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Fiserv Small Business Index Shows Sales Momentum Heading into Holiday Season
Index rises to 146 as sales increase +2.3% year over year and +0.3% month over monthMILWAUKEE, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today published the Fiserv Small Business Index for October 2026, showing encouraging momentum for small businesses as the holiday season gets underway. Sales rose +2.3% year over year, the strongest year-over-year gain since July 2025, and +0.3% month over month. The
Amid private equity slowdown, Vistria’s capital returns are surging
Vistria founder Kip Kirkpatrick credited the firm’s robust activity to its focus on the healthcare, education and financial services sectors.
First Business Financial Services (FBIZ) Stock Price Rises On Record Q3 Earnings
First Business Financial Services stock closed up 2.2% at US$75.40 after its Q3 2026 earnings hit the tape. On the surface that looks like a routine relief move. The headline is stronger, with record quarterly profit, basic earnings per share at about US$1.95, and net interest margin at 3.8% for the quarter. Short term traders see a modest bounce. Long term holders see something different: a banking business posting record pretax pre provision results while the efficiency ratio improves to...
Can Banks Deny Businesses Over Their Beliefs? South Carolina’s New Law Says No
South Carolina is restricting when large banks and payment companies deny financial services to businesses, aiming to prevent discrimination based on protected religious beliefs, political expression, and other nonfinancial factors while...
Tips for Michiganders on purchasing health insurance when open enrollment begins Nov. 1
The Michigan Department of Insurance and Financial Services is encouraging ACA marketplace enrollees to get ready before the start of open enrollment.
What First Business Financial Services (FBIZ) Said on Its Q3 Earnings Call
First Business Financial Services (NASDAQ:FBIZ) reported record third-quarter 2026 pre-tax, pre-provision and bottom-line earnings, supported by loan and deposit growth, an expanded net interest margin and lower expenses. President and CEO Dave Seiler said earnings per share increased 6% from the s
New platform aims to bridge health and financial planning for advisors
Two financial services veterans launch a longevity platform designed to give advisors a structured process when clients’ health changes.
Iowa Division of Credit Unions announces leadership transition
Kevin Gorman has been appointed interim superintendent of the Iowa Division of Credit Unions, succeeding Katie Averill, who is stepping down to accept a position in the private sector, the Iowa Department of Insurance and Financial Services announced. Gorman assumed the role Oct. 23. Averill had served as superintendent since her appointment in 2017. Gorman…
Exclusive | Sea’s CEO Says Financial Services Arm Could Go Public
Chief Executive Forrest Li said going public could give Monee the resources and the room to go further and faster.
Money20/20: Where Banks, Big Tech and Regulators Do Business
Jessica Blue, Executive Vice President of Money20/20 USA, explains why convergence, partnerships and trust will define the next era of financial services
First Command wins 2026 Patriots in Business Award, its second since 2024
FORT WORTH, Texas — First Command Financial Services, Inc. has been named a winner of the 2026 Patriots in Business Award. It is the second time the
ON THE JOB: ‘Where Do You See Your Career or Business in 3 to 5 Years?’
