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KBRA Credit Profile Releases CREFC June Conference 2025: Day 3 Recap
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its Day 3 recap of the Commercial Real Estate Finance Council (CREFC) June Conference 2025. Key Takeaways Labor cost inflation remains a major development obstacle, particularly as stricter immigration enforcement contributes to staffing shortages and project delays. Rising operating expenses are prompting CRE owners to defer nonessential capital improvements, especially in multifamily, to protect cash
Cancun Hotel Found Liable for 2021 Death of Arlington Firefighter
FORT WORTH, Texas--(BUSINESS WIRE)--A Tarrant County jury has returned a $31.175 million verdict against the ownership and management companies of the Royalton Chic resort in Cancun, finding the property negligent for the death of 35-year-old Arlington firefighter Elijah Snow in 2021. According to the lawsuit filed in 2022 by his widow, Jamie, Snow’s body was discovered stuck in a small window at a neighboring property in the region’s luxury hotel zone with “considerable” bruises, cuts and scra
Figure Technology Solutions Achieves Industry First with S&P AAA Ratings for Blockchain Assets
NEW YORK--(BUSINESS WIRE)--Figure Technology Solutions (“Figure”), a technology platform powering an efficient, liquid, blockchain-based marketplace for financial products, today announced its latest securitization of mortgage assets totaling $355 million. This transaction, FIGRE 2025-HE3, is a landmark achievement as the first of its kind to receive ratings from S&P Global Ratings across all six bond classes, ranging from AAA to B-. “This milestone is a significant validation of both our a
Udemy Launches New AI Fluency Packages to Accelerate Workforce Transformation
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading AI-powered skills development platform, today announced a suite of new AI Packages designed to help organizations and professionals develop AI fluency. The new packages provide end-to-end skills development to accelerate an organization’s AI transformation, underscoring Udemy’s position as a trusted upskilling and reskilling partner to nearly 80 million learners and more than 17,000 organizations across the globe. “At Udemy, we bel
Applications are Open Now for the CalAssist Mortgage Fund
SACRAMENTO, Calif.--(BUSINESS WIRE)--Applications for the CalAssist Mortgage Fund are now open to California homeowners impacted by recent disasters. The State of California’s new $105 million mortgage relief fund is administered by the California Housing Finance Agency (CalHFA) and will provide three months of mortgage payments, up to $20,000, to eligible homeowners. Low- to middle-income households may qualify if they are currently displaced from their home that was destroyed or left uninhabi
Alorica Named CMP Research Best of the Best for Employee Experience at Largest CX Industry Event of the Year
IRVINE, Calif.--(BUSINESS WIRE)-- #alorica--Alorica wins CMP Research's Best of the Best Employee Experience at CCW Excellence Awards
Snappt to Launch AI-Enabled Verification of Rent Powered by Trigo to Combat Fraud and Improve NOI
LAS VEGAS--(BUSINESS WIRE)--Snappt, the leading platform for applicant trust in multifamily housing, today announced at NAA Apartmentalize the upcoming addition of Verification of Rent (VOR) powered by Trigo. In addition to VOR, Snappt is expanding its platform with enhanced Verification of Assets (VOA) and bank account linking—now supported by a new partnership with Mastercard’s open banking platform, delivered by Finicity. These enhancements are part of Snappt’s expanded Applicant Trust Platf
Mobile First, Security Always: Millennials Reshape Payment Landscape, PXP Survey Reveals
LONDON--(BUSINESS WIRE)--New research from PXP shows that millennials embrace digital wallets while prioritising security across retail, travel, and entertainment sectors.
Synovus expands presence in Florida with new talent
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth in Florida by adding new relationship managers in commercial and middle market banking and wealth services.
