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Category: Business banking


Business banking, Products, Retail banking

Citi partners with MoneyBack for customer rewards

January 15, 2019

Via: Banking Technology

By integrating Citi rewards into the MoneyBack platform, Citi cardholders can convert their credit card points into MoneyBack points on the website or mobile app, which then can be used at over 600 partner outlets for discounts, including PARKnSHOP and […]


Business banking, Products

Mastercard picks paytech pal in Polish Payment Standard

December 18, 2018

Via: Banking Technology

Mastercard and Polish Payment Standard (PSP), the operator of mobile payment system BLIK, have teamed up for a paytech alliance. Together, they will provide contactless payments to BLIK users at all Mastercard branded terminals globally, using Mastercard virtual debit cards […]


Business banking, Products

Western Union works with TerraPay for mobile mania

December 14, 2018

Via: Banking Technology

According to the firms, the alliance expands upon Western Union’s account payout network for sending remittances directly into customers’ mobile wallets across Europe, Africa, Asia and Latin America. “Joining with TerraPay is a great opportunity to further diversify and expand […]


Business banking, Products

Robinhood, the start-up upending stock trading, goes after banks with a 3% savings account

December 13, 2018

Via: CNBC

Popular stock trading app Robinhood, which disrupted Wall Street with zero-fee transactions, is taking aim at an even bigger market: banks. The five-year old company unveiled “Robinhood Checking & Savings” on Thursday, which offers checking and savings accounts with no […]


Business banking, Products

IBM teams up with Thought Machine to hawk cloud-based core banking system

December 4, 2018

Via: Finextra

Thought Machine has spent the last few years trying to solve one of the biggest problems in banking: how to replace the decades old legacy core systems which hamper the delivery of new customer-facing digital services. The firm’s answer is […]


Business banking, Products

Wall Street’s newest billion-dollar battleground: Small town, USA

November 16, 2018

Via: CNBC

John Richert knew the moment Goldman Sachs was coming to town. First, the J. P. Morgan Chase banker got a call from a recruiter in June 2017 asking if he would consider joining the rival. Then Goldman went after his […]


Business banking, Products

Huawei battles for European banks’ trust

November 13, 2018

Via: Banking Technology

Huawei’s Enrique Marron Caballero, finance solution director, Western Europe (ex-Santander), admits that bank executives “won’t be fired if a traditional US provider fails [on a project]”. Huawei has typically started with “foundation platforms” such as storage and wifi for banks, […]


Business banking, Products

American Express launches new Business Gold Card with flexible repayment feature

November 8, 2018

Via: Market Watch

American Express AXP, +2.22% on Thursday announced a new card for small businesses that aims to provide them more flexibility over their spending. The Business Gold Card, which has an annual fee of $295, blends elements of both charge cards […]


Business banking, Products

Lloyds invests in cloud-based core banking startup Thought Machine

November 7, 2018

Via: Finextra

Set up by a gaggle of former Google engineers, Thought Machine has spent the last few years trying to solve one of the biggest problems in banking: how to replace the decades old legacy core systems which hamper the delivery […]


Business banking, Capital and risk, Liquidity, Products

Liquidnet adds emerging market bonds to fixed income platform

November 6, 2018

Via: Finextra

This latest addition comes amid growing institutional investor appetite for emerging markets bonds as they seek to diversify their portfolios and access growth opportunities in fixed income markets outside of North America and Europe. Liquidnet’s Member firms can now trade […]