Tag : financial technology

BitNile Holdings Issues March Bitcoin Production and Mining Operation Report
Blockchain Cryptocurrency News

BitNile Holdings Issues March Bitcoin Production and Mining Operation Report

Fintech News Desk
by Fintech News Desk0
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is currently operating......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
by Fintech News Desk0
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer
Banking Lending News

Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer

Fintech News Desk
by Fintech News Desk0
Provides $8 Million Of Financing For Working Capital, Real Estate And Equipment Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years.......
FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger
Banking News

FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger

Fintech News Desk
by Fintech News Desk0
Colorado-based FirstSun Capital Bancorp (“FirstSun,” or the “Company”), the holding company of Sunflower Bank, N.A. (“Sunflower Bank”), announced that it has completed its previously announced merger with Texas-based Pioneer Bancshares, Inc. (“Pioneer”) effective April 1, 2022. Also effective April 1, 2022, Pioneer’s subsidiary bank, Pioneer Bank, SSB, merged into Sunflower......
The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence
Banking News

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence

Fintech News Desk
by Fintech News Desk0
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., is pleased to announce it has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its......
Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO
Banking Investment Services News

Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO

Fintech News Desk
by Fintech News Desk0
Brings to pharmacy software leader proven track record of improving overall business performance at top companies worldwide Transaction Data Systems (TDS), the leader in pharmacy software solutions, announced the appointment of Al Farrell to Chief Financial Officer. Farrell will optimize the financial performance of the company as TDS works to......
OneConnect Co-Founds Dual Carbon Innovation Laboratory Initiating Development of ESG-Focused Blockchain Applications
Blockchain Fintech News

OneConnect Co-Founds Dual Carbon Innovation Laboratory Initiating Development of ESG-Focused Blockchain Applications

Fintech News Desk
by Fintech News Desk0
OneConnect Financial Technology Co. Ltd, a leading Technology-as-a-Service provider for financial institutions announces the launch of the Innovation Laboratory of Carbon Emission Governance Blockchain and Energy Technology (the “Dual Carbon Innovation Laboratory”). Founding members include OneConnect, China Mobile Research Institute, China Quality Certification Centre and Sinochem Environment holding Co. Ltd.......
ZSuite Technologies Completes SOC 2 Type 1 Examination
Compliance management News

ZSuite Technologies Completes SOC 2 Type 1 Examination

Fintech News Desk
by Fintech News Desk0
Financial technology company ends 2021 with security certification, new platform capabilities and an expanded client roster ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, has completed its SOC 2 Type 1 examination. Achieving SOC 2 compliance indicates that ZSuite Technologies’......
Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity
Artificial Intelligence News

Enova Increases Securitization Warehouse Facilities with Additional $235 Million in Capacity

Fintech News Desk
by Fintech News Desk0
Enova International, a leading financial technology company powered by machine learning and artificial intelligence, announced that during March the company closed $235 million of additional capacity across all four of its existing consumer and small business securitization warehouse facilities. “Our ability to increase the capacity in each of our existing committed......
Buy Now, Pay Later Provider Credova Makes Big Moves In Bitcoin With IDX
Digital Asset Management Finance News

Buy-Now-Pay-Later Market Predicted to Reach USD $33.64 Billion by 2027

Fintech News Desk
by Fintech News Desk0
Statistics show that online shopping doubled during the pandemic. With the rise in retail therapy and simultaneous economic uncertainty faced by many during the pandemic, it’s no wonder that Buy Now, Pay Later (BNPL) technology has emerged recently to huge success. The financial technology that allows users to make purchases......
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