Month : June 2022

S&T Bank Announces James Michie as New Chief Credit Officer
Banking News

S&T Bank Announces James Michie as New Chief Credit Officer

Fintech News Desk
S&T Bancorp, Inc. (S&T) the holding company for S&T Bank with operations in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York, announced today that James Michie has joined S&T Bank as its new chief credit officer. Michie replaces MaryAnn Dornetto, former interim chief credit officer, who recently started her retirement. Latest......
Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking
Banking Finance News

Facilitating the Future of Open Finance Nearly Half of All Large Institutions in the Finance Industry Have Already Adopted Open Banking

Fintech News Desk
New research from Curity shows nearly half of all large institutions in the sector have already adopted Open Banking, with nearly three-quarters (70%) planning to adopt in the next 18 months  Nearly half (43%) of all large financial institutions have already adopted Open Banking according to a new report from API-driven identity......
CrossFirst Bankshares, Inc. to Enter Colorado and New Mexico Markets With Acquisition of Farmers & Stockmens Bank / Central Bank & Trust
Banking News

CrossFirst Bankshares, Inc. to Enter Colorado and New Mexico Markets With Acquisition of Farmers & Stockmens Bank / Central Bank & Trust

Fintech News Desk
CrossFirst Bankshares, Inc. and Central Bancorp, Inc announced that they have entered into a definitive merger agreement under which CrossFirst bank subsidiary, CrossFirst Bank (“CFB Bank”), will acquire Central’s bank subsidiary, Farmers & Stockmens Bank (“F&S Bank”), in an all-cash transaction. F&S Bank currently has Central Bank & Trust branches......
Keeping Seniors Safe Regions Bank Provides Free Resources to Help Stop Financial Exploitation
Finance News

Keeping Seniors Safe Regions Bank Provides Free Resources to Help Stop Financial Exploitation

Fintech News Desk
In advance of World Elder Abuse Awareness Day, Regions Next Step is providing information and advice to help protect consumers. Regions Bank on Monday announced a series of resources available to help people recognize and stop senior financial exploitation. The resources are part of Regions Next Step, the bank’s no-cost financial......
VEON Ventures Makes $15Million Series A Investment in Dastgyr
Investments News

VEON Ventures Makes $15Million Series A Investment in Dastgyr

Fintech News Desk
Deal expands VEON’s investments in Pakistan’s digital economy VEON Ltd. a global digital operator that provides mobile connectivity and services, announces that the Group’s VEON Ventures division has completed a US$ 15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. This investment will contribute towards......
New Report Reveals FinTechs Increasingly Focused on Ethical and Sustainable Growth
Fintech News

New Report Reveals FinTechs Increasingly Focused on Ethical and Sustainable Growth

Fintech News Desk
The Payment Association’s new research identifies sustainability superheroes working within the FinTech industry at the forefront of making ethical and sustainable growth The report offers businesses advice, inspiration and real-world best practices, consisting of case studies from Mastercard, FIS and Algbra The project also shows that The Payment Association’s members......
Guidewire Cloud to Power Policy Administration, Underwriting, and Billing Operations for WSIB
Digital Payments News

Guidewire Cloud to Power Policy Administration, Underwriting, and Billing Operations for WSIB

Fintech News Desk
Workers’ compensation insurer to leverage Guidewire Cloud to increase business agility and deliver more value to customers Guidewire announced that Ontario’s Workplace Safety and Insurance Board (WSIB), a leading workplace compensation board, has selected Guidewire Cloud to power the company’s underwriting, policy administration, and billing management operations, simplify its IT operations,......
Fantom Unveils Watchdog to Deliver Automatic Audits for Decentralized Applications on the Fantom Network
Blockchain News

Fantom Unveils Significant Network Upgrades to Bolster Speed and Scalability Amid Surging User Growth

Fintech News Desk
Fantom, one of the fastest growing layer-1 blockchain platforms, revealed substantial upgrades to its network, as it looks to bolster its infrastructure following a year of significant user growth. The upgrades will supercharge the network’s settlement speed and platform efficiency to ultimately generate greater decentralization and efficiency for developers building......
FTFT Asset Management Business Eligible to Manage Virtual Assets
Digital Payments News

FTFT Asset Management Business Eligible to Manage Virtual Assets

Fintech News Desk
Future FinTech Group Inc. a blockchain application technology developer and fintech service provider, announced that Nice Talent Asset Management Limited its 90%-owned Hong Kong-based asset management company, has become eligible to manage virtual assets under certain conditions and the asset class is below 10% of gross asset value of its......
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