UMass Boston, the University of Rhode Island, nonprofit engineering consultancy MITRE and fintech LoanSpark have joined Mass Fintech Hub to be a part of the financial technology community in the state.
A new report found that funding and employment in the financial technology sector in Massachusetts improved from 2020 to 2022. However, there is still room for improvement in diversity and inclusion, collaboration between industry stakeholders and partnership with regulators.
I didn’t just travel to the other side of the globe when I went to celebrate my wedding with my family in the Philippines. I’d also returned to a completely different way of banking.
Worcester Polytechnic Institute has become the latest school to add fintech-focused degree programs to its lineup.
Fintech firm Numerated is moving to a larger office in downtown Boston, expecting more growth in commercial lending at the banks and credit unions it helps underwrite business loans.
Amesbury-based BankProv has recently joined Mass Fintech Hub together with seven other new members to support the advancement of financial technology in the state.
Buffalo-based M&T Bank has joined Mass Fintech Hub, a public-private partnership that supports the financial technology industry in Massachusetts.
Months after one of its cryptocurrency-related products led to multimillion-dollar losses at BankProv, the Amesbury-based bank has a new financial technology partnership involving savings accounts.
As layoffs send fintech workers out into the job market, community banks and credit unions could see a longstanding disadvantage in landing talent evaporate.
While banks and credit unions have long dominated the market for home equity lines of credit, Massachusetts has seen other lenders – both familiar and new – make headway in the second mortgage market amid rapid changes to the industry.
Patrick Smith, Santander’s new head of consumer and business banking, got hooked on retail banking after a career in the IT sector. It’s proving to be an asset as he guides the bank’s efforts to simplify its consumer products.
Core technology provider Jack Henry & Assoc. plans to acquire Connecticut-based Payrailz, a digital payments company used by several Massachusetts lenders.
KeyBank has selected Waltham-based fintech BlueSnap to provide a global payments platform for some middle-market clients.
Westwood-based financial technology firm ZSuite Technologies has raised $11 million in a Series A funding round, the company said in a statement last week.
After 27 years working with community financial institutions at technology provider COCC, Marco Bernasconi is taking his skills to North Brookfield Savings Bank as the $350 million-asset lender orients itself for growth.
Tom Senecal is leading Hoyloke-based PeoplesBank into a future even more dedicated to mutuality than before specifically because mutuality is the bank’s secret weapon.
Notarize, a Boston-based technology company that offers a remote online notarization product, laid off 25 percent of its employees on Wednesday.
Amesbury-based BankProv has partnered with financial technology company Synctera to give fintech developers in the cryptocurrency market a debit card program.
After Newton-based fintech startup Stavvy received over $40 million in series A venture capital financing last year, Chief Operating Officer Josh Feinblum and its HR team faced the task of looking for a new headquarters and onboarding hundreds of new employees.
The parent company of Webster Bank has agreed to acquire Boston-based Bend Financial Inc., a technology company that offers a cloud-based platform for health savings accounts.
