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Redfin Reports 6 of Every 7 People With Mortgages Have an Interest Rate Below 6%

Tue, 08/27/2024 - 09:12
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —Nationwide, 85.7% of U.S. homeowners with mortgages have an interest rate below 6%, down from 90.6% at the start of last year and a record high of 92.8% in mid-2022. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This means even more than 85.7% of homeowners with mortgages have a rate below the current weekly average of 6.46%, prompting many to stay put instead of selling and buying another home

Hagens Berman: Law Firm with Historic Auto Litigation Practice Seeking Recovery for Fisker Owners Abandoned in Automaker’s Bankruptcy

Tue, 08/27/2024 - 09:12
SEATTLE--(BUSINESS WIRE)---- $FSRNQ #EV--Hagens Berman, an esteemed automotive litigation law firm is seeking to recover losses for Fisker Ocean EV owners amid Fisker’s bankruptcy.

Mōdere Strengthens Leadership Team with Strategic Hires, Positioning Business for Future Growth

Tue, 08/27/2024 - 09:12
PROVO, Utah--(BUSINESS WIRE)--Mōdere (or the “Company”), a global leader in clean health and wellness, today announced the strategic appointment of three experienced executives to its leadership team, further positioning the Company for significant future growth. Joining Mōdere are Heath Tilley as Senior Vice President of Global Operations, Cammie Taylor as Chief People Officer, and Jeff Hildebrandt as Senior Vice President of Global Marketing. These key appointments reflect Mōdere’s commitment

Rallybio to Present at Upcoming Investor Conferences

Tue, 08/27/2024 - 09:12
NEW HAVEN, Conn.--(BUSINESS WIRE)--Rallybio Corporation (Nasdaq: RLYB), a clinical-stage biotechnology company translating scientific advances into transformative therapies for patients with devastating rare diseases, today announced its participation in the following upcoming investor conferences: 2024 Wells Fargo Healthcare Conference in Everett, MA on Thursday, September 5, 2024. Stephen Uden, M.D., Chief Executive Officer, will participate in a fireside chat at 3:45 p.m. ET. H.C. Wainwright

Westwood Financial Announces Second Quarter 2024 Results

Tue, 08/27/2024 - 09:12
LOS ANGELES--(BUSINESS WIRE)--Westwood Financial, a leading commercial retail real estate investment firm, announced updates today on its financial and operational results for the three months ended June 30, 2024, which included: Second Quarter 2024 Highlights Executed 15 new leases totaling 26,000 square feet and 35 renewals totaling 143,000 square feet Achieved total leased percent of 96.8% vs. 96.7% same quarter end 2023 (+10 bps) Achieved an inline shop leased percent of 94.6% vs. 94.7% sam

Osprey Funds and Bitwise Asset Management Announce the Bitwise Bitcoin ETF to Acquire the Assets of the Osprey Bitcoin Trust

Tue, 08/27/2024 - 09:12
FAIRFIELD, Conn.--(BUSINESS WIRE)--Osprey Funds, LLC ("Osprey"), the sponsor of the Osprey Bitcoin Trust (OTCQX: OBTC) (the "Trust" or "OBTC"), the Bitwise Bitcoin ETF ("BITB" or the "Fund") and Bitwise Asset Management ("Bitwise") today jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders will receive shares of BITB as part of a liquidating distribution of OBTC. For existing BITB

Weave Enhances Payment Product Suite with Payment Reminders

Tue, 08/27/2024 - 09:12
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one experience platform for small and medium-sized healthcare practices, announced Payment Reminders, an enhancement designed to help improve revenue cycle management. This new feature allows practices to continue to collect more outstanding balances, but now with less effort by enabling practices to turn each Weave payment invoice or Text to Pay request into a “set-it-and-forget-it” collection campaign. “We’re very excited to in

Cognosos Named to Atlanta Business Chronicle's 2024 Best Places to Work List

Tue, 08/27/2024 - 09:12
ATLANTA--(BUSINESS WIRE)--Cognosos, a leading provider of AI-enabled, real-time asset location solutions, today announced it has been named to the Atlanta Business Chronicle's 2024 Best Places to Work list. This prestigious award recognizes the top 100 companies in the Atlanta region that are creating a thriving culture for their employees. For the past 21 years, the Atlanta Business Chronicle has honored the area's leading employers based on employee engagement surveys that measure team dynami

NICE Actimize Positioned as Top Ten Vendor in 2024 Chartis RiskTech AI50 Report for Leadership in AI in Risk Management Solutions

Tue, 08/27/2024 - 09:12
HOBOKEN, N.J.--(BUSINESS WIRE)-- #NICE--NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as #8 and a market leader in the inaugural Chartis Research RiskTech AI50 Report which assessed 50 of the industry’s top vendors across the risk management landscape, assessing their capabilities and use of AI. Chartis Research, part of Infopro Digital, is a leading provider of research and analysis on the global market for risk technology. NICE Actimize also received three category awards for its

