Bank of Montreal

Visa, Mastercard, SAP, Circle and many other financial firms are launching digital card accounts with an emphasis on B2B clients.

The Toronto-based company is now forecasting more than $800 million USD in annual cost savings as a result of its Bank of the West acquisition in February. That's up nearly 20% from an earlier projection.

Executives at Capital One, U.S. Bank, BMO and Atlantic Union Bank are striving for seamless onboarding and more efficient branch bankers, among other projects on their technology drawing boards.

In September, BMO said it was shutting its indirect retail auto finance business as the bank shifted its resources to other areas.

BMO Financial Group is the fourth bank to partner with the fintech to enable employers to offer early access to the wages they pay.

BMO says the shutdown will result in job losses as it shifts its resources to other areas.

Globally, deal values have fallen more than 40% this year to $1.2 trillion, according to data compiled by Bloomberg.

Speakers at American Banker's Most Powerful Women in Banking gala acknowledged that many women have made it to high positions, but the number of female CEOs is still tiny.

Bank of Montreal agreed to buy carbon credits from CarbonCure Technologie, a company backed by investors including Amazon.com.

At American Banker's Small Biz Banking conference, bankers said they are throwing community events, working with local nonprofits and trying to turn lending decisions from "no" to "yes."