Search Results for: Deposit

Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch
Banking News

Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch

Business Wire
by Business Wire0
Atomic is excited to announce its collaboration with San Antonio-based Frost Bank, a top 50 financial institution with 185 branch locations across Texas. Incorporating Atomic into its operations will help Frost achieve its goals of improving customer satisfaction and making banking more accessible for all. Frost will be using Atomic’s solution for direct......
BAI Banking Outlook Research Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024
Finance Fintech News

BAI Banking Outlook Research: Financial Institutions to Prioritize Quality Deposit Growth Over Quantity in 2024

Business Wire
by Business Wire0
Research shows banks don’t need to be customers’ primary bank to attract quality deposits Leaders at financial institutions say that growing quality deposits continue to be the top strategic focus for the year, according to the annual BAI Banking Outlook survey. BAI, a nonprofit, independent organization that delivers the financial......
Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities
Banking Fintech News

Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities

Business Wire
by Business Wire0
Silvergate Capital Corporation, the holding company for Silvergate Bank (the “Bank”), today announced that, in connection with the previously disclosed plan to wind down the operations of and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes (the “Bank Liquidation”), the Bank has fully......
Finotta Launches Deposit Estimate Calculator to Help Financial Institutions Realize Deposit Growth Potential
Banking News

Finotta Launches Deposit Estimate Calculator to Help Financial Institutions Realize Deposit Growth Potential

Fintech News Desk
by Fintech News Desk0
Finotta, a provider of embedded fintech for digital banking, proudly launches its deposit estimate calculator, allowing financial institutions to quickly assess how much it could earn in potential initial deposits within the first year of offering Finotta’s Personified platform. Based on real performance metrics from financial institution clients, Finotta’s latest deposit......
Papaya Global Completes its Unified Payroll and Payments Platform with the Launch of the First Global Direct Deposit
Digital Payments News

Papaya Global Completes its Unified Payroll and Payments Platform with the Launch of the First Global Direct Deposit

PR Newswire
by PR Newswire0
The Workforce Wallet, which enables direct deposit in 12 currencies, and payment in over 160 countries (most of it on same day transactions) is the latest innovation in Papaya Global’s full suite of enterprise-grade solutions for global workforce management, enabling customers to direct deposit payroll payments Papaya Global, the only......
Bank of Baroda Revises Interest Rates on Retail Term Deposits
Banking News

Bank of Baroda Revises Interest Rates on Retail Term Deposits

PR Newswire
by PR Newswire0
Bank of Baroda (Bank), one of India’s leading public sector banks, announced increase in interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by up to 50 basis points across various tenors up to 3 years. These rates are applicable on deposits below Rs 2 crore, with effect......
4 Factors Impacting Regional Bank Deposits—and How to Combat Them
B2C Banking Guest Posts

4 Factors Impacting Regional Bank Deposits—and How to Combat Them

Diana Lagler
by Diana Lagler0
Regional banks are facing challenges as several factors put pressure on deposits. First, changes in interest rates have impacted bank profitability. Second, many banks are over-indexed in commercial real estate, which, due to the rise in hybrid and remote work, now presents increased risk. The failures of Silicon Valley Bank......
TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution
Digital Finance News

TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution

Business Wire
by Business Wire0
41In just 24 days Chartway Credit Union generated more than 500 new certificates and over $3 million in deposits with new solution TruStage announced CuneXus will be known as ‘Digital Storefront’. The new name reflects the fintech’s evolution since it was acquired by TruStage in 2020 and aligns with the organization’s rebrand......
Payitoff Launches the Bank Deposit Impact Estimator to Assist Financial Institutions in Managing the Student Loan
Fintech News

Payitoff Launches the Bank Deposit Impact Estimator to Assist Financial Institutions in Managing the Student Loan

GlobeNewswire
by GlobeNewswire0
Empowers Banks to Mitigate Deposit Exodus and Enhance Customer Savings Amidst Federal Student Loan Payments Start Payitoff, a leading provider of consumer debt guidance tools for financial institutions, fintech, and financial wellness providers, launched its Bank Deposit Impact Estimator tool from the floor of FinovateFall 2023. As federal student loan payments are......
Banking Cryptocurrency News

JP Morgan’s Blockchain-Based Deposit Token: A Game Changer

Fintech Staff Writer
by Fintech Staff Writer0
Blockchain-based digital deposit token According to a source familiar with the matter, JPMorgan Chase & Co. is investigating the feasibility of a blockchain-based digital deposit token to expedite international payments and settlement. According to the source, who asked not to be identified because the topic is private, the largest bank......
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