Year-over-year average premium rates decreased across the most commonly placed commercial lines of business; average premium rates experienced variable change quarter over quarter Toronto, ON., Nov. 14, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced the third quarter 2024 results of the Applied Commercial Index™, the Canadian insurance industry’s premium rate index. Overall, rates saw […]
PALM BEACH, Fla. , Nov. 14, 2024 (GLOBE NEWSWIRE) — FN Media Group News Commentary – The Global Mortgage Lender Market is expected to grow at a substantial rate for years to come. A mortgage lender refers to a financial institution or company that provides loans for purchasing or refinancing real estate properties. A mortgage […]
Bethesda, MD, Nov. 14, 2024 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASENovember 14, 2024 EagleBank ContactVikki KayneChief Marketing Officer301.986.1800 EagleBank to Relocate Corporate Headquarters to 7500 Old Georgetown Road in Downtown Bethesda, Maryland BETHESDA, MD. EagleBank, one of the largest community banks serving the Washington D.C. area, today announced the relocation of its headquarters to 7500 […]
PHOENIX–(BUSINESS WIRE)–#AI–ZentrumHub, a pioneer in travel technology, is excited to announce a strategic partnership with Mize to revolutionize Online Travel Agencies (OTAs) through advanced tech integration. This collaboration will significantly enhance ZentrumHub’s global capacity to provide innovative solutions to OTAs. Mize empowers travel companies to boost their profitability by up to 40% using AI-driven and […]
Growing demand for digital financial solutions is boosting the fintech as a service (FaaS) market. New York, USA, Nov. 14, 2024 (GLOBE NEWSWIRE) — Market Overview: The global fintech as a service (FaaS) market size is projected to grow from USD 312.77 billion in 2023 to USD 1,329.12 billion by 2032, at a CAGR of […]
Less than 40% of financial services executives say they are highly satisfied with their cloud outcomes Most banks and insurers adopt cloud solutions with the primary objective to drive operational efficiency (84%) Protecting customer data and maintaining privacy is a challenge for the industry PARIS–(BUSINESS WIRE)–The Capgemini Research Institute’s World Cloud Report for Financial Services […]
VICTORIA, Seychelles, Nov. 14, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and global onchain technology company, has issued updates for November 14, 2024. OKX Introduces Pre-Market Futures for MAJOR Token, Announces ACT Listing OKX today announced the listing of two new tokens: MAJOR, the native token of popular Telegram game ‘Major of Telegram,’ […]
Arbolus is an expert insights platform that allows investors and consultants to gather unique insights on companies during their research and diligence process The platform is used by the world’s largest consulting companies, hedge funds and private equity investors LONDON–(BUSINESS WIRE)–#Arbolus—Arbolus, the expert insights platform, has closed on a $20 million growth equity investment led […]
Instant Payments Provider Receives $4.5 Million in Seed Funding Real-Time via the FedNow® Service PORTLAND, Ore.–(BUSINESS WIRE)–#CUSO—Payfinia, Inc. today launched the Payfinia Credit Union Service Organization (CUSO) to support payments modernization solutions and embedded fraud controls through an open payments platform for credit unions and industry partners. Payfinia originated in 2023 when digital banking provider […]
Revenue Growth: Achieved second-quarter FY25 revenue of $11.9 million, a 33% increase from the first quarter’s revenue of $8.9 million. Improved Path to Profitability: Reported a net loss of $21.8 million, primarily impacted by non-cash, non-recurring, and extraordinary items, resulting in an Adjusted EBITDA¹ loss of $2.1 million, an improvement from the previous quarter’s Adjusted EBITDA […]
NEW YORK–(BUSINESS WIRE)–Capitalize, a leading platform for transferring retirement accounts, is excited to announce its new partnership with M1 Finance, a pioneer in personal finance and investing. This collaboration will integrate Capitalize’s Enterprise Rollover solution into M1’s account transfer process, streamlining the transfer of legacy retirement accounts into M1 IRAs. This integration will help clients […]
Balance Wellbeing™ Now Available to New York Life Group Benefit Solutions and Business Solutions Customers NEW YORK–(BUSINESS WIRE)–New York Life has announced the launch of Balance Wellbeing with New York Life™ (“Balance Wellbeing™”), its new financial wellbeing offering. Balance Wellbeing™ highlights New York Life’s long history of helping families build secure futures by providing access to […]
Robinhood customers can now easily make tax-advantaged crypto donations through Daffy’s modern donor-advised fund. LOS ALTOS, Calif.–(BUSINESS WIRE)–Daffy.org, the modern platform for charitable giving, announces an integration with Robinhood. This innovative collaboration empowers Robinhood customers to effortlessly donate their crypto assets to nearly any U.S. charity through Daffy’s modern donor-advised fund (DAF). Using Robinhood Connect, […]
