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.

Ant International’s Bettr Lending Empowers SMEs on Global E-Commerce Platforms as Year-End Shopping Sprees Near

Business Wire
Bettr, a leading provider of embedded financing and tech solutions under Ant International, announced the launch of its AI-driven accounts receivable financing solution designed to provide global e-commerce platform vendors with rapid and secure access to working capital as they prepare for the year-end shopping sprees. Read More on Fintech : Global......

Atolio Raises $24M in Total Funding to Scale Private AI-Powered Enterprise Search

Business Wire
Atolio, the private AI-powered platform for enterprise search, announced it has closed its Series A led by Translink Capital, with participation from IBM Ventures, Bloomberg Beta, Acorn Pacific Ventures, and Parameter Ventures. Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO of Layer Since its founding in......

Scienaptic AI CUSO Expands

Business Wire
Investments signal accelerating adoption of AI-driven decisions in lending Scienaptic AI, a leading provider of AI-powered credit decisions, announced that three of its clients have joined its Credit Union Service Organization (CUSO) as strategic investors. Patriot Federal Credit Union, Wolverine State Credit Union, and Meridian Trust Federal Credit Union are......

Zocks Launches Next-Gen AI Assistant to Accelerate Client Acquisition and Servicing for Financial Advisors

Business Wire
New AI-powered capabilities enable advisors to provide advice faster, gain more clients, and increase the success rate of associate advisors Zocks, the privacy-first AI assistant for financial services, announced the launch of its next-generation AI platform at Future Proof Festival in Huntington Beach, Calif. The expanded Zocks platform makes it......

Pennymac Selects Vesta to Supercharge Its Mortgage Platform, Setting a New Industry Standard in Origination Technology

Business Wire
PennyMac Financial Services, Inc.(Pennymac) and Vesta Innovations, Inc. (Vesta) announced a strategic partnership to streamline the mortgage application process and enhance the customer experience. Pennymac, a top mortgage lender and servicer, is the first large mortgage client to go live on Vesta’s modern platform, marking a significant industry milestone. As......

Survey: Majority of Middle-Income Canadians Not Interested in Using AI for Financial Advice

Business Wire
82% prefer working with a human financial professional over an algorithm Middle-income Canadians are signaling a strong preference for human financial guidance over artificial intelligence, according to the latest data from Primerica Canada’s Financial Security Monitor™ (FSM™) survey. Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO......

Vergent LMS Appoints Jeremy Johnson as Newest Sales Representative

Business Wire
Vergent LMS, a leading provider of loan management solutions, has announced that it has hired Jeremy Johnson as its newest Sales Representative. With extensive experience in financial technology sales, Johnson brings his valuable expertise to the Vergent team. As a Sales Representative, Johnson will spearhead sales initiatives for Vergent LMS,......

iCapital® Announces Strategic Investment in Tangible Markets, Partners to Deliver Scalable Liquidity Solutions for Alternative Investment Funds

Business Wire
Strategic investment underscores iCapital’s commitment to create a more robust secondary market experience. iCapital1, the global fintech company shaping the future of investing, announced a strategic investment in, and partnership with, Tangible Markets, a leading liquidity solutions provider for private market positions held via wealth management channels. Together, the firms......

Datavault AI Announces Entity Affiliated with CEO Acquires 10 Million Shares of DVLT Common Stock

Business Wire
Datavault AI Inc., (“Datavault AI”) a pioneer in AI-driven data and acoustic sciences, announced that EOS Technology Holdings Inc. (“EOS”) has converted $3,200,000 of a convertible promissory note issued by Datavault AI to EOS into 10 million shares of common stock of Datavault AI. Datavault AI CEO Nathaniel Bradley, a......

The Aleo Network Foundation and Request Finance Partner to Launch First Private Crypto Payroll

Business Wire
Aleo’s privacy-first infrastructure will enable secure, private, and compliant payroll for Web2 and Web3 enterprises The Aleo Network Foundation, the nonprofit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, announces a partnership with Request Finance, the crypto payroll......
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