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Blue Ridge Bank, N.A. (the “Bank”), the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), is pleased to announce its inclusion to the top 10 commercial lender list by the U.S. Department of Agriculture Rural Development. This accomplishment designates Blue Ridge Bank as one of the leading 2021 U.S. Department of Agriculture lenders by volume for its Business & Industry (B&I) guaranteed loan program. The results were announced at the National Rural Lenders Association...

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Blumberg Capital, a leading early-stage venture capital firm, today announced the results of its fourth annual survey of consumer behavior and attitudes on financial technology, known as fintech. The study, which polled 1,000+ U.S. consumers over the age of 21, revealed a significant shift in how consumers engage with and value fintech solutions. Following pandemic lockdowns, the majority of consumers (66%) now believe that fintech solutions are a necessity for personal finance, not just a...

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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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