All articles by Ellie Chambers
Ellie Chambers
Barclays to refund 300k customers at £100m cost
Barclays is to refund around 300k personal loan customers at an expected cost of £100m ($159m) due to errors made on their paperwork.
6% sale of Lloyds stock raises £3.2bn for UK Treasury
6% of Lloyds Banking Group has been sold to investors, raising £3.2bn ($5.1bn) for the UK Treasury.
German customers “cool and calm” after Vodafone hacker steals bank details
German bank customers have reportedly remained calm after a security breach which saw 2m customers’ account details compromised.
FNB South Africa rolls out 1250 automated tellers
First National Bank (FNB) is to roll out 1,250 NCR automated self-service teller units to remote regions without branches in South Africa.
ICICI to issue 500k credit cards by March 2014
ICICI Bank is aiming to gain 500k credit card customers by March 2014.
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Rotten core of IT systems will cost banks
Banks will face a sharp rise in costs due to the ‘rotten core’ of their IT systems, Deutsche Bank has warned.
Produbanco and Telefonica Movistar launch MasterCard credit card
Ecuador’s Produbanco and Telefónica Movistar have joined together to launch a co-branded MasterCard credit card.
Datacard to provide Ecobank with in-branch instant issuance
African financial service provider Ecobank is to use Datacard’s instant issuance solution to produce its Visa CashXpress cards in-branch.
Sharpest rise on record for UAE consumer lending
Consumer lending in the UAE has experienced the sharpest increase on record, according to the Central Bank of the UAE.
NCR launches 24 hour branch banking in Southeast Asia
Global transaction tech company NCR has launched 24 hour branch banking in Southeast Asia with interactive ATMs.