All articles by Verdict Staff
Verdict Staff
Sberbank unveils new consumer loans campaign in Russia
Sberbank, a Russia-based lender, has unveiled a new campaign in the country that allows borrowers to receive consumer loans at fixed interest rate of 14.5% per annum.
Asian Banks; Asian Demands
Eastern banking institutions are no longer looking to the West for innovation, focusing instead on the specific needs of the Asian market
MoneyGram adds CIMB Bank Singapore to agent network
MoneyGram International, a US-based money transfer company, has added CIMB Bank Singapore to its agent network list, allowing it to offer international money transfer services at the CIMB Bank Currency Exchange outlets.
Merchant-Funded Reward Programs Deliver All-Round benefits
New research from Timetric shows that merchant-funded reward programs are increasingly seen as the future of the rewards and loyalty sector
In The Competition for Customer Loyalty, Banks Turn to Social Media
New research by Timetric indicates that the rising adoption of social media and the use of smartphone have provided banks with alternative channels through which to engage consumers
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Global Banks Target Women and Youth to Boost Growth in the Banking Industry
According to a new forecast report from Timetric, women and youth are two upcoming customer groups for retail banks. They are expected to drive growth in this sector. Timetric advises the banking industry to address their specific needs to achieve growth.
Retail Banks Using Technology to Drive Profitability to 2020
Retail banks around the world are re-examining their strategies to expand business and achieve cost efficiencies. According to research by Timetric, banks are expected to increase spending and emphasis technology to improve profitability to 2020. Regulatory compliance, security issues and a shift in consumer behaviour are key drivers of the trend.
OBS to introduce new Messenger Mobile Tablet app
Georgia-based Online Banking Solutions (OBS) is to introduce a new mobile application, called Messenger Mobile Tablet, at the AFP Annual Conference in Las Vegas on 28 October 2013.
Pepper Group acquires South Korean mutual savings bank
Pepper Group, an Australia-based specialty residential mortgage and consumer financing services provider, has acquired the South Korean mutual savings bank, formerly known as Evergreen Savings Bank, for an undisclosed amount.
IBM develops two-factor authentication security technology for mobile transactions
IBM has developed a new two-factor authentication security that is based on near-field communication (NFC) technology to perform mobile transactions including online banking and digital signatures.