BankingSynctera Launches BaaS Industry’s First Line of Credit Product
September 23, 20225 min
Delivered via API, Synctera Line of Credit is the easiest way for companies to offer on-demand borrowing to their customers
BankingTailwind Business Ventures Becomes MX Mobile SDK Developer Partner
September 23, 20224 min
Tailwind Business Ventures, a software development firm founded in 2004, announced today that it has been certified by MX, a leader in Open Finance, as an MXmobile developer partner. Revealed at Money Experience Summit 2022, Tailwind is partnering with MX to build MXmobile instances – using the new MXmobile Software Development Kit (SDK) that enables financial institutions and fintechs to build and customize experiences on the MXmobile platform. Tailwind is one of several initial professional...
BankingComerica Bank Creates Business Banking Team
September 21, 20225 min
Comerica Bank has named Trent Sampson, Jerry Collazo and Adriana Najera to its newly-formed South Dallas Business Banking Team led by Group Manager Derric Hicks. “As the leading bank for business, it is imperative that we raise expectations in all the communities where we live and serve,” said Comerica Bank Dallas Market President Amanda Mahaney. “For many years, we have provided retail banking services and made community investments in the South Dallas community. Now, Derric and his team will focus on finding access to capital...
BankingWeLab and Astra Complete the Acquisition of Bank Jasa Jakarta
September 19, 20228 min
Plans to Transform the Bank into Indonesia’s Innovative Digital Bank WeLab and Astra now jointly control the bank, with a total share ownership of approximately 99.13% of BJJ All relevant regulatory approvals have been obtained, including from the Financial Services Authority (OJK) of Indonesia This transaction is Southeast Asia’s largest digital bank M&A transaction in 2022 WeLab, a leading pan-Asian fintech platform, today announced the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together...
Banking PlatformAxle Payments Rebrands to Denim
September 19, 20226 min
The new brand symbolizes the company's mission to build a stronger supply chain through its flexible and easy-to-use platform
BankingNymbus Celebrates Early Success of South Florida’s Locality Bank
September 15, 20223 min
South Florida’s Newest Community Bank Exceeds Aggressive First-Year Goals
BankingColony Bankcorp Announces Organizational Changes
September 14, 20225 min
Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced senior management organizational changes designed to position the Company for long-term success on its mission to build a sustainable, high-performing independent bank. M. Eddie Hoyle, Executive Vice President and Chief Banking Officer, has informed the Company that he intends to retire on December 31, 2022, following 11 years of service to Colony and 44 years...
BankingMX Names Nandita Gupta Chief Product Officer
September 12, 20224 min
Gupta brings more than 25 years of experience as a mission-driven product leader scaling payment platforms, building partnership networks, and developing open banking capabilities
BankingINB, N.A. Enters Florida Commercial Banking Market
September 12, 20226 min
INB, N.A. announces its strategic partnership and entry into the Florida commercial banking market. INB has partnered with a team of well-known, well-rounded bankers who have extensive experience in multiple business sectors across Florida. INB’s Florida Market CEO Allen Brinkman says, “Long-term relationships were instrumental in our entry into the Florida market. We have several board members located in Florida who are significant shareholders of INB.” INB CEO and President Sarah Phalen says, “Everything just fell into place. It was an organic and philosophical conversation at...
BankingAquila broadens global fintech reach through acquisition of Cibar
September 7, 20223 min
Aquila today announced the acquisition of Cibar Inc. (“Cibar”), best-in-class banking software solution for the international trade finance industry. Founded in 1969 and headquartered in Colorado Springs, USA, Cibar has been a pioneer and specialized provider of trade finance applications with modules extending across Imports/Exports, Standby Letter of Credit, Guarantees, Cash Letters, Wire Transfers and more. Through its marquee products “GTSnet” trade finance system, “ICCnet” customer portal and “CASHnet” cash letter system, Cibar provides one...