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.

Global Payments Appoints Robert Cortopassi as President and Chief Operating Officer

Business Wire
by Business Wire0
Global Payments, a leading worldwide provider of payment technology and software solutions, announced the appointment of Robert “Bob” Cortopassi, as its new president and chief operating officer, effective immediately. Global Payments Inc. (NYSE: GPN) today announced the appointment of Robert “Bob” Cortopassi, as its new president and chief operating officer.......

SRM Releases Report on the Impact of FedNow and the Outlook for Instant Payments in the United States

Business Wire
by Business Wire0
SRM, an independent advisory firm serving financial institutions across North America and Europe, released its new report titled “Examining the First Year of FedNow & the State of Instant Payments.” “SRM sees instant payments as an essential component of a financial institution’s broader payments strategy” It has been just over a......

Seasoned Fintech and Technology Silicon Valley Executive, Ralph L. Leung, Joins Pagaya as Chief Operating Officer & Chief Commercial Officer

Business Wire
by Business Wire0
Industry veteran with more than 25 years of experience further strengthens Pagaya’s executive leadership team and deepens capital markets, monetization, and operational expertise Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the appointment of Ralph L. Leung as Chief Operating Officer......

Savvy Wealth Completes $26.5 Million Series A Round to Modernize Wealth Management With Transformative AI Tools

Business Wire
by Business Wire0
Company revolutionizing tech-forward wealth management is poised to cross the $1 billion in AUM milestone later this year Savvy Wealth, a digital-first platform for financial advisors centered around modernizing human financial advice, announced an additional $15.5 million funding round led by Canvas Ventures. This latest infusion of capital, which closes......

Mbanq Launches New White-Label Mobile Digital Banking Apps

Business Wire
by Business Wire0
Mbanq’s customizable white-label digital banking apps are now available for deployment by credit unions, banks, neobanks, FinTech platforms, and brands. Mbanq, a global leader in banking technology and Banking-as-a-Service (BaaS), launches a new suite of white-label mobile digital banking apps. These customizable apps are designed to meet the needs of......

Enfusion Introduces the Next Phase of Portfolio Workbench, Empowering Asset Managers with Increased Efficiency and Flexibility

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by Business Wire0
New Portfolio Management Features Elevate Experiences for Asset Managers with Advanced Portfolio Construction, Rebalancing, and Integration with Third-party Optimizers Enfusion, a leading provider of software-as-a-service (SaaS) solutions for investment managers, announced the release of the next phase of Portfolio Workbench, bringing even more powerful portfolio rebalancing and construction features to......

Wolters Kluwer Survey Reveals Misconceptions Among Small Businesses That Are Subject to Beneficial Ownership Reporting

Business Wire
by Business Wire0
One-third of respondents mistakenly believe Corporate Transparency Act rule doesn’t apply to their businesses As a year-end filing deadline approaches, confusion remains high among small businesses that are subject to beneficial ownership reporting under the Corporate Transparency Act (CTA). A new survey by Wolters Kluwer reveals that 33% of respondents representing......

OppFi Acquires Equity Interest in Bitty, Enters Small Business Financing Market

Business Wire
by Business Wire0
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately......

Thredd and Zilch’s Growth and Renewed Partnership Demonstrate Strength and Future Potential of Fintech

Business Wire
by Business Wire0
BNPL Transactions surge, corporate spending continue through June signalling further traction of fintechs A key, competitive renewal with Zilch reinforces Thredd’s position as a global leader in fintech payments Further momentum through H1 2024 includes new business with Discover, Nium, and Terrapay as well as U.S expansion in road Thredd,......
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