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home / news releases / TBK - Triumph Bancorp launches TriumphX for transportation fintech transformation

TBK - Triumph Bancorp launches TriumphX for transportation fintech transformation

Triumph Bancorp Inc.
Triumph Bancorp (NASDAQ:TBK) has formed TriumphX, a business tasked with supporting the company's plan to transform into a transportation fintech company. TriumphX is a division of TBK Bank, SSB, the primary operating subsidiary of Triumph Bancorp (TBK). "We see massive opportunities to reshape the future of payments in transportation," said TBK CEO Aaron P. Graft. TriumphX will "be a gateway to meet that need" and will evaluate concepts for its transportation fintech lines of business, TriumphPay and Triumph Business Capital, he added. Matt Levy joins as the president of TriumphX. He served as founder of Credera, a management consulting and technology firm. Last July, Transfix collaborated with Triumph Bancorp's (TBK) TriumphPay to offer freight carriers enhanced payment processes.

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Triumph Bancorp launches TriumphX for transportation fintech transformation
Stock Information
Company Name: Triumph Bancorp Inc.
Stock Symbol: TBK
Market: NASDAQ
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