“For the next three to five years, I am looking to grow Oswego County Opportunities’ support for the county’s economic development to fight poverty and take advantage of the major investments that are coming to the area.” — Kevin Dean, Executive director, Oswego County Opportunities, Fulton “I love what I’m doing. I’m trying to do this as long as they let me. It’s so exciting to walk the floors at the various factories, talk with community leaders and be part of the solutions to their business problems. As we do this work with manufacturers and community members, we are helping the next generation have these great jobs in skilled manufacturing. I’d like to have the same job title for years to come. I’ve watched the last five years with awe and it makes me proud and excited to be from Upstate New York. I want to keep being part of the conversation that, yes, we can do it in Upstate New York.” — Randy Wolken, President and CEO, Manufacturing Association of Central New York (MACNY) “I oversee the Rochester and Syracuse offices. We’re seeing continual growth as there are more and more job seekers and companies that are looking to fill positions as the economy grows. I’d like to have another Upstate New York office in our region to help promote people under me. I want to see that happen. With an increase in the job market, that is what the end goal is here for sure. We currently have offices in Rochester, Buffalo, Syracuse and Albany, among more than 300 worldwide.” — Briana Calabrese, Marketing director and vice president of finance & accounting and administrative & customer support, Robert Half Recruiters & Employment Agency, Syracuse “Hopefully, we’ll continue to grow by word of mouth. I just took over a couple of years ago. I was an employee for 27 years. Business is great and we’re up on sales from where we were last year and I’m hoping that continues to happen. I get an overwhelming response from people who say they want to support local businesses. It’s my objective when people walk out the door that they want to come back. In a small town like this, it’s crucial. I see myself in five years doing exactly what I’m doing now: sticking with it and trying to grow Fulton Screen Printing.” — Tim Stone, Owner, Fulton Screen Printing, Fulton “I am 85 years old and teach four fitness classes a week and swim four times a week. I hope to live to be 90 — if I can do that, I won’t complain. The older I get, the less afraid I am of dying. What I don’t want to do is get some sickness where I’m lingering and I’m in pain and it just goes on and on. I expect to be exercising as much as I can and I hope I will know when I need to back off to accommodate different problems I may have when I’m older. For a short time, I got up at 6 a.m. to jog for a half hour every morning. But I had to avoid dogs, so I quit jogging. I hope to be able to swim for life. When I swim for half an hour, whatever problems I have wash away. I will still be working in exercise in five years. I also write research articles. It challenges my mind. You have to challenge your mind and body and have some kind of goals and reasons to go on living. My wife died three and a half years ago, so I try to go out and do things, even though she’s no longer here.” — Fred Wilson. Certified personal trainer at Fitness After 50 and leader of senior fitness classes, Syracuse “I expect to continue working as a local financial adviser professional for the next several years. I really enjoy working with my clients and consider it a privilege to come to work every day, helping my clients reach their financial goals.” — Randy L. Zeigler, Certified financial planner practitioner, chartered financial consultant and private wealth adviser, Ameriprise Financial Services, LLC, Oswego “I see myself doing something with young people. I want to open an after-school program as a safe space for high schoolers where they can get tutored, behavioral health, get something to eat. I want to do something with policy. I have thought of doing something with neurodivergent kids where kids can run some kind of business. I want to do anything with community like therapy and psychotherapy. I want to still be able to offer those services to people. At 55, I’m not sure how much I will do. I will see what happens after graduation from Keuka College.” — Della Joyce Smith, Master’s student, Syracuse “I think the core of the gym is in personal training. I don’t see that changing. People will still need a gym and personal training will stay. There may be some loss to AI as there is in just about every industry, but there’s always been the ability to go online and get a workout. I don’t think AI will cut into business any more than the internet has. I think the class structure is shifting. Large group classes might be fading away for a while. I see more people going to specialized classes like Pilates. I wouldn’t be surprised if maybe the traditional classes like boot camps started to fade away. It’s important to adapt. Maybe someday I’ll need to get some new kinds of classes. Everything tends to go in cycles.” — Ryan Vollmer, Certified personal trainer and owner Edge Strength and Conditioning, Syracuse “I have been growing my firm at 24% a year. In five years, we may be purchasing or building a new office building to accommodate the new growth. Right now, our focus is on growth and adding team members, mostly financial advisers and administrative staff.” — Terri Krueger, Chartered financial consultant and senior financial adviser with Orla Wealth Management in Syracuse “Over the next three to five years, I see TDO continuing to experience steady, sustainable growth as new industries establish and expand their presence across Central New York. These investments will create new opportunities throughout the regional manufacturing supply chain, and TDO will continue evolving our capabilities to help both existing manufacturers and emerging industries grow, compete, and succeed.” — Jim D’Agostino, CEO and executive director Central New York TDO (Train, Develop, Optimize), Liverpool
