BMO converting to cloud-based risk management analytics
Bank of Montreal will leverage a proprietary, cloud-based, risk management analytics solution to forecast loan loss scenarios faster and with ...
Tag: Bank of Montreal (BMO)
Listen: Weekly Wrap looks at automation journeys in commercial lending
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team discusses the recent Bank Automation Summit ...
Fintech Funding: BMO offers $2.7B in public offering of common shares
To fund its acquisition of Bank of the West and its subsidiaries, the Bank of Montreal is offering 18,125,000 common ...
5 automation strategies banks can adopt today
Attendees at the recent Bank Automation Summit were presented with new ideas, strategies and practical applications for automation. Bank Automation ...
BMO deploys multicloud on AWS and Azure
The Bank of Montreal is on a digital journey that it measures beyond the traditional cost-related key performance indicators (KPIs) ...
Fifth Third Bank takes aim at mainframe obstacles
CHARLOTTE, N.C. — Legacy technology is a barrier to automating commercial lending at banks. Mainframe systems, in particular, complicate automation, ...
Transactions: Banks deploy technologies from Copper.co, Pindrop, Zebra Technologies and Scienaptic AI
State Street Bank announced today that it will leverage Copper.co, a London-based provider of digital asset custody and trading infrastructure, ...
Scotiabank’s active mobile users increase 13% YoY
Digital adoption continues to rise at Scotiabank, with active mobile users increasing 13% year over year and the percentage of ...
BMO taps document AI for lending workflow automation
CHARLOTTE, N.C. — Unstructured data in documents is an automation focus for the Bank of Montreal. The $773 billion bank ...
BMO uses fraud analytics platform Pindrop to improve security
CHARLOTTE, N.C. — The Bank of Montreal saw improvements in its fraud monitoring once it started using the Pindrop platform ...
