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News
Citi to Acquire Kard, Expanding Personalized Rewards and Commerce Media Business
9+ hour, 40+ min ago (550+ words) The proposed acquisition will combine Citi’s payments scale with Kard’s technology, merchant relationships and machine learning capabilities. Citi plans to use those assets to deliver more personalized rewards and offers to customers while providing merchants and brands with additional ways…...
Payment Nerds Names Jacob Martin VP of Sales, Promotes Trae Holthouse to Sales Manager
2+ hour, 55+ min ago (242+ words) Payment Nerds has appointed Jacob Martin as vice president of sales and promoted Trae Holthouse to sales manager as the Nashville-based payment processing company expands its sales organization and pursues growth in new markets. Martin joins Payment Nerds with more…...
Q&A with Andy Broome, Vice President of Sports Card Grading at CGC
1+ week, 2+ day ago (1217+ words) For readers who may be new to the hobby, what is CGC, and what role does the company play in today’s collectibles ecosystem? The collectibles market has evolved from a niche hobby into a global business attracting investors, athletes, celebrities…...
Cambridge Wilkinson Arranges $50 Million Credit Facility for Car Wash Franchise Operator
1+ week, 2+ day ago (461+ words) citybiz Cambridge Wilkinson has closed a $50 million senior secured credit facility for a multi-state operator of express car wash locations, providing growth capital to support continued expansion through new development and acquisitions across the United States. The borrower, a leading…...
Q&A with Rick Eggleton, SVP of Sales at IDIQ: Consumer Finance Expert Shares Fast Ways to Improve Your Credit Score and Support Debt Relief
1+ mon, 1+ week ago (571+ words) The Federal Reserve reported in the first quarter of 2026 that Americans held $13.19 trillion in mortgage debt, $1.25 trillion in credit card debt, $1.69 trillion in auto debt, $1.66 trillion in student debt, $446 billion in HELOC debt, and $562 billion in other debt. For millions…...
Crescent Raises $10.8B as Private Credit Continues to Gain Ground on Banks
2+ mon, 1+ week ago (403+ words) Los Angeles-based Crescent Capital has raised $10.8 billion for its fourth U.S. direct lending fund, recording the largest fund in the firm’s history and highlighting the continued flow of institutional capital into private credit. The company’s CDL Fund IV represents Crescent’s lower…...