Banking - FinTecBuzz

Thread Bank Joins Newly Launched Banking as a Service Association

January 13, 20234 min

Thread Bank (“Thread”) announced today that it has joined a newly launched Banking-as-a-Service (BaaS) Association. The association was formed by Bankers Helping Bankers (BHB), a bankers-only social+ platform for collaboration and education. “Banking-as-a-Service and fintech partnerships are enabling Thread to broaden its reach on a scale that could not otherwise be realized,” said Chris Black, Thread CEO and President. “The BHB BaaS Association provides us a unique opportunity to collaborate with and benefit from similarly focused,...

by GlobeNewswire

Banking

ARC Group Acquires Asia Perspective

January 12, 20236 min

ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider. via NewMediaWire — ARC Group, global leader in M&A and Capital Markets Advisory, has signed a share purchase agreement to acquire Scandinavian-owned APAC cross-border consultancy Asia Perspective. Under the agreement, ARC Group acquires 100% of Asia...

by PRNewswire

Banking Platform

AdaKami Announces Strategic Cooperation with PermataBank

January 12, 20233 min

FinVolution Group (“FinVolution,” or the “Company”) (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian subsidiary, AdaKami, signed a strategic cooperation agreement with PT Bank Permata Tbk (“PermataBank”) (Indonesia Stock Exchange Code: BNLI). PermataBank is among Indonesia’s top 10 banking institutions in terms of assets and a leading digital bank with innovative products and services, serving millions of customers in 62 cities across the country. The cooperation will increase FinVolution’s financing facility by 100 billion Rupiah and...

by PRNewswire

Banking

Jim Norwood to lead Carefull’s financial institutions business

January 11, 20235 min

Norwood brings three decades of growth and leadership across wealth management, banks and credit unions.

by FTB News Desk

Interview

FinTech Interview with Oi-Yee Choo, CEO, ADDX

January 11, 202326 min

by PRNewswire

Banking

Bluevine announces new company headquarters in Jersey City

January 10, 20236 min

Bluevine, the leading provider of small business banking solutions, today announced its official new company headquarters in Jersey City. As a fintech leader, Bluevine continues to expand to meet growing demand. Moving the HQ to Jersey City adds to the innovative growth plan for the New Jersey business landscape while expanding its own office space. As part of this update, Bluevine announced its partnership with Rutgers University which includes internship opportunities for students across departments at the leading fintech, keeping future tech...

by PRNewswire

Banking

Banking Disruption Index: GFT

January 9, 20236 min

GFT's latest Banking Disruption Index indicates that banking customers are feeling increasingly apprehensive checking their finances.

by GlobeNewswire

Banking

TowneBank Names Clark as Chief Operating Officer

January 6, 20234 min

TowneBank (the “Company” or “Towne”) (Nasdaq: TOWN) is pleased to announce the promotion of R. Lee Clark to Chief Operating Officer. In this role, Clark will have responsibility for bank operations and continue to oversee human resources. He will also become a member of the corporate management team. With three decades of experience in financial services, Clark joined the TowneBank family in 2006 as a senior business analyst and went on to leadership roles in...

by PRNewswire

Banking

Fintech compnay equipifi Wins Audience Choice Award

January 6, 20234 min

equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that it was selected as the Audience Choice Award winner at this year’s FIS® Fintech Accelerator Program’s Virtual Demo Day. With over 170 banks, venture capital firms, and investors in attendance, equipifi’s pitch was selected from a cohort of ten companies in the seventh FIS Fintech Accelerator Program. According to The Financial Brand, US BNPL transaction volume will...

by BusinessWire

Banking

Fulton Bank Names Dara Bachman President of Fulton Private Bank

January 5, 20234 min

Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), announced the promotion of Dara C. Bachman to the President of Fulton Private Bank. In this position, she will be responsible for leading a team of professionals charged with developing customized wealth management and banking solutions for high-net-worth clients. Dara joined the corporation in April 2021 and most recently held the position of Director of Family Wealth, leading efforts to meet the evolving needs of...

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