Search Results for: banks

Unifimoney and First Fidelity Bank Announces Enhanced Yield Savings Program for Community Banks
Banking News

Unifimoney and First Fidelity Bank Announces Enhanced Yield Savings Program for Community Banks

Business Wire
by Business Wire0
Unifimoney and First Fidelity Bank launch an enhanced yield savings program giving account holders the choice of a Cash Account with 3.655% APY or Money Market Fund with a 4.80% Unifimoney Inc., a multi-asset digital wealth management platform for Community Banks and Credit Unions, and First Fidelity Bank (FFB), a......
L3COS Launches Decentralized Digital Assets Exchange & Marketplace Featuring 100% Liquid Tokenized Deposits Safeguarded by Central Banks
Blockchain News

L3COS Launches Decentralized Digital Assets Exchange & Marketplace Featuring 100% Liquid Tokenized Deposits Safeguarded by Central Banks

PR Newswire
by PR Newswire0
L3COS, a blockchain based operating system, is pleased to announce the launch of its decentralized exchange in April 2023. The exchange is L3COS’ first product to market made possible through proprietary Fiat-on-Chain™ (FoC) technology aiming to bridge the gap between traditional banking rails and a DEFI environment. Latest Fintech News: Piper......
ModernFi Announces Advisory Board as the Firm Accelerates Its Support of Community and Regional Banks
Analytics Banking News

ModernFi Announces Advisory Board as the Firm Accelerates Its Support of Community and Regional Banks

Business Wire
by Business Wire0
ModernFi, which operates the first tech-enabled deposit marketplace for banks, is proud to announce its inaugural Advisory Board. The ModernFi team is extremely fortunate and grateful to work alongside industry leaders across tech and finance. Recent events in the banking sector have crystallized the importance of effective deposit management and......
Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help Us Banks Double Their Credit Card Spend Volumes
Banking News

Fyle’s No-Code, Real-Time Expense Reporting Platform Can Now Help US Banks Double Their Credit Card Spend Volumes

PR Newswire
by PR Newswire0
Fyle becomes the first in the industry to offer US banks a no-code expense management platform they can directly provide customers. The 8 largest banks in the U.S. accounted for over $700 billion in transaction volume on commercial cards in 2021. Yet, despite forming a large share of a bank’s customer base,......
New Survey Finds That Small Business Lending Remains Stable Despite Turbulence in Big Banks
Lending News

New Survey Finds That Small Business Lending Remains Stable Despite Turbulence in Big Banks

PR Newswire
by PR Newswire0
Lendio, the nation’s leading small business financial solutions provider, released the findings of a new polling of the top 21 lenders and funders in its marketplace, in the wake of the FDIC’s recent takeover of two large banks, to better understand the current state of lending and access to funds......
8 Leading Central Banks
Banking Featured Fintech Primers

8 Leading Central Banks

Pooja Choudhary
by Pooja Choudhary0
A Central Bank: What Is It? A central bank is a public institution that is into the currency management of a particular country or group of countries in which it functions and controls the money supply present in that country – to be specific, the amount of money in physical......
Banks Must Seize Control of their dangerous data silos
Banking Business Guest Posts Insights

Banks Must Seize Control of Their Dangerous Data Silos

Rob Houghton
by Rob Houghton0
Remaining compliant in today’s financial services industries requires a comprehensive surveillance function. Every call, message and communication between employees, customers and trading partners must be captured, stored and monitored to illustrate compliance.  As regulatory requirements have become more demanding, many banks have sought to plug gaps in their coverage by......
SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions
Business Finance News

SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions

PR Newswire
by PR Newswire0
SMA Technologies, a leading provider of automation solutions for financial services and the maker of OpCon Workload Automation & Orchestration, announced an expansion of its relationship with Jack Henry to include banks after successfully scaling digital business transformation with OpCon for Jack Henry’s credit union clients. SMA Technologies will help banks......
Banking Digital Fintech News Technology

70% of European Banks And Fintechs Will Invest In Financial Technology Over The Next 18 Months Despite The Downturn

Fintech Staff Writer
by Fintech Staff Writer0
The multi-award-winning fintech PR and marketing firm CCgroup released the results of its study on “How to influence fintech buyers,” which was based on a poll of significant banks and fintechs in five European markets. According to the study, 70% of European financial institutions anticipate raising their financial technology investments......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
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