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Denver, Colorado-based InBankshares, Corp (OTCQX: INBC) (the “Company” or “INBC”) and Wiley, Colorado-based Legacy Bank (“Legacy”) announced today that they entered into a definitive merger agreement pursuant to which Legacy will merge with and into InBank, the wholly-owned subsidiary of INBC, in a stock and cash transaction. Founded in 1907 and headquartered in Wiley, Colorado, Legacy is a full-service community bank with approximately $497 million in total assets, $316 million in gross loans and $426 million in deposits as of September 30, 2021. Legacy has nine...

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The “2021 Chinese Private Banks Report” report has been added to ResearchAndMarkets.com’s offering. The 2021 Chinese Private Banks Report provides a comprehensive overview of the 19 private banks currently approved for operation in mainland China. China launched trials for the establishment and operation of private banks in 2014, as part of broader reforms of the state-dominated banking system. A key goal of the trials has been to improve financial inclusion in China by encouraging private banks to focus on...

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Credova, a buy now, pay later (BNPL) solution emerging in the increasingly popular outdoor recreation, farm, home and ranch markets, announced today an exclusive agreement with Cornerstone Bank. “This is the next step in our company evolution, to partner with Cornerstone Bank, a pillar in the banking community,” says Dusty Wunderlich, Credova CEO. “It’s not often you find a bank with a nearly 100-year history, be so nimble and forward thinking, but that’s exactly what we’ve discovered in...

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Payment institutions and fintech companies acknowledged a significant change in the mobile transaction segment. Giving digital organizations the edge they need to combine the mobile airtime transactions to the payment services. DNBC Financial Group introduces the launch of Mobile Top-up feature to the e-banking channel. The post-lockdown still shows a change in habits that a lot of people keep using applications of technology with business case models, especially in terms of digital platforms, online transactions, and automated...

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Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that the company won Best Banking as a Service Platform in the Tearsheet Embedded Awards 2021 at The Big Bank Theory Conference. Treasury Prime stood out because the company’s success in the market proves that banks and fintech companies are thriving together. “The Tearsheet Embedded Awards recognize the innovative companies who are using embedded banking to create lasting change in the industry, and we’re proud to be...

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Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that after a competitive evaluation, Emprise Bank has chosen Treasury Prime as its strategic partner for its new embedded banking initiative. Together, Emprise Bank and Treasury Prime will build a program to enable companies to quickly and easily embed banking services, including bank accounts, payments, and cards, into their products or offerings. The program is scheduled to go live in the first quarter of 2022...

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With this launch, Xspaced becomes the first US based flexible rent payment platform that doesn’t require landlords to register for the service. Xspaced, a fintech platform for rentals, today announces the launch of virtual bank accounts for tenants. Virtual Banking for tenants enables FlexRent which allows tenants to split their rent into smaller payments over a month independently from landlords registering on the platform. “Since launching FlexRent last year, we’ve continuously heard from tenants that...

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MXinsights and MXwellness are now available via Q2’s Partner Accelerator Program MX, the financial data platform and leader in modern connectivity, today announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, via Q2’s Partner Accelerator Program, which is part of Q2 Innovation Studio. Through the integration, MX is now offering guided financial insights with MXinsights and MXwellness within Q2’s digital banking solution, giving clients the ability...

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Through the partnership expansion, Salem Five Bank will gain new efficiencies in small business and commercial lending with Baker Hill NextGen® Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Salem Five Bank. The bank has upgraded to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio monitoring. Salem Five is a highly regarded community savings bank founded in...

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