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Assurant Donates $175,000 to Move For Hunger to Help Fight Growing Food Insecurity Across North America
ATLANTA--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, today announced it has donated $175,000 to Move For Hunger, a non-profit that assists individuals and families across North America who are food insecure. In May, Assurant held its annual global internal fundraising challenge dubbed “Moving to Fight Hunger” – donating one dollar for every mile of exercise an employee completed during th
Easterly Asset Management Appoints Todd Marion as Senior Vice President Private Wealth, Mid-Atlantic
BEVERLY, Mass.--(BUSINESS WIRE)--Easterly Asset Management (“Easterly”), home to investment teams providing investors with a portfolio of solutions across alternatives, active equity and active fixed income, today announced the appointment of Todd Marion as Senior Vice President, Mid-Atlantic. Marion will play a pivotal role in Easterly’s distribution strategy, focusing on building and maintaining relationships with new and existing clients across a variety of alternative investments across Del
Lovell Minnick Partners Appoints Richard Fuchs and Ron Garrow to Advisory Council
PHILADELPHIA & LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Lovell Minnick Partners (“LMP”), a private equity firm investing in growth-oriented companies, today announced the appointment of Richard Fuchs and Ron Garrow to its Advisory Council. Richard and Ron each bring over 30 years of experience and leadership in financial services, healthcare, life sciences and manufacturing. The two will assist LMP in identifying and evaluating new investment opportunities as well as support LMP’s portfolio com
NICE Actimize Positioned as Highest-Scoring Vendor in 2024 Quadrant Knowledge Solutions SPARK Matrix Know Your Customer Report
HOBOKEN, N.J.--(BUSINESS WIRE)-- #NICE--NICE Actimize, a NICE (NASDAQ: NICE) business, has been ranked by global advisory and consulting firm Quadrant Knowledge Solutions as a top performing Know Your Customer/Customer Due Diligence (KYC/CDD) Leader in its recently released “SPARK Matrix™: Know Your Customer (KYC) Solution, 2024” report. The Quadrant Knowledge Solutions study, which provides competitive analysis and a ranking of 22 KYC vendors, scored NICE Actimize and its consolidated KYC/CDD solution
Soluna Closes $30M Funding from Spring Lane Capital for Project Dorothy 2
ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today it has closed its latest round of financing from Spring Lane Capital (“SLC”) for a 48 MW expansion of Soluna’s flagship behind-the-meter data center, Project Dorothy, (“Dorothy 2”) facility. SLC, a private equity firm providing hybrid project capital for sustainability solutions,
SRA Watchtower Taps William Mills Agency for Public Relations Services
ATLANTA--(BUSINESS WIRE)--William Mills Agency, North America’s largest independent public relations and marketing firm specializing in financial technology, has been selected by SRA Watchtower, a Glen Allen, Va.-based financial technology services firm, and the provider of Watchtower, The Holistic Risk Intelligence Platform™, to lead its public relations program. SRA Watchtower, formerly known as Strategic Risk Associates, has evolved from its origins as a risk consulting firm, to now a leadin
Sterling Bancorp Reports Second Quarter 2024 Financial Results
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today reported its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Net income of $1.3 million, or $0.03 per diluted share Net interest margin of 2.44% Nonperforming loans of $12.2 million, 0.97% of total loans and 0.51% of total assets Provision for (recovery of) credit
Virpax Regains Compliance with Nasdaq Minimum Bid Price
BERWYN, Pa.--(BUSINESS WIRE)-- #pharma--Virpax Regains Compliance with Nasdaq Minimum Bid Price
ConnexPay Strengthens Leadership Team With New Executive Appointments
ATLANTA--(BUSINESS WIRE)-- #simplyconnectingpayments--ConnexPay, the world’s first all-in-one payments platform, today announced the appointment of Matt Peterson as Chief Financial Officer (CFO). Peterson will be responsible for all aspects of financial strategy and management for ConnexPay, playing a key role in driving the company’s growth and financial health. Ben Peters, CEO at ConnexPay, said, “I’m excited to welcome Matt to the ConnexPay team. He will be a great business partner and instrumental in helping us scale
PROG Holdings Reports Second Quarter 2024 Results
SALT LAKE CITY--(BUSINESS WIRE)--PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Vive Financial, Four Technologies, and Build today announced financial results for the second quarter ended June 30, 2024. "We are pleased to report a strong second quarter that exceeded our outlook on all key metrics, particularly on GMV, which grew 7.9% year-over-year" said PROG Holdings President and CEO Steve Michaels. "Second quarter GMV growth reflects our continued invest
‘Commission Poachers’ Claim as Much as 33% of Partner Marketing Spend
