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New Peoples Bank services back to normal...

Things seem to be looking up a bit at New Peoples Bank, more than a week after a technology glitch caused all of its banking services to be temporarily shut down. The bank, whose main offices are in Honaker, Virginia, announced Friday morning on Facebook that all of its branches had reopened and that access […]

Santander Holdings USA, Inc. Provides St...

BOSTON–(BUSINESS WIRE)–Santander Holdings USA, Inc. (“SHUSA” or the “Company”) has commented on the results of the Federal Reserve’s 2022 prudential stress tests. Based on the results of SHUSA’s 2022 Prudential Stress Test, the company’s minimum capital ratios under the Federal Reserve Board’s (“FRB”) Extremely Adverse Scenario ranked in the top quartile among banks participants. In […]

Optimus Cards signs with Temenos to expa...

Temenos (SIX: TEMN) announces that Optimus Cards, the white-label card and banking-as-a-service provider, has signed up to the Temenos open platform for composable banking to support the expansion of its cards business as a service. Temenos will help the UK-based Electronic-Money Institution (EMI) launch new products faster and scale efficiently as it expands into new […]

AGENDA-Top economic events as of August ...

For other journals, please see: Major Economic Events Emerging Markets Economic Events Public Debt Auctions Politics & General News The US Federal Reserve today in Washington —————————————– —————— —————– This log is filed daily. ** Indicates new events ——————————————– – —————- TUESDAY 21 JUNE ** BRUSSELS – Participation of Elizabeth McCaul, member of the Executive […]

Omobayo Azeez and others win OnePipe wri...

By Adedapo Adesanya The National Drug Enforcement Agency (NDLEA) has foiled attempts by suspected drug traffickers to export packages of methamphetamine commonly known as Mkpuru Mmiri concealed locally in cornflake packs and body cream containers to Malaysia and Australia at Murtala Muhammed International Airport, Ikeja, and a courier company. in Lagos. The drug control authority […]

New round of corporate funding announced...

Salt Lake City – Gantry, the largest independent commercial mortgage banking company in the United States, has secured $7.7 million in permanent financing for two self-storage facilities totaling 135,000 square feet of leasable space. Assets include Storage Corner Group’s 60,000 square foot Uptown Storage (Salt Lake City) and 75,000 square foot Central Storage and Business […]

Eastern Bank provides $14 million loan t...

BOSTON–(BUSINESS WIRE)–Eastern Bank is pleased to announce a $14 million loan to the Arts & Business Council of Greater Boston for its historic purchase of Western Avenue Studios & Lofts (WASL) in Lowell, MA. The WASL complex includes 240,000 square feet of space, 250 work-only artist studios, 50 work/live studios and a brewery, cafe and […]

Saraswat Bank now has two Managing Direc...

Introducing a new type of organizational structure in urban cooperative banking, Saraswat Co-operative Bank has created two Managing Director (MD) positions following the retirement of Smita Sandhane as MD on March 31, 2022. India’s largest urban co-operative bank, which recorded around 7% year-on-year growth in total business (deposits plus advances) to ₹71,573 crore in FY22, […]

‘Cash does not collapse’ | Trade Standa

Lack of cash doesn’t actually limit crime, but it does limit access to the levers needed to commit serious white-collar crimes. TopicsDigital Currency | Russia | Sweden In 2018, Sweden’s central bank released a document titled “If Crisis or War Comes”, encouraging citizens to hold cash to deal with contingencies like war with […]

Sterling Bank and Bedrock Initiative tra...

Sterling Bank Plc has partnered with the Bedrock initiative to train young people as part of its contribution to reducing unemployment in the country. The training session took place during Owerri’s Business Week, held recently under the theme: “Gaining Business Momentum”. Speaking at the program in Owerri, the capital of Imo State, Division Head, Business […]

Banking sector: FBR plans to increase th...

PESHAWAR: A tax expert belonging to Khyber Pakhtunkhwa, Muhammad Umair Zeb, has said that the Federal Board of Revenue (FBR), despite receiving a clear budget proposal from the banking sector to abolish the super tax, may increase its rate in the federal budget for 2022-23. Speaking in an online meeting, Umair Zeb said the Ministry […]

Business news, strategy, finance and com...

