Summit Bank, N.A.

Reuters | April 10, 2020

U.S. President Donald Trump said on Friday the funding measure to help small business should be approved by Congress with no additions, as a partisan skirmish in the U.S. Senate cut short a Republican effort to speed $250 billion in new assistance. Republicans sought quick Senate passage of a small-business measure sought by Trump’s administration on Thursday but ran into opposition from Democrats who wanted to add provisions such as funds for hospitals, local governments and food assistan...

Fintech

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Fintech

Financial Finesse | October 17, 2022

Financial Finesse, the country's leading independent provider of financial wellness coaching as an employer-paid benefit, today announced the launch of Financial Finesse Ventures—a first-of-its-kind venture arm for socially responsible FinTech. As the pioneer of financial wellness, Financial Finesse is bridging the financial literacy gap by delivering unbiased, life-changing financial coaching to millions of Americans. The launch of Financial Finesse Ventures—a nat...

Financial Management, Investment Management

Businesswire | June 02, 2023

The API-driven solution enables greater control and faster connectivity of embedded finance and customer data portability. Akoya is proud to announce its partnership with Axway to transform the way customer information is shared with third-party applications. Both companies have standardized their APIs to the Financial Data Exchange (FDX) standard, which allows for customer data sharing in a secure and transparent way. Akoya allows businesses to manage their finances ...