OakNorth launches SMB commercial cards with Marqeta platform
The new offering will also include deposit accounts and automation tools for bill payments.
News, intelligence and resources on the global fintech industry including topics such as corporate & commercial banking.
The new offering will also include deposit accounts and automation tools for bill payments.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
The bank is delivering the cards using Corserv’s account issuer programme.
Bhatia counts the likes of Stripe, PayPal and Capital One among her previous employers.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
DocFox provides account opening software built to help simplify the customer onboarding process.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
The bank has signed an eight-year agreement with the vendor for SimCorp Dimension.
The transaction brings together two of the largest card issuers in the US.
Dionne first joined the bank eight years ago and has spent the last six years as its CFO.
You now have until Friday 23 February to get your nominations in.
The Frankfurt-based commercial bank has adopted the vendor’s DOKA-NG solution.
The OCC says the fine relates to “systemic deficiencies” in the bank’s risk management and internal controls.
The value of the Venue acquisition has not been disclosed.
The holding companies currently control Bank of Southern California and California Bank of Commerce.
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The bank will utilise Oracle’s core banking, payments, trade finance, treasury and corporate lending applications.
The credit union hopes Alkami’s digital platform will help it grow its retail and business portfolio.
Nominations for the 2024 awards are now open – apply today!
The bank is anticipating run rate savings of $2 billion as a result of the cuts.
The new joint venture, Commerz Globalpay, is expected to launch in H1 2024 and will be based in Frankfurt.
JP Morgan Chase bought WePay back in 2017 in a $400 million deal in a push to compete with Stripe.
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
JP Morgan acquired a 48.5% stake in Viva Wallet in December 2022 for $800 million.
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Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Camp previously served as head of global treasury management at Wells Fargo.
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
The bank is expected to establish itself as a state-chartered, corporate bank with a B2B offering.
Cook previously served as chief innovation officer at Valley National Bank for 11 months.
Stanton previously spent the best part of two decades in senior roles at Mastercard.
Apple has reportedly proposed ending its partnership with Goldman Sachs within the next 12 to 15 months.
The US banking giant is aiming to boost its presence and service offerings in the UAE.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The SME-focused challenger landed its UK banking licence with the FCA and PRA in March.
The deal will be completed through Advent’s new payments company, AI Circle Bidco.
The bank says the platform will enable it to deliver “affordable term loans” directly to its SMB customers.