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Instem achieves a major milestone, acquires all shares of Xybion from Banerjee Group LLC controlled by Dr. Pradip K. Banerjee
BOSTON & STAFFORDSHIRE, England--(BUSINESS WIRE)--Instem announces the acquisition of Xybion Digital
Summize Marks Five Consecutive Years of 100% ARR Growth as Its Global CLM Adoption Accelerates
BOSTON & MANCHESTER, England--(BUSINESS WIRE)--Growth and momentum continue for Summize and its intuitive AI-powered CLM solution as the company announced its fifth consecutive year of 100% ARR growth. Summize grew its U.S. ARR by 215% and increased its global employee headcount by 49% in its latest fiscal year (ending June 2025). In the last 12 months, the company has achieved key milestones in customer success, product development, team expansion, and widespread industry recognition for its i
Andersen Consulting Enhances Organizational Development Capabilities with Omni HR Consulting
SAN FRANCISCO--(BUSINESS WIRE)-- #AndersenConsulting--Andersen Consulting adds to its human capital capabilities through a Collaboration Agreement with Omni HR Consulting.
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their July distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount
AtlasClear Holdings, Inc. Provides Update on Financing
TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (“AtlasClear Holdings” or the “Company”) (NYSE American: ATCH) has provided an update for their proposed financing and partnership with Hanire LLC. “At the request of shareholders, we want to update the market on the previously announced Hanire investment agreements and the improvements to the transaction for our shareholders, which we anticipate funding shortly,” said Craig Ridenhour, President, AtlasClear Holdings. The agreed upon amende
First Trust Launches First Trust Bloomberg Nuclear Power ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg Nuclear Power ETF (NYSE Arca: RCTR) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of the Bloomberg Nuclear Power Index (the “index”). The index is designed to track the performance of companies
TNS Expands Global Market Data Access with Connectivity to Six Latin American Exchanges
RESTON, Va.--(BUSINESS WIRE)--Transaction Network Services (TNS) has expanded its global market data and connectivity infrastructure through the addition of six leading equities and derivatives exchanges across Latin America: the Mexican Stock Exchange (BMV), the Mexican Derivatives Exchange (MexDer), Argentina’s BYMA, Chile’s Santiago Stock Exchange, Peru’s Bolsa de Valores de Lima (BVL), and Colombia’s Bolsa de Valores de Colombia (BVC). This expansion represents a significant step forward in
Onbe and Allied Solutions Partner to Streamline Auto Loan Refund Operations
CHICAGO & PHILADELPHIA--(BUSINESS WIRE)--Onbe, a leading corporate payouts platform has partnered with B2B financial services provider Allied Solutions to help financial institutions, finance companies, dealerships and their clients modernize the automotive refund process. Allied Solutions’ Refund Plus® solution offers comprehensive support for issuing refunds following the cancellation of aftermarket products including Guaranteed Asset Protection (GAP), Vehicle Service Contracts, and Credit Li
Voya Investment Management expands Distribution team and launches new practice management platform: Voya Global Consulting
NEW YORK--(BUSINESS WIRE)--Voya Investment Management (Voya IM), the asset management business of Voya Financial, Inc. (NYSE: VOYA), today announced key additions to its Distribution team and the launch of a new practice management initiative, underscoring its commitment to the Intermediary channel. Three senior leaders have joined Voya IM’s Distribution team, reporting to Tiffani Potesta, head of Distribution: Lynn Flaherty will join mid-August as head of Marketing. In this role, Flaherty will
Square Data Shows How 2025’s Economic Volatility Is Impacting the Restaurant Industry
OAKLAND, Calif.--(BUSINESS WIRE)--Today, Square unveiled new data on the restaurant industry in 2025, which is finding its footing amid economic uncertainty. As consumer confidence dips, so does tipping In Q1 2025, Square found that the average tip on food and beverage transactions was 15.17%, and this continued to fall into Q2 with the average tip coming in at 14.99%, aligned to dropping consumer confidence in the economy. Bars regularly receive the highest tips; in Q1 their average tip was 17
doxo Earns 2025 Great Place To Work Certification™
SEATTLE--(BUSINESS WIRE)--doxo, the innovative, all-in-one bill payment platform, announced today it has been recognized as a Great Place To Work for 2025. The prestigious award is based entirely on what current employees say about their experience working at doxo, and survey results revealed that 98% of employees said doxo is a great place to work – 41 points higher than the average U.S. company. Great Place To Work® is the global authority on workplace culture, employee experience, and the le
