Stearns Bank partners with FTA to Revolutionize Banking Services

FinTech Automation (FTA), renowned for its innovative solutions as an Infrastructure as-a-Service (IaaS) financial technology company and Stearns Bank N. A., a prominent community bank leader and known for its innovation and progressive approach to financial services, announces a partnership aimed to redefine the landscape of banking services. The partnership leverages FinTech Automation’s state-of-the-art technology infrastructure to empower Stearns Bank to provide seamless, efficient, and secure banking services, with a focus on enhancing bank sponsorship and correspondence banking...

Macatawa Bank Corp. & Macatawa Bank announce Leadership Transition

Macatawa Bank Corp. and Macatawa Bank announced Ronald L. Haan will retire Nov. 1 after more than 18 years of leadership and service at Macatawa. The board has appointed Jon Swets as president and CEO and Bryan Barker as chief financial officer effective at that time. Swets, who joined Macatawa Bank in 2002 to serve as senior vice president and chief financial officer, brings more than two decades of banking and leadership experience with Macatawa...

TZP Growth Equity leads Series A Round in Finzly

TZP Growth Equity, a fund within the broader TZP Group (“TZP”), a multi-strategy private equity firm, announced its investment in Finzly, Inc. (“Finzly” or the “Company”), a provider of modular banking and payments technology infrastructure for financial institutions. Founded by Booshan Rengachari in 2012 and headquartered in Charlotte, North Carolina, Finzly empowers banks, fintechs, and businesses to rapidly adapt to changing market demands. Finzly’s modern, cloud-based, and open API operating system serves as a parallel platform...

Galytix expands its Generative AI Data Platform

Galytix, the GenAI data technology company for financial institutions, announced the expansion of its next generation GX data platform, which is now being used by global banks to automate corporate credit lending and generate early warning signals. Founded in 2015, Galytix developed a market-leading data operating system powered by generative AI that engineers and unifies the end-to-end data flow for financial institutions. Its proprietary GX Platform discovers, ingests, curates and ontologises structured and unstructured data...

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