KBRA has preliminarily rated two classes of notes from Zaxby’s Funding LLC, Series 2024-1 (Zaxby’s 2024-1 or Series 2024-1 Notes), a whole business securitization (WBS). These ratings are part of our assessment alongside the issuance of Series 2024-1, and we…
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…
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…
To bolster Hong Kong’s ambitious tourism and commerce initiatives, Alipay+ has expanded its services to allow users of 14 prominent overseas mobile wallets and bank apps from 9 countries and regions to conduct seamless payments within Hong Kong using their…
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…
Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $6.4 million for the first quarter of 2024, or $0.32 per diluted common share, compared to a net loss of $14.8 million, or ($0.73) per diluted common share,…
PennyMac Financial Services, Inc. (NYSE: PFSI) announced a net income of $39.3 million for Q1 2024, translating to $0.74 per share on a diluted basis, with revenue reaching $305.7 million. Notably, the book value per share dropped to $70.13 from…
TabaPay, a leading financial services company, has made headlines with its recent announcement of acquiring the assets of Synapse Financial Technologies, Inc. This strategic move marks a significant development in the fintech industry, signaling TabaPay’s commitment to expansion and innovation.…
UBS Wealth Management USA has announced the appointment of Christopher Toregas CFP® as a Managing Director and Senior Portfolio Manager at the Century City office. Christopher and his team are joining the Los Angeles Market, led by Market Executive Lauren…
Leading Prime of Prime liquidity provider, B2Broker, remains committed to excellence, continually attentive to customer needs to equip them with top-notch tools for attracting more end-users and gaining a competitive edge in the industry. In line with this commitment, B2Broker…
First Trust Advisors L.P. (“FTA”) has announced that the special shareholder meeting of First Trust Specialty Finance and Financial Opportunities Fund (NYSE: FGB) (the “Fund”), initially convened on April 18, 2024, has been adjourned. This decision allows for further solicitation…
Summit Financial Holdings, a trusted architect of advisor success and client satisfaction for over four decades, has unveiled significant enhancements to its private markets offering. This refined approach is meticulously designed to arm advisors with institutional-quality resources, merging the bespoke…
