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Tag: payments


Activity, Investment banking

Citi and PNC invest in B2B payments outfit HighRadius

February 15, 2018

Via: Finextra

Citi Ventures and PNC have made strategic investments in business-to-business payments and receivables software provider HighRadius. Terms were not disclosed. HighRadius operates in an area where banks and enterprises recognise that receivables management has to address the 50% of B2B […]


Capital and risk, Operational

Upgrade your banking software like TESLA

January 15, 2018

Via: Finextra

There’s a lot about TESLA’s way of doing business I admire; especially when I think about what it could bring to the world of financial technology. I don’t mean a banking system powered by lithium-ion batteries or setting up branches […]


Capital and risk, Operational

Three Fintech Startups to Watch Next Month

December 26, 2017

Via: Bank Innovation

EXCLUSIVE— Fintech is continuing to grow, as more startups across payments, insurance, blockchain, and other areas carve out niches for themselves in the financial ecosystem. And with more funding and more innovations come more players. Here are three that Bank […]


Capital and risk, Operational

Nacha’s American API payments dream pushes on

October 6, 2017

Via: Banking Technology

Nacha, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for their big payments push. The API Standardization Industry Group, created in spring 2017 […]


Products, Retail banking

Timex and Barclaycard collaborate to create contactless payment watch

September 29, 2017

Via: Banking Technology

Timex and Barclaycard have partnered in true style to produce a new range of contactless payment watches. The Fairfield Contactless promises to be a perfect fusion of style and smart functionality. Coming in at a retail price of £159, it’s […]


Business banking, Products

WhatsApp mulls business revenue stream

September 6, 2017

Via: Banking Technology

Facebook-owned IM service WhatsApp reckons it might finally be able to make some money by charging businesses for clever access to their punters, reports Telecoms.com (Banking Technology’s sister publication). Apparently quite a lot of people already use WhatsApp around the […]


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 […]


Products, Retail banking

Amex offers credit card users new ways to pay

August 31, 2017

Via: Banking Exchange

In a bid to add appeal for millennials, American Express has introduced two new options for paying with selected credit card accounts. With “Pay it” users can pay at point of sale with their mobile app and decide to have […]


Channels

Bank of America Brings AI to Account Receivables

August 23, 2017

Via: Bank Innovation

Artificial intelligence is making its way into the messy world of account receivables for those corporates processing large volumes of payments, thanks to Bank of America Merrill Lynch and fintech startup, High Radius. The “Intelligent Receivables” solution is designed to […]


Channels

Swift teams with TCH to drive instant payments in US

August 16, 2017

Via: Banking Technology

The global financial messaging provider says it will provide US institutions with a gateway to The Clearing House’s (TCH) real-time payments (RTP) platform. And as instant payments become more ubiquitous in the US, Swift says it will provide an interface to manage […]