All articles by Verdict Staff
Verdict Staff
Consumer confidence continues to rise: Lloyds Bank report
Consumer confidence in the UKs economic situation has reached 121 points in September, an increase by nine points than three months ago, according to a new report titled The Lloyds Bank September Spending Power Report by the Lloyds Bank.
Westpac to move 83 Australian jobs to India
Sydney-based lender Westpac is planning to move 83 jobs from its business consumer lending, business consumer services and group finance divisions in Adelaide, Sydney and Melbourne, to India under a cost-cutting programme.
Kenyan lender NIC launches new mobile banking app
Kenya-based NIC Bank has launched a new mobile banking app, NIC NOW, which will allow consumers to perform banking transactions through mobile devices with Android, iOS, Windows and BlackBerry platforms.
Mobile banking usage to increase in Ireland: Ulster Bank research
The use of mobile banking is expected to grow in Ireland, according to a new research commissioned by Ireland-based Ulster Bank.
Co-operative Bank of Kenya, Aurionpro partner to provide online banking services
Co-operative Bank of Kenya and Aurionpro Solutions, an India-based publicly-traded technology company, have teamed up to provide customers with online banking services through the use of Aurionpros iCashPro Internet Banking suite.
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A short-term perspective could leave banks counting the cost
When it comes to customer loyalty, banks have long held a privileged position. Whether it’s the difficulty of navigating a raft of red tape, an inability to separate the offering from the vast array of different providers, or simply a feeling of contentment with the service offered – for most of us changing bank is a rarity, writes Ruaraidh Thomas
Online Payments in India Reach $19bn as E-Commerce Takes Flight
The number of internet users in India has tripled over the last five years to reach approximately 150m. This growth is driving expansion in e-commerce – a market estimated at around $19bn in 2013, according to a new report by Timetric.
An Engaging Investment: Financial services and the benefits of mobile for better customer engagement
Today’s consumers lead a mobile-centric lifestyle. But for retail banks and the personal finance industry, mobile still remains a largely untapped resource. This must change if financial companies want to connect properly with their customers, and not appear out of touch.
UK banks and regulation: The new frontier…
The seven-day switching service is the latest in a string of regulatory changes impacting on the UK retail banks. Since the demise of the voluntary Banking Code in 2009, the sector has experienced a deluge of new mandatory prudential and conduct of business requirements, writes Roger Davies
The Seven Day Switch
Have you ever switched your current account? Given how complicated and time consuming this can be, chances are you haven’t. Until now… Have you ever frustratingly thought about switching bank accounts but thought better of it? I would dare to say yes, many of us have, but have traditionally been put off by the laborious process that would ensue. All that, however, is about to change. Going forward, we might not stop at just thinking about switching, but actually take the plunge when our bank is slow to move with the times or a competitor offers better rates, writes Keith Rowling