All articles by Verdict Staff

Verdict Staff

Current account customers lack real information: Which? research

The current account market is not transparent enough for customers to be able to make properly informed choices, according a new research by consumer watchdog Which?

BOT to introduce third-party payment service for online banking customers

Bank of Taiwan (BOT) is set to introduce a new third-party payment service for its online banking customers in 2014, following the approval from the Financial Supervisory Commission to receive and make online payments.

Mashreq adds interactive screens to its E-Cube branches

Mashreq has rolled out interactive Microsoft technology to its new E-Cube branches in the United Arab Emirates .

Citi allows ThankYou rewards members to use points for online shopping

Global banking conglomerate Citi is planning to enable its ThankYou Rewards members to use their ThankYou Points when shopping online with a Rewards Account Number.

Andhra Bank boosts retail banking presence through Nextgen branches in India

Andhra Bank has launched 90 next generation branches in India, as part of its strategy to expand customer base and retail business under an initiative – Nava Shakti.

IND Group unveils mobile banking app Essence

IND Group, a developer and provider of banking front-office products on the European e-finance market, has rolled out its latest mobile banking application – Essence.

Bank reputation and service drive customers to switch current accounts: Report

Majority of the customers in the UK are switching their current accounts based on the particular bank’s reputation and customer service, according to a recent study.

Tata pulls out of race for banking license

One of India’s largest business groups, Tata, has withdrawn its application for a banking license, considering its current financial services business strategy, reported the BBC.

Credit Agricole to shut down 50 branches by 2015: Report

French retail banking group Credit Agricole is considering to shut down approximately 50 bank branches in the Paris region by 2015, as part of its strategy to streamline banking operations in the country.

Gulf investors plan to establish euro-zone’s first Islamic bank in Luxembourg: Reports

A group of private investors from Gulf Arab countries are, reportedly, planning to set up a full-fledged Islamic bank in Luxembourg, which is expected to offer an array of retail, corporate and private banking services.