Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Introducing Chime Invest, Bringing Wealth Building to Millions Who Already Trust Chime with Their Money

Business Wire
by Business Wire0
Commission-free investing with no account minimums, built into the Chime app to make it easy for millions of Americans to start investing Chime, America’s #1 choice for banking1, announced the launch of Chime Invest™, bringing investing to the Chime app where members already get paid, spend, and save. Members can......

Velocity Capital LLC Named as Prometheum Capital’s First Self-Clearing Broker-Dealer Client for Crypto Asset Custody, Clearing, and Settlement

Business Wire
by Business Wire0
Velocity Capital joins Prometheum Capital’s Digital Brokerage Solutions platform on an omnibus correspondent clearing basis Prometheum Inc. (“Prometheum”) announced that Velocity Capital LLC (“Velocity Capital”) is the first client of the omnibus correspondent clearing service offered by its subsidiary, Prometheum Capital, a FINRA member and SEC-registered crypto asset clearing broker-dealer.......

Procurify Launches Agentic Procurement Platform That Acts on Your Own Spend Data

Business Wire
by Business Wire0
New agentic capabilities turn a decade of organizational spend context into autonomous action: guiding intake, coding orders, and intelligently matching invoices in real time, so mid-market finance teams move faster without sacrificing control. Procurify announced Guided Intake, Order Autopilot, and a rebuilt, agent-powered AP engine, completing its transformation into a......

The Standard Promotes Taylor Shaw to Assistant Vice President and Actuary

Business Wire
by Business Wire0
Standard Insurance Company (The Standard) announced that Taylor Shaw has been promoted to assistant vice president and actuary in Corporate Actuarial and Risk Management. Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted “Taylor has consistently demonstrated strong technical expertise, thoughtful leadership and a collaborative......

Renaissance Launches Dedicated Program for Start-Up and Emerging Independent Insurance Agencies

Business Wire
by Business Wire0
Renaissance Launch provides market access, operational support, and infrastructure for agents entering the independent channel Renaissance announced Renaissance Launch, a dedicated program designed to support start-up and emerging independent insurance agencies with the market access, operational infrastructure, and strategic support needed to establish and grow their businesses. Read More on......

Russell Investments Expands ETF Lineup with Two New Multi-Manager Funds

Business Wire
by Business Wire0
New ETFs build on firm’s growing suite, offering access to leading global managers through a single, efficient investment Russell Investments announced the launch of two new actively managed ETFs – Russell Investments Global Real Estate ETF (CRIB) and Russell Investments Core Plus Bond ETF (BD) – further expanding its multi-manager......

Driving Intelligent Lending: Communication Federal Credit Union Goes Live with Scienaptic AI

Business Wire
by Business Wire0
Unlocking $134.5M in incremental Vehicle loan originations and up to 20% reduction in losses across Consumer Loan portfolios Scienaptic AI, a global leader in AI powered credit decisioning technology, announced that Communication Federal Credit Union has gone live on its AI platform. This deployment is automating the credit union’s lending operations,......

Littlejohn & Co. Promotes Brian Michaud to Managing Partner

Business Wire
by Business Wire0
Michaud Joins Firm’s Senior Leadership Alongside Managing Partners Tony Miranda, Steven Raich and COO Shant Mardirossian Managing Partner and CEO Michael Klein to Become Chairman, and Managing Partner and President Brian Ramsay to Become Vice Chairman Littlejohn & Co., LLC (“Littlejohn”), a private investment firm, announced the promotion of Brian Michaud......

GoldenTree Announces Closing of Oversubscribed Private Credit Fund II

Business Wire
by Business Wire0
Private Credit Fund II oversubscribed at hard cap of $2.75 billion, delivering a net IRR of over 20% Predecessor vintage delivering 16% net IRR and 1.4x net multiple, representing top-decile returns GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $70 billion in assets under management, announced the......
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