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Wells Fargo to implement nCino’s bank operating system, expand digital capabilities

BankInovation

trillion Wells Fargo has selected banking software provider nCino’s technology platform to streamline loan origination, account opening, business process management, customer engagement and instant reporting. The San Francisco-based bank serves one in three U.S. We’re really proud […].

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Citi Ventures Leads $28 Million Round for Client Management Startup HoneyBook

Bank Innovation

Citi Ventures led a $28 million Series C equity round for client management platform HoneyBook, the company announced today.

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Can fintechs enhance your bank’s marketing campaign?

Independent Banker

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Photo by Janimal Photography. Dick, Chairman and CEO, Mainstreet Bank.

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US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition

PYMNTS

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. This action reflects a lack of understanding of Plaid’s business and the highly competitive payments landscape in which Visa operates.”. 5) to block its planned $5.3

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

PYMNTS

Josh Harris , co-founder of Apollo Global Management , said the SPAC trend is not a flash in the pan. Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said.

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Stripe Hires AWS Exec For CRO Position

PYMNTS

Stripe , the San Francisco-based company which works to build economic online infrastructure, announced in a press release that Mike Clayville , a 36-year sales veteran of companies like Amazon Web Service (AWS), VMware and BEA Systems, would be joining to help grow the company’s global sales organization.

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B2B Startup Investors Go After The Niche Markets

PYMNTS

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. Lendingkart. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Growth Street.

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