Summit Bank, N.A.

Northwestern Mutual | August 18, 2020

Northwestern Mutual announced today that the company earned a place in Working Mother Media's Diversity Best Practices (DBP) Inclusion Index. The index evaluates participants in three key areas: best practices in the recruitment, retention and advancement of people from underrepresented groups; inclusive corporate culture, including leadership accountability; and demographic diversity for women and people from historically underserved races and ethnicities....

FINANCIAL MANAGEMENT

BankiFi | July 22, 2022

BankiFi, an embedded banking solutions provider, announced its expansion into North America with the launch of BankiFi Americas. The organization’s growth and expansion into the U.S. market will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart of the relationship. Currently, community financial institutions in the U.S. are facing existential threat from fintech platforms, national banks and acco...

INVESTMENT MANAGEMENT

Altera | July 27, 2022

Altera1, an Atlanta-based investment firm focused exclusively on the lower middle private markets, today announced the completion of a growth capital round. This investment provides Altera with balance sheet capital to further enhance its firmwide capabilities and growth initiatives. David Fershteyn, co-founder and CEO of Altera said, “We are pleased to close this strategic growth round and look forward to continuing to provide high net worth investors differen...

JPMorgan | February 13, 2020

JPMorgan Chase & Co (JPM.N) has told financial technology companies that they will be barred from accessing its customer information by July 30 if they do not sign data access agreements with the bank and agree to a plan to stop using customer passwords to gather the data. The largest U.S. bank by assets set the new deadline in a letter sent to the companies in late January, in which it also said they must agree a “concrete plan” to transition to a new method of collecting custom...