American Bankers Association

American Banker announces finalists for The Most Influential Women in Fintech award, celebrating female founders and thought leaders in financial technology

Retrieved on: 
Tuesday, May 9, 2023

NEW YORK, May 9, 2023 /PRNewswire-PRWeb/ -- American Banker, Arizent's essential resource for senior executives in financial services, has released the list of finalists for the new recognition program, The Most Influential Women in Fintech.

Key Points: 
  • The award honors women leaders in the fintech community who are paving the way for the industry's future while championing critical issues like diversity, inclusion and mentorship.
  • The inaugural list of finalists includes 20 women leaders from organizations that vary in size and business concentration.
  • "It's no secret that women are underrepresented in the C-suites of financial technology companies, so we're shining a spotlight on standout women in the sector," says Penny Crosman, Executive Editor, Technology at American Banker.
  • "These are incredible leaders driving innovation and creating a more diverse, inclusive industry, and they should be recognized for their achievements."

Trade Finance Disruptor 1TCC™ Unveils Capital-Efficient Inventory Funding Solution at BAFT Conference to Serve Top Clients Amid Flight to Quality Assets

Retrieved on: 
Wednesday, May 3, 2023

Capital efficiency firm 1TCC™ today unveiled its supply chain management solution and integrated inventory funding program to several hundred bankers and financiers at the Bankers Association for Finance and Trade (BAFT) Global Annual Meeting 2023 in San Francisco.

Key Points: 
  • Capital efficiency firm 1TCC™ today unveiled its supply chain management solution and integrated inventory funding program to several hundred bankers and financiers at the Bankers Association for Finance and Trade (BAFT) Global Annual Meeting 2023 in San Francisco.
  • The trade finance disruptor introduced its namesake 1TCC™ solution and platform, the world's first platform to manage and optimize procurement, and hold and fund inventories for large, investment-grade clients – at a time when economic conditions are squeezing access to capital for many large OEMS, and bankers are looking for safer bets on quality assets.
  • “Current global supply chain fragilities are driving manufacturers to increase safety stock to secure their operations against risk and uncertainty - but this puts adverse demands on the company's working capital to fund this need.
  • Until recently, 1TCC™ was known as TCC (Trade Capital Corporation).

FTC Releases Speaker List for May 4 Informal Hearing on Government and Business Impersonation Rule

Retrieved on: 
Tuesday, May 2, 2023

The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023.

Key Points: 
  • The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023.
  • Chief Administrative Law Judge D. Michael Chappell will preside over the hearing, which will be held virtually and livestreamed on ftc.gov.
  • - USTelecom – The Broadband Association (speaker: Joshua M. Bercu, Vice President, Policy & Advocacy)
    - Neil Chilson, Esq.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

FTC Releases Speaker List for May 4 Informal Hearing on Government and Business Impersonation Rule

Retrieved on: 
Tuesday, May 2, 2023

The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023.

Key Points: 
  • The Federal Trade Commission will hold an informal hearing on its proposed rule prohibiting government and business impersonation at 1 p.m. on May 4, 2023.
  • Chief Administrative Law Judge D. Michael Chappell will preside over the hearing, which will be held virtually and livestreamed on ftc.gov.
  • - USTelecom – The Broadband Association (speaker: Joshua M. Bercu, Vice President, Policy & Advocacy)
    - Neil Chilson, Esq.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Nicola Wealth Appoints John Montalbano & Carrie Russell to the Board of Directors

Retrieved on: 
Thursday, April 6, 2023

Vancouver, BC, April 06, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada's fastest-growing independent wealth management firms, today announced the appointment of John Montalbano and Carrie Russell to its Board of Directors.

Key Points: 
  • Vancouver, BC, April 06, 2023 (GLOBE NEWSWIRE) -- Nicola Wealth, one of Canada's fastest-growing independent wealth management firms, today announced the appointment of John Montalbano and Carrie Russell to its Board of Directors.
  • John and Carrie join two previously appointed independent directors Tom Shepansky and Anne-Marie Thomas on the Nicola Wealth board of directors.
  • "We're excited to welcome John and Carrie to our board of directors; their deep experience in financial and technology businesses will be invaluable to Nicola Wealth as we grow our business and serve our clients," said John Nicola, Chairman and Chief Executive Officer of Nicola Wealth.
  • “I know that all of us will benefit from their tremendous insight, experience, and shared commitment to making a difference."

