Tag: economy

Activity, Channels, Investment banking

FactSet wins contract with National Bank Investments

September 12, 2017

Via: Finextra

FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that National Bank Investments Inc. (NBI) selected FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence […]

Products, Retail banking

Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

Via: GOBankingRates

Whether you’re looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal — and […]

Channels, Products, Retail banking

Bank of America’s New Mobile App Unveils Cardless ATM Withdrawals and PFM Tool

September 7, 2017

Via: Bank Innovation

EXCLUSIVE – Bank of America’s mobile app got a makeover today with a set of new features including a cardless ATM option. On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience […]

Activity, Corporate banking

A key Fed official just admitted the central bank got inflation wrong and so it may delay a hike

September 6, 2017


Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu  Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu […]

Products, Retail banking

Bridge Bank Expands InstaMed Credit Facility

September 5, 2017

Via: ABF Journal

InstaMed, a healthcare payments network, expanded its credit facility through a new banking relationship with Bridge Bank. The new partnership will support the accelerated growth of the InstaMed Network of providers, payers and consumers. “The InstaMed Network is connecting providers, […]

Products, Retail banking

Amex Creates New Tools to Entice Debt-Wary Consumers

September 1, 2017

Via: Bank Innovation

American Express has tailored new features aimed at luring more budget-conscious consumers into taking on credit card debt. The features, announced yesterday, include an option that allows users to separate bigger financial transactions from smaller, everyday purchases — separating the […]

Capital and risk, Credit

Best OneMain Financial Personal Loans

August 31, 2017

Via: GOBankingRates

Personal loans can be a good choice for consumers who need cash to cover a major expense or pay off higher-interest debt, but getting approved for bank loans can be difficult for individuals with credit issues. For these credit-challenged consumers, […]

Activity, Investment banking

Accenture acquires fintech consulting firm Verax

August 25, 2017

Via: Banking Technology

Accenture has acquired Verax Solutions, a Toronto-based technology and systems-integration consulting firm. Financial terms were not disclosed. Verax is a privately-owned company founded in 2003 that employs around 180 people at offices in Toronto and Halifax. Its service areas include […]

Activity, Investment banking, Products, Retail banking

InComm to buy Serve platform, become exclusive Amex prepaid distributor

August 25, 2017

Via: Banking Technology

American Express and InComm have entered into an agreement for InComm to acquire the exclusive distribution rights of Amex’s prepaid reloadable and gift card products in the US, including Bluebird and Serve, reports Banking Technology‘s sister publication Paybefore. InComm also […]

Capital and risk, Credit, Products, Retail banking

How ‘Hard Mark’ Credit Checks are Quietly Costing Consumers

August 24, 2017

Via: Finextra

It is not unreasonable for consumers to assume that they should be able to assess their eligibility for a loan without damaging their future prospects. The majority of lenders perform hard credit checks on customers when applying for a loan, […]