All articles by Verdict Staff
Verdict Staff
Banco Ganadero selects SwissBytes, YubiKey solutions for online banking services
Bolivia-based Banco Ganadero has selected SwissBytes Virtual Box (SB-VBOX), developed by SwissBytes, which is integrated with Yubicos YubiKey authentication factor to offer secure online banking services for its customers.
Indias Andhra Bank plans to focus on retail lending: Reports
India-based Andhra Bank is, reportedly, planning to shift its focus on retail lending as many of its assets in the infra sector are non-performing or bad.
Co-operative Bank raises interest rates for mortgage borrowers
UK-based Co-operative Bank has increased the interest rates for borrowers who claimed mortgages through its Owhhome scheme during the period between 2008 and 2010, according to The Telegraph.
Wells Fargo, US Bancorp and Fifth Third plan to stop offering deposit advance loans
Wells Fargo, US Bancorp and Fifth Third Bancorp are planning to stop offering their direct deposit advance products in order to meet the new rules issued by the Office of Comptroller of the Currency (OCC) and the Federal Deposit Insurance (FDIC).
Citi plans to axe 950 jobs in mortgage division: Reports
Citi is, reportedly, planning to cut 950 jobs in its default mortgage service divisions across the country, as part of its effort to consolidate the business.
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NCB Jamaica to add 55 iABMs, 31 banking kiosks in 2014
National Commercial Bank Jamaica (NCB) is set to add around 55 intelligent automated banking machines (iABMs) and 31 banking kiosks in 2014, under its Bank on the Go initiative launched in New Kingston recently.
Lloyds Bank to reduce mortgage rates to 0.20%
Lloyds Bank is set to bring down the rates across its two-year fixed rate mortgages to 0.20%.
RHB Bank to expand business in Singapore: Reports
Malaysia-based RHB Bank is, reportedly, planning to triple its business in Singapore in the next two years by focusing on corporate, investment and business banking.
MCB Bank to upgrade core banking system with Oracle WebLogic Suite
MCB Bank, a Pakistan-based financial service provider, is set to upgrade its core banking system using Oracle WebLogic Suite.
South African retail banking confidence remains weak: EY survey
The retail banking confidence in South Africa has remained weak in the fourth quarter of 2013, according to a survey by professional services firm Ernst & Young (EY).