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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Cullen/Frost Bankers will consolidate about 175 employees at a new office tower in Fort Worth, Texas, for which it will also be the anchor tenant.
By Jacob PassyOctober 9 -
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Allegiance Bancshares expects to raise about $54.6 million in its initial public offering, as the Houston company priced the offering more than two years after expressing interest in going public.
By Jacob PassyOctober 8 -
Fifth Third Bank has formed a partnership with cloud-based payment and digital banking provider Bottomline Technologies to provide electronic payment services to the banks business customers.
By Jacob PassyOctober 8 -
Alma Bank in Long Island City, N.Y., will integrate technology from Diebold that allows for cardless transactions at automated teller machines.
By Jacob PassyOctober 8 -
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The Carolinas Credit Union Foundation is raising funds to support people within the credit union movement affected by the torrential floods that have hit North Carolina and South Carolina.
By Jacob PassyOctober 7 -
MasterCard and mobile commerce provider P97 are collaborating to support a service that helps consumers find and make mobile payments at gas stations and convenience stores.
By Jacob PassyOctober 7 -
JetPay Payment Services has chosen debit technology and processing veteran Thomas Tesmer as its new chief operating officer.
By Jacob PassyOctober 7 -
From "too big to fail" to Glass-Steagall, the two leaders of the postcrisis recovery hashed out the economic issues, while pitching Bernanke's new book.
By Jacob PassyOctober 7