CARMEL, Ind. – Securian Financial said yesterday its Allied Solutions unit has acquired as 25% stake in Integrity Systems, as part of a management buyout of the Phoenix-based provider of performance and sales enhancement strategies. The new company, Integrity Solutions, will build on the legacy Integrity’s founder Ron Willingham of development programs for sales and service professionals, by offering more comprehensive solutions for increasing sales, improving customer loyalty and retaining talented people. Integrity claims a base of more than 1,500 clients in 80 countries. Financial terms of the deal were not disclosed.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
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The nation's largest bank is planning to implement fees for access to data that has traditionally been provided free of charge. Data aggregators and fintechs accused JPMorgan of exploiting regulatory uncertainty and raising prices for consumers.
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Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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The buyer said its $70 million cash-and-stock deal for Farmers State Bank will boost its presence in the northeast section of Ohio, and provide plenty of low-cost deposits
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Cyber firms are teaming up with cloud providers to build faster, smarter AI-powered defenses.
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Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their underwriting standards amid economic uncertainty.
July 11