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Jennifer Miller Joins BankNews as Advertising Account Executive

Aug 9, 2011 – BankNews Media is pleased to announce the addition of Jennifer Miller to its team as advertising account executive. In this capacity, she will be responsible for sales of the company’s print, digital and online products. As a key member of the BankNews Media advertising team, she is responsible for generating new business and maintaining current advertising accounts for BankNews and BankNews Mid-Week, as well as for the company’s state banking journals: Banking Matters (Oregon), California Banker, Florida Banking, Illinois Banker, In Touch (Kansas), Maine Banker and Texas Banking. She also handles banner advertising and sponsorships to the company’s website, BankNews.com, and electronic newsletters, BankNews eDigest and BankNews Technology Focus.

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California: Redwood Capital Bank announces promotion of Jennifer Budwig

Tim Long and Jennifer Kelly named to key supervision posts

Jan 24 – Comptroller of the Currency John C. Dugan has named Tim Long to be senior deputy comptroller for bank supervision policy, and that Jennifer Kelly will succeed Long as senior deputy comptroller for mid-size and community bank supervision.

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Winners Announced for Fintech Competition to Improve Financial Health of Overlooked Populations

June 19 – The Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI) with founding Lab partner JPMorgan Chase & Co. have announced eight financial services innovators as the winners of its third competition, aimed at identifying solutions that can help Americans improve their financial health. Each winner will receive $250,000 in capital and additional resources to test, enhance and scale their products, many of which are designed to address the needs of often overlooked populations, such as people of color, low-income women, aging Americans, and individuals with disabilities.

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First Merchants’ Merger With The Arlington Bank Complete

May 24 – First Merchants Corporation has successfully completed its previously announced merger with The Arlington Bank of Columbus, Ohio. In connection with the merger, The Arlington Bank has merged with and into First Merchants Bank. The combined First Merchants Bank now has 108 banking centers in Illinois, Indiana and Ohio and approximately $7.6 billion in assets, $5.5 billion in loans, $5.9 billion in deposits, and total shareholders’ equity of $1.0 billion. The full integration of The Arlington Bank under the First Merchants brand is expected to be completed during the 3rd quarter of 2017.

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JPMorgan Chase to Acquire MCX “FinTech” Payments Technology for Chase Pay

March 13 – JPMorgan Chase has agreed to acquire MCX’s payments technology to help expand Chase Pay, the mobile and digital wallet for Chase customers. MCX, a network of America’s largest merchants, was the premier launch partner for Chase Pay in October 2015. The transaction is expected to close in the coming weeks.

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First Merchants Corporation and the Arlington Bank Announce the Signing of a Definitive Merger Agreement

January 27 – First Merchants Corporation, First Merchants Bank, a wholly-owned subsidiary of First Merchants Corporation, and The Arlington Bank have executed a definitive merger agreement whereby The Arlington Bank will merge with and into First Merchants Bank.

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Chase Pay App Debuts

November 28 – Chase customers can download and pay with Chase Pay, the new digital payment solution that works in stores, in app, and online. The Chase Pay app works at the more than 7,500 participating Starbucks® locations in the U.S. and nearly 1,400 Best Buy stores.

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Financial Solutions Lab Announces Winners of $3 Million Fintech Competition

June 20 – The Financial Solutions Lab (“FinLab”) at the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. have announced nine financial services innovators as the winners of its second competition, aimed at identifying solutions that help consumers prepare for – and weather – financial shocks. FinLab selected the winners based on their ability to improve consumers’ financial health. Each winner will receive $250,000 in capital and additional resources to test, enhance and scale the availability of their products and services. (more…)

Online and Mobile Banking Growing in Importance to Small Business Owners

By Jennifer Miller, Senior Product Manager, Business Banking, Digital Banking Group, Fiserv

For more small business owners, taking care of business means turning to online and mobile channels – and it’s impacting where and how they bank. According to the Fall 2015 Raddon Small Business National Research, 55 percent of small business owners consider technology resources when choosing a financial institution. Financial institutions must be ready to meet the changing needs and expectations of small business owners.

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