Tag : Bank

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......
Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank
Banking News

Iveric Bio Announces Agreement for Up to $250 Million in Non-Dilutive Debt Financing with Hercules Capital and Silicon Valley Bank

Fintech News Desk
IVERIC bio, Inc. announced that it has entered into a term loan debt financing facility with Hercules Capital, Inc. and Silicon Valley Bank providing the Company with total borrowing capacity of up to $250 million in non-dilutive debt financing. Latest Fintech News: Ushur Launches Insurance Automation Portfolio in AWS Marketplace......
BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France
Digital Payments News

BlueSnap Partners With Dalenys, Part of Groupe BPCE, to Help Businesses Achieve Higher Authorization Rates in the EU and France

Fintech News Desk
The global payment orchestration platform partnership with Dalenys, a leading French Paytech and part of France’s second largest bank, Groupe BPCE, fortifies its local acquiring capabilities in Europe. BlueSnap, the global payment orchestration platform that helps businesses accept payments globally, has partnered with Dalenys, the Merchant Acquirer specialized in payments performance and part......
American Express Launches Digital, Cross-Border Payment Solution for U.S. Small Businesses
Banking News

Somerset Savings Bank to Conduct Conversion and Related Stock Offering and to Merge With Regal Bancorp, Inc.

Fintech News Desk
Somerset Savings Bank, SLA announced that its Board of Directors has adopted a plan of conversion to convert from the mutual to stock form of organization. SR Bancorp, Inc., a newly formed Maryland corporation (“SR Bancorp” or the “Company”), has been organized to facilitate the conversion and offer shares of common......
Santa Cruz County Bank Announces $5 Million Share Repurchase Program
Finance News

Santa Cruz County Bank Announces $5 Million Share Repurchase Program

Fintech News Desk
Santa Cruz County Bank announced the launch of a $5 million Share Repurchase Program. The Bank’s Board of Directors authorized the Share Repurchase Program and received the required approvals from the California Department of Financial Protection and Innovation as well as the Federal Deposit Insurance Corporation. Latest Fintech News: COINZIX Announces $300,000 Investment from......
HomeTrust Bancshares, Inc. Announces Merger with Quantum Capital Corp.
Banking News

HomeTrust Bancshares, Inc. Announces Merger with Quantum Capital Corp.

Fintech News Desk
HomeTrust Bancshares, Inc. the holding company of HomeTrust Bank, announces the signing of a definitive merger agreement (“Agreement”) whereby Quantum Capital Corp. (“Quantum”) will merge with HomeTrust in a stock and cash transaction valued at approximately $67.6 million (the “Transaction”). Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures Quantum......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise

Fintech News Desk
MainStreet Bancshares, Inc. the holding company for MainStreet Bank, said its net interest margin widened as rates climbed in recent months, driving strong net income for the second quarter and six months ended June 30, 2022. Latest Fintech News: COINZIX Announces $300,000 Investment from Legion Ventures The Bank’s loan portfolio is well positioned for increasing......
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