Tag : Commercial Banking

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

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

Business Wire
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
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
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
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
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
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
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
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......
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
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......
Fast-Growing Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation
Banking News

Encore Bank Selects Q2 to Accelerate its Commercial Digital Banking Innovation

Fintech News Desk
Q2 Catalyst’s suite of digital solutions to help Encore Bank meet the needs of its commercial clients Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, announced that Encore Bank, one of the nation’s fastest-growing banks, has selected Q2 as its strategic digital partner. “We......
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