PYMNTS

MARCH 2, 2018

Payroll and human capital management company Paychex is growing through the acquisition of industry peer Lessor Group. Paychex’s international strategy has been to grow in Europe beyond our Germany operation,” said Paychex President and CEO Martin Mucci in a statement.

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Gonzobanker

AUGUST 10, 2023

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business. Pretty soon the shareholders will begin forcing this blunt question.

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PYMNTS

APRIL 6, 2020

It anticipates that its loan capacity will be maxed out under the program since it is operating with the current asset cap limitations. Today, the company continues to operate in compliance with an asset cap imposed by its regulator due to actions of past leadership.

Resources 162

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Perficient

NOVEMBER 21, 2023

Describe a typical day in the life. Perficient, though not new to insurance, is consistently realigning to capitalize on the industry’s digital transformation potential. In my role as our Insurance Principal within our Financial Services business unit, I spearhead our strategy and delivery efforts in insurance.

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PYMNTS

FEBRUARY 13, 2019

Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. He has a keen understanding of the opportunities ahead of us and how best to capitalize on them.”.

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PYMNTS

DECEMBER 28, 2020

Recent regulatory crackdowns on Ant Group, Alibaba and Tencent show that China’s former tech darlings have run afoul with all-powerful political and regulatory regime in China. Reuters quoted Ant as saying in a statement that it would establish a “rectification” working group and fully implement the government’s requirements. “In

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PYMNTS

DECEMBER 4, 2017

Coinbase, the cryptocurrency exchange operator, announced late last week that it has appointed Asiff Hirji as its president and chief operating officer. He has also held senior leadership and governance roles at TPG Capital, Saxo Bank, Hewlett Packard and Bain Capital.

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Bobsguide

APRIL 12, 2022

Founded by CEO John Byrne, Dublin-headquartered Salmon Software employs a total of 30 staff across its operations in Ireland and the Czech Republic. Salmon Software’s existing management team, including John Byrne, will remain in their current leadership roles and continue as significant shareholders in the business.

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PYMNTS

JULY 28, 2019

The proposed takeover could create a powerful online food delivery group across Europe. It’s also is a triumph for hedge fund investor Cat Rock Capital , who is invested in both companies and has asked for a deal, the Financial Times reported. There is “no certainty” that any transaction will happen. Takeaway.com has until Aug.

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PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. said this week.

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Independent Banker

JANUARY 31, 2022

approached him about a leadership position in 2013. Williams reconsidered and became CEO of Southern Bancorp, a group of three community development financial institutions (CDFI): Southern Bancorp Inc., Over the longer term, Southern Bancorp’s leadership plans to score its loan portfolio for carbon emissions.

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PYMNTS

DECEMBER 21, 2016

POS platform company Appetize recently announced that it had closed a $20 million investment round led by Shamrock Capital Advisors and Oak View Group, among others. Appetize, a Playa Vista, California-based POS company, delivers modern ordering and payments technology for enterprise businesses.

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Jeff For Banks

DECEMBER 10, 2023

Although the 2022 Top 5 are holding their own and two of them remain in today's Top 5, the 2021 edition included one bank that failed (SVB Financial Group) and one that is voluntarily liquidating (Silvergate). Total return includes two components: capital appreciation and dividends. What a difference a year makes! M&F Bancorp, Inc.

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PYMNTS

SEPTEMBER 6, 2018

It’s likely that some of our ride-hailing customers will now opt for scooters for shorter distances, but we’ll also attract a whole new group of customers with different needs. The launch of a scooter sharing service comes at a time when Taxify is raising venture capital dollars.

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PYMNTS

AUGUST 8, 2019

Operating as an incubator, the Singapore eXellerator lab will aim to strengthen the bank’s financial services innovation efforts within China , with the bank pointing to the market’s leadership in cutting-edge technologies like artificial intelligence, mobile payments and biometrics.

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PYMNTS

MARCH 19, 2019

Hyundai Motor Group and Ola, the ride-hailing platform, announced on Tuesday (March 19) a strategic partnership in which Hyundai and Kia Motors Corp. As part of the deal, the companies will create solutions to operate and manage fleet vehicles, which marks Hyundai’s first entrance into the industry. will invest $300 million.

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PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. ZP Group incorporates three units: a government cybersecurity contractor, a human capital and staffing service and a security advisory firm.

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PYMNTS

JULY 13, 2018

With a cashless system, the company said it can shorten lines and bolster customer service for customers and operators of kiosks alike. The group aims to help position the city of Monterrey as the tech hub of Mexico, while bringing together companies, entrepreneurs, academic institutions and digital talent.

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Independent Banker

AUGUST 25, 2016

You can feel the energy boost at Park Bank from its leadership development program. It really gives people a sense of ownership,” explains James Hegenbarth, the bank’s president and CEO of the employees who have participated in the leadership development program. “It Wisconsin bank uses LEAD FWD Summit as a development resource.

