Economic history of Italy

KBRA Analytics Releases The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show

Retrieved on: 
Wednesday, July 28, 2021

KBRA Analytics releases this months edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show.

Key Points: 
  • KBRA Analytics releases this months edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show.
  • On top of that, loan demand remains weak despite monetary accommodation and stimulus.
  • Additionally, the largest banks are holding a record allocation in held-to-maturity in order to protect their capital from unrealized losses.
  • The newsletter also looks at how bank treasurers are still focused on cutting deposit rates to offset pressures from narrower yields on earning assets.

Brankas and Integra Partners jointly publish a guide on embracing open finance

Retrieved on: 
Wednesday, July 28, 2021

SINGAPORE, July 28, 2021 /PRNewswire/ -- Brankas, Southeast Asia's Leading Open Finance technology company recently participated in a joint publication with Integra Partners, a venture capital firm based in Singapore to publish a white paper titled Embracing Open Finance in Southeast Asia. As financial institutions in Southeast Asia are discovering new digital-first commercial models and opportunities, boundaries of finance and core model of banks are challenged. This paper identifies the commercial opportunities and explores how banks and financial service providers can overcome these challenges.

Key Points: 
  • SINGAPORE, July 28, 2021 /PRNewswire/ --Brankas, Southeast Asia's Leading Open Finance technology company recently participated in a joint publication with Integra Partners, a venture capital firm based in Singapore to publish a white paper titled Embracing Open Finance in Southeast Asia.
  • With open banking technology, open finance; permissioned data-sharing are enabled to service a wide range of financial products and services.
  • Key concepts and definitions of open finance are discussed in this paper, expanding to how banks can benefit from open finance.
  • Brankas partners with banks to build and manage their Open Finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more.

Brankas and Integra Partners jointly publish a guide on embracing open finance

Retrieved on: 
Wednesday, July 28, 2021

SINGAPORE, July 28, 2021 /PRNewswire/ --Brankas, Southeast Asia's Leading Open Finance technology company recently participated in a joint publication with Integra Partners, a venture capital firm based in Singapore to publish a white paper titled Embracing Open Finance in Southeast Asia.

Key Points: 
  • SINGAPORE, July 28, 2021 /PRNewswire/ --Brankas, Southeast Asia's Leading Open Finance technology company recently participated in a joint publication with Integra Partners, a venture capital firm based in Singapore to publish a white paper titled Embracing Open Finance in Southeast Asia.
  • With open banking technology, open finance; permissioned data-sharing are enabled to service a wide range of financial products and services.
  • Key concepts and definitions of open finance are discussed in this paper, expanding to how banks can benefit from open finance.
  • Brankas partners with banks to build and manage their Open Finance infrastructure, producing APIs for real-time payments, identity and data, new account opening, remittances, and more.

Sound Community Bank Welcomes New Director of Banking Operations

Retrieved on: 
Tuesday, July 27, 2021

SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome Jon Kacirk, Director of Banking Operations.

Key Points: 
  • SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome Jon Kacirk, Director of Banking Operations.
  • Jon Kacirk is Senior Vice President and Director of Banking Operations responsible for oversight of Retail Branch, Deposit, and Payment Operations.
  • Sound Community Bank is a Seattle-based community bank, providing personal and business banking services in King, Pierce, Snohomish, Jefferson and Clallam Counties, and on the web at www.soundcb.com .
  • Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).

Sound Community Bank Welcomes Credit Officer and Commercial Loan Officer

Retrieved on: 
Tuesday, July 27, 2021

SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome new Credit Officer and new Commercial Loan Officer.

Key Points: 
  • SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome new Credit Officer and new Commercial Loan Officer.
  • He brings over 17 years banking experience primarily focused on commercial & industrial lending and commercial real estate credit risk management.
  • Sound Community Bank is a full-service bank, providing personal and business banking services in communities across the greater Puget Sound region.
  • Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).

Sound Community Bank Welcomes New Chief Accounting Officer

Retrieved on: 
Tuesday, July 27, 2021

SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome a new Chief Accounting Officer, Jennifer L. Mallon.

