Lastest from Businesswire
WEX Announces Intention to Launch Modified Dutch Auction Tender Offer
PORTLAND, Maine--(BUSINESS WIRE)--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced its current intention to launch a “modified Dutch auction” tender offer to purchase up to $750 million worth of common stock, par value $0.01 per share (“Common Stock”) at a cash purchase price of not less than $148 per share nor greater than $170 per share (the “Purchase Price”). WEX currently expects to consummate one or more debt financings,
Dwight Capital and Dwight Mortgage Trust Finance $307.6MM in January 2025
MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $307.6MM in real estate financings in January. Notable transactions included a construction loan for Sutphin Phase II in New York, a bridge loan for a portfolio of four skilled nursing facilities on the East Coast, and another bridge loan for Silk Lofts in New Jersey. DMT provided a $148MM construction loan for Sutphin II, a planned 524-unit luxury high-rise apartment building in Jamaica, NY. Th
LRN Unveils Enhanced Catalyst Reveal for Next-Gen Ethics & Compliance Program Insights
NEW YORK--(BUSINESS WIRE)--LRN Corporation, a global leader in ethics and compliance (E&C) solutions, today announced the relaunch of its Catalyst Reveal solution, which will be available in March. With a refined, intuitive interface and insights-first analytics, Catalyst Reveal simplifies dynamic data exploration for E&C leaders and provides organizations with real-time, actionable insights to manage risk and measure, improve, and demonstrate the impact of compliance programs. Develope
Material Announces Two Senior Leadership Appointments
LOS ANGELES--(BUSINESS WIRE)--Material is pleased to announce Anutosh Yadav has joined as SVP and CTO, and Ben Mooney expands his role as managing director for the APAC region.
MACH Alliance Welcomes Accenture Song, Elevating Awareness of Composable Commerce on a Global Scale
NEW YORK--(BUSINESS WIRE)--MACH Alliance today announced that Accenture Song has signed on to be a member, joining an exclusive group of MACH system integrators.
John Marshall Bank Expands Loudoun Team with the Hiring of Devin Perry as Vice President, Commercial Lender
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is pleased to welcome Devin Perry as Vice President, Commercial Lender in the Bank’s Loudoun Region. Operating out of the Bank’s new Loudoun Branch, Mr. Perry will utilize his knowledge of the Loudoun market and his extensive banking skills to assist the Bank’s existing and prospective Loudoun clients with an emphasis on local operating companies in t
VikingCloud Extends Relationship with Fiserv to Defend More Small- and Medium-sized Businesses Against Cyber Attacks
CHICAGO & DUBLIN, Ireland--(BUSINESS WIRE)--VikingCloud, a global cybersecurity and Payment Card Industry (PCI) compliance company, today announced a new multi-year agreement with Fiserv, Inc., a leading global provider of payments and financial services technology, to deliver cybersecurity solutions designed to reduce the growing cyber risks faced by their small and medium-sized merchants (SMBs). SMBs continue to be the primary target for cybercriminals because they are typically the least pre
Pega Launches Customer Engagement Blueprint to Optimize AI-Powered Personalization
WALTHAM, Mass.--(BUSINESS WIRE)--Pegasystems Inc. (NASDAQ: PEGA), The Enterprise Transformation CompanyTM, today announced Pega Customer Engagement Blueprint, a generative AI-powered collaboration tool that helps marketing, customer experience, and AI practitioners design customer engagement programs with precision, speed, and clarity. This solution – powered by Pega GenAI BlueprintTM – provides scalability and advanced gen AI capabilities that enable any user to better understand, adapt, deliv
Now Every Manager Gets the Power of a Chief of Staff and Leadership Coach: WorkBoardAI Unveils 2 New Digital Workers
REDWOOD CITY, Calif.--(BUSINESS WIRE)--WorkBoardAI, the leading provider of enterprise strategy execution and OKR software, today announced the launch of its digital chief of staff and leadership coach agents. These digital workers are AI agents that use knowledge of company strategy and team objectives to assist managers with alignment, accountability, and coaching that improve individual, team and company outcomes. Introducing John, the digital chief of staff that helps people leaders orchest
AtoB Appoints FinTech & AdTech Veteran Mohan Kumar to a Critical Leadership Role
SAN FRANCISCO--(BUSINESS WIRE)--AtoB, the San Francisco-based startup transforming fuel payments and fintech for the trucking industry, has appointed Mohan Kumar as Head of Product and Platform Engineering. A recognized leader in hyper scalable temporal data systems, Kumar brings over 15 years of experience in building high-performance, auditable fintech infrastructure. "AtoB is at a pivotal moment of transitioning from a product-focused company to a platform-first ecosystem that unlocks new ef
Braze Global Customer Engagement Review Reveals Key Trends for 2025 to Help Brands Build Stronger Customer Connections
NEW YORK--(BUSINESS WIRE)--Braze (Nasdaq: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today released its fifth annual Global Customer Engagement Review (CER), uncovering some of the biggest trends shaping customer engagement across AI and experimentation, data and personalization, emotions and loyalty, and more. In today’s always on digital economy, consumer expectations for customer experience continue to rise, and brands face tougher compet
DebtBook Launches Sizing Feature to Empower Treasury Teams with In-House Debt Structuring Capabilities
CHARLOTTE, N.C.--(BUSINESS WIRE)--DebtBook announces the launch of its Sizing feature enabling treasury teams to structure, compare, and analyze financing options in-house.
