Tag : Commercial Banking

Tassat Group, Inc. Announces Multi-Currency Offering
Digital Payments News

Tassat Group, Inc. Announces Multi-Currency Offering

Business Wire
by Business Wire0
Leading B2B payments provider to offer capabilities for banks to hold and manage multiple fiat currencies within a single wallet Tassat Group, Inc., the leading provider of real-time digital payments solutions for commercial banks and their business-to-business (B2B) clients, announced a new multiple fiat currency functionality which will be available......
CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
Fintech News

CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor. Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group......
American Bank & Trust Selects Marstone’s Digital Wealth Management Services
Banking News

American Bank & Trust Selects Marstone’s Digital Wealth Management Services

Business Wire
by Business Wire0
Marstone’s Wealth Management-as-a-Service offering continues to gain traction, growing American Bank & Trust’s wealth management capabilities Marstone, Inc., a leading digital wealth technology firm, announced it has partnered with American Bank & Trust, N.A., a $500 million community bank, to provide its turnkey digital wealth management platform and Wealth Management-as-a-Service......
nCino Announces Partnership with Grasshopper to Streamline Bank’s Internal Processes
Banking News

nCino Announces Partnership with Grasshopper to Streamline Bank’s Internal Processes

GlobeNewswire
by GlobeNewswire0
Partnership strengthens Grasshopper’s Commercial and SBA lending businesses as it continues to expand the use of the platform for even greater efficiency nCino, Inc., a pioneer in cloud banking for the global financial services industry, announces its partnership with Grasshopper, the client-first digital bank built for the business and innovation......
First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
Banking Finance News

First Citizens Bank Provides $16 Million in Financing to FitLife Brands

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Middle Market Banking business provided $16 million in financing to FitLife Brands, Inc., a provider of innovative and proprietary nutritional supplements headquartered in Omaha, Nebraska. The financing includes a $12.5 million term loan for FitLife’s strategic acquisition of Mimi’s Rock, an e-commerce wellness company that owns brands in the nutritional supplement......
First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community
Banking News

First Citizens Bank Provides $48 Million for Acquisition of Florida Apartment Community

PR Newswire
by PR Newswire0
First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, provided a $48 million senior secured loan to finance the acquisition of the Dunson Grove apartment community in Davenport, Florida. The property consists of 18 three-story buildings comprising 319 residential units. Located in a suburb of Orlando, Florida, the apartment......
SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth
Banking InsurTech News

SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth

Business Wire
by Business Wire0
Growth capital will support captive reinsurance vehicle and increase underwriting capacity SageSure, a leading provider of catastrophe-exposed property insurance, announced the close of a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial Corporation. The funding will enable SageSure to increase underwriting capacity in the......
Tassat Announces Client Connectivity to FedNow, The Federal Reserve’s First Instant Payment Rail
Digital Payments News

Tassat Announces Client Connectivity to FedNow, The Federal Reserve’s First Instant Payment Rail

Business Wire
by Business Wire0
The leading B2B digital payments platform has been a FedNow showcase participant, providing its capabilities to financial institutions interested in utilizing FedNow Tassat Group Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced that its client-facing API can serve as an on-ramp......
ProcessMaker Partners with IMM to Increase Digital Banking Efficiency
Banking News

ProcessMaker Partners with IMM to Increase Digital Banking Efficiency

Business Wire
by Business Wire0
Fintech provider integrates eSignature technology to ease and streamline account application process IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, and ProcessMaker, a leading Business Process Automation (BPA) company and workflow software solution provider based in Durham, N.C., announced a strategic partnership......
94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation
Digital Payments News

94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation

PR Newswire
by PR Newswire0
Research from Aite-Novarica Group, supported by Finastra, indicates that banks must invest in new technologies as business customers demand more robust payment capabilities Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for......
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