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Veeam Positioned as a Leader in the 2024 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions for the Eighth Consecutive Time
SEATTLE--(BUSINESS WIRE)-- #DataProtection--Veeam named by Gartner as a Magic Quadrant Leader and positioned Highest in Ability to Execute five years in a row
Vivace Announces Growth Investment from Cerberus
NEW ORLEANS & NEW YORK--(BUSINESS WIRE)--Vivace International Corporation (“Vivace” or the “Company”), a manufacturer of specialty propulsion tanks for space and defense applications, today announced that it has received a growth capital investment from an affiliate of Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing. Building upon the Company’s successes to date, the investment will support Vivace’s current work on important national security programs an
Nacha Announces Visa as Preferred Partner
RESTON, Va.--(BUSINESS WIRE)--Nacha announced that Visa, a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation. Through Tink, an open banking platform acquired by Visa in 2022, Visa combines the power of its payments and open banking expertise to build innovative products that optimize ACH payment experiences, making it easier for users to connect accounts and provide trusted parties with access to their financial da
Airwallex is Named to the 2024 Forbes Cloud 100
SAN FRANCISCO--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, has been named to the Forbes 2024 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. This is the fourth year that Airwallex has been named to the list. "Airwallex is on a mission to unlock borderless economic opportunities for global businesses,” said Jack
Interactive Brokers Expands Global Market Access with Bursa Malaysia
GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers (Nasdaq: IBKR) announced that clients can now access listed derivatives on Bursa Malaysia, one of the largest bourses in ASEAN.
Boostly Secures $5.6 Million Seed Round to Provide Rocket Fuel for Restaurants
LEHI, Utah--(BUSINESS WIRE)--Boostly, an innovative marketing platform for restaurants, has raised $5.6 million in seed funding led by Trestle Partners, with participation from Relish Works, Singularity Capital, and Y Combinator. This investment will accelerate Boostly's mission to provide rocket fuel for restaurants by leveraging customer data to drive orders and revenue with minimal effort. “We are incredibly excited about our partnership with Boostly,” said Thomas Babcock, Founder and Partne
Celero Commerce Acquires SONA
NASHVILLE, Tenn.--(BUSINESS WIRE)-- #Fintech--Celero Commerce (“Celero”), Tennessee’s fastest-growing financial services company (INC 500), today announced the acquisition of SONA, a provider of electronic payments technology to businesses across Canada. With the addition of Halifax Nova Scotia-based SONA, Celero will process approximately $26 billion in annual card volume across North America. Founded in 2016, SONA offers payment solutions for small and medium-sized merchants, providing them with pricing
Farmstead Manufacturing Continues Expansion with Opening of New Warehouse in Leeds, Utah
LEEDS, Utah--(BUSINESS WIRE)--Farmstead Manufacturing has announced the opening of their new production warehouse in Leeds, Utah.
