Banking
American Express introduces new card for small businesses
Integrated payments company American Express has introduced its new Blue Business Cash Card for small businesses.
The new Blue Business Cash Card comes with no annual fee, provides 2% cash back on eligible purchases and supports business owners to manage...
Banking
CIBC rolls out new banking platform for SMEs
The Canadian Imperial Bank of Commerce (CIBC) in collaboration with Intuit Canada, Xero and payroll software firm Ceridian has launched a new banking platform, CIBC Smart Banking for Business, which will help SMEs boost their efficiencies.
Touted to be first-of-its-kind...
Financing
Comdata to acquire payroll card provider SOLE Financial
Comdata, a FLEETCOR company, highlighted its recent acquisition of SOLE Financial, a payroll card provider enabling instant, affordable wage access for workers.
Originally announced, the acquisition will extend Comdata’s industry leadership in payments by expanding the addressable market for its...
Asset Management
BNP Paribas Asset Management strengthens thematic equity investment capability with new appointments
BNP Paribas Asset Management announces the appointment of Ulrik Fugmann and Edward Lees as Senior Portfolio Managers, based in London. They joined on 17 June and report to Guy Davies, CIO of Equities.
They will manage a global long-short sustainability-themed...
Cards & Payments
KEB Hana Bank partners with Western Union to enhance payment services
South Korea-based KEB Hana Bank has entered into a partnership with cross-border payments giant Western Union to enhance payment services for the customers.
As part of the collaboration, Western Union facilitates KEB Hana Bank to offer its own brand of...
Cards & Payments
Sun East Federal Credit Union boosts technology with FIS payments platform
FIS, a global leader in financial services technology, announced that Sun East Federal Credit Union is moving to a modern, integrated payments platform from FIS to better serve its more than 50,000 members.
A new FIS client, Sun East is...
Banking
GTBank Named Best Bank in Africa at Euromoney Awards
Foremost African financial institution Guaranty Trust Bank plc (https://www.GTBank.com/) has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton...
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