Somerset Trust Establishes National FinTech Day
Published on July 11, 2018
“FinTech is critical to the future of banking,” said John Gill, chief operating officer for Somerset Trust Company. “The use of smartphones for mobile banking, investing services and cryptocurrency are current examples of technologies aiming to make financial services more accessible to the general public. In an ever-changing world collaboration between banks and financial technology companies is becoming increasingly important. As a financial institution we partner with numerous FinTech companies to provide outstanding and innovative products and services to our customers. We are proud to designate August 20th as National FinTech Day to celebrate these partnerships and the innovative products that have resulted from them.”
Somerset Trust Company, with more than $1 billion in assets, is a community bank headquartered in Somerset, Pa. with a network of 34 branches serving Somerset, Cambria, Fayette, Westmoreland, and Bedford Counties and Garrett County, Maryland. The bank also offers an extensive ATM network, consumer and commercial lending services, an online and mobile banking platform as well as Trust and Investment Management services.
About Malauzai Software
Malauzai – a Finastra company, was incorporated in 2010 in Austin, Texas, in response to the growing demand for innovative mobile technology solutions for community financial organizations across the US. As a cool company in a cool town with a focus primarily on community banks and credit unions, we provide consumer, small and larger business, and employee , that enhance the customer experience for mobile and Internet banking, ultimately resulting in increased value for financial institutions. Malauzai was acquired by Finastra, a global financial technology company, in June 2018. Together we deliver a fully integrated open core platform for payments, lending and digital. Please visit Maluazai.com.
Somerset Trust Company Named Finalist
Somerset Trust Company is pleased to report that the bank was a finalist for the 2017 Best of FinXTech Award.