All articles by Imogen Rayfield

Imogen Rayfield

Citigroup sells retail banking operations in Uruguay

New York headquartered Citigroup is to sell its retail banking operations in Uruguay to Itaú Unibanco, Brazil’s second largest bank by assets.

Processing platform from Fiserv selected by Greater Nevada Credit Union

The DNA account processing platform from Open Solutions, a part of financial services provider Fiserv, has been selected by the Greater Nevada Credit Union to improve service for its 45,000 members.

Lloyds Bank makes deal with Monitise

Lloyds Bank has joined forces with mobile payments provider Monitise to develop a range of mobile card acceptance solutions for small businesses in the UK.

Wells Fargo launches text receipts at 12,000 ATMs

Wells Fargo, the fourth largest bank in the US by assets, has introduced text receipts to over 12,000 of its ATMs across the US.

India’s ICICI Bank plans foreign and home expansion

ICICI Bank, India’s second largest bank by assets, plans to open branches in Australia, South Africa and Mauritius as part of its foreign expansion.

VietinBank selects Yalamanchili’s payment processing software for prepaid card

Payments software provider Yalamanchili has been selected by Vietnamese bank VietinBank to provide the payment processing software for its E-Fast On Visa Prepaid Card.

UniCredit replaces its ATMs with Wincor Nixdorf’s Cineo generation

UniCredit, Italy’s largest banking group by assets, has chosen to install ATMs and cash recycling systems from self-service vendor Wincor Nixdorf that will replace nearly 50% of its current self-service systems over the next three years.

KBank to launch personalised ATMs

Thai bank Kasikornbank (KBank) is to roll out a new ATM solution that will enable KBank customers to personalise their ATM experience.

RBS reveals more job cuts as boss quits

Royal Bank of Scotland will cut 2,000 jobs in its investment division as it is revealed chief executive Stephen Hester is to step down at the end of the year.

US Banks profit from debit card overdraft fees

A new report conducted by the Consumer Financial Protection Bureau (CFPB) has found that overdraft fees are still a large source of revenue for banks in the US.