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One Year Later: FHLBank Chicago’s $2 Million AHP Grant Helps Deliver 40 New Homes in Rural Wisconsin

Lastest from Businesswire - 24 min 2 sec ago
HAYWARD, Wis.--(BUSINESS WIRE)--One year after breaking ground, Trailview Cottages, a 40-unit workforce and affordable housing community in Hayward, Wisconsin, is fully occupied and providing residents with access to on-site workforce training. The development received a $2 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Chicago (FHLBank Chicago), awarded in partnership with FHLBank Chicago member IFF. Impact Seven led development of Trailview Cottages, with ad

Meta Is Back in the AI Race. Muse Wonder Just Ranked #2 for Accounting, According to DualEntry Accounting AI Benchmark

Lastest from Businesswire - 24 min 2 sec ago
NEW YORK--(BUSINESS WIRE)--Meta's new Muse Wonder model got 83.2% of tasks right on the DualEntry Accounting AI Benchmark, tying for second place among 57 AI models tested. Its predecessor, Muse Spark 1.1, scored 61.4% on the same tasks. Meta released Muse Wonder on October 12 and called it its most capable model to date. On accounting work, it now sits ahead of every OpenAI and Google model on the benchmark and level with Anthropic's Claude Fable 5. Only Grok 4.5 scored higher, at 84.2%. Key r

Zumigo Makes the Mobile Phone a Frictionless and Fraud-Aware Anchor of Digital Identity, Checking for SIM Swaps and Takeover Behind Every Silent Login

Lastest from Businesswire - 24 min 2 sec ago
SAN JOSE, Calif.--(BUSINESS WIRE)--Zumigo announces fraud-aware silent authentication that verifies customers by phone and returns SIM swap signals to help stop account takeover.

Palmer Square Capital BDC Inc. Announces Third Quarter 2026 Earnings Release and Conference Call

Lastest from Businesswire - 24 min 2 sec ago
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that it will release its financial results for the third quarter ended September 30, 2026, before the market opens on Wednesday, November 4, 2026. Palmer Square will host a conference call at 1:00 pm ET that day to review its financial performance and conduct a question-and-answer session. To participate in the

Varo Bank Now Offers Fee-Free In-Store Cash Add Capabilities Nationwide

Lastest from Businesswire - 24 min 2 sec ago
SAN FRANCISCO--(BUSINESS WIRE)--Varo Bank, N.A., the first all-digital, nationally chartered consumer bank in the U.S., today announced it will extend the program long term, expanding fee-free digital cash add capabilities for Varo customers across more than 2,000 Kroger Family of Stores locations nationwide. Launched as a pilot in July 2026 the initiative sparked an immediate surge in new customers visiting Kroger locations to digitally add cash to their accounts. The decision to extend the pr

MDOTM Expands New York Operations, Bolstering U.S. Presence for Asset and Wealth Management Sector

Lastest from Businesswire - 24 min 2 sec ago
NEW YORK--(BUSINESS WIRE)--MDOTM Ltd., a global provider of AI-driven investment solutions for asset and wealth management companies, today announced an expansion of its New York office to strengthen its U.S. presence and build on its relationships with institutional clients nationwide. The expansion follows MDOTM’s recent $27 million growth equity investment led by Expedition Growth Capital and reflects the company’s continued investment in serving asset and wealth management firms. MDOTM’s AI

The Hartford Announces Leadership Changes

Lastest from Businesswire - 24 min 2 sec ago
HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford announced expanded roles for two key executives, and appointed a new chief risk officer, in a leadership and organizational change that will take effect Nov. 2. Data and Artificial Intelligence will be combined with the Technology organization, under Chief Information Officer Shekar Pannala’s leadership. Chief Claims Officer Stephen Deane will oversee the company’s Operations in addition to his current role as head of Claims. Additionally, Chief Fi

Nextdoor Announces 2026 Fave Award Winners, Celebrating Neighborhood Favorites

Lastest from Businesswire - 24 min 2 sec ago
SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor Holdings, Inc. (Nasdaq: NXDR), the essential neighborhood network, today announced the U.S. winners of the 2026 Fave Awards, recognizing the local businesses neighbors love most. Winners were decided by neighbor voting, making this year’s list incredibly useful. Votes cast by neighbors between Sept. 4 and Sept. 30 were counted, and the full winners list is live at nextdoor.com/fave_awards_winners.Nextdoor neighbors in the U.S. cast about 5 million votes f

Walker & Dunlop Arranges $110 Million Refinancing for Two Multifamily Properties in Stafford, Texas

Lastest from Businesswire - 24 min 2 sec ago
BETHESDA, Md.--(BUSINESS WIRE)--Walker & Dunlop arranged a $110,000,000 refinancing for 1879 at the Grid and Arc at the Grid, two Class A multifamily properties in Stafford, Texas.

