Lastest from Businesswire
Sovos Introduces Sovi™ AI: The First Embedded AI Layer Purpose-Built for Tax Compliance
ATLANTA--(BUSINESS WIRE)--Sovos, the always-on tax compliance company, today announced the launch of Sovi™ AI, a first-of-its-kind suite of embedded AI and machine learning capabilities purpose-built for tax compliance. Sovi is derived from the Latin roots sophia (wisdom) and vis (power). Sovi symbolizes smart power in action, a perfect reflection of Sovos’ embedded AI engine that drives a whole panorama of intelligent automation across the Sovos Tax Compliance Cloud platform. Sovi delivers unp
$111 Million Net-Leased Portfolio 68 DST Fully Subscribed as ExchangeRight Expands its REIT’s Acquisition Pipeline
PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchage--ExchangeRight fully subscribes $111M DST of 16 net-leased assets, supporting REIT pipeline and 5% monthly income for investors.
AI Mortgage Innovator Tidalwave Bolsters Team with Key Industry Hires from ICE and nCino
NEW YORK--(BUSINESS WIRE)--Tidalwave, an agentic AI mortgage technology startup integrated with Fannie Mae and Freddie Mac, continues to gain momentum, drawing leading mortgage veterans to its rapidly growing team. The company today announced the two high-profile executive appointments, signaling its rapid momentum in reshaping mortgage technology. John Stephenson, former relationship manager and sales executive at ICE Mortgage Technology, joins as Head of National Sales, bringing deep industry
WEX Introduces AI-Powered Claims Tool to Simplify FSA Reimbursements
PORTLAND, Maine--(BUSINESS WIRE)--Today, WEX (NYSE: WEX) announced the launch of a new intelligent claims tool that helps people get reimbursed from their flexible spending accounts (FSAs) faster and more easily. For HR teams looking to make the FSA reimbursement process easier for their employees, this new AI-powered tool will take the guesswork out of submitting a claim by making sure documentation is complete, accurate, and easy to verify, right at the time of submission. Boasting more than
PACT Capital Partners Appoints Jemma Wolfe as Chief Operating Officer
NEW YORK--(BUSINESS WIRE)--PACT Capital Partners (“PACT”) is pleased to announce the appointment of Jemma Wolfe as Chief Operating Officer (COO). As COO, Wolfe will lead PACT’s day-to-day operations, including fundraising, investor relations, talent management, marketing, and business development. Her appointment marks another meaningful milestone in PACT’s evolution, expanding the New York-based team to 12 professionals. Wolfe joins PACT following 14 years at Goldman Sachs, where she most rece
Peachtree Group Launches $250 Million Special Situations Fund to Capitalize on Hotel Market Dislocation
ATLANTA--(BUSINESS WIRE)--Peachtree Group announced the launch of its $250 million Peachtree Special Situations Fund.
PSQ Payments Launches Apple Pay and Google Pay Integration, Expanding Checkout Flexibility for Merchants
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--PSQ Holdings, Inc. (NYSE: PSQH) ("PublicSquare" or the "Company") is proud to announce the successful integration and launch of Apple Pay and Google Pay across its PSQ Payments platform, providing merchants with a seamless, secure, and highly requested mobile solution. This strategic expansion enhances PSQ Payments' capabilities and underscores our commitment to delivering merchant-driven innovation. Our merchant partners have expressed strong demand for
Rand Capital Announces Second Quarter 2025 Financial Results Conference Call and Webcast
BUFFALO, N.Y.--(BUSINESS WIRE)--Rand Capital Corporation (Nasdaq: RAND) Announces Second Quarter 2025 Financial Results Conference Call and Webcast
ICE Integrates NatureAlpha’s Nature and Biodiversity Data into ICE’s Climate Analytics Platform
ATLANTA--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced it is working with NatureAlpha, a provider of AI-driven nature and biodiversity risk analytics, to integrate NatureAlpha’s nature-related metrics into the ICE Climate Analytics Platform, which provides physical and transition climate risk metrics and analytics for fixed income and equity assets globally. “Biodiversity loss is a consideration when analyzing cli
Best’s Special Report: US Life/Annuity Segment Sustains Higher Investment Yields in 2024; Insurers Embracing Alternatives and Mortgages
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--U.S. life/annuity insurance segment’s bond portfolio yield hit its highest level in the past decade in 2024, increasing 22 basis points to 4.79%. At the same time, according to a new AM Best report, an increase in Schedule BA assets and mortgage loans has come at the expense of bond portfolio allocations, which have fallen nearly seven percentage points since 2015. The Best’s Special Report, “US Life/Annuity Insurers Embrace Alternatives and Mortgages in 2024,” s
