All articles by Verdict Staff

Pakistan’s Meezan Bank, PQFTL partner to launch new savings product

Meezan Bank, a Pakistan-based Islamic bank, has partnered with Pak Qatar Family Takaful Limited (PQFTL) to launch Meezan Kafalah, a Shariah-compliant savings product.

Global banks’ IT spending to touch $188bn in 2014: Celent report

Banks across the globe including North America, Europe and Asia-Pacific regions, will increase their information technology (IT) spending to $188bn in 2014, an increase of around 4.4% from 2013 figures, according to a report by Celent.

Bangkok Bank deploys Fiserv’s Mobiliti Edge solution

Bangkok Bank Public Company, a Thailand-based lender with more than 17 million customer accounts, has deployed Fiserv’s Mobiliti Edge solution as its mobile banking, alerting and payments platform.

BNZ to go live with RealMe service

Bank of New Zealand (BNZ) is all set to go live with RealMe service from mid-February this year, allowing customers with verified RealMe account to open a range of BNZ transactional accounts online.

Barclays begins probe into alleged theft of consumer data

Barclays, along with the UK banking regulators, has started an investigation related to alleged theft of personal information of 27,000 customers, according to a report by The Mail on 9 February 2014.

Indian banks plan to open 10,000 branches in 2014, says Union Finance Minister

Banks in India are planning to open 10,000 branches across the country in 2014, which would create over 50,000 new banking jobs, according to India Union Finance Minister P Chidambaram.

Bank of the Philippine Islands eyes 40% growth in mobile-banking business

Bank of the Philippine Islands (BPI) is eyeing a 40% increase in the number of mobile-banking users for 2014.

Danske Bank set to close current account service in Ireland

Denmark-based Danske Bank is all set to close its current account service in Ireland, a decision that would affect 15,000 customers.

The European Digital Financial Services Power 50

Call for Nominations

The Digital Banking Club is delighted to announce the launch of the European Digital Financial Services Power 50, the first and only independent ranking of the most influential people in digital – and we’re talking mobile and online – financial services in Europe.

Mexican firm Kueski.com selects Mambu’s cloud banking platform

Kueski.com, a Mexico-based financial services innovator, has selected Mambu’s cloud banking platform for its consumer lending business.