First Horizon: Migrates Digital-Only VirtualBank to the Apiture Open Platform

First Horizon: Migrates Digital-Only VirtualBank to the Apiture Open Platform

  • First Horizon with $87.9 billion in assets as of June 30, 2021, is a leading regional financial services company 
  • Apiture is a leading cloud-native provider of digital banking solutions. Apiture provides FIs with the integrations, capabilities
  • Announced the migration of Bank’s digital brand, VirtualBank, to the Apiture Open platform
  • The company currently has over $87 billion in assets with 500 branch locations across twelve states
  • VirtualBank is a digital-only banking experience, which is designed to create a differentiated digital brand for the bank
  • To launch VirtualBank used Apiture’s Direct Bank solution as the backbone to integrate with other leading API-driven fintech
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mastercard and Visa Strengthen Agentic Payment Pilots with Bank Collaborations

Financial giants team up with banks to enhance payment systems.Highlights: Mastercard and Visa partner with banks for innovative...

Mastercard Strengthens Cyber Defense with Cloudflare Partnership

New alliance enhances transaction security amidst rising cyber threats.Highlights: Mastercard partners with Cloudflare for enhanced cyber security.Collaboration aims...

Gemini Stock Plummets as Three Top Executives Depart

Key leadership changes raise concerns over Gemini's future stability.Highlights: Gemini stock drops significantly after three executives resign.Executive departures...

UK Banks Seek Alternatives to Visa and Mastercard Amid Concerns

Financial institutions explore options for payment processing independence.Highlights: UK banks are seeking alternatives to Visa and Mastercard.Concerns arise...