Card issuer Marqeta has launched a partnership with small business banking platform Found. The collaboration, announced in a news release Thursday (Sept. 26), offers small- to medium-sized business (SMB) owners and self-employed entrepreneurs access to customized business banking capabilities via Found’s Marqeta-powered commercial card solution....
Both the banking and business landscape are being reshaped by next-generation behavioral expectations. In order to meet these emerging end-user expectations, which tend to center around convenience, security and digital innovation, it has never been more important for financial institutions (FIs) to stand up competitive...
Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its development of spend management, smart credit products and a financial application programming interface (API) marketplace,...
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank said in a Thursday (May 16) press release. “Every organization has...
September 29, 2021
“Complete nightmare.” You wouldn’t expect opening a business bank account in Europe to be described this way, given the advanced technologies that developed regions are known to possess. But that seems to be the case, according to Laurent Descout, CEO and co-founder of NEO, who said that what used to be a specific problem of […]
February 16, 2021
For decades, business banking has remained on a steady, straight path. Financial institutions (FIs) were required to provide foundational products and services, like moving and lending, to their enterprise and...
December 30, 2020
As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Ideally, they need to change existing ecosystems without giving rise...
August 02, 2018
Speed? Not the most important thing when it comes to B2B payments. Turns out transparency is king, and according to Barry Rhodes, EVP and head of payments at iGTB, FIs...
October 16, 2024
British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan for “bigger small businesses” called Team, designed to give business owners more control over their financial management with less expense administration. TS Anil, Monzo’s CEO, said in a news release […]
September 26, 2024
Card issuer Marqeta has launched a partnership with small business banking platform Found. The collaboration, announced in a news release Thursday (Sept. 26), offers small- to medium-sized business (SMB) owners...
May 29, 2024
Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its...
May 17, 2024
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited...
