All articles by Duygu Tavan
Duygu Tavan
DnB Nor pre-tax retail income up 10%
Norways DnB Nor Group has posted a 9.6% year-on-year increase in half year pre-tax income from retail banking to NOK3.6bn. Net interest income from retail banking for the six months to June rose by just under 1% to NOK7.1bn.
RBS launches iPad app for retail customers
Royal Bank of Scotland and NatWest has partnered with mobile money networks and technology group Monitise to introduce the first app dedicated to retail banking customers using the iPad.
Turkish lender Halkbank orders 840 Wincor Nixdorf ATMs
Turkish lender Halkbank, the smallest by assets among the three state-owned banks, has signed up 840 multifunctional ATMs from Wincor Nixdorf for installation by the end of the year.
USAA drops debit card rewards
USAA Bank has become the latest bank to end debit card rewards following the implementation of the Dodd Frank Act. The bank said it is ending the rewards scheme on 1 September in order to continue to offer free current accounts and other member-valued benefits. But the bank emphasised that it would not begin adding extra charges and that the decision only affected debit cards and not credit cards rewards.
Absa ready for contactless payments in S Africa
Absa Bank has been trialling the contactless cards for nine months and is now getting ready to issue contactless cards in branches to the wider public.
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Bank of Georgia, Serverside Group introduce card personalisation programme
Bank of Georgia’s Love Card deploys technology by the card customisation subsidiary of Gemalto, Serverside Group, and is available as a debit and credit card. Making use of the social media potential in financial services, the bank encouraged clients via its Facebook page to upload their own designs in three categories: Photo, graphic design, painting.
UniCredit Slovakia deploys Gemalto contactless m-payment sticker
Italian bank UniCredit’s subsidiary in Slovakia has begun deploying a sticker for contactless payments on mobile phones – the first such service in the country.
JPMorgan Chase launches premium account for military
The Military Banking account is available for active duty Armed Forces service members and members of the Guard and Reserve JPMorgan Chase said that the accounts of its existing military client base would automatically be upgraded to the new Chase Premier Plus account, which offers premium services that are usually offered to affluent customers.
Santander stops outsourcing call centre staff to India
The decision to relocate the call centre base back to the UK is part of Santanders focus on improving customer service standards as many customers have complained about the service.
TCF drops lawsuit against Fed
While we continue to believe that the Durbin Amendment is unconstitutional because it requires below-cost pricing and exempts 99% of all US banks, we believe our lawsuit has served its purpose in demonstrating the unfairness of the Durbin Amendment and that it is time for us to move on,” said William Cooper, chairman and CEO