Search Results for: deposits

Kruze Consulting Shared New Data on How Startups Have Changed Banking Strategy
Banking News

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

PR Newswire
by PR Newswire0
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20% of startups’ cash is collectively with SVB, and no single bank holds half of the startup ecosystem’s cash. Kruze Consulting, the startup accounting and CFO......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
by Business Wire0
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One
Cryptocurrency Featured

What Is a Cryptocurrency Exchange? Definition, Types, and How to Choose the Right One

Prajakta Ayade
by Prajakta Ayade0
The world of cryptocurrency isn’t new now, but is exciting, baffling, and everything in between. For those new to the crypto space, navigating exchanges – the platforms where you buy and sell digital currencies – can feel like deciphering a foreign language. Since the advent of Bitcoin in 2009, the......
Varo Bank Introduces Two New Financial Products
Banking News

Varo Bank Introduces Two New Financial Products

Fintech News Desk
by Fintech News Desk0
With Varo, Americans find an innovative way to reduce money worries and take control of finances from a bank that has built a fully integrated system to support successful money management instead of encouraging spending and growing debt. Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S.,......
Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process
Banking Finance Fintech News

Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process

Fintech News Desk
by Fintech News Desk0
~Partnership to help community banks and credit unions streamline loan closing documentation processes, enhance digital borrower experience~ Epic River, a lending-as-a-service platform provider that aims to provide a premium customer experience to every community bank and credit union in the country, today announced its integration with Finastra’s LaserPro loan documentation......
TreviPay Introduces New Financing Option and Payment Application Features for B2B Net Terms Programs
B2B Finance Fintech News

TreviPay Introduces New Financing Option and Payment Application Features for B2B Net Terms Programs

Business Wire
by Business Wire0
The new solution to use self-financing in combination with TreviPay’s order-to-cash capabilities and partnerships gives sellers a wide range of choice and more control over how they fund their business growth. TreviPay, the most-trusted B2B payments and invoicing network, today announces a new self-financing option along with enhanced payment application......
FICO UK Credit Card Market Report: January 2024
Finance Fintech News

FICO UK Credit Card Market Report: January 2024

Business Wire
by Business Wire0
Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance by 2.7%. Credit card providers will, however, be encouraged by the first increase in payments to balance since July 2023. According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns.......
Harborstone Credit Union Announces Agreement to Acquire SaviBank
Banking News

Harborstone Credit Union Announces Agreement to Acquire SaviBank

GlobeNewswire
by GlobeNewswire0
SaviBank customers will become members of Harborstone Credit Union with full access to Harborstone’s expansive product and service offerings. The acquisition helps Harborstone Credit Union grow its presence in the Skagit County-area marketplace, diversify its assets, and add superior talent and expertise. Savi Financial Corporation, the bank holding company for......
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
Finance News

Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows

PR Newswire
by PR Newswire0
Ampersand’s first annual Depositor Priorities Survey reveals increased interest in impact investing, and misalignment between financial institutions and their clients.  Ampersand Inc., a financial services firm revolutionizing deposit management, announced the release of its first annual Depositor Priorities Survey report, which underscores depositors’ need for safety and values alignment when......
ICD 2024 Client Survey Shows Companies Grappling with Counterparty Concentration Risk
Investment Services News

ICD 2024 Client Survey Shows Companies Grappling with Counterparty Concentration Risk

PR Newswire
by PR Newswire0
A year out from the spectacular failure of Silicon Valley Bank, turmoil in the banking sector still plagues corporations in the Americas and EMEA, according to a newly released survey of 157 treasury professionals responding to the annual client survey of ICD, an institutional investment technology provider. According to the 2024 ICD......
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