Citigroup Opens Innovation Lab in London
Citigroup is setting up an innovation lab in London. The decision to set up this lab comes at the heels...
Payments
ACI Worldwide Preps BMO Bank for Realtime Payments in Canada, Zelle in U.S.
EXCLUSIVE – Canada is on a five-year plan to revamp its payment infrastructure, as of 2016. Bank of Montreal has...
For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says
EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to...
Major Nordic Banks Join Hands to Form Cross-Border Ecosystem
Major Nordic banks are coming together to explore the possibility of a regional cross-border payment infrastructure between the different Nordic...
Visa Has Not Changed Bitcoin Purchase Policies
EXCLUSIVE—Payment processor Visa has not changed any policies related to the purchasing of bitcoin, the company said. The company still...
TSYS Inks Partnership with JPMorgan to Supply B2B Virtual Card
Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate...
U.K. Challenger Bank Coconut Partners with PrePay Solutions for Freelance Banking
United Kingdom challenger bank Coconut will partner with prepaid cards and services provider PrePay Solutions, or PPS, to enable the...
Chinese Payments Service LianLian Joins Ripple Network
Chinese payments provider LianLian is joining Ripple’s payment network, RippleNet, to use its blockchain technology for faster cross-border payments, the...
PayPal Now Offering Two Additional Wireless Card Readers for SMBs
EXCLUSIVE—Payments provider PayPal is now offering two new card readers for small and medium businesses, allowing owners to accept payments...
Betterment Attributes App, Site Crash to ‘High Volume,’ States Accounts Were Secure
EXCLUSIVE—Roboadvisor investment firm Betterment experienced service interruptions yesterday when customers flocked to its site and app after the Dow fell...
