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Banking News

Dollar Bank Hires Paul David Spradley, Ed. D, to Lead Diversity, Inclusion, and Equity Efforts

Fintech News Desk
by Fintech News Desk0
President and CEO, Jim McQuade, announced today that Dollar Bank has completed the search that began earlier this year and hired Paul David Spradley, Ed. D, to lead the Bank’s diversity, inclusion, and equity efforts. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies “Paul’s experience and......
Capital Markets Fintech News

Wells Fargo Names Mike Santomassimo as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief Financial Officer. Santomassimo will report to CEO Charlie Scharf and serve on the company’s Operating Committee. He will succeed John Shrewsberry, who has announced plans to retire following a successful......
Cryptocurrency Fintech

Western Union Expands with NongHyup in South Korea

Fintech News Desk
by Fintech News Desk0
Western Union, a global leader in cross-border, cross-currency money movement and payments, has expanded its cooperation with NH Bank, through NH Bank’s appointment of NongHyup (Agricultural Co-operative) as a sub-agent to offer Western Union money transfer services, enabling customers in South Korea to send money to their loved ones in more than......
Unqork and Arachnys Announce Partnership to Modernize Customer Onboarding Processes
Business Fintech News

Deloitte and Unqork Announce Strategic Alliance to Solve Business Challenges with Accelerated No-Code Solutions

Fintech News Desk
by Fintech News Desk0
Unqork, the leading enterprise no-code application platform, announced the formation of a strategic alliance with Deloitte Consulting LLP to deliver system integration services for Unqork’s no-code application platform. Read More: GIACT Donates Identity and Account Verification Services to the Brave of Heart Fund, Supporting Families of Frontline Healthcare Workers and......
Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion
Banking Fintech Fintech Funding News

Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion

Fintech News Desk
by Fintech News Desk0
Thought Machine, the cloud native core banking technology firm, with its APAC headquarters in Singapore, marks its entrance into the Asia Pacific market by announcing the signing of an additional $42m in funding for its series B round. This round extension will close in early August and is led by......
Aegean Airlines Partners with ACI Worldwide to Maximize Revenue and Combat eCommerce Payments Fraud
Banking Business Fintech News

ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced a strategic partnership with Arvato Financial Solutions to combat the rising levels of eCommerce fraud during the Covid-19 crisis. Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies @ACI_Worldwide and Arvato Financial Solutions partner to......
Investment Services News

Waller Helms Advisors Appoints James Anderson As Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Waller Helms Advisors (“WHA”), an industry leading specialist investment bank focused on the insurance, healthcare, investment, and financial technology sectors, today announced that it has appointed James Anderson as Chief Executive Officer. Anderson joins WHA from CNA Financial, one of the largest commercial P&C carriers in the United States, where......
Ping An Bank named World's Best Digital Bank
Banking Fintech Mobile Banking News

Ping An Bank Named Asia’s Best Digital Bank by Euromoney, A First for Chinese Bank

Fintech News Desk
by Fintech News Desk0
Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group”, HKEx:2318; SSE:601318) announced that the Group’s subsidiary, Ping An Bank Co., Ltd. (hereafter “Ping An Bank“, SZ:000001) won the “Asia’s Best Digital Bank” award in Euromoney’s Awards for Excellence 2020. Ping An Bank is China’s first bank to receive this award. Previous......
Banking Fintech Guest Posts

5 Things You Need to Know about the LIBOR Transition

Bruce Orcutt
by Bruce Orcutt0
LIBOR has often been regarded as the world’s most important number. It’s one of the most widely utilized interest rates in the world used for tens of millions of financial contracts worth more than USD 300 trillion globally. Its cessation December 31, 2021 will alter financial markets around the globe......
Banking Fintech News

Boenning & Scattergood Deepens Commitment to Bank and Thrift Sector with Addition of Joseph Plevelich, CFA®, Director and Senior Research Analyst

Fintech News Desk
by Fintech News Desk0
Boenning & Scattergood, Inc., a leading independent securities, wealth management, and investment banking firm, is pleased to announce Joseph Plevelich, CFA®, has joined its Equity Research team as Director and Senior Research Analyst covering banks and thrifts at its headquarters in West Conshohocken, PA. This addition broadens the firm’s domain......
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