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AM Best to Participate at Reinsurance Association of America’s Re Underwriting 2025
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will deliver a presentation at the Reinsurance Association of America’s (RAA) “Re Underwriting 2025: The Art and Science of Reinsurance Underwriting – Fundamentals and Current Issues,” event, which will take place Sept. 4-5, 2025, in New York, NY, at The Westin Grand Central Hotel. AM Best Director Greg Dickerson will lead a session, titled, “Financial Analysis: Evaluating Balance Sheet Strength and Counterparty Risk,” during which he will discuss how AM
Hebbia Integrates with Microsoft Azure AI Foundry to Elevate Financial Analysis
NEW YORK--(BUSINESS WIRE)--Hebbia, a leading AI platform for finance, today announced the integration of GPT-5, available through Microsoft Azure AI Foundry, into its flagship platform, powering secure, AI-driven solutions at scale to investment banking, private equity, asset management, and credit teams. With advanced AI embedded in Hebbia’s Matrix platform, professionals can uncover critical insights they’d otherwise miss and accelerate high-value tasks—from due diligence and market intellige
Welcome Tech Raises $7.5M to Scale AI-Powered Platform Connecting Immigrant Workforce with U.S. Employers
LOS ANGELES--(BUSINESS WIRE)--Welcome Tech, the leading digital platform serving immigrant workforces and the employers who rely on them, today announced the close of a $7.5 million funding round. The capital will accelerate the development of Welcome Tech’s proprietary AI infrastructure and expand its workforce engagement platform, which connects immigrant workers to essential services – including jobs, healthcare, and financial tools – at the highest quality and lowest cost. This funding mile
KBRA Releases Research – Retail Sales Grow in July as Revised Jobs Data Augurs Cooling Conditions
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research discussing recent strength in retail sales performance amid concerns that tariff-related headwinds may weigh on spending later this year. Click here to view the report. Recent Publications Retail Sales Return to Growth in June as Inflationary Expectations Ease Van Hesser’s 3 Things in Credit: A Weekly Podcast About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rat
ProShares Launches Only ETF to Target 2x Daily Returns of the S&P 500 Equal Weight Index
BETHESDA, Md.--(BUSINESS WIRE)--ProShares launches Ultra S&P 500 Equal Weight (URSP), the only ETF designed to target 2x the daily returns of the S&P 500 Equal Weight Index.
Western Union Allows You to Carry out International Operations and Exchange Dollars Through WhatsApp
LIMA, Peru--(BUSINESS WIRE)--Western Union® incorporates WhatsApp Business as a new service channel for its customers in Peru, making it easier to carry out transactions quickly and reliably. Through this tool, users will be able to send money to more than 200 countries and territories, as well as buy or sell dollars, all from the comfort of their cell phone. For many, WhatsApp is simply a messaging tool. For Western Union Peru, it represents a new way of approaching its customers, providing th
KBRA Assigns AA Rating, Stable Outlook to the Cities of Dallas and Fort Worth, TX Airport Joint Revenue Refunding and Improvement Bonds
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Joint Revenue Refunding and Improvement Bonds Series 2025A-1 (AMT), Joint Revenue Refunding and Improvement Bonds SeriesA-2 (AMT) and Joint Revenue Refunding and Improvement Bonds Series 2025B (Non-AMT) issued by the Cities of Dallas and Fort Worth, TX ("the Cities") on behalf of Dallas/Fort Worth International Airport ("DFW" or "the Airport"). Concurrently, KBRA affirms the long-term AA rating on outstanding Joint Revenue
Alignment Credit Provides Senior Secured Term Loan Commitment to REGO Restaurant Group
NEW YORK--(BUSINESS WIRE)--Alignment Credit, a leading provider of strategic credit solutions for growth and lower middle-market companies, acted as the sole lead arranger and administrative agent for a senior secured credit facility to REGO Restaurant Holdings IV, LLC (”REGO” or the “Company”) to refinance previous debt facilities and provide capital for growth. Based out of Denver, REGO is a restaurant platform that is (i) the franchisor of Quiznos, a Denver based toasted sandwich QSR brand f
Chase Supports Customers with Transition to Direct Deposit for Government Payments
