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WEX President and CEO Named a Most Influential Woman in Payments
WEX Inc. , a leading provider of corporate payment solutions, today announced that its president and CEO, Melissa D. Smith, was selected as one of the top 20 "Most Influential Women in Payments" in 2014 by PaymentsSource, a leading industry publication owned by SourceMedia.
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Tue Apr 22, 2014
Central 1 Credit Union Announces Offering of 2.89% Series 4 Subordinated Notes Due April 2024
Central 1 Credit Union today announced that it will issue $200 million principal amount Series 4 Subordinated Notes that will mature on April 25, 2024.
Thu Apr 17, 2014
The Daily Herald
$18M released to expand access to credit for small businesses, manufacturers
Thursday, U.S. Sen. Sherrod Brown , chair of the Senate Banking Subcommittee on Financial Institutions and Consumer Protection, announced the availability of more than $18 million in new federal funding to help Ohio small business and manufacturers grow operations and create jobs by increasing access to available credit.
Maine Moves Closer to Adopting the National Safe Mlo Test
Last month, Maine state lawmakers passed legislation that became law without Governor Paul LePage's signature that removed statutory language to facilitate the adoption of the Uniform State Test by the Maine Bureau of Financial Institutions.
Feds raid Scottsdale luxury car dealership
SCOTTSDALE, Ariz. -- Federal agents and Scottsdale police are expected to return to a luxury car dealership after raiding the business Wednesday Agents with the Internal Revenue Service converged on Luxor Auto Group , which is located on Scottsdale Road south of Osborn Road, Wednesday afternoon.
Wed Apr 16, 2014
Insurance Journal West
Zurich Launches Risk Management Tool for Financial Institutions
Zurich has launched a new Enterprise Risk Management healthcheck assessment tool for financial institutions.
Tue Apr 15, 2014
Mon Apr 14, 2014
The Globe and Mail
Regulator lays groundwork for new mortgage rules
The guidelines, which have been in the works since 2012, remain a proposal. The Office of the Superintendent of Financial Institutions will now hear comments and suggestions from mortgage insurance companies and others until May 23 before releasing a final set of rules.
Caribbean News Now!
Bahamas foreign minister attends special interest meetings in Washington
Fred Mitchell , Minister of Foreign Affairs and Immigration, and His Excellency Dr. Eugene Newry , Bahamas Ambassador to the United States, are pictured with Congressman Gregory W. Meeks, Representative for New York's Fifth Congressional District, Senior Member of the House Financial Services Committee and Ranking Member of the Subcommittee on ... (more)
Sun Apr 13, 2014
Kennebec Savings Bank changing structure
For the future: Kennebec Savings Bank Executive Vice President Andrew Silsby, left, and President Mark Johnston outside the bank in a file photo from October 2013.
Fri Apr 11, 2014
PNC Bank Canada Branch President Hines talks service expansion
Bill Hines , president and principal officer of PNC Bank Canada Branch, was in town as part of "Pop-Up! Canada," the temporary consulate set up April 7-11 in Pittsburgh by the Canadian General Consulate, and I sought him out for more details on PNC Financial Services Group Inc.'s operations and intentions across the border.
Thu Apr 10, 2014
Globe and Mail
Regulator set to release new mortgage rules
Canada's financial regulator is close to releasing a new set of standards for Canada's mortgage insurers, one that the real-estate industry has worried may chill the market.
Wed Apr 09, 2014
Key post of deputy finance minister vacant as Michael Horgan resigns
The departure of Deputy Finance Minister Michael Horgan leaves another big hole in the Conservative government's senior financial team.
Finextra Research news
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Tue Apr 08, 2014
Bill to bar new payday lenders fails in committee
A proposal that would keep Louisiana from licensing new payday lenders has failed to win support from a House committee that has been sympathetic to the industry.
Mon Apr 07, 2014
SBDC presentation focuses on the correct way for businesses to raise capital
BELLINGHAM The Western Washington University Small Business Development Center , in partnership with the Washington Department of Financial Institutions, will host a presentation entitled "The Rules of Raising Money" from 5-7 p.m. on Wednesday, April 23 at the Quality Inn at 100 Kellogg Rd. in Bellingham.
Supporters of payday loan limits point to new data
Supporters of a bill by Baton Rouge Rep. Ted James argued Monday that the report demonstrates that payday lenders, which offer short-term loans with high interest rates, trap people in debt.
International Analysis of Venture Capital Programs of Large Corporations and Financial Institutions
In this article, we investigate what drives large companies worldwide to run venture capital programs, specifically targeting Fortune Global 500 companies.
Fri Apr 04, 2014
BVI Financial Institutions now able to register with the IRS for a GINN
In a welcome announcement made on 2 April 2014, the US Internal Revenue Service made provision for Financial Institutions in jurisdictions that have already reached an "agreement in substance" on the terms of a Model 1 or Model 2 intergovernmental agreement to register with the IRS and obtain a GIIN notwithstanding that the IGA is yet to be ... (more)
Thu Apr 03, 2014
Assembly GOP leaders call on Rep. Kramer to resign
Assembly Republican leaders are calling on former majority leader Bill Kramer to resign.