Banking - FinTecBuzz

Piper Sandler Strengthens Financial Services Group Adding Matt Somma

November 22, 20245 min

Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill Burgess and Scott Clark, co-heads of investment banking...

by PRNewswire

Banking

Empyrean Solutions Secures Significant Investment from Hg

November 22, 20249 min

Transaction follows a period of rapid growth and scaling, where Empyrean has emerged as a leading provider of integrated risk and performance management solutions for financial institutions. Funding will enable Empyrean to accelerate its product roadmap investments to address more ‘Office of the CFO’ software solutions, designed specifically for financial institutions, as well as expand sales and marketing to keep up with growing demand. Empyrean Solutions (“Empyrean”), a leading provider of risk and performance management...

by PRNewswire

Banking

Laurel Road Announces Hiring of Industry Veteran as CMO

November 21, 20244 min

Chris Milone Joins Laurel Road to Lead Marketing Strategy and Accelerate Growth

by PRNewswire

P2P Lending

Prosper Wins 2024 Tearsheet Award for ‘Best Consumer Lending Program’

November 21, 20243 min

Prosper Marketplace, the first peer-to-peer lending platform in the United States, has been recognized as the winner of the 2024 Tearsheet Award in the Best Consumer Lending Program category. The Tearsheet Awards celebrate companies who have achieved exceptional success in various categories, including marketing, banking, payments, data, and lending. This Best Consumer Lending Program award honors top performers in the lending sector, recognizing companies and individuals driving innovation in digital lending and expanding financial access to...

by PRNewswire

Banking

Wirex Works with Banking Circle to Revolutionize Global Financial Ops

November 19, 20245 min

Wirex, a leading Web3 money app, is thrilled to announce a groundbreaking global alliance with Banking Circle, a leading provider of next-generation banking services. This strategic collaboration is set to dramatically enhance Wirex’s financial operations across the globe, empowering millions of users with cutting-edge banking solutions. Under the cooperation, Banking Circle will provide a robust range of banking services that are crucial to Wirex’s continued global expansion and the enhancement of its financial ecosystem. These services...

by PRNewswire

Platforms

Truv Expands Integration With LOLA™ Platform With Verification of Assets

November 19, 20243 min

Truv, a leading provider of income, employment, asset and insurance verifications, is a preferred provider of Lenders One® Cooperative (“Lenders One”) and has seamlessly integrated into its cutting-edge platform for mortgage lenders known as Lenders One Loan Automation Platform™ (LOLA™). Lenders One is a national alliance of independent mortgage bankers, banks, and credit unions dedicated to helping its members maximize revenue, reduce costs, and improve decision making. As a fast follow to Truv’s income and employment verification product...

by PRNewswire

Banking

Blend Taps Alex Sion as Financial Services Vertical Leader

November 19, 20247 min

Blend, a leader in data science and AI-powered solutions, announced today the appointment of Alex Sion as the Financial Services Vertical Leader. With over two decades of experience leading digital transformation across financial services giants like JP Morgan Chase, Citi, and fintech private equity investor Motive Partners, Alex will spearhead Blend’s mission to deliver end-to-end AI-driven solutions for the financial services industry. “Alex’s deep expertise and visionary approach to financial services innovation will be instrumental in driving meaningful...

by BusinessWire

Banking

Zafin Introduces IO Canvas

November 18, 20246 min

Providing a low-code environment, IO Canvas helps banks accelerate progressive core modernization and uninterrupted business transformation while mitigating financial risks associated with traditional solutions.

by BusinessWire

Risk Management

MVB Names Joe Rodriguez as Chief Risk Officer

November 15, 20246 min

MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management. “We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to...

by PRNewswire

Banking

Coldstream Appoints Rush Benton, CFA®, to Board of Directors

November 15, 20246 min

Gorman Jones CEO and former CAPTRUST executive brings extensive wealth management M&A experience to growing Pacific Northwest firm

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