All articles by Rozenn Le

Rozenn Le

Santander’s overdraft fees to change from 19 August

Spanish-owned bank Santander has announced a package of changes on overdraft fees coming to effect on 19 August, which will affect millions of customers in the UK.

Australia’s St George Bank to deactivate internet banking by 2015

St George Bank, the first Australian bank to launch internet banking in 1995, has announced plans to deactivate the service and become a “mobile only” bank by 2015.

Chinese regulators reportedly ask banks to revive the country’s property market

The China Banking Regulatory Commission (CBRC) has reportedly asked banks to accelerate mortgage lending and to price loans reasonably as the nation’s property market cools.

Co-op Bank ATMs to be removed from the group’s stores

The UK’s Co-operative Group has told its former banking subsidiary that it is considering removing its 2,000 ATMs from its supermarkets, thus deepening the split between the two organisations.

Meezan Bank and Inov8 to launch mobile banking services in Pakistan

Pakistan’s Meezan Bank and branchless banking specialist Inov8 have partnered over the implementation of mobile financial services in the country.

Reserve Bank of India rules no fines for dormant accounts

The Reserve Bank of India has asked all commercial banks not to penalise account holders who do not maintain a minimum balance in their dormant accounts.

CaixaBank launches Facebook banking app

CaixaBank, a Spanish financial institution, has launched a facebook app that allows users to access their bank accounts and perform transactions via the social network.

Emirati First Gulf Bank partners with Monitise for mobile banking services

Abu Dhabi-based First Gulf Bank (FGB) has announced a partnership with e-commerce vendor Monitise to launch mobile banking services to consumers in the Middle East.

RBC Wallet now available on four more mobile devices

Royal Bank of Canada (RBC) and Bell Canada, one of the country’s largest telcos, have extended their mobile payment service to four more devices.

Lloyds to sell off 25% of its TSB business in June

Lloyds Banking Group has announced a plan to sell off 25% of its revived TSB business in a stock market flotation at the end of June.