The HBCU Week Foundation, Inc., a nonprofit organization focused on bridging the education-to-employment gap in higher education, has announced a significant contribution from Barclays US Consumer Bank. The bank is donating $300,000 to establish a scholarship fund that will benefit students attending five historically black colleges and universities (HBCUs): Delaware State University, Hampton University, Spelman College, Morehouse College, and Howard University.
Billd, a company specializing in payments for commercial construction subcontractors, has received a patent for its project-based credit evaluation method. This innovation assesses credit offers by evaluating the specific project where the credit will be applied.
Xbox, Barclays, and Mastercard have announced the launch of the Xbox Mastercard, marking Xbox's first co-branded credit card in the United States. The card will be available with no annual fee and offers rewards redeemable on Xbox games, streaming services, and dining delivery.
Billd has announced the appointment of Paul Williams as its new Chief Financial Officer. Williams will be responsible for overseeing Billd's financial management and supporting the company's growth.
Billd and STACK Construction Technologies have announced a new integration that embeds Billd’s financing solutions into STACK's Estimating and Takeoff Platform. This move is designed to provide subcontractors with immediate access to working capital during the preconstruction phase. The companies aim to enable subcontractors to increase their bid volume, secure working capital, and enhance supplier relationships, ultimately facilitating business growth.