CIBC builds Messenger digital assistant for sending money overseas

The Canadian Imperial Bank of Commerce (CIBC) has launched a digital assistant that helps clients track foreign exchange rates and send money overseas through Facebook Messenger. Called Remi, the assistant...
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Facebook Messenger P2P payments arrive in the UK

British Facebook users can now send money to each other through the social network giant's Messenger app. Facebook has got all the major UK banks and card firms onboard for...
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Swift to support instant payments in Hong Kong

As banks face growing challenges due to evolving payment systems and the global shift to real-time payments, SWIFT is providing the Hong Kong financial community with an enterprise messaging and...
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Citi extends global footprint for Payer ID

Citi's Treasury and Trade Solutions (TTS) has expanded its Citi Payer ID offering to 17 new markets across North America and Western Europe, making it now available in 44 countries....
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SIA to open network nodes to R3 blockchain apps

Italy's SIA is to set up a 600 node network for bank clients, government agencies and corporates to connect to blockchain apps developed by the R3 consortium. SIA says it...
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Fail fast solutions through fintechs

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It’s what you do with the gpi, not the gpi itself

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Saving the traders' precious time

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5 Retailers Winning the Battle for Next-Gen Talent

In order to provide an engaging and memorable customer experience retailers need to attract savvy in-demand associates. As retailers continue to onboard new digital capabilities, they need a workforce capable...
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PSD2 the first instantiation of a more open banking environment

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Seizing the opportunity to collaborate

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Payments transformation: banks reveal why it is worth it– new Finextra report

Payments transformation is central to banks’ view of how their business will develop. And answers are being formulated as to how real time can generate new revenue streams, as revealed...
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TerraPay and Wari partner for cross-border money transfers to mobile wallets and bank accounts

TerraPay, the world’s first mobile payments switch, and Wari, a global platform offering digital financial services have signed a strategic partnership agreement that will strengthen the remittances ecosystem in 35...
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CVS Pharmacy Launching Next-Day Prescription Delivery

CVS Pharmacy plans to deliver prescriptions directly to patients' doors with nationwide next-day delivery beginning in early 2018. Select cities will also offer same-day delivery within hours. The news from CVS comes amid speculation...
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KBC launches dashboard for cross-border payments tracking

Corporate clients at KBC and CBC had a general upgrade of their international payments capability. This enables them to monitor the status and cost of their outgoing cross-border payments by...
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Brand Uptime and its Impact on Customer Experience

The retail industry is shifting, initially catalyzed by e-commerce, and furthered by an unending parade of new technology and changing strategies. At the same time, customer demand has only become...
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Starbucks Shoppers Embrace Mobile Ordering in Droves

One in ten Starbucks transactions in U.S. company-operated stores is completed with Mobile Order and Pay. What's next for the coffee guru? One in ten Starbucks transactions in U.S. company-operated...
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Paytm takes on messaging apps with chat feature

Indian mobile wallet giant Paytm has added a chat feature to its app as it seeks to defend its ground against messaging outfits, such as Whatsapp, entering the payments space....
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Cardless ATMs: Best Practices To Support Cardless ATM Innovation

A number of major financial institutions are continuing to innovate with their cardless ATM capabilities, allowing customers to withdraw money from an ATM using a mobile app to initiate the...
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Immunising customers from fraud patterns

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