WebBank selects Sedric's ai-powered compliance platform to support its strategic partner programs. New York, NY - June 15, 2026 - Sedric, the agentic compliance platform transforming marketing and communications oversight in financial services, today announced a new partnership with WebBank, a leading issuer of credit products to consumer and business borrowers through its strategic partners' brand platforms. WebBank will leverage Sedric's enterprise-ready compliance technology to accelerate the review and approval of marketing materials across its partner ecosystem, ensuring faster time to approval while maintaining regulatory standards and creating a reliable audit trail. WebBank, known for its fintech-forward approach, collaborates with a diverse portfolio of strategic partners, including leading fintech companies. By integrating Sedric's platform, WebBank will enhance operational efficiency and reinforce existing robust compliance controls with clear standards across its partner marketing channels. Using Sedric's AI Platform, WebBank can retain its independent oversight and ultimate accountability for marketing compliance across its strategic partner ecosystem. "At WebBank, we prioritize innovation and compliance in equal measure," said Aaron Blankenstein, Chief Compliance Officer at WebBank. "Our partnership with Sedric enables us to streamline the review and approval of marketing content, enhancing our agility while maintaining the highest compliance standards. This alliance supports our mission to empower our strategic partners to drive innovation and financial inclusion with effective and efficient financial solutions." Sedric's platform employs advanced AI to assist compliance and marketing teams in dramatically expediting the marketing asset approval process, reducing risk, and protecting their brands. The platform automates monitoring for all customer touchpoints, including financial promotions, to proactively identify and resolve risk in real time - streamlining operations, supporting regulatory alignment, and unlocking faster compliant growth. "Our partnership with WebBank underscores Sedric's position as the emerging standard to address marketing compliance challenges at scale," noted Sedric co-founder and CEO Nir Laznik. "Our enterprise-ready AI platform offers robust observability and auditability, ensuring that financial institutions can confidently navigate the complexities of regulatory requirements. As the industry evolves, it's becoming increasingly clear that Sedric is leading the way in setting new benchmarks for compliance excellence, highlighting the industry's shift towards embracing advanced solutions that streamline operations without compromising on regulatory standards. This partnership underscores both companies' commitment to leveraging technology to enhance compliance processes and support scalable, compliant growth in the financial services sector." About WebBank WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $283 billion in consumer and commercial credit products. As "The Bank Behind the Brand(R)", WebBank is a national issuer of consumer and small business credit products through strategic partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with strategic partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to strategic partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com. No posts found. This field is for validation purposes and should be left unchanged. Information. News. Events. Classifieds.

Oportun appoints Doug Bland as Chief Executive Officer to Lead next phase of growth and profitability. GlobeNewswire | Oportun Financial Corporation Today at 2:37pm PDT SAN MATEO, Calif., April 16, 2026 (GLOBE NEWSWIRE) - Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial services company, today announced that, following a comprehensive search process, it has appointed Doug Bland as Chief Executive Officer and a member of Oportun's Board of Directors (the "Board"), effective April 20, 2026. "We are delighted to welcome Doug as Oportun's next CEO," said Louis P. Miramontes, Lead Independent Director of Oportun. "Doug's deep expertise in consumer credit, financial services, and scaling businesses makes him the ideal leader to build on Oportun's momentum. He has a proven track record of delivering sustainable results through operational rigor, disciplined credit management, and customer-centered innovation, all of which he will bring to bear as he leads Oportun into our next phase of growth and profitability." Mr. Bland brings over 30 years of experience in building and leading consumer financial services businesses from high-growth startups to global enterprises. He currently serves on the boards of directors of WebBank, a national issuer of consumer and small business credit products, and Creditly, a fintech platform applying artificial intelligence to financial wellness. Concurrent with joining Oportun and its Board, Mr. Bland will step down from the board of WebBank. Mr. Bland previously spent nearly seven years in senior leadership roles at PayPal, most recently as Senior Vice President and General Manager of its Consumer Business, where he led a global portfolio spanning digital wallets, peer-to-peer payments, buy-now-pay-later, consumer and small business credit, and Venmo. In that role, he oversaw the end-to-end strategy for PayPal's global consumer ecosystem, driving strategic and operational unification across a highly distributed organization to improve profitability, customer engagement, and cost efficiency. Mr. Bland led PayPal's Global Credit business, which included lines of