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Colbeck Capital to Attend ACG M&A East 2024

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Colbeck Capital Management, a leading middle-market private credit firm focused on strategic lending, is pleased to share that Jared Talisman, Managing Director, will be attending the ACG M&A East Conference, one of the largest annual M&A events in the country. The event will be held September 30-October 1 at the Philadelphia Marriott Downtown. M&A East will gather over 1,300 middle-market dealmakers – including capital providers, intermediaries and deal a

UserTesting Appoints Baran Erkel as Chief Strategy Officer

Thu, 09/26/2024 - 09:34
SAN FRANCISCO--(BUSINESS WIRE)-- #CX--UserTesting Appoints Baran Erkel as Chief Strategy Officer

Tetrix Announces $5 Million Seed Round to Transform Private Market Technology Infrastructure with AI

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Tetrix, whose mission is to empower capital allocators with AI-driven insights to navigate alternative investments, announced it has raised a $5 million seed round led by Innovation Endeavors with participation from prominent angels from Blackrock, CPPIB, SoftBank, Lending Club, and Plaid. Tetrix provides an enterprise solution that uses cutting-edge AI technology to transform messy and complex alternative investment data into clear, actionable insights, enabling bett

Viral Nation Debuts Free Digital Creator Guide Series on How to Succeed in Content Creation, Commemorating 10 Year Anniversary

Thu, 09/26/2024 - 09:34
TORONTO--(BUSINESS WIRE)--Viral Nation, social media marketing and creator agency with a social-first approach powered by its proprietary technology, is releasing 70 video lessons as part of a new ongoing series around becoming a creator and social media best practices. The Digital Creator Guide will cover creator tips and tricks for anyone seeking a career in content creation and will be published to a content library available on Viral Nation YouTube. The premiere of the Digital Creator Guide

American Banker Names Melissa Stevens to 2024 Most Powerful Women to Watch List

Thu, 09/26/2024 - 09:34
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bank is pleased to announce that Melissa Stevens, chief marketing officer, has been honored by American Banker for the sixth consecutive year and named to the 2024 Most Powerful Women to Watch list. The annual list highlights influential leaders at the top banks and financial institutions. “Melissa’s leadership, vision and commitment to achieving business results, combined with her ability to bring Fifth Third’s culture to life across our footprint, posi

Mojaloop Foundation to Host Webinar “Mojaloop Infrastructure and Deployment Options”

Thu, 09/26/2024 - 09:34
WAKEFIELD, Mass.--(BUSINESS WIRE)--The Mojaloop Foundation today announced it will host an upcoming webinar titled Mojaloop Infrastructure and Deployment Options, on October 24, 2024, at 11:00 a.m. UTC. As part of the Mojaloop Foundation’s Financial Inclusion Webinar Series, the event will feature a panel discussion on the various deployment options Mojaloop open source software supports and its infrastructure aspects. This webinar is a must-attend for policymakers, financial industry professio

PublicSquare Announces Tucker Carlson as a Speaker at the Inaugural PublicSquare Business Summit - Orlando, FL, October 10-11, 2024

Thu, 09/26/2024 - 09:34
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PublicSquare Announces Tucker Carlson as a Speaker at the Inaugural PublicSquare Business Summit - Orlando, FL, October 10-11, 2024

Siemens Launches Digital Decarbonization Tool at Climate Week NYC to Help Simplify the Path to Net-Zero Facilities

Thu, 09/26/2024 - 09:34
ISELIN, N.J.--(BUSINESS WIRE)--Siemens Financial Services launched the Decarbonization Business Optimizer (DBO™), a cloud-based tool created to help address the overwhelming complexity of decarbonizing buildings and the financing needed to get to net-zero emissions. The DBO is a free, digital web tool that removes the initial knowledge barrier and uncovers more efficient strategies to help decarbonize a company’s facilities. The scenario modeling and optimization tool aggregates and leverages d

Intuit Hosts Investor Day, Reaffirms First-Quarter and Fiscal 2025 Guidance

Thu, 09/26/2024 - 09:34
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, reaffirmed its financial guidance for the first quarter and full fiscal year 2025 in conjunction with its Investor Day, being held today at the company's Mountain View, CA headquarters. The event begins at 8:00 a.m. PT. "Intuit is the global AI-driven expert platform that is powering prosperity for consumers, small and

