Tagged: bank of montreal

June 29, 2022 @ 8:14 pm By Omar Faridi  |  

CanDeal Group, an operator of Canadian market and infrastructure services, has teamed up with five of Canada’s biggest local banks “to deliver a comprehensive, centralized Know Your Client (KYC) solution to the Capital Markets Industry.” The collaboration mutualizes many of the costs and efforts of… Read More

November 10, 2020 @ 10:37 pm By Omar Faridi  |  

The Bank of Montreal (TSE: BMO), a Canadian multinational investment bank and financial services firm, has reportedly introduced an AI-enhanced feature for its personal financial management (PFM) platform that helps clients with identifying potential cash shortfalls. According to a release, BMO’s CashTrack Insight feature uses… Read More

August 16, 2020 @ 5:38 pm By Omar Faridi  |  

The Bank of Montreal (BMO), a Canadian multinational investment bank and financial services company with over 45,000 employees and a more than 850 billion CAD in assets, has created an API portal to allow small business clients to easily and securely share their data with… Read More

April 26, 2020 @ 2:37 pm By Omar Faridi  |  

The largest financial institutions in Canada have reportedly spent over $71 billion (appr. C$100 billion) on technology since the financial crisis, in order to accommodate an increasing number of customers who now prefer to use digital banking platforms. According to several reports, the Coronavirus (COVID-19)… Read More

July 13, 2018 @ 8:23 am By JD Alois  |  

Tether, a provider of tokenized traditional fiat currencies, has selected former AML Quality Control Manager at the Bank of Montreal, Leonardo Real, as their Chief Compliance Officer (CCO). Launched in 2014, Tether claims to be the first blockchain-enabled platform to allow traditional currencies to be… Read More

March 30, 2018 @ 8:38 am By JD Alois  |  

While the Bank of Montreal (BMO) has not made any public pronouncements we are aware of, the Canadian Bank has apparently decided cryptocurrency is too dodgy for their customers. This week a poster on Reddit shared a BMO Bulletin (#632) entitled Blocking Cryptocurrency Transactions for… Read More

April 21, 2016 @ 11:38 am By Erin Hobey  |  

BMO Financial Group wants to ensure that the next big idea gets the support needed to ensure the idea come to fruition and will ultimately benefit Canadian consumers. By partnering with the DMZ at Ryerson University, one of Canada’s largest business incubators, BMO hopes to identify innovative minds geared toward… Read More