Tag : Bank

Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition
Banking News

Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe State Bank Acquisition

Fintech News Desk
by Fintech News Desk0
Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, announced that it has received all bank regulatory approvals necessary to complete its planned acquisition of and merger with The Roscoe State Bank. Cornerstone Home Lending expects the transaction to close on or around October 1, 2022, subject to......
TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility
Banking News

TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a wood products distribution company in Arkansas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. “Latest Fintech News: Bank of America Announces Small Business Down......
Climate First Bank Increases Access to Eco-Friendly Finance with New Hires
Banking News

Climate First Bank Increases Access to Eco-Friendly Finance with New Hires

Fintech News Desk
by Fintech News Desk0
Values-based bank announces 12 new hires, including HR director, branch managers and additions to the residential mortgage and commercial lending teams Climate First Bank, the world’s first community bank founded to fight the climate crisis, welcomes 12 employees to its growing Florida team, bringing the de novo’s total employee count......
FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027
Banking News

FirstCash Increases Size of Revolving Bank Credit Facility; Maturity Date Extended to August 2027

FalkRieker
by FalkRieker0
FirstCash Holdings, Inc. the leading international operator of retail pawn stores and a leading provider of retail point-of-sale payment solutions, today announced that it has amended the terms of its long-term, unsecured bank credit facility to increase the size of the commitment to $590 million and extend the maturity date......
Stabila Emerges as the Leading Blockchain for Bank-Grade Stablecoins.
Banking News

Stabila Emerges as the Leading Blockchain for Bank-Grade Stablecoins.

Fintech News Desk
by Fintech News Desk0
Stabila is a POS blockchain focused on bank-grade stablecoins and bank-grade digital assets. In the latest development, Stabila made it possible for counterparties to exchange digital crypto assets instead of relying on fiat currencies. For example, USD, EUR, GBP, JPY, CNY, and CHF payments are made without the hassle and settled......
CIT Increases Financing for FOX Rehabilitation by $50 Million
Banking Finance News

CIT Increases Financing for FOX Rehabilitation by $50 Million

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. “Latest Fintech News: PalmPay Hits 10 Million User Milestone in Nigeria The original financing was developed in connection with FOX’s acquisition by Blue Wolf Capital......
GLORY Launches Next Generation Teller Cash Recyclers
Banking News

GLORY Launches Next Generation Teller Cash Recyclers

Fintech News Desk
by Fintech News Desk0
Designed to support the changing needs of bank branch networks Glory announces the first of its new GLR series of Teller Cash Recycler (TCR) solutions, GLR-100. The new cassette-based recycling solution with self-audit capabilities advances Glory’s portfolio and enables retail financial institutions to transform their branch networks and address the......
ACIA Aero Leasing Upsizes Credit Facility with Investec Bank
Banking News

ACIA Aero Leasing Upsizes Credit Facility with Investec Bank

Fintech News Desk
by Fintech News Desk0
$100 Million Portfolio of 14 Regional Aircraft Financed Since Q1 2022 ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced the upsizing of the lessor’s initial Revolving Credit Facility (“RCF”) with Investec Bank. Since the first quarter of 2022, Investec Bank has financed......
First National Bank of Omaha Launches Credit Card-as-a-Service Solution
Banking News

First National Bank of Omaha Launches Credit Card-as-a-Service Solution

Fintech News Desk
by Fintech News Desk0
Bend by FNBO Aimed to Meet the Dynamic Needs of Fintechs, Digital Brands and Technology Platforms First National Bank of Omaha (FNBO) announces the launch of Bend by FNBO. The new credit card-as-a-service (CaaS) solution expands FNBO’s technological agility to offer customized credit card issuance for today’s digital landscape. Bend by FNBO......
nChain Explains Path to Global Adoption of Central Bank Digital Currencies
Banking News

nChain Explains Path to Global Adoption of Central Bank Digital Currencies

Fintech News Desk
by Fintech News Desk0
nChain AG outlined a feasible approach for governments wishing to implement a CBDC, with the launch of their 40-page CBDC Playbook. “Latest Fintech News: Groma and Needham Bank Partner to Finance Multi-Family Investments in Boston, MA This introduction to digital national currencies offers a fresh perspective to the more academic approach—that......
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