New Board Members and Leadership Team at OH Foundation
The Oswego Health Foundation has announced the appointment of two new members to its board of directors, along with new officers who will lead the foundation as it continues its mission of strengthening healthcare in the communities served by Oswego Health. Joining the board are: [caption id=attachment_11136 align=alignleft width=180] Susan Brannan Cole[/caption] • Susan Brannan Cole. She is a public affairs, marketing and communications leader with more than 20 years of experience. She serves as regional manager of external affairs for National Grid in Central New York. Cole also brings significant healthcare communications experience, having spent several years at Upstate Medical University in media relations, digital strategy and public engagement. She previously held leadership roles in communications and government affairs at Novelis and Constellation in Oswego. A graduate of SUNY Oswego, she is passionate about strengthening Central New York communities and supporting initiatives that improve quality of life across the region. [caption id=attachment_11129 align=alignright width=150] Rich Baldwin[/caption] • Rich Baldwin. He serves as director of marketing and business development at King + King Architects, where he leads the firm’s marketing, communications and business development initiatives. Baldwin has remained actively involved in community and nonprofit organizations, including previously serving on the board of regents at Le Moyne College. He has also supported community initiatives through organizations including the Onondaga Historical Association and Father Champlin’s Guardian Angel Society. New leadership at the foundation are: • William W. “Bill” Crist will chair the Oswego Health Foundation. He brings more than 40 years of experience in education, from classroom teacher to superintendent of schools. He retired in 2023 from the Catholic Schools of the Diocese of Syracuse and remains deeply engaged in the community through numerous nonprofit and volunteer boards. He also serves as chairman of the Sanctuary Advisory Board for the proposed Lake Ontario National Marine Sanctuary. • Heather Sunser will serve as vice chair. Sunser is a financial services practice group leader at Barclay Damon LLP, where she focuses primarily on real estate law, institutional lending, land use and municipal compliance. A graduate of Syracuse University College of Law, she is also active in community service, volunteering with Vera House Legal Clinic, Habitat for Humanity and the Volunteer Lawyers Project of Onondaga County. She serves on the Board of Trustees of the Onondaga County Bar Foundation. • Darcy Antonucci will be the foundation’s treasurer. Antonucci serves as comptroller for Broadwell Hospitality Group, overseeing the financial functions of nine growing corporations as well as the company’s administrative departments. She brings extensive experience in finance, human resources and business operations, along with a strong record of community leadership. Antonucci has served on the Compass Credit Union board of directors and is an active member of the Trinity Catholic School Board. She has also been involved with the Oswego Health Foundation Gala Committee since 2018. • Attorney Rachael A. Dator will serve as secretary. Dator serves as administrator of the Oswego County Assigned Counsel Program, where she oversees grant funding, budgeting and program operations. With more than a decade of legal experience, she has served as an assistant district attorney, court attorney and legal counsel to municipalities and social services organizations. Dator brings extensive knowledge of law, governance and nonprofit operations to her role with the foundation.
The Black British Business Awards 2026: Meet the winning leaders, innovators and changemakers shaping UK industry
Celebrating the brilliance, visibility and impact of Black British talent, this year's winners of The Black British Business Awards 2026 were chosen from Senior Leaders and Rising Stars spanning STEM, Fashion, Beauty & Consumer, Arts & Media, Entrepreneurs, Financial Services, Professional Services and Retail & Hospitality, underlining what can be achieved when organisations champion and amplify Black talent and allow it to #SHINE.
Hard Rock Stadium Selects Clover Sport to Power Point-of-Sale Solutions
Integrated Technology Supports Faster Transactions and Streamlined Operations Across Sports, Concerts and Global Events MILWAUKEE, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced that Hard Rock
AmTrust launches treaty property reinsurance unit
AmTrust Financial Services on Tuesday launched East Reinsurance Services, a treaty property reinsurance operation focused on U.S. property and specialty business.
