bank technology

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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Temenos Preps For Aussie Open Banking With Avoka Takeover
Temenos Preps For Aussie Open Banking With Avoka Takeover
December 13, 2018  |  B2B Payments

Bank technology firm Temenos has struck a deal to acquire banking services and on-boarding firm Avoka in one of the largest exits for an Australian...

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In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
In The Age Of Algorithms, Will Banks Ever Graduate To True AI?
November 21, 2018  |  Artificial Intelligence

It’s the age of algorithms, but not all algorithms are the same — and not all of them constitute true AI. A new PYMNTS report...

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How IBM Aims To Make Banks Open To Open Banking
How IBM Aims To Make Banks Open To Open Banking
November 15, 2018  |  API

In the open banking era, banks can no longer think of themselves as just banks, says Tom Eck, chief technology officer at IBM. In the...

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TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
November 14, 2018  |  API

Open banking initiatives are changing the way banks operate and engage with third parties and partners. However, those are not the only changes the movement...

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SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
November 13, 2018  |  B2B Payments

As Europe and the U.K. continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’...

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Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

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FDIC To Help Banks Embrace Tech, Innovation
FDIC To Help Banks Embrace Tech, Innovation
October 25, 2018  |  Banking

The Federal Deposit Insurance Corporation (FDIC) is setting up an office of innovation to encourage banks to adopt financial technology changes. FDIC Chairman Jelena McWilliams...

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Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
Challenger FinTech Firms Can’t Rely On Tech Offerings Alone: ANNA
October 24, 2018  |  B2B Payments

U.K. alternative financial service (FinServ) players promising a small business (SMB) banking revolution — and a challenge to the status quo established by high-street banks...

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