Search Results for: local communities

Btech Consortium Launches to Advance Community Bank Technology
Fintech News

Btech Consortium Launches to Advance Community Bank Technology

Fintech News Desk
Consortium’s mission is to empower community banks and the local communities they serve The Btech Consortium announces the launch of a strategic technology partnership between U.S. community banks, Elizabeth Park Capital Management, and Strandview Capital. The mission of the Btech Consortium is to empower community banks to compete more effectively......
Regions Bank Announces ATM Agreement with Community Development Financial Institutions
Banking Finance News

Regions Bank Announces ATM Agreement with Community Development Financial Institutions

Fintech News Desk
Customers of seven CDFIs in Regions’ footprint will gain access to the bank’s ATM network free of charge Regions Bank on Thursday announced a collaborative agreement with seven Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to enable people who bank with those organizations to use Regions’ ATM network......
Cambridge Savings Bank Supports the Expansion of Tropical Products with a New Market Tax Credit and Loans Totaling $16 Million
Banking News

Cambridge Savings Bank Supports the Expansion of Tropical Products with a New Market Tax Credit and Loans Totaling $16 Million

Fintech News Desk
The $16 million in capital contributes to a $24.8 million project that includes the acquisition of land and construction of a new manufacturing facility Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that it has provided $16 million in funding......
Cambridge Savings Bank Provides Artist & Craftsman Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives
Banking Lending News

Cambridge Savings Bank Provides A&C Supply with a $4 Million Revolving Line of Credit to Pursue Strategic Growth Initiatives

Fintech News Desk
The employee-owned arts and crafts retailer will leverage the credit line to support rebounding sales following the Covid-19 pandemic Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, announced that its Asset-Based Lending team provided a $4 million revolving line of credit to Artist &......
Braven Receives $1 Million Investment from Barclays
Finance Investments News

Braven Receives $1 million Investment from Barclays

Fintech News Desk
Through this financial support, Barclays becomes one of Braven’s deepest and fastest growing partners, helping over 4,200 students attending HBCUs and HSIs on their path to economic mobility Braven, a nonprofit organization, announced it has received a significant two-year commitment from Barclays to support its mission to close the education-to-employment......
Quest Digital Finance Connects the Unbanked to Formal Credit Systems
Banking Finance News

Quest Digital Finance Connects The Unbanked To Formal Credit Systems

Fintech News Desk
Uganda is home to 25 commercial banks, four microfinance deposit-taking institutions (MDIs), three credit institutions and more than 300 non-deposit-taking microfinance institutions (MFIs). However, according to the 2018 Finscope Survey, which is published by the think tank Financial Sector Deepening Uganda, an estimated 89% of the adult population is still......
Chase, DoorDash and Mastercard Announce Partnership to Launch Credit Card
Banking News

Chase, DoorDash and Mastercard Announce Partnership to Launch Credit Card

Fintech News Desk
DoorDash Rewards Mastercard will provide cardmembers opportunities to save and earn rewards on purchases both on and off the DoorDash platform Chase, the largest co-brand card issuer in the U.S., and DoorDash, the local commerce platform, announced plans to launch the first-ever DoorDash credit card, with Mastercard as the exclusive......
Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth
Banking News

Bank of America Announces Small Business Down Payment Grant Program to Drive Women and Minority Business Growth

Fintech News Desk
New Special Purpose Credit Program offers down payment grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners in Atlanta, Chicago, Charlotte, Dallas and Los Angeles Bank of America announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities......
Bankjoy Selected to Demo New Business Banking Platform at FinovateFall 2022
Banking News

Bankjoy Selected to Demo New Business Banking Platform at FinovateFall 2022

Fintech News Desk
Bankjoy has been selected to demo its latest Business Banking platform at FinovateFall 2022. This marks the second time Bankjoy has taken the Finovate stage to showcase its cutting-edge digital technology. Latest Fintech News: Anomaly Announces AI-powered Smart Response to Prevent Claim Denials and Rework with Precision Bankjoy’s Business Banking platform features......
CSI to be Acquired by Centerbridge and Bridgeport for $1.6 Billion
Fintech News

CSI to be Acquired by Centerbridge and Bridgeport for $1.6 Billion

Fintech News Desk
All-cash offer of $58.00 per share represents attractive premium for CSI shareholders Transaction unanimously approved by CSI’s board of directors CSI to become a private company upon completion of the transaction Computer Services, Inc. (CSI) a leading provider of end-to-end fintech and regtech solutions, announce it has entered into a......
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