Financial services

Fauquier Bankshares, Inc. Names Chip S. Register Executive Vice President & Chief Operating Officer

NetBank, Vice president, Banks, Financial services, Banking

Friday, January 17, 2020 - 4:30pm

WARRENTON, Va., Jan. 17, 2020 /PRNewswire/ --Fauquier Bankshares, Inc. (NASDAQ: FBSS) (the "Company") announced today that on January 16, 2020, the Board of Directors of the Company promoted Chip S. Register, currently the Company's Senior Vice President, Chief Administrative Officer & Chief Information Officer, to the position of Executive Vice President and Chief Operating Officer effective January 17, 2020.

Key Points:

WARRENTON, Va., Jan. 17, 2020 /PRNewswire/ --Fauquier Bankshares, Inc. (NASDAQ: FBSS) (the "Company") announced today that on January 16, 2020, the Board of Directors of the Company promoted Chip S. Register, currently the Company's Senior Vice President, Chief Administrative Officer & Chief Information Officer, to the position of Executive Vice President and Chief Operating Officer effective January 17, 2020.
Mr. Register has served as Senior Vice President, Chief Administrative Officer & Chief Information Officer since June, 2016.
From September 2008 to June 2016, Mr. Register served as the Chief Information Officer of the Company.
Prior to joining the Company in 2008, Mr. Register served as Senior Vice President and Chief Information Officer of NetBank, Inc., the parent company of the digital bank NetBank, a mortgage banking and financial services company.

US and Global Markets and Trends, 11th Edition - Commercial Cards & B2B Payment Services - ResearchAndMarkets.com

Banking, Professional services, Finance, Economy, Financial services, Money, Payment systems, Online payments, Debit card, Payment, Cheque, OpenEdge

Friday, January 17, 2020 - 3:58pm

The "Commercial Cards and B2B Payment Services: U.S. and Global Markets and Trends, 11th Edition" report has been added to ResearchAndMarkets.com's offering.

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The "Commercial Cards and B2B Payment Services: U.S. and Global Markets and Trends, 11th Edition" report has been added to ResearchAndMarkets.com's offering.
The author's Commercial Cards and B2B Payment Services: The U.S. and Global Markets and Trends, 11th Edition provides needed insight into a growing market on the cusp of change.
Provides a global payment card commercial card market size and forecast through 2022, with supporting the analysis of global, U.S. and non-U.S. consumer and commercial credit card and debit card payment value growth during 2014-2018.
Provides global and U.S. ACH, cash and check, and payment card value payment value, including B2B payments; and a proprietary estimate for 2014-2018 U.S. B2B payment value by expenditure input.

2020 Competitor Profile: Credit Suisse Private Banking

Economy, Financial services, Finance, Banking, Primary dealers, Credit Suisse, Private banking, Wealth management, Investment banking, Bank, UBS

Friday, January 17, 2020 - 2:45pm

DUBLIN, Jan. 17, 2020 /PRNewswire/ -- The "Competitor Profile: Credit Suisse Private Banking" company profile has been added to ResearchAndMarkets.com's offering.

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DUBLIN, Jan. 17, 2020 /PRNewswire/ -- The "Competitor Profile: Credit Suisse Private Banking" company profile has been added to ResearchAndMarkets.com's offering.
It provides private banking and wealth management, corporate banking, investment banking, and retail banking services to individuals, corporations, and institutions in approximately 50 countries.
This competitor profile provides a comprehensive analysis of Credit Suisse's private banking and wealth management operations.
Examine the financial performance, key ratios, and AUM growth of Credit Suisse and its private banking business, and benchmark this competitor against other global wealth managers.

Citi Launches $150 Million Impact Investing Fund

Banking, Professional services, Finance, Economy of New York City, Midtown Manhattan, Subprime mortgage crisis, Michael Corbat, Citigroup, Companies, Financial services

Friday, January 17, 2020 - 2:04pm

Citi announced today the launch of the $150 million Citi Impact Fund that will make equity investments in double bottom line private sector companies that have a positive impact on society.

Key Points:

Citi announced today the launch of the $150 million Citi Impact Fund that will make equity investments in double bottom line private sector companies that have a positive impact on society.
It takes companies of all sizes to address the challenges our society faces today, said Citi CEO Michael Corbat.
This fund will complement Citis existing efforts, with the goal of achieving financial returns while making a positive societal impact.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

The Valens Company Secures DTC Eligibility

Money, Finance, Central Securities Depositories, Financial services, Payment systems, Depository Trust & Clearing Corporation, OTC Markets Group, Valens, DTC, Settlement

Friday, January 17, 2020 - 2:37am

KELOWNA, BC, Jan. 16, 2020 /PRNewswire/ -Valens GroWorks Corp (TSXV: VLNS) (OTCQX: VLNCF)(the "Company", "Valens" or "The Valens Company"), a vertically integrated provider of industry-leading extraction products and services; including a diverse suite of extraction methodologies, next generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab, is pleased to announce that it has obtained eligibility from the Depositary Trust Company ("DTC") for its shares traded on the OTCQX, under the symbol "VLNCF."

Key Points:

KELOWNA, BC, Jan. 16, 2020 /PRNewswire/ -Valens GroWorks Corp (TSXV: VLNS) (OTCQX: VLNCF)(the "Company", "Valens" or "The Valens Company"), a vertically integrated provider of industry-leading extraction products and services; including a diverse suite of extraction methodologies, next generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab, is pleased to announce that it has obtained eligibility from the Depositary Trust Company ("DTC") for its shares traded on the OTCQX, under the symbol "VLNCF."
"Executing on our milestone of obtaining DTC eligibility demonstrates Valens' commitment to increased visibility and accessibility for shareholders moving into fiscal 2020," said Tyler Robson, CEO of The Valens Company.
The DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies.
The Valens Company is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products.

