Beacon Financial Corporation Announces Debut of Beacon Bank

Beacon Financial Corporation the successful combination of four storied financial institutions under one new brand, Beacon Bank , one of the 100 largest banks in the United States. With more than 145 branches and commercial centers across New England and New York, Beacon Bank differentiates itself by combining deep local roots with nearly 200 years of proven financial strength, expert guidance and highly personalized service. Unlike other banks that rely on distant decision makers, Beacon...

Capital Constellation Forms Strategic Partnership with Gallatin Point Capital

Capital Constellation, an investment platform managed by Wafra Inc., the completion of a strategic partnership with Gallatin Point Capital LLC (“Gallatin”), a private investment firm focused on structured investments in financial institutions, services, and related assets. Gallatin was founded in 2017 by Matthew Botein and Lee Sachs. Previously, Mr. Botein served as Chief Investment Officer for Alternatives and Co-Head of BlackRock Alternative Investors, while Mr. Sachs led multiple asset management businesses and served as Head...

Finovifi Acquires Turner Software Technologies

Finovifi, a provider of AI-driven fraud prevention, compliance technology, and core processing solutions for community financial institutions, today announced the acquisition of Turner Software Technologies, Inc., developer of the Teller21 teller automation platform. The acquisition brings more than 50 community bank clients into the Finovifi ecosystem and advances the company’s strategy to embed real-time fraud detection directly into teller operations. Turner Software founder and president Jerry Turner will join Finovifi as Senior Vice President of Engineering, partnering with Finovifi...

Matic, Cino Partner to Embed Home Insurance Into nCino

Matic, a leading digital insurtech platform, a strategic partnership with nCino, the leading provider of intelligent, best-in-class banking solutions. The partnership will bring Matic’s embedded home insurance marketplace solution into nCino’s mortgage point of sale product, allowing borrowers to shop for insurance inside the digital loan experience. This streamlined process helps borrowers find coverage faster while giving lenders a more efficient path to closing. nCino’s technology powers many of the world’s top financial institutions across...

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