Banking - FinTecBuzz

ORNL Federal Credit Union Partners with Alkami

April 20, 20225 min

Move to new digital banking platform supports credit union’s strategic focus on retail and business banking Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that ORNL Federal Credit Union (“ORNL FCU”) is implementing the Alkami Platform to amplify its digital banking experience with leading-edge digital tools and technology designed to help their members thrive. “Our mission was to find a true, single platform that...

by PRNewswire

Banking

Trona Valley Federal Credit Union partners with Lumin Digital

April 20, 20225 min

Lumin Digital, a PSCU company, announced today that Trona Valley Federal Credit Union (Trona Valley) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support Trona Valley’s more than 23,000 members and more than $320 million in assets once the credit union goes live on the platform in May 2022. Trona Valley Federal Credit Union, based in Green River, Wyoming, is a 100% member-owned financial institution dedicated to providing...

by PRNewswire

Banking

Singapore Payment Firm Thunes Takes Majority Stake in AML

April 19, 20227 min

Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer safe and secure payments to customers. Per the United Nations Office on Drugs and Crime (UNODC) estimates, between 2 to 5% of the global GDP, or US$800...

by BusinessWire

Payments

CompoSecure CEO Named Winner of Manufacturing Leadership Awards

April 19, 20226 min

Jon Wilk Recognized as a Digital Transformation Leader

by BusinessWire

Banking

Profectus Capital Goes Live With Scienaptic AI’s Platform

April 18, 20224 min

Successful deployment of decisioning platform with industry-tested scorecards based on alternative data

by PRNewswire

Banking

Progress Partners Advises Eden Games on Acquisition

April 15, 20227 min

The full-service merchant bank kicks off its 20th anniversary year with key hires Eric Bell, Tom Peltier and Parag Sheth to lead the firm’s new operations in the Mid-Atlantic Region Progress Partners, a full-service merchant bank providing mergers & acquisitions, capital raise, advisory services and early-stage capital, announced it has quadrupled its average deal size in addition to bringing on new senior talent, significantly expanding its Executives-in Residence (EIR) Network and launching Mid-Atlantic market coverage. In its 20th year of leading industry-defining...

by PRNewswire

Banking

FNB Again Named One of the World’s Best Banks by Forbes

April 15, 20224 min

F.N.B. Corporation (NYSE: FNB) announced that its banking subsidiary, First National Bank, has been ranked by Forbes as one of the World’s Best Banks for a second consecutive year. FNB is one of only 75 banks in the United States, and 435 worldwide, to be included in the 2022 rankings, which are based solely on consumer feedback. “We are proud of this recognition from Forbes, especially because it speaks to the overall FNB customer experience and the trust that consumers...

by PRNewswire

Banking

Finxact Marketplace Welcomes Antuar

April 14, 20224 min

Finxact, the leading provider of the next-gen core banking platform to the US regional and super-regional banking sector, today announced that Antuar has joined its Marketplace of best-in-class banking solutions. Together the companies will enable banks running the Finxact core to provide innovative full-service branch services for their clients’ customers, allowing for a true omni-channel service offering, particularly, for incumbent banks looking to update their ecosystem with the latest technology and agile products. Antuar’s inBranch...

by PRNewswire

Banking

Flagstar Bank Hires Bertelsen to Lead Retail Banking

April 14, 20223 min

Flagstar Bank has hired Anne Mai Bertelsen as executive vice president and head of Retail Banking. In this position, she has oversight of Branch Banking, Consumer Finance, Investment & Insurance Services and National Business Banking. She comes to Flagstar with over 25 years of experience in financial services across marketing, product development and management. Most recently, she served as managing director of Global Banking and Payments at Accenture Interactive. In this role, she led the identification and...

by PRNewswire

Banking

Quontic Bank Launches First Ever Payments Ring in the United States

April 13, 20223 min

Quontic’s wearable payment device will allow customers to tap-to-pay at any merchant worldwide that accepts contactless payments. Quontic Bank announced today that it has introduced the first ever tap-to-pay mobile payment ring to the U.S. market. Quontic is an innovative, digital-first, and customer centric bank on a mission to redefine how a bank and its customers conduct business. “Welcome to your debit card, evolved. Quontic is the first bank to offer Bitcoin rewards on a checking account,...

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