Top

Category: Channels


Channels

Coronavirus crisis mobile banking surge is a shift that’s likely to stick

May 27, 2020

Via: CNBC

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. […]


Business Banking, Channels, Products

Mastercard pushes ahead with B2B payments modernisation porgramme

May 12, 2020

Via: Finextra

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 […]


Channels, Products, Retail Banking

Beware the Fees That Come With Some Money Transfers on Apps

April 24, 2020

Via: The New York Times

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 […]


Channels, Products, Retail Banking

World bank predicts sharpest decline in remittances in recent history

April 22, 2020

Via: Finextra

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 […]


Channels

Four US credit unions pick Bankjoy for online banking

April 15, 2020

Via: Banking Technology

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 […]


Channels, Products, Retail Banking

Ordo launches free P2P payments service in wake of COVID-19

April 1, 2020

Via: Banking Technology

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 […]


Business Banking, Channels, Products

Deutsche Bank joins forces with wealth management software firm Qplix

March 9, 2020

Via: Finextra

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 […]


Channels, Products, Retail Banking

One in five people could have access to central bank digital currencies within three years

January 24, 2020

Via: Finextra

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) […]


Channels, Regulations

Chinese regulators planning digital banking go-ahead

January 16, 2020

Via: Banking Technology

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 […]


Channels

Former Morgan Stanley developers unveil new cryptocurrency exchange

December 5, 2019

Via: Banking Technology

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 […]