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Category: Corporate Banking


Activity, Corporate Banking

Mastercard launches new initiative to support minority-owned fintech start-ups

June 11, 2021

Via: FinTech Futures

The programme, part of the company’s Start Path initiative, aims to give minority-led start-ups access to the support and funding necessary to scale. Start Path participants will receive direct access to the company’s channels, customers and product teams as well […]


Activity, Channels, Corporate Banking

AmEx, Synchrony bid to wrest Amazon card portfolio from JPMorgan Chase

June 9, 2021

Via: Banking Dive

American Express and Synchrony are among the bidders looking to replace JPMorgan Chase as the issuer of Amazon’s co-branded credit card, Bloomberg and Reuters reported Tuesday. JPMorgan could get a 15% premium on top of the balance — which is […]


Activity, Channels, Corporate Banking

Goldman Sachs taps Visa for cross-border payment upgrade

June 7, 2021

Via: Payments Dive

Cross-border payments have long been complicated, slow, and expensive for businesses, with a labyrinth of correspondent banks, compliance requirements and entrenched systems often bogging down the movement of money. Lately, digitization of services and new software tools have set off […]


Activity, Corporate Banking, Investment Banking

Mastercard bets on matchmaker of small banks, fintechs

June 4, 2021

Via: Banking Dive

Synctera’s ability to haul in so much money probably has something to do with the marquee Silicon Valley name leading the company, CEO and co-founder Peter Hazlehurst, who headed ride-hailing company Uber’s management of global money flows. He left last […]


Activity, Capital and Risk, Corporate Banking, Credit

TD Bank pledges $100M to minority-owned small-business lending

June 1, 2021

Via: Banking Dive

TD Bank’s recent pledge to boost lending to minority-owned businesses comes as a recent report from the Federal Reserve Bank of New York found that many Black-owned businesses, many of which lacked existing relationships with traditional banks, leaned harder on […]


Activity, Corporate Banking

Bankers’ main CFO gripe: lack of transparency

May 14, 2021

Via: Banking Dive

A CFO that was trying to time the market before executing an interest rate swap waited too long and ended up costing the company a significant amount of money, a mistake that could have been avoided by using a tool […]


Activity, Corporate Banking, Regulations

Vice President Harris leading small business outreach in White House recovery plan push

May 5, 2021

Via: CNBC

As the White House attempts to sell President Joe Biden’s multitrillion-dollar rescue and recovery plans across the country, Vice President Kamala Harris is taking on a leading role as an ambassador to small businesses, particularly in underrepresented communities. On Wednesday, […]


Activity, Corporate Banking

Mastercard announces an investment and a partnership in Black-owned businesses

April 20, 2021

Via: CNBC

Mastercard announced Tuesday a multimillion dollar investment in Fearless Fund, a venture capital firm founded by Black women with the mission of investing in minority female entrepreneurs. The exact amount was not disclosed. The credit card giant also unveiled a […]


Activity, Capital and Risk, Corporate Banking, Credit

Business Lending as a Profitable and Flexible Business with Business Lending Blueprint

April 8, 2021

Via: TechBullion

“Business loan” is a term we know all too well after the pandemic. According to HudsonValley360, the Small Business Administration immediately announced up to $2 million in business loans in the wake up the crisis in March 2020, which snowballed […]


Activity, Corporate Banking

HSBC challenges fintechs with launch of SME banking app Kinetic

March 24, 2021

Via: FinTech Futures

The bank launched Kinetic in beta in February 2020. Peter McIntyre, the bank’s small business banking head, recalls the soft launch. It commenced after one of his last meetings in the Waterloo WeWork before the UK went into lockdown. Prior […]