Squeeze.com acquires Youtility to revolutionise Comparison Market

Squeeze, the fast-growing US tech platform helping consumers manage, evaluate, and save on their recurring insurance contracts, has acquired Youtility, a UK technology start-up who partners with banks and financial technology companies to deliver embedded home finance management services. Youtility’s market leading B2B API platform combined with Squeeze’s data analytics and B2C experience will see a next generation offering delivered to UK consumers. The newly combined business will deliver a seamless and embedded experience to...

Stearns Bank partners with FTA to Revolutionize Banking Services

FinTech Automation (FTA), renowned for its innovative solutions as an Infrastructure as-a-Service (IaaS) financial technology company and Stearns Bank N. A., a prominent community bank leader and known for its innovation and progressive approach to financial services, announces a partnership aimed to redefine the landscape of banking services. The partnership leverages FinTech Automation’s state-of-the-art technology infrastructure to empower Stearns Bank to provide seamless, efficient, and secure banking services, with a focus on enhancing bank sponsorship and correspondence banking...

Macatawa Bank Corp. & Macatawa Bank announce Leadership Transition

Macatawa Bank Corp. and Macatawa Bank announced Ronald L. Haan will retire Nov. 1 after more than 18 years of leadership and service at Macatawa. The board has appointed Jon Swets as president and CEO and Bryan Barker as chief financial officer effective at that time. Swets, who joined Macatawa Bank in 2002 to serve as senior vice president and chief financial officer, brings more than two decades of banking and leadership experience with Macatawa...

TZP Growth Equity leads Series A Round in Finzly

TZP Growth Equity, a fund within the broader TZP Group (“TZP”), a multi-strategy private equity firm, announced its investment in Finzly, Inc. (“Finzly” or the “Company”), a provider of modular banking and payments technology infrastructure for financial institutions. Founded by Booshan Rengachari in 2012 and headquartered in Charlotte, North Carolina, Finzly empowers banks, fintechs, and businesses to rapidly adapt to changing market demands. Finzly’s modern, cloud-based, and open API operating system serves as a parallel platform...

Only 15% of banks have a well-defined sustainability strategy

Ahead of next month’s COP28 summit, Omdia’s new report, ‘Market Landscape: State of Sustainability in Retail Banking‘, has found the vast majority of banks do not have a fully-functional sustainability strategy; many are still analyzing, despite sustainability being a matter of strategic concern for several decades. The increasing regulation around net zero presages a general movement from guidelines toward formal legislation around sustainability targets and standards. This presents banks with a significant task to respond accordingly within...

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