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.

Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital

Business Wire
Non-Traded Business Development Company Expands Ares’ Leading Private Credit Platform Through New Offering Targeting Retail Investors Ares Management Corporation, a leading global alternative investment manager, announced the launch of Ares Strategic Income Fund, a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated,......

SmartMetric Welcomes The Announced End Of The Credit Card Mag Stripe With It Being Replaced By Fingerprint Biometric Cards

Business Wire
SmartMetric, Inc. – It is reported that Spain is the first European country that has officially announced the adoption of fingerprint activated biometric credit and debit cards that will not have a mag stripe. “We have been waiting a long time for this to happen and we are delighted that......

BearingPoint Acquires New Assets for Its Products Unit and Expands Its Securitization and Refinancing Capabilities

Business Wire
To strengthen and expand its market position in the asset-backed securities (ABS) area, BearingPoint is taking over, through an asset deal transaction, the securitization business from TXS, including two software assets for the securitization and refinancing market European management and technology consultancy BearingPoint announced it has acquired the business unit......

HSBC Launches AI-Powered Equity Index Using AWS

Business Wire
Global investment strategy regularly rebalances portfolio with the aim of providing capital appreciation, inflation protection and stable fixed income returns HSBC announced the launch of the HSBC AI Global Tactical Index (HSBC AIGT), which will use machine learning powered by Amazon Web Services, Inc. in conjunction with equity investing. The......

actyv.ai and KGiSL Partner to Drive Global Expansion and Scale Digital Transformation Across Supply Chain Ecosystem

Business Wire
Singapore-headquartered actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, has announced a global partnership with KGiSL, a BFSI-centric multiproduct Enterprise Software company. Over the years, KGiSL has carved a niche for itself in servicing over 270 customers worldwide, including Fortune 500 companies, in......

VyStar Credit Union Announces Intent to Merge with 121 Financial Credit Union

Business Wire
VyStar Credit Union announced its intent to pursue a merger with 121 Financial Credit Union. Both headquartered in Jacksonville, Florida, the credit unions have more than 150 years of combined experience serving their members and communities. The transaction is expected to close later this year pending regulatory and member approval......

Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada

Business Wire
Canadian Crown Corporation Invests in the Startup’s Global Expansion Certn, a leader in online background checks and identity verification, announced it secured an additional US$30M in Series B financing with over US$29.5M coming from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via......

Alorica Announces $725 Million Refinancing by Cerberus Business Finance

Business Wire
Refinancing Enables Leading CX Provider’s Globalization Strategy and Product Expansion Alorica Inc., a fast growing and trusted global leader in next-generation customer experience (CX) solutions, announced it closed a refinancing led by Cerberus Business Finance, LLC, and its affiliates (“Cerberus”). Through a directly negotiated transaction, Alorica received a $725 million......

Guild Mortgage Adds High Performing Group of Loan Officers and Branch Offices in California

Business Wire
New team of 40 includes managers, loan officers and support staff, responsible for more than $350M in annual production Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, added a new district made up of 40 new Guild employees and eight branch offices in California,......

J.D. Power Ranks U.S. Bank Highest in Customer Satisfaction for Retail Banking in California

Business Wire
An effective mix of digital offerings and a caring team of highly skilled banking professionals has become the formula for customer satisfaction at U.S. Bank in California. For three consecutive years U.S. Bank has received the highest score in California in the J.D. Power 2023 U.S. Retail Banking Satisfaction Study......
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