Financial services

Harris Williams Advises Groundworks on its Growth Capital Partnership with Cortec Group

Tuesday, January 21, 2020 - 8:15pm

Harris Williams , a global investment bank specializing in M&A advisory services, announces that it advised Groundworks, a portfolio company of Succession Capital Partners (Succession) and Matt Malone, Groundworks founder and CEO, on their growth capital partnership with Cortec Group (Cortec).

Key Points: 
  • Harris Williams , a global investment bank specializing in M&A advisory services, announces that it advised Groundworks, a portfolio company of Succession Capital Partners (Succession) and Matt Malone, Groundworks founder and CEO, on their growth capital partnership with Cortec Group (Cortec).
  • The transaction was led by John Neuner , Brent Spiller , Zach Ledwith and Dylan Digmon of the Harris Williams Consumer Group .
  • For more information on the Harris Williams Consumer Group and other recent transactions, visit the Consumer Groups section of the Harris Williams website.
  • Harris Williams is a trade name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH conduct business.

Acadian Asset Management Appoints Director of Research

Tuesday, January 21, 2020 - 2:03pm

BOSTON, Jan. 21, 2020 /PRNewswire/ --Acadian Asset Management LLC, a leader in active global quantitative investing with $102 billion in assets under management as of December 31, 2019, today announced the appointment of Vladimir Zdorovtsov to Director of Global Equity Research.

Key Points: 
  • BOSTON, Jan. 21, 2020 /PRNewswire/ --Acadian Asset Management LLC, a leader in active global quantitative investing with $102 billion in assets under management as of December 31, 2019, today announced the appointment of Vladimir Zdorovtsov to Director of Global Equity Research.
  • In this role, Zdorovtsov will be responsible for the leadership of Acadian's research team, including management, idea generation, and setting the agenda and strategic vision for Acadian's global equity research efforts.
  • "We're extremely excited to have Vladimir lead Acadian's Global Equity Research team," said Brendan Bradley, Chief Investment Officer of Acadian.
  • Zdorovtsov joins Acadian from Goldman Sachs Asset Management (GSAM), where he served as Managing Director with responsibility for quantitative research within the firm's Fundamental Equity and Direct Alternatives units, focusing specifically on alpha capture and integration of quantitative alpha, risk, and portfolio construction techniques.

SmartMetric Reports That More Than 75% of All Credit Cards Worldwide Are Chip-Enabled Credit Cards That Conform to Operate With the SmartMetric Biometric Fingerprint Credit Card Technology

Tuesday, January 21, 2020 - 7:08pm

SmartMetric commenced developing its biometric inside the card technology for chip-based cards more than a decade ago, in fact years before the mass adoption of chip-based credit and debit cards.

Key Points: 
  • SmartMetric commenced developing its biometric inside the card technology for chip-based cards more than a decade ago, in fact years before the mass adoption of chip-based credit and debit cards.
  • SmartMetric has successfully embedded its powerful fingerprint biometric scanner that sits inside the credit card.
  • Upon a match, the card's EMV chip is turned on allowing the card to perform a standard credit or debit card transaction.
  • To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card .

On the Road Lending Announces up to $10 Million Funding From Goldman Sachs Urban Investment Group

Tuesday, January 21, 2020 - 5:21pm

Ultimately On the Road Lending fuels economic mobility and long-term success by providing the engine that drives peoples dreams, said Michelle Corson, On the Road Lendings Founder and CEO.

Key Points: 
  • Ultimately On the Road Lending fuels economic mobility and long-term success by providing the engine that drives peoples dreams, said Michelle Corson, On the Road Lendings Founder and CEO.
  • Were grateful to have Goldman Sachs recognize through its investment that a car loan through On the Road Lending is life-changing because owning a reliable car increases job opportunities by removing transportation barriers.
  • OTR FUND I, LLC is an impact investment fund that provides affordable loans to clients of On the Road Lending.
  • Since 2001, the GOLDMAN SACHS URBAN INVESTMENT GROUP has committed $7 billion to underserved American communities.

GreenPath Partners With JPMorgan Chase to Launch Virtual Financial Coaching Pilot

Tuesday, January 21, 2020 - 6:00pm

GreenPath Financial Wellness , a national nonprofit that provides financial counseling, education and products, announces the launch of a virtual financial coaching pilot, with support from JPMorgan Chase .

