Retail banking

Temenos Named a Leader in North America for Small Business Lending and Customer Experience Solutions

Retrieved on: 
Tuesday, March 5, 2024

GENEVA, March 05, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has been named a Leader in two US flagship reports – the IDC MarketScape: North American Small Business Lending ​Customer Experience Solutions 2023-2024 Vendor Assessment and the IDC MarketScape: North American Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment [1].

Key Points: 
  • GENEVA, March 05, 2024 (GLOBE NEWSWIRE) -- Temenos (SIX: TEMN) today announced that it has been named a Leader in two US flagship reports – the IDC MarketScape: North American Small Business Lending ​Customer Experience Solutions 2023-2024 Vendor Assessment and the IDC MarketScape: North American Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment [1].
  • Both IDC MarketScapes evaluated 11 technology vendors in the small business lending segment, which includes any secured or unsecured loan provided to a small business owner, except for mortgage-related products.
  • To be considered a Leader, vendors must be able to address most small business lending needs of any North American institution and support several use cases consistent with providing a complete end-to-end small business banking solution.
  • [1] IDC MarketScape: North American Small Business Lending ​Customer Experience Solutions 2023-2024 Vendor Assessment (doc # US49787323, November 2023) and the IDC MarketScape: North America Small Business Lending Decisioning Platforms 2023–2024 Vendor Assessment (doc # US49787523, November 2023).

Exchange Bank Announces Kevin Bender as Senior Vice President, Chief Banking Officer

Retrieved on: 
Thursday, February 29, 2024

Exchange Bank (OTC: EXSR) announces Kevin Bender as senior vice president and chief banking officer, reporting to Troy Sanderson, president and chief executive officer.

Key Points: 
  • Exchange Bank (OTC: EXSR) announces Kevin Bender as senior vice president and chief banking officer, reporting to Troy Sanderson, president and chief executive officer.
  • Kevin assumes responsibility for leading the Retail Banking team, Deposit and Lending Operations and Electronic Banking.
  • View the full release here: https://www.businesswire.com/news/home/20240229830225/en/
    Kevin brings over 40 years of banking expertise to Exchange Bank, most recently as the head of Branch Banking with Poppy Bank.
  • His prior experience includes serving as the president and CEO of a new bank under formation and chief operating officer and chief information officer at the former American River Bank.

Global Online Banking Market Competitive Analysis 2024, by Service Type, Platform, Banking Type and Geography

Retrieved on: 
Wednesday, March 6, 2024

The Global Online Banking Market is segmented based on Service Type, Platform, Banking Type, and Geography.

Key Points: 
  • The Global Online Banking Market is segmented based on Service Type, Platform, Banking Type, and Geography.
  • By Banking Type, the market is classified into Retail Banking, Corporate Banking, and Investment Banking.
  • The report presents a detailed Ansoff matrix analysis for the Global Online Banking Market.
  • The publisher analyses the Global Online Banking Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Oportun Appoints Two New Independent Members to its Board of Directors

Retrieved on: 
Monday, February 5, 2024

SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) today announced the addition of two new independent board members to its Board of Directors.

Key Points: 
  • SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) today announced the addition of two new independent board members to its Board of Directors.
  • Effective as of February 7, 2024, the appointments expand Oportun’s board from seven to nine members with the additions of Carlos Minetti and Mohit Daswani.
  • “After an extensive search that considered many qualified independent candidates, our committee unanimously recommended and the full board has unanimously appointed both Carlos and Mohit, to the Oportun board,” said Ginny Lee, Chair, Oportun Nominating, Governance and Social Responsibility Committee.
  • “I expect that the board and the leadership team will immediately leverage their deep knowledge in consumer-related financial services.”

