Tag : banking

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season
Banking News

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

GlobeNewswire
by GlobeNewswire0
These plans come after the company announced reaching over $540 million in assets in its 2024 Annual Shareholder Letter and more recently exceeding $600 million in assets. Climate First Bank, the world’s first FDIC-insured community bank founded to combat the climate crisis, announces, through its holding company Climate First Bancorp,......
Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality
Digital Payments News

Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality

PR Newswire
by PR Newswire0
Through Alkami’s single sign-on integration with SWIVEL’s Transaction Enablement™ Platform, Alkami’s bank and credit union clients can now easily take advantage of SWIVEL’s loan payments capabilities, offering their account holders the benefits of greater choice, speed, and flexibility when it comes to their loan payment options. Alkami Technology, a leading......
Results of New Study Reveal the Importance of Multiple Financial Education Interventions
Banking Fintech News

Results of New Study Reveal the Importance of Multiple Financial Education Interventions

PR Newswire
by PR Newswire0
The second-year data, collected during the 2022-23 school year, provided solid empirical evidence that multiple interventions are more effective than a standalone course in increasing knowledge, self-efficacy, and intended behaviors. EVERFI from Blackbaud and the MassMutual Foundation, have announced the Year 2 findings of a three-year, longitudinal study of financial capability among adolescents. The first-of-its-kind study is......
Prosperity Bancshares, Completes Merger With Lone Star State Bancshares
Banking News

Prosperity Bancshares, Completes Merger With Lone Star State Bancshares

PR Newswire
by PR Newswire0
Lone Star banking locations will continue to operate under the Lone Star name until the operational integration, which is scheduled for October 28, 2024. At that time, Lone Star customers may begin using any of Prosperity Bank’s combined 288 full-service banking centers. Prosperity Bancshares, the parent company of Prosperity Bank,......
New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry
Banking News

New Report Examines the Growing Importance of Revenue Cycle Management in an Evolving Behavioral Health Industry

PR Newswire
by PR Newswire0
The BGL Healthcare & Life Sciences Insider: The State of RCM in Behavioral Health Behavioral health focused revenue cycle management services and software companies are poised for outsized growth, according to an industry report released by the Healthcare Outsourcing & Information Technology investment banking team from Brown Gibbons Lang &......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
by Ali Hamriti0
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Kruze Consulting Shared New Data on How Startups Have Changed Banking Strategy
Banking News

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

PR Newswire
by PR Newswire0
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20% of startups’ cash is collectively with SVB, and no single bank holds half of the startup ecosystem’s cash. Kruze Consulting, the startup accounting and CFO......
First Resource Bank Announces Lending Department Leadership Changes
Banking Lending News

First Resource Bank Announces Lending Department Leadership Changes

PR Newswire
by PR Newswire0
First Resource Bancorp, the holding company for First Resource Bank, announced the promotion of Lee Herzer to Executive Vice President & Chief Lending Officer, effective April 1, 2024. Herzer brings 20 years of extensive experience in the banking industry and has been an integral part of the First Resource Bank team since 2017.......
Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions
Banking News

Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions

PR Newswire
by PR Newswire0
Sandbox Banking, a trailblazing provider of banking automation solutions that accelerate digital transformation through their Integration Platform as a Service (IPaaS), Glyue, and Plaid, a data network powering the digital financial ecosystem, have announced a partnership that strengthens automated identity verification, addressing key challenges in the financial industry. Sandbox Banking’s consumer-centric......
Varo Bank Introduces Two New Financial Products
Banking News

Varo Bank Introduces Two New Financial Products

Fintech News Desk
by Fintech News Desk0
With Varo, Americans find an innovative way to reduce money worries and take control of finances from a bank that has built a fully integrated system to support successful money management instead of encouraging spending and growing debt. Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S.,......
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