Key Points: 
  • GreenPath Financial Wellness , a national nonprofit that provides financial counseling, education and products, announces the launch of a virtual financial coaching pilot, with support from JPMorgan Chase .
  • Were so pleased to partner with JPMorgan Chase to test scalable ways that help people across the U.S. increase their financial resilience.
  • JPMorgan Chase is committing $345,000 to GreenPath Financial Wellness as part of its $125 million, five-year commitment to improving the financial health of people in underserved communities.
  • GreenPath intends to determine best practices for effective virtual coaching, gain insights into how the experience can be more impactful, assess its scalability, and publish these learnings to help other organizations advance financial coaching research and design virtual coaching interventions that improve financial health.

CIT to Announce Fourth Quarter 2019 Financial Results

Tuesday, January 21, 2020 - 1:30pm

CIT expressly disclaims and undertakes no responsibility to update or alter such information based on new information, future events or otherwise.

Key Points: 
  • CIT expressly disclaims and undertakes no responsibility to update or alter such information based on new information, future events or otherwise.
  • CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals.
  • CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A.
  • CIT's consumer banking segment includes a national direct bank and regional branch network.

Fortis Unveils New Additions to Luxury Plumbing Family at KBIS 2020

Tuesday, January 21, 2020 - 4:45pm

The Fortis family of products reflects its heritage and artistry in every stunning detail and meticulously crafted angle or curve, said Adriana Borcea, Group Marketing ManagerFortis.

Key Points: 
  • The Fortis family of products reflects its heritage and artistry in every stunning detail and meticulously crafted angle or curve, said Adriana Borcea, Group Marketing ManagerFortis.
  • Sitting comfortably alongside Baldwins bold, sleek hardware in the Spectrum Brands luxury portfolio, Fortis faucets and accessories are designed, engineered, and manufactured in Italy.
  • The high-end, European-inspired plumbing products are ideally suited for hospitality and other European-inspired design applications.
  • To learn more about Fortis and its portfolio of products, please visit https://www.fortisfaucet.com/ .

Velocity Solutions Unveils New Website and Corporate Rebrand

Tuesday, January 21, 2020 - 4:00pm

Velocity Solutions, LLC , the leading provider of revenue-driving, digital solutions to financial institutions, announces the launch of a contemporary new website and a new corporate brand identity.

Key Points: 
  • Velocity Solutions, LLC , the leading provider of revenue-driving, digital solutions to financial institutions, announces the launch of a contemporary new website and a new corporate brand identity.
  • We want our valued clients and partners to know that Velocity Solutions is the same company with the same seasoned team, but with a new, refreshed look.
  • We continue to be the leading software solutions provider focusing on data and digital solutions to drive revenue, deposits and loans to banks and credit unions.
  • Founded in 1995 and servicing the transaction accounts of over 30 million consumers and business owners, Velocity Solutions is the leading provider of revenue-driving solutions for community banks and credit unions.

Desjardins Chooses exagens Behavioral Banking Platform for Multiyear Contract to Enhance Digital Customer Relationships

Tuesday, January 21, 2020 - 1:47pm

MONTREAL, Jan. 21, 2020 /PRNewswire/ --Desjardins Group has selected Montreal-based exagens and its award-winning behavioral banking platform to further enrich the digital experience it provides members.

Key Points: 
  • MONTREAL, Jan. 21, 2020 /PRNewswire/ --Desjardins Group has selected Montreal-based exagens and its award-winning behavioral banking platform to further enrich the digital experience it provides members.
  • As Canada's largest cooperative financial group and one of North America's strongest financial institutions, Desjardins' multiyear commitment is a vote of confidence for exagens and the future of behavioral banking.
  • "This multi-year commitment is our vote of confidence in exagens, its technology, and its vision to humanize the digital banking environment.
  • "As the financial services sector continues its digital transformation, the exagens team and its Behavioral Banking Platform are helping Desjardins provide a differentiated and valued experience.

Gateway First Bank Appoints Charles Emley SVP of Operations

Tuesday, January 21, 2020 - 2:31pm

Gateway First Bank announced today that Charles Emley has been appointed to SVP of Operations.

Key Points: 
  • Gateway First Bank announced today that Charles Emley has been appointed to SVP of Operations.
  • Emley is a financial services executive with high-level experience in retail and commercial channels as well as bank and non-bank environments.
  • Prior to joining Gateway, Emley served as SVP of Capital Markets and Head of Loan Operations at Banc of California.
  • Established in 2019 after the merger of Gateway Mortgage Group with a 100-year-old bank, Gateway First Bank emerged as a leading financial institution that provides digital banking and mortgage services for consumers and commercial customers.