Search Results for: banking

OneUnited Bank, Fintech Pioneer, Announces $10 Million Deposit By Biogen To Support #BankBlack Movement
Banking Fintech Investment Services News

OneUnited Bank, Fintech Pioneer, Announces $10 Million Deposit By Biogen To Support #BankBlack Movement

Fintech News Desk
Bank chosen for cutting-edge technology and leading the way to close racial wealth gap OneUnited Bank, the largest Black-owned bank in America, announced that Biogen, a global biotechnology company, is investing $10 million to support the cutting-edge fintech’s focus on Black economic empowerment. The $10 million deposit signals an increase in corporate support for......
Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition
Fintech Investment Services News

Wells Fargo Finances Columbia Threadneedle’s Project Victoria Acquisition

Fintech News Desk
Wells Fargo & Company announced that its subsidiary, Wells Fargo Bank N.A. (London Branch), has provided debt financing to Columbia Threadneedle Investments (Columbia Threadneedle), part of Ameriprise Financial. The senior term loan of £163.5 million funded Columbia Threadneedle’s acquisition of the Project Victoria portfolio, a group of property assets purchased from......
Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform
Banking Fintech News

BCT-The Community’s Bank Continues Strategic Appointments, Welcomes Terry Elliott as Senior Vice President

Fintech News Desk
BCT-Bank of Charles Town, also known as The Community’s Bank, announced the appointment of Terry L. Elliott to the position of Senior Vice President, Commercial Lender, serving Loudoun County, Prince William County, and Northern Virginia. Read More: Guilford Savings Bank Expands Partnership with Jack Henry & Associates to Improve Commercial Lending Ms. Elliott brings a record of......
Jiko Acquires Mid-Central National Bank to Deploy Its Innovative Money Platform
Fintech Mobile Banking News

Jiko Acquires Mid-Central National Bank to Deploy Its Innovative Money Platform

Fintech News Desk
Jiko Group, Inc., a new bank holding company building an innovative money platform, announced it has completed its acquisition of Mid-Central National Bank – formerly Mid-Central Federal Savings Bank – headquartered in Wadena, MN. Read More: Four Benefits of Buy Now Pay Later for Ecommerce Retailers The transaction, which was approved......
Jonathan DeSimone Appointed New CEO Of Alcentra
Fintech Investment Services News

Jonathan DeSimone Appointed New CEO Of Alcentra

Fintech News Desk
Alcentra, one of the world’s largest managers of private debt with over US$40 billion1 of assets under management and part of BNY Mellon Investment Management, announced today the appointment of Jonathan DeSimone as its CEO and to the Alcentra Board of Directors, subject to Financial Conduct Authority (“FCA”) approval in......
Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington
Fintech News

Truist’s First Corporate Social Responsibility Report Highlights Significant Merger, Diversity Commitments

Fintech News Desk
Truist Financial Corporation (NYSE: TFC) today released its first Corporate Social Responsibility (CSR) Report following the historic merger of equals between BB&T and SunTrust in December of last year. The report reveals the new company’s near and long-term approaches for its economic and environmental, social and governance (ESG) impact. Read......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
Banking Fintech News

F.N.B. Corporation Announces Promotions for F.N.B. Equipment Finance Leadership Team

Fintech News Desk
Industry Veterans R. Timothy Evans and Donna Yanuzzi Named to Executive Roles with Company’s Leasing Business F.N.B. Corporation (NYSE: FNB), parent company of First National Bank, announced the promotion of R. Timothy Evans to President of F.N.B. Equipment Finance and Donna Yanuzzi to Managing Director of F.N.B. Equipment Finance Sales and Marketing. The leadership changes......
Banking Fintech News

Bogota Savings Bank and Gibraltar Bank to Merge

Fintech News Desk
Bogota Financial Corp. (“Bogota Financial”) (Nasdaq: BSBK), the holding company for Bogota Savings Bank (“Bogota”), and Gibraltar Bank (“Gibraltar”) today announced the execution of a merger agreement pursuant to which Gibraltar will merge with and into Bogota. The merger is expected to increase Bogota Financial’s consolidated assets from approximately $738.7......
Artificial Intelligence Fintech InsurTech

Majesco Recognized as a Leader in Insurance Agency Portals, Q3 2020 Analyst Evaluation

Fintech News Desk
Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced that it has been recognized as a leader in The Forrester Wave™: Insurance Agency Portals, Q3 2020 report. The Forrester Wave™ evaluation highlights Leaders, Stronger Performers, Contenders, and Challengers. It’s an assessment of the top vendors......
Wealthfront Speeds Up Money Movement from the Wealthfront Cash Account
Fintech News

Wealthfront Launches First Self-Driving Money™ Service

Fintech News Desk
Autopilot automates your savings plan so you can remove the stress of manually monitoring accounts and moving money Today, Wealthfront launched an exciting new service called Autopilot that automates a client’s savings plan so they no longer need to manually monitor accounts and move money around. This is a huge......
1