Category: Activity

October 26, 2023

Banks are more effective in helping small-business owners navigate the present market conditions with improved digital tools and more supportive relationship managers, the J.D. Power 2023 U.S. Small Business Banking Satisfaction Study published Thursday finds. Compared to last year, small-business […]

October 24, 2023

Launching initially for European B2C e-commerce firms, the Paris-based fintech will provide a full-service payment platform enabled via API integrations. Its core suite will include cash-in features such as support for multiple payment acceptance capabilities and cash-out features such as […]

October 23, 2023

The solution leverages Mastercard’s open banking technology to enable consumers to share their financial data to pay third parties directly from their bank account using traditional ACH banking rails. This process eliminates the need for customers to manually enter their […]

October 20, 2023

Navan’s travel and expense management solution has been combined with the bank’s commercial card offerings by leveraging Navan Connect, its card link technology. This new system will initially be available only to US-based commercial clients. “Citi and Navan are now […]

October 18, 2023

Enterprise cash management fintech Trovata has partnered with JPMorgan to provide the lender’s corporate investment banking customers with a new level of automation for the office of the CFO, the firm announced Tuesday. JPMorgan Treasury Workstation and JPMorgan Multibank Reporting […]

October 17, 2023

NMTCs typically come with favourable interest rates and non-traditional financial terms and conditions, helping to attract investment from private entities, banks and corporations. Investors then leverage the NMTCs to finance development projects in underserved and low-income communities, often in the […]

October 17, 2023

JPMorgan Chase is bolstering the unit of the bank that serves startup clients as it looks to fill a void left by several regional lenders that collapsed this spring. The New York City-based bank this year added close to 200 […]

October 6, 2023

The plan, which is expected to run over the course of three years, is comprised of a series of investment goals and targets, which if achieved, are intended to “make a meaningful and positive impact in communities” served by the […]

October 4, 2023

Small-business owners are increasingly relying on digital financial tools to help them manage spend, process payments, track payroll expenses, and handle other administrative tasks, according to the Financial Technology Association. That’s why the trade group, which represents 26 fintechs, says […]

October 3, 2023

Holiday shoppers this year may have less room on their credit cards, and little enthusiasm for making that worse. In July, 61% of U.S. consumers lived paycheck to paycheck, 2 percentage points more than a year ago, according to research […]

October 2, 2023

The largest U.S. bank by assets is making a bid to better compete for small businesses, sending a signal to the rest of the industry that there may be an overlooked threat from competitors like Square, the financial services provider […]

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 […]

September 13, 2023

For banks competing with an increasing number of fintechs and nontraditional lenders for depositors, offering attractive deposit pricing is crucial. As deposit rates have risen rapidly, customers are increasingly cognizant of where they’re putting their money. “Higher interest rates, as […]

September 12, 2023

Citizens Financial Group unveiled plans to launch a private bank later this year at the Barclays Global Financial Services Conference in New York City Monday. Citizens Private Bank will offer personal banking, mortgage and retail lending, wealth management and business […]

September 5, 2023

Utilising Network International’s acceptance solutions and “decades of expertise” in card processing and value-added services, JP Morgan Payments aims to “expand and complement” its existing payment offerings in the region. Founded in 1994 and headquartered in Dubai, Network International offers […]

August 30, 2023

MoonPay Ventures aims to focus on early-stage companies looking to build Web3 experiences and drive “industry-wide value” through increased adoption of the technology. It has already made a number of investments in the space, including in companies such as BCB […]

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 […]