Search Results for: BMO Financial Group

Broadridge Brings Together Wealth Business Under Michael Alexander
Banking News

Broadridge Brings Together Wealth Business Under Michael Alexander

Fintech News Desk
by Fintech News Desk2
Broadridge Financial Solutions, Inc. , a global Fintech leader and part of the S&P 500 Index,  announced that Michael Alexander has been appointed President, Wealth Management. In this newly created position, he will be responsible for bringing together Broadridge’s Wealth solutions into an integrated, market-leading Wealth Management business that will uniquely......
WEX Announces a $400 Million Investment From Warburg Pincus and Amendment to the Credit Agreement
Banking Business News

WEX Signs Definitive Agreement to Acquire eNett and Optal

Fintech News Desk
by Fintech News Desk7
Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations Complements WEX’s technology and......
MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network
Banking News

MUFG Union Bank Launches Real-Time Payments for Clients on the RTP Network

Fintech News Desk
by Fintech News Desk7
MUFG Union Bank N.A., announced that receipt of real-time payments is available for its corporate, commercial, and retail clients via the RTP® network, operated by The Clearing House. The RTP network provides instantaneous receipt of payments, which increases payment certainty and funds availability, with funds immediately available for use. Real-time payments enable MUFG......
Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future
Banking Business News

Magna Finance Company Selects Input 1 Premium Billing System as Their Platform for the Future

Fintech News Desk
by Fintech News Desk5
Input 1, a digital billing and payments provider to the insurance industry, is pleased to announce that Magna Finance Company has selected Input 1’s Premium Billing System as the digital cloud platform for its insurance premium finance business. Headquartered in Worcester, MA, Magna Finance has been a provider of premium financing......
BitPay Taps Simplex to Make BitPay App an All-In-One Solution
Capital Markets Fintech News

BitPay Taps Simplex to Make BitPay App an All-In-One Solution

Fintech News Desk
by Fintech News Desk0
Crypto Purchasing With Credit Cards Brings New Usability to the Bitpay App BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, announced a partnership with Simplex, the best-in-class processor of fiat-to-crypto transactions, that gives BitPay app users the ability to buy Bitcoin and other supported cryptocurrencies directly in......
Cashaa's New Account Is a Savior for Crypto Businesses After the European Regulator Enforced New Laws in 2020
Cryptocurrency Fintech Startups News

Cashaa’s New Account Is a Savior for Crypto Businesses After the European Regulator Enforced New Laws in 2020

Fintech News Desk
by Fintech News Desk0
London-based crypto banking startup Cashaa launched a “Crypto Business/Broker” account to ensure crypto businesses/brokers are compliant with the FCA’s new rules for anti-money laundering and counter-terrorist finance and Fifth Money Laundering Directive (5AMLD). Cashaa’s mission is to help crypto businesses get access to banking who have always struggled with traditional......
TIS celebrates 10th Anniversary: Strong Growth With Cloud-Based Payments
Banking Fintech News

TIS celebrates 10th Anniversary: Strong Growth With Cloud-Based Payments

Fintech News Desk
by Fintech News Desk0
With the Best Quarter and the Best Financial Year in Its History, TIS Is Successfully Starting the Year of 2020, the Year of Its 10th Anniversary. TIS (Treasury Intelligence Solutions GmbH) was founded in Walldorf. The company’s goal was to provide medium and large organizations with a cloud-based platform, on......
Ellie Mae Announces Virtual Experience 2020
Banking News

2019 Concludes With Interest Rates And Purchase Percentages On The Rise According To December Ellie Mae Origination Insight Report

Fintech News Desk
by Fintech News Desk0
According to the December Origination Insight Report from Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, interest rates rose again in December to 3.99 percent, up from 3.97 percent in November and the 2019 low of 3.93 percent in September. This is coupled with the increase in purchase loans,......
Digital Payments Digital Wallet Fintech Primers

What Are Mobile Wallets?

Pooja Choudhary
by Pooja Choudhary0
  The global market for mobile wallets and payment technologies is projected to reach $12.6 trillion by 2027, up from $4.5 trillion in 2022, at a compound annual growth rate (CAGR) of 23.1% during the period between 2022 and 2027. A Beginner’s Guide to ‘E-Wallets’ An electronic wallet, or “e-wallet,”......
Compliance management Fintech Primers Recommended

What Is Anti-Money Laundering?

Pooja Choudhary
by Pooja Choudhary0
Fintech has experimented with its magic wand in various fields, so how can we corner the money laundering aspect? Criminals’ efforts to launder cash are continuing to shift towards digital currency as its circulation grows. Also, traditional anti-money laundering is being gradually replaced by electronic anti-money laundering (transaction laundering). Let’s......
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