Financial services

275 Volunteer Projects Completed During CIT Cares Month

Thursday, July 25, 2019 - 2:00pm

NEW YORK, July 25, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced the results of its annual employee volunteer initiative, CIT Cares Month .

Key Points: 
  • NEW YORK, July 25, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced the results of its annual employee volunteer initiative, CIT Cares Month .
  • Throughout June, 275 community projects were completed by 1,700 CIT employees who contributed 6,400 volunteer hours nationwide to make a difference.
  • CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience, approximately $50 billion in assets as of June 30, 2019, and operates a principal bank subsidiary, CIT Bank, N.A.
  • CIT's consumer banking segment includes its national online bank, CIT Bank , and a Southern California branch bank, OneWest Bank .

DriveWealth Partners with Vested Finance to Launch Digital U.S. Equities Investment Product in India

Thursday, July 25, 2019 - 12:00pm

Vested Finance CEO Viram Shah said: "At Vested, we strongly believe that global investment opportunities should be available to individual investors throughout India.

Key Points: 
  • Vested Finance CEO Viram Shah said: "At Vested, we strongly believe that global investment opportunities should be available to individual investors throughout India.
  • DriveWealth, LLC is a licensed carrying and self-clearing broker offering digital brokerage solutions to broker-dealers, advisors and online partners worldwide through its proprietary investment platform.
  • The first step towards this goal is to empower retail investors from India by providing them with simple digital access to the U.S. equities market.
  • By partnering with DriveWealth, local banks, and other FinTech companies, Vested is substantially lowering barriers to international investing.For more information, please visit Vested.co.in .

Peoples Financial Corporation Reports Results for Second Quarter of 2019

Wednesday, July 24, 2019 - 9:01pm

BILOXI, Miss., July 24, 2019 /PRNewswire/ -- Peoples Financial Corporation (OTCQX Best Market: PFBX), parent of The Peoples Bank, announced results for the second quarter ending June 30, 2019.

Key Points: 
  • BILOXI, Miss., July 24, 2019 /PRNewswire/ -- Peoples Financial Corporation (OTCQX Best Market: PFBX), parent of The Peoples Bank, announced results for the second quarter ending June 30, 2019.
  • The company reported a net loss of $328,000 for the second quarter of 2019 compared to net income of $63,000 for the second quarter of 2018.
  • Favorably impacting first quarter of 2019 results was the payoff of a $1.5 million nonaccrual loan which resulted in the recovery of $135,000 of interest income.
  • The Peoples Bank is a wholly owned subsidiary of Peoples Financial Corporation, listed on the OTCQX Best Market under the symbol PFBX.

Alterna Bank Launches a New Mobile Experience

Wednesday, July 24, 2019 - 6:19pm

OTTAWA, ON, July 24, 2019 /CNW/ - We at Alterna Bank are thrilled to announce the launch of our new Alterna Bank mobile app.

Key Points: 
  • OTTAWA, ON, July 24, 2019 /CNW/ - We at Alterna Bank are thrilled to announce the launch of our new Alterna Bank mobile app.
  • We're always looking for ways to further make our customers' lives easier," says Rob Paterson, President and CEO of Alterna Bank.
  • Made up of Alterna Savings and its wholly-owned subsidiary, Alterna Bank, Alterna has $8 billion in assets under management.
  • Alterna Bank is one of the most innovative banks in Canada and the first to offer all Canadians an end-to-end digital mortgage experience.

Cris Sigovitch Joins People's United Bank as Senior Vice President and Head of Treasury Management

Wednesday, July 24, 2019 - 5:37pm

(NASDAQ: PBCT), today announced that Cris Sigovitch has been appointed Senior Vice President, Head of Treasury Management.

Key Points: 
  • (NASDAQ: PBCT), today announced that Cris Sigovitch has been appointed Senior Vice President, Head of Treasury Management.
  • Sigovitch joins People's United Bank from Bottomline Technologies, Inc., where he was Vice President, Head of Direct Sales, leading a sales organization that focused on delivering payment solutions to customers across North America.
  • Prior to that, Sigovitch spent nine years at Citizens Bank, most recently as the Head of Corporate Payments Sales.
  • "We are excited to welcome Cris to the People's United team and look forward to him driving our customer-focused Treasury Management strategy," said Jeff Carpenter, Executive Vice President, Commercial Banking, People's United Bank.

