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Sterling National Bank announced a Banking as a Service (BaaS) agreement with Rho Technologies, the fintech company behind Rho Business Banking. Rho Technologies is a digital platform that provides companies with a suite of commercial banking and financial software solutions. Sterling will provide Rho with a holistic package of wholesale banking solutions to support their rapid expansion and accelerate customer growth. This collaboration is a multi-service partnership that combines Sterling’s Read Story

Filed Under: FinTech
April 05, 2021 @ 08:19 AM

Signature Financial announced the appointment of seven equipment finance Executive Sales Officers (ESOs), bringing the total to 33 throughout the country. The Company also announced the addition of two asset management officers in support of its growth initiatives.An equipment ESO is responsible for providing commercial clients financing and leasing solutions to facilitate their acquisition of income producing equipment. Alfredo Anguiano joins from Wells Fargo Equipment Finance where he served Read Story

April 06, 2021 @ 08:15 AM

Goulston & Storrs, an Am Law 200 firm, promoted five attorneys to partner, Timothy John Carter, Brian W. Dugdale, George W. Evans, III, Philip E. Tedesco, and Megan Watts.“We are thrilled to elevate these five talented attorneys to director,” said Bill Dillon, Co-Managing Director at Goulston & Storrs. “Each one has proven themselves invaluable to our firm and our clients, and we look forward to their continued success as members of our firm’s partnership.”Timothy John Carter will continue to Read Story

April 05, 2021 @ 07:33 AM

Texas Capital Bank appointed Julia Harman to the newly created position of Head of Corporate Banking, effective immediately. This appointment reflects the Company’s commitment to grow its C&I offering through broader and more tailored services for larger clients. Ms. Harman will report directly to Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank, N.A. and Texas Capital Bancshares, Inc.As Head of Corporate Banking, Ms. Harman will be responsible for directing Texas Read Story

April 08, 2021 @ 07:55 AM

Bank of America acquired Axia Technologies (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient payments.The acquisition will deepen and expand Bank of America’s payment offerings for healthcare clients and will further accelerate the bank’s ability to serve this key vertical. It is part of a broader initiative to integrate merchant services onto its proprietary platform following the dissolution of its merchant services joint venture Read Story

Filed Under: Industry News
April 05, 2021 @ 07:24 AM

2021-04-18 04:13