Tag : VersaBank

VERSABANK ANNOUNCES FIRST U.S. POINT-OF-SALE FINANCING PARTNER
Banking News Security

Versabank Announces First U.s. Point-of-sale Financing Partner

Fintech News Desk
VersaBank (“VersaBank” or the “Bank”), a leader in digital banking and cyber security solutions, announced it has entered into an agreement with its first Point-of-Sale Finance partner in the United States, a large, North American, commercial transportation financing business focused on independent owner/operators.  As it does from time-to-time in its......
VersaBank Appoints Financial Crime Prevention Expert and Advocate Veteran Garry Clement
Banking News

VersaBank Appoints Financial Crime Prevention Expert and Advocate Veteran Garry Clement

Fintech News Desk
VersaBank announced it has appointed financial crime prevention expert and advocate, Garry W. G. Clement, to the position of Chief Anti-Money Laundering Officer (“CAMLO”). Mr. Clement is an internationally recognized expert in the areas of money laundering, white-collar crime, organized crime and detection of suspicious activity, including cyber-crime. He brings to VersaBank more......
Versabank Expands Successful Closed Ecosystem Testing for Revolutionary Digital Deposit Receipts: Adds US Dollar Receipts, Algorand and Ethereum Blockchains, and Receipt Distributor to Testing
Blockchain News

Versabank Expands Successful Closed Ecosystem Testing for Revolutionary Digital Deposit Receipts: Adds US Dollar Receipts, Algorand and Ethereum Blockchains, and Receipt Distributor to Testing

Fintech News Desk
VersaBank, a leader in digital banking and cyber security solutions, announced meaningful expansion to the scope and functionality of the closed ecosystem testing of its revolutionary Digital Deposit Receipts (“DDRs”).  As an investment-grade issuer-backed digital asset, represented by actual US or Canadian-dollar deposits with VersaBank, the Bank’s DDRs are expected......
VersaBank's Washington, DC-Based Subsidiary, DRT Cyber, Enters Agreement with EzoTech, Expanding Cybersecurity Offering with AI Penetration Testing
Banking News

VersaBank’s Washington, DC-Based Subsidiary, DRT Cyber, Enters Agreement with EzoTech, Expanding Cybersecurity Offering with AI Penetration Testing

Fintech News Desk
VersaBank announced that its wholly-owned, Washington, DC-based subsidiary, DRT Cyber Inc., has entered into a reseller and development agreement with EzoTech Inc., developers of the world’s first Artificial Intelligence (AI)-powered Autonomous cybersecurity penetration testing platform. Penetration testing is the process of simulating a cyber attack against an organization’s assets and......
Versabank to Launch VCAD, World's First Bank-issued, Deposit-based Digital Currency
Banking Business Digital Fintech News

Versabank to Launch VCAD, World’s First Bank-issued, Deposit-based Digital Currency

Fintech News Desk
— VersaBank Partners with Stablecorp to Complete Development of Digital Currency Offering – Will Create Significant New Low Cost Deposit Source for VersaBank as it Experiences Record Loan Growth – VersaBank, a North American leader in business-to-business digital banking and technology solutions for cybersecurity, today announced it plans to launch a......
VersaBank’s New Instant Mortgage Lending Channel to Be Led by Real Estate Finance Veteran Jim Gardiner
Banking Fintech News

VersaBank’s New Instant Mortgage Lending Channel to Be Led by Real Estate Finance Veteran Jim Gardiner

Fintech News Desk
– VersaBank’s New High-Volume Mortgage App Enables it to Pursue the $200 Billion Canadian Home Financing Market – VersaBank (“VersaBank” or the “Bank”) (TSX:VB) today announced that it has appointed veteran real estate finance executive, Jim Gardiner, to the position of Product Champion, Instant Mortgage, to lead the Bank’s new Instant Mortgage......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech News

VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million

Fintech News Desk
VersaBank announced that it has partnered with Simply Group Financial Corp. (“Simply Group Financial”) for its Point-of-Sale Financing business. Simply Group Financial is a subsidiary of Simply Green Home Services Inc., parent corporation of the “Simply Group”, one of Canada’s fastest growing home energy solution, home improvement and consumer lending......
VersaBank Celebrates 40 Years as Canada’s “Bank of the Future”
Banking Fintech News

VersaBank Celebrates 40 Years as Canada’s “Bank of the Future”

Fintech News Desk
VersaBank is celebrating its 40th anniversary. The Bank started as Pacific Western Trust Corporation (often known as Pacific & Western Trust) in Saskatoon, SK and received its certificate of incorporation on June 11, 1979. It was granted a licence to operate on October 12, 1979. Read More: GlobalFintechSeries Interview with Patrick......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech Fintech Funding News

VersaBank Adds Three New Insolvency Professional Deposit Partners, Further Expanding Its Access to Very Low-cost Deposit Funding to Support Continued Growth

Fintech News Desk
VersaBank announced that it has added three new partners in its Insolvency Professional Deposits business, further expanding its access to very low-cost deposit funding, and further strengthening a core element of its business model to support continued growth, while providing additional risk-mitigation through increased deposit diversification. Read More: Analyticom Introduces a......
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