FinancialForce, the leading provider of customer-centric business applications across finance, services, and customer success teams, today announced the release of FinancialForce Planning, an all-on-one platform financial planning & analysis solution that empowers teams to run a digital business and become valuable partners to the entire organization. Combined with a unified, 360-degree view of customers, the
EmPRO Insurance Company and its parent company (“EmPRO” or collectively “the Company”), the third largest admitted medical malpractice insurer in New York State, today announced that the Company recorded another year of outstanding financial performance in 2021, growing its surplus by $29 million, achieving $16 million in underwriting gains, and achieving a combined ratio of 78.9
Connect Search, LLC., a finance, accounting, and IT professional recruitment firm, is proud to announce the launch of its new financial consulting practice, Connect Financial Consulting (CFC), rounding out its offerings in staffing and placement services within its finance & accounting vertical. Additionally, as the company marks its 10-year anniversary in Chicago, the firm announces
U.S. Bancorp announced it has increased its prime lending rate to 3.50 percent from 3.25 percent, effective tomorrow, March 17, 2022, at all U.S. Bank locations. U.S. Bancorp, with nearly 70,000 employees and $573 billion in assets as of December 31, 2021, is the parent company of U.S. Bank National Association. The Minneapolis-based company serves
Leading global employee pay provider CloudPay today announced a new partnership with Visa to reduce payroll payment cycles that typically take 2-3 days through banking systems, down to seconds. The new digital payment method makes salary payments direct to employees’ debit or credit cards using Visa Direct, Visa’s real-time push payment platform. Visa Direct leverages the payment
IDT Corporation, a global provider of fintech, cloud communications, and traditional communications services, announced today that it has acquired Leaf Global Fintech Corporation (Leaf), an award-winning provider of digital wallet services in emerging markets currently serving unbanked customers in Rwanda, Uganda, and Kenya. Read More
CoinShares, Europe’s largest and longest standing digital asset investment firm, today announced that following approval from the Swiss Financial Market Supervisory Authority, has acquired an additional 20.8% stake in Swiss-based FlowBank. This acquisition was priced at CHF 24,740,000. Following the Company’s October 2021 strategic investment of a 9.02% stake in FlowBank, today’s disclosure brings CoinShares
Horizon Community Bank, an Arizona state-chartered bank headquartered in Lake Havasu City, Arizona and wholly-owned subsidiary of Horizon Bancorp, Inc., announced that it has entered into a definitive agreement for Arizona Federal Credit Union to acquire Horizon Community pursuant to a purchase and assumption transaction. Horizon Community was founded in 2002 and currently operates six
Dechert LLP is pleased to announce that Edward “Jay” Southgate has joined the global finance practice as an asset finance and securitization partner based in New York. An experienced capital markets lawyer, Mr. Southgate represents financial institutions, issuers and underwriters in private placements of residential mortgage and asset-backed securities, with a particular focus on consumer lending
Finastra has opened its fourth annual global Hackathon. Building on the success of its previous events – to redefine finance for good and build an unbiased fintech future – this year’s launch coincides with International Women’s Day (IWD), aiming to inspire the fintech space to be open by default. This year the hackathon encourages engagement beyond
A council formed by traditional finance conglomerates American Express, Discover, Visa and Mastercard welcomes a decentralized finance (DeFi) banking firm to a forum of participating organizations that help to improve payment data security worldwide. Read More
Santander Consumer USA Inc., a wholly owned subsidiary of Santander Holdings USA, Inc. (“Santander US”), today announced the expansion of its partnership with AutoFi Inc. (“AutoFi”), a leading e-commerce platform for automotive sales and financing, to develop SC’s end-to-end digital car buying experience. Santander US has also invested in the capital raise announced today by AutoFi, strengthening the Santander/AutoFi
