PYMNTS-MonitorEdge-May-2024

Banks

Banking, Credit Cards, Home Loans & Auto Loans. Personal. Small Business. Wealth Management is just some of the main things a Bank will offer in terms of services.

Cross-Border Payments Need More Than Bank-FinTech Collaboration
Cross-Border Payments Need More Than Bank-FinTech Collaboration
December 14, 2018  |  B2B Payments

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018,...

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Senators Call For Deutsche Investigation
Senators Call For Deutsche Investigation
December 14, 2018  |  Security & Fraud

Two senators are calling for a banking committee investigation of Deutsche Bank’s compliance with U.S. safeguards against money laundering. According to Bloomberg, Senator Elizabeth Warren...

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India’s ATM Closures Seen As Boost To Demonetization Efforts
India’s ATM Closures Seen As Boost To Demonetization Efforts
December 14, 2018  |  Cash

In November 2016, the Indian government issued a ban on the nation’s higher-denomination 500- and 1000-rupee notes, essentially deeming 86 percent of its currency invalid....

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Bitcoin Daily: ‘Blockchain Developer’ Tops LinkedIn’s ‘Emerging Jobs’ Report; ICOs Face Threat Of Crypto Refunds
Bitcoin Daily: ‘Blockchain Developer’ Tops LinkedIn’s ‘Emerging Jobs’ Report; ICOs Face Threat Of Crypto Refunds
December 14, 2018  |  Bitcoin

Boerse Stuttgart Group, Germany’s second-largest stock exchange, has announced the launch of its own cryptocurrency trading platform in the first half of 2019. In addition,...

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Access Fintech Gets $17.5M From Big Banks To Grow Trade Risk Tech
Access Fintech Gets $17.5M From Big Banks To Grow Trade Risk Tech
December 14, 2018  |  Investments

Israeli startup Access Fintech has received $17.5 million in venture capital funding from Goldman Sachs, JPMorgan Chase, Citigroup and Credit Suisse. Access Fintech has developed a network...

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Vocalink: Freezing Mule Accounts With AML Tech
Vocalink: Freezing Mule Accounts With AML Tech
December 14, 2018  |  Security & Fraud

Whoa, mule. Pay.UK’s Faster Payments team said this week that it is deploying technology powered by Mastercard’s Vocalink, which uses machine learning and other advanced...

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Yamaha Invests $150M In Grab’s Motorcycle Service
Yamaha Invests $150M In Grab’s Motorcycle Service
December 13, 2018  |  Investments

Southeast Asia ride-hailing company Grab has received a $150 million investment from Yamaha Motor Company, according to reports. Grab, which recently bought out Uber in the region,...

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Germany Pushes For Commerzbank, Deutsche Merger
Germany Pushes For Commerzbank, Deutsche Merger
December 13, 2018  |  Banking

The German government is looking at a merger as a way to fix scandal-ridden Deutsche Bank. According to Bloomberg, sources have revealed that officials — including Finance Minister...

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OweMe Lands Seed Funding For Blockchain Trade Finance Platform
OweMe Lands Seed Funding For Blockchain Trade Finance Platform
December 12, 2018  |  B2B Payments

Supply chain financing startup OweMe has landed seed funding from pi Ventures, TechCircle reported on Tuesday (Dec. 11). Investors provided $1 million for OweMe, which...

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