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Quontic Bank Announces Termination of OCC Consent Order

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Regulatory agreement terminated effective June 30, 2026, reflecting the successful completion of comprehensive remediation efforts

ASTORIA, N.Y., July 16, 2026 /PRNewswire/ — Quontic Bank today announced that the Office of the Comptroller of the Currency (OCC) has terminated the Consent Order dated October 5, 2022 (Docket No. AA-ENF-2022-25), effective June 30, 2026.

The termination reflects the OCC’s determination that the Bank’s safety and soundness, as well as its compliance with applicable laws and regulations, no longer require the continued existence of the Order.

“This milestone is a testament to the extraordinary commitment of our entire organization,” said George Lazaridis, Chief Executive Officer of Quontic Bank. “From day one, we viewed this process not simply as a regulatory obligation, but as an opportunity to strengthen the foundation of our bank. I am incredibly proud of what we have accomplished together.”

The termination follows a comprehensive, multi-year effort led by Quontic’s Board of Directors, executive leadership, and employees to address the areas identified by the OCC and to strengthen the Bank’s governance, risk management, compliance, and operational infrastructure. Throughout the process, Quontic remained focused on implementing meaningful, sustainable enhancements that will continue to support the Bank well into the future.

Quontic’s Board of Directors provided consistent oversight and strategic guidance throughout the remediation process, helping ensure the Bank remained focused, accountable, and transparent at every stage.

“The Board has been deeply engaged throughout this process, and I want to thank my fellow directors for their diligence and partnership,” said Michael Wirth, Lead Independent Director, and Sherri Schnall, Chairwoman of the Board of QBAC Holding Company. “Just as importantly, this achievement belongs to the employees of Quontic, whose commitment and professionalism made this outcome possible.”

Leadership across the Bank’s risk, compliance, audit, operations, and business functions played an instrumental role in designing and implementing the enhancements necessary to satisfy the OCC’s expectations.

“Our leadership team worked alongside every department to ensure this was done thoughtfully and thoroughly,” said Robert Russell, President. “The successful termination of the Consent Order reinforces our commitment to operating with integrity and maintaining the highest standards for our customers, regulators, and the communities we serve.”

Quontic also recognizes the contributions of employees across every level of the organization, whose dedication to continuous improvement and commitment to doing the right thing helped make this milestone possible.

“None of this would have been possible without our people,” added Russell. “Every employee who helped strengthen our processes, embraced higher standards, and remained committed to serving our customers played a role in this achievement. This outcome reflects the collective effort of our entire organization.”

With the Consent Order now terminated, Quontic will continue building on the stronger governance, risk management, and compliance practices established during the remediation process. The Bank remains committed to operating safely and soundly while delivering innovative financial solutions and exceptional service to the customers and communities it serves.

About Quontic Bank
Quontic is the adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Quontic’s innovative banking platform reimagines traditional banking with adaptive lending and innovative deposit products that transcend legacy banking inequities. Quontic’s mission to break the system for financial empowerment stands in the face of big banks and proves there is a better and more equitable way to put the customer first. The bank focuses on truly understanding and serving the underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience as opposed to a one-size-fits-all banking approach.

Quontic is a privately held company based in New York, New York.

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SOURCE Quontic Bank

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TOPGOLF LAUNCHES TOPGOLF MEDIA NETWORKS, EXPANDING INTO SPONSORSHIP, MEDIA AND LICENSING

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New division transforms Topgolf’s unmatched entertainment footprint into a connected media platform for brands, creators and strategic partners

DALLAS, July 16, 2026 /PRNewswire/ — Topgolf today announced the launch of Topgolf Media Networks, a new Sponsorship, Media and Licensing division that marks the next evolution of the company’s business—from a golf entertainment destination into a connected sports, entertainment, media and licensing platform.

