Latest news with #KrisFoster
Business Wire
10-07-2025
- Business
- Business Wire
Pinnacle Equipment Finance and JB&B Capital Earn National Recognition on Monitor 100
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) has earned two spots on the Monitor 100, the equipment finance industry's authoritative ranking of the biggest and top-performing firms in the country. Pinnacle equipment finance landed at No. 47 nationwide and JB&B Capital, a wholly owned subsidiary, at No. 86, with both recognized for their growth, client impact and originations volume. The recognition comes as Pinnacle equipment finance surpassed $2 billion in new originations in June, less than four years after the practice launched in September 2021. The milestone marks a significant moment for Pinnacle equipment finance. The pace of growth underscores the scale and demand of the practice as it matures into a national platform. Share 'Passing the $2 billion mark and earning a place in the Monitor 100 are strong signals that we're delivering real value for our clients,' said Kris Foster, president of Pinnacle equipment finance. 'Our team is solving complex needs for businesses of all sizes, across industries and credit profiles. We built this practice to be fast, flexible and relational, and clients are responding in kind.' The milestone marks a significant moment for Pinnacle equipment finance. The pace of growth underscores the scale and demand of the practice as it matures into a national platform. Together, Pinnacle and JB&B Capital form a comprehensive equipment finance platform that serves businesses across the credit spectrum, from small firms seeking single-asset financing to large corporations with nine-figure transactions. Solutions include structured and conventional financing for essential-use assets, vendor programs, aviation lending and more with options ranging from tax leases to FMV and TRAC structures. Clients benefit from responsive service, creative structuring and a single point of contact across the full range of needs. Pinnacle's entry into equipment finance is part of a larger strategy to serve clients with growing complexity and scale, while maintaining the personalized service the firm is known for. It also reflects Pinnacle's strategy to diversify its offerings with national specialties that can weather economic cycles and supplement local lending. JB&B Capital enhances those capabilities with deep expertise in special situations and asset types. Both operate under a unified culture and shared commitment to client service, backed by one of the best workplaces in the country and a firm named No. 1 in the U.S. for service to small business and middle market banking by Coalition Greenwich. Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 9 on FORTUNE magazine's 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance and was recognized by American Banker as one of America's Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024. The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $54.3 billion in assets as of March 31, 2025. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast. Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at
South Wales Argus
19-06-2025
- Business
- South Wales Argus
Some people with learning disabilities struggling to access banking
Informal workarounds are being used to help some people with a learning disability to get by financially, including handing over Pins to others and allowing family members to impersonate them on the phone. The research was published by Project Nemo – a not-for-profit campaign for disability inclusion in banking and financial technology – and sponsored by Nationwide Building Society. Around a third (32%) of adults with a learning disability who took part in the research did not have their own bank account. Some of those who took part in the research said they struggle with passwords or logins, or find it difficult to talk to bank staff, or find security checks hard to complete. The report also argued that the general shift away from payments made using coins and banknotes may have left vulnerable people behind. The report recommended that financial technology developers and financial services providers should include clear and simple language in banking features, with visual explanations where possible. The ability to intercept 'risky' purchases could also help to bolster people's independence, the report said. Features for products should include savings pots, a calm mode to reduce overwhelm, and wearable alternatives to payment cards, researchers suggested. Researchers carried out in-depth interviews as well as a survey of more than 1,600 people who identified as having a characteristic of vulnerability. Kris Foster, co-founder of Project Nemo, urged banks to 'break down the existing barriers'. Kathryn Townsend, Nationwide's head of customer vulnerability and accessibility, said: 'Everyone deserves to manage their money with confidence, dignity and independence.' Jon Sparkes, chief executive of charity Mencap, said: 'People with a learning disability tell us that they can struggle to make payments safely because of complex banking systems, inaccessible payment options and a lack of 'easy read' information. 'Because of these barriers, many worry about being more vulnerable to financial abuse and not being able to spend their money in the way they want to. Project Nemo's work is a hugely important step towards ensuring the 1.5 million people with a learning disability across the UK can make their financial choices safely and independently.' A spokesperson for trade body UK Finance said: 'The banking and finance industry is committed to helping all customers. Firms offer a range of services to help support customers with learning disabilities, and we encourage people to contact their bank to discuss the options available. The industry also works with various third sector organisations to help them understand challenges customers face and improve accessibility. 'To ensure cash access is still available for all, customers are able to withdraw and deposit money in banking hubs and post offices across the UK.' UK Finance also released a report on Thursday into progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for people with disabilities. The code sets out commitments to further widen opportunities for disabled entrepreneurs, including providing people with accessible and practical support, such as mentoring and networking events. The report said banks' initiatives include establishing specific teams dedicated to disability inclusion, with a focus on tracking and supporting people who identify as having a disability.
