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Powerlaw Corp. Begins Trading on Nasdaq as PWRL

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, has begun trading on Nasdaq following its direct listing. PWRL is the inaugural fund launched by Powerlaw Capital Group, LLC, an asset management platform focused on expanding access to private technology investing through publicly traded investment vehicles. PWRL is a closed-end fund registered under the Investment Company Act of 1940 and is designed to provid

Fortress Investment Group Announces Acquisition of IPValue Management Group

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
NEW YORK--(BUSINESS WIRE)--Fortress Investment Group today announced the acquisition of IPValue Management Group (“IPValue”), one of the world’s leading intellectual property (“IP”) licensing companies. Funds managed by Fortress Investment Group affiliates (“Fortress”) led a group of investors that acquired the company. “Coming off our strongest year to date, we view Fortress as uniquely suited to support the next era of IPValue, as we continue to successfully execute our pipeline of new opport

LexAxiom Announces LexSuite, an Agentic Revenue Engine for Solo, Small, and Mid-Size Law Firms

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)-- #LegalAI--LexAxiom today announced LexSuite™, the agentic revenue engine that runs a law firm’s revenue and business operations, so owners can focus on legal work instead of running the business. Customers are being onboarded today across multiple practice segments; the waitlist is open for additional firms. LexSuite is built on LexAxiom’s Privilege-Native ArchitectureTM, which enforces guardrails on every human and agent interaction inside and outside the firm.

CU Hawai’i Federal Credit Union Selects Mahalo Banking to Elevate Digital Banking Experience

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
TROY, Mich.--(BUSINESS WIRE)-- #CorelationKeyStoneIntegration--CU Hawai’i Federal Credit Union Selects Mahalo Banking to Elevate Digital Banking Experience

Pace Raises $46 Million Series B to Build the Next Century of Insurance

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
NEW YORK--(BUSINESS WIRE)--Pace, the AI operations partner for the world’s leading insurers, today announced its $46 million Series B, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. Pace partners with several public insurers and brokers to provide its cutting-edge technology, including The Mutual Group, Newfront, Prudential, and WTW. Since launching last year, Pace has autonomously completed more than a quarter of a million critical i

Elevations Credit Union Selects Spiral to Boost Member Savings and Community Impact Through Everyday Banking

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
NEW YORK--(BUSINESS WIRE)-- #BankingInnovation--Elevations Credit Union selects Spiral to boost member savings and community impact through everyday banking.

Rightsline Announces $500 Million Strategic Growth Investment From Hg to Accelerate AI Innovation and Global Expansion

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
LOS ANGELES--(BUSINESS WIRE)--Rightsline, a leading provider of rights and royalties management software for IP-intensive industries, today announced a $500 million strategic growth investment from Hg, a leading investor in transatlantic technology businesses. Klass Capital, Rightsline’s majority owner since 2020, Salem Partners, and the broader management team will invest meaningfully alongside Hg, reflecting their continued confidence in the business. The global proliferation of streaming pla

SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, everything app for digital financial services, announced today that SoFiUSD, a bank-issued U.S. dollar stablecoin, is available for SoFi members to buy, sell, hold, and convert directly within the SoFi app. This marks the first time that a U.S. national bank-issued stablecoin is available directly on a banking app. By expanding SoFiUSD to its nearly 15 million members, SoFi is building the bridge between t

Retail Banks Expand Financial Advice but Struggle to Drive Sustained Customer Engagement, JD Power Finds

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
TROY, Mich.--(BUSINESS WIRE)--JD Power: Retail Banks Expand Financial Advice but Struggle to Drive Sustained Customer Engagement

Sound Point Meridian Capital, Inc. Announces Results for the Fourth Fiscal Quarter Ended March 31, 2026

