Economic history of Italy

Citizens Bank Offers Three Steps Every Consumer Should Take To Reduce Exposure to Fraud

Retrieved on: 
Wednesday, June 19, 2019
Other Consumer, Technology, Security, Professional services, Banking, Finance, Consumer, Financial services, Economy, Finance, Payment systems, Primary dealers, Bank, Banking, Economic history of Italy, Debit card, Citigroup

While this is great news for consumers, it is only part of the story when it comes to keeping your money safe.

Key Points: 
  • While this is great news for consumers, it is only part of the story when it comes to keeping your money safe.
  • View the full release here: https://www.businesswire.com/news/home/20190619005054/en/
    Industry data shows us that for 10,000 debit card transactions, as many as 25 are fraudulent, said Jason Castillo, head of enterprise fraud management at Citizens Bank.
  • Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with$161.3 billionin assets as of March31, 2019.
  • Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings.

First National Bank Demonstrates Commitment to Customer Experience, Security with Full Suite of Retail Banking Technology from ARGO

Retrieved on: 
Wednesday, June 19, 2019
Technology, Software, Security, Professional services, Banking, Economy, Bank, Banking, Economic history of Italy

Corporation (NYSE: FNB), has selected its suite of retail banking technology to support a secure, convenient, seamless customer experience across multiple channels.

Key Points: 
  • Corporation (NYSE: FNB), has selected its suite of retail banking technology to support a secure, convenient, seamless customer experience across multiple channels.
  • First National Bank selected ARGO because they have a proven track record of being innovative and providing investment longevity for their solutions, said Mark Quinlan, Chief Information Officer for FNB.
  • Sam Kirsch, FNBs Chief Digital Officer, added: ARGO supports our Clicks to Bricks strategy which brings additional technology and convenience to our physical locations.
  • Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing.

4finance Passes €7 Billion Online Lending Milestone

Retrieved on: 
Tuesday, June 18, 2019
Technology, Online Retail, Software, Professional services, Finance, Retail, Financial services, Economy, Banking, Finance, Bank, Economic history of Italy, Loans

4finance Holding S.A. (the Group), one of Europes largest digital consumer lending groups, announces that it has issued more than 7 billion in online loans since the Group was established in 2008.

Key Points: 
  • 4finance Holding S.A. (the Group), one of Europes largest digital consumer lending groups, announces that it has issued more than 7 billion in online loans since the Group was established in 2008.
  • The 7 billion milestone reflects 4finances successful ongoing transition into longer term credit offers with instalment loans and lines of credit, including the banking business, now representing over 50% of the Groups net portfolio.
  • Single payment loans now represent just 22% of 4finance Groups net portfolio, down from 30% a year ago.
  • Established in 2008, 4finance is one of Europes largest digital consumer lending groups with operations in 14 countries.

Desert Financial Becomes First Arizona Credit Union to Unveil Voice Banking for Members

Retrieved on: 
Tuesday, June 18, 2019
Technology, Consumer electronics, Other Technology, VoIP, Professional services, Banking, Financial services, Economy, Banking, Bank, Economic history of Italy

The credit union also announced an impending rollout of voice banking with Google Assistant, a partnership that has only been executed in two other global financial institutions.

Key Points: 
  • The credit union also announced an impending rollout of voice banking with Google Assistant, a partnership that has only been executed in two other global financial institutions.
  • This will likely make Desert Financial the first credit union in the country to offer voice banking with the technology.
  • Desert Financial Credit Union , which turned 80 years old last month, is Arizonas oldest and largest credit union, and believes strongly in the power of innovation through technology.
  • Desert Financial is committed to bringing our members the latest in secure banking innovations, including online account opening, mobile banking, and now, voice banking, says Jeff Meshey, President & CEO of Desert Financial.

PCMA Opinion Report: New Lending To Accommodate The New Economy

Retrieved on: 
Tuesday, June 18, 2019
Other Consumer, Professional services, Finance, Human resources, Consumer, Bank, Banking, Economic history of Italy, Economy

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announced a new opinion report on lending in the new economy.

Key Points: 
  • PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announced a new opinion report on lending in the new economy.
  • Read PCMAs earlier opinion report on private client lending by clicking here: Private Client Lending In The Era Of Non-QM
    PCMA is the leading non-bank private client lending organization serving the needs of their mass affluent and high net worth clientele.
  • PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes.
  • PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model.

Idea Financial Closes $70 Million Warehouse Facility with Cross River

Retrieved on: 
Monday, June 17, 2019
Professional services, Banking, Consulting, Finance, Construction & Property, Commercial Building & Real Estate, Bank, Banking, Economic history of Italy, Economy

Idea Financial , a leading small business lender, announced that it successfully closed a $70 million warehouse facility with Cross River Bank (Cross River), a pioneering provider of banking services for financial technology companies.

