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Customers Bank Appoints Industry Veteran Daniel Park as Senior Vice President, Treasurer
Banking Fintech Fintech Funding News Risk Management

Customers Bank Appoints Industry Veteran Daniel Park as Senior Vice President, Treasurer

Fintech News Desk
by Fintech News Desk0
Customers Bank is pleased to announce industry veteran Daniel Park has joined the bank as Senior Vice President and Treasurer. Park will use his three decades of experience to enhance interest rate risk management processes, integrate capital and liquidity stress testing into corporate planning, as well as optimize funding, liquidity......
Deutsche Bank Launches Payments Platform Through 2C2P in Thailand
Banking Fintech News

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of LION GROUP HOLDING LTD.

Fintech News Desk
by Fintech News Desk0
Deutsche Bank announced its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Lion Group Holding Ltd. (the “Company” or “LION”). Read More: M Financial Group Licenses FAST Software to Enable New Digital Ecosystem for Member Firms “We are very pleased to have been appointed as depositary......
Satori Capital Invests in Faraday Capital
Business Fintech Investment Services News

Satori Capital Invests in Faraday Capital

Fintech News Desk
by Fintech News Desk0
Satori Capital, a Texas-based investment firm founded on the principles of conscious capitalism, announced an investment and acceleration partnership with Faraday Capital, L.P. Satori, a multi-strategy firm with more than $1 billion in assets under management (“AUM”), completed the $10 million investment as part of its Satori XL Partnership Program,......
Square announces Terminal API at Unboxed 2020 Conference
Banking Business Capital Markets Fintech News

PPP in Review: Square Capital Has Facilitated Over $820M in Stimulus Loans to 76,000+ Small Businesses Across All 50 States

Fintech News Desk
by Fintech News Desk0
Since we began processing Payroll Protection Program (PPP) applications on April 29, 2020, as of June 10, Square Capital has facilitated more than $820 million in PPP loans, providing access to a financial lifeline to more than 76,000 small businesses. That’s an average loan of less than $11,000, with 97%......
Accenture Collaborates with Oracle to Transform Nickel Bank’s Finance Functions
Business Fintech News

Despite External Industry Threats, Few Wealth Managers Plan to Change Their Business Models, Accenture-Orbium Report Finds

Fintech News Desk
by Fintech News Desk0
Despite growing external threats to wealth managers’ businesses, including losses from intergenerational wealth transfers, nearly four in five wealth managers (78%) in Europe and Asia don’t plan significant changes to their traditional business models, according to a new report from Accenture and Orbium, part of Accenture Wealth Management. Read More:......
Wells Fargo Invests in Six Black-Owned Bank
Fintech Investment Services News

Barry Sommers Named Wells Fargo Wealth & Investment Management CEO

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company announced that Barry Sommers will join the company as CEO of Wealth & Investment Management (WIM) on June 22, reporting to CEO Charlie Scharf. Sommers will have responsibility for the company’s delivery of wealth management, investment, and retirement products and services to clients through its U.S.-based......
Apollo Fintech Announces Completion of the First Blockchain National Currency Platform
Blockchain Business Fintech News

United Allied States (UAS) Designates Apollo Fintech as Official Technology Partner

Fintech News Desk
by Fintech News Desk0
United Allied States (UAS) is pleased to announce a new partnership with Apollo Fintech. Apollo Fintech is the leading technology company developing interconnected solutions for government. The blockchain company is designated as UAS’s official technology partner, and will continue developing and maintaining the most advanced and efficient government systems available,......
Efma and Accenture Announce Winners of Innovation in Insurance Awards 2020
Artificial Intelligence Big Data Fintech InsurTech News

Efma and Accenture Announce Winners of Innovation in Insurance Awards 2020

Fintech News Desk
by Fintech News Desk0
Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture have announced the winners of the fifth annual Innovation in Insurance Awards during a virtual awards ceremony. “We were pleased to see great inroads being made this year to transform the insurance industry in customer......
AST Private Company Solutions Links with Liquidity Financing Investment Fund Liquid Stock
Business Fintech Investment Services News

AST Private Company Solutions Links with Liquidity Financing Investment Fund Liquid Stock

Fintech News Desk
by Fintech News Desk0
AST Private Company Solutions™ (AST PCS) introduced a new strategic partnership with Liquid Stock, the venture capital-like investment fund providing bespoke liquidity solutions to pre-IPO companies, their investors and employees. Shareholders and CFOs using PCS’s new Astrella™ capitalization (cap) table and ownership data management platform will now be able to......
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