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Tag: banking


Capital and risk, Credit

Corporate vs. Business Credit Cards: Which Is Best for Your Bottom Line?

October 10, 2017

Via: GOBankingRates

Corporate and business credit cards are two different things. Corporate credit cards are typically issued to businesses with revenues of several million to billions of dollars, and the company, not an individual, is liable for any nonpayment issues. Business credit […]


Products, Retail banking

Report: JPMorgan Most Popular Brand, U.S. Bank Most Loyal Customers

September 25, 2017

Via: ABF Journal

Brand Finance conducted research on bank brands in 22 markets to see how customers’ opinions have changed in an era of major disruption to the industry. David Haigh, CEO of Brand Finance, commented, “As global banks retreated after the Great […]


Products, Retail banking

Big tech eyes up banking

September 20, 2017

Via: Finextra

Mark Rodrigues, senior adviser at New York-based M&A advisory firm Arma Partners, analyses the prospect of Google, Amazon, and other large-cap tech players making acquisitions to establish themselves as dominant forces within the financial services sector The paper asks: “What […]


Capital and risk, Credit

U.S. Bank Provides $125MM Facility to Utah Jazz

September 14, 2017

Via: ABF Journal

U.S. Bank provided a $125 million credit facility to the Utah Jazz. The team is using the proceeds to renovate Vivint Smart Home Arena, which will reopen on September 27 after a summer of extensive upgrades. U.S. Bank initially provided […]


Capital and risk, Operational

New UK Payment System Operator formed

September 13, 2017

Via: Finextra

The Payment Systems Regulator (PSR) and Bank of England (BoE) have today announced that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver against the mandate that the regulators tasked it with. Following the appointment […]


Activity, Channels, Investment banking

FactSet wins contract with National Bank Investments

September 12, 2017

Via: Finextra

FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that National Bank Investments Inc. (NBI) selected FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence […]


Activity, Corporate banking

American State Bank Adds Two Commercial Lending Officers

September 12, 2017

Via: ABF Journal

American State Bank added Todd Tutt and Richard Solomon as senior vice presidents, Commercial Lending. Tutt and Solomon will serve the Tyler, TX area’s commercial clients, providing customers with swift, local decisions for the full suite of consumer and commercial […]


Products, Retail banking

Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

Via: GOBankingRates

Whether you’re looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal — and […]


Activity, Investment banking

Largest US pension fund CalPERS in talks with BlackRock to outsource buyout business, source says

September 8, 2017

Via: CNBC

The California Public Employees’ Retirement System (CalPERS) is in talks to outsource its private equity business to BlackRock, according to a person familiar with the matter. The largest U.S. pension fund’s discussions with BlackRock about managing some or all of […]


Capital and risk, Operational

MoneyGram expands MobilePass to 35,000+ locations

September 8, 2017

Via: Banking Technology

The second largest remittance provider in the US, MoneyGram, is expanding its MobilePass service to its entire US network of 35,000+ agent locations, reports Paybefore (Banking Technology’s sister publication). Initially launched as a pilot programme inside 3,000 US agent locations […]