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Tag: Thread Bank

  • Thread Bank’s $30.5M funding round to support innovation, efficiency, CEO says

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    Thread Bank has raised $30.5 million in a funding round to support the digital bank’s growth.  “This additional funding will enable Thread to continue to scale, grow new and existing partnerships, and continue to be a leader in the embedded banking market,” Thread Chief Executive Chris Black told FinAi News. “Underpinning each of these objectives is a requirement for innovation, efficiency and transparency.”  “Thread’s usage of AI — and that of the […]

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    Whitney McDonald

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  • Transaction: Thread Bank selects Finxact, Infinant to enhance embedded finance offerings

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    Thread Bank is implementing the Fiserv Finxact core to boost its embedded banking capabilities.  The $722 million digital bank is switching to Fiserv Finxact from Fiserv Premier, Thread Chief Executive Chris Black told Bank Automation News. Additionally, Thread is tapping tech provider Infinant and its Interlace Platform to serve as the embedded banking layer for […]

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    Whitney McDonald

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  • Transaction: Thread Bank selects Fiserv’s Finxact core

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    Thread Bank is implementing the Fiserv Finxact core to boost its embedded banking capabilities.  The $722 million digital bank is switching to Fiserv Finxact from Fiserv Premier, Thread Chief Executive Chris Black told Bank Automation News. Additionally, Thread is tapping tech provider Infinant and its Interlace Platform to serve as the embedded banking layer for […]

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    Whitney McDonald

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  • Thread Bank chief digital officer to lead embedded banking efforts

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    Thread Bank named Marty Miracle as its first chief digital officer to scale its embedded banking business.  “Our embedded banking strategy is centered around innovation while keeping a community feel,” Chief Executive Chris Black told Bank Automation News. “As we execute more integrations, Marty is here as chief digital officer to ensure sound delivery in […]

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    Whitney McDonald

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