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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Outstanding automotive loan balances rose 11.5% from a year earlier in the fourth quarter, Experian Automotive said Tuesday.
By Jacob PassyFebruary 9 -
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Heartland Financial USA in Dubuque, Iowa, has completed its acquisition of CIC Bancshares in Denver and made related executive moves.
By Jacob PassyFebruary 8 -
Fit Pay in San Francisco has launched a campaign on the crowdfunding site Kickstarter to raise funds for the final production of a payment-enabled wristband developed for Pebble Time smartwatches.
By Jacob PassyFebruary 8 -
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When Armine-Klein joined the company in May 2014, First Data held a 45% rating on the Human Rights Campaign Corporate Equality Index, which is used to benchmark corporate policies and practices regarding lesbian, gay, bisexual and transgender employees. Today, First Data holds a score of 100%.
By Jacob PassyFebruary 8 -
Work-life balance has taken a new meaning for Synchrony Financial's Carol Juel since her company began its spinoff from GE over a year ago.
By Jacob PassyFebruary 8 -
As ACI Worldwide's executive vice president of application development, addressing the real-time payments challenge falls squarely on her shoulders.
By Jacob PassyFebruary 8 -
To Kennel, mentorship and encouragement from the top down would go much further toward boosting workplace diversity than any sort of formal association.
By Jacob PassyFebruary 8 - New York
First Niagara Financial Group in Buffalo, N.Y., which is being sold to KeyCorp, cited restructuring and merger-related charges in reporting a 30% profit decline.
By Jacob PassyFebruary 5 -
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Financial companies from SunTrust to SoFi will be advertising in Sunday's game a rare sight in recent years despite the estimate $5 million price tag.
By Jacob PassyFebruary 4 -
First Resource Bank in Exton, Pa., has received federal regulatory approval to exit the Small Business Lending Fund program.
By Jacob PassyFebruary 4 -
Atlantic Capital Bancshares in Atlanta has formed a lending division to focus on the emerging film and entertainment industry in Georgia.
By Jacob PassyFebruary 3 -
Contactless payment company Zapper is integrating PayPal's One Touch to power faster execution for contactless transactions.
By Jacob PassyFebruary 3 -
SunTrust Banks in Atlanta said Tuesday that it has created a new line of business specializing in the payments and technology industry.
By Jacob PassyFebruary 2 -
Salisbury Bancorp in Lakeville, Conn., has named James Cotter the chief operating officer of Salisbury Bank & Trust.
By Jacob PassyFebruary 2 - New York
Fourth-quarter profit tanked at CIT Group in New York, as the costs to dismiss former OneWest Bank executives, and losses tied to the sale of Brazilian businesses weighed on results.
By Jacob PassyFebruary 2 -
TFS Financial in Cleveland reported higher fourth-quarter profit, citing a $1 million negative loan-loss provision.
By Jacob PassyJanuary 29 - Louisiana
Iberiabank in Lafayette, La., reported higher fourth-quarter profit on loan growth and mortgage revenue and planned an additional round of branch closings.
By Jacob PassyJanuary 28

