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Lumin Digital has announced a multi-year partnership with California’s Pacific Service Credit Union (Pacific Service CU) to support an enhanced online-banking experience for the credit union’s nearly 70,000 members and more than $1.4 billion in assets. Slated to launch in October, Lumin’s cloud-based online and mobile digital banking platform will deliver enhanced safety and security features and seamless digital integration. This will support Pacific Service CU’s ability to create customized experiences through personalized recommendations like spending insights, financial advice, savings...

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FinWise Bank, a subsidiary of FinWise Bancorp, is pleased to announce that Meg Taylor has been appointed as the Bank’s new Senior Vice President and Chief Accounting Officer. Taylor brings over 30 years of experience in the finance and accounting industries. As Senior Vice President and Chief Accounting Officer, Taylor will lead the Bank’s financial and regulatory reporting functions. She will also assist FinWise Bancorp with SEC Reporting, technical accounting research, and internal controls over...

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Thread Bank (“Thread”) announced today that it has joined a newly launched Banking-as-a-Service (BaaS) Association. The association was formed by Bankers Helping Bankers (BHB), a bankers-only social+ platform for collaboration and education. “Banking-as-a-Service and fintech partnerships are enabling Thread to broaden its reach on a scale that could not otherwise be realized,” said Chris Black, Thread CEO and President. “The BHB BaaS Association provides us a unique opportunity to collaborate with and benefit from similarly focused,...

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ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider.  via NewMediaWire — ARC Group, global leader in M&A and Capital Markets Advisory, has signed a share purchase agreement to acquire Scandinavian-owned APAC cross-border consultancy Asia Perspective. Under the agreement, ARC Group acquires 100% of Asia...

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Bit.Store, a global social cryptocurrency investment platform announced its integration with OKC (OKX Chain)- an EVM-compatible, Cosmos-based L1 chain powered by OKX- the second largest global exchange by trading volume. This latest integration with OKC supports users to experience OKC swap through Bit.Store Swap feature. Bit.Store was launched in 2020 as a way for people new to crypto to start trading Bitcoin and a small basket of other cryptocurrencies with easy access to education and a community of other traders. Social...

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FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian subsidiary, AdaKami, signed a strategic cooperation agreement with PT Bank Permata Tbk (“PermataBank”) (Indonesia Stock Exchange Code: BNLI). PermataBank is among Indonesia’s top 10 banking institutions in terms of assets and a leading digital bank with innovative products and services, serving millions of customers in 62 cities across the country. The cooperation will increase FinVolution’s financing facility by 100 billion Rupiah and...

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