Tag : banking

CadRemit Adds FedNow Support for USD Virtual Accounts
Digital Payments Finance News

CadRemit Adds FedNow Support for USD Virtual Accounts

EIN Presswire
by EIN Presswire0
New FedNow support enables eligible USD payments to settle instantly into CadRemit virtual accounts. CadRemit today announced support for FedNow payments for USD virtual accounts, expanding its real-time payment infrastructure for customers receiving funds from the United States. FedNow is the Federal Reserve’s instant payment service that enables participating financial......
4 Legal Documentation Patterns Blunative Corp. Identifies in Platforms That Build Durable Banking Relationships
Banking Finance News

4 Legal Documentation Patterns Blunative Corp. Identifies in Platforms That Build Durable Banking Relationships

Cision PRWeb
by Cision PRWeb0
New analysis from Blunative Corp. identifies four documentation practices that consistently set communication and social discovery platforms apart from those that keep running into friction with financial institutions. Blunative Corp., a specialized services provider for communication platforms and social discovery products entering the U.S. market, has released new analysis examining......
Latinia Identifies a Growing Governance Gap in Critical Banking Communications
Banking Finance News

Latinia Identifies a Growing Governance Gap in Critical Banking Communications

Business Wire
by Business Wire0
New industry perspective argues that banks have established governance frameworks for fraud and cybersecurity but lack equivalent control for payments and customer-facing communications tied to critical financial events. Latinia, a provider of real-time decisioning and communication technologies for financial institutions, released a new industry perspective examining what it describes as......
United Community Banks, Inc. Announces Agreement to Sell Equipment Finance Business, Consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., to Funds Managed by Wafra Inc.
Banking Finance News

United Community Banks, Inc. Announces Agreement to Sell Equipment Finance Business, Consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., to Funds Managed by Wafra Inc.

GlobeNewswire
by GlobeNewswire0
United Community Banks, Inc. (NYSE: UCB) (“United”) today announced the execution of a definitive agreement to sell its equipment finance business, consisting of Navitas Credit Corp. and NLFC Reinsurance Corp. (collectively, “Navitas”), to funds managed by Wafra Inc., acting through Navitas TopCo LLC (“Wafra”) for $1.9 billion in cash1 (the “Transaction”).......
Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors
Banking Finance News

Unity Bank Appoints Sara M. Sooy and Alfred J. Gaburo to Board of Directors

GlobeNewswire
by GlobeNewswire0
New directors bring extensive experience in government affairs, financial oversight, banking, real estate finance, and community leadership Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, announced that its Board of Directors has voted to appoint Sara M. Sooy and Alfred J. Gaburo to the Unity Bank Board......
DreamSpring Names Charles McElrath as Incoming Chief Executive Officer
Banking Finance News

DreamSpring Names Charles McElrath as Incoming Chief Executive Officer

EIN Presswire
by EIN Presswire0
A 35-year banking and community development veteran, McElrath will lead DreamSpring’s mission to expand access to capital across 27 states. DreamSpring, one of the nation’s leading nonprofit community development financial institutions (CDFIs), today announced the appointment of Charles McElrath as its incoming Chief Executive Officer. A nationally respected banking and......
Fintech and Banking Industry Veteran Bryan Clagett Joins Centergy Solutions Board of Directors
Banking Fintech News

Fintech and Banking Industry Veteran Bryan Clagett Joins Centergy Solutions Board of Directors

EIN Presswire
by EIN Presswire0
Clagett brings more than 30 years of experience across banking, credit unions, fintech, digital banking, and financial services innovation. Centergy Solutions, a leading provider of digital lending and consumer engagement technology for financial institutions, today announced the appointment of Bryan Clagett to its Board of Directors. Clagett brings more than......
Autobooks Adds Pay by Card to Bill Pay for Every Banking Client, in Partnership with Global Payments
Banking Digital Payments News

Autobooks Adds Pay by Card to Bill Pay for Every Banking Client, in Partnership with Global Payments

Cision PRWeb
by Cision PRWeb0
The latest enhancement to Autobooks’ connected banking solution lets consumers and small businesses pay any bill by credit card, available across Autobooks’ bill pay client base as a standard feature. Autobooks today announced that consumers and small businesses can now pay any bill by credit card across its bill pay solution,......
ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal
Finance News

ZIGRAM Partners with AMNIL to Strengthen AML Compliance in Nepal

EIN Presswire
by EIN Presswire0
Strategic collaboration combines global RegTech capabilities with local technical expertise to support Nepal’s efforts to exit the FATF Grey List ZIGRAM, a global leader in Regulatory Technology (RegTech) building Anti-Money Laundering (AML) solutions, has announced a synergistic partnership with AMNIL Technologies to boost the delivery and implementation of its advanced AML and......
When the Signals Were Always There: What Kontigo Reveals About Fintech's Risk Blind Spot
Artificial Intelligence Banking Compliance management Cryptocurrency Finance Fintech Industry Perspectives

When the Signals Were Always There: What Kontigo Reveals About Fintech’s Risk Blind Spot

Clarence Chio
by Clarence Chio0
financial systemThe investigation into Kontigo has generated significant discussion across fintech and compliance circles and for good reason. But the most important lesson from this story is not about one bad actor slipping through the cracks. It is about a system that was never designed to catch what was hiding......
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