Citizens Bank of Edmond Partners with Narmi to Enhance the Customer Experience with Effortless Digital Account Opening

Retrieved on: 
Thursday, April 6, 2023

EDMOND, Okla., April 6, 2023 /PRNewswire-PRWeb/ -- Citizens Bank of Edmond is pleased to announce that it has joined forces with Narmi, a leading provider of digital banking technology, to offer an effortless digital account opening experience for both its business and consumer customers.

Key Points: 
  • EDMOND, Okla., April 6, 2023 /PRNewswire-PRWeb/ -- Citizens Bank of Edmond is pleased to announce that it has joined forces with Narmi, a leading provider of digital banking technology, to offer an effortless digital account opening experience for both its business and consumer customers.
  • Citizens Bank of Edmond, founded in 1901, has earned a reputation as a leader in embracing technology and community development across Oklahoma.
  • As the bank's CEO, Jill Castilla has been instrumental in driving its success, helping the bank receive numerous awards for innovation.
  • Narmi serves as the "digital front door" for community financial institutions, with Citizens Bank of Edmond being the latest addition to its growing customer base.

ServisFirst Bank Correspondent Banking Division Announces Expansion into Texas

Retrieved on: 
Tuesday, March 28, 2023

ServisFirst Bank , a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the expansion of the Correspondent Banking Division into Texas.

Key Points: 
  • ServisFirst Bank , a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announces the expansion of the Correspondent Banking Division into Texas.
  • Founded in 2011, ServisFirst Bank’s Correspondent Banking Division currently operates in 27 states for 344 correspondent bank customers.
  • “We are excited to expand our Correspondent Banking Division into Texas to offer a program that will help banks offer quality products and solutions to their customers,” states Rodney Rushing, ServisFirst Bank Executive Vice President and Chief Operating Officer.
  • “With Don’s leadership and wide-ranging banking experience, ServisFirst will continue to provide exceptional service across the United States.”
    Don Dickerson joins the ServisFirst Bank Texas Correspondent Banking Division as Senior Vice President, Correspondent Banking with several decades of banking experience.

World Trade Board launches plan to empower SMEs through trade and finance

Retrieved on: 
Monday, March 27, 2023

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs. Developed with contributions from major industry bodies and international stakeholders, the Financial Inclusion in Trade Roadmap identifies five key areas where coordinated action can make a significant impact. Crucially, the Roadmap aims to accelerate the pace of change by providing a holistic framework for public and private sector collaboration.

Key Points: 
  • LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs.
  • MSMEs make up around 90% of businesses globally, but accounted for just 23% of applications for trade finance in 2020.
  • Michael Vrontamitis, Deputy Chair of the World Trade Board, said: "Difficulty accessing finance means MSMEs are greatly under-represented in global trade.
  • The Financial Inclusion in Trade Roadmap can be found at the World Trade Symposium website and feedback should be sent to [email protected] .

World Trade Board launches plan to empower SMEs through trade and finance

Retrieved on: 
Monday, March 27, 2023

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs. Developed with contributions from major industry bodies and international stakeholders, the Financial Inclusion in Trade Roadmap identifies five key areas where coordinated action can make a significant impact. Crucially, the Roadmap aims to accelerate the pace of change by providing a holistic framework for public and private sector collaboration.

Key Points: 
  • LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs.
  • MSMEs make up around 90% of businesses globally, but accounted for just 23% of applications for trade finance in 2020.
  • Michael Vrontamitis, Deputy Chair of the World Trade Board, said: "Difficulty accessing finance means MSMEs are greatly under-represented in global trade.
  • The Financial Inclusion in Trade Roadmap can be found at the World Trade Symposium website and feedback should be sent to [email protected] .

Emprise Bank lands marquee hire to lead innovation, BaaS efforts

Retrieved on: 
Monday, March 27, 2023

The first 18 years of her career were spent at U.S. Bank in a number of roles in retail banking and payments.

Key Points: 
  • The first 18 years of her career were spent at U.S. Bank in a number of roles in retail banking and payments.
  • In her role at Emprise, Woyke will lead the strategy and growth of Emprise Embedded, the Banking-as-a-Service offering the bank launched in 2022.
  • "Whitney's reputation as a demonstrated leader in the BaaS space is recognized industrywide," said Emprise Bank Chairman and CEO Matt Michaelis.
  • She currently resides in St. Louis, Missouri, and will travel to Wichita regularly to be in person with her team.