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The Smart Investor Banking And Savings Trends Survey Shows Surprising Insights Among Consumers

PR Newswire
by PR Newswire0
Consumers are focused on short term deposits and high interest rates, but will not compromise on bank reputation, According to The Smart Investor Banking And Savings Trends Survey. “The past year has seen a significant shift from low or zero interest rates on deposit products to higher rates, reaching up......

Lone Star National Bank Selects Alkami’s Digital Banking Platform

PR Newswire
by PR Newswire0
Expansive digital transformation helps community bank innovate forward Alkami Technology Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced that Texas-based Lone Star National Bank has selected the Alkami Digital Banking Platform as a pillar of its technology stack transformation. The partnership is expected to......

Treasury Prime Partners with Checkout.com to Enhance Enterprise Payment Solutions

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by PR Newswire0
The two companies plan to collaborate on several innovative initiatives in the coming months Treasury Prime, a leading embedded banking software platform, announced a strategic partnership with Checkout.com, a global payments provider. The collaboration aims to foster payments solutions that benefit enterprises and their end-users, who will work directly with......

SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments

PR Newswire
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SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will......

Encore Financial Group Joins Advisor Group to Improve Client Experience and Accelerate Growth

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Former ONESCO Firm with $340 Million in Client Assets Affiliates with Savage and Associates, One of Advisor Group’s Largest Groups Advisor Group, one of the nation’s largest networks of independent wealth management firms, announced the affiliation of Encore Financial Group (Encore) of Cheboygan, MI, through Savage and Associates (Savage), one of Advisor Group’s largest......

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

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PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......

Broadridge Secures Patent for Machine Learning Tech Enhancing Securities Based Lending

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Patent covers Broadridge systems that help advisors hyper-target SBL borrowers, deepen client relationships and reduce attrition The machine learning technology that powers global Fintech leader Broadridge Financial Solutions‘ ability to provide financial advisors with engagement predicting scores and other valuable insights on securities based lending (SBL) borrowers has been granted a patent......

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

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First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......

Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience

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Wholesale model will offer originators direct access to Figure’s end-to-end HELOC platform Figure Technologies Inc., a leader in transforming financial services through the power of blockchain technology, announced the launch of their wholesale lending platform, which will enable originators to seamlessly access Figure’s home equity line of credit (“HELOC”) offering.......

Smart Pay Kiosk Revolutionizes Financial Services for Unbanked and Underbanked

PR Newswire
by PR Newswire0
The Smart Pay Kiosk is an innovative solution that provides a full array of financial services to the unbanked and underbanked populations. Approximately 63 million US adults (22%) were either unbanked (6%) or underbanked (16%), per 2019 Federal Reserve data. Unbanked individuals lack bank accounts due to past financial problems,......
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