Leader Live
19-06-2025
- Business
- Leader Live
Some people with learning disabilities struggling to access banking
Informal workarounds are being used to help some people with a learning disability to get by financially, including handing over Pins to others and allowing family members to impersonate them on the phone. The research was published by Project Nemo – a not-for-profit campaign for disability inclusion in banking and financial technology – and sponsored by Nationwide Building Society. Around a third (32%) of adults with a learning disability who took part in the research did not have their own bank account. Some of those who took part in the research said they struggle with passwords or logins, or find it difficult to talk to bank staff, or find security checks hard to complete. The report also argued that the general shift away from payments made using coins and banknotes may have left vulnerable people behind. The report recommended that financial technology developers and financial services providers should include clear and simple language in banking features, with visual explanations where possible. The ability to intercept 'risky' purchases could also help to bolster people's independence, the report said. Features for products should include savings pots, a calm mode to reduce overwhelm, and wearable alternatives to payment cards, researchers suggested. Researchers carried out in-depth interviews as well as a survey of more than 1,600 people who identified as having a characteristic of vulnerability. Kris Foster, co-founder of Project Nemo, urged banks to 'break down the existing barriers'. Kathryn Townsend, Nationwide's head of customer vulnerability and accessibility, said: 'Everyone deserves to manage their money with confidence, dignity and independence.' Jon Sparkes, chief executive of charity Mencap, said: 'People with a learning disability tell us that they can struggle to make payments safely because of complex banking systems, inaccessible payment options and a lack of 'easy read' information. 'Because of these barriers, many worry about being more vulnerable to financial abuse and not being able to spend their money in the way they want to. Project Nemo's work is a hugely important step towards ensuring the 1.5 million people with a learning disability across the UK can make their financial choices safely and independently.' A spokesperson for trade body UK Finance said: 'The banking and finance industry is committed to helping all customers. Firms offer a range of services to help support customers with learning disabilities, and we encourage people to contact their bank to discuss the options available. The industry also works with various third sector organisations to help them understand challenges customers face and improve accessibility. 'To ensure cash access is still available for all, customers are able to withdraw and deposit money in banking hubs and post offices across the UK.' UK Finance also released a report on Thursday into progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for people with disabilities. The code sets out commitments to further widen opportunities for disabled entrepreneurs, including providing people with accessible and practical support, such as mentoring and networking events. The report said banks' initiatives include establishing specific teams dedicated to disability inclusion, with a focus on tracking and supporting people who identify as having a disability.