NEW YORK--(BUSINESS WIRE)-- #HARO--PartnerCentric proudly announces the latest groundbreaking addition to FUSE Incrementality™, Conversion Origination. This feature revolutionizes how marketers properly identify and compensate the partners responsible for driving product discovery and sales. More importantly, it identifies ‘commission poachers’ - partners not responsible, but taking credit by jumping into the sale at the last minute. "Brands depend on influencers and content creators for their authenti
Fiserv Reports Second Quarter 2024 Results
MILWAUKEE--(BUSINESS WIRE)--Fiserv Reports Second Quarter 2024 Results
Creadits Rebrands to SuperFaction: Revolutionizing the Games Industry with a Bold New Mission
CARLSBAD, Calif.--(BUSINESS WIRE)--Creadits, a leading creative user acquisition agency, and game growth solutions provider, is excited to announce its rebranding to SuperFaction. This change reflects the company's ambitious mission to upend the status quo in the games industry and provide a more sustainable, empowering environment for top talent. For years, the games industry has been plagued by unsustainable practices and inefficient use of its workforce. Traditional publishers have engaged i
Everstage’s Listing on Salesforce AppExchange Makes it the First Completely Configurable Commission Software
NEW YORK--(BUSINESS WIRE)--Everstage, a leader in sales compensation management software, is excited to announce its app listing on the Salesforce AppExchange. This listing coupled with its native Salesforce integration makes Everstage the first completely configurable commission software providing real-time visibility of performance for payees, and effortless data management for sales compensation administrators. Commission Estimation for Payees within Salesforce The Everstage Salesforce app i
Popular, Inc. Announces Second Quarter 2024 Financial Results
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation,” “Popular,” “we,” “us,” “our”) (NASDAQ:BPOP) reported net income of $177.8 million for the quarter ended June 30, 2024, compared to net income of $103.3 million for the quarter ended March 31, 2024. Net income in the first quarter of 2024 included a $9.1 million after tax expenses arising from the impact of the FDIC special assessment (the “FDIC Special Assessment”) and a $22.9 million tax expense related to prior period i
Fold to Go Public as the First Pureplay Financial Services Company Powered by Bitcoin
NEW YORK--(BUSINESS WIRE)--Fold, Inc. (“Fold”), a pioneering bitcoin financial services company, and FTAC Emerald Acquisition Corp. (NASDAQ: EMLD) (“FTAC Emerald”), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive agreement providing for a proposed business combination that will result in Fold becoming a publicly-listed company. Upon the closing of the proposed transaction, the combined company intends to remain listed on NASDAQ und
Westwood Financial Acquires Glenwood Park, Strengthening Atlanta Retail Portfolio
LOS ANGELES--(BUSINESS WIRE)--Westwood Financial, a premier commercial retail real estate investment firm, is excited to announce the acquisition of Glenwood Park in Atlanta, GA. This unique high-density, core-plus property, nestled adjacent to the Atlanta BeltLine in the upscale Glenwood Park neighborhood, stands out in the Atlanta metropolitan area. The property's key features include approximately 48,633 square feet of street-level retail space within a mixed-use development that includes 37
Blackstone Mortgage Trust Reports Second Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its second quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $61 million. Second quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.35), $0.49, $0.56, and $0.62, respectively. In addition, BXMT declared a dividend of $0.47 per share of class A common stock with respect to the third quarter of 2024.
Weis Markets Selects SymphonyAI CINDE AI for Deep AI-Based Customer Analytics to Deliver Category Management Excellence
PALO ALTO, Calif.--(BUSINESS WIRE)--SymphonyAI, a leader in predictive and generative enterprise AI SaaS products, today announced Mid-Atlantic food retailer Weis Markets has selected CINDE AI to develop prescriptive insights that uncover opportunities and actions to engage customers and accelerate growth. Weis Markets has partnered with SymphonyAI since 2018. When the project is complete, the Weis Markets category management team will have an integrated, category-wide view with AI-based insigh
Popular Announces Capital Actions
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (the “Corporation”) (NASDAQ: BPOP) announced today the following capital actions: common stock repurchases of up to $500 million; and an increase in the Corporation’s quarterly common stock dividend from $0.62 to $0.70 per share, commencing with the dividend payable in the first quarter of 2025, subject to the approval by the Corporation’s Board of Directors. The Corporation’s planned common stock repurchases may be executed in open market t