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Financial technology startup Dwolla and payment processor Shazam Network have submitted proposals to a Federal Reserve task force charged with figuring out how to speed up electronic payments, The Des Moines Register reported.Industry experts say such …
Loss rates on banks’ commercial real estate loans rose in the final quarter of 2015 after being at multiyear lows the rest of the year, according to data from Sageworks, a financial information company, Forbes reported. First-quarter …
Newly announced mergers and acquisitions, ranging from megadeals like the Dow Chemical Co.-DuPont Co. merger to local deals joining Iowa-based companies, made Iowa headlines throughout 2015.
Among the deals were some big acquisitions by foreign-based …
Orchestrate LLC, a West Des Moines applications, services and support firm serving financial services companies on Salesforce.com, has agreed to acquire Sagacious Inc., also a West Des Moines firm. As part of the transaction, Sagacious’ …
Residential construction loans at Iowa banks posted double-digit gains in 2015 and helped boost loan growth 6.4 percent over 2014, according to the Iowa Bankers Association. By the end of the fourth quarter, banks had …
Principal Financial Group Inc. announced that its board of directors has approved an authorization for the repurchase of up to $400 million worth of the company’s outstanding common stock. The repurchases will be made in …
Lillis, who has been with the company for …
The hype about big data can distract from the power of small, real-time data. To address the issue, The Members Group CEO Shazia Manus has written the first in a series of white papers on …
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