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FUNDING
Circle | June 01, 2021
Circle has today announced that it has secured $440 million in funding from major institutional and strategic investors, a worldwide financial technology company offering payments and treasury infrastructure for Internet businesses. The funding is the source of continuous growth, organisational development and expansion potential for the firm among the top ten in private fintech investments. As a Chief Strategy Officer, and Head of Global Policy (CSO), Jeremy Fox-Geen, Chief Finan...
HSBC Bank | July 02, 2020
HSBC Bank USA, N.A. ("HSBC USA"), part of HSBC Group, one of the world’s largest banking and financial services companies, today announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s smallest businesses, landlords and critical non-profits. The NYFLF will provide affordable and flexible capital to participating Community Development Financial Institutions (CDFIs)...
CORE BANKING
Yolt Technology Services, Amazon Web Services | May 07, 2021
According to recent research from leading open banking provider Yolt Technology Services (YTS), more than half of business leaders in banking, retail, leasing, investment platforms, and PFMs are not using open banking technology due to data protection and privacy issues. In response, YTS announced today that it would be using Amazon Web Services (AWS) to provide the highest level of protection through its open banking services. YTS is able to quickly scale using AWS, which ...
CORE BANKING, FINTECH
Pacific Service Credit Union and Lumin Digital | January 20, 2023
On January 19, 2023, Lumin Digital announced that it established a multi-year agreement with Pacific Service Credit Union (Pacific Service CU) in California to promote an improved online banking experience for the latter's almost 70,000 members and assets worth over $1 billion. Lumin's cloud-based online and mobile digital banking platform, set to launch in October, will provide better safety, security features, and seamless digital integration. This would help Pacific S...
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