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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ING has purchased Belgian digital loyalty platform Qustomer as part of its larger strategy to boost mobile payments.
By Jacob PassySeptember 9 -
Bank of Fincastle in Virginia has named Charles Scott Steele chief executive, after its longtime CEO retired.
By Jacob PassySeptember 9 -
Bryn Mawr Bank in Pennsylvania has hired Michael Harrington as its chief financial officer and treasurer. Harrington, who was also named CFO of Bryn Mawr Trust, was the CFO and treasurer at Susquehanna Bancshares, which was acquired earlier this year by BB&T.
By Jacob PassySeptember 9 -
Private label and co-brand card provider Alliance Data Systems Corp. has released an EMV co-brand card that features tap-and-pay functionality.
By Jacob PassySeptember 9 -
What does a small bank do when a much larger bank encroaches on its home turf?
By Jacob PassySeptember 8 -
Card payment acquirer and payment service provider EVO Payments has bought Citigroups merchant acquiring business in Mexico for an undisclosed sum.
By Jacob PassySeptember 2 -
Ebrahim Shabudin, former chief operating officer and chief credit officer at United Commercial Bank in San Francisco, has been sentenced to 97 months in prison for securities fraud related to the bank's failure.
By Jacob PassySeptember 2 - PSO content
Mobile payments company Bango and Telkom South Africa have joined forces to launch carrier billing through Google Play.
By Jacob PassySeptember 2 -
Auburn State Bank and Carson National Bank of Auburn in Nebraska have received the go-ahead from the Federal Reserve to merge.
By Jacob PassySeptember 1 -
The Office of the Comptroller of the Currency has lifted its operating agreement with the banking unit of Capital Bank Financial in Coral Gables, Fla.
By Jacob PassySeptember 1