CIT’s Direct Bank Announces New Digital Self-Service Capabilities

first_img Top of the News 56 recommended0 commentsShareShareTweetSharePin it STAFF REPORT First Heatwave Expected Next Week CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Darrel Done BusinessVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required)  Mail (required) (not be published)  Website  More Cool Stuff Make a comment HerbeautyHere Is What Scientists Say Will Happen When You Eat AvocadosHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeauty STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy center_img Business News Your email address will not be published. Required fields are marked * Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe Business News CIT’s Direct Bank Announces New Digital Self-Service Capabilities By ANDY VITALICIO Published on Thursday, August 27, 2020 | 2:06 pm Pasadena-based CIT Bank said their customers can now simplify their digital banking experience and manage their money remotely by using new self-service capabilities for moving funds via wire transfer and managing mature certificates of deposit through the bank’s online and mobile platforms.In a statement Thursday, CIT Bank said one of the unique features to the new wire transfer capability is the option for customers to choose the recipient type – an escrow company, intermediary, or standard recipient – simplifying the data entry process. Transactions are kept secure through the use of a one-time passcode delivered by SMS message or phone call.“We’re committed to simplifying the banking experience for our customers and empowering them to meet their goals with ease and efficiency,” Ravi Kumar, head of CIT’s direct bank, said in a statement. “These latest enhancements provide added flexibility to help customers bank from anywhere, at any time.”Upgrades to managing CDs (certificates of deposit) enable customers to manage their accounts at their convenience. Now, once a CD matures, customers can simply log-on through their online or mobile banking platform for options such as changing their CD terms or transfer funds to an existing CIT bank account.The new self-service features are the latest digital functionalities that CIT Bank introduced.Last fall, the bank also rolled out eChecking, featuring a wide variety of electronic transfer and payment solutions, including debit card controls, Bill Pay, Apple Pay, and Samsung Pay, as well as partnering with Zelle, a digital payments network that allows a more convenient way to send and receive money safely.CIT Bank is the banking subsidiary of financial services company CIT Group. The bank consists of an online bank and its OneWest Bank division, a Southern California branch bank also headquartered in Pasadena, with over 60 locations.To learn more about CIT Bank, visit www.cit.com/cit-bank. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Limerick brothers have no plans to cash in on billion euro…

first_imgPrint BusinessNewsLimerick brothers have no plans to cash in on billion euro firmBy Editor – January 24, 2014 735 WhatsApp Email Patrick and John Collison of StripeLimerick entrepreneurs Patrick and John CollisonLIMERICK brothers Patrick and John Collison have no plans to cash in on the success of their €1.3 billion company and will use a €60 million round of fresh investment raised this week to fund international expansion.From Castletroy and now based in California, the Collisons created Stripe, a low-cost way for small companies to accept online payments, in 2009 and have been steadily building the business since.Sign up for the weekly Limerick Post newsletter Sign Up John (23) and Patrick (25), a former winner of the Young Scientist competition, created an online auction payments company, Auctomatic, which was sold for almost €4 million while they were still in secondary school at Castletroy College.Their latest success story began when they saw how difficult it was for small companies to accept payments from customers online.“We found it really hard in our previous business to accept payment over the internet. It felt like many other people would be having the same problem, so we set about solving it”, explained John.“We started working on Stripe almost two years before it launched publicly. There was a long period where we were writing code to support a small handful of users, and navigating a relatively unfamiliar industry.“We wrote the first lines of code in October 2009. Three months later, we got our first customer. We stayed going, writing code, starting to hire people and trying to find new customers. By the time we launched publicly in September 2011, we had ten people on the team.”Stripe now employs 83 people at its headquarters in San Francisco and the company has become a recognisable name in global ecommerce, with backers such as Paypal founder Peter Thiel and entrepreneur Elon Musk numbered among its investors.Social media giant Twitter is reportedly in discussions with the company over a deal that would allow Twitter enable companies to accept payments on the social media platform.However, Chief executive, Patrick Collison says that they won’t be in a rush to take advantage of the company’s latest valuation.“We’ve no interest in selling the company. John and I are very lucky to work with the people we do on building something for the long term, and we wouldn’t like to change that,” he said.This is also the view of his younger brother who said they were focused on opening international offices and delivering on Stripe’s goal of building an easier way of paying for goods and services online.“It’s still early days for the payment systems that power the internet. It’s outrageously difficult and expensive to move money between countries.“Fraud and storing credentials still cause merchants hassle. So online payments is a great place to go hunting for problems worth solving”, said John. First Irish death from Coronavirus Encourage Wildlife in Castletroy Park Elegant property in Monaleen #LimerickPostProperty Twitter Previous articleNo room at the Mansion House for Limerick manNext article40 jobs from Limerick environmenal firm expansion Editor center_img Shannondoc operating but only by appointment TAGSAutomaticCastletroyElon MuskfeaturedJohn CollisonMusic LimerickPatrick CollisonPeter TheilStripeTwitter Linkedin Advertisement RELATED ARTICLESMORE FROM AUTHOR Facebook Walk in Covid testing available in Limerick from Saturday 10th April No vaccines in Limerick yet last_img read more