Moody’s changes Nationwide’s P&C business outlook to “positive”
Moody’s Ratings announced today that it has changed its outlook for Nationwide’s P&C business to “positive” from “stable.” The global ratings agency also affirmed its A1 rating for Nationwide’s financial services (NFS) business, and A2 rating for Nationwide Mutual Insurance Company and Nationwide’s P&C affiliates. “Moody’s p...
Fiserv Small Business Index Shows Small Business Sales Rise in September as Back-to-School Lifts Retail
Index rises to 146 as sales increase +2.2% year over year and +0.7% month over month MILWAUKEE, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today published the Fiserv Small Business Index for September 2026,
Grand Old Populists: GOP lawmakers target big business
It’s a major risk for big financial services firms, health insurance companies and tech titans, which are the subjects of the hottest rhetoric.
GFCB to invite John Taft for business lecture series
The Gordon Ford College of Business will welcome a vice chairman for financial services firm Baird to the Experiencing Business Speaker Series. John Taft will share career insights on Thursday at 3:45 p.m. in Chandler Hall’s Houchens Industries Auditorium, Room 1001. Taft’s 40 years of experience in the finance industry include serving as CEO for...
Morningstar joining Google at Thompson Center
The financial services firm will anchor the building alongside Google with the largest downtown office lease inked this year.
ICYMI: Clarity, crypto tax and committee politics
The last three months saw major news for financial services, tax and trade policy and the politics steering those issues. Here’s a recap.
Fiserv Expands Clover Footprint in Canadian Sports and Entertainment
Winnipeg Blue Bombers Select Clover to Support Game-Day Commerce MILWAUKEE, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced that the Winnipeg Blue Bombers of the Canadian Football League (CFL)
Fiserv Expands Clover Footprint in Canadian Sports and Entertainment
Winnipeg Blue Bombers Select Clover to Support Game-Day Commerce MILWAUKEE, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced that the Winnipeg Blue Bombers of the Canadian Football League (CFL)
Arkansas duo goes to bat for small investment brokers
WASHINGTON — House Financial Services Chairman French Hill, R-Ark., often calls for easing regulatory burdens on community banks. Now he and a home-state Senate colleague are turning their attention to
Dealroom.co | Great Hill Partners: middle-market growth buyouts across software, financial services, healthcare, consumer and business services
What's the deal?Great Hill Partners is a Boston- and London-base…
Barry I. Levy
Rivkin Radler Managing Partner Barry I. Levy works hand in hand with institutional and individual clients to navigate complex litigation in the insurance, healthcare and financial services arenas.
Christopher H. Palmer
Christopher H. Palmer is managing partner of Cullen and Dykman and chair of the firm’s banking and financial services department.
OpenAI's ChatGPT for Financial Services boosts data for bankers
OpenAI announced ChatGPT for Financial Services on Thursday, bringing more data under the hood of the AI tool and adding new accuracy checks.
Major investor of Norwalk-based Xerox urges review of financial services business
Xerox shareholder STARTEEPO is urging Norwalk-based Xerox to review a sale of Xerox Financial Services, which it values at up to $1.5 billion.
BBH Launches a New Technology Business, Braid, Solving for Intelligent Data Transformation
BOSTON, September 09, 2026--Brown Brothers Harriman (BBH) today announced the launch of a new technology affiliate, Braid LLC, focused on solving enterprise data transformation for financial services. Braid offers an AI-native data transformation platform that gives firms a scale solution to transform, connect, and manage their data with confidence.
Dallas mayor sounds alarm on the 'grave threat' facing America's cities
Dallas Mayor Eric Johnson warns a socialist movement threatens U.S. cities and the economy, touting his city's financial services growth and free markets.
IPC Systems' Emissions Reduction Targets Validated by the Science Based Targets Initiative
Environmental, Social, and Governance Criteria, Financial Services, GlobeNewswire | NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- IPC Systems, In
Many states have legalized marijuana in some form, but under federal law it remains a controlled substance. That conflict creates challenges when cannabis-related businesses seek banking and other financial services from federally regulated institutions. In this video, GAO Director Courtney LaFountain explains: • The federal guidance available to financial institutions serving cannabis-related businesses • Why banks must conduct enhanced due diligence and file additional reports • What financial institutions consider when deciding whether to serve the cannabis industry • Why cannabis businesses may face higher banking fees and limited access to loans • How restrictions on payment processing
Many states have legalized marijuana in some form, but under federal law it remains a controlled substance. That conflict creates challenges when...
