Technology Partnership Banc of California has recently partnered with CoreCard Software, Inc., showcasing an interest in innovative prepaid and credit technology solutions. This could be an opportunity to offer complementary services or products to enhance their technology offerings.
Investment in Psychiatric Care The investment of $130M by Banc of California into Talkiatry Management Services, a provider of psychiatric care, indicates a focus on healthcare. This presents a chance to propose financial solutions tailored specifically for the healthcare sector.
Expansion into Digital Strategy With the appointment of Greg Smith as Senior Vice President of Digital Strategy, Banc of California is likely looking to enhance their digital presence. This opens up possibilities to offer digital marketing or strategy consulting services to support their initiatives.
Relationship-Focused Banking Banc of California positions itself as a relationship-focused business bank, which could align well with personalized services or training programs. Tailoring solutions to further strengthen customer relationships could be a compelling sales pitch.
Merger and Acquisition Deals The recent merger with Bankofsantaclarita and investments from various entities highlight Banc of California's growth strategy. This may present an opportunity to offer M&A advisory services or financial consultation for future expansion plans.