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Category: Products


Activity, Business banking, Products, Trading

Bank earnings are expected to shine, but their stocks may not

July 11, 2018

Via: Market Watch

The second-quarter earnings season will kick off in earnest on Friday, when three of the nation’s biggest banks report, and analysts are expecting somewhat of a repeat of the first quarter, when the sector chalked up record gains. Against the […]


Business banking, Products

Use these online watchdogs before giving a financial adviser your money

July 9, 2018

Via: Market Watch

Most financial advisers act with honesty and integrity. While their investment philosophies may vary, the vast majority of them will be responsible stewards of your financial assets. Still, it’s your job to vet an adviser before signing on. Fortunately, the […]


Business banking, Products

Square no longer angling for US bank charter

July 6, 2018

Via: Banking Technology

Square has withdrawn its application to open a new depository bank in the US, but says it plans to apply later to the Federal Deposit Insurance Corp (FDIC). As reported in September 2017, Square was applying for an industrial loan […]


Business banking, Products, Retail banking

National Bank of Canada invests in local data sharing startup Flinks

July 5, 2018

Via: Finextra

Montreal-based Flinks currently connects just shy of 200 fintechs and banks in Canada, US and Europe to over 250,000,000 financial accounts. The firm counts Transferwise, WealthSimple and ATB Financial among its clients and claims a three percent uptake by Canadian […]


Business banking, Products

Morgan Stanley upgrades Wells Fargo due to the bank’s ‘positive stress test results’

July 3, 2018

Via: CNBC

Morgan Stanley says the passage of Wells Fargo’s capital return plan by the Federal Reserve is a significant positive event for the company. On Thursday, the Fed approved Wells Fargo’splan in the second part of its annual bank stress tests. […]


Channels, Products, Retail banking

Do more people want online-only banks? Chase thinks so

June 28, 2018

Via: Market Watch

No bank branch? Chase says that’s no problem. Chase JPM, +0.08% on Thursday announced it is expanding its online-only bank called Finn. Finn debuted in St. Louis in October and will now be rolled out nationwide. The online bank will […]


Products, Retail banking

This bank is staffing branches with humanoid robots that dance, take selfies and push credit cards

June 26, 2018

Via: CNBC

Ground zero for the robot takeover of financial services is an HSBC branch in midtown Manhattan. Here, crowds of camera phone-toting tourists cooed and clapped at Pepper, an adorable 4-foot-tall robot with a high-pitched voice and a tablet screen strapped […]


Capital and risk, Operational, Products, Retail banking

Merchants, retail banks and billing orgs favour real-time payments and open banking

June 20, 2018

Via: Finextra

Comprised of responses from executives across the merchant, digital goods, hospitality, telecom and travel sectors, the benchmark also revealed that 51 percent of all merchants, billing organizations and retail banks will increase their IT budgets for payments-related projects in 2018. […]


Products, Retail banking

U.S. Bancorp Investments Launches Automated Investor

June 20, 2018

Via: Yahoo

Responding to customers’ desire for smart, easy-to-use and safe digital investment tools and strategies, U.S. Bancorp Investments announced today the launch of its new Automated Investor offering. “We are committed to serving customers where they are today and will be […]


Business banking, Products

Wells Fargo under fire from USAA over remote deposit capture patent

June 11, 2018

Via: Banking Technology

The United Services Automobile Association (USAA) is suing on grounds of intellectual property charges for unspecified damages, over USAA’s remote deposit capture patents. San Antonio-based USAA claims to have invented such tech, and thus started demanding licensing fees from banks […]