Corporate Banking news and trends

JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes
Personnel // January 26, 2024

JPMorgan Chase has made several changes to its leadership and organizational structure as it works to “position the firm for the future.” “The senior management changes and new alignments announced today will help the company serve clients even better as well as further develop the...

Santander Aims to Double Business in US Investment Banking
Banking // November 09, 2023

Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive Chair Ana Botin said the bank’s strategy will focus on renewable finance, auto lending and wealth...

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

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 to use technology to tackle “best practices” and satisfy existing and new laws. Where KYB may have once been “an...

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

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 largest bank is courting these customers, a move that comes in the wake of a series of high-profile bank failures...

Interviews & Exclusives
Citi’s Tuum Investment Changes Cloud Core Banking Dynamic

March 18, 2024
Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and FinTechs, seeking to innovate within financial services — and smaller businesses aiming to engage with their end markets — have seen a rush of providers streamlining those efforts, with notable […]

Instant Approval Helps Banks Streamline the KYB Process

October 04, 2023
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 to use technology to tackle...

Study Shows Big Perception Reality Gap Between Bank’s Efforts to Reduce Corporate Cross-Border Payments Friction

June 29, 2022
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 reconciliation issues and lack of...

ERP Integration Is Banks Missing Digital Link for Corporate Payments

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...

Quick Reads
JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes

January 26, 2024
JPMorgan Chase has made several changes to its leadership and organizational structure as it works to “position the firm for the future.” “The senior management changes and new alignments announced today will help the company serve clients even better as well as further develop the company’s most senior leaders,” the financial services firm said in […]

Santander Aims to Double Business in US Investment Banking

November 09, 2023
Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive...

Dimon: JPMorgan Wants More VC and Startup Banking Clients

October 02, 2023
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 largest bank is courting these...

Santander Teams With Global Payments on Commercial Cards

January 04, 2023
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 early 2023, its Commercial Banking...