Search Results for: commercial

CMBS Delinquency Rate Maintains Downward Trend in November
Banking News

CMBS Delinquency Rate Maintains Downward Trend in November

Fintech News Desk
The Trepp CMBS Delinquency Rate Fell Sharply in November as the Index Hit Another Post-Crisis Low. Trepp, LLC, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its November 2019 US CMBS Delinquency Report. The Trepp CMBS Delinquency Rate......
BB&T and Suntrust Complete Merger of Equals to Become Truist
Banking News

BB&T and Suntrust Complete Merger of Equals to Become Truist

Fintech News Desk
Clients to Be Served Through the BB&T and Suntrust Brands Until Conversion Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc., effective Dec. 6, 2019. Truist is the sixth largest US commercial bank, serving approximately 10 million consumer households and a......
Eastern Union Launches 'Pooled Loan' Division
Business Fintech News

Eastern Union Launches ‘Pooled Loan’ Division

Fintech News Desk
Lenders Will Offer Lower Interest Rates to Borrowers Who Purchase as a Group Eastern Union, one of the country’s leading commercial real estate finance firms, has launched a Pooled Loan division that will deliver below-market interest rates for borrowers. Borrowers will be rewarded with the discounted rates by pooling multiple......
CIT Serves as Sole Lender on $35 Million Financing for Icelandair
Business Fintech News

CIT Serves as Sole Lender on $35 Million Financing for Icelandair

Fintech News Desk
CIT Group Inc.  announced that its Aviation Lending business, part of its Commercial Finance division, served as sole lender and facility agent on a $35 million secured financing for Icelandair Group, the national carrier of Iceland. “We were pleased to work with CIT on securing this financing that further strengthens the financial position of Icelandair Group and......
Behalf Joins the Amazon Web Services (AWS) Partner Network Global Startup Program
Fintech Startups News

Behalf Joins the Amazon Web Services (AWS) Partner Network Global Startup Program

Fintech News Desk
Recognition Highlights Behalf’s Technical Proficiency and Proven Customer Success in the Financial Services Industry  Behalf, a leading automated solution for on-demand b2b invoice financing, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN) Global Startup Program and has achieved AWS Financial Services Competency status. The APN......
Farmer Mac Names Aparna Ramesh as EVP - Chief Financial Officer and Treasurer
Banking Fintech Funding News

Farmer Mac Names Aparna Ramesh as EVP – Chief Financial Officer and Treasurer

Fintech News Desk
The Federal Agricultural Mortgage Corporation , the nation’s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ms. Ramesh joins Farmer Mac with......
SpaceChain Advances ERC-20 SPC Token with Decentralized Finance Capabilities to Unlock New Possibilities in Financial Services
Blockchain News

SpaceChain Sends Blockchain Technology to the International Space Station

Fintech News Desk
Mission Advances SpaceChain’s Vision of an Open-Source Blockchain-Based Satellite Network SpaceChain announced that its blockchain hardware wallet technology is on its way to the International Space Station (ISS), aboard a SpaceX Falcon 9 rocket as part of today’s CRS-19 commercial resupply service mission. This is the first technology demonstration of  blockchain hardware on......
Personetics Joins the AWS Partner Network Global Startup Program
Banking News Trading

Personetics Joins the AWS Partner Network Global Startup Program

Fintech News Desk
Personetics, a leading provider of AI-powered personalization and customer financial wellness solutions used by some of the world’s top banks, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN) Global Startup Program. The APN Global Startup is a unique “white glove” support and go-to-market (GTM) program......
Nancy Shanik Joins Black Knight Board of Directors
Uncategorized

Nancy Shanik Joins Black Knight Board of Directors

Fintech News Desk
Financial Services Industry Veteran Brings Decades of Experience Black Knight, Inc. , a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced that Nancy L. Shanik has been elected to serve on the company’s Board of Directors. “We are extremely proud to have Nancy......
Visa and Marqeta Offer Fintechs a Path to Growth in the World’s Fastest Growing Digital Payments Landscape
Digital Payments News

Visa and Marqeta Offer Fintechs a Path to Growth in the World’s Fastest Growing Digital Payments Landscape

Fintech News Desk
Marqeta expansion radically simplifies the process of launching digital card programs across 10 markets in Asia Pacific Visa, the world’s leader in digital payments, and Marqeta, the modern card issuing platform, announced a platform collaboration intended to ease global expansion for multi-national card programs. The project plans to provide a......
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