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Banking & Finance

American banks getting ready to roll out EMV credit cards

EMV chips, long used to fight credit and debit card fraud abroad, finally have crossed the sea. Financial institutions are getting ready to make the shift, migrating to the global standard for secure payments. “We intend to convert over 70 ...

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Bank CEO leads its new path

Bruce Van Saun sees in Rochester the kind of potential that the newly independent Citizens Financial Group Inc. hopes to tap as part of its plans to grow into its own identity. Van Saun, who has led Citizens Bank forward ...

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UR CFO Paprocki to retire in 2016

University of Rochester stalwart Ronald Paprocki will retire after 45 years of service, President Joel Seligman said Wednesday.

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Golisano buys 50% stake in tablet maker

Thomas Golisano is once again doing business in Buffalo. The Paychex Inc. founder and chairman has made a major investment in a Buffalo-based tablet PC manufacturer, one expected to bring jobs to the region and provide tools to help combat ...

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First Niagara advances with investment plan

First Niagara Financial Group Inc. is moving forward on a major investment plan, with bank leaders saying they made progress during a quarter that otherwise saw retraction in earnings and net income. First Niagara is in the second year of ...

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2015 Financial Executive of the Year Award: SMALL ORGANIZATIONS

Clay Carpenter Nichols Construction Team As a partner and chief financial officer of the Nichols Construction Team, Clay Carpenter wears many hats. Carpenter has been with the company since 1998. In his current role, he oversees financial operations and acts ...

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2015 Financial Executive of the Year Award: RISING STAR

Keri Curtis GateHouse Media LLC Growing up on a dairy farm outside of Utica with seven siblings, Keri Curtis learned to have a strong work ethic early in life. “I’m number six in the lineup, so I know how to ...

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2015 Financial Executive of the Year Award: Past winners

Thirty-three people have received the Financial Executive of the Year Award since the program was launched in 2008 by the Rochester chapter of the Financial Executives International and the Rochester Business Journal. 2014 Susan Gurak Monroe Community College Foundation Thomas ...

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2015 Financial Executive of the Year Award: LARGE NON-PROFITS

Thomas Ammer Villa of Hope As the vice president of finance and administration, Thomas Ammer oversees the financial matters at Villa of Hope, but he sees his work in helping those who deal with matters of the heart as having ...

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2015 Financial Executive of the Year Award: LARGE ORGANIZATIONS

Monica Savino The Bonadio Group As chief financial officer of the Bonadio Group, Monica Savino’s days vary significantly. Besides being an accounting firm, the group has 14 subsidiaries. “Sometimes my focus is accounting firm concerns and some days it’s the ...

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2015 Financial Executive of the Year Award

Fifteen financial executives from the business and non-profit sectors have been selected as finalists for the 2015 Financial Executive of the Year Award, which recognizes contributions to their organizations and the community during the past year. The awards luncheon, co-presented ...

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Winners announced in UR business plan competition

Teams of student entrepreneurs from the University of Rochester took top prizes for their ideas in the ninth annual Mark Ain Business Model Competition, UR announced Friday.

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State taps Excell Partners to manage new $2M fund

A Rochester-based venture capital firm has been tapped to manage a new $2 million investment fund launched by the state to provide seed funding to certified minority- and women-owned business enterprises.

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