Search Results for: mobile bank

Socure Wins American Financial Technology Award for the “Best New Data and Data Services Technology” From WatersTechnology
Fintech Fintech Funding News

Socure Closes New Round of Funding, with Participation from Major Banks

Fintech News Desk
by Fintech News Desk0
Socure, the leader in Day Zero identity verification, announced it has raised $35 million in a new round led by Sorenson Ventures with participation from existing investors Commerce Ventures, Scale Venture Partners, and Flint Capital. The round also included new strategic investor participation from Citi Ventures, Wells Fargo Strategic Capital, and MVB Financial Corp. This brings Socure’s......
Finastra Successfully Migrates Vpbank to Innovative Modern Treasury System
Banking Fintech News Risk Management

Finastra Successfully Migrates Vpbank to Innovative Modern Treasury System

Fintech News Desk
by Fintech News Desk0
Finastra Fusion Kondor and Fusion Risk solutions will help bank to grow its financial markets division Finastra, has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor and Fusion Risk solutions. Delivered through Finastra’s Fusion Adopt implementation program, this move to a modern system will enable the......
Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank
Banking Fintech News

Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank

Fintech News Desk
by Fintech News Desk0
Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement......
CIT's Direct Bank Announces New Digital Self-Service Capabilities
Fintech Mobile Banking News

CIT’s Direct Bank Announces New Digital Self-Service Capabilities

Fintech News Desk
by Fintech News Desk0
CIT national direct bank CIT Bank announced new self-service capabilities to move funds via wire transfer and to manage mature certificates of deposit (CDs) through the bank’s online and mobile platforms. The new functionalities add simplicity to the CIT digital banking experience and further enable consumers to manage their money remotely and at their convenience.......
CIBC Innovation Banking Provides AlayaCare With $15 Million Growth Capital Financing
Banking Capital Markets Fintech News

CIBC Innovation Banking Provides AlayaCare With $15 Million Growth Capital Financing

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce a $15 million growth capital financing for AlayaCare. As demand for home care continues to rise, this debt facility will support the company’s strategic plan to increase its presence in North America and Australia. Read More: Cardtronics takes over management of Triodos Bank’s ATM......
Home Captain Launches Preeminent Suite of Products to Increase Bank and Lending Customer Experience
Banking Fintech News

Home Captain Launches Preeminent Suite of Products to Increase Bank and Lending Customer Experience

Fintech News Desk
by Fintech News Desk0
Home Captain announced the launch of the “Home Captain Hub,” a new suite of innovative products and services tailored to dramatically increase the lifetime engagement and satisfaction of mortgage service and banking customers who are purchasing, selling or refinancing their home. This announcement follows the company’s recent acquisition announcement of......
Copper Banking Announces $4.3 Million in Funding Led by PSL Ventures
Banking Fintech Fintech Funding Mobile Banking News

Copper Banking Announces $4.3 Million in Funding Led by PSL Ventures

Fintech News Desk
by Fintech News Desk0
Copper Banking, a digital bank for teens that helps them build financial literacy, announced $4.3 million in seed funding, led by PSL Ventures, with participation from Jack Brody, of Snap Inc and Mana Ventures and Western Technology Investment. Copper includes an app for iPhone and Android and a debit card......
Fintech News

Remitly Doubles Mobile Wallet Offerings and Global Consumer Reach Amid COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
Remitly, the mobile-first provider of remittances and financial services for immigrants, today announced the expansion of its mobile wallet network, which now reaches more than 300 million mobile wallet holders across the world, more than doubling its reach from 160 million earlier this year. Since March, Remitly has added 11......
PayPal launches touch-free payments in-store with iZettle's point of sale app to support UK businesses post-lockdown
Banking Business Fintech Fintech Funding News

Optus Bank Receives $50 Million in Deposit Funding from PayPal’s Economic Opportunity Fund

Fintech News Desk
by Fintech News Desk0
Optus Bank, announced that it is the first bank to establish a relationship with PayPal as part of the payments company’s $530 million commitment to racial justice and economic opportunity. For nearly 100 years, Optus Bank has worked to dismantle structural racism and the disparities it causes by providing equal access......
Banks and Title Companies Grow Using the Bank Shot App: Bank Shot Payment Solution Benefits Versus the Traditional ACH Transaction
Banking Fintech News Risk Management

Banks and Title Companies Grow Using the Bank Shot App: Bank Shot Payment Solution Benefits Versus the Traditional ACH Transaction

Fintech News Desk
by Fintech News Desk0
Fraud in banking transactions(Banks), especially wire transfers, have become an increasingly serious issue in regard to unrecoverable loss of funds and overall risk. Bloomberg Business reports that cyber-criminals steal as much as $1 billion a year this way. Read More: COVID-19 and Automation are Changing Finance for Good Bank Shot......
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