Banking - FinTecBuzz

Credova Partners with Cornerstone Bank

November 24, 20214 min

Credova, a buy now, pay later (BNPL) solution emerging in the increasingly popular outdoor recreation, farm, home and ranch markets, announced today an exclusive agreement with Cornerstone Bank. “This is the next step in our company evolution, to partner with Cornerstone Bank, a pillar in the banking community,” says Dusty Wunderlich, Credova CEO. “It’s not often you find a bank with a nearly 100-year history, be so nimble and forward thinking, but that’s exactly what we’ve discovered in...

by PRNewswire

Payments

KeyBank Acquires Leading Payments Innovator XUP

November 23, 20214 min

Deal Enhances Key’s National Digital-first Solutions for Clients, Scales Technology Capabilities KeyBank National Association today announced that it has acquired XUP Payments, a B2B focused digital platform. XUP’s technology enables simple, intuitive, client onboarding and servicing experiences. Its team of engineers has built integrations with processors, 3rd party risk tools, customer relationship management systems, and other fintech services, allowing banks to offer a more integrated and seamless payments experience. Key was an early investor in XUP,...

by PRNewswire

Banking

Digital Banking Start-up DNBC Launches Mobile Top-up Feature

November 22, 20216 min

Payment institutions and fintech companies acknowledged a significant change in the mobile transaction segment. Giving digital organizations the edge they need to combine the mobile airtime transactions to the payment services. DNBC Financial Group introduces the launch of Mobile Top-up feature to the e-banking channel. The post-lockdown still shows a change in habits that a lot of people keep using applications of technology with business case models, especially in terms of digital platforms, online transactions, and automated...

by PRNewswire

API

Finxact Marketplace Welcomes Codat

November 18, 20215 min

Codat’s Universal API for SME Data Opens New Product Opportunities for Banks Running Finxact Core Finxact, the leading provider of the next-gen core banking platform to the US regional and super-regional banking sector, today announced that Codat has joined its Marketplace of best-in-class banking solutions. The development brings the leading provider of API-based connectivity to small business financial software a step closer to banks running the Finxact core. Codat’s universal API leverages a single data model which...

by PRNewswire

Banking

Treasury Prime Named Best Banking-as-a-Service (BaaS) Platform

November 17, 20214 min

Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that the company won Best Banking as a Service Platform in the Tearsheet Embedded Awards 2021 at The Big Bank Theory Conference. Treasury Prime stood out because the company’s success in the market proves that banks and fintech companies are thriving together. “The Tearsheet Embedded Awards recognize the innovative companies who are using embedded banking to create lasting change in the industry, and we’re proud to be...

by BusinessWire

Payments

Opportunities & Risks in the UK Cards and Payments Market to 2025

November 17, 20219 min

The “United Kingdom (UK) Cards and Payments – Opportunities and Risks to 2025″ report has been added to ResearchAndMarkets.com’s offering. The report provides detailed analysis of market trends in the UK’s cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2017-21e). The report also analyzes various payment card markets operating in the industry and provides detailed information...

by PRNewswire

Banking

Emprise Bank Selects Treasury Prime as BaaS Partner

November 16, 20215 min

Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that after a competitive evaluation, Emprise Bank has chosen Treasury Prime as its strategic partner for its new embedded banking initiative. Together, Emprise Bank and Treasury Prime will build a program to enable companies to quickly and easily embed banking services, including bank accounts, payments, and cards, into their products or offerings. The program is scheduled to go live in the first quarter of 2022...

by BusinessWire

Investments

O2 Investment Partners Announces Appointment of Mark Heneman

November 1, 20212 min

O2 Investment Partners (www.o2investment.com) is excited to announce the appointment of Mark Heneman as the firm’s newest Associate. Luke Plumpton announced the addition, “O2 is delighted to have Mark join the team. He has a tremendous background, and we believe he can have an immediate impact on our continued portfolio expansion and review of new opportunities.” Mark will be responsible for evaluating new transactions, due diligence, underwriting, and collaborating with O2’s portfolio companies. Prior to...

by PRNewswire

Banking

Bank of Botetourt posts profitable 3rd quarter financial results

October 29, 202119 min

Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the three and nine months-end September 30, 2021. The Bank produced net income amounting to $1,816,000 or $1.04 per basic share in the third quarter. This amount compares to a net income of $1,095,000 or $0.64 per share, for the same period last year, an increase of $721,000 or 65.9%. For the nine months-ended the Bank produced net income amounting to $5,378,000 or $3.10 per basic share. This amount compares to a net income of $3,305,000 or $1.92 per share for the same...

by BusinessWire

Banking Platform

M1 Finance Selects the Temenos Banking Cloud for Finance App

October 26, 20216 min

A leading US personal finance platform selects Temenos technology to power its Invest, Borrow and Spend products for its hundreds of thousands of clients

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