Articles with tag: pow

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BMO Financial Group pledges USD 5 bln to US recovery

News | E-invoicing, SCF & E-procurement | 11 Nov 2020

BMO Financial Group has announced BMO Empower, a series of long-term commitments to advance inclusive economic recovery in the United States, pledging USD 5 billion.

BMO Financial Group, BMO Empower, financial inclusion, financial services, product launch,

South Korean NH Bank launches blockchain-powered e-wallet

News | Online & Mobile Banking | 29 Sep 2020

South Korea-based financial services provider Nonghyup (NH Bank) has begun issuing digital certificates using a blockchain-powered system and an e-wallet offering.

Nonghyup (NH Bank), e-wallet, product launch, South Korea, payment certificates, online banking, mobile banking, Asia, APAC, blockchain, blockchain powered system

Bitcoin wealth more evenly spread with smaller accounts, report

News | Cryptocurrencies | 17 Sep 2020

Coin Metrics has released a report regarding Bitcoin (BTC) and its decentralisation process, which ‘encompasses a large number of loosely-coupled characteristics.’

Bitcoin, BTC, accounts, report, Bitcoin block, mining, control, wealth distribution, token, digital assets, decentralisation, crypto currency, hashpower, whales, digital currency network, Coin Metrics, crypto platforms, payments and savings

CSI teams up with Revation Systems for LinkLive banking digital customer service

News | Online & Mobile Banking | 09 Sep 2020

Computer Services, a provider of end-to-end fintech and regtech solutions, has partnered with Revation Systems to offer community banks LinkLive Banking, a digital communications platform.

online banking, mobile banking, digital messaging, AI-powered chatbots, voice communications, COVID-19, Computer Services, fintech, regtech, Revation Systems, LinkLive

Mastercard launches retail technology solutions to enable a touchless economy

News | Ecommerce | 01 Sep 2020

Mastercard has rolled out a new suite of solutions for retailers to reimagine their physical shopping experience. 

Mastercard, launch, retail solutions, retailers, shopping experience, Mastercard’s Shop Anywhere, AI Powered Drive Through, Circle K, Delaware North, Dunkin’, White Castle, AI, Accel Robotics, SoundHound, Rekor Systems, contactless payments

Credit card satisfaction falling by 10 point amid the pandemic

News | Cards | 21 Aug 2020

J.D. Power has released the 2020 US Credit Card Satisfaction Study.

US, credit cards, cards, J.D.Power, 2020 US Credit Card Satisfaction Study

CO-OP teams up with Zelle

News | Online & Mobile Banking | 07 Aug 2020

US-based CO-OP Financial Services has partnered with Zelle to offer P2P payments to credit unions in the CO-OP ecosystem.

CO-OP, partnership, Zelle, P2P, payments, credit, US, CO-OP Financial Services, technology, mobile banking, banking, Wescom Credit Union, Water and Power Community Credit Union

RHB Group launches SME financing mobile app

News | Online & Mobile Banking | 03 Aug 2020

RHB Banking Group has launched an artificial intelligence powered ‘customer self-initiated’ SME financing mobile app.

RHB Group, SMEs, mobile app, AI, mobile app, artificial intelligence, onboarding, digitalisation, RHB BizPower Relief Financing

Former Malaysian PM charged with money laundering, abuse of power

News | Digital Identity, Security & Online Fraud | 28 Jul 2020

Former Malaysian PM Najib Razak has been found guilty of all seven charges in the first of several multi-million-dollar corruption trials, according to BBC.

money laundering, corruption, power abuse, tax evasion, illegal funding, Malaysia, banking, PM, Najib Razak

270 mln women worldwide are excluded from day to day banking, report

News | Payments General | 01 Jul 2020

UK-based fintech Paysend has released a report focusing on the empowerment of women in low-income countries through international money transfers.

banking, Paysend, fintech, UK, global, women empowerment, low-income countries, international money transfers, World Bank, digitisation

Zopa is granted a full UK banking licence

News | Online & Mobile Banking | 25 Jun 2020

UK-based peer-to-peer (P2P) lender Zopa has launched a new digital bank after being granted a full UK banking licence.

