United Fintech acquires  CBA with backing from leading global banks

United Fintech, the industry-neutral digital transformation platform, has announced the full acquisition of Commercial Banking Applications (CBA), a leading banking technology provider specializing in API-driven trade finance and payments solutions. The acquisition was financed by both equity and debt from existing investors, which include four major banks: BNP Paribas, Citi, Danske Bank, and Standard Chartered. This strategic move marks United Fintech’s entry into the commercial banking segment and represents a significant acquisition. Expanding into Commercial Banking: Digitizing...

Debbie Grissom Joins Asurity Advisors™ as Senior Advisor

Asurity Advisors, LLC (“Asurity Advisors”) is pleased to announce that accomplished and industry-recognized residential mortgage banking executive Debbie Grissom has joined the organization as a Senior Advisor. Bringing with her over three decades of experience in the financial services industry, Debbie will support Asurity Advisors’ clients with mortgage compliance as well as operations strategy and execution. Grace Brasington, Asurity Advisors’ Executive Managing Director said, “We are pleased to welcome Debbie to our team of experts. Her extensive...

NB Bancorp Appoints New Board Member and Lead Independent Director

NB Bancorp (the “Company”) is pleased to announce that Kenneth C. Montgomery has been elected to the Board of Directors of both the Company and its subsidiary, Needham Bank. Mr. Montgomery most recently served as a First Vice President and Chief Operating Officer at the Federal Reserve Bank of Boston, overseeing critical initiatives, including the design, development and market launch of the FedNow Service program aimed at advancing the United States’ payment system. From October 2021 to June 2022, Mr. Montgomery served as interim...

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