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Bilt Rewards Announces $200 Million Raise Valuing Company at $3.1 Billion

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
NEW YORK--(BUSINESS WIRE)--Bilt Rewards announced a $200 million equity investment, which makes it's valuation $3.1 billion. Ken Chenault also joined Bilt's Board as Chairman.

Shore Capital Partners Announces Partnership with C2Dx and Acquisition of Otolaryngology/Head and Neck Surgery Assets from Cook Medical

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
CHICAGO & KALAMAZOO, Mich.--(BUSINESS WIRE)--Shore Capital Partners is pleased to announce it has completed a partnership with C2Dx, a medical device company based in Kalamazoo, Michigan.

DALBAR’s Annuity Service Award Honors First-Class Investor Service

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
MARLBOROUGH, Mass.--(BUSINESS WIRE)--DALBAR, Inc., the preeminent auditor of customer service within the financial services industry, proudly continues to unveil the distinguished recipients of the 2023 DALBAR Service Award. This week, the awardee of the Annuity Service Award, recognized for their outstanding customer service support to their annuity clients is announced: Guardian Guardian is heralded for their commitment to outstanding customer service to annuity clients, and emerged successfu

Nacha Announces Board of Directors for 2024, Reflecting Expertise in the Payments Industry

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
HERNDON, Va.--(BUSINESS WIRE)--Nacha announced its Board of Directors for 2024, featuring accomplished professionals representing a wide array of backgrounds within the payments ecosystem. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association. "I want to thank each member of the Board of Directors for their commitment to serve," said Jane Larimer, Nacha President and CEO. "I look forward to working with them as we co

Prismatic Announces the Launch of Its Revolutionary Financial Management Platform

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
NEW YORK--(BUSINESS WIRE)-- #Quickbooks--Prismatic, a next-generation financial accounting technology platform, today announced the launch of its innovative solution designed for multi-entity businesses. This cutting-edge platform is set to transform the landscape of financial accounting, addressing the unique challenges faced by small and mid-sized companies managing complex financial operations. “Our mission is to simplify the complexities of financial management for multi-entity businesses,” said Dean Pal

Keller Rohrback L.L.P.: Portland Jury Awards $85M Judgment to 9 Victims of Labor Day 2020 Fires in First PacifiCorp Damage Phase Trials

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
PORTLAND, Ore.--(BUSINESS WIRE)--A jury in Portland, Oregon awarded approximately $84 million in compensation from PacifiCorp to nine survivors of the fires that swept across Oregon on Labor Day 2020. The verdict, which consisted of $6 million in economic and $56 million in non-economic damages, translates to an award of more than $84 million after the doubling of economic damages and the addition of punitive damages of 25% that are automatically applied given the jury’s verdict in the first Ph

Nelson Connects Releases 2024 Salary Guide & Workplace Trends Report

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
SAN RAFAEL, Calif.--(BUSINESS WIRE)-- #2024SalaryGuide--California-based workforce solutions firm Nelson Connects has released its 2024 Salary Guide & Workplace Trends Report. The complimentary resource provides employers with compensation data for over 200 positions across California’s major metro markets plus a key for calculating salaries in many other U.S. hiring hubs. The guide offers county-level pay ranges for employment markets in San Francisco, Silicon Valley, East Bay & Tri-Valley, Solano County

NCPERS Names Illinois State Treasurer Policymaker of the Year

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
WASHINGTON--(BUSINESS WIRE)-- #NCPERS--The National Conference on Public Employee Retirement Systems (NCPERS) presented The Honorable Michael Frerichs, Illinois State Treasurer, with its 2023 Policymaker of the Year Award. The award, presented annually during NCPERS Legislative Conference, recognizes the efforts of a policymaker who has had a positive impact on public pensions or whose efforts have contributed to improvements in retirement security more broadly. “The Honorable Michael Frerichs is proof o

AM Best Affirms Credit Ratings of ACMAT Corporation and ACSTAR Insurance Company

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of ACMAT Corporation (ACMAT) (Farmington, CT) [OTC Market: ACMT]. Concurrently, AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term ICR of “a” (Excellent) of ACMAT’s wholly owned subsidiary, ACSTAR Insurance Company (ACSTAR) (Chicago, IL). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ACSTAR’s balance sheet stren

