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104 Results from "Bank of Montreal"

/payments

RBC and BMO explore $2bn sale of Moneris payments business - Reuters

Royal Bank of Canada and Bank of Montreal are looking to offload payments processing joint venture Moneris for up to $2 billion, according to Reuters.

/wholesale

BMO joins IBM Quantum Network

Canada's BMO has joined the IBM Quantum Network, gaining access to Big Blue's advanced quantum infrastructure.

/wholesale

BMO brings embedded finance to business ERP systems

Canada's BMO has teamed up with embedded banking specialist Fispan to let business clients integrate their online accounts directly into Enterprise Resource Planning (ERP) and accounting systems.

/retail

BMO launches personal finance hub

BMO has launched a digital hub where customers can access personal finance advice and guidance as well as tools to help them budget and set money targets.

/payments

BMO launches mobile wallet for virtual cards

BMO Commercial Bank has joined forces with Mastercard and Extend to give clients the power to create and push virtual cards to their employees' mobile wallets.

/regulation

More banks pay multi-million dollar penalties over WhatsApp use

Wells Fargo and BNP Paribas are among the latest banks to be hit with multi-million dollar penalties by US regulators over employee use of unofficial communication tools like WhatsApp and iMessage.

/cloud

FS giants team on open standards project for common cloud controls

The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.

/payments

BMO introduces credit card instalment plan feature

Bank of Montreal is rolling out a digital credit card instalment plan that lets shoppers split their purchases into interest-free monthly payments.

/regulation

Canadian banks team on KYC solution

Some of Canada's biggest banks are joining forces with market and infrastructure services provider CanDeal to set up a centralised KYC offering for the capital markets industry.

/sustainable

BMO pre-purchases direct air capture carbon removal

Bank of Montreal has pre-purchased the permanent removal of 1000 tonnes of carbon dioxide from the atmosphere through Direct Air Capture (DAC) technology.

/markets

BMO uses AI for capital markets structured note pricing

Bank of Montreal is working with Toronto-based startup Riskfuel Analytics to develop AI-based models for pricing and scenario analysis of structured derivatives transactions.

/cloud

Big banks invest in accounting software firm Freshbooks

Barclays, Bank of Montreal and JPMorgan have joined an US$80.75 million Series E funding round for Toronto-based cloud accounting software firm Freshbooks.