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Persona Partners With Chainlink To Power Compliant Identity Credentials Across On-Chain Markets

Tue, 05/05/2026 - 11:24
SAN FRANCISCO--(BUSINESS WIRE)--Persona has partnered with Chainlink, the industry standard oracle platform, to power compliant on-chain identity via the Chainlink Automated Compliance Engine (ACE). As a core component of Chainlink ACE, the Cross-Chain Identity (CCID) framework helps enable institutions to verify users once with Persona and reuse those credentials across blockchains, protocols, and asset managers without re-running KYC or exposing sensitive data on-chain. Institutions moving ca

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of The Northern Neck Insurance Company

Tue, 05/05/2026 - 11:24
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with negative implications and affirms the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of The Northern Neck Insurance Company (NNIC) (Irvington, VA). Concurrently, AM Best has assigned an FSR of A- (Excellent) and a Long-Term ICR of “a-” (Excellent) to Frederick Mutual Insurance Company (Fredrick) (Frederick, MD). The outlook assigned to these Cr

Best’s Special Report: Strong Annuity Market Growth Shifting Life/Annuity Insurers’ Risk Profiles

Tue, 05/05/2026 - 11:24
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Strong U.S. annuity sales have shifted the reserve profile for many U.S. life/annuity companies, with asset risk forming a greater share of required capital composition in AM Best’s capital model, Best’s Capital Adequacy Ratio (BCAR), and leading to weaker scores for some life/annuity companies. At the same time, according to a new report, BCAR scores have shown to not always correlate with the end-result balance sheet assessment, highlighting the impact of other

GDLSK Adds Senior Customs and Border Protection Attorney Valerie Sorensen-Clark as Partner

Tue, 05/05/2026 - 11:24
NEW YORK--(BUSINESS WIRE)--Grunfeld, Desiderio, Lebowitz, Silverman & Klestadt LLP, a premier customs and international trade law firm, announced today that Valerie Sorensen-Clark has joined the firm as a partner in New York. Sorensen-Clark comes to GDLSK from U.S. Customs and Border Protection, where she held senior roles for nearly a decade and acted as one of the agency’s primary advocates in some of the most consequential tariff disputes in recent years. Sorensen-Clark most recently ser

Defining Moments Are Forcing Family Offices to Institutionalize

Tue, 05/05/2026 - 11:24
NEW YORK--(BUSINESS WIRE)--Family offices are increasingly operating like institutions as key events such as liquidity events expose the limits of informal governance and concentrated decision making, according to a new Morgan Stanley Wealth Management report, From Vision to Structure: Architecting a Family Office. Family offices most often professionalize in response to disruption rather than through gradual planning. Liquidity events, generational wealth transfers and leadership turnover freq

Clutch Launches AI Visibility Dashboard to Help B2B Agencies Improve Their Presence in AI Search

Tue, 05/05/2026 - 11:24
WASHINGTON--(BUSINESS WIRE)--Clutch, the leading marketplace for B2B service providers, today announced the launch of the AI Visibility Dashboard, the first tool built specifically to help B2B agencies understand and improve how they appear in AI-generated search results across ChatGPT, Claude, Perplexity, and Gemini. Built in partnership with Conductor, the dashboard combines unmatched B2B agency data from Clutch with enterprise-grade AI monitoring to deliver objective, actionable visibility i

TravelX Appoints Bryan Olaguer to Lead Asia Pacific Operations

Tue, 05/05/2026 - 11:24
MIAMI--(BUSINESS WIRE)-- #AsiaPacific--TravelX, a pioneer in airline inventory and post-booking revenue management technology, today announced the appointment of Bryan Olaguer as APAC Director. Olaguer will play a key role in supporting TravelX’s continued expansion across key Asia Pacific markets, strengthening relationships with airlines in the region, and further reinforcing the company’s market position. “Bryan’s deep expertise in airline revenue management and his extensive experience in the Asia Pacific

Yellowwood Launches AI Workflow Membership to Help Direct-Deal Investors Move from Inbox to Investment Committee-Ready Memos

Tue, 05/05/2026 - 11:24
PHILADELPHIA--(BUSINESS WIRE)-- #AI--Yellowwood launches an AI workflow for direct-deal investors in venture capital, private equity, angel investing, and family offices.

Kraken and MoneyGram Partner to Turn Crypto into Cash at Global Scale

Tue, 05/05/2026 - 11:24
CHEYENNE, Wyo. & DALLAS--(BUSINESS WIRE)--Kraken, one of the world’s longest-standing, most secure and most liquid crypto platforms, and MoneyGram, one of the world’s leading global payments networks, today announced a new strategic global partnership. Through this partnership, millions of Kraken customers will be able to withdraw crypto as cash in hundreds of fiat currencies, spanning more than 100 countries worldwide using MoneyGram’s extensive global cash pickup network. Where crypto meets c

Avant Deploys AI Virtual Agent

Tue, 05/05/2026 - 11:24
CHICAGO--(BUSINESS WIRE)--Avant, a leading financial technology company, today announced the deployment of an artificial intelligence-powered Virtual Agent, developed in partnership with Replicant, a market-leading conversational AI platform, across the Avant Card inbound customer service operation. Since launching in January 2026, the Virtual Agent has helped improve efficiency, resolution, and customer satisfaction. Built to Support Complex Customer Service Needs Avant’s Virtual Agent was bui

