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Dime Announces Technology Upgrades for Business Customers

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Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced technology upgrades for business customers, including expanding Commercial Online Banking for international wires and real-time foreign currency rates, expected by end of Q2 2024.

Dime Community Bancshares, Inc. (NASDAQ: DCOM) ha annunciato aggiornamenti tecnologici per i clienti aziendali, inclusa l'espansione del servizio di Online Banking Commerciale per bonifici internazionali e tassi di cambio valuta in tempo reale, previsti entro la fine del secondo trimestre del 2024.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) anunció mejoras tecnológicas para clientes empresariales, incluyendo la expansión de la Banca en Línea Comercial para transferencias internacionales y tasas de cambio de divisas en tiempo real, que se esperan para finales del segundo trimestre de 2024.
다임 커뮤니티 뱅크셰어즈(Dime Community Bancshares, Inc., 나스닥: DCOM)는 기업 고객을 위한 기술 업그레이드를 발표했습니다. 이는 국제 송금 및 실시간 외환 환율을 위한 온라인 상업 은행 서비스의 확장을 포함하며, 2024년 2분기 말까지 완료될 예정입니다.
Dime Community Bancshares, Inc. (NASDAQ : DCOM) a annoncé des mises à niveau technologiques pour ses clients professionnels, incluant l'expansion de la banque en ligne commerciale pour les virements internationaux et les taux de change en temps réel, prévus pour la fin du deuxième trimestre 2024.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) hat technologische Upgrades für Geschäftskunden angekündigt, einschließlich der Erweiterung des kommerziellen Online-Bankings für internationale Überweisungen und Echtzeit-Wechselkurse, die bis Ende des zweiten Quartals 2024 erwartet werden.
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  • Dime expanding Commercial Online Banking for international wires and real-time foreign currency rates
  • Enhancements expected to be available by the end of Q2 2024
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HAUPPAUGE, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today key technology enhancements for its business customers.

Dime is expanding its Commercial Online Banking platform to enable clients to initiate international wires in USD and foreign currency. This upgrade also offers real time requests for foreign currency rates. In addition, Dime will be an active member of the SWIFT Network. These enhancements are expected to be available towards the end of the second quarter of 2024.

Commenting, Stuart Lubow, Dime’s President and Chief Executive Officer said, “Dime continues to execute on our growth plan and provide our business customers the tools they need to run their business effectively.”

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.5 billion in assets and the number one deposit market share among community banks on Greater Long Island (1).

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.


FAQ

When will the technology upgrades be available for Dime's business customers?

The enhancements are expected to be available towards the end of the second quarter of 2024.

Dime Community Bancshares, Inc.

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About DCOM

the largest community bank headquartered in brooklyn, new york, chartered on april 19, 1864. the bank specializes in commercial mortgage finance in the ny metro area and services depositors in 24 full service branches throughout brooklyn, queens, nassau, and the bronx.