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…
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. (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…
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…
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.…
