Latest Mid Central National Bank News, Insights & Analysis - FinTech Global

Jiko becomes the first FinTech startup to purchase a US-regulated bank

September 4, 2020

FinTech startup Jiko has acquired Mid Central National Bank in a deal that is the first of its kind.

Latest Analysis

Landesbank Baden-Württemberg (LBBW), Germany’s largest state bank, has selected Fenergo to automate its compliance processes.

LBBW partners with Fenergo to enhance client onboarding and compliance automation

September 11, 2024

Maybank invests in Funding Societies to drive MSME digital finance in southeast Asia

Maybank invests in Funding Societies to drive MSME digital finance in...

September 11, 2024

How UBO verification can safeguard against financial crimes

September 11, 2024

On July 19, 2024, cybersecurity giant CrowdStrike issued a routine software update. However, this time things went terribly wrong. The update, which was meant to enhance security, ended up causing major disruptions across industries worldwide. The faulty software quickly wreaked havoc on IT systems reliant on Microsoft's operating system, with insurance firm Parametrix estimating $5.4bn in damages were done to Fortune 500 companies alone. Jeff Heine, Chief Revenue Officer of Novidea delved into why this calamity underscores the need for modern, sophisticated insurance management systems.

Why the CrowdStrike outage highlights a need for modern insurance management...

September 11, 2024