EarnIn, a pioneer in Earned Wage Access (EWA) or on-demand pay, announced today the launch of $2.99 expedited transfers, known as Lightning Speed, positioning itself as a leader in low-cost EWA solutions. This new, affordable transfer option is available to…
XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT) (the “Trust”) has declared its regular monthly distribution of $0.085 per common share. This distribution will be payable on September 3, 2024, to shareholders on record as of August 15,…
New Mountain Finance Corporation (NASDAQ: NMFC), also known as “New Mountain” or the “Company,” has released its financial results for the second quarter ending June 30, 2024. Second Quarter Highlights: Financial Summary: Q2 2024 Q2 2023 Net Investment Income per…
LTIMindtree Expands Multi-Million Dollar Partnership with Absa Bank to Drive Digital Transformation LTIMindtree [NSE: LTIM, BSE: 540005], a global leader in technology consulting and digital solutions, has announced the extension of a multi-million dollar contract with Absa Bank, Africa’s leading…
KBRA has assigned preliminary ratings to four classes of BX 2024-BIO2, a single-borrower CMBS securitization. The transaction is backed by a $560.0 million portion of a $760.0 million non-recourse, first lien mortgage loan. This fixed-rate loan has a five-year term…
Kish Bancorp, Inc. Reports Strong Second Quarter and First Half 2024 Results Kish Bancorp, Inc. (OTCQX: KISB), parent company of Kish Bank, announced its financial results for the second quarter and first half of 2024. The company reported net income…
KBRA has assigned preliminary ratings to six classes of Bridge 2024-SFR1 single-family rental pass-through certificates. Bridge 2024-SFR1 is a single-borrower, single-family rental (SFR) securitization collateralized by a $265 million loan secured by first-priority mortgages on 1,130 income-producing single-family homes. The…
loanDepot, Inc. (NYSE: LDI), a leading provider of home lending solutions, has unveiled a new addition to its equityFREEDOM product suite aimed at empowering homeowners to manage their financial and homeownership goals more effectively. With Americans holding a record $32.7…
J.D. Power has introduced the Mobile App Platform Certification—BankingSM to recognize mobile app technology providers that deliver exceptional user experiences. This certification highlights the commitment of top technology providers to meet high consumer expectations in banking mobile apps. To qualify,…
Cross River Bank (“Cross River”), a technology infrastructure provider specializing in embedded financial solutions, and MassPay, a leading provider of business payment solutions, are expanding access to domestic instant payments. This collaboration aims to simplify complex real-time payment operations for…
The Accredited Standards Committee X9 Inc. (X9) has launched an initiative today aimed at standardizing the creation and efficient acceptance of virtual single-use purchase card accounts (SUA). This initiative seeks to streamline processes and reduce overhead costs for suppliers. SUAs…
Fifth Third has been named a Best Treasury and Cash Management Bank (US, Regional) by Global Finance magazine as part of its 24th annual Best Treasury and Cash Management Banks awards for 2024. “Transformation in treasury and cash management is…
