Treasury management

JPMorgan Chase Earns 20 Greenwich Excellence and Share Leader Awards for US Small Business and Middle Market Banking

Retrieved on:

Wednesday, February 21, 2024

JPMorgan Chase announced today it has received top honors in the prestigious 2023 Greenwich Excellence Awards, including two Greenwich Share Leader distinctions for achieving #1 market share for U.S. Small Business and #1 market share for U.S. Middle Market Banking.1 Overall, the firm earned a combined 20 awards for its best-in-class customer experience provided to small and middle market businesses.

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JPMorgan Chase announced today it has received top honors in the prestigious 2023 Greenwich Excellence Awards, including two Greenwich Share Leader distinctions for achieving #1 market share for U.S. Small Business and #1 market share for U.S. Middle Market Banking.1 Overall, the firm earned a combined 20 awards for its best-in-class customer experience provided to small and middle market businesses.
In the same cash management category, small business clients ranked the bank highly for its overall digital experience, and middle market banking clients expressed great satisfaction for the bank’s cash management overall, resulting in national and regional recognitions.
Both small and middle market banking clients expressed that they would be likely to recommend JPMorgan Chase.
“Chase for Business serves more than 6 million small business clients across the country.

Koxa, PNC Bank Introduce Embedded Banking Integration for Companies Using Workday

Retrieved on:

Monday, March 4, 2024

ERP, API, Camellia, Digital, PNC Financial Services, Treasury, Treasury management, PNC, Cryptocurrency

NEW YORK, March 4, 2024 /PRNewswire/ -- Koxa Corp. today announced a new embedded finance integration with PNC Bank to deliver an embedded banking experience to PNC clients using the Workday Enterprise Resource Planning (ERP) system.

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NEW YORK, March 4, 2024 /PRNewswire/ -- Koxa Corp. today announced a new embedded finance integration with PNC Bank to deliver an embedded banking experience to PNC clients using the Workday Enterprise Resource Planning (ERP) system.
With the integration, PNC's corporate and commercial banking clients will be able to retrieve real-time balance and transaction information, and submit, approve and reconcile payments, all from inside their ERP system using the PINACLE Connect for Workday integration.
"Our Workday integration, powered by Koxa, is further proof of our commitment to deliver modern technology to help our clients manage their cash position and automate manual financial processes."
In recent years, PNC Bank has launched other embedded banking experiences for its clients through its API developer portal ( developer.pnc.com ) and PINACLE Connect integrations, built on the foundation of its industry-leading commercial and corporate banking platform, PINACLE.

NexTier, Inc. and Mars Bancorp, Inc. Complete Merger

Retrieved on:

Tuesday, February 20, 2024

Treasury management, NexTier Bank, Organization, Knowledge, Trust, Treasury, Bank

("NexTier Bank") has completed its merger, effective February 16, 2024, with Mars Bancorp, Inc. ("Mars") (OTCQX: MNBP), including its wholly-owned subsidiary, Mars Bank.

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("NexTier Bank") has completed its merger, effective February 16, 2024, with Mars Bancorp, Inc. ("Mars") (OTCQX: MNBP), including its wholly-owned subsidiary, Mars Bank.
The merger of Mars into NexTier enhances NexTier's geographic footprint.
"Joining together with Mars Bank provides us the opportunity to expand into Mercer County", stated Clem Rosenberger, President & CEO of NexTier.
"Mars Bank customers will have access to enhanced deposit and lending products, digital banking solutions, and Treasury Management services.

Visa Expands Its Digital Wallet Capabilities and Availability

Retrieved on:

Monday, February 12, 2024

Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.

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Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.
Visa Commercial Pay includes virtual card B2B payment solutions developed to improve cashflow for businesses and reduce outdated manual processes.
Alongside our partners Conferma Pay, we’re delighted to be taking our enhanced capabilities to customers globally.”
Regions Bank will be the first Visa collaborator to roll out the enhanced digital wallet capability for its Treasury Management customers.
Visa understands financial-service providers deliver greater value when they give clients more convenience, along with more intuitive, time-saving solutions.

First Financial Bankshares Names Daniel Neely SVP, Treasury Sales Manager

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Wednesday, February 7, 2024

Business administration, CTP, Senior, JPMorgan Chase, History, Florida Institute of Technology, First Financial Bank, Treasury, Texas Capital Bank, Daniel, Culture, Treasury management, Certified Treasury Professional, Cadence Bank, Cryptocurrency

ABILENE, Texas, Feb. 7, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") has named Daniel Neely Senior Vice President, Treasury Sales Manager.

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ABILENE, Texas, Feb. 7, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company") has named Daniel Neely Senior Vice President, Treasury Sales Manager.
Daniel rejoins First Financial Bank after working for a Houston-area bank for the past five years.
He was the Treasury Management Sales Manager for First Financial Bank from 2016-2018.
Daniel holds a Bachelor of Business Administration and Management degree from Florida Institute of Technology and is a Certified Treasury Professional (CTP).

