Tag : banking relationships

Startups Flock to Too-Big-To-Fail Banks
Banking Fintech Startups News

Startups Flock to Too-Big-To-Fail Banks

PR Newswire
by PR Newswire0337
According to data from Kruze Consulting, the percent of startups with too-big-to-fail bank accounts went from 9% in February to 72% in April Based on data from 160+ venture fund startups and more than $2 billion in cash, startups have been flocking to the major banks like JP Morgan, Morgan Stanley and......
Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank
Banking News

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
by PR Newswire0421
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......
For Middle Market Companies, Economic Uncertainty and a Technology Gap Heighten Appeal of Big Banks
Banking News

For Middle Market Companies, Economic Uncertainty and a Technology Gap Heighten Appeal of Big Banks

Business Wire
by Business Wire0348
Concerns about an economic downturn have made middle market companies more conservative when managing their banking relationships. Latest Fintech Insights :  MoneyLion Partners with Column Tax to Offer Customers Free Tax Services “Intuitive digital solutions are the key to improving the client experience” Over the past six months, perceptions of......
Citizens Announces Taira Hall as Head of Enterprise Payments
Banking News

Citizens Announces Availability of Zelle for its Small Business Customers

Fintech News Desk
by Fintech News Desk0583
Mobile banking app now includes the speed and efficiency of Zelle Citizens announced the launch of Zelle to eligible small business customers, a new offering that allows them to pay and get paid quickly and easily using Zelle – all within the Citizens mobile banking app. As small businesses demand......
Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds
Banking Business News

Small Businesses Feeling the Impacts of the Economy and Inflation, But Are Still Optimistic About Future Revenue, New WSFS Bank Study Finds

Fintech News Desk
by Fintech News Desk0335
Seven in 10 feel they are well positioned to borrow, with equipment financing being their top need Mid-Atlantic small businesses are optimistic in their ability to keep revenues at their current pace or even increase them in the next year despite economic woes and strains on their costs, a new......
Fees Cause Customers to Reevaluate Bank Relationships, According to a New Survey
Banking News

Fees Cause Customers to Reevaluate Bank Relationships, According to a New Survey

Fintech News Desk
by Fintech News Desk0361
A new study of US banking customers and their attitudes toward fees has uncovered that nearly one in three customers considered changing banks because of those fees. “Customers’ antipathy toward fees is clearly a threat to banking relationships, especially among an older and valuable demographic” The second annual study, commissioned......
TenureX Raises $5 Million Series Seed, Poised to Become the Next Generation Platform for Corresponding Banking as a Service
Banking Cryptocurrency News

TenureX Opens the Door to Crypto Payment Opportunities

Fintech News Desk
by Fintech News Desk0374
New platform allows traditional payment companies to capitalize on $1tn crypto market TenureX, an interoperability platform that enables and streamlines correspondent banking relationships, announces the launch of the latest version to its platform – a seamless way for payments companies to deploy a bridge between fiat and crypto while managing......
High-Volume Crypto Spot/P2P Trading – Ethereum Exchange DeFi Platform Update
Currency Exchange News Trading

High-Volume Crypto Spot/P2P Trading – Ethereum Exchange DeFi Platform Update

Fintech News Desk
by Fintech News Desk0431
As cryptocurrency continues its integration into the financial mainstream, a digital currency technology company announces a new decentralized exchange web application for traders Venice Swap has announced the first release of its crypto exchange. It offers an English language-based trading space for spot, margin, and P2P functionalities across the 10......
Digital Tools Helping Banks Patch Up Relationships with Small Businesses
Banking Business

Digital Tools Helping Banks Patch Up Relationships with Small Businesses

Fintech News Desk
by Fintech News Desk0545
Coalition Greenwich Announces winners of 2021 Greenwich Excellence, Best Brand and Share Leader Awards in U.S. Small Business Banking Digital banking tools adopted during the pandemic are helping mend relationships between small businesses and their banks. “While some larger companies that have traditionally gotten more in-person service from bankers might......
First Bank and Trust Company Announces Pinnacle Office Opening and Welcomes David Crockett, Jr.
Banking Finance News

First Bank and Trust Company Announces Pinnacle Office Opening and Welcomes David Crockett, Jr.

Fintech News Desk
by Fintech News Desk0556
First Bank and Trust Company, a diversified financial services firm with assets of $2.5 billion, announced the opening of its newest full-service office located at the Pinnacle in Bristol, Tennessee. The Pinnacle office will serve as the regional headquarters for First Bank and Trust Company’s Tennessee locations. William Houston “Hugh” Ferguson, III, Senior......
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