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Fortis Financial, Inc. and Fortis Private Bank Announce the Appointment of Brian Lilly to the Board of Directors
Banking Finance Fintech News

Fortis Financial, Inc. and Fortis Private Bank Announce the Appointment of Brian Lilly to the Board of Directors

Fintech News Desk
by Fintech News Desk0
Fortis Financial, Inc., the parent company of Fortis Private Bank, recently announced the appointment of Brian Lilly to the Board of Directors as an independent director. Mr. Lilly joins the Board of Directors of both Fortis Financial, Inc. and Fortis Private Bank with 30+ years of experience in the Banking and Financial......
Ideanomics Completes Acquisition of US Hybrid, Announces Order
Economy Finance News

Ideanomics Completes Acquisition of US Hybrid, Announces Order

Fintech News Desk
by Fintech News Desk0
US Hybrid also announces a significant multi-city order for all-electric street sweepers Ideanomics announced it has completed its previously reported May 12, 2021, definitive agreement to acquire 100 percent of privately held US Hybrid, a manufacturer and distributor of electric powertrain components and fuel cell engines for medium and heavy-duty commercial fleet applications.......
Fiserv Appoints Wafaa Mamilli to Board of Directors
Digital Digital Payments Fintech

Fiserv Appoints Wafaa Mamilli to Board of Directors

Fintech News Desk
by Fintech News Desk0
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced the appointment of Wafaa Mamilli to its board of directors. Mamilli will serve on the Technology Risk Committee of the board. “Wafaa brings the insights of a deep technology background to our board, which will inform......
Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds
Banking Digital Mobile Banking News

Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds

Fintech News Desk
by Fintech News Desk0
Customer Satisfaction Scores Increase as Growing Number of Users Migrate to Digital Bank and credit card customers in Canada are interacting with mobile apps and websites at a higher rate than ever before, with a record 68% of retail bank customers using mobile banking and 55% now classified as digital-only.......
MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May
Business Digital Digital Payments News

MoneyGram Delivers All-Time Record High for MoneyGram Online Transactions in May

Fintech News Desk
by Fintech News Desk0
MoneyGram Online (MGO) also delivered all-time highs in cross-border transaction and revenue as well as in digital receives and sends through Visa Direct MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced an all-time high in money transfer transactions for May in its direct-to-consumer channel,......
Symphony AyasdiAI Selected for the 2021 CyberTech100
Finance Fintech News

Symphony AyasdiAI Selected for the 2021 CyberTech100

Fintech News Desk
by Fintech News Desk0
AI-Driven FinTech Security Provider Named to Annual List of 100 of the World’s Most Innovative CyberTech Companies Symphony AyasdiAI announced that it has been selected for the 2021 CyberTech100, the annual list of pioneering companies helping financial institutions combat cyber threats and fraud. The full list of the CyberTech100, compiled......
Sunwest Bank Launches SNAP, a Fully Digital Business Bank Account Platform
Banking Digital Mobile Banking News

Sunwest Bank Launches SNAP, a Fully Digital Business Bank Account Platform

Fintech News Desk
by Fintech News Desk0
Sunwest New Account Portal (SNAP) gives business owners the ability to open their business bank accounts online no matter the complexity of the business Sunwest Bank, a leading entrepreneurial business bank serving the Western United States, is pleased to announce the launch of the Sunwest New Account Portal (SNAP), a digital banking platform......
VEON Shareholders Elect New Members to its Board of Directors
Digital Fintech News

VEON Shareholders Elect New Members to its Board of Directors

Fintech News Desk
by Fintech News Desk0
VEON Ltd., a leading global provider of connectivity and internet services, announces the results of the elections conducted at its Annual General Meeting of Shareholders held earlier today. Shareholders elected three new members to the Company’s Board of Directors: Vasily Sidorov, Irene Shvakman and Sergi Herrero, who is currently serving as co-Chief......
Nubank Attracts Second G Series Extension and Raises Round to $1.15 Billion
Finance Fintech News

Nubank Attracts Second G Series Extension and Raises Round to $1.15 Billion

Fintech News Desk
by Fintech News Desk0
Round is now US$ 250 million and had the participation of Brazilian managers such as Absoluto Partners and Verde Asset Nubank, the world’s largest independent digital bank, announced a second $250 million Series G extension, led by Sands Capital and with the participation of some of the best known Brazilian......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
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