Tag : financial services

MAG Partners With Coinmena to Facilitate Property Transactions Using Cryptocurrency
Cryptocurrency Digital Asset Management News

MAG Partners With CoinMENA to Facilitate Property Transactions Using Cryptocurrency

Fintech News Desk
The developer aims to create new avenues for investors to diversify their investment portfolio via digital assets and further boost Dubai’s thriving economy MAG, the leading real estate developer in the UAE, has signed an agreement with CoinMENA, a leading crypto asset service provider in the Middle East and North Africa (MENA), to facilitate real estate......
Wipro Announces the Launch of Capco in the Middle East
Finance News Technology

Wipro Announces the Launch of Capco in the Middle East

Fintech News Desk
Wipro Limited, a leading technology services and consulting company, announced the launch of a new Middle East financial services advisory capability. Capco, a Wipro company, will offer strategic management and technology consulting capabilities to financial services firms in the Middle East to enable their transformation, digitization, and business consolidation initiatives.......
HSBC Partners With Extend, Accelerating Availability of Expense Management Solutions for Commercial Card Clients
Banking News

HSBC Partners With Extend, Accelerating Availability of Expense Management Solutions for Commercial Card Clients

Fintech News Desk
Using their HSBC business cards, joint customers will be able to simplify essential processes Extend, a leading virtual card and spend management platform, announced a partnership with HSBC, one of the world’s largest banking and financial services organizations. HSBC will offer Extend solutions to its commercial card clients in the......
Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation
Digital Payments News

Visa Pledges to Invest $1 Billion in Africa to Accelerate Digital Transformation

Fintech News Desk
During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners During the U.S-Africa Business Forum, Visa announced a pledge to invest $1 billion in Africa over the next five years to advance resilient,......
EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers
Artificial Intelligence Banking News

EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers

Fintech News Desk
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that Cullman, Ala.-based, EvaBank ($396 million asset) has selected Lokyata’s AI-powered credit decisioning tools, ExcelRate and BankAnalyze, to fully automate its consumer lending process and support the bank’s mission to expand the availability of credit to members of......
Carofin Completes $2 Million Equity Financing for TxtSmarter
Finance News

Carofin Completes $2 Million Equity Financing for TxtSmarter

Fintech News Desk
Carofin and CFS Announce Successful Financing of TxtSmarter, a secure pipeline for full communications capture across private messaging applications, platforms, and services With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred......
German Banks Respond to Big Changes With Transformation
Banking News

German Banks Respond to Big Changes With Transformation

Fintech News Desk
Traditional banks are modernizing systems and business models as new competitors and products disrupt the industry, ISG Provider Lens report says Most banks in Germany are digitally transforming themselves as new competitors, regulations and consumer expectations trigger historic changes in the country’s banking industry, according to a new research report published......
F.N.B. Corporation Completes Acquisition of UB Bancorp
Banking News

F.N.B. Corporation Completes Acquisition of UB Bancorp

Fintech News Desk
FNB Welcomes New Customers in North Carolina F.N.B. Corporation announced that it successfully completed its acquisition of Greenville, North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank (Union). As a result of the acquisition of Union, FNB has nearly $44 billion in total assets, $29 billion in total loans and $35 billion in total deposits on a proforma......
Prime Capital Investment Advisors Partners with Professional Financial Services
Fintech News

Prime Capital Investment Advisors Partners with Professional Financial Services

Fintech News Desk
PCIA enters the Sioux Falls and South Dakota markets Prime Capital Investment Advisors (PCIA), is pleased to announce their new partnership with Professional Financial Services (PFS). PCIA’s acquisition expands PCIA’s national footprint and adds $185 million in assets under management as of the end of October 2022. Read: Lets Understand Crypto In A Laymans......
NexBank Promotes Brian Ralston to EVP, Chief Mortgage Banking Officer
Banking News

NexBank Promotes Brian Ralston to EVP, Chief Mortgage Banking Officer

Fintech News Desk
NexBank, the largest privately held bank based in Texas and a subsidiary of NexBank Capital, Inc., announced that Brian Ralston has been promoted to Executive Vice President, Chief Mortgage Banking Officer. Ralston previously served as Senior Vice President of Mortgage Banking since 2013. In his new role, Ralston will lead the strategic direction of......
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