Tag: Corporate Banking

Standard Chartered, a prominent player in the financial sector, has unveiled a cutting-edge product aimed at enriching its corporate banking portfolio.

The evolution from manual KYC practices to Corporate Digital Identity (CDI) represents a significant shift within the banking sector.

Mashreq, a prominent financial institution in the MENA region, has recently introduced a cutting-edge API-enabled instant payments service for its corporate and institutional clients.

Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas. 

In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.

Starfish Digital, a Singapore-based fintech platform, has announced a strategic partnership with Standard Chartered, a renowned international banking group.

Fennech Financial, the innovative leader in the FinTech sector, has recently announced a successful investment round that brought in £2.3m.