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Scotiabank launches modern U.S. Cash Management platform, strengthening North American corridor capabilities

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Scotiabank (NYSE:BNS) launched a modernized U.S. Cash Management program on Oct 31, 2025, powered by its cloud treasury platform ScotiaConnect®. The rollout targets the North American corridor—a US$1.4 trillion annual cross-border trade market—and delivers U.S. deposit products (savings, operating, term), ACH, wire and account transfer capabilities.

The platform provides real-time account visibility, personalized self-serve features, and direct Host-to-Host connectivity for treasury integration. ScotiaConnect is already live in Mexico with a phased rollout planned across Scotiabank's footprint.

Scotiabank (NYSE:BNS) ha lanciato un programma modernizzato di Gestione della Cassa negli Stati Uniti il 31 ottobre 2025, alimentato dalla sua piattaforma cloud di tesoreria ScotiaConnect®. L'implementazione è mirata al corridoio nordamericano—un mercato annuo di commercio transfrontaliero da 1,4 trilioni di dollari—e offre prodotti di deposito statunitensi (risparmio, operativo, a termine), ACH, bonifici e trasferimenti tra conti.

La piattaforma fornisce visibilità in tempo reale sui conti, funzionalità di auto-servizio personalizzate e connettività diretta Host-to-Host per l'integrazione della tesoreria. ScotiaConnect è già attiva in Messico con un rollout a fasi pianificato per l'intero perimetro di Scotiabank.

Scotiabank (NYSE:BNS) lanzó un programa modernizado de Gestión de Efectivo en EE. UU. el 31 de octubre de 2025, impulsado por su plataforma en la nube de tesorería ScotiaConnect®. El despliegue tiene como objetivo el corredor de América del Norte—un mercado anual de comercio transfronterizo de 1,4 billones de dólares—y ofrece productos de depósito en EE. UU. (ahorro, operativo, a plazo), ACH, transferencias y transferencias entre cuentas.

La plataforma proporciona visibilidad de cuentas en tiempo real, funciones de autoservicio personalizadas y conectividad directa Host-to-Host para la integración de tesorería. ScotiaConnect ya está activa en México con un despliegue por fases previsto para la huella de Scotiabank.

Scotiabank (NYSE:BNS)는 클라우드 재무 플랫폼 ScotiaConnect®로 구동되는 미국 현금 관리 프로그램을 2025년 10월 31일에 현대화하여 출시했습니다. 롤아웃은 북미 구간—연간 1.4조 달러의 국경 간 무역 시장—을 대상으로 하며 미국 예치 상품(저축, 운영, 정기), ACH, 송금 및 계좌 이체 기능을 제공합니다.

이 플랫폼은 실시간 계좌 가시성, 맞춤형 셀프 서비스 기능, 재무 통합을 위한 H2H(Host-to-Host) 직접 연결을 제공합니다. ScotiaConnect는 이미 멕시코에서 운영 중이며 Scotiabank 네트워크 전반으로의 단계적 확장을 계획하고 있습니다.

Scotiabank (NYSE:BNS) a lancé un programme modernisé de gestion de trésorerie américaine le 31 octobre 2025, propulsé par sa plateforme cloud de trésorerie ScotiaConnect®. Le déploiement cible le corridor nord-américain—un marché annuel de commerce transfrontalier de 1,4 mille milliards de dollars—et offre des produits de dépôt américains (épargne, opérationnel, à terme), ACH, virements et transferts de comptes.

La plateforme offre une visibilité des comptes en temps réel, des fonctionnalités d'auto-service personnalisées et une connectivité Direct Host-to-Host pour l'intégration de la trésorerie. ScotiaConnect est déjà déployé au Mexique avec un déploiement progressif prévu sur l'ensemble de l'empreinte de Scotiabank.

Scotiabank (NYSE:BNS) hat ein modernisiertes US-Geldmanagement-Programm am 31. Oktober 2025 eingeführt, angetrieben von seiner Cloud-Treasury-Plattform ScotiaConnect®. Der Rollout richtet sich an das nordamerikanische Korridor—einen jährlichen grenzüberschreitenden Handelmarkt von 1,4 Billionen USD—und bietet US-Einlagenprodukte (Sparen, Betrieb, Fest), ACH, Wire und Kontotransfermöglichkeiten.

Die Plattform bietet Echtzeit-Kontovisibilität, personalisierte Self-Service-Funktionen und direkte Host-to-Host-Konnektivität für Treasury-Integrationen. ScotiaConnect ist bereits in Mexiko live, mit einer gestaffelten Einführung geplant über das Scotiabank-Netzwerk.

سكوتيا بنك (NYSE:BNS) أطلق برنامج إدارة النقد الأميركي المُحدّث على 31 أكتوبر 2025، مدعومًا بمنصة الخزينة السحابية ScotiaConnect®. يستهدف التوسع المسار الشمالي الأميركي—سوق التجارة عبر الحدود بقيمة 1.4 تريليون دولار سنويًا—ويوفر منتجات إيداع أميركية (الادخار، التشغيلي، الآجل)، وACH، والتحويلات بين الحسابات.

