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.

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Business Wire
This year’s report reveals a focus on harnessing new and emerging technologies to build resiliency, improve quality, maximize workforce potential, and drive sustainable growth. Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the results of the 9th annual “State of Smart......

Investment Firms Overlook AI as a Cybersecurity Risk and Remain Wary About SEC Cybersecurity Enforcement and Compliance with New Rules, Survey Reveals

Business Wire
Nearly 40% of compliance professionals from asset management, investment adviser, and private markets firms have yet to evaluate Artificial Intelligence (AI) as a cybersecurity risk, while 44% have concerns about how the SEC’s new cybersecurity rules will be enforced. Nearly 40% of compliance professionals from asset management, investment adviser, and......

TreviPay Introduces New Financing Option and Payment Application Features for B2B Net Terms Programs

Business Wire
The new solution to use self-financing in combination with TreviPay’s order-to-cash capabilities and partnerships gives sellers a wide range of choice and more control over how they fund their business growth. TreviPay, the most-trusted B2B payments and invoicing network, today announces a new self-financing option along with enhanced payment application......

Kasikorn Securities Selects ICE for Enhanced Portfolio Analytics and Risk Management for Derivatives

Business Wire
With access to ICE’s portfolio analytics application for derivatives, Kasikorn Securities can analyze holdings at both a single security and portfolio level, with data and analytics covering multiple asset classes. Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Kasikorn Securities, part of the Kasikorn......

Leading Financial Services Trade Organizations Challenge Colorado’s Interest-Rate Caps on Out-of-State Banks

Business Wire
The named defendants in the lawsuit are Colorado’s attorney general, Phil Weiser, and the administrator of the Colorado Uniform Consumer Credit Code, Martha Fulford, both sued in their official capacities. Three leading trade organizations for the financial services industry filed a lawsuit in federal court today, challenging a new Colorado......

CI Global Asset Management Announces Securityholder Approval of Fund Mergers and Other Product Changes

Business Wire
CI GAM is renaming the CI Personal Portfolios and significantly reducing their combined management and administration fees. CI Global Asset Management (“CI GAM”) announces it has received securityholder approval for a series of enhancements to its product lineup, including the merger of 11 mutual funds into other mutual funds and changes......

FICO UK Credit Card Market Report: January 2024

Business Wire
Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance by 2.7%. Credit card providers will, however, be encouraged by the first increase in payments to balance since July 2023. According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns.......

AffiniPay Exceeds $125 Million Processing Volume Milestone With Pay-Over-Time Solution For Legal Fees, Powered by Affirm

Business Wire
This record milestone reflects AffiniPay’s commitment to providing software that drives outstanding outcomes for its customers, ensuring everyone can have access to legal support and representation. AffiniPay, a leader in online payments and software solutions for professionals, has announced that over $125 million in legal fees has been processed with......

Cross-Border Spending Surging, 54% of Global Consumers Expect to Increase Amount of International Online Shopping but Expect More Payment Flexibility and Transparency in 2024

Business Wire
Airwallex report reveals a growing consumer trust in international merchants with 61% of consumers perceiving international merchants as trustworthy Flexibility and transparency for both payments and shipping were found to be key considerations for consumers as they carry out cross-border e-commerce transactions Social commerce continues to grow, with more than......

Barclays Bank PLC Increases Purchase Price of Certain Cash Tender Offers and Consent Solicitations

Business Wire
“Barclays bank PLC increases purchase price of certain cash tender offers and consent solicitations. “Barclays Bank PLC (the “Issuer”) announced today that, in connection with its previously announced cash tender offers (each, an “Offer”) to purchase any and all of its outstanding exchange-traded notes (the “Notes” or the “ETNs”) of......
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