All articles by Verdict Staff

Verdict Staff

Skyline Financial unveils new lending brand NewLeaf

Skyline Financial, a California-based direct lender and technology developer, has unveiled a new consumer, affinity and wholesale lending brand, NewLeaf Lending, to offer enhanced customer experience.

Most banks find it hard to gain new customers: Bain report

Most banks are finding it increasingly hard to gain new customers forcing them to search for new areas of growth, according to a report ‘2013 Customer Loyalty in Banking Report’ by Consulting group Bain & Company.

Citi closes 22 bank branches in South Korea: Reports

US-based Citi has, reportedly, closed around 22 branches in South Korea in the first nine months of 2013, bringing its total number of branches in the country to 196.

Nine financial institutions select Fiserv’s Cleartouch bank platform

The Cleartouch bank platform, developed by Fiserv, has been selected by nine financial institutions to perform easy account processing, real-time transactions and easy conversion, and allow integration with the company’s other banking solutions.

Mobile banking boosts financial awareness among New Zealanders: Westpac report

Mobile banking has been successful in creating enhanced financial awareness among 64% of people in New Zealand, according to a report ‘The Westpac NZ Mobile Banking Report’.

FNB rolls out mobile banking app in seven African nations

South Africa-based First National Bank (FNB) has rolled out its banking app and other digital products and services in seven African nations including Zambia, Namibia, Botswana, Swaziland, Lesotho, Tanzania and Mozambique.

GE plans to sell 20% stake of consumer lending business through IPO

General Electric (GE) in the US is planning to dispose of its North American Retail Finance business through an initial public offering (IPO), as part of its plan to exit from the business and focus on industrial equipment and appliances division.

NCB to deploy intelligent banking machines at its 35 branches

National Commercial Bank Jamaica (NCB) is set to deploy intelligent banking machines (iABMs) at its 35 branches in the country, with an aim to reduce around one-third of its counter traffic.

Axis Bank seeks to raise FII holding to 62%

India-based Axis Bank is seeking to raise its foreign institutional investment (FII) holding from existing 49% to 62%, a move that will make it a “foreign-owned” lender to be governed by foreign direct investment (FDI) policy.

Tioga-Franklin deploys Data Center’s iCore360 core banking software

Philadelphia-based Tioga-Franklin Savings Bank has partnered with Data Center to deploy its core banking software, iCore360, to enhance its customer relationship.