BAI

74 articles tagged with this keyword

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Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

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Visa and MasterCard face ATM price-fixing suit

Independent ATM operators in the US have filed an anti-trust lawsuit against Visa and MasterCard, alleging that the card issuers' rules artificially inflate and fix the price of cash machine access fees.

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PayPal aims to become your digital ID; unveils new bank, vendor, currency partnerships

PayPal has taken the wraps off its single sign-on digital identity service for online shopping, PayPal Access. The move comes as the San Jose-based payments operator unveils a series of new partnerships with a host of banking technology suppliers at the BAI Retail delivery show in Chicago.

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Citi rounds on Isis, urges other banks to join Google Wallet

Citibank has contrasted Google's open platform approach to mobile payments with the gatekeeper role adopted by the Isis consortium, complaining that the telcos are hampering the development of NFC to the detriment of other market participants.

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Microsoft Kinect brings motion-sensing tech to the banking interface

Lithuanian company Etronika has demonstrated a beta version of an application that uses Microsoft's Kinect motion sensor technology as an interface to on-screen consumer banking applications.

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NCR, PayPal and S1 offer P2P payments through ATMs

NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.

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US Bank pilots mobile retailer store card

US Bank has launched an iPhone app which offers retailers the opportunity to provide customers with an instant line of credit for on-the-spot purchases.

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Mobile services no longer just a 'nice-to-have' for banks - Javelin

Mobile banking is no longer just a 'nice-to-have' channel for financial services firms, it has become a 'must-have', used by nearly a third of Americans, according to Javelin Strategy & Research.

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PayPal to open pop-up store in Manhattan

PayPal is to establish a physical presence on the high street with the opening of a pop-up store in Manhattan to promote its technology to merchants and passers-by.

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Citi on the future of customer service.

Frank Eliason, SVP of social media at Citi, discusses mobile banking, customer service and social media with Finextra.

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The branch is still part of the customer experience

Theresa McLaughlin, EVP and CMO of Citizens Bank, sees the branch remaining a part of the overall bank offering for some time to come.

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Have banks lost 'that loving feeling'?

Linda Verba, head of retail banking at TD Bank (and considered to be a guru of bank customer service in the US) discusses a 'return to civility' for bank call centres and customer service.

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Gremlins take down BofA home page following weekend of disruption

Just 24-hours after convincing customers it was safe to go back online following a weekend of Web site disruption, Bank of America's Internet site has once again fallen victim to technical gremlins.

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Citi's digital banking aspirations take shape with new online banking site

Citibank has re-launched its online banking site in a move designed to meet CEO Vikram' Pandit's vision to become "the world's digital bank".

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ACI agrees terms to acquire S1

ACI Worldwide has pulled of a deal to acquire bitter rival S1 for approximately $360 million in cash and 5.8 million ACI shares.

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JPMorgan Chase names Susan Ehrlich SVP, next generation payments

JPMorgan Chase has hired retail and financial services veteran Susan Ehrlich as senior vice president of next generation payments.

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BofA plans $5 monthly charge for debit card users

Bank of America is to start charging debit card users $5 a month as it seeks to claw back money it will lose from a change in interchange rules.

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Nacha proposes Faster Payments-style service for the US

US automated clearing house Nacha is proposing the creation of a US equivalent of the UK's Faster Payments service, with new rules enabling same-day settlement of transactions over the ACH network.

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Fed to monitor social media chatter

The Federal Reserve Bank of New York is inviting firms to bid for the chance to build a system to monitor what people say about it on social media sites.

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Isis signs handset makers to NFC m-payments system

Isis, the contactless mobile payments venture set up by major US network operators, has signed up a group of leading handset manufacturers to its technology standards.