Tag : digital banking

High Investor Interest in Fibank Bonds
Banking News Stock Market

High Investor Interest in Fibank Bonds

Fintech News Desk
In one of the most challenging years for Bulgarian economy, Fibank successfully effected a private placement of the first tranche of its one-year program for the issuance of perpetual, non-cumulative, unsecured, deeply subordinated, freely transferable, non-convertible bonds that meet the requirements for additional tier one capital under Art. 52 of......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings
Banking News

Double Bottomline Completes the Purchase of Community Savings Bancorp and Community Savings

Fintech News Desk
Double Bottomline Corp. has completed the purchase of Community Savings Bancorp, Inc., and its wholly-owned subsidiary, Community Savings, a federal savings association. The final aggregate merger consideration for the transaction was $9.5 million, which will result in the payment of $23.44 per share in cash to the shareholders of CCSB common stock.  It......
Modyo and TODO1/iuvity Sign Agreement to Power a New Breed of Digital Financial Solutions
Banking Finance News

Modyo and TODO1/iuvity Sign Agreement to Power a New Breed of Digital Financial Solutions

Fintech News Desk
It gives us great pleasure to announce that TODO1/iuvity’s solutions will have the frontend digital financial experience powered by Modyo integrated with TODO1/iuvity’s Open Service Platform. With more than 20 years of digital financial experience, TODO1 is an industry leader powering important financial institutions in Latin America that have served......
Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency
Digital Asset Management News

Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency

Fintech News Desk
Manasquan Bank modernizes its digital banking offerings by expanding access for clients to buy, sell and hold cryptocurrencies Bakkt Holdings, Inc., a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, announced that Manasquan Bank, a NJ-based mutual community bank with......
In Record Time, QI Tech Announces Its First Acquisition After GIC Investment
Banking Fintech News

In Record Time, QI Tech Announces Its First Acquisition After GIC Investment

Fintech News Desk
With the purchase of Zaig, the company now offers onboarding, KYC and antifraud solutions QI Tech, a technology company with banking license and the first Direct Credit Company approved by the Central Bank of Brazil, announces its first acquisition, in record time, after the $50m investment round by Singapore’s Sovereign Wealth Fund (GIC). The......
Caye International Bank Appoints Luigi Wewege as President
Banking News

Caye International Bank Appoints Luigi Wewege as President

Fintech News Desk
Chairman Joel Nagel is confident in new President being internal candidate The Board of Directors of Caye International Bank is pleased to announce the appointment of Luigi Wewege as the bank’s new President. Wewege succeeds Peter Zipper who has retired after more than a decade of service to Caye. Wewege......
MoneyGram Continues to Digitize Global Receive Network with Paytm Payments Bank Partnership
Digital Payments Digital Wallet News

MoneyGram Continues to Digitize Global Receive Network with Paytm Payments Bank Partnership

Fintech News Desk
Through new partnership, MoneyGram customers around the globe can now send money in near real-time to Paytm Wallet users in India MoneyGram International, Inc., a global leader in the evolution of digital P2P payments, announced a milestone in the digitization of its global receive network with a new partnership with......
Citizens Survey Confirms Near Universal and Permanent Adoption of Digital Banking Tools
Banking Business News

Citizens Survey Confirms Near Universal and Permanent Adoption of Digital Banking Tools

Fintech News Desk
Nearly all customers now do some or all banking digitally while interaction with bankers is reserved for advice, complex transactions Nearly all consumers and businesses now do at least some of their banking via digital channels and plan to do so permanently, further accelerating a trend that emerged last year......
Alogent Replaces Legacy Payment Solutions and Enhances Self-Service Capabilities for Better Member Services at Cyprus Credit Union
Banking Digital Payments News

Alogent Replaces Legacy Payment Solutions and Enhances Self-Service Capabilities for Better Member Services at Cyprus Credit Union

Fintech News Desk
Alogent announced Cyprus Credit Union has replaced its legacy payment platforms with Alogent’s solutions for teller, ATM/ITM, mobile deposit, and its payment Hub and Archive for end-to-end check processing. Seamlessly integrated, new real-time fraud mitigation and duplicate detection modules address risk at the point of capture, increasing efficiencies and enabling......
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