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CREDEVOLV LAUNCHES PLATFORM TO BRIDGE GAPS IN CREDIT EQUITY


Launching today, fin-tech platform CredEvolv revolutionizes the path to achieving and maintaining good credit, offering millions of consumers a path to financial stability. CredEvolv’s mission is to turn “no” in to “not yet” by breaking down the barriers to credit equity and guiding consumers seeking improved credit on a journey to sustainable, lifelong credit well-being.

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TEGRIA AND CEDAR ANNOUNCE STRATEGIC PARTNERSHIP TO HUMANIZE THE HEALTHCARE FINANCIAL EXPERIENCE


Tegria, a next-generation healthcare technology and services company, and Cedar, a market-leading healthcare financial technology platform, today announced the formation of a strategic partnership. The partnership will bring Cedar’s consumer-facing financial engagement platform to Tegria customers and deliver Tegria’s robust revenue cycle management expertise to Cedar’s extensive client base, enabling a seamless, intuitive and dependable

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ACCOUNTING SEED UNVEILS NEW FINANCIAL REPORTING TOOL


Top-rated accounting software, Accounting Seed, implements a new version of its Financial Reporter which is now fully implemented with the Salesforce Lightning user interface (UI). This upgrade also brings significant updates to the platform’s standard and custom reports, enabling users to easily access, navigate, update, and export financial reports. Read More

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READY CAPITAL ANNOUNCES ACQUISITION OF RED STONE


Ready Capital Corporation (NYSE: RC) (“Ready Capital”), a multi-strategy real estate finance company that originates, acquires, finances and services commercial loans, today announced its acquisition of Red Stone and its affiliates (“Red Stone”). Red Stone is a real estate finance and investment company that provides innovative financial products and services to the multifamily affordable housing

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MERIT FINANCIAL ADVISORS ACQUIRES CONSILIUM FINANCIAL GROUP


Merit Financial Advisors (“Merit”), a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, has acquired Consilium Financial Group (“Consilium”). The acquisition expands Merit’s presence in its headquarters of Atlanta and enhances the firm’s financial planning capabilities. Consilium is a comprehensive

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PENTADATA ANNOUNCES OPEN FINANCE INTEGRATION WITH AKOYA


Pentadata Inc., leading the industry with the first fully secured API-based financial data platform, today announced it has signed an agreement to use the Akoya Data Access Network. Known for supporting data developers with building fintech apps, rewards, cash-back, and card-linking programs, Pentadata has partnered with Akoya, a new network offering API-based, permissioned access to consumer

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UBER SHARES DROP AS SOFTBANK PLANS TO SELL ONE-THIRD OF ITS STAKE


SoftBank has seen total losses of around $4 billion on its Didi position and has also suffered from a decline in the valuation of Alibaba. Uber’s own Didi stake saw a $2 billion decline last week following the June debut of Didi’s American depositary shares as China’s officials planned fines against Didi amid a wider

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FBX OF INFORMA FINANCIAL INTELLIGENCE AND NOVANTAS ANNOUNCE NAME OF NEW BUSINESS


FBX, an Informa Financial Intelligence business, alongside Novantas, announced today the name of their combined business—Curinos—a new entity equipping financial institutions with expanded data sets, intelligent technologies and market expertise that empower clients to make more profitable, data-driven decisions faster. Curinos is the newest subsidiary of Informa plc (LSE: INF), resulting from the combination of

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BUMPED LAUNCHES ‘GRAHAM’, THEIR NEW FINANCIAL SERVICES API SUITE


Today Bumped—the fintech company on a mission to create an ownership economy through a simple but powerful entry point to investing — announced the release of its newest product set. The ‘Graham’ is a suite of APIs designed for financial services organizations to bring stock rewards directly to their customers. The release of the ‘Graham’

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MINING STOCKS FALL AS CHINA RESTRAINS METAL PRICES


On Wednesday, mining stocks dropped after China announced it would release metal reserves to restrain commodity prices. China is the world’s largest consumer of raw materials. It fears that an increase in metal prices, and with it the extra costs that would be passed onto its consumers, could pose a serious threat to its economic