Search Results for: Truist

Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America
Banking Finance News

Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America

Fintech News Desk
by Fintech News Desk0
Gibraltar Business Capital, an industry leader in asset-based lending for lower middle-market businesses, announced an expanded financing partnership with Bank of America through a new $150MM line of credit. The line of credit provides Gibraltar the necessary capacity to serve its growing portfolio of lower mid-market businesses seeking flexible, reliable financing while......
Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance
Banking Finance News

Financial Data Exchange (FDX) Reports 16 million Consumers Now Using FDX API

Fintech News Desk
by Fintech News Desk0
U.S. & Canada now lead the world in open banking and open finance API adoption through industry-led technical standards body The Financial Data Exchange (FDX) today reported that 16 million North American consumers are now using its FDX API for open banking and open finance data sharing. This milestone solidifies the......
DeFi Technologies and HIVE Blockchain Technologies Complete Share Exchange
Blockchain Finance Fintech News

DeFi Technologies and HIVE Blockchain Technologies Complete Share Exchange

Fintech News Desk
by Fintech News Desk0
DeFi Technologies Inc. is pleased to announce that further to its press release dated March 25, 2021, it has completed the share exchange transaction (the “Transaction“) with HIVE Blockchain Technologies Ltd. Pursuant to the Transaction, DeFi Technologies issued ten (10) million common shares of DeFi Technologies to HIVE in exchange for four (4)......
Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services
Banking Digital Digital Payments Fintech

Fintech Startup Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services

Fintech News Desk
by Fintech News Desk0
The biggest names in finance invest in Greenwood including 6 of the top 7 banks and others – Truist, Bank of America, PNC, JPMorgan Chase, Wells Fargo, Mastercard, Visa, and SoftBank Greenwood, the digital banking platform for Black and Latino individuals and business owners, announced it has closed $40 million of......
Sheffield Financial And Kawasaki Motors Corp., USA Announce A Renewed Multiyear Retail Financing Program Contract
Finance Fintech News

Sheffield Financial And Kawasaki Motors Corp., USA Announce A Renewed Multiyear Retail Financing Program Contract

Fintech News Desk
by Fintech News Desk0
Sheffield Financial, a division of Truist Bank, and Kawasaki Motors Corp., U.S.A. (Kawasaki), recently agreed to a multiyear financing services program agreement. Since 2009, Sheffield has provided Kawasaki customers with innovative financing solutions through Kawasaki’s independent network of powersports dealers. Read More: Nuance Voice Biometrics Technology Strengthens Bank Australia’s Authentication and Security Processes “Our long-standing relationship......
NYMBUS Expands Industry Advisory Board with Two New Appointments
Banking Digital Fintech News

NYMBUS Expands Industry Advisory Board with Two New Appointments

Fintech News Desk
by Fintech News Desk0
NYMBUS®, a leading provider of banking technology solutions, today announced the appointment of two new members to its Industry Advisory Board, effective immediately. The company welcomes industry leaders James Robert Lay, Founder and Chief Operating Officer of the Digital Growth Institute, and Hunter Young, Founder and President of the HIFI......
Zelle® Closes 2020 with Record $307 Billion Sent on 1.2 Billion Transactions
Banking Fintech News

Zelle® Closes 2020 with Record $307 Billion Sent on 1.2 Billion Transactions

Fintech News Desk
by Fintech News Desk0
– Year-over-year Growth: Sent payment values increased by 62%, while transaction volumes increased by 58% – Achieving ubiquity with banks and credit unions: Nearly 500 new financial institutions of all sizes joined the Zelle Network® in 2020 – Zelle for small businesses: New use case launches with 11 financial institutions,......
Monevo Appoints Lee Stretton as Chief Innovation Officer
Banking Business Fintech News

Monevo Appoints Lee Stretton as Chief Innovation Officer

Fintech News Desk
by Fintech News Desk0
Monevo, Europe’s largest personal credit platform & API, today announced the appointment of Lee Stretton as Chief Innovation Officer. Based at Monevo’s headquarters in Cheshire, Lee will be responsible for overseeing product, data and technology for Monevo as well as working closely with the Monevo Territory Directors on overall strategy.......
Ukheshe to issue cards across East Africa with support from KCB
Banking Fintech News

Ukheshe to Issue Cards Across East Africa With Support From KCB

Fintech News Desk
by Fintech News Desk0
In an initiative that will see the growth and development of payment services within the East Africa region, leading digital fintech platform provider, Ukheshe, has announced the conclusion of a new agreement with the Kenya-based lender KCB Bank Kenya. Through the agreement, KCB will sponsor Ukheshe’s Bank Identification Number (BIN)......
mobile banking
Banking Economy Featured Fintech

Challenger Banks From Around the World That Are Redefining Banking

Fintech News Desk
by Fintech News Desk0
Challenger banks are fully functional digital banks, the popularity of these banks is rising today because of the comfort they can offer users by offering every service online. They do not offer physical branch facilities and from depositing money to issuing cheques, etc. everything happens virtually. Challenger banks have disrupted......
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