US Market News
2月前
Cass Commercial Bank Names Eric Giering PresidentMarch 30, 2026 7:30 AM
Business Wire
Cass Information Systems, Inc. (Nasdaq: CASS), a leading provider of information and payment management solutions, announced today that Eric Giering has been named President of Cass Commercial Bank, its commercial banking subsidiary.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330300467/en/Eric Giering, Cass Commercial Bank
Giering succeeds Dwight D. Erdbruegger, who will retire in September after serving as President of Cass Commercial Bank since July 2018. Under Erdbruegger’s leadership, the Bank strengthened its market position, expanded key lines of business, and continued its long-standing record of conservative credit management and strong financial performance.
Giering has served as Director of Commercial Banking since joining Cass Commercial Bank in 2019. During his tenure, he has played a key role in advancing the Bank’s commercial banking strategy, supporting growth and strengthening client relationships while maintaining the Bank’s long-standing commitment to disciplined credit practices and sound risk management.
“Eric is a proven leader with a deep understanding of our clients, our culture, and our commitment to prudent banking,” said Martin Resch, President and Chief Executive Officer of Cass Information Systems, Inc. “His experience, leadership style, and strategic mindset position him well to continue the Bank’s tradition of stability and thoughtful growth.”
Giering brings more than three decades of commercial banking experience, including senior leadership roles at BMO Harris Bank, Commerce Bank, National City Bank, and First of America Bank. His background includes extensive experience in credit risk management, portfolio leadership, and new business development across multiple industries and markets.
“I am honored to serve as President of Cass Commercial Bank,” said Giering. “Cass has an exceptional legacy built on integrity, disciplined risk management, and strong relationships. I look forward to working with our talented team to support our clients and continue delivering consistent, long-term value.”
Giering holds a Master of Business Administration in Finance from Central Michigan University and a Bachelor of Business Administration in Finance from Western Michigan University.
About Cass Commercial Bank
Founded in 1906, Cass Commercial Bank is a St. Louis-based commercial bank providing sophisticated financial services to privately held businesses, companies, faith-based institutions, and nonprofit organizations. The Bank is a member of the Federal Reserve System and is a wholly owned subsidiary of Cass Information Systems, Inc.
About Cass Information Systems, Inc.
Cass Information Systems, Inc. is a leading provider of integrated information and payment management solutions. Cass enables enterprises to achieve visibility, control, and efficiency across their supply chains, communications networks, facilities, and other operations. Disbursing tens of billions of dollars annually on behalf of its clients, Cass is uniquely supported by its wholly owned subsidiary, Cass Commercial Bank. Cass is a member of the Russell 2000®.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260330300467/en/
cassmarketing@cassinfo.com
Original: Cass Commercial Bank Names Eric Giering President
US Market News
3月前
Cass Information Systems and Caspian Partner to Deliver Comprehensive Tariff Cost Management SolutionFebruary 26, 2026 7:30 AM
Business Wire
Cass Information Systems, Inc. (Nasdaq: CASS), a leading provider of enterprise payment and spend management solutions, today announced a strategic partnership with Caspian, the AI command center for customs refunds. Together, the companies will deliver a comprehensive tariff cost management solution designed to help U.S. importers improve cash flow, strengthen compliance, and better understand their true landed product costs.
Addressing Critical Supply Chain Challenges
Ongoing tariff complexity and difficult customs processes continue to elevate compliance and financial risks for U.S. importers.
Refunds opportunities go undetected, unrecovered or become stuck in endless red tape
Compliance posture & supply chain planning are reactive to geopolitics
Pricing strategy lacks visibility to trends in product-level duty burdens
Shippers need processes and technology that improve financial controls and supply chain resiliency, while reducing the work they face each day.
A Connected Tariff Spend Management Offering
The Cass–Caspian partnership will deliver an integrated solution connecting payment, audit, compliance, recovery, and improved visibility. To enhance Cass payments and reporting, Caspian will contribute AI-driven HTS modeling, detailed tariff audit capabilities, refund identification, and full support for post summary corrections (PSC), protests, and duty drawback programs.
Cass clients who leverage its established ocean audit capabilities and the new tariff solution will achieve true excellence in managing the costs of global trade.
Benefits to Importers: Post-Entry Process on Autopilot
Reduce tariff spend by addressing misclassifications and overpayments
Accelerate refunds by completing audits & corresponding correction filings in days
Strengthen CBP compliance posture by creating searchable records databases & auditing shipments pre- and post-entry via integrated data feeds
Increase resiliency by identifying trade compliance gaps, streamlining time-sensitive payments, and leveraging tariff refund eligibility logic that is updated daily
Manage global trade costs (freight and duties) in one platform, with one payment process
Leadership Perspectives
“This partnership strengthens our ability to help importers manage tariff costs with greater accuracy and transparency,” said Tony Urban, president of Cass’s freight payment organization. “Cass has supported duty payments for years. Now by adding Caspian’s compliance, audit, and recovery capabilities, we’re able to deliver the comprehensive solution our clients have been asking for.”
“Caspian brings a best-in-class AI-driven tariff audit engine and advanced HTS modeling to this partnership, and our team has decades of combined experience in customs brokerage and supply chain technology,” said Justin Sherlock, co-founder and CEO of Caspian. “Together, we’ll help importers close compliance gaps, maximize tariff refunds, and increase transparency throughout the shipping lifecycle.”
To learn more, contact cassmarketing@cassinfo.com.
About Cass Information Systems
Cass Information Systems, Inc. is a leading provider of enterprise payment and spend management solutions, helping clients manage and optimize complex facilities and transportation spend through intelligent automation, accurate auditing, and centralized visibility. Disbursing over $94 billion annually on behalf of clients, and with total assets of $2.6 billion, Cass is uniquely supported by Cass Commercial Bank. Founded in 1906 and a wholly owned subsidiary, Cass Commercial Bank provides sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000®. More information is available at www.cassinfo.com.
About Caspian
Caspian is the first AI-native trade advisory platform for international supply chains, specializing in duty drawback and tariff refund processing. Founded in 2024, Caspian is a U.S.-licensed customs broker and ABI software vendor, helping importers simplify trade processes, strengthen compliance, and recover millions in overpaid duties. Learn more at www.meetcaspian.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260226554201/en/
cassmarketing@cassinfo.com
Original: Cass Information Systems and Caspian Partner to Deliver Comprehensive Tariff Cost Management Solution
Penny Roger$
14年前
Cass Information Systems, Inc. (Cass) is a provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States. The Company provides transportation invoice rating, payment, audit, accounting and transportation information to many companies. It is also a processor and payer of utility invoices, including electricity, gas, and other facility related expenses. The services provided by the Company are classified into two reportable segments: Information Services and Banking Services. The Information Services segment provides transportation, utility and telecommunication invoice processing and payment services to corporations. The Banking Services segment provides banking services primarily to privately held businesses and churches. As of December 31, 2010, the Bank's loan portfolio was $708,633,000 and represented 60% of the Company's total assets.
http://www.google.com/finance?q=CASS