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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

Lili, the Banking App for Freelancers, Launches Lili Pro: The Financial Backbone For The $1.2 Trillion Freelance Economy

Lili, the all-in-one banking app designed for freelance workers, announced today the release of Lili Pro, a premium service and the first product expansion since launching in January 2020. Lili Pro was developed as a direct response to COVID’s acceleration of the gig economy in partnership with an advisory of freelancers to give every independent worker access to the tools they need to build financial security.

MAXEX Adds Brennan Walters as Chief Revenue Officer

MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced the addition of Brennan Walters as Chief Revenue Officer. Walters will be responsible for all go-to-market operations, including sales, marketing and the development of MAXEX’s servicing retained execution product.

EMPEQ Unveils New FastSiteSurveyâ„¢ Data Capture & Reporting App to Transform Commercial Building Equipment Audits

Empower Equity (EMPEQ), a software development and financial technology company serving the commercial HVAC, energy engineering, and building equipment industries, announced the commercial launch of FastSiteSurvey, a seamless equipment data capture application that is revolutionizing commercial and industrial building equipment audits and enabling energy efficiency professionals to complete more projects in a fraction of the time, more accurately, and at a much lower cost.

CFBank Completes Sale Of Its Columbiana County, Ohio Branches

CFBank, the wholly-owned banking subsidiary of CF Bankshares Inc. announced that it has completed the sale of its two Columbiana County, Ohio Branches to Consumers National Bank realizing a deposit premium of approximately $1.9 million.  The sale involved the transfer of deposits totaling approximately $104 million and earning assets of approximately $28 million.  The sale of the branches will allow CFBank to invest in the growth and expansion in its Metro markets, better fitting the CFBank Commercial Banking driven business model.  In addition, CFBank expects this sale to positively impact its operations through increased efficiencies.

Citi Has Been Recognized by Celent as a Winner of a Model Bank 2021 Award for Commercial Payments

Citi has been named by Celent as winner of the Model Bank 2021 Award for Commercial Payments. Two of Citi’s recent payments solutions – Citi Global Collect and Citi Global Instant Payments – were recognized by Celent for the innovative way they have improved global payments practices, making them easier for Citi’s clients.

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