All articles by Ellie Chambers

Ellie Chambers

Customers withdraw money from Brokbiznesbank after ATM failures and loss of major client

Customers have been queuing to withdraw their money at Brokbiznesbank in Kyiv.

Misys acquires IND group in effort to expand its retail banking offering

In a drive to expand its retail offering, international banking software company Misys has acquired Hungarian IND group, a mobile and online banking specialist.

Washington Federal to acquire 23 BofA branches in western states of US

US credit union Washington Federal will acquire 23 Bank of America (BofA) branches in Arizona and Nevada.

India’s central bank authorises non-bank entities’ ATMs in bid to boost network

India’s central bank has authorised four non-banking entities to set up white label ATMs in an effort to extend the country’s ATM network.

Lloyds Banking Group preparing for second sale of government shares

Lloyds Banking Group has confirmed that preparation has begun for a second sale of government owned shares in the bank.

Absa customers complain of online service downtime

Absa customers have taken to Twitter to complain about downtime on the bank’s online services for the second time in a week.

Santander reports a 90% rise in net profits for fiscal year 2013

Santander has posted a group profit of €4.37bn ($5.92bn) for the fiscal year 2013, a 90.5% rise in net profits year on year.

US Postal Service considers providing financial services to underbanked

The US Postal Service (USPS) is considering joining with banks to provide financial services for 68m underserved Americans.

Irish credit unions refusing to lend under orders from Central Bank – League of Credit Unions

Irish credit unions are refusing loans to thousands of Irish consumers after being ordered to limit their lending, says the League of Credit Unions.

RBS to bring small business lending back under retail banking division

Royal Bank of Scotland is expected to put small business lending back in the hands of its retail division and branch managers.