Webster Among First Banks Nationwide to Offer Financial Program for ‘Frontline Heroes’
July 7, 20204 min
Thank You Program Supports Healthcare Workers, First Responders, Their Communities
Fintech M&M Bank to acquire Bank OZK’s Mobile AL office
July 2, 20203 min
Merchants & Marine Bank (“M&M Bank”) a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: “MNMB”) today announced that M&M Bank and Bank OZK (NASDAQ: OZK) have entered into a definitive agreement for M&M Bank to acquire Bank OZK’s Mobile, Alabama office located at 6161 Airport Boulevard, Mobile, AL. As a part of the transaction, M&M Bank will assume all of the deposits of the Mobile office and acquire certain loans and...
Zenus Bank Becomes Visa Principal Member
July 2, 20204 min
Soon-to-launch Zenus Bank will utilize Visa's scale and global acceptance to issue debit cards for its clients.
Bank of America repeats as Best in Class in both mobile and online banking. BB&T and USAA recognized as overall Mobile Banking Leaders, while USAA and Wells Fargo rank as overall Online Banking Leaders.
Community Financial Credit Union Selects Access Softek’s Orpheus Online Banking Platform
June 20, 20204 min
In order to bring members a seamless user experience across all online and mobile banking channels, Plymouth, Mich.-based Community Financial Credit Union has added Access Softek’s Orpheus online banking platform. The $1 billion credit union selected Access Softek, Inc., an online and mobile banking software provider, and its Orpheus Online Banking solution to help provide an intuitive and innovative online banking experience to their 77,000 members located across Michigan. A seven-year Access Softek mobile banking client,...
Cloud Native Computing Foundation Welcomes SPD Bank as Gold Member
June 19, 20203 min
Chinese bank invests in cloud native technologies to advance digital transformation
Area Financial Services Selects Alogent NXT
June 18, 20205 min
Area Financial Services, Inc. (AFS), an item processing credit union service organization (CUSO) in Northeast Ohio, will migrate its member credit unions to Alogent's digital banking platform, NXT.
NYMBUS Secures $12 Million in Growth Funding
June 11, 20205 min
Accelerated Consumer Demand for Digital Access to All Financial Services Has Fueled Latest Raise
VeriTran, a leading global Low-Code platform provider, and Mambu, a global cloud banking platform, today announced their official partnership. The collaboration allows VeriTran’s front-end capabilities to integrate with Mambu’s true SaaS cloud banking platform, resulting in a streamlined solution that assists traditional banks in the US and Latin America launch their digital apps in a matter of weeks, not years. With digital transformation playing an increasingly critical role in today’s global environment, financial institutions recognize the need to leverage technology to...
CIBC Innovation Banking Provides Vbrick Systems Inc. with a US$6 Million Growth Financing
June 5, 20202 min
CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (“Vbrick”), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia, the credit facility will be used to accelerate its rapid growth trajectory with investments in new customer acquisition and product innovation. Founded in 1998, Vbrick enables organizations to engage employees and clients through video. Its industry-leading enterprise platform Rev is a complete solution...