WeBank’s distributed tech brand “Openhive” is unveiled in BCG report

WeBank, the world’s leading digital bank, has been featured in the Digital Lending Can Turn the Dial on Financial Access for MSMEs report, recently published by the ASEAN Business Advisory Council (ASEAN-BAC) and Boston Consulting Group (BCG). The report recognizes WeBank’s performance of delivering Openhive-based distributed digital banking services to ensure a secure, fast and exceptional digital customer experience for MSMEs (micro, small and medium-sized enterprises). The report reveals how digital banking customers have direct access to...

Abrigo and Prelim strategically partner for deposit account opening

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, has partnered with Prelim. This industry-leading Silicon Valley fintech firm provides digital onboarding solutions for consumer and business accounts. More than 55% of small businesses emphasize the importance of digital online account opening for their business and expect their financial institution to provide it, according to Datos Insights. Prelim and Abrigo’s partnership provides user-friendly digital applications and efficient workflows for financial institutions...

Amanda West honored with Inaugural Emerging Leader Award

First Horizon Corporation, (NYSE: FHN or “First Horizon”) is pleased to announce Amanda West was honored by the American Bankers Association as a recipient of its 2023 ABA Emerging Leader Awards. This award recognizes the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities. West and 11 other winners were recognized together during the recent ABA Annual Convention in Nashville, TN. “We congratulate Amanda for winning ABA’s 2023 Emerging Leader...

Tony Miller named President of Janney Montgomery Scott

Janney Montgomery Scott LLC, a leading full-service wealth management, capital markets, and asset management firm, has named Anthony (Tony) Miller as President of the firm. As President, Tony will head Janney’s Executive Leadership Team and lead a firm with 900 Financial Advisors, 200 Capital Markets professionals, and more than 2,200 total employees who work across a footprint of 135 offices in 22 states. “I’m honored to serve as Janney’s President. It’s an exciting time at...

BankProv selects Cable to enhance financial crime compliance program

Cable, provider of the leading financial crime effectiveness testing platform, announced that BankProv, a future-ready commercial bank that offers technology-driven banking solutions to its clients, has selected Cable to further enhance its financial crime compliance program with cutting-edge automated financial crime assurance and testing capabilities. As a premier Banking-as-a-Service (BaaS) provider specializing in technology-driven banking solutions to niche markets, BankProv is a trusted advisor and partner to a wide range of niche, technology-driven industries including...

Squeeze.com acquires Youtility to revolutionise Comparison Market

Squeeze, the fast-growing US tech platform helping consumers manage, evaluate, and save on their recurring insurance contracts, has acquired Youtility, a UK technology start-up who partners with banks and financial technology companies to deliver embedded home finance management services. Youtility’s market leading B2B API platform combined with Squeeze’s data analytics and B2C experience will see a next generation offering delivered to UK consumers. The newly combined business will deliver a seamless and embedded experience to...

Safra New York Corporation acquires Delta North Bankcorp

Safra New York Corporation, the holding company of Safra National Bank of New York (“The Bank”), is pleased to announce the successful completion of its acquisition of Delta North Bankcorp, including its subsidiary Delta National Bank and Trust Company. This strategic acquisition is a significant milestone for Safra National Bank and underscores the Bank’s continuous expansion in the private banking and wealth management business. The acquisition strengthens the Bank’s market position among high-net-worth clients in the United States and Latin America, where the Bank has been providing...

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