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Category: Operational


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 […]


Capital and risk, Operational, Products, Retail banking

Chase Bank chasing mobile market with ATM move

August 3, 2018

Via: Banking Technology

Chase Bank ATMs now allow customers to withdraw cash using their phones’ mobile wallet and NFC capabilities. The bank’s ATM network has around 16,000 terminals throughout the US, but customers can also use ATM vestibules from outside the bank. This […]


Capital and risk, Operational

Effective Cybersecurity Demands Involvement From Everyone at Your Bank

July 10, 2018

Via: Bank Director

Cybersecurity is one of the most discussed risks facing financial services companies today, but many organizations are taking too narrow an approach to combating cybercrime. These organizations make the mistake of placing responsibility for defending against the risks solely on […]


Capital and risk, Operational, Products, Retail banking

Merchants, retail banks and billing orgs favour real-time payments and open banking

June 20, 2018

Via: Finextra

Comprised of responses from executives across the merchant, digital goods, hospitality, telecom and travel sectors, the benchmark also revealed that 51 percent of all merchants, billing organizations and retail banks will increase their IT budgets for payments-related projects in 2018. […]


Capital and risk, Operational

Realign Your Bank’s Operating Model Before It’s Too Late

June 19, 2018

Via: Bank Director

The banking industry and its underlying operating model is facing pressure from multiple angles. The advent of new technologies including blockchain and artificial intelligence have started and will continue to impact the business models of banks. Meanwhile, new market entrants […]


Capital and risk, Operational

Citigroup could shed as much as half of its 20,000 tech and operations staff due to automation

June 12, 2018

Via: CNBC

Citigroup’s investment banking business could shed as much as half of its 20,000 technology and operations staff in the next five years due to automation, the Financial Times reported on Monday. Operational positions were the “most fertile for machine processing,” […]


Capital and risk, Operational, Products, Retail banking

Santander adds ATMs to US network

June 6, 2018

Via: Finextra

Through an extended relationship with Cardtronics, the world’s largest ATM owner/operator, Santander-branded ATMs are now in most Market Basket grocery store locations in Massachusetts and additional CVS Pharmacy stores in the Northeast. This marks the first time Santander ATMs have […]


Capital and risk, Operational, Regulations

Fed calls Deutsche Bank’s U.S. operations troubled

May 31, 2018

Via: Market Watch

The Federal Reserve has designated Deutsche Bank DB, -5.53% AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The Fed’s […]


Capital and risk, Operational

Cybersecurity & Regtech: Defending The Bank

May 15, 2018

Via: Bank Director

How can financial institutions proactively combat the risks facing the industry today? The 2018 Risk Survey—presented by Bank Director and Moss Adams LLP—compiled the insights of directors, chief executive officers and senior executives of U.S. banks with more than $250 […]