Sibos 2023: BMO taps DailyPay to offer earned wage access to commercial clients
The news was announced at the Sibos conference, which is being held in Toronto, Canada, this year.
BMO
BMO seeks to modernise payment flows through Modern Treasury partnership
BMO is looking to improve high-volume payment flow management for its commercial banking clients.
Canada’s BMO acquires Bank of the West from BNP Paribas in $16.3bn deal
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
BMO picks AWS in push to become “cloud-first organisation”
The Canadian bank plans to move strategic internal workloads to AWS.
BMO to acquire Clearpool
The transaction is subject to receipt of required regulatory approvals & conditions.
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
BMO in paytech revamp with ACI Worldwide
The real-time payments project was completed in nine months.
JWG is a natural language fit for BMO
Tackling regulation head on.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
BMO launches banking chatbot with Finn.ai
The new chatbot – BMO Bolt – is available via Facebook Messenger.
