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Momnt Named a Best Place to Work in Atlanta in 2024 by Built In
ATLANTA--(BUSINESS WIRE)--Momnt, a leading fintech company specializing in real-time lending and payment solutions for businesses, is excited to announce they’ve been named a Best Place to Work in 2024 by Built In for the second year in a row. Specifically, Momnt earned a place on the Best Places to Work in Atlanta list and Best Midsize Places to Work in Atlanta list. “We are thrilled and honored to be recognized as one of the best places to work in both the overall and midsize categories in At
Robbins Geller Rudman & Dowd LLP Announces Proposed Settlement in the Home Point Capital Securities Litigation
SAN DIEGO--(BUSINESS WIRE)--The following statement is being issued by Robbins Geller Rudman & Dowd LLP regarding the Home Point Capital Securities Settlement: UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION In re HOME POINT CAPITAL INC. SECURITIES LITIGATION Civ No. 4:21-cv-11457-SDK-KGA Judge Shalina D. Kumar Magistrate Judge Kimberly G. Altman CLASS ACTION SUMMARY NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION TO: ALL PERSONS AND ENTITIES THAT PURCH
FundingShield Q4 2023 Fraud Analytics Show Record High Risk for Wire & Title Fraud
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--Wire and title fraud risk reached all time highs for Q4 2023. With 51.8% of loans in Q4 2023 having at least one risk issue. This is a ~5% rise from Q3 2023. Quarterly Data: During Q4 2023 51.8% percent of transactions on a $61bn portfolio had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.2 issues per loan indicating the lack of appropriate controls by closing agents to identify and fix issues. Q4 typically is the
FlexTrade Launches New Issue Management System in Consultation with Neuberger Berman
NEW YORK--(BUSINESS WIRE)--FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces a new offering for traders of public equity to plan, manage, and execute equity offerings via their new issue management system, FlexNIMS. By leveraging this all-in-one solution, global buy-side firms can reduce the time and risk involved with the new issue management process for IPOs, Follow-Ons, and Block Trades by managing the process from the deal evalua
Redfin Home Price Index: Prices Rose 0.4% in December—the Smallest Increase in Six Months
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices climbed 0.4% month over month in December—the smallest increase since June—according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. December represented the third straight month of slowing price growth. On a year-over-year basis, prices rose 6.6%. This is according to the Redfin Home Price Index (RHPI), which is similar to the S&P CoreLogic Case-Shiller Home Price Indices but publishes more
Summit Leadership Partners Hires New Partner, Private Equity
CHARLOTTE, N.C.--(BUSINESS WIRE)--Summit Leadership Partners, top consulting firm for private equity and the middle market, has hired Lisa Craven as Partner, Private Equity.
Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery
NEW YORK--(BUSINESS WIRE)-- #banking--Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery.
Bread Financial Names New Chief Technology Officer
COLUMBUS, Ohio--(BUSINESS WIRE)--Bread Financial™ (NYSE: BFH) today announced that Allegra Driscoll has been named executive vice president and chief technology officer.
Webster Reports Fourth Quarter 2023 EPS of $1.05; Adjusted EPS of $1.46
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation ("Webster") (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, today announced net income available to common stockholders of $181.2 million, or $1.05 per diluted share, for the quarter ended December 31, 2023, compared to $240.6 million, or $1.38 per diluted share, for the quarter ended December 31, 2022. Fourth quarter 2023 results include $94.7 million pre-tax ($69.3 million after tax), or $0.411
Minneapolis “Good Wins” Advertising Agency Preston Spire Named in Ad Age’s Best Places to Work 2024
MINNEAPOLIS--(BUSINESS WIRE)--Minneapolis advertising agency Preston Spire was named in Ad Age’s Best Places to Work 2024, recognized by employees for its culture and leadership.
One Real Title Strengthens its Presence in the Midwest
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--One Real Title expands in the Midwest, making its digital closing platform available in Michigan and Wisconsin.
Monomoy Acquires EnviroTech Services, a Founder-Owned, Value-Add Distributor of Road Surface and Maintenance Products
NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, announced today its acquisition of EnviroTech Services, Inc., a leading value-add distributor of road surface products and provider of road maintenance services headquartered in Greeley, Colo. Founded by Roger Knoph in 1989, Monomoy is the first institutional investor in the founder-owned business. EnviroTech delivers superior road and surface solut
Moody’s Analytics Taps Numerated to Deliver AI-powered, Commercial End-to-End Loan Origination System
BOSTON--(BUSINESS WIRE)--Numerated and Moody’s Analytics are collaborating to expand the end-to-end capabilities of Moody’s Analytics Lending Suite across all commercial and small business asset classes. The Lending Suite combines Moody’s Analytics unique data, analytics, and credit assessment capabilities with Numerated’s remarkable user experience and automation to provide a unified, robust solution for origination and portfolio management. Commercial lending, traditionally a bank's profit en
Insight Sourcing Celebrates a Strong 2023 with the Publication of its Annual Year-in-Review Report
ATLANTA--(BUSINESS WIRE)--Insight Sourcing has published its year-in-review report, which illustrates its strength during a year largely characterized by business uncertainty.
Pavilion Payments Funds Research and Grant Award for the International Center for Responsible Gaming
LAS VEGAS--(BUSINESS WIRE)--Pavilion Payments, the leading omnichannel payments provider exclusively serving the gaming industry, announced its support and contribution to the International Center for Responsible Gaming (ICRG). Pavilion Payments' funding will go towards a research initiative led by internationally recognized researcher and professor at Ottawa-based Carleton University, Dr. Michael J.A. Wohl, aimed at developing tools to foster responsible gambling practices. The primary objecti
Sunstone Partners Announces the Closing of the Sale of Thirdera, the Largest Independent Global Pure-Play ServiceNow Consultancy, to Cognizant
SAN MATEO, Calif.--(BUSINESS WIRE)--Sunstone Partners, a technology-focused growth equity firm, today announced the closing of the sale of its portfolio company, Thirdera, to Cognizant (Nasdaq: CTSH). Thirdera is an Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform, with a strong focus on emerging enterprise workflow products. Sunstone Partners created Thirdera in 2021 by merging three companies: Evergreen Systems, Ce
KCP Advisory Group joins with Altman and Company
BOSTON--(BUSINESS WIRE)--KCP Advisory Group, the restructuring and financial consulting organization that offers creative solutions nationally, announces its merger with Altman and Company LLC. The merger of KCP Advisory Group and Altman and Company creates a national consulting firm providing a wide range of services including: crisis and turnaround management, financial advisory, performance improvement, interim management, lender portfolio management advisory, forensic accounting and litigat
ModernFi Raises $18.7M Series A to Power Deposit Growth at Community and Regional Banks
NEW YORK--(BUSINESS WIRE)--ModernFi announced today that it has closed an $18.7 million Series A funding round to bring its tech-forward platform to community and regional banks to help them grow, retain, and manage their deposits. Led by Canapi Ventures, the Series A also had participation from Andreessen Horowitz, Remarkable Ventures, and leading banks Huntington National Bank, First Horizon, and Regions. This round adds to a $4.5 million seed round led by Andreessen Horowitz, bringing the co
Options Achieves Ultra-Low Latency Milestone with Full Deployment of JPX Layer 1 Offering
LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Achieves Ultra-Low Latency Milestone with Full Deployment of JPX Layer 1 Offering
Sia Partners announces the acquisition of Notion Consulting
NEW YORK,--(BUSINESS WIRE)--Sia Partners announces the acquisition of Notion Consulting. Reinforcing Transformation & Change capabilities on the East Coast in the United States.