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Intercontinental Exchange Announces Launch of ICE IDs for Private Credit

Lastest from Businesswire - 29 min 47 sec ago
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the launch of a new classification service that creates unique, persistent identifiers (IDs) for private credit instruments for the first time. The new identifiers, ICE IDs, are a key part of ICE Private Credit Intelligence, an industry-wide initiative started by ICE and Apollo to build the

Finance of America Expands Executive Team to Support Next Phase of Growth

Lastest from Businesswire - 29 min 47 sec ago
PLANO, Texas--(BUSINESS WIRE)--Finance of America Reverse LLC ("FOA" or the "Company"), the nation's leading provider of home equity-based financing solutions for modern retirement, today announced the appointments of Maury Pipkin as Chief Information Security Officer and Bryan Summerhays as Senior Vice President, Revenue Growth and Channel Strategy. The appointments reflect Finance of America's continued investment in the technology, cybersecurity and commercial capabilities needed to support

Payward to Acquire Magic Labs' Wallet Infrastructure Business to Expand B2B Offering with Embedded Wallets

Lastest from Businesswire - 29 min 47 sec ago
CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire the wallet-as-a-service business of Magic Labs ("Magic"), a leading non-custodial wallet infrastructure provider that has powered more than 60 million wallets and $10 billion-plus in stablecoin volume for over 200,000 developers. The acquisition expands Payward Services, the company's B2B inf

KBRA Releases Research – KBRA Global Cumulative Default Rate Study: 2011-2025

Lastest from Businesswire - 29 min 47 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research that analyzes its cumulative default rates (KCDR) by rating category across 1-, 3-, 5-, and 10-year horizons, using data from 2011 through 2025. As part of KBRA's broader review of ratings performance, the report expands on the perspectives in our Global Rating Stability and Transition Study: 2011-2025, providing insight into cumulative default experience across sectors, geographies, and market environments. Key Takeaways KBRA’s observed KCDRs w

Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2026

Lastest from Businesswire - 29 min 47 sec ago
PORTERVILLE, Calif.--(BUSINESS WIRE)--Sierra Bancorp Reports Financial Results for Second Quarter and First Six Months of 2026

Pitney Bowes Strengthens Board of Directors with Appointment of La Vonda Williams

Lastest from Businesswire - 29 min 47 sec ago
SHELTON, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of La Vonda Williams to its Board of Directors (the “Board”), effective immediately. This stems from the Board’s Governance Committee continually focusing on identifying and evaluating highly qualified, independent director can

Hope Bancorp Declares Quarterly Cash Dividend of $0.14 Per Share

Lastest from Businesswire - 29 min 47 sec ago
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE) today announced that its Board of Directors declared a quarterly cash dividend of $0.14 per common share. The dividend is payable on or about August 20, 2026, to all stockholders of record as of the close of business on August 6, 2026.About Hope Bancorp, Inc.Hope Bancorp, Inc. (NASDAQ: HOPE) is the holding company for Bank of Hope, with $18.99 billion in total assets as of June 30, 2026. Following the addition of Ter

UBS Hires Financial Advisor Team of Four in Tampa, FL

Lastest from Businesswire - 29 min 47 sec ago
TAMPA, Fla.--(BUSINESS WIRE)--UBS today announced that Private Wealth Advisors Jesse Flatt, Lea Ann Drew, Brandon Burns and Carlos Rodriguez will join the firm in Tampa, Florida. Along with their team, they oversee approximately $1.3 billion in client assets, serving ultra-high net worth families and business owners. Following the conclusion of their notice period, the team will join the UBS Greater Florida/Gulf Coast Market and report to Tampa Bay Senior Market Director Jack Heiss. The market

Hope Bancorp Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2026

Lastest from Businesswire - 29 min 47 sec ago
LOS ANGELES--(BUSINESS WIRE)--Hope Bancorp, Inc. (the “Company”) (NASDAQ: HOPE), the holding company of Bank of Hope (the “Bank”), today reported unaudited financial results for its second quarter and six months ended June 30, 2026. For the second quarter of 2026, the Company reported net income of $33.0 million, or $0.26 per diluted common share, up 12% from net income of $29.5 million, or $0.23 per diluted common share, for the first quarter of 2026, and up from a net loss of $24.8 million, o

CIM Group and Bryant Group Ventures Affordable Housing Impact Fund Secures Commitment from KeyBank

Lastest from Businesswire - 29 min 47 sec ago
LOS ANGELES--(BUSINESS WIRE)--CIM Group, a leading real estate and infrastructure owner, operator, lender and developer, and Bryant Group Ventures, founded by influential leader and entrepreneur John Hope Bryant, announced today that its Affordable Housing Impact Fund (AHIF, the Fund) completed its latest closing with a capital commitment from KeyBank. This commitment has triggered upsizes from Truist Bank and Flagstar Bank, bringing the Fund’s total investment capacity to over $315 million thr

