Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.
BMO has partnered with two tech startups to roll out chatbot service assistants for Facebook Messenger and Twitter.
The Bank of Montreal is set to open a massive, state-of-the-art 'urban work campus' in downtown Toronto to house 3500 staffers.
BMO Capital Markets (BMO), the investment and corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), today announced that it has partnered with Trade Informatics (TI), a leading provider of quantitative analytics and systematic trading solutions to institutional asset managers.
BMO Financial group is to inject $2 million into a new AI lab in Montreal that will aim to help startups make the transition from science projects to high-growth companies.
Swiss bank UBS has said that a migration of more than 1,000 jobs from London as a result of Brexit is "more and more unlikely" after receiving "regulatory and political clarifications".
IBM is collaborating with five international banks on the creation of a global trade finance platform based on blockchain technology.
Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.
Bank of Montreal is bidding to strengthen its fintech partnership ties with the launch of a second four-month accelerator programme with the DMZ incubator at Ryerson University.
BMO Harris Bank today announced a partnership with 1871 – a leading technology and entrepreneurship ecosystem which is currently home to nearly 500 high-growth digital startups in the Merchandise Mart – that will provide a select group of FinTech startups the opportunity to participate in a three-month mentorship program.
© Finextra Research 2018