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WaveCX Earns Finalist Honors in Two Categories in Banking Tech Awards USA 2025

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
OMAHA, Neb.--(BUSINESS WIRE)--WaveCX, provider of personalized, digital product engagement solutions for financial institutions, has been named a finalist in the annual Banking Tech Awards USA, hosted by FinTech Futures, earning recognition in the categories of “Best Personalization Solution” and “Best Customer Experience Solution – Customer Engagement & Actionable Insights.” The Banking Tech Awards USA honor technology excellence and innovation in the banking and financial services sector,

SoFi Reports First Quarter 2025 with Record Net Revenue of $772 Million, Record Member and Product Growth, Net Income of $71 Million

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
SAN FRANCISCO--(BUSINESS WIRE)--SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its first quarter ended March 31, 2025. “We are off to a tremendous start in 2025. In Q1, we delivered durable growth and strong returns driven by our relentless focus on product innovation and brand building,” said Anthony Noto, CEO of SoFi. “We delivere

Shift4 Announces First Quarter 2025 Results

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has posted its first quarter 2025 financial results as part of its Q1 2025 Shareholder Letter, which can be viewed here or by navigating to the Financials section of its Investor Relations website at https://investors.shift4.com. Earnings Conference Call Management will host a conference call today, April 29th, 2025, at 8:30 a.m. ET to discuss the results. Conference Call Details

Ares Capital Corporation Announces March 31, 2025 Financial Results and Declares Second Quarter 2025 Dividend of $0.48 Per Share

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced that its Board of Directors has declared a second quarter 2025 dividend of $0.48 per share. The second quarter 2025 dividend is payable on June 30, 2025 to stockholders of record as of June 13, 2025. MARCH 31, 2025 FINANCIAL RESULTS Ares Capital also announced financial results for its first quarter ended March 31, 2025. OPERATING RESULTS       Q1-25(3)   Q1-24(3) (dollar amounts in millions, except pe

SOLVE Redefines Municipal Bond Pricing with AI-Powered Relative Value Intelligence

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
NEW YORK--(BUSINESS WIRE)--SOLVE, the leading provider of pre-trade data and predictive pricing for fixed income securities markets, has unveiled new capabilities for SOLVE Px™, the firm’s proprietary, AI-driven, predictive price data for the municipal bond market. Available immediately, the new Relative Value Analysis tool enables fixed income professionals to assess and visualize dynamic changes in a bond’s value over time, providing advanced analytics to optimize portfolio decisions and mana

Yelp Introduces New AI-powered Features to Streamline Hiring Service Pros and Enhance the Dining Experience

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced its Spring Product Release, introducing 15 new features and updates that simplify how consumers discover and hire service professionals, and help restaurants manage front-of-house operations. New updates include AI-powered photo recognition in Yelp Assistant to make it easier and quicker to find and connect with the right pros, as well as response quality badges

Altria Reports 2025 First-Quarter Results; Reaffirms Full-Year Guidance

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
RICHMOND, Va.--(BUSINESS WIRE)---- $MO #ALTRIA--ALTRIA REPORTS 2025 FIRST-QUARTER RESULTS; REAFFIRMS FULL-YEAR GUIDANCE

Magnolia Oil & Gas Announces Quarterly Dividend

Lastest from Businesswire - Tue, 04/29/2025 - 08:24
HOUSTON--(BUSINESS WIRE)--Magnolia Oil & Gas Announces Quarterly Dividend

AFX Research Integrates with Mortgage Automator to Deliver Fast, Automated Title Updates to Private Lenders

Lastest from Businesswire - Tue, 04/29/2025 - 05:24
SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--AFX Research, LLC, a nationwide provider of uninsured title updates, is excited to announce its integration with Mortgage Automator, the industry’s leading loan origination and servicing platform for private and hard money lenders. This integration allows Mortgage Automator users to seamlessly order AFX title updates directly within the platform—giving lenders faster access to real-time lien and ownership data without interrupting their workflow. AFX br

NFS ECO Appoints Northern Trust to Administer Natural Capital Credits

Lastest from Businesswire - Tue, 04/29/2025 - 05:24
CHICAGO & LONDON--(BUSINESS WIRE)-- #assetmanagement--The Northern Trust Carbon Ecosystem will record the ‘Natural Capital Credits’ generated by NFS-certified projects and perform custodial services.

