Banking & Finance

Tax2efile Encourages Filers to Prepare and E-File IRS Forms 1099 /1098 for the 2026 Tax Season

December 29, 2025 9:00 AM

As the 2026 tax filing season begins, Tax2efile, an IRS-authorized e-file service provider, is encouraging businesses, financial institutions, and tax professionals to file their IRS Forms 1099 and 1098 using its secure electronic filing platform, in accordance with IRS information return reporting requirements. IRS Forms 1099 and 1098 are used to report various types of income, payments, and financial transactions to the Internal Revenue...

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Ogvio Launches to Finally Put an End to High Bank Fees and Painfully Slow Transfers

December 29, 2025 5:10 AM

Ogvio, a new global money transfer service, has officially launched, enabling fast, low-cost money transfers in 160+ countries. It offers low-to-no fees and fair mid-market rates. As a result, money transfers with Ogvio cost significantly less than those processed through traditional banking systems. The platform is built to address long-standing issues in the global remittance industry. Traditional banks remain an expensive way to send money,...

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ZitaPlus Achieves SCA Category 5 Licensing Milestone

December 29, 2025 1:52 AM

ZitaPlus Financial Services LLC, a Dubai-based business-to-business financial services provider, has officially received a Category 5 license from the UAE Securities and Commodities Authority (SCA), marking an important milestone in the company's development. The regulatory approval confirms that ZitaPlus operates in alignment with the standards and requirements of one of the region's key financial regulators and reflects the company's...

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Calvin B. Taylor Bankshares, Inc. Reports Third Quarter Financial Results and Announces New Stock Repurchase Program

December 26, 2025 9:35 AM

Calvin B. Taylor Bankshares, Inc. (the "Company") (OTCQX:TYCB), the holding company of Calvin B. Taylor Bank (the "Bank"), today reported net income for the third quarter 2025 ("3Q25") of $4.2 million, or $1.53 per share compared to net income of $3.9 million, or $1.42 per share for the second quarter of 2025 ("2Q25"), and net income of $3.7 million, or $1.37 per share for the third quarter of 2024 ("3Q24"). Net income for the nine months ended...

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AmeriTrust Announces Closing First Tranche of Brokered Offering for $36,187,200

December 23, 2025 3:10 PM

AmeriTrust Financial Technologies Inc. (TSXV:AMT)(OTCQB:AMTFF)(Frankfurt:1ZVA) ("AmeriTrust", "AMT" or the "Company"), a fintech platform targeting automotive finance is please to announce that it has closed the first tranche of its previously announced brokered offering (the "Offering") of (i) Debenture Units (as defined below) and, (ii) Life Units (as defined below) for aggregate gross proceeds of $36,187,200. Pursuant to the Offering, the...

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D. Boral Capital Acted as Lead Underwriter to Aduro Clean Technologies Inc. (Nasdaq: ADUR) in Connection with its $20,000,000 Underwritten Public Offering

December 23, 2025 1:45 PM

On December 22, 2025, Aduro Clean Technologies Inc. ("Aduro" or the "Company") (Nasdaq:ADUR)(CSE:ACT)(FSE:9D5), a clean technology company using the power of chemistry to transform lower-value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, today announced the closing of its Underwritten U.S. Public Offering (the "Offering") of 1,739,130 common shares, together with accompanying warrants...

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Flushing Bank Expands Presence in Chinatown with Opening of New Branch

December 23, 2025 9:00 AM

Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company of Flushing Bank (the "Bank"), today announced the opening of a new full-service branch located at 5 Chatham Square, New York, NY, further strengthening the Bank's commitment to serving the Chinatown community. "We are proud to open our second branch in Chinatown, reflecting our longstanding relationship with and commitment to the Asian community," said John...

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Vero Technologies Celebrates Five Years Leading Asset Finance Innovation

December 23, 2025 8:00 AM

Vero Technologies, a financial technology platform built for asset and wholesale finance, marked its five-year anniversary in October and a period of sustained growth across its software and services business. Founded in 2020 by Co-Founders John Mizzi and Isaac Zafarani, Vero set out to replace fragmented legacy systems and manual workflows with a unified operating system for wholesale and inventory finance.​ Over the past five years, Vero has...

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Expert Mortgage Assistance Releases Study on the Impact of Climate Change on Mortgage Lending Practices

December 23, 2025 5:30 AM

Scientists and environmentalists have been worrying about climate change for decades. Today, it's a boardroom priority for mortgage lenders and regulators. The explanation is simple: The financial risks are no longer just theoretical. They're measurable, they're focused, and they are ready to unleash at an unprecedented magnitude on the housing market. New studies, including a landmark Study by Expert Mortgage Assistance, are piecing together...

