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Novel Financial Holdings Forms to Oversee Insurance Carriers Supporting Managing General Underwriters

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
JERSEY CITY, N.J.--(BUSINESS WIRE)--Novel Financial Holdings LLC (“Novel”) announced its formation and the appointment of its executive leadership team.

Safe Pro Group Set to Join Russell Microcap® Index

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
AVENTURA, Fla.--(BUSINESS WIRE)--Safe Pro Group Inc. (Nasdaq: SPAI) ("Safe Pro" or the "Company"), a leading provider of artificial intelligence (AI)-driven security solutions, is set to join the Russell Microcap® Index at the conclusion of the 2025 Russell indexes annual reconstitution, effective after the US market opens on June 30, 2025, according to a preliminary list of additions posted on May 23, 2025. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of

Zocks and Commonwealth to Bring AI-Powered Client Intelligence to Affiliated Advisors

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
WALTHAM, Mass. & SAN FRANCISCO--(BUSINESS WIRE)--Zocks, an innovative, privacy-first AI platform that turns client conversations into actionable data and insights, and Commonwealth Financial Network (“Commonwealth”), a national RIA dedicated to providing financial advisors with holistic, integrated business solutions, announces its partnering to implement Zocks’ technology across Commonwealth’s advisor network. The collaboration reflects Commonwealth’s focus on scaling advisor efficiency in a w

Easterly Government Properties to Participate at Nareit’s REITweek 2025 Investor Conference

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today that management will present at Nareit’s REITweek 2025 Investor Conference (the “Conference”) in New York, New York on June 3, 2025 from 9:30 – 10:00 AM Eastern Time. The

Redfin Reports Investor Purchases of Condos Fall to Lowest Level in 10 Years, Aside From Start of Pandemic

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —U.S. real estate investors purchased 46,726 homes in the first quarter, up 2% year over year. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Investor purchases have been relatively stable for the last year, increasing or decreasing by 4% or less each quarter. This puts an end to the wild pandemic-era swings in investor purchases, with purchases increasing by up to 145% year over year in the middl

FIS to Enhance Back-Office Operations for MUFG Securities Canada

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced it has been selected by MUFG Securities (Canada), Ltd. (MUSC) to power its back-office operations. As a broker dealer providing services to institutional clients in Canadian capital markets, MUSC chose FIS’ Post Trade Processing Platform to help streamline its back-office operations, mitigate risk, and ultimately help unlock business growth. “Broker-dealers are under more pressure tha

YCharts Launches Household Portfolios and Folders to Streamline Advisor Workflows

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
CHICAGO--(BUSINESS WIRE)--YCharts' new Household Portfolios and Folders help advisors organize data, simplify reporting, and create more impactful proposals.

Valley Bank Invested More than $2.5 Billion to Support Its Communities in 2024

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MORRISTOWN, N.J.--(BUSINESS WIRE)--Valley Bank releases 2024 Sustainability Report combining Corporate Social Responsibility Report and Environmental, Social, and Governance Report

As Personal Financial Health Deteriorates, More Customers Look to Retail Banks for Help Navigating Everyday Economic Challenges, J.D. Power Finds

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
TROY, Mich.--(BUSINESS WIRE)--J.D. Power: As Personal Financial Health Deteriorates, More Customers Look to Retail Banks for Help Navigating Everyday Economic Challenges

NICE Actimize Empowers SURVEIL-X with Generative AI, Launching a New Era in Market Abuse and Conduct Risk Detection

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
HOBOKEN, N.J.--(BUSINESS WIRE)-- #AI--NICE Actimize, a NICE (NASDAQ: NICE) business, today announced that its market-leading SURVEIL-X Holistic Conduct Surveillance solution is now integrated with Actimize Intelligence, powerful Generative AI capabilities designed to ensure accurate and timely detection of market abuse and conduct risks across every type of regulated employee communication, from emails and chats to traditional voice calls. Created to address the growing complexities of financial crim

REX Financial Unveils the REX NVDA Growth & Income ETF, the First Fund in New Single Stock Covered Call ETF Suite

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MIAMI--(BUSINESS WIRE)--REX Financial (“REX”), a leader in innovative exchange-traded products, today announces the launch of a new single stock covered call suite with the REX NVDA Growth & Income ETF (CBOE: NVII). NVII seeks to provide balance between growth and income by offering between 1.05x and 1.50x targeted exposure to NVIDIA Corporation (NVDA) and aiming to provide weekly income by selling options on half of the targeted portfolio. "The launch of NVII marks the beginning of an exci

