EverBank is proud to announce the formation of its Asset-Backed Finance (ABF) division, following the merger of its Fund Finance and Specialty & Lender Finance businesses. This new division will be led by Jeff Johnston, EVP Head of Asset-Backed Finance, and will continue to build on the bank’s wide range of capabilities focused on alternative asset managers and the private capital industry. Structured lending solutions will be the focus of the business across a variety of...

Two credit unions implement the enhanced digital banking platform to deliver intuitive member experiences

Ranked #4357 Overall, #253 in Financial Services, and Among the Top Banks in the Nation

Strategic Leadership Appointments Bolster Kinective's Executive Team to Drive Innovation and Strengthen Market Position

The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Ricardo Pineres as the new Chief Risk Officer, effective July 2024. With over 15 years of experience in the financial services industry, Ricardo brings a wealth of knowledge and expertise in legal, compliance, and regulatory matters to USSFCU. In his distinguished career, Ricardo has successfully led compliance teams at Navy Federal Credit Union, Capital One, and State Department FCU. He has also contributed his...

Mbanq implements AI-driven credit evaluation for financial platforms to enable faster, more accurate credit decisions when lending to small and medium-sized enterprises (SMEs).

Recognized for Exemplary Digital Transformation and Enhanced Financial Access

Stori, the pioneering Mexican startup dedicated to revolutionizing consumer finance with a suite of groundbreaking products and services, announced a new round of equity and debt financing totaling US$212 million. This includes US$105 million in equity led by Notable Capital and BAI with participation from new and existing investors ACE Redpoint Ventures, GIC, General Catalyst, Goodwater, Lightspeed Ventures, and Tresalia, and US$107 million in new debt financing provided by Goldman Sachs and Davidson Kempner Capital Management LP. This investment represents...