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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The chief executive of First Capital Bancorp in Glen Allen, Va., plans to resign, about a month after the company agreed to sell itself.
By Jacob PassyNovember 4 -
Standard Chartered Bank and Airtel Ghana Limited are collaborating on a mobile wallet in the West African country.
By Jacob PassyNovember 4 -
A rail network in London plans to distribute free payment wristbands to passengers to lower costs and reduce paper-based ticketing on one of the few sections of the city's commuter network that has not adopted contactless payments.
By Jacob PassyNovember 4 -
Uber Technologies is drafting plans to offer banking services to its drivers as part of an effort to fend off ride-sharing competition, according to a report by Quartz.
By Jacob PassyNovember 3 -
FirstBank Holding in Lakewood, Colo., has picked new presidents for its Denver market and its market for the western suburbs of Denver.
By Jacob PassyNovember 3 -
Airbnb is integrating with American Express to enable cardholders to sign up for the short-term rental platform and using its services.
By Jacob PassyNovember 3 -
Customer acquisition firm Avoka and identity verification company Trulioo have teamed up to create a real-time know-your-customer and anti-money-laundering identity verification service.
By Jacob PassyNovember 3 -
MasterCard has named Craig Vosburg president of North America markets.
By Jacob PassyNovember 3 -
MasterCard has appointed Craig Vosburg to president of North America markets.
By Jacob PassyNovember 3 -
WireCash, an online marketplace for international remittances, has added the Brazilian company Pontual to its platform.
By Jacob PassyNovember 2 -
Flushing Financial in Uniondale, N.Y., has promoted newly hired executive Susan Cullen to chief financial officer.
By Jacob PassyNovember 2 -
Eagle Bancorp in Bethesda, Md., has redeemed all the shares it accumulated through the Small Business Lending Fund program.
By Jacob PassyNovember 2 -
The $815 million-asset company said in a press release Friday that it will close locations in Ilwaco and Ferndale in western Washington.
By Jacob PassyOctober 30 -
Digital commerce and payments company Mozido has named R. Todd Bradley as its new chief executive.
By Jacob PassyOctober 30 -
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Great Western Bancorp in Sioux Falls, S.D., reported higher quarterly profit on loan growth and improved efficiency.
By Jacob PassyOctober 29 -
United Bankshares in Charleston, W.Va., recorded profit growth in the third quarter on higher average earning assets.
By Jacob PassyOctober 29 -
Filene Research Institute is soliciting existing, in-market products and programs in consideration for a new project.
By Jacob PassyOctober 29 -
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Mercantile Bank in Grand Rapids, Mich., plans to close five branches to cut costs. The $2.9 billion-asset company said in a press release Wednesday that it plans to close the branches in the first quarter.
By Jacob PassyOctober 28
