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Infiniscape Incorporated Introduces Groundbreaking Social Media Audit Tool: Revolutionizing Content Strategy with Data Science and AI
SETAUKET, N.Y.--(BUSINESS WIRE)-- #AI--Infiniscape’s Social Media Audit, led by data scientists with AI assists, offers deep content insights to help optimize online engagement & strategy.
US Metro Bancorp Announces Third Quarter 2024 Results
GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, Bancorp earned $1.7 million in the third quarter of 2024, compared to $2.2 million in the second quarter of 2024. For the three months ending September 30, 2024, the consolidated Bancorp earned $1.7 million compared to $2.3 million for the three months ending September 30, 2023. On a year-to-date
KBRA Assigns Preliminary Ratings to OBX 2024-NQM16 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of mortgage-backed notes from OBX 2024-NQM16 Trust, a $538.0 million non-prime RMBS transaction. The underlying collateral, comprising 1,040 residential mortgages, is characterized by a notable concentration of alternative income documentation (91.8%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (51.4%) or exempt (45.7%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to be
KBRA Assigns Preliminary Ratings to FREMF 2024-K165 and Freddie Mac Structured Pass-Through Certificate Series K-165
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2024-K165 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-165. FREMF 2024-K165 is a $1.27 billion CMBS multi-borrower transaction. Freddie Mac will guarantee six classes of certificates issued in the underlying Series 2024-K165 securitization and will deposit the guaranteed underlying certificates i
WNBA Teams Generated Record $136 Million in Sponsor Media Value for Brands as Social Media Engagement Soars, According to New Report from Relo Metrics
SANTA MONICA, Calif.--(BUSINESS WIRE)-- #CannesLions--Relo Metrics (formerly GumGum Sports), the leading AI-powered sponsorship analytics platform for real-time data decisions, has today released the findings of its 2024 WNBA Brands Insight Report, revealing that the League drove a record $136 Million in Sponsor Media Value (SMV) during the regular season. Major brands, including Nike, AT&T and Michelob Ultra, benefited significantly from soaring social media engagement, with TikTok seeing a 470% increase
5C Investment Partners Commences Investment Activity with $1.6 Billion
NEW YORK--(BUSINESS WIRE)--5C Investment Partners (“5C”), an alternative investment firm focused on private credit, today announced the commencement of investing activity as part of their senior direct lending platform. 5C will begin investing with $1.6 billion of available capital, which represents equity commitments, target leverage, and a co-investment program. 5C will provide financing opportunities primarily to sponsor-backed, upper-middle market companies with high-quality businesses and
Symetra Named to 2024 Fortune Best Workplaces For Women™ List
BELLEVUE, Wash.--(BUSINESS WIRE)--Fortune® magazine and Great Place to Work® have recognized Symetra on the 2024 Fortune Best Workplaces for Women™ List.
KBRA Assigns Preliminary Ratings to GS Mortgage-Backed Securities Trust 2024-INV1 (GSMBS 2024-INV1)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 52 classes of mortgage pass-through certificates from GS Mortgage-Backed Securities Trust 2024-INV1 (GSMBS 2024-INV1). The underlying collateral is secured entirely by prime investment-purpose mortgage loans. The pool comprises 722 first-lien, fixed rate residential mortgage loans with an aggregate principal balance of $313.4 million as of the October 1, 2024 cut-off date. The pool is characterized by significant borrower equity in
Alliant Insurance Services Signs on as Official Insurance Brokerage and Proud Partner of San Diego Football Club
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant has signed on as official insurance brokerage and proud partner of San Diego Football Club ahead of its inaugural MLS Season.
Nexstar Media Group to Expand Presence in Cleveland With Acquisition of WBNX-TV/TV55
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company.