Key Points: 
  • SEATTLE, July 27, 2021 (GLOBE NEWSWIRE) -- Sound Community Bank and its Board of Directors welcome a new Chief Accounting Officer, Jennifer L. Mallon.
  • She brings over 15 years of financial services and community banking experience to Sound Community Bank.
  • Sound Community Bank is a Seattle-based community bank, providing personal and business banking services in King, Pierce, Snohomish, Jefferson and Clallam Counties, and on the web at www.soundcb.com .
  • Sound Community Bank is a subsidiary of Sound Financial Bancorp, Inc. (NASDAQ: SFBC).

IQST - iQSTEL Enters Negotiations That Could Add Millions In Annual Revenue Through Partnership With Ago Bank Corporation (Video)

Retrieved on: 
Tuesday, July 27, 2021

AGO Bank Corporation has a network of 10,000 agents in Latin America to include having agents in regions where it is typically difficult to reach clients like in Venezuela.

Key Points: 
  • AGO Bank Corporation has a network of 10,000 agents in Latin America to include having agents in regions where it is typically difficult to reach clients like in Venezuela.
  • The remittance services reach into "hard to reach" countries that comes with the AGO partnership is a substantial and key component of this opportunity.
  • While negotiations are still in an early stage, we anticipate the partnership coming together with the potential to add several million dollars in annual revenue for iQSTEL.
  • AGO Bank Corporation is a Bank 3.0, built on a high-tech platform, but still maintaining a human touch through its 10,000 agents that differentiates it from other emerging next generation bank services.

Fireblocks Solidifies Unicorn Status with $310 Million Series D at $2 Billion Valuation

Retrieved on: 
Tuesday, July 27, 2021

This extension of capital marks a significant milestone for Fireblocks, boosting the company's valuation to over $2 billion.

Key Points: 
  • This extension of capital marks a significant milestone for Fireblocks, boosting the company's valuation to over $2 billion.
  • As Thailand's largest bank, we are looking forward to bringing Fireblocks' solutions to future users in Southeast Asia."
  • As the pioneer of MPC technology for digital assets, Fireblocks has created a trusted infrastructure that sits at the core of its platform.
  • Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure.

Fireblocks Solidifies Unicorn Status with $310 Million Series D at $2 Billion Valuation

Retrieved on: 
Tuesday, July 27, 2021

NEW YORK, July 27, 2021 /PRNewswire/ -- Fireblocks (www.fireblocks.com), the preeminent platform that empowers the entry of traditional institutions into the digital asset space, announced today it has raised $310 million in Series D funding. The round is co-led by Sequoia Capital, Stripes, Spark Capital, Coatue, DRW VC  and SCB 10X, the venture arm of Thailand's oldest bank, Siam Commercial Bank, whose investment marks the third global bank to invest in Fireblocks alongside BNY Mellon and SVB Capital. This extension of capital marks a significant milestone for Fireblocks, boosting the company's valuation to over $2 billion.

Key Points: 
  • This extension of capital marks a significant milestone for Fireblocks, boosting the company's valuation to over $2 billion.
  • As Thailand's largest bank, we are looking forward to bringing Fireblocks' solutions to future users in Southeast Asia."
  • As the pioneer of MPC technology for digital assets, Fireblocks has created a trusted infrastructure that sits at the core of its platform.
  • Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure.

Florida Community Banks Partner with Jack Henry to Meet Growing Market Needs

Retrieved on: 
Tuesday, July 27, 2021

Its Jack Henry Banking division announced today that Orlando, Fla.-based One Florida Bank and Sarasota, Fla.-based Gulfside Bank have both surpassed their growth goals with the support of Jack Henry, meeting growing market demand for local community banks.

Key Points: 
  • Its Jack Henry Banking division announced today that Orlando, Fla.-based One Florida Bank and Sarasota, Fla.-based Gulfside Bank have both surpassed their growth goals with the support of Jack Henry, meeting growing market demand for local community banks.
  • One Florida Bank acquired the Florida charter of OneSouth Bank in January 2019, then recapitalized and rebranded as a local community bank headquarted in Central Florida.
  • Stacey Zengel, senior vice president of Jack Henry & Associates and president of Jack Henry Banking, said, "Bank mergers and acquisitions are growing at pre-pandemic heights, creating opportunity for leaders like One Florida Bank and Gulfside Bank.
  • Jack Henry Banking, a division of Jack Henry & Associates, Inc., is a leading provider of integrated computer systems for banks ranging from de novo to multi-billion-dollar institutions.