Global Bankers Institute

Reuters | March 09, 2020

Shares of U.S. banks sharply underperformed the broader stock market on Monday as investors bet tumbling interest rates would crush bank profits and worried about rising credit costs in the face of an economy spooked by coronavirus and plunging oil prices. Among the sector’s biggest decliners were smaller banks with the most direct exposure to energy companies as oil futures tumbled as much as a third on Monday due to a price war between Saudi Arabia and Russia. These banks, which include ...

FINANCIAL MANAGEMENT

Ncontracts, QuestSoft Corporation | January 07, 2021

Ncontracts, the leading supplier of integrated risk management solutions for the financial services industry, reported that it has gained QuestSoft Corporation, a main supplier of compliance software and services for the mortgage, bank and credit union ventures. Consolidating Ncontracts with QuestSoft will be extraordinary for customers and for the business. The mix makes an incredible end-to-end risk and compliance suite remarkably empowering financial institutions to develop and...

BITCOIN AND CRYPTO

BitMinutes Inc | April 26, 2021

Located in Atlanta BitMinutes Inc. (BitMinutes), a financial services technology firm that uses blockchain and pre-paid minutes tokenization to provide financial inclusion to the global consumer, revealed today that it's token (BMT) has been listed on Uniswap, a leading decentralized crypto exchange based on the Ethereum blockchain. "This is a major accomplishment for BitMinutes," said Tom Meredith, the company's CEO and Founder. "Uniswap is a worthy alterna...

FINTECH

LenderClose | July 25, 2022

Contemporary CUSO of the Year LenderClose has added two vice presidents, Jon Dlouhy and Amanda Werts, to expand key marketing leadership talent. Led by Chief Marketing Officer, Jill Skinner, the team is charged with accelerating business growth for the fintech lending platform, which is now used by more than 400 credit unions and banks. In 2021, LenderClose completed a $10 million series B funding round and more than doubled employee and leadership headcount. In Dlo...