CCMC Inc., a financial technology company that provides connectivity solutions, has agreed to acquire Impact Financial Solutions Group Inc.'s customers and certain technology assets relating to the mortgage banking industry.
CCMC CEO Gene Lederer said Impact Financial will bring blockchain and artificial intelligence learning technology, which will be utilized within connectivity solutions planned for release in late 2018.
Impact Financial focuses on evaluating new technologies and how they might be used in future financial products.
The transaction is expected to close at the end of June.
