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FV Bank Adds PayPal’s PYUSD Stablecoin to Direct Deposit and Outbound Payment Options with Real-Time USD Conversion
SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- #PYUSD--FV Bank, the U.S. licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced the expansion of its stablecoin capabilities with the integration of PayPal USD (PYUSD) for direct deposits and outbound payments. This feature, now live for all FV Bank account holders, enables the direct receipt of PYUSD into their USD accounts, with automatic real-time conversion to USD. Building
D.A. Davidson Acts as Financial Advisor to Boss Industries in its Sale to Graycliff Partners
CHICAGO--(BUSINESS WIRE)--D.A. Davidson announced today that it served as financial advisor to Boss Industries, LLC (“Boss”), a portfolio company of Wynnchurch Capital, on its sale to Graycliff Partners. Headquartered in La Porte, Indiana, Boss is a leading provider of highly-engineered air and gas compression and power systems for vehicle mounted and adjacent applications. Over its 35+ year history, Boss established itself as an industry leader in compression and power systems, offering premie
Savvy Advisors Surpasses $1 Billion in AUM With Addition of Four Financial Advisors to Close out 2024, Marking a Milestone Year for the Firm
NEW YORK--(BUSINESS WIRE)-- #financialadvice--Savvy Advisors has surpassed $1 billion in client assets under management (AUM), tripling its assets since the start of 2024.
OptionMetrics and CRSP Announce Partnership Giving Academic Researchers Increased Integration of U.S. Equities and Options Data in Research
NEW YORK & CHICAGO--(BUSINESS WIRE)-- #AcademicResearch--OptionMetrics and CRSP provide increased integration of U.S. equities and options data for use in academic research
MicroStrategy Achieves the AWS Competencies for Government and Education
TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® Incorporated (Nasdaq: MSTR), a pioneer in AI-powered business intelligence (BI) software, announced today that it has achieved the Amazon Web Services (AWS) Competences in Government and Education. This designation recognizes MicroStrategy as an AWS Partner that has successfully met AWS’s requirements for demonstrated experience in delivering quality solutions to help agencies meet mandates, reduce costs, drive efficiencies, and increase innov
AM Best Announces Appointment of Kenneth Johnson as Chief Ratings Officer; Stefan Holzberger as Chief Operating Officer
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best is pleased to announce the appointment of Kenneth J. Johnson as senior managing director and chief ratings officer, responsible for AM Best’s global ratings coverage. Johnson will be based at AM Best’s global headquarters in Oldwick, NJ, and will report to Stefan Holzberger, who has assumed the position of executive vice president and chief operating officer, AM Best Rating Services. Johnson has more than 30 years of experience in the insurance industry a
Quickbase Earns Equality 100 Award in Human Rights Campaign Foundation’s 2025 Corporate Equality Index
BOSTON--(BUSINESS WIRE)--Quickbase, the AI-powered work management platform, has received a score of 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index, the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Quickbase joins the 765 U.S. businesses that will be honored with HRCF’s Equality 100 Award as Leaders in LGBTQ+ Workplace Inclusion. This year’s CEI includes 1,449 businesses – th
MERGE Appoints Stephanie Trunzo as CEO
CHICAGO--(BUSINESS WIRE)--MERGE, a leading hybrid marketing and technology solutions firm, today announced the appointment of Stephanie Trunzo as its new Chief Executive Officer. Previously a Senior Vice President and General Manager at Oracle, and a recent addition to MERGE’s board in 2024, Trunzo is poised to drive the company's growth at the crucial nexus of consumerism and health and wellness. With more than 20 years of leadership spanning technology, marketing, health, and storytelling, St
Industry Vet Lee Sosin Joins Props as Chief Client Officer
NEW YORK--(BUSINESS WIRE)--Props, the performance-based creator marketing platform, announced that Lee Sosin has joined the company as Chief Client Officer. With more than two decades of experience in media, marketing, and brand strategy, Sosin will play a pivotal role in helping clients unlock greater business outcomes by combining creator content with paid media, driving Props’ next phase of growth. Sosin’s distinguished career spans leadership roles at Hearst, Yahoo, and Time Inc., where he
BDO USA Expands Management Consulting Services Through Addition of Blue Beyond
CHICAGO--(BUSINESS WIRE)--BDO USA today announced the addition of 48 professionals to BDO’s management consulting practice from Blue Beyond Consulting.