Seward & Kissel Promotes Casey Jennings to Partner
NEW YORK--(BUSINESS WIRE)--Seward & Kissel LLP is pleased to announce that Casey Jennings has been promoted to partner. A member of the Investment Management Group working from Seward & Kissel’s Washington, D.C. office, Jennings is a key member of the firm’s industry-leading regulatory practice. He advises investment advisers, fund sponsors, and non-bank financial institutions on regulatory issues relating to cybersecurity and data privacy, anti-money laundering, lending services, and s
Help over Hype: LegalShield Study Finds More Americans Have a Will, but Remain Wary of Technology’s Role in Estate Planning
ADA, Okla.--(BUSINESS WIRE)--Against a backdrop of news lauding developments in AI and its potential uses in the legal sector, a study by LegalShield revealed skepticism toward the use of new software solutions for will development. Even as an increasing number of Americans are actively engaged in estate planning, more than three quarters of respondents revealed a strong inclination for live consultation with an attorney. “Everyone’s situation and context are unique, especially when it comes to
KBRA Assigns Preliminary Ratings to J.P. Morgan Mortgage Trust 2024-7 (JPMMT 2024-7)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 31 classes of mortgage pass-through certificates from J.P. Morgan Mortgage Trust 2024-7 (JPMMT 2024-7). The pool comprises 529 first-lien, fixed rate residential mortgage loans with an aggregate principal balance of $387.4 million as of the cut-off date. The pool includes both non-agency (78.9%) and agency-eligible (21.1%) loans. The weighted average original credit score is 742, which is well within the prime mortgage range. To acc
Fiduciary Trust International Welcomes New Senior Relationship Manager in New York Office
NEW YORK--(BUSINESS WIRE)--Fiduciary Trust International Welcomes New Senior Relationship Manager in New York Office
Affinity Foundation Announces 2024 Scholarship Winners
BASKING RIDGE, N.J.--(BUSINESS WIRE)--The Affinity Foundation has announced the recipients of its 2024 higher education scholarship program. Since its founding in 2005, this initiative has supported student members of Affinity Federal Credit Union in their pursuit of two- or four-year degrees. Each spring, the Affinity Foundation evaluates applicants based on academic performance, community engagement, and local leadership. “It’s been an honor to continue this program and connect with such amaz
Stratus Financial Announces New Up to $50 Million Forward Flow Facility with Monachil Capital Partners
IRVINE, Calif.--(BUSINESS WIRE)--Stratus Financial LLC (“Stratus” or the "Company"), a trusted consumer finance platform committed to providing student loans to aspiring student pilots at all levels of experience, today announced a forward flow facility of up to $50 million from funds managed by Monachil Capital Partners LP ("Monachil"). Stratus intends to use the new financing to originate new student loans, further diversifying its existing base of capital providers. The new financing partner
Milind Mehere, Founder and Former CEO of YieldStreet, Joins Board of Directors at Advisor360°
WESTON, Mass.--(BUSINESS WIRE)-- #ConnectedWealth--Milind Mehere, founder and former CEO of YieldStreet, joins Board of Directors at Advisor360°, a Weston, Mass-based enterprise wealth technology firm
Personiv Releases New Report on Finance & Accounting Talent Market
AUSTIN, Texas--(BUSINESS WIRE)-- #CFO--Personiv Releases New Report on Finance & Accounting Talent Market
Kestra Private Wealth Services and HF3 Wealth Partners Welcome New Advisor to Independence
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Private Wealth Services (Kestra PWS), a registered investment adviser subsidiary of Kestra Financial, Inc., today welcomed Rachel Eisenhart CFP®, ChFC®, AAMS™ to its community of independent financial professionals, in partnership with Alexandria, Virginia-based HF3 Wealth Partners (“HF3”), which joined the Kestra network in 2022. Located in Old Town Alexandria, the firm is led by Founder & Managing Partner David Tovey and serves a wide range of indivi
Galway Holdings Appoints Frank Mammaro as Chief Financial Officer
SAN FRANCISCO--(BUSINESS WIRE)-- #FinancialServices--Mammaro brings more than 20 years of financial and operational expertise to Galway Holdings, specializing in FP&A, M&A and business growth strategies
Elements Introduces “Target Scores” Tool for Financial Advisors
SALT LAKE CITY--(BUSINESS WIRE)--Elements, a financial vitals system that helps financial advisors serve clients faster, today announced the release of Target Scores, the newest feature added to the Elements financial planning ecosystem. Designed to enhance the advisor-client experience, Target Scores allow advisors to establish customizable and distinct goals for each Elements score on behalf of their clients. By setting strong financial standards, advisors can facilitate positive shifts in cl
TD Bank Announces Enhancements to TD Cash Secured Credit Card
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank today announced new enhancements to the rewards and benefits of its popular TD Cash Secured Credit Card™. The product will now leverage the same rewards structure offered by the TD Cash Credit Card, giving cardholders 3% Cash Back on a category of their choice, 2% on their second category, and 1% Cash Back on all other eligible purchases1. Customers will also be able to change their categories on a quarterly basis. "We want to make sure customers have