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InvoiceCloud Study Reveals Critical Roadblock to Online Bill Pay Adoption

Wed, 07/29/2026 - 09:17
BOSTON--(BUSINESS WIRE)--InvoiceCloud, a leading provider of online billing and digital payment solutions, today announced the findings of its consumer bill payment survey, highlighting a key roadblock to online bill payment adoption: language options. The study of 1,000 U.S. consumers found that 46% said they would be more likely to use an online billing or payment platform to pay their bills, rather than paying by phone or in person, if the platform were available in their preferred language.

Introducing Increase Bank, Built on the Infrastructure Powering Hundreds of Billions in Money Movement

Wed, 07/29/2026 - 09:17
BEND, Ore.--(BUSINESS WIRE)--Announcing the launch of Increase Bank, bringing a modern bank core together with regulated banking services to help teams build the best financial products with greater speed, precision, and control. Founded in 2020, Increase’s banking infrastructure and APIs enable companies like Gusto, Ramp, and Stripe to move, store, and lend hundreds of billions of dollars. With the addition of Increase Bank, an FDIC-member institution, fintech companies now have access to a ban

Upstart Announces Multi-Year $4 Billion Forward Flow Agreement with Castlelake

Wed, 07/29/2026 - 09:17
BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a new multi-year forward-flow agreement with Castlelake, L.P. (“Castlelake”), a global alternative investment firm specializing in asset-based private credit. Under the agreement, Castlelake-managed funds have agreed to purchase up to $4 billion of consumer loans originated on the Upstart platform over up to 24 months through a new forward-flo

ICE’s Fixed Income Data Now Available to Licensed Users Over Leading AI Platforms

Wed, 07/29/2026 - 09:17
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced its fixed income data and methodologies are now available to be used on leading AI platforms by licensed users, using the Model Context Protocol (MCP). This provides an AI-powered knowledge layer where customers can interact with their preferred AI platform and seamlessly receive responses

CAIS Welcomes New Strategic Investors, Valuing the Company at Over $2 Billion

Wed, 07/29/2026 - 09:17
NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform for independent financial advisors, today announced a $170 million Series D financing with lead participant Vista Equity Partners, and additional investment from AllianceBernstein L.P. (NYSE: AB), funds managed by Blue Owl Capital (NYSE: OWL), Carlyle (NYSE: CG), Fortress Investment Group, Golub Capital, Lord Abbett, and Royal Bank of Canada (RBC). The investment round values CAIS at over $2 billion, bringing total cap

Aperture Investors Closes $300 Million Asset-Based Financing Facility with Avant

Wed, 07/29/2026 - 09:17
NEW YORK--(BUSINESS WIRE)--Aperture Investors, LLC (“Aperture”), an alternative asset manager and part of Generali Investments, announced that it led a $300 million asset-based financing facility with Avant, LLC, a leading financial technology company. The facility provides flexible capital designed to support Avant’s continued growth across its platform. The transaction further strengthens a longstanding relationship between Aperture's Asset-Based Finance (“ABF”) team and Avant. Launched in 20

RestoPros Expands Leadership Team with Appointment of Michael McAllister as President

Wed, 07/29/2026 - 09:17
CHARLOTTE, N.C.--(BUSINESS WIRE)--RestoPros, a leading national restoration and mitigation franchise, today announced the appointment of Michael McAllister to its leadership team as President. In this role, McAllister will work closely with franchise owners and the corporate leadership team to strengthen owner support, improve market execution and guide the company’s continued expansion across the United States.“I’m excited to join RestoPros at such an important point in the company’s trajectory

Survey: AI Dominates Compliance Priorities at Historic Margin as Firms Move from Awareness to Action

Wed, 07/29/2026 - 09:17
WASHINGTON--(BUSINESS WIRE)--AI has emerged as the overwhelming top compliance priority for investment adviser firms, according to the 2026 Investment Management Compliance Testing (IMCT) Survey, released today by the Investment Adviser Association (IAA), ACA Group (ACA), and Yuter Compliance Consulting (YCC). The survey found that 85% of respondents identified AI as the hottest compliance topic for 2026, a 28-percentage-point increase from 2025, and the most dominant single response in the sur

LongRange Capital Completes Exit of Greencore Group

Wed, 07/29/2026 - 09:17
STAMFORD, Conn.--(BUSINESS WIRE)--LongRange Capital (“LongRange”), a private equity firm with an operationally-oriented approach to building and growing businesses, today announced the exit of its remaining position in Greencore Group plc (LSE: GNC). In January 2024, LongRange invested in Bakkavor Group plc, then the leading manufacturer of fresh prepared food in the UK. Bob Berlin, Founder and Managing Partner of LongRange, re-joined the Bakkavor board, having previously served as a non-execut

Workiva Launches Specialized AI Agents and Intelligence Layer to Advance High-Stakes Reporting

Wed, 07/29/2026 - 09:17
NEW YORK--(BUSINESS WIRE)--Workiva Inc. (NYSE: WK), a leading, audit-ready platform for trust, transparency, and accountability, today announced three purpose-built AI agents and Workiva Knowledge, a persistent intelligence layer grounded in an organization's data, instructions, and content. The agents will help customers in advanced solution tiers accelerate reporting and compliance outcomes with the control and traceability of the Workiva platform. Together, these capabilities offer enterpris