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PYMNTS

JULY 18, 2018

dollars on its balance sheet after it raised $4 billion in new capital late last year. Booking also operates Kayak , Priceline.com, Rentacars.com and OpenTable , which can help Didi with its global plans. Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings.

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PYMNTS

OCTOBER 11, 2016

10) that it has acquired the assets of payment gateway and merchant account provider The iTransact Group. We are pleased to welcome iTransact employees, leadership team, referral partners and merchants to the Payroc family,” Nicholas Oberman, president of Payroc, added in the same press release. billion in annual processing volume.

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Independent Banker

AUGUST 31, 2022

But equally important is what they should be doing to keep the talented employees that they already have, both to avoid a short-term staffing crisis and to keep the pipeline of leadership full. As these banks show, building a culture of respect, achievement and fun is something that should be embedded in day-to-day operations.

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PYMNTS

APRIL 13, 2018

Blockchain Capital. Blockchain heavyweight Ripple made headlines this week when it announced a $25 million investment in Blockchain Capital, a venture capital firm focused on backing blockchain startups. The funding comes in the form of Ripple’s own cryptocurrency and will be used to fund startups selected by Blockchain Capital.

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PYMNTS

DECEMBER 9, 2016

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”. and the U.S. Alt-Lending.

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Abrigo

JUNE 14, 2021

As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors. Testing and auditing A comprehensive, independent, and objective testing or audit function within an SCP ensures that an organization identifies program weaknesses and deficiencies.

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PYMNTS

MARCH 3, 2020

Mark Lenhard, a PayPal veteran, is joining the board of Modo , bringing the experience of an operator, an advisor, and an investor, having completed work across the full stack of financial services. That allows, in a way, every enterprise to get “best in class” payment execution without the massive teams and capital expense, he said.

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Independent Banker

DECEMBER 1, 2021

Under the leadership of CEO Randell Leach, Beneficial State Bank is pursuing an ambitious mission of financial activism and strong corporate values. Beneficial State Bank was born from a bold idea and a gift of capital from activists and philanthropists Kat Taylor and Tom Steyer. Photo: Ashley Courter. By Roshan McArthur. “We

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PYMNTS

JANUARY 23, 2017

Businesses face mounting risk thanks to things like geopolitical uncertainties and regulation but are also threatened by something as seemingly arbitrary as group chat platforms. Those challenges surpassed the 15 percent that said access to capital is their biggest challenge. 40% more cyberbreaches impacted U.S.

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PYMNTS

MAY 12, 2017

The Spanish company’s Series A funding was led by Atomico and Idinvest, while Point Nine Capital, La Famiglia and Samaipata Ventures also participated. Reports said the company secured Series B+ funding from Luxasia Group and Transcosmos Inc. Japan, though reports did not say how much Anchanto raised. million in seed funding.

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Gonzobanker

MAY 7, 2018

limited marginal operating expenses needed to do larger commercial and commercial real estate deals. As our cost of funds rise, loan growth rates plateau and margins in areas like payments and mortgage face continued stress, scaling to new levels of true operating efficiency will be a huge priority for bank executives. million to $6.1

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Jeff For Banks

AUGUST 2, 2021

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. Twenty four tweets, and worth every one of them. Exciting things to come!

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Independent Banker

AUGUST 31, 2022

When two executives at Woodforest National Bank noticed a dearth of affordable housing options in southeast Texas, they decided to do something about it, partnering with several housing and community groups to launch an innovative mortgage lending product aimed at underserved clients. By Aileen McDonough. Name: Woodforest National Bank.

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PYMNTS

JANUARY 26, 2017

The city is able to attract investors due to its low logistical and operational costs and excellent infrastructure, international outlook and liberal government policies. Dubai is part of the United Arab Emirates, which is considered to be a low-crime and politically stable country. 2016, the inflation rate was 0.12

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Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. Lifetime Leadership Achievement Awards. Doug Fecher , President and CEO, Wright-Patt Credit Union – In a 21-year solid leadership run, Doug led the growth of Wright-Patt from $600 million to $6.8

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Jeff For Banks

MARCH 27, 2015

Perhaps the financial crisis, which credit unions survived surprisingly well with the exception of corporate credit unions (similar to bankers'' banks), woke up credit union leadership to scrutinize operating expense to increase profits. Where do you think credit unions get their capital? Yes, you read profits.

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Fintech Labs Insights

DECEMBER 23, 2015

In a bid to grow its fund accounting and business process services and capabilities, Bangalore-based IT consultancy, Wipro , has agreed to acquire Viteos Group. Viteos Group provides a proprietary platform built for cross-border, any-asset class, any-currency, post-trade operations for the U.S.

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PYMNTS

NOVEMBER 28, 2016

Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. “We have seen repayments in agriculture and our small business group.” Some of the world’s largest banks were met with big change in recent days.

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