IndiCue Launches Comprehensive CTV Engagement Platform, Partners with Cineverse to Transform Connected TV Control
DENVER--(BUSINESS WIRE)--IndiCue today announced the launch of its comprehensive CTV Engagement Platform, designed to give publishers complete control over their connected television stack. The platform combines cutting-edge server-side ad insertion (SSAI) technology with advanced monetization solutions and independent ad serving capabilities. The company also announced a strategic partnership with Cineverse to power their innovative C360 audience platform, demonstrating how IndiCue's technolog
GK Digital Ventures to Launch “The Global Game: The Future of Soccer, Tech & Media Summit” Adjacent to FIFA Club World Cup™ Final
NEWARK, N.J.--(BUSINESS WIRE)--GK Digital Ventures to Launch “The Global Game: The Future of Soccer, Tech & Media Summit” adjacent to FIFA Club World Cup™ Final
ProShares Launches First ETFs to Target 2x and -2x Daily Returns of Nasdaq-100 Mega Index
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, the world’s largest provider of leveraged and inverse ETFs, expands its lineup with products investing in top Nasdaq-100 companies.
Wendell Jisa, Founder & CEO of Reveal, Wins EY Entrepreneur Of The Year® 2025 Award
CHICAGO--(BUSINESS WIRE)--Reveal, the global provider of dual eDiscovery and investigation platforms powered by a single, unified AI engine, proudly announces that its Founder and CEO, Wendell Jisa, has been named a 2025 EY Entrepreneur Of The Year® Midwest Award winner—one of the most prestigious recognitions in business leadership and innovation. The award celebrates Jisa’s extraordinary journey from startup founder to industry disruptor. His vision: to modernize the legal industry by making
Morning Brew Inc. Taps Iterable to Scale Newsletter Growth, Driving 15K+ New Subscriptions and $100K in Savings
SAN FRANCISCO--(BUSINESS WIRE)-- #Iterable--Morning Brew Inc. leveraged Iterable to drive 15K+ new subscriptions and save $100K with AI-powered personalization and predictive insights.
CFP Board Appoints Barry Gersten as Head Technology Officer
WASHINGTON--(BUSINESS WIRE)--CFP Board today announced the appointment of Barry S. Gersten as its Head Technology Officer. Gersten will oversee CFP Board’s information technology and digital initiatives. As Head Technology Officer, Gersten plays a critical role in shaping the technology vision and aligning information technology (IT) capabilities with the organization’s mission, strategic objectives and operational needs. He also provides leadership in evaluating the utility of emerging technol
AM Best Downgrades Credit Ratings of Kentucky Farm Bureau Group Member
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of Kentucky Farm Bureau Mutual Insurance Company (KFB Mutual) (Louisville, KY), which is a member of Kentucky Farm Bureau Group. The outlook of these Credit Ratings (ratings) has been revised to stable from negative. The ratings reflect KFB Mutual’s balance sheet strength, which AM Best assesses
Volantis Unveils Photonic Compute Platform for the AI Era; Raises $9M in Seed Round With Alex Wang, Trevor Blackwell, and Others
SAN MATEO, Calif.--(BUSINESS WIRE)--Volantis unveils photonic compute platform for the AI era and announces $9M in seed funding from Alex Wang, Trevor Blackwell, and others.
Andersen Consulting Adds Sidat Hyder Morshed to Platform Through Collaboration Agreement
SAN FRANCISCO--(BUSINESS WIRE)-- #SidatHyder--Andersen Consulting enters into a Collaboration Agreement with Sidat Hyder Morshed Associates (Sidat Hyder).
DiligentIQ Announces Name Change to ToltIQ
NEW YORK--(BUSINESS WIRE)--AI due diligence leader DiligentIQ changes name to ToltIQ reflecting its strategic positioning and productivity gains up to 85% for investment teams.
Citizens Launches New Suite of Mastercard Credit Cards Designed to Meet the Evolving Needs of Every Customer
PROVIDENCE, R.I.--(BUSINESS WIRE)--As part of its commitment to empowering customers at every stage of their financial journey, Citizens has launched a new suite of Mastercard credit cards designed to address the distinct financial needs and preferences of today’s consumers. Built on years of customers' insights and feedback, the new credit cards offer tailored features that range from establishing credit to maximizing rewards and lifestyle benefits. As customers grow in financial experience an