Tag : Bank

PrincePerelson & Associates Delivers CEO for New Utah Industrial Bank
Banking Fintech News

PrincePerelson & Associates Delivers CEO for New Utah Industrial Bank

EIN Presswire
Utah based, executive search firm delivers the President & CEO for a de novo industrial bank backed by a fast-growing New York fintech. PrincePerelson & Associates, one of Utah’s leading recruiting and executive search firms, recently announced the successful completion of a confidential executive search resulting in the placement of......
Bank OZK Announces $200 Million Stock Repurchase Program
Banking News

Bank OZK Announces $200 Million Stock Repurchase Program

GlobeNewswire
Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that its Board of Directors has approved a stock repurchase program (the “Stock Repurchase Program”) authorizing the purchase of up to $200 million of outstanding common stock. The Stock Repurchase Program has received all necessary regulatory approvals and will become effective July......
Live Oak Bank Appoints Matthew S. Diffley as Chief Accounting Officer
Banking Finance News Uncategorized

Live Oak Bank Appoints Matthew S. Diffley as Chief Accounting Officer

GlobeNewswire
Live Oak Bank announced today that Matthew S. Diffley has joined as Chief Accounting Officer, leading the bank’s financial reporting, accounting policy, general ledger operations and SOX compliance. Diffley has spent his career building and modernizing accounting organizations within complex, high-growth banking environments and will serve as a strategic partner......
OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans
Banking Finance News

OceanFirst Financial Corp. Completes Previously Announced Sale of $1.3 Billion of New York City Multifamily Loans

GlobeNewswire
OceanFirst Financial Corp. (NASDAQ: “OCFC”) (“OceanFirst”), the holding company for OceanFirst Bank N.A. (the “Bank”), today announced that the Bank has completed the previously announced sale of $1.3 billion of multifamily loans. The portfolio is largely in the New York City metropolitan area, and the majority is subject to NYC......
Lidion Bank Increases EUR Fixed-Term Deposit Rates Available via PickTheBank
Banking News

Lidion Bank Increases EUR Fixed-Term Deposit Rates Available via PickTheBank

EIN Presswire
Lidion Bank, in cooperation with PickTheBank, has announced an update to its EUR fixed-term deposit rates, with increased nominal interest rates across selected maturities. Under the new rate schedule, EUR deposits opened through PickTheBank will offer higher rates for 6-month, 9-month and 1-year maturities. The strongest increase applies to the......
HELOC Just Got Better for New England Homeowners: Machias Savings Bank Partners for Enhanced Digital Lending in Manchester, NH
Banking News

HELOC Just Got Better for New England Homeowners: Machias Savings Bank Partners for Enhanced Digital Lending in Manchester, NH

Cision PRWeb
Machias Savings Bank has strengthened its digital lending platform through a new partnership with Vikar Technologies and has established its first branch in Manchester, New Hampshire, to serve the region’s growing home equity financing needs. A recent partnership between Machias Savings Bank and Vikar Technologies brings enhanced digital lending capabilities to......
BCB Bank selects Vikar to deliver seamless online and in-branch account opening for consumer and business customers
Banking Finance News

BCB Bank Selects Vikar to Deliver Seamless Online and in-branch Account Opening for Consumer and Business Customers

EIN Presswire
BCB Bank selects Vikar Technologies to streamline consumer and business account opening online and in-branch, boosting efficiency and customer experience. Vikar Technologies, a leading provider of unified digital account opening and lending solutions for financial institutions, today announced a partnership with BCB Bank (“BCB”). BCB will implement Vikar’s platform to......
New Mail-Fraud Scheme Is Engineered to Clear Bank Checks Before Victims Realize the Loss
Banking News

New Mail-Fraud Scheme Is Engineered to Clear Bank Checks Before Victims Realize the Loss

EIN Presswire
ScamROCKET warns of a mail-fraud scheme using real, funded bank accounts to clear checks before victims recognize the loss. A new wave of mail fraud is slipping past the automated systems banks rely on, using checks drawn on real, funded accounts that the banks’ own systems will clear. As a......
Wellbees Raises $3.6M Series A Led by Qatar Development Bank to Accelerate Gulf Expansion
Banking Investment Services News

Wellbees Raises $3.6M Series A Led by Qatar Development Bank to Accelerate Gulf Expansion

EIN Presswire
Qatar Development Bank leads the round as Wellbees opens its Qatar office and expands its AI-powered employee wellbeing platform across the Gulf. Wellbees, an enterprise-focused, AI-powered employee wellbeing platform operating in over 100 countries and 38 languages, today announced it has raised a $3.6 million Series A investment round led by Qatar......
Alaan launches UAE's first AI-native business bank account, powered by ruya
Banking Fintech News

Alaan Launches UAE’s first AI-native Business Bank Account, Powered by Ruya

EIN Presswire
First fintech in the region to bring corporate cards, domestic and cross-border transfers, invoice automation, and accounting in a single AI-native workflow. Alaan, the UAE’s leading spend management platform, today launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the first fintech in......
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