Banking - FinTecBuzz

Everest Group Names Genpact a Leader in Banking Operations

December 21, 20216 min

Assessment cites Genpact’s comprehensive technology-led solutions, analytics capabilities, and deep industry expertise as key to its success in transforming clients’ banking operations Everest Group, a leading research firm, has named Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, a Leader in its Banking Operations — Services PEAK Matrix® Assessment 2022. With the pandemic’s ongoing disruption of the banking industry, many financial institutions are focusing on how to become future-ready, agile, and resilient to manage...

by PRNewswire

Banking

Bank of America Names Rita Sola Cook President of Chicago

December 20, 20217 min

Bank of America has named Rita Sola Cook as President of Bank of America Chicago. Cook succeeds Paul Lambert, who announced his retirement after 30 years with the company. As Chicago president, Cook will be responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to people and companies across Chicagoland. She will also lead the effort to deploy Bank of America’s resources to address social concerns, strengthen economic opportunity, and build strong communities, as...

by PRNewswire

Banking

ICCU Launches NYDIG Bitcoin Services Via Alkami Platform

December 16, 20215 min

Rapidly-growing credit union enhances the member experience by adding bitcoin services

by PRNewswire

Blockchain

Anchorage Digital Raises $350 Mn Led by investment firm KKR

December 15, 20216 min

New round values premier digital asset platform at over $3 billion

by PRNewswire

Banking

FinTech is Now a Necessity, Heralds the End of In-Person Banking

December 7, 20216 min

Blumberg Capital, a leading early-stage venture capital firm, today announced the results of its fourth annual survey of consumer behavior and attitudes on financial technology, known as fintech. The study, which polled 1,000+ U.S. consumers over the age of 21, revealed a significant shift in how consumers engage with and value fintech solutions. Following pandemic lockdowns, the majority of consumers (66%) now believe that fintech solutions are a necessity for personal finance, not just a...

by PRNewswire

Investments Uncategorized

BGL Announces Growth Equity Investment in Cardioline by ArchiMed

December 6, 20215 min

Brown Gibbons Lang & Company (BGL), a leading investment banking and financial advisory firm, is pleased to announce the closing of the acquisition of a majority stake in Cardioline, a European cardiology diagnostics company and the European leader in cardiology-focused telemedicine, by ArchiMed, a trans-Atlantic private equity firm specializing in healthcare. BGL’s Healthcare & Life Sciences team initiated the transaction and acted as the exclusive financial advisor to Cardioline. The specific terms of the transaction were not disclosed. Founded in 1962...

by PRNewswire

Banking

InBank and Legacy Bank Announce Agreement to Merge

December 1, 202110 min

Denver, Colorado-based InBankshares, Corp (OTCQX: INBC) (the “Company” or “INBC”) and Wiley, Colorado-based Legacy Bank (“Legacy”) announced today that they entered into a definitive merger agreement pursuant to which Legacy will merge with and into InBank, the wholly-owned subsidiary of INBC, in a stock and cash transaction. Founded in 1907 and headquartered in Wiley, Colorado, Legacy is a full-service community bank with approximately $497 million in total assets, $316 million in gross loans and $426 million in deposits as of September 30, 2021. Legacy has nine...

by PRNewswire

Payments

PayOp announces partnership with virtual banking company PayDo

November 30, 20212 min

On 18 November, the international online payment aggregator PayOp announced the start of cooperation with online banking PayDo Two fintech companies, PayOp and PayDo, have confirmed their collaboration in the field of financial services. The partnership between firms will provide a unique payment acceptance and processing platform for both businesses and individuals worldwide. The main aim of this cooperation is to improve payment instruments and increase their efficiency, therefore contributing to the development of the...

by BusinessWire

Banking

Overview of the Chinese Private Banking Sector in 2021

November 29, 20214 min

The “2021 Chinese Private Banks Report” report has been added to ResearchAndMarkets.com’s offering. The 2021 Chinese Private Banks Report provides a comprehensive overview of the 19 private banks currently approved for operation in mainland China. China launched trials for the establishment and operation of private banks in 2014, as part of broader reforms of the state-dominated banking system. A key goal of the trials has been to improve financial inclusion in China by encouraging private banks to focus on...

by PRNewswire

Payments

Digital Payment Market Analysis & Forecast Report 2021-2028

November 26, 202112 min

The “Global Digital Payment Market Size, Share & Trends Analysis Report by Solution, by Mode Of Payment (Point Of Sales, Digital Wallets, Net Banking), by Deployment, by Enterprise Size, by End-use, and Segment Forecasts, 2021-2028″ report has been added to ResearchAndMarkets.com’s offering. The global digital payment market size is expected to reach USD 236.10 billion by 2028 and is projected to register a CAGR of 19.4% from 2021 to 2028 The growth can be attributed to the growing volume of non-cash...

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