74 articles tagged with this keyword
Company update/BAI
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.
06 October 2017
News/BAI
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.
12 October 2011
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.
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.
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.
NCR, PayPal and S1 have teamed up on a service that lets people make real-time person-to-person payments from cash machines.
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.
11 October 2011
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.
05 October 2011
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.
04 October 2011
Finextra TV/BAI
Frank Eliason, SVP of social media at Citi, discusses mobile banking, customer service and social media with Finextra.
Theresa McLaughlin, EVP and CMO of Citizens Bank, sees the branch remaining a part of the overall bank offering for some time to come.
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.
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.
03 October 2011
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".
ACI Worldwide has pulled of a deal to acquire bitter rival S1 for approximately $360 million in cash and 5.8 million ACI shares.
JPMorgan Chase has hired retail and financial services veteran Susan Ehrlich as senior vice president of next generation payments.
30 September 2011
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.
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.
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.
29 September 2011
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.
27 September 2011
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