Regions Financial Corp. , the parent company of Regions Bank, on Tuesday announced it has completed its acquisition of Clearsight Advisors, Inc. The acquisition expands Regions’ mergers-and-acquisitions (M&A) advisory capabilities into the technology industry. Clearsight will be incorporated into Regions Bank’s Capital Markets division. Over the last decade, Clearsight has built a solid reputation as
First Western Financial, Inc., parent company of First Western Trust Bank, (the Bank), today announced the completion of its acquisition of Teton Financial Services, Inc. (Teton Financial Services), parent company of Rocky Mountain Bank, effective December 31, 2021. The closing of this transaction merges Teton Financial Services’ three branches in the state of Wyoming, total
BankFirst Capital Corporation, parent of BankFirst Financial Services (the “Bank”), today announced the completion of its acquisition of The Citizens Bank of Fayette, Fayette, Alabama (“Citizens Bank”) from F.B.H. Corporation, an Alabama corporation (“F.B.H.”). The acquisition results in BankFirst having 32 offices serving Mississippi and Alabama, with total assets of approximately $2.0 billion, gross loans
Future FinTech Group Inc. , a leading blockchain-based e-commerce business and a fintech service provider, announced today that the Company has established a new blockchain division that will manage its existing blockchain sector business which will include the further formulation and execution of its strategic growth plan. Mr. Zhi Yan has been appointed as the
Amador Bioscience, a global translational sciences and clinical pharmacology CRO, announced today that it has completed 60MM USD Series B+ financing led by MSA Capital, a global private equity firm. Other participating investors include Series B Co-leads GL Ventures (venture capital arm of Hillhouse Group) and Sequoia Capital, and Series A lead VC Co-win Ventures.
Artificial intelligence has been around for a while, but it’s only within the last few years that AI has started to have an impact on banking. And this is not just through things like chatbots – AI can be used to help banks reform their customer experience in ways that are more human-centric. In this
Azure Power Global Limited , a leading independent renewable power producer in India, today announced certain operational and financial updates in connection with the Rights Offering that was also announced today. This is not an offer to sell or purchase nor the solicitation of an offer to sell or purchase securities and shall not constitute
Southeast Asia Commercial Joint Stock Bank has chosen Google Cloud as its primary cloud provider to enhance the service quality and customer experiences delivered on its SeAMobile/SeANet digital banking platform. With Google Cloud’s enterprise-grade and cutting-edge technologies, SeABank can optimize costs, strengthen security and accelerate innovation. Read More
It gives us great pleasure to announce today that TODO1/iuvity’s solutions will have the frontend digital financial experience powered by Modyo integrated with TODO1/iuvity’s Open Service Platform. With more than 20 years of digital financial experience, TODO1 is an industry leader powering important financial institutions in Latin America that have served more than 21 million
Monfort AG, FinTech company offering products and services for the investment and digital assets sector, announced today that its flagship product, the trading platform, is now available to business users and institutions in eligible jurisdictions within Europe, Asia, Africa and Latin America. The trading platform leverages asset management tools in blockchain space with regulatory compliance
FirstDigital Telecom , a leading fiber-based carrier in the western United States, today announced that it has raise debt financing from a group of leading investors (“the lenders”), including AllianceBernstein, Deutsche Bank, Guggenheim and Webster Bank. As a result of the transaction, FirstDigital has recapitalized its balance sheet with high-quality institutional lenders and consolidated its
People can see the banking democratization trend, where bigtechs and fintechs present a new form of threat to traditional banks. AIZEN, which ranked second in the Global Category of MAS FinTech Awards 2020 (Singapore FinTech Festival, MAS FinTech Awards) alongside Swiss Re (insurance) and BNY Mellon (banking), announced that it would provide banking-as-a-service for banks