P2P, Zopa, UK, banking, digital bank, bank, digital, Borrowing Power, Financial Services Compensation Scheme, FSCS, credit card

Visa aims at helping 50 mln SMBs

News | Payments General | 23 Jun 2020

Visa has announced it will offer a range of services to 50 million SMBs to help them grow, build their online footprints, and promote neighbourhood support. 

Visa, SMBs, digital, Visa Foundation, COVID-19, coronavirus, Visa Economic Empowerment Institute, digital payments, digital, payments, Europe, IFundWomen, partnership, US, POS, Singapore, Italy, South Africa, Visa Back to Business Project, Australia, New Zealand

OBIE launches online app store amid COVID-19

News | Online & Mobile Banking | 09 Jun 2020

The Open Banking Implementation Entity (OBIE) has announced the launch of an online app store to assist customers with finding open banking-enabled financial products. 

OBIE, CMA, open banking, COVID-19, Allied Irish Bank, Bank of Ireland, Barclays, Danske, HSBC, Lloyds Banking Group, Nationwide, RBS Group, Santander, app store, financial products, budgeting, accountancy & tax, payments, borrowing, debt advice, financial safeguarding, The Power of Network, Ecosystem Infographic, TPP Events

Bank of Cyprus migrates to HPS PoweCARD

News | Payments General | 01 Jun 2020

Bank of Cyprus has completed the migration to HPS’ PowerCARD solution to replace its legacy systems

Bank of Cyprus, banks, Cyprus, payments, HPS, PowerCARDS, Switch, Base24, Card Management System, Bevertec, digital payments, transactions

TIS secures USD 20 mln in funding round

News | Payments General | 28 May 2020

Treasury Intelligence Solutions (TIS), a cloud platform for handling corporate payments, has secured USD 20 million investment in a funding round led by Aquiline Technology Growth.

TIS, B2B, payments, Treasury Intelligence Solutions, Aquiline Technology Growth, cloud, 83North, Europe, US, Adecco Group, Bertelsmann, Hugo Boss, Fresenius, Fugro, Lanxess, ManpowerGroup, OSRAM, QIAGEN, technology

GCash to help taxis shift to cashless payments in Philippines

News | Mobile Payments | 22 May 2020

The Department of Transportation has announced that the Philippines-based mobile wallet GCash will provide taxis with cashless payments system in Manila.

GCash, cashless payments, Philippines, mobile wallet, PowerPay+, COVID-19, Squidpay, PayMaya, Beep

Finxact announces Core-as-a-Service on Microsoft Azure

News | Digital Identity, Security & Online Fraud | 14 May 2020

Finxact, a US-based Core-as-a-Service banking provider, has completed a replatforming initiative to support its financial institution clients on Microsoft Azure.

Finxact, Core-as-a-Service, Microsoft Azure, financial institution clients, digital transformation, security, compliance, cloud providers, transaction processing engine, inventory management system, deposit, loan, core transaction data, analytics, decision tools, Microsoft Power BI

Retail banks face customer dissatisfaction because of digital-only engagement shift

News | Online & Mobile Banking | 05 May 2020

US-based data analytics and consumer intelligence company J.D Power has released a study showing how the COVID-19 pandemic affects retail banking customers’ satisfaction.

retail banking, digital banking, JD Power, covid19, pandemic, customer satisfaction, branch service, digital service, personal banking, customer experience, mobile banking, online banking, big banks, midsize banks, regional banks, big 62 banks, Zelle, Apple Pay, PayPal, Venmo

Wells Fargo to launch zero- and limited-overdraft fee accounts

News | Online & Mobile Banking | 06 Mar 2020

Wells Fargo has announced the launch of no-overdraft and limited-overdraft accounts for consumers who have trouble maintaining funds in a traditional checking accounts. 

wells Fargo, US, bank, checking account, overdraft account, Cities for Financial Empowerment Fund's Bank, US, United States, banking, bank account

Argus is live with Bermuda's card present platform - Powertranz

News | Digital Identity, Security & Online Fraud | 31 Jan 2020

Argus Group, a multi-line insurance and financial services organisation is live with Powertranz, a Bermuda-based Card Present platform with EMV and card swipe functionality.

Argus Group, Powertranz, Bermuda, Card Present platform, EMV, card payments, PCI Validated P2PE, Bluefin