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Tag: payments


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 ÂŁ159, 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 […]


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Millennials and mobile banking – the perfect match?

August 8, 2017

Via: Finextra

For quite some time now, millennials have been the primary target market for a vast majority of industries. Everything they do – every website they visit, purchase they make, and even their location throughout the day – is analysed by […]


Activity, Investment banking

Where top European banks are investing in fintech – CB Insights

June 19, 2017

Via: Banking Technology

European banks are placing strategic bets in areas ranging from wealth management, lending, payments, regulatory technology, software, and blockchain, according to CB Insights. The research company analysed the private market fintech investment activity of the top European banks (including the investments […]


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Mastercard launches digital payment B2B hub for SMEs

June 8, 2017

Via: Banking Technology

Mastercard has unveiled its B2B Hub to help SMEs speed up invoice and payment processes with accounts payable and payment automation tools. According to the firm, a majority of all B2B payments in the US are still made via cheque […]