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Category: Operational


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 […]


Capital and risk, Operational

MoneyGram expands MobilePass to 35,000+ locations

September 8, 2017

Via: Banking Technology

The second largest remittance provider in the US, MoneyGram, is expanding its MobilePass service to its entire US network of 35,000+ agent locations, reports Paybefore (Banking Technology’s sister publication). Initially launched as a pilot programme inside 3,000 US agent locations […]


Capital and risk, Operational

Mountain America CU chooses digital banking platform from Alkami

August 23, 2017

Via: Banking Technology

Utah-based Mountain America Credit Union (MACU), with $6.7 billion in assets, will deploy a new digital banking platform courtesy of Alkami Technology, reports Finovate (Banking Technology‘s sister company). The new platform will integrate with Mountain America CU’s existing core system […]


Capital and risk, Operational

4 strategies to innovate without betting bank

August 14, 2017

Via: Banking Exchange

Most banks recognize that innovation, particularly technological advances and the new business strategies they enable, is critical to their ongoing success. The challenge is how to build a risk-tolerant culture that encourages and even enables innovation without compromising the necessary […]


Capital and risk, Operational

Banks need to differentiate through data

July 27, 2017

Via: Finextra

Gerald Grattoni, Head of EMEA Financial Services Solutions, Intel, and Andy Hirst, VP, Banking Solutions, SAP, talk at the SAP Financial Services Forum about the drivers for banks and insurers to exploit data and analytics, how cheap storage and real-time […]


Capital and risk, Operational

As global cash machine transactions rise, this ATM maker is investing in security to protect against crime

July 26, 2017

Via: CNBC

Banking technology firm Cennox has announced a deal to buy the European division of 3SI Security Systems, with a view to expanding its hardware, software and security provision. It follows an international upward trend in consumers making transactions using automated […]


Capital and risk, Operational

Are APIs the new goldmine for banks?

July 12, 2017

Via: Finextra

The future of banking is being completely altered by the Payment Services Directive 2 (PSD2) which comes into play in January 2018. PSD2 opens the floodgates to financial services innovation. Instead of making banking more complex, PSD2 is forcing banks […]