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

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NYC Taxi Commission Accused Of $810 Million Fraud

PYMNTS

New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb.

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Barneys Looks Into Bankruptcy Amid Rent Increase

PYMNTS

With a liquidity crunch brought on by a rise in rent at its flagship in New York City, Barneys New York is reportedly preparing for a bankruptcy filing. According to previous reports from the outlet, that nearly wiped out earnings prior to tax, interest, amortization and depreciation.

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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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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Secure messaging for financial services. HQ: New York City. Expense management solutions for small businesses. HQ: New York City. 401(k) management. HQ: Oklahoma City. Using the blockchain for managing records. Total raised: $600 million. Source: Finovate. Xpenditure.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: New York City. HQ: New York City. Lien rights management. HQ: New Oreans, Louisiana. Digital rights management platform on the blockchain. Source: Crunchbase. Cumulus Funding. Personal loans repaid by share of income. Latest round: $31 million ($6 mil Equity, $25 mil Debt).

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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

HQ: New York City. Digital wealth management platform. Employee expense reporting management. HQ: New York City. Mobile payments & personal financial management. Tax filing portal. Total raised: $754 million ($78.6 million Equity, $675 million Debt). Source: Crunchbase.

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