Rothschild Investment Corp Il buys $16,975,467 stake in JPMorgan Chase & Co. (JPM)

JPMorgan | July 29, 2016

JPMorgan Chase & Co. (JPM) : Rothschild Investment Corp Il scooped up 667 additional shares in JPMorgan Chase & Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 21, 2016. The investment management firm now holds a total of 265,076 shares of JPMorgan Chase & Co. which is valued at $16,975,467.JPMorgan Chase & Co. makes up approximately 2.09% of Rothschild Investment Corp Il’s portfolio.

Spotlight

We asked community bank and credit union executive attendees in our webinar, Creative Cost-Cutting Strategies to Increase Your Efficiency Ratio, to share a cost savings tip they recently implemented at their financial institution. We collected and categorized the responses in this infographic.


Other News
FINANCIAL MANAGEMENT

Stifel to Acquire ACXIT Capital Partners

Stifel | June 08, 2022

Stifel Financial Corp. (NYSE: SF) today announced it has signed a definitive agreement to acquire ACXIT Capital Partners, a leading independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. Terms of the transaction were not disclosed. ACXIT Capital Partners, with a team of about 50 professionals, operates primarily out of offices in Frankfurt, Zurich, and Munich. Since its founding in 1999, the firm has successfully completed nearly 500 transactions, including mergers & acquisitions, capital markets, and debt advisory and restructuring. ACXIT’s business is focused on providing advisory and capital solutions to emerging companies and is aligned with high-growth sectors of the global economy, including healthcare and technology. ACXIT also maintains strong positions in additional key verticals including industrials, real estate, and consumer/retail. Through this acquisition, we are extending our European footprint further into strategically important European markets, most notably Germany, This highly complementary combination with ACXIT Capital Partners allows us to accelerate the growth of our investment banking business by adding more geographical breadth and regional market expertise to our platform. It also forms a natural next step following the combination with Mainfirst in 2019.” Rob Mann, Head of European Investment Banking at Stifel. Stifel already has a formidable investment banking presence in the UK and Europe with more than 180 professionals based in the region’s major financial centers. Partnering with Stifel instantly gives us greater access to international markets, the ability to call on a deeper pool of industry expertise, and also enables us to deliver a broader set of products and solutions to our clients, Together, we have the necessary building blocks to create an even more formidable investment banking business throughout continental Europe.” Johannes H. Lucas, Founder and Senior Managing Partner of ACXIT Capital Partners. The Stifel network will substantially add critical resources to our business, giving us a powerful international platform to leverage, In particular, it will improve our reach into the vast U.S. investor base for growth capital, and provide enhanced capabilities to clients with cross-border aspirations.” Thomas Klack, Senior Managing Partner of ACXIT Capital Partners. After the closing of the transaction, Johannes Lucas and Thomas Klack will become Co-Heads of DACH (Germany, Austria, and Switzerland) Advisory at Stifel. ACXIT Senior Managing Partners Jens Tschauder and Tobias Warkus will also join Stifel’s DACH Management Board. We have been excited by the remarkable growth of our European investment banking business, which is now an integral part of our global investment bank, We are pleased to welcome the entire ACXIT team to Stifel, as we create more opportunities to leverage Stifel’s deep domain expertise across the strategically important DACH region.” Brad Raymond, Global Head of Investment Banking at Stifel. About Stifel Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC and Stifel Independent Advisors, LLC. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. About ACXIT Capital Partners ACXIT Capital Partners is a leading international corporate finance and financial advisory firm for mid-market clients and entrepreneurs in Europe and beyond. Since 1999, ACXIT offers its clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as restructuring, debt, and strategic advisory. As an independent, privately owned firm, ACXIT maintains offices in Frankfurt, Munich and Zurich as well as strong alliances in the UK and France.