KBRA Assigns Preliminary Ratings to Benchmark 2024-V11
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 15 classes of Benchmark 2024-V11, a $1.0 billion CMBS conduit transaction collateralized by 26 commercial mortgage loans secured by 62 properties. The collateral properties are located throughout 27 MSAs, of which the three largest are New York (23.9%), Atlanta (10.2%), and Fort Lauderdale (6.5%). The pool has exposure to all major property types, with five types representing more than 10.0% of the p
Acrew Capital and Money20/20 Index Finds 76% of Financial Service Companies Have Announced an AI Initiative
LAS VEGAS--(BUSINESS WIRE)--167 out of 221 top financial service companies globally have initiated AI initiatives since January 2023, according to the inaugural “ALL IN ON AI: Financial Services Adoption Index 2024”, a new report launched by Acrew Capital and Money20/20 at its US show in Las Vegas. For financial services, an industry that is heavily regulated and therefore typically cautious to implement new technology, this rapid adoption indicates a fundamental change in how money is conceive
Church Pension Group Appoints Julian Chung Chief Legal Officer
NEW YORK--(BUSINESS WIRE)-- #CPG--The Church Pension Group (CPG), a financial services organization that serves The Episcopal Church, today announced the appointment of Julian Chung as Executive Vice President to succeed Nancy Sanborn as Chief Legal Officer and Corporate Secretary upon Nancy’s retirement on December 31, 2024. Ms. Chung will be responsible for developing legal strategy, managing legal risk, and overseeing the delivery of legal services and resources to accomplish CPG’s corporate goals,
Federal Home Loan Bank of Dallas and Frost Bank Award $1.5M in Affordable Housing Program Grants for Chronically Homeless
AUSTIN, Texas--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Frost Bank, awarded $1.5 million in Affordable Housing Program (AHP) grants to Mobile Loaves & Fishes, a Christian social outreach ministry in Austin, Texas. The grants helped fund the first two phases of Community First! Village –– a multi-phase development to provide affordable, permanent housing for the chronically homeless in Austin, Texas. On Thursday, representat
MyCase Transforms the Invoice Management Cycle with Split Billing
AUSTIN, Texas--(BUSINESS WIRE)-- #billing--MyCase, a leading law practice management software designed for the modern law firm, announced today its new split billing feature for law firms managing invoices. This new feature fully automates the division of invoices and modernizes the billing process for firms with complex financial management needs. MyCase Split Billing is designed to transform how law firms manage payments involving multiple clients and minimize the risk of human error. According to the 2
Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments
RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers across fintechs, merchants, and consumers to better understand if ecosystem priorities are aligned. Ove
American Premium Craft Whiskey Distillery & Brand Selling at Auction
LOUISVILLE, Ky.--(BUSINESS WIRE)-- #Louisville--Tranzon Asset Advisors is overseeing the sale of a well-established premium craft whiskey distillery and brand through a sealed bid auction.
Bloomreach is Named a Visionary in the 2024 Gartner® Magic Quadrant™ Multichannel Marketing Hubs
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Bloomreach, the platform fueling limitless ecommerce personalization, today announced it has been named a Visionary in the 2024 Gartner® Magic Quadrant™ Multichannel Marketing Hubs. Fueled by an innate understanding of customers and the speed and scale of Loomi AI, Bloomreach is empowering marketers around the world to bring omnichannel personalization to life. “Bloomreach has always been guided by a strong vision of product innovation that can drive succ
Over a Third of Medical Practices Can’t Cite Cybersecurity Response Plan Amidst New Legislative Push
AUSTIN, Texas--(BUSINESS WIRE)--Software Advice research details six critical elements for a healthcare cybersecurity response plan.
Braze Named a Leader in 2024 Magic Quadrant™ for Multichannel Marketing Hubs for Second Consecutive Year
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced that it has been positioned by Gartner® as a Leader in the 2024 Magic Quadrant for Multichannel Marketing Hubs, marking the company’s second consecutive position as a Leader. The evaluation was based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute. “We believe being recognized as a Leader