Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role Sept. 30, Citi announced Monday (July 15) in a news release emailed to PYMNTS. “James...
Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations platform for small and medium-sized businesses (SMBs), the new Regions CashFlowIQ provides advanced accounts payable (AP) and accounts receivable (AR)...
Georgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial, business and consumer customers. The bank transitioned from its previous Agent Bank program to CorServ’s Account Issuer program, the companies said in a Monday (June 3) press release. “We discovered CorServ offers distinct advantages...
Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex demand deposit account (DDA) structures and provides them with instant access to KeyBank commercial cash...
November 18, 2022
Sam Yen, chief innovation officer for Commercial Banking at JPMorgan Chase, said a simple mindset should guide financial intuitions and other providers striving to innovate B2B payments for their business clients. “What we think is core, banking services, is actually somebody else’s chore,” Yen told PYMNTS’ Karen Webster, recalling a scenario from his early days […]
July 15, 2022
The banking industry is undergoing a pandemic-fueled digital transformation that is reshaping how businesses of all sizes operate. The global health crisis forced companies to embrace digital channels in record...
June 20, 2022
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 streamline their operations and cut...
June 03, 2022
Businesses across all industries have focused more on digital innovation since the start of the pandemic. A recent PYMNTS survey found that over 70% of middle-market U.S. companies have accelerated...
July 15, 2024
Citi has a new head of commercial banking (CCB) for the United Kingdom. James Morris, a 25-year veteran of British banking giant Barclays, is expected to take on that role Sept. 30, Citi announced Monday (July 15) in a news release emailed to PYMNTS. “James is an experienced banking leader with a proven track record […]
June 12, 2024
Regions Bank has launched a new digital payments solution designed to streamline payment and billing processes for its commercial clients. Powered by BILL’s financial operations platform for small and medium-sized...
June 03, 2024
Georgia-based Pinnacle Bank has tapped CorServ to launch a credit card program for commercial, business and consumer customers. The bank transitioned from its previous Agent Bank program to CorServ’s Account Issuer program,...
May 07, 2024
Cleveland-based financial institution KeyBank has launched a virtual account management solution for treasury management clients. The new Key Virtual Account Management (KeyVAM) solution is designed for clients who have complex...
