Eleven Financial Research

Mobile Banking

Customers Bank | February 17, 2023

On February 16, 2023, a digital and fintech-forward super-community bank, and the bank subsidiary of Customers Bancorp, Inc. Customer Bank, announced the launch of a new Loan Syndications Banking Team. The launch further expands the bank’s leading services for lead deals and marker businesses to help existing and future national lines of business of the banks. The primary focus of the Loan Syndications Banking Team would be on clients in the commercial real estate, fund fi...

Financial Management, Investment Management

NMI | February 23, 2023

On February 22, 2023, NMI, a premier comprehensive commerce enablement technology business, announced that it had a milestone year in 2022 and expects to grow in 2023. Through the acquisitions of IRIS CRM and Agreement Express, NMI has expanded its commerce enablement offering to improve merchant underwriting, onboarding, management, and risk monitoring, strengthening its goal to allow payments from sign-up to pay-out for channel partners and merchants. Vijay Sondhi, ...

Financial Management, Fintech

Nexus FrontierTech | March 14, 2023

Nexus FrontierTech, a leading AI and IDP solutions provider, announced on March 13, 2023, that its Financial Services Extraction (FSX) services are now available through the Temenos Exchange ecosystem of integrated fintech solutions. Nexus FrontierTech's FSX solution provides more than 50 unique AI modules, enabling instant advanced processing of various document types like bank statements, financial statements, and identification documents, among others. Clients can get tai...

Bitcoin and Crypto

SALT | April 25, 2022

SALT and Cion Digital declared a strategic alliance in an effort to bring SALT's crypto lending solutions to more than 5,000 auto dealerships in the United States. The announcement marks the official launch of SALT's Embedded Crypto Lending Service. The service will allow financial service providers and fintech platforms to deploy crypto financing solutions quickly. SALT was the first platform in 2016 to offer crypto-backed loans. Since then, it has optimized its lending t...