December 5, 2019
Via: Banking TechnologyPhemex 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 […]
December 2, 2019
Via: FinextraIn the past year, we’ve seen technology play a huge part in shaping the banking industry landscape, from emerging fintechs to new solutions facilitated by Open Banking to the latest AI tools. With such progression happening throughout the sector, we […]
November 25, 2019
Via: FinextraGeneration Z (or Gen Z), the demographic cohort following the Millennials, presents a new breed of customers for financial institutions. Born after 1995, Gen Z is the first generation to be born and raised with YouTube, Instagram and Netflix. Unlike […]
November 15, 2019
Via: FinextraThis shift is occurring because consumers need instant and on-demand access to everything. As incumbent banks have inconsistently delivered in the first instance, fintech firms have entered the market with an intent to disrupt. According to Deloitte, fintech companies now […]
Channels, Products, Retail Banking
October 29, 2019
Via: Banking TechnologyThe facelift means customers can submit applications for a credit cards, auto loans and home loans through the app, as well as giving them access to credit card debt reduction insights, which will be available from next year, and them […]
October 21, 2019
Via: FinextraToday, the bank is introducing a series of new capabilities that increase efficiency, transparency and mobility for business customers. These updates are making business easier for the bank’s clients: Digitized KYC (Know-Your-Customer) Refresh. One of the biggest pain points for […]
Channels, Products, Retail Banking
October 18, 2019
Via: FinextraDeciding between card, wire, automated clearinghouse (ACH) or supply chain finance depends on the nature of each individual supplier and is a complex, time-consuming task. To address that client need, Bank of America Merrill Lynch has introduced Accounts Payable Optimization. […]
October 11, 2019
Via: FinextraUnlike traditional capital markets, crypto trades 24/7. Opportunities to buy and sell present themselves at all hours of the day. This means it’s critical for traders to have access to the tools and information they need to capitalize on these […]
October 1, 2019
Via: Banking TechnologyThe Cyber Security Advisory Panel (CSAP) convened in late September, in a discussion chaired by MAS managing director Ravi Menon. It found that risk culture was often a contributing factor during cyber incidents. According to MAS, CSAP members highlighted that […]
September 18, 2019
Via: FinextraAll of the 2019 Greenwich Leaders in U.S. Fixed Income have continued investing in their electronic offerings with the features and capabilities required to meet those changing needs and attract institutional trading volumes. In Overall U.S. Fixed–Income Market Share, Citi […]