Comerica Bank Focuses on Small Business & CX with Two new additions

Comerica Incorporated (NYSE: CMA) announced the addition of two key members to its Retail Bank division with the hiring of Omar Salah, Executive Vice President, Director, Small Business Banking, and Brian Haney, Senior Vice President, Director, Strategy & Transformation. Both will report to Cassandra McKinney, Executive Vice President, Executive Director, Retail Bank. “Omar and Brian bring a tremendous amount of expertise and leadership to Comerica’s Retail Bank, and their talents will help us further enhance the experience and services we...

Dock Launches Offices Across Latin America Amid Continued Growth

Leading fintech expands Latin American footprint by opening new operations in Mexico, Peru, Chile, Colombia, Argentina, Ecuador and the Dominican Republic Company sees continued growth across active accounts and employee count Dock also appoints new Chief Revenue Officer and Latin American Expansion Officer Dock, an innovator in financial technology infrastructure across Latin America, announced today the launch of new regional offices and key growth milestones. The new offices are located in Mexico City, Mexico; Lima, Peru;...

Azentio Software delivered its Shariah-compliant profit calculation

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Bank of Abyssinia (“BoA”) has successfully gone live with iMAL*IslamicFinancing and iMAL*ProfitCalculationSystem in less than four months, to support the growth of its Islamic window operations. Azentio’s Shariah-compliant profit calculation and distribution system makes profit distribution highly efficient. With the company’s AAOIFI-certified Islamic banking suite, BoA will be able to compete with both, Islamic banks and conventional banking methods of interest payouts, in rates and...

Paysafe Selects J.P. Morgan as Core Banking Provider

Leading specialised payments platform partners with the global financial services firm to power international payments settlement Leading specialised payments platform, Paysafe (NYSE: PSFE), announces the appointment of J.P. Morgan as its core banking provider. The global financial services firm’s work for Paysafe will be led from its Payments business, which combines cash management, payment solutions and merchant services for corporate clients, financial institutions and governments. The work with J.P. Morgan began with Paysafe’s Integrated and...

Visa Completes Acquisition of Tink

Visa (NYSE: V) today announced it has completed its acquisition of Tink – an open banking platform that enables financial institutions, fintechs and merchants to build financial products and services and move money. Through a single API, Tink enables its customers to move money, access aggregated financial data, and use smart financial services such as risk insights and account verification. Tink is integrated with more than 3,400 banks and financial institutions, reaching millions of bank...

Finxact Announces General Availability of Finxact on Google Cloud

Finxact, a leading provider of the next-gen core banking platform to the US regional and super-regional banking sector, today announced that its technology is now available to financial institutions to run on Google Cloud. In the five years since its inception, Finxact has become a leader in disruptive technology to an area of critical banking infrastructure that has been resistant to change for decades. While most commercial and industrial sectors have long since migrated their...

Customers Bank Hires Bernard Garrigues as Chief People Officer

Customers Bank, a digital and fintech-forward top 100 bank in the nation with nearly $20 billion in assets, announced it hired Bernard Garrigues as Chief People Officer (CPO) to strengthen the leadership team and support the institution’s continued national growth. Garrigues will lead human resources and cultural strategy by developing and executing initiatives to support the organization’s overall business plan and strategic direction, including compensation, succession planning, talent management, change management, organizational and performance management,...

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