Tag : banking

United Community Banks, Inc. Announces Agreement to Sell Equipment Finance Business, Consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., to Funds Managed by Wafra Inc.
Banking Finance News

United Community Banks, Inc. Announces Agreement to Sell Equipment Finance Business, Consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., to Funds Managed by Wafra Inc.

GlobeNewswire
by GlobeNewswire0
United Community Banks, Inc. (NYSE: UCB) (“United”) today announced the execution of a definitive agreement to sell its equipment finance business, consisting of Navitas Credit Corp. and NLFC Reinsurance Corp. (collectively, “Navitas”), to funds managed by Wafra Inc., acting through Navitas TopCo LLC (“Wafra”) for $1.9 billion in cash1 (the “Transaction”).......
Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors
Banking Finance News

Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors

GlobeNewswire
by GlobeNewswire0
New directors bring extensive experience in government affairs, financial oversight, banking, real estate finance, and community leadership Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced that its Board of Directors has voted to appoint Sara M. Sooy and Alfred J. Gaburo to the Unity Bank Board......
DreamSpring Names Charles McElrath as Incoming Chief Executive Officer
Banking Finance News

DreamSpring Names Charles McElrath as Incoming Chief Executive Officer

EIN Presswire
by EIN Presswire0
A 35-year banking and community development veteran, McElrath will lead DreamSpring’s mission to expand access to capital across 27 states. DreamSpring, one of the nation’s leading nonprofit community development financial institutions (CDFIs), today announced the appointment of Charles McElrath as its incoming Chief Executive Officer. A nationally respected banking and......
Fintech and Banking Industry Veteran Bryan Clagett Joins Centergy Solutions Board of Directors
Banking Fintech News

Fintech and Banking Industry Veteran Bryan Clagett Joins Centergy Solutions Board of Directors

EIN Presswire
by EIN Presswire0
Clagett brings more than 30 years of experience across banking, credit unions, fintech, digital banking, and financial services innovation. Centergy Solutions, a leading provider of digital lending and consumer engagement technology for financial institutions, today announced the appointment of Bryan Clagett to its Board of Directors. Clagett brings more than......
Autobooks Adds Pay by Card to Bill Pay for Every Banking Client, in Partnership with Global Payments
Banking Digital Payments News

Autobooks Adds Pay by Card to Bill Pay for Every Banking Client, in Partnership with Global Payments

Cision PRWeb
by Cision PRWeb0
The latest enhancement to Autobooks’ connected banking solution lets consumers and small businesses pay any bill by credit card, available across Autobooks’ bill pay client base as a standard feature. Autobooks today announced that consumers and small businesses can now pay any bill by credit card across its bill pay solution,......
ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal
Finance News

ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal

EIN Presswire
by EIN Presswire0
Strategic collaboration combines global RegTech capabilities with local technical expertise to support Nepal’s efforts to exit the FATF Grey List ZIGRAM, a global leader in Regulatory Technology (RegTech) building Anti-Money Laundering (AML) solutions, has announced a synergistic partnership with AMNIL Technologies to boost the delivery and implementation of its advanced AML and......
When the Signals Were Always There: What Kontigo Reveals About Fintech's Risk Blind Spot
Artificial Intelligence Banking Compliance management Cryptocurrency Finance Fintech Guest Posts

When the Signals Were Always There: What Kontigo Reveals About Fintech’s Risk Blind Spot

Clarence Chio
by Clarence Chio0
financial systemThe investigation into Kontigo has generated significant discussion across fintech and compliance circles and for good reason. But the most important lesson from this story is not about one bad actor slipping through the cracks. It is about a system that was never designed to catch what was hiding......
City University of New York Confers Honorary PhD on Wall Street CEO
Finance News

City University of New York Confers Honorary PhD on Wall Street CEO

EIN Presswire
by EIN Presswire0
Suzanne Shank Shares Inspirational Message to Graduates Before Crowd of 19,000 at Barclays Center City University of New York (CUNY) Chancellor Felix V. Matos Rodriguez, together with Baruch College President S. David Wu, have conferred an honorary PhD on Wall Street CEO Suzanne Shank at the college’s 60th annual graduation......
XTransfer and Societe Generale Partner To Streamline Cross-Border Payments for Global Trade Transactions
Banking Digital Payments News

XTransfer and Societe Generale Partner To Streamline Cross-Border Payments for Global Trade Transactions

GlobeNewswire
by GlobeNewswire0
XTransfer, the world’s leading B2B cross-border trade payment platform, and Societe Generale, a leading European bank in transaction banking, announced having signed a Memorandum of Understanding (MOU) during Money20/20 Europe 2026 in Amsterdam, to enhance cross-border payment infrastructure and develop integrated financial solutions to support international trade flows. The cooperation aims to deliver more efficient,......
CCBank Launches Quill Bank to Deliver Banking Expertise to Fintechs
Banking Fintech News

CCBank Launches Quill Bank to Deliver Banking Expertise to Fintechs

PR Newswire
by PR Newswire0
Quill Bank delivers decades of banking expertise directly to fintechs seeking a credible, consistent, and experienced bank. CCBank is excited to announce the launch of Quill Bank, a distinctive, modern brand designed to serve the fintech banking vertical and bring innovative financial products to market with efficiency and broad appeal. Quill Bank......
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