Category: Business banking

Business banking, Products

Chase Pay and Samsung Pay partner for retail action

July 30, 2018

Via: Banking Technology

Via the deal, Chase Pay customers are now able to link their accounts to Samsung Pay on Galaxy phones. This opens up Samsung Pay’s magnetic secure transmission (MST) technology, along with NFC, to pay with Chase Pay across US-based partner […]

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Square has withdrawn its application to open a new depository bank in the US, but says it plans to apply later to the Federal Deposit Insurance Corp (FDIC).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


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. […]

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 […]

Business banking, Products

BNY Mellon and Deutsche Bank launch co-developed chatbot for traders

June 4, 2018

Via: Banking Technology

The jointly developed chatbot-to-chatbot communication solution replaces manual responses to status updates on customers’ securities trades on the messaging platform Symphony. For references, processes that used to previously take up to three minutes for a single trade will now be […]

Business banking, Products

Five Benefits to Automating the Credit Process

May 29, 2018

Via: Bank Director

Automation is a common buzzword these days in the financial services industry. What does it really mean for your business, and how far can you take automation through your credit origination process? We have compiled the top five benefits of […]

Business banking, Products

PayPal and Google Pay deepen payments relationship

May 25, 2018

Via: Banking Technology

Bill Ready, COO and EVP, PayPal, says it already partners with Google for its shared users to pay via PayPal in-store, online and in-app with Google Pay and on Chrome mobile web. They are now extending that partnership to offer […]