Tag : banking system
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
ModernFi Announces Advisory Board as the Firm Accelerates Its Support of Community and Regional Banks
ModernFi, which operates the first tech-enabled deposit marketplace for banks, is proud to announce its inaugural Advisory Board. The ModernFi team is extremely fortunate and grateful to work alongside industry leaders across tech and finance. Recent events in the banking sector have crystallized the importance of effective deposit management and......
Unity Bank Upgrades Core Banking System to M2P’s Turing CBS
Full implementation completed in record 88 days Unity Small Finance Bank Limited, a new-age digital-first bank, has replaced its core banking system (CBS) with M2P Fintech’s Turing CBS. The new generation platform will revolutionize the way the bank serves its customers by offering seamless digital banking experiences. The implementation entailed......
The First Arab Crypto Bank With Outstanding Features: Gulf Crypto Bank; Recognized to Be One of the Top 10 Prominent Projects in the Arab World for the Year 2023
After the huge success of $GULF, GULF Software & Technology is launching GULF CRYPTO BANK, a one-of-a-kind project, an integrated banking system in which you can work in Fiat currencies as well as digital currencies. Opening an account will be easy and accessible with a friendly user dashboard, from which......
Locality Bank Opens Brick and Mortar Headquarters in Fort Lauderdale, Florida
Locality Bank, the first community bank to open in South Florida in more than 10 years, has opened its 2,500 square-foot Fort Lauderdale headquarters (1400 South Andrews Avenue). A ribbon cutting ceremony is planned for February 9, 2023. Located in the South Andrews Avenue corridor of Fort Lauderdale, Florida, the newly renovated free-standing building was designed......
Dollar Bank Announces a Reduction of Fees and Introduces Overdraft Defense
Dollar Bank announced that it is reducing fees and eliminating non-sufficient funds (NSF) fees by introducing Overdraft Defense. In late January, Dollar Bank will reduce overdraft fees and eliminate NSF fees (the fee that is charged when an item is not paid) for all consumer accounts. Overdraft Defense will provide......
FCM Bank Malta Taps DXC Technology and Temenos Platform for Core Banking System Modernization
DXC Technology, a leading Fortune 500 global technology services company, has partnered with solution provider Temenos (SIX: TEMN), to lead the digital transformation of critical IT architecture for FCM Bank, one of Malta’s leading providers of savings and fixed-term deposit products. “Latest Fintech News: Bango Acquires Global Payments Business of NTT DOCOMO......
Figure Announces Collaboration with Visa to Add Issuing Processing to its Banking in a Box Platform
Figure’s Banking in a Box Platform is Built on the Provenance Blockchain Figure Technologies, Inc., a leader in transforming financial services through the power of blockchain technology, announced a new collaboration with Visa to provide issuing processor services via Figure’s blockchain-based Banking in a Box platform. Visa DPS, used by......
Columbia Bank Expands Business Lending Division Into Utah With Key Leadership Hires
Veteran Bankers Jeffrey Thomas, James Divver to Deliver Business Lending Services Columbia Bank, the wholly owned subsidiary of Columbia Banking System, Inc. (“Columbia”), announced the expansion of its Business Lending Division into Utah with the hires of veteran Salt Lake City-area bankers Jeffrey Thomas and James Divver. Latest Fintech News: Dubai Investment Fund (DIF) Announces the Creation of......