Capital Community Bank

ccbankutah.com

In just a few short years, CCB has financed the construction of hundreds of homes in Utah, helped hundreds of small businesses with their financing and depositing needs, and provided low-cost deposit accounts and loans for thousands of local individuals.

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BANK CUT TO OIL LOANS COULD PUSH PRODUCERS BEYOND THE BRINK

Reuters | March 30, 2020

news image

U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

Read More

FINANCIAL MANAGEMENT

FINASTRA AND JIFITI FORM STRATEGIC ALLIANCE TO DELIVER NEXT-GENERATION WHITE-LABELED EMBEDDED FINANCE TO GLOBAL FINANCIAL INSTITUTIONS

Finastra | November 08, 2022

news image

Finastra, a global provider of financial software applications and marketplaces, and Jifiti, a leading global fintech company, today announced a collaboration to extend embedded finance capabilities to all financial institutions in the Finastra BaaS (Banking as a Service) ecosystem. Banks will be able to deliver financing offerings to consumers via merchants at point-of-sale, providing a better digital customer experience and choice for end users. Buy Now, Pay Later (BNPL) is a ke...

Read More

AMERICAN REVOLUT-ION: EUROPEAN BANKING APPS FACE CROWDED U.S. MARKET

Revolut | February 05, 2020

news image

When London-based Revolut opens its virtual doors in America this year, it will be the latest European digital bank to challenge incumbent U.S. lending giants after forays by Monzo and N26, but the challenges it faces have not diminished. While the start-ups are experiencing fast growth at home, a crowded market, complex regulatory environment and different customer needs make it hard to stand out in the United States, financial-technology executives, investors and analysts say. Revolut and its ...

Read More

INVESTMENT MANAGEMENT

MASTERCARD ADVANCES B2B PAYMENTS WITH NEW SUPPLY CHAIN FINANCE OFFERING, EMPOWERING MORE BUSINESSES TO SECURE WORKING CAPITAL THEY NEED TO GROW

Mastercard | October 21, 2021

news image

Mastercard today announced a new supply chain finance capability within Track Business Payment Service (Track BPS) – designed to increase access to working capital while lowering costs, reducing complexity and risk, and accelerating automation when businesses pay and get paid Launched in partnership with Demica, a leading global provider of supply chain finance technology, this new offering empowers Mastercard partners to provide their business customers with access to affordable wo...

Read More
news image

BANK CUT TO OIL LOANS COULD PUSH PRODUCERS BEYOND THE BRINK

Reuters | March 30, 2020

U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

Read More
news image

FINANCIAL MANAGEMENT

FINASTRA AND JIFITI FORM STRATEGIC ALLIANCE TO DELIVER NEXT-GENERATION WHITE-LABELED EMBEDDED FINANCE TO GLOBAL FINANCIAL INSTITUTIONS

Finastra | November 08, 2022

Finastra, a global provider of financial software applications and marketplaces, and Jifiti, a leading global fintech company, today announced a collaboration to extend embedded finance capabilities to all financial institutions in the Finastra BaaS (Banking as a Service) ecosystem. Banks will be able to deliver financing offerings to consumers via merchants at point-of-sale, providing a better digital customer experience and choice for end users. Buy Now, Pay Later (BNPL) is a ke...

Read More
news image

AMERICAN REVOLUT-ION: EUROPEAN BANKING APPS FACE CROWDED U.S. MARKET

Revolut | February 05, 2020

When London-based Revolut opens its virtual doors in America this year, it will be the latest European digital bank to challenge incumbent U.S. lending giants after forays by Monzo and N26, but the challenges it faces have not diminished. While the start-ups are experiencing fast growth at home, a crowded market, complex regulatory environment and different customer needs make it hard to stand out in the United States, financial-technology executives, investors and analysts say. Revolut and its ...

Read More
news image

INVESTMENT MANAGEMENT

MASTERCARD ADVANCES B2B PAYMENTS WITH NEW SUPPLY CHAIN FINANCE OFFERING, EMPOWERING MORE BUSINESSES TO SECURE WORKING CAPITAL THEY NEED TO GROW

Mastercard | October 21, 2021

Mastercard today announced a new supply chain finance capability within Track Business Payment Service (Track BPS) – designed to increase access to working capital while lowering costs, reducing complexity and risk, and accelerating automation when businesses pay and get paid Launched in partnership with Demica, a leading global provider of supply chain finance technology, this new offering empowers Mastercard partners to provide their business customers with access to affordable wo...

Read More