New York health premiums climb despite state pushback on insurers
The Department of Financial Services approved a 6% average rate increase for the individual market and an 8% average hike for small-group plans.
NY health insurance rate hikes approved. How much you will pay in 2027
NY's Department of Financial Services says it rejected higher rate hikes sought by insurers, saving consumers $1.6B via lower approved rate increases.
Meet the Newest Members of Poole’s Graduate Business Community
This fall, 291 students joined Poole College of Management’s graduate business programs, bringing experience from fields including technology, education, accounting, marketing, financial services and the military. Meet six incoming students and learn about the paths that led them to NC State, what they hope to gain and where they plan to go next.
Claiming Unlicensed Sports Betting, CT Sues Kalshi
According to a statement from Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli and Gov. Ned Lamont, Kalshi is a financial services company offering an online “event contract” exchange platform, offering yes-no propositions about whether future events will occur.
Business Briefs: Aug. 21, 2026
Greenfield Savings Bank names senior vice president in charge of wealth management, trust services GREENFIELD—Greenfield Savings Bank has announced that Rebecca M. Makas has joined the bank as senior vice president overseeing GSB wealth management and trust services. Makas brings more than two decades of experience in financial services and has a background spanning trust […]
New York State Department of Financial Services Introduces Guidance and Proposed Regulation to Strengthen New York’s Surprise Medical Bill Resolution Process
New York State Department of Financial Services (DFS) Acting Superintendent Kaitlin Asrow today issued new guidance to health insurers, health care providers, and independent dispute resolution (“IDR”) entities implementing improvements to the IDR process signed into law by Governor Hochul as a part of her Fiscal Year 2026-2027 (FY27) Budget.
Brian McGrath Selected to Crain’s New York Business 2026 Notable Leaders in Accounting, Consulting & Law
Hinshaw & Culbertson LLP is excited to announce that Brian McGrath, partner and co-chair of the firm’s Consumer Financial Services group, has been selected by Crain’s New York Business as a 2026 Notable Leader in Accounting, Consulting & Law.
Wilmington announces business and economic development chief
The city of Wilmington announced on Thursday the hiring of Louis Starks as its new business and economic development manager. According to a news release, the role focuses on strengthening Wilmington's business ecosystem, supporting entrepreneurship and advancing strategic economic growth. "In this role, Starks will collaborate with residents, local businesses, community groups, educational institutions and regional partners to promote investment, workforce development, and innovation for businesses of all sizes," the release stated. "He will also help connect small businesses with City procurement opportunities, cultivate public-private partnerships, and lead initiatives that promote long-term economic vitality." Starks has more than 20 years of experience in economic development, urban planning, housing finance, workforce development and public policy, according to the release. Most recently, he served as manager of business development for Oakland County, Michigan, "where he led teams focused on business retention and expansion and financial services for one of the nation's most economically diverse regions. During his tenure, his teams supported billions of dollars in business investment initiatives while helping create thousands of jobs," the release stated. He holds a law degree and master's degree in urban and regional planning from the University of Iowa, as well as a bachelor's degree from Duke University. He is also a Certified Economic Development Professional. Starks is expected to begin his Wilmington position on July 27. “Louis has built his career around helping individuals, organizations and communities reach their full potential,” stated city manager Becky Hawke in the release. “Whether supporting entrepreneurs, managing complex redevelopment projects, or bringing together public and private partners, he has consistently focused on creating opportunity and delivering results. He understands that a strong economy creates opportunities for everyone. By supporting local businesses and fostering innovation, his work will help ensure the benefits of Wilmington’s growth are felt throughout the community, creating jobs, strengthening neighborhoods, and improving quality of life for residents.”
