Natixis Corporate & Investment Banking opens Toronto Office

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 & Community West Bancshares to Merge

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 celebrates Strong Growth and Expansion

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...

PortX & Abrigo to Reduce Lending Inefficiencies for FIs

PortX, the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions. This partnership highlights PortX’s commitment to delivering innovative financial integration solutions via its Integration-Platform-as-a-Service (IPaaS) and Abrigo’s continuing innovation of their Loan Origination Platform. This partnership will allow users to board back to the core using the PortX software, speeding up the lending process and...

Eltropy Secures $21 Million Investment from K1

Eltropy looks to capitalize on its record-setting 2020, with revenue and customer count growing more than 200% year-over-year Eltropy, Inc. (“Eltropy”), the leading messaging-based platform focused on driving operational efficiency for financial institutions, today announced a $21 million investment from K1 Investment Management (“K1”), a leading investment firm focused on high-growth enterprise software companies. With the investment, Eltropy plans to more than double its headcount and further invest in its all-in-one communication suite. Eltropy is the market-leading messaging platform for...

NICE Actimize and Crowe Announce Strategic Collaboration

NICE Actimize, a NICE (Nasdaq: NICE) business, and a leader in Autonomous Financial Crime Management, and Crowe LLP, a leader in public accounting, consulting and technology, today announced a global strategic collaboration in financial crime and compliance services and technology offerings to meet the growing pressures of digital transformation. As financial services organizations look to adopt more automation and bring time to value to their operations, this collaboration will serve as an experienced guide to bridge...

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