Tag : financial institution

Ex-Singapore Parliamentarian's Swiss Company Launches Swiss Franc and Euro Stablecoins
Blockchain News

Ex-Singapore Parliamentarian’s Swiss Company Launches Swiss Franc and Euro Stablecoins

Fintech News Desk
by Fintech News Desk0
VQF is the largest and oldest cross-industry self-regulatory organisation in Switzerland and is officially recognised by FINMA, the country’s financial services watchdog Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG, will be issuing two stablecoins – a Euro-backed stablecoin AEUR,......
County National Bank Expanding Service Area to Kalamazoo County
Banking News

County National Bank Expanding Service Area to Kalamazoo County

PR Newswire
by PR Newswire0
County National Bank has experienced unprecedented growth in the last few years. In order to best serve both our existing and our growing client base, we continually examine the possibilities of new service locations. We are excited to announce that we will be opening a Loan Production Office in Kalamazoo County in......
HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI with $100 Million Facility
Banking News

HSBC Innovation Banking UK Backs Cross-Border B2B Payments Company MODIFI with $100 Million Facility

PR Newswire
by PR Newswire0
MODIFI, the global cross-border business payments company, has secured a $100 million debt facility with HSBC Innovation Banking UK to further growth. The partnership with HSBC Innovation Banking is a key component of MODIFI’s refinancing strategy, aimed at diversifying its funding sources with world-class capital providers. This comes on the heels of......
iQ Credit Union Announces New Treasury Management Services
Fintech News

iQ Credit Union Announces New Treasury Management Services

PR Newswire
by PR Newswire0
iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, announces the launch of its treasury management services, offering business members access to its automated clearing house (ACH) and fraud prevention tools. “iQ launching treasury management is a significant moment for our business services team,” Jeremy Wiersma, VP......
Bank Customers in Canada Seeking Financial Advice but Some Retail Banks Not Effectively Delivering, J.D. Power Finds
Banking Digital Payments News

Bank Customers in Canada Seeking Financial Advice but Some Retail Banks Not Effectively Delivering, J.D. Power Finds

Business Wire
by Business Wire0
The economic pressure caused by inflation, capital markets volatility and rising interest rates has put its mark on bank customers in Canada, with nearly two-thirds (66%) being classified as financially unhealthy,1 according to the J.D. Power 2023 Canada Retail Banking Advice Satisfaction Study,SM released today. The study also finds that, while personalized......
Coastal Community Bank Launches ZEscrow, Powered by ZSuite Tech
Banking News Technology

Coastal Community Bank Launches ZEscrow, Powered by ZSuite Tech

Business Wire
by Business Wire0
Coastal Community Bank, a financial institution in Western Washington with $3.4 billion in total assets, is proud to announce the launch of ZEscrow, a cutting-edge digital escrow subaccounting solution developed by ZSuite Tech. With the implementation of ZEscrow, Coastal Community Bank aims to revolutionize its commercial deposit services and elevate......
RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen's Trade and Supply Chain Finance Solution
Finance News

RAKBANK Set to Transform Its Business Finance Operations, Selects Newgen’s Trade and Supply Chain Finance Solution

PR Newswire
by PR Newswire0
UAE-based bank to automate its processing of transactions across trade and international business finance for delivering enhanced customer experience Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the UAE market, has selected Newgen’s Trade and Supply Chain Finance (SCF) solution......
ALCOR Investment Bank Enters Indian Market, Targeting $100Bn IB Services Opportunity
Finance Investment Services News

ALCOR Investment Bank Enters Indian Market, Targeting $100 Billion IB Services Opportunity

PR Newswire
by PR Newswire0
ALCOR Investment Bank, a leading global financial institution, is thrilled to announce a suite of comprehensive services specifically tailored to cater to the burgeoning Indian market. George Molakal, CEO of ALCOR, views India as a “$100Bn opportunity for investment banking firms specializing in global transactions” and asserts that ALCOR is ready to seize......
Lending SaaS Startup 'Cloudbankin' Secures $400K Funding
Fintech Startups Lending News

Lending SaaS Startup ‘Cloudbankin’ Secures $400K Funding

Business Wire
by Business Wire0
Cloudbankin, a complete end-to-end digital lending software company headquartered in Chennai, Tamil Nadu, announced it has successfully raised $400K in funding from Angel investors, Upekkha, SaaS accelerator and fund, and Kube VC – a global venture capital firm. Prominent Fintech angel investors including Mr. Ramanathan RV, CEO at Hyperface, Mr.......
IndiaP2P Becomes the First Indian Startup to Win Women World Banking’s Fintech Innovation Challenge
Fintech Startups News

IndiaP2P Becomes the First Indian Startup to Win Women World Banking’s Fintech Innovation Challenge

Fintech News Desk
by Fintech News Desk0
IndiaP2P is building infrastructure to serve the credit needs of 80 million women micro-entrepreneurs in the country Mumbai based fintech startup IndiaP2P announced that it has won the Grand Prize at Women World Banking’s Fintech Innovation Challenge. Women World Banking (WWB) is a global organization that provides support to financial......
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