Search Results for: Retail Banking

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million
Capital Markets News

Bascom Group Ends 2021 with a 200-Unit Las Vegas Acquisition for $40.5 Million

Fintech News Desk
The Bascom Group, LLC has acquired a 1984/1985 built, 200-unit multifamily property in Las Vegas, Nevada. Bascom acquired Sun Chase in an off-market transaction, purchasing the 200-unit garden style property for $40,500,000 or $202,500 per unit. Annie Rice and Jamie Kline with JLL Capital Markets sourced the loan from ACRE Credit.  Apartment Management Consultants will provide property......
Returns Technology Company, Optoro Receives Strategic Investment from Zebra Technologies
Investment Services News

Optoro Receives Strategic Investment from Zebra Technologies

Fintech News Desk
New investment will support Optoro’s focus on improving customer experiences and reducing environmental and financial waste from returns Optoro, Inc., the leading technology platform for retail returns and reverse logistics, announced a new strategic investment led by Zebra Technologies Corporation, an innovator at the edge of the enterprise with solutions......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Closes $25 Million Loan to Wind Energy Project

Fintech News Desk
Wind Power Project will Produce 20 megawatts Needham Bank, which for more than a century has served as New England’s “Builder’s Bank,”  is pleased to announce it has closed a $25mm loan to an affiliate of SWEB Development USA (SWEB), Natick, MA for the development of a wind energy project in Maine. The loan is based......
Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines
Banking Capital Markets News

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

Fintech News Desk
Citi Continues to Execute on Global Consumer Bank Strategic Actions Citi announced it has reached agreement with UnionBank of the Philippines on the acquisition of Citi’s consumer banking franchise in the Philippines. The transaction covers Citi’s local credit card, unsecured lending, deposit and investment businesses, as well as Citicorp Financial......
Truist Expands Operation Hope Financial Coaching to 600 Branches
Finance News

Truist Expands Operation Hope Financial Coaching to 600 Branches

Fintech News Desk
Truist, Operation HOPE offer no-cost financial education to help build secure futures Truist Financial Corporation announced that HOPE Inside financial wellness coaches are now available for 600 Truist branches, a significant milestone in the company’s partnership with Operation HOPE. In April 2021, Truist announced an investment in Operation HOPE of $20 million for financial......
Finxact Introduces No-Code Visual Product Launchpad
Banking News

Finxact Introduces No-Code Visual Product Launchpad

Fintech News Desk
Fast & Intuitive Visual Experience for Product Design from Reusable Components Finxact, the provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, announced its Product Launchpad, a major platform enhancement that empowers banker product teams and product designers to create and deploy products on......
Mastercard to Add to Services Momentum with Acquisition of Dynamic Yield
Finance Fintech News

Mastercard to Add to Services Momentum with Acquisition of Dynamic Yield, McDonald’s Cutting-Edge Personalization Platform

Fintech News Desk
McDonald’s Will Continue to Scale and Integrate the Technology to Further Enhance Customer Experience Mastercard and McDonald’s announced an agreement for Mastercard to acquire McDonald’s state-of-the-art personalization platform and decision engine company, Dynamic Yield. Dynamic Yield’s technology is a natural addition to Mastercard’s existing suite of services that help brands......
Yoonik in Top 5 Most Accurate Algorithms in Europe and Americas in Live to Live Facial Matching
News Risk Management

Yoonik in Top 5 Most Accurate Algorithms in Europe and Americas in Live to Live Facial Matching

Fintech News Desk
Developer-first face authentication start-up YooniK consolidates top-tier status and paves the way for fully private and handsfree experiences YooniK has announced that the latest version of their facial authentication algorithm YooniK Face was independently ranked as top 5 for accuracy in the combined business regions of Europe and Americas in......
Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform
Blockchain Cryptocurrency News

Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform

Fintech News Desk
Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program. Public Mint will deploy a portion of the funds allocated to the program to......
Wealthface Launches Advanced Investing App
Investment Services News

Wealthface Launches Advanced Investing App

Fintech News Desk
The platform offers Face X for Local AED Free Transfers Wealthface, an Investment management company, announced the launching of its Invest App for passive investors in the Middle East and in the United States on Android and IOS. Wealthface offers expert investment services through a blend of investment options, advanced Fintech, and professional......
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