One of the largest and oldest mutual banks in the country has partnered with Amount to build its technology infrastructure to support consumer loan growth strategy
Orion Names Ashley McDurmon President and CEO
June 21, 20244 min
Orion, a community-based financial institution, announced today that Ashley McDurmon will take the reigns as President and CEO on Jan. 1, 2025, following the retirement of Daniel Weickenand at the end of 2024. McDurmon is a senior financial services executive with more than 20 years in the industry. She has served as Orion’s Executive Vice President and Chief Financial Officer since 2019. Prior to joining Orion, McDurmon served as a Partner at HORNE LLP and led their Financial Institutions Practice...
Maveric Systems Welcomes Shaji Farooq to its Board of Directors
June 20, 20244 min
Maveric Systems, a leading global provider of technology services and solutions for Banking and Financial Services, announces the appointment of Shaji Farooq to its Board of Directors. The company is actively focusing on accelerating its next growth phase by strengthening expertise in the banking domain, building and scaling newer service lines, and augmenting technology competencies. With Shaji on board, the company aims to sharpen its focus on expanding in the US region, strengthening offerings, and driving...
Sumsub secures long-term partnership with Finastra, jointly enabling banking clients to adopt Sumsub's compliance and anti-fraud solutions
Thirty-five percent of companies spread their deposits among a greater number of banks to further diversify counterparty risk, according to the 2024 AFP Liquidity Survey.
Beyond PFM: âLeader in proactive customer engagementâ lauded for AI-powered PFE in Celent report
Credit union elevates digital banking experience, delivering member-requested functionality
Lumin Digital Announces Partnership with Pinwheel
June 17, 20245 min
Research indicates Pinwheel Prime significantly boosts conversion rates, increasing direct deposit enrollment by 32% and reducing the time for initial direct deposit by 65%. Lumin customers can now access Pinwheel Prime and other products like Pinwheel Verify and Pinwheel Earnings Stream.
TD Bank Launches âChosen First Nameâ for Inclusive Banking
June 14, 20247 min
TD Bank, Americaâs Most Convenient BankÂź, announced the launch of the Chosen First Name feature, offering customers the option to use a first name that is different from their legal or given name on their online accounts and cards. TDâs Chosen First Name feature is made available through Odyssey, TDâs innovative retail sales and servicing platform. The initiative creates an inclusive and welcoming experience, empowers customers to be their authentic selves and is one of...
Pathfinder Bancorp, Inc., announced that its banking subsidiary, Pathfinder Bank, has received the required regulatory agency approvals from both the New York State Department of Financial Services and the Federal Deposit Insurance Corporation to complete its pending acquisition of the East Syracuse, New York branch of Berkshire Bank, Pittsfield, MA located on 6611 Manlius Center Road. The purchase and assumption agreement provides for the transfer by Berkshire Bank to Pathfinder of the facility and other...