Business Briefs: July 24, 2026
Freedom Credit Union appoints new vice president of human resources SPRINGFIELD — Freedom Credit Union has named Jennifer McPherson as its new vice president of human resources. She brings more than 20 years of human resources leadership experience in the financial services and healthcare industries to the organization. “Jennifer’s experience and leadership will help us continue investing […]
Business People: Daniel Farley promoted at U.S. Bank Wealth Management
FINANCIAL SERVICES U.S. Bank, Minneapolis, announced the promotion of Daniel Farley to chief investment officer for the Wealth Management Asset Management Group. Farley has worked for U.S. Bank since 2010, most recently as Private Wealth…
What SoundHound AI (SOUN)'s S-4 Business Combination and Platform Expansion Means For Shareholders
In recent days, SoundHound AI, Inc. filed an S-4 registration statement for a planned business combination and confirmed strong year-over-year revenue growth alongside ongoing quarterly losses and a solid cash balance with no debt. At the same time, the company is pushing beyond its automotive roots into a broader enterprise AI platform, using acquisitions and subscription services to expand use cases across restaurants, healthcare, retail, financial services, and telecom. We’ll now examine...
Supreme Court justices Kagan and Barrett to testify on Capitol Hill
Supreme Court Justices Amy Coney Barrett and Elena Kagan are scheduled to testify before Congress next week as lawmakers consider the judiciary’s funding request. Barrett and Kagan are slated to appear before the House Subcommittee on Financial Services and General Government on Tuesday, July 14, according to the House committee schedule. They will also testify […]
Advantage, Wall Street? Why finance firms seek sports stars for advice
Novak Djokovic is the latest of many athletic recruits to financial services
SoFi (SOFI) Launches AI Investing And Small Business Loans In Product Push
SoFi Technologies (NasdaqGS:SOFI) has launched Composer by SoFi, an AI-powered investing platform designed to help members build and automate customized investment strategies. The company has also introduced SoFi Small Business Loans, a digital-first lending product aimed at giving entrepreneurs faster access to capital with no fees. These product rollouts expand SoFi's presence in AI-driven investing tools and small business lending within its broader financial services platform. SoFi...
SoFi Introduces Small Business Loans to Help Members Pursue Their Business Ambitions
SAN FRANCISCO, June 30, 2026--SoFi Technologies, Inc. (NASDAQ: SOFI), the everything app for digital financial services, today announced the launch of SoFi Small Business Loans, to help entrepreneurs and small business owners access fast, transparent financing to run and grow their businesses.
In the race for AI gold, healthcare is getting left in the dust by finance
If the economy were an inter-sector track meet in which AI adoption propels the runners, healthcare would be getting repeatedly lapped by financial services.
Galaxy Digital Stock Surges on AI Data Center Business
Shares of Galaxy Digital surged on Monday, with investors betting that the crypto financial services company’s expansion into AI data centers will turbocharge its growth. The stock jumped 24% Monday afternoon and was on track for its largest percent increase since November 2024. Mike Novogratz, Ga
Financial Services Roundup: Market Talk
Find insight on Bangkok Bank, Intesa Sanpaolo, the European Central Bank and more in the latest Market Talks covering Financial Services.
Small business app aims to provide entrepreneurs with affordable financial services
A recent immigrant to CNY saw the need and business opportunity.
Small Business Sales Edge Upward in May as Foot Traffic Continues to Slow, Fiserv Data Shows
Fiserv Small Business Index remains steady at 144; year-over-year sales grew +0.7% MILWAUKEE, June 03, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for May 2026,
Devin Galetta leaves Department of Financial Services to lead Luke Murphy's CD 2 campaign
Galetta served as Deputy CFO under Blaise Ingoglia since July and held jobs in state government for 21 years.
