FINANCIAL MANAGEMENT
TD Bank | November 24, 2022
TD Bank, America's Most Convenient Bank®, today announced the extension of its credit card program agreement with Nordstrom, Inc. (NYSE: JWN). TD will continue providing exceptional card products and experiences to Nordstrom customers as the exclusive issuer of Nordstrom's U.S. Visa and private label consumer credit cards.
"Our teams have built an outstanding working relationship over the past seven years, We partner with Nordstrom at every level, collaborating closely with leadership while providing tailored support for store teams. We have navigated an unprecedented retail environment together, and we are excited to continue our work driving strong customer engagement."
-David Swift, Head of Credit Card Partnership Programs at TD Bank
Through the Nordstrom card program, we deliver the elevated experiences that our customers have come to expect, Our cardholders enjoy more rewards, exclusive perks and early access to our highly anticipated Anniversary Sale. TD shares our dedication to meeting customers' evolving needs, and we value their partnership as we continually innovate our offerings and enhance our capabilities,said Dennis Bauer, President of Payments and Credit at Nordstrom.
TD first acquired Nordstrom's credit card portfolio in 2015.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J.TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD".
Read More
FINANCIAL MANAGEMENT
FINTAINIUM and DataSeers | November 22, 2022
Atlanta-based fintech DataSeers and Jacksonville-based FINTAINIUM announce a new partnership to further expand FINTAINIUM's unified cash flow management platform. FINTAINIUM will be using DataSeers' industry leading SaaS solutions like IdentitySeer and ReconSeer to help financial institutions attract, retain, and grow business relationships.
DataSeers will be providing essential back-office services and payments capabilities through their platform specifically designed for banking and payments to help manage critical operations such as reconciliation, compliance, fraud detection, onboarding, and analytics.
Knowing your customer is the first line of defense for fraud, risk, and compliance, but it's still one of the biggest challenges for banks and credit unions. Implementation of a top-tier product like IdentitySeer proves an institution's commitment to providing financial services while keeping out bad actors.
We are pleased to develop this new partnership with Fintainium and together leverage this flexible and scalable platform to provide elevated services in onboarding, reconciliation, and others to their customers in the financial space," says Adwait Joshi, Founder and Chief Seer at DataSeers.
"We have the leading solution in the cash management space and are honored to connect with DataSeers to provide the essential function of embedded reconciliation to the market,"
-Richard Jackman, Chief Executive Officer of FINTAINIUM
About FINTAINIUM
FINTAINIUM delivers back-office innovation for financial institutions and streamlines end-users' payments and cash flow management processes. With headquarters in Jacksonville, Florida, and operations in Toronto, Canada, FINTAINIUM facilitates enhanced services between financial institutions, businesses, and other technology companies. Fintainium is a modular platform with the newest technology to work seamlessly with financial institutions and ERP systems. Fintainium's technology enables features such as embedded payments and lending, an integrated CFO toolkit with business intelligence, cash flow management tools, and back-office automation. Fintainium is the only unified platform that combines all these features into a simple, easy-to-navigate user interface. Fintainium was named a Best Startup in Jacksonville by The Tech Tribune.
About DataSeers
DataSeers is an Atlanta-based FinTech that has engineered a unique solution for effectively harnessing complex data. Its FinanSeer® software is AI-powered and specifically designed to help banks and payments companies improve their onboarding, reconciliation, compliance, fraud detection, and analytics in one user-friendly platform.
DataSeers was established in 2017. Since the creation of DataSeers five and a half years ago, the company has changed office spaces five times to accommodate its steady client and staff growth.
The company has won multiple awards. With three-year revenue growth of 427 Percent, DataSeers received ranking No. 1503 among America's Fastest-Growing Private Companies in the annual Inc. 5000 list. The company was named one of the Best Places to Work in FinTech by American Banker. DataSeers was recently selected in the AIFinTech100 for 2022. DataSeers received a 2021 Atlanta Business Chronicle Pacesetter Award as one of the 100 Fastest Growing Private Companies in Atlanta. The Technology Association of Georgia recognized DataSeers as one of its "Top 40 Technology Companies" three years in a row. The company has also received the LexisNexis® Risk Solutions HPCC Systems® Community Recognition Award for creating a "Truly Unique Solution" leveraging the HPCC Systems open-source data lake platform. DataSeers was among Atlanta Inno's 2019 "50 on Fire" companies in Georgia. The company was also a winner in the New to Export category at the 2019 GLOBE Awards presented by the Georgia Department of Economic Development and among the 2020 award recipients.
Read More
FINANCIAL MANAGEMENT
WBI and Pacer ETFs | November 21, 2022
WBI, an invest-tech and fintech company, and Pacer a 9-time award winning exchange traded fund provider, today announced a strategic partnership to transform how financial advisors interact with clients to personalize and implement model portfolios.
WBI is a 2-time award winning fintech platform offering investment technology that optimizes multi-manager portfolios that target loss or return. With inputs from the client and assistance from a financial advisor, the platform’s interactive toolkit establishes client benchmarks for loss and return. The imbedded invest-tech then optimizes a portfolio to meet the client’s targets. Financial advisors can instantly customize the portfolio(s) to position the client for success.
Pacer is a 9-time award winning exchange traded fund provider that has been recognized for its client-focused philosophy. One of the industry’s leading firms in strategy-driven, rules-based ETFs, Pacer continues to seek innovative and timely ways to serve investor needs and adapt to market conditions.
“WBI is excited to work with Pacer. Their rules-based ETF offerings seek to produce strong risk-adjusted returns which are favored by the platform’s optimization engine, This partnership allows both parties to build on the momentum around our innovative products and shared mission to help improve investor outcomes.”
-Matt Schreiber, Co-CEO at WBI
One of America’s leading investment technology firms, WBI invest-tech features a multi-manager machine optimization engine that builds portfolios that aim to target a specific level of loss while attempting to maximize return. The firm’s proprietary Capital Power RatioTM seeks to unleash capital compounding.
Similarly, Pacer’s Cash Cow Series aims to generate capital appreciation by investing in companies with high-free-cash-flow yield that are trading at a discount. The firm has grown their AUM by $10.3 billion in the last 14 months.
Bruce Kavanaugh, Head of Investments at Pacer Advisors, was just as excited about the newly formed partnership, commenting, This now allows Pacer to introduce cutting edge model solutions to advisors through an award winning technology leader.
Besides promoting the targeted loss portfolios of WBI’s technology platform, WBI and Pacer will look for other opportunities to partner on model construction.
About WBI
Founded in 1984, WBI is a trailblazer of technology-driven, goals-based wealth management solutions. The firm is a pioneer of active cash-hedged separately managed account and ETF strategies. WBI’s award-winning digital wealth management platform combines financial planning concepts and distinguished innovations to portfolio optimization and construction. WBI is a leader in providing client solutions tailored to their personal benchmarks for loss and return.
About Pacer ETFs
Pacer ETFs is a strategy-driven exchange-traded fund provider with 45 ETFs and over $18.5 billion in assets under management, as of 11/14/22. Pacer ETFs is focused on addressing investors’ needs through its six fund families, the Pacer Trendpilot® Series, Pacer Cash Cows Index® Series, Pacer Custom ETF Series, Pacer Thematic ETF Series, Pacer Factor ETF Series and Pacer Swan SOS ETF Series. Pacer ETFs employs a rules-based, passive management approach to track S&P, NASDAQ, FTSE Russell, and Custom Indexes.
Read More