Cambridge Savings Bank Supports Acquisition of Melrose Affordable Housing Corporation’s New Property with Strategic Lending Package

Retrieved on:

Thursday, February 1, 2024

Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, Partnership, Homelessness, Housing, Wealth, CSB, Savings bank, ROC, Acquisition, Treasury management, Face, Bank

The MAHC is a local nonprofit organization committed to establishing safe and affordable housing options for low- and moderate-income individuals who desire to live in Melrose.

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The MAHC is a local nonprofit organization committed to establishing safe and affordable housing options for low- and moderate-income individuals who desire to live in Melrose.
“Cambridge Savings Bank’s intimate familiarity with Melrose and the needs of its residents made a significant difference throughout the process of acquiring our most recent affordable housing property,” said Steve Anderson, President of Melrose Affordable Housing Corporation.
“The Melrose Affordable Housing Corporation is doing important work by advocating for and taking action to support disadvantaged individuals and families in Melrose.
The bank also recently donated to Cambridge Housing Authority and Caritas Communities to support programs focused on combating homelessness in Boston.

BofA the Preeminent Leader in Greenwich Digital Transformation Benchmarking Study

Retrieved on:

Tuesday, January 30, 2024

CHARLOTTE, N.C., Jan. 30, 2024 /PRNewswire/ -- Bank of America has received top scores in the annual Coalition Greenwich Digital Transformation Benchmarking Study in recognition of ongoing enhancement of its CashPro® platform. CashPro is the company's digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests. Highlights from this year's study include:

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Innovations Within the CashPro® Platform Lead to Top Scores Within Digital Channels, Payments & Treasury Management Categories
CHARLOTTE, N.C., Jan. 30, 2024 /PRNewswire/ -- Bank of America has received top scores in the annual Coalition Greenwich Digital Transformation Benchmarking Study in recognition of ongoing enhancement of its CashPro® platform.
1 score in this annual study for its leadership in Digital Channels, for the second consecutive year.
Within the award's U.S. Large Corporate Banking category, Bank of America was recognized for excellence in Overall Digital Experience.
Coalition Greenwich is a leading provider of strategic benchmarking, analytics and data intelligence to the financial services and investment industries.

Rory A. Mallard Named Chief Banking Officer

Retrieved on:

Wednesday, January 17, 2024

Banking, Professional Services, Finance, OTC Markets Group, Music Row, United Way, Treasury management, Policy, Bank, Treasury, Middle Tennessee State University, Fifth Third Bank, FleetBoston Financial, Bank of America, Farmer, Growth, Security (finance)

First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Rory A. Mallard was named to the newly created position as Chief Banking Officer.

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First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Rory A. Mallard was named to the newly created position as Chief Banking Officer.
Mallard has served as Chief Commercial Banking Officer of First Farmers since 2021.
“He was promoted to Senior Commercial Banking Officer in 2017 and then promoted to Chief Commercial Banking Officer in 2021.
“As Chief Banking Officer, Rory will be responsible for the strategic direction, growth, delivery, profitability, operational efficiency, and overall performance of the commercial, treasury management and retail banking business lines.

1st Security Bank Appoints Dan Icasiano to the Position of SVP, Director of Treasury Management

Retrieved on:

Monday, December 18, 2023

SVP, Security Bank, Bank, Treasury management, Food Lifeline, Humanity, Treasury, Government, Cryptocurrency

MOUNTLAKE TERRACE, Wash., Dec. 18, 2023 (GLOBE NEWSWIRE) -- 1st Security Bank (‘the Bank’) is pleased to announce the appointment of Dan Icasiano to the position of SVP, Director of Treasury Management, effective November 27th.

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MOUNTLAKE TERRACE, Wash., Dec. 18, 2023 (GLOBE NEWSWIRE) -- 1st Security Bank (‘the Bank’) is pleased to announce the appointment of Dan Icasiano to the position of SVP, Director of Treasury Management, effective November 27th.
Dan Icasiano’s history of more than thirty years in the banking industry and treasury management services provides a wealth of expertise to 1st Security Bank.
CEO, Joe Adams commented, “Dan believes in providing customized deposit solutions for our business customers.
Given his expansive knowledge and experience with product development and operational efficiencies, Dan is well-positioned to help guide the Bank in our continued growth.”
Dan was instrumental in launching and developing treasury management at two other financial institutions.

Linklogis Hosts Industry-Finance Treasury Forum in Beijing

Retrieved on:

Friday, November 17, 2023

The Industry-Finance Treasury Forum, hosted by Linklogis Inc. (09959.HK, hereinafter referred to as “Linklogis”), was held in Beijing on November 16, 2023.

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The Industry-Finance Treasury Forum, hosted by Linklogis Inc. (09959.HK, hereinafter referred to as “Linklogis”), was held in Beijing on November 16, 2023.
The forum centered on pioneering practices and innovative approaches in building treasury systems.
Ji Kun emphasized that Linklogis targets the pain points and complexities inherent in corporate treasury management to develop sophisticated industry-finance treasury solutions with its cutting-edge technological infrastructure and rich operational experiences.
Envisioning the Future of Treasury, Several Industry Leaders Discuss the Opportunities of Digitization
Several industry leaders from state-owned enterprises and financial institutions participated in the round-table discussion on “Future of Industry-Finance Treasury”.