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Category: Operational


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 […]


Capital and risk, Operational

Banks face variety of risks outside of their control, regulator says

July 7, 2017

Via: CNBC

Many of the major risks U.S. banks face lay beyond their control, according to a review released by banking’s top federal regulator on Friday that found the sector’s financial performance remains strong. The U.S. Office of the Comptroller of the […]


Capital and risk, Operational

Lessons From the Collapse of Banco Popular

June 23, 2017

Via: The New York Times

Banco Popular, Spain’s fifth-largest bank, with over $100 billion in loans, collapsed earlier this month, forcing it into the arms of its rival, Banco Santander. The latter, Spain’s largest bank, bought the failing institution for the nominal sum of one […]


Capital and risk, Operational

Swift calling time on cybercrime with new payment controls

April 12, 2017

Via: Banking Technology

Swift has unveiled a new real-time payment controls service to add to its customers’ existing fraud controls. The new fraud and cybercrime prevention service will enable its customers to screen their payment messages according to their own chosen parameters, “enabling […]


Capital and risk, Operational

New Digital Evidence Emerges of N. Korea Connection to Bangladesh Bank Heist

April 4, 2017

Via: Insurance Journal

Cyber security firm Kaspersky Lab on Monday said it had obtained digital evidence that bolsters suspicions by some researchers that North Korea was involved in last year’s $81 million cyber heist of the Bangladesh central bank’s account at the Federal Reserve Bank of […]