Search Results for: Bank Director
First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds
First Financial Network, Inc. (FFN), a leading international loan sale advisor, has announced the successful sale of performing and non-performing loans totaling $112 million on behalf of several financial institutions and funds. The assets sold included predominantly commercial real estate loans (office, industrial, retail, mixed-use, and multifamily) as well as C&I business......
A Few Interesting Reads on Finance and FinTech
In view of the current Covid-19 pandemic, FinTech firms are enhancing their traditional methods and trying to adapt to modern needs by innovating in different segments, be it payments, digital banking, machine learning, gamification, and more. The importance of saving money or investing money has never felt more important, not......
Socure Announces Intelligent KYC, Applying Advanced Graph Analytics and Machine Learning to Compliance
New offering achieves upward of 90%+ auto-approval rates, unlocking millions in revenue Socure, the leader in Day Zero digital identity verification technology, announced the launch of “Intelligent KYC,” unlocking scale and speed in customer acquisition, industry-leading auto-approval rates, and fewer manual reviews. The new solution is a central pillar of......
PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality
PayPal Holdings, announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community.......
FinTech Startup Finosec Graduates from Tech Alpharetta
Company is the 12th Graduate of Tech Alpharetta’s Innovation Center Tech Alpharetta, the nonprofit organization helping the City of Alpharetta to lead in innovation, announces the most recent graduate from its Innovation Center, Finosec. The program’s 12th graduate, Finosec, a fintech startup that helps financial institutions to navigate cybersecurity and regulatory compliance,......
Huawei Empowers Global Financial Customers’ Digital Transformation with Mobile-Centric Strategy and Cloud, AI, and 5G Capabilities
Huawei Holds Global FSI Summit 2020 online Huawei held its Global FSI Summit 2020 (online overseas part) with the theme of “Thrive Digitally in a Mobile Future.” Financial institutions and enterprises were invited to share their experience and insights in dealing with the “new normal” in the post-pandemic era, involving......
Interfirst Mortgage Accelerates Relaunch of Wholesale Business Model To Meet Current Needs of the Mortgage Industry
Substantial equity capitalization to support new hybrid business model for both wholesale and retail sides of the business Interfirst Mortgage Company (Interfirst), a private equity-backed mortgage originator, announced it has relaunched operations with a new proprietary loan origination technology platform and an expanded business model – featuring both a wholesale......
Jay Fisher Named Regional Sales Executive at TCI
Automotive industry top-performing sales executive joins team, focused on helping lenders deliver dynamic digital experience Teledata Communications, Inc. (TCI), the provider of DecisionLender 4 (DL4), a consumer loan origination platform, has appointed Jay Fisher as regional sales executive. In his new position, Fisher will be responsible for establishing and growing......
Ethoca and Aite Group Research Finds Cardholders Are Eager for Digital Solutions that Deliver Greater Purchase Transparency
Ethoca, a Mastercard company, announced the release of new research that reveals cardholders have a strong appetite for digital solutions that provide greater insight into their purchases. These digital solutions will improve customer experience as well as reduce disputes, chargebacks and false claims by delivering in-depth purchase information direct to cardholders......