September 21, 2023
US Bank Debuts Online Treasury Solution/Payment Marketplace
U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify and adopt technology connected with...
September 20, 2023
From Gift Cards to Email Compromise, Behavioral Scams Present Ongoing...
The rise of generative artificial intelligence (AI) has reshaped the cyber threat landscape. Firms increasingly rely on AI, and this reality is set to accelerate as the information ecosystem continues...
September 19, 2023
Lloyds and Fiserv Team on Wholesale FX Rates to Merchants
Lloyds Bank formed a foreign exchange (FX) partnership with payments company Fiserv. The collaboration makes Lloyds the first bank “to widely offer wholesale FX rates to U.K. and European merchants...
September 17, 2023
Partners Group CEO: Private Equity Entering New Era of ‘Consolidation’
The private market industry has maybe 11,000 players, Partners Group CEO David Layton says. Over the next decade, that number could fall to under 100. In an interview with the Financial Times (FT) Sunday (Sept....
September 14, 2023
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that...
September 14, 2023
US Bank Launches Banking, Payments Services for Smaller Medical Practices
U.S. Bank says it wants to give smaller medical practices the same financial help as their larger counterparts. The bank on Thursday (Sept. 14) announced a program to offer banking, payments and...
September 08, 2023
Owners Bank Unveils Credit Card for Small Businesses
Owners Bank, a new digital bank created to cater to the needs of small business owners, has launched a business credit card. This product aims to address the common challenges...
September 06, 2023
Citizens Financial Group CEO Predicts Limited Consolidation in Banking Sector
Consolidation in the U.S. banking sector is expected to be limited in the near future due to high interest rates and regulatory pressures, according to Citizens Financial Group CEO Bruce Van Saun. The...
September 05, 2023
Treasury Solutions Firm Kyriba Taps Tech Exec Melissa Di Donato...
Treasury and finance solutions firm Kyriba has appointed tech executive Melissa Di Donato as its new chair and CEO. Di Donato brings a wealth of experience from her previous roles at SUSE, SAP, Salesforce, IBM and Oracle, the...