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.

Bitcoin Daily: Sony Launches Digital Asset Wallet; UK Shelves Digital Gold Plan
Bitcoin Daily: Sony Launches Digital Asset Wallet; UK Shelves Digital Gold Plan
October 26, 2018  |  Bitcoin

The Royal Mint in the U.K. has put plans for a digital gold token called Royal Mint Gold (RMG) on hold, Reuters reported. That news...

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Why Yesterday Is The Key To Building mPOS’ Future
Why Yesterday Is The Key To Building mPOS’ Future
October 25, 2018  |  MPOS Tracker

Before 2009, when Square launched in the U.S., the world of payments wasn’t terribly friendly terrain for small and micro-businesses looking to accept credit cards....

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Samsung And HSBC Get ‘Phygital’ With Wearables
Samsung And HSBC Get ‘Phygital’ With Wearables
October 23, 2018  |  Wearables

HSBC and Samsung have announced what they are calling a “first-of-its-kind” program to bring wearable technology into HSBC bank branches. The two firms are currently...

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Bank Of America Automates FX Conversion For Smaller FIs
Bank Of America Automates FX Conversion For Smaller FIs
October 23, 2018  |  B2B Payments

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange...

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National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
October 23, 2018  |  B2B Payments

The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution....

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CGI Elevates Fraud, Compliance Risk Mitigation For Banks
CGI Elevates Fraud, Compliance Risk Mitigation For Banks
October 22, 2018  |  B2B Payments

CGI has announced the launch of CGI HotScan360, an enhanced version of its industry leading HotScan solution. With financial crime on the rise, CGI HotScan360...

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It’s Trust Over Tech For SMBs Choosing A Bank
It’s Trust Over Tech For SMBs Choosing A Bank
October 22, 2018  |  B2B Payments

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue...

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SWIFT Weighs In On State Of APIs For FIs In Global Economy
SWIFT Weighs In On State Of APIs For FIs In Global Economy
October 22, 2018  |  B2B Payments

In a recent white paper, SWIFT weighs in on how FIs are catching up in the API arena — and how a consistent experience is...

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Invoice Fraud Hits Microsoft?
Invoice Fraud Hits Microsoft?
October 19, 2018  |  B2B Payments

Invoice fraud — changing details so that money is routed to fraudsters’ bank accounts — may have hit Microsoft through one of its own employees. Elsewhere,...

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