News Topic: Cash management

Undeterred by setbacks in other cities, a broad coalition of community groups is seizing on popular mistrust of traditional banks to press the case for a city-owned bank. ... Read full article

Community banks can’t afford the digital banking services customers demand; Vanguard's "banklike" cash management service couldn't match banks' offerings. ... Read full article

Trading revenue for banks is expected to be flat; the bank plans high deposit rates to lure corporate customers. ... Read full article

Facial recognition technology and a person-to-person payments app are just two innovations that have sprung from a workplace that fosters creative thinking and welcomes ideas from across the organization. ... Read full article

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way. ... Read full article

The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year. ... Read full article

The Delaware bank will process payments and provide debit card sponsorship services for SoFi Money, which is set to debut next year. ... Read full article

Systems that run cash management services were built decades ago and prioritized functionality over user experience. That is starting to change as banks invest more heavily in digital upgrades geared toward commercial customers. ... Read full article

The initiative comes as the bank is carving out a niche in the market for midsize companies. ... Read full article