PYMNTS
MAY 23, 2019
Stephen Calk, the founder of the Federal Savings Bank of Chicago, a mortgage lender and a former economic adviser to President Trump’s 2016 campaign, has been charged with bribing Paul Manafort, Trump’s former campaign chairman. Calk was interviewed for the undersecretary of the Army, but didn’t get the job.
PYMNTS
JANUARY 18, 2021
With a second Paycheck Protection Program (PPP) on the way, small businesses have yet another chance to secure much-needed financial relief. Yet the new bill fails to address the gaps that allowed for fraudulent activity among some businesses that had secured PPP loans in the first round of stimulus, the publication alleges.
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PYMNTS
SEPTEMBER 12, 2019
He wants the Chicago-based daily deals company to buy back more of its own stock. Sources familiar with the situation told the paper Yelp “would be a logical matchup” and the combination of the two companies could bring as much as $1 billion in earnings before interest, taxes, depreciation and amortization (EBITDA). billion.
Abrigo
DECEMBER 18, 2023
Banks and thrifts hold half of all outstanding CRE debt through the second quarter, with insurance companies accounting for 12% and commercial mortgage-backed securities holding 14%, according to Trepp. The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago.
PYMNTS
APRIL 5, 2019
The companies say that will enable commerce, secure payments and easy reconciliation between businesses on a single platform. Separately, Bill.com, in addition to securing $88 million in financing, launched a partnership with Mastercard to speed up accounts payable for joint business customers. 5G: Five G? How about lotsa Gs?
PYMNTS
FEBRUARY 8, 2019
According to reports, 2nd Address said it will use the funds to improve its technology and expand into new cities beyond its existing markets in California, New York City, Chicago and Washington, D.C. Brazil’s Adianta has announced $2.18 ANNA also plans to add features like expense analysis and cash flow forecasting, reports said.
Independent Banker
OCTOBER 1, 2022
Fraudsters tend to target baby boomers via robocalls about healthcare, taxes or Social Security, but they aren’t immune to social scams. Brandon Koeser, financial services senior analyst with RSM US LLP headquartered in Chicago, gives an example of how scammers can target people based on their ages. —Rehman Khan, Travelers.
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