City National Bank Buys Entertainment Industry Payment Specialist Exactuals

City National Bank has acquired Exactuals, a Los Angeles-based entertainment industry payments specialist, for an undisclosed price. The bank, which first invested in Exactuals in 2013, announced the deal on Monday. It said Exactuals’ PaymentHub system allows studios, unions, guilds, payroll companies, music publishers, record labels, distributors, and marketplaces to provide direct deposit payments, tax […]