Tag : Mortgage

401(k) Retirement Accounts Substantially More Costly than Pension Plans, According to New Analysis from the National Institute on Retirement Security
Banking Investment Services News

401(k) Retirement Accounts Substantially More Costly than Pension Plans, According to New Analysis from the National Institute on Retirement Security

Fintech News Desk
Economic Efficiencies Unique to Pensions Enable Plans to Deliver Retirement Benefits at Half the Cost of 401(k) Accounts, With Four-Fifths of the Cost Differential Occurring Post-Retirement A new analysis finds that defined benefit (DB) pension plans offer substantial cost advantages over 401(k)-style defined contribution (DC) accounts. A typical pension has......
Metaverse: The Next Blockchain or Augmented Reality?
Blockchain Cryptocurrency News

Metaverse: The Next Blockchain or Augmented Reality?

Fintech News Desk
Kinetic Financial evaluates current tech trends from a financial perspective. Consumers are increasingly engaging on video chats and thinking to themselves if “it could have been much easier as a phone call”? Especially when that video call involved a few people that have no idea how to use a computer,......
AlphaCredit - Update on Discussions With Ad Hoc Group Of Noteholders
Banking News

AlphaCredit – Update on Discussions With Ad Hoc Group Of Noteholders

Fintech News Desk
Alpha Holding S.A. de C.V. (“AlphaCredit” or the “Company”) executed a nondisclosure agreement (the “NDA”) with various members of an ad hoc group of holders (the “Ad Hoc Group”) of the USD$700 million in principal amount of the 10% Senior Notes Due 2022 and the 9% Senior Notes due 2025 issued......
Elements Global Services Doubles Revenue and Customer Growth in 2021, Supported By the Launch Of Two Cloud-Based Solutions
Fintech News Technology

Elements Global Services Doubles Revenue and Customer Growth in 2021, Supported By the Launch Of Two Cloud-Based Solutions

Fintech News Desk
Record-breaking growth was driven by Elements’ direct Employer of Record model and solutions, including the launch of GoGlobalGov and Venture Global. The HR technology firm is now operating in more than 160 countries, a 12% increase in its global footprint. Elements Global Services, a global HR technology firm and direct......
PNC Announces Redemption of Senior Bank Notes Due February 17, 2022 and Senior Notes Due March 8, 2022
Digital Asset Management Fintech News

PNC Announces Redemption of Senior Bank Notes Due February 17, 2022 and Senior Notes Due March 8, 2022

Fintech News Desk
The PNC Financial Services Group, Inc. announced the redemption of the following Senior Bank Notes and Senior Notes: Latest Fintech Insights: Aditum Alts Files Patent At Nexus Of Private Markets and Blockchain On Jan. 18, 2022, all outstanding Senior Bank Notes due Feb. 17, 2022 issued by PNC Bank, National Association in the amount......
Michael Edelman Named President of M&T Realty Capital Corporation
Banking Capital Markets News

Michael Edelman Named President of M&T Realty Capital Corporation

Fintech News Desk
In an expansion of its current leadership team, M&T Realty Capital Corporation (M&T RCC) today announced that Michael Edelman, previously Group Vice President, has been named President of the organization. In this new role, Edelman will report directly to M&T RCC CEO, Michael Berman, and will be responsible for external customer and......
ReadyWorks Secures $8M in Series A Funding Led By Credit Suisse Asset Management's NEXT Investors
Digital Asset Management Investment Services News

ReadyWorks Secures $8M in Series A Funding Led By Credit Suisse Asset Management’s NEXT Investors

Fintech News Desk
Company Accelerates Growth of its Digital Platform Conductor (DPC) Technology, Enabling Businesses to Transform IT Operations, Reduce Risk ReadyWorks, a digital platform conductor (DPC) that leverages AI and intelligent automation to reduce the risk and costs of IT infrastructure transformation, announced that it has closed $8 million in Series A financing......
VERMEG's COLLINE Collateral Suite Adds New Margin Analytics Capabilities From Cassini Systems
Banking Capital Markets News

VERMEG’s COLLINE Collateral Suite Adds New Margin Analytics Capabilities From Cassini Systems

Fintech News Desk
VERMEG, a specialized software house providing Banking, Capital Markets, Insurance and Digital solutions, and Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to assist financial institutions in complying with Initial Margin (IM) requirements for uncleared over-the-counter (OTC) derivatives, exchange-traded derivatives......
Canyon Partners, CJM and Hensel Phelps Invest In Multifamily Project Near Salt Lake City; Secure Construction Loan Led by CIBC Bank USA
Business Fintech Investment Services News

Canyon Partners, CJM and Hensel Phelps Invest In Multifamily Project Near Salt Lake City; Secure Construction Loan Led by CIBC Bank USA

Fintech News Desk
Canyon Partners, together with CJM Development Group (“CJM”) and Hensel Phelps Construction Co. (“Hensel Phelps“), announce a joint venture for the ground-up construction of a Class A, market-rate multifamily community located in Draper, a highly-desirable, rapidly-growing suburb of Salt Lake City. Canyon provided $23.7 million of preferred equity for this project, which also secured......
Milton Street Capital Expands Team
Capital Markets Fintech News

Milton Street Capital Expands Team

Fintech News Desk
Kendall Childers, Reid Shows, Paul Labanowski, and Kinga Lesinska add to Milton Street’s capabilities and functional expertise, increasing the firm’s deal capacity. Milton Street Capital, a Houston-based private equity firm, is pleased to announce four new hires made during 2021; Kendall Childers as a Vice President of Business Development, Reid Shows as an Associate, Paul Labanowski as......
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