FTN Financial

Morgan Stanley, E-Trade | February 20, 2020

Morgan Stanley is buying E-Trade in a $13 billion, all-stock deal announced Thursday, bringing more consolidation to the brokerage market and giving the investment bank to the rich a foothold with a more mainstream clientele. The deal, which is the biggest takeover by a major U.S. bank since the 2008 financial crisis, combines Morgan Stanley’s prowess and client-facing resources with E-Trade’s more than 5 million customers, with more than $360 billion in retail trade assets, the comp...

CORE BANKING

Locality Bank | June 13, 2022

Locality Bank, a digital-first community bank that launched January 12, 2022, has announced it has partnered with Hurdlr, a leading business expense, invoicing and accounting API. The integration on the Bank's mobile application is expected to roll out in 30 to 45 days. Utilizing the Hurdlr API integration with Locality Bank's platform will provide businesses with a way to seamlessly invoice their customers and automatically track expenses, income streams, and tax deductio...

Hightower Advisors | August 11, 2020

Hightower today announced it has made a strategic investment in Teak Tree Capital Management, a $600 million advisory business in Fort Worth, Texas, that specializes in financial planning and research-driven investment strategies designed to protect and grow wealth. Founded in 2009, Teak Tree has seven employees, including three advisors, serving entrepreneurs, business professionals, and multi-generational families. Teak Tree’s mission is to educate clients, organize and simplify th...

PAYMENTS

Emburse | June 17, 2021

Emburse has launched its Emburse Pay - B2B Payments integrated payables product, which allows workforces to oversee and monitor the invoice approval and payment workflow from start to end. In the release, Rajeev Subramanyam, general manager of Emburse Pay, said, "Our Emburse Pay suite of solutions was developed to streamline what has traditionally been a time-consuming and wasteful process - manually reconciling corporate payments." “In B2B Payments, we'...