Square Financial Services Launches Grant Program to Boost Community Development in Utah
Square Financial Services, a Utah state-chartered industrial bank and a subsidiary of Block, Inc., has announced the launch of its 24 Squared grant initiative, in collaboration with the Community Foundation of Utah (CFU). Building on the success of the 22…
91% of APAC Businesses Prioritize Fraud Prevention; Demand for Virtual Card Numbers Rises
Discover® Global Network, a leading global payment network, has released the second segment of its 2024 Payment State of the Union, providing critical insights into the commercial payments landscape. Commissioned by Discover Global Network and conducted by 451 Research of…
KOHO Boosts Renters’ Credit with New Rent Reporting, Cash Back, and Tenant Insurance
KOHO has consistently developed products aimed at helping Canadians achieve financial success. With the introduction of Rent Reporting, KOHO is now making it easier for Canadians to build a strong credit history. New and existing KOHO members who use the…
Sensedia Launches Fintech API Platform to Boost Agility and Ecosystem Growth
Sensedia has introduced the Fintech API Accelerator Platform, an agile and adaptive embedded finance API and integration solution designed to help fintechs rapidly scale their ecosystem strategies. The platform supports the incorporation of AI products and open banking/finance readiness, enabling…
First Trust Announces Results of Shareholder Vote on Fund Reorganization
First Trust Advisors L.P. (“FTA”) today announced the results of the special meeting of shareholders for Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (NYSE: MFD) held on August 22, 2024. Shareholders have approved the reorganization of MFD into abrdn…
Berkshire Hathaway HomeServices Georgia Properties Launches New User-Friendly Website
Berkshire Hathaway HomeServices Georgia Properties is excited to announce the launch of its newly designed website, aimed at providing an exceptional browsing experience for home buyers and sellers. DeAnn Golden, President and CEO, expressed her enthusiasm, stating, “Our new website…
OP Bancorp Unveils Leadership Succession Plans
OP Bancorp (NASDAQ: OPBK), the holding company for Open Bank, today announced upcoming leadership changes as part of its succession plan. These transitions will begin immediately and are expected to be completed by June 30, 2025. Chief Executive Officer Min…
Advantage Credit Announces Integration with ScoreNavigator
Advantage Credit Inc., a leading provider of credit reporting services, is excited to announce its integration with ScoreNavigator. This partnership will offer lenders an enhanced toolset to help borrowers improve their creditworthiness. Patrick Tynan, Executive Vice President of Sales Operations…
Private Credit: Khoros’ Default Risks Spread Across the Sector
On August 9, KBRA DLD, a division of KBRA Analytics, added Khoros, LLC (formerly Lithium Technologies, LLC) to its Default Radar Red List. This move followed a significant markdown by Goldman Sachs BDC, which reduced its fair value mark on…
Merchants & Marine Bancorp Names Paige Oliver as New Brand President and CEO
Clayton Legear, President & CEO of Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), has announced Paige Oliver as the new Brand President & CEO of Merchants & Marine Bank. Oliver, who previously led the Bank of Oak Ridge in Oak…
Bernstein Litowitz and Former SEC Commissioner Launch Task Force to Protect Brokerage Customers
In response to recent revelations about artificially low interest rates paid by cash sweep programs at major financial institutions, Bernstein Litowitz Berger & Grossmann LLP (BLB&G) has launched a new Cash Sweep Task Force. This initiative aims to advocate for…
Cumula 3 Teams Up with Paystand for Fast, Fee-Free Cloud and Payment Solutions
Cumula 3, a leading provider of cloud-based solutions for NetSuite, has announced a strategic partnership with Paystand, a leader in next-generation B2B payment solutions. This collaboration will integrate Paystand’s advanced payment platform into Cumula 3’s suite of NetSuite services, offering…