All articles by Stephen Little
Stephen Little
New Zealands banks score digital hit
New Zealand banks have had great success in growing their digital channels. Stephen Little spoke to four of the largest banks in New Zealand to find out more about their digital banking strategy and the impact the shift to mobile and online is having on their branch networks
More consumers using M-banking: Fiserv US
US consumers are increasingly turning to mobile channels and using a multiple number of ways to pay monthly bills, a survey commissioned by US-headquartered technology solutions provider Fiserv has found.
Qatar Islamic Bank to launch new m-banking app
Qatar Islamic Bank (QIB), Qatar’s third-largest bank by assets, has launched a new mobile banking app.
FIS snaps up mFoundry
FIS, the US-headquartered banking and payments technology vendor, has agreed to pay $120m in cash to acquire the remaining 78% it did not already own of mobile banking and payments solutions provider mFoundry.
Allianz set to axe up to 450 jobs
Allianz, Europe’s biggest insurer by market capitalisation, is set to close its German retail banking arm by June 30, 2013, due to its failure to meet growth expectations.
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Citibank India launches new mobile payment solution
Citibank India (Citi) has launched a new mobile payment solution that it claims will give customers the opportunity to make payments through their debit and credit cards using a small device.
M-banking usage soars
South Africa’s fourth-largest banking group by assets, Nedbank, said its smartphone banking app, the Nedbank App Suite, has been downloaded 115,000 times since its launch in July 2012.
Commerzbank set to axe up to 6,000 jobs
Commerzbank, Germany’s second-largest bank by assets, is set to cut up to 6,000 jobs over the next four years as part of a restructuring overhaul.
Citibank launches next-generation banking channel
Citibank(Citi) has introduced a next-generation banking channel in Asia – Citibank Express, which aims to allow customers to carry out their banking without visiting their branch, including opening accounts and applying for loans, cards and cashier’s cheques.
Bank spending to slow on social media – Pitney Bowes
Retail banks are set to become more cautious in their approach to spending on social media marketing in 2013, a survey commissioned by the Connecticut-based software and hardware manufacturer Pitney Bowes has found.