56% of Financial Advisors Are More Likely To Invest in Crypto in 2025 Because of the Election: Bitwise/VettaFi Annual Survey
SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, a global crypto-specialist asset manager with more than $12 billion in client assets,1 and VettaFi, a leading data-driven ETF platform, today released the seventh annual “Bitwise/VettaFi 2025 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets.” Initiated the week after the 2024 U.S. election, the much-anticipated survey provides a valuable window into advisors’ increasing enthusiasm for crypto on the heels of a landmark
Yingling Aviation Acquires Global Engineering & Technology, Inc.
WICHITA, Kan.--(BUSINESS WIRE)--Yingling Aviation (“Yingling”), a leading, full-service provider of maintenance, repair, and overhaul (MRO) and fixed-base operation (FBO) services to business and general aviation aircraft, today announced that it has acquired Global Engineering & Technology, Inc. (“GETI”), an aircraft interiors service provider based in Wichita, Kansas. The financial terms of the transaction were not disclosed. Founded in 1991, GETI specializes in aircraft interior design a
Outcome Capital Congratulates Elios Vision on the Acquisition by Bausch + Lomb
BOSTON--(BUSINESS WIRE)--Outcome's expertise in corporate strategy, financing, and transaction execution helped position ELIOS as a key innovator in glaucoma treatment market
Saisei Ventures Announces the Appointment of Dr. Sven Kili, MD, as Partner
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Saisei Ventures, a leading investment firm focused on advancing Japanese biotechnology and therapeutic innovations, announced today that Dr. Sven Kili has been appointed partner at the firm. Dr. Kili joined Saisei as an advisor at the firm’s inception, and brings over 20 years of experience spanning clinical practice, pharmaceutical leadership and entrepreneurial ventures. As a renowned expert in cell and gene therapy, he has played pivotal roles in the develo
MarginEdge Selects BlueSnap as North American Subscription Payments Partner
BOSTON & LONDON--(BUSINESS WIRE)--BlueSnap, a global payment orchestration platform for leading B2B and B2C businesses, today announced its selection by MarginEdge, a provider of restaurant management solutions, as its North American client billing partner. MarginEdge helps restaurant owners and managers get out of the back office and back onto the restaurant floor by automating their operations. Its comprehensive platform of restaurant management solutions includes inventory management, access
KBRA Releases Research – 2024 CMBS Loan Maturities: Payoff Rates Decrease
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on payoff rates of 2024 loan maturities in U.S. commercial mortgage-backed securities (CMBS). Just over 85% of U.S. CMBS loans maturing in 2024 successfully refinanced, a notable decrease from the 94% of maturing loans paid off in 2023 (see 2023 CMBS Loan Maturities: Better by Count). The payoff percentage by loan balance also declined, albeit by a smaller margin, dropping to 66.6% from 71.8%. This trend, consistent with last year, suggests that
EV Group successfully finalises an investment in Cornelius Group plc through a minority equity stake.
RHO, Italy--(BUSINESS WIRE)-- #Chemicals--EV Group, a leading specialty chemicals and food ingredients distributor and manufacturer, and Cornelius Group (Cornelius), an international manufacturer and distributor of specialty additives and ingredients to the life sciences and performance chemicals markets, announce today that they have reached binding agreements for the acquisition by EV of a minority stake in Cornelius. Under the terms of the transaction, EV Group will increase its stake in Cornelius throug
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth
CHATSWORTH, Calif. & NEW YORK--(BUSINESS WIRE)--DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities (“Blackstone”) at a $5 billion valuation. The investment will be used to help fund DDN’s continued rapid growth as it serves its customers’ fast-expanding AI and high-performance computing (HPC) software and infrastructure needs. Founded in 1998, DDN has thousands of customers
Redfin Reports U.S. Asking Rents Ended 2024 at the Lowest Level in Nearly Three Years
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—The median U.S. asking rent fell 0.3% year over year in December to $1,594—the lowest level since March 2022. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median asking rent was down 0.1% from a month earlier, and down 6.2% from its August 2022 record high of $1,700. The median asking rent per square foot dropped 1.9% year over year in December to $1.78, and fell 0.1% month over month. Askin
Regional Management Corp. to Report Fourth Quarter 2024 Results on Wednesday, February 5, 2025
GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its fourth quarter 2024 results after the market closes on Wednesday, February 5, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management’s website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-