Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, Community West...

Mbanq, the US-based, global Banking-as-a-Service (BaaS) provider, announces its growth milestones with new client platform launches, revenue growth, three new office locations, workforce expansion, and a strategic shift that has seen it strengthen its ‘as-a-service’ portfolio. Vlad Lounegov, CEO of Mbanq, says, “Mbanq’s commitment to excellence, strategic foresight, and relentless pursuit of innovation positions it as a leader in the FinTech industry. With a strong foundation based on bank-grade regulatory and compliance, its team’s decades...

PortX, the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions. This partnership highlights PortX’s commitment to delivering innovative financial integration solutions via its Integration-Platform-as-a-Service (IPaaS) and Abrigo’s continuing innovation of their Loan Origination Platform. This partnership will allow users to board back to the core using the PortX software, speeding up the lending process and...

AI Digital Worker, Isaac, automates L1 transaction monitoring alert review to reduce review complexity, improve compliance, and allow analysts to work on higher-value investigations