Assumption Life

Deutsche Bank | March 12, 2020

Deutsche Bank’s (DBKGn.DE) top executives sought to assure employees and investors over its ability to weather the coronavirus as shares in the German lender hit a new low on Thursday amid a wider stock market sell-off. Christian Sewing, chief executive of Germany’s largest bank, told employees in a memo seen by Reuters that Deutsche Bank’s business was in “good shape as the positive momentum of the fourth quarter has continued”. The bank has announced measures to s...

Core Banking

FINXACT | July 12, 2022

Finxact, a Fiserv Company and the provider of the leading next-gen core banking platform to the US regional and super-regional banking sector, today announced that BetaBank will power its product ecosystem using the Finxact cloud-native core. BetaBank is in formation, having submitted its banking charter application in April 2022. Concomitant with its application and fund-raising efforts, the bank is working with some industry powerhouses including Google to build from a scratch a...

Financial Management

PayPal | May 30, 2022

Financial services company Jetty, which is focused on making renting homes affordable, announced that it has secured investment from Experian Ventures and PayPal Ventures. With the funding, Jetty will be able to expand its existing suite of products and grow the company faster. We believe that working with the most respected names in financial services is the fastest and most effective way to help us achieve our vision. Beyond additional capital, t...

Core Banking, Digital Banking

PRnewswire | May 12, 2023

Financial fraud has increased substantially as the trend towards mobile banking and digitization accelerates. In 2022 alone, the Federal Trade Commission received over 1.1 million reports of identity theft and over 440,000 reports of credit card fraud. To help banks detect and mitigate fraud proactively, DCI (Data Center Inc.) – the privately-owned developer of core processing, digital banking, and Fintech processing solutions – has partnered with DataVisor – t...