Copper sulfide

SoftBank Corp., NEC and Broadcom Jointly Validate RAN Modernization with Virtualization by Unifying O-RAN Architecture and Telco Cloud

Retrieved on: 
Thursday, February 29, 2024
Cloud, SoftBank Group, Broadcom Inc., Senior, CNF, Architecture, NEC, BBU, CNO, Delta Upsilon, RAN, Radio, DU, OS, COTS, Content as a service, Ecosystem, Infrastructure as a service, Platform as a service, Telco, Telecommunications, VMware, Copper sulfide, Development, Environment, Network equipment provider

The companies confirmed the feasibility of RAN modernization by converging O-RAN architecture (1) and Telco Cloud (2).

Key Points: 
  • The companies confirmed the feasibility of RAN modernization by converging O-RAN architecture (1) and Telco Cloud (2).
  • In this joint verification, a virtualized RAN (“vRAN”) system consisted of a general-purpose common infrastructure defined by SoftBank, vRAN applications using O-RAN architecture by NEC, and a vRAN platform optimized for VMware’s Telco Cloud platform.
  • We believe that the innovative RAN modernization with virtualization, O-RAN, and Telco Cloud that we have verified will be the core technology for efficient RAN operations in the future.
  • PaaS（“VMware Telco Cloud Automation”）and its integrated orchestration capabilities enable operators to quickly deploy rapidly evolving CNF (“cloud-native function”) requirements for NEC's RAN deployments."

KBRA Releases Fourth-Quarter 2023 U.S. Credit Union Compendium and Expectations for 2024

Retrieved on: 
Friday, February 23, 2024
Professional Services, Finance, Compendium, Copper sulfide, KBRA

KBRA releases its fourth-quarter 2023 U.S. Credit Union Compendium, providing the latest view of the U.S. credit union (CU) sector, analysis of 4Q23 results for KBRA-rated U.S. CUs, and expectations for 2024.

Key Points: 
  • KBRA releases its fourth-quarter 2023 U.S. Credit Union Compendium, providing the latest view of the U.S. credit union (CU) sector, analysis of 4Q23 results for KBRA-rated U.S. CUs, and expectations for 2024.
  • In this edition, we focus on how industry fundamentals have evolved in the higher interest rate environment, creating a more challenging operating environment for CUs.
  • This KBRA report also examines other key topics relevant to the CU industry including the repositioning of earnings, asset quality risk, and the importance of capital strength.
  • The Compendium includes 4Q23 summaries on U.S. CUs in KBRA’s rated universe, focusing on key performance and credit metrics.

Black Dragon Capital℠ to attend CUNA GAC 2024 with team of renowned FinTech leaders

Retrieved on: 
Friday, March 1, 2024
BECU, Investment, Entrepreneurship, Private, Fintech, System, CUNA, Partner (business rank), Title, Credit union service organization, Black Dragon, Copper sulfide, Movement, Partnership, Bank

BOCA RATON, Fla., March 1, 2024 /PRNewswire/ -- Black Dragon Capital℠, a global, multi-phased investment firm focused on advanced technologies in high growth segments that strengthen economic stability within communities, has announced its attendance to the annual CUNA GAC happening at Washington DC.

Key Points: 
  • Black Dragon Capital℠ has a long history of creating and investing in market leading FinTech companies.
  • This year, the firm continues its support for the credit union community by participating in the CUNA GAC 2024.
  • Black Dragon Capital℠ will be joining in the following events from March 3rd to 5th:
    CUNA GAC Panel: Building Innovation Capacity and Entrepreneurial Capabilities (March 5, 9-9:50a.m.)
  • Founder of Black Dragon Capital, and Managing Partner of the Fintech Fund.

40% of Credit Unions Expect Auto Finance Portfolio Growth in 2024, But Most Expect Liquidity Crisis to Continue through First Half of 2024

Retrieved on: 
Thursday, February 1, 2024
CULA, SAN, Credit union, Optimism, Growth, Business development, Copper sulfide, Real estate

SAN DIEGO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Credit Union worries about liquidity will continue into 2024, according to Credit Union Leasing of America's (CULA) recent "Future of Auto Finance" snapshot survey of credit union professionals, with 48% anticipating the liquidity crisis will last for another one to two years or more, and only 9% seeing signs of it abating.

Key Points: 
  • Our survey results indicate that credit unions are finally getting back to some normalcy and, most importantly, that the industry will survive the liquidity crisis of 2023.
  • 59% are somewhat (53%) or very (6%) optimistic about the auto finance market in 2024, with 36% apprehensive and 5% pessimistic.
  • 59% think that vehicle leasing would be a positive addition to their finance portfolio in 2024, with 30% unsure.
  • The "Future of Auto Finance" Snapshot Survey was conducted online January 4th through January 25th, 2024 among 90+ credit union professionals.

KBRA Releases Third-Quarter 2023 U.S. Credit Union Compendium and Expectations for 2024

Retrieved on: 
Friday, December 8, 2023
Professional Services, Finance, NIM, Compendium, Federal, KBRA, Copper sulfide, Fed, Federal Reserve, Bank

KBRA releases its third-quarter 2023 U.S. Credit Union Compendium, providing the latest view of the U.S. credit union (CU) sector, analysis of 3Q23 results for KBRA-rated U.S. CUs, and expectations for next year.

Key Points: 
  • KBRA releases its third-quarter 2023 U.S. Credit Union Compendium, providing the latest view of the U.S. credit union (CU) sector, analysis of 3Q23 results for KBRA-rated U.S. CUs, and expectations for next year.
  • KBRA's inaugural Credit Union Compendium provides a “state of the union” for CUs, with a focus on how industry fundamentals have evolved since the Federal Reserve began its tightening cycle in 1Q22.
  • That said, we have taken rating actions and will continue to take rating actions on CUs that underperform rating expectations.
  • The Compendium includes 3Q23 summaries on U.S. CUs in KBRA’s rated universe, focusing on key performance and credit metrics, along with medians of key ratios.

KBRA Releases Research – Credit Union Sector Overview

Retrieved on: 
Thursday, February 23, 2023
Banking, Professional Services, Finance, KBRA, Copper sulfide, Technology Credit Union, Benchmarking, National Credit Union Administration, CU, Family, NCUA, Bank, Copper

KBRA releases a report that provides an overview of the credit union (CU) industry, examining the evolution, complexity, and nuances within the segmented not-for-profit financial sector.

Key Points: 
  • KBRA releases a report that provides an overview of the credit union (CU) industry, examining the evolution, complexity, and nuances within the segmented not-for-profit financial sector.
  • The report also highlights acquisitions activity that has been a larger focus for CUs in recent years.
  • The National Credit Union Administration (NCUA) has evolved its regulatory framework for CUs to be more consistent with that of the U.S. banking industry.
  • The credit profiles of CUs generally benefit from sizable levels of stable funding from insured deposits.