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BMO Financial Group Announces an Upgrade of ATM Systems in Canada

BMO Financial Group has announced an upgrade program of 2,200 full-service ATMs across Canada.

Beginning with a national launch in January, and continuing over the coming months, the upgraded ATMs will provide customers with:

Intelligent touch screens;
The ability to make multi-deposit transactions;
Envelope-free deposits;
An instant on-screen view of scanned cheques and cash (bank notes) and print copy on transaction receipts; and
The ability to set preferences including language and fast cash withdrawal amount.

Friday, January 22, 2016 - 12:01
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P2P Mobile Payment System Expands in Hong Kong

The service will allow customers of the participating banks to transfer funds using just the recipient's mobile phone number. Banks participating in the venture include the Bank of China (Hong Kong), Bank of Communications, the Bank of East Asia, China CITIC Bank International, China Construction Bank (Asia), Citibank, Dah Sing Bank, DBS Bank, OCBC Wing Hang Bank, Shanghai Commercial Bank, Standard Chartered Bank and Wing Lung Bank.

Friday, January 22, 2016 - 11:42
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Samsung Pay Enters Spanish Market through CaixaBank

CaixaBank and its newly-launched mobile subsidiary imaginBank are to be the first in Spain to roll out mobile payments services on Samsung Pay.

CaixaBank launched its first mobile payment service, CaixaBank Pay, based on HCE technology, last September. The bank is an active partner of Samsung, however, running a series of promotional campaigns over the past few years to turn customers on to Samsung products, including tablets, televisions and smartphones.

The bank says Samsung Pay will be rolled out to customers over the next few months, following internal trials. 

Friday, January 22, 2016 - 11:08
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PACT Scheme Goes Live to Fight Against Late Payments

With research showing UK businesses are owed a staggering £41.5 billion in late payments, the PACT Scheme is today launching to lead the fight against late payment. The average late payment burden shouldered by SMEs now stands at£31,901.

Friday, January 22, 2016 - 10:53
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Financial IT Winter Issue 2016
Friday, January 22, 2016 - 10:33
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Financial IT January Issue 2016

A New Year  and a different one

The world has changed since Sibos. What are the implications for FinTech?

Friday, January 22, 2016 - 10:32
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ProPay and Tabs3 Team Up to Provide Integrated Electronic Payments

ProPay and TSYS company, today announced that Tabs3 Software has integrated with ProPay to deliver a fully integrated client bill-pay solution for law firms. Law firms can accept debit and credit cards or electronic funds transfers with instant online signup and no need to enter payment data twice. There is no longer a need to wait days for traditional merchant account underwriting.

Friday, January 22, 2016 - 10:06
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GFT Group Announces Appointment of John Downing as Enterprise Architect

GFT, the leading provider of business, design and technology consulting to the investment banking community, today announces the appointment of John Downing, Enterprise Architect and Programme Manager.

John joins GFT with over 20 years’ experience as an entrepreneurial, pragmatic and successful enterprise architect and ProgrammeManager in treasury and investment banking.

Friday, January 22, 2016 - 09:42
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Oakam Selects Provenir’s Risk Decisioning Platform

Provenir, the risk analytics and decisioning solutions provider, today announces that fintech lender Oakam has chosen its platform to help it deliver rapid, accurate loan decisions to personal customers.  

Friday, January 22, 2016 - 07:19
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Startupbootcamp FinTech New York Announces Major Strategic Partnership

 Startupbootcamp FinTech New York, the leading global FinTech accelerator, today announced new partnerships with Deutsche Bank, Route 66 Ventures and WilmerHale, further expanding the participation in its FinTech Accelerator program. The New York FinTech program welcomes them on board to provide expertise, exposure channels, APIs and access to a network of industry professionals, that most early-stage FinTech startups would not otherwise be able to access.

Friday, January 22, 2016 - 07:12
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