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Affiliates of Castle Creek Capital Acquire $40 Million Equity Position From Legacy Stockholders in FirstSun Capital Bancorp

Lastest from Businesswire - Thu, 12/04/2025 - 09:15
SAN DIEGO & DENVER--(BUSINESS WIRE)--Castle Creek Capital, an alternative asset management firm focused on the financial services sector, with a specialization in the community banking industry, announced today that Castle Creek managed funds have acquired, from legacy stockholders, $40 million of common stock in FirstSun Capital Bancorp (the “Company” or “FirstSun”). In accordance with an agreement between affiliates of Castle Creek Capital and FirstSun, subject to satisfying all legal and reg

Horizon Announces Acquisition of Anfield Capital Management

Lastest from Businesswire - Thu, 12/04/2025 - 09:15
CHARLOTTE, N.C.--(BUSINESS WIRE)--Horizon acquires Anfield Capital Management, California-based firms with institutional background in fixed income, OCIO offerings and range of funds.

Pace selected by Prudential Financial to help automate its insurance operations with agentic AI

Lastest from Businesswire - Thu, 12/04/2025 - 09:15
NEW YORK--(BUSINESS WIRE)--Pace, the agentic workforce for insurance, was chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery. Pace’s AI-powered agents are now streamlining policy servicing and supporting quality assurance efforts within Prudential’s ILI business. The first set of automated systems is now live taking on thousands of hours of work. “Our work with Prudential is an example of how AI can be used as a strategic advantage,

KLAR INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Launches Investigation into Klarna Group plc, and Encourages Investors and Potential Witnesses to Contact Law Firm

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
SAN DIEGO--(BUSINESS WIRE)---- $KLAR--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Klarna Group plc.

Monroe Capital Supports Renovus Capital Partners’ Acquisitions of K2 Services, Epiq GBTS and Forrest Solutions

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of K2 Services (“K2”), Epiq Global Business Transformation Services (“Epiq GBTS”), and Forrest Solutions (“Forrest”) by private equity sponsor Renovus Capital Partners. Together, K2, Epiq GBTS and Forrest will combine to redefine how businesses mobilize, creating a scaled, integrated platform that serves

QC Ally Appoints Scott Ingram as Chief Information Officer to Accelerate Technology, Security, and Innovation

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
ROCK HILL, S.C.--(BUSINESS WIRE)-- #ChiefInformationOfficer--QC Ally, the leader in tech-enabled enterprise loan quality and audit services, today announced the appointment of Scott Ingram as its new Chief Information Officer (CIO). Scott brings more than two decades of experience in cybersecurity, cloud infrastructure, and enterprise technology leadership across the mortgage, fintech, and global technology sectors. Scott’s appointment follows a thorough search for a technology leader to support the company’s next stage

James R. Boyle, Former John Hancock President and CEO, Joins Star Mountain Capital as Senior Advisor

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with ~$4.5 billion in assets under management (“AUM”), is pleased to announce that Jim Boyle has joined the firm as a Senior Advisor. Mr. Boyle will leverage his extensive leadership experience transforming major financial institutions to advance Star Mountain's mission of creating long-term value in the lower middle-market. “Jim’s extensive experience navigating complex ec

FICO UK Credit Card Market Report: September 2025

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
LONDON--(BUSINESS WIRE)--The latest credit card data analysis from global analytics software leader FICO, for September 2025, underlines the financial balancing act households have faced this year. Following the Autumn Budget, there are clear signs that cardholders with accumulated debt (three missed payments) are falling into deeper delinquency. This is particularly pronounced for customers who have had their credit card for five years plus. Highlights The most significant year-on-year decline

Smartstream Introduces Agentic AI ‘Smart Agents’ for Investigations and Exceptions Handling

Lastest from Businesswire - Thu, 12/04/2025 - 06:15
LONDON--(BUSINESS WIRE)--Smartstream Introduces Agentic AI ‘Smart Agents’ for Investigations and Exceptions Handling

Klarna Launches Global ‘AI for Climate Resilience Program’ to Empower Communities on the Climate Frontlines

Lastest from Businesswire - Thu, 12/04/2025 - 03:15
STOCKHOLM--(BUSINESS WIRE)--Klarna, the global digital bank and payments provider, today launched its AI for Climate Resilience Program, a pioneering initiative using artificial intelligence to strengthen climate adaptation and community resilience across some of the world’s most affected regions. The AI for Climate Resilience Program is a global initiative by Klarna to accelerate the use of AI in tackling the local effects of climate change. It identifies and supports innovators developing pra

GoWit One: The Unified AI Operating System Set to Revolutionize Commerce & Retail Media

Lastest from Businesswire - Thu, 12/04/2025 - 03:15
NEWARK, Del. & ISTANBUL & DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #AI--GoWit, a global AdTech leader in omnichannel Commerce and Retail Media, announced the launch of GoWit One, the unified AI operating system that brings automation, unification, and real-time intelligence into a single ad platform for agencies operating across multiple retailers, channels, and markets. By bringing these three elements into one dashboard, GoWit One addresses the industry's most critical bottleneck: operational

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