Capital Trust Ltd

LendingClub and Morgan Stanley | February 24, 2020

Call it a tale of two bank deals. The stories come with significantly different price tags: $185 million and $13 billion. Yet, some common threads unite the respective bids by LendingClub for Radius Bank and by Morgan Stanley for E-Trade, with a nod toward the changing financial services landscape and serving customers through “one-stop shop” platform models. For LendingClub, an online lender, the bid to buy Radius Bank means that (assuming the regulatory hurdles are satisfied), with...

Core Banking

360factors, Inc. | April 11, 2022

360factors, Inc. announced today that Park National Bank, a bank with $10B in assets headquartered in Newark, Ohio, selected 360factors' Predict360 risk and compliance intelligence platform to enhance its enterprise risk management program and streamline quarterly certifications and attestations for Sarbanes-Oxley. The bank will deploy 360factors' Predict360 solution suite, an artificial intelligence (AI)-powered platform that vertically integrates risks and controls, regu...

Financial Management

Figure and Movement Mortgage | November 09, 2022

Figure, the country's top non-bank HELOC lender, and Movement Mortgage, the nation's sixth-largest retail mortgage lender, announced a transformative partnership that will allow Movement's borrowers faster access to home equity with approval in as few as five minutes and funding in as few as five days. Movement will leverage Figure's platform amid a steady rise in mortgage interest rates and record tappable equity for homeowners. Consumers have shied away from taki...

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, co...