Tag : Silicon Valley Bank

Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies
Banking News

Silicon Valley Bank Rolls Out New Solutions and Research Supporting Investors and Innovation Economy Companies

PR Newswire
by PR Newswire0116
SVB’s latest solutions and a new State of the Fintech Industry Report available at Money20/20 Fully committed to supporting its clients and the innovation economy, Silicon Valley Bank, a division of First Citizens Bank, is showcasing a series of new products and services this week at the annual financial services Money20/20......
Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions
Banking News

Silicon Valley Bank Appoints Head of Global Payments and Head of Global Digital Solutions

PR Newswire
by PR Newswire0150
New leadership continues SVB’s commitment to best-in-class product solutions Silicon Valley Bank (SVB), a division of First Citizens Bank, announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB’s commitment to innovative products, client solutions and exceptional client......
Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders
Compliance management News Risk Management

Wolters Kluwer Expert Points to Potential Risks 2023 Bank Failures Pose for Non-bank Lenders

Business Wire
by Business Wire0169
Kevin Wilzbach also notes fair lending practices likely to be under increased focus After this spring’s rapid collapse of Silicon Valley Bank, Signature Bank and First Republic Bank, the banking industry is closely measuring the possible regulatory after-effects. Those impacts may include closer regulatory scrutiny for both traditional and non-bank......
Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses
Business E-commerce News

Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses

PR Newswire
by PR Newswire0146
Settle, the leading cash-flow management platform, announced a new purchasing suite designed specifically for founders of e-commerce businesses. Purpose-built to streamline the challenge of purchasing and procurement, the new Settle Purchasing suite of tools automates back-office tasks like bill pay, purchase order creation, auditing, reporting and more. “The current economic......
6sense Secures $100 Million Revolving Debt Facility with Silicon Valley Bank
Banking Finance News

6sense Secures $100 Million Revolving Debt Facility with Silicon Valley Bank

Business Wire
by Business Wire0189
Increased size and terms commensurate with company growth 6sense, the leading platform to revolutionize the way B2B organizations create, manage and convert pipeline to revenue, announced it has secured new debt financing totaling $100 million comprising a senior secured revolving credit facility from Silicon Valley Bank (SVB), a division of......
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
Compliance management News

Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse

Business Wire
by Business Wire0220
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
Fisker Confirms Banking Relationship With JPMorgan Chase NA
Banking News

Fisker Confirms Banking Relationship With JPMorgan Chase NA

Business Wire
by Business Wire0237
Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, confirms its global banking and treasury management relationship with JPMorgan Chase NA. “Amid turmoil in the banking sector, Fisker’s relationship with JPMorgan Chase provides us with strategic financial strength as we launch our first......
Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023
Lending News

Biz2Credit Small Business Lending Index Reports a Decrease in Loan Approval Rates at Banks and Credit Unions in February 2023

GlobeNewswire
by GlobeNewswire0300
Business loan approval rates rose at Institutional Investors and Alternative Lenders Small business loan approval percentages at big banks slipped again, falling from 14.4% in January to 14.2% in February 2023, according to the latest Biz2Credit Small Business Lending Index released today. This marks the ninth consecutive month in which big bank approval percentages have declined. Meanwhile,......
Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank
Banking News

Axcelis Expects Immaterial Impact from Relationship with Silicon Valley Bank

PR Newswire
by PR Newswire0271
Company has Relationships with Multiple US and Foreign Banks Axcelis Technologies, Inc., a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced that it expects the collapse of Silicon Valley Bank (SVB) into receivership by the Federal Deposit Insurance Corp. to have an immaterial impact on the......
Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets
Banking News Security

Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Business Wire
by Business Wire0400
Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it continues on its mission to be the......
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