Lastest from Businesswire
Forge Global Launches Next Generation Marketplace, Delivering a Smarter Way to Trade Private Stock
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today introduced its next generation marketplace—the first major release on Forge’s new API-first next generation platform. “Today’s launch is a milestone for the private market,” said Kelly Rodriques, Chief Executive Officer of Forge. “We’ve taken more than a decade of market expertis
FIS and Visa Deepen Their Relationship to Provide Regional and Community Banks With Easier Access to Powerful Payments Capabilities
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced the expansion of its partnership with Visa, a world leader in digital payments, to arm financial institutions of all sizes with turnkey access to new payments capabilities. Regional and community banks that join FIS’ technology ecosystem will gain access to new payments products and services that can help grow revenues, retain customers and reduce fraud losses. By expanding its alread
David Verklin Joins Tenetic Board of Directors
NEW YORK--(BUSINESS WIRE)--Tenetic, an AI-powered real-time insights and intelligence platform for local and national advertising buyers and sellers, today announced the appointment of David Verklin to its Board of Directors. Verklin is a Senior Advisor with BCG and former CEO of Aegis Media Americas, where he was one of the pioneers in the creation of the free-standing media agency business in the United States and Latin America. He is responsible for bringing the media agency Carat to North a
K2 Cyber Adds Another Major Partner to Deliver Intelligent Cyber Insurance to Small and Medium Businesses
CHAPEL HILL, N.C.--(BUSINESS WIRE)--K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, announces today a strategic partnership with Liberty Mutual Insurance and its Ironshore programs group, both A.M. Best “A” rated carriers and recognized leaders in the specialty insurance market. This partnership represents a major milestone in K2 Cyber’s mission to protect small and medium-sized organizations and their stakeholders, a market that is often underserved in
Innovate 32 Announces Partnership with Fort Bend Dental
NASHVILLE, Tenn.--(BUSINESS WIRE)--Innovate 32, a growth-oriented dental services organization, is proud to announce its partnership with Fort Bend Dental (“FBD”), a highly regarded provider of dental services in Houston, Texas. Innovate 32 was formed by Shore Capital Partners, a Chicago-based private equity firm focused on lower-middle market investing. Under the leadership of Chief Executive Officer, Josh Johnson and Innovate 32’s Board of Directors, Innovate 32 has continued to solidify new
Most Companies Unprepared for Google’s Eminent Firebase Dynamic Link Shutdown, New Study Finds
MADISON, Wis.--(BUSINESS WIRE)-- #AI--A new industry survey released today by URLgenius reveals a critical disconnect: while awareness of Google’s impending shutdown of Firebase Dynamic Links (FDL) is high, most organizations have yet to finalize a migration plan. With the deprecation scheduled for August 25, 2025, businesses face growing pressure to secure a seamless alternative or risk broken user journeys, campaign failures, and revenue loss. Firebase, used by over 3 million app developers, has lo
Foresight Raises $5.5M Seed Round to Bring Unified Data and AI to the Private Market
SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Foresight, the New York City based software company on a mission to connect the private market through data, today announced the close of a $5.5 million seed funding round led by NEA with participation from KDX Ventures. In conjunction with the financing, Madison Faulkner, a partner on NEA’s Technology Investing Team, will join Foresight’s board of directors. Founded in 2023, Foresight helps private market investors, lenders, and acquirers use data to
Venerable Holdings, Inc. Strikes Landmark Agreement with Corebridge Financial, Inc.
WEST CHESTER, Pa.--(BUSINESS WIRE)--Venerable Holdings, Inc. (“Venerable”), the leader in providing innovative risk transfer solutions to variable annuity issuers, today announced a landmark transaction with Corebridge Financial, Inc. (Corebridge) that will increase Venerable’s total assets under risk management, on a pro forma basis as of March 31, 2025, by approximately 77% from $67 billion to $118 billion. Venerable has entered into a definitive agreement to reinsure approximately $51 billio
Corebridge Financial Announces Transformative Individual Retirement Variable Annuity Transaction with Venerable
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced that it has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, Inc. (“Venerable”) to reinsure all the variable annuities of its Individual Retirement business, with account value totaling $51 billion as of March 31, 2025. The transaction is valued at $2.8 billion, consisting of both ceding commission and capital release, and will generate approximately $2
SFNet Releases Q1 2025 Asset-Based Lending and Confidence Indexes
NEW YORK--(BUSINESS WIRE)--The Secured Finance Network (SFNet) recently released its Q1 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry weathered recent trade policy volatility during the first quarter of this year. According to the Q1 index, both bank and non-bank lenders saw lender confidence fall to neutral territory. The confidence of banks dropped 14.1 points to 49.1, while non-banks slid 12.5 points to 52.5, a sizable decline that is com
Bridging Revenue Gaps: Euna Payments Introduces User Fee Models to Help Local Governments Keep More of their Revenue
ATLANTA & TORONTO--(BUSINESS WIRE)--Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the introduction of user fee models on the Euna Payments Cashiering solution, enabling agencies to recoup card processing costs on their in-person card transactions. This enhancement builds on Euna Payments’ existing support for user fee models already available for Kiosks and Online Payments, further empowering agencies to offset operational exp
Revenue Analytics Acquires Climber to Expand Global Hospitality Footprint and Strengthen European & Latin American Presence
ATLANTA & LISBON, Portugal--(BUSINESS WIRE)-- #Climber--Revenue Analytics Acquires Climber to Expand Global Hospitality Footprint and Strengthen European & Latin American Presence.
