Commercial Banking

23 articles tagged with this keyword

/wealth

SVB Financial to sell VC business, SVB Capital

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.

/crypto

German bank LBBW enters crypto market

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.

/wholesale

ClearBank hits FY profitability

Britain's ClearBank is planning international expansion after reporting its first annual pre-tax profit.

/wholesale

Mastercard invests in Hello Alice

Hello Alice, a platform connecting small businesses to capital, connections and opportunities, has closed a Series C funding round joined by QED Ventures and Mastercard.

/payments

Central banks explore tokenisation of cross-border payments

A collection of seven central banks are working with the Bank for International Settlements to explore tokenisation of cross-border payments.

/payments

SumUp releases suite of new product features

Global fintech SumUp has announced its array of new product features to support small businesses at the company’s annual event.

/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

/payments

Capgemini World Payments Report: Non-cash transactions to reach 1.3 trillion

This year’s report shifts its focus to explore the significant opportunities for banks and payment service providers (PSPs) to support corporate treasuries and commercial enterprises.

/wholesale

ClearBank boasts 144% revenue growth in H1 2023

The embedded banking and clearing provider reports nearly £50m in revenue and £6m in profit in the first half of 2023.

/wholesale

Wells Fargo backs $70m fund to help underserved SMEs access credit

Wells Fargo is backing a new $70 million “equitable access fund” from Hello Alice and the Global Entrepreneurship Network (GEN) that will target underserved high-potential but credit-challenged small business owners.

/payments

Lloyds invests £2m in corporate banking platform Fennech

UK high street bank Lloyds has invested £2 million in AI-based corporate banking platform for financial institutions and corporates, Fennech.

/crypto

Italian banks launch CBDC pilot project

The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC).

/payments

Thunes opens Beijing office

UK-based payments infrastructure fintech Thunes has opened an office in Beijing as part of its Chinese expansion plans.

/payments

P27 Nordic Payments withdraws second clearing application

The future of P27 Nordic Payments (P27), the largest regional, cross-border, instant payment project to be attempted in history, is uncertain.

/sustainable

Ceres Global: 'Freedom!' is cry of top sustainable investment leaders

Ceres Global 2023 is the annual gathering of the Boston-based non-profit that partners with leaders in the capital markets industry to promote sustainability.

/wholesale

Wells Fargo launches persona and AI-driven digital banking platform, Vantage

Wells Fargo has unveiled a new digital banking platform, Vantage, to more effectively service its commercial, corporate, and investment banking clients.

/payments

Sibos 2022: Payments trends, from 2020 – 2023

Hannah Wallace, head of FinextraTV, took to the stage at Sibos 2022 in Amsterdam to interview Manish Kohli, global head of global payments solutions at HSBC, about the latest payments innovations, what is impacting the financial services industry on a global scale and how banks can support the evolving needs of the customers.

/retail

HSBC teams with Oracle NetSuite for embedded banking services

HSBC has integrated embedded banking services into NetSuite Accounts Payable Automation, a cloud enterprise resource planning (ERP) platform.

/retail

Singapore welcomes another digital bank

The digital bank market in Singapore has grown following the launch of Trust Bank, a partnership between Standard Chartered and local retailer FairPrice.

/devops

Barclays to host CBDC hackathon

Speaking exclusively with Finextra, Barclays has announced it will host the ‘Barclays CBDC Hackathon 2022’ later this year, to promote the emergence of new technologies in large-scale banks.