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New Bloomfire Report Reveals $2.4B Opportunity with Enterprise Intelligence Adoption

Tue, 04/08/2025 - 08:12
AUSTIN, Texas--(BUSINESS WIRE)--Bloomfire, the AI-powered knowledge management (KM) platform, today released “The Value of Enterprise Intelligence,” a report analyzing six months of data collected from 10,000 Bloomfire customers across 115 companies. The research reveals that inefficient knowledge management practices directly impact, on average, 25% of a business’s annual revenue. For a Fortune 500 company generating $9 billion annually, this translates to approximately $2.4 billion in enterpr

Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B in One of the Largest Deals in the Digital Assets Space

Tue, 04/08/2025 - 08:12
SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced it is acquiring Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space. With the acquisition, Ripple becomes the first crypto company to own and operate a global, multi-asset prime broker. Hidden Road is one of the fastest-growing prime brokers around the world, offering institutions a one-stop-shop of advan

AI One Launches to End the Data Lake Era and Eliminate Costly Data Migrations

Tue, 04/08/2025 - 08:12
NEW YORK--(BUSINESS WIRE)--Enterprises today face a critical challenge: their greatest opportunities for growth remain trapped beneath overly complex data strategies, outdated systems, and escalating costs. Originated in partnership with Nadia Partners and launching out of stealth today, AI One offers a clear, transformative solution: bypass legacy data lake implementations, unlock immediate value from existing data, and redirect bottom-line savings into top-line growth. “We’ve all seen enterpr

FINEOS and Sutherland Announce Strategic Partnership to Transform Absence Solutions for U.S. Employee Benefit Carriers

Tue, 04/08/2025 - 08:12
ATLANTA--(BUSINESS WIRE)-- #absencemanagement--FINEOS Corporation Ltd (ASX FCL), a global leader in core systems for life, accident, and health insurers, and Sutherland, a global leader in business and digital transformation and an insurance TPA, today announced a strategic partnership to redefine absence and leave management for U.S. employee benefit carriers. As insurers navigate complex regulatory landscapes, shifting workforce dynamics, and rising customer expectations, this collaboration empowers them with a c

Dean Omar Branham Shirley’s Founding Partner Honored Among Top Legal Leaders

Tue, 04/08/2025 - 08:12
DALLAS--(BUSINESS WIRE)--Dean Omar Branham Shirley, LLP one of the nation’s leading plaintiff-side firms, is pleased to announce that founding partner Trey Branham has been selected by Lawdragon to its 2025 100 Managing Partners You Need to Know. The listing celebrates legal leaders who are “selected for their roles founding, growing, leading and innovating on behalf of a legal enterprise seeking change, profit, to be a home, a voice.” Mr. Branham is a well-known advocate for those who have bee

SageSure and First-Time Cedent Auros Close Upsized $150 Million Catastrophe Bond at Low-End Pricing

Tue, 04/08/2025 - 08:12
JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange (“Auros”), a policyholder-owned insurer, announced the close of the Gateway Re Series 2025-2 catastrophe bond at $150 million. With the completion of this transaction, the SageSure-supported Gateway Re franchise has secured more than $2 billion in cumulative notional limit, making SageSure one of the top five primary insur

Plinqit Surpasses $3 Billion in Deposits, Unveils New Website to Help Banks Scale & Diversify Deposit Growth

Tue, 04/08/2025 - 08:12
ANN ARBOR, Mich.--(BUSINESS WIRE)--Plinqit, the award-winning provider of high-yield and automated savings solutions, is celebrating a major milestone: Deposits generated through its High Yield Savings product have surpassed $3 billion. To reinforce their support for financial institutions in generating deposit growth, Plinqit also launched a refreshed website. Plinqit’s success reflects its ability to help banks attract and retain deposits in an increasingly competitive environment. By offerin

BGSF, Inc. Announces Strategic Partnership with SISSCORP

Tue, 04/08/2025 - 08:12
PLANO, Texas--(BUSINESS WIRE)--BGSF, Inc. (NYSE: BGSF), a leading national provider of consulting, managed services and workforce solutions, today announces its strategic partnership by collaborating with SISSCORP®, a trusted Workday® Innovation Partner, to support Texas higher education institutions in meeting complex compliance and regulatory demands through the innovative SISSTEX© application, built on the Workday® platform. BGSF has a proven track record of providing exceptional talent to W

Redfin Survey: 1 in 5 Homebuyers Expect to Sell Stocks to Fund Down Payment

Tue, 04/08/2025 - 08:12
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — One in five (20%) prospective homebuyers expect to sell stocks to help fund their next down payment, according to a new survey from Redfin (www.redfin.com), the technology-powered real estate brokerage. When it comes to people who own homes, roughly one in eight (13%) homeowners report selling stocks to help fund their down payment. One in 10 (10%) homeowners have sold stocks to help afford their mortgage payments. Renters are less likely to use stock

LSTA Member Firm Survey Shows U.S. Private Corporate Credit Market Has Grown to More Than $1.5 Trillion, Affirms Funds Employ Modest, Stable Leverage

