Search Results for: banking
First Bank & Trust Company Ranked Among Top Lenders by U.S. Small Business Administration District Office
Small businesses throughout Virginia and Tennessee are receiving much needed assistance from the Small Business Administration, thanks to First Bank & Trust Company. According to a recent announcement from the SBA, First Bank & Trust Company loaned $9.3 million in Fiscal Year (FY) 2019, a $2.6 million increase over the previous year. Read More: COVID-19 and Automation are......
Fintech Payment Services Company FXPress Payment Services Acquires Avila House
FXPress Payment Services Limited (FXPress), the fintech payment services company, is pleased to announce that it has entered an agreement to acquire Avila House Limited (“Avila House”), a licensed Small Electronic Money Institution (“small EMI”), subject to receiving appropriate regulatory approvals. The deal gives FXPress customers licensed access to receive......
Customers Losing Faith in Credit Card Issuers as COVID-19 Pandemic Lingers, J.D. Power Finds
American Express Ranks Highest in Overall Customer Satisfaction among National Credit Card Issuers; Regions Bank Ranks Highest among Regional Bank Issuers U.S. credit card customers appear to be losing faith that their card issuers will be there for them when they need it most as the COVID-19 pandemic continues to......
Manzil Partners With KOHO to Launch Halal Prepaid Visa Cards
This launch is the first of its kind in Canada and will give faith based users a unique opportunity to spend and save money Manzil, a digital Islamic financial services and alternative financing company announced its Halal Prepaid Visa card launch in partnership with KOHO, Canada’s leading challenger bank. KOHO is a......
Lincoln Financial Group Elects Reginald E. Davis to Serve on Board of Directors
Lincoln Financial Group announced that Reginald E. Davis has been elected to serve on the company’s board of directors. Read More: Curb Debuts Taxi PaaS Solution with City of Chicago to Enable E-hailing and Mobile Payments for Wheelchair Accessible Vehicles Reggie Davis joins Lincoln Financial Group’s Board of Directors Mr.......
HSBC Bank Launches Digital Application Experience for International Clients
New application allows both new-to-bank and existing international clients the ability to open U.S.-based accounts from the safety of their home through a seamless, digital journey(HSBC) HSBC Bank USA, N.A., part of HSBC Group, one of the world’s largest banking and financial services companies, launched its latest International Client Onboarding......
Cloud-native Payment Technology Provider Form3 Raises $33 Million in Strategic Investment Round
Form3, a cloud-native payment technology provider for banks and regulated fintechs, has completed a strategic equity investment round of $33 million. The new shareholders that include Lloyds Banking Group, Nationwide Building Society and venture capital firm 83North, join shareholders Draper Esprit, Angels Co-Fund and Barclay’s. Read More: Habito, UK’s Digital......
Samsung Gives Millions of Customers More Control Over Their Money, With the All-New Samsung Pay Card, Powered by Curve
Samsung Electronics Co., Ltd has today announced that the new Samsung Pay Card, powered by Curve, and in conjunction with global payments technology company Mastercard, will be available from August 18th. With ONE simple to use digital-first card, Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks.......
Bankia Accelerates Democratization of Wealth Management With Avaloq
Bankia, the fourth largest financial institution in Spain, has selected Avaloq’s on-premises solution to support the bank’s aspiration to further grow its wealth management business. Bankia, which selected Avaloq after a highly competitive tender process, is the wealthtech’s first Spanish banking client. Read More: COVID-19 and Automation are Changing Finance......