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Five Star Bank partners with software firm on digital loans
WARSAW — Five Star Bank is now offering digital-loan origination for small businesses through its partnership with Numerated, a Boston, Massachusetts–based software company. Five Star Bank is the wholly owned community bank subsidiary of Financial Institutions, Inc. (NASDAQ: FISI), which is headquartered in Warsaw in Wyoming County in Western New York and has branches across […]
VIEWPOINT: The Importance of Cyber Insurance & Cyber Assurance
Cybersecurity, information assurance, and cyber resilience are essential for any organization. Despite the likelihood of being hacked, companies that implement effective protection techniques and have appropriate insurance coverage can minimize the damage of a cyber attack. Cyber risks present unique challenges to the insurance industry. Business interruption and data-breach litigation insurance were some of the
Utica University receives grant for cyber range plans
UTICA, N.Y. — Utica University received a $150,000 grant from the George I. Alden Trust to build a new cyber range in Bull Hall. A
People news: Parkhurst named director of life cycle management at SRCTec
CICERO, N.Y. — Geoff Parkhurst has been promoted to director of life cycle management at SRCTec. As a director, Parkhurst will lead the life cycle
ConMed reports nearly 15 percent rise in Q2 sales, ups earnings guidance
ConMed Corporation (NYSE: CNMD) recently reported it closed out a strong second quarter with sales rising 14.6 percent over the same quarter last year and
CenterState CEO holds groundbreaking for Tech Garden expansion project
SYRACUSE, N.Y. — The $32 million expansion project at the Tech Garden at 235 Harrison St. in Syracuse is now underway. It’s expected that crews
Le Moyne College joins Griffiss Institute’s Innovare Alliance
SYRACUSE, N.Y. — Le Moyne College is now part of the Griffiss Institute’s Innovare Alliance, an initiative that seeks to advance technical and professional development disciplines and to “nurture a skilled workforce to drive growth and prosperity in the region.” The partnership aims to expand access to high-quality educational, training, research, and entrepreneurial opportunities in
On Point for College looks to connect students to careers in semiconductor industry
UTICA — On Point for College, a nonprofit education and career-attainment program, is setting its sights on the semiconductor industry to ensure the future pipeline of workers in the microchip-manufacturing industry. On Point created a new dedicated career-advisor position in its Utica office and is working on developing a program that will help connect high-school
MV SBDC, thINCubator innovate to serve business community
UTICA, N.Y. — From working at home to meal delivery, there’s no denying the pandemic changed the way companies do business in America. Locally, it also helped spur some changes in how the Mohawk Valley Small Business Development Center (SBDC) and Mohawk Valley Community College’s (MVCC) thINCubator interact with those businesses. “COVID really impacted businesses,
ENDICOTT, N.Y. — ICS is consolidating its regional managed-technology brands into one national brand, TechMD. ICS, headquartered in Endicott, is a technology management and cybersecurity company. In its July 21 news release, TechMD says it will spend the majority of the summer consolidating its brand materials and websites. After several recent acquisitions including AKUITY Technologies,
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