Search Results for: Citizens Bank
Bank of America Announces Seven Completed Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks
Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity. As part of that commitment, today the company is announcing it has now completed 7 equity investments in Minority Depository Institutions and Community Development Financial Institution Banks. Bank of America has acquired approximately 4.9% of......
HDFC Bank’s Ravi Santhanam in Forbes List of World’s Most Influential CMOs
Ravi Santhanam, Chief Marketing Officer (CMO), HDFC Bank has been recognised in the Forbes list of ‘The World’s Most Influential CMOs’. Ranked at Number 39, he is the only CMO of an Indian company to be featured in the illustrious list which includes marketing heads of Apple, BMW, Lego, Adobe, Microsoft,......
How Are Neobanks Changing The Face Of Banking Today?
The inequality gap in America continues to grow at a staggering rate. The CEO-to-worker compensation ratio was 21-to-1 in 1965. In 2019 the ratio was 320-to-1. If you made $10 an hour in 1965, the CEO of your company would have made $210 an hour. In contrast to today, if you......
50 New Banks Leverage Teslar Software for PPP Forgiveness and Lending Initiatives
Fintech helps community banks support their local businesses in time of need Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that it has added 50 new clients in the last 90 days. Teslar will help these banks manage......
Global Bank’s President Ron Nechemia Offers Humanitarian and Developmental Assistance to Lebanon in Response to the Deadly Explosion
Global Bank Group has offered humanitarian and development assistance to Lebanon following the massive August 4 explosion that rocked its capital, Beirut, and killed more than 220 people, injured more than 7,000, and left an estimated 300,000 homeless. The Global Bank’s regional office for the Middle East and North Africa Region is working with partners, including Lebanon’s Prime Minister Hassan......
Cardtronics takes over management of Triodos Bank’s ATM network
Cardtronics, the world’s largest ATM owner/operator announced it has taken over the management of Triodos Bank’s ATM network to provide the bank with a cost-effective way to maintain cash access for its customers. The outsourcing agreement between Triodos Bank and Cardtronics, which came into effect this month, sees the bank......
Future FinTech Plans to Enter the Challenger Bank and Digital Payment Sector
Future FinTech Group Inc., a leading blockchain e-commerce and financial technology company, today announced it plans to enter the challenger bank and digital payment sector. Challenger banks are small, recently created retail banks that compete directly with the longer-established banks, sometimes by specializing in areas under served by the big traditional banks.......
Citizens Business Conditions Index™ Shows Surprising Stability in Second Quarter as Stimulus and Reopenings Ease Economic Impact of COVID-19 Pandemic
The second quarter of 2020 began with many businesses reeling from the shutdown of the global economy caused by the COVID-19 pandemic. Most economic indicators posted disastrous results while the U.S. government and Federal Reserve rushed to enact legislation or policies to soften some of the worst impacts of the......
Union Of Arab Banks, Union of Arab Chambers and INSME Issue Digital Economy Guidelines with GCEL to Reenergize the Banking Industry and Jump-Start the Global Economy
International organizations released Ten Digital Economy Guidelines in alignment with the G20 Leaders’ policy directives that aim at securing sustainable economic growth. The Guidelines were adopted by theUnion of Arab Banks (UAB), Union of Arab Chambers (UAC), International Network for SMEs (INSME), and the Global Coalition for Efficient Logistics (GCEL) to set the foundation for successfully implementing the Digital Economy. Read......