Schwab Announces Further Expansion of Overnight Trading
WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab, a leader in investing and trading with $10.76 trillion in total client assets that facilitated 7.6 million daily average trades in Q2 2025, today announced it has significantly expanded the list of securities available for trading overnight. These extended + overnight session orders (EXTO) are continuous orders that expire at 8pm ET each market day. With this expansion, all Schwab retail clients can now trade more than 1,100 securities 24 hours
DeciBio Consulting Names Carl Schoellhammer Partner, Strengthening Leadership in Advanced Therapies and Strategic Investment
LOS ANGELES--(BUSINESS WIRE)-- #Berkeley--DeciBio Consulting, LLC, a precision medicine-focused strategic consulting and market intelligence firm, has promoted Carl Schoellhammer, Ph.D., to Partner. Carl leads the firm’s advanced therapies practice and serves as Managing Director of the DeciBio BroadOak BioTools Venture Fund, a joint initiative between DeciBio Ventures and BroadOak Capital Partners. Carl joined DeciBio with a unique blend of scientific, entrepreneurial, and strategic expertise, bringing wi
Steve Wolfenberger Joins Alliant Insurance Services as Vice President in California
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Steve Wolfenberger has joined Alliant Insurance Services as Vice President within its Employee Benefits Group.
Alix Secures $20M Series A to Transform Estate Settlement
SAN FRANCISCO--(BUSINESS WIRE)--Alix, a first-of-its-kind wealth transfer platform, today announced a $20 million Series A funding round from Acrew Capital, Charles Schwab and Edward Jones Ventures*. Existing investors Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures also participated in the oversubscribed Series A round. This additional funding will support the company’s growth strategy, bringing the power of AI-enabled estate settlement to more families in
MidOcean Partners Closes Credit Investment in The Carpenter Health Network
NEW YORK--(BUSINESS WIRE)--MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity, alternative credit, and structured equity, today announced it has led a term loan investment in The Carpenter Health Network (“Carpenter” or the “Company”), a founder-owned, leading provider of home health, hospice, and other restorative services based in Baton Rouge, LA. MidOcean was the lead arranger of a new first lien term loan to financ
Unit21 Elevates Fraud Prevention for Fintechs with Fingerprint’s Device Intelligence
SAN FRANCISCO--(BUSINESS WIRE)--Unit21, a global risk and compliance technology leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, has announced its new device intelligence capabilities designed to help fintechs combat the ongoing threat of fraud. The company’s fraud-fighting platform now incorporates Fingerprint’s device intelligence, which collects and analyzes over 100 signals from the browser, device, and network to flag potential fraud patt
Dynex Capital, Inc. Announces Second Quarter 2025 Results
GLEN ALLEN, Va.--(BUSINESS WIRE)--Dynex Capital, Inc. ("Dynex" or the "Company") (NYSE: DX) reported its second quarter 2025 financial results today. Management will host a call today at 10:00 a.m. Eastern Time to discuss the results and business outlook. Details to access the call can be found below under "Earnings Conference Call." Second Quarter Financial Performance and Other Highlights Total economic loss of $(0.10) per common share, or (0.8)% of beginning book value, comprised of a declin
Pitney Bowes Announces Date for Second Quarter 2025 Earnings Release and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI), a technology-driven products and services company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world – including more than 90 percent of the Fortune 500 – today announced that it will report second quarter 2025 earnings results after market close on Wednesday, July 30, 2025. The Company will host an investor conference call at 5:00 p.m. ET on the same day to review its res
Franklin Templeton Closed-End Funds Announce Share Repurchases for the Second Quarter of 2025
NEW YORK--(BUSINESS WIRE)--Category: Corporate Action
Franklin Templeton Adds Managed Options Strategies to its Custom Indexing Platform, Canvas
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton Adds Managed Options Strategies to its Custom Indexing Platform, Canvas