Latest news with #PeterPoon
Cision Canada
a day ago
- Business
- Cision Canada
BMO Recognized with 2025 Celent Model Bank Award for Payments Innovation Français
TORONTO and CHICAGO, June 19, 2025 /CNW/ - BMO today announced it has received the 2025 Celent Model Bank Award for Payments Innovation for five digital payments and client experience initiatives across Canada and the U.S. Digital Card Controls Suite – Canada: BMO Digital Card Controls Suite is a quick solution for clients facing pressing issues such as a lost wallet, damaged cards, or forgotten PINs. With this convenient solution, clients are empowered to manage their cards anywhere and at any time. Unified Push Provisioning – Canada: BMO's Unified Push Provisioning integration enables clients to access their debit or credit cards securely through multiple Google platforms including digital wallets, an automated fill on Google Chrome's web browser as well as save card payment information across stores powered by Google's checkout platform. In addition to improving client experiences, it enhances security through tokenization and enables enhanced fraud checks and seamless connectivity. Enhanced Transaction Details – Canada: The debit and credit enhanced transaction details initiative helps clients make real financial progress by ensuring they are equipped with valuable information to recognize their transactions and have a better understanding of their personal financial management. Available for both debit and credit purchases, clients can quickly convert transactions to installments, gain insights into their spending habits and access more information about a transaction. Direct Deposit Setup and Soft Credit Pull – U.S.: By embedding a direct deposit setup, clients can seamlessly connect their payroll system to their new BMO accounts, activate and fund their accounts and enjoy BMO's offerings instantly. The bank's soft pull inquiry process enables clients to receive real-time and accurate credit eligibility decisions, empowering clients to assess credit eligibility and explore credit options with confidence. FundsNow – U.S.: A check deposit solution, FundsNow grants users immediate and guaranteed access to their eligible mobile-deposited checks, eliminating the need for in-person branch visits. Clients can feel confident when accessing their funds conveniently and confidently on their own terms and in the channel of their choice. "This recognition exemplifies BMO's commitment to delivering great banking experiences across Canada and the United States," said Peter Poon, Head, Digital Self-Service, Innovation and Technology, BMO. "By continuously innovating across our digital payments ecosystem with leading partners like Google, we are helping clients make real financial progress on their terms and with confidence." BMO continues to pave the way as a digitally enabled, future-ready bank, focused on delivering leading digital experiences that help customers make real financial progress. These awards represent another step in BMO's Digital First journey and build on the bank's strong track record of industry recognitions. BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
Cision Canada
27-05-2025
- Business
- Cision Canada
BMO Ranked First in EMARKETER's 2025 Canada Mobile Banking Features Benchmark Français
TORONTO, May 27, 2025 /CNW/ - BMO today announced it ranked first in EMARKETER's 2025 Canada Mobile Banking Features Benchmark for the second consecutive year. The recognition reflects BMO's leadership in digitally-enabled, customer-focused solutions with its Mobile Banking app, achieving top rankings in categories including account management, alerts, digital money management, and security. This recognition demonstrates the ongoing success of BMO's Digital First journey and builds on the bank's strong track record of industry recognition. "This recognition is a testament to our commitment to create innovative digital experiences to meet our customers where they are and support their financial journey," said Peter Poon, Head, Digital Self-Service, Innovation and Technology, BMO. "Our strategy continues to be guided by a focus on helping customers make real financial progress." EMARKETER's 2025 Canada Mobile Banking Features Benchmark is a ranking of leading Canadian financial institutions based on mobile banking service capabilities, weighted by customer demand on 42 features across six categories. BMO has maintained its position as a market leader among the six categories including Account Management, Alerts, and Digital Money Management categories; the bank also ranked first in Security for the first time. For more information about EMARKETER's 2025 Canada Mobile Banking Features Benchmark, please visit: For more information on BMO's tools and resources available to help customers set, track, and manage their personal finances, please visit: About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
Yahoo
27-05-2025
- Business
- Yahoo
BMO Ranked First in EMARKETER's 2025 Canada Mobile Banking Features Benchmark
TORONTO, May 27, 2025 /CNW/ - BMO today announced it ranked first in EMARKETER's 2025 Canada Mobile Banking Features Benchmark for the second consecutive year. The recognition reflects BMO's leadership in digitally-enabled, customer-focused solutions with its Mobile Banking app, achieving top rankings in categories including account management, alerts, digital money management, and security. This recognition demonstrates the ongoing success of BMO's Digital First journey and builds on the bank's strong track record of industry recognition. "This recognition is a testament to our commitment to create innovative digital experiences to meet our customers where they are and support their financial journey," said Peter Poon, Head, Digital Self-Service, Innovation and Technology, BMO. "Our strategy continues to be guided by a focus on helping customers make real financial progress." EMARKETER's 2025 Canada Mobile Banking Features Benchmark is a ranking of leading Canadian financial institutions based on mobile banking service capabilities, weighted by customer demand on 42 features across six categories. BMO has maintained its position as a market leader among the six categories including Account Management, Alerts, and Digital Money Management categories; the bank also ranked first in Security for the first time. For more information about EMARKETER's 2025 Canada Mobile Banking Features Benchmark, please visit: For more information on BMO's tools and resources available to help customers set, track, and manage their personal finances, please visit: About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society. SOURCE BMO Financial Group View original content:
