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FHLBank Pittsburgh Announces Full Year and Fourth Quarter 2024 Operating Highlights
PITTSBURGH--(BUSINESS WIRE)--FHLBank Pittsburgh announced today unaudited financial results for the full year and fourth quarter ended December 31, 2024.
AM Best Revises Outlooks to Positive for Members of CapSpecialty Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Capitol Indemnity Corporation (Middleton, WI), Capitol Specialty Insurance Corporation (Middleton, WI) and Platte River Insurance Company (Omaha, NE), collectively known as CapSpecialty Insurance Group (CapSpecialty). The Credit Ratings (ratings) reflect CapSpecialty’s b
Thryv to Participate in Upcoming Investor Conference
DALLAS--(BUSINESS WIRE)--Thryv® Holdings, Inc.(NASDAQ:THRY) (“Thryv'' or the “Company”), provider of the leading small business marketing and sales software platform, announced today that executive management will host 1:1 meetings at the following upcoming investor conference: The Citizens JMP Technology Conference Date: Monday, March 3rd, 2025 Fireside Presentation: 3:00 p.m. PT (5:00 p.m. CT) Location: The Ritz-Carlton, San Francisco, CA ABOUT THRYV Thryv Holdings, Inc. (NASDAQ:THRY) is the
OCC Welcomes J.P. Morgan Executive Michael Kurd to Board of Directors
CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Michael Kurd, Managing Director, Head of Americas Prime Financial Services at J.P. Morgan, as a Member Director to its Board of Directors. Kurd brings with him more than 20 years of experience, primarily in equity derivatives trading. “We’re pleased to welcome Michael to our board as a Member Director,” said Craig Donohue, OCC Chairman. “His familiarity with our indust
Lighthouse Releases Second Annual State of AI in eDiscovery Benchmark Study
SEATTLE--(BUSINESS WIRE)--Lighthouse releases Second Annual State of AI in eDiscovery Benchmark Study, finding increased use and incremental gains in trust in the technology.
DriveWealth Expands Overnight Coverage to Include Multiple Venues to Support 24-hour Trading Cycle
NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced the expansion of its overnight trading capabilities through a collaboration with OTC Markets Group Inc. (OTCQX: OTCM), an operator of regulated markets for U.S. equity securities. Set to roll out in March, this new offering will establish DriveWealth as a pioneer in multi-venue overnight trading, and meet increasing demand from retail and institutional investors. Lev
Kingswood Capital Management Completes Strategic Investment in Infotree Global Solutions, a Leading Provider of International Workforce Management Solutions
PLYMOUTH, Mich.--(BUSINESS WIRE)--Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has completed a strategic investment in Infotree Global Solutions (“Infotree” or the “Company”), a leading provider of international workforce management solutions. Kingswood is making the investment alongside Infotree’s co-founders, Raman Sawhney and John McKimmy, who will remain significant shareholders in the Company post-closing. Founded in 2002, Infotree ha
EDS Launches Nexus: A Next-Generation Risk and Portfolio Management Solution
NEW YORK--(BUSINESS WIRE)-- #assetmanagement--EDS launched Nexus, a risk and portfolio management solution that integrates Factor Risk, Internal Research, and Performance Attribution workflows.
Runa Introduces Runa Assure: Proactive Security for Payout Protection
LONDON & NEW YORK--(BUSINESS WIRE)--Runa, the leading global fintech infrastructure for the next generation of payouts experiences, today announced the launch of Runa Assure, a security suite specifically built to fortify payout processes against threats of fraud, cyberattacks, and compliance risks. Runa Assure was purpose-built for instant payout methods, including gift cards, prepaid, and push-to-card, and now protects over two million unique recipients every month. Runa Assure’s compliance,
First American Data & Analytics Named One of the Most Innovative Technology Companies in the Mortgage and Real Estate Industries by HousingWire
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions, and a division of First American Financial Corporation (NYSE:FAF), announced today that it has been recognized by HousingWire as a 2025 Tech100™ winner in both the Mortgage and Real Estate categories. This is the fourth time the company has been named a Tech100 Mortgage winner and the fifth consecutive year it has been nam
Affirm and Shopify Take Multi-Year Partnership Global
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced an expanded global agreement. The renewed multi-year partnership cements Affirm’s position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. It also extends this exclusivity into Shopify’s home market of Canada and enables the partnership to conti
Safety Insurance Declares First Quarter 2025 Dividend and Timing of Year-End 2024 Results
BOSTON--(BUSINESS WIRE)--The Board of Directors of Safety Insurance Group, Inc. (NASDAQ:SAFT) today approved a $0.90 per share quarterly cash dividend on its issued and outstanding common stock payable on March 14, 2025 to shareholders of record at the close of business on March 3, 2025. Safety plans to announce its fourth quarter and year-end 2024 results on February 25, 2025, with its Annual Report on Form 10-K to be filed with the U.S. Securities and Exchange Commission no later than Februar
Emburse Signs Davis Polk as Enterprise Client to Power Firm’s Worldwide Expense Processing
DALLAS--(BUSINESS WIRE)--Emburse, whose innovative travel and expense solutions power forward-thinking organizations, has been chosen by Davis Polk and Wardwell LLP (Davis Polk) to provide an expense management solution for its global team of more than 2,000 professionals. Founded in 1849, Davis Polk is one of the largest and most prestigious law firms in the world. The firm has more than 1,000 lawyers in offices in key financial centers and political capitals across the globe. “We are pleased
Better.com Becomes the Fastest-Growing Digital Home Equity Lending Provider — Scales Home Equity Product Growth to $60M Per Month
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better” or “Better.com” or “the Company”), the leading digital homeownership company, today announced record growth in its Home Equity Line of Credit (HELOC) and Home Equity Loan (HELOAN) business, scaling loan volume 400% from $15 million per month in January 2024 to $60 million per month by October 2024. This acceleration establishes Better as the fastest-growing digital home equity lender in the market. As
DataTrace Selected as One of the Most Innovative Technology Companies in Real Estate by HousingWire for the Fifth Consecutive Year
AGOURA HILLS, Calif.--(BUSINESS WIRE)--DataTrace®, the nation’s largest provider of data and automation solutions to the title and settlement services industry, announced today it has been recognized by HousingWire as a 2025 Tech100™ Real Estate winner. This is the fifth year in a row that DataTrace has been named a Tech100 winner in this category. “Earning this recognition as an innovative leader in real estate technology year after year reflects our commitment to help our clients streamline o
Docutech Recognized as a 2025 HousingWire Tech100 Mortgage Winner
IDAHO FALLS, Idaho--(BUSINESS WIRE)--Docutech, a part of the First American family of companies and a leading provider of document, eSign, eClose and print fulfillment technology, announced today it has been recognized as a HousingWire Magazine 2025 Tech100 Mortgage award winner. This marks the ninth consecutive year the company has earned this recognition, underscoring the company’s ongoing commitment to advancing mortgage technology and driving industry innovation. The HousingWire Tech100 awa
Washington, D.C. and Bangalore Rise in Karat’s 2025 Rankings of Top Cities to Hire Software Engineers
SEATTLE--(BUSINESS WIRE)--Karat, the gold standard for measuring and elevating technical talent, released its 2025 rankings of the Top Cities to Hire Software Engineers. Karat’s fourth annual report examines the shifting dynamics of tech hiring around the world. For the first time, Karat’s rankings analyze both candidate location and role location data. This new methodology paints a fascinating picture of not just where top tech talent lives today, but also into where it is moving. Overall the
SmartSuite Launches Global Expansion with $38 Million in Funding to Transform Work Management
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--SmartSuite, the next-generation work management platform, today announced a major global expansion fueled by $38 million in funding. The latest investment includes a new $13M Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha. The Series A funding follows a $25M founder-led seed investment, reflecting exceptional venture capital interest in SmartSuite’s mission to redefine work management. In 2024, SmartSuite ac
Best Egg and Cross River Bolster Funding Strategy with Levered Certificate Program
FORT LEE, N.J.--(BUSINESS WIRE)--CRB Securities LLC (“CRBS”), a SEC-registered broker-dealer and FINRA member, and Best Egg, Inc., a leading financial technology company that drives financial confidence, together announce the completed issuance of the first series in Best Egg’s new private structured pass-through program, BEAST 2024-A. Series 2024-A of the Best Egg Asset Structured Pass-Through Trust (BEAST) is backed by Best Egg’s signature unsecured loan product, with an aggregate principal b
Derivative Path Launches Risk Dashboard to Help Investment Managers Drive Strategic Growth
NEW YORK--(BUSINESS WIRE)--Derivative Path, a leading provider of cloud-based derivatives and market risk management solutions, today announced the launch of its Risk Dashboard, a next-generation risk management solution designed to revolutionize how investment firms visualize and manage firm-wide market risks and related hedges. Purpose-built for alternative investment managers, the Risk Dashboard delivers unparalleled transparency and actionable insights, breaking down the barriers that have