If you don’t have a VR headset, you can still access the banking metaverse through your mobile, laptop, or gaming desktops. “It’s not just for the elite. We are trying to democratize the 3D experience and extended reality,” says Rajesh Mirjankar, Managing Director and CEO of Kiya.ai. He sees a smartphone-like revolution happening with virtual […]

Westpac Unveils DataX Analytics Service ...

Westpac was using Data Republic, a data governance platform it had invested in through its Reinventure arm, to create data-driven insights for institutional clients before the startup collapsed last May. DataX, which has been in development for two years and was built by an internal Westpac team, was soft launched eight months ago with select […]

Names in the News: The People Shaping th...

Halliburton will lead the foundation Lake Charles Memorial Health System hosts Sol Halliburton as the new Executive Director of the Foundation at Lake Charles Memorial Hospital. She oversees the strategic development and direction of philanthropic partnerships with the community and generous donors. The LCMH Foundation supports the mission of the health system by advancing programs, […]

Business Beat – Perry becomes YCDC’s new

By Dave Sjuts Emily Perry started last week as YCDC’s new Development Coordinator. Perry grew up in York and is excited to take on the role of Development Coordinator for YCDC. Having personally experienced all that York has to offer, such as a top-notch education system, many successful family programs, and endless opportunities for personal […]

ADCB Egypt selects Temenos for next gene...

Download logo ADCB-Egypt, a subsidiary of Abu Dhabi Commercial Bank Group – the third largest bank in the United Arab Emirates, has extended its collaboration with Temenos (SIX: TEMN) (www.Temenos.com) to offer next-generation digital payments on Temenos open composable banking platform. The bank will compose payment solutions to adopt new global standards such as ISO20022 […]

Cathay Bank celebrates its 60th annivers...

LOS ANGELES–(BUSINESS WIRE)–This year marks the 60th anniversary of Cathay Bank. Founded in 1962 in Los Angeles’ Chinatown, the bank’s original purpose was to serve the growing and underserved Chinese-American community in Los Angeles. Cathay Bank became a publicly traded company, through its holding company Cathay General Bancorp, on the Nasdaq in 1990, and by […]

Russia’s central bank lowers policy rate

Russia’s central bank cut its benchmark rate to 11% on Friday and said it saw room for further cuts this year as inflation slows from more than 20-year highs and the he economy is about to contract. She announced the move at a special meeting after cutting the policy rate to 14% in […]

XTM Files First Quarter 2022 Quarterly F...

MIAMI AND TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech innovator broadcasting earned wages and providing access to tips for service workers in the hospitality and personal care space , announced the filing of its unaudited quarterly condensed consolidated Financial Statements and MD&A (“Management report”) […]

When does a company conduct business fra...

LUIS VILLASMIL-UNSPLASH We postulate that the offense sought to be punished under article 165 of the Revised Companies Code (RCC), namely “the exercise of its activities by fraud”, does not provide a definition nor the requirements for determining whether a crime has been committed. For example, it is unclear whether Section 165 only covers the […]

Ask SCORE: Identity Theft Protection for...

QUESTION: Much has been written recently about identity theft and the hacking of individual email accounts. As a small business owner, should I be worried about my business being compromised by these cybercriminals? ANSWERS: You definitely need to be concerned and take many of the same steps people take to protect themselves. In fact, under […]

How to Start a Business in Idaho 2022

ABOUT THE AUTHOR Billy Graham is a highly skilled writer/editor with over 8 years of experience working for content factories, direct clients and SEO marketing agencies. Has extensive expertise in creating unique copy, exceeding editorial goals and delivering first-class customer-focused service in producing results-driven content. Specialties include games, branded content, short to long writing, calls […]

ChoiceOne Bank opens renovated branch in...

ChoiceOne Bank hosted a grand reopening for its remodeled branch in Fremont. The Sparta-based bank held the grand reopening and dedication ceremony for the redone branch at 1423 W. Main St. in Fremont on Thursday, May 12. “As a local community bank, we recognized the need to provide our customers with more convenience, as well […]

Buffett-backed Nubank beats revenue esti...

