Archives: Press and News

Nicole Lorch helped bring digital-first banking to the U.S. – American Banker

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,…

First Internet Bank Continues to Expand Small Business Administration Team

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…

First Internet Bank Adds to Growing Small Business Administration Team

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…

First IB “Optimizes” Do More Business Checking

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…

First Internet Bank Introduces Cash Flow Analysis to Do More Business™ Checking

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…

jaris Partners with First Internet Bank to Drive Innovation; Unveils $1 Billion Annual Financing Capacity

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…

First IB takes part in historic transaction

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…

First Internet Bank Streamlines New Digital Business Account Opening

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…

First Internet Bank Welcomes Community Development Officer

First Internet Bank announced today that Keia Walker has joined the bank as Vice President, Community Development Loan Officer. In her new role, she will be responsible for planning, assessing needs and executing business lending strategies for businesses in the Indiana communities that the bank serves. “Keia’s past success with lending and community development initiatives…