Category : Banking

Banking Business News

Blue Ridge Bankshares and FVCBankcorp Mutually Agree to Terminate Merger Agreement

Fintech News Desk
Blue Ridge Bankshares, Inc., the parent company of Blue Ridge Bank, National Association, and FVCBankcorp, Inc., the parent company of FVCbank, jointly announced a mutual agreement to terminate their merger agreement, previously announced on July 14, 2021, pursuant to which the companies had agreed to combine in an all-stock merger......
Banking Finance News

The Big Opportunity for Open Finance: Majority of Smes Say Financial Integrations Increase Their Efficiency

Fintech News Desk
– Research shows SMEs welcome Open Finance. – These businesses believe it’s more important for financial apps to integrate with their accounting software than their bank account. – New report explains why Open Finance regulation must prioritise the right data for SMEs. New research from Codat has revealed SMEs’ strong appetite for......
Banking News

Unit Releases First-Of-Its-Kind Solution That Enables Companies to Launch Banking in Minutes

Fintech News Desk
Unit, the leading banking-as-a-service platform that empowers companies to embed financial services into their products, announced that it has released a new pilot environment that enables companies to create live bank accounts and issue virtual cards in minutes. This pilot environment is a first-of-its-kind solution that allows companies to build......
Banking Finance Fintech News

Personetics Secures Over $160 Million in 2021 and Accelerates the Global Expansion of Its AI-Driven Personalization and Engagement Solutions for Financial Institutions With $85 Million Investment From Thoma Bravo

Fintech News Desk
Over 120 million bank customers are now ‘self-driving’ their finances with Personetics’ Engagement Platform and improving their financial well-being Personetics’ Engagement Platform has generated over 6.5bn insights and saved for customers utilizing its business solutions over $500m Personetics partners with over 80 financial institutions in 30 global markets Personetics’ growth......
Banking Digital Payments News

Mambu and Volante Technologies Join Forces to Pioneer Cloud-Native Banking and Payments Modernization

Fintech News Desk
Dynamic partnership between SaaS banking and payment solution providers helps banks and lenders speed up their modernization and innovation journeys Market-leading SaaS banking platform Mambu, and global provider of cloud payments and financial messaging solutions, Volante Technologies, announced a pioneering collaboration to help banks and lenders modernize their banking and payment infrastructures rapidly.......
Banking Fintech News

More Montana Banks Modernize To Help Communities Thrive

Fintech News Desk
Kalispell and Shelby Banks Upgrade Core Technologies with DCI Some may be wondering if there is a trend brewing among community banks in Montana after two more institutions recently made moves to bring more modern technologies to their communities and stake their claims against behemoth banks and fintech corporations in the process.......
Digital Payments Fintech News

Bestpass Appoints Jason Walker As Chief Revenue Officer

Fintech News Desk
Company Welcomes Experienced Growth Leader to its Executive Team Bestpass, the comprehensive payment platform provider and leader in toll management solutions for commercial fleets, announced that Jason Walker has joined as Chief Revenue Officer (CRO).  Walker joins the Bestpass executive leadership team to spearhead growth and the sales, marketing, and channel......
Capital Markets Digital Payments News

Quisitive Graduates to OTCQX Market

Fintech News Desk
Quisitive Technology Solutions, Inc., a premier Microsoft solutions provider and payment solutions provider, announced that it has officially joined the OTCQX Best Market. In a press release announced earlier today, OTC Markets Group, Inc., welcomed Quisitive and announced that the Company has qualified to trade on the OTCQX. Latest Fintech......
Commerce Digital Payments News

Paya Announces Acquisition of VelocIT

Fintech News Desk
Expands and strengthens Paya’s robust integrated payments capabilities Paya Holdings Inc., a leading integrated payments and commerce solution provider, announced the acquisition of VelocIT Business Solutions. Founded in 2018 and based in Clarkson, WA, VelocIT provides fully integrated, omnichannel payment solutions to accounting and ERP partners, including Acumatica and Sage,......
B2B Digital Payments News

Vartana Launches With $57 Million in Seed Funding to Be the “Affirm for B2B”

Fintech News Desk
Seed Round Led by Audacious Ventures & i80 Group; Offers the First Managed B2B Checkout Platform with an Innovative, Modern BNPL (buy-now-pay-later) Model Vartana, a provider of managed checkout and BNPL options for businesses, announces its launch with $57 million in seed funding. The new capital includes $7 million in......