The new division creates a single-entry point for brands seeking to engage more than 42 million guest who visit Topgolf annually, connecting them through immersive in-venue experiences, more than 28,000 digital screens, first-party audience data and original content and licensing opportunities. By bringing together sponsorship, media and licensing under one organization, Topgolf Media Networks enables marketers to build customized programs that span live experiences, digital engagement and branded storytelling.

“Topgolf has become much more than a place to play golf,” said David McKillips, CEO of Topgolf. “More than 42 million guests and golfers come to our venues to compete, celebrate, socialize and connect. Topgolf Media Networks allows brands to become part of those experiences through creative partnerships that are measurable, authentic, and built around real consumer engagement.”

Unlike traditional sponsorship models built around standardized packages, Topgolf Media Networks designs custom partnerships that align with each brand’s unique objectives, target audiences, geographic priorities and business goals. The result is integrated campaigns designed to drive meaningful engagement throughout the consumer journey—from awareness and consideration to trial, conversion and long-term loyalty.

A Media Platform Built Around Participation

Topgolf Media Networks provides partners access to one of the most unique owned-and-operated media ecosystems in sports and entertainment, including:

More than 42 million annual guest visitsOver 100 Topgolf venues nationwidePresence across 24 of the top 25 U.S. media marketsMore than 28,000 digital screens throughout Topgolf venuesOwned digital channels and first-party consumer dataOriginal content and branded entertainmentLicensing opportunities that extend the Topgolf brand beyond the venue experience

Collectively, these assets position Topgolf Media Networks as a scaled platform capable of connecting brands with consumers before, during and after every visit.

A Different Kind of Audience

Topgolf’s reach rivals—and in many cases exceeds—that of traditional U.S. sports properties. Topgolf’s audience also represents a highly attractive and young consumer segment, with more than 42 million annual guest visits. 

More importantly, guests aren’t simply watching—they’re participating. The average Topgolf visit lasts nearly two hours, creating an environment of active play, dining, celebration and social interaction that gives brands extended opportunities to connect with consumers throughout an entire experience rather than a single moment of passive viewing.

Connecting Physical Experiences With Digital Engagement

Topgolf Media Networks orchestrates a full-funnel approach by integrating experiential entertainment with digital engagement and first-party data, enabling brands to reach consumers across every stage of the customer journey. By connecting live experiences with digital engagement and first-party data, Topgolf Media Networks enables brands to reach consumers across every stage of the customer journey while delivering campaigns that extend well beyond the venue.

The launch reinforces Topgolf’s continued evolution as one of the fastest-growing entertainment brands, creating new opportunities for advertisers, media partners and licensees while enhancing the experience for millions of guests nationwide.

For more information about partnership opportunities with Topgolf Media Networks, visit https://topgolf.com/medianetworks or contact Rodney Ferrell, VP of Partnerships at rodney.ferrell@topgolf.com.

About Topgolf

Topgolf is the modern golf entertainment experience where friends and families connect through play, food, drinks and unforgettable moments. With more than 100 venues across the United States and internationally, Topgolf welcomes more than 42 million annual visits and continues to redefine how people experience the game through innovation, technology and hospitality.

View original content to download multimedia:https://www.prnewswire.com/news-releases/topgolf-launches-topgolf-media-networks-expanding-into-sponsorship-media-and-licensing-302827849.html

SOURCE Topgolf

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Community Colleges Nationwide Modernize Campus Recognition with Rocket Alumni Solutions

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BOSTON, July 16, 2026 /PRNewswire/ — Rocket Alumni Solutions is helping modernize the community college landscape by transforming how institutions recognize athletes, alumni, donors, academic achievements, and campus history. As a leading provider of touchscreen recognition software, Rocket replaces space-limited plaques and traditional displays with dynamic digital exhibits that bring institutional history and community support to life.

Driving Engagement Through Innovation

Rocket Alumni Solutions provides a cloud-based, interactive platform designed to foster deeper connections between community colleges and their students, alumni, donors, and supporters. By implementing digital awards kiosks and touchscreen recognition displays, colleges can transform campus spaces into vibrant, modern galleries.

