Movements in Global Commercial Payments and Banking: 2024 Edition

Global commercial banking and payments are evolving swiftly, driven by technological progress, evolving corporate habits, and emerging market dynamics. This puts businesses on the spot to respond in ways that keep them competitive, minimize exposure to risk, and capitalize on what’s coming. Most notably, instant payments are gaining ground around the globe. Businesses, taking a page from instant payments’ successes in the consumer space, will drive further growth. 

This wide-ranging Javelin Strategy & Research report looks at how these transformations are playing out across such areas as cross-border payments, the corporate payment forms that are moving to the fore, compliance and regulation, anti-fraud initiatives, and the outlook for non-systemically important banks. Now is the time for businesses (and their banks) to embrace modern messaging standards, automation, sustainability, and more so they can keep up with the rapid acceleration of change.

Key questions discussed in this report: 

• How will instant payments affect commercial enterprises? 
• How safe are non-systemically important banks? 
• How will cross-border payments change in the near term?  

Companies Mentioned: 

Agricultural Bank of China, BNG Bank, BNP Paribas, BNY Mellon, Bank of America, Bank of China, Bank of Communications, Bank of New York Mellon, Barclays, Blue Ridge Bankshares, China Construction Bank, Choice Financial Group, Citigroup, Cross River Bank, Deutsche Bank, Finzly, First & Peoples Bank and Trust Company, First Northwest Bancorp, First Republic Bank, Goldman Sachs, Groupe BPCE, Groupe Crédit Agricole, HSBC, ING, Industrial and Commercial Bank of China, JP Morgan Chase, KfW, Kommunalbanken, L-Bank, Landwirtschaftliche Retenbank, Mitsubishi UFJ FG, Mizuho FG, Morgan Stanley, Morgan Stanley, NRW.BANK, Nederlandse Waterschapsbank, New York Community Bank, Royal Bank of Canada, Santander, Signature Bank, Silicon Valley Bank, Société Générale, Standard Chartered, State Street, Sumitomo Mitsui FG, Swedish Export Credit Corp, Toronto Dominion, UBS, Wells Fargo, Zuercher KantonBank