Mobile Advertising Study, 2019: Worldwide Market Review & Forecast, 2014 to 2025

Wednesday, July 24, 2019 - 4:30pm

5.4 Global Mobile Advertising Market for Banking, Financial Service & Insurance (BFSI) 2014-2025

Key Points: 
  • 5.4 Global Mobile Advertising Market for Banking, Financial Service & Insurance (BFSI) 2014-2025
    5.10 Global Mobile Advertising Market for Energy, Power, and Utilities 2014-2025
    9 Investing in Global Market: Risk Assessment and Management
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Sandata Secures Significant Growth Equity Investment from Accel-KKR

Wednesday, July 24, 2019 - 4:00pm

PORT WASHINGTON, N.Y., July 24, 2019 /PRNewswire/ -- Sandata Technologies, LLC , the leading provider of Electronic Visit Verification ("EVV") and home health technology solutions, today announced it has secured a significant growth equity investment from Accel-KKR , a leading Silicon Valley-based investment firm.

Key Points: 
  • PORT WASHINGTON, N.Y., July 24, 2019 /PRNewswire/ -- Sandata Technologies, LLC , the leading provider of Electronic Visit Verification ("EVV") and home health technology solutions, today announced it has secured a significant growth equity investment from Accel-KKR , a leading Silicon Valley-based investment firm.
  • Sandata is focused on providing innovative solutions to our customers who serve this market including State Payers, MCOs and Providers," said Tom Underwood, Chief Executive Officer of Sandata.
  • "We could not be more excited to partner with Accel-KKR and leverage the firm's experience and resources to help Sandata continue to execute on our vision and deliver value to our customers."
  • "We are excited to work with Sandata to accelerate the company's journey," said Park Durrett, Managing Director at Accel-KKR.

Turkey's Leading New Generation Payments Platform ininal Partners With Visa to Enable Greater Financial Inclusion for Customers

Wednesday, July 24, 2019 - 2:32pm

ISTANBUL, July 23, 2019 /PRNewswire/ --ininal, the new generation payments platform, announced a new partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its 3 million customers.

Key Points: 
  • ISTANBUL, July 23, 2019 /PRNewswire/ --ininal, the new generation payments platform, announced a new partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its 3 million customers.
  • ininal customers will be able to use the new redesigned cards in stores and online at any of the 53+ million merchants who accept Visa globally.
  • The prepaid cards will also enable ininal consumers to withdraw cash at Visa accepting ATMs globally.
  • We are proud to issue our cards under our own Visa BIN and provide all the security and worldwide reach of Visa to our cardholders.

Miracle Mile Advisors Recognized as a Top 50 Fastest Growing Firm

Wednesday, July 24, 2019 - 2:05pm

Miracle Mile Advisors was named by Financial Times as one of 2019's Top Registered Investment Advisers , and appeared on FA Magazine's Top 50 Fastest Growing Firms and RIA Ranking lists.

Key Points: 
  • Miracle Mile Advisors was named by Financial Times as one of 2019's Top Registered Investment Advisers , and appeared on FA Magazine's Top 50 Fastest Growing Firms and RIA Ranking lists.
  • Through extensive research, Miracle Mile Advisors was hand-selected by FA Magazine and listed as No.
  • I could not be happier to work alongside this talented group," said Kevin Barlow, Managing Director of Miracle Mile Advisors.
  • About Miracle Mile Advisors: Miracle Mile Advisors is a leader in providing independent investment advice to high net worth families and businesses nationwide.

CardFlight and PAX Technology Announce Availability of SwipeSimple Terminal

Wednesday, July 24, 2019 - 2:00pm

NEW YORK and JACKSONVILLE, Fla., July 24, 2019 /PRNewswire-PRWeb/ -- CardFlight , the leading SaaS payment technology company, and PAX Technology Inc, a leading provider of electronic payment terminal solutions and related services, today announced that SwipeSimple Terminal is officially available to all Merchant Acquirers, Independent Sales Organizations, and their small business partners on the PAX A920, with the PAX A80 to follow later this quarter.

Key Points: 
  • NEW YORK and JACKSONVILLE, Fla., July 24, 2019 /PRNewswire-PRWeb/ -- CardFlight , the leading SaaS payment technology company, and PAX Technology Inc, a leading provider of electronic payment terminal solutions and related services, today announced that SwipeSimple Terminal is officially available to all Merchant Acquirers, Independent Sales Organizations, and their small business partners on the PAX A920, with the PAX A80 to follow later this quarter.
  • SwipeSimple Terminal, the expansion of CardFlight's signature SwipeSimple software to the smart terminal payment medium, was rolled out in beta testing roughly three months ago.
  • "We're pleased that SwipeSimple Terminal is now available to all of our reseller partners and the small business owners they work with," said Derek Webster, CardFlight Founder and CEO.
  • SwipeSimple Terminal is currently available for the PAX A920 and will ship later this quarter for the PAX A80, empowering merchants to select the model/features that work best with their business needs.