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
NEW YORK--(BUSINESS WIRE)-- #CLO--Sound Point Meridian Capital, Inc. (NYSE: SPMC, SPMA, SPME), a closed-end management investment company that has registered as an investment company under the Investment Company Act of 1940, as amended (the “Company”), today announced results for the fourth fiscal quarter ended March 31, 2026. FOURTH FISCAL QUARTER ENDED MARCH 31, 2026 RESULTS Net asset value per share of common stock was $9.63 as of March 31, 2026. Net investment income (“NII”) was $7.0 million, or $

Prolink Announces Abby Zimmerman as Chief Operating Officer

Lastest from Businesswire - Wed, 05/27/2026 - 08:41
CINCINNATI--(BUSINESS WIRE)--Workforce solutions leader Prolink announces the appointment of Abby Zimmerman to Chief Operating Officer.

New eClerx Research: 78% of Marketing Leaders Say Martech Investment Fails to Deliver ROI

Lastest from Businesswire - Wed, 05/27/2026 - 05:41
NEW YORK--(BUSINESS WIRE)-- #AI--New eClerx research: 78% of marketing leaders say martech investment fails to deliver ROI

euNetworks launches new quantum-safe private connectivity service powered by Adtran’s encrypted optical transport technology

Lastest from Businesswire - Wed, 05/27/2026 - 05:41
LONDON--(BUSINESS WIRE)-- #5G--Adtran and euNetworks today announced their collaboration on the launch of a new quantum-safe private connectivity service, Quantum Shield. euNetworks has developed Quantum Shield using Adtran’s optical transport technology to augment its broader architecture, which is designed to deliver secure, scalable data center connectivity across euNetworks’ pan-European network. The new offering is built for enterprises with stringent security, performance and customer-controlle

National Bank of Greece in Cyprus Goes Live With Smartstream’s Air to Consolidate Reconciliations

Lastest from Businesswire - Wed, 05/27/2026 - 05:41
LONDON--(BUSINESS WIRE)--Smartstream, the trusted data solutions provider for leading global financial institutions and enterprises, today announces that the National Bank of Greece (NBG) in Cyprus has successfully gone live with Air, the company’s AI-enabled reconciliation solution. The go-live marks a significant step forward in the bank’s operational efficiency, reducing daily manual processing effort and eliminating the complexity of working across multiple data formats. The bank has deploy

AMPL Investors Have Opportunity to Join Amplitude, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Wed, 05/27/2026 - 02:41
LOS ANGELES--(BUSINESS WIRE)---- $AMPL--AMPL Investors Have Opportunity to Join Amplitude, Inc. Fraud Investigation with the Schall Law Firm

Corlytics Sharpens Leadership for Next Phase of Growth

Lastest from Businesswire - Wed, 05/27/2026 - 02:41
LONDON & NEW YORK & DUBLIN--(BUSINESS WIRE)--Corlytics sharpens its leadership for next phase of growth. Internationally experienced leader Lisa Miles-Heal is appointed Chief Executive Officer.

TIGR Investors Have Opportunity to Join UP Fintech Holding Limited Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 05/26/2026 - 23:41
LOS ANGELES--(BUSINESS WIRE)---- $TIGR--TIGR Investors Have Opportunity to Join UP Fintech Holding Limited Fraud Investigation with the Schall Law Firm

INTU Investors Have Opportunity to Join Intuit Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Tue, 05/26/2026 - 23:41
LOS ANGELES--(BUSINESS WIRE)---- $INTU--INTU Investors Have Opportunity to Join Intuit Inc. Fraud Investigation with the Schall Law Firm

FUTU HOLDINGS LIMITED INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

Lastest from Businesswire - Tue, 05/26/2026 - 20:41
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against Futu Holdings Limited (“Futu” or the “Company”) (NASDAQ:FUTU). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.  [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On May 22, 2026, Futu announced it had “received a Notice of Investigation and an Administrative Pen

Royal London Asset Management Expands Relationship with SS&C to Service New Australian Funds

Lastest from Businesswire - Tue, 05/26/2026 - 20:41
WINDSOR, Conn.--(BUSINESS WIRE)--Royal London Asset Management Expands Relationship with SS&C to Service New Australian Funds

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