Corporate Banking Newsletter
Corporate Banking in the Spotlight at Celent Innovation & Insight Day!
On April 12, Celent hosted its 13th Annual Innovation & Insight Day in New York. At the event, we celebrated 22 Model Bank winners across five categories: customer experience, products, operations and risk, legacy transformation, and emerging innovation. In addition, we presented our Model Bank of the Year (MBOY) award to the financial institution that most impressed the Celent judges and stood out from the other deserving winners.
We were delighted to award Citi as our 2019 Model Bank of the Year for Differentiating with Digital. The award recognized Citi’s Treasury and Trade Solutions group for continuing to lead the way in delivering innovative and tailored solutions to its clients.
Three other Model Bank awards stood out for initiatives in service of business clients:
- Santander UK: Taking Onboarding to the Next Level
- PNC: Future-Proofing Payments
- Fincare Small Finance Bank: Redesigning Lending to Reach Small Businesses
We have taken the rare step of publishing a free synopsis of the Model Bank Awards program titled Innovation in Banking and Payments 2019. Additionally, Zil Bareisis hosted a webinar based on this report as well as his insights on innovation in banking. Both are available to all registered users on Celent.com here.
Conference season continues and we hope to see you at Money20/20 Europe or EBAday. Last week, team members attended NACHA Payments and FIS Connect in Orlando. Much of our discussions focused on the adoption of real-time payments by corporations and businesses—check out what we found out in US Corporate Real-Time Payment (RTP) Adoption: If You Build It, Will They Come?.
Patricia Hines, CTP
Head of Corporate Banking