This technology allows institutions to showcase academic achievements, research breakthroughs, faculty publications, athletic Hall of Fame records, alumni accomplishments, donor milestones, and historical archives in one centralized experience.

Unlike traditional displays that can be difficult to expand or update, Rocket’s interactive kiosks encourage active engagement. Visitors can explore athletic records, learn about major donors, view historical photos, and search institutional achievements through an intuitive interface that staff can update remotely.

For community colleges, the primary benefit of a digital recognition display is the ability to recognize more people and preserve more history without being limited by physical display space. The platform can grow with the institution, ensuring recognition remains current, relevant, and aligned with the college’s brand identity.

Success Stories Across the Nation

Community colleges are using Rocket’s platform to preserve institutional history and highlight the people and achievements that define their communities:

Calhoun Community College uses its display to spotlight the athletic department. Its kiosk features an embedded athletic calendar, historical trophies, Hall of Fame inductees, and All-American recognition.Butler Community College focuses on celebrating athletic excellence through Hall of Fame and All-American recognition folders, providing visitors with a clear view of the institution’s athletic achievements.Blue Mountain Community College offers a comprehensive digital experience where users can browse Hall of Fame history, team records, sponsor information, and athletic awards.

Bridging Tradition with Technology

Beyond displaying information, Rocket Alumni Solutions helps community colleges preserve their legacies. By digitizing archives and securely storing records in the cloud, institutions can ensure that important milestones, from major donations to athletic accomplishments and volunteer contributions, remain protected and accessible. This modernization helps colleges honor the past while creating a more engaging experience for current students, prospective students, alumni, donors, families, and community supporters. For community colleges ready to modernize their athletic recognition, alumni displays, donor recognition, or institutional history, Rocket Alumni Solutions offers personalized demonstrations and solutions tailored to each campus.

About Rocket Alumni Solutions

Rocket Alumni Solutions proudly partners with more than 1,500 organizations, ranging from professional associations like the PGA Tour to leading universities including University of Maryland, Louisiana State University, New York University, and Virginia Tech, as well as public high schools with limited resources. Rocket Alumni Solutions’ touchscreen software maintains an 87+ NPS rating, reflecting exceptional ease of use and customer satisfaction. Through best-in-class touchscreen technology, schools can create interactive Halls of Fame that celebrate community achievements, preserve institutional history, and enrich student experiences. Rocket Alumni Solutions offers affordable plans for smaller schools alongside premium capabilities for larger organizations, including unlimited data, pre-built templates, and plug-and-play setup for seamless implementation.

Media Contact: press@rocketalumnisolutions.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/community-colleges-nationwide-modernize-campus-recognition-with-rocket-alumni-solutions-302826647.html

SOURCE Rocket Alumni Solutions

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Sky Systemz and Fractal Unveils the Next Generation of Construction Technology at Inaugural Construction Technology Summit

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The partnership launched SkyOS Mobile, previewed AI-powered innovations and unveiled the Contractor Portal connecting contractors and suppliers across the construction ecosystem.

LEXINGTON, Ky., July 16, 2026 /PRNewswire/ — Sky Systemz concluded its inaugural Construction Technology Summit, a two-day event bringing together employees, industry leaders, technology partners and executives to unveil the next phase of the company’s vision for the future of construction’s financial technology.

The summit showcased the continued evolution of the Sky Systemz ecosystem, highlighting innovations across its portfolio of solutions, including SkyOS, the company’s construction operations platform; Fractal, it’s payments and financial technology partner; Outpave, its Contractor expense management partner; and SkyFi, its embedded banking solution. Together, these platforms are designed to help construction businesses streamline operations, modernize payments, improve cash flow and eliminate inefficiencies through one connected operating network.

