Search Results for: local communities

Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion
Banking Fintech News

Circle Partners with Leading Minority-owned Bank, Citizens Trust Bank to Hold USDC Reserves and Collaborate on Financial Inclusion

PR Newswire
by PR Newswire0
Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), has announced that Citizens Trust Bank will hold $65 million in USDC cash reserves. The move is part of Circle’s commitment to allocate a share of USDC dollar-denominated reserves to Minority-owned Depository Institutions (MDIs) and Community Banks across the country.......
Block Makes First Social Impact Investment in the UK with ART Business Loans
Banking Investment Services News

Block Makes First Social Impact Investment in the UK with ART Business Loans

Business Wire
by Business Wire0
Businesses in the UK’s West Midlands that struggle to access finance from high street lenders are set to benefit from a £4m funding package thanks to a unique partnership between three socially-minded organisations. “We believe fair access to finance is what unlocks opportunities for individuals and communities and are pleased......
Columbia Banking System and Umpqua Holdings Corporation Complete Merger
Banking News

Columbia Banking System and Umpqua Holdings Corporation Complete Merger

PR Newswire
by PR Newswire0
Two Leading Community Banks Based in the Northwest Combine to Create One of the Largest Banks Headquartered in the West Columbia Banking System, Inc., the parent company of Columbia Bank, and Umpqua Holdings Corporation (“Umpqua“), the parent company of Umpqua Bank, announced the closing of their previously announced merger, combining the......
M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank
Banking News

M&T Bank Announces Harlem Small Business Innovation Lab in Partnership with Carver Federal Savings Bank

PR Newswire
by PR Newswire0
The six-week program is designed to help empower, develop, and uplift multicultural business owners, will culminate in pitch competition M&T Bank‘s Harlem Multicultural Small Business Innovation Lab, a six-week program designed to provide local entrepreneurs with guidance, education, and resources to help them start and grow businesses, is now accepting......
EagleBank Provides Financing for Strathmore Square Development in North Bethesda
Banking Finance News

EagleBank Provides Financing for Strathmore Square Development in North Bethesda

GlobeNewswire
by GlobeNewswire0
Funding supports the construction of two multifamily, residential apartment buildings and amenity retail in Strathmore Square EagleBank, one of the largest community banks in the Washington, D.C. area, announced it will provide $94,000,000 in financing to Aimco and Fivesquares Development, LLC to launch the construction of Phase 1 of Strathmore Square......
Worldpay from FIS Announces The Prince’s Trust as Official Charity Partner in the UK
Fintech News

Worldpay from FIS Announces The Prince’s Trust as Official Charity Partner in the UK

Business Wire
by Business Wire0
FIS, a global leader in financial services technology, has joined The Prince’s Trust as an official charity partner in the UK to help young people build the confidence and skills they need to reach their full potential. As a partner to The Prince’s Trust, Worldpay from FIS® will support the initiative......
Synchrony Commits $100 Million to Grow Minority-Owned Businesses
Finance News

Synchrony Commits $100 Million to Grow Minority-Owned Businesses

Fintech News Desk
by Fintech News Desk0
Invests in Ariel Alternatives’ Project Black Fund to Scale Minority Businesses Synchrony, a premier consumer financial services company, announced a $100 million commitment in Ariel Alternatives’ Project Black, which aims to scale sustainable minority-owned businesses and position them as leading suppliers to Fortune 500 companies. Project Black is a strategic initiative of Ariel......
Fast-Growing Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation
Banking News

Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation

Fintech News Desk
by Fintech News Desk0
Q2 Catalyst’s suite of digital solutions to help Encore Bank meet the needs of its commercial clients Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, announced that Encore Bank, one of the nation’s fastest-growing banks, has selected Q2 as its strategic digital partner. “We......
Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the US
Digital Payments News

Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the US

Fintech News Desk
by Fintech News Desk0
Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, announced the expansion of its “Send Globally” product to the Philippines. Send Globally now enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional cross-border payment services. “However, with the integration of Pouch.ph......
Banking Markets News Technology

Barclays Launches Semi-Permanent Banking Pods Replacing Bank Branches

Fintech Staff Writer
by Fintech Staff Writer0
Barclays is also one of the driving forces behind the Cash Action Group (CAG), including industry Banking Hubs- a shared space for the major banks to operate from one day each per week. Under this model, the bank works with local councils and communities to arrange a presence in places......
1