All articles by Verdict Staff
Verdict Staff
CBI introduces new mobile banking app, RuPay debit card
The Central Bank of India (CBI) has introduced a new mobile banking app, and Europay, Mastercard, Visa- (EMV) compliant RuPay debit card on 23 December 2013 to celebrate its 103rd Foundation day.
CFPB, DOJ impose $35m fine on National City Bank for selling race-based home mortgages
The Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) have imposed $35m fine on National City Bank, owned by PNC Financial Services Group, for charging higher prices on residential loans to African-American and Hipsanic borrowers.
Zimbabwe plans to issue new regulations for mobile operator Econet
The Zimbabwe government is planning to issue new regulations that will force telecoms operator Econet to provide local banks access to its mobile banking service.
HSBC to launch NFC mobile wallets in Hong Kong
HSBC has partnered with four Hong Kong-based mobile operators HKT, CSL, SmarTone Telecommunications and China Mobile Hong Kong to launch NFC-capable mobile wallets in the country in 2014.
Banks cannot upgrade account without customer consent, say experts
Banks in India cannot upgrade their customers account into a premium account without their consent, according to Bank of India-backed Abhay Credit Counselling Centre chief credit counsellor VN Kulkarni.
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United Arab Bank secures $250m syndicated loan
Sharjah-based United Arab Bank (UAB) has signed a two-year landmark deal with 12 multinational and regional banks to secure $250m syndicated loan.
India Post to roll out ATM network nationwide
India Post, a state-run postal service, is planning to roll out 5,000 automated teller machines (ATMs) throughout the nation and bring all its branches on a single technology platform.
FGB introduces new online banking platform iSave
UAE-based lender First Gulf Bank (FGB) has launched a new online banking platform iSave online account to allow customers to easily perform banking operations such as withdrawals, and also provide them with a chance to win money.
Anadi Financial buys Hypo Alpe-Adria-Bank International
Anadi Financial Holdings, a company owned by British-Indian entrepreneur Sanjeev Kanoria, has bought Austrias Hypo Alpe-Adria-Bank International for 65.5m.
US Bank to come up with new mobile shopping app
US Bancorp, an American diversified financial service holding firm and parent company of US Bank National Association, is developing a new mobile shopping app.