Category: Operational

May 8, 2019

With Bora’s Payer Direct Hub (PDH) on board, JP Morgan’s clients will be able to encourage suppliers to adopt virtual card payments. The platform aims to streamline the accounts receivable process, cut costs and improve cash flow with straight-through transaction […]

April 18, 2019

StockTwits — a social-media platform founded in 2008 as a venue for day traders to exchange ideas and musings — is launching a free online brokerage unit, aimed at appealing to its current roster of approximately two million members, as […]

April 8, 2019

The company also continues to expand its retail banking and small business services in new and existing markets. Financial center modernization – Bank of America has modernized more than 1,000 financial centers over the last three years, and today announced […]

April 3, 2019

In order to remain part of Open Banking these EEA participants will need to ensure that they have made a Temporary Permissions Regime (TPR) notification to the Financial Conduct Authority (FCA) by 11 April 2019. In the event of a […]

March 18, 2019

Responding to calls for more bank services for low-income consumers, JPMorgan Chase on Monday began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 a month and no minimum balance. The accounts come with debit […]

February 22, 2019

The transaction had a volume of €100,000 and a term of three days. Continental was the issuer of the money market security, a euro-denominated electronic commercial paper, according to legal requirements stipulated in the Luxembourg law. The bank provided R3’s […]

January 8, 2019

Japan’s Seven Bank will equip its ATMs with face recognition capabilities to let users open bank accounts on the spot. According to Japan Today and sources close to the matter, the tech could be coming in the autumn. Although the […]

November 29, 2018

One hundred seventy officers searched the headquarters of Deutsche Bank in Frankfurt and five other sites in the area early Thursday as part of a money-laundering investigation involving hundreds of millions of euros, prosecutors in Frankfurt said. Two employees, who […]

November 9, 2018

According to CNN, the Chinese central bank has given Amex preliminary approval to handle payments in yuan today (9 November). The firm can now start setting up the payments network through a joint venture with LianLian Group, its Chinese partner. […]

October 17, 2018

Refinitiv, formerly the Financial and Risk business of Thomson Reuters, announced today that its Elektron real-time data delivery using Amazon Web Services (AWS) is being expanded to meet high demand from clients across the globe. To ensure continued excellence and […]