All articles by Verdict Staff
Verdict Staff
DCB Bank plans to expand branch network in India: Reports
India-based DCB Bank is, reportedly, planning to expand its branch network from current 116 to 300 branches over the next two-three years across the country.
Wells Fargo bans staff from peer-to-peer lending: Reports
Wells Fargo has, reportedly, prohibited its employees from participating in peer-to-peer (P2P) lending citing it as a competitive activity and creates conflict of interest.
National Bank of Andrews, AimBank select Temenos T24 core processing platform
US-based National Bank of Andrews and AimBank have selected Temenos T24 core processing platform, to drive business growth and improve efficiency.
BranchServ launches new BranchFormation solution
BranchServ, a Connecticut-based division of Custom Vault, has partnered with Nautilus Hyosung and launched its new BranchFormation solution, which will allow it to add ATMs, cash recyclers and the new branch solution (NBS) to portfolio.
Mobile account opening in US increased by 50%: Andera report
The use of smartphones and tablets for banking operations, such as account opening and bank switch, has increased by almost 50% in the US, according to a new report by Andera.
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Majority of Kenyans use mobile devices for banking operations: KBA survey
Around 60% of Kenyans use their mobile phones for financial and banking transactions, according to a survey by the Kenya Bankers Association (KBA).
RBS Citizens Bank introduces new current account that waives monthly fees
RBS Citizens Bank has launched a new current account that cuts maintenance fee of $9.99 per month if customers make at least one deposit every month, reported The Boston Globe.
UK lacks bank IT servicing industry, says Metro Bank chairman
Banks in the UK do not have an IT servicing industry and most of them depend on their own computing systems, said Metro Bank chairman Vernon Hill.
UK FRC launches investigation on KPMG over Co-operative Bank audits
The Financial Reporting Council (FRC), a UK regulatory body that governs accounting, auditing and actuarial work, has started investigation on KPMGs audit of Co-operative Banks account until 31 December 2012.
Wells Fargo begins tests on voice-recognition technology: Reports
Wells Fargo has, reportedly, begun testing its voice recognition technology on mobiles that will allow customers to interact with their smartphones.