Growing Number of Financial Institutions Now Leveraging Commercial Property Loan Insurance to Better Mitigate Risk and Drive Profitability in CRE Lending

Fintech

LGIS Group (LGIS), the pioneer of Commercial Property Loan Insurance (CPLI) for the commercial real estate (CRE) lending industry, today announced that a leading bank in Alabama will now accept LGIS’s commercial real estate property insurance (CPLI) in lieu of personal guarantees and liquidity requirements for its commercial real estate (CRE) loans. The bank will consider reviewing loans supported with CPLI on commercial projects for loan sizes up to approximately $20 million, covering all basic property types for its customers in the Southeast.

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Allstar Financial Group Bolsters Corporate Social Responsibility Program With New Community-Focused Initiative

Fintech

In preparation for the 10th anniversary of its non-profit, the Allstar Charitable Foundation, Allstar Financial Group (AFG), a leading provider of commercial and personal insurance solutions, deepens its commitment to the communities it serves by introducing ‘Allstar in the Community.’ The new initiative is a quarterly program that encourages the company’s more than 250 employees to volunteer and support organizations making a difference in their neighborhoods.

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Alogent Processes Nearly 7-Million Mobile Transactions in the U.K., Giving Customers a Choice of how to Engage with their Financial Institution

Fintech

Alogent (www.alogent.com), a global banking and financial software leader, serving banks, credit unions and building societies in the United States and United Kingdom, today announced it has processed nearly 7-million mobile transactions in the U.K., supporting the country’s mandated Image Clearing System (ICS), which requires all cheques now be cleared through an image-based process.

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Travel payments reach ‘tipping point’ as alternative methods surpass cards and cash

Fintech

Travelers now choose to pay for digital travel with alternative methods more often than cards and cash combined, accounting for 51% of global travel e-Commerce spend.

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New LGIS/Harris Poll Study Reveals Nearly 4 in 5 CRE Developers Would Prefer Working With Banks That Offer Non-Recourse Repayment Options

Corporate Development | Fintech

A recent study commissioned by LGIS Group (LGIS – https://www.lgisgroup.com) revealed that, when selecting a financial institution to use for a commercial real estate (CRE) loan, 79 percent of U.S. CRE developers would be more likely to choose a bank that offered a non-recourse repayment over one that did not.

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PKM Partner David Wood Named Banking CPAs Member of the Year by Rainmaker Companies

Corporate Development | Fintech

Porter Keadle Moore (PKM – https://www.pkm.com/), an accounting and advisory firm serving public and private organizations in the financial services, technology and small business industries, announced today that Partner David Wood has been named “Banking CPAs Member of the Year” at the recent 2019 Rainmaker SuperConference.

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ConnexPay Receives Series A Funding of $7 Million

Fintech

ConnexPay, a payment provider changing the way travel intermediaries do business, announced today that it has raised a Series A funding round of $7 million led by BIP Capital, one of the Southeast’s most active venture investors. ConnexPay works by seamlessly matching payments from travel buyers to travel suppliers in real-time.

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PDI Acquires CStorePro, Providing Single-Store Operators Software to Run and Grow Their Business

Fintech | Supply Chain, Logistics & Manufacturing

PDI, a global company with leading enterprise software solutions serving the convenience retail, petroleum wholesale and logistics industries, has acquired CStorePro Technologies Inc., a provider of simple, self-provisioning and cost-effective mobile software designed to give single-store operators centralized visibility into sales, pricing and promotional data with real-time dashboards.

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PPRO names Robert Schwegler as new Chief Technology Officer

Corporate Development | Fintech

Cross-border payment specialists, PPRO, has announced, Robert Schwegler as the new Chief Technology Officer (CTO), as of 1st May, to further strengthen the PPRO Management Team.

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Alogent Named Among the 40 Fastest Growing Companies in Georgia

Fintech

Alogent, a global leader in providing banks and credit unions with deposit automation, item processing, enterprise information management, and digital banking solutions, today announced today it has been named to the Georgia Fast 40.

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PPRO and HighRadius Partner to Expand B2B Payment Options for Global Clients

Fintech

PPRO, a leading global e-payments specialist, has partnered with HighRadius, a fintech enterprise Software-as-a-Service company specializing in automating the order-to-cash and treasury management processes, to offer merchant clients a faster and easier way and more options to accept payments from their buyers.

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Linn Area Credit Union Selects Alogent to Replace Legacy Solutions and Implements a Single and Consolidated Payments Ecosystem

Fintech

Alogent, an innovator in end-to-end enterprise payment processing, content management, and digital banking solutions for financial institutions, announced today that Linn Area Credit Union, a full-service financial organization with branches in Cedar Rapids and Marion, Iowa, has replaced its legacy solutions with Alogent’s ImagePoint suite of solutions, in an effort to deploy a more cohesive and efficient ecosystem with less check fraud.

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FinTech South Announces National Leaders To Keynote Largest Fintech Event In Southeast

Fintech

FinTech South, the Southeast’s largest event dedicated to financial innovation and technology, will host three globally renowned keynote speakers at the April 22-23 event at Mercedes-Benz Stadium in Atlanta, hosted by the Technology Association of Georgia (TAG).

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MyBusiness by Alogent: Alogent and ebpSource Bring Financial Institution-Based, Real-Time Mobile Invoicing & Payments to SMBs

Fintech

Alogent, a global innovator in end-to-end enterprise payment processing, content management, and digital banking solutions for financial institutions, today announced the launch of MyBusiness by Alogent.

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BAMFi Secures $30 Million in Debt Funding from Solar Capital

Corporate Development | Fintech

BAMFi, a leading provider of fintech solutions headquartered in Atlanta, announced today the closing of $30 million of second lien debt financing from Solar Capital Partners, LLC and its affiliates.

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Finalists Selected for the 2019 TAG FinTech South Innovation Challenge

Education/STEM | Fintech

FinTech South, the Southeast’s largest event dedicated to financial innovation, announces 12 startups selected for the TAG FinTech Innovation Challenge’s 2019 class.

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Technology Entrepreneur Chris Klaus to be Inducted Into Technology Hall of Fame of Georgia

Fintech

Successful Visionary and Internet Pioneer to be Honored at The Summit Technology Showcase

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Technology Association of Georgia Announces the Top 40 Innovative Technology Companies in Georgia

Fintech

TAG’S Top 40 Awards, sponsored by Cherry Bekaert,  recognize Georgia-based technology companies for their innovation, financial impact, and their efforts at spreading awareness of the state’s technology initiatives throughout the U.S. and globally.

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Applications Open for the TAG FinTech South Innovation Challenge

Fintech

Winner of State’s Premier FinTech Startup Competition Receives $50,000 Cash Award

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The Summit 2019 Announces Innovation Evangelist, Best-Selling Author as Keynote Speaker

Fintech

Salesforce Lead for Global Customer Growth to Headline State’s Largest Tech Showcase

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