Despite the proliferation of digital innovations transforming various sectors, the real estate market has remained largely reliant on traditional payment methods, with cash transactions dominating the landscape. Recent data from ATTOM, a curator of real estate and property data, shows that in 2023, an average...
Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of implementation or subscriptions. That’s the challenge mortgage lender Rocket Mortgage and digital transformation solution provider Q2 Holdings are solving with...
When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments”...
In today’s top news, Coinbase is planning to make a cryptocurrency app store on blockchain, and American Express now offers reward credits for cardholders who get mortgages through Better or Rocket Mortgage. Plus, three Nordic mobile payment apps are merging to make one European digital...
January 04, 2022
When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments” while also giving it control of a rapidly growing player […]
May 06, 2024
Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial intelligence (AI), data science, product engineering, technology operations, information security and other areas across the firm’s ecosystem, Rocket Companies said in a Monday (May 6) press release. Rocket Companies’ brands include Rocket Mortgage, Rocket Homes, Amrock, Rocket […]
August 11, 2022
Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of implementation or subscriptions. That’s the...
August 06, 2020
It appears that billionaire Daniel Gilbert, the 58-year-old founder of Quicken Loans and Rocket Mortgage, made the right call when he trimmed the size of the company’s initial public offering (IPO) by...
July 08, 2020
Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). In its application with the U.S....
