A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.
BMO Financial Group and the DMZ have announced the three winners for 'The Next Big Idea in Fintech'.
Six of Canada's leading financial institutions have participated in a $27 million funding round for SecureKey, a federated identity network which lets consumers use their online banking credentials to log in to public and private sector Web services.
Kyc.com, the joint venture between IHS Markit (Nasdaq: INFO) and Genpact (NYSE: G), today announced that Bank of Montreal has signed onto the service to streamline the collection and management of know your customer information (KYC).
BMO Bank of Montreal today introduced a new service that allows customers to open an account in minutes using their smartphone, without having to go to a branch or download an app.
At the 17th Temenos Community Forum in Barcelona – on 20 May 2016 – Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that Bank of Montreal Asia Pacific has selected Temenos’ core banking solution to replace their existing legacy back office settlement and accounting system.
Apple has finally struck deals with Canada's banks to bring its mobile payments services to the country's Visa, MasterCard and Interac cardholders.
Around the world, financial services technology is evolving rapidly and the pace of change is accelerating. Canada has become a leading source of new ideas, and BMO Financial Group wants to ensure that the next big idea gets the support it needs to make it a reality and benefit Canadian consumers.
Bank of Montreal (BMO) has teamed up with MasterCard to let Canadian and US corporate cardholders authenticate online payments with their fingerprints and selfies.
The hordes of very tall men descending on Toronto this weekend for the NBA All Star game won't need to crouch down to access their equally large bank accounts thanks to a newly installed 10 foot tall Bank of Montreal ATM.
© Finextra Research 2016