PYMNTS-MonitorEdge-May-2024

Commercial Banking

Digital Currency Eyes Wholesale — Not Retail — Payments Down Under
Digital Currency Eyes Wholesale — Not Retail — Payments Down Under
January 21, 2020  |  Cryptocurrency

Add Australia to the list of countries with central banks looking to bring fiat currencies into the digital realm — with some conditions attached. As...

READ MORE >
Santander Overhauls Biz Banking Infrastructure With nCino
Santander Overhauls Biz Banking Infrastructure With nCino
September 27, 2019  |  B2B Payments

Cloud banking technology provider nCino will help U.K. financial institution Santander digitize its small business, corporate and commercial banking units, according to a press release...

READ MORE >
WEX Opens FI Commercial Payments Services Unit
WEX Opens FI Commercial Payments Services Unit
September 18, 2019  |  B2B Payments

Commercial payments company WEX is adding a new business segment under its Corporate Payments division, created to address the payments needs of financial institution clients,...

READ MORE >
Axos Bank Expands Commercial Presence In NYC, LA
Axos Bank Expands Commercial Presence In NYC, LA
August 16, 2019  |  B2B Payments

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., it said. The bank announced Thursday...

READ MORE >
Commercial Banking Gets Up Close And Digitized
Commercial Banking Gets Up Close And Digitized
July 12, 2019  |  B2B Payments

Commercial banking can take some cues from eCommerce, especially when it comes to serving customers with speed and convenience. Bottomline Technologies’ Jessica Cheney, vice president...

READ MORE >
Wells Fargo Restructures Commercial Banking Business
Wells Fargo Restructures Commercial Banking Business
June 04, 2019  |  B2B Payments

Wells Fargo announced on Tuesday (June 4) that it has restructured its commercial banking business. In a press release, Wells Fargo said Kyle Hranicky, a...

READ MORE >
HSBC Launches APIs, Developer Portal For PSD2
HSBC Launches APIs, Developer Portal For PSD2
March 08, 2019  |  B2B Payments

HSBC has unveiled its application program interfaces (APIs) and developer portal to comply with the EU’s Second Payment Services Directive (PSD2). Reports in the Global Banking...

READ MORE >
HSBC Taps Alt Lender To Strengthen Middle-Market Footprint
HSBC Taps Alt Lender To Strengthen Middle-Market Footprint
February 27, 2019  |  B2B Payments

HSBC is looking toward the alternative finance sector to strengthen its position in the middle market, the financial institution said. Announced Tuesday (Feb. 26), HSBC...

READ MORE >
UK Challenger Bank OakNorth To Launch In US With $440M In Funding
UK Challenger Bank OakNorth To Launch In US With $440M In Funding
February 11, 2019  |  B2B Payments

OakNorth Holdings announced that it has secured $440 million in funding from the SoftBank Vision Fund and the Clermont Group. This latest round brings OakNorth’s total...

READ MORE >