19 October 2017

Latest News

TD Bank opens Israel cybersecurity office; injects AI into mobile app
Retail banking

TD Bank opens Israel cybersecurity office; injects AI into mobile app

04 October 2017  |  6318 views  |  0 comments | 4 tweets | 3 linkedin

Toronto-Dominion Bank is looking to tap into Israel's world-renowned cybersecurity talent pool through the opening of a Tel Aviv office. Meanwhile, the Canadian bank is also giving its app an AI boost through a partnership with Kasito.

Starling to move into business banking
Payments

Starling to move into business banking

04 October 2017  |  7446 views  |  0 comments | 16 tweets | 21 linkedin

Digital challenger bank Starling is to open a mobile-only business account for small traders and SMEs.

OCBC business customers can now ask Siri to make B2B payments
Retail banking

OCBC business customers can now ask Siri to make B2B payments

04 October 2017  |  6901 views  |  0 comments | 8 tweets | 12 linkedin

Singapore's OCBC Bank has integrated its business mobile banking app with Apple's Siri for use in voice-controlled funds transfers and account balance enquiries.

Four more banks join IBM/UBS blockchain trade finance platform
Payments

Four more banks join IBM/UBS blockchain trade finance platform

04 October 2017  |  9298 views  |  0 comments | 16 tweets | 32 linkedin

IBM is collaborating with five international banks on the creation of a global trade finance platform based on blockchain technology.

UAE's oldest bank launches digital-only Neo
Mobile & online

UAE's oldest bank launches digital-only Neo

04 October 2017  |  4376 views  |  0 comments | 10 tweets | 12 linkedin

Mashreq Bank has launched Neo, a digital-only bank to cater to the needs of the millennial generation.

"Alexa, ask my bank, what is my balance?"
Retail banking

"Alexa, ask my bank, what is my balance?"

04 October 2017  |  7673 views  |  1 comments | 24 tweets | 34 linkedin

NCR is working with Maine-based Town & Country Federal Credit Union to train Amazon's voice commerce assistant Alexa to respond to spoken requests for bank account information.

Tech spending key to fixed-income market share growth
Trade execution

Tech spending key to fixed-income market share growth

03 October 2017  |  4263 views  |  0 comments | 8 tweets | 6 linkedin

Bond dealers that want to boost their market share growth need to spend big on technology. That's the message of a new report into IT spending in fixed income trading.

Canadian lenders issue open banking warning
Risk & regulation

Canadian lenders issue open banking warning

03 October 2017  |  8711 views  |  11 comments | 19 tweets | 19 linkedin

The Canadian Bankers Association says the government should think carefully before embracing open banking, warning that increasing third party access to financial data poses major risks not only to customers but to the entire economy.

IMF chief says banks would be unwise to dismiss the threat from virtual currencies
Risk & regulation

IMF chief says banks would be unwise to dismiss the threat from virtual currencies

03 October 2017  |  8472 views  |  0 comments | 25 tweets | 34 linkedin

IMF managing director Christine Lagard believes virtual currencies might just give existing currencies and monetary policy a run for their money.

ANZ acquires proptech startup REALas
Retail banking

ANZ acquires proptech startup REALas

03 October 2017  |  4635 views  |  0 comments | 4 tweets | 3 linkedin

ANZ has acquired a startup that uses data analytics and crowdsourced market chatter to provide prospective home buyers with accurate predictions of property price momentum in Australia's fervent real estate market.

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