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Fed Continues Cut Back Despite Possible Slowdown

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fed Continues Cut Back Despite Possible Slowdown Demand Propels Home Prices Upward 2 days ago in Featured, Government, Headlines, News Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Home / Featured / Fed Continues Cut Back Despite Possible Slowdown March 19, 2014 566 Views Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribe Officials at the Federal Reserve voted this week to continue cutting back its stimulative monthly asset purchases despite signs of a slowdown in economic growth to start the year.Citing the “cumulative progress toward maximum employment and the improvement in the outlook for labor market conditions” since the start of the current stimulus program in 2012, the Federal Open Market Committee decided at its March meeting to reduce purchases of agency mortgage-backed securities to a pace of $25 billion per month and to dial back purchases of long-term Treasury securities to a pace of $30 billion each month, starting in April.The two cuts, made evenly, add up to another $10 billion reduction in monthly asset purchases.The decision was made despite a noted stumble in growth during the winter months, which the committee said “in part [reflects] adverse weather conditions.”Overall, the consensus opinion of the labor market was that indicators remained “mixed but on balance showed further improvement,” though the unemployment rate remains elevated. The unemployment rate ticked up to 6.7 percent in February despite a more promising showing in payrolls than in January and December.With the unemployment rate hovering just above the 6.5 percent threshold originally set by the Fed as one of its markers for holding down interest rates, the committee also updated its forward guidance to shift its goal to one more subjective: “maximum employment.”In a press conference following the release of the latest committee statement, Fed Chair Janet Yellen remarked that while the 6.5 percent mark “had a very useful impact in helping markets understand our expectations and shaping their own,” its use shrank as the economy approached that milestone so quickly.“The committee has never felt that the unemployment rate is a sufficient statistic to the labor market. In assessing the real state of slack in the labor market … it’s appropriate to look at many more things,” Yellen explained. “The closer we get as we narrow in on coming closer to the target we want to achieve, we will be carefully considering many indicators.”Among those indicators, she says: the share of the labor force working part-time involuntarily, the number of discouraged and marginally attached workers, the long-term unemployment rate, and overall labor force participation. While some of those negative factors are seeing “exceptionally high” numbers, “the dial on virtually all of those things is moving in a direction of improvement,” she said.The markets may take a little more convincing than that. In the minutes following the release of the FOMC statement, both the Dow Jones and NASDAQ saw declines—brought down even further by hints that the entire program could be finished as soon as October. Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: Nonprofits Sue California Governor Over Alleged Misused National Servicing Settlement Funds Next: Credit Loosens and Refinances Shrink in February Federal Reserve Janet Yellen 2014-03-19 Tory Barringer Tagged with: Federal Reserve Janet Yellen Share Savelast_img read more

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End of an era as United legend Giggs quits club

first_imgMourinho, who had already been lined up to replace van Gaal after the Dutchman failed to qualify United for next season’s Champions League, is keen to have his own backroom staff along with him which means Rui Faria replacing Giggs.Giggs, who Mourinho reportedly suspected of disloyalty and spinning against Moyes and then van Gaal when their fortunes slumped, was offered a different role but declined it.But there was no rancour in Giggs’ statement, released by United, towards the Portuguese manager.“I want to congratulate Jose Mourinho on his appointment as manager of the world’s biggest club,” said Giggs.“There are only a handful of proven winners at the very highest level and Jose is unquestionably one of them. I know the fans will welcome him.”Ed Woodward, executive vice chairman, paid a handsome tribute to United’s faithful servant.“Ryan’s place in the history of Manchester United is assured,” said Woodward.“He has been a constant presence at the club since 1987 and during his playing days, regularly delighted crowds; first with his dazzling wing play and later with his intelligence and ability to dictate a game.“He has all the attributes to be a terrific manager in the future.”Share on: WhatsApp Pages: 1 2 The 42-year-old Welshman — an integral part of the great side built by Alex Ferguson and who made a record 963 appearances — is keen to pursue a managerial career, having been assistant manager during the unsuccessful spells of David Moyes and then Louis van Gaal.“It has not been a decision that I have made lightly. I’ll take away so many special memories as well as a lifetime of experiences that will, I hope, serve me well in the future,” said Giggs in a statement issued by the club.“However, the time feels right and although I have no immediate plans to step into management, it is where I want to be.”Giggs, who won 13 league titles and two Champions League trophies amongst other honours, said that it was an enormous wrench for him.“After 29 seasons at Manchester United as a player and assistant manager, I know winning is in the DNA of this Club – giving youth a chance, and playing attacking and exciting football.“It’s healthy to have high expectations, it’s right to expect to win. Manchester United expects, deserves, nothing less.“This is why it is a huge decision for me to step away from the club that has been my life since the age of 14.” Manchester, United Kingdom | AFP |Manchester United legend Ryan Giggs is to leave after almost 30 years of service, the English Premier League club announced on Saturday in a widely expected move following Jose Mourinho’s appointment as manager.last_img read more

