Tag: CNN Money

PACT Capital’s Adam Mortanian Named to Forbes Finance Council

LOS ANGELES–(BUSINESS WIRE)–Adam Mortanian, Co-Founder and Managing Director of PACT Capitala leading mortgage banking and capital advisory firm, has been named to the Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms.

Mortanian was vetted and selected by Forbes Councils’ review committee based on the depth and diversity of his experience. Criteria for acceptance includes a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“It’s truly an honor to be invited to join the Forbes Finance Council,” said Mortanian. “The Forbes name and brand are iconic and synonymous with financial knowledge and expertise. I’m excited to share ideas, best practices and thought leadership with my fellow council members and further cement the unique leadership role PACT Capital has established in the real estate lending space.”

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Studying abroad empowers finance student to go outside of her comfort zone – VCU News

Emma Johnson, a junior in the School of Businessis currently taking courses at Korea University after dreaming of studying abroad since her freshman year.

She is one of three Virginia Commonwealth University students who were awarded a 2022 Benjamin A. Gilman International Scholarship, which was established to help American students study abroad. In addition to the $4,500 from Gilman, she was awarded an additional $1,000 from the Presidential International Education Award through VCU.

Johnson said her family traveled around when she was growing up, which helped spark her wanderlust.

“And I really just liked the idea of ​​going out and exploring a new country on my own and studying in a new place, in a new environment with different people than I’m used to,” she said.

She was limited on where she could go due to COVID-19, but Johnson ended up choosing

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The benefits of embedded finance for business

Every day, perhaps without even realizing it, most of us already use embedded finance. From ordering coffee via an app to booking a taxi with our phone, embedded finance has completely transformed the consumer payment process. But many businesses are yet to integrate a financial solution into their own infrastructure, even though this comes with many benefits – both expected and less obvious.

An introduction to embedded finance

Embedded finance comes in many forms. One which I work with every day is spend management automation. Rather than relying on disconnected manual processes, automating spend management allows a business to manage spending and expenses in one system from request to purchase and accounting. This usually means employees spend on physical or virtual cards and capture payment information, like VAT, in an app, instead of paying out of pocket and filling out paper forms. Finance teams can approve requests, view purchases, and

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