BMO

Mastercard and BMO Expand Remittance Services

Mastercard and BMO Expand Remittance Services
Mastercard and BMO Expand Remittance Services
July 30, 2025  |  Partnerships

Mastercard and BMO are expanding the Canadian bank’s money transfer service. The expansion adds new destinations and currencies, allowing BMO’s Canadian personal banking clients to...

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Mastercard Teams With BMO and Porter Airlines on Travel Rewards
Mastercard Teams With BMO and Porter Airlines on Travel Rewards
January 29, 2025  |  Travel Payments

Mastercard, BMO and Porter Airlines have launched a rewards program for Canadian travelers. The new BMO VIPorter Mastercard suite is set to roll out to Canadians in spring 2025,...

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Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
Three Banks to Lower Prime Lending Rate to 8% After Fed’s Rate Cut
September 18, 2024  |  Banking

Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. BMO, Truist Financial and MT&T Bank...

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BMO Taps Elavon to Add Payment Solutions for Business Clients
BMO Taps Elavon to Add Payment Solutions for Business Clients
March 15, 2024  |  Partnerships

Elavon, a global payment processor, has partnered with BMO, North America’s eighth-largest bank, to introduce a payment solutions platform for BMO’s U.S. clients.  The collaboration aims...

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Visa and BMO Team to Expand Credit Card Installment Access
Visa and BMO Team to Expand Credit Card Installment Access
October 30, 2023  |  Partnerships

Visa teamed with BMO to offer BMO credit card holders access to Visa’s Installments program. The payment option, set to launch next year, lets consumers...

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BMO and DailyPay Enable Earned Wage Access for Commercial Clients
BMO and DailyPay Enable Earned Wage Access for Commercial Clients
September 21, 2023  |  Payroll

BMO Financial Group has partnered with DailyPay, a provider of on-demand pay solutions, to enable BMO’s commercial clients to offer earned wage access to their employees. This...

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BMO and Modern Treasury Integrate Solutions for Commercial Banking Clients
BMO and Modern Treasury Integrate Solutions for Commercial Banking Clients
September 14, 2023  |  Partnerships

BMO and Modern Treasury have partnered to simplify the management and tracking of complex payment flows for their shared commercial banking clients.  This collaboration combines BMO’s banking...

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BILL and BMO Debut Bill Pay and Invoicing Tool
BILL and BMO Debut Bill Pay and Invoicing Tool
March 09, 2023  |  B2B Payments

Billing software firm BILL has launched a bill pay/invoicing platform with BMO. Dubbed BMO Bill Connect, the cloud-based platform “gives customers more visibility and control...

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