Tag : Fintech insights

Where is European Payments Initiative (EPI) Heading in 2022?
Banking Markets Mobile Banking News

Where is European Payments Initiative (EPI) Heading in 2022?

Sudipto Ghosh
European Payments Initiative Size-Down: Reasons Behind Half Member Banks’ Opt-Out and New Strategic Goals Initially backed by 31 major Eurozone banks, the EPI has abandoned its agenda of creating a pan-European payments scheme, rivaling global payments processors. Having 20 banks opt-out, the remaining institutions are expected to shift focus to......
Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022
Blockchain News

Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022

Fintech News Desk
U.S. based Waves Labs has announced their roadmap, growth strategy, and plan to expand the Waves blockchain ecosystem in 2022. Latest Fintech Insights : Flash Labs Corporation Launches White Label NFT Minting Platform to Bring Businesses to Web 3.0 “Our roadmap for 2022 is incredibly exciting and ambitious. We believe......
BitNile Holdings Issues March Bitcoin Production and Mining Operation Report
Blockchain Cryptocurrency News

BitNile Holdings Issues March Bitcoin Production and Mining Operation Report

Fintech News Desk
BitNile Holdings, Inc., a diversified holding company (“BitNile” or the “Company”) published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is currently operating......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer
Banking Lending News

Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer

Fintech News Desk
Provides $8 Million Of Financing For Working Capital, Real Estate And Equipment Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years.......
FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger
Banking News

FirstSun Capital Bancorp and Pioneer Bancshares, Inc. Complete Merger

Fintech News Desk
Colorado-based FirstSun Capital Bancorp (“FirstSun,” or the “Company”), the holding company of Sunflower Bank, N.A. (“Sunflower Bank”), announced that it has completed its previously announced merger with Texas-based Pioneer Bancshares, Inc. (“Pioneer”) effective April 1, 2022. Also effective April 1, 2022, Pioneer’s subsidiary bank, Pioneer Bank, SSB, merged into Sunflower......
The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence
Banking News

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence

Fintech News Desk
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., is pleased to announce it has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its......
Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO
Banking Investment Services News

Transaction Data Systems Appoints Investment Banking Veteran Al Farrell to CFO

Fintech News Desk
Brings to pharmacy software leader proven track record of improving overall business performance at top companies worldwide Transaction Data Systems (TDS), the leader in pharmacy software solutions, announced the appointment of Al Farrell to Chief Financial Officer. Farrell will optimize the financial performance of the company as TDS works to......
NextBank International Expands Worldwide Payments Platform with New Fintech Partnership
Featured Mortgage News

NextBank International Expands Worldwide Payments Platform with New Fintech Partnership

Sudipto Ghosh
NextBank International, the banking unit of NextPlay Technologies’ fintech division, is launching a global cross-border international digital payments platform. This international digital banking service would be offered to millions of account holders, courtesy NextBank International’s fintech partnership with TruCash Group of Companies. In an official press note, NextPlay’s fintech head......
Khalid Parekh, Founder & CEO of FAIR Bank and AMSYS, Accepted into Forbes Finance Council
Banking Fintech News

Khalid Parekh, Founder & CEO of FAIR Bank and AMSYS, Accepted Into Forbes Finance Council

Fintech News Desk
Khalid Parekh, Founder & CEO of FAIR Bank and AMSYS, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms. Latest Fintech Insights : NICE Nexidia Analytics Bolsters Digital Transformation for Leading Universal Bank Khalid Parekh was vetted and......
1