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Provident Financial Services | March 12, 2020
Provident Financial Services, Inc. (NYSE: PFS), the parent company of Provident Bank, and SB One Bancorp (NASDAQ: SBBX), the parent company of SB One Bank, today announced that they have entered into a definitive merger agreement under which Provident will acquire SB One. The combined organization will have approximately $12 billion in assets and will rank as the 3rd largest bank headquartered in New Jersey. The merger brings together two high-performing companies with complementary geogra...
FINANCIAL MANAGEMENT, FINTECH
Papaya Global and GGV Capital | February 02, 2023
On February 1, 2023, Papaya Global, a SaaS fintech firm that provides global payroll and payments technology, was nominated to GGV Capital and Crunchbase's Embedded Fintech 50, a ranking of startup investors' most promising fintech startups. In order to select the 50 winners, GGV Capital brought together 57 investment firms to submit nominations and vote. The fact that the Embedded Fintech 50 has raised a total of $12 billion shows that venture capitalists are optimistic...
PAYMENTS
Huntington | June 03, 2022
Huntington Bancshares Incorporated (Nasdaq: HBAN) announced today it is creating a new enterprise payments organization to develop, coordinate and execute on its payments strategy and investment roadmap. Amit Dhingra has been named Enterprise Payments Director and will lead a team responsible for executing an end-to-end enterprise-wide payments strategy across Consumer and Business Payments, Commercial Payments and Treasury Management. Dhingra will drive growth in payments revenue...
CORE BANKING
Alkami | April 22, 2022
Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that ORNL Federal Credit Union ("ORNL FCU") is implementing the Alkami Platform to amplify its digital banking experience with leading-edge digital tools and technology designed to help their members thrive. Our mission was to find a true, single platform that is innovative, cu...
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CORE BANKING, MOBILE BANKING
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