Search Results for: bank

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season
Banking News

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

GlobeNewswire
by GlobeNewswire0
These plans come after the company announced reaching over $540 million in assets in its 2024 Annual Shareholder Letter and more recently exceeding $600 million in assets. Climate First Bank, the world’s first FDIC-insured community bank founded to combat the climate crisis, announces, through its holding company Climate First Bancorp,......
"SunCar Technology Group Inc. Partners with China CITIC Bank International"
Banking News

SunCar Technology Group Inc. Partners with China CITIC Bank International to Elevate Private Banking Travel Experience

PR Newswire
by PR Newswire0
This three-year partnership will leverage SunCar’s expertise in corporate travel services to help CNCBI’s provide unmatched service quality and client satisfaction to CNCBI’s discerning private banking clients. SunCar Technology Group, an innovative leader in digitalized automotive services and auto e-insurance in China, announced that it will offer exclusive airport concierge car......
Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp
Banking News

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp

PR Newswire
by PR Newswire0
Both banks will continue to operate independently under their respective brands within their respective communities while benefiting from strategic and operational efficiencies, pooled resources, and additional services to offer their respective clients. Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned......
ACI-Worldwide-and-Arab-Financial-Services-To-Drive-Payments-Modernization-for-Banks-and-Merchants-in-the-Middle-East
Finance Fintech News

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

Business Wire
by Business Wire0
With this strategic partnership, AFS will utilize ACI Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cutting-edge security, flexible cloud-ready technology, and multi-language, multi-currency, multi-institution capabilities to drive the retail banking modernization for its banking and fintech customers. ACI Worldwide , a global leader......
Atlantic-Union-Bankshares-Corporation-Completes-Acquisition-of-American-National-Bankshares-Inc.
Finance Fintech News

Atlantic Union Bankshares Corporation Completes Acquisition of American National Bankshares Inc.

Business Wire
by Business Wire0
This transaction strengthens Atlantic Union’s presence in Central, Western and Southern Virginia and provides a meaningful entry into North Carolina’s Piedmont Triad region and Raleigh. Atlantic Union Bankshares Corporation (“Atlantic Union”) announced today that it has completed its previously announced merger with American National Bankshares Inc. (“American National”), effective April......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Kruze Consulting Shared New Data on How Startups Have Changed Banking Strategy
Banking News

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

PR Newswire
by PR Newswire0
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20% of startups’ cash is collectively with SVB, and no single bank holds half of the startup ecosystem’s cash. Kruze Consulting, the startup accounting and CFO......
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
Banking News

Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives

PR Newswire
by PR Newswire0
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company’s success,......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
by Business Wire0
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
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