Wells Fargo has developed a new commercial banking platform designed to “improve bankers’ ability to serve commercial clients, and increase collaboration and efficiency” in partnership with Texas-based digital banking solutions company Q2 Holdings.Wells Fargo debuts commercial banking platformThe solution is expected to leverage Q2’s Catalyst suite, which supports tools for data-driven pricing, automated treasury management onboarding, and self-service account opening and loan origination, according to the vendor’s website.Mary Katherine Dubose, EVP and head of commercial banking specialised industries at Wells Fargo, confirms that the initial phases of Q2’s implementation have now been “successfully completed”, while also stating that the new commercial banking platform “enables our teams to serve our customers with the agility and insights required in an increasingly dynamic market”.These customers currently include large corporations, mid-sized companies, government bodies and not-for-profit organisations, for which Wells Fargo provides middle-market banking, commercial financing and treasury management services.Last April, the US “Big Four” bank sought to enhance its commercial banking operations, particularly the efficiency of trade finance, by integrating TradeSun’s Intelligence V4 solution.
Mar. Feb 11th, 2025
