business banking

The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
March 28, 2019  |  B2B Payments

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better...

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Wells Fargo’s Corporate Banking Business Struggles To Bounce Back
Wells Fargo’s Corporate Banking Business Struggles To Bounce Back
March 28, 2019  |  B2B Payments

Wells Fargo’s corporate banking operations are struggling to bounce back as well as its consumer financial services have done in the wake of a fake...

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HSBC Taps Alt Lender To Strengthen Middle-Market Footprint
HSBC Taps Alt Lender To Strengthen Middle-Market Footprint
February 27, 2019  |  B2B Payments

HSBC is looking toward the alternative finance sector to strengthen its position in the middle market, the financial institution said. Announced Tuesday (Feb. 26), HSBC...

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Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
January 16, 2019  |  Earnings

Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth...

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Small Biz Complaints Get UK Bank Support
Small Biz Complaints Get UK Bank Support
November 30, 2018  |  Regulation

Financial Times reports that a number of banks in the U.K. have agreed to give smaller firms more power when it comes to complaints about...

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Barclays Offers Small Firms Mobile eInvoicing Tool
Barclays Offers Small Firms Mobile eInvoicing Tool
November 09, 2018  |  B2B Payments

Barclays is rolling out an electronic invoicing solution for its U.K. small business customers. Reports in Verdict on Thursday (Nov. 8) said Barclays now allows...

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SMBs Say Banks Don’t Appreciate Their Business
SMBs Say Banks Don’t Appreciate Their Business
October 29, 2018  |  Banking

A new survey has found that small businesses aren’t feeling the love from their banks. According to the J.D. Power 2018 U.S. Small Business Banking...

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Azimo Steps Into Business Payments Space
Azimo Steps Into Business Payments Space
October 19, 2018  |  B2B Payments

Payments company Azimo, which has typically focused on consumer money transfers, is now stepping into the business payments space. The company announced this week a...

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