All articles by RBI editorial
RBI editorial
Deutsche Bank to sell card business to EVO
Deutsche Bank will sell 100% of its Cologne-based Deutsche Card Services to US merchant acquirer EVO Payments International.
Garanti mobile customers increase following app launch
There has been a 25% increase in new mobile banking customers for Turkish lender Garanti, following the launch of its personal finance app.
Nationwide launches new current account FlexDirect
The UKs largest building society by assets, Nationwide, has launched FlexDirect, a new current account that can only be accessed via telephone or online.
Lloyds to inform customers of branch sale in writing
Lloyds TSB plans to write to over 3m of its customers who will be affected by the sale of its 632 branches to UKs The Co-operative Bank (Co-op), also known as Project Verde.
BBVA to use Foursquare for feedback
BBVA, the second biggest Spanish bank by assets, will enable customers to interact with the lender via online check-in social networking service Foursquare.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Zopa passes £250m in peer-to-peer loans
Zopa, the UK-headquartered online peer-to-peer (P2P) lender, has reported lending over £250m since it launched in 2005.
Citi opens Philippines smart banking branch
Citibank (Citi) has launched its first smart banking branch in the Philippines offering facilities such as screens to view product demonstrations, a media wall to display information, and video conferencing options.
Nationwide launches new Loyalty Saver account
The UKs largest building society by assets, Nationwide, has launched a new Loyalty Saver account with the aim to enable customers to get a higher interest rate depending on the length of time they have been a member.
Barclays to acquire ING Direct UK
ING Direct has decided to exit the UK retail banking market, allowing Barclays to buy the online banks deposits, mortgages and business assets.
Core systems upgrades are key to profitability
On the back of research that shows that banks need to refurbish technology to remain profitable, Temenos Adrian Hadley tells RBI why IT renovation is essential to compete with market entrants. Research from IDC Financial Insights has shown that banks that have renovated their core banking systems in part or in entirety are more profitable in comparison to the ones that have not done so. According to retail banking product director at Temenos, Adrian Hadley, keeping technology updated is key to making a bank more customers centric and banks do not have the luxury to wait to renovate their core banking systems.