Arcesium adds automated Regulatory Reporting tool to its Opterra operational platform to help investment managers meet evolving regulations while drastically minimizing cost, errors and time NEW YORK–(BUSINESS WIRE)–Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, today launches its automated Regulatory Reporting solution that will significantly reduce the […]
This global survey, “The Marketing Spend Strategy,” reveals how marketing leaders in the U.S., Canada and Europe are strategically adapting to the economy with marketing programs, AI, and automation SAN FRANCISCO–(BUSINESS WIRE)–10Fold, a leading business-to-business (B2B) “Deep Tech” communications and content agency, today announced the launch of its new report entitled The Marketing Spend Strategy: […]
New Mesa Homeowners Card allows homeowners to earn rewards on mortgage payments and home-related expenses for the first time AUSTIN, Texas–(BUSINESS WIRE)–Mesa, the first homeowner membership platform, today announced the launch of the Mesa Homeowners Card, the first premium credit card designed for homeowners. Cardmembers can earn Mesa Points on monthly mortgage payments and accelerated […]
ASHEVILLE, N.C., Nov. 13, 2024 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”, “HomeTrust” or “HTB”), today announced that the Bank has ranked 156 in the Top 200 of Newsweek Magazine’s America’s Most Loved Workplaces® list, developed by Most Loved Workplace®, a division of Best Practice Institute […]
NICE Actimize’s SURVEIL-X achieved the report’s highest best-in-class rating scores in audio and voice analytics capabilities as well as in detection analytics HOBOKEN, N.J.–(BUSINESS WIRE)–#AI—NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as a Category Leader in Chartis Research Communications Surveillance Solutions 2024 Vendor Landscape Report. Chartis Research, part of Infopro Digital, is […]
First-of-Its-Kind Fintech Solution Integrates Directly with Core Banking Systems to Support Youth Financial Literacy SAN FRANCISCO–(BUSINESS WIRE)–Kachinga, a leading innovator in financial literacy for kids and teens, is excited to announce a groundbreaking solution that gives credit unions and their members the tools and guidance to teach and empower kids to be smart with money. […]
~Recognized as honoree in three additional categories~ PORTLAND, Ore.–(BUSINESS WIRE)–#CUTimes2024LuminaryAwards–Digital banking provider Tyfone today announced it was named the Luminary of the year in the 3rd Annual Credit Union Times Luminaries Awards for Third-Party Product Innovation – Mobile Banking for its nFinia® Platform. The Luminary Awards highlight the individuals, teams, projects and organizations that are […]
TULSA, Okla., Nov. 13, 2024 (GLOBE NEWSWIRE) — RJD Green Inc. (OTCPK: RJDG) CEO Ron Brewer updates shareholders on 2024 fiscal year-ended August 31, 2024 results and targeted 2025 growth. Dear Valued RJD Green Shareholders, As we have finished our 2024 fiscal year end and are moving into the 2025 fiscal year, RJD Green’s management […]
ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital Business Support Systems (BSS) provider and a leader in digital transformation solutions, has announced its latest collaboration with a leading MVNE in EMEA. This partnership will harness the multi-tenant capabilities of Tecnotree’s state-of-the-art MVNE platform to drive digital telecom transformation in the region. This win will empower Tecnotree to […]
Available online and in stores nationwide, Sezzle brings innovative payment solutions to America’s Farm and Home Store ahead of the holiday season. Sezzle Launches Flexible Financing at Rural King Minneapolis, MN, Nov. 13, 2024 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // – Sezzle, a leader in the flexible payments industry, is excited […]
Indico Capital Partners leads funding round to accelerate innovative floating wind technology VIANA DO CASTELO, Portugal & DUBLIN–(BUSINESS WIRE)–#AugustOne—Gazelle Wind Power (Gazelle), the developer of a next-generation floating offshore wind platform technology, has secured a 11.4 million funding round led by Indico Capital Partners, a premier investor in ocean related sustainable technologies. Other investors in […]
Streamlined pre-approval process boosts efficiency for lenders SavvyMoney and Origence SavvyMoney and Origence Launch Improved Loan Pre-Approval Integration Irvine, California, Nov. 13, 2024 (GLOBE NEWSWIRE) — SavvyMoney, a company powering innovative, market-leading credit score solutions, today announced a significant expansion of its partnership with Origence, the leading lending technology solutions provider for credit unions. This […]
WARSAW, Poland, Nov. 13, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the global intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced its second Center of Excellence (CoE) will open in Warsaw, Poland. The new CoE, alongside the one in India, strengthens Duck Creek’s ability to support EMEA and […]
