Category: Business banking

Business banking, Capital and risk, Credit, Products

Credit Suisse teams with Klara for online credit requests

March 14, 2019

Via: Finextra

Credit Suisse and KLARA are simplifying finance for SMEs. In addition to the innovative accounting solution that automatically communicates with all interfaces, starting now, SMEs on KLARA can submit non-binding credit requests online to Credit Suisse. More efficiency for SMEs […]

Business banking, Products

Deutsche Bank and Commerzbank’s CEOs are reportedly resuming talks over a potential merger

March 8, 2019


Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]

Business banking, Products, Retail banking

Apple and Goldman Sachs to Offer Joint Credit Card – Report

February 21, 2019

Via: TheStreet

Apple Inc. (AAPL – Get Report) has teamed up with Goldman Sachs Group Inc. (GS – Get Report) to offer a new credit card that will help users manage their money, The Wall Street Journal reported Thursday. The card will […]

Business banking, Products

Visa plans innovation centre in South Korea

February 13, 2019

Via: Banking Technology

At a press conference in Seoul, attended by The Korea Herald, Patrick Yoon, country manager for Visa International Asia Pacific Korea, discussed the company’s plans. “Korea is considered an epicentre of fintech innovation. To pursue a more meaningful fintech-big tech […]

Business banking, Products

Visa fights back against Mastercard with £247m Earthport offer

February 8, 2019

Via: Banking Technology

As reported last month, Mastercard wanted to beat Visa with a £233 million offer. That was designed to trump Visa’s earlier £198 million bid. Now it’s exciting as an episode of the UK TV show Homes Under the Hammer (I’m […]

Business banking, Products

Mastercard trumps Visa with £233m offer for Earthport

January 25, 2019

Via: Banking Technology

As reported earlier this month, Visa made an £198 million offer. At that time, the board of UK-based Earthport was recommending shareholders vote in favour of the deal. However, in the latest development, Mastercard has stepped in to upset proceedings. […]

Business banking, Products

U.S. Bancorp Launches Asset Backed Securitization Lending Business

January 24, 2019

Via: Yahoo

U.S. Bancorp announced today the launch of its new Asset Backed Securitization Lending business, providing non-recourse commitments secured by consumer and commercial receivables. With this new capability, U.S. Bancorp leverages its direct corporate lending experience to provide clients with an […]

Business banking, Products, Retail banking

Citi partners with MoneyBack for customer rewards

January 15, 2019

Via: Banking Technology

By integrating Citi rewards into the MoneyBack platform, Citi cardholders can convert their credit card points into MoneyBack points on the website or mobile app, which then can be used at over 600 partner outlets for discounts, including PARKnSHOP and […]

Business banking, Products

Mastercard picks paytech pal in Polish Payment Standard

December 18, 2018

Via: Banking Technology

Mastercard and Polish Payment Standard (PSP), the operator of mobile payment system BLIK, have teamed up for a paytech alliance. Together, they will provide contactless payments to BLIK users at all Mastercard branded terminals globally, using Mastercard virtual debit cards […]

Business banking, Products

Western Union works with TerraPay for mobile mania

December 14, 2018

Via: Banking Technology

According to the firms, the alliance expands upon Western Union’s account payout network for sending remittances directly into customers’ mobile wallets across Europe, Africa, Asia and Latin America. “Joining with TerraPay is a great opportunity to further diversify and expand […]