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Meijer Stores to Accept Chase Pay

Meijer customers across the Midwest are in for a faster and more rewarding checkout experience when Chase Pay, the digital engagement wallet from JPMorgan Chase, rolls out in stores later this year. 

Chase Pay will allow millions of Chase card customers to check out with their mobile phone when visiting their favorite local store.

With more than 235 stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin, Meijer is a leading retailer in the Midwest to accept Chase Pay at checkout.

Monday, March 5, 2018 - 09:18
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March Issue 2018
The Open Banking revolution…and how it could unfold
 
This March 2018 edition of Financial IT comes between two key dates. One is 13 January 2018, when the second Payments Services Directive (PSD2) came into effect in the European Union (EU). The other is 25 May 2018, when the EU’s General Data Protection Regulation (GDPR) will come into effect.
 
Monday, March 5, 2018 - 07:34
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Financial IT
BBVA Doubles Digital Sales in One Year

BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. BBVA’s drive towards delivering a world class digital banking experience has taken another step forward. 

Over the past year the bank has seen an almost twofold year on year increase in the number of products and services its customers and clients are taking-up via digital channels.

Since January last year, when digital sales accounted for around 20% of all products or service sold, more and more customers have been using digital channels to bank.

Monday, March 5, 2018 - 07:29
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Bank Frick Launches Up Cryptocurrency Trading and Safekeeping Service

Bank Frick is the first financial institution in Liechtenstein to offer the trading of five leading cryptocurrencies and secure safekeeping via offline storage. 

Monday, March 5, 2018 - 07:26
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Pundi X will Ship 4,000 Blockchain-based POS Devices in Q2 2018

Pundi X, a multi-cryptocurrency point-of-sale ("POS") solutions provider for physical retail stores, today announced that it will ship 4,000 Pundi X POS devices in Q2 2018. The first batch of these 4,000 blockchain-based POS devices will be delivered to Japan, Korea, Singapore, and Switzerland, enabling both the retailers and the consumers to do cryptocurrency to fiat or fiat to cryptocurrency transactions easily.

Monday, March 5, 2018 - 07:14
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Wilshire Associates selects Milestone Group’s pControl multi-asset solution for OCIO business

Milestone Group, the global provider of investment technology and processing solutions for institutional investors, today announced that Wilshire Associates has selected its pControl multi-asset platform to support the growth of Wilshire OCIO Solutions.

Monday, March 5, 2018 - 07:02
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Leumi ABL Selects Encompass Confirm

The specialist asset based lending subsidiary of Bank Leumi (UK) plc, part of the Bank Leumi Group, has selected encompass confirm to support and enhance their Know Your Customer (KYC) compliance processes.

Leumi ABL provides invoice finance, stock finance, and plant and machinery finance.

The only provider of simultaneous, real-time access to multiple sources of global company and person data, encompass corporation is the creator of KYC automation for major global financial and professional service firms. 

Friday, March 2, 2018 - 09:52
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Cisco and Portugal's Government Announce Collaboration to Accelerate Country Digitization

The Government of Portugal and Cisco signed a memorandum of understanding (MoU) to accelerate country digitization. The signing followed a meeting yesterday between Portugal's Prime Minister António Costa, Cisco Chairman and Chief Executive Officer Chuck Robbins, and Sofia Tenreiro, General Manager of Cisco Portugal.

Friday, March 2, 2018 - 09:48
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Learnings from the PNB Saga: Control Fixes at Banks

Reams have been written about who, whom, and how the fraud was perpetrated in the PNB story and it’s likely that the fraud will become a case study in business schools, and part of credit training at banks and Financial Institutions, regarding the ‘Do’s’ and ‘Don’ts’ when lending. While the fraud itself is best left to the investigating agencies to explore, there are a number of learnings for bankers even at this early stage of investigations.

Friday, March 2, 2018 - 09:47
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eInvoicing: Proof that It’s as Important for Your Staff as It is for Your Customers

There’s no denying that digital transformation is making a huge impact across the financial landscape for customers. There are mobile banks aimed at millennial customers, airports accepting cryptocurrencies and products which are increasingly personalised towards individual customers’ needs.

Friday, March 2, 2018 - 09:37
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