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Category: Channels


Channels

Top tier banks pass first transactions on trade finance blockchain

April 19, 2018

Via: Finextra

Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients. Jointly developed by Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, IBM and UBS, the […]


Channels, Products, Retail banking

Opening for Online Alternative as Bank Deposit Rates Stay Near Zero

April 13, 2018

Via: The New York Times

Savers should finally be getting a break. After a decade of being near zero, short-term interest rates have risen sharply in recent months. Typically, these rates — three-month T-bills, Libor, commercial paper — move together because they reflect the same […]


Channels, Products, Retail banking

U.S. Bank Mobile Payment Expands to Mastercard Business Travel Cards

April 11, 2018

Via: Yahoo

The U.S. Bank Corporate Travel Card is expanding its mobile capabilities to Mastercard corporate card transactions. Clients whose business travel cards run on the Mastercard network can now pay for purchases via mobile devices. With this expansion, U.S. Bank now […]


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 […]


Channels

Blockchain Remains King as Banks Lose Interest in ICOs, Crypto

March 7, 2018

Via: Bank Innovation

EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject […]


Channels, Products, Retail banking

For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says

February 9, 2018

Via: Bank Innovation

EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to be successful, banks should avoid getting bogged down in one specific technology trend, BNY Mellon told Bank Innovation. Michael Bellacosa, […]


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 […]


Channels

Could Bitcoin Futures Add Legitimacy to Initial Coin Offerings?

December 13, 2017

Via: TheStreet

The first bitcoin futures have added some legitimacy to the cryptocurrency and now industry watchers are eyeing whether it will have a similar effect on one of this year’s hottest fundraising mechanisms. Initial coin offerings have picked up some serious […]


Channels

Why Warren Buffett Should Sell His Wells Fargo Stake

November 15, 2017

Via: TheStreet

Colin Kaepernick felt so strongly about his message of social and racial equality that he not only took a knee during the U.S. national anthem to spread the word, but also very likely ended his career in professional football at […]


Capital and risk, Channels, Credit

Golub Capital Provides Facility to Support CenterOak Partners Buy

November 9, 2017

Via: BF Journal

Golub Capital served as administrative agent, sole bookrunner and sole lead arranger for a senior credit facility to support the acquisition of FullSpeed Automotive by CenterOak Partners. FullSpeed Automotive, formerly Grease Monkey International, is one of an independent franchisor of […]