Singaporean challenger bank successfully onboards vast majority of customers in less than 3 minutes
Collaboration will enable banks and fintechs to securely accelerate onboarding with embedded Know Your Customer (KYC) and Know Your Business (KYB) features
Multitude Achieves Board Diversity Milestone Ahead of Schedule
Pinnacle Bankshares Corporation, the one-bank holding company (the “Company” or “Pinnacle”) of First National Bank (“the Bank” or “First National”), would like to announce that one (1) new Director was elected and four (4) Directors were re-elected during the Company’s Annual Meeting of Shareholders conducted on May 14, 2024. Additionally, three (3) Directors, whose terms expired, retired from the Board. During the meeting shareholders also approved the Company’s 2024 Incentive Stock Plan. Ramsey W. Yeatts...
CSI teams with TruStage™ for online forms
May 24, 20244 min
CSI, a leading provider of end-to-end financial software and technology, announced it has partnered with TruStage Compliance Solutions (TruStage) to integrate dynamic forms for account opening for CSI’s hundreds of community bank customers. TruStage (formerly Compliance Systems, Inc.) has over 30 years experience in the compliance technology industry. Its warranted documents and compliance technology are used by more than 5,000 financial institutions nationwide. “Deploying an effortless retail and business account opening experience in the digital...
Dime hires Judy Wu as EVP, General Counsel
May 24, 20242 min
Dime Community Bancshares, Inc., the parent company of Dime Community Bank (the “Bank”) announced that Judy Wu has been appointed Executive Vice President, General Counsel and Corporate Secretary of the Company and the Bank. Wu most recently served in the Regulatory Compliance and Privacy function of Flagstar Bank. Previously, she was Chief Privacy and Regulatory Compliance Officer and Co-General Counsel at Signature Bank. “Judy is a well-regarded and experienced banking professional,” said Stuart H. Lubow,...
CBiGroup Completes $15M Series A Funding, Focuses on R&D
May 24, 20246 min
CBiGroup, a Fintech Group based in the U.S., has secured $15 million in Series A funding. Alpol Capital Family Office, known for its investments in new technologies, led the funding round. Founder Jiangtao Sun announced that CBiGroup will use the funds to boost research and development, investing in new technologies to enhance products and drive innovation. The company aims to explore cutting-edge technologies and leverage advanced AI to deliver high-quality, innovative cross-border payment and international...
Trinity Capital Inc. Expands Operations into Europe
May 23, 20244 min
Appoints Craig Fox to Lead New Venture
Mbanq joins BaaS Association
May 23, 20243 min
Mbanq, a leading provider of banking technology and compliance solutions, has become a full member of the Banking-as-a-Service (BaaS) Association.
Leading Digital Banking platform to leverage io.finnet’s Digital Asset Custody Solution io.vault