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)

Citi Digitizes Cash Pooling For Treasurers
Citi Digitizes Cash Pooling For Treasurers
February 14, 2019  |  B2B Payments

Citi is launching a digital liquidity solution for corporate treasurers, the bank announced on Wednesday (Feb. 13). The CitiDirect BE Cash Concentration solution provides digital...

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XinFin Signs On To R3 Corda For Enterprise Blockchain Apps
XinFin Signs On To R3 Corda For Enterprise Blockchain Apps
February 09, 2019  |  B2B Payments

Enterprise blockchain platform XinFin is joining the R3 consortium, with the R3 Corda marketplace hosting several XinFin apps for business users, the companies said in...

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First New Community Bank In Decades Headed To US Market
First New Community Bank In Decades Headed To US Market
January 31, 2019  |  B2B Payments

The U.S. is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank...

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ING Bags Unlimited Corda Licenses From R3
ING Bags Unlimited Corda Licenses From R3
January 23, 2019  |  B2B Payments

ING Bank announced Tuesday (Jan. 22) a five-year agreement with blockchain company R3 allowing the financial institution to access an unlimited number of licenses from...

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JPMorgan Consolidates SMB, Enterprise Payment Operations
JPMorgan Consolidates SMB, Enterprise Payment Operations
January 18, 2019  |  B2B Payments

JPMorgan Chase is planning the consolidation its corporate payment operations by combining small business (SMB) and large enterprise solutions, the Financial Times (FT) reported on Thursday...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Corporates On Deck For Open Banking Disruption
Corporates On Deck For Open Banking Disruption
January 15, 2019  |  B2B Payments

It’s now been a year since Open Banking officially came into the U.K. financial services market, but the regulatory initiative seems more of a natural...

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Corporate Payments Firm AccessPay Secures US Backing
Corporate Payments Firm AccessPay Secures US Backing
January 15, 2019  |  B2B Payments

U.S. investors have placed new funds with U.K.-based corporate payments and treasury technology company AccessPay, reports in The Telegraph said on Sunday (Jan. 13). Beringea,...

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KPMG On Technology Enabled Cash Management As Borders Blur
KPMG On Technology Enabled Cash Management As Borders Blur
January 11, 2019  |  Banking

Cash management is both opportunity and challenge for banks as cross-border payments gain traction. Troy Hagey, strategy principal with KPMG, tells PYMNTS how technology can help...

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