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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BOK Financial in Tulsa, Okla., has reorganized several management posts following the resignation of its chief operating officer.
By Jacob Passy and Robert BarbaMarch 20 -
Peapack-Gladstone Financial in Bedminster, N.J., has agreed to buy Wealth Management Consultants in Morristown, N.J.
By Jacob PassyMarch 20 -
In just one week, Swedish company Seamless has expanded its SEQR mobile payment service to three more countries in Europe.
By Jacob PassyMarch 20 -
Moneris Solutions Corp. was chosen to handle all payment processing for the Government of Canada, the company announced March 19.
By Jacob PassyMarch 19 -
Payment solutions provider Global Payout has designed an electronic, closed-loop payment system to address the challenges faced by the medical and recreational marijuana industries.
By Jacob PassyMarch 18 -
Mortgage default rates remained largely unchanged in February amidst mixed results nationwide, according to data released by S&P Dow Jones Indices and Experian.
By Jacob PassyMarch 18 -
Ripple Labs has hired Anja Manuel, a former U.S. State Department official, as an adviser to the company, the cryptocurrency payments startup is expected to announce Wednesday.
By Jacob PassyMarch 18 -
SAS has launched a new solution designed to allow banks to rapidly test anti-money laundering scenarios, the business analytics software and services provider announced March 16.
By Jacob PassyMarch 17 -
Bryn Mawr Bank in Pennsylvania has filed documents to raise up to $200 million.
By Jacob PassyMarch 17 -
TD Bank will launch TD Connect, its second prepaid card aimed at helping consumers budget their spending.
By Jacob PassyMarch 17 -
Warburg Pincus is set to sell its remaining shares of National Penn Bancshares in Allentown, Pa.
By Jacob PassyMarch 17 -
Purchase, N.Y.-based MasterCard is working with Sao Paulo, Brazil-based Itau Unibanco in establishing and operating an electronic payments network in the South American country.
By Jacob PassyMarch 17 -
WEX Inc.'s Australian subsidiary WEX Finance has received a MasterCard issuing license, the company announced March 16.
By Jacob PassyMarch 16 -
Bipartisan legislation introduced in the Senate this week would make it easier for consumers to secure financing to purchase manufactured housing.
By Jacob PassyMarch 13 -
Charles "Stormy" Greef, a partner with Hunton & Williams' financial institutions team, died March 10. He was 66.
By Jacob PassyMarch 12 -
The largest franchisee of the Sonic fast-food chain has rolled out Mobivity Holdings Corp.'s SmartReceipt technology at various locations with plans for additional distribution.
By Jacob PassyMarch 10 -
U.S. Bank and Old National Bancorp were the only two American bank companies named to the Ethisphere Institute's 2015 World's Most Ethical Companies list.
By Jacob PassyMarch 9 - Rhode Island
Citizens Financial Group has hired Eric Aboaf as chief financial officer, as John Fawcett said he will retire from that position next month.
By Jacob PassyMarch 9 -
MSB Financial, the holding company of Millington Savings Bank, has filed to pursue a mutual-to-stock conversion.
By Jacob PassyMarch 9 -
Bank of America has hired former Duke Energy executive Brett Carter as chief operating officer for its global technology and operations unit.
By Jacob PassyMarch 6