The Valens Company Secures DTC Eligibility

Money, Finance, Central Securities Depositories, Financial services, Payment systems, Depository Trust & Clearing Corporation, OTC Markets Group, Valens, DTC, Settlement

Thursday, January 16, 2020 - 11:17pm

KELOWNA, BC, Jan. 16, 2020 /PRNewswire/ -Valens GroWorks Corp (TSXV: VLNS) (OTCQX: VLNCF)(the "Company", "Valens" or "The Valens Company"), a vertically integrated provider of industry-leading extraction products and services; including a diverse suite of extraction methodologies, next generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab, is pleased to announce that it has obtained eligibility from the Depositary Trust Company ("DTC") for its shares traded on the OTCQX, under the symbol "VLNCF."

Key Points:

KELOWNA, BC, Jan. 16, 2020 /PRNewswire/ -Valens GroWorks Corp (TSXV: VLNS) (OTCQX: VLNCF)(the "Company", "Valens" or "The Valens Company"), a vertically integrated provider of industry-leading extraction products and services; including a diverse suite of extraction methodologies, next generation cannabinoid delivery formats and an ISO 17025 accredited analytical lab, is pleased to announce that it has obtained eligibility from the Depositary Trust Company ("DTC") for its shares traded on the OTCQX, under the symbol "VLNCF."
"Executing on our milestone of obtaining DTC eligibility demonstrates Valens' commitment to increased visibility and accessibility for shareholders moving into fiscal 2020," said Tyler Robson, CEO of The Valens Company.
The DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies.
The Valens Company is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products.

U.S. and Global Commercial Cards and B2B Payment Services Markets to 2022 - Size & Forecast, Trends & Opportunities, Usage Trends, Network Operators, Specialty B2B Players

Economy, Financial services, Money, Online payments, Payment systems, Financial law, Payment, Debit card, Cheque, Direct debit

Thursday, January 16, 2020 - 7:45pm

Meanwhile, to the tune of $2.35 billion in 2018 payment value, commercial card payment value trends suggest continued healthy growth in the U.S. and point to untapped international opportunity.

Key Points:

Meanwhile, to the tune of $2.35 billion in 2018 payment value, commercial card payment value trends suggest continued healthy growth in the U.S. and point to untapped international opportunity.
This report, Commercial Cards and B2B Payment Services Market, provides needed insight into a growing market on the cusp of change.
Provides a global payment card commercial card market size and forecast through 2022, with supporting the analysis of global, U.S. and non-U.S. consumer and commercial credit card and debit card payment value growth during 2014-2018.
Provides global and U.S. ACH, cash and check, and payment card value payment value, including B2B payments; and a proprietary estimate for 2014-2018 U.S. B2B payment value by expenditure input.

ZSuite Technologies nearly doubles property manager/landlord relationships for its partner financial institutions in 2019 with more than 750 new relationships

Financial services, Articles, Economy, Bank, Banking, Economic history of Italy, ING Group, Business

Thursday, January 16, 2020 - 7:00pm

BURLINGTON, Mass., Jan. 16, 2020 /PRNewswire-PRWeb/ -- ZSuite Technologies announced today that in 2019 it helped its partner financial institutions attract over 750 new property manager/landlord relationships which is nearly double the total relationships from the previous year.

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BURLINGTON, Mass., Jan. 16, 2020 /PRNewswire-PRWeb/ -- ZSuite Technologies announced today that in 2019 it helped its partner financial institutions attract over 750 new property manager/landlord relationships which is nearly double the total relationships from the previous year.
ZSuite Technologies helps financial institutions build strong, long-term relationships with their real estate and property management clients through their innovative products, ZRent and ZDeposit.
ZSuite Technologies spun out of Leader Bank in 2019 and currently partners with financial institutions in Massachusetts, New York, Illinois, Montana, and most recently in New Jersey with two financial institutions joining as partners with $7.2 billion and $1.8 billion in assets respectively.
ZSuite Technologies is a financial technology company that aims to power banks and credit unions with differentiated banking solutions for profitable client segments.

Fortis Inc. to Hold Teleconference on February 13 to Discuss 2019 Annual Results

S&P/TSX 60 Index, Fortis Inc., Fortis, Financial services, New York Stock Exchange, Newfoundland and Labrador, Perry, Companies, Banking

Thursday, January 16, 2020 - 9:45pm

ST. JOHN'S, Newfoundland and Labrador, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2019 annual financial results on Thursday, February 13, 2020.

Key Points:

ST. JOHN'S, Newfoundland and Labrador, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its 2019 annual financial results on Thursday, February 13, 2020.
Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation's 2019 annual financial results.
A live and archived audio webcast of the teleconference will be available on the Corporation's website, www.fortisinc.com .
A replay of the conference will be available two hours after the conclusion of the call until March 13, 2020.

First Choice Bank Invests $500,000 in Clearinghouse CDFI

Financial services, Ethical banking, Community development financial institution, Clearing house, Community development bank

Thursday, January 16, 2020 - 6:30pm

LAKE FOREST, Calif., Jan. 16, 2020 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today a $500,000 Class A equity investment from First Choice Bank.

Key Points:

LAKE FOREST, Calif., Jan. 16, 2020 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today a $500,000 Class A equity investment from First Choice Bank.
"We at First Choice Bank are excited to begin a partnership with Clearinghouse CDFI, an organization that helps to improve distressed communities in the Southern California area," said Robert Franko, President and CEO.
About First Choice Bancorp: First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of, and the registered bank holding company for, First Choice Bank.
About Clearinghouse Community Development Financial Institution: Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) addresses unmet credit needs in California, Nevada, Arizona, New Mexico, and Indian Country in the Western United States.