Industry News

KeyBank to Use BlueSnap Payments Platform

August 9, 2022 | Reprints

KeyBank has selected Massachusetts-based financial technology company BlueSnap to provide a global payments platform for the bank’s middle market and institutional clients working in the e-commerce space.

What Taxes Are in Democrats’ Big Bill?

What Taxes Are in Democrats’ Big Bill?

By Lisa Mascaro | The Associated Press | August 8, 2022 | Reprints

Democrats’ compromise of health care, climate change and deficit-reduction strategies is paid for largely with new corporate taxes, including a 15 percent minimum tax on big corporations to ensure they don’t skip out on paying any taxes at all,

Mortgage Rates Under 5 Percent for First Time Since April

Mortgage Rates Under 5 Percent for First Time Since April

By Matt Ott | The Associated Press | August 4, 2022 | Reprints

The average long-term U.S. mortgage rate fell below 5 percent for the first time in four months, days after the Federal Reserve jacked up its main borrowing rate in an aggressive effort to get inflation under control.

Inflation Weighs on Families’ Back-to-School Shopping

Inflation Weighs on Families’ Back-to-School Shopping

By Anne D'Innocenzio and Claire Savage | The Associated Press | August 3, 2022 | Reprints

This back-to-school shopping season, parents – particularly in the low to middle income bracket – are focusing on the basics while also trading down to cheaper stores amid surging inflation.

Ion Bank Adds to Board of Directors

Ion Bank Adds to Board of Directors

August 1, 2022 | Reprints | Unlock Link

As part of its recently completed acquisition of New Jersey-based Lincoln 1st Bank, Ion Bank’s board of directors has appointed David Scelba as a trustee of the bank’s holding company and member of the bank’s board of directors.

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