Category: Corporate Banking

September 26, 2023

The soft-launched service seeks to enable the bank’s clients to complete high-value transfers between Bahrain and the US through JP Morgan’s Coin Systems, which sits upon the JP Morgan Onyx blockchain system which was launched in 2020. Coin Systems supports […]

September 21, 2023

U.S. Bank today unveiled an online marketplace of third-party payment and treasury solutions that are fully integrated with U.S. Bank systems. The U.S. Bank Connected Partnership Network helps corporate treasury teams easily identify and adopt technology connected with the bank, […]

September 20, 2023

Community banks have long played a pivotal role in supporting small businesses, providing the necessary capital for local entrepreneurs growing or expanding their ventures. It is estimated that community banks account for approximately 60% of small business loans, according to […]

September 14, 2023

U.S. Bank today announced a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue. Newly appointed Head of Healthcare Business Banking Joe Persichetti will lead this effort, working with teams across banking, payments, and […]

August 29, 2023

Founded in 1983 and headquartered in Overland Park, Kansas, Creative is a wealth management firm specialising in financial planning, investment management and retirement funds and has around $245 billion in combined assets under management and advisement. The firm has adopted […]

August 21, 2023

If an ICG split happens, it wouldn’t be the first time a major Wall Street bank has spread out responsibility from two or three pillars to five. Wells Fargo in 2020, split its wholesale bank into a commercial unit and […]

July 26, 2023

Banc of California agreed to buy PacWest Bancorp in a deal that includes a $400 million investment from Warburg Pincus and Centerbridge Partners, and gives the private-equity firms a 19% stake in the combined company. The combined company is expected […]

June 27, 2023

U.S. Bank today launched its first emerging middle market-focused commercial card solution, the U.S. Bank Commercial Rewards Card. Powered by TravelBank – the award-winning fintech U.S. Bancorp acquired in 2021 – the new all-in-one card, expense and travel management solution […]

May 10, 2023

By leveraging Stripe’s Connect and Checkout solutions, WhatsApp will provide Singapore customers and businesses with a new feature that allows them to buy and sell directly on WhatsApp, without having to go to another website or app to complete the […]

May 2, 2023

U.S. Bank announced it is teaming up with Meta Prosper, Meta’s Asian Pacific Islander community support program, to provide financial literacy resources and programming to support Asian small businesses during Asian American Native Hawaiian Pacific Islander (AANHPI) Heritage Month and […]

April 28, 2023

U.S. Bank is introducing a new Business Diversity Lending Program that will expand the ability of diverse business owners to obtain capital, building upon the bank’s broader efforts to support under-represented businesses and help address the wealth gap. Through the […]

April 17, 2023

Owners Bank will offer business interest checking and savings accounts equipped with digital tools to help small businesses manage their finances, set up savings goals and send and accept digital payments. Users will have access to a personalised dashboard that […]

April 5, 2023

Kyriba’s API Connectivity Network integrates banks, enterprise resource planners (ERPs), trading portals, data services and payment apps using pre-built connectors to minimise IT installation time and cost. US Bank and Kyriba clients can now send instant payments to vendors, customers […]

March 31, 2023

These businesses are significant players in the economy, driving growth and operating across all industries. While their impact is huge, the financial needs of SMBs are different from big businesses. There is a growing demand for financial institutions to deliver […]

March 23, 2023

The acquisition, expected to close in H1 2023, will build out JP Morgan’s private markets platform for companies, employees and investors. The US multinational says the deal will complement its recent acquisition of Global Shares and the launch of its […]

March 16, 2023

The new offering, which can be integrated into existing checkouts via an API, will enable multinational corporates to provide payment alternatives such as BNPL to their business customers. Hokodo says that through its real-time credit decision process and “highly configurable” […]

March 7, 2023

A class-action lawsuit filed against Bank of America last month claims the bank misrepresented the amount of pandemic aid small business owners were eligible for, leaving firms saddled with unforgivable debt. Three California-based small businesses — Happy Puppy LA, Brandamize […]

February 15, 2023

IDB Bank (IDB), a New York-based private and commercial bank, has announced the expansion of its Sponsor & Leverage Finance team. As part of this expansion, IDB aims to further its presence within the leverage finance space, a key area […]

February 7, 2023

The investment, the financial details of which are undisclosed, marks the company’s return to the South Korean market after its exit in 2021. Announcing the deal, Binance says that in November, Gopax “halted the withdrawal of principal and interest payments […]

February 1, 2023

FNZ acquired Swiss private banking technology firm New Access for an undisclosed sum last year, which provides a scalable and modular “core-to-digital” banking tech suite designed to meet the specific requirements of the private banking and wealth management industry. Bergos […]