Top

Category: Operational


Capital and risk, Operational

International Wire Transfer: How to Wire Money Internationally

November 17, 2017

Via: GOBankingRates

When you want to send money internationally, there are quite a few methods available, including: Traditional banks Wire transfer services Remittance services Online money transfer companies You can send money to friends, family or business partners overseas by going online, […]


Capital and risk, Operational

U.S. Banks Officially Launch Their Real-Time Payment System

November 14, 2017

Via: Bank Innovation

The real-time payments system created by The Clearing House, owned by U.S. banks, is officially up and running as of yesterday, according to the banks. BNY Mellon and US Bank carried out the first transaction of the RTP (short for […]


Capital and risk, Operational

Personal Banking Assistant Finn.ai Coming Soon to Central America

November 1, 2017

Via: Bank Innovation

EXCLUSIVE – Personal banking platform, Finn.ai, will launch in Central America by the first quarter for next year, Bank Innovation has learned. “Although we cannot disclose the specific country where the product launch will happen, I can say that it […]


Capital and risk, Operational

BankMobile to Seek Fintech Partnerships After ‘Merge’ with Flagship Bank

October 30, 2017

Via: Bank Innovation

EXCLUSIVE—Mobile-first U.S. bank BankMobile will look to add new features to its platform through partnerships with fintechs after its merge with Flagship Bank is finished, the company told Bank Innovation. “We want to be able to partner with the best […]


Capital and risk, Operational, Products, Retail banking

Citi extends ‘Quick Look’ feature to debit cards

October 20, 2017

Via: Finextra

Citibank has made it more convenient to protect your bank account by extending the popular Citi Quick Lock feature to debit cards, making it possible for both banking customers and credit cardmembers to quickly and easily lock their cards online […]


Capital and risk, Operational

JPMorgan buys fintech start-up WePay

October 18, 2017

Via: CNBC

JPMorgan has agreed to buy payments start-up WePay, in its first major acquisition of a financial technology (fintech) firm. The investment bank said Tuesday it would provide its 4 million small businesses clients with WePay’s payments technology. “With WePay, Chase […]


Capital and risk, Operational, Products, Retail banking

Coinbase promises real-time settlement on virtual currency purschases from US bank accounts

October 13, 2017

Via: Finextra

We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account. Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency. Customers can now […]


Capital and risk, Operational, Products, Retail banking

Wells Fargo launches mobile “tap and pay” functionality at 5,000 ATMs

October 11, 2017

Via: Banking Technology

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”. The bank says it aims to upgrade […]


Capital and risk, Operational

Nacha’s American API payments dream pushes on

October 6, 2017

Via: Banking Technology

Nacha, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for their big payments push. The API Standardization Industry Group, created in spring 2017 […]


Capital and risk, Operational

New UK Payment System Operator formed

September 13, 2017

Via: Finextra

The Payment Systems Regulator (PSR) and Bank of England (BoE) have today announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate that the regulators tasked it with. Following the appointment […]