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Kinective Acquires Datava, Augmenting Banking Operations Platform with End-to-End Data Intelligence

Wed, 04/16/2025 - 11:16
PHOENIX--(BUSINESS WIRE)--Kinective's acquisition of Datava creates the industry's first banking operations platform fueled by data intelligence.

Pixis Unveils New Brand Identity to Cement Leadership in the Future of AI-Powered Advertising

Wed, 04/16/2025 - 11:16
NEW YORK--(BUSINESS WIRE)--Today, Pixis, the AI-powered advertising solution helping brands improve ad performance and streamline workflows, announced its new brand identity to reflect its evolution and future vision. This rebrand signifies a pivotal milestone for the company as it strengthens its position as a strategic partner for marketers navigating a new era of advertising with AI at the core. With over $1 billion in ad spend flowing through the Pixis platform in the last year alone, the t

FINEOS and Wellthy Strengthen Benefits Ecosystem with Embedded Care Concierge Services

Wed, 04/16/2025 - 11:16
ATLANTA--(BUSINESS WIRE)-- #employeebenefits--FINEOS Corporation (ASX:FCL), the leading provider of core systems for Employee Benefits, has partnered with Wellthy, a personalized care concierge platform that helps employees and their families navigate complex health and caregiving challenges. This collaboration combines FINEOS AdminSuite, the only modern, comprehensive core system purpose-built for Group, Voluntary, and Absence Management, with Wellthy’s deep expertise in delivering direct, personalized care suppo

Empathy Collaboration with Voya Financial Brings Industry-First Legacy Planning to Millions

Wed, 04/16/2025 - 11:16
NEW YORK--(BUSINESS WIRE)--Empathy, the leading technology company transforming how the world plans for and manages life’s toughest moments, announced today a collaboration with Voya Financial to offer Empathy LifeVault™ to its clients. Voya is the first financial institution to implement LifeVault, providing policyholders, employees, and beneficiaries an innovative and robust platform for planning ahead. Empathy’s most recent annual research report, The Grief Tax, revealed the costs of loss an

AmeriServ Financial Announces Signing of New Advisory Agreement with Significant Shareholder SB Value Partners, L.P.

Wed, 04/16/2025 - 11:16
JOHNSTOWN, Pa.--(BUSINESS WIRE)--AmeriServ Financial, Inc. (NASDAQ: ASRV) (“AmeriServ” or the “Company”) today announced it has signed a new advisory agreement (the “Advisory Agreement”) with significant shareholder SB Value Partners L.P. (“SBV”) to help grow and optimize its $2.4 billion assets under management in its trust and wealth management business. Also, both AmeriServ and SBV have mutually agreed to extend their Cooperation Agreement (the “Cooperation Agreement”), originally signed on

DAT: Spot flatbed volumes surged in March

Wed, 04/16/2025 - 11:16
BEAVERTON, Ore.--(BUSINESS WIRE)--Spot truckload freight volumes rebounded in March, led by a sharp increase in the movement of flatbed loads, said DAT Freight & Analytics, which operates the DAT One freight marketplace and DAT iQ data analytics service. The DAT Truckload Volume Index (TVI), a measure of dry van, refrigerated (“reefer”), and flatbed loads moved in a month, increased for all three equipment types compared to February: Van TVI: 276, up 5% month over month Reefer TVI: 218, up

LINQ Expands Services & Support to Help School Districts Unlock Their Full Potential

Wed, 04/16/2025 - 11:16
WILMINGTON, N.C.--(BUSINESS WIRE)-- #EdTech--LINQ expands Services & Support to streamline onboarding, enhance AI support, and strengthen district partnerships.

HG Insights Redefines Data Intelligence for Marketing and Sales Leaders to Optimize GTM Execution

Wed, 04/16/2025 - 11:16
SANTA BARBARA, Calif.--(BUSINESS WIRE)--HG Insights, the provider of AI-powered, go-to-market insights to 90% of Fortune 500 tech companies, today announced the development of HG Revenue Growth Intelligence Fabric. This provides a new unified, comprehensive data repository yielding high-quality, detailed data necessary to optimize GTM functions across Marketing, RevOps, and Sales. HG’s Revenue Growth Intelligence (RGI) Fabric also delivers the foundational data for AI-powered HG Insights Co-Pil

Candidly and Fiducius Announce New Effort to Enhance Fiducius’s Offerings With College Planning and Payment Tools

Wed, 04/16/2025 - 11:16
NEW YORK--(BUSINESS WIRE)--Candidly, the market’s leading AI-driven student debt and savings optimization platform has partnered with Fiducius, a top provider of financial wellness benefits. Through this collaboration, Fiducius will enhance its employee benefits platform by integrating select Candidly tools for college savings and private student lending. This new relationship will enable Candidly to expand the impact of its solutions for planning and paying for college and, in turn, allow Fidu

Ares Acquisition Corporation II Announces Monthly Contribution to Trust Account in Connection With Proposed Extension

Wed, 04/16/2025 - 11:16
NEW YORK--(BUSINESS WIRE)--Ares Acquisition Corporation II (NYSE: “AACT.U”, “AACT”, “AACT WS”) (“AACT” or the “Company”) announced today that the Company’s sponsor, Ares Acquisition Holdings II LP (the “Sponsor”), agreed to make monthly deposits directly to the Company’s trust account of $0.02 for each outstanding Class A ordinary share, par value $0.0001 per share (the “Class A Ordinary Shares”), of the Company, other than Class A Ordinary Shares held by the Sponsor upon any conversion of Clas

