Search Results for: banking

Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking
Banking Finance News

Thread Raises $30.5 Million to Continue Building the Future of Embedded Banking

Fintech News Desk
by Fintech News Desk0
New funding round will support further development of pioneering “digital branch” model Thread Bancorp, Inc. (“Thread” or the “Company”), the parent company of Thread Bank (the “Bank”), a wholly-owned subsidiary, today announced it has closed a $30.5 million funding round, consisting of a $27.6 million initial raise and a $2.9 million extension. Portage......
Ubuntu Bank to Be Launched in the DRC to Advance Digital Banking and Green Finance Across Africa
Banking Finance News

Ubuntu Bank to Be Launched in the DRC to Advance Digital Banking and Green Finance Across Africa

EIN Presswire
by EIN Presswire0
A new purpose-driven digital bank under Mbombo Investment Group Ubuntu Bank, a bold new entrant into Africa’s financial sector, officially launches under the leadership of Dr. Louison Mbombo. Our mission is to foster trust and shared purpose among stakeholders by bridging financial inclusion, sustainable development, and international investment, inspiring confidence in......
B. Riley Securities Strengthens Investment Banking Leadership with Senior Hire
Finance Investments News

B. Riley Securities Strengthens Investment Banking Leadership with Senior Hire

PR Newswire
by PR Newswire0
B. Riley Securities, Inc. (“B. Riley Securities” or “BRS”), a leading middle market investment bank, announced that Tim Monfort has joined as Senior Managing Director, based in the firm’s New York office. Mr. Monfort brings more than two decades of experience as a senior investment banker and trusted advisor with a strong track......
Psympl Expands Psychographic AI-Driven Personalization into Banking and Credit Unions Through Partnership with MarketMatch
Banking Finance News

Psympl Expands Psychographic AI-Driven Personalization into Banking and Credit Unions Through Partnership with MarketMatch

PR Newswire
by PR Newswire0
Community banks and credit unions gain scalable, motivation-based personalization across marketing and engagement programs Psympl, the Psychographic AI platform purpose-built for hyper-personalized engagement in consumer financial services, announced its entry into the banking and credit union market through a strategic partnership with MarketMatch, a leading digital marketing firm specializing in......
How Posh's AI Operating Procedures Redefine Banking Automation with Agentic Reasoning
Banking Finance News

How Posh’s AI Operating Procedures Redefine Banking Automation with Agentic Reasoning

Business Wire
by Business Wire0
A breakthrough system that resolves banking’s greatest AI tension, balancing agency and adherence with blazing speed. For years, banks and credit unions have relied on rigid automation that follows rules instead of reasoning. Posh AI, the leader in conversational and agentic AI for financial institutions, announced Operating Procedures, a breakthrough......
SMB Banking Platform Lili Sets the Standard for Five-Star Customer Support for Business Owners
Artificial Intelligence Banking News

SMB Banking Platform Lili Sets the Standard for Five-Star Customer Support for Business Owners

Business Wire
by Business Wire0
Company Leverages a Mix of AI Chatbots and Personalized Human Support for Optimal Customer Service Lili, the leading business banking platform, announced that they are setting the standard for five-star customer support for business owners. The company leverages a mix of AI chatbots and personalized human support for optimal customer......
Lumin Digital Launches AI Tools to Power Smarter Digital Banking Experiences
Artificial Intelligence Banking News

Lumin Digital Launches AI Tools to Power Smarter Digital Banking Experiences

PR Newswire
by PR Newswire0
Lumin Digital, a leading cloud-native digital banking provider, announced the launch of a suite of AI-enabled tools, purpose-built for financial institutions to power elevated experiences, smarter decisions, and breakthrough performance in digital banking. This initial release delivers high-upside AI features that are fully embedded in the base platform. All Lumin......
Governing Council proposes simplification of EU banking rules
Banking News

Governing Council proposes simplification of EU banking rules

EIN Presswire
by EIN Presswire0
Governing Council endorses recommendations of High-Level Task Force on Simplification, which include: reducing the number of elements in the risk-weighted and leverage ratio framework introducing a materially simpler prudential regime for smaller banks, which expands on the existing EU regime introducing a European governance mechanism that takes a holistic view......
Beyond Banking: The Data Goldmine of Open Finance
Banking Featured Finance Fintech Investments

Beyond Banking: The Data Goldmine of Open Finance

Fintech Staff Writer
by Fintech Staff Writer0
You likely use apps that track your spending or let you pay friends instantly through your bank account. That was the promise of Open Banking, which successfully opened up payment accounts and transaction history to third parties. However, your financial life involves much more than just your checking account or......
Wallbox Announces an Agreement With Core Banking Partners and Major Shareholders, Advancing Into Its Next Phase With a Renewed Capital Structure
Banking Finance News

Wallbox Announces an Agreement With Core Banking Partners and Major Shareholders, Advancing Into Its Next Phase With a Renewed Capital Structure

Business Wire
by Business Wire0
Wallbox (NYSE: WBX), a global leader in EV charging and energy management solutions, has reached an indicative commercial agreement (“Commercial Agreement”) with its core banking partners and its major shareholders, which contemplates an extension of debt maturities and a proposed liquidity injection of €22.5 million through a combination of debt......
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