Tag : financial institution

Dow Credit Union Distributes $19.2 Million To Members As Part of Annual Giveback Program
Fintech News

Dow Credit Union Distributes $19.2 Million To Members As Part of Annual Giveback Program

PR Newswire
by PR Newswire0
Dow Credit Union has announced it is paying out $19.2 million to eligible members as part of its annual Member Giveback program for 2023. This is the 43rd consecutive year Dow Credit Union, the largest financial institution headquartered in the Great Lakes Bay region, has returned a portion of its earnings to......
Veritran Research Reveals Technology Implementation is Critical to Financial Institutions' Success
Fintech News

Veritran Research Reveals Technology Implementation is Critical to Financial Institutions’ Success

PR Newswire
by PR Newswire0
Community banks and credit unions must leverage digital tools to remain competitive and become the preferred bank for their customers Florida’s financial institutions have a particularly strong growth opportunity to capture the loyalty of the state’s rapidly growing and diverse population As the banking industry continues to undergo significant changes amid......
Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US
Investment Services News

Truist Receives $65 Million New Markets Tax Credit Allocation to Support Communities Across the US

PR Newswire
by PR Newswire0
Truist Financial Corporation announced it has received $65 million in New Markets Tax Credits (NMTC) allocation authority from the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund. This is the 12th time Truist Community Development Enterprises, a subsidiary of Truist Financial Corporation, has received a NMTC award and the second year in a......
Verifone Announces New Industry-Veteran CEO
Digital Payments News

Verifone Announces New Industry-Veteran CEO

GlobeNewswire
by GlobeNewswire0
Experienced FinTech and payments executive Himanshu Patel takes the helm as CEO to drive global growth strategies. Verifone, a leading global provider of payment solutions, announces that Himanshu Patel will join the company as CEO on November 1, succeeding Mike Kohlsdorf. Patel comes to Verifone after 10 years at First......
TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses
Investment Services News

TD Charitable Foundation Invests $5 Million in Innovate Capital Growth Fund for Minority and Women-owned Small Businesses

PR Newswire
by PR Newswire0
Investment is the first of its kind for the foundation and largest investment by a financial institution to date TD Charitable Foundation, the charitable giving arm of TD Bank, announced its first-ever Mission Related Investment (MRI) of $5 million to Innovate Capital Growth Fund (ICGF) – the first equity investment made by......
First Citizens Bank Extends Its Brand to Legacy CIT Business Verticals
Banking News

First Citizens Bank Extends Its Brand to Legacy CIT Business Verticals

PR Newswire
by PR Newswire0
First Citizens Bank announced that it is extending its brand to cover numerous commercial business verticals that previously fell under First Citizens’ CIT division. This effort represents another major step towards First Citizens fully integrating CIT since its 2022 merger. The First Citizens name and logo will be adopted by......
Leading Financial Institution Chooses SSH’s PrivX for Operational Efficiency and Cybersecurity
Finance News

Leading Financial Institution Chooses SSH’s PrivX for Operational Efficiency and Cybersecurity

GlobeNewswire
by GlobeNewswire0
A leading global financial institution has selected PrivX as its privileged access management (PAM) solution. The customer is one of the largest and most important financial institutions in the world. This is third major new significant lighthouse customer for PrivX in the USA. The initial contract value is approximately USD......
Introducing Prism Bank - Oklahoma State Bank Unveils New Brand
Banking News

Introducing Prism Bank – Oklahoma State Bank Unveils New Brand

PR Newswire
by PR Newswire0
Oklahoma State Bank, a community bank serving customers across central Oklahoma, announces an organization wide rebrand to Prism Bank Oklahoma State Bank, a trusted financial institution serving the community for over a century, is proud to announce its transformation into Prism Bank. With this exciting rebrand, Prism Bank aims to illuminate the......
Citi Launches Suite of Auto-Enabled Payment Solutions for Financial Institutions
Digital Payments News

Citi Launches Suite of Auto-Enabled Payment Solutions for Financial Institutions

Business Wire
by Business Wire0
Citi Treasury and Trade Solutions launches a set of four payment solutions for Financial Institution (FI) clients, which are designed to improve the client experience for their end users. With this, FI clients will now have access to new capabilities — each of which can now be used with low......
Finli Announces Integration with Q2's Digital Banking Platform
Banking News

Finli Announces Integration with Q2’s Digital Banking Platform

PR Newswire
by PR Newswire0
Financial Institutions can now provide Finli, a digital back office platform for small businesses, to customers through Q2’s Digital Banking Platform Finli, a digital back office platform for small businesses, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. is a leading provider......
1