Welcome to Today’s FinTech Daily Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
CPI & Nymbus: Seamless Instant Card Issuance Integration
CPI Card Group (“CPI” or the “Company”), a payments technology company providing a comprehensive range of payment cards and related digital solutions, announced a new integration with Nymbus, a leading provider of cloud-based core banking solutions, to deliver seamless instant card issuance. Through this collaboration, CPI’s Card@Once instant issuance solution is now integrated with the Nymbus Core Platform, allowing financial institutions to quickly print and activate payment cards in-branch with a turnkey solution.
Customers Bank Opens 5 New West Coast Offices
Customers Bank, the $24 billion asset subsidiary of Customers Bancorp and one of the nation’s leading regional banks, announced the opening of new offices in Irvine, Sherman Oaks, Sacramento, Reno, and Las Vegas. This westward expansion reflects the bank’s commitment to delivering high-touch service to clients in markets that are fueling the country’s economic growth and innovation economy.
Avolon to Lease 13 Airbus Aircraft to Etihad Airways
Avolon, a leading global aviation finance company, has agreed to lease 13 Airbus aircraft from its orderbook to Etihad Airways (‘Etihad’). The transaction, announced at the Dubai Airshow, includes nine A330neos and four A320neo family aircraft.Etihad has also placed a direct order with Airbus for six additional A330neos, complementing the nine aircraft leased from Avolon and bringing its total A330neo fleet to 15 aircraft.
Eldridge & Vita Expand Partnership with 10th Transaction
Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management, and Vita Group, a leading UK and European developer and operator of premium student and residential co-living brands, today announced the continued expansion of their long-standing partnership. This marks their tenth transaction, with a combined total of £1.1 billion in financing commitments. Since 2020, Eldridge and Vita Group have partnered on ten developments across purpose-built student accommodation (“PBSA”) and co-living, delivering more than 7,500 beds across the UK and Spain.
Holiday Shoppers Choose Experiences & Flexible Payments: Paysafe
Shoppers are changing holiday traditions this festive season, with a new focus on enjoying and gifting meaningful experiences, according to global consumer research issued today by Paysafe , a leading payments platform. The ‘Inside the Wallet: Holiday Edition’ report also indicates that consumers gravitate towards merchants offering a flexible range of payment options, including digital wallets, and robust transactional security.
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