NEW YORK--(BUSINESS WIRE)--In light of the U.S. Department of the Treasury's recent announcement to phase out paper checks for most federal payments by September 30, 2025, Chase is committed to supporting our customers through this transition. As direct deposit becomes the default method of payment, customers who currently receive paper checks are encouraged to enroll in direct deposit to enjoy a safer, faster and more convenient way to receive their benefits. “Direct deposit is not only a more
WP Engine Achieves ISO 27001:2022 Certification, Underscoring Security and Performance for Managed Hosting
AUSTIN, Texas--(BUSINESS WIRE)-- #WPEngineNitroPack--WP Engine, a global web enablement company providing premium products and solutions for websites built on WordPress®1, today announced it has successfully achieved ISO 27001:2022 certification for its Information Security Management System (ISMS). Issued by A-LIGN upon completion of a formal audit process, WP Engine’s platform demonstrated it has met rigorous standards for managed hosting for WordPress and headless WordPress. This new certification builds on its
JKS Financial Strengthens Regional Presence with New Office in Sewickley
PITTSBURGH--(BUSINESS WIRE)--JKS Financial, a leading financial services and wealth management firm, announces the opening of its new office location in Sewickley, PA. This expansion reflects JKS Financial’s continued growth and its commitment to delivering personalized, high-quality financial planning and wealth management services to clients across the Pittsburgh region. The new office, located at 2591 Wexford Bayne Rd, Suite 402, will provide a convenient location for clients in communities
Ualett Celebrates 7th Anniversary with Major Hiring Push and Expansion
WILMINGTON, Del. & MIAMI--(BUSINESS WIRE)--Ualett, the bilingual fintech platform built for gig economy workers throughout the United States, is celebrating its 7th anniversary with major milestones: launching a collaboration with Foundever®, a global leader in the customer experience (CX) industry, to serve customers from a bilingual operational hub in Colombia, and initiating a hiring campaign in the Dominican Republic. These strategic expansions underscore Ualett’s accelerating growth, cultu
Visa to Host Visa Payments Forum in San Francisco through 2030
SAN FRANCISCO--(BUSINESS WIRE)--Visa will hold its annual Visa Payments Forum at San Francisco’s Moscone Center for the next five years.
Churchill Asset Management Appoints Michael Foley as Head of Institutional
NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC, an investment specialist of Nuveen, announced the appointment of Michael Foley as Senior Managing Director, Head of Institutional. Mr. Foley will be responsible for leading Churchill’s institutional fundraising strategy, strengthening existing and building new client relationships globally. He will report to President & CEO Ken Kencel and sit on the firm’s Operating Committee. Mr. Foley will also assume the role of Co-Head of Instit
CSI Appoints Michel Jacobs as Chief Strategy Officer
PADUCAH, Ky.--(BUSINESS WIRE)--CSI welcomes Michel Jacobs as its new chief strategy officer.
Mountaingate Capital Announces Sale of Bold Orange
DENVER--(BUSINESS WIRE)--Mountaingate Capital Announces Sale of Bold Orange
MassMutual and Orion Launch All-in-One Wealthtech Platform to Accelerate Advisor Growth
SPRINGFIELD, Mass. & OMAHA, Neb.--(BUSINESS WIRE)--MassMutual, a leading mutual life insurance and financial services company, and Orion, a premier provider of wealthtech solutions for financial advisors and enterprise firms, today announced the addition of a new Wealth Management Solutions (WMS)-Orion platform. This collaboration brings an integrated, flexible technology and investment experience to MassMutual’s network of more than 6,500 affiliated financial professionals nationwide. The plat
Andersen Consulting Adds Collaborating Firm Skribble
SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting expands its strategy and business transformation capabilities through a Collaboration Agreement with Skribble.
AIG to Participate in the 2025 KBW Insurance Conference
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in the 2025 KBW Insurance Conference on Wednesday, September 3, 2025, at 4:20 p.m. ET. A link to the live, audio webcast will be available in the Investors section of AIG’s website: https://www.aig.com. A replay will be available afterward at the same location. About AIG American International Group, Inc. (NYSE: AIG) is a lead
MAI Capital Management Announces Strategic Partnership with Evoke Advisors
CLEVELAND & LOS ANGELES--(BUSINESS WIRE)--MAI Capital Management strategically partners with Evoke Advisors. Together, the firm will manage approximately $60 billion across over 30 offices.