corporate banking

Corporate banking, also known as business banking, refers to the aspect of banking that deals with corporate customers. The term was originally used in the United States to distinguish it from investment banking after the Glass-Steagall Act of 1933 separated the two activities.

Source: investopedia.com

Instant Approval Helps Banks Streamline the KYB Process
Instant Approval Helps Banks Streamline the KYB Process
October 04, 2023  |  Bank Regulation

Scott Steinberg, chief operating officer of Enigma Technologies, said there has been an evolution of know your business (KYB) practices — and there’s increased urgency...

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Dimon: JPMorgan Wants More VC and Startup Banking Clients
Dimon: JPMorgan Wants More VC and Startup Banking Clients
October 02, 2023  |  Banking

J.P. Morgan Chase reportedly wants to expand its startup and venture capital (VC) customer base. Speaking during a conference Monday (Oct. 2), CEO Jamie Dimon said the country’s...

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Santander Teams With Global Payments on Commercial Cards
Santander Teams With Global Payments on Commercial Cards
January 04, 2023  |  B2B Payments

Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in...

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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PYMNTS Intelligence: How Cross-Border Payments Innovations Can Help Companies Compete on a Global Scale
PYMNTS Intelligence: How Cross-Border Payments Innovations Can Help Companies Compete on a Global Scale
July 14, 2022  |  Consumer Payments

As digital technology makes it easier for companies to launch new cross-border ventures, financial institutions (FIs) are feeling the pressure to offer their corporate clients...

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Study Shows Big Perception Reality Gap Between Bank’s Efforts to Reduce Corporate Cross-Border Payments Friction
Study Shows Big Perception Reality Gap Between Bank’s Efforts to Reduce Corporate Cross-Border Payments Friction
June 29, 2022  |  B2B Payments

Financial institutions (FIs) continue to modernize their business-to-business (B2B) payments ecosystem, addressing corporate clients’ need for streamlined payments and cash management while relieving their invoice...

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PYMNTS Intelligence: How Deployment of ERP Systems Can Help Streamline AR and AP Processes
PYMNTS Intelligence: How Deployment of ERP Systems Can Help Streamline AR and AP Processes
June 22, 2022  |  Banking

Perhaps nothing is more critical to the success of an organization than the accounts receivable (AR) and accounts payable (AP) processes it employs. A recent study...

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Bank of America on How ERPs Can Help Organizations Optimize AR and AP Processes
Bank of America on How ERPs Can Help Organizations Optimize AR and AP Processes
June 21, 2022  |  Banking

Integrating AP and AR into corporate ERPs saves them time, money and manual effort, but Bank of America’s Michael Bosacco says banks lag in providing...

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ERP Integration Is Banks Missing Digital Link for Corporate Payments
ERP Integration Is Banks Missing Digital Link for Corporate Payments
June 20, 2022  |  Banking

Automation of accounts receivable (AR) and accounts payable (AP) processes through enterprise resource planning (ERP) solutions have become the gold standard for companies seeking to...

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