Search Results for: deposits

BNP Paribas Collaborates With Ant International on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management
Digital Payments Finance Fintech News

BNP Paribas Collaborates With Ant International on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Business Wire
Ant International and BNP Paribas will explore innovations on tokenised deposits to improve businesses’ efficiency for global fund settlements, through the Whale platform Alipay+ will support BNP Paribas in helping its merchants implement cross-border mobile payment solutions from international payment applications WorldFirst will establish a direct connection to the Single......
Bank of Baroda Revises Interest Rates on Retail Term Deposits
Banking News

Bank of Baroda Revises Interest Rates on Retail Term Deposits

PR Newswire
Bank of Baroda (Bank), one of India’s leading public sector banks, announced increase in interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by up to 50 basis points across various tenors up to 3 years. These rates are applicable on deposits below Rs 2 crore, with effect......
4 Factors Impacting Regional Bank Deposits—and How to Combat Them
B2C Banking Guest Posts

4 Factors Impacting Regional Bank Deposits—and How to Combat Them

Diana Lagler
Regional banks are facing challenges as several factors put pressure on deposits. First, changes in interest rates have impacted bank profitability. Second, many banks are over-indexed in commercial real estate, which, due to the rise in hybrid and remote work, now presents increased risk. The failures of Silicon Valley Bank......
TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution
Digital Finance News

TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution

Business Wire
41In just 24 days Chartway Credit Union generated more than 500 new certificates and over $3 million in deposits with new solution TruStage announced CuneXus will be known as ‘Digital Storefront’. The new name reflects the fintech’s evolution since it was acquired by TruStage in 2020 and aligns with the organization’s rebrand......
Cambridge Savings Bank’s Digital-Only Ivy Bank Surpasses $530 Million in Deposits Two Years After Launch
Banking News

Cambridge Savings Bank’s Digital-Only Ivy Bank Surpasses $530 Million in Deposits Two Years After Launch

Business Wire
Tech-forward, customer-centric bank celebrates robust growth Cambridge Savings Bank (CSB), a nearly two-century-old, full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that after two years in business its digital banking division, Ivy Bank, has exceeded $530 million in deposits and added over 6,600 customers......
iWallet Allows Field Techs to Manage Mobile Check Deposits From a Smartphone
Digital Payments News

iWallet Allows Field Techs to Manage Mobile Check Deposits From a Smartphone

PR Newswire
Small Businesses Can Now Process Paper Checks With iWallet iWallet, a fintech startup is experiencing substantial YOY growth with mobile check deposits for small businesses due to filling a void in the field service industry. iWallet uses the same technology and security most are already familiar with personal banking plus......
eMoney Advisor Adds Support for MaxMyInterest to Enable Advisors to Deliver Market-Leading Rates on FDIC-Insured Deposits
Finance News

eMoney Advisor Adds Support for MaxMyInterest to Enable Advisors to Deliver Market-Leading Rates on FDIC-Insured Deposits

Fintech News Desk
eMoney’s clients now have access to MaxMyInterest via an advisor connection in the eMoney platform MaxMyInterest, the leading provider of intelligent cash management solutions for individual investors and their advisors, announced an advisor connection within the financial planning platform of eMoney Advisor, a leading provider of technology solutions and services that......
Finance Investment Services News

Survey: Organizations’ Cash and Short-Term Allocation to Bank Deposits Drop to 47%, Lowest in Four Years

PR Newswire
Recent bank failures drove a shift away from bank deposits into Government/Treasury money market funds, Treasury bills and Agencies Forty-seven percent of organizations’ cash and short-term allocation are maintained in bank deposits, according to the 2023 Association for Financial Professionals (AFP) Liquidity Survey, underwritten by Invesco. This figure is down 8......
Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships
Fintech News

Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships

Business Wire
The unified treasury pricing and relationship profitability solution designed for treasury officers delivers a seamless experience across business units Q2 Holdings,, a leading provider of digital transformation solutions for banking and lending, announced Q2 Premium Treasury Pricing, a unified relationship pricing and profitability module of Q2 PrecisionLender to help financial......
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