Category : Banking

Banking News

BankerBay is now Aurigin

Fintech News Desk
by Fintech News Desk0
The Platform for Deal Origination BankerBay, one of the world’s largest private deal origination platform, announced that it has rebranded to Aurigin, effective immediately. The Aurigin platform is already positioned as the leading mid-market deal origination resource with over $250 billion of live, investable deals and $30 billion of new deal flow each month. The......
Banking News

First National Bank Appoints Brad Jones to Lead Charlotte Region

Fintech News Desk
by Fintech News Desk0
First National Bank, the largest subsidiary of F.N.B. Corporation, announced that it has hired Brad Jones, as Regional Market Executive and President of the Bank’s Charlotte market. He reports to Robert Moorehead, Chief Wholesale Banking Officer for FNB. In his role, Jones is responsible for developing new business opportunities, organizing and providing leadership to......
Banking News

MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)

Fintech News Desk
by Fintech News Desk0
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups, announced that MUFG Union Bank, N.A., the primary banking subsidiary of MUFG Americas Holdings Corporation, has closed a $1 billion bank note offering. The two-tranche transaction is structured as a $700 million fixed rate bank note with a coupon......
Banking News

Dominion Energy Ohio Issues Scammer Alert to Customers

Fintech News Desk
by Fintech News Desk0
Dominion Energy Ohio warns customers not to provide banking or other personal information to scammers who claim such data is required to receive a new federal tax cut credit. The company reminds customers they will begin receiving those credits automatically, beginning in April 2020, in their monthly bills. The Public Utilities......
Banking Fintech Funding

FINCA Malawi Secures $1.5 Million Loan Facility From BIO

Fintech News Desk
by Fintech News Desk0
Loan Facility Will Support Lending by FINCA Malawi FINCA Malawi, FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO). This loan facility marks the inaugural transaction between FIF and BIO......
Banking Fintech News

Envestnet | Yodlee and JPMorgan Chase Sign Data Agreement to Enhance Consumer Data Protections, Bolster Overall Data Connectivity and Reliability

Fintech News Desk
by Fintech News Desk0
Agreement Provides Consumers Improved Access to Their Financial Data Envestnet | Yodlee, a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, and JPMorgan Chase have signed a data sharing agreement, providing the framework for the bank’s customers to more securely and effectively share and......
Banking Fintech News

Redtail Technology Survey: Advisors Still Rely on Traditional Communication Methods

Fintech News Desk
by Fintech News Desk0
“Advisorcomms 2019” Survey Finds Nearly 90% of Advisory Firm Employees Believe Their Clients Would Like to Communicate With Them via Text Message Redtail Technology , a leading provider of client relationship management (CRM) solutions for financial services firms, published the results from its “AdvisorComms 2019” survey, which found that in-person......
Banking Fintech Startups News

Startup Investing Platform Republic Launches Industry-First Free Private Equity Incentive Program

Fintech News Desk
by Fintech News Desk1
First-Ever Compliant Private Equity Incentive Program Begins with Linen App Users Republic, the leading startup investment platform, is launching the first-ever legally compliant free private equity incentive program (or “Sharedrop”) in conjunction with the banking application Linen App. Linen App is offering $300,000 worth of investment in the company using a Simple Agreement for......
Banking Fintech Funding News

Farmer Mac Names Aparna Ramesh as EVP – Chief Financial Officer and Treasurer

Fintech News Desk
by Fintech News Desk0
The Federal Agricultural Mortgage Corporation , the nation’s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ms. Ramesh joins Farmer Mac with......
Banking News

BankTEL Launches First AvidPay Customer

Fintech News Desk
by Fintech News Desk0
Studio Bank Gains Access to Largest B2B Payments Network With Avidpay Integration  BankTEL, an AvidXchange company, announced that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of BankTEL by AvidXchange. Read More: Republic Provides a $1.5 million Facility to......
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