Silvergate Capital to wind down operations and liquidate bank
The bank plans to repay all deposits it holds and is also hoping to preserve the residual value of its assets.
The bank plans to repay all deposits it holds and is also hoping to preserve the residual value of its assets.
US bank wants to expand its infrastructure with an API-enabled platform.
US-based bank has set a $50 million price target.
California’s Silvergate Bank has implemented a suite of systems from FIS in a major tech overhaul – from a new core banking system to branch, digital and mobile banking, compliance and risk. The new core banking platform – FIS’s Horizon – will let the bank “streamline” its third party systems, such as account opening and […]