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Krueger Financial Services Finds Cultural Fit and Gains Efficiencies in Move to Commonwealth

Tue, 08/13/2024 - 09:02
WALTHAM, Mass.--(BUSINESS WIRE)--Commonwealth Financial Network®, a national firm dedicated to providing financial advisors with holistic, integrated business solutions, announces that Krueger Financial Services of Tempe, Arizona, has joined its network of independent financial advisors. Formerly affiliated with Osaic, the team reported serving more than $630 million in client assets*. Advisors include Kim Krueger, CFP®, Eric Krueger, CFP®, and Tim Hill, CFP®, on the staff of nine. “One of the

Regions Bank Announces Retirement of Ronnie Smith, Appointment of Brian Willman as Head of Corporate Banking Group

Tue, 08/13/2024 - 09:02
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Experienced business banking leaders to build on Regions’ legacy of tailored services for clients.

Forethought Continues YoY Growth, Driven by Demand for AI-First Customer Support

Tue, 08/13/2024 - 09:02
SAN FRANCISCO--(BUSINESS WIRE)--Forethought, the most advanced human-centered generative AI for customer support, today announced it has seen its net new ARR per quarter grow 400% YoY. Driven by the explosion of generative AI and the need for a complete AI solution for CX, Forethought has seen exponential growth across the company through new customers, product launches and enhancements, resulting in the company’s most successful year yet. “Since our inception, Forethought has been on a mission

Lawyers for Ovarian Cancer Victims Endorse Proposed Texas Two-Step Remedy

Tue, 08/13/2024 - 09:02
NEWARK, N.J.--(BUSINESS WIRE)--The attorneys representing tens of thousands of women in their talc-related ovarian cancer lawsuits against Johnson & Johnson (NYSE:JNJ) are calling for passage of a measure in Congress that would end the ability of solvent companies to use the so-called Texas Two-Step bankruptcy process in order to avoid lawsuit liabilities. The process involves taking a company’s liabilities – in this case, the thousands of talc-ovarian cancer lawsuits – placing them into a

Majesco Recognized as One of the World’s Top Insurtech Companies by CNBC and Statista

Tue, 08/13/2024 - 09:02
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced its inclusion in The World’s Top Insurance Companies 2024 report, compiled by CNBC in collaboration with the market research firm Statista. This prestigious recognition highlights Majesco’s pivotal role in driving innovation and transforming the insurance industry through its advanced technology solutions. As the insurance industry continues to

Cedar Gate Technologies Honored as One of America’s Fastest-Growing Private Companies by Inc. 5000

Tue, 08/13/2024 - 09:02
GREENWICH, Conn.--(BUSINESS WIRE)--Inc. revealed today that Cedar Gate Technologies made the list of fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment – independent, entrepreneurial businesses. “We are honored to be recognized as one the fastest-growing private companies in the U.S.,” said Cedar Gate Chairman and CEO, David B. Snow, Jr. “It’s a testament to our dedicated an

EasyKnock Calls for Bold Action to Address Dual Crisis Of Housing Affordability & Trapped Home Equity

Tue, 08/13/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Amid a prolonged period of high interest rates, record housing prices and a trapped home equity crisis, EasyKnock is calling on the real estate and financial industries to take bold action to address the housing crisis in America. EasyKnock is announcing a new cap on rent increases of 2.5% or the Consumer Price Index (CPI-U) for all customers and is urging other corporate landlords to make the same commitment. The industry-leading action by EasyKnock was announced fol

John Hancock and Ethos Collaborate to Offer Simple Term with Vitality and a Return of Premium Rider

Tue, 08/13/2024 - 09:02
BOSTON--(BUSINESS WIRE)--John Hancock and Ethos have joined forces to offer John Hancock Simple Term with Vitality through Ethos. This simplified term life insurance product provides customers with generous Return of Premium (ROP) benefits and the ability to earn John Hancock Vitality rewards and discounts, all with a 100 percent instant underwriting decision. Ethos has built one of the most advanced technology platforms with one of the strongest product portfolios in the industry. It offers cu

Leonid Capital Partners Welcomes Retired Vice Admiral Mat Winter to Advisory Board

Tue, 08/13/2024 - 09:02
HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Leonid Capital Partners is proud to welcome Retired Vice Admiral Mat Winter to its Board of Advisors.

