article thumbnail

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. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

article thumbnail

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.

Chicago 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FICO's National "Score A Better Future" Credit Education Program Reaches Milestone

FICO

We recently announced our milestone 15th financial education event of this national program and we couldn’t be prouder of how much the program expanded in the last two years. In a collective post-event survey, 94% of attendees said that the event gave them the tools they needed to manage their finances better in the future.

article thumbnail

CECL is a hot topic at Sageworks Risk Management Summit

Abrigo

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. Some meeting participants, however, expressed skepticism that this timing would hold true.

article thumbnail

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.

Company 110
article thumbnail

Private Equity Firm Thoma Bravo Acquires UK’s Sophos For $3.8B

PYMNTS

s National Health Service as well as to 400,000 businesses worldwide, including Pixar, Ford and Toshiba. Chicago-based Thoma Bravo has acquired over 200 technology firms during its 40-year history. The company’s stock had dropped 27 percent, its lowest point in almost two years, after a rough 2018. assets in the past few years.”.

article thumbnail

Groupon Teams Up With Redeam To Expand Worldwide Experiences

PYMNTS

The attraction and activity operators it serves include Walt Disney World, BigBus Tours, Boston Harbor Cruises, National Geographic Encounter: Ocean Odyssey and the Intrepid Sea, Air & Space Museum. Groupon, founded in 2008 in Chicago, is a digital marketplace where people can get discounts on things to do, see, eat and buy.

Boston 130