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Police looking for 3 ‘persons of interest’ in Hard Rock Hollywood garage shooting

first_imgSeminole Police have released surveillance video of potential shooting suspects.Authorities are searching for three people who they believe are persons of interest in a shooting that occurred Thursday morning in the Winner’s Way parking garage at the Seminole Hard Rock Hotel & Casino Hollywood.According to authorities, Pierre Jules LaCroze, 37, of North Lauderdale, was fatally shot just before 12:30 a.m. on the sixth floor of the parking garage.According to police, they are looking for two men and a woman, seen on video walking together in the casino and walking off an escalator together.Police said the group left the casino’s garage in a four-door, gray sedan that had its right-side hubcaps missing and its left brake light burned out.No motive for the shooting has been released.The FBI is assisting Seminole police detectives in the investigation.Anyone with further information about the shooting is asked to call Seminole Police at 954-967-8900. Anonymous tips can be made by calling Broward Crime Stoppers at 954-493-8477.last_img read more

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Bedfordshire golfer leads East qualifiers for Grand Medal Final

first_img Bedfordshire teenager Sophie Mills shot an impressive net score of three-under par to lead the East region qualifiers for England Golf’s 2012 Grand Medal Final. The 14-year-old from Wyboston Lakes scored net 71 and was three shots clear of the field at the East region medal final at John O’Gaunt Golf Club in Bedfordshire. The event was contested by the best women club medal players from six Eastern counties and the top 10 qualified for the Grand Medal Final to be held at Worcestershire Golf Club on Saturday, June 23.   The 10, who will join qualifiers from five other regions to compete for the title of England’s champion medal player, are: Sophie Mills (Wyboston Lakes), Sarah Howe (Ipswich), Jean Jolley (Rushcliffe), Chelsea-Mae Laundon (Chelmsford), Amy Crowson (Aylesbury Vale), Dawn French (John O’Gaunt), Anna Fairs (Fynn Valley), Leah Plester (Theydon Bois), Tina Tuckwell (Cretingham) and Julie Richards (Letchworth). All the regional finalists returned the best four scores at their club in the English Women’s  Medals during 2011. This will be Sophie’s second trip to the Grand Medal Final where she tied second last year, taking third place on countback. At that time she was playing off 11 handicap and has since reduced to eight – and another hefty cut is on its way after her performance at John O’Gaunt. “I’m really excited about going back,” said Sophie. “And Dad’s excited too!” Her father, Stuart, is a former professional and caddies for her. He also got her interested in the game, which she has been playing seriously for just two years. Sophie played steady golf in yesterday’s regional final, starting with seven straight pars. She had a birdie on the 17th and approached the last hole having dropped only three shots all day – only to take a double bogey. “I was disappointed, but it was still ok – and I did hole some good putts out there as well,” she said. Net qualifying scores Par 74, CSS 77, handicaps in brackets 71 Sophie Mills (Wyboston Lakes, 8) 74 Sarah Howe (Ipswich, 3), Jean Jolley (Rushcliffe, 19), Chelsea-Mae Laundon (Chelmsford, 12), Amy Crowson (Aylesbury Vale, 12), Dawn French (John O’Gaunt, 7), Anna Fairs (Fynn Valley, 19) 76 Leah Plester (Theydon Bois, 19) 77 Tina Tuckwell (Cretingham, 17), Julie Richards (Letchworth, 24). 13 Apr 2012 Bedfordshire golfer leads East qualifiers for Grand Medal Final last_img read more

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State Senator Jeanne Kohl-Welles Discusses Human Trafficking In Washington

first_imgSubmitted by Timberland Regional LibraryHuman trafficking is a billion-dollar, global industry according to State Senator Jeanne Kohl-Welles. Kohl-Welles will discuss the historical, cultural, socioeconomic and public-policy perspectives on human trafficking at an interactive presentation titled “Human Trafficking in Washington: From the Historic Mercer Maids to Sexual Exploitation in Internet Ads”. The event will be at the Lacey Timberland Library on Saturday, January 26 from 1 to 2:30 p.m.Kohl-Welles offers historical, cultural, socioeconomic and public-policy perspectives on human trafficking. Topics to be explored include the ethics and policy around the issue and misconceptions about human trafficking.A primary focus will be on sex trafficking and how and why it happens here. Historical accounts, film and current events will be used to provide context. Finally, the discussion will examine what is being done to intervene and prevent human trafficking, including new laws, innovative law enforcement approaches and actions being taken by human-rights groups.With regard to her work on human trafficking, Kohl-Welles has been the sponsor of many anti-trafficking bills in the Washington State Senate. She received Seattle Against Slavery’s 2010 Lincoln Freedom Award for her efforts. Kohl-Welles serves on the University of Washington’s Human Trafficking Task Force. She is a national and international presenter on the topic of human trafficking.This program is co-sponsored by Humanities Washington. The Lacey Timberland Library is at 500 College Street SE. For more information, contact the library at (360) 491-3860 or visit www.TRL.org. Facebook0Tweet0Pin0last_img read more

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