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Cypress Bank & Trust partners with CSI

The Paypers

US-based Cypress Bank & Trust , a de novo bank serving markets across Florida, has selected Computer Services, Inc.’s ’s (CSI) NuPoint core platform.

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Numisma Bank starts operations backed by SAP Fioneer Cloud for Banking

Fintech Review

Their extensive experience in working with several of the world’s central banks and supporting the distribution of their physical banknotes, their ability to stand up a de novo banking environment in a few months along with the solid reputation of SAP business software is a combination that is seldom found, but exactly what we needed,” commented Vivek (..)

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SoFi Officially Files For A Bank Charter Of Its Own

PYMNTS

Just about a month ago, SoFi CEO Michael Cagney was telling media that the firm was about a month away from applying for a bank charter. Which means it really doesn’t come as all that huge a surprise that as of June 6th, SoFi had applied for a new (de novo) bank charter according to the FDIC. SoFi has confirmed the news.

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Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share

Fintech Labs Insights

Since we began publishing our digital challenger bank list , Novo has been the most popular choice (though recently, Mercury has surpassed it). Today, I thought I’d drop by Novo ’s website and see what’s fueling its success ( see also, our previous post , Sep 2021 ).