Dime hires Judy Wu as EVP, General Counsel

Dime Community Bancshares, Inc., the parent company of Dime Community Bank (the “Bank”) announced that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank. Wu most recently served in the Regulatory Compliance and Privacy function of Flagstar Bank. Previously, she was Chief Privacy and Regulatory Compliance Officer and Co-General Counsel at Signature Bank. “Judy is a well-regarded and experienced banking professional,” said Stuart H. Lubow,...

CBiGroup Completes $15M Series A Funding, Focuses on R&D

CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round. Founder Jiangtao Sun announced that CBiGroup will use the funds to boost research and development, investing in new technologies to enhance products and drive innovation. The company aims to explore cutting-edge technologies and leverage advanced AI to deliver high-quality, innovative cross-border payment and international...

Alchemy Pay to Launch Web3 Digital Banking Solution for Enterprises

Alchemy Pay, the leading fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account, and facilitate seamless conversions between fiat and cryptocurrency. This fresh initiative, inspired by Ripple’s model for cross-border payments, addresses key challenges while introducing innovative solutions. Web3 companies have long faced urgent needs and significant...

John J. Fawcett Appointed to Bread Financial™’s Board of Directors

Bread Financial Holdings, Inc. announced that John J. Fawcett, a seasoned financial services executive, has joined the Company’s board as an independent director. Mr. Fawcett was elected at the Company’s Annual Meeting of Stockholders, held Tuesday, May 14, along with nominees Ralph J. Andretta, Roger H. Ballou, John C. Gerspach, Jr., Rajesh Natarajan, Joyce St. Clair, Timothy J. Theriault, Laurie A. Tucker and Sharen J. Turney, each of whom served as Bread Financial directors during...

Avidbank & CorServ Launch Beneficial Credit Card Program for Businesses

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers. Avidbank, headquartered in San Jose, California is known for its highly responsive and customer-centric approach and specializes in providing custom financial solutions in commercial & industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, fund finance as well as construction and commercial real...

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