Tag : Truist

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
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......
Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem
Finance News

Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem

Fintech News Desk
Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources to build healthy small businesses. Truist Foundation’s grant provides long-term sustainability for PeopleFund’s Black,......
Generation Z are More Conservative Investors Than You May Think Data from Financial Platforms Moomoo and Futubull Shows
Finance News

Truist debuts new Client-Centered Innovation and Technology Center in Charlotte

Fintech News Desk
Will house new emerging technologies program with founding partners AWS, Verizon and Unqork Truist Financial Corporation announced the grand opening of its Innovation and Technology Center, a space designed to reimagine the client experience for the more than 6 million interactions that take place daily at Truist. The 100,000-square-foot, state-of-the-art......
SouthState Adds Commercial, Business, Private Banking Expertise in Florida, Alabama, Georgia and South Carolina
Banking Business News

SouthState Adds Commercial, Business, Private Banking Expertise in Florida, Alabama, Georgia and South Carolina

Fintech News Desk
SouthState Bank has hired nine bankers to continue to expand its Commercial, Business and Private Banking teams across Florida, Alabama, Georgia and South Carolina. “According to most recent Census data, Florida had the largest net migration gains in the country, with steady in-migration expected to continue in years to come. We continue to see significant demand for......
Truist Names Demaio Chief Audit Officer
Business Fintech News

Truist Names Demaio Chief Audit Officer

Fintech News Desk
Industry veteran to oversee audit delivery and assurance activities as member of Truist’s Executive Leadership team Truist Financial Corporation appointed Denise M. DeMaio as chief audit officer, effective Feb. 28, 2022. DeMaio will report directly to the Truist Board of Directors’ Audit Committee and administratively to Chief Executive Officer Bill Rogers. She succeeds Dale Jeanes, who......
Truist Announces Redemption of 2.70% Senior Notes Due January 2022
Fintech News

Truist Announces Redemption of 2.70% Senior Notes Due January 2022

Fintech News Desk
Truist Financial Corporation announced it will redeem all $1,000,000,000 principal amount outstanding of its 2.70% senior notes due 2022 (CUSIP 867914BM4) on the redemption date of 2021. Latest Fintech Insights: Coinswitch Kuber Appoints Industry Veteran Ashish Chandra as General Counsel Browse The Complete News About Fintech : Coinweb Closes Its Strategic Round Sale......
Financial Data Exchange Launches FDX API 4.2 - Now the Most Comprehensive Tax Information API in the United States
Fintech News

Leading Canadian Financial Services Firms Moving to Adopt the FDX Technical Standards for Secure Financial Data Sharing

Fintech News Desk
Financial Data Exchange Launches in Canada Financial Data Exchange, LLC (FDX) has officially launched in Canada, with 31 organizations leading the country’s financial services ecosystem in joining FDX and taking part in its mission to develop a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing. Read More: Strider......
Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington
Fintech Mobile Banking News

BB&T now Truist Named No. 1 Mobile Banking App Among National U.S. Banks by J.D. Power

Fintech News Desk
Truist Financial Corporation announced that BB&T now Truist has earned the number one ranking in the J.D. Power 2020 U.S. Banking Mobile App Satisfaction Study SM among national U.S. banks. After evaluating the ten largest U.S. national banks mobile banking apps, U by BB&T now Truist’s mobile banking app rose to the top spot......
BB&T and Suntrust Complete Merger of Equals to Become Truist
Banking News

BB&T and Suntrust Complete Merger of Equals to Become Truist

Fintech News Desk
Clients to Be Served Through the BB&T and Suntrust Brands Until Conversion Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., effective Dec. 6, 2019. Truist is the sixth largest US commercial bank, serving approximately 10 million consumer households and a......
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