The event featured exclusive previews of upcoming platform capabilities, including a new Customer Portal, expanded AI-powered functionality, and Pay By Bank 2.0, providing attendees with an inside look at Sky Systemz strategy to bring a powerful ecosystem to the highly fragmented construction industry. The company also officially announced the launch of the SkyOS Mobile App, now available for download on the Apple App Store and Google Play, extending the power of SkyOS beyond the office and into the field.

“Our objective transcends the mere development of superior software in isolation,” said Brian Nichols, Founder and CEO of Sky Systemz. “We are establishing the Operating Network, the foundational infrastructure that evolves into the Intelligence Layer for Construction.”

Nichols shared the company’s long-term vision of building an intelligent ecosystem that connects operational systems, financial gateways and automated workflows into one seamless experience for construction businesses.

“The construction industry loses billions of dollars every year to disconnected systems, inefficient workflows and outdated financial processes,” Nichols continued. “Our mission is to give those billions back by creating technology that helps the construction industry operate more efficiently, improve profitability and make smarter business decisions.”

The keynote set the tone for two days centered around innovation, collaboration and the future of the construction industry. Attendees were among the first to experience demonstrations of the company’s product roadmap, showcasing how SkyOS, Fractal and SkyFi continue to evolve as an integrated technology ecosystem rather than standalone solutions.

Across the platform, upcoming innovations are focused on simplifying complex workflows while giving customers greater visibility into their operations and finances. Highlights included:

The official launch of the SkyOS Mobile App for iOS and AndroidA preview of the new Customer Portal, providing customers with greater visibility into invoices, payments and account activityExpanded AI capabilities designed to deliver intelligent insights and automate everyday workflowsPay By Bank 2.0, enhancing secure account-to-account payments and expanding digital payment optionsContinued investment in connected experiences across the Sky Systemz ecosystem

The summit’s opening day also featured keynote speaker Oz Pearlman, world-renowned mentalist, memory expert and America’s Got Talent finalist, whose presentation challenged attendees to think differently about innovation, adaptability and human performance.

The second day shifted focus toward developing the people behind the technology. Leadership from across Sky Systemz, Fractal and Outpave led sessions covering artificial intelligence, engineering, product development, sales, marketing and operations, reinforcing the company’s belief that innovation begins with investing in the employees who build, support and deliver its solutions every day.

The event concluded with a keynote presentation from entrepreneur and sales strategist Jordan Belfort, who shared insights on communication, leadership and building high-performing teams.

“Technology alone doesn’t transform an industry,” Nichols said. “It takes talented people who are passionate about solving real customer problems. By investing in our employees, we’re ultimately investing in better products, stronger partnerships and greater outcomes for the customers we serve.”

The Construction Technology Summit marks the beginning of a new annual tradition for Sky Systemz as the company continues expanding its product portfolio and investing in the people driving the future of construction technology.

Through its integrated ecosystem of SkyOS, Fractal, Outpave and SkyFi, Sky Systemz is building what it calls the Operating Network for Construction – a connected platform where operational software, financial technology and embedded finance work together to create greater efficiency, stronger cash flow and more intelligent business operations across the construction industry.

For more information about Sky Systemz and Fractal and its growing portfolio of construction technology solutions, visit www.skysystemz.com or fractalpay.com

About Sky Systemz

Sky Systemz is building the Operating Network for Construction through a connected portfolio of technology solutions that unite operations, payments and embedded finance into one intelligent ecosystem. Its portfolio includes SkyOS, a construction operations platform that helps businesses manage day-to-day operations; Fractal, a payments and financial technology platform that modernizes how construction companies get paid; and SkyFi, an embedded finance solution that integrates financial services directly into operational workflows. Together, these solutions help contractors, suppliers and construction businesses simplify operations, accelerate cash flow and uncover billions in lost profit through smarter technology, AI-powered innovation and connected workflows.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sky-systemz-and-fractal-unveils-the-next-generation-of-construction-technology-at-inaugural-construction-technology-summit-302827851.html

SOURCE Sky Systemz

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