Park National Bank (Ohio)

parknationalbank.com

For more than a century, our bankers have helped local families, businesses and communities achieve financial success with confidence and ease. Our heritage is firmly rooted in values of service, integrity and local community commitment. We’re proud of our history of financial strength, and we know our success is a result of a steadfast focus on truly personal service. Delivering extraordinary service is what we do, what makes us who we are, and what makes us the right choice for so many of our neighbors.

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WIRECARD SHARES CRASH AGAIN AFTER PAYMENTS FIRM SAYS MISSING $2 BILLION LIKELY DOESN’T EXIST

Wirecard | June 22, 2020

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Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

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BANK CUT TO OIL LOANS COULD PUSH PRODUCERS BEYOND THE BRINK

Reuters | March 30, 2020

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U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

Read More

FATTMERCHANT INTRODUCES CONTACTLESS BY OMNI TO HELP BUSINESSES MEET THE GROWING CONSUMER DEMAND FOR CONTACTLESS PAYMENTS

Fattmerchant | June 16, 2020

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Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces the release of Contactless by Omni. This new all-in-one contactless payment solution provides business owners with the ability to go touch-free and virtual overnight, allowing their business to begin accepting payments in the ways that their customers are most comfortable with. A recent survey conducted by Fattmerchant shows a shift in consumer payment pr...

Read More

CORE BANKING

FLEXIO UPLIFTS $3 MILLION SEED ROUND FOR BUSINESS-TO-BUSINESS PAYMENTS TRANSFORMATION

Flexio | February 07, 2022

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The Flexio platform is becoming popular by revolutionizing business-to-business (B2B) payments in Latin America. For this cause, Flexio has uplifted the $3 Million Seed Round led by Costanoa Ventures by joining hands with Diego Oppenheimer, Latitud Fund, Soma Capital, Daniel Kahn, Omri Mor, and several other notable LatAm founders and Y Combinator alumni. In 2014, the Mexican government approved a law requiring all B2B payments to be documented digitally in order to increase tax p...

Read More
news image

WIRECARD SHARES CRASH AGAIN AFTER PAYMENTS FIRM SAYS MISSING $2 BILLION LIKELY DOESN’T EXIST

Wirecard | June 22, 2020

Wirecard shares are once again in free fall on Monday after the German payments firm said it was likely that 1.9 billion euros ($2.1 billion) of cash missing from its balance sheet doesn’t exist. The Munich-based company said it was assessing the “prevailing likelihood” that unaccounted cash balances flagged by auditors at EY last week “do not exist.” The lost funds represent roughly a quarter of Wirecard’s balance sheet....

Read More
news image

BANK CUT TO OIL LOANS COULD PUSH PRODUCERS BEYOND THE BRINK

Reuters | March 30, 2020

U.S. energy producers face the threat that banks will slash their credit as March’s crash in oil prices means the asset backing their main loan facility - crude reserves - is worth less than half of what it was a month ago. The oil price collapse has crushed U.S. energy companies, sending valuations spiralling and squeezing financing options, as they face a likely 20% drop in worldwide oil demand in coming quarters due to the coronavirus pandemic. U.S. crude prices have dropped to about $2...

Read More
news image

FATTMERCHANT INTRODUCES CONTACTLESS BY OMNI TO HELP BUSINESSES MEET THE GROWING CONSUMER DEMAND FOR CONTACTLESS PAYMENTS

Fattmerchant | June 16, 2020

Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces the release of Contactless by Omni. This new all-in-one contactless payment solution provides business owners with the ability to go touch-free and virtual overnight, allowing their business to begin accepting payments in the ways that their customers are most comfortable with. A recent survey conducted by Fattmerchant shows a shift in consumer payment pr...

Read More
news image

CORE BANKING

FLEXIO UPLIFTS $3 MILLION SEED ROUND FOR BUSINESS-TO-BUSINESS PAYMENTS TRANSFORMATION

Flexio | February 07, 2022

The Flexio platform is becoming popular by revolutionizing business-to-business (B2B) payments in Latin America. For this cause, Flexio has uplifted the $3 Million Seed Round led by Costanoa Ventures by joining hands with Diego Oppenheimer, Latitud Fund, Soma Capital, Daniel Kahn, Omri Mor, and several other notable LatAm founders and Y Combinator alumni. In 2014, the Mexican government approved a law requiring all B2B payments to be documented digitally in order to increase tax p...

Read More