GURUGRAM, India—When the Trump Organization in April announced another luxury real-estate project in India, Eric Trump gave a shout out to his local partners for helping accelerate the brand’s expansion.
“We’re incredibly excited to launch our second project in Gurgaon,” Eric Trump, who runs day-to-day operations, using the former name for the city near New Delhi. “And even prouder to be doing it once again with our amazing partners.”
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Rory Jones
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President Trump’s company has said he won’t be involved in day-to-day management. But the president’s personal business and his government role intersected this week when he was heard on a hot mic arranging a meeting between his son Eric, who runs the family company, and Indonesia’s leader.
In the exchange, captured on audio at a Middle East summit, Indonesian President Prabowo Subianto referred to an issue about a region that was “not safe, securitywise” before asking Trump: “Can I meet Eric?”
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Rory Jones
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Commercial lending has lagged behind other bank processes in terms of digitalization. AI-driven commercial lending accelerator Vine Financial Chief Executive David Eads told Bank Automation News that commercial lending is “ripe for streamlining” due to its high dollar value, high risk and high profitability. Vine is doing just that by streamlining the commercial lending […]
Whitney McDonald
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Commercial lending has lagged behind other bank processes in terms of digitalization. AI-driven commercial lending accelerator Vine Financial Chief Executive David Eads told Bank Automation News that commercial lending is “ripe for streamlining” due to its high dollar value, high risk and high profitability. Vine is doing just that by streamlining the commercial lending […]
Whitney McDonald
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First Fed Bank has tapped fintech Apiture to provide better digital and mobile banking services to its clients. Community and regional banks and credit unions recognize that having strong, comprehensive digital capabilities is no longer optional to stay competitive with large banks and fintechs, an Apiture spokesperson told Bank Automation News. This year, Apiture has […]
Vaidik Trivedi
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First Fed Bank has tapped fintech Apiture to provide better digital and mobile banking services to its clients. Community and regional banks and credit unions recognize that having strong, comprehensive digital capabilities is no longer optional to stay competitive with large banks and fintechs, an Apiture spokesperson told Bank Automation News. This year, Apiture has […]
Vaidik Trivedi
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First Fed Bank has tapped fintech Apiture to provide better digital and mobile banking services to its clients. Community and regional banks and credit unions recognize that having strong, comprehensive digital capabilities is no longer optional to stay competitive with large banks and fintechs, an Apiture spokesperson told Bank Automation News. This year, Apiture has […]
Vaidik Trivedi
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FundBank has selected fintech Temenos for its full banking technology suite. The $2.9 billion institution, which provides banking services to asset managers, will access the following banking services from Temenos: Core banking; Payments; and Data analytics on Temenos SaaS. Temenos’ cloud-native core architecture allows FIs to migrate their core operations at their own pace so […]
Vaidik Trivedi
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FundBank has selected fintech Temenos for its full banking technology suite. The $2.9 institution, which provides banking services to asset managers, will access the following banking services from Temenos: Core banking; Payments; and Data analytics on Temenos SaaS. Temenos’ cloud-native core architecture allows FIs to migrate their core operations at their own pace so banks […]
Vaidik Trivedi
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FundBank has selected fintech Temenos for its full banking technology suite. The $2.9 billion institution, which provides banking services to asset managers, will access the following banking services from Temenos: Core banking; Payments; and Data analytics on Temenos SaaS. Temenos’ cloud-native core architecture allows FIs to migrate their core operations at their own pace so […]
Vaidik Trivedi
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U.S. Bank is expanding its small business offerings with launches of two embedded solutions this month. On Sept. 4, the $673 billion bank announced the following offerings for its 1.4 million small business (SMB) clients: U.S. Bank bill pay for businesses; and U.S. Bank payroll. “With these two [launches], we are now essentially investing a […]
Whitney McDonald
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U.S. Bank is expanding its small business offerings with launches of two embedded solutions this month. On Sept. 4, the $673 billion bank announced the following offerings for its 1.4 million small business (SMB) clients: U.S. Bank bill pay for businesses; and U.S. Bank payroll. “With these two [launches], we are now essentially investing a […]
Whitney McDonald
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The Pennsylvania State Employees Credit Union has tapped fintech Akuvo for debt management and collections services. PSECU selected Akuvo for its ability to drive efficiency and effectiveness across its collections operations, a spokesperson for the $9 billion credit union told Bank Automation News. Akuvo’s platform, which is 100% cloud-native, can onboard an FI in four […]
Vaidik Trivedi
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Blaze Credit Union is the most recent credit union to join wealth management solution provider Osaic’s cloud-based channel. The $4.2 billion Blaze was formed last year through a merger of Spire Credit Union and Hiway Credit Union, which both had existing relationships with Osaic. The Minnesota-based credit union has $840 million assets under management. […]
Whitney McDonald
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Blaze Credit Union is the most recent credit union to join wealth management solution provider Osaic’s cloud-based channel. The $4.2 billion Blaze was formed last year through a merger of Spire Credit Union and Hiway Credit Union, which both had existing relationships with Osaic. The Minnesota-based credit union has $840 million assets under management. […]
Whitney McDonald
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Two financial institutions have tapped automated lending service provider Vine Financial within the past month. The $227 million HSLC and the $224 million Triad Bank started working with the fintech to boost commercial lending. According to Bank Automation News’ Transactions Database, which tracks emerging technology selected or acquired by financial institutions, Austin, Texas-based Vine also […]
Vaidik Trivedi
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Citi is expanding its use of Google Cloud to access the cloud provider’s generative AI capabilities. Rohit Bhat, general manager and managing director at Google Cloud’s financial services, told Bank Automation News at Money20/20 this week that the $1.6 trillion bank will also look to Google Cloud for: Modernization of its tech stack; Data analytics […]
Vaidik Trivedi
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E-commerce giant DoorDash has teamed up with fintech Fiserv for embedded finance services. “This solution enables DoorDash to offer its delivery contractors a full range of financial services,” Frank Bisignano, chief executive at Fiserv, said during the company’s Oct. 22 third quarter earnings call. “Within a single app, they can get instant access to wages […]
Vaidik Trivedi
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Payments platform PayNearMe announced Oct. 3 that it will integrate PayPal’s full-stack processing capabilities into its platform. “Reliability is of utmost importance to PayNearMe, and PayPal’s full platform gives access to multiple money movement capabilities supported by numerous banking partners,” John Minor, executive vice president and chief product officer of PayNearMe, told Bank Automation News. […]
Whitney McDonald
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