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Modernizing cross-border payments: New Mastercard study reveals the path to strengthening SMEs’ success in Latin America and the Caribbean

Wed, 07/16/2025 - 09:05
MIAMI--(BUSINESS WIRE)--A new Mastercard report shows how small and medium-sized enterprises (SMEs) are ready to expand beyond their borders, but face disproportionate costs, delays, and lack of visibility of international payments. The research uncovers a need for structural redesign to boost SMEs’ inclusion and global competitiveness. What we’re announcing: Mastercard is announcing a new report titled “Small businesses, big opportunity: Unlocking SME potential in Latin America’s cross-border

Wells Fargo Expands Commercial Banking Healthcare Team by More Than 30%, Increasing Specialized Coverage Across Healthcare Services, MedTech, and BioPharma Sectors

Wed, 07/16/2025 - 09:05
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Commercial Banking has aggressively expanded its team of healthcare industry bankers by more than 30% since the start of 2025, with more hires expected in the second half of the year. The team’s expansion is being fueled by continued growth in the U.S. healthcare sector, coupled with client demand for specialized coverage. This is the largest investment in talent Commercial Banking has made to date in the Healthcare Banking group, which provides indus

Nova Credit Announces Second Annual Cash Flow Underwriting Summit to Convene Industry Leaders That Are Accelerating the Adoption of Cash Flow Underwriting

Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--Nova Credit, a leading credit infrastructure and analytics company, today announced the second annual Cash Flow Underwriting Summit, to be held in New York City on September 10, 2025. The Summit features leaders across consumer lending, discussing the rapid adoption curve of cash flow underwriting and the challenges and opportunities associated with bringing it to life. The Summit comes at a pivotal moment in the economic and regulatory landscape. As traditional credi

Quandri Raises US$12M to Scale AI Automation for Insurance Agencies Across North America

Wed, 07/16/2025 - 09:05
VANCOUVER, British Columbia & BOSTON--(BUSINESS WIRE)-- #AI--Quandri Raises US$12M to Scale AI Automation for Insurance Agencies Across North America

Digimarc Revolutionizes Audio Content Authentication & Protection with Next-Generation Digital Watermarking

Wed, 07/16/2025 - 09:05
BEAVERTON, Ore.--(BUSINESS WIRE)--Digimarc Corporation (NASDAQ: DMRC), the global leader in digital watermarking, today announced the launch of its next-generation audio watermarking technology. Designed to tackle the most urgent challenges in today’s dynamic audio ecosystems, this breakthrough solution helps ensure accurate compensation for creators, provides robust authorship verification, and enables best-in-class protection for sensitive content in the era of generative AI. “The explosion o

Gabriel Hasson Joins ICR as Global Head of Governance & Shareholder Advisory

Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)-- #IR--ICR, a leading strategic communications and advisory firm, today announced the appointment of Gabriel Hasson as Global Head of Governance & Shareholder Advisory. In this role, he will lead the firm’s team advising company management and Boards of Directors across the full spectrum of strategic governance matters, including investment fund stewardship engagement, ESG and bylaw policy strategy and disclosure, shareholder activism, and proxy contest advisory. Hasson

Charles River Associates (CRA) to Host Second-Quarter Fiscal 2025 Financial Results Conference Call on July 31

Wed, 07/16/2025 - 09:05
BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that the company will webcast its second-quarter 2025 financial results conference call on Thursday, July 31, 2025 at 10:00 a.m. ET. The conference call will be hosted by President and Chief Executive Officer Paul Maleh and Chad Holmes, CRA’s Chief Corporate Development Officer and interim Chief Financial Officer. To listen to

OFS Capital Corporation Commences Offering of Notes

Wed, 07/16/2025 - 09:05
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (the “Company” or “OFS Capital”) (Nasdaq: OFS) announced today that it has commenced an underwritten offering of unsecured notes (the “Notes”), subject to market and other conditions. The Company has submitted an application for the Notes to be listed and trade on The Nasdaq Global Select Market under the trading symbol “OFSSO”. If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. T

CSG to Present at Oppenheimer’s 28th Annual Technology, Internet & Communications Conference

Wed, 07/16/2025 - 09:05
DENVER--(BUSINESS WIRE)--CSG® (NASDAQ: CSGS) today announced that the company will present at Oppenheimer’s 28th Annual Technology, Internet & Communications Conference on Monday, August 11th. The presentation will be held at 1:15 p.m. EST and will feature comments from CSG Chief Executive Officer Brian Shepherd. The conference presentation will be available via webcast here. About CSG CSG empowers companies to build unforgettable experiences, making it easier for people and businesses to c

Global ETF Assets Tracking MSCI Equity Indexes Exceed $2 Trillion

Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--The assets in indexed equity exchange-traded funds (ETFs) linked to MSCI’s global equity indexes surpassed $2 trillion, a growth rate of 17 percent since the start of 2025. This growth demonstrates that MSCI indexes are well positioned for investors seeking global opportunities. Asset growth has been driven by investor interest in products targeting developed markets equities outside the U.S., followed by emerging markets. More than $17 trillion of assets are benchmar

