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Leading Bank Awards Verint $11 Million Contract for AI-Powered Agent Copilot Bot
MELVILLE, N.Y.--(BUSINESS WIRE)-- #AI--Verint® (NASDAQ: VRNT), The CX Automation Company™, today announced that a leading bank awarded Verint an $11 million contract for its AI-powered Agent Copilot Bot to assist 6,500 agents in their contact center.* The bank’s contact center agents speak with customers for approximately 400 million minutes each year. The Verint AI-powered bot is designed to listen to these calls in the background and provide agents with real-time assistance, including coaching and
Investors Title Company Announces Third Quarter 2024 Results
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) today announced results for the third quarter ended September 30, 2024. The Company reported net income of $9.3 million, or $4.92 per diluted share, compared with $7.1 million, or $3.75 per diluted share, for the prior year period. Revenues increased 12.1% to $68.8 million, compared to $61.4 million in the prior year period, primarily due to an increase in net premiums written and a positive change in net investment gain
Dubin Clark Announces Sale of United Safety and Survivability Corporation (“USSC”) Marking Second 2024 Monetization
JACKSONVILLE BEACH, Fla.--(BUSINESS WIRE)--Dubin Clark, a private equity firm focused on building niche market leaders in the lower middle market, announced today that it has sold portfolio company United Safety & Survivability Corporation (“USSC” or the “Company”) to Cogenuity Partners. United Safety & Survivability Corporation designs, engineers and manufactures some of the leading safety and survivability products for niche markets including bus, subway, light rail, transit, military
Alterra IOS and J.P. Morgan Asset Management Announce Sale of 51-Property Industrial Outdoor Storage Portfolio
PHILADELPHIA--(BUSINESS WIRE)--Alterra IOS, a prominent player in the industrial outdoor storage (IOS) sector that has acquired over 280 sites nationwide, today announced the sale of a 51-property portfolio to Peakstone Realty Trust in an off-market transaction valued at $490 million. The portfolio, which spans 14 states, was purchased from a joint venture between Alterra IOS and institutional investors advised by J.P. Morgan Asset Management. It includes 45 operating sites and six redevelopmen
NJ Bio and Charles River Announce a Strategic Alliance to Advance ADC Development and Manufacturing Services
PRINCETON, N.J.--(BUSINESS WIRE)---- $ADCS #ADCS--NJ Bio and Charles River announce a Strategic Alliance to seamlessly advance ADC Development and Manufacturing Services for Clients.
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by E*TRADE Securities LLC, Member SIPC. Investment advisory services offered by E*TR
Elevate Patient Financial Solutions Acquires NYX Health Eligibility Services to Deepen RCM Offering
SPRING, Texas--(BUSINESS WIRE)--Elevate Patient Financial Solutions (“ElevatePFS” or the “Company”), a leading provider of technology-enabled specialty RCM solutions, is pleased to announce the acquisition of NYX Health Eligibility Services (“NYX”), a provider of RCM solutions focused on front-end complex claims including eligibility verification and enrollment services. This acquisition strengthens ElevatePFS’ current eligibility and enrollment capabilities and reinforces the Company’s commitm
Zeta Economic Index (ZEI) Indicates Healthy Underlying Growth Fundamentals as US Economy Continues to Expand
NEW YORK--(BUSINESS WIRE)--Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today released the Zeta Economic Index (ZEI) for October 2024. The ZEI is one of the first AI-powered economic indexes, utilizing Zeta's proprietary Generative AI technology and real-time consumer behavior from over 240 million US consumers to reflect the current state and trajectory of the US economy. The ZEI’s primary measure of US economic health, the Economic Index Score (EIS) registered 68.5 points, essent
Stewart Executive Vice President Lou Pontani Honored with HousingWire’s 2024 Tech Trendsetters Award
HOUSTON--(BUSINESS WIRE)--Stewart Information Services Corporation (NYSE:STC) announced today that Lou Pontani is a recipient of the 2024 Tech Trendsetters award presented by HousingWire. The annual award, now in its sixth year, recognizes the most impactful and innovative technology leaders serving the housing economy. Pontani serves as Executive Vice President, Information Technology & Enterprise Operations where he oversees Stewart's strategic operational priorities and digital strategy,
