All articles by Verdict Staff

Verdict Staff

ASBB, BMI Bank complete merger of businesses

Al Salam Bank Bahrain (ASBB) and BMI Bank, a Bahrain-based retail and commercial banking institution, have completed the merger of both their businesses.

Banking for all: India ramps up efforts to grow financial inclusion

Recent announcements by India’s central bank promoting financial inclusion has brought a new focus to this sector of the market. RBI’s Asia correspondent Sruti Rao looks at the current state of banking in rural India and what lies ahead for the future

Westpac plans to extend new cashless payment service in closed environments

Westpac Banking is planning to extend a new cashless payment service in closed environments such as corporate campuses, mining sites and universities.

Citi to launch new mobile banking app

Citi is set to launch its new banking app, CitiMobileSnapShot, which will allow customers to check balances and view the last 15 transactions without logging into their bank accounts.

UK retail banks to increase ICT spending: Kable survey

Around 42% of retail banks in the UK are planning to increase their information and communications technology (ICT) investments in the near future, an increase of 4% compared to 2012 spending, according to a global survey by Kable.

Mashreq introduces new current account

Mashreq, a UAE-based financial institution, has introduced a new Sweep Current Account that is designed to automatically sweep money, which is above certain threshold, into an interest-paying deposit.

Barclays has most secure banking website in UK: Forrester Research

The online platform of Barclays is the most secure banking website among all the UK’s largest retail banks and building societies, according to a new report by Forrester Research.

GFCU to integrate Geezeo’s PFM solution with online banking platform

GRANCO Federal Credit Union, a Washington-based member-owned, not-for-profit financial institution, is all set to integrate its online banking platform with Geezeo’s personal financial management (PFM) product.

Bank of the West launches updated version of Quick Balance app

Bank of the West, a subsidiary of BNP Paribas, has rolled out the updated version of its mobile banking application, Quick Balance, which now allows customers to manage their finances with ease.

PKO Bank Polski looking for acquisitions outside Poland

Poland’s PKO Bank Polski is, reportedly, looking for foreign acquisitions, in a bid to boost its market footprint, according to management board member Jakub Papierski.