All articles by Verdict Staff
Verdict Staff
First Gulf Bank considers expansion into new foreign markets in 2014
UAE-based First Gulf Bank is considering to expand its business into three or four new foreign markets in 2014, to achieve double-digit profits from its International operations, according to First Gulf Bank CEO Andre Sayegh.
Backbase adds social capabilities to customer experience platform
Backbase, a Netherlands-based software firm, has updated its customer experience platform (CXP) with social capabilities that allows businesses to expand their omni-channel strategy.
Bank of Queensland plans to close bank branches: Reports
Australia-based Bank of Queensland is, reportedly, planning to close some of its bank branches to boost the performance of its retail banking business and reduce expenses.
Barclays to cut up to 1,700 jobs at UK branches
Barclays is set to reduce around 1,700 frontline roles from across its branch network in the UK throughout 2014, as more customers are dependent on technology for performing banking operations.
Southern Independent Bank to deploy Fiservs Premier banking platform
Alabama-based Southern Independent Bank is to deploy Premier banking platform and other range of solutions developed by Fiserv.
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Let your Data Define your Storage
We are living in an age of exponential data growth. Financial services companies are generating data volumes that, in our experience, roughly double every two years; a gargantuan amount that continues to increase. This ‘big data’ has the potential to deliver significant business value if harnessed correctly, particularly in financial services, a sector which is arguably more data driven than any other, writes Shahbaz Ali
Bank Sohar implements Path Solutions iMAL platform
Bank Sohar Muscat has deployed iMAL banking software, developed by Path Solutions, at its Sohar Islamic branches in Muscat, Batinah, Salalah and Dakhiliya regions.
Wing Lung Bank seeks to expand personal unsecured loan portfolio
Wing Lung Bank, a Hong Kong-based lender and subsidiary of China Merchants Bank, is seeking to double or triple its personal unsecured loan portfolio to achieve better interest income returns.
PNC Bank to install surcharge-free in-store ATMs at Sheetz stores
PNC Bank in the US has signed a deal with Sheetz, a family-owned and operated convenience chain, to provide in-store ATMs with surcharge-free access to all its stores spread across six states.
Woori Bank plans to expand retail banking business in Indonesia: Reports
Woori Bank is, reportedly, planning to expand its retail banking business in Indonesia after receiving approval from Indonesias central bank for the acquisition of Saudara Bank in the country.