Has commenced a pilot program with one of its major Structured Receivable Program partner, FinanceIt Canada Inc., for the Bank's new Real-Time Structured Receivable Program. The purpose of the Pilot Program is to demonstrate the functionality and operational integrity of the Real-Time SRP in a limited-scale, real-world scenario to refine the solution for full implementation by FinanceIt and simultaneous roll out to all VersaBank's current and prospective SRP partners in both Canada and the United States. VersaBank shares T.VBNK are trading down $0.01 at $25.14.
Stocks in play: VersaBank
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