FusionIQ Declared Winner at 2024 Banking Tech Awards USA
June 3, 20244 min
The All-in-One FusionIQ One platform was recognized as a Best-as-a-Service Solution for Wealth Management
Wayne Savings Bancshares, Inc., the holding company of Wayne Savings Community Bank (“Wayne Savings”) and Main Street Financial Services Corp., the holding company of Main Street Bank Corp. (“Main Street Bank”), jointly announced today the closing of their previously announced merger. Mark R. Witmer, the Executive Chairman of Main Street, the resulting institution, said, “This is an exciting day for us as we combine two community banks with a commitment to bring lasting value to...
Change in Aktia’s Executive Committee – new CEO Aleksi Lehtonen to start in his position, Juha Hammarén becomes Senior Advisor As previously announced, Aktia’s new CEO Aleksi Lehtonen will start in his position on 1 June 2024. At the same time, the current CEO Juha Hammarén will transfer to Senior Advisor, focusing on supporting a smooth transfer of the CEO’s responsibilities to Lehtonen. In his new role, Hammarén will continue as member of the Group’s Executive Committee. Aktia’s life...
XTM Provides Update on Status of Financial Statement
May 31, 20243 min
XTM Inc. is providing an update to its previously announced management cease trade order (the “MCTO“) granted by the Ontario Securities Commission (the “OSC”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). Pursuant to the MCTO, the Corporation’s CEO, Marilyn Schaffer, and the Corporation’s CFO, Swapan Kakuman, may not trade in securities of the Corporation until such time as the Corporation files its annual audited financial statements, annual management’s discussion and analysis and...
First Federal Savings Bank is pleased to announce the appointment of two distinguished professionals to its Board of Directors, effective May 28, 2024. This addition aligns with the bank’s commitment to strengthening its leadership team and driving future growth. Phil Rawley serves as CEO of Tri-State Orthopedics and brings a wealth of experience in Private Equity, M&A activity, long and short-term financial planning, business valuation, and international FX trading. Phil received his Bachelor’s Degree in...
Singaporean challenger bank successfully onboards vast majority of customers in less than 3 minutes
Collaboration will enable banks and fintechs to securely accelerate onboarding with embedded Know Your Customer (KYC) and Know Your Business (KYB) features
Multitude Achieves Board Diversity Milestone Ahead of Schedule
Pinnacle Bankshares Corporation, the one-bank holding company (the “Company” or “Pinnacle”) of First National Bank (“the Bank” or “First National”), would like to announce that one (1) new Director was elected and four (4) Directors were re-elected during the Company’s Annual Meeting of Shareholders conducted on May 14, 2024. Additionally, three (3) Directors, whose terms expired, retired from the Board. During the meeting shareholders also approved the Company’s 2024 Incentive Stock Plan. Ramsey W. Yeatts...
CSI teams with TruStage™ for online forms
May 24, 20244 min
CSI, a leading provider of end-to-end financial software and technology, announced it has partnered with TruStage Compliance Solutions (TruStage) to integrate dynamic forms for account opening for CSI’s hundreds of community bank customers. TruStage (formerly Compliance Systems, Inc.) has over 30 years experience in the compliance technology industry. Its warranted documents and compliance technology are used by more than 5,000 financial institutions nationwide. “Deploying an effortless retail and business account opening experience in the digital...