Bank of America Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Monday, February 5, 2024

DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "Bank of America - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "Bank of America - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into BofA's fintech activities, including its digital transformation strategies, its accelerators, incubators, and other innovation programs, its technology initiatives, investments, acquisitions and its estimated ICT budget.
  • Bank of America Corporation (BofA) offers a wide range of financial products and services to retail customers, companies, and institutions through its eight lines of business.
  • As a part of the digital transformation, Bank of America launched its Global Digital Disbursements services for its commercial clients in Canada.

Banco Santander-Chile Announces Fourth Quarter 2023 Earnings

Retrieved on: 
Friday, February 2, 2024

SANTIAGO, Chile, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2023, and fourth quarter 2023 (4Q23).

Key Points: 
  • SANTIAGO, Chile, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its resultsi for the twelve-month period ended December 31, 2023, and fourth quarter 2023 (4Q23).
  • As of December 31, 2023 our NPS reached 60 points, and our contact center reached 72 points, being recognized as the best in the industry.
  • Our CET1 ratio remains solid at 11.1% and the total Basel III ratio reaches 17.6% at the end of December 2023.
  • Our earnings webcast will be held on Friday, February 2, 2023 at 8.30am New York time.

Chelsea Groton Bank Promotes 13

Retrieved on: 
Wednesday, January 31, 2024

Groton, Conn., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Chelsea Groton Bank is pleased to announce the promotion of 13 employees following a Board of Trustees meeting.

Key Points: 
  • Groton, Conn., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Chelsea Groton Bank is pleased to announce the promotion of 13 employees following a Board of Trustees meeting.
  • “While much has changed throughout the Bank’s nearly 170 years serving the communities of southeastern Connecticut, the team members of Chelsea Groton Bank continue to go above and beyond for their customers and community,” said Anthony A. Joyce, III, President and CEO of Chelsea Groton Bank.
  • Mario has been with Chelsea Groton Bank since 2016 and has continued to elevate his contributions to Chelsea Groton’s Technology Services team.
  • Luann joined Chelsea Groton Bank in 2015, based out of the Bank’s Lending Center in Glastonbury.

Middlefield Banc Corp. Reports 2023 Full-Year Financial Results

Retrieved on: 
Friday, January 26, 2024

MIDDLEFIELD, Ohio, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve-months ended December 31, 2023.

Key Points: 
  • MIDDLEFIELD, Ohio, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve-months ended December 31, 2023.
  • Net interest income for the 2023 fourth quarter increased 9.2% to $15.4 million, compared to $14.1 million for the 2022 fourth quarter.
  • For the 2023 twelve-month period, noninterest income was $6.7 million, compared to $6.7 million for the same period last year.
  • At December 31, 2023, the Company had brokered deposits of $90.3 million, compared to $5.0 million at December 31, 2022.

NBT Bancorp Inc. Announces CEO Succession Plan

Retrieved on: 
Monday, January 22, 2024

Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.

Key Points: 
  • Watt was appointed President and Chief Executive Officer of NBT and NBT Bank, N.A.
  • “I am deeply grateful for the opportunity to lead NBT and to work with the team I truly believe is the best in community banking,” said Watt.
  • NBT Bancorp Inc. is a financial holding company headquartered in Norwich, NY, with total assets of $13.83 billion at September 30, 2023.
  • More information about NBT and its divisions is available online at: www.nbtbancorp.com , www.nbtbank.com , www.epicrps.com and www.nbtinsurance.com .

JPMorgan Chase Announces Expanded Roles for Top Executives

Retrieved on: 
Thursday, January 25, 2024

JPMorgan Chase (NYSE: JPM) today announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future.

Key Points: 
  • JPMorgan Chase (NYSE: JPM) today announced new and increased responsibilities for a number of key executives that will build upon the company’s successes and continue to position the firm for the future.
  • Doug Petno, CEO of the Commercial Bank, will lead an expanded Commercial Banking business, which will also encompass the Global Corporate Banking group.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $3.9 trillion in assets and $328 billion in stockholders’ equity as of December 31, 2023.