Chase has exceeded its goal of providing US$10bn of credit to American small businesses in 2010. The loans were extended to more than 250,000 small businesses with annual sales of less than US$20m by Chase’s business banking, commercial banking and business card businesses. Year-to-date, Chase’s lending to small businesses is up more than 40%.
“Small businesses are putting these loans to use every day in cities and towns all across the country, creating jobs and helping our economy get back on its feet,” said Michael Cleary, chief executive officer (CEO) of business banking in retail financial services.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more