Find out what clicks on FoxBusiness.com. Nubank reported an increase in revenue on Monday that beat expectations as the Warren Buffett-backed digital bank benefited from a healthy loan book and strong customer additions, pushing its shares up nearly 8% in deals extended. The fintech company has managed to avoid an increase in defaults in its […]

Co-op invests 372 million shillings in u...

Companies Co-op invests 372 million shillings in unit in South Sudan Monday, May 16, 2022 Co-operative Bank branch along Haile Selassie Avenue, Nairobi. FILE PHOTO | NMG By CONSTANT MUNDAMore from this author Summary Last year’s additional investment was made during a period when Co-op Bank South Sudan reduced its net loss to 484.4 million […]

Nigerian Markets Regulator Issues Crypto...

Nigeria’s market regulator has released a set of regulations for digital assets, signaling that Africa’s most populous country is trying to find a middle ground between an outright ban on crypto assets and their unregulated use. Last year, Nigeria’s central bank banned banks and financial institutions from trading or facilitating transactions in digital currencies. […]

CMA licenses three fund managers as Afri...

Capital markets CMA licenses three fund managers as African Alliance drops investment bank Friday, May 13, 2022 Wyckliffe Shamiah, CEO of the Capital Markets Authority (CMA), April 29, 2021. PHOTO | LUCY WANJIRU | NMG By Edna MwendaMore from this author Summary African Alliance Kenya Asset Managers Limited, CPF Financial Services Limited and Kuza Asset […]

DocFox streamlines business account inte...

Bank chooses fintech to simplify account opening for business customers with end-to-end automation BOSTON, May 11, 2022 /PRNewswire/ — DocFox, the leading provider of automated business account opening solutions, today announced that InBank has chosen DocFox to automate account onboarding for its business customers. InBank chose DocFox to automate business account opening With locations throughout […]

Business news, strategy, finance and bus...

There comes a time when we look back and think that a particular situation could have been handled differently. For Uday Kotak, his biggest mistake was believing what the Wall Street Journal and the Financial Times had to say about the 2008 global financial crisis. “I became very cautious. It made me feel like the […]

CRB ratings freeze hurts personal loans,...

Capital markets CRB ratings freeze hurts personal loans, lenders say Monday 09 May 2022 Central Bank of Kenya. FILE PHOTO | NMG By ELIZABETH KIVUVAMore from this author Summary An estimated 99% of the 4.6 million loan accounts listed negatively with the CRBs will have their data frozen after the suspension. CRB data shows companies […]

ANALYSIS-Banks face reversal of fortunes...

Global banks are taking steps to weather the wider impact of war and runaway inflation as the flow of central bank money that has kept them afloat for more than a decade is cut off. But if policymakers hope banks will help stave off recession by turning on their lending taps, they could be disappointed, […]

Positive earnings, banks push European s...

European stocks rose on Tuesday after a string of upbeat earnings, while bank stocks rose as government bond yields hit new highs in anticipation of faster interest rate hikes by global central banks to fight against soaring inflation. The pan-European STOXX 600 index climbed 0.6%, rebounding from a “flash crash” in the previous session caused […]

First Internet Bancorp Announces Termina...

FISHERMEN, Ind.–(BUSINESS WIRE)–First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), today announced that First Century Bancorp (“First Century”) has terminated the agreement and proposed merger between the two companies. Under the agreement, announced on November 2, 2021, completion of the merger was to occur no later than […]

Five Key Accounting Rules for Small Busi...

Accountant at his desk working with a calculator. (Photo by Dafydd Owen/Construction … [+] Photography/Avalon/Getty Images) Getty Images Bookkeeping is probably the last thing small business owners want to do. However, recording financial transactions is essential for the stability of a small business. “It is essential that businesses have an accounting process in place, whether […]

investment banking: JM Financial appoint...

JM Financial has elevated one of its most senior executives, Sonia Dasgupta, to the post of managing director of the Mumbai-based company’s investment banking business. In this new role, she will lead strategic initiatives and accelerate business growth, JM Financial said in a statement. “Sonia is a seasoned investment banking professional with an outstanding track […]

AMP exits private markets business focus...