Xobee Networks Announces Appointment of Jeffrey Bergman as Chief Financial Officer
FRESNO, Calif.--(BUSINESS WIRE)-- #O2Investment--O2 Investment Partners is pleased to announce that Xobee Networks has appointed Jeffrey Bergman as its Chief Financial Officer.
BlackRock’s Custom Glidepath to Power Great Gray Trust Company’s New Target Date Retirement Solution with Access to Private Markets
NEW YORK--(BUSINESS WIRE)--BlackRock has been selected by Great Gray Trust Company, LLC (“Great Gray”) to provide a custom glidepath that strategically allocates across public and private markets for Great Gray’s first target date retirement solution featuring private equity and private credit exposures. BlackRock’s index equity, index fixed income, and private equity offerings have also been selected to underpin the solution. BlackRock believes solutions that incorporate private market allocat
Fortera Strengthens Leadership Team to Support Low-Carbon Cement Project Delivery and Global Growth
SAN JOSE, Calif.--(BUSINESS WIRE)--To accelerate commercial deployment and global expansion of its breakthrough low-carbon cement technology, Fortera has appointed Sandy Clancy as Chief Projects Officer and John Dotson as General Counsel. Clancy will oversee Fortera’s project pipeline and enhance the internal systems needed to bring the company’s cost-effective ReCarb® plants online at scale and on time. Dotson will lead the company’s legal and regulatory efforts, supporting fundraising, compli
QC Ally Appoints Vice President of Operational Excellence to Drive Enterprise-Wide Efficiency and Performance
ROCK HILL, S.C.--(BUSINESS WIRE)--QC Ally appoints David McCullough as VP of Operational Excellence to lead initiatives focused on operational efficiency and elevating service.
ZEDRA Appoints Dean Blackburn as CEO
LONDON--(BUSINESS WIRE)--ZEDRA, a global specialist provider of Active Wealth, Corporate & Global Expansion, Funds and Pension & Incentives services, today announces the appointment of Dean Blackburn as Chief Executive Officer. Having joined the business as Deputy Chief Executive Officer in September 2024, Dean has a proven track record in inspiring and motivating teams - fostering a culture of collaboration, and innovation, which has consistently translated into strong business perform
First Rate Integrates InvestSuite’s StoryTeller to Transform Client Reporting Through Narrative-Driven Technology
ARLINGTON, Texas--(BUSINESS WIRE)-- #Advisor--First Rate, a leading provider of financial technology and services to the wealth management industry, today announced a strategic partnership with InvestSuite, a Belgium-based fintech specializing in white-labeled digital wealth solutions. The collaboration brings together First Rate’s trusted performance reporting and calculation engine with StoryTeller, InvestSuite’s cutting-edge narrative reporting solution, seamlessly integrated into the First Rate platfo
Allvue and Octaura to Streamline Leveraged Loan Trading and Portfolio Management
NEW YORK--(BUSINESS WIRE)--Allvue Systems, LLC, a leading provider of investment management technology for alternative asset managers, and Octaura, a leading electronic trading platform for syndicated loans and CLOs, today announced a joint implementation of their solutions for ICG, a global alternative asset manager with a track record of over 35 years. By implementing Allvue’s highly configurable suite of CLO management solutions alongside Octaura’s electronic leveraged loan trading and analy
Celonis Named a Leader for Sixth Consecutive Year and Star Performer in 2025 Everest Group PEAK Matrix® for Process Mining
NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis named a Leader for sixth consecutive year and Star Performer in 2025 Everest Group PEAK Matrix® for Process Mining