Inovatec Systems, a provider of cloud-based software solutions for lenders, reached an agreement with Lightico, a software-as-a-service platform, to deliver digitally complete customer journeys to lenders in North America.
LPA, a capital markets technology and advisory firm, will expand into the United States, with Serge Malka joining the firm as LPA US managing director. Malka will be responsible for the acceleration of LPA’s American operations with the opening of a new office in New York.
Santa Cruz County Bank launched an asset-based lending division. Lee Shodiss will serve as senior vice president and director of the division, while Shelly Medina will serve as senior vice president and ABL operations manager for the division.
The American Bankruptcy Institute’s asset sales committee named Keen-Summit Capital Partners the winner of the asset sale of the year award for its sale of the 6,400-acre Big Horn ranch in the Chapter 11 proceeding of Lighthouse Resources.
Great Plains National Bank has been leveraging Jack Henry’s accounts receivable financing program, BusinessManager, to create additional revenue opportunities for local businesses and assist with COVID-19 pandemic recovery.