Search Results for: bank

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
Moody's Affirmed Ba3 Rating and Stable Outlook for SeABank
Banking News

Moody’s Affirmed Ba3 Rating and Stable Outlook for SeABank

PR Newswire
by PR Newswire0
On September 13, 2023, the international credit rating agency Moody’s Investors Service (Moody’s) announced the credit rating assessment results for Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB). Moody’s has affirmed SeABank’s rating at Ba3 and stable outlook. The affirmation of SeABank’s ratings with a stable outlook reflects Moody’s......
Colony Bank Partners with Prelim to Elevate Digital Onboarding for Consumers and Businesses
Banking Fintech News

Colony Bank Partners with Prelim to Elevate Digital Onboarding for Consumers and Businesses

Business Wire
by Business Wire0
Prelim, an industry-leading Silicon Valley fintech firm renowned for its digital onboarding solutions for consumer and business deposit accounts, is pleased to announce a strategic partnership with Colony Bank, a Georgia-based community bank committed to delivering exceptional banking solutions. This collaboration will enable Colony Bank to implement a new omnichannel onboarding......
Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses
Banking News

Intuit Introduces QuickBooks Money, a New Subscription-Free Payments and Banking Solution for Small Businesses

Fintech News Desk
by Fintech News Desk0
Intuit, the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, unveiled QuickBooks Money, a new all-in-one payments and banking solution with no monthly fees or minimum balance requirements that gives small businesses complete control of their money from anywhere. QuickBooks Money builds on QuickBooks’ earlier fintech innovation to deliver the platform’s......
Lake Ridge Bank Modernizes Customer Engagement with the 8x8 XCaaS Cloud Contact Center and UC Platform
Banking Cloud News

Lake Ridge Bank Modernizes Customer Engagement with the 8×8 XCaaS Cloud Contact Center and UC Platform

Business Wire
by Business Wire0
Trusted Financial Services Firm Deploys 8×8 to Deliver Superior Customer Service Through Company-wide Efficiency and Enhanced Collaboration 8×8, Inc., a leading integrated cloud contact center and unified communications platform provider, announced that Lake Ridge Bank has deployed the 8×8 XCaaS (eXperience Communications as a Service™) integrated cloud contact center and unified communications platform,......
Deutsche Bank And Scalable Capital Reportedly Engaged
B2B Banking Investment Services News

Deutsche Bank And Scalable Capital Reportedly Engaged

Fintech Staff Writer
by Fintech Staff Writer0
A prospective investment Over the course of the past year, Deutsche Bank has steadily expanded its investing and advice offerings. A German business publication, Deutsche Bank, the largest bank in Germany, is in preliminary talks with Scalable Capital, a digital investing and broking platform, about a prospective investment or partnership......
B2B Banking Markets News

Nubank Expands Secured Credit Offering And Launches FGTS

Fintech Staff Writer
by Fintech Staff Writer0
Loan offerings in Brazil Nubank is expanding its secured loan offerings in Brazil to include FGTS-backed loans. The new option is being made available to those who qualify as part of the company’s strategy to broaden its safe credit offering in 2023. In Brazil, workers are required to have access......
Apiture Introduces Family Banking from Greenlight to Help Financial Institutions Support Financial Literacy
Banking News

Apiture Introduces Family Banking from Greenlight to Help Financial Institutions Support Financial Literacy

Fintech News Desk
by Fintech News Desk0
Apiture becomes first digital banking provider to offer Greenlight’s award-winning family finance app to its 300+ financial institution clients as a Greenlight for Banks partner Apiture, a leading provider of digital banking solutions, announced the introduction of family banking through a partnership with Greenlight Financial Technology, Inc., the fintech company on......
Keybank Provides $10 Million Line of Credit to Cinnaire Lending for Community Development
Banking Lending News

Keybank Provides $10 Million Line of Credit to Cinnaire Lending for Community Development

PR Newswire
by PR Newswire0
Cinnaire Lending Corporation, a certified Community Development Financial Institution (CDFI) has been awarded a $10 million loan from KeyBank‘s CDFI Lending & Investment Group. The loan will support Cinnaire’s lending pool, which works with mission-driven investors to create out-of-the-box lending products to finance affordable housing, education, healthcare, community facilities and economic......
Big Name VCs Back Startup to Solve a Multi-Billion Dollar Banking Problem
Fintech Startups News

Big Name VCs Back Startup to Solve a Multi-Billion Dollar Banking Problem

PR Newswire
by PR Newswire0
Illuminate Financial, Madrone Partners, Exor Ventures and others invest in N5  Fintech startup, N5 has secured the backing of a number of high profile investors, on the strength of its potential to save financial institutions billions of dollars a year. U.S. financial institutions lose an estimated $272B each year through inefficiency and missed opportunities......
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