Vidyard Named Salesloft’s Preferred Video Partner to Enhance Sales Engagement with AI-Powered Video Messaging
KITCHENER, Ontario--(BUSINESS WIRE)-- #SalesEngagement--Video messaging leader Vidyard today announced that it has been selected by Salesloft, the leading Revenue Orchestration Platform, as its Preferred Video Partner. Vidyard Messages integration with Salesloft allows users to enhance customer and prospect engagement by incorporating personalized video messages leveraging Vidyard AI Avatars directly into their email workflows. Sales teams using the two platforms together can now personalize their outbound commun
Sprinklr Appoints Rory Read as President & Chief Executive Officer; Founder Ragy Thomas Continues as Chairman of the Board
NEW YORK--(BUSINESS WIRE)---- $CXM #CX--Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced the appointment of Rory Read as President & Chief Executive Officer and a member of its Board of Directors, effective November 5, 2024. Mr. Read will succeed Ragy Thomas, who will transition from his Co-CEO role to Advisor to the CEO and work closely with Mr. Read while continuing to serve as Founder and Chairman of the Board. Trac Pham w
American Express Global Business Travel Reports Strong Q3 2024 Financial Results, Raises 2024 Free Cash Flow Guidance and Announces $300 Million Share Buyback Authorization
NEW YORK--(BUSINESS WIRE)--Amex GBT Reports Strong Q3 2024 Financial Results, Raises 2024 Free Cash Flow Guidance and Announces $300 Million Share Buyback Authorization
Rocky Mountain Credit Union and UnitedOne Credit Union Launch Mahalo’s Thoughtful Banking Platform
TROY, Mich.--(BUSINESS WIRE)-- #automation--Mahalo Banking today announced that Rocky Mountain Credit Union and UnitedOne Credit Union are now live on its enhanced Thoughtful Banking® platform.
Technology Holdings Has Expanded Operations into Brazil, Driving Growth in Latin America
SAO PAULO--(BUSINESS WIRE)--Technology Holdings (TH), an award-winning global boutique investment bank with a track record of closing transactions in 24 countries, proudly announces its strategic expansion into Brazil, leveraging digital transformation within one of Latin America’s largest economies. This move significantly strengthens Technology Holdings’ presence in the rapidly growing Latin American market, enabling the firm to play a vital role in the region's expanding M&A landscape. A
Payoneer Reports Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ: PAYO) today reported financial results for its third quarter ended September 30, 2024.
Core Scientific Announces October 2024 Production and Operations Updates
AUSTIN, Texas--(BUSINESS WIRE)---- $CORZ #aicloud--Core Scientific Announces October 2024 Production and Operations Updates
Palmer Square Capital BDC Inc. Announces Third Quarter 2024 Financial Results
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) (“PSBD” or the “Company”), an externally managed business development company, today announced its financial results for the third quarter ended September 30, 2024. Financial and Operating Highlights Total investment income of $37.3 million for the third quarter of 2024, compared to $28.8 million for the prior year period Net investment income of $15.7 million or $0.48 per share for the third quarter of 2024, as c
One Equity Partners Completes Sale of Dragonfly Financial Technologies to FIS
NEW YORK--(BUSINESS WIRE)-- #banking--One Equity Partners Completes Sale of Dragonfly Financial Technologies to FIS
SLR Credit Solutions Agents Senior Credit Facility for Eclipse RTO
BOSTON--(BUSINESS WIRE)--SLR Credit Solutions (“SLR CS”) announced the closing of a Senior Credit Facility comprised of a term loan and revolver for Eclipse RTO (“Eclipse” or the “Company”), a leading rent-to-own operator specializing in furniture, appliances, and electronics. Eclipse is a portfolio company of CMG Companies (“CMG” or the “Sponsor”). The financing has a first lien on all assets and was supported by the Company’s rent-to-own contractual lease stream. Proceeds from the facility we
Bowhead Specialty Holdings Inc. Reports Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW), a growing specialty lines insurance group focused on providing casualty, professional liability and healthcare liability insurance products, today announced financial results for the third quarter ended September 30, 2024*. Third Quarter 2024 Highlights Gross written premiums increased 32.3% to $197.0 million. Net income of $12.1 million, or $0.36 per diluted share. Adjusted net income(1) of $12.5 million, or $0.38 per dilu