Community Trust Bancorp, Inc. Reports Record Earnings for the 2nd Quarter 2025

Wed, 07/16/2025 - 09:05
PIKEVILLE, Ky.--(BUSINESS WIRE)--Community Trust Bancorp, Inc.: Earnings Summary (in thousands except per share data) 2Q 2025 1Q 2025 2Q 2024 YTD 2025 YTD 2024 Net income $24,899 $21,972 $19,499 $46,871 $38,178 Earnings per share $1.38 $1.22 $1.09 $2.60 $2.13 Earnings per share - diluted $1.38 $1.22 $1.09 $2.60 $2.13             Return on average assets 1.58% 1.44% 1.35% 1.51% 1.33% Return on average equity 12.51% 11.50% 11.03% 12.01% 10.82% Efficiency ratio 50.70% 51.86% 52.17% 51.26% 53.51% T

Balance Named to CNBC’s 2025 List of the World’s Top Fintech Companies

Wed, 07/16/2025 - 09:05
NEW YORK--(BUSINESS WIRE)--Balance, a leading financial infrastructure platform, announced today that it has been recognized on CNBC’s list of the World’s Top Fintech Companies of 2025. This prestigious award is presented by CNBC and Statista Inc., a global statistics portal and industry ranking provider, and reflects Balance’s role in modernizing B2B payments and facilitating trade. To compile the list, CNBC and Statista analyzed over 2,000 individual companies across seven market segments, ev

Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $1.14

Wed, 07/16/2025 - 06:05
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.14 per share for the three months ended June 30, 2025, compared to $1.03 per share in the same quarter last year and $.98 per share in the first quarter of 2025. Net income for the second quarter of 2025 amounted to $152.5 million, compared to $139.6 million in the second quarter of 2024 and $131.6 million in the prior quarter. For the six months ended June 30, 2025, earnings per share totaled $2.12, compared

Storage Post Self Storage Expands In New York City

Wed, 07/16/2025 - 06:05
NEW YORK--(BUSINESS WIRE)--Storage Post Self Storage increases its presence in the Big Apple with the purchase of three Sofia Storage locations. These pre-established properties are strategically located in high-demand areas within Manhattan and Brooklyn and will allow Storage Post to bring its exceptional self-storage services to thousands of new customers. The newly acquired facilities are located at: Storage Post Upper West Side, 475 Amsterdam Avenue, New York, NY Storage Post Prospect Heigh

As health benefit costs continue to surge, Mercer’s research reveals that employers face tough decisions regarding their 2026 benefit offerings

Wed, 07/16/2025 - 06:05
NEW YORK--(BUSINESS WIRE)--Mercer, a business of Marsh McLennan (NYSE: MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today released its Survey on Health and Benefit Strategies for 2026. According to the survey, more employers will likely reduce benefits in 2026 as they try to control fast-growing health benefit costs. In recent years, the tight labor market and concerns about

Segal Benz Selects Avante to Power Its Human-Centered, AI-Enhanced Benefits and Total Rewards Communication Service Offerings.

Wed, 07/16/2025 - 06:05
SEATTLE--(BUSINESS WIRE)--Segal Benz selects Avante to deliver AI-powered, personalized employee benefits and total rewards communications.

Elevating Cardholder Experiences Worldwide With the Mastercard Collection and Introduction of World Legend Mastercard

Wed, 07/16/2025 - 00:04
PURCHASE, N.Y.--(BUSINESS WIRE)--New Mastercard research reveals a powerful paradigm shift: consumers are prioritizing connection and spending time and money on what genuinely fulfills them – experiences with people who matter the most. To meet these evolving needs, Mastercard is unveiling a new suite of elevated benefits – The Mastercard Collection – across its World, World Elite and newly created World Legend Mastercard cards. Introducing The Mastercard Collection With The Mastercard Collecti

KBRA Assigns Preliminary Ratings to Public Finance Authority (Georgia SR 400 Express Lanes Project) $3.6 Billion PABs and SR 400 Peach Partners, LLC's $4 Billion TIFIA Loan

Wed, 07/16/2025 - 00:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns its BBB+ preliminary rating to the Public Finance Authority's $3.6 billion senior lien toll revenue bonds, series 2025 (Georgia SR 400 Express Lanes Project) (the private activity bonds (PAB)), which support the Georgia SR 400 Express Lanes Project. KBRA also assigns its BBB preliminary rating to SR 400 Peach Partners, LLC’s $4 billion TIFIA loan. The Outlook is Stable. In August 2024, the consortium formed by Meridiam SR-400, LLC, Acciona Concesiones S.L

Blue Door AM I Announces Launch of $64.8 Million DST Offering

Tue, 07/15/2025 - 21:04
LADERA RANCH, Calif.--(BUSINESS WIRE)--Blue Door AM I, LLC, an indirect subsidiary of Strategic Storage Growth Trust III, Inc. (“SSGT III”), and an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), is pleased to announce the launch of Blue Door Property II, DST (“Blue Door II”), a new Delaware Statutory Trust (DST) investment program. Blue Door II offers accredited investors the opportunity to participate in the self-storage sector through a diversified portfolio of three debt-free

LifeScan Reaches Milestone Transaction to Improve Financial Flexibility and Enable Future-Focused Investments

Tue, 07/15/2025 - 21:04
MALVERN, Pa.--(BUSINESS WIRE)--LifeScan, Inc. (“LifeScan” or the “Company”), a world leader in blood glucose monitoring, today announced that it has entered into a Restructuring Support Agreement (“RSA”) with its first- and second-lien lenders and current equity sponsor, Platinum Equity, that will transform its balance sheet and position the Company for a stronger and more profitable future. As contemplated in the RSA, LifeScan expects to reduce more than 75% of its debt, which will enable the

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