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OneWest Bank | January 31, 2020
OneWest Bank, CIT’s Southern California branch network, today announced the launch of a new small business mobile app, a new platform to help small business customers seamlessly reach their financial goals. The OneWest Bank business app empowers small businesses to pay bills, digitally deposit checks, transfer funds between OneWest accounts, schedule appointments and locate the nearest branch. In addition, customers using the app can apply for funding to support their equipment financing a...
FINTECH
Exadel | June 23, 2022
Exadel, a leading software consultancy firm with a global footprint, announced that it has acquired fintech company CPQi, whose offerings include transformational services for companies around the world. I am delighted to welcome CPQi to the Exadel family. This new partnership brings an extensive range of FinTech capabilities as well as advanced technology expertise in the areas of robotics process automation, predictive technology, and cloud services that ad...
PAYMENTS
Paymentology | December 07, 2021
In a move upending the hottest part of the fintech market, two of the world’s leading issuer processors – Paymentology and Tutuka – are merging to create a new payments and card processing powerhouse. Operating under the Paymentology name, the merger creates a new force in payment solutions; giving banks and fintechs the technology, team and experience to issue and process Mastercard, Visa and UnionPay cards, across 49 countries. The move brings to...
Wall Street | February 27, 2020
Wall Street’s main indexes tumbled nearly 2% on Thursday and confirmed a correction that began last week, as the rapid spread of the coronavirus outside China intensified fears about the hit to economic growth and corporate earnings. At session lows, the S&P 500 and Nasdaq were down more than 10% from their intraday record highs hit on Feb. 19, while the Dow Jones Industrials was 10% off its Feb. 12 peak. The indexes were set for their steepest weekly pullback since the global financia...
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