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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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Apple Snaps Up Startup With Device Management Platform

PYMNTS

Fleetsmith , a startup that has built a platform enabling corporate IT crews to manage Apple devices, has been acquired by the tech giant, the company’s founders confirmed in a blog post. Launched in 2016, Fleetsmith created a platform that IT departments can use to remotely set up and manage Apple devices.

Apple 159
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Amazon Launches Wi-Fi Security Subscriptions

PYMNTS

Amazon is rolling out new subscriptions for eero , the security service that it acquired last year. Founded in San Francisco in 2014, eero’s systems blanket every room of a customer’s home using high-performing, reliable Wi-Fi. eero Secure is available for $2.99 per year, while eero Secure+ is available for $9.99

Security 148
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Fintech Funding: Arc secures $20M series A

BankInovation

Fintech Arc announced Wednesday that it has secured $20 million in a series A funding round. The San Francisco-based startup’s platform gives software-as-a-service startups access to upfront capital and provides a cash management account to store and spend funds.

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Amazon Launches Secrets Manager For Passwords

PYMNTS

Amazon Web Services (AWS) has announced the launch of Secrets Manager , which will be used to safely store important company information, including passwords. Managing application secrets like database credentials, passwords or API keys is easy when you’re working locally with one machine and one application.

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Federal, State Investigators Question Wells Fargo Over PPP Loans

PYMNTS

Federal and state officials are investigating Wells Fargo regarding the bank’s management of Paycheck Protection Program (PPP) loans. The San Francisco-based bank started processing applications for PPP loans on April 4, a day after the program opened. Wells Fargo also faces a second class-action suit, initiated by BSJA, Inc.

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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189