Banking - FinTecBuzz

The First Security Bank Has Agreed to Acquire Conway Bank

December 23, 20254 min

Overbrook Bankshares, Inc., the holding company of The First Security Bank, and Norcon Financial Corp., the holding company of Conway Bank, have jointly announced today the signing of a definitive agreement whereby Overbrook Bankshares, Inc. will acquire Norcon Financial Corp. through the merger of Norcon Financial Corp. with and into Overbrook Bankshares, Inc., with Overbrook Bankshares, Inc. continuing as the surviving entity. Immediately following the merger, Conway Bank will be merged with and into The...

by PRNewswire

Banking

B. Riley Securities Adds Senior Leader to Investment Banking

December 19, 20254 min

B. Riley Securities, Inc., a leading middle market investment bank, today announced that Tim Monfort has joined as Senior Managing Director, based in the firm’s New York office. Mr. Monfort brings more than two decades of experience as a senior investment banker and trusted advisor with a strong track record of originating, structuring, and executing capital markets and strategic financing solutions on behalf of corporate clients across sectors. He has led a broad range of transactions throughout his...

by bunq

Banking

bunq launches smarter, more powerful upgrade to GenAI financial assistant

December 18, 20258 min

Finn resolves user support queries 25% faster than the industry average Available in 38 languages, the GenAI assistant provides smart, always-on suggestions , earning a 90% user satisfaction rating A true financial assistant for bunq users, Finn has answered millions of user queries since its launch two years ago . bunq, Europe’s second-largest neobank, has released a new upgraded version of Finn, bunq users’ GenAI assistant and AI support agent. This launch solidifies bunq’s position...

by myTU

Banking

myTU Introduces SEPA Direct Debit to Simplify Billing for European Businesses

December 18, 20254 min

From subscriptions to loan repayments, new infrastructure helps businesses collect payments directly from accounts, with better reliability and lower processing costs.

by Mahalo Banking

Banking

THE LOCAL Credit Union Extends Mahalo Banking Deal for Digital Services

December 17, 20254 min

Continued collaboration reinforces credit union’s commitment to innovation, deep core integration, and enhanced digital capabilities

by Provenir

Banking

Provenir Rolls Out AI Maturity and Data Science 101 Certification

December 17, 20254 min

New Provenir effort showcases the company’s commitment to advocacy, education and upskilling in AI, which is radically reshaping banking and financial services

by PRNewswire