Banking | FinTecBuzz

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Banking PlatformJoseph Cartellone joins banking firm First National Bank

July 11, 20204 min

First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced today that it has hired Joseph Cartellone as Executive Vice President, Director of Mortgage Services. Based in Pittsburgh, he reports to Barry Robinson, Chief Consumer Banking Officer for FNB. In this role, Cartellone oversees the division that provides comprehensive mortgage banking services to customers throughout FNB’s multi-state footprint, with nearly $3 billion in annual loan production volume. He will focus on the continued expansion of the unit and on enhancing...

by PRNewswire

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Banking PlatformPing An’s Banking platform Ranks 46th on Top 1000 World Banks

July 10, 20208 min

Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or the “Group”, HKEx: 2318; SSE: 601318) is pleased to announce that its subsidiary Ping An Bank Co., Ltd. (“Ping An Bank“) is ranked 46th in The Banker’s Top 1000 World Banks, up nine places from last year. The Banker, owned by Financial Times, is the world’s premier banking and finance resource, read in over 180 countries. It is the key source of data and analysis...

by BusinessWire

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Banking PlatformCiti to be the depository banking solution for Amryt Pharma

July 9, 20203 min

Citi, acting through Citibank N.A., has been appointed by Amryt Pharma Plc (“Amryt”) – a global, commercial-stage biopharmaceutical company dedicated to commercializing and developing novel therapeutics to treat patients suffering from serious and life-threatening rare diseases – to act as depositary bank for its American Depositary Receipt (“ADR”) programme. Amryt’s American Depositary Shares (“ADS”) trade on the Nasdaq Global Select market under the symbol “AMYT”. Each ADS represents five ordinary shares of the company. Amryt’s...

by PRNewswire

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Banking PlatformFintech Grasshopper Bank Selects Alessa for AML Compliance

July 8, 20203 min

Digital bank chooses Alessa with Thomson Reuters CLEAR ID Confirm and Refinitiv World-Check for complete anti-money laundering compliance in the Microsoft Azure cloud.

by BusinessWire

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Banking PlatformSignature Bank extends banking services to greater Los Angeles

July 8, 202025 min

Expansion Extends Across both Northern and Southern California with Planned Opening of Four Private Client Banking Offices; Marks Bank’s Entry into the Los Angeles Area and Orange County

by PRNewswire

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Banking PlatformDeutsche Bank And Google form Banking Transformation Partnership

July 7, 20205 min

Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan...

by PRNewswire

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Banking PlatformAnnual Banking Awards winners revealed by World Finance

July 7, 20203 min

This year, the financial sector is facing significant upheaval as a result of the coronavirus pandemic. But even before the virus’s spread began to inflict serious damage on nations’ economies, banking institutions were set for a challenging year. Low interest rates are here to stay, the shadow banking sector continues to grow and consumers are expecting more and more of banks’ digital services. Banks’ ability to adopt new technologies and maintain strong customer relations matters...

by BusinessWire

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BankingCommerce Ventures and MRV Banks Join Grow Credit Inc.

July 7, 20204 min

Grow Credit, a financial inclusion platform, today announced that Commerce Ventures, will be joining its seed funding round alongside lead investor Mucker Capital, and Minal Hasan, founder at K2 Global Ventures, who joined as an angel investor in addition to taking an advisory position. Commerce has invested in over 60 portfolio companies, including leading FinTech and retail technology startups such as Bill.com, Forter, Grabango, InAuth, Kasisto, Marqeta, and MX. “We are excited to be partnering with Dan Rosen...

by PRNewswire

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Banking PlatformWebster Among First Banks Nationwide to Offer Financial Program for ‘Frontline Heroes’

July 7, 20204 min

Thank You Program Supports Healthcare Workers, First Responders, Their Communities

by BusinessWire

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BankingFintech M&M Bank to acquire Bank OZK’s Mobile AL office

July 2, 20203 min

Merchants & Marine Bank (“M&M Bank”) a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: “MNMB”) today announced that M&M Bank and Bank OZK (NASDAQ: OZK) have entered into a definitive agreement for M&M Bank to acquire Bank OZK’s Mobile, Alabama office located at 6161 Airport Boulevard, Mobile, AL. As a part of the transaction, M&M Bank will assume all of the deposits of the Mobile office and acquire certain loans and...

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