With projected exponential growth in the US digital payment landscape, the enablement highlights Ibanera's fintech prowess. Ibanera, as an innovative player within FedNow, offers a secure payments infrastructure ensuring fast and efficient transactions for fintechs and businesses.
AMTD Group Inc. together with AMTD IDEA Group (“AMTD IDEA”) and AMTD Digital Inc. (“AMTD Digital”), altogether known as (“AMTD”), jointly welcome that Airstar Bank, a Hong Kong virtual bank jointly co-established by AMTD and Xiaomi Corporation, has successfully introduced Futu Holdings Limited (“Futu”) as a new shareholder through its investment into Gravitation Fintech HK Limited, the parent company of Airstar Bank. Airstar Bank, steadfast in its commitment to leveraging financial technology, is devoted to...
Acquisition adds premier fundraising, secondary solutions and direct investment capital capabilities to the firm’s market-leading private equity M&A and capital markets franchises
On Wednesday, June 5th, CCF Group successfully closed its first Additional Tier 1 (AT1) issuance following the acquisition of HSBC’s retail banking activities in France. The Group issued €225 million of AT1 further enhancing its very strong capital position. As a result, the Group’s proforma Total Capital Ratio now exceeds 20%. Concurrently, the Group launched a tender offer for the existing €100 million of AT1 instruments issued in 2019. Prior to announcing this operation on...
Security and reliability emerge as top priorities, with more than half of consumers saying they would leave their bank if they were involved in an AI-related scam
Managed accounts are helping employees of all ages with optimal benefit and uptake closer to retirement age The percentage of managed account members sharing personal data and goals has doubled in the last decade, enabling a more personalized experience to better meets their needs
Following successful completion of Beta testing Dukascopy Bank SA proudly announces the inclusion of MetaTrader 5 (MT5) to our suite of trading platforms, including the outstanding JForex 4 and the popular MT4 platform. This addition marks a significant enhancement in our offerings, providing our clients with access to one of the most advanced trading platforms in the world. MT5 represents a leap forward in trading technology, offering more analytical tools, technical indicators, and the flexibility to...
MidWestOne Financial Group, Inc., parent company of MidWestOne Bank, a pre-eminent relationship-driven community bank, is pleased to announce the hiring of three new executive leaders: Paul Ho-Sing-Loy, Executive Vice President and Chief Information Officer; Steve Heimermann, Executive Vice President and Head of Wealth Management; and Elda Macias, Senior Vice President and Chief Marketing Officer. MidWestOne Financial Group has introduced a new strategic plan emphasizing expertise, customer experience and deep relationships, and these hires will propel progress...
National Bankshares, Inc., the holding company for The National Bank of Blacksburg (“National Bank”), completed its acquisition of Frontier Community Bank (“Frontier”) effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices, and has approximately $1.8 billion in total assets. Under the previously announced terms of the merger, each share of Frontier common stock was converted into $14.48 in cash...
First Guaranty Bancshares, Inc. announced Michael Mineer has been appointed as First Guaranty Bancshares, Inc. and First Guaranty Bank’s President and CEO. He will succeed Alton Lewis, who announced his retirement at the end of May. Mineer has been a part of the First Guaranty family as the Mideast Area President since 2021 and brings over 35 years of banking experience to his new role. Most recently, Mineer served as President and CEO of Citizens...
