banking technology

KeyBank Turns To Mastercard For AI Fraud Detection
KeyBank Turns To Mastercard For AI Fraud Detection
August 24, 2018  |  Mastercard

To help make more informed authorization decisions, KeyBank is turning to Mastercard Decision Intelligence. The system, which uses artificial intelligence (AI), will allow KeyBank to increase the...

READ MORE >
Postbank Kenya Rolls Out Mobile Banking Platform
Postbank Kenya Rolls Out Mobile Banking Platform
August 10, 2018  |  Banking

In an effort to take advantage of mobile phone penetration, Postbank Kenya has launched a new banking service. The mobile offering, which is called M-Chama,...

READ MORE >
Putting B2B Payments’ Biggest Fallacy In Context
Putting B2B Payments’ Biggest Fallacy In Context
August 02, 2018  |  B2B Payments

Speed? Not the most important thing when it comes to B2B payments. Turns out transparency is king, and according to Barry Rhodes, EVP and head...

READ MORE >
Lloyds, Halifax Hit By Fund Transfer Outage In UK
Lloyds, Halifax Hit By Fund Transfer Outage In UK
July 20, 2018  |  Digital Banking

Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage...

READ MORE >
Santander Creates Digital Investment Unit
Santander Creates Digital Investment Unit
July 16, 2018  |  International

Banco Santander, the Spanish bank, has created a digital investment unit that will be headed by John Whelan, who is currently in charge of the...

READ MORE >
JPMorgan Finds Online Banking Doesn’t Meet All Corporate Needs
JPMorgan Finds Online Banking Doesn’t Meet All Corporate Needs
July 10, 2018  |  Digital Banking

Use of online banking portals for corporates is ubiquitous — 99 percent of executives recently surveyed by JPMorgan said they conduct business banking online. However,...

READ MORE >
Bank Of America Deploys Biometrics For Enterprise Mobile Banking
Bank Of America Deploys Biometrics For Enterprise Mobile Banking
July 02, 2018  |  B2B Payments

Enterprise processes are starting to look a lot more like the consumer world. From procurement’s path to mimic an Amazon experience, to the Bring Your...

READ MORE >
Retail Banking’s Use Of Tech Improves Margins, Customer Services
Retail Banking’s Use Of Tech Improves Margins, Customer Services
June 12, 2018  |  Digital Banking

For banks, beyond the vagaries of interest rates, income depends in part on managing costs. Manage them well, and margins get a boost. The converse is also...

READ MORE >
USAA Sues Wells Fargo Over RDC Technology
USAA Sues Wells Fargo Over RDC Technology
June 11, 2018  |  Legal

USAA, the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its...

READ MORE >