Jay Sidhu

Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance

Retrieved on: 
Thursday, October 20, 2022

Helix by Q2 (NYSE:QTWO), a cloud-native platform purpose-built for embedded finance, and BM Technologies, Inc. (NYSE American:BMTX), formerly known as BankMobile, have announced they are partnering to provide comprehensive embedded banking solutions for consumer brands, combining Helixs embedded finance platform and bank partnerships with BM Technologies award-winning app development services and program management.

Key Points: 
  • Helix by Q2 (NYSE:QTWO), a cloud-native platform purpose-built for embedded finance, and BM Technologies, Inc. (NYSE American:BMTX), formerly known as BankMobile, have announced they are partnering to provide comprehensive embedded banking solutions for consumer brands, combining Helixs embedded finance platform and bank partnerships with BM Technologies award-winning app development services and program management.
  • BM Technologies offers a completely customizable presentation experience and industry-leading back-office capabilities as a part of its Banking-as-a-Service (BaaS) product offering on a cloud-based platform built for embedded finance.
  • We are excited to work together with BM Technologies to meet a clear need in the market.
  • In addition, our complementary solutions will be a win-win for everyone involved, said Jamie Donahue, chief technology officer at BM Technologies.

Patriot Bank elevates leader in payments to Executive Vice President and Chief Payment Officer

Retrieved on: 
Friday, September 23, 2022

STAMFORD, Conn., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. ("Patriot") (NASDAQ: PNBK), the parent company of Patriot Bank, N.A.

Key Points: 
  • STAMFORD, Conn., Sept. 23, 2022 (GLOBE NEWSWIRE) -- Patriot National Bancorp, Inc. ("Patriot") (NASDAQ: PNBK), the parent company of Patriot Bank, N.A.
  • (the "Bank"), today announced that the Bank has promoted Al Botta, Jr. to Executive Vice President and Chief Payments Officer.
  • Mr. Botta joined Patriot Bank in 2018 as SVP, Director of Payments.
  • Founded in 1994, Patriot National Bancorp, Inc. ("Patriot" or "Bancorp") is the parent holding company of Patriot Bank N.A.

Customers Bancorp Shareholders Approve All Proposals in Online Annual Meeting

Retrieved on: 
Tuesday, May 31, 2022

Sidhu thanked Mr. Burkey for his service, saying, Rick Burkey was an integral part of the formation and growth of Customers Bank.

Key Points: 
  • Sidhu thanked Mr. Burkey for his service, saying, Rick Burkey was an integral part of the formation and growth of Customers Bank.
  • The shareholders cast votes in favor of a say on pay proposal outlining the Banks executive compensation program.
  • Sidhu commented on the retirement of Richard Ehst from the post of President & CEO of Customers Bank and his succession by Sam Sidhu.
  • Customers Bancorp, Inc. (NYSE:CUBI) is a bank holding company which provides financial services through its subsidiary Customers Bank, a full-service super-community bank with assets of approximately $19.2 billion at March 31, 2021.

BM Technologies Announces Preliminary First Quarter 2022 Results

Retrieved on: 
Monday, May 16, 2022

RADNOR, Pa., May 16, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX) (the Company), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, today reported preliminary first quarter results for the three months ended March 31, 2022.

Key Points: 
  • RADNOR, Pa., May 16, 2022 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX) (the Company), one of the largest digital banking platforms and Banking-as-a-Service (BaaS) providers, today reported preliminary first quarter results for the three months ended March 31, 2022.
  • PRELIMINARY FIRST QUARTER FINANCIAL AND BUSINESS HIGHLIGHTS:
    Total revenue of approximately $25 million.
  • The company plans to release full first quarter financials and file its first quarter 2022 10Q after a new independent accounting firm is engaged and that firm has performed its first quarter 2022 review.
  • BM Technologies, Inc. (BMTX) is a technology company and is not a bank, which means it provides banking services through its partner bank.

Plinqit Names Peter Petras Head of Sales & Partnerships

Retrieved on: 
Tuesday, April 5, 2022

Plinqit , the only savings platform of its kind that pays users for learning about personal finances, has named Peter Petras as VP, Sales & Partnerships.

Key Points: 
  • Plinqit , the only savings platform of its kind that pays users for learning about personal finances, has named Peter Petras as VP, Sales & Partnerships.
  • Petras joins Plinqit with over 20 years of experience, previously serving as Director of Sales for Array , a financial enablement platform specializing in embeddable tools and white labeled solutions.
  • Petras was also Vice President of Business Development for BankMobile , now BM Technologies, Inc. and one of the largest digital banking platforms in the U.S.
  • Plinqit continues to reach new growth milestones, making it critical that we grow our team with the industrys very best and Peter is one of those, said Kathleen Craig, Founder and CEO of Plinqit.

