Banks

Deutsche Bank accelerates account openings

The FINANCIAL -- Deutsche Bank accelerates account openings for its corporate and institutional clients by introducing a digital signature. Digitising account openings and document signings will significantly reduce costs and processing times and will increase the efficiency in the contractual process handling for both clients and Deutsche Bank ...

Visa launches Visa Loyalty Solutions

The FINANCIAL -- MIAMI, July 10, 2018 announced the launch of Visa Loyalty Solutions (VLS), an omnichannel digital points redemption platform available to all issuing banks in Latin America and the ...

Barclays launches £100,000 unsecured lending

The FINANCIAL -- Barclays has launched £100,000 unsecured lending – doubling its maximum for unsecured business loans for small and medium-sized enterprises from £50,000 to ...

L.L.Bean and Citi Retail Services Launch New Co-brand Mastercard

The FINANCIAL -- Chicago, IL – July 9, 2018 – L.L.Bean, Citi Retail Services and Mastercard are excited to announce a new co-brand credit card for L.L.Bean customers with an enhanced rewards ...

ABN AMRO, ING and Rabobank launch finance guidelines for circular economy

The FINANCIAL -- ABN AMRO, ING and Rabobank on July 9 launched joint circular-economy finance guidelines internationally, inspired by the ambition to create a common framework for financing the ...

From Excel solutions through to professional systems

The FINANCIAL -- Bank systems are coming to the fore, more than half of those surveyed use a cash management system. Only a quarter of those surveyed use offerings from major software developers, ...

Helping corporate customers identify and prevent fraud

The FINANCIAL -- Recent Vocalink Analytics’ research showed that 46% of small businesses would turn to their bank for support when fighting fraud and 50% are comforted that new innovations and ...

Millennial generation most interested in investing to make a positive impact on the world

THe FINANCIAL -- The Millennial generation is four times more likely than older people to invest their money for positive social and environmental impact, new research by Barclays ...

Wells Fargo & Company Announces Redemption of its Series J Preferred Stock

The FINANCIAL -- SAN FRANCISCO -- Wells Fargo & Company announced it will redeem on September 17, 2018 of all of its 8.00% Non-Cumulative Perpetual Class A Preferred Stock, Series J, and the ...

Results of the July 2018 euro area bank lending survey

The FINANCIAL -- Credit standards for loans to enterprises eased in net terms in the second quarter of 2018, according to the July 2018 bank lending survey (BLS). The net easing (-3%) of credit ...

Mastercard is First Payments Player to Receive Approval for Science-Based Emissions Target

The FINANCIAL -- Mastercard announced that its plans to reduce greenhouse gas emissions by 20 percent have been approved by the Science Based Targets initiative (SBTi), making it the first payments ...

American Express Reports Second-Quarter

The FINANCIAL -- NEW YORK, July 18, 2018 -- American Express Company reported second-quarter net income of $1.6 billion, up 21 percent from $1.3 billion a year ago. Diluted earnings per share was ...

Mobile banking is changing how we pay

The FINANCIAL -- More people than ever are using their mobile phones to shop, yet ING research shows that when it comes to paying, they aren’t quite ready to give up on banks yet. Despite having ...

Credit Suisse invests in fintech company Assetmax AG

The FINANCIAL -- After Credit Suisse provided its subsidiary SVC Ltd. for Risk Capital for SMEs with CHF 30 million in additional investment funds for fintechs early this year, it has now made ...

Commerzbank and Industrial and Commercial Bank of China (ICBC) sign cooperation framework

The FINANCIAL -- Commerzbank and ICBC announced that they have signed a Memorandum of Understanding (MOU) to support projects linked to the Belt and Road Initiative ...

Female veterans can face major disadvantage when applying for civilian roles

The FINANCIAL -- 42 per cent of female veterans believe they weren’t offered an interview or progressed through the application process due to their military ...

Mastercard and Florida Capital Bank Deliver Real-Time Disbursements

The FINANCIAL -- PURCHASE, NY – July 10, 2018 – Mastercard announced that it is partnering with Florida Capital Bank, N.A. to facilitate efficient, near real-time disbursements of funds to all ...

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