Technology
Technology
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The customers were affected by an incident involving a Progress Software program used by Sovos Compliance.
August 31 -
The issuer underwriting (UW) rent for data center space is about 17.9% below the sponsor's market rent estimates, leaving potential opportunities for further rent revenue increases.
August 28 -
Despite ESG headwinds in Florida, Climate First Bank in St. Petersburg continues to make "green" loans and plans to show consumers how their purchases affect the environment.
August 23 -
The new technology expands the capabilities of automation used to obtain digital transcript information from self-employed borrowers.
August 7 -
The data centers have an appraised value of $3.8 billion, with 32 tenants. S&P assigned a value of $1.8 billion to the properties, and an average cap rate of 8.7%.
August 4 -
The new rule sets a nationwide standard for disclosing all "material" breaches within four days — much sooner than many state-level disclosure rules.
July 28 -
In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.
July 17 -
Experts and industry leaders said banks are pumping investment into technology that can connect information silos.
July 14 -
The unsecured loans are generated on marketplace lending platforms using proprietary technology that use artificial intelligence and machine learning software.
July 12 -
High interest rates could dampen demand for refinancing, which took a hit during the pandemic-era pause in federal student loan payments. "Curb your enthusiasm," one analyst said.
July 10