Category: Uncategorized

May 15, 2019

The Personetics solution is designed to help small businesses proactively manage their day-to-day banking needs, optimize cashflow and ensure they have enough liquidity to support future growth. Integrated into the bank’s online and mobile experience, the solution enables business owners […]

May 3, 2019

Developed by JP Morgan, Quorum – an enterprise-variant of the Ethereum blockchain – will be the first distributed ledger platform available through Microsoft Azure Blockchain Service. This will enable customers of both firms to build and scale blockchain networks in […]

May 1, 2019

Product discounts on the important solutions from Intuit Inc. (Nasdaq:INTU), makers of QuickBooks® and TurboTax®, and automatic savings on everyday business expenses including recruiting, travel and dining, are just a few of the new benefits and features Mastercard is bringing […]

April 26, 2019

Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), has teamed up with Mastercard company Vocalink with the aim of upgrading the country’s payments infrastructure and boosting the digital economy. The partnership will enable instant payments […]

April 19, 2019

T-Mobile TMUS, +1.78% doesn’t just want to be a company that provides you with cell phone service and cable television. It also wants to be your bank. T-Mobile is rolling out a mobile-banking service, called T-Mobile Money, nationwide, the company […]

April 18, 2019

StockTwits — a social-media platform founded in 2008 as a venue for day traders to exchange ideas and musings — is launching a free online brokerage unit, aimed at appealing to its current roster of approximately two million members, as […]

April 16, 2019

Mastercard Inc. is wading into the buy-now, pay-later movement as consumers adopt a more nuanced view of credit purchases. The company announced Tuesday that it has acquired Vyze, a business that lets merchants offer financing options from various lenders both […]

April 2, 2019

U.S. Bank unveiled its entirely rebuilt U.S. Bank mobile app, co-created every step of the way with its customers. The resulting app is one of the most comprehensive and useful mobile banking app experiences, fueled by extensive research on how […]

March 27, 2019

Fifty-one percent owned by Emirates NBD, Network International was spun off as a separate company in 2015 in a deal which saw Warburg Pincus and General Atlantic pick up the remaining 49% minority ownership. The company operates in over 50 […]

March 26, 2019

Goldman Sachs research analysts are less than impressed by the bank’s jointly-created credit card with tech giant Apple. The card, revealed Monday at an elaborate Apple event, is hamstrung by the still-limited reach of Apple Pay, according to analysts led […]

March 26, 2019

Citigroup Inc. is starting a consumer-payments business, joining its biggest rivals and a host of financial-technology startups jockeying for position in the hottest corner of banking. The bank, already a dominant player in business-to-business payments, is launching a new unit […]

March 8, 2019

Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]

February 13, 2019

At a press conference in Seoul, attended by The Korea Herald, Patrick Yoon, country manager for Visa International Asia Pacific Korea, discussed the company’s plans. “Korea is considered an epicentre of fintech innovation. To pursue a more meaningful fintech-big tech […]

February 8, 2019

As reported last month, Mastercard wanted to beat Visa with a £233 million offer. That was designed to trump Visa’s earlier £198 million bid. Now it’s exciting as an episode of the UK TV show Homes Under the Hammer (I’m […]

January 25, 2019

As reported earlier this month, Visa made an £198 million offer. At that time, the board of UK-based Earthport was recommending shareholders vote in favour of the deal. However, in the latest development, Mastercard has stepped in to upset proceedings. […]

January 24, 2019

U.S. Bancorp announced today the launch of its new Asset Backed Securitization Lending business, providing non-recourse commitments secured by consumer and commercial receivables. With this new capability, U.S. Bancorp leverages its direct corporate lending experience to provide clients with an […]

December 18, 2018

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 […]

December 14, 2018

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 […]

December 13, 2018

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 […]

December 4, 2018

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 […]