Category: Corporate Banking

December 17, 2021

Tinkoff, which currently serves more than 18.5 million customers, plans to open a subsidiary bank in the Philippines as part of its wider Asian expansion strategy. Reports that the firm was seeking a banking licence in the country came to […]

December 15, 2021

When it comes to payments, a sea-change is underway in the US, where a series of updates to existing payment rails, as well as the introduction of new, real-time solutions and overlay services, looks set to revolutionise payments as we […]

December 14, 2021

Overnight, the Bank of Canada (BoC) agreed to extend the 2% annual inflation mandate, which was set to expire on January 1. This allows BoC policymakers more flexibility in combating rising prices while waiting for the economy to absorb labor […]

November 30, 2021

The deal was undertaken on behalf of Tinkoff Business, the branch of Tinkoff Group that services SMEs and large businesses. Jump.Finance will be integrated into the Tinkoff Business ecosystem and retain its current team, including co-founders Mikhail Kirichenko and Anton […]

November 29, 2021

The takeover is intended to support the delivery of bill pay solutions and other real-time payment applications across Latin America. Arcus was launched in 2013 and its platform enables businesses to launch and offer payment solutions. Users include BBVA, Santander, […]

November 16, 2021

U.S. Bancorp, the parent company of U.S. Bank, has entered into an agreement to acquire TravelBank, a San Francisco-based fintech company that provides an all-in-one, tech-driven expense and travel management solution. TravelBank is easy to use for employees and helps […]

November 1, 2021

The J.D. Power survey included responses gathered between June and August from 7,327 small-business owners and “financial decision-makers.” The research firm found customer satisfaction ranked 13 points higher, on average — 829, among customers of national banks, as opposed to […]

October 27, 2021

Valley Bank, a $41 billion-asset institution based in New Jersey said its new payment platform will provide a solution to an industry-wide cash issue plaguing its cannabis-related businesses by allowing their customers access to a mobile wallet payment system. The […]

October 26, 2021

Competition in the banking sector has heated up over the past year as a result of the COVID-19 pandemic accelerating the shift to digital services. But, as businesses and local communities re-engage with more in-person interactions, community financial institutions (CFIs) […]

October 20, 2021

American Express and Goldman Sachs announced a collaboration on Wednesday to offer AmEx’s virtual cards through Goldman’s corporate banking platform, Goldman Sachs Transaction Banking (TxB). The new digital offering aims to make business-to-business (B2B) payments easier and more streamlined for […]