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...

Ledyard names Charles Petersen to its Board of Directors

Ledyard Financial Group (Ticker Symbol: LFGP), the holding company for Ledyard National Bank, is pleased to announce that Charles M. Petersen has joined its Board of Directors, effective September 21, 2023. Charles is the former President, CEO and Director of Biddeford Savings Bank, a $500 million mutual bank serving York and southern Cumberland counties in Maine. During his ten-year tenure, he oversaw consistent growth in assets, and expanded and modernized the bank’s locations, branch design...

Manufacturers Bank appoints Olga Tsokova as Chief Financial Officer

Manufacturers Bank, a subsidiary of Sumitomo Mitsui Banking Corporation (SMBC) Americas Holding Inc., a member of the SMBC Group, announced the appointment of Olga Tsokova as Chief Financial Officer. A Managing Director, Ms. Tsokova will lead the buildout of a strategic finance framework for the bank that incorporates short- and long-term funding needs, investments, cash flows, profitability, and financial position to meet business objectives. She will report to Sander Pruijs, President of Manufacturers Bank, and...

FV Bank appointed New Senior Trust Officer

FV Bank, the U.S. licensed global digital bank that offers a vertically integrated suite of traditional and digital asset banking and custody services, is pleased to announce that Jennifer Yaris Rodríguez has been appointed as Senior Trust Officer, effective immediately. As Senior Trust Officer, Rodriguez will hold a leadership position within FV Bank’s custody department and play a key role as part of their expansion strategy, contributing to FV Bank’s mission of providing industry-leading banking,...

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