FreeWheel Debuts First-to-Market Series-Level Reporting Powered by Direct Publisher Insights for Premium CTV Buyers

Wed, 07/29/2026 - 09:17
NEW YORK--(BUSINESS WIRE)--Today FreeWheel, a global technology platform for the television advertising ecosystem, debuted Video Content Report, an insight tool available only in FreeWheel Buyer Cloud (formerly Beeswax) that helps close one of CTV buying’s biggest transparency gaps: understanding which premium series advertisers’ campaigns actually appeared across publishers. Fueled by direct connection to FreeWheel Streaming Hub (FreeWheel’s ad server with natively built SSP), the report gives

Wealth.com Named Exclusive Technology Founding Partner of FMG Suite’s Institutional Intelligence Program

Wed, 07/29/2026 - 06:17
PHOENIX--(BUSINESS WIRE)-- #EstatePlanning--Wealth.com, announces a strategic partnership with FMG Suite, a marketing technology platform for wealth management and insurance organizations.

BizCap® Closes $12.5 Million Senior Secured Revolving Credit Facility for Project Bravo

Wed, 07/29/2026 - 06:17
SAN FRANCISCO--(BUSINESS WIRE)-- #commercial--Business Capital (BizCap®), a national commercial finance and debt advisory firm, today announced the closing of a $12.5 million senior secured revolving credit facility for Project Bravo, a government-contract fulfillment and distribution firm providing sourcing, procurement, and logistics solutions to government agencies and government-related customers. The company is a portfolio company of TEEDUP. “As the company has grown, so has our need for a more scalable

AEVEX Corp. Announces Second Quarter 2026 Earnings Release, Conference Call, and Webcast

Wed, 07/29/2026 - 06:17
SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX) today announced it will issue financial results for the Company's second quarter fiscal year 2026 after financial markets close on Wednesday, August 12, 2026. Management will host a conference call and live audio webcast to discuss the results at 5:00 p.m. Eastern Daylight Time. Hosting the call and webcast to review results for the second quarter fiscal year 2026 will be Chief Executive Officer, Roger Wells; Chief Financial Office

VanEck Partners with Allocate to Expand Private Markets Access for the Wealth Channel

Wed, 07/29/2026 - 06:17
SAN FRANCISCO--(BUSINESS WIRE)--Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced a partnership with VanEck to expand access to private market strategies across the wealth channel. VanEck is leveraging Allocate's technology and operational infrastructure to bring its institutional private markets expertise to financial advisors, RIAs, and the clients they serve in a scalable and efficient manner. As private markets continue to expand int

Knack RCM Spotlights Anesthesia Platform Built on Decades‑deep Operating Intelligence and AI-Native Design

Wed, 07/29/2026 - 06:17
WOODBRIDGE, N.J.--(BUSINESS WIRE)-- #AI--KNACK RCM highlighted its AI-native anesthesia platform, backed by five decades of anesthesia revenue cycle expertise.

FreeCast Targets the Multi-Billion Dollar U.S. Local Advertising Market with a Unified Platform Across 210 Television Markets

Wed, 07/29/2026 - 06:17
ORLANDO, Fla.--(BUSINESS WIRE)--FreeCast, Inc. (NASDAQ: CAST), a provider of streaming television and digital media platform solutions, today highlighted its expanding strategy to help local businesses and regional advertisers reach streaming audiences through a unified advertising platform spanning all 210 U.S. Designated Market Areas (DMAs). Local businesses collectively invest tens of billions of dollars each year to reach consumers through broadcast television, cable, digital media, search,

Mechanics Bancorp Reports Second Quarter 2026 Results

Wed, 07/29/2026 - 06:17
WALNUT CREEK, Calif.--(BUSINESS WIRE)--Mechanics Bancorp (NASDAQ: MCHB): Second Quarter Highlights $21.2 billion Total Assets   $57.7 million Net Income   14.39% CET1 Ratio (1)   $12.15 Book Value Per Share $7.56 Tangible Book Value Per Share (2) Mechanics Bancorp (Nasdaq: MCHB) (“Mechanics” or the “Company”), the financial holding company of Mechanics Bank, today announced its financial results for the quarter ended June 30, 2026. Mechanics reported net income of $57.7 million, or $0.25 per di

OpenGate Capital Executes Agreement to Acquire Merak, the Global Rail HVAC Business of Knorr-Bremse

Wed, 07/29/2026 - 03:17
NEW YORK & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse, a publicly listed German industrial company. Terms of the transaction were not disclosed. Headquartered in Getafe, Spain, Merak is a leading global provider of HVAC systems for rail vehicles, with facilities across Spain, Austria, Australia, the United States, China and India. Th

Q3 2026 Insurance Labor Market Study Results to be Highlighted in Webinar

Wed, 07/29/2026 - 00:17
CHICAGO--(BUSINESS WIRE)-- #HiringTrends--The results of the Q3 2026 U.S. Insurance Labor Market Study will be revealed in a webinar presentation at 1 p.m. CDT on August 13, 2026.

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