Kerper Bowron Method Earns Peer Review, National Media Recognition

Tue, 05/05/2026 - 11:24
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Kerper and Bowron LLC today announced that its patent-pending Kerper Bowron Method, a groundbreaking innovation for service contract and extended warranty accounting, has been formally published in the journal Risks (MDPI), a peer-reviewed international actuarial journal, and was featured in Business Alabama, the state's leading business publication. The back-to-back recognitions mark a turning point for the Birmingham-based firm, which introduced the method p

Peakline Real Estate Funds Launches QOZ Fund IV, Targeting Up to $1.3B in Opportunity Zone Investments

Tue, 05/05/2026 - 11:24
CHICAGO--(BUSINESS WIRE)--Peakline Real Estate Funds ("PREF"), a private real estate investment firm with $1.7 billion equity invested, today announced the launch of the Peakline Real Estate Qualified Opportunity Zone Fund IV Program (“QOZ IV”) – the company’s fourth Qualified Opportunity Zone (QOZ) fund program designed to invest in real estate assets across designated Opportunity Zones in the United States. Building on the firm’s established platform in Opportunity Zone investing, PREF QOZ IV

Jeannette Rovira Joins Seward & Kissel’s Banking, Payments, and Fintech Practice

Tue, 05/05/2026 - 11:24
NEW YORK--(BUSINESS WIRE)--Seward & Kissel LLP today announced that Jeannette Rovira has joined the firm’s Washington, D.C. office as a partner and will co-chair the firm’s Banking, Payments, and Fintech practice with partner Casey Jennings. The Banking, Payments, and Fintech practice provides bank, broker-dealer, investment management, and financial service provider clients with a full suite of regulatory and transactional expertise. Rovira has expertise in a broad range of bank regulatory

Longboard Café Serves Up Success With Comcast Business Technology Solutions

Tue, 05/05/2026 - 11:24
OCEAN CITY, Md.--(BUSINESS WIRE)--To celebrate Small Business Month, Comcast Business, the largest connectivity provider to small businesses in the U.S., is inviting locals and visitors to Longboard Café in Ocean City, MD on May 7, starting at 11AM ET: the first 100 dining parties of two or more will receive a $20 gift card for Longboard Café , while supplies last – good toward anything from Longboard’s famous wings to a tasty appetizer. The promotion is part of Comcast Business’ ongoing suppor

Tennessee Bankers Association Endorses Stablecore as Digital Asset Technology Provider

Tue, 05/05/2026 - 11:24
DALLAS--(BUSINESS WIRE)--Stablecore, the platform enabling community and regional banks to offer stablecoins, tokenized deposits and digital asset products, today announced its official endorsement from Tennessee Bankers Association, the trade association established to serve the needs of the state’s banks, thrift institutions, and trust companies. As an endorsed partner, Stablecore will serve as the preferred digital asset technology provider for the Association which has 175 member institutio

Valesco Industries Invests in Nipples, Elbows & Couplings, Inc. – The Sixth Investment in Valesco Fund III

Tue, 05/05/2026 - 11:24
DALLAS--(BUSINESS WIRE)--On April 30th, 2026, Valesco closed its sixth platform investment in Valesco Fund III. Headquartered in Houston, TX, Nipples, Elbows & Couplings, Inc. (“NEC”) is a leading manufacturer of PVC-coated electrical conduit and fittings for infrastructure projects including wastewater, midstream energy, and datacenter end-markets. NEC’s proprietary “BlackGuard” coating protects critical infrastructure in corrosive environments, with the Company establishing its premium br

Witherite Law Group's Amy Witherite on Autonomous Vehicle Industry Safety Claims: It Has Always Been About the Money

Tue, 05/05/2026 - 11:24
DALLAS--(BUSINESS WIRE)--As autonomous vehicle companies celebrate milestone runs and Wall Street projects billions in profits, traffic safety attorney Amy Witherite is asking the question the industry hopes you won’t: Is this about keeping people safe or is it about the money? Witherite, a Dallas-based attorney and veteran traffic safety advocate, says the evidence points overwhelmingly to economics as the primary driver behind the rapid push to deploy autonomous vehicles (AVs) on public roads

Chase Accelerates Support for the Next Generation with Modern Banking Solutions

Tue, 05/05/2026 - 11:24
NEW YORK--(BUSINESS WIRE)--Chase today announced accelerated efforts to better serve young adults ages 18–24 and customers new to banking, with products, experiences and support designed around how they manage money, build credit and plan for the future. “Young adults are telling us exactly what they want from their bank: make it easy, keep it safe and be there when it matters,” said Matt Gromada, head of emerging growth segments at Chase. “We’re doing a lot of listening—and we’re building alon

Point C Expands National Footprint With Strategic Acquisition of Coastal Administrative Services

Tue, 05/05/2026 - 11:24
CHICAGO--(BUSINESS WIRE)--Point C has expanded its national footprint through the strategic acquisition of Coastal Administrative Services.

The Price of Going It Alone: Small Business Owners Who Skip Legal Help Are Losing Up to $100,000

Tue, 05/05/2026 - 11:24
ADA, Okla.--(BUSINESS WIRE)--Most small business owners handle legal situations without professional help and many of them lose money when they do. Recent LegalShield data revealed that 52% of small business owners said they handled their most recent legal situation themselves. Of those, nearly three in four lost money. A quarter lost between $25,000 and $100,000. Nearly one in twelve lost more than $100,000. The pattern is clear: 65% say cost is the biggest barrier to legal help. So they go wi

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