Category Finance

Focus Unveils Major Transaction: Buckingham Strategic Wealth and The Colony Group to Merge

Focus Financial Partners Inc. (“Focus”), a prominent partnership comprising fiduciary wealth management and related financial services firms, disclosed today during its semi-annual partners meeting that it is in advanced negotiations to finalize an agreement whereby Focus partner firm Buckingham Strategic…

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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…

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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…

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Kyriba Study Reveals Corporate Liquidity Surges to $3.5 Trillion, Marking an Annual Rise of $180 Billion

Kyriba, renowned for its expertise in enhancing liquidity performance globally, has introduced the pioneering Corporate Liquidity Performance Report. The report unveils a significant surge in corporate liquidity, reaching nearly $3.5 trillion by the close of 2023, marking a notable year-over-year…

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MOBILEMONEY’s Reverse ATM Kiosks Utilize Usio’s Card Issuing Platform to Issue Hundreds of Thousands of Cards at Cashless Venues and Events

Usio, Inc., a leading FinTech enterprise renowned for its comprehensive, cloud-based payment platform facilitating integrated acceptance and card issuing solutions, has shared an update regarding its collaboration with MOBILEMONEY, a trailblazer in the mobile financial services domain. MOBILEMONEY specializes in…

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KBRA Provides Commentary on Amendment to Moment Technologies Trust 2023-1

A home improvement loan ABS transaction underwent an amendment permitting the inclusion of approximately $8.09 million in additional collateral (“Additional Collateral”) into the Trust. Momnt Technologies Inc. (“Momnt” or the “Company”), established in 2019 and headquartered in Atlanta, GA, is…

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