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...

Integration improves home loan application pull-through with instant, in-app verification of borrower income and employment

iMAL latest version to accelerate digital transformation and deliver a seamless omnichannel experience

Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, announced that it will receive a strategic investment from TA Associates (“TA”) and existing investor OceanSound Partners (“OceanSound”). This transaction will enable Kinective to bolster product innovation, increase investment in sales and support resources, and deliver enhanced value to its customers. Upon completion of the transaction later this year, TA and OceanSound will become equal partners in Kinective. Terms of the...

Natixis Corporate & Investment Banking (Natixis CIB) announced the opening of a new office in Toronto, further expanding its footprint in Canada as part of the bank’s ongoing commitment to serving clients in the region through its Canadian branch. Located at 181 Bay Street in the iconic Brookfield Place complex, the new office is situated in the heart of Toronto’s financial district. The space will accommodate the growing team and reflects Natixis CIB’s continued investment to provide comprehensive support...

Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) (NASDAQ: CWBC), parent company of Community West Bank (CWB), headquartered in Goleta, California, announced the signing of an Agreement of Reorganization and Merger, dated October 10, 2023, pursuant to which the companies will combine in an all-stock merger transaction. Under the terms of the agreement, Community West...

Mbanq, the US-based, global Banking-as-a-Service (BaaS) provider, announces its growth milestones with new client platform launches, revenue growth, three new office locations, workforce expansion, and a strategic shift that has seen it strengthen its ‘as-a-service’ portfolio. Vlad Lounegov, CEO of Mbanq, says, “Mbanq’s commitment to excellence, strategic foresight, and relentless pursuit of innovation positions it as a leader in the FinTech industry. With a strong foundation based on bank-grade regulatory and compliance, its team’s decades...