SALT LAKE CITY–(BUSINESS WIRE)–#401k–401GO, a leading 401(k) retirement plan provider, is included in the 2024 CB Insights Fintech 100 – a list recognizing the most promising and innovative private fintech companies globally. 401GO is one of 13 in the Wealth Management category, and the only 401(k) provider. CB Insights selects the Fintech 100 based on […]
Third Quarter Highlights Revenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentially Gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially Operating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentially Net loss of $2.8 million includes $0.7 million of […]
NASHVILLE, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) — Truxton has promoted Will Young to Vice President of Information Technology and Kaci Goodall to Team Lead of Deposit Operations. “Kaci and Willie are emblematic of our rock-solid team at Truxton,” said Derrick Jones, President of Truxton. “Smart, hard-working people, who care about taking care of clients, […]
US Capital Global appoints new Managing Director for Germany to drive regional growth and expand customized financial solutions for European mid-market companies. Benedikt Gruetz as Managing Director US Capital Global appoints new Managing Director for Germany to drive regional growth and expand customized financial solutions for European mid-market companies. San Francisco, California, USA, Nov. 12, […]
CHICAGO, Nov. 12, 2024 (GLOBE NEWSWIRE) — Monroe Capital Corporation (NASDAQ: MRCC) today announced its financial results for the third quarter ended September 30, 2024. Except where the context suggests otherwise, the terms “Company,” “we,” “us,” and “our” refer to Monroe Capital Corporation (together with its subsidiaries). Third Quarter 2024 Financial Highlights Net Investment Income […]
NEW YORK–(BUSINESS WIRE)–#creditratingagency–KBRA is pleased to announce that its vast library of structured finance ratings publications, press releases, and industry research is now available on FINSIGHT’s platform, giving users access to an expansive array of securitization data, ratings, insights, and analytics at their fingertips. FINSIGHT, based in New York City, creates high-reliability financial technology that […]
Q2 earned the strongest score in both vendor stability, for its breadth of commercial banking solutions, and client outcomes and impact categories AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today it has been recognized as a market leader in the Datos Insights Matrix: U.S. […]
SoFi Partners with BlackRock Inc. to Offer Retail Investors Access to Sophisticated Portfolios and Increased Selection SAN FRANCISCO–(BUSINESS WIRE)–$BLK–Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced the launch of a new robo-advisor platform, expanding on the company’s current automated investment […]
The Revenue Blueprint unpacks how data-driven marketers leverage emerging technologies to enhance engagement, personalize campaigns, and grow revenue MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today shares its latest report, “The Revenue Blueprint: Strategies for Performance-Obsessed Marketers.” Based on a global […]
Mastercard Biz360™ aims to save business owners’ time and resources with a one-stop shop to manage the non-stop workday PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard today announces Biz360, a comprehensive digital solution designed for providers to equip their small business customers with a simplified way to manage the most critical aspects of running and growing a business. With […]
Insurers can quote, bind and issue cyber risk liability insurance and manage ongoing cyber risk liability within mShift’s platform AUSTIN, Texas–(BUSINESS WIRE)–#cyberrisk–KYND Limited, a leading innovator in cyber risk solutions, is proud to bring its expertise to Millennial Shift Technologies (mShift) insurance customers, providing accessible, actionable cyber risk insights through a seamless integration. Brokers using […]
SAN MATEO, Calif. & PARIS–(BUSINESS WIRE)–#AI–Guidewire (NYSE: GWRE) announced Shift Technology as its strategic partner for insurance-based decisioning solutions. Shift’s products enable artificial intelligence (AI) powered fraud detection and investigation, underwriting risk detection, and subrogation detection. The expanded partnership will deliver a joint solution that will enable the rapid integration of Shift’s fraud detection technology […]
New partnership Empowers Lenders and Dealers with Advanced Identity Verification and Streamlined Credit Prequalification. CINCINNATI–(BUSINESS WIRE)–#AutoLending–MC2 Finance, a leader in commercial transportation financing solutions, announces its new partnership with FlexPath® DXP, a pioneer in digital identity verification and credit prequalification technologies. Through this partnership, MC2 will utilize FlexPath’s patent-pending VeriQual™ solution to streamline credit prequalification […]
Apollo and Motive led a $20 million Series A investment in Vega to scale its alternative asset manager client service technology platform – Vega AltOS – building on Vega’s $8 million seed investment from Motive, Picus Capital, Citi Ventures, and 60+ senior financial services executives. Apollo has become an enterprise-scale anchor client, using Vega AltOS […]
