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CONNECT SEARCH DOUBLES CHICAGO PRESENCE, LAUNCHES FINANCIAL CONSULTING PRACTICE


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

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U.S. BANK INCREASES PRIME LENDING RATE TO 3.50 PERCENT


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

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FSC LAUNCHES LOCUM ADVICE FOR FINANCIAL ADVISERS WEBINAR


The FSC has launched an invaluable guide to help professional financial advice providers to plan for business succession in times of disruption and change: its Locum Financial Advice Arrangements – A Guide for Financial Advice Providers document. When financial advice was brought under the Financial Markets Conduct Act 2013 on 15 March 2021, industry regulation

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COINSHARES MAKES FURTHER STRATEGIC INVESTMENT IN FLOWBANK TO ENHANCE ITS INTEGRATED STRATEGY


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

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HORIZON COMMUNITY BANK TO COMBINE WITH ARIZONA FEDERAL CREDIT UNION


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

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VISA COMPLETES ACQUISITION OF TINK


Visa today announced that it has completed the acquisition of Tink, an open banking platform that enables financial institutions, fintechs and merchants to create products and financial services and to transfer money. Through a single API, Tink enables its customers to make money transfers, access aggregated financial data, and use smart financial services such as risk

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WHAT IS THE SWIFT SYSTEM: WHAT BUSINESSES NEED TO KNOW ABOUT THIS MESSAGING SYSTEM


Small businesses depend on financial intermediaries like banks to manage their money and facilitate wire transfers to pay their workers, suppliers, and manufacturers overseas. In turn, banks use SWIFT to process most of these cross-border payments between firms banked in different countries. This article lists what you need to know about the SWIFT messaging system.