All articles by Billy Bambrough
Billy Bambrough
Clydesdale and Yorkshire Bank fined £9m by regulator
National Australia Bank’s (NAB) UK subsidiary Clydesdale and Yorkshire Bank (CYB) has been fined £9m ($14.5m) by the UK’s Financial Conduct Authority (FCA) for failing to correctly manage the repayments of 42,500 mortgages.
NAB rolls out P2P payments app
National Australia Bank (NAB) has launched a mobile app allowing its customers to make peer to peer payments (P2P) using a mobile number, email or Facebook message.
BNZ uses facial recognition software to uncover New Zealanders’ financial feelings
Bank of New Zealand (BNZ) has adopted facial recognition software for its website to help customers understand how they feel about their money.
ICICI Bank uses Facebook for mobile payments
ICICI, India’s 3rd largest bank by assets, has unveiled a new app allowing customers to send money to people via Facebook.
Citi to slash 1,000 jobs in mortgage office
Citigroup has announced it is to cut around 1,000 jobs its mortgage business in the US, amounting to around 8% of the 13,000 jobs in the division.
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Lloyds hits UK high street as stand alone bank
Lloyds Bank can be seen again on the UK high street from 24 September for the first time in 18 years after the Lloyds TSB brand was broken up.
Grant Victor unveils ATM loyalty programme
Grant Victor, a US based ATM operator, has announced it is to team up with loyalty scheme issuer AppCard to provide an intergrated ATM loyalty programme for ATM operators.
Seven day switching arrives in the UK
The current account switching service, promising to move your account from one provider to another within seven days has gone live in the UK.
Cloud computing moves to the fore
Banks are increasingly moving their operations to the cloud, with the aim to overcome legacy IT issues and achieve cross channel consistency. Billy Bambrough takes a closer look at cloud computing and how it is helping banks to increase efficiency
Chase opts for Isis mobile wallet
Chase has announced it will roll out the Isis mobile wallet nationwide later this year, offering it’s credit cards in the wallet.