Search Results for: Development Association

First Citizens Completes Merger With CIT Group
Banking News

First Citizens Completes Merger With CIT Group

Fintech News Desk
by Fintech News Desk0
First Citizens BancShares Inc., parent company of First-Citizens Bank & Trust Company,  announced completion of its previously announced merger with CIT Group Inc. North Carolina-headquartered First Citizens is now a top 20 U.S. financial institution (based on assets), with more than $100 billion in assets, and the largest family-controlled bank......
WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members
Fintech News

WSFS Financial Corporation Completes Acquisition Of Bryn Mawr Bank Corporation and Welcomes Three New Board Members

Fintech News Desk
by Fintech News Desk0
WSFS Financial Corporation, the parent company of WSFS Bank, completed the acquisition of the Bryn Mawr Bank Corporation, and its primary subsidiary, The Bryn Mawr Trust Company (“Bryn Mawr Trust”), as of January 1, 2022. In addition, in accordance with the merger agreement between WSFS and Bryn Mawr, Frank J.......
Fintech Startup Almond Finance Closes Funding Round of $2 Million
B2B Fintech News

Fintech Startup Almond Finance Closes Funding Round of $2 Million

Fintech News Desk
by Fintech News Desk0
Almond’s platform is positioned to enable blockchain-based money transfers between Asia and North America Almond Finance, a B2B technology provider offering a blockchain-based funds transfer infrastructure to connect financial institutions and their users globally, has closed a seed funding round of $2 million. The fundraising, led by Morningside Group, will......
Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments
Finance Fintech News

Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments

Fintech News Desk
by Fintech News Desk0
Seasoned finance leader, Roy Heldshtein, joins as Managing Partner and Chief of Operations; VP Business Dev & Operations at Team8 Fintech, Galia Beer-Gabel, announced as Partner; Co-founder of ClearX, Gal Hochberg, has been appointed as group’s CTO Team8, a global venture group, announced the appointment of former VP of Finance......
KKR to Acquire Leading Software Provider Yayoi from ORIX
Investment Services News

KKR to Acquire Leading Software Provider Yayoi from ORIX

Fintech News Desk
by Fintech News Desk0
Investment elevates Yayoi into next phase of growth and enhances its work to meet digitalization needs of Japanese SMEs KKR, a leading global investment firm, announced the signing of a definitive agreement under which KKR will acquire Yayoi Co., Ltd., a software developer, distributor, and support service provider for small-......
Merck Issues $1 Billion Inaugural Sustainability Bond
Fintech News

Merck Issues $1 Billion Inaugural Sustainability Bond

Fintech News Desk
by Fintech News Desk0
Merck, known as MSD outside the United States and Canada, announced its inaugural issuance of a $1 billion sustainability bond, which was part of an $8 billion underwritten public offering of notes that closed on 2021. Latest Fintech Insights: SVB Financial Group Acquires Technology Equity Research Firm MoffettNathanson LLC Merck’s environmental,......
Blue Ridge Bank Named Top 10 USDA B & I Lender
Banking Fintech Lending News

Blue Ridge Bank Named Top 10 USDA B & I Lender

Fintech News Desk
by Fintech News Desk0
Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), is pleased to announce its inclusion to the top 10 commercial lender list by the U.S. Department of Agriculture Rural Development. This accomplishment designates Blue Ridge Bank as one of the leading 2021......
Claim Settlement Case in Madagascar Proves the Value of Insurance
InsurTech News

Claim Settlement Case in Madagascar Proves the Value of Insurance

Fintech Analyst
by Fintech Analyst0
Insurance is a huge market within the fintech ecosystem. It’s growing at a rapid pace. Despite going through so much in the last 2 years due to the COVID-19 pandemic, a very large set of populations around the world undermine the value of insurance services. The value of insurance can......
APGA Tour's Ryan Alford, Kamaiu Johnson Receive Sponsor's Exemptions To The 2022 Farmers Insurance Open
Banking InsurTech Lending News

APGA Tour’s Ryan Alford, Kamaiu Johnson Receive Sponsor’s Exemptions To The 2022 Farmers Insurance Open

Fintech News Desk
by Fintech News Desk0
Exemptions extend tournament’s support of Farmers Insurance and APGA Tour’s efforts to grow diversity in golf Farmers Insurance Open tournament officials from the Century Club of San Diego announced that two multi-event winners on the APGA Tour, Ryan Alford and Kamaiu Johnson, have each been awarded with exemptions to play in the 2022 Farmers......
What Fintech Industry Leaders Think about Full-Stack Digital Banking Framework
Commerce Digital Payments Featured

What Fintech Industry Leaders Think about Full-Stack Digital Banking Framework

Sudipto Ghosh
by Sudipto Ghosh0
A regulated Digital Banking framework has become an undisputed component in the rapidly evolving Fintech ecosystem. The Indian fintech market is considered as one of the most robust, yet highly challenging as far as regulation and governance are considered. In order to bring some regulation within the industry, Niti Aayog......
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