Search Results for: Truist

Altruist Offers 5.10% APY with New Cash Accounts–11x the National Average
Finance Fintech News

Altruist Offers 5.10% APY with New Cash Accounts–11x the National Average*

Business Wire
In addition to 5.10% APY, Altruist Cash users get access to FDIC insurance through partner banks—up to $1 million for individual accounts and $2 million for joint accounts—and same day transfers. Altruist, the modern custodian for RIAs, launches Altruist Cash, its native cash management solution. The announcement comes just weeks......
Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US
Investment Services News

Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US

PR Newswire
Truist Financial Corporation announced it has received $65 million in New Markets Tax Credits (NMTC) allocation authority from the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund. This is the 12th time Truist Community Development Enterprises, a subsidiary of Truist Financial Corporation, has received a NMTC award and the second year in a......
Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities
Finance News

Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities

Business Wire
Standard Chartered Americas announced that it has entered a trade finance partnership with Truist Bank that will enhance Truist clients’ ability to conduct global business. “This partnership will allow our clients to more efficiently achieve their goals, scale their business, invest in their teams and build their communities.” Through this......
GoTab Closes $18 Million Series A Led by Truist Ventures
Commerce News

GoTab Closes $18 Million Series A Led by Truist Ventures

PR Newswire
New round of capital will help scale digital ordering and payment product suite for restaurants, hotels, bars and event venues GoTab, a leading hospitality commerce platform, announced that it has closed on its $18 million Series A funding round. The round was led by Truist Ventures. The capital infusion will support GoTab’s......
Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem
Finance News

Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem

Fintech News Desk
Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources to build healthy small businesses. Truist Foundation’s grant provides long-term sustainability for PeopleFund’s Black,......
B2B News Technology

Altruist’s Model Marketplace Launches Cornerstone Partnership With ESG Pioneer HIP Investor

Fintech News Desk
Following Altruist’s recent expansion of its Model Marketplace and release of unified managed accounts (UMA) capabilities, the RIA fintech firm announces its partnership with ESG pioneer and long-time innovator HIP Investor, providing advisors with access to its Fossil Fuel Free Portfolio models focused on ESG and climate action for their clients.......
Truist Wealth Enhances Portfolio of Digital Investing Solutions With Truist Trade
Investment Services News

Truist Wealth Enhances Portfolio of Digital Investing Solutions With Truist Trade

Fintech News Desk
Self-directed investing solution empowers clients with simple account opening, zero-commission trades Truist Wealth has enhanced its digital investing capabilities with Truist Trade, a new self-directed investing solution that allows clients to open select investment accounts and conduct online trading on their own. “Our digital investing solutions are designed to meet......
Altruist to Launch UMA Capabilities, Enhancing Model Marketplace
Fintech News

Altruist to Launch UMA Capabilities, Enhancing Model Marketplace

Fintech News Desk
RIA fintech firm adds portfolio construction customization to create best-of-breed portfolios with no fee minimum Altruist, a fintech company on a mission to make financial advice better, more affordable and more accessible to everyone, announced a new feature to portfolio management capabilities – unified managed accounts (UMA). “Introducing UMA capabilities......
Truist Insurance Holdings Enhances Client Offerings With Acquisition of Benefitmall From Carlyle
InsurTech Investments News

Truist Insurance Holdings Enhances Client Offerings With Acquisition of Benefitmall From Carlyle

Fintech News Desk
Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage in the U.S., announced that it has signed a definitive agreement to acquire BenefitMall, the nation’s largest benefits wholesale general agency, from funds managed by global investment firm Carlyle. The transaction will add approximately $150 million of annual......
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