The logo of AMP Ltd, Australia’s largest retail wealth manager, adorns its headquarters in central Sydney, Australia May 5, 2017. REUTERS/David Gray Join now for FREE unlimited access to Reuters.com Register Sells AMP Capital’s international infrastructure investment business AMP Capital valued at AU$2.04 billion Return net proceeds in cash via return of capital, redemptions April […]

Can ICICI Bank dethrone HDFC Bank as the...

The two giants of the banking space – ICICI Bank and HDFC Bank – are fighting to stay in the number one position. Quarter after quarter, ICICI Bank threatened the management of HDFC Bank, the former announcing steady growth in profits. Even in the March quarter, ICICI Bank’s earnings beat market estimates while […]

Games that foreign banks want to play in...

They are unwilling to explore the mass market, fighting with local banks. The new target is the cream of the retail trade, which has grown at a speed never seen before TopicsForeign banks | BS Notice In March, just a week before Citibank India announced the sale of its consumer assets to Axis […]

What are Swiss banks and how do they wor...

The first Swiss laws protecting customer identities were codified in 1713 AD by authorities in Geneva – a city that by then had become a haven for the wealth of French royalty and European elites. Since then, the notion of secrecy has always been at the center of all banking […]

Stocks to watch: Mindtree, ACC, L&T Info

Markets are expected to start Tuesday’s session on a dismal note amid weak global sentiment. As of 7:30 a.m., SGX Nifty futures were trading at 17,251 levels, about 20 points lower than their previous close. In the meantime, here are a few stocks that could see action in the market today: […]

Central Maine Business Records: Hight Fo...

SKOWHEGAN – Hight Ford has received two of Ford Motor Co.’s highest awards for the third consecutive year. The dealership received the President’s Award and the One Ford Elite Award for 2021, according to a press release from the dealership. Hight won both awards in 2019 and 2020, and the President’s Award in 2016. The […]

New York senator introduces cannabis ban...

Leading up to 4/20, new cannabis products hit the market for an enthusiastic and growing consumer base. This includes intriguing new entrants in all product categories, but also new products delivery methods, like the new refillable glass prerollers from Helmand Valley Growers Co. in California. Think of this new product line as a prepackaged version […]

Oklahoma City’s first banking center ope

OKLAHOMA CITY, Okla.–(BUSINESS WIRE)–Gateway First Bank will host a ribbon-cutting ceremony for the company’s first banking center in Oklahoma City on Wednesday, April 13 at 10:00 a.m. Located at 6303 Waterford Boulevard, Suite 100, the bank is at the intersection of NW 63rd and Pennsylvania Avenue in Oklahoma City. The day’s events include a live […]

Public Employees Union cuts Belize Bank ...

Views : 134 Posted: Sunday, April 10, 2022. 11:18 a.m. CST. By Aaron Humes: The Public Service Union (PSU) announced the withdrawal of union accounts from Belize Bank Limited after meeting with various financial institutions and sharing information with members, which resulted in a vote by its Board of Management. The PSU says […]

Business in Brief, April 9, 2022 | News

2 local farming families honored with the Hoosier Homestead Award INDIANAPOLIS — At the Indiana Statehouse last week, Lt. Gov. Suzanne Crouch and Indiana State Department of Agriculture (ISDA) Director Bruce Kettler presented to 69 families, including two families communities, a Hoosier Homestead Award in recognition of their commitment to Indiana agriculture. . “I always […]

PT Freeport Indonesia values ​​$3.0 bill

Jakarta, Indonesia–(BUSINESS WIRE)–PT Freeport Indonesia (“PT-FI” or the “Company”) today announced that it has priced an offering (the “Note Offering”) of $3.0 billion of senior notes (collectively, the ” Tickets “). Here is a summary of the three tranches of debt: The description Rising (in millions) Maturity 4.763% Senior Notes $750.0 Due April 14, 2027 […]

20 for the Next 20 2021: Where are they ...

