Tagged: commercial banking

October 27, 2023 @ 6:02 pm By Omar Faridi  |  

Thunes, the global B2B payment infrastructure platform, and China Construction Bank (CCB), a commercial bank in China, have announced partnership to collaborate on cross-border payments. With the new relationship, Thunes will support the bank “to enable international payment acceptance for Chinese small to medium-sized businesses… Read More

October 3, 2023 @ 11:44 pm By Omar Faridi  |  

Business confidence in the UK fell to 36% in September, “a five point dip from the 18-month high (41%) recorded in August, as companies saw a decline in both economic optimism and trading prospects for the year ahead.” This, according to an update shared by… Read More

September 8, 2023 @ 4:38 pm By Omar Faridi  |  

Inpay, which claims to be one of Europe’s fastest-growing fintech companies, and Cambodia Post Bank Plc. (CPBank), one of Cambodia’s commercial banks, have “entered into a partnership to introduce international money transfer services in Cambodia.” Through the partnership, CPBank’s customers in Cambodia and abroad “will… Read More

July 27, 2023 @ 8:03 am By Omar Faridi  |  

OakNorth Credit Intelligence (ONci), the SaaS partner for commercial banks to lend smarter, faster, and more, announces a major product enhancement of the ON Climate application that allows users to analyze transition risk and impact for each year up until 2050. The ON Climate application… Read More

July 13, 2023 @ 11:28 am By Omar Faridi  |  

As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan (NYSE: JPM) announced that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will “serve alongside New York-based Melissa Smith, who… Read More

July 3, 2023 @ 7:16 am By Omar Faridi  |  

Trade Ledger, the global technology provider for the commercial banking and financial services industry, is excited to announce the opening of its new office in Krakow, Poland. This strategic expansion marks Trade Ledger’s first development hub in the EU, “further strengthening its global footprint and… Read More

May 9, 2023 @ 4:50 pm By Omar Faridi  |  

QistBazaar, a Pakistan-based Buy Now Pay Later (BNPL) Fintech, announces an equity and Shariah-Compliant embedded finance partnership with Bank Alfalah – one of Pakistan’s largest commercial banks. The partnership is “worth PKR 500 million (US$1.7m) , and includes Bank Alfalah taking a 7.2% equity stake… Read More

November 16, 2022 @ 9:27 pm By Omar Faridi  |  

Extend, a virtual card and spend management platform, announced a collaboration with Bank of the West, which has more than 600 branches and Commercial Banking Offices across the Midwest and Western United States. Bank of the West small and mid-size clients can “begin using Extend… Read More

March 23, 2022 @ 8:51 pm By Omar Faridi  |  

SEB is reportedly going to use TreasurUp’s automated foreign exchange hedging module for their Commercial Banking customers. SEB and TreasurUp will also work jointly “on integrating the platform with the clients’ ERPs, enabling full automation of FX risk hedging.” James Prasad, Head of FX Business… Read More

November 2, 2021 @ 11:57 pm By Tony Zerucha  |  

Q2 Holdings, a provider of digital transformation solutions for banking and lending, and Boston Consulting Group (BCG) today announced the launch of YieldBuilder, a solution that addresses effective loan pricing for commercial banks. The companies cite research from S&P Global Market Intelligence which indicates net… Read More

January 31, 2021 @ 9:29 pm By Samantha Hurst  |  

  TD Bank recently announced it has combined its previous commercial and corporate with speciality banking teams to create a new commercial bank. According to TD Bank, the commercial banking will drive growth as well as deliver a “better” client and colleague experiment and create… Read More

July 25, 2020 @ 2:04 pm By Omar Faridi  |  

New York-based Signature Bank (Nasdaq: SBNY), a cryptocurrency-friendly commercial bank with around $50 billion in total assets, has reported consistent and steady growth this quarter. According to the bank’s recent earnings call, it has achieved around $8 billion in deposit growth. Approximately 2.5% of these… Read More

April 1, 2020 @ 10:57 pm By Omar Faridi  |  

Amsterdam-based ABN Amro, the third-largest bank in the Netherlands, has revealed that it will be offering a credit facility to its commercial banking clients. The bank said it aims to help those who have been most affected by the coronavirus (COVID-19) outbreak. ABN Amro said… Read More

March 30, 2020 @ 8:26 am By Samantha Hurst  |  

Sony Bank, a Japanese commercial banking group and a subsidiary of Sony Financial, a member of the Japanese electronics giant Sony,  announced on Monday the launch of its new “English Online Banking” services. According to Sony Bank, the new banking services will provide foreign residents in… Read More

January 12, 2020 @ 7:27 am By Omar Faridi  |  

The Bank of Ceylon (BoC), a state-owned, major commercial bank in Sri Lanka, is reportedly expanding its branch network to include Andigama and Weerapokuna with the added convenience of offering 24-hour online banking services to the people living in these areas. BoC’s Weerapokuna location is… Read More

February 26, 2019 @ 9:48 am By Samantha Hurst  |  

HSBC US Commercial Banking announced on Tuesday it has formed a new partnership with fintech firm, Neptune Financial (NepFin). According to the banking group, the collaboration will firms that are doing business with NepFin will now be able to tap HSBC for commercial banking services and… Read More

October 24, 2018 @ 2:35 pm By Samantha Hurst  |  

Denmark-based Danske Bank announced on Wednesday it has joined the Marco Polo Network, which is described as a network of commercial banks in the trade finance market. According to Danske Bank, the Marco Polo Network is a bank-focused network of platforms, combining the Corda blockchain technology… Read More

June 15, 2017 @ 4:00 pm By Samantha Hurst  |  

On Thursday, Citizens Bank announced it is teaming up with fintech Bottomline Technologies to launch an online and mobile banking platform for its Commercial and Business Banking clients. Citizens Bank stated that the new digital banking platform will provide clients with an integrated suite of… Read More