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Alliance Bank Improves Customer Experience with Ephesoft’s Intelligent Capture Solution
Banking

Alliance Bank Improves Customer Experience with Ephesoft’s Intelligent Capture Solution

Fintech News Desk
Prominent APAC Bank and Content Capture Leader Join Forces to Accelerate Credit Automation Processes. Ephesoft, Inc., an industry leader in enterprise content capture and data discovery solutions, and Alliance Bank Malaysia Berhad, a bank well known for serving Malaysian small and medium enterprises (SMEs), today announced that the bank has implemented......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

Admin
Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
BB&T and Suntrust Complete Merger of Equals to Become Truist
Banking News

BB&T and Suntrust Complete Merger of Equals to Become Truist

Fintech News Desk
Clients to Be Served Through the BB&T and Suntrust Brands Until Conversion Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., effective Dec. 6, 2019. Truist is the sixth largest US commercial bank, serving approximately 10 million consumer households and a......
Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners
Artificial Intelligence News

Montreal Fintech FlexPay Raises $6M from Impression Ventures and BMO Capital Partners

Fintech News Desk
FlexPay—which uses AI and machine-learning to help merchants recover lost revenues from declined transactions—is proud to announce they raised $6 million dollars, led by Impression Ventures, with participation from BMO Capital Partners, Anges Québec and strategic partners. Credit card issuers report that 24% of recurring credit card transactions are falsely declined,......
BankerBay is now Aurigin
Banking News

BankerBay is now Aurigin

Fintech News Desk
The Platform for Deal Origination BankerBay, one of the world’s largest private deal origination platform, announced that it has rebranded to Aurigin, effective immediately. The Aurigin platform is already positioned as the leading mid-market deal origination resource with over $250 billion of live, investable deals and $30 billion of new deal flow each month. The......
Olympus Fintech Introduces Olympus Platform
Fintech News

Olympus Fintech Introduces Olympus Platform

Fintech News Desk
Innovative, One-Stop Solution Provides Investment Managers Unified Ecosystem of Information and Communication throughout Investment Life Cycle Olympus Fintech, a leading software company creating solutions for public and private market asset managers, announced the launch of its Olympus Platform (the “Platform”), an innovative, one-stop tool that improves operating efficiency for investment......
CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)
Banking News

MUFG Union Bank, N.A. Closes $1 Billion Bank Note Offering, Breaking New Ground with $300 Million Bank Note Benchmarked to Secured Overnight Financing Rate (SOFR)

Fintech News Desk
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s leading financial groups, announced that MUFG Union Bank, N.A., the primary banking subsidiary of MUFG Americas Holdings Corporation, has closed a $1 billion bank note offering. The two-tranche transaction is structured as a $700 million fixed rate bank note with a coupon......
Dominion Energy Ohio Issues Scammer Alert to Customers
Banking News

Dominion Energy Ohio Issues Scammer Alert to Customers

Fintech News Desk
Dominion Energy Ohio warns customers not to provide banking or other personal information to scammers who claim such data is required to receive a new federal tax cut credit. The company reminds customers they will begin receiving those credits automatically, beginning in April 2020, in their monthly bills. The Public Utilities......
Crusoe Energy Systems Announces $70 Million in Funding for Expansion of Digital Flare Mitigation Services
Fintech Funding News

Crusoe Energy Systems Announces $70 Million in Funding for Expansion of Digital Flare Mitigation Services

Fintech News Desk
Bain Capital Ventures and KCK Group Led the Equity Financing Crusoe Energy Systems, Inc., a technology-driven flare mitigation provider, announced the close of $30 million in equity funding and $40 million in project financing for a combined $70 million in new capital targeting the rapid expansion of Crusoe’s proprietary Digital Flare Mitigation™ (“DFM”) technology and......
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