Inaugural data report front-line workers’ money habits: Clair

New Report From Clair Analyzes Front-Line Workers’ Financial and Spending Trends Highlights:  Average spending per person increased by 24% in past year, likely due to inflation and pent-up demand for social activities like travel  45% of U.S. workers say their income doesn’t cover their daily costs 83% of U.S. workers want to get paid daily or at least weekly  This summer, economists revised their previous statements about a recession in 2023 and pointed toward a...

Alba Bank adopts nCino Cloud Banking Platform for SME lending

Wakefield, one of the largest healthcare revenue cycle solutions companies in the nation, announced the appointment of Chuck Koch as the organization’s new Chief Information Officer to provide executive IT leadership and oversight of the company’s growing technology development efforts. As Chief Information Officer, Chuck will be focused on expanding an enterprise-wide technology strategy, including automation, data innovation, cybersecurity, and compliance while also focusing on establishing scalable enterprise infrastructure, cloud architecture, supplier partnerships, and IT governance....

J.P. Morgan Private Bank announces new Fund Banking Group

J.P. Morgan Private Bank announced the launch of its Fund Banking Group, a division of the U.S. Private Bank’s business focused on the banking, lending and investing needs of private equity and venture capital funds and their principals. This new division combines the experience of First Republic’s historical fund business with the Private Bank’s extensive history serving some of the country’s largest funds and their C-suites. “The Private Bank has been serving the private and...

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