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Category: Products


Products, Retail Banking

Bank of Georgia launches AI-powered personal finance tool

November 14, 2019

Via: Banking Technology

MBank, underpinned by technology company Strands, will feature smart personal finance management to help users track their spending and categorise their finances, income, and expenses. “Putting personal finance management at the heart of digital banking gives way to smart, personalised […]


Business Banking, Products

Google is getting into banking with the search giant set to offer checking accounts next year

November 13, 2019

Via: CNBC

Google will offer checking accounts next year, according to a source familiar with the company’s plans, representing Big Tech’s boldest move yet into the consumer banking business. Most previous efforts have focused on credit cards and payment platforms. The accounts […]


Products, Retail Banking

Banking sector urged to improve customer experience for disabled people

November 12, 2019

Via: Finextra

The research has prompted calls for businesses and organisations to rethink how they target disabled consumers and their families, whose spending power – the so-called Purple Pound – is estimated to be £249 billion every year. 75% of disabled people […]


Business Banking, Products

JPMorgan has a plan to help Amazon and Airbnb look more like banks

November 6, 2019

Via: Bank Innovation

The bank has spent the last year developing an e-wallet tailored for companies such as Airbnb, Lyft Inc. and Amazon.com Inc. that it says could help online marketplaces and companies in the gig economy defend against getting cut out of […]


Channels, Products, Retail Banking

Bank of America unveils new mobile banking app with loan applications built in

October 29, 2019

Via: Banking Technology

The 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 […]


Products, Retail Banking

Bank of America unveils redesigned mobile app

October 25, 2019

Via: Finextra

The sleek, modern design makes it even easier to navigate all of Bank of America’s robust mobile banking features. The latest version of the app also includes enhancements to Erica®, the bank’s AI-driven virtual financial assistant, designed to help clients […]


Channels, Products, Retail Banking

Bank of America releases Accounts Payable Optimization toolkit

October 18, 2019

Via: Finextra

Deciding 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. […]


Business Banking, Products, Regulations

Mastercard, Visa, eBay and Stripe follow PayPal’s suit and leave Facebook’s Libra

October 14, 2019

Via: Banking Technology

The Financial Times and Bloomberg reported the decisions by five heavy-weight backers to pull out of the project, which now leaves Libra with no major US payment processor following PayPal’s drop out too earlier last week. On Wednesday last week, […]


Business Banking, Products

Norway’s largest bank set to monopolise country with all-access mobile banking app

October 9, 2019

Via: Banking Technology

Last year DNB and Danske Bank became co-owners of the fintech. Now this joint acquisition is seeing Oslo-based DNB seek the “favoured” spot for Norway’s mobile banking app champion. “With access to every bank in Norway, DNB can now digitally […]


Business Banking, Products

Robinhood makes second attempt at launching a high-yield account similar to banks

October 8, 2019

Via: CNBC

Robinhood is giving banking another shot. Ten months after the failed launch of a checking and savings account, the free stock-trading start-up announced a cash management account with a 2.05% interest rate. The APY is more than twenty times higher […]