Jacob Passy is a reporter with National Mortgage News, covering breaking news in the residential mortgage industry. Passy has been with SourceMedia since 2015 and previously served as a breaking news reporter for American Banker. His work has appeared in numerous publications including CNBC, NBC News and the Wall Street Journal's Speakeasy blog. He is a graduate of the CUNY Graduate School of Journalism and Tufts University.
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China UnionPay and Visa signed a memorandum of understanding Thursday to jumpstart collaboration between the two companies.
By Jacob PassyFebruary 25 -
The Independent Community Bankers of Minnesota said Jim Amundson will be its next president and chief executive.
By Jacob PassyFebruary 25 -
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U.S. Bancorp announced executive moves at two of its payments units: Jamie Walker was named chief administrative officer for U.S. Bank Payment Services, and Bradley Herring was hired from Fiserv to succeed Walker as CFO of Elavon, U.S. Bancorp's merchant acquiring arm.
By Jacob PassyFebruary 24 -
Carolina Alliance Bank in Spartanburg, S.C., has exited the Small Business Lending Fund program.
By Jacob PassyFebruary 24 -
The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.
By Jacob PassyFebruary 16 -
ACI Worldwide has begun to lend a hand in The Clearing Houses effort to create a real-time payments system in the United States.
By Jacob PassyFebruary 16 -
Enterprise Car Sales helped rev up auto lending among its credit union partners, generating roughly $500 million in auto loans during 2015.
By Jacob PassyFebruary 15 -
Flagstar Bancorp in Troy, Mich., has launched a national homebuilder lending platform.
By Jacob PassyFebruary 12