Read More

CORE BANKING

Mascoma Bank Selects Alkami as its Digital Banking Platform Partner

Alkami | April 13, 2022

Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced that Mascoma Bank ("Mascoma") has selected Alkami's digital banking platform as part of a full technology stack overhaul with core banking technology firm Thought Machine. This will not only drive future growth for Mascoma, but also serve as a model for other community banks to build upon. We are building an innovative ecosystem that will allow us to better serve our existing customer base, attract new customers and grow strategically into the future, Our Chief Technology Officer, Raphael Reznek, challenged us to rethink how we use technology and the importance of building an embedded finance system. As a result, instead of replacing our existing core, we set out to completely revamp our tech stack to incorporate the most advanced systems. We chose to partner with Alkami because they offer the best balance of deep extensibility with robust 'out of the box' capabilities and configurations." Clay Adams, president and chief executive officer of Mascoma Bank. The Alkami platform will be integrated with Thought Machine's core banking platform, Vault, to provide a complete cloud-based banking platform that is capable of being easily configured and scaled. Mascoma will be able to get to market quickly and have the ability to customize based on the bank's unique needs using a modern API architecture and real-time data. Mascoma is a community bank to watch. They are undergoing a true digital transformation, and we are thrilled to be a part of it, Their digital-first mindset is helping them build a foundation that will allow them to innovate and adapt—fueling the future of community banking as a whole." Alkami's chief executive officer, Alex Shootman. Raphael Reznek along with our leadership team has a vision to build a digital platform that will put us in control of our destiny and serve as a roadmap for other community banks to follow. The new tech stack more than answers that call, I am particularly excited for Alkami's data insights, which will allow us to provide tailored experiences to further empower our customers on their financial journeys." Samantha Pause, chief marketing and product officer at Mascoma. About Mascoma Bank Headquartered in Lebanon, New Hampshire, Mascoma Bank is a $2.6 billion mutual bank and Certified B-Corporation® with 28 branches and 2 loan offices throughout Northern New England. Mascoma Bank was founded in 1899 by community members seeking ways to establish a healthy local economy. For over 122 years, Mascoma Bank's foundation of mutuality has continued to be a force for positive change supporting communities to reach thriving sustainability. Mascoma Bank has made a strong commitment of utilizing technology to help support its mission and values of putting the customer at the center of its work. About Alkami Alkami Technology, Inc. is a leading cloud-based digital banking solutions provider for financial institutions in the United States that enables clients to grow confidently, adapt quickly and build thriving digital communities. Alkami helps clients transform through retail and business banking, digital account opening, loan origination, and multi-payment fraud prevention solutions.

