Customers Bank - News, Articles & Research

Company announcement/wholesale

Funding Circle wins contract with Customers Bank

Funding Circle (LSE: FCH), the online lending platform for small businesses, today announced Customers Bank is expanding its digital SMB lending capabilities through Funding Circle’s embedded Lending as a Service (LaaS) platform.

15 November 2023

News/crypto

Customers Bank deepens commitment to crypto with new team hires

US community bank Customers Bank has hired a raft of new employees to broaden the depth and expertise of its nascent digital asset banking business.

10 January 2022

Company announcement/payments

Customers Bank signs with Tassat for B2B payments

Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, and Tassat, a global provider of blockchain technologies for digital payments, today announced that Customers Bank will use Tassat’s proprietary platform TassatPay® Network, which features real-time B2B payments and integration of digital and legacy payment rails.

20 May 2021

News/retail

Customers Bank sells BankMobile unit

Customers Bank has agreed to sell its BankMobile Technologies unit to investment vehicle Megalith Financial Acquisition in a transaction that reflects an enterprise value of $140 million.

07 August 2020

Company announcement/retail

Customers Bank enlists OakNorth to boost credit monitoring and portfolio management

OakNorth, the next-generation credit and monitoring platform, today announces the signing of a commercial agreement with Customers Bank (NYSE: CUBI), which is a full-service bank that provides a range of banking and lending services to small and medium-sized businesses, professionals, individuals and families.

08 April 2020

Company announcement

BankMobile rolls out student loan refinancing platform

BankMobile, a division of Customers Bank (NYSE: CUBI), and America's largest and fastest-growing mobile-first bank, today announced its new student loan refinancing platform, BankMobile Student Refi.

26 June 2019

Company announcement

Customers Bank migrates to FIS

FIS (NYSE:FIS), a global leader in financial services and payment technology, today announced that Customers Bank – a $10 billion community-based, full-service bank serving Pennsylvania, New York, New Jersey, Rhode Island, Massachusetts, New Hampshire and Illinois – is one of the latest community-based financial institutions to implement a modern core banking platform from FIS.

19 April 2018

News

Customers Bank sells digital unit BankMobile for $175m

BankMobile, a digital banking startup for millennials and the underbanked, is being sold by parent Customers Bank to Florida-based Flagship Community Bank for $175 million in cash.

08 March 2017