Search Results for: servicing business

Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
Citi Commercial Bank Launches New Digital Client Platform, CitiDirect Commercial Banking
Banking News

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect Commercial Banking

Business Wire
Citi has announced the launch of a new platform, CitiDirect Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. “The launch......
Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment
Fintech News Security

Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment

GlobeNewswire
Cemtrex, an advanced security technology and industrial services company, announced that on July 1, 2023, it closed the acquisition of Heisey Mechanical Ltd., a leading service contractor and steel fabricator that specializes in industrial and water treatment markets. Read More About Fintech Interview: Global Fintech Interview with Manish Bhai, Founder and......
Nuvei and CNBS Software partner to transform payment processing in the SAP ecosystem
Digital Payments Fintech News

Nuvei and CNBS Software Partner to Transform Payment Processing in the SAP Ecosystem

GlobeNewswire
New partnership optimizes payment acceptance, invoicing, and reconciliation for businesses utilizing SAP systems Nuvei Corporation, the Canadian fintech company, announces a new commercial partnership with CNBS Software (CNBS), a leading provider of B2B/B2C eCommerce and accounts receivable solutions for enterprises running SAP ERP. This collaboration will greatly enhance payment processing......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables
Investment Services News

PayPal and KKR Announce Exclusive Multi-Year Relationship for European Pay Later Receivables

PR Newswire
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year; updated outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023 PayPal Holdings, Inc. and KKR, a leading global investment firm, announced the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which......
Virtusa and Icon Solutions Forge Strategic Partnership to Drive Global Payments Transformation
Digital Payments News

Virtusa and Icon Solutions Forge Strategic Partnership to Drive Global Payments Transformation

PR Newswire
Virtusa and Icon Solutions announce a collaboration to join forces and unlock a new era of payments transformation for banks worldwide Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced a strategic partnership with Icon Solutions, a leading specialist provider of......
Advisor Group Welcomes Four Financial Advisors with $410 Million in AUA to the Firm
Finance News

Advisor Group Welcomes Four Financial Advisors with $410 Million in AUA to the Firm

PR Newswire
Former Securian Financial Services Advisors Join Capitol Financial Solutions, A Group Affiliated with Royal Alliance Advisor Group, one of the nation’s largest networks of independent wealth management firms, announced that John Amendola, Eric S. Owen, Michael Pugh and Steve Tanner have joined Capitol Financial Solutions, one of the largest groups affiliated with Royal Alliance. The four former Securian......
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