Cebuana Lhuillier Bank selects Temenos to expand rural banking services in Philippines
Temenos announced recently that Cebuana Lhuillier Bank , a rural banks in the Philippines, has selected Temenos to modernize its core banking platform to help this A bank serving 7 million Filipinos launched new banking products quickly and expanded efficiently. Cebuana Lhuillier Bank aims to expand its product range with Temenos and increase the number […]
Atomic and eCU Technology enter into Partnership
eCU Technology, a leading provider of innovative solutions for credit unions, announced its partnership with Atomic, a market-leading provider of payroll connectivity. This collaboration creates a seamless and user-friendly account onboarding experience, empowering credit union members to effortlessly switch their payroll deposit accounts with convenience and ease. By joining forces, eCU Technology and Atomic are […]
Green RWA and Finastra launches a new platform for climate risk management
Finastra, a global provider of financial software applications and marketplaces, and Green RWA, a pioneering association in climate transition, today announced the launch of the Climate-Extended Risk Model (CERM) Sandbox. The new platform offers an interactive and immersive experience for banks to understand and manage climate risks in a simple and accessible manner. The CERM lies at the […]
Kennedy Wilson closes first tranche of USD 5.7 Bln loan portfolio From PacWest
Representing one of the first significant real estate debt transactions in this market cycle, global real estate investment company Kennedy Wilson has closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank. The first tranche of loans acquired by Kennedy Wilson and certain controlled affiliates of […]
Josephine Moran to succeed Kathy Underwood as the CEO of Ledyard Bank
Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on […]
Tompkins Community Bank announces the appointment of two new Market Presidents
Tompkins Community Bank announced the appointment of two new market presidents across its New York State footprint. Diane Torcello has been appointed to president of the bank’s Western New York (WNY) market, and Johanna Anderson has been appointed to president of the bank’s Central New York (CNY) market. In their new roles, Torcello and Anderson will […]