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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UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.
October 20 -
Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.
October 19 - PSO content
Citi is expanding its Payment Exchange service into Canada, following up on what it called a successful U.S. launch in 2012.
October 19 -
WEX has agreed to acquire fleet card provider Electronic Funds Source in a stock-and-cash deal.
October 19 -
Communities First Financial in Fresno, Calif., has a new chief executive.
October 16 -
Investar Holding in Baton Rouge, La., has made a series of changes to its executive ranks.
October 16 -
The fleet card provider WEX has agreed to acquire software-as-a-service technologies provider Benaissance.
October 16 -
Barclaycard and travel site priceline.com have extended their co-branding agreement, which means consumers can still get a credit card with pitchman William Shatner's face on it.
October 16 -
New York's state banking regulator may have set down rigorous guidelines for the Symphony online messaging service. But will the rules actually work, and will other agencies will adopt similar guidance?
October 15 -
Nusenda Credit Union took home the prize for "Most Innovative Community-Based Banking Organization" at the 2015 Global Banking Innovation Awards hosted by BAI-Infosys Finacle in Las Vergas.
October 14
