All articles by Verdict Staff
Verdict Staff
Erste Group savings barometer : CEE savings sentiment turns the corner; online banking makes big leaps
Saving is still important to more than two thirds of people in CEE. Most of them have been able to keep their saving rate steady in 2013.
UBA launches new current account to perform COT-free transactions
United Bank for Africa (UBA) has launched a new account, Lion Prime, which allows users to perform transactions for zero commission on turnover (COT).
Mortgage approvals in UK hit five-year high to almost 67,000 in September
Mortgage approvals by the UK banks have hit a five-year high to almost 67,000 in September, amid decreasing borrowing costs, according to a data by the Bank of England.
Wolters Kluwer Financial Services debuts AML solution in China
Wolters Kluwer Financial Services (WKFS), a comprehensive risk management, compliance, finance and audit solutions provider, has made its anti-money laundering (AML) solution available for financial institutions in China.
Danske Bank rolls out new mobile payment service in Lithuania
Denmark-based Danske Bank has rolled out a new mobile payment service in Lithuania that allows customers to transfer funds and make payments for money orders through their smartphones.
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Santander launches new current account in US to pay customers for everyday banking
Santander Bank in the US has introduced a new current account, extra20 checking, which will pay customers $20 every month for performing daily banking operations.
Bank of the West deploys Zafins miRevenue software suite
Bank of the West, a San Francisco-based subsidiary of BNP Paribas, has deployed Zafins new miRevenue software suite, which allows it to offer relationship pricing and product bundling for its SME checking product line.
Sovcombank agrees to acquire GE Money Bank unit in Russia
Russian lender Sovcombank has signed an agreement to purchase the local unit of GE Money Bank, a subsidiary of US-based General Electric (GE).
Ecobank implements Fundtechs global cash management solution
Pan-African banking group Ecobank has implemented Israel-based Fundtechs integrated, real-time cross-border payment and cash management system, called Global CASHplus, in 30 African countries.
CBAs deposit accounts increase to 21.1 million: CBK data
Commercial Bank of Africas (CBA) number of deposit accounts has increased by 2.15 million to 21.1 million in the three months ended 30 September 2013, according to the data by Central Bank of Kenya (CBK).