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Fora Financial & Expansion Capital Group Partner With Ocrolus to Automate Underwriting Legwork

FTB News DeskOctober 9, 20188 min
Ocrolus, the emerging leader in analyzing loan documents, today announced integrations with Fora Financial and Expansion Capital Group, two of the fastest-growing online small business lenders. Enabling quicker and more precise loan decisions, Ocrolus has seen rapid adoption since its debut in the small business lending world with flagship customer Strategic Funding Source in May 2017. Following its Series A round highlighted by QED Investors, Ocrolus is quickly growing its customer base and team with laser-focus on the lending...

Bit Digital, Inc. Announces Second Quarter Financial Results

PRNewswireAugust 23, 2021382 min
Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million. The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter...

CVB Financial Corp. Announces Appointment of David A. Brager as new CEO

BusinessWireFebruary 20, 202019 min
CVB Financial Corp. (NASDAQ:CVBF) and its principal subsidiary, Citizens Business Bank (together, “the Company”), announced that the Company’s Board of Directors has chosen David A. Brager to be the organization’s next Chief Executive Officer. Mr. Brager, who currently serves as Executive Vice President, Sales Division Manager, will assume the role on March 16, 2020 upon the scheduled retirement of the Company’s current President and CEO, Christopher D. Myers. Concurrently, Mr. Brager is being appointed to...

Evaluation of Financial Accounting system

Ashish Y.January 22, 202020 min
The financial accounting system is a feature rich application serving the businesses involved in financial transactions. The simple definition of the Financial Accounting System is accounting is the bookkeeping process engaged in making a financial record of business transactions and developing statements with reference to the liabilities, assets, and operating results of a company. The system that maintains this financial information is known as the Accounting System. But you can consider accounting beyond just the...

Genworth and Oceanwide Extend Merger Agreement

FTB News DeskJanuary 31, 201916 min
Genworth Financial, Inc. (NYSE: GNW) and China Oceanwide Holdings Group Co., Ltd. (Oceanwide) today announced they have agreed to an eighth waiver and agreement of each party’s right to terminate the previously announced merger agreement.  The eighth waiver and agreement extends the previous deadline of January 31, 2019 to March 15, 2019 in consideration of pending regulatory reviews and the upcoming Chinese New Year/Spring Festival holiday, which begins on February 4. The transaction has received all required U.S. insurance regulatory approvals. The...
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