Key Points: 
  • Idea Financial , a leading small business lender, announced that it successfully closed a $70 million warehouse facility with Cross River Bank (Cross River), a pioneering provider of banking services for financial technology companies.
  • This is Cross Rivers first commercial warehouse facility and Idea Financials first domestic financing partnership.
  • This financing will allow Idea Financial to scale and marks the beginning of a very important strategic relationship between Cross River and Idea Financial, said Justin Leto, co-founder and CEO of Idea Financial.
  • Larry Bassuk, co-founder and President of Idea Financial, added: With this facility in place, Idea Financial will continue providing competitively priced financing solutions so our small and medium sized business clients can grow and thrive.

The Gratz Bank to Acquire the Trevorton Branch of Riverview Bank

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Banking, Finance, Other Professional Services, Bank, Banking, Economic history of Italy, Economy

GNB Financial Services, Inc., the parent company of The Gratz Bank, and Riverview Financial Corporation, the parent company of Riverview Bank, jointly announced today the execution of a definitive agreement whereby The Gratz Bank will acquire the Trevorton Branch and its deposits and customers of Riverview Bank located at 450 West Shamokin Street, Trevorton, PA.

Key Points: 
  • GNB Financial Services, Inc., the parent company of The Gratz Bank, and Riverview Financial Corporation, the parent company of Riverview Bank, jointly announced today the execution of a definitive agreement whereby The Gratz Bank will acquire the Trevorton Branch and its deposits and customers of Riverview Bank located at 450 West Shamokin Street, Trevorton, PA.
  • Riverview Banks Trevorton Branch customers will be receiving additional information related to the sale in the near future.
  • Upon completion of the transaction, The Gratz Bank will operate six branch locations and a loan production office.
  • The Gratz Bank is a full-service bank that provides consumers and businesses with loans, deposit accounts, and other financial services.

Alternative Lending on the Rise for U.S. Small Businesses

Retrieved on: 
Wednesday, June 12, 2019
Economy, Money, Finance, Bank, Banking, Economic history of Italy, Borro Private Finance, Credit

Bank loan success rates are also down for both small and mid-sized businesses, with 32% of small businesses (down from 41% the previous quarter) and 89% of mid-sized businesses (down from 95% the previous quarter) reporting success rates for bank loans.

Key Points: 
  • Bank loan success rates are also down for both small and mid-sized businesses, with 32% of small businesses (down from 41% the previous quarter) and 89% of mid-sized businesses (down from 95% the previous quarter) reporting success rates for bank loans.
  • "However, small businesses need to do their due diligence such as looking at lender backgrounds, past history with other borrowers and fees and penalties.
  • Fifty-two percent (52%) of surveyed small businesses perceive the current business financing environment is negatively impacting their growth opportunities, an increase from 47% in Q1.
  • Small businesses shared that raising financing is difficult in the current lending environment, with 61% reporting difficulty in raising equity financing and 60% reporting difficulty in acquiring debt financing in Q1.

Committee to question Post Office on banking service in Scotland

Retrieved on: 
Wednesday, June 12, 2019
Financial services, Economy, Banking, Finance, Bank, Economic history of Italy, Post Office Ltd, J.P. Morgan in the United Kingdom, Mashreq

Questions raised amid concerns over capacity of the Post Office to compensate for widespread bank closures

Key Points: 
  • The Scottish Affairs Committee will question representatives of the Post Office about its banking services and the stability of its network Scotland followed by a session with Economic Secretary to the Treasury John Glen MP.
  • The Scottish Affairs Committee will hear about the health of the Post Office in Scotland in the final session of its access to financial services inquiry.
  • The Post Office has become a major provider of banking services, such as cash deposits for businesses.
  • In this session the Committee will question the Post Offices Banking Director and the Network Development Director on the stability of branches in Scotland, and the Post Offices plans for the future of their banking services.

Committee to question Post Office on banking service in Scotland

Retrieved on: 
Wednesday, June 12, 2019
Financial services, Economy, Banking, Finance, Bank, Economic history of Italy, Post Office Ltd, J.P. Morgan in the United Kingdom, Mashreq

Questions raised amid concerns over capacity of the Post Office to compensate for widespread bank closures

Key Points: 
  • The Scottish Affairs Committee will question representatives of the Post Office about its banking services and the stability of its network Scotland followed by a session with Economic Secretary to the Treasury John Glen MP.
  • The Scottish Affairs Committee will hear about the health of the Post Office in Scotland in the final session of its access to financial services inquiry.
  • The Post Office has become a major provider of banking services, such as cash deposits for businesses.
  • In this session the Committee will question the Post Offices Banking Director and the Network Development Director on the stability of branches in Scotland, and the Post Offices plans for the future of their banking services.