Provider Network Solutions Appoints Gustavo Leon Jr., HCMBA, as President and Chief Strategy Officer to Accelerate Strategic Growth

Lastest from Businesswire - 29 min 47 sec ago
MIAMI--(BUSINESS WIRE)--Provider Network Solutions (PNS), a leading specialty care managed services organization dedicated to transforming healthcare through innovative provider solutions, is pleased to announce the appointment of Gustavo Leon Jr., HCMBA, as President and Chief Strategy Officer. With nearly three decades of executive leadership experience in managed care, Leon brings an extensive background in strategic growth, provider partnerships, and value-based care initiatives. Throughout

Seven Hills Realty Trust Closes $24.3 Million First Mortgage Loan to Refinance a Retail Property in Park City, Utah

Lastest from Businesswire - 29 min 47 sec ago
NEWTON, Mass.--(BUSINESS WIRE)--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $24.3 million first mortgage loan to refinance Kimball on Main, a 25,000 square foot retail property located in Park City, Utah. Kimball on Main is prominently located within Park City’s historic Main Street shopping district and is well leased to a diverse mix of retail tenants. The property benefits from strong foot traffic generated by both local residents and year-round tourism, as well

NICE Actimize Positioned as a Luminary in Celent’s 2026 “Know Your Customer Systems: Adverse Media Screening” Report

Lastest from Businesswire - 29 min 47 sec ago
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE Actimize, a NiCE (NASDAQ: NICE) business, has been recognized by Celent, a global research and advisory firm for the financial services industry, as a Luminary in its recently released report, “Know Your Customer Systems: Adverse Media Screening Technology Capabilities Matrix.” The report provided in-depth profiles and evaluations of the functionality and technology of 25 KYC/Adverse Media providers. Celent defines those placed in the Luminary category as ex

Matrix Adhesives Group Acquires IPS Adhesives to Expand its Technology, Branded Portfolio, and Market Reach

Lastest from Businesswire - 29 min 47 sec ago
WESTERVILLE, Ohio--(BUSINESS WIRE)--Matrix Adhesives Group (“Matrix” or the “Company”), a TruArc Partners (“TruArc”) portfolio company and provider of advanced adhesive and sealant solutions for renovation and construction, industrial, commercial, and specialty applications, today announced that it has acquired IPS Adhesives (“IPSA”), a provider of high-performance adhesives serving building and construction, transportation, industrial, and marine industries, from the parent company of IPS Corpo

Grupo Financiero Atlántida Launches New York-Based BancAtlantic Capital to Expand Global Capital Markets Platform

Lastest from Businesswire - 29 min 47 sec ago
NEW YORK--(BUSINESS WIRE)--Inversiones Atlántida S.A., the holding company of Grupo Financiero Atlántida, one of Latin America’s leading financial services groups, today announced the launch of BancAtlantic Capital LLC (“BancAtlantic” or the “Firm”), a New York-based investment and merchant banking firm. The launch marks Grupo Financiero Atlántida’s entry into the US market and expands its global capital markets and investment banking capabilities. The Firm was co-founded by veteran Wall Street

Novanta Completes Acquisition of Riverpoint Medical

Lastest from Businesswire - 29 min 47 sec ago
BOSTON--(BUSINESS WIRE)--Novanta Inc. (Nasdaq: NOVT) (“Novanta” or the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today announced that it has completed the acquisition of Riverpoint Medical (“Riverpoint Medical” or “Riverpoint”) from Arlington Capital Partners. Riverpoint is a category leader in high-growth minimally invasive surgical consumables, including advanced surgical fibers and related technologies for sports medicine, trauma and

Green Dot Named a Leader in Earned Wage Access by Everest Group

Lastest from Businesswire - 29 min 47 sec ago
PROVO, Utah--(BUSINESS WIRE)---- $GDOT #BaaS--Recognition underscores Green Dot's decades-long commitment to supporting the financial wellness of working Americans

Circle Acquires IBM Blockchain Patent Portfolio

Lastest from Businesswire - 29 min 47 sec ago
NEW YORK--(BUSINESS WIRE)--Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s leading financial platform companies, today announced the acquisition of fundamental assets from the IBM blockchain patent portfolio. The portfolio comprises over 680 patent families and nearly 1,000 issued patents worldwide, spanning foundational blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations. With this acquisi

Cotality Certified as a Great Place to Work Certification for Third Consecutive Year

Lastest from Businesswire - 29 min 47 sec ago
IRVINE, Calif.--(BUSINESS WIRE)--Cotality has achieved the Great Place to Work® Certification for the third consecutive year across six countries, with 86% of employees endorsing it.

SpotOn Highlights Q2 2026 Momentum with Proactive AI and Faster Access to Cash

Lastest from Businesswire - 29 min 47 sec ago
SAN FRANCISCO--(BUSINESS WIRE)-- #Restaurants--SpotOn builds Q2 2026 momentum with proactive AI, faster access to cash, new guest tools, and continued growth among independent restaurants.

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