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Tag: BMO Financial Group

Bank Consortium to Launch “Paze” to Challenge Big Tech’s Fintech Dominance

Mobile Wallet | Sep 20, 2023 Image: Paze websiteMajor American banks like JPMorgan Chase, Bank of America, and Wells Fargo are gearing up to...

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BMO Financial Group ups tech investments

BMO Financial Group increased its technology spend in the third quarter as the bank invested in digital-first efforts and talent. The Montreal-based bank reported...

BMO Financial Group taps UiPath for unattended bot implementations

Robotic process automation (RPA) initiatives have created “millions of dollars” in value for BMO Financial Group, but the bank’s efforts are now shifting to...

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, Daniel Seay, Fifth Third Bank’s senior vice president and director of wholesale transformation, said during the “Modernizing Commercial Lending through Automation” session at last week’s Bank Automation Summit. Modern software development and IT operations (DevOps) […]

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