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.

C3 AI Named to The Financial Times’ The Americas’ Fastest Growing Companies 2024

Business Wire
by Business Wire0
‘The Financial Times’ continued recognition of C3 AI validates the strategic positioning as it continues to meet growth across industries for enterprise generative AI applications. C3 AI, the Enterprise AI application software company, today announced it has been recognized as one of the Americas’ Fastest Growing Companies of 2024 by......

Zycus develops Generative AI powered source to pay platform in collaboration with Microsoft

Business Wire
by Business Wire0
This integration is a step towards an ongoing effort to build the world’s first generative AI-powered S2P platform. Zycus, a global leader in cognitive procurement technology solutions, set another new milestone by announcing integration with Microsoft Azure OpenAI Service. This integration is a step towards an ongoing effort to build......

SiMa.ai Secures Funds and Readies New Generative Edge AI Platform

Business Wire
by Business Wire0
SiMa.ai will utilize the $270M raised to date to continue meeting customer demand for edge AI/ML with its first-generation Machine Learning System-on-Chip (MLSoC) while accelerating the delivery of its second-generation MLSoC for release in Q1 of 2025. SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has......

Lively HSA Account Holders Boast 2x Investing and 17% Higher Account Balances Than Industry Average

Business Wire
by Business Wire0
Lively’s sixth-annual HSA Snapshot report shows that HSAs play a critical role in helping Americans navigate higher prices of prescription drugs, over-the-counter items, and healthcare. Lively, Inc., a top-rated health and lifestyle benefits platform* known for creating the modern Health Savings Account (HSA), today announces the release of its sixth......

Ripple to Issue USD-backed Stablecoin Bringing More Utility and Liquidity to XRP Ledger

Business Wire
by Business Wire0
Ripple’s stablecoin will be 100% backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. These reserve assets will be audited by a third-party accounting firm, and Ripple will publish monthly attestations. Ripple, the leading provider of enterprise blockchain and crypto solutions, announced its plans to launch......

Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

Business Wire
by Business Wire0
This financing will fuel Brim’s U.S. expansion strategy, including extending its market reach, accelerating product development, and forging strategic alliances. Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on......

Synovus introduces Accelerate Pay for business payments

Business Wire
by Business Wire0
The solution offers payees the freedom to choose how they want to get paid, with check payments and e-checks still an option. Synovus has launched AccelerateTM Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use......

Top Ten Payments Companies Processed $9.5 Trillion in 2023 Payment Card Volume

Business Wire
by Business Wire0
The top five players processed an estimated $7.5 trillion in card volume in 2023. All five players have a strong bank sales channel, as they are either bank-owned or have bank partners/clients from other areas of their business. TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm......

Higgsfield AI Secures $8M in Seed Funding to Unlock Personalized AI Video Creation

Business Wire
by Business Wire0
The new funding round marks a significant milestone in Higgsfield AI’s mission to bring video AI generation and editing into the mainstream with its proprietary video model. Higgsfield AI, a startup focused on democratizing social media video creation, today announced $8 million seed funding led by Menlo Ventures. “After leading......

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
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