Better Business Advice has named CIT Bank Platinum Savings the top high-yield savings account for September 2024, citing its highly competitive annual percentage yield (APY) and zero maintenance fees as standout features. Top High-Yield Savings Account: CIT Bank Platinum Savings…
Provenir, a global leader in AI-powered risk decisioning software, has announced its win in the “Best Credit Risk Solution by a Vendor” category at the annual Global BankTech Awards 2024. This marks the second consecutive year that Provenir has received…
Barclays has announced the appointments of Greg Petit as Head of Infrastructure, Power, and Utilities for Canada, and Ken Davis as Head of Western Canadian Coverage. Mr. Petit will be based in Toronto and report to Ryan Voegeli, Head of…
Strengthening online security has emerged as the top priority for Singapore banking customers, with a “money lock” feature to prevent unauthorized withdrawals ranking as the most desired innovation. This security measure was preferred over other features like cardless withdrawals and…
TASI® Bank, in partnership with its parent company Bank of Guam®, will join forces to sponsor the 30th Anniversary celebration of the Pacific Islander Festival Association (PIFA), scheduled for Saturday, September 21, and Sunday, September 22, 2024, in San Diego.…
Fifth Third Bancorp has announced cash dividends for its common shares and several series of preferred shares. Common Shares: For the third quarter of 2024, Fifth Third Bancorp (Nasdaq: FITB) declared a cash dividend of $0.37 per common share. This…
Banner Bank has expanded its executive leadership team by appointing Mark Borrecco as Chief Banking Officer. In this role, Borrecco will oversee the Bank’s key business sectors, including commercial, commercial real estate, community banking, and mortgage operations. He will be…
Understanding When Bankruptcy Might Be the Right Choice Overwhelming debt can affect every aspect of life, prompting many to consider bankruptcy as a solution. “Both forms of bankruptcy have significant impacts on short- and long-term financial goals,” notes Amy Robbins,…
Dallas has unveiled a new affordable apartment complex, Oak Lawn Place, which is both LGBTQIA+-friendly and designed for residents aged 55 and older. This development was made possible by a $750,000 Affordable Housing Program (AHP) grant from the Federal Home…
İşbank, Turkey’s largest privately-owned bank, has announced a partnership with Instabase, an AI platform specializing in extracting insights from unstructured data. Facilitated by İşbank’s subsidiary, Maxitech, this collaboration aims to revolutionize the bank’s money order processing system, a task historically…
Global IT company FPT Software has announced a strategic partnership with Vilja, a leading Nordic provider of core banking services. Through this collaboration, FPT Software aims to enhance its financial services portfolio by offering innovative digital banking solutions to customers…
Citi’s latest Securities Services Evolution whitepaper reveals a sharp shift in the use of digital money as distributed ledger technology (DLT) and digital assets become more commercialized. By 2026, 65% of respondents plan to use non-CBDC options like stablecoins, tokenized…
