Bmo news and trends

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

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 at the Canadian financial institution convert qualifying purchases into smaller, equal payments made over a set period, the companies said...

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

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 collaboration aims to provide real-time access to wages as they are earned, giving employees the ability to access their funds...

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

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 capabilities with Modern Treasury’s financial operating system, offering faster and more flexible payments, automated reconciliation, real-time financial data, pre-built reporting...

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

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 over their financial operations,” BILL and BMO (the Bank of Montreal) said in a news release Thursday (March 9). According...

Quick Reads
BMO Taps Elavon to Add Payment Solutions for Business Clients

March 15, 2024
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 to optimize credit, debit and digital payment transactions, offering secure and scalable payment capabilities tailored to BMO’s diverse client base, the companies said in a Thursday (March 14) press release. […]

Visa and BMO Team to Expand Credit Card Installment Access

October 30, 2023
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 at the Canadian financial institution...

BMO and DailyPay Enable Earned Wage Access for Commercial Clients

September 21, 2023
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 collaboration aims to provide real-time...

BMO and Modern Treasury Integrate Solutions for Commercial Banking Clients

September 14, 2023
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 capabilities with Modern Treasury’s financial...