First Federal Bank of the Midwest

Bitcoin and Crypto

Calypso Group | November 11, 2022

Creonik launches its platform to allow creators to build their communities and monetize their content via crypto. Available in beta, Creonik is powered by the technologies of Calypso Group, a crypto-native fintech ecosystem for businesses. In 2021 Patreon reported there are more than 200,000 creators across the globe who earn a total value of more than $1.2 billion per year. The creator economy still lacks a reliable way to accept subscription payments and donations in crypto Creo...

Financial Management, Payments

Nuvei | February 03, 2023

Nuvei Corporation announced on February 2, 2023, that it has been selected as the exclusive payment technology supplier for Le Panier Bleu, a Quebec-based online marketplace platform. Through its e-commerce platform, Le Panier Bleu gives small and medium-sized businesses access to enterprise-level payment solutions by employing Nuvei for Platforms, the market-leading integrated payments technology developed by Nuvei. Nuvei for Platforms is a packaged solution that inc...

Ally, CardWorks | February 19, 2020

Ally Financial has struck a $2.65 billion deal to buy CardWorks, enabling it to enter the credit card and merchant acquiring sectors. Ally will pay $1.35 billion in cash and $1.3 billion in stock for CardWorks, a non-prime credit card and consumer finance lender with $4.7 billion in assets and $2.9 billion in deposits. Ally began life as an auto financing outfit before diversifying to offer online banking, mortgage lending and investment-advisory services. The CardWorks acquisition helps to expa...

Financial Management, Fintech

PRnewswire | May 08, 2023

Today, Pinwheel, the market-leading provider of income and employment data engineered for next-generation fintech innovation, launched a customized version of its Deposit Switch 2.0 (DDS 2.0) and Verify products specifically for credit unions and regional or community banks, packaging these tailored offerings as one solution: Pinwheel for Credit Unions. This product was built to require no engineering resources or product integrations, so credit unions can deploy in under a week. ...