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Activity, Capital and risk, Macroeconomic, Trading

We must stop this out-of-control trading or the US capitalist system will break down

February 12, 2018

Via: CNBC

Real harm is being done by out-of control trading. Market volatility is an outrage for Americans who have trillions of their dollars in 401(k) and other retirement and savings plans. Market volatility is an outrage for companies that hope someday […]


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, Operational, Products, Retail banking

Radius Bank Partners With Fintech Mantl for Account Opening Platform

February 9, 2018

Via: Bank Innovation

Boston-based Radius Bank, along with its NYC-based partner Mantl, has opened a digital account opening platform, the bank announced. This platform allows users to reduce the time it takes to open a new bank account to under four minutes, the […]


Business banking, Products

TSYS Inks Partnership with JPMorgan to Supply B2B Virtual Card

February 8, 2018

Via: Bank Innovation

Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate customers. Corporate customers can use the B2B payables card is for both accounts payable and accounts receivable to reconcile transactions. […]


Business banking, Products

Goldman Sachs in Talks with Apple to Help Finance Sales for iPhone X

February 7, 2018

Via: Bank Innovation

Wall Street bank Goldman Sachs could potentially finance users who wish to purchase an iPhone X, according to the Wall Street Journal, which reported that the firm is in talks with Apple to offer such financing this morning. Potential iPhone […]


Activity, Regulations, Trading

SEC and CFTC Have Optimistic Outlook on Cryptocurrency and ICOs [VIDEO]

February 7, 2018

Via: Bank Innovation

EXCLUSIVE -The chairs of Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), John Clayton and J. Christopher Giancarlo respectively testified before the Senate Banking Committee yesterday on their regulatory ideas and concerns on cryptocurrency. Surprisingly, the sentiment […]


Capital and risk, Operational, Uncategorized

US charges two over ATM jackpotting scheme

February 6, 2018

Via: Finextra

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash. Last week it emerged that the US Secret Service has been warning banks and ATM manufacturers that […]


Activity, Corporate banking

US asset managers shake up equity research as banks shrink their budgets

February 5, 2018

Via: CNBC

As new rules spur Wall Street banks to further shrink their research budgets, U.S. asset management firms are shoring up in-house research, and reinventing the stockpicking business in the process. Fund managers are eschewing the traditional model of teams built […]


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 […]


Capital and risk, Credit

Get a Credit Freeze NOW Before it’s Too Late!

February 2, 2018

Via: Finextra

What is a credit freeze? It’s an action you take to lock down your credit report. A lender can’t see your score, which means your Social Security number and credit rating is useless to them. In other words, they can’t […]