JPMorgan Chase Deepens Investment in Baltimore with Multimillion-Dollar Philanthropic Fund
JPMorgan Chase has unveiled an $8.45 million philanthropic commitment to support nonprofit organizations and programs throughout Baltimore. This funding aims to bolster economic and community development, specifically addressing residential vacancies to stabilize housing supply and promote affordable homeownership, revitalizing commercial…
Northern Trust Asset Management Appoints New Head of Global ETFs and Funds
Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, announced today the appointment of David Abner as Head of Global ETFs and Funds. “David is a…
AM Best Reaffirms Credit Ratings for National General Insurance Company (P.J.S.C.)
AM Best has reaffirmed National General Insurance Company (P.J.S.C.)’s Financial Strength Rating of A- (Excellent) and its Long-Term Issuer Credit Rating of “a-” (Excellent) with a stable outlook. These ratings reflect NGI’s robust balance sheet strength, assessed by AM Best…
KBRA Rates City of Detroit Downtown Development Authority Tax Increment Revenue Refunding Bonds
KBRA has assigned a long-term rating of A with a Stable Outlook to the City of Detroit Downtown Development Authority Tax Increment Revenue Refunding Bonds, Series 2024 (Catalyst Development Project). Concurrently, KBRA has placed the outstanding long-term rating assigned to…
New TNS eBook: Financial Institutions Embrace Digital Transformation to Safeguard Customers Against Robocall Scams
Transaction Network Services (TNS) has unveiled its latest eBook titled “Digital Transformation Trends for Financial Services Contact Centers”, focusing on the evolution of financial services contact centers and their strategies to fortify the voice channel against emerging threats. The financial…
NewPoint Sponsors $13.3 Million Fund for Tax-Exempt Bond Financing in Affordable Housing, Washington D.C.
NewPoint Impact Fund I has facilitated $13.3 million in 501(c)(3) bond financing to support the acquisition, rehabilitation, and recapitalization of Ridgecrest Apartments Phase II, a 128-unit affordable housing community located in southeast Washington D.C.’s Anacostia submarket. The borrower, The NHP…
Glassbox Study Reveals Key Consumer Preferences in Digital Banking and AI Integration
Glassbox, a leading provider of AI-driven customer intelligence solutions, has released a comprehensive report revealing key insights into consumer preferences in digital banking for 2024. Titled “The State of Digital Banking 2024,” the report delves into what matters most to…
InvoiceCloud Unveils New Payments Report: Insights Into Bill Payers’ Digital Reluctance
InvoiceCloud, a prominent provider of digital bill payment solutions, has published a new online payments report in collaboration with a third-party research firm. This report provides valuable insights into the payment preferences and behaviors of digitally reluctant bill payers. The…
Latin America Prepaid Card and Digital Wallet Market to Reach $109.38 Billion by 2028
The “Latin America Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2024 Update” report from ResearchAndMarkets.com highlights the robust growth of Latin America’s prepaid card…
Pathward Research Highlights the Challenges Executives Encounter in Delivering Embedded Finance Solutions
Pathward has unveiled new research that sheds light on the intricate balancing act executives face while implementing embedded finance solutions. As the demand for seamless financial services integration continues to rise, executives are navigating complex challenges to deliver these innovative…
Nymbus Appoints Nate Whaley as Chief Revenue Officer to Drive Growth and Sales Success
Nymbus is pleased to announce the appointment of Nate Whaley as Chief Revenue Officer. With this strategic addition, Nymbus aims to further accelerate its growth and enhance its sales success. Nate Whaley brings a wealth of experience and a proven…
J.D. Power Finds Customer Satisfaction with Bank and Credit Card Apps Stagnates Amid Growing Competition in Canada
Despite an increasing number of customers interacting with their banks and credit card providers via mobile apps and websites in Canada—and continuous investments in enhancing the user experience of these digital channels—customer satisfaction with these tools is not improving. According…