Kennedy Wilson Partners With Hulic and Fuyo General Lease (USA) Inc. on 312-Unit Multifamily Community in San Jose

Lastest from Businesswire - 24 min 2 sec ago
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Kennedy Wilson, a global real estate investment company, has closed on a three-party joint venture with Hulic Co., Ltd. and Fuyo General Lease (USA) Inc. to acquire One South Market, a 312-unit multifamily community in downtown San Jose, California for $176 million. The transaction marks Kennedy Wilson’s fifth joint venture with Hulic and its first partnership with Fuyo General Lease (USA) Inc.Built in 2015, One South Market is located adjacent to San Pedr

Saluda Grade and Zippy Announce $20 Million Series C and Strategic Partnership to Accelerate Next Phase of Manufactured Housing Finance Growth

Lastest from Businesswire - 24 min 2 sec ago
NEW YORK & DALLAS--(BUSINESS WIRE)--Saluda Grade, an alternative investment firm specializing in asset-backed credit, today announced a $20 million Series C investment in Zippy, a technology-enabled originator and servicer focused exclusively on manufactured housing finance. Saluda Grade served as the sole investor through its growth equity strategy. In addition to providing capital, the firm will work alongside Zippy on credit, capital markets, balance sheet management, and product development

Payward to Acquire Saldo Bank, Expanding Payward Banking Across Europe

Lastest from Businesswire - 24 min 2 sec ago
CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, Inc. ("Payward"), a unified financial infrastructure platform, today announced it has signed a definitive agreement to acquire Saldo Finance Oy, a Finnish holding company whose subsidiary, Saldo Bank UAB (“Saldo Bank”), is a digital-first specialized bank licensed in Lithuania with passporting across five European markets. The acquisition marks the next major step in the buildout of Payward Banking, the money layer of Payward's financial infrastructure

BlackRock Reports Third Quarter 2026 Earnings

Lastest from Businesswire - 24 min 2 sec ago
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today released its financial results for the third quarter of 2026. The company’s earnings release and supplemental materials are available via ir.blackrock.com/quarterlyresults. Teleconference and Webcast Details Chairman and Chief Executive Officer, Laurence D. Fink, President, Robert S. Kapito, and Chief Financial Officer, Martin S. Small, will host a teleconference call for investors and analysts at 7:30 a.m. ET. Members of the public w

Up Capital Management Introduces the Wealth Score, One Number for How Much of Your Financial Life Is Designed on Purpose

Lastest from Businesswire - 24 min 2 sec ago
ROSEVILLE, Calif.--(BUSINESS WIRE)--Up Capital Management, a fee-only fiduciary wealth management firm, today introduced the Wealth Score, a free 12-question assessment that distills how much of a person’s financial life is designed on purpose into one number, as the starting point for a review and strategy conversation with an advisor.It looks at four dimensions of a financial life (how it is structured, how it is experienced, what it is anchored to, and what it is for), then reads the strength

High Side Technology Achieves Final CMMC Level 2 Certification

Lastest from Businesswire - 24 min 2 sec ago
CHARLESTON, S.C.--(BUSINESS WIRE)-- #CMMC--High Side Technology, Inc. (HST) has achieved Final Cybersecurity Maturity Model Certification (CMMC) Level 2 status following a formal assessment conducted by Kratos Technology & Training Solutions, Inc., a certified CMMC Third-Party Assessment Organization (C3PAO). The assessment validated that HST has implemented all 110 security requirements of the National Institute of Standards and Technology Special Publication (NIST SP) 800-171 within the environme

Pear VC Raises $333M Fund V to Double Down on Finding Founders Before the Market Does

Lastest from Businesswire - 24 min 2 sec ago
MENLO PARK, Calif.--(BUSINESS WIRE)--Pear VC today announced the close of its $333 million Fund V, bringing the firm’s total assets under management to more than $1.1 billion. Pear also announced the promotion of Arash Afrakhteh, Ajay Kamat, and Shravan Reddy to General Partner. As capital concentrates in fewer, larger firms, all competing for companies once they start to break out, Pear will continue to focus where it always has: reaching founders earlier. Since its founding in 2013, Pear has

Comvest Credit Partners Co-Founder and Investment Committee Member Daniel Lee Joins Star Mountain Capital as Managing Director

Lastest from Businesswire - 24 min 2 sec ago
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing, employee-owned investment firm with ~$5 billion in assets under management (“AUM”), is pleased to announce that Daniel Lee has joined the firm as Managing Director, where he focuses on investment originations and business development. Mr. Lee brings extensive experience working with business owners and private equity sponsors to help create bespoke finance and private equity investment solutions. His 30

Pretium Expands Middle East Presence with Abu Dhabi Office

Lastest from Businesswire - 6 hours 24 min ago
NEW YORK & ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Pretium, a specialized investment firm with approximately $70 billion in assets under management1, today announced the opening of an office in Abu Dhabi. The office will operate within Abu Dhabi Global Market (“ADGM”), the international financial center of Abu Dhabi, providing proximity to some of the world’s leading institutional investors. The Abu Dhabi office marks an important step in the continued evolution of Pretium’s business.

National Survey: Growing Number of Payment Options Could Make It More Challenging for Middle-Income Families to See Full Financial Picture

Lastest from Businesswire - 6 hours 24 min ago
DULUTH, Ga.--(BUSINESS WIRE)--As middle-income Americans continue to navigate tight household budgets, a growing number of installment, recurring and automated payments may be creating financial blind spots that make it harder to maintain a clear view of their finances, according to the latest Primerica Financial Security Monitor™ survey. While most measures of household financial health have remained relatively consistent in recent quarters, many families continue to feel stretched financially

Frazier Life Sciences Acquisition Corp. II Announces Pricing of $75,000,000 Initial Public Offering

Lastest from Businesswire - Tue, 10/13/2026 - 22:11
PALO ALTO, Calif.--(BUSINESS WIRE)--Frazier Life Sciences Acquisition Corp. II (the “Company”), a special purpose acquisition company, announced today that it priced its initial public offering of 7,500,000 Class A ordinary shares at a price of $10.00 per share. The Class A ordinary shares will be listed on The Nasdaq Capital Market and trade under the ticker symbol “FLSC” beginning on October 14, 2026. The offering is expected to close on October 15, 2026, subject to customary closing conditio

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