Voltera Secures First-of-its-Kind $100 Million Debt Facility from ING and Investec

Tue, 08/13/2024 - 09:02
PALO ALTO, Calif.--(BUSINESS WIRE)--Voltera, a leading developer, owner, and operator of charging infrastructure for zero-emission vehicle (ZEV) fleets, today announced it has secured a $100 million debt facility to support capital expenditure deployment on assets that are backstopped by customer contracts, a first-of-its-kind for the electric vehicle (EV) charging industry. The financing will be used to support the development of multiple Voltera-owned and operated charging sites as well as co

Wolters Kluwer CCH® Tagetik recognized as an Overall Leader in Dresner Advisory Services Industry Excellence Awards

Tue, 08/13/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Wolters Kluwer, a global leader in professional information, software solutions, and services, has been recognized as an “Overall Leader” in Enterprise Performance Management by Dresner Advisory Services in its 2024 Industry Excellence Awards, in acknowledgement of the CCH Tagetik Intelligent Platform. Dresner Advisory Services’ 2024 Industry Excellence Awards also recognized CCH Tagetik as best-in-class on multiple measures, including understanding customer business

Sixt Portugal Drives Revenue with New Pricing Strategy Powered by Gurobi

Tue, 08/13/2024 - 09:02
BEAVERTON, Ore.--(BUSINESS WIRE)--With real-time data, Sixt Portugal can quickly react to market changes and optimize their pricing to maximize revenue.

New Study from Gregory FCA Finds That AI-Enablement Increases Firmwide Productivity 10.2% While Spurring Client and Employee Retention

Tue, 08/13/2024 - 09:02
ARDMORE, Pa.--(BUSINESS WIRE)--One of the world’s first public relations agencies to become AI-enabled has completed a 12-month study of the impact of generative AI technologies on productivity. Gregory FCA, the 36th largest PR firm in the U.S., has discovered that the safe and effective deployment of generative AI has increased firm productivity a healthy 10.2%, equating to about $2 million in additional revenue. At the same time, the firm has seen a 3.75X return on investment once license and

Tekmetric Partners with Affirm to Bring Flexible Payment Options to Auto Repair Shops

Tue, 08/13/2024 - 09:02
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, is announcing an expanded partnership with Tekmetric, a leading automotive repair shop management solution empowering auto repair businesses nationwide. Now, the thousands of auto repair shops that use Tekmetric’s platform, powered by Stripe Connect, can offer their customers the ability to pay over time with Affirm for online and in person auto repair services. T

X9 Launches Effort to Create Payment QR Code Standard

Tue, 08/13/2024 - 09:02
ANNAPOLIS, Md.--(BUSINESS WIRE)-- #QR_codes--ASC X9 will create a standard for payment QR codes, and is seeking additional participants for the effort.

OCC Welcomes MIAX Sapphire as Newest Options Exchange

Tue, 08/13/2024 - 09:02
CHICAGO--(BUSINESS WIRE)-- #options--OCC today welcomed MIAX Sapphire as its 21st participant exchange.

The Learning Experience Launches Happy Hub with New Teacher Onboarding Program, Happiness Index Powered by Blink

Tue, 08/13/2024 - 09:02
BOSTON--(BUSINESS WIRE)-- #EmployeeEngagement--The Learning Experience has implemented Blink’s employee engagement platform.

MAFCU Selects Spiral to Boost Community Impact and Member Savings Through Everyday Banking

Tue, 08/13/2024 - 09:02
NEW YORK--(BUSINESS WIRE)--Mid-Atlantic Federal Credit Union Selects Spiral to Boost Community Impact and Member Savings Through Everyday Banking.

The Presidio Group exclusively advises Anderson Automotive Group on the sale of Chevrolet and Nissan dealerships in South Carolina

Tue, 08/13/2024 - 09:02
GREENVILLE, S.C.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Anderson Automotive Group on the sale of Chevrolet and Nissan dealerships outside of Greenville, S.C., to Escude Automotive Group of Greer, S.C. The transaction, which was finalized Aug. 12, involved Chevrolet Easley in Easley, S.C., and Fred An

Virtus Stone Harbor Emerging Markets Income Fund Announces Portfolio Manager Update

Tue, 08/13/2024 - 09:02
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), managed by Stone Harbor Investment Partners, today announced that Peter Wilby, CFA, and Kumaran Damodaran, Ph.D., will step down as portfolio managers of the Fund effective September 30, 2024. Jim Craige, CFA, co-chief investment officer and head of emerging markets, Darin Batchman, Richard Lange, David Oliver, CFA, and Stuart Sclater-Booth remain portfolio managers of the Fund. About the Fund Virtus

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