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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters.

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Tech Center: Chicago On Deck

PYMNTS

Chicago is more than just the place the Chicago Cubs and Bulls call home. Bubbling under the surface of Chicago lies an up-and-coming tech center. Given that many large cities in the United States have increasingly become places for tech startups, it’s natural to see Chicago as one of the next tech centers.

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A fund for diverse tech companies

Independent Banker

First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the Pittsburgh community and beyond. Driven by her goal to cultivate a supportive community for diverse tech startups, Kelauni Jasmyn founded the fiscally sponsored nonprofit Black Tech Nation in Pittsburgh in 2018.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

PYMNTS

One Medical is backed by technology and management firm 1Life Healthcare and will trade under the symbol “ONEM.” Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 Amir Rubin, a former UnitedHealth group executive, succeeded Lee.

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Built In Job Search Tool Gets $22M For Expansion, Development

PYMNTS

The company will use the funding to double its headcount at its Chicago headquarters, as well as expand its national footprint over the next 12 months. When we first invested in Built In in 2015, they were a small team with a very big vision,” added Troy Henikoff, managing director of MATH Venture Partners. “It

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On-Demand Payroll Leads B2B FinTech Funding

PYMNTS

Chicago’s Leaf Trade saw $4.5 According to reports , Kaszek Ventures led the funding, while Ribbit Capital also participated. According to Cora, SMBs are underserved by traditional lenders in Brazil despite accounting for two-thirds of the nation’s GDP. Leaf Trade. based uncapped has announced $13.16

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