Category : Business

Banking Business News

Small Business Satisfaction With Merchant Services Providers Surges, Led By Big Banks, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
-Long live credit cards, debit cards and digital wallets! With paper currency now used in just 19% of consumer payments, and use of payment cards, electronic payments and mobile payment apps surging, small businesses are increasingly reliant on a strong relationship with their merchant services payment processor. According to the......
Business Fintech News

BlueVine Doubles Revolving Credit Facility With Atalaya to Better Serve Small Businesses

Fintech News Desk
by Fintech News Desk0
Increased credit capacity to enable BlueVine to deliver much-needed capital to its 450,000 customers BlueVine announced it has increased the size of its BlueVine Line of Credit warehouse debt facility with Atalaya by two new lenders, both advised by 20 Gates Management, and increasing the committed amount to $150M, with the......
Banking Business News

FNBC Bank & Trust Makes Business Banking Easy With New Digital Lending Capabilities

Fintech News Desk
by Fintech News Desk0
Following their success with PPP, the community bank is expanding its use of Numerated to bring additional convenience and efficiency to their full suite of business banking products. FNBC Bank & Trust, a $650 million locally owned and locally managed community bank serving the Chicago metropolitan area, is making business......
Business Fintech News

NABA Inc. Forms Strategic Alliance With the Diverse Organization Of Firms

Fintech News Desk
by Fintech News Desk0
This partnership enables increased opportunities for Black Business Leaders and entrepreneurs NABA and the Diverse Organization of Firms (DOF) announced that the organizations have entered a strategic alliance to increase the representation of Black Business Leaders, entrepreneurs, and financial services firm owners, to create more innovative solutions, addressing structural obstacles in the......
Banking Business News

Planters First Bank Introduces New Jack Henry Solutions To Better Serve Business Customers

Fintech News Desk
by Fintech News Desk0
Jack Henry helps historic bank expand with a modern digital experience and personal touch, new features are embraced by customers Jack Henry & Associates, Inc.announced that Planters First Bank launched Jack Henry capabilities to innovate and deliver competitive services that differentiate them from megabanks and big tech, supporting its vision to......
Business Digital Payments News

Deluxe Chosen As Exclusive Provider Of Consumer, Business Checks To The Bradford Exchange

Fintech News Desk
by Fintech News Desk0
Multi-year agreement calls for Deluxe to produce unique, high-quality printed solutions for The Bradford Exchange clients Deluxe , a Trusted Payments and Business Technology company, has been selected by The Bradford Hammacher Group to be the exclusive provider of consumer and business checks to The Bradford Exchange. Latest Fintech Insights: Global......
Banking Business News

Novo Launches Virtual Card For Small Businesses

Fintech News Desk
by Fintech News Desk0
Virtual card latest in series of digital banking products for small businesses that Novo has introduced in 2021 Novo, the powerfully simple small business banking platform sponsored by Middlesex Federal Savings, F.A., launched the Novo Virtual Card to provide small businesses with a fast, safe payment method that’s available from......
Business Capital Markets News

The J.M. Smucker Co. Completes The Divestiture Of Its Natural Beverage and Grains Businesses To Nexus Capital

Fintech News Desk
by Fintech News Desk0
The J.M. Smucker Co. announced the closing of the transaction to divest its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at $110 million, subject to a working capital adjustment. The Company previously announced the signing of a definitive agreement . Latest......
Business Fintech News

Hut 8 Announces Closing of the Acquisition Of TeraGo’s Data Center Business

Fintech News Desk
by Fintech News Desk0
Hut 8 Mining Corp. (“Hut 8” or “the Company”), one of North America’s largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the closing of its definitive agreement to purchase the cloud and colocation data center business from TeraGo Inc. Latest Fintech Insights: 468 Capital......
B2B Business News

Blackhawk Network Purchases Minority Stake in Singapore-Based Rewards and Incentives Company, Wogi

Fintech News Desk
by Fintech News Desk0
Agreement will expand access to digital-first rewards, incentives and gift card content to select Southeast Asia markets As part of its mission to offer meaningful rewards on a global scale, Blackhawk Network has purchased a minority stake in Singapore-based rewards and incentives company, Wogi. The collaboration will accelerate the growth of rewards and......
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