Winston & Strawn Launches Artificial Intelligence Strategy Group

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
CHICAGO--(BUSINESS WIRE)--Winston & Strawn LLP is pleased to announce the launch of its Artificial Intelligence (AI) Strategy Group. Consistent with Winston’s long-standing tradition of thought leadership on the intersection of law and technology, the group will be responsible for coordinating the full spectrum of transactional, litigation, regulatory, and counseling services across industries as it relates to the adoption and regulation of artificial intelligence, with a particular focus o

XTM Inc. Provides Further Disclosure on Licensing Agreement

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
MIAMI & TORONTO--(BUSINESS WIRE)---- $PAID #Fintech--XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto, Denver and London-based Fintech creator of payment innovations including fully certified Earned Wage Access (“EWA”) through its QRails AnyDay™ product, further to its news release of January 19, 2024 that the Company entered into a USD$3,000,000 licensing agreement on January 19, 2024 (the “Licensing Agreement”) to provide EWA processing for a U.S. entity (the “Customer”),

TD Bank Targets $20 Billion to Spark Economic Opportunities for Low- and Moderate-Income, Diverse and Underserved Communities across 15 States and Washington, D.C.

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank's three-year, $20B Community Impact Plan will serve diverse and underserved communities with lending, philanthropy and more.

H.I.G. Realty Partners Recognized for Top Mid-Sized Real Estate Performance

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
NEW YORK--(BUSINESS WIRE)-- #Awards--H.I.G. Realty Partners was awarded “Best Performance Over $500M: Real Estate” by Private Equity Wire.

Angel Oak Capital Advisors Continues Success With ETF Platform as Angel Oak Income ETF Crosses $100 Million in Assets Under Management

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
ATLANTA--(BUSINESS WIRE)---- $CARY--Angel Oak Capital Advisors announces the Angel Oak Income ETF (NYSE: CARY) has crossed $100 million in assets under management.

The Law Offices of Frank R. Cruz Continues Its Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
LOS ANGELES--(BUSINESS WIRE)---- $SPR--The Law Offices of Frank R. Cruz Continues Its Investigation of Spirit AeroSystems Holdings, Inc. (SPR) on Behalf of Investors

Audora Reshapes the Auditing Landscape with Automation

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
RICHMOND, Va.--(BUSINESS WIRE)--Built by auditors, for auditors, Audora announces the launch of its cybersecurity compliance automation platform to streamline audit processes.

AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Himalayan Reinsurance Limited

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
SINGAPORE--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating to B+ (Good) from B (Fair) and the Long-Term Issuer Credit Rating to “bbb-” (Good) from “bb+” (Fair) of Himalayan Reinsurance Limited (Himalayan Re) (Nepal). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Himalayan Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating perform

Vonage Research Reveals Nearly Half of Consumers Expect 24/7 Customer Service Support, Nearly Three Quarters Will Switch Businesses Following a Subpar Experience

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a global leader in cloud communications helping businesses accelerate their digital transformation and a part of Ericsson (NASDAQ: ERIC), has released its Global Customer Engagement Report 2024. The 12th annual report outlines data and insights into customer communications preferences with friends, family and businesses, highlighting emerging trends that emphasise the need for business to augment these interactions with artificial intelligence (AI) to giv

Macmillan Learning to Recognize Outstanding Student and Instructor at EconEd Summit

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
NEW YORK--(BUSINESS WIRE)-- #EconChat--Macmillan Learning will honor an Economics student and instructor with the new EconEd award, including $2,500 and an all-expenses-paid trip

TSG Announces 2024 Top Performing Payment Gateways

Lastest from Businesswire - Wed, 01/24/2024 - 11:58
OMAHA, Neb.--(BUSINESS WIRE)-- #Awards--TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, is pleased to recognize a selection of payments companies for their exceptional performance across several key areas critical to a successful platform. Leveraging its Global Experience Monitoring (GEM) platform, GEM monitors real credit card transactions and pings (not synthetic) from over 30 global locations across North America, South A

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