توفر المنصة رؤية لحسابات في الوقت الفعلي، وميزات خدمة ذاتية مخصصة، واتصال Host-to-Host مباشر لتكامل الخزينة. ScotiaConnect متاحة حاليًا في المكسيك مع طرح متدرج مخطط عبر حضور Scotiabank.

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Scotiabank launched a cloud-based U.S. cash management platform to unify cross-border treasury services and expand deposit/payment capabilities.

ScotiaConnect® modernizes U.S. cash management with a cloud treasury platform offering U.S. deposit products, ACH, wire and account transfer functions, real-time balance visibility, self-serve corporate portals and Host-to-Host connectivity. The release cites the North American corridor as a US$1.4 trillion (C$1.9 trillion) annual cross-border trade market and lists the platform as live in Mexico with a phased rollout across the bank’s footprint; the announcement date is Oct. 31, 2025.

The business mechanism is straightforward: a unified, cloud-native interface plus direct connectivity aims to reduce manual treasury work and centralize liquidity management across U.S.-Mexico-Canada flows. Key dependencies include adoption by corporate clients, technical integration via Host-to-Host links, and successful phased rollout across jurisdictions; those factors will determine how quickly the bank converts platform capability into higher transaction volumes and deposit balances. Watch implementation milestones and adoption metrics over the next 6-18 months, particularly client onboarding rates, Host-to-Host integration counts, and any announced product expansion dates.

NEW YORK and TORONTO, Oct. 31, 2025 /PRNewswire/ - Scotiabank today announced the official launch of its modernized U.S. Cash Management program, supported by the advanced cloud-based treasury platform, ScotiaConnect®. This marks a major step in the Bank's strategy to unify and modernize cash management capabilities across the North American corridor, a US$ 1.4 trillion (C$1.9 trillion) annual cross-border trade market.

Scotiabank's upgraded Cash Management offering is designed to help businesses manage and move money in the U.S., enabling a connected experience that supports cross-border treasury and liquidity needs. The launch includes a full suite of U.S. Deposit solutions, with various options of Savings, Operating and Term Deposit products and new account features. It also offers ACH, wire transfer and account transfer capabilities to support companies' payment and receivables needs.

The new ScotiaConnect® platform offers a personalized, frictionless and secure experience through an online portal with real-time visibility into account balances, and empowers businesses to control and optimize their payments. With a modern look and feel and intuitive navigation, it provides self-serve capabilities for corporate and commercial clients. This is complemented by the platform's direct-to-client Host-to-Host connectivity which allows companies to integrate seamlessly with Scotiabank's Cash Management services across its footprint, simplifying treasury operations. The platform is also live in Mexico, with a phased rollout planned across Scotiabank's footprint.

"We developed this platform in collaboration with our clients, incorporating their direct feedback to address real pain points and deliver a differentiated user experience," said Chad Wallace, Executive Vice President, Global Transaction Banking, Scotiabank.

"ScotiaConnect® and our integrated cash management solutions strengthen our position for growth in key markets across North America, driven by ongoing innovation and improved day-to-day service. This reinforces our role as a trusted advisor and connector for multinational clients in the region," said Francisco Aristeguieta, Group Head, International & Global Transaction Banking, Scotiabank.

This milestone reflects Scotiabank's commitment to delivering innovative, client-driven solutions that support the evolving needs of businesses across North America.

To learn more about Scotiabank's treasury and cash management capabilities, visit https://gtb.scotiabank.com/en/global-transaction-banking.html

About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.4 trillion (as of July 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on X @Scotiabank.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/scotiabank-launches-modern-us-cash-management-platform-strengthening-north-american-corridor-capabilities-302601062.html

SOURCE Scotiabank

FAQ

What did Scotiabank (BNS) announce on Oct 31, 2025 about U.S. cash management?

Scotiabank announced the launch of a modernized U.S. Cash Management program powered by the cloud treasury platform ScotiaConnect®.

Which payment and deposit features does Scotiabank's ScotiaConnect U.S. offering include?

The offering includes U.S. savings, operating and term deposits plus ACH, wire and account transfer capabilities.

How does ScotiaConnect help corporate treasury operations for BNS clients?

It provides real-time account visibility, personalized self-serve tools and Host-to-Host connectivity to integrate treasury systems.

Is Scotiabank's ScotiaConnect live outside the U.S. and what is the rollout plan?

Yes; the platform is already live in Mexico with a phased rollout planned across Scotiabank's footprint.

What market size did Scotiabank cite for the North American cross-border corridor?

Scotiabank referenced a US$1.4 trillion annual cross-border trade market for the North American corridor.

Where can investors learn more about Scotiabank's treasury and cash management services (BNS)?

Investors can visit Scotiabank's Global Transaction Banking site at https://gtb.scotiabank.com/en/global-transaction-banking.html.
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