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Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
Smart Pay Kiosk Revolutionizes Financial Services for Unbanked and Underbanked
Finance Fintech News

Smart Pay Kiosk Revolutionizes Financial Services for Unbanked and Underbanked

PR Newswire
by PR Newswire0
The Smart Pay Kiosk is an innovative solution that provides a full array of financial services to the unbanked and underbanked populations. Approximately 63 million US adults (22%) were either unbanked (6%) or underbanked (16%), per 2019 Federal Reserve data. Unbanked individuals lack bank accounts due to past financial problems,......
Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks
Lending News

Pathward Partners With Propel to Launch New Line of Credit for Consumers Overlooked by Traditional Banks

Business Wire
by Business Wire0
Lending as a Service partner and fintech, Propel, will service new Pathward consumer loans Pathward, N.A., a national bank driven by its purpose to power financial inclusion, is adding a new line of credit to open access for credit challenged consumers. While credit options are abundant for some consumers, others......
Inbank Increases Stake In Full-service Vehicle Rental Company Mobire To 65 Percent
Banking News

Inbank Increases Stake In Full-service Vehicle Rental Company Mobire To 65 Percent

GlobeNewswire
by GlobeNewswire0
Inbank signed an agreement to acquire an additional 12% stake in the full-service vehicle rental company Mobire Group OÜ. As a result, Inbank now owns 65% of Mobire’s shares. The parties have agreed not to disclose the price of the transaction. Latest Fintech Interview: Global Fintech Interview with Paul Monk,......
Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation
News Security

Journey.ai and Tradition Capital Bank Partner to Redefine Cybersecurity and Digital Transformation

PR Newswire
by PR Newswire0
Creates Blueprint for How Financial Institutions Can Significantly Strengthen the Security and Privacy of Customer Interactions While Also Dramatically Improving CX Journey.ai, Inc, a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the......
Coastal Community Bank is Making its First Move towards the Metaverse with 3D Game and Marketplace
Banking News

Coastal Community Bank is Making its First Move towards the Metaverse with 3D Game and Marketplace

GlobeNewswire
by GlobeNewswire0
Coastal Financial Corporation, the Bank holding company for Coastal Community Bank, is making its first move towards the Metaverse. The Bank Holding Company revealed Coastal World, an immersive 3D web platform that promotes, educates, and informs visitors about digital banking solutions that best fit their lifestyle, values, or specific financial......
RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen's Trade and Supply Chain Finance Solution
Finance News

RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen’s Trade and Supply Chain Finance Solution

PR Newswire
by PR Newswire0
UAE-based bank to automate its processing of transactions across trade and international business finance for delivering enhanced customer experience Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the UAE market, has selected Newgen’s Trade and Supply Chain Finance (SCF) solution......
Secure Trust Bank Partners with EXUS for Debt Collections and Recovery Technology
Banking debt collection News

Secure Trust Bank Partners with EXUS for Debt Collections and Recovery Technology

Business Wire
by Business Wire0
Secure Trust Bank (STB), an award-winning UK retail bank, has selected EXUS Software UK, the global leader in debt collections and recovery technology, to optimise its collections operations, through a data driven, zero customisations approach. EXUS’ long-term experience from working with banking and finance institutions across 4 continents, coupled with......
Keystone Bank Partners with MANTL to Enhance its Deposit Onboarding Experience
Banking News

Keystone Bank Partners with MANTL to Enhance its Deposit Onboarding Experience

Business Wire
by Business Wire0
This partnership will empower Keystone Bank to launch online business deposit account opening for the first time to better serve commercial customers and deliver a best-in-class digital experience Keystone Bank, one of the fastest-growing banks in Central Texas, announced a partnership with MANTL, a leading provider of account origination solutions,......
RiverLand Federal Credit Union Launches Mahalo Banking Platform to Accelerate Digital Innovation
Banking Mobile Banking News

RiverLand Federal Credit Union Launches Mahalo Banking Platform to Accelerate Digital Innovation

Business Wire
by Business Wire0
Credit union partners with digital banking provider to advance digital transformation strategies, improve member self-service Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced a new platform launch with New Orleans-based RiverLand Federal Credit Union (‘RiverLand’ – more than $300M in assets). The credit union......
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