Consumer Finance Monitor podcast ranks among the top business and financial services podcasts in the nation and number one in Pennsylvania
We are proud to announce that podcast database service Million Podcasts has ranked Ballard Spahr’s Consumer Finance Monitor podcast among the top business
Israeli private equity firm David Group launches to invest in mature businesses
David Group, founded by Stella Cohen and chaired by former Goldman Sachs partner Raanan Agus, will focus on financial services, defense, industrials, and tech-enabled business services.
NYDFS Ramps Up Health Care Cybersecurity Enforcement With $2.25 Million Settlement
On April 29, 2026, the New York Department of Financial Services (NYDFS) announced the finalization of a $2.25 million settlement with Delta Dental of New York and Delta Dental Insurance Co.,…
From marketing to wealth management, financial services leader draws on family business background
This week's Up-and-Comer is Jordin Edwards, wealth management services relationship manager at First Bank & Trust.
Higher Prices Sustained Small Business Sales Growth in April, Fiserv Data Shows
Fiserv Small Business Index remands steady at 144; year-over-year sales grew +1.1% MILWAUKEE, May 04, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for April 2026,
Yakima Federal Helps Small Businesses Manage Cash Flow More Efficiently
First Experience Digital deployment of CashFlow Central brings modern, unified AP and AR into one digital experience MILWAUKEE, April 30, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, announced today that Yakima
PayPal to Reorganize Into Three Business Units in Streamlining Effort
The company said its model will include three segments: Checkout Solutions & PayPal, Consumer Financial Services & Venmo, and Payment Services & Crypto.
Moving Sioux Falls Forward: The Bancorp Bank
The future of financial services is being built in Sioux Falls, thanks to forward-looking businesses like The Bancorp.
FBI: Health care was top target for ransomware, other cyberthreats in 2025
Health care and public health was the top sector targeted for cyberthreats in 2025, according to the FBI’s latest annual report on internet crimes. There were 460 ransomware attacks and 182 data breaches, totaling 642 cyber events. Financial services was the next highest sector at 447 total events.
SoFi Launches Big Business Banking to Power Fiat and Crypto Banking on a Single Regulated Platform
SoFi Technologies, Inc. (NASDAQ: SOFI), the one-stop shop for digital financial services, today announced the launch of SoFi Big Business Banking, a new offe...
Small Business Sales Grew Steadily in March as Higher Ticket Sizes Offset Softer Foot Traffic, Fiserv Data Shows
Fiserv Small Business Index rises to 144; year-over-year sales grew +1.3% MILWAUKEE, April 02, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for March 2026, indicating that
SoFi Responds to Inaccurate Short Seller Report
SoFi Technologies, Inc. (NASDAQ: SOFI), the one-stop shop for digital financial services, today issued the following statement: The claims made in the Muddy ...
Burglar steals $20k in camera equipment from Riverside financial services business
The owners of a Riverside financial services business that was targeted in a burglary in which $20,000 in camera equipment was taken believe that the suspect may have been familiar with their office.
Meet Chad Olivier, one of the Capital Region 500
Chad Olivier has been working in the Capital Region financial services industry for more than 25 years. Originally a stockbroker, he pivoted to financial advising to focus more on building relationships with clients. Today, Olivier owns the wealth management firm The Olivier Group. His professional involvement extends beyond the office to his membership in the […]
3L Kevin Afiesh Learns to Translate Legal Risk Into Business Strategy as FinTech Extern - UC Law San Francisco (Formerly UC Hastings)
3L Kevin Afiesh strengthened his corporate and fintech skillset through an externship at Plaid, gaining real-world experience at the intersection of technology and financial services. 3L student Kevin Afiesh shares how UC Law San Francisco’s Corporate Counsel Externship provided immersive, practice-ready training inside Plaid’s in-house legal department. Reviewed and analyzed technology-focused agreements, including emerging AI provisions and liability terms Explored financial services regulation and data governance within a growth-stage company Learned how internal legal teams shape product, partnership, and compliance planning 3L student Kevin Afiesh: During my externship at Plaid, I worked with the in-house legal team supporting a rapidly growing company at the intersection of technology and financial services. My work focused primarily on corporate, commercial, and intellectual property matters. I helped review and analyze vendor and partnership agreements, paying close attention to emerging artificial intelligence-related provisions and risk