Managers of Wealth Americas

Deep Dive: Bank of America’s Consumer Banking Machine

This operation spans everything from basic checking accounts and credit cards to digital platforms and wealth management tie-ins.

U.S. remains top debtor of Taiwan banks for 41st straight quarter

Data released over the weekend showed Taiwanese banks' exposure to the U.S. rose US$4.03 billion, or 2.07 percent, from the end of June to US$198.896 billion at the end of September.

These are the 3 best banks in the United States, according to their customers

Capital One tops the list for the sixth consecutive year.

Prometeo Launches Name Match to Expand U.S. Bank Account Ownership Verification

The rollout reflects growing demand for stronger pre-payment controls in a payment environment where fraud attempts and misdirected transfers continue to rise.

Powering the future of embedded finance: BMO launches North American payment

The result? Real-time statuses, greater automation and a seamless experience – all without the need to switch between systems.

Scotiabank approved to swap part of Latin American operations for stake in Colombia’s Davivienda

The Canadian bank announced the agreement in January to swap the operations for a 20 per cent stake in the Colombian financial institution.

Félix Collaborates With Mastercard to Accelerate U.S.–to–Latin America Remittances

Félix will leverage Mastercard Move to deliver faster, more transparent, and secure payment experiences for individuals and families.

Canada’s 2025 budget plan includes new stablecoin rules, Real-Time Rail launch

The budget outlined a clear focus on developing Canada’s core banking systems, expanding digital remittance options, and fostering competition in financial services.

Wells Fargo Backs South Dallas Growth With $6.8 Million in Grants

Funding will support entrepreneurs, housing, workforce training, and renovations of commercial property like the iconic Forest Theater

Brazil’s Lending Growth Slows Amid High Rates

Credit expansion cools as interest rates impact Latin America's largest economy

BBVA expands instant payments to inbound cross-border transfers from outside the eurozone

BBVA has launched a new service that enables financial institutions outside Europe to send payments to Spain in just seconds, at any time of day and on any day of the year.

Zacks Industry Outlook Highlights Bank of New York Mellon, Truist Financial and Northern Trust

This, along with modest economic growth, will lead to a slight rise in loan demand.

Small Business Checkpoint: A case of the hiring hiccups

Overall small business hiring fell for the third consecutive month in July as cost pressures and business uncertainty increased.

Aqua Finance and Wells Fargo Inventory Finance Announce Retail Financing Program

Streamlines options for dealers by integrating retail financial services, provided by Aqua, and floor planning financing provided by Inventory Finance

RBC and BMO explore $2bn sale of Moneris payments business - Reuters

Banks have shed their payments operations in recent years; last month another Canadian lender, TD, agreed to offload part of its merchant processing business to Fiserv.

Scotiabank integrates with Nova Credit

Scotiabank was the first Canadian bank to partner with Nova Credit in 2023 and is now the first to embed this capability directly into its digital credit card application process.

First Financial expands US footprint with $142m BankFinancial acquisition

The deal follows First Financial's recent agreement in June to acquire Northeast Ohio-based Westfield Bank for $325 million.

Western Union to acquire Intermex

This acquisition strengthens Western Union’s retail offering in the U.S.

U.S Bank Marks 25 Years in Europe With Spotlight on Irish Origins, Innovation and Community Leadership

This marked the first step in what would become a decades long commitment to Ireland as a hub for talent, technology and transformation.

Mastercard and BMO Expand Remittance Services

The service is powered by Mastercard Move’s global money movement capabilities.

Retail Banking