GFT’s Wynxx Reduces Time to Launch Financial Institutions’ AI and Cloud Projects by 95%
NEW YORK--(BUSINESS WIRE)--Global digital transformation company GFT has announced its work to drive U.S. and Canadian financial institutions' cloud and AI digital transformation projects with Wynxx, its new AI-powered software development product. As financial institutions modernize their legacy systems, including transitioning to the cloud and deploying new AI use cases across the organization, they are looking for ways to maintain quality while reducing costs. GFT’s Wynxx makes this possible
DV Expands AI-Powered Brand Suitability Measurement Coverage Across Meta’s Feeds and Reels
NEW YORK--(BUSINESS WIRE)--DoubleVerify (“DV”) (NYSE: DV), a leading software platform to verify media quality, optimize ad performance, and prove campaign outcomes, today announced the expansion of its post-bid brand suitability measurement across thirty unique content-level categories on Meta’s Facebook and Instagram Feeds and Reels. These categories, developed as part of DV’s client-focused innovation strategy, offer advertisers deeper transparency and insight into where their ads appear. Ea
U.S. Immigration Fund Appoints Geoff Li, Managing Partner for China
NEW YORK--(BUSINESS WIRE)--U.S. Immigration Fund (USIF), a premier EB-5 Regional Center facilitating U.S. permanent residency for global families through $800K job creating real estate investments, has announced the appointment of Geoff Li as Managing Partner for China. This strategic addition comes as the firm celebrates its 15th year anniversary and accelerates its global expansion efforts with a sharpened focus on China, a vital market for the EB-5 Investment Immigration Program. Li brings o
Datasite Appoints Matthew Steinhilber as General Counsel
MINNEAPOLIS--(BUSINESS WIRE)-- #Deals--Datasite announces that Matthew Steinhilber has been named General Counsel to further enhance Datasite’s position in a rapidly evolving landscape.
Savvy Advisors Nears 70 Wealth Managers Following Addition of Perspective 6 Wealth Advisors
NEW YORK--(BUSINESS WIRE)-- #financialadvice--Savvy Advisors adds Perspective 6 Wealth Advisors and welcomes 12 more advisors from across the U.S., bringing its total advisor headcount to 68.
Marchex Receives 2025 AI Agent Product of the Year Award
SEATTLE--(BUSINESS WIRE)-- #AIsolutions--Marchex (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive revenue acceleration and operational excellence, today announces that TMC, a global, integrated media company, has named Marchex Engage for Auto Sales & Service a winner of the 2025 AI Agent Product of the Year Award. This prestigious award honors groundbreaking AI innovations that elevate performance and deliver outstanding business results across industries and functi
Empower Announces $2.5 Billion in Sales for Its Zero-Fee Index ISA for Retirement Investors
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower, a leading innovator in retirement investment solutions, today announced that the Empower S&P 500® Index Separate Account has surpassed $2.5 billion in cumulative sales since its launch earlier this year. This milestone highlights strong demand from U.S. retirement investors seeking low-cost, transparent ways to grow their retirement savings. The fund is on track to achieve $5 billion in total sales by year-end 2025, underscoring its sustai
J.P. Morgan Payments Launches Cutting-Edge Supply Chain Finance Solution with Oracle
NEW YORK--(BUSINESS WIRE)--J.P. Morgan Payments is unveiling its Supply Chain Finance (SCF) solution integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP) to optimize working capital — a solution that is being used by FedEx. This milestone underscores J.P. Morgan Payments' commitment to delivering cutting-edge financial solutions to its clients. "We are thrilled to team up with FedEx to enhance working capital and boost liquidity management,” said Umar Farooq, Global Co-Head at
New AI-Powered Experian Assistant for Model Risk Management Streamlines and Accelerates Governance Processes
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian today announced the launch of Experian Assistant for Model Risk Management, a first-of-its-kind solution to help financial institutions govern and manage models more efficiently across the entire model‑development lifecycle. Fully integrated into the Experian Ascend Platform™ and powered by ValidMind technology, this solution helps accelerate model validation, improve auditability and transparency, and may aid financial institutions in reducing regu