Tag : banking

Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Kruze Consulting Shared New Data on How Startups Have Changed Banking Strategy
Banking News

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

PR Newswire
by PR Newswire0
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20% of startups’ cash is collectively with SVB, and no single bank holds half of the startup ecosystem’s cash. Kruze Consulting, the startup accounting and CFO......
First Resource Bank Announces Lending Department Leadership Changes
Banking Lending News

First Resource Bank Announces Lending Department Leadership Changes

PR Newswire
by PR Newswire0
First Resource Bancorp, the holding company for First Resource Bank, announced the promotion of Lee Herzer to Executive Vice President & Chief Lending Officer, effective April 1, 2024. Herzer brings 20 years of extensive experience in the banking industry and has been an integral part of the First Resource Bank team since 2017.......
Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions
Banking News

Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions

PR Newswire
by PR Newswire0
Sandbox Banking, a trailblazing provider of banking automation solutions that accelerate digital transformation through their Integration Platform as a Service (IPaaS), Glyue, and Plaid, a data network powering the digital financial ecosystem, have announced a partnership that strengthens automated identity verification, addressing key challenges in the financial industry. Sandbox Banking’s consumer-centric......
Varo Bank Introduces Two New Financial Products
Banking News

Varo Bank Introduces Two New Financial Products

Fintech News Desk
by Fintech News Desk0
With Varo, Americans find an innovative way to reduce money worries and take control of finances from a bank that has built a fully integrated system to support successful money management instead of encouraging spending and growing debt. Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S.,......
First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program
Banking News

First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program

PR Newswire
by PR Newswire0
Leader in banking for tech innovators helps transferees set up bank accounts and build credit First Tech Federal Credit Union, the financial partner for tech innovators, is unveiling details of the First Tech Relocation Banking Program, which helps employees moving to the U.S. with an approved employer easily set up U.S.......
Alkami Technology, Inc. Launched the Alkami Digital Sales & Service Maturity Model Assessment
Banking News

Alkami Technology, Launched the Alkami Digital Sales & Service Maturity Model Assessment

Fintech News Desk
by Fintech News Desk0
The assessment, which is free to take and available now, is the first of its kind in the financial services industry and was built exclusively for financial institutions. Alkami Technology, Inc., a cloud-based digital banking solutions provider for financial institutions in the U.S., launched the Alkami Digital Sales & Service......
Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows
Finance News

Corporate Finance Leaders Still Concerned About Bank Failure, Survey Shows

PR Newswire
by PR Newswire0
Ampersand’s first annual Depositor Priorities Survey reveals increased interest in impact investing, and misalignment between financial institutions and their clients.  Ampersand Inc., a financial services firm revolutionizing deposit management, announced the release of its first annual Depositor Priorities Survey report, which underscores depositors’ need for safety and values alignment when......
BioCatch Partners With Google Cloud
Banking News

BioCatch Partners With Google Cloud

Fintech News Desk
by Fintech News Desk0
BioCatch’s next-generation fraud-detection, scam-prevention, and anti-money-laundering solutions help banking and financial services organizations combat increasingly sophisticated digital financial crime. BioCatch, a leading force in the realm of digital fraud detection and financial crime prevention through behavioral biometric intelligence, has unveiled a strategic collaboration with Google Cloud. This partnership aims to......
Usual Emerges From Stealth, Launches New Stablecoin Ecosystem With Alternative Model
Finance News

Usual Emerges From Stealth, Launches New Stablecoin Ecosystem With Alternative Model

PR Newswire
by PR Newswire0
Upcoming fiat-backed stablecoin will address flaws in existing models by offering holders equitable value distribution and yields generated from real world assets, as well as participation in DAO. Usual, an innovative hybrid finance protocol, officially emerged from stealth by announcing the launch of USD0, a permissionless and fully compliant stablecoin backed 1:1......
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