Insights

Trends in Corporate Banking

Written by 10x | 31 January 2023

 

Leigh Pepper, Chief Product Officer at 10x Banking, explains two key themes in Corporate Transaction Banking.

 

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Transcript from the video:

"There are some really big trends happening today. Firstly, around payments, particularly in international payments and the change of messaging format for SWIFT: banks and corporates are going to really struggle in that transition if they haven't got the right underlying technology that's API first and API-driven to be able to do that.

And then secondly, as we've talked about, virtual account structures are a way in which corporates can really simplify how they manage their banking relationships and optimize both interest and the amount of fees and transactions that they're charged for. These are the big two themes for me."