Federal Reserve Reports: Growing Adoption of Faster and Instant Payment Services by U.S. Businesses and Consumers
The latest studies from Federal Reserve Financial Services reveal a rapid surge in the adoption of digital, faster, and instant payment services among U.S. businesses and consumers. Particularly noteworthy is the significant growth in the use of digital wallets, with…
Intercontinental Exchange, Inc. Begins Private Exchange Offer for Black Knight InfoServ LLC’s 3.625% Senior Notes due 2028
Intercontinental Exchange, Inc. (NYSE: ICE) (“ICE”) announced today that it is commencing a private exchange offer (the “Exchange Offer”) with respect to the outstanding 3.625% Senior Notes due 2028 (the “BK Notes”) issued by Black Knight InfoServ, LLC, a wholly…
Northern Trust Wins Best Private Bank in U.S. for Digital Wealth Planning, Named U.S. Digital Innovator of the Year
Northern Trust, a prominent provider of wealth management services, has been awarded two prestigious titles by the Financial Times and PWM’s Wealth Tech Awards: Best Private Bank in the US for Digital Wealth Planning and Best Digital Innovator of the…
AM Best Affirms Credit Ratings of Builders Mutual Insurance Group Members; Revises Issuer Credit Rating Outlook to Negative
AM Best Revises Outlook for Builders Mutual Insurance Group to Negative; Affirms Excellent Credit Ratings AM Best has adjusted the outlook for the Long-Term Issuer Credit Rating (Long-Term ICR) from stable to negative while affirming the Financial Strength Rating (FSR)…
Rubric Capital Responds to Xperi’s Investor Presentation: Stands by Stockholders Amid Alleged Misrepresentation
Highlights Xperi’s Alleged Efforts to Conceal Dilution as Misleading Encourages Stockholders to Support Rubric’s Nominees Thomas A. Lacey and Deborah S. Conrad by Voting on the WHITE Proxy Card” Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds…
Gateway Recognized Among Top Mortgage Lenders by Mortgage Executive Magazin
Gateway Mortgage, a division of Gateway First Bank, is proud to announce that it has been named to the Top 50 Mortgage Companies in America 2023, published by Mortgage Executive Magazine. Gateway ranks number 30 based on total yearly mortgage…
Industry Veteran Ryan Shanks Appointed as Chief Growth Officer at Apollon Holdings
Ryan Shanks Joins Apollon Holdings as Chief Growth Officer for Apollon Wealth Management” Apollon Holdings, a prominent wealth management firm that nearly doubled its assets to over $6 billion under management in 2023, proudly announces the appointment of Ryan Shanks…
April 2024 Fiserv Small Business Index™ Reveals Growth in Sales for Retail and Service Businesses, Discretionary Spending Slows
Fiserv, a leading global provider of payments and financial services technology, has recently released the Fiserv Small Business Index™ for April 2024. This index serves as a key indicator of small business performance across the United States on national, state,…
First Quarter 2024 Results Unveiled by Investors Title Company
Investors Title Company (Nasdaq: ITIC) today announced results for the quarter ended March 31, 2024. The Company reported net income of $4.5 million, or $2.40 per diluted share, compared with net income of $1.2 million, or $0.62 per diluted share,…
iLien ResiFixture™ by Wolters Kluwer: Making Strides in Safeguarding Residential Fixture Collateral Interests
Wolters Kluwer Compliance Solutions has introduced iLien ResiFixture™, marking a significant stride in assisting lenders in safeguarding their interests for loans linked to fixtures physically attached to residential properties. “iLien ResiFixture provides residential lenders a simpler path to securing their…
Elevate 2024: Bankjoy’s Biggest Client Conference Yet
Bankjoy, a leading digital banking provider, recently hosted its annual client conference at Elevate 2024. The event took place from April 17-19 at the Silverado Resort in Napa, California, attracting executives from financial institutions across the United States, including banks,…
Volta Secures $4.1 Million in Seed Funding Round
Volta is revolutionizing the digital asset landscape with the launch of Volta Circuit, an innovative multi-signature, non-custodial platform that has secured $4.1 million in seed funding from Fika Ventures and Haven Ventures, with additional backing from Soma Capital, Dispersion Capital,…