SageSure Collaborates with Markel to Introduce New Capacity to Expanded Markets Program

Tue, 08/27/2024 - 09:12
JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its collaboration with Markel, the insurance operation within Markel Group Inc. (NYSE: MKL). SageSure Expanded Markets will distribute Markel’s insurance products first in Louisiana, South Carolina, and Texas, with more states forthcoming. The collaboration represents strong alignment between Markel and SageSure, both of which specialize in deliv

Bancography to Demo Bancography Plan Software at FinovateFall 2024

Tue, 08/27/2024 - 09:12
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- #Bancography--Bancography, a financial services consulting firm, has been selected to demo at FinovateFall 2024.

Comvest Partners Announces Key Leadership Promotions Within Comvest Credit Partners

Tue, 08/27/2024 - 09:12
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvestcreditpartners--Comvest Partners (“Comvest”), a middle-market private investment firm, today announced the promotions of three key leaders of Comvest Credit Partners, its direct lending investment platform. Robert O’Sullivan has been appointed as Chief Executive Officer; Jason Gelberd as Chief Operating Officer; and Greg Reynolds as Chief Investment Officer, effective immediately. With these appointments, Michael Falk, Comvest’s Founder and Chief Executive Officer, assum

DAVA INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Endava plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Tue, 08/27/2024 - 06:11
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Endava business and prospects, resulting in its stock trading at inflated prices.

STM INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that STMicroelectronics N.V. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Tue, 08/27/2024 - 06:11
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: STMicroelectronics business and prospects, resulting in its stock trading at inflated prices.

Voya Financial Selects FINEOS Platform to Enhance Integrated Disability and Absence Management

Tue, 08/27/2024 - 06:11
ATLANTA--(BUSINESS WIRE)-- #absencemanagement--FINEOS Corporation (ASX:FCL) announced today that Voya Financial has selected the FINEOS Platform for its integrated disability management and absence (IDAM) claims. Voya is a leading health, wealth and investment company based in the United States. The FINEOS Platform for IDAM Solution is scheduled to go live in 2025 to support Voya’s refreshed unpaid and paid leave management administration. FINEOS is the global leader providing end-to-end core software systems for l

ACI Worldwide and Mexipay Extend Partnership to Boost Instant Payments Adoption in Mexico

Tue, 08/27/2024 - 06:11
OMAHA, Neb. & MEXICO CITY--(BUSINESS WIRE)--ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for Mexico’s businesses and consumers. Mexipay will utilize ACI’s Digital Central Infrastructure solution, pa

euNetworks Closes on €2.1 Billion Equity Recapitalisation

Tue, 08/27/2024 - 06:11
LONDON & NEW YORK--(BUSINESS WIRE)-- #Europe--euNetworks closes on €2.1 billion equity recapitalisation. Investors in the recap included Stonepeak, IMCO, APG, Mercer & Aware Super.

Juniper Research: Global eCommerce Market Poised to Reach $11.4 Trillion by 2029, Driven by Alternative Payment Methods

Tue, 08/27/2024 - 03:11
BASINGSTOKE, England--(BUSINESS WIRE)-- #ecommercepaymentgateway--Juniper Research has found by 2029, the value of global eCommerce transactions will reach $11.4 trillion; up from $7 trillion in 2024.

Avanzanite Bioscience Reports European Commission's Authorisation of Orphan Medicinal Product AKANTIOR®

Tue, 08/27/2024 - 03:11
AMSTERDAM--(BUSINESS WIRE)-- #innovation--Avanzanite Bioscience B.V., a commercial-stage specialty pharmaceutical company, focused on bringing novel medicines for rare diseases to market, announced today that the European Commission (EC) granted marketing authorisation of AKANTIOR® (polihexanide) for the treatment of acanthamoeba keratitis (AK) in adults and children from 12 years of age. The formal approval by the EC follows previously reported positive opinion of the European Medicines Agency (EMA) Committ

BankDhofar Selects Entrust to Enable Cardholders Across Different Banking Offerings with Digital Card and In-App Payment Capabilities

Tue, 08/27/2024 - 03:11
DUBAI, United Arab Emirates--(BUSINESS WIRE)--BankDhofar, the second largest Omani bank by market value, has selected Entrust, a global leader in delivering identity-centric security solutions for governments and enterprises worldwide, to implement its Digital Card Solution (DCS) to provide customers with digital card capabilities for both the bank’s Islamic and Conventional Banking applications. BankDhofar is the fastest growing bank in the country with over 124 branches and a digital banking

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