Webull and Capitalize Partner to Simplify Retirement Account Rollovers
NEW YORK--(BUSINESS WIRE)--Capitalize’s Rollover API Will Allow Users to Seamlessly Transfer Legacy 401(k)s Into Webull Retirement Accounts
M-Files Strengthens Its Mission to Empower Knowledge Workers with Strategic Executive Hires
AUSTIN, Texas--(BUSINESS WIRE)--M-Files, the leader in knowledge work automation, today announced two new hires that will advance the company’s mission to empower knowledge workers to work smarter. Heather Guntrum joins M-Files as Chief Customer Officer, and Tony Grout joins as Chief Product Officer. The new hires follow the appointment of industry veteran Jay Bhatt as CEO, adding to a leadership team poised to help M-Files accelerate product innovation, customer success, and financial growth.
Zeta Launches Selene: Gen AI Customer Support Agent for Banks and Fintechs
SAN RAMON, Calif.--(BUSINESS WIRE)-- #AI--Zeta, a leader in modern card processing, launched Selene - an AI-powered assistant that transforms how issuers handle customer service.
Thread Bancorp, Inc. Welcomes Financial Services Veteran Bob Diegel as Chief Operations Officer
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Thread Bank (“Thread”) recently appointed Bob Diegel as Chief Operations Officer. Diegel will play a pivotal role in driving the Bank’s next phase of strategic growth through continuing to optimize its operational efficiency and overall business processes. With more than 20 years of experience driving industry change, providing strategic leadership to high-performing teams, and managing partnerships and extensive customer networks, Diegel brings a proven track
H/Advisors Abernathy M&A Insights: More Than 60% the Largest Transactions Announced in 2024 Leaked Before Announcement
NEW YORK--(BUSINESS WIRE)--H/Advisors Abernathy, a leading strategic communications advisor, today released its fifth annual research and analysis of pre-announcement leaks of North American M&A transactions announced in 2024. H/Advisors Abernathy’s proprietary research – ‘When Deals Spring a Leak Volume V’ –provides corporate leaders, Boards of Directors and M&A advisors with key insights and trends from the past year of dealmaking. Building on the firm’s proprietary database of M&
CBL Properties Announces Officer Promotions
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced several promotions including one promotion to Senior Vice President and five new Vice Presidents. “We are proud to recognize the significant contributions of these individuals with these well-deserved promotions,” commented Stephen D. Lebovitz, chief executive officer of CBL Properties. “Their dedication, leadership, and ongoing commitment to CBL have been instrumental to our success, and we look forward to seeing t
Advisor360° Survey: Generative AI Use Surges Among Financial Advisors
WESTON, Mass.--(BUSINESS WIRE)-- #ConnectedWealth--Advisor360°: Gen AI usage surges among financial advisors (91% using today); 85% call Gen AI a ‘Help.' 76% get an immediate boost from Gen AI tools
Betterworks 2025 Study Shows 78% of AI Power Users Are Actively Looking for New Jobs
MENLO PARK, Calif.--(BUSINESS WIRE)--Betterworks, the leading modern performance management software company, today released its highly anticipated 2025 State of Performance Enablement report, “AI and the Employee Experience: Balancing Opportunity and Anxiety.” It reveals a workplace at a crossroads: AI is driving record-breaking productivity, but its most engaged users are heading for the exit. The divide is driving employee sentiments in opposite directions, threatening to undermine organizat