Commercial Bank news and trends

More Than Half of Bank Consumers Want Better Transaction Security
Authentication // March 06, 2023

As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial...

EMEA Daily: UK’s Cazoo Acquires Swipcar for $40M; Mastercard’s Aiia Powers New Platform in Denmark
International // November 16, 2021

In today’s top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercard’s Aiia powers a new platform in Denmark; JumiaPay app transactions reach 36% of total orders in the third quarter; NewDay...

Qatar’s Commercial Bank Rolls Out Online Service for Tax Payments 
International // November 16, 2021

Qatar’s largest private sector bank, Commercial Bank, has teamed with the General Tax Authority (GTA) to offer a direct payment service whereby funds from the taxpayer’s account are transmitted to the authority’s account to initiate the process of paying tax obligations, according to a Tuesday (Nov....

Signature Bank Launches Blockchain Real-Time Payments For Corporates
B2B Payments // December 05, 2018

New York-based Signature Bank is rolling out a digital payments platform powered by blockchain that enables real-time payments for corporate customers. The financial institution announced on Tuesday (Dec. 4) the launch of its payments platform, Signet, to provide digital payment services for corporate customers. The...

Interviews & Exclusives
More Than Half of Bank Consumers Want Better Transaction Security

March 06, 2023
As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial activities. Most of these consumers believe that additional visible security […]

Quick Reads
JPMorgan Boosts Business After Silicon Valley Bank’s Collapse

July 12, 2023
Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and startups. The largest U.S. bank has filled the niche by hiring dozens of bankers around the world, according to a statement this Tuesday. J.P. Morgan’s chief executive officer of commercial […]

Qatar’s Commercial Bank Rolls Out Online Service for Tax Payments 

November 16, 2021
Qatar’s largest private sector bank, Commercial Bank, has teamed with the General Tax Authority (GTA) to offer a direct payment service whereby funds from the taxpayer’s account are transmitted to the...