Airbase Demonstrates the Transformational Power of AI with the Launch of Touchless Accounts Payable

Thu, 09/26/2024 - 09:34
SAN FRANCISCO--(BUSINESS WIRE)--Airbase, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable). Digital transformation remains a top priority for 79% of finance leaders in 2024 according to Gartner. Yet, despite the availability of AP automation solutions, finance teams continue to struggle with manual, time-consuming processes that prevent them from focu

ClearBridge Energy Midstream Opportunity Fund Inc. Announces Change in Portfolio Management Team

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement

Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo’s strategic partner as well as Apollo’s subsidiary, Athene, bot

Armedia Achieves FedRAMP® Authorization for ArkCase

Thu, 09/26/2024 - 09:34
VIENNA, Va.--(BUSINESS WIRE)-- #ARKCASE--Armedia, a leader in advanced case management solutions, is excited to announce its achievement of Federal Risk and Authorization Management Program (FedRAMP®) Authorization to Operate (ATO) for its flagship open-source product, ArkCase. This milestone signifies adherence to federal security standards, establishing ArkCase as a trusted case management platform for public sector clients. The FedRAMP Authorization at the Moderate or Impact Level 3 was achieved with s

ValidMind Launches ValidMind Advantage Program to Bring Trust and Transparency to Third-Party AI Model Vendors

Thu, 09/26/2024 - 09:34
PALO ALTO, Calif.--(BUSINESS WIRE)--ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced the launch of the ValidMind Advantage program. This partner ecosystem is designed to provide early-stage and established fintech companies with the ability to test, document and validate their AI models in accordance with banks' regulatory requirements to ensure SR11-7, SS1-23, E23 and EU AI Act compliance. As AI adoption heats up for banks, en

NEOS Investments Announces September ETF Suite Distributions

Thu, 09/26/2024 - 09:34
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the September 2024 Ex-Div Date (9/25/2024)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Russell 2000 High Income

Tokenized Asset Coalition Announces New Member Cohort and Releases 2024 State of Tokenization Report

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Today the Tokenized Asset Coalition (TAC) released its second State of Tokenization Report, a comprehensive look at the industry with data and insights from a variety of TAC members. In addition, the TAC announced it has welcomed 21 new members into its ranks, a second cohort selected from more than 175 applicants. The Tokenized Asset Coalition champions the adoption of public blockchains, asset tokenization and institutional DeFi to dramatically alter the way capital

Amerant Bancorp Inc. Announces Pricing of Class A Voting Common Stock Offering

Thu, 09/26/2024 - 09:34
CORAL GABLES, Fla.--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) today announced the pricing of its public offering of 7,900,000 shares of its Class A voting common stock (the “common stock”), at a price to the public of $19.00 per share, for an aggregate offering amount of $150 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 784,210 shares of common stock at the public offering price, less underwr

Guggenheim Treasury Services Taps Zeconomy Platform to Issue the First-Ever On-Chain Digital Commercial Paper

Thu, 09/26/2024 - 09:34
NEW YORK--(BUSINESS WIRE)--Zeconomy, developers of AmpFi.Digital, a secure, blockchain platform for the issuance, trading, and governance of digital assets, today announced that Guggenheim Treasury Securities (“GTS”), an indirect wholly owned subsidiary of Guggenheim Capital, LLC., has issued the first ethereum-based Digital Commercial Paper (DCP) through AmpFi.Digital. DCP has received the highest credit rating from Moody’s of P-1. $20M was issued at launch. Tokenized Government Securities rec

FirstEnergy’s Pennsylvania Default Service Program DSP-VI Auction: Information Session for Prospective Bidders on Thursday, September 26, 2024

Thu, 09/26/2024 - 09:34
BOSTON--(BUSINESS WIRE)--CRA International, Inc. (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that an auction process will be conducted for FirstEnergy Pennsylvania Electric Company (FE PA) to procure full requirements Default Supply generation service for their Default Service Customers. The auction process will lead up to the auctions scheduled for November 12, 2024. The bidding process will use a descending-price clo

Redfin Reports Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings Soar

Thu, 09/26/2024 - 09:34
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) — Asking rents for newly constructed apartments fell to $1,746 in the second quarter, down 6.2% from a year earlier to the lowest level in more than two years. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. It was the second consecutive quarter that rents for newly built apartments posted an annual decline and the second-steepest drop in the past five years—trailing only this year’s first quarter,

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