Morrisons Transforms the Shopping Experience with NCR Voyix Retail Solutions

Lastest from Businesswire - Tue, 04/29/2025 - 05:24
ATLANTA--(BUSINESS WIRE)--Morrisons, one of the largest supermarket chains in the UK, has selected NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, to provide its stores with point-of-sale (POS) solutions powered by the NCR Voyix Commerce Platform. Morrisons is expanding their existing partnership by rolling out this new technology to power over 13,000 checkout lanes across nearly 500 stores in a five-year contract. As part of the deal, Morrisons' refreshed softwa

Avolon Agrees New US$1.1 Billion Unsecured Term Loan Facility

Lastest from Businesswire - Tue, 04/29/2025 - 05:24
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, announces the completion of a new US$1.1 billion senior unsecured facility (the ‘Facility’). The facility is split equally between a drawn loan and a revolving credit facility and has a tenor of five years. 17 banks participated in the facility, including seven new lenders to Avolon. The mandated lead arrangers on the facility were: DBS Bank, CaixaBank, Commonwealth Bank Group, Truist Financi

I Squared Capital Expands in Middle East with New Regional Platform and Riyadh Office

Lastest from Businesswire - Tue, 04/29/2025 - 02:24
MIAMI--(BUSINESS WIRE)--I Squared Capital, a leading global infrastructure investment manager, announced today a major expansion of its presence across the Gulf Cooperation Council (GCC) and the broader Middle East. The firm is building a dedicated regional investment platform to drive infrastructure investments and related activities, underscoring its long-term commitment to one of the world’s most dynamic and strategically vital regions. This next phase of I Squared’s regional strategy builds

OneKonnect Appoints Michael Martocci as Chief Executive Officer to Drive Next Phase of Growth

Lastest from Businesswire - Mon, 04/28/2025 - 20:24
MANASSAS, Va.--(BUSINESS WIRE)--OneKonnect, a leading technology-driven platform specializing in seamless electronic data interchange and connectivity solutions for the employee benefits and insurance ecosystem, is pleased to announce the appointment of Michael Martocci as its new Chief Executive Officer. In his new role, Martocci will oversee the company’s strategic direction, with a focus on accelerating growth, fostering innovation, and expanding market reach. His appointment marks an integr

Terra Towers Responds to Unauthorized Disclosure by Peppertree Capital Management

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
MIAMI--(BUSINESS WIRE)--Terra Towers, Corp. is compelled to issue a statement of clarification regarding comments to media by Peppertree Capital Management, Inc. ("Peppertree") regarding an arbitration award which were released in violation of both AAA procedure and a US Federal Court order. First and foremost, that award is currently under litigation that can affect its enforceability. Terra will exercise all available legal remedies to challenge this decision through the appropriate judicial

Ellington Financial Announces Estimated Book Value Per Common Share as of March 31, 2025

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today announced an estimated book value per share of common stock of $13.44 as of March 31, 2025. This estimate includes the effect of the previously announced monthly dividend of $0.13 per share of common stock, paid on April 25, 2025 to holders of record on March 31, 2025, with the same ex-dividend date. Cautionary Statement Regarding Forward-Looking Statements Estimated book value per common share is subject t

German American Bancorp, Inc. (GABC) Reports First Quarter 2025 Earnings; Closes on Heartland Merger

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
JASPER, Ind.--(BUSINESS WIRE)--German American Bancorp, Inc. (Nasdaq: GABC) reported first quarter earnings of $10.5 million, or $0.30 per share. The first quarter earnings included the results of Heartland BancCorp ("Heartland"), the parent company of Heartland Bank, which was acquired by German American on February 1, 2025. The first quarter of 2025 included one-time merger and acquisition costs of $5.9 million and "Day 2" provision under the current expected credit loss ("CECL") model for He

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
WEST READING, Pa.--(BUSINESS WIRE)---- $CUBI #Banking--Customers Bancorp, Inc. (NYSE:CUBI) announces quarterly cash dividend.

Alerus Financial Corporation Reports First Quarter 2025 Net Income of $13.3 Million

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net income of $13.3 million for the first quarter of 2025, or $0.52 per diluted common share, compared to a net loss of ($0.1) million, or $0.00 per diluted common share, for the fourth quarter of 2024, and net income of $6.4 million, or $0.32 per diluted common share, for the first quarter of 2024. CEO Comments President and Chief Executive Officer Katie Lorenson said, “This quarter marked a str

United Security Bancshares Appoints Jay Gill as Vice Chairman

Lastest from Businesswire - Mon, 04/28/2025 - 17:24
FRESNO, Calif.--(BUSINESS WIRE)--The Board of Directors of United Security Bancshares (the “Company”) (NASDAQ: UBFO), the parent company of United Security Bank (the “Bank”), is proud to announce the appointment of Jay Gill as the Vice Chairman of the Company’s and Bank’s Boards of Directors effective immediately. In this new role, Mr. Gill will play a critical role in shaping the Company’s long-term strategy, identifying new business opportunities, and driving continued organic growth across i

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