PYMNTS
SEPTEMBER 12, 2016
Justice Department has created a team to conduct a threat analysis on the security risks of self-driving cars. The government team’s focus is to secure the Internet of Things (IoT), including self-driving cars, internet-connected devices and medical equipment. Fiat has been proactive in this regard by recalling almost 1.5
PYMNTS
JULY 28, 2020
Detroit-based Rocket Companies, which owns the Dan Gilbert -founded company Rocket Mortgage , is seeking an initial public offering (IPO) for $3.3 The company is offering 150 million shares for $20 to $22 each, according to the Tuesday (July 28) filing with the Securities and Exchange Commission (SEC), Bloomberg wrote.
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PYMNTS
MARCH 14, 2017
Reports Monday (March 13) said Autobooks secured $5.5 The new funding also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, the company said, adding that the round follows its self-funded $2 million in seed financing. “We million in Series A financing led by Draper Triangle.
PYMNTS
SEPTEMBER 22, 2020
The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.
PYMNTS
OCTOBER 28, 2019
Such services are gaining ground at sports venues, too, with teams such as the Detroit Lions rolling out options that help fans skip long lines and avoid missing big plays. The app has thus far relied on its payment processor to keep customers’ data secure and flag potentially risky transactions, which the platform can verify in-house.
PYMNTS
MARCH 7, 2019
Bloomscape is a national service that delivers anything of any size to anywhere in the U.S., The plants, he said, start their lives in Florida before being shipped as “teenagers” to Bloomscape’s greenhouses (located just outside Detroit) where they are repotted and incubated to maturity. There are other services in the the U.S.
American Banker
NOVEMBER 21, 2016
Ally Financial in Detroit has agreed to pay $52 million to settle probes and claims related to its role as the underwriter for subprime mortgage backed securities in 2006 and 2007.
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