Category : Banking

Banking Fintech News

Millennium Bank Chooses HC3 for Upgraded Statement and Notice Design

Fintech News Desk
by Fintech News Desk0
With growth and efficient customer communication being on the forefront of banks’ minds, Chattanooga, TN.-based Millennium Bank ($197 million in assets) has selected HC3, a data-driven tech company delivering customer communication, to upgrade their customer statement design and automate the generation and distribution of statements and notices. Read More: DataRooms.com Embeds the dtSearch......
Banking Fintech News Risk Management

Finastra Successfully Migrates Vpbank to Innovative Modern Treasury System

Fintech News Desk
by Fintech News Desk0
Finastra Fusion Kondor and Fusion Risk solutions will help bank to grow its financial markets division Finastra, has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. Delivered through Finastra’s Fusion Adopt implementation program, this move to a modern system will enable the......
Banking Fintech News

Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank

Fintech News Desk
by Fintech News Desk0
Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement......
Banking Fintech News

Bruc Bond to Support Commodities and Equipment Traders with New Department

Fintech News Desk
by Fintech News Desk1
Bruc Bond, a leading global corporate banking services provider, announced the creation of its new Commodities and Derivatives Department. Read More: COVID-19 and Automation are Changing Finance for Good The Department focuses on risk-managed provision of banking services, payment accounts and payment and clearance facilities to commodities traders around the......
Banking Capital Markets Fintech News

CIBC Innovation Banking Provides AlayaCare With $15 Million Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $15 million growth capital financing for AlayaCare. As demand for home care continues to rise, this debt facility will support the company’s strategic plan to increase its presence in North America and Australia. Read More: Cardtronics takes over management of Triodos Bank’s ATM......
Banking Fintech News

360 Finance’s Affiliate Has Received Regulatory Approval for its Acquisition of 30% Stake in Kincheng Bank of Tianjin

Fintech News Desk
by Fintech News Desk0
360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced that 360 Group, one of its affiliates, has received approval from the China Banking and Insurance Regulatory Commission to complete the acquisition of 30% stake in Kincheng Bank of Tianjin Co., Ltd. (“Kincheng Bank”).......
Banking Fintech Mobile Banking News

N26 Survey Finds Americans Saved Over $2,000 due to Cancelled Plans in 2020

Fintech News Desk
by Fintech News Desk0
New N26 survey indicates that the COVID-19 crisis has made Americans approach money, travel and family differently in a post-pandemic world N26, the mobile banking platform that is changing the way U.S. consumers bank, today released new survey results that reveal the global impact of COVID-19 and how the pandemic......
Banking Fintech News

Jelli – A Sweet Way to Bank

Fintech News Desk
by Fintech News Desk0
Real-time Budgeting and Cash Back Rewards, Powered by Dosh Jelli Finance Co. (Jelli™) announced the launch of their digital banking platform, accessible through the JelliAPP. Jelli revolutionizes banking with real-time JelliJARS for easy budgeting and cash back with JelliCASH Rewards, Powered by Dosh. Comparable to the cash-envelope system, the JelliAPP......
Banking Fintech News

Mauritius Commercial Bank Launches Backbase-Built Sme Banking Platform and Mobile App

Fintech News Desk
by Fintech News Desk0
Backbase announces that Mauritius Commercial Bank (MCB) has gone live with a brand new mobile app for SMEs built from the ground up on the Backbase Digital-first Banking Platform. This milestone marks the completion of the first phase of MCB and Backbase collaboration. Together with Backbase, the bank is accelerating......
Banking Fintech News

Capital Plus Financial Engages BrightFi Services To Provide High-Quality, Ultra Low-Cost, Accessible Banking To Underserved Communities

Fintech News Desk
by Fintech News Desk0
BrightFi Services, the Banking as a Service (BaaS) company that saves banks time and money while increasing profitability and Capital Plus Financial, the award-winning community development financial institution (CDFI) and a wholly owned subsidiary of Crossroads Systems, Inc. (OTCQB: CRSS) are announcing a strategic alliance to help improve banking availability and affordability to......
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