Webster Financial Corporation Names New CFO Successor and Board Member
Webster Financial Corporation (NYSE: WBS) announced significant appointments and elections to its leadership team and board. The Board of Directors approved the appointment of William (Neal) Holland as Executive Vice President, Finance of both Webster Financial Corporation and Webster Bank,…
Earnest Named Among CNBC’s World’s Top FinTech Companies
Earnest, a prominent fintech company dedicated to enhancing affordability in higher education, has been recognized on CNBC’s prestigious list of the World’s Top FinTech Companies of 2024, in partnership with Statista, a leading statistics portal and industry ranking provider. David…
J.D. Power Launches Mobile App Certification for Banking
J.D. Power has introduced the Mobile App Platform Certification—BankingSM to recognize mobile app technology providers that deliver exceptional user experiences. This certification highlights the commitment of top technology providers to meet high consumer expectations in banking mobile apps. To qualify,…
Citi Ventures Makes Strategic Investment in Endor Labs
Endor Labs, a leader in software supply chain security, has announced a strategic investment from Citi Ventures. This investment further validates Endor Labs’ unique approach to securing the software supply chain, following a $70M oversubscribed Series A financing round less…
Guaranty Bancshares, Inc. Announces Q2 2024 Financial Results
Guaranty Bancshares, Inc. (NYSE: GNTY) (“Company”), the parent company of Guaranty Bank & Trust, N.A. (“Bank”), today announced financial results for the fiscal quarter ending June 30, 2024. The Company reported net income available to common shareholders of $7.4 million,…
Caro Investors Unveils Firm Launch and Strategic Alliance with TPG
Caro Investors Management, LLC (“Caro Investors” or “Caro”), a newly established investment management firm founded by Careina Williams, today announced its official launch and a strategic partnership with TPG, a global alternative asset management company. TPG NEXT will act as…
BNP Paribas and Ant International Promote Cross-Border Payments and Tokenized Deposits
BNP Paribas, Europe’s leading bank, and Ant International, a digital payment and financial technology leader, have entered a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe. On July 3, 2024, in Zurich, Douglas Feagin, President…
AM Best Maintains Negative Outlook for Topa Insurance and Dorchester Insurance Ratings
AM Best has continued its under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) for Topa Insurance Company and Dorchester Insurance Company, Ltd., both subsidiaries of…
Calvert Impact Launches National Program to Fund Small Businesses
Calvert Impact unveiled Access by Calvert Impact, a nationwide initiative aimed at bolstering small businesses, supported by a $140 million warehouse credit facility from Goldman Sachs’ Urban Investment Group (UIG). Access leverages the State Small Business Credit Initiative (SSBCI) alongside…
AtlasClear Holdings Introduces New Online Account Application with Pacsquare
AtlasClear Holdings, Inc. (“AtlasClear Holdings”) (NYSE American: ATCH) has announced the launch of a new online account application in collaboration with Pacsquare Technologies LLC (“Pacsquare”). This next-generation application aims to streamline the onboarding process for clients in the U.S. market.…
America First Credit Union Teams Up with Loquat Inc. for Small Business Accounts
America First Credit Union has chosen Loquat Inc. to improve the onboarding experience for small business members. This partnership aims to provide small business owners with efficient mobile solutions, simplifying operations and ensuring greater control over their finances. Karey Thomas,…
1GLOBAL and Verint Launch Enhanced Mobile Compliance Solution for Financial Institutions
1GLOBAL, a leading Mobile Virtual Network Operator (MVNO), has announced a strategic partnership with Verint to transform compliance in the financial services and trading sector. This collaboration will upgrade 1GLOBAL’s mobile compliance recording solutions for financial institutions worldwide, providing a…