Redfin Reports Florida and Texas Are Gaining Residents at a Much Slower Rate Than They Used to, Eating Into Homebuyer Demand

Wed, 04/16/2025 - 11:16
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The flow of U.S. residents moving into Florida, Texas and other parts of the Sun Belt slowed significantly in 2024, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Tampa had a net inflow of just over 10,000 residents in 2024, less than one-third the 35,000-person net inflow the year before, marking the biggest slowdown in domestic migration of the 50 most populous U.S. metros. Net inflow is how many

Schwab Announces Strategic Investment in Wealth.com to Support Estate Planning Capabilities for Investors

Wed, 04/16/2025 - 11:16
WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation today announced it has made a minority investment in Wealth.com, the #1 rated estate planning platform in wealth management1 that is modernizing how financial advisors help clients of all wealth levels with their estate planning needs. Schwab’s investment will help Wealth.com continue to scale its capabilities to make it easier for financial firms and advisors to provide valuable estate planning services to individuals and familie

Velocity Financial, Inc. Announces Date of First Quarter 2025 Financial Results Webcast and Conference Call

Wed, 04/16/2025 - 11:16
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Velocity Financial, Inc. (NYSE:VEL) (“Velocity” or “Company”), a leader in commercial investor loans, will release its first quarter 2025 results after the market close on Thursday, May 1, 2025. Velocity’s executive management team will host a conference call and webcast to review its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day. Webcast Information The conference call will be webcast live in listen-only mode and

ICE Bonds Enhances MBS Trading With New RFQ Protocol on ICE TMC Platform

Wed, 04/16/2025 - 11:16
NEW YORK & ATLANTA--(BUSINESS WIRE)--ICE Bonds, part of Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today announced the launch of a new Request-for-Quote (RFQ) protocol for Mortgage-Backed Securities (MBS). This new functionality sits alongside ICE Bonds’ existing MBS Click-to-Trade marketplace and allows clients to send MBS RFQs within ICE TMC’s anonymous trading pool. The ICE TMC platform now offers an enhanced suite of execution capabilities for M

Redpoint Global and HCLTech Partner to Deliver 3X Engagement, 2X ROI Through Data-Driven Experience

Wed, 04/16/2025 - 11:16
WELLESLEY, Mass.--(BUSINESS WIRE)-- #CDP--Redpoint Global & HCLTech partner to combine companies’ expertise in digital engagement and customer experience technology.

BlackRock Expands iShares Build ETF Toolkit with Industry’s First S&P 500 3%-Capped Weighted ETF

Wed, 04/16/2025 - 11:16
NEW YORK--(BUSINESS WIRE)--The increasing influence of mega-cap stocks in the U.S. capital market signals the critical need for investors to review their equity exposure to pursue their portfolio goals. Today, BlackRock launched the industry’s first 3% capped weighted ETF in the U.S. – the iShares S&P 500 3% Capped ETF (NYSE:TOPC) – providing investors balanced exposure to the 500 largest U.S. companies with greater issuer and sector diversification. “TOPC introduces a timely innovation to

Jones Street Investment Partners Sells Three Multifamily Properties for 14.4% Gross IRR

Wed, 04/16/2025 - 11:16
BOSTON--(BUSINESS WIRE)--Jones Street Investment Partners (“Jones Street”), a private equity real estate firm specializing in multifamily investments across the Northeast and Mid-Atlantic regions of the U.S., today announced the successful disposition of three multifamily properties—located in Albany, NY, Hanover, MA, and Norton, MA—through separate sale transactions totaling $159.5 million in gross proceeds. Each asset was acquired as a core-plus investment and benefited from strong regional d

Community Trust Bancorp, Inc. Reports Earnings for the 1st Quarter 2025

Wed, 04/16/2025 - 08:16
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc. (NASDAQ-CTBI):  Earnings Summary (in thousands except per share data) 1Q 2025 4Q 2024 1Q 2024 Net income $21,972 $22,493 $18,679 Earnings per share $1.22 $1.25 $1.04 Earnings per share – diluted $1.22 $1.25 $1.04         Return on average assets 1.44% 1.47% 1.30% Return on average equity 11.50% 11.77% 10.61% Efficiency ratio 51.86% 51.60% 54.94% Tangible common equity 11.57% 11.30% 11.10%         Dividends declared per share $0.47 $

Omaha National Appoints Jeff Goeser as New CFO

Wed, 04/16/2025 - 08:16
OMAHA, Neb.--(BUSINESS WIRE)-- #CFO--Omaha National names Jeff Goeser as CFO to support strategic growth; he brings experience from Orion and TD Ameritrade to the executive team.

CCBank Selects Tyfone For Digital Transformation

Wed, 04/16/2025 - 08:16
PORTLAND, Ore.--(BUSINESS WIRE)-- #CCBank--Digital banking provider Tyfone today announced CCBank chose the nFinia® Digital Banking Platform for its digital banking solutions. With assets exceeding $1 billion, the Utah-based CCBank sought to find a digital banking provider that was forward thinking, offering a sleek user interface and intuitive product for customers. With six branches across the state, CCBank has experienced significant growth and wanted to offer innovative digital tools to its small- an

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