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Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
fliggs mobile and T-Mobile Launch an All-digital Web3 MVNO
Cryptocurrency News

fliggs mobile and T-Mobile Launch an All-digital Web3 MVNO

Business Wire
fliggs mobile is excited to announce its innovative collaboration with T-Mobile in launching the first all-digital Web3 MVNO. A bold and visionary step in converging Telco and Web3, putting the mobile service provider at the heart of enabling Web3 mass adoption. fliggs mobile has integrated a non-custodial wallet into its......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
500 Global Brings Policy, Tech and Venture Capital Together for the Next Decade of Innovation
Investment Services News

500 Global Brings Policy, Tech and Venture Capital Together for the Next Decade of Innovation

Business Wire
500 Global, one of the world’s most active venture capital firms1, whose portfolio includes notable technology companies including Canva, GitLab, and Grab, announced a new summit bringing together venture capital investors, asset allocators, innovators, and policymakers to discuss a shared future for technology and innovation. The future of venture capital......
Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger
Banking News

Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger

PR Newswire
Peoples Financial Services Corp. and FNCB Bancorp, Inc. announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume weighted average stock price for Peoples’ common stock of $44.13 as of September 26, 2023, resulting in an......
Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph
Banking News

Bit Builders Delivers Turnkey Check Fraud Detection Solution with OrboGraph

PR Newswire
Integration of OrboGraph’s OrboAnywhere Fraud Module with Bit Builders’ NextGen Digital Banking offers a stand-alone platform Bit Builders Inc., creators of the NextGen Digital Banking platform, announced its business partnership with OrboGraph, a global leader in check and payment processing automation. The collaboration provides an industry-leading platform financial institutions can leverage to......
Pivotree Announces Second Earnout Payment in Connection with Bridge Solutions Acquisition
Commerce News

Pivotree Announces Second Earnout Payment in Connection with Bridge Solutions Acquisition

Business Wire
Pivotree, a leading provider of frictionless commerce solutions, announces that Bridge Solutions Group (“Bridge Solutions”) has met certain of the remaining earnout milestones for the fiscal 2022 that formed part of the terms of Bridge Solutions’ acquisition in September, 2021. As such, the former shareholders of Bridge will be paid a second......
RBFCU Wealth Management Welcomes The Garner Davis Group
Investment Services News

RBFCU Wealth Management Welcomes The Garner Davis Group

PR Newswire
The Garner Davis Group recently joined RBFCU Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC. The team is led by Financial Advisors and Managing Partners Wes Garner, CRPC, APMA and Bethany Davis. Together, they have over 39 years of financial services experience. Through RBFCU Wealth Management, Garner and Davis......
New Study Reveals Cloud Giants are Holding Businesses Captive
Cloud News Technology

New Study Reveals Cloud Giants are Holding Businesses Captive

Fintech News Desk
Independent study finds that 96% of respondents would find value in a connectivity cloud approach Cloudflare, Inc., the leading connectivity cloud company, released a commissioned study conducted by Forrester Consulting that underscores companies’ growing need to connect everything in their business, while maintaining control over their security, productivity, and competitive......
Blend Income Expands Verification Coverage through New Assets-Derived Income Capability
Banking News

Blend Income Expands Verification Coverage through New Assets-Derived Income Capability

Business Wire
Integration with Freddie Mac’s AIM Check API can help automate and simplify income assessment to turn leads into applications Blend, a leading provider of cloud banking services, announced the addition of Assets-Derived Income to its existing Blend Income product. Blend Income is now integrated with Freddie Mac’s AIM Check application......
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