EverBank, N.A., announced New Fund Finance Division and Leaders
August 9, 20236 min
Bank welcomes Fund Finance industry veterans Jeff Johnston and Mike Mascia to lead business
KeyBank announced new products and services
August 7, 20239 min
Launch of enhanced relationship benefits, Key Select CheckingSM, Immediate FundsSM, and Early Pay helps move consumers forward on their unique financial journeys
SRM released a new report
August 4, 20233 min
SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, released its most recent report: “Why Every Financial Institution Needs a Fintech Blueprint.” Over 95% of banks and credit unions are dependent on one or more service providers to deliver and update banking services. The market is evolving so rapidly that even institutions possessing an existing digital strategy may be overdue for a refresh. COVID’s aftermath,...
Warren May joins TAG Financial Institutions Group
August 2, 20234 min
TAG Financial Institutions Group, LLC, a leading investment banking firm in the Financial and Business Services sectors, announced that Warren May has joined the firm as a Senior Advisor. Mr. May brings to TAG Financial over 40 years of experience in the financial services profession. His career began as a second-generation owner of a regional, full service, multiple line, independent insurance and financial services enterprise. After the sale of the firm, he entered the corporate arena....
Driving Banking Transformation: Unleashing the Potential of Treasury Services
August 2, 202313 min
Explore how innovative treasury services can revolutionize financial institutions, providing unprecedented growth opportunities.
Comerica Bank promotes Brandon Jones to SVP, External Affairs
August 1, 20236 min
Comerica Bank has promoted Brandon Jones, Vice President of External Affairs, to Senior Vice President, External Affairs, reporting to Executive Vice President of Corporate Responsibility Wendy Bridges. In his new role, Jones oversees Comerica’s Community Reinvestment Act (CRA) community engagement function, including External Affairs, Community Affairs and CRA Investments. “Brandon possesses an authentic passion for serving the community and forges meaningful relationships with community partners,” said Bridges. “His leadership and experience will allow us to continue identifying new...
Posh announced the launch of a new AI-powered Knowledge Assistant
July 29, 20236 min
Posh, the market-leading AI provider for banks and credit unions, announced the launch of its new AI-powered Knowledge Assistant as a result of direct interest from their financial institution partners and the banking community. This employee-facing product complements their suite of external-facing AI services, which include Voice 360 & Banking Teller, Voice Concierge, and Website and Online Banking Concierge. Knowledge Assistant, a leading-edge solution for knowledge management, is already making an impact among customers who have embraced its...
Evertec to acquire Sinqia
July 24, 202317 min
Advances Evertec’s growth strategy, drives geographic diversification, and offers complementary products, Significant opportunity to provide Sinqia customers with access to Evertec’s best-in-class payments solutions, Increases share repurchase authorization. Evertec to host conference call tomorrow at 8:00 AM ET, EVERTEC, Inc and Sinqia jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased...
Ascenda appoints Gautam Thapar as Chief Product Officer
July 21, 20234 min
Ascenda, the rewards infrastructure company for the world, announced the appointment of Gautam Thapar as the company’s Chief Product Officer (CPO). Gautam joins their executive team to lead their product vision as the company addresses the growing demand from financial services brands across the globe for Ascenda’s best-in-class rewards infrastructure. Thapar brings nearly two decades of technology and product leadership experience at big tech firms like Microsoft, Meta and Amazon. At Microsoft, he incubated their low...
First Bank and Malvern Bancorp, Inc. complete merger
July 18, 20233 min
Expanded Presence in Highly Desirable New York City to Philadelphia Corridor. First Bank announced that its acquisition of Malvern Bancorp, Inc was completed before the open of business on July 17, 2023. The combined stock and cash transaction was valued at approximately $129.7 million and will expand First Bank’s footprint in the highly desirable New York City to Philadelphia corridor. The consolidated assets of the combined company equal approximately $3.8 billion. “We are pleased to...