credit, unsecured revolving products, pay-in-4 solutions and installment loans to consumers, while consistently delivering strong risk-adjusted returns across a complex enterprise and multi-jurisdictional regulatory environment. Before PayPal, he served as President & COO of Swift Financial, a small business lender, where he built the credit, compliance, and operational infrastructure that enabled rapid and responsible portfolio growth. Mr. Bland co-led Swift Financial through its acquisition by PayPal in 2017. Earlier in his career, Mr. Bland spent more than a decade at Bank of America as Senior Vice President, Small Business Products & Risk, where he led credit strategy and product management across one of the largest small business lending portfolios in the United States, including through the 2008 financial crisis. Prior to that, he held leadership roles with increasing responsibility across Stephens Inc., SunTrust, and Textron Financial, where he rose to Division President before leading the divestiture of the business to MBNA. "Oportun has built something genuinely differentiated - a technology-driven platform with a clear mission, and proven ability to responsibly improve the financial lives of people who are too often overlooked by traditional lenders," said Doug Bland. "I am honored to join Oportun at a pivotal moment in its history and look forward to partnering with the Company's talented team and the Board to strengthen its foundation, deepen member relationships, and create long-term value for shareholders." About Oportun Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $21.8 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com. Forward-Looking Statements This press release contains forward-looking statements. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release, including statements regarding Oportun's next phase of growth and profitability and the plans and objectives of management for its future operations, are forward-looking statements. These statements can be generally identified by terms such as "expect," "plan," "goal," "target," "anticipate," "assume," "predict," "project," "outlook," "continue," "due," "may," "believe," "seek," or "estimate" and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as "will," "should," "would," "likely" and "could." These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, Oportun disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements. These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause Oportun's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Oportun has based these forward-looking statements on its current expectations and projections about future events, financial trends and risks and uncertainties that it believes may affect its business, financial condition and results of operations. These risks and uncertainties include those risks described in Oportun's filings with the Securities and Exchange. Investor Contact Dorian Hare (650) 590-4323 [email protected] Media Contact FGS Global John Christiansen / Bryan Locke [email protected] This is a paid placement. For further inquiries, please contact GlobeNewswire directly.

WebBank announces Erik Cannon named EVP - Chief Operations Officer. SALT LAKE CITY-(BUSINESS WIRE)-WebBank today announced the promotion of Erik Cannon to Executive Vice President, Chief Operations Officer. In this expanded role, Erik will continue advancing operational excellence across the Bank while driving strategic alignment and scalable growth. Erik's elevation to EVP - Chief Operations Officer signals a continued commitment to strong, disciplined leadership at WebBank, where operational excellence and strategic alignment remain central to long-term growth. Share Erik joined WebBank in 2016 and was originally responsible for leading the Bank's Due Diligence and Implementation team. Since that time, he has assumed executive oversight of the Strategic Partners Oversight team, the Bank's Insurance Premium Finance subsidiary, National Partners, and the Bank's Partner Finance team. His leadership across these areas has strengthened operational discipline, enhanced cross-functional collaboration and supported WebBank's continued growth. Erik brings extensive experience in international operations, strategy development, relationship management, product development and the design, optimization and implementation of complex business systems and processes. He is known for his ability to identify opportunities for greater efficiency, build structured solutions and implement processes that improve performance while supporting long-term scalability. "Erik's leadership has been instrumental in shaping the strength and continued growth of WebBank," said Jason Lloyd, President & CEO. "He leads with both strategic vision and operational discipline that enables him to identify opportunities for greater effectiveness and translate complex challenges into disciplined, scalable processes. His executive presence and steady leadership have been instrumental in the success and performance of the teams under his oversight. I am confident he will continue to elevate the organization in his role as Executive Vice President." As EVP, Chief Operations Officer, Erik will focus on strengthening enterprise-wide operations, refining process excellence and supporting WebBank's continued expansion through disciplined execution and strong partner alignment. About WebBank WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $278 billion in consumer and commercial credit products. As "The Bank Behind the Brand(R)", WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com.