Digital Mortgage Direct Page

On Sep. 30, 2021. Dollars in thousands.

Ravi Mallela will step down as chief financial officer in early January. Chief Risk Officer Ralph Mesick will serve as interim CFO while the company searches for Mallela's replacement.

The combination of First Service Credit Union and People’s Trust Credit Union would create an institution with over $1.3 billion of assets and more than 98,000 members.

The charity has added digital and contactless options to its traditional cash collections.

The consumer bureau asked for public feedback about payment platforms as part of a focus on the Silicon Valley giants’ financial services aspirations. But comment letters so far have been dominated by users complaining that they lost money on the big-bank-owned peer-to-peer network.

Credit risk management is about to get a lot more complicated for commercial lenders as major central banks raise interest rates. Banks need to learn to parse new kinds of data to avoid problem loans.

Standard Chartered has been handed a record fine by the U.K.’s top banking regulator after a spreadsheet error resulted in the emerging markets-focused lender overestimating its access to U.S. dollar funding.

Jane J. Wang is the CEO & co-founder of Optimity, an insurtech firm based in Toronto, Ontario, Canada. With nearly 20 years of combined experience in healthcare and technology, Jane believes success begins with being a good communicator and a better listener.

Rupak Ghose is chief operating officer of Galytix.

At Tractable, Jimmy supports the North American leadership in driving the adoption of Tractable's artificial intelligence products. Spears joined Tractable after 30+ years working in the insurance and automotive industry, where he led USAA's auto claims experience and global auto physical damage operations and strategy, and the Strategic Initiatives team at Farmers Insurance. He also served 13 years in the US Army and is a combat veteran of Operation Desert Shield/Desert Storm.