CFSI

CFSI API Integration to Encompass® Enables Lenders to Complete Unfinished Construction Projects

Retrieved on: 
Thursday, July 13, 2023
ICE, API, Risk management, Sale, CFSI, Risk, Engineering, Encompass, Intercontinental Exchange, Construction

GREENWOOD VILLAGE, Colo., July 13, 2023 /PRNewswire/ -- An end-to-end construction risk mitigation company that helps lenders complete construction projects, announced today that their integration is now built on the latest Encompass Partner Connect(TM) API Platform and available through ICE Mortgage Technology®, part of Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure. This integration will enable clients on Encompass® to access CFSI's construction financing risk management, while also driving efficiency for mortgage customers of CFSI and ICE Mortgage Technology.

Key Points: 
  • This integration will enable clients on Encompass® to access CFSI's construction financing risk management, while also driving efficiency for mortgage customers of CFSI and ICE Mortgage Technology.
  • CFSI currently manages thousands of construction projects each month for financial institutions across the country, and the integration expands the availability of its services to non-bank lenders.
  • CFSI can manage an Encompass lender's construction project, provide a cost to complete analysis and recommendation, and find and recommend a new contractor from its vast network.
  • Lenders can access CFSI's services through a web-based portal, while API capabilities are available for large-scale lenders.

Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines

Retrieved on: 
Thursday, December 23, 2021
Banking, Professional Services, Insurance, Finance, U.S. Securities and Exchange Commission, Union Bank, Insurance, Time, Linklaters, Growth, Acquisition, SEC, Wind, LLP, CFSI, EMEA, Capital market, Philippine Stock Exchange, Uncertainty, Central Waqf Council, Financial services, Security (finance), Bank, Citigroup

Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter UnionBank) on the acquisition of Citis consumer banking franchise in the Philippines.

Key Points: 
  • Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter UnionBank) on the acquisition of Citis consumer banking franchise in the Philippines.
  • The agreement covers all related Citi staff, with approximately 1,750 consumer bank and supporting employees expected to transfer to UnionBank upon close of the transaction.
  • Citi will continue to serve institutional clients in the Philippines and across Asia Pacific as we have for over a century.
  • Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.