Tue, 04/08/2025 - 08:12
NEW YORK & WASHINGTON--(BUSINESS WIRE)--LSTA, Inc. (the “LSTA”), the trade association for the U.S. corporate lending market, today released a report detailing data from its landmark survey on the U.S. private corporate credit market (“PCC”). The report provides a foundation for greater visibility on the size and leverage used in the asset class and a benchmark for the broader leveraged finance market. The LSTA data is the first-of-its-kind, sourced directly from LSTA member firms. By design, t

Shell GameChanger Accelerator Powered by NREL Announces Inaugural GCxN Channel Partner Strategic Awards

Tue, 04/08/2025 - 08:12
DENVER--(BUSINESS WIRE)--The Shell GameChanger Accelerator Powered by NREL (GCxN), a multimillion-dollar, multiyear program developed in collaboration between Shell GameChanger and the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), selected Cleantech Open and BRITE Energy Innovators as recipients of its inaugural Channel Partner Strategic Awards. This year’s awards prioritize ecosystem building in communities and tailored support for energy entrepreneurs by fostering p

WhiteHawk Capital Partners Announces Hiring of Joseph “Joe” Wells as Managing Director

Tue, 04/08/2025 - 08:12
LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners Announces Hiring of Joseph “Joe” Wells as Managing Director

hc1 Unveils Innovative Operational Excellence Healthcare Solutions

Tue, 04/08/2025 - 08:12
INDIANAPOLIS--(BUSINESS WIRE)--hc1 introduced today its suite of Operational Excellence solutions, setting a new standard for laboratory efficiency and performance. By transforming lab data into actionable insights and automating workflows, hc1 Operational Excellence empowers health systems and commercial labs to reduce actual costs, increase efficiency and elevate diagnostic quality and service throughout a patient’s care journey, positioning the lab as a strategic asset in healthcare. Clinica

University of Phoenix Career Institute® Fifth-Annual Career Optimism Index Finds 1:4 American Workers Feel Their Professional Future Is Out of Their Hands

Tue, 04/08/2025 - 08:12
PHOENIX, AZ--(BUSINESS WIRE)--In a time of record-low institutional trust and growing workplace grievances, the fifth-annual Career Optimism Index® study from University of Phoenix Career Institute® reveals American workers are facing a crisis of autonomy. Nearly a quarter of Americans say their sense of control over their professional future has gotten worse over the past five years (21%), contributing to over half the workforce feeling burned out (51%)—a record high for the Index. Hope has be

i2c Inc. Expands Partnership with Access Finance to Launch Juzt Digital Credit Card Program in the U.S. Market

Tue, 04/08/2025 - 08:12
REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a global provider of banking and payment solutions, today announced the expansion of its partnership with Access Finance, a fintech innovator originally based in Bulgaria, to roll out the next phase of its Juzt Digital Credit Card program in the United States. With this partnership, i2c and Access Finance are providing American consumers with enhanced access to credit and tools to improve their financial health through Juzt’s unsecured credit car

Galileo Deposit Sweep Product Amplifies Customer Interest Earnings and Extends FDIC Coverage

Tue, 04/08/2025 - 08:12
SALT LAKE CITY--(BUSINESS WIRE)--Galileo launches Deposit Sweep, helping fintechs boost customer interest earnings and FDIC coverage.

Dash Solutions Achieves 240% Revenue Growth, Onboards 1,000+ New Customers Amid Strategic Expansion and Enterprise API Integration

Tue, 04/08/2025 - 08:12
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Dash Solutions announces a 240% increase in revenue growth as demand for its real-time payment solutions continues to accelerate across global markets

Google Cloud and United Wholesale Mortgage Announce Industry-Transformative Partnership to Modernize the Mortgage Lending Process

Tue, 04/08/2025 - 08:12
SUNNYVALE, Calif., & PONTIAC, Mich--(BUSINESS WIRE)--Google Cloud and United Wholesale Mortgage (UWM), the #1 overall mortgage lender in America, today announced a strategic, industry-transformative agreement in which the two leaders will help modernize the mortgage lending industry through the use of AI. The collaboration will leverage Google Cloud’s advanced AI and data analytics capabilities alongside UWM’s expertise in innovative lending technical solutions to create a faster, more intuitiv

Eagle Point Closes Financing with Energy Vault as it Commissions the Calistoga Resiliency Center, the Largest Utility-Scale, Ultra-Long Duration Energy Storage Facility in the World

Tue, 04/08/2025 - 08:12
GREENWICH, Conn.--(BUSINESS WIRE)--Eagle Point Credit Management LLC (“Eagle Point”), an investment manager focused on specialized private credit strategies, today announced that it has provided $28 million in project financing to Energy Vault, a leader in sustainable, grid-scale energy storage solutions, to support the development of its Calistoga Resiliency Center (“CRC”). The facility is 100% sustainable and will provide the city of Calistoga with an alternative power source in the event of

Aspen Standard Wealth Acquires $2.9 Billion AUM New England Private Wealth Advisors

Tue, 04/08/2025 - 08:12
NEW YORK--(BUSINESS WIRE)--Aspen Standard Wealth, an RIA acquirer that serves as a permanent home and long-term partner for successful RIAs, announced today that it has acquired New England Private Wealth Advisors (NEPWA), a Boston-based RIA with $2.9 billion in assets under management (AUM) as of 12/31/2024. Founded in 2005, NEPWA is a fee-only RIA that serves high-net-worth individuals and families and institutions with highly customized and integrated investment advisory and wealth planning

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