Truist Bank news and trends

Truist Bank Partners With Trovata to Enhance Liquidity Management
News // October 24, 2023

Truist Bank has partnered with Trovata, a provider of bank application programming interfaces (APIs) and enterprise cash management services, to enhance cash forecasting and liquidity management for its commercial and corporate clients.  This collaboration will provide Truist clients with improved access to Trovata’s cash management...

Truist and Standard Chartered Join Forces on Trade Finance
Cross Border Commerce // September 20, 2023

International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist clients’ ability to conduct global business, the companies said in a Wednesday (Sept. 20) press...

Sheffield, Suzuki Marine Team up to Offer Installment Financing
Buy Now Pay Later // September 28, 2021

Truist Bank’s Sheffield Financial and boating company Suzuki Marine are working together on a financing services program. The agreement, announced on Tuesday (Sept. 28), lets Sheffield provide lending services to Suzuki Marine customers through its dealer network, covering installment financing for Suzuki outboard motors and...

Truist Bank On The Benefits Of Cloud Payments Amid COVID-19
Payments Innovation // August 27, 2020

The COVID-19 pandemic has accelerated the need for financial institutions (FIs) to quickly scale and roll out faster payment experiences, whether that means offering businesses instant access to loans or enabling access to consumers' stimulus funds without any wait, says Bryce Elliott, chief information officer...

Interviews & Exclusives
New Report: Slow Loan-Approval Processes Drive SMBs To FinTechs

August 18, 2020
The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion in 2020. These staggering figures belie the challenges faced by smaller industry players, however, with only 35 percent of small- to mid-sized businesses (SMBs) surviving their first decade in operation. […]

Quick Reads
Truist Bank Partners With Trovata to Enhance Liquidity Management

October 24, 2023
Truist Bank has partnered with Trovata, a provider of bank application programming interfaces (APIs) and enterprise cash management services, to enhance cash forecasting and liquidity management for its commercial and corporate clients.  This collaboration will provide Truist clients with improved access to Trovata’s cash management platform, allowing them to modernize their cash positioning and forecasting […]

Truist and Standard Chartered Join Forces on Trade Finance

September 20, 2023
International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist...

Sheffield, Suzuki Marine Team up to Offer Installment Financing

September 28, 2021
Truist Bank’s Sheffield Financial and boating company Suzuki Marine are working together on a financing services program. The agreement, announced on Tuesday (Sept. 28), lets Sheffield provide lending services to...