Digital banking - FinTecBuzz

Warren May joins TAG Financial Institutions Group

August 2, 20234 min

TAG Financial Institutions Group, LLC, a leading investment banking firm in the Financial and Business Services sectors, announced that Warren May has joined the firm as a Senior Advisor. Mr. May brings to TAG Financial over 40 years of experience in the financial services profession. His career began as a second-generation owner of a regional, full service, multiple line, independent insurance and financial services enterprise. After the sale of the firm, he entered the corporate arena....

by BusinessWire

Banking

Posh announced the launch of a new AI-powered Knowledge Assistant

July 29, 20236 min

Posh, the market-leading AI provider for banks and credit unions, announced the launch of its new AI-powered Knowledge Assistant as a result of direct interest from their financial institution partners and the banking community. This employee-facing product complements their suite of external-facing AI services, which include Voice 360 & Banking Teller, Voice Concierge, and Website and Online Banking Concierge. Knowledge Assistant, a leading-edge solution for knowledge management, is already making an impact among customers who have embraced its...

by BusinessWire

Banking

Evertec to acquire Sinqia

July 24, 202317 min

Advances Evertec’s growth strategy, drives geographic diversification, and offers complementary products, Significant opportunity to provide Sinqia customers with access to Evertec’s best-in-class payments solutions, Increases share repurchase authorization. Evertec to host conference call tomorrow at 8:00 AM ET, EVERTEC, Inc and Sinqia jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased...

by PRNewswire

Banking

Ascenda appoints Gautam Thapar as Chief Product Officer

July 21, 20234 min

Ascenda, the rewards infrastructure company for the world, announced the appointment of Gautam Thapar as the company’s Chief Product Officer (CPO). Gautam joins their executive team to lead their product vision as the company addresses the growing demand from financial services brands across the globe for Ascenda’s best-in-class rewards infrastructure. Thapar brings nearly two decades of technology and product leadership experience at big tech firms like Microsoft, Meta and Amazon. At Microsoft, he incubated their low...

by GlobeNewswire

Banking

First Bank and Malvern Bancorp, Inc. complete merger

July 18, 20233 min

Expanded Presence in Highly Desirable New York City to Philadelphia Corridor. First Bank announced that its acquisition of Malvern Bancorp, Inc was completed before the open of business on July 17, 2023. The combined stock and cash transaction was valued at approximately $129.7 million and will expand First Bank’s footprint in the highly desirable New York City to Philadelphia corridor. The consolidated assets of the combined company equal approximately $3.8 billion. “We are pleased to...

by FTB News Desk

Interview

FinTech Interview with David Benskin, Founder, and Chief Executive Officer of Wealth Access

July 18, 202325 min

by PRNewswire

Banking

Jason Strle joins Discover as Chief Information Officer

July 13, 20233 min

Jason Strle, a banking technology leader with more than 20 years of experience in the financial services industry, has been named Discover’s new Chief Information Officer responsible for implementing industry-leading technology across the organization and continuing to deliver reliable and more secure products for customers. He will join the company’s Executive Committee as an executive vice president on July 18. Strle joins Discover from Wells Fargo, where he served as EVP & Group CIO of...

by PRNewswire

Banking

DreamStart Labs wins “Best Digital Banking Technology”

July 12, 20232 min

DreamSave Platform Recognized for Fintech Innovations to Serve Unbanked Billions in Emerging Markets. DreamStart Labs, an award-winning provider of digital banking technology for emerging markets, is pleased to announce it has been named “Best Digital Banking Technology” at the 2023 Worldwide Finance Awards. The annual awards competition, now in its eleventh year, showcases market leading companies that have achieved breakthrough innovations in global financial services. The company’s flagship DreamSave app changes the game for unbanked...

by PRNewswire

Banking

Craig Ault joins Honour Capital as Chief Revenue Officer & EVP

July 10, 20233 min

Honour Capital Co-Founders Brian Slipka and Shea Huston announced the hiring Craig Ault as chief revenue officer and executive vice president. “We are pleased to announce that we have added Craig to our team,” said Slipka. “Initially as the chief revenue officer, Craig will be a member of our executive team and will have responsibility for all aspects of the sales and business development efforts at Honour Capital.” “Craig is a proven leader with many ideas for how...

by PRNewswire

Banking

F&M BANK: Driving Digital While Staying Personal

July 3, 202310 min

News Provided by FinTech Magazine F&M Bank’s Chief Experience Officer, Charles Driest, talks about striking the right balance between digital innovation and a personal customer approach Charles Driest is the newly-appointed Chief Experience Officer at Farmers & Merchants (F&M) Bank. A graduate of George Mason University in Virginia, and later St. John’s University in New York, he began his banking career shortly after returning to Virginia from New York in 2007. Before this, Driest’s early career saw him employed by the Grocery Manufacturers Association (MGA), and,...

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