Read More

PAYMENTS

PayTabs introduces SwitchOn®, the next generation payment solutions suite

PayTabs | June 07, 2022

PayTabs - MENA's award-winning payment processing powerhouse, made a jump start last year in its pursuit to pioneer next generation payments, by announcing the launch of its new home owned, globally validated unified payments and transaction processing platform, PayTabs SwitchOn®. After multiple launches with clients across the region, the payment card industry (PCI) certified solution, includes a Switching and Authorization System, a Card and Wallet Management System, and the Unified API Gateway. PayTabs SwitchOn® is now available for local deployment, at a fraction of the cost. With its own IP and built upon deep use case expertise, the flexible and compelling solution aims to empower innovation in the region by enabling flexible payment orchestration at scale. As a Fintech enabler for the region, PayTabs' mission is to simplify and yet orchestrate a unified payments experience and value for key players in MENA and beyond. Fintechs will find it particularly suitable to comply with local in-country regulations. Established Financial Institutions and fintechs' specific needs are met via the modular and hybrid deployment modes available. PayTabs SwitchOn® architecture is designed to ensure a unique payment orchestration capability allowing clients from multiple industries and scale to maximise the benefits they get while in conjunction with the legacy systems. From the Card and Wallet Management System to the Unified APM Gateway and passing by the various value-added modules, clients can select what best fits their needs. PayTabs' experts will ensure the right deployment mode is provided, either it is a Hosted Managed Service, On-Premises, or Hybrid. PayTabs also provides custom fit white-label solutions. PayTabs SwitchOn® solution for omni channel payments and its deployment modes provide answers and checks all the boxes to the growing demand for solutions that are compliant with the data localization directives and regulations for each country of operation. Which enables brands and large corporations across countries and regions to manage their payment complexities with a 360-degree view, reducing dependencies with third parties and thus streamlining the speed to market. In the post covid era of emerging payments, this is good news for the region. By orchestrating a groundbreaking technology and as the next generation payment system architects, we have elevated our payment processing capabilities. With PayTabs SwitchOn® we are now able to deliver a 360-degree payment experience in a few weeks, at a fraction of the cost." Johnson S Sasikumar, Group Head of Strategy, PayTabs. About PayTabs PayTabs is an award winning, payments solutions powerhouse founded by Saudi entrepreneur Abdulaziz Al Jouf in 2014. PayTabs processes transactions in multiple currencies and markets, safely and securely. Using API plugins, PayTabs facilitates seamless B2B e-commerce solutions for small and medium enterprises across industries, to 'plug and play' payment features on to their websites. PayTabs prides itself on offering e-invoicing services enabling businesses to enjoy digital invoicing, pay by QR code or secure social media payment links. Originally backed by Saudi Aramco's "Waed" and later by private Saudi investment, over the years, PayTabs has in-built and exported a full stack of game changing solutions. These include mobile applications, hospitality, governmental, education, airline, travel, transport, and biller solutions, to interlink the multi-billion-dollar enterprise market chain in the MENA region. In 2021, PayTabs launched "PT Touch", the first SoftPOS solution in MENA to transform smart phones into merchant POS terminals. Last month, PayTabs launched its own social commerce platform, 'Paymes' to ease payments for micro merchants. A proven game changer in the global payments space, PayTabs has dedicated offices in the UAE and KSA and presence in other locales including Egypt. The company is an equal opportunities employer with a diverse and multi-cultural team from over twenty nationalities.

Read More

BITCOIN AND CRYPTO

tZERO Crypto App Adds Three New Crypto Assets, Growing Supported Assets by 350% YoY

tZERO | January 03, 2022

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that the tZERO Crypto app, a cryptocurrency trading platform, launched support of Polygon (MATIC), Enjin Coin (ENJ), and Maker (MKR), increasing its cryptocurrency offering to 18 coins, over a 3x increase compared to December 2020. Having significantly increased the number of coins on the tZERO Crypto app in 2021, we are proud to offer our users a robust crypto offering as a part of our planned merged, UX-first cross-asset experience. We plan to continue to increase the number and range of attractive and compliant assets and adjacent products and services on our platform in 2022.” tZERO Interim CEO and Chief Legal Officer Alan Konevsky Important Risk Information Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein. No Offer, Solicitation, Investment Advice or Recommendations This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances. About tZERO tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions. About tZERO Crypto tZERO Crypto, Inc. is a wholly owned subsidiary of tZERO Group, Inc. tZERO Crypto, Inc. and tZERO Group, Inc. are not registered broker-dealers, underwriters, investment banks, or investment advisers, and are not providing brokerage, investment banking or underwriting services, recommendations or investment advice to the users of the tZERO Crypto app. No broker-dealer affiliate of tZERO Group, Inc. is involved in the transactions and services offered by the tZERO Crypto App. tZERO Crypto, Inc. is licensed as an authorized money transmitter in every jurisdiction in which it does business that requires such authorization. tZERO Crypto relies upon third-party services to provide fiat and virtual currency custody services to its customers.

Read More

Spotlight

We asked community bank and credit union executive attendees in our webinar, Creative Cost-Cutting Strategies to Increase Your Efficiency Ratio, to share a cost savings tip they recently implemented at their financial institution. We collected and categorized the responses in this infographic.

Resources