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Inaugural "Investing in the HEART of Our Community" Gala Raises Funds for Texas Children's Heart Center

December 22, 2025 2:25 PM

Mundorf Wealth Management hosted the inaugural Investing in the HEART of Our Community Gala on December 18, 2025, at The Hidden Gem of Gruene in New Braunfels, bringing together more than 120 clients, community members, and partners for an evening dedicated to supporting the Texas Children's Heart Center-one of the nation's leading pediatric cardiovascular programs. Event Sponsors Present Check to Texas Children's Hospital. Left to Right: The...

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KeyBank Earns 2026 Military Friendly(R) Employer and Military Friendly(R) Spouse Employer Designations

December 22, 2025 9:30 AM

KeyBank proudly announced that it has earned the 2026 Military Friendly® Employer designation and the Military Friendly® Spouse Employer designation. This marks Key's 12th consecutive year as a Military Friendly® Employer and 10th consecutive year as a Military Friendly® Spouse Employer, underscoring our long-standing commitment to supporting veterans, service members, and military families. Institutions earning these designations were evaluated...

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RM10 Million Invested: Crewstone Deepens its Commitment to Housing Access and Financing Solutions Through Zen Vision Group

December 21, 2025 8:00 PM

Crewstone International Sdn Bhd ("Crewstone"), a licensed and regulated private equity and private credit manager, announced today an additional RM10 million commitment to Zen Vision Group Sdn Bhd ("Zen Vision"), structured as part of a broader, multi-tranche investment programme currently being executed. The additional RM10 million forms part of a broader, phased investment exercise led by Crewstone International, reinforcing its disciplined,...

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Coastal Carolina Bancshares, Inc. Announces Common Equity Private Placement

December 19, 2025 4:55 PM

Coastal Carolina Bancshares, Inc. (OTCQX:CCNB) (the "Company" or "CCNB"), parent company of Coastal Carolina National Bank, announced today that it has entered into Securities Purchase Agreements providing for the issuance of $15 million in common equity at a price of $12.50 per share to institutional and certain accredited investors. The Company intends to use the proceeds from the common equity issuance for general corporate purposes,...

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Rhinebeck Bank Announces Retirement of Louis Tumolo, Jr., DVM from Board of Directors

December 19, 2025 4:25 PM

Rhinebeck Bank, the wholly-owned subsidiary of Rhinebeck Bancorp, Inc. (NASDAQ:RBKB), announced the retirement of Louis Tumolo, Jr., DVM from its Board of Directors, effective December 17, 2025. Dr. Tumolo, a Rhinebeck resident for more than 55 years and owner of the Rhinebeck Animal Hospital, served as a member of the Rhinebeck Bank Board of Directors for over 42 years, the longest tenure in the institution's history. During that period, he...

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Month-End Portfolio Data Now Available For Ares Dynamic Credit Allocation Fund, Inc.

December 19, 2025 4:15 PM

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of November 30, 2025, is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares...

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RiskSeal Reveals a Study of 6 Million Loan Applications, Proving Digital Credit Scores Reliably Predict Default Risk

December 19, 2025 9:05 AM

New research demonstrates how digital footprint data transforms credit risk assessment and expands access for underserved borrowers. RiskSeal, a global alternative credit data provider, released the results of a large study that analyzed 6.1 million consumer applications from seven fintechs in Mexico. The research shows strong evidence that digital credit scores built based on borrowers' digital footprint can reliably predict default risk, even...

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Luminar Media Group, Inc. Announces Confidential Submission of Draft Registration Statement (DRS) on Form S-1

December 19, 2025 9:00 AM

Luminar Media Group, Inc. (OTCID:LRGR) ("Luminar" or the "Company"), today announced that it has confidentially submitted a draft registration statement (DRS) on Form S-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The initial public offering is...

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Tortoise Capital Completes Realignment of TPZ with Rapidly Rising Electrification Demand Through Investment Policy and Name Change

December 19, 2025 8:30 AM

Tortoise Capital Advisors, L.L.C. (Tortoise Capital), a fund manager focused on energy and infrastructure investing, today announced a series of strategic enhancements to the Tortoise Essential Energy Fund (TPZ) that will become effective on January 1, 2026. These updates include changes to the fund's investment policy and name, as well as a shift in distribution frequency. TPZ's new non-fundamental investment policy is centered on what Tortoise...

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Roxmore Resources Begins Trading on the OTCQX Best Market in the United States

December 19, 2025 7:05 AM

Roxmore Resources Inc. (formerly, Axcap Ventures Inc.) (CSE:RM)(OTCQX:GARLF) ("Roxmore") is pleased to announce that its common shares have begun trading today on the OTCQX® Best Market under the symbol ‘GARLF'. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their...

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FundCanna Releases Statement on the Federal Rescheduling of Cannabis

December 18, 2025 2:45 PM

FundCanna, the leading lender for the cannabis industry, issued a statement following the federal government's decision to reclassify cannabis from Schedule I to Schedule III - a historic policy shift that reshapes taxation, research, compliance, and capital requirements across the legal marketplace. This decision affirms what operators, physicians, researchers, and consumers have long understood: cannabis has accepted medical use and never...

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