TrueBlue’s PeopleScout Wins 2025 American Business Award for Affinix® Talent Technology

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
TACOMA, Wash.--(BUSINESS WIRE)--PeopleScout, a TrueBlue (NYSE: TBI) company and global talent solutions leader, has been named a Bronze Stevie® Award winner in the Achievement in Technology Innovation category of the 2025 American Business Awards®. The company earned this honor for its proprietary Affinix® platform, which drives faster, smarter hiring through AI-powered tools and advanced analytics. “Advancing our digital transformation is a critical pillar of our TrueBlue strategy, and the inn

Fiserv to Present at Upcoming Investor Conferences

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MILWAUKEE--(BUSINESS WIRE)--Fiserv to Present at Upcoming Investor Conferences

Palla Secures $14.5 Million Series A Funding to Drive Expansion and Innovation in Cross-Border Payments

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MIAMI--(BUSINESS WIRE)--Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, announced today that it has raised $14.5 million in a Series A funding round. The round was led by Revolution Ventures, with participation from Y Combinator, Ardent, Cowboy Ventures, Dash Fund, Uncommon Capital, Meta Fund, Evolution VC, First Check Ventures, Vitalize, and DeepWork Capital. David Golden, Managing Partner at Revolution V

Hearing Against Pfizer Set For 30 May In Contraceptive ‘Depo-Provera’ Multidistrict Litigation Overseen By Levin Papantonio

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
PENSACOLA, Fla.--(BUSINESS WIRE)--A Case Management Conference (CMC) in the Depo-Provera legal action against Pfizer Inc. (NYSE:PFE) will take place on Friday, 30 May at 9:00am CT in the United States Courthouse is Pensacola, Florida. The litigation is being brought on behalf of women in the USA who developed meningiomas after receiving at least 4 consecutive injections of Pfizer’s Depo-Provera (DMPA). One of the law firms appointed to the Plaintiff’s Executive Committee responsible for oversee

Eagle Point Income Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA, EICB, EICC) today announced financial results for the quarter ended March 31, 2025 and certain additional activity through April 30, 2025, and declared distributions on shares of the Company’s common and preferred stock. “We capitalized on the downturn in the latter part of Q1 by deploying capital into CLO debt at discounted prices,” said Thomas P. Majewski, Chairman and Chief Executive Officer.

Eagle Point Credit Company Inc. Announces First Quarter 2025 Financial Results and Declares Third Quarter 2025 Common and Preferred Distributions

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCF, ECCU, ECCV, ECCW, ECCX) today announced financial results for the quarter ended March 31, 2025 and certain additional activity through April 30, 2025, and declared distributions on shares of the Company’s common and preferred stock. “The Company had a solid start to the year, deploying nearly $200 million into new investments with compelling risk-adjusted returns,” said Thomas P.

Trade Tensions Reshaping U.S. Corporate Strategy, HSBC Survey Finds

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--U.S. companies remain optimistic about future international expansion despite facing cost pressures, disrupted supply chains and ongoing uncertainty more acutely when compared to global peers, according to HSBC’s inaugural Trade Pulse survey. Despite current headwinds, American businesses remain optimistic about long term international growth and most are increasing reliance on the U.S. market in the immediate term. The survey captured responses from over 5,700 intern

Cantor Fitzgerald expands asset management capabilities with acquisition of UBS’s O’Connor alternatives investment platform

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald (“Cantor Fitzgerald” and the “Company”), a leading global financial services firm, today announced it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit and commodities, with approximately $11 billion in invested assets. This acquisition will significantly bolster Cantor Fitzgerald’s Asset Management (“CFAM”) capabilities and supports the Company’s broader gro

Fraudsters Have the Edge, but Financial Institutions Are Fighting Back: New DataVisor Report Unveils 2025’s Top Threats and Strategic Priorities

Lastest from Businesswire - Wed, 05/28/2025 - 08:40
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, released its 2025 Executive Report, highlighting the escalating challenges organizations face in combating sophisticated fraud schemes. The report underscores a significant shift in the fraud landscape, with 75% of surveyed institutions acknowledging that bad actors are leveraging generative AI more effectively than legitimate organizations. From deepfakes to synthetic identities, criminal

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