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Banking News

First Citizens Bank Completes Operational Conversion of Entegra Bank Division

Fintech News Desk
First Citizens Bank announced that its Entegra Bank division based in Franklin, N.C., has completed its conversion to First Citizens’ operations and systems. This conversion puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services. Read More: GlobalFintechSeries Interview with Sean......
Who do Banks Need to Refocus Efforts on Breaking Down User Behavior with Data?
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Why do Banks Need to Refocus Efforts on Breaking Down User Behavior with Data?

Paroma Sen
Banks will need to focus on understanding changing consumer behaviors based on historic customer data to compete in a post Covid-19 world While global economies including banks and businesses reevaluate business plans and strategies and remote work policies, they need to also refocus their understanding of their customers based on......
Despite Pandemic, Businesses Feel Ready to Face Challenges to Drive Growth, Lean on Modifications to Operations to Get There
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JMP Group Announces Changes in Sales and Trading Leadership

Fintech News Desk
JMP Group LLC, an investment banking and alternative asset management firm, today announced changes in the management of the institutional brokerage division at JMP Securities. James O’Day has been named head of institutional sales, and Charles Sweeney, JMP Securities’ director of sales and trading, has been appointed to JMP Group’s operating......
Wealthtech Platforms Will Help Reshape Wealth Management : A Few Examples of Top Innovators in Wealthtech
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Wealthtech Platforms Will Help Reshape Wealth Management: A Few Examples of Top Innovators in Wealthtech

Tanika Mehrotra
Wealthtech (Wealth Technology) is a subset of fintech. Wealthtech companies offer digital solutions to enhance personal and professional wealth management. Wealthtech uses pioneering technologies such as artificial intelligence and big data to provide improved customer services through Robo Advisors, digital brokerage systems, portfolio management and more to manage risk and......
Access Softek’s Access Commercial Platform Presents Growth Opportunity for Community Financial Institutions
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Access Softek’s Access Commercial Platform Presents Growth Opportunity for Community Financial Institutions

Fintech News Desk
Access Softek, a digital banking platform provider, has announced its commercial banking platform, Access Commercial, enabling community financial institutions to maintain a presence in the $600 billion commercial banking market(Access Softek ). Read More: Thimble Launches Certificate Manager to Improve Oversight of Vendor Insurance Policies .@AccessSoftek’s Access Commercial platform presents......
Skan Secures $14 Million Series A to Expand AI-Driven Process Discovery to Enable the Digital Transformation of the Enterprise
Fintech Fintech Funding News

Blend Raises $75M at Nearly $1.7B Valuation

Fintech News Desk
Led by Canapi Ventures, new investment will boost Blend’s work to help financial institutions offer better lending experiences Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
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Gibsland Bank & Trust Selects Teslar Software to Enhance Commercial Lending

Fintech News Desk
Community bank improves processes to focus on providing local businesses with better service Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that Gibsland Bank & Trust has selected its full suite of services to boost efficiencies and streamline......
Media Alert: Wolters Kluwer Lien Solutions Cites AI and Analytics as Key to Commercial Lending Success
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Wolters Kluwer Lien Solutions Urges U.S Lenders to Consider Key Risk Strategies to Support Growth in The FT’s Banker Thought Leadership Article

Fintech News Desk
In the wake of an expected wave of defaults by U.S business borrowers, the nation’s lenders are best advised to apply risk management practices to set the stage for long-term growth when issuing new loans and participating in federal lending programs. That’s according to Wolters Kluwer Lien Solutions, writing in a new......
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