bank - FinTecBuzz

Dragonfly Fintech named finalist for G20 TechSprint CBDC Challenge

June 21, 20223 min

Dragonfly has won a place in the final round of the third G20 TechSprint global challenge. This year’s challenge focuses on central bank digital currency (CBDC) following Saudi’s 2020 RegTech and SupTech, and Italy’s 2021 Green Finance. This year’s competition is held as part of Indonesia’s G20 presidency which will culminate in the G20 Heads of State and Government Summit to be held in Bali in November 2022. The G20 TechSprint global competition which is jointly organized by Bank Indonesia and...

by PRNewswire

Banking

Buckeye State Bank to Acquire First City Bank

June 14, 20226 min

Buckeye to expand into the Grandview and Upper Arlington Markets

by PRNewswire

Investments

BGC Partners Appoints Jason W. Hauf as Chief Financial Officer

June 7, 20224 min

BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners”, “BGC”, or the “Company”), a leading global brokerage and financial technology company, today announced the appointment of Jason W. Hauf as Chief Financial Officer (“CFO”), effective June 6, 2022. Mr. Hauf will replace Steven Bisgay, who will remain in his executive role as Chief Financial Officer and Executive Managing Director of Cantor Fitzgerald, L.P. (“Cantor”). Mr. Hauf will report directly to Howard W. Lutnick, BGC’s Chairman and Chief Executive Officer. Mr. Lutnick commented on...

by PRNewswire

API

Cashfree Payments partners with NPCI

June 6, 20226 min

With this partnership, Cashfree Payments becomes a certified and compliant payment tokenization service provider across all key card networks Cashfree Payments, a leading payments and API banking solutions company, today announced that it has partnered with National Payments Corporation of India (NPCI) to provide tokenization solutions on RuPay cards for its merchants. Cashfree Payments’ tokenization solution ‘Token Vault’ helps merchants to provide their customers the option to save cards on the merchant website or app and process...

by PRNewswire

Banking

Bank of Clarke County appoints Zmitrovich on multiple positions

June 2, 20225 min

Bank of Clarke County, a wholly-owned subsidiary of Eagle Financial Services, Inc., whose divisions include Eagle Investment Group, announced that Joseph (Joe) T. Zmitrovich has been appointed President and Chief Banking Officer for the Bank. In this new position, Joe will head up merger and acquisition strategy to ensure full engagement in acquisition plans related to individual branch expansion, niche business acquisition, and whole bank purchases, while continuing his oversight of commercial lending, retail banking, cash management, loan...

by BusinessWire

Banking

Synapse Launches Global Cash

May 25, 20227 min

Global Cash enables residents in over 35 countries to invest, hold, and spend U.S. dollars, accept payments from U.S. companies, and receive a U.S. bank-issued debit card

by PRNewswire

Payments

Paysend U.S. Customer Base Grows 66% Year Over Year

May 25, 20228 min

Demand for cross-border money transfers drives growth to over 500,000 customers

by PRNewswire

Banking

Cambridge Bancorp and Northmark Bank Sign Definitive Agreement

May 24, 202210 min

Cambridge Bancorp to expand in attractive markets

by PRNewswire

Investments

M&T Bank Expands Community Investment with $25 Mn ‘Amplify Fund’

May 19, 20225 min

First significant philanthropic effort by M&T Bank across the former People's United footprint

by PRNewswire

Banking

Agility Bank Opens as First Minority Depository Institution in U.S.

May 19, 20228 min

Agility Bank, N.A. announced that it has received all regulatory approvals to open as the first bank in the U.S. primarily owned and led by women under a special charter by the Office of the Comptroller of the Currency. Through this Minority Depository Institution (MDI) charter, Agility’s focus will be on serving women and all small and mid-size businesses. “This is a historic event for banking, our country, and Houston,” said Lauren Sparks, founder. president and CEO...

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