Tag : Bank

CSI to be Acquired by Centerbridge and Bridgeport for $1.6 Billion
Banking News

Movement Bank Seeks New Technologies to Support the Underserved through CSI’s NuPoint Core Platform

Fintech News Desk
Computer Services, Inc. a provider of end-to-end fintech and regtech solutions, announced that Virginia-based Movement Bank has selected its NuPoint® core platform to provide customers with integrated, reliable core banking services. Latest Fintech News: Afirme Taps Volante Technologies to Modernize its Payments Infrastructure Movement Bank, with locations in Virginia and the Carolinas, focuses......
ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet
Banking News

ING Leads $350 Million Syndicated Financing for Precious Metals Merchant Auramet

Fintech News Desk
ING Capital LLC led a $350 million syndicated financing on behalf of Auramet Trading and Auramet International (collectively, “Auramet”), a precious metals merchant. ING acted as Mandated Lead Arranger, Bookrunner and Administrative Agent on a well oversubscribed deal, which closed on July 22, 2022.  With support from the lenders, the facility has increased......
Bank of England Mortgage Taps Sagent to Power Its Entire Servicing Ecosystem in 10-Year Deal
Fintech News

Bank of England Mortgage Taps Sagent to Power Its Entire Servicing Ecosystem in 10-Year Deal

Fintech News Desk
Deal combines world-class fintech homeowner experience with local lending service and expertise. Sagent will power customer attention, retention, engagement, and loan boarding with nimble systems synced by real-time data. Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a new 10-year......
LendingClub Names Drew LaBenne as New Chief Financial Officer
Banking News

LendingClub Names Drew LaBenne as New Chief Financial Officer

Fintech News Desk
Current CFO and Board Member, Tom Casey, to Retire After Transition Period LendingClub Corporation the parent company of LendingClub Bank, America’s leading digital marketplace bank, today announced that Drew LaBenne has been named LendingClub’s next Chief Financial Officer (CFO). To ensure a seamless transition, he will assume the responsibilities on September 1, 2022, from current......
Ageras Pushes Into Europe’s Largest Market, Buying German Neo-Bank Kontist
Banking News

Ageras Pushes Into Europe’s Largest Market, Buying German Neo-Bank Kontist

Fintech News Desk
Rapidly expanding its all-in-one fintech cockpit for small businesses with an aggressive M&A strategy and $100M war chest, this acquisition gives Ageras the dominant SME bank in Europe’s biggest economy. Ageras Group whose suite of financial and accounting software powers more than one million small businesses across Europe and North......
Afirme Taps Volante Technologies to Modernize its Payments Infrastructure
Digital Payments News

Afirme Taps Volante Technologies to Modernize its Payments Infrastructure

Nikita Chavan
Top-ten Mexican bank goes live with Volante to fully automate cross-border payments and offer its customers a richer experience and wider variety of international payment methods Volante Technologies, the global leader in cloud payments and financial messaging, is partnering with Banca Afirme, S.A. (Afirme), a subsidiary of Afirme Grupo Financiero, S.A. de......
PNC Bank Launches Community Advisory Council With 17 New Members Appointed
Banking News

PNC Bank Launches Community Advisory Council With 17 New Members Appointed

Fintech News Desk
Community Leaders Selected to Help Steer Bank’s $88 Billion Community Benefits Plan PNC Bank announced the formation of a new national Community Advisory Council (CAC) with the appointment of 17 members, who will provide ongoing guidance for the Bank’s community lending, investment, and service efforts in support of PNC’s four-year Community Benefits Plan.......
Bank First Corporation Signs Definitive Agreement to Acquire Hometown Bancorp, Ltd
Banking News

Bank First Corporation Signs Definitive Agreement to Acquire Hometown Bancorp, Ltd

Fintech News Desk
Both companies share a relationship-based philosophy focused on providing personalized products and services to the communities they serve. Strengthens Bank First’s franchise through a larger branch network and greater market share in central Wisconsin. The combined organization’s scale will increase lending capacity to Hometown customers, allowing its team of bankers to......
Genesis Bank Announces Launch of Escrow Division
Banking News

Genesis Bank Announces Launch of Escrow Division

Fintech News Desk
Genesis Bank, announced the launch of Genesis Bank Escrow, a new division of the Bank. Genesis Bank Escrow handles all aspects of commercial and commercial real estate-related escrow transactions, including compliance with local, state, and federal real estate guidelines, ensuring all buyer/seller conditions are satisfied, timely processing and filing of......
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