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
Insider today announced a new editorial feature series, Financing a Sustainable Future. It will spotlight how sustainable finance can scale the environmental transition and accelerate social opportunities. The series will explore the critical need to create a healthier and more equitable future for all and how through the collective efforts of nonprofits, governments, public and private
Apple Pay news and Barclaycard Payments has introduced Apple Pay support to its Precision pay Go virtual Visa card. Why does this matter? The card is popular among business users and enables employees to equip staff with virtual Visa cards for use via Apple Pay to handle business-related expenses. Read More
Dechert LLP announced today that Kathleen “Kate” Mylod has rejoined the firm’s global finance practice as a commercial real estate finance partner based in New York. Ms. Mylod was previously an associate at Dechert before joining another law firm; she also served as in-house investment counsel at The Hartford, a leader in property and casualty insurance, group
Frost Bank, one of the largest banks based in Texas, has joined hands with Plaid, a data network that powers the digital financial ecosystem, to To help Frost customers integrate their accounts securely and easily. and finance online. Through its highly ranked mobile app and online banking site, Frost customers will now be able to
Payflo, a leading provider in physical check fulfilment services in North America today announced a partnership with DataBlend, an Integration Platform as a Service (iPaaS) solution that allows accounting and finance professionals to create secure data integrations. The new partnership aims to expand Payflo’s digital integration capabilities for customers that are using the check payment
Western sanctions on Moscow could throw the small but lucrative Russian investment banking business that several large U.S. banks have maintained into question, lawyers said, which could deal a hit to tens of millions of dollars in fees. Major U.S. banks, including JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and Citigroup Inc (C.N), have
Encore Funding, an alternative lender that unlocks capital and strategic support for entrepreneurs in the staffing and transportation industries, is pleased to announce its acquisition of two national companies: Millennium Funding, another alternative lender that provides working capital to the staffing and transportation industry and TemPay LLC, a leading payroll provider for temporary staffing agencies.
