Search Results for: bank

DFCU Financial Completes First Citrus Bank Acquisition
Banking Finance News

DFCU Financial Completes First Citrus Bank Acquisition

Fintech News Desk
DFCU Financial and First Citrus Bank have closed on their previously announced business combination and are now branded as DFCU Financial. This transaction creates a stronger and more comprehensive financial institution for its members. “We are enthusiastic about this partnership and are committed to providing the exceptional level of service and......
Renasant Bank Acquires Republic Business Credit
Finance News

Renasant Bank Acquires Republic Business Credit

Fintech News Desk
Renasant Corporation announced that effective December 30, 2022, its wholly-owned subsidiary, Renasant Bank, has acquired Republic Business Credit (formally known as Continental Republic Capital, LLC) (“RBC”) in an all cash transaction. RBC is a market-leading commercial finance company with average earning assets in excess of $100 million. Founded in 2011,......
BankFirst Capital Corporation Completes Acquisition of Mechanics Banc Holding Company and Mechanics Bank
Banking News

BankFirst Capital Corporation Completes Acquisition of Mechanics Banc Holding Company and Mechanics Bank

Fintech News Desk
BankFirst Capital Corporation, parent of BankFirst Financial Services, announced the completion of its previously-announced acquisition of Mechanics Banc Holding Company, a Mississippi corporation (“Mechanics”), and its wholly-owned banking subsidiary, Mechanics Bank, Water Valley, Mississippi (“Mechanics Bank”). The acquisition was effective on January 1, 2023 and results in BankFirst having 47 offices serving Mississippi and Alabama, with total assets......
BearingPoint Boosts Banking, Insurance and Asset Management Capabilities by Acquiring Levo Consultants
Finance News

BearingPoint Boosts Banking, Insurance and Asset Management Capabilities by Acquiring Levo Consultants

Fintech News Desk
Synergies with Levo Consultants will enable the management and technology consultancy to approach customers with stronger offerings and teams BearingPoint, a European management and technology consulting firm, announced it has acquired Levo Consultants, a Paris-based financial services consultancy. Founded in 2018, Levo Consultants offers clients a high level of expertise......
B2C Banking News

Mobile Banking Gets New Edge By Microsoft And Yes Bank

Fintech Staff Writer
Microsoft’s enterprise-grade cloud platform will support YES BANK in scaling up various services by bringing together merchants and ecosystem partners on to the same platform. This will empower the Bank to cater to diverse financial needs of customers across loans, payments, deposits, investments, cards and more.YES BANK announced that it......
Banking Fintech News Technology

KYC Compliance For Specialized Bank By Startups

Fintech Staff Writer
After receiving the first ever issued EU specialized banking license, the Lithuanian boutique bank is in its hypergrowth stage. As guaranteed by mano.bank, prior to taking care of business with iDenfy, the objective was to proceed to give the accommodation of use without settling for less on the experience for......
CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement
debt collection Finance News

CytoSorbents Receives $5 Million in Non-Dilutive Debt Financing from Bridge Bank and Extends Loan Agreement

Fintech News Desk
Non-dilutive debt capital at market favorable terms strengthens the balance sheet and provides additional working capital to fund key clinical and commercial initiatives CytoSorbents Corporation, a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using blood purification via its proprietary polymer adsorption technology,......
Sunflower Bank, N.A. Expands Bank On-Certified Financial Empowerment Checking Account
Banking News

Sunflower Bank, N.A. Expands Bank On-Certified Financial Empowerment Checking Account

Fintech News Desk
Sunflower Bank, N.A. announces its Bank On-Certified Achievement Checking Account is now available in all its Sunflower Bank and First National 1870 personal banking locations in Arizona, Colorado, Kansas and New Mexico. The Achievement Checking account launched only in Sunflower Bank’s Texas locations in September 2022. The Achievement Checking Account......
Bank of Baroda Launches Foreign Currency Loan Against INR Deposits for Corporates from GIFT City
Banking News

Bank of Baroda Launches Foreign Currency Loan Against INR Deposits for Corporates from GIFT City

Fintech News Desk
The Bank’s IFSC Banking Unit in GIFT City Completes 5 Years Bank of Baroda (Bank), one of India’s leading public sector banks and India’s international bank, announced the launch of a new product at its branch in GIFT City – Foreign Currency Loan against INR Deposits of Indian Companies for their Overseas Subsidiaries / Joint......
Banner Bank Releases Inaugural ESG Highlights Report
Banking News

Banner Bank Releases Inaugural Environmental, Social and Governance Highlights Report

Fintech News Desk
Banner Corporation the parent company of Banner Bank, announced that the Bank has published its inaugural Environmental, Social and Governance (“ESG”) Highlights Report. The Bank created the report to formally share details about its efforts to make an impact within the communities it serves and provide transparency around accomplishments and......
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