Last year’s cohort includes an Olympic gold medalist and someone who worked two jobs and has since added a third. From left to right: Khara Jabole-Carolus, Carissa Moore, Vincent Kimura, Kuhio Lewis Sondra Leiggi Brandon Then and now: Director of Behavioral Health, Queen’s Health Systems Khara Jabola Carolus Then and now: Executive Director, Hawaii State […]

Crédit Agricole’s commercial strategy is

Walie El-Din Lotfy, deputy general manager for the corporate sector at Credit Agricole Egypt, said the bank’s business strategy is in line with the Egyptian government’s objectives. In an exclusive interview with Daily News Egypt, Lotfy said the bank mainly directs funding to sectors that the Egyptian state needs and aims to develop. The bank […]

Taliban ban drug cultivation, including ...

KABUL/PESHAWAR: The Taliban announced on Sunday a ban on the cultivation of narcotics in Afghanistan, the world’s largest producer of opium. “In accordance with the decree of the supreme leader of the Islamic emirate of Afghanistan, all Afghans are informed that henceforth poppy cultivation is strictly prohibited throughout the country,” according to an order from […]

M&T Bank Corporation Completes Acquisiti

Combined Company Creates $200 Billion Banking Franchise Serving Northeast and Mid-Atlantic Communities from Maine to Virginia and Washington, D.C. Systems conversion is expected to take place in the third quarter of 2022 BUFFALO, NY, April 2, 2022 /PRNewswire/ — M&T Bank Corporation (NYSE: MTB) (“M&T”) today announced the successful completion of M&T’s acquisition of People’s […]

SBI Customers ALERT! Internet Banking, ...

New Delhi: Customers of State Bank of India (SBI) will not be able to avail internet banking services, YONO, YONO Lite, YONO Business, UPI from 1:00 p.m. to 4:30 p.m. today due to annual closing activities. Every year, April 1st marks the start of a new financial year, and banks usually carry out such account […]

Business and a whiff of politics behind ...

With three major acquisitions in a few months, the Hungarian spending spree in the Western Balkans has finally reached Albania. Since Viktor Orban became prime minister in 2010, Hungarian companies – some of them linked to Orban’s ruling party, Fidesz, and largely benefiting from lucrative government contracts – have invested heavily in Slovenia, Serbia, North […]

Sensex drops 449 points; decline in ban...

Key Indian stock market indices were trading sharply lower for the fourth consecutive session on Monday, with the benchmark Sensex losing 449 points, led by strong selling pressure on banking and financial stocks. The 30 shares of S&P BSE Sensex traded at 449.38 points or 0.78% down to 56,912.82 points at 12:04 p.m., against the […]

Business People – March 26, 2022 | Bism

Capital Credit Union Rental Tom Ternes was hired as Vice President of Business Services by Capital Credit Union. Ternes has 10 years of professional experience in the financial services sector. Ternes joins CCU from Bank of North Dakota where he had worked since 2012. He graduated from Minnesota Moorhead State University in 2008 with a […]

Gateway joins commercial lending team

TULSA, Okla.–(BUSINESS WIRE)–Gateway First Bank, one of Oklahoma’s largest banking operations, announced that Rob Hoffman and Todd Welch have joined the bank’s leadership team as Vice Presidents, Commercial Lending. Both bankers join Gateway with extensive experience in the banking and financial services industry. Gateway already has a strong mortgage presence in Oklahoma City, Edmond and […]

Fed’s Powell: Digital currencies will re

Federal Reserve Chairman Jerome Powell said new forms of digital currency such as cryptocurrencies and stablecoins pose risks to the US financial system and will require new rules to protect consumers. Powell, speaking on Wednesday at a panel hosted by the Bank for International Settlements, a global organization of central bankers, also said new technologies […]

Stocks fall as oil prices rise; banks, ...

Indian stocks fell on Tuesday, led by heavyweights banking and consumer goods, with a continued rise in crude oil futures further denting sentiment. As of 04:10 GMT, the blue chip NSE Nifty 50 index was down 0.34% at 17,061.15, while the benchmark S&P BSE Sensex slipped 0.38% to 57,076.89. Both indexes gained around 4% last […]

Commercial Bank of Ceylon wants to expan...

