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Category: Operational


Capital and risk, Operational

Acquire or Be Acquired Perspectives: One True Thing About Banking and Finance

April 20, 2018

Via: Bank Director

If you have seen as many cycles in the bank industry as Eugene Ludwig, founder and CEO of Promontory Financial Group and a former comptroller of the currency, you know the time to be most vigilant is not when things […]


Capital and risk, Channels, Operational

Affirm Integrates Its Virtual Card with Apple Pay

March 21, 2018

Via: Bank Innovation

Startup Affirm is embedding its technology into the Apple ecosystem, allowing customers to load the company’s virtual card into Apple Pay, the startup announced today. The integration will also allow customers to use “Affirm InStore” to finance purchases at physical […]


Capital and risk, Operational, Products, Retail banking

Are Consumers Ditching their Banking App for Fintech Apps?

March 1, 2018

Via: Bank Innovation

Scrapegators, what’s that? According to Malauzai Software, that’s the term used for vendors that “scrape” digital banking apps on the internet to gather data and then provide that data to fintechs. In other words, they are aggregators. Think Mint, Yodlee […]


Capital and risk, Operational

Wells Fargo Has No Plans to Ban Cryptocurrency Purchases on Its Cards

February 23, 2018

Via: Bank Innovation

EXCLUSIVE – Wells Fargo will not be joining some of the other big banks in banning its customers from purchasing cryptocurrency with their credit/debit cards, Bank Innovation has learned. Wells Fargo, senior VP of senior vice president, design and delivery […]


Capital and risk, Operational, Products, Retail banking

Radius Bank Partners With Fintech Mantl for Account Opening Platform

February 9, 2018

Via: Bank Innovation

Boston-based Radius Bank, along with its NYC-based partner Mantl, has opened a digital account opening platform, the bank announced. This platform allows users to reduce the time it takes to open a new bank account to under four minutes, the […]


Capital and risk, Operational, Uncategorized

US charges two over ATM jackpotting scheme

February 6, 2018

Via: Finextra

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash. Last week it emerged that the US Secret Service has been warning banks and ATM manufacturers that […]


Capital and risk, Channels, Operational

Robotic Process Automation: Taking the Robot out of the Human

February 5, 2018

Via: Finextra

As Business Process Management (BPM) continues to develop, one of the most exciting and high profile aspects of it is that of Robotic Process Automation (RPA). RPA is transforming organisations across all industries, leading experts to believe that it is […]


Capital and risk, Operational, Products, Retail banking

Conversational Banking May Already Be Mainstream, Mastercard Says

January 25, 2018

Via: Bank Innovation

EXCLUSIVE—Two out of three U.S. adults are already comfortable interacting with retailers, banks, and other companies using natural language technology, according to a study released by Mastercard today. The study, conducted by Mastercard and Mercator with 3,000 U.S. adult participants, […]


Capital and risk, Operational

Bank of America Merrill Lynch Announces New Virtual Payables Feature

January 23, 2018

Via: Bank Innovation

EXCLUSIVE – Bank of America Merrill Lynch has added a new feature to its Virtual Payables product, an offering which allows its commercial clients to automate post-invoice payments. The new feature (or Enhanced Virtual Payables Solution) was announced yesterday, although […]


Capital and risk, Operational

Upgrade your banking software like TESLA

January 15, 2018

Via: Finextra

There’s a lot about TESLA’s way of doing business I admire; especially when I think about what it could bring to the world of financial technology. I don’t mean a banking system powered by lithium-ion batteries or setting up branches […]