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Cross River establishes fintech investment banking unit

American Banker

The Fort Lee, New Jersey, company has hired a pair of veteran investment bankers to helm an effort serving fintechs' capital market needs "doubling down" on its commitment to the sector.

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Amazon Delivery Exec Leaves For FinTech SoFi

PYMNTS

Renz helped to launch Amazon’s free shipping policy and introduced new multi-billion-dollar retail categories, such as beauty, shoes and groceries, according to her LinkedIn profile. She was also the CEO of Amazon subsidiary Quidsi, based in her native New Jersey, The Seattle Times reported.

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The New Jersey Community Bank Flying High in PPP Ranking

Banking Exchange

Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust Community Banking PPP Covid19 Feature Financial Trends Duties Feature3 The Economy.

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Fundation Pulls Community Bank Into FinTech Collaboration

PYMNTS

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning to get on board with the partnership strategy , too. According to the publication, the partnership is not only noteworthy for the FI’s work with a FinTech.

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Today In Digital-First Banking: Freelancing Banking App Lili Lands $15M; Alacriti Rolls Out RTP Product For Financial Institutions

PYMNTS

In today’s top news in digital-first banking, freelancer banking app Lili has notched $15 million in a funding round, while New Jersey-based FinTech Alacriti is rolling out a new offering that will connect banks and credit unions (CUs) with real-time payments (RTP).

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Mambu and Volante partner for cloud-enabled payments integration

BankInovation

Banking core provider Mambu announced in January a new partnership with payments fintech Volante Technologies to provide cloud-native payments services for joint financial institution customers. New Jersey-based Volante’s cloud-native banking and payments strategy […].

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Plaid 'Surprised' At TD Bank's Lawsuit Alleging It Tricked Consumers

PYMNTS

14) in a New Jersey court that accused the company of making a user interface for financial services applications that infringed on TD Bank's logo, trademark and green color scheme. “Plaid is publicly known for never selling or renting consumers' personal information,” the company said, according to The Globe and Mail.