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Chime Kicks Off Nationwide Labor Day Tour to Unlock America’s Pay and Challenge the Pay Cycle Status Quo
SAN FRANCISCO--(BUSINESS WIRE)--Every day, American workers earn billions of dollars but more than 70% have to wait at least two weeks to receive their hard earned money.1 With growing inflation on everyday spend for things like gas, groceries, and car insurance, Chime - The #1 Most Loved Banking AppTM 2 - knows people need flexibility and control over their pay now more than ever. Chime is offering a common-sense alternative, MyPay, that lets Americans access up to $500 of their pay when they
RGA Announces $3.5 Billion Coinsurance Transaction with American National Insurance Company
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, today announced it has reached an agreement with American National Insurance Company and its affiliates (collectively, “American National”) to reinsure a diversified block of life business through a coinsurance arrangement. Under the agreement, approximately $3.5 billion of American National’s statutory reserves will be transferred to subsidiaries of RGA. Policyholder
SMA Technologies Unveils AI Automation Assistant Otto for OpCon
HOUSTON--(BUSINESS WIRE)--SMA Technologies, the leading provider of automation solutions for financial services and the maker of OpCon workload automation and orchestration (WLA&O), is proud to announce the launch of Otto, an automation assistant integrated with OpCon in the cloud. Leveraging the power of AI technologies from Azure and OpenAI, Otto is designed to make life even easier for OpCon users. Otto is introduced to cloud customers via the web-based OpCon user interface, Solution Man
Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector
STAMFORD, Conn.--(BUSINESS WIRE)-- #MastercardImpact--Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. With a suite of public sector solutions that help communities shift to the safety, secur
The Presidio Group Exclusively Advises MileOne Autogroup on the Sale of Honda Dealership in North Carolina
CHARLOTTE, N.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 MileOne Autogroup on the sale of a Honda dealership outside of Charlotte, N.C., to Hudson Automotive Group. The transaction, which was finalized Aug. 26, involved Hall Honda Huntersville of Huntersville, N.C., and its related real estate. MileOne
Experian’s Compliance Library named a 2024 Top HR Product of the Year by Human Resource Executive
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian® today announced its Compliance Library solution has been recognized as a 2024 Top HR Product of the Year.
Cascadia Managing Brands Launches the Ultimate Industry Playbook: Flavors and Fortunes: Navigating the Food and Beverage World
RAMSEY, N.J.--(BUSINESS WIRE)-- #BeverageTrends--Cascadia Managing Brands today announced the release of Flavors and Fortunes: Navigating the Food and Beverage World, a no-nonsense handbook now available on the Cascadia Managing Brands website and Amazon.com for $1999. This expansive tome, spanning over 1100 pages, is the culmination of seven years of relentless work and distills three decades of front-line industry experience with giants such as Evian, Naked Juice, Fresh Samantha/Odwalla, Bain, Coca-Cola, Dirty
SmartBear Elevates Product Innovation Strategy with New SVP of Product Management and Design
SOMERVILLE, Mass.--(BUSINESS WIRE)-- #AI--Product veteran Ron Trackey joins SmartBear to bring global expertise from RSA, Carbonite, and Microsoft, advancing strategic product direction
Galileo Enhances B2B Expense Management Offering with Mastercard Smart Data
SALT LAKE CITY--(BUSINESS WIRE)-- #B2BPayments--Galileo launches Mastercard Smart Data with Rho, boosting B2B expense management by providing enriched transactional data for better spend control.
Flowcode Partners with REIN to Bring AI to the Insurance Industry
NEW YORK--(BUSINESS WIRE)--Flowcode, a marketing technology platform, has partnered with embedded insurance technology company REIN to streamline insurance purchases by making it easier to secure a quote and find coverage wherever and whenever customers are in need. The innovative partnership brings the new Flowcode 2 QR platform capabilities to REIN’s IX embedded insurance platform to drive seamless customer acquisition in online and offline experiences. "Eighty percent of the economy is trans
Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology Conference
CHANDLER, Ariz.--(BUSINESS WIRE)---- $OPAD #OPAD--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today announced that Brian Bair, Offerpad’s Chairman and CEO, will participate in a fireside chat at 8:50 am PT on Tuesday, September 10, 2024 at the Goldman Sachs Communacopia + Technology Conference. The live webcast can be accessed under the “Events & Presentations” section of Offerpad’s Investor Relations website at investor.offerpad.com. A we
PatientPay Emerges as a Powerhouse in Healthcare Billing and Payments through a Strategic Merger with ClearGage
DURHAM, N.C. & TAMPA, Fla.--(BUSINESS WIRE)--PatientPay, the leading patient billing and payments partner for acute, ambulatory and specialty care, and ClearGage, a leading provider of healthcare estimate and payment solutions, today announced the close of their merger to deliver the industry-leading digital billing and payment platform for medical groups, specialty practices and community hospitals as PatientPay. This collaboration aims to set a new standard in payment technology and patient c
Near- and Non-Prime Consumers Continue to Face Barriers in the New and Used Vehicle Markets, Open Lending Research Finds
AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today released a new Near- and Non-Prime Consumer Update, continuing its quarterly report series on automotive lending trends among near- and non-prime consumers. The report covers vehicle sales volume, interest rates, payment trends and consumer preferences in the first quarte
Redfin Reports 6 of Every 7 People With Mortgages Have an Interest Rate Below 6%
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
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
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
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
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
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
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