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Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery
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Deloitte CFO Signals™ Survey: CFOs Cite Risks of New Virus Waves and Growing Skepticism About the Pace of Recovery

Fintech News Desk
Key takeaways (PRNewsfoto/Deloitte) (PRNewsfoto/Deloitte) CFOs express concerns over new virus waves, more shutdowns, and the pandemic triggering a longer-term recession. Eighty-four percent of CFOs now say equity markets are overvalued — the second-highest level in survey history. Just 2% say markets are undervalued. On average, CFOs expect to achieve 74%......
Paul R. Garcia Elected to Deluxe Board of Directors
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Paul R. Garcia Elected to Deluxe Board of Directors

Fintech News Desk
Deluxe, a Trusted Business Technology™ company, announced the election of Paul R. Garcia to its Board of Directors on Aug. 18, 2020. Mr. Garcia (68) is the retired Chairman and Chief Executive Officer (CEO) of Global Payments Inc., a publicly traded, leading provider of credit card processing, check authorization and......
Sanctuary Wealth Recruits $4 Million Producer From Merrill Lynch
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Sanctuary Wealth Recruits $4 Million Producer From Merrill Lynch

Fintech News Desk
The Longo Group, managing more than $530 million in client assets, is Sanctuary’s first New Orleans/Gulf Coast partner Sanctuary Wealth, home to the next generation of elite financial advisors, has expanded its network into the New Orleans and Mississippi Gulf Coast region with the addition of its first Louisiana team, The Longo Group, to the......
Banking Fintech News

Real-Time Payments Gaining Traction Among Businesses

Fintech News Desk
Survey from Citizens Commercial Banking finds nine out of 10 businesses interested in new payment standard Real-time payments (RTP), the emerging standard in U.S. billing and payment processing, continues to gain traction among businesses with nine out of 10 business leaders reporting interest in the network, according to Citizens Commercial Banking’s......
Creation of the European PayTech Leader a Powerful Strategic Combination Between Nexi and Nets
Banking Fintech News

Stripe Hires Dhivya Suryadevara from General Motors as their New CFO

Fintech News Desk
Dhivya joins from General Motors, the largest American automobile manufacturer, where she was Chief Financial Officer Her experience managing high-scale, global operations and driving strategic business transformation will help accelerate Stripe’s growth Stripe exceeds growth expectations as the world economy shifts online at faster rate Stripe, a global technology company......
BlackLine Reveals CEO Succession Plan
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BlackLine Reveals CEO Succession Plan

Fintech News Desk
President & COO Marc Huffman appointed CEO as of Jan. 1st, 2021; Founder Therese Tucker to serve as executive chair(BlackLine ) Accounting automation software leader BlackLine, announced that the board of directors has elected Marc Huffman as chief executive officer, effective January 1st, 2021.  Mr. Huffman currently serves as president and chief operating officer.  Therese Tucker,......
Business News

TD Ameritrade Institutional: RIAs Are Prepared to Weather Coronavirus Challenges

Fintech News Desk
New FA Insight Study Reveals Productivity Gains but Tempered Growth Expectations for 2020 Amid the immense challenges and disruption spawned by the coronavirus pandemic, independent registered investment advisors (RIAs) are again proving their resiliency, course-correcting as needed to position themselves for long-term growth, according to new FA Insight benchmarking research from TD Ameritrade......
Artificial Intelligence InsurTech News

Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

Fintech News Desk
 World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale In a transformational move, Acrisure today announced that it has acquired artificial intelligence (AI) leader Tulco LLC’s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry.......
Banking Fintech News Risk Management

Tink Announces Acquisition of Credit Decision Solutions Provider Instantor

Fintech News Desk
Open banking platform Tink continued its European expansion with the new acquisition of Instantor, a leading European provider of credit decision solutions. The acquisition will strengthen Tink’s product offering and market position in Europe. Following the acquisition, Instantor’s products and services — that are used by more than 150 live......
Wells Fargo Launches $400 Million Small Business Recovery Effort
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Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
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