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.

Synovus Donates $2 Million to Strengthen Communities Throughout Its Footprint

Business Wire
Synovus Bank announced the commitment of $2 million in corporate donations to nonprofits and organizations in Alabama, Georgia, Florida, South Carolina and Tennessee. Through Synovus’ Corporate Donations Program, the bank is building on the millions of dollars it donates annually to address critical needs in the communities it serves. Latest......

Nymbus and Vantage West Credit Union Team Up to Launch a New Niