All articles by Verdict Staff

Verdict Staff

Virgin Money to offer current accounts in 2014

Virgin Money, a UK-based lender and part of Sir Richard Branson’s group of companies, is to enter into current account market in 2014.

ANZ launches new mobile payment app

The Australia and New Zealand Banking Group (ANZ) has unveiled a new mobile payment app, ANZ FastPay, which allows merchants to process payments using their smartphones.

Thai Credit Retail Bank plans foray into microfinance sector

Thai Credit Retail Bank (TCRB), a Thailand-based bank that offers financial services to small and medium-sized enterprises (SMEs) and retail customers, is eyeing to enter microfinance sector in 2014.

Different customers in New Zealand adopt different hi-tech banking services: Roy Morgan study

Different proportions of customers in New Zealand adopt different hi-tech services offered by banks, according to a study by Roy Morgan Research.

Spanish bank BMN selects IBM to enhance IT infrastructure and applications

Spain-based lender Banco Mare Nostrum (BMN) has signed a ten-year deal worth $300m with IBM to improve the efficiency and flexibility of its IT infrastructure and applications.

Doha Bank secures license to start banking operations in India

Doha Bank, a Qatar-based private commercial bank, has secured a license from the Reserve Bank of India (RBI) to begin banking operations in the country and open a foreign bank branch in Mumbai.

Majority of mobile banking apps contain build and configuration weaknesses: Praetorian study

Around eight out of ten mobile banking apps that are available on App Store and Google Marketplace have been found to contain build and configuration weaknesses, according to a research by Texas-based information security provider Praetorian.

Ulster Bank resolves technical problems with its payments system: Reports

Ulster Bank, a subsidiary of Royal Bank of Scotland (RBS), has reportedly fixed the technical problems that once again hit its online payments processing services causing delays in inbound and outbound transactions for euro customers.

Scotiabank not looking for retail bank acquisitions in the US, says CEO

Canada-based Scotiabank is not looking for retail bank acquisitions in the US, but will seek to grow its existing businesses in the Canadian, Latin American and Asian regions, says CEO Brian Porter.

BDO, Xoom join forces to launch instant bank deposit service

Philippines-based lender BDO has joined forces with Xoom, a digital money transfer provider, to launch an instant bank deposit service that allows Xoom customers to instantly send money into a BDO account.