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Marlin Business Services reported first quarter 2017 net income of $1.5 million. Before charges related to a reserve for restitution in connection with certain payment processing practices in effect prior to February 2016, first quarter 2017 net... Read Story
April 28, 2017, 07:15 AM
Filed Under: Corporate Earnings


Citi Retail Services announced a consumer and commercial private label agreement with Honda Power Equipment. This new relationship is the latest addition to Citi Retail Services’ power sports and equipment portfolio.Honda’s power equipment division... Read Story
April 28, 2017, 07:10 AM
Filed Under: Dealer Finance


U.S. venture capital (VC) investment in fintech companies rose to $1.2 billion in Q1’17, driven by late-stage deals, which reached the highest activity since Q1’16, according to KPMG International’s Q1 2017 The Pulse of Fintech report. Non-VC fintech... Read Story
April 28, 2017, 07:05 AM
Filed Under: Industry News


TCF Financial Corporation announced that its Board of Directors elected Craig R. Dahl, TCF’s president and chief executive officer, to the additional role of chairman of the board, effective immediately. Dahl succeeds William A. Cooper, who served as... Read Story
April 28, 2017, 07:00 AM
Filed Under: Industry News


Confidence in the U.S. economy among middle market companies has reached a new high in early 2017, according to the Q1 2017 Middle Market Indicator (MMI) released by the National Center for the Middle Market (NCMM). With nine in 10 middle market... Read Story
April 27, 2017, 07:20 AM
Filed Under: Economy


Ascentium Capital announced receiving the FinTech Breakthrough Award for the Best Business Lending Platform. The mission of the FinTech Breakthrough Awards is to honor excellence and recognize the success of FinTech companies, technologies and... Read Story
April 27, 2017, 07:10 AM
Filed Under: Industry News


CIT Group announced that its Equipment Finance business was recognized recently by Konica Minolta Business Solutions U.S.A., Inc. as receiving the highest Net Promoter Score and the best customer satisfaction performance among its four major leasing... Read Story
April 27, 2017, 07:07 AM
Filed Under: Vendor Finance News


MUFG Union Bank, N.A. (Union Bank) announced four appointments within the Small Business Administration Lending group. Craig Cornwell, Billy Szeto, Jeff Theiler, and Sam Vichattu join as Vice Presidents reporting to Kirsten (Didi) Hakes, head of the... Read Story
April 27, 2017, 06:59 AM


Advantage Funding has named Joseph Deriu as the company’s new chief operating officer.   Deriu’s background is in high-production, technology-enabled environments. At First Data Corporation, he was the vice president leading technology-strategy and... Read Story
April 27, 2017, 06:54 AM