Category: Channels

May 27, 2020

Digital banking isn’t new, but with the coronavirus pandemic, young and old Americans suddenly flocked to online and mobile banking en masse. The sudden uptick in online and mobile traffic even created outages. Among those affected: online platforms for U.S. […]

May 12, 2020

Today, Mastercard is making that vision a reality by announcing the commercial launch of Mastercard TrackTM Business Payment Service. It offers greater control over payments and richer data exchanges that enable automated reconciliation for Suppliers and application of all payment […]

April 24, 2020

Money transfer apps, which allow you to quickly pay friends and family through your smartphone, have grown in popularity in recent years. And the coronavirus pandemic has only expanded their use — to pay gig workers, make donations or simply […]

April 22, 2020

The projected fall, which would be the sharpest decline in recent history, is largely due to a fall in the wages and employment of migrant workers, who tend to be more vulnerable to loss of employment and wages during an […]

April 15, 2020

The four in question are: Minnesota-based North Shore Federal Credit Union, Great River Credit Union, New England-based Liberty First Credit Union, and Oklahoma-based OU Federal Credit Union. The four firms combined manage more than $724 million in assets and have […]

April 1, 2020

The firm, which counts Nationwide among its investors, has launched its Neighbour2Neighbour system, which will allow users to receive payments via a request system connected to their bank account. Ordo has released the new platform free of charge for users […]

March 9, 2020

Under the deal, Deutsche Bank’s wealth management business will provide family offices and asset manager users of its Deutsche Private Port digital investment office with access to Qplix’s platform. Starting in Germany, the Qplix software will serve as the basis […]

January 24, 2020

Following up on a survey from last year, BIS quizzed 66 central banks, covering 75% of the world’s population and 90% of its economic output, about their intentions regarding CBDCs. Some 80% of respondents (up from 70% a year ago) […]

January 16, 2020

In what is being billed as a push to reduce risk in the financial sector and encourage new entrants into the marketplace, the new rules could allow existing foreign companies in China – Like HSBC and Standard Chartered – to […]

December 5, 2019

Phemex aims to execute trades in less than a millisecond for both its retail and institutional investors. Billing itself as “the most trustworthy cryptocurrency derivatives trading platform”, Phemex offers Bitcoin, Ethereum, Ripple, Litecoin, and EOS. It plans to support traditional […]