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First Internet Bank announced today that it has been included in GOBankingRates’ 2025 Best Banks Awards. The bank received accolades in four categories: Best Checking account, Best Money Market, Best CD Rates and Top 10 CD Rates. To formulate its rankings, GOBankingRates evaluates l00 of the largest banks, online banks and neobanks across nine categories,…
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Nicole Lorch started a marketing job at an online-only bank when only a quarter of U.S. households had internet access. Twenty-five years later, she’s the president. In 1999, she was working for David Becker, a serial tech entrepreneur who decided to launch a branchless, digital-only bank. “It was a radical idea in 1999,” said Lorch,…
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First Internet Bank announced today that Craig Simon has joined the organization as Vice President, Senior Business Development Officer. Mr. Simon will bring additional financial expertise to First Internet Bank’s rapidly-growing Small Business Administration (SBA) team, which has supported the Bank’s growth into a Top 10 lender for SBA 7(a) loans. “Craig’s SBA and commercial…
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First Internet Bank announced today that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer. His broad-based financial services background further enhances the experience and expertise of the Bank’s Small Business Administration (SBA) team – one currently among the Top 10 for SBA 7(a) lenders nationwide. “Joe has actively been involved…
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Enhancing its already feature-rich business banking account, First Internet Bank announced today the addition of Balance Optimizer to Do More Business™ Checking. Balance Optimizer enables business owners to seamlessly move money between Do More Business Checking and a First Internet Bank Business Money Market or Business Savings account to earn higher-yield interest. “Given our entrepreneurial…
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First Internet Bank’s Do More Business™ Checking enables entrepreneurs to accomplish more in less time. Today, Cash Flow Analysis was added to the account’s broad range of financial tools. This new benefit delivers automated cash flow forecasting, digital insights for improved performance, competitive benchmarking and more. “In an increasingly competitive landscape, business owners must not…
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jaris, a leading financial technology company, announced today a strategic partnership with First Internet Bank. The collaboration is poised to expand jaris’ product capabilities and substantially increase its financing capacity to over $1 billion annually. Key partnership highlights include: **$1 Billion Annual Financing Capacity:** Through this partnership, jaris will experience a significant boost in its…
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Alacriti, a fintech company specializing in payments, announced today that it is among the first companies in the industry to complete FedNow® Service certification and have banks and credit unions utilizing its payment hub to run live transactions on the FedNow Service. The FedNow Service is a new real-time payment rail offered by The Federal Reserve…
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First Internet Bank announced today it has launched a new business account opening process. The streamlined user experience enables business owners to open and fund accounts online in minutes, improving conversion rates, reducing support calls and boosting customer satisfaction. With software powered by Narmi, coupled with re-engineered back office processes, First Internet Bank has decreased…