Tag : Commercial Banking

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......
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
by Business Wire0
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
by Fintech News Desk0
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......
Citizens Announces Taira Hall as Head of Enterprise Payments
Banking News

Citizens Announces Availability of Zelle for its Small Business Customers

Fintech News Desk
by Fintech News Desk0
Mobile banking app now includes the speed and efficiency of Zelle Citizens announced the launch of Zelle to eligible small business customers, a new offering that allows them to pay and get paid quickly and easily using Zelle – all within the Citizens mobile banking app. As small businesses demand......
Fulton Bank Invests $1 Million in Innovate Capital Growth Fund
Banking News

Fulton Bank Invests $1 Million in Innovate Capital Growth Fund

Fintech News Desk
by Fintech News Desk0
Investment Will Fund Growth for Minority- and Women-Owned Businesses in the Mid-Atlantic Region Fulton Bank, a subsidiary of Fulton Financial Corporation, has invested $1 million in Innovate Capital Growth Fund, L.P., which provides capital and operational expertise to enable minority- and women-owned businesses to grow. “We are excited about the......
b1BANK Announces Plans to Relocate and Expand Downtown Lake Charles Banking Center
Banking News

b1BANK Announces Plans to Relocate and Expand Downtown Lake Charles Banking Center

Fintech News Desk
by Fintech News Desk0
b1BANK announced plans to relocate its Ryan Street location to a new building in downtown Lake Charles later this year. The bank has been a part of the Lake Charles community since 2009. “We have experienced significant growth in the Lake Charles market and require a larger facility to better......
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