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Trade Tensions Reshaping U.S. Corporate Strategy, HSBC Survey Finds

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--U.S. companies remain optimistic about future international expansion despite facing cost pressures, disrupted supply chains and ongoing uncertainty more acutely when compared to global peers, according to HSBC’s inaugural Trade Pulse survey. Despite current headwinds, American businesses remain optimistic about long term international growth and most are increasing reliance on the U.S. market in the immediate term. The survey captured responses from over 5,700 intern

Cantor Fitzgerald expands asset management capabilities with acquisition of UBS’s O’Connor alternatives investment platform

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald (“Cantor Fitzgerald” and the “Company”), a leading global financial services firm, today announced it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit and commodities, with approximately $11 billion in invested assets. This acquisition will significantly bolster Cantor Fitzgerald’s Asset Management (“CFAM”) capabilities and supports the Company’s broader gro

Fraudsters Have the Edge, but Financial Institutions Are Fighting Back: New DataVisor Report Unveils 2025’s Top Threats and Strategic Priorities

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, released its 2025 Executive Report, highlighting the escalating challenges organizations face in combating sophisticated fraud schemes. The report underscores a significant shift in the fraud landscape, with 75% of surveyed institutions acknowledging that bad actors are leveraging generative AI more effectively than legitimate organizations. From deepfakes to synthetic identities, criminal

David Droga to Step Down as Accenture Song CEO, Appointed Accenture Vice Chair

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--Accenture today announced that chief executive officer of Accenture Song, David Droga, has chosen to step down from day-to-day leadership.

Acrisure Acquires Payroll Business from Global Payments for $1.1 Billion to Expand its Fintech Product Offering

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Acrisure today announced the signing of a definitive agreement to acquire Global Payments’ (NYSE: GPN) payroll business, Heartland Payroll Solutions (“Heartland Payroll”), one of the leading payroll and Human Capital Management (HCM) companies in the United States for $1.1 billion. Upon completion of the transaction, Heartland Payroll – which will be rebranded after closing – will significantly expand Acrisure’s current payroll and HCM capabilities and adva

Endace Secures FIPS 140-3 Validation for EndaceProbe Packet Capture and Network Recording Appliances

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
AUSTIN, Texas & AUCKLAND, New Zealand--(BUSINESS WIRE)--Packet capture authority, Endace, today announced that EndaceProbe has achieved FIPS (Federal Information Processing Standard) 140-3 validation from the U.S. National Institute of Standards and Technology (NIST). The rigorous evaluation process formally validates that EndaceProbe hardware and software conforms to the latest cryptographic security framework, giving customers in government, defense, and regulated industries such as critical

The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™: U.S. Latino Economy Hits $4 Trillion, Surpassing UK and India

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
LOS ANGELES--(BUSINESS WIRE)-- #LatinoDonorCollaborative--The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™

Saba Capital Reaches Agreement with CQS Natural Resources Growth & Income PLC

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced that it has entered into a standstill agreement (the “Agreement”) with CQS Natural Resources Growth & Income PLC (CYN:LSE) (“CYN” or the “Trust”) following constructive negotiations with the Board aimed at achieving an outcome that benefits all shareholders. Under the terms of the Agreement and subject to shareholder approval, the Trust will conduct a tender off

Saviynt Study: Majority of Cybersecurity Professionals See AI Certifications as Career Boost Amid Global Talent Shortage

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
BANGALORE, India--(BUSINESS WIRE)--Saviynt, a leading provider of cloud-native identity and governance platform solutions, today released findings from its Identity Security for the AI Age (ISAA) program survey. The most striking insight: 94% of learners believe employers prefer hiring professionals with certifications – highlighting the growing importance of credentials in the evolving identity security landscape. To directly address this growing desire from employers, Saviynt launched the no

Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year

Lastest from Businesswire - Wed, 05/28/2025 - 02:40
OMAHA, Neb. & KUWAIT CITY--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait’s national electronic banking company, today announced that WAMD, Kuwait’s real-time payment system, recorded significant growth in the number of transactions processed since its launch in June of 2024, making WAMD one of the world’s most rapidly adopted real-time payment initiatives. KNET utilized ACI's Digital Central Infrastructure solution to build

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