The Sri Lanka-based Commercial Bank of Ceylon PLC (CBC) wants to expand SME (small and medium enterprise) lending in Bangladesh with an aim to migrate small businesses to corporate status. The bank that has focused on trade and finance will now strengthen retail banking amid rising spending power of consumers. CBC Bangladesh started its operation […]

Paytm Payments Bank: What an RBI order m...

All existing users of Paytm UPI, Paytm Wallet, Paytm FASTag and bank accounts can continue to use these instruments, including debit cards and online banking, for payments, according to One97 Communications. Paytm Payments Bank was incorporated in August 2016 and officially started operations in May 2017 from a branch in Noida. The Reserve Bank of […]

Dinosaur Group Forms Independent Externa...

NEW YORK–(BUSINESS WIRE)–Dinosaur Group Holdings LLC (“Dinosaur”), parent company of Dinosaur Financial Group, LLC, a US-based institutional brokerage firm regulated by FINRA, and Dinosaur Merchant Bank Limited, a US-based international investment bank United Kingdom, announced the creation of its Independent External Financial Crime Compliance Advisory Council (the “FCC ADVISORY BOARD”) comprised of international FCC experts. […]

Dock Opens Offices in Latin America Amid...

SÃO PAULO–(BUSINESS WIRE)–March 14, 2022– Dock, an innovator in fintech infrastructure in Latin America , today announced the launch of new regional offices and key growth milestones. The new offices are located in Mexico City, Mexico; Lima, Peru; Santiago, Chile; and Bogotá, Colombia. Dock is also setting up operations in Buenos Aires, Argentina, by the […]

Franklin Savings Bank welcomes Rangeley ...

James Eastlack Photo submitted FARMINGTON — James “Jamie” Eastlack recently joined the board of directors of Franklin Savings Bank. After longtime board member Richard Walker retired from the board at the end of last year, replacing the seat with a member of the Rangeley community was important to the board of directors, according to a […]

People on the Move: March 11

People on the Move is an overview of recent hirings, promotions, appointments, and other notable moves by state professionals. If you would like to submit an application, please contact [email protected] Rita Landgraf | Photo courtesy of DBT President Joe Biden appointed Rita Landgraf for the Assistant Secretary for Aging at the US Department of Health […]

Enterprise Financial Services Corp Annou...

ST. LOUIS–(BUSINESS WIRE)–March 8, 2022– Enterprise Financial Services Corp (Nasdaq: EFSC) today announced the appointment of Stephen P. Marsh and Daniel A. Rodrigues as directors of Enterprise Financial Services Corp (the “Company”) effective March 8, 2022. Each of Messrs. Marsh and Rodrigues currently serve as directors of the Company’s wholly-owned subsidiary, Enterprise Bank & Trust […]

Markets slide as soaring oil and gas pri...

The National Electricity Grid Operator (ESO) announces a greener and ‘pioneering’ way of generating inertia in the electricity grid, to make the UK less dependent on gas supplies, including those from Russia , writes my colleague Rob Davies. If all goes according to plan, it could also reduce carbon emissions, bring household bills under control […]

Business people – March 5, 2022 | Bisma

Agency adds sales specialist Roy Eisenbraun was hired as a sales specialist for the Shane Splonskowski agency at American Family Insurance. He comes to American Family with previous customer service experience as a trainer and former first responder at Metro Area Ambulance as well as a veteran of the North Dakota National Guard. Hiring from […]

Midwest Bank Partners with Lendsmart to ...

NEW YORK–(BUSINESS WIRE)–March 3, 2022– Midwest Bank, a locally owned community bank that provides loans, mortgages, financial planning and investment services throughout central Illinois, chose Lendsmart, an AI-powered digital lending platform, to improve its digital home buying and lending operations. This press release is multimedia. View the full press release here: https://www.businesswire.com/news/home/20220303006078/en/ Midwest Bank Selects […]

US concerned about ‘abuses’ of Lebanese

A U.S. Treasury delegation has urged Lebanese authorities to open investigations into what it described as abuses within Lebanon’s banking system by members of the political and economic elite, the U.S. Treasury said on Wednesday. The unusually candid statement released after a three-day visit to Beirut by a high-level delegation did not specify which members […]

The Small Business Business Case for Act...

