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Category: Operational


Capital and Risk, Operational

JP Morgan picks Bora to automate SUA B2B payments

May 8, 2019

Via: Banking Technology

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 […]


Capital and Risk, Operational

StockTwits to launch commission-free stock trading platform to rival Robinhood, others

April 18, 2019

Via: Market Watch

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 […]


Capital and Risk, Operational

Bank of America to expand branch and ATM networks

April 8, 2019

Via: Finextra

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 […]


Capital and Risk, Operational

Open Banking body urges UK firms to prepare for no-deal Brexit

April 3, 2019

Via: Finextra

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 […]


Capital and Risk, Operational

JPMorgan rolls out low-fee, checkless, no-overdraft accounts

March 18, 2019

Via: CNBC

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 […]


Capital and Risk, Operational

Commerzbank completes securities transaction test on blockchain

February 22, 2019

Via: Banking Technology

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 […]


Capital and Risk, Operational

Seven Bank ATMs go biometric for account opening

January 8, 2019

Via: Banking Technology

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 […]


Capital and Risk, Operational

Deutsche Bank Offices Are Searched in Money Laundering Investigation

November 29, 2018

Via: The New York Times

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 […]


Capital and Risk, Operational

American Express breaks into China’s payments market

November 9, 2018

Via: Banking Technology

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. […]


Capital and Risk, Channels, Operational

Refinitiv expands cloud delivery of financial data via AWS

October 17, 2018

Via: Finextra headlines

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 […]