banking

JPMorgan to Expand Online Banking Platform Into Germany and EU

JPMorgan to Expand Online Banking Platform Into Germany and EU
JPMorgan to Expand Online Banking Platform Into Germany and EU
July 21, 2023  |  Banking

J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...

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Experian Enables Consumers to Share Payroll Information for Verification
Experian Enables Consumers to Share Payroll Information for Verification
July 19, 2023  |  Authentication

Experian has expanded its real-time income and employment verification offering. The enhancement enables consumers to provide permissioned access to their payroll accounts and share information...

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B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
July 17, 2023  |  Commercial Payments

Thunes has secured $72 million in a Series C round of funding with support from a range of strategic investors. The Singapore-based B2B payment infrastructure...

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Ripple Optimistic About US Banks Adopting XRP
Ripple Optimistic About US Banks Adopting XRP
July 17, 2023  |  Cryptocurrency

Ripple is reportedly optimistic about the prospect of financial institutions being interested in using its On-Demand Liquidity (ODL) product, which utilizes XRP for money transfers, in...

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Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
Bank of America Uses Virtual Reality for Training Over 200,000 Staffers
July 13, 2023  |  Metaverse

Bank of America is using digital tools to prepare employees for real-world situations. The bank is using the latest in artificial intelligence (AI), virtual reality (VR)...

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SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
SEC Charges Merrill Lynch and BACNAH for Failing to File Suspicious Activity Reports
July 11, 2023  |  Cybersecurity

The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges,...

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Time to Treat Creators Like Business Owners, Says Visa FinTech Head 
Time to Treat Creators Like Business Owners, Says Visa FinTech Head 
June 22, 2023  |  Social Commerce

If you’re reading this, you might not be able to name a single creator.  But your kid probably can name five, 10, even a dozen...

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Backbase Acquires UK-Based Digital Wealth Platform Nucoro
Backbase Acquires UK-Based Digital Wealth Platform Nucoro
June 15, 2023  |  Consumer Finance

Backbase, a global engagement banking software provider, has made a foray into the digital wealth space with the acquisition of London-based firm Nucoro. The acquisition...

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