BM Technologies, Inc. (BMTX) Announces Li Shen as Chief Accounting Officer and Doug Hallett as Director of Enterprise Risk and Audit

Retrieved on: 
Thursday, September 30, 2021

RADNOR, PA, Sept. 30, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, announced that Li Shen has joined as Chief Accounting Officer (CAO), and Doug Hallett as Director of Enterprise Risk and Audit.

Key Points: 
  • RADNOR, PA, Sept. 30, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, announced that Li Shen has joined as Chief Accounting Officer (CAO), and Doug Hallett as Director of Enterprise Risk and Audit.
  • We are excited to welcome both Li and Doug to BM Technologies (BMTX), stated Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies ( BMTX ).
  • Shen brings more than 20 years of experience working in global companies in a variety of industries, including finance.
  • Prior to joining BMTX, she served as Vice President of Financial Planning and Treasury and Interim Chief Accounting Officer at Athenex Inc., a global biopharmaceutical company.

BM Technologies (NYSE: BMTX) and T-Mobile Selected as Best Fintech Partnership in 2021 Finovate Awards

Retrieved on: 
Thursday, September 16, 2021

Radnor, PA, Sept. 16, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, and T-Mobile announced that they have been recognized for Best Fintech Partnership by the 2021 Finovate Awards for T-Mobile MONEY.

Key Points: 
  • Radnor, PA, Sept. 16, 2021 (GLOBE NEWSWIRE) -- BM Technologies, Inc. (NYSE American: BMTX), one of the largest digital banking platforms in the country, and T-Mobile announced that they have been recognized for Best Fintech Partnership by the 2021 Finovate Awards for T-Mobile MONEY.
  • Luvleen Sidhu, BMTX Chair, CEO and Founder, accepted the award at the FinovateFall Conference, which took place September 13-15, 2021.
  • The Finovate Awards , now in their third year, honor 25 fintech companies and professionals for their ingenuity in driving innovation forward and bringing new ideas to life.
  • BM Technologies, Inc. (BMTX) is a technology company and is not a bank, which means it provides banking services through its partner bank.

Customers Bancorp Announces Common Stock Repurchase Plan and Updates 2021 Core EPS Guidance

Retrieved on: 
Thursday, August 26, 2021

Customers Bancorp, Inc. (NYSE: CUBI) announced today that its Board of Directors authorized a new share repurchase plan to repurchase up to 10% of its outstanding common stock as of June 30, 2021 over a one-year period.

Key Points: 
  • Customers Bancorp, Inc. (NYSE: CUBI) announced today that its Board of Directors authorized a new share repurchase plan to repurchase up to 10% of its outstanding common stock as of June 30, 2021 over a one-year period.
  • We also expect to launch our previously announced Real Time Payments systems network before the end of third quarter 2021.
  • The timing and amount of common stock repurchases made pursuant to the Customers Bancorp common stock repurchase program are subject to various factors, including the company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, regulatory requirements and limitations, and general market conditions.
  • Services and products are available wherever permitted by law through mobile-first apps, online portals, and a network of offices and branches.

BM Technologies (NYSE: BMTX) and Company’s Chair, CEO, and Founder, Luvleen Sidhu Included Among 2021 Finovate Awards Finalists

Retrieved on: 
Wednesday, August 11, 2021

Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (BMTX) is recognized as a finalist in the Fintech Woman of the Year category.

Key Points: 
  • Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (BMTX) is recognized as a finalist in the Fintech Woman of the Year category.
  • The Finovate Awards honors 25 fintech companies and professionals for their ingenuity and thought leadership.
  • Id like to extend my congratulations to all 2021 Finovate Awards finalists, stated Sidhu.
  • BM Technologies, Inc. (BMTX) is a technology company and is not a bank, which means it provides banking services through its partner bank.

 Customers Bancorp, Inc. Announces Andrew B. Sachs as New General Counsel

Retrieved on: 
Tuesday, July 13, 2021

Prior to practicing law, Sachs spent more than six years in the information technology industry.

Key Points: 
  • Prior to practicing law, Sachs spent more than six years in the information technology industry.
  • Andrew Sachs is uniquely qualified to join our digital-forward and rapidly growing financial services company, said Customers Bancorp Chair & CEO Jay Sidhu.
  • Andrew is the right counsel to help guide the Board and organization through this exciting process.
  • Andrew Sachs was the perfect choice for General Counsel.