allocation terms. I also investigated regulatory and compliance issues involving financial services and data governance, and I researched intellectual property litigation relevant to fintech companies. This work supported legal risk assessment to guide strategic decision making. I learned firsthand how an in-house legal team operates in a highly regulated, innovation-driven environment, where legal analysis is closely integrated with business decision making. I saw how attorneys balance legal risk with commercial priorities and how their advice shapes contracting, compliance, and intellectual property strategy. It reinforced that effective in-house lawyers need to understand both the law and the operational realities of the business. The experience also strengthened my ability to communicate complex legal concepts clearly to non-lawyers and to provide advice that is precise, practical, and commercially aware. Throughout my academic and professional journey, I’ve worked with technology companies at different stages. Plaid added a distinct perspective within the tech ecosystem, showing me how a growth-stage fintech company approaches regulatory complexity, innovation, and risk tolerance. This sharpened my ability to adapt to clients with different structures, priorities, and compliance needs. As I prepare to practice corporate law in the technology industry, this exposure has strengthened my ability to align legal advice with a company’s stage of growth, strategic objectives, and internal dynamics. I would absolutely recommend the Corporate Counsel Externship Program. Working directly with an in-house legal team provided a meaningful sense of day-to-day practice inside a technology company, and the attorneys at Plaid were generous with their time and mentorship. The classroom component was equally valuable. Professors Nira Geevargis and Scott Darling created a thoughtful environment where we reflected on our experiences, discussed real-world challenges, and developed practical skills that complemented our fieldwork. More broadly, UC Law San Francisco’s location offers a clear advantage for students interested in technology, corporate practice, and public-interest work. Proximity to courts, law firms, and innovative companies — combined with programs like the Corporate Counsel Externship and an extensive Bay Area alumni network — make it a strong option for students who want to build their careers in the region. The Evidence of Success series highlights UC Law SF students as they share how the college’s opportunities equip them with the experience, skills, and confidence to excel in the legal profession.
SGMC Health Names Kostelecky Director of Patient Business
SGMC Health announces the promotion of Libby Kostelecky to Director of Patient Business in the Patient Financial Services department.
SGMC Health Names Kostelecky Director of Patient Business
SGMC Health announces the promotion of Libby Kostelecky to Director of Patient Business in the Patient Financial Services department.
Crypto Super PAC Targets Al Green, a Texas Democrat Who Voiced Concerns
A crypto-backed super PAC plans to spend $1.5 million against Mr. Green, a member of the House Financial Services Committee who has expressed concerns about cryptocurrency.
PennyMac Strikes Deal For Cenlar's Subservicing Business
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Spain Loyalty Business Report 2026: A $2.21 Billion Market by 2030 - Market is Competitive but Structurally Stable, Dominated by Large Retail Groups and Supported by Bank-led Rewards Ecosystems
The Spanish loyalty market's growth is fueled by retail dominance, app-based execution, and savings-oriented promotions, creating opportunities in retail integration, app-first approaches, financial services partnerships, and compliance with data protection. The focus remains on operational control and digital transformation. Spanish Loyalty Market Spanish Loyalty Market Dublin, Feb. 10, 2026 (GLOBE NEWSWIRE) -- The "Spain Loyalty Market Size & Forecast by Spend Value Across 100+ KPIs by Program
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FOMO Pay, a leading Singapore-headquartered payment institution, today announced a strategic collaboration with BNY (NYSE: BK), a global financial services company, to enhance its cross-border payment and collection capabilities. Through this joint effort, FOMO Pay will utilise BNY's Virtual Reference Number solution to enable its corporate clients to collect and send payments directly within the U.S. domestic banking system.
What Catalysts Are Reframing The Narrative For First Business Financial Services (FBIZ)
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Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
Powering Business Growth: Regions Bank Selects Worldpay to Transform Business Payments
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Principal Exits $800 Million Hong Kong Pension Business
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