Mascoma Bank Selects Alkami as Digital Banking Platform Partner

Full technology overhaul sets innovative course for other community banks to follow Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced that Mascoma Bank (“Mascoma”) has selected Alkami’s digital banking platform as part of a full technology stack overhaul with core banking technology firm Thought Machine. This will not only drive future growth for Mascoma, but also serve as a model for other community banks to...

United Kingdom Core Banking Solutions Markets, 2022-2027

he “UK Core Banking Solutions Market (2022-2027) by Type, Deployment Mode, Enterprise Size, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The UK’s Core Banking Solutions Market is estimated to be USD 749.89 Mn in 2022 and is expected to reach USD 1597.56 Mn by 2027, growing at a CAGR of 16.33%. The report provides a detailed analysis of the competitors in the market. It covers the financial...

Credit Human & Lumin Digital Partner To Offer Digital Banking Services

Lumin Digital, a PSCU company, announced today that Texas-based Credit Human Federal Credit Union (Credit Human), has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support Credit Human’s more than 200,000 members when the credit union goes live on its platform in September 2022. Credit Human, headquartered in San Antonio, is one of the 100-largest credit unions in the U.S. and one of the largest in Texas in both number of...

Finxact Marketplace Welcomes Codat

Codat’s Universal API for SME Data Opens New Product Opportunities for Banks Running Finxact Core Finxact, the leading provider of the next-gen core banking platform to the US regional and super-regional banking sector, today announced that Codat has joined its Marketplace of best-in-class banking solutions.  The development brings the leading provider of API-based connectivity to small business financial software a step closer to banks running the Finxact core. Codat’s universal API leverages a single data model which...

Digital Commerce Bank Partners With My First Bicycle Foundation

Digital Commerce Bank (“DCBank” or the “Bank”) today announced that it has partnered with My First Bicycle Foundation (“My First Bike” or the “Foundation”) in a charitable corporate giving initiative over the next five years. Through the partnership, My First Bicycle Foundation will be the official charity of the Bank, with the Bank donating exclusively to the Foundation’s bicycle program in Canada. “We are excited to partner with My First Bicycle Foundation, which allows us...

BankProv Partners with Fintel Connect

Innovative digital commercial bank, BankProv, partners with industry-leading performance marketing technology provider, Fintel Connect, to power its affiliate and influencer marketing program BankProv, a future-ready commercial bank offering adaptive and technology-first banking solutions to emerging markets, has launched its affiliate program in partnership with Fintel Connect, a leading provider of AI-powered performance marketing solutions built for the financial industry. As the 10th oldest bank in the United States, BankProv has evolved from The Provident Bank as a...

Paysafe Reports Second Quarter 2021 Results

Paysafe Limited (“Paysafe” or the “Company”) (NYSE:PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2021. Second Quarter 2021 Financial Highlights (metrics compared to second quarter of 2020) Total Payment Volume of $32.3 billion, increased 41% Revenue of $384.3 million, increased 13% Net income attributable to the Company of $6.6 million, compared to net loss of $15.9 million Adjusted EBITDA of $118.8 million, increased 8% Reaffirmed 2021...

Paysafe To Acquire PagoEfectivo

The company’s latest investment accelerates the Latin American expansion of its eCash business and exploits the growing online banking opportunities in the region Paysafe (NYSE:PSFE), a leading specialized payments platform, today announces that it has signed a definitive agreement to acquire PagoEfectivo, a market-leading, Peruvian alternative payments (APM) platform. For Paysafe, this latest investment is a strategic foothold in Latin America, one of the world’s fastest-growing online markets where merchants and consumers alike are demonstrating...

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