During the pandemic, the perspective of many small and medium-sized business (SME) owners has changed. Many small businesses may have kept their roots in physical operations and then moved online. Robert Clarkson, chief revenue officer at Payoneer, told Karen Webster of PYMNTS that there has been a shift in how small businesses, even sole proprietorships, […]

Sanctions will test Russia’s ‘fortress’

Since 2014, when the United States and its Western allies imposed sanctions on Moscow following the annexation of Crimea and the downing of Malaysian Airlines Flight 17, the Russian president has been trying to build an economy that can withstand much harsher penalties. Fear of what sanctions could do sent Russian stocks tumbling 33% on […]

Green Dot announces share buyback progra...

AUSTIN, Texas–(BUSINESS WIRE)–Green Dot Corporation (NYSE: GDOT) today announced that its Board of Directors has approved a stock repurchase program with authority to purchase up to $100 million of common stock. The authorization is for an indefinite period. “We are pleased to announce that our Board of Directors has authorized a $100 million share buyback […]

Farmers Bank completes technical convers...

CANFIELD, Ohio — Farmers National Bank Corp. today announced that it has completed the technical conversion with Cortland Bancorp Inc. Technical conversion gives Cortland customers access to Farmers’ digital banking options, as well as its wealth management division, which includes private banking, trust, retirement, insurance and investment services , according to a press release. The […]

Top App Development Trends for Business ...

If you search for smartphone users on the internet, you will be surprised to see the number of users increasing day by day. Regards, all smartphone users need different apps and games to interact smoothly with their smartphones because app development is a trending business which is rapidly increasing day by day. Regards, all smartphone […]

Expanding Online Small Business Loans He...

Small business lending continues to improve steadily, but at a slow pace. While the rebound in percentage approval rates for small business loan applications pales in comparison to the pre-pandemic highs recorded in February 2020, the direction has been generally positive for about a year at this point. For example, small business loan approval percentages […]

Mobile banking adoption increases to 58%

Currencies Mobile banking adoption increases to 58% Friday, February 18, 2022 Signage shows branch banking and mobile money services in a Nyeri store. PICTURES | JOSEPH KANYI | NMG By Edna MwendaMore from this author Summary A customer satisfaction survey conducted by the Kenya Bankers Association (KBA) revealed that mobile banking was the most preferred […]

Nu Holdings Announces Date of Fourth Qua...

SAO PAULO–(BUSINESS WIRE)–Nu Holdings Ltd. (NYSE: NU | B3: NUBR33), one of the world’s largest digital banking platforms and one of the world’s leading technology companies, today announced that it will host a conference call to discuss its fourth quarter 2021 financial results on Tuesday, February 22, 2022 at 5:00 p.m. Eastern Time (7:00 p.m. […]

Rolfe takes a historic route to lead Wic...

WICHITA, Kan. (KWCH) – The path to an influential leadership role in the Wichita business community has not been easy or sudden for John Rolfe. He became the first African American to be named president and CEO of the Wichita Regional Chamber of Commerce after years of hard work and perseverance. Long before becoming president […]

Co-op Bank, IFC in healthcare equipment ...

Market News Co-op Bank, IFC in healthcare equipment financing partnership Monday, February 14, 2022 Branch of the Co-operative Bank along Haile Selassie Avenue, Nairobi. FILE PHOTO | NMG By LYNET IGADWAHMore from this author Summary Businesses, including clinics, hospitals and laboratories with up to 300 employees, will have access to asset financing of up to […]

Black takes the reins of BSE | Business

If a company is “in the dark”, it is considered a good thing. Today, one of Emporia’s oldest companies is pinning its future on a man named Black. Michael Black became president and CEO of ESB Financial on Wednesday. At least, that’s how he understands it. “It was official, the last board meeting,” Black said […]

PNC leader Ric DeVore retires

Ric DeVore, the region’s longtime top executive for PNC Bank, will retire at the end of next month, and taking that spot will be a native Detroiter. DeVore — a 31-year veteran of Pittsburgh-based PNC Bank, with 12 years as regional chairman for Detroit and southeast Michigan — plans to retire effective March 31, according […]