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Category: Operational


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 […]


Capital and risk, Operational

Three Fintech Startups to Watch Next Month

December 26, 2017

Via: Bank Innovation

EXCLUSIVE— Fintech is continuing to grow, as more startups across payments, insurance, blockchain, and other areas carve out niches for themselves in the financial ecosystem. And with more funding and more innovations come more players. Here are three that Bank […]


Capital and risk, Operational, Products, Retail banking

2018 is The Year Mastercard Will Make Biometrics ‘Impactful’

December 21, 2017

Via: Bank Innovation

EXCLUSIVE—Biometrics have been a fintech buzzword for a while now, but 2018 is where companies like Mastercard are going to start the real work. That means focusing on the smaller details and the platforms that will actively bring the technology […]


Capital and risk, Operational

Digital Banking Startup Loot Raises $2.9M Series A

December 15, 2017

Via: Bank Innovation

Another digital banking startup has raised funding this week, this time to expand a current account offering aimed at students and millennials. Loot, a startup begun in 2014 by founder Ollie Purdue — who was finishing up school at the […]


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, […]