Bank of Montreal

108 results about this entity

Period: 22 Oct 2004 - 15 Mar 2024

Canadian bank-backed blockchain-based ID verification system launches

A Canadian blockchain-based digital identity verification network backed by the country's banking industry has gone live, giving people an easy way to share their personal information.

/payments

BMO signs on for Mastercard Send for faster global payments

Mastercard and BMO Bank of Montreal today announced that BMO will implement Mastercard Send to deliver faster, more cost-effective and transparent international payment services to its Canadian-based business and commercial banking clients.

/payments

BMO implements payments hub with ACI Worldwide

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, along with BMO Financial Group (BMO), announced today that BMO has rolled out ACI’s world-class payments hub within their business in just nine months, integrating a number of BMO's core payment systems and driving efficiencies for customers.

BMO pilots blockchain for fixed income issuance

Bank of Montreal's capital markets unit has piloted the use of a blockchain platform for a pilot fixed income issuance transaction.

BMO Harris teams up with fintech programme participants

Chicago-based BMO Harris Bank has begun working with two local fintech startups that it met through a mentorship programme.

Ascent RegTech chosen for BMO Harris / 1871 Innovation Programme

Chicago—Ascent Technologies, Chicago—Ascent Technologies, a leading regulatory technology (regtech) company, has been chosen as one of four startups to take part in the BMO Harris / 1871 Innovation Program.

Tether hires former BMO exec as compliance head

Tether Limited, the leading provider of tokenized traditional government-backed currencies, has appointed former AML Quality Control Manager at the Bank of Montreal, Leonardo Real, as Chief Compliance Officer (CCO).

BMO Capital Markets drives regulatory change management with JWG

JWG has announced a partnership with BMO Capital Markets (BMO) where it will provide BMO access to its AI-powered, natural-language processing change management system — RegDelta.

BMO and Simplii hackers demand ransom of $1m in XRP

The hackers who claim to have stolen the personal information of thousands of BMO and Simplii Financial customers are demanding a $1 million ransom in the form of Ripple's XRP, according to CBC.

BMO Private bank showcases AI expertise

Bank of Montreal (BMO), a Canadian financial services leader for more than 200 years, hosted Artificial Intelligence (AI) and tech professionals from Canada and Hong Kong to unveil innovative AI technology and applications.

BMO and Simplii say fraudsters may have accessed customer data

Bank of Montreal (BMO) and Simplii Financial, a digital bank owned by Cibc, are both warning customers that crooks are claiming to have stolen their personal data.

BMO Harris opens applications for fintech innovation programme

BMO Harris Bank today announced its second annual BMO Harris / 1871 Innovation Program, which is focused on engaging and mentoring early-stage technology startups that have innovative solutions in lending, financial planning, digital tools and data analytics.

Top tier banks pass first transactions on trade finance blockchain

Batavia, a blokchain-based trade finance platform developed by a consortium of international banks and IBM, has passed its first live pilot transactions with corporate clients.

BMO rolls out virtual assistants for Twitter and Facebook Messenger

BMO has partnered with two tech startups to roll out chatbot service assistants for Facebook Messenger and Twitter.

BMO to open Toronto 'urban campus'

The Bank of Montreal is set to open a massive, state-of-the-art 'urban work campus' in downtown Toronto to house 3500 staffers.

BMO Capital Markets turns to Trade Informatics for transaction cost analysis tools

BMO Capital Markets (BMO), the investment and corporate banking arm of BMO Financial Group (NYSE:BMO)(TSX:BMO), today announced that it has partnered with Trade Informatics (TI), a leading provider of quantitative analytics and systematic trading solutions to institutional asset managers.

Canadian banks rally round Montreal AI lab

BMO Financial group is to inject $2 million into a new AI lab in Montreal that will aim to help startups make the transition from science projects to high-growth companies.

UBS says 1,000 jobs Brexit exodus is "unlikely"

Swiss bank UBS has said that a migration of more than 1,000 jobs from London as a result of Brexit is "more and more unlikely" after receiving "regulatory and political clarifications".

Four more banks join IBM/UBS blockchain trade finance platform

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

Android Pay lands in Canada and Taiwan

Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.