North Wales Chronicle
19-06-2025
- Business
- North Wales Chronicle
Some people with learning disabilities struggling to access banking
Informal workarounds are being used to help some people with a learning disability to get by financially, including handing over Pins to others and allowing family members to impersonate them on the phone. The research was published by Project Nemo – a not-for-profit campaign for disability inclusion in banking and financial technology – and sponsored by Nationwide Building Society. Around a third (32%) of adults with a learning disability who took part in the research did not have their own bank account. Some of those who took part in the research said they struggle with passwords or logins, or find it difficult to talk to bank staff, or find security checks hard to complete. The report also argued that the general shift away from payments made using coins and banknotes may have left vulnerable people behind. The report recommended that financial technology developers and financial services providers should include clear and simple language in banking features, with visual explanations where possible. The ability to intercept 'risky' purchases could also help to bolster people's independence, the report said. Features for products should include savings pots, a calm mode to reduce overwhelm, and wearable alternatives to payment cards, researchers suggested. Researchers carried out in-depth interviews as well as a survey of more than 1,600 people who identified as having a characteristic of vulnerability. Kris Foster, co-founder of Project Nemo, urged banks to 'break down the existing barriers'. Kathryn Townsend, Nationwide's head of customer vulnerability and accessibility, said: 'Everyone deserves to manage their money with confidence, dignity and independence.' Jon Sparkes, chief executive of charity Mencap, said: 'People with a learning disability tell us that they can struggle to make payments safely because of complex banking systems, inaccessible payment options and a lack of 'easy read' information. 'Because of these barriers, many worry about being more vulnerable to financial abuse and not being able to spend their money in the way they want to. Project Nemo's work is a hugely important step towards ensuring the 1.5 million people with a learning disability across the UK can make their financial choices safely and independently.' A spokesperson for trade body UK Finance said: 'The banking and finance industry is committed to helping all customers. Firms offer a range of services to help support customers with learning disabilities, and we encourage people to contact their bank to discuss the options available. The industry also works with various third sector organisations to help them understand challenges customers face and improve accessibility. 'To ensure cash access is still available for all, customers are able to withdraw and deposit money in banking hubs and post offices across the UK.' UK Finance also released a report on Thursday into progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for people with disabilities. The code sets out commitments to further widen opportunities for disabled entrepreneurs, including providing people with accessible and practical support, such as mentoring and networking events. The report said banks' initiatives include establishing specific teams dedicated to disability inclusion, with a focus on tracking and supporting people who identify as having a disability.
Glasgow Times
19-06-2025
- Business
- Glasgow Times
Some people with learning disabilities struggling to access banking
Informal workarounds are being used to help some people with a learning disability to get by financially, including handing over Pins to others and allowing family members to impersonate them on the phone. The research was published by Project Nemo – a not-for-profit campaign for disability inclusion in banking and financial technology – and sponsored by Nationwide Building Society. Around a third (32%) of adults with a learning disability who took part in the research did not have their own bank account. Some of those who took part in the research said they struggle with passwords or logins, or find it difficult to talk to bank staff, or find security checks hard to complete. The report also argued that the general shift away from payments made using coins and banknotes may have left vulnerable people behind. The report recommended that financial technology developers and financial services providers should include clear and simple language in banking features, with visual explanations where possible. The ability to intercept 'risky' purchases could also help to bolster people's independence, the report said. Features for products should include savings pots, a calm mode to reduce overwhelm, and wearable alternatives to payment cards, researchers suggested. Researchers carried out in-depth interviews as well as a survey of more than 1,600 people who identified as having a characteristic of vulnerability. Kris Foster, co-founder of Project Nemo, urged banks to 'break down the existing barriers'. Kathryn Townsend, Nationwide's head of customer vulnerability and accessibility, said: 'Everyone deserves to manage their money with confidence, dignity and independence.' Jon Sparkes, chief executive of charity Mencap, said: 'People with a learning disability tell us that they can struggle to make payments safely because of complex banking systems, inaccessible payment options and a lack of 'easy read' information. 'Because of these barriers, many worry about being more vulnerable to financial abuse and not being able to spend their money in the way they want to. Project Nemo's work is a hugely important step towards ensuring the 1.5 million people with a learning disability across the UK can make their financial choices safely and independently.' A spokesperson for trade body UK Finance said: 'The banking and finance industry is committed to helping all customers. Firms offer a range of services to help support customers with learning disabilities, and we encourage people to contact their bank to discuss the options available. The industry also works with various third sector organisations to help them understand challenges customers face and improve accessibility. 'To ensure cash access is still available for all, customers are able to withdraw and deposit money in banking hubs and post offices across the UK.' UK Finance also released a report on Thursday into progress made by banks following the introduction of the Disability Finance Code for Entrepreneurship (DFCE) in December 2024, which aims to improve the entrepreneurial landscape for people with disabilities. The code sets out commitments to further widen opportunities for disabled entrepreneurs, including providing people with accessible and practical support, such as mentoring and networking events. The report said banks' initiatives include establishing specific teams dedicated to disability inclusion, with a focus on tracking and supporting people who identify as having a disability.
