Search Results for: Bank Director

Banks and Credit Unions Lose Scale on Loans as Fintechs Grow
Banking Fintech News

Banks and Credit Unions Lose Scale on Loans as Fintechs Grow

Fintech News Desk
by Fintech News Desk0
New research from Mercator Advisory Group explores current trends and opportunities in installment lending for fintechs and financial institutions Mercator Advisory Group released a report on trends in installment lending titled Installment Lending: Fintechs Gaining Ground on Loans Forecast at $212 Billion. The research explains the state of consumer installment lending......
BMO Harris Bank Refreshes Cash Back Mastercard with More Value and Enhanced Benefits
Banking News

BMO Harris Bank Refreshes Cash Back Mastercard with More Value and Enhanced Benefits

Fintech News Desk
by Fintech News Desk0
Cardholders have new opportunities to earn more cash back BMO Harris Bank announced the refresh of its BMO Harris Bank Cash Back Mastercard with greater cardholder value and new benefits. The refresh provides richer cash back rewards for customers’ everyday spending without them having to make any changes. BMO cardholders......
Burke & Herbert Bank & Trust Company Announces Intent to Form Holding Company
Banking News

Burke & Herbert Bank Announces Richmond Expansion

Fintech News Desk
by Fintech News Desk0
Bank Establishes Richmond-Based Commercial Banking Team Burke & Herbert Bank is pleased to announce that the Bank’s commercial banking program and geographic reach now includes the greater Richmond, Virginia market. To serve the growing business community in the state’s capital and surrounding areas, the Bank has established a Richmond-based commercial banking team and plans to add a......
Associated Bank Releases 2021 Environmental, Social and Governance Report
News Risk Management

Associated Bank Releases 2021 Environmental, Social and Governance Report

Fintech News Desk
by Fintech News Desk0
Associated Banc-Corp has released its 2021 Environmental, Social and Governance (ESG) report. This annual report highlights the company’s progress on ESG priorities and features programs designed to improve the economic health of its markets; promote diversity, equity and inclusion; deliver a safe, productive and engaging workplace and culture; and preserve the......
Digital Asset Management News

CoinShares Makes Further Strategic Investment In FlowBank To Enhance Its Integrated Strategy

Fintech News Desk
by Fintech News Desk0
CoinShares increases its stake in FlowBank, the Swiss online bank targeting trading enthusiasts, facilitating increased digital asset exposure through its proprietary technology platform CoinShares, Europe’s largest and longest standing digital asset investment firm, announced that following approval from the Swiss Financial Market Supervisory Authority, has acquired an additional 20.8% stake......
BAI and BrightQuery Form Strategic Alliance to Provide Powerful Business Banking Analytics and Insights
Analytics Banking News

BAI and BrightQuery Form Strategic Alliance to Provide Powerful Business Banking Analytics and Insights

Fintech News Desk
by Fintech News Desk0
Recognizing the importance of providing powerful data and analytics in business banking, BAI, a nonprofit independent organization that delivers the financial services industry’s most actionable insights, and BrightQuery, the leading experts in sourcing, organizing and analyzing government-filed company and employment data, announced a strategic alliance. “We are excited about the powerful information......
Horizon Community Bank to Combine with Arizona Federal Credit Union
Banking News

Horizon Community Bank to Combine with Arizona Federal Credit Union

Fintech News Desk
by Fintech News Desk0
Horizon Community Bank, an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona and wholly-owned subsidiary of Horizon Bancorp, Inc., announced that it has entered into a definitive agreement for Arizona Federal Credit Union (“Arizona Federal”) to acquire Horizon Community pursuant to a purchase and assumption transaction. Horizon Community was......
Arbuthnot Latham to Implement nCino Across Private and Commercial Banking Estate
Banking Cloud News

Arbuthnot Latham to Implement nCino Across Private and Commercial Banking Estate

Fintech News Desk
by Fintech News Desk0
Building upon success at Arbuthnot Specialist Finance Limited (ASFL), broader bank to adopt cloud-native platform nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, announced that Arbuthnot Latham & Co. Ltd (Arbuthnot Latham) has selected The nCino Bank Operating System® to modernise the......
Ensurem Enters Into $100 Million Credit Facility with DZ BANK
InsurTech News

Ensurem Enters Into $100 Million Credit Facility with DZ BANK

Fintech News Desk
by Fintech News Desk0
Ensurem, a Florida-based insurance technology and distribution company, announced that it has entered into a $100 million credit facility with DZ BANK. This facility refinances existing debt and allows Ensurem to meaningfully increase the marketing and distribution of Medicare Advantage and Medicare Supplement policies. This new lending facility provides Ensurem with significant......
First Business Bank Completes $32.5 Million Capital Raise and Announces $5.0 Million Buyback Program
Banking Capital Markets News

First Business Bank Completes $32.5 Million Capital Raise and Announces $5.0 Million Buyback Program

Fintech News Desk
by Fintech News Desk0
First Business Financial Services, Inc. announced the successful private placement to institutional investors of $32.5 million in new capital consisting of $20.0 million of subordinated notes and $12.5 million of preferred stock (both more fully described below) and the redemption of $19.4 million of higher cost trust preferred securities and......
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