Change in Aktia’s Executive Committee – new CEO Aleksi Lehtonen to start in his position, Juha Hammarén becomes Senior Advisor As previously announced, Aktia’s new CEO Aleksi Lehtonen will start in his position on 1 June 2024. At the same time, the current CEO Juha Hammarén will transfer to Senior Advisor, focusing on supporting a smooth transfer of the CEO’s responsibilities to Lehtonen. In his new role, Hammarén will continue as member of the Group’s Executive Committee. Aktia’s life...
XTM Inc. is providing an update to its previously announced management cease trade order (the “MCTO“) granted by the Ontario Securities Commission (the “OSC”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). Pursuant to the MCTO, the Corporation’s CEO, Marilyn Schaffer, and the Corporation’s CFO, Swapan Kakuman, may not trade in securities of the Corporation until such time as the Corporation files its annual audited financial statements, annual management’s discussion and analysis and...
First Federal Savings Bank is pleased to announce the appointment of two distinguished professionals to its Board of Directors, effective May 28, 2024. This addition aligns with the bank’s commitment to strengthening its leadership team and driving future growth. Phil Rawley serves as CEO of Tri-State Orthopedics and brings a wealth of experience in Private Equity, M&A activity, long and short-term financial planning, business valuation, and international FX trading. Phil received his Bachelor’s Degree in...
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, 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 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, 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...
