Tag : financial institution

Cash Back Payout of $38+ Million Benefits DFCU Members, Local Communities
Finance News

Cash Back Payout of $38+ Million Benefits DFCU Members, Local Communities

Fintech News Desk
by Fintech News Desk0
DFCU Financial infuses dollars into local communities with its unprecedented Cash Back payout. Eligible members will receive $38.2 million this year for a total of more than $430 million paid back through the program since its inception. The 2023 payment—the credit union’s own local stimulus package—is the largest in the......
DFCU Financial Completes First Citrus Bank Acquisition
Banking Finance News

DFCU Financial Completes First Citrus Bank Acquisition

Fintech News Desk
by Fintech News Desk0
DFCU Financial and First Citrus Bank have closed on their previously announced business combination and are now branded as DFCU Financial. This transaction creates a stronger and more comprehensive financial institution for its members. “We are enthusiastic about this partnership and are committed to providing the exceptional level of service and......
Evans Expected to Increase Momentum With Expanded Credit Facility from PNC Bank
Finance Fintech News

Evans Expected to Increase Momentum With Expanded Credit Facility from PNC Bank

Fintech News Desk
by Fintech News Desk0
Additional Resources Arrive as Company Expects an Additional 10% Growth in 2023 Evans Transportation Services Inc. announced it has closed a new credit facility with PNC Bank, N.A. The new larger credit facility will serve as a vehicle for supporting the company’s current growth trajectory, which includes a revenue increase from......
Wedge and Fiserv Enable Financial Institution Access to Innovative Programmable Payments Capabilities
Fintech News

Wedge and Fiserv Enable Financial Institution Access to Innovative Programmable Payments Capabilities

Fintech News Desk
by Fintech News Desk0
Financial institutions of all sizes can offer consumers a debit card that optimizes cash flow Wedge, the fintech company on a mission to make consumer’s dollars go farther by bringing the power of the markets and programmable payments to everyday spending, is bringing its capabilities to AppMarket from Fiserv, a......
FinchGuard: How Can Blockchain Companies Become AML Compliant?
Blockchain News

FinchGuard: How Can Blockchain Companies Become AML Compliant?

Fintech News Desk
by Fintech News Desk0
Decentralized nature of digital assets requires increased compliance, thus, policymakers have developed and implemented regulations to prevent cryptocurrencies from being used for illicit financing activities. Our story is straightforward – as a Swiss financial intermediary, FinchTrade AG hasn’t managed to find a solution to comply with the AML & KYC......
US Payments Forum Fall Market Snapshot: Next Steps for Contactless, Fraud in Focus, Alternative Payment Boom
Digital Payments News

US Payments Forum Fall Market Snapshot: Next Steps for Contactless, Fraud in Focus, Alternative Payment Boom

Fintech News Desk
by Fintech News Desk0
The U.S. Payments Forum released its latest Market Snapshot. It provides an overview of the state of the industry including successes in tap-to-pay and tap-to-phone transactions, up-and-coming payment verticals and growing concerns in the card-not-present (CNP) fraud space. The snapshot also provides an update on global chip supply challenges from a payments......
Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services
Finance News

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Fintech News Desk
by Fintech News Desk0
Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with CFS CUSO Financial Services, L.P. (CFS), a subsidiary of Atria Wealth Solutions, and Wescom Credit Union (Wescom) announced that Wescom Financial Services (WFS) will transition its broker-dealer services to CFS under a dual program......
FBE and Eastern Bank Announce the Merger of FBE with Mill Cities Community Investments
Banking Finance News

FBE and Eastern Bank Announce the Merger of FBE with Mill Cities Community Investments

Fintech News Desk
by Fintech News Desk0
The Foundation for Business Equity completes planned spin-off from Eastern Bank, and joins forces with Mill Cities Community Investments for its next phase of impact Eastern Bank and the Foundation for Business Equity (FBE), an award-winning Boston-based nonprofit organization working to scale small businesses of color, are pleased to announce the merger of FBE with Mill Cities......
RBC Wealth Management's U.S. Business Increases Efficiency, Delivers on Client Expectations with Salesforce
Finance News

RBC Wealth Management’s U.S. Business Increases Efficiency, Delivers on Client Expectations with Salesforce

Fintech News Desk
by Fintech News Desk0
Using Salesforce, RBC Wealth Management is driving success and reducing maintenance costs Salesforce, the global leader in CRM, announced that RBC Wealth Management, a division of RBC Capital Markets, LLC, is using Salesforce to drive success with significant cost savings and efficiency across multiple areas of its business, while continuing......
Regions Bank Announces ATM Agreement with Community Development Financial Institutions
Banking Finance News

Regions Bank Announces ATM Agreement with Community Development Financial Institutions

Fintech News Desk
by Fintech News Desk0
Customers of seven CDFIs in Regions’ footprint will gain access to the bank’s ATM network free of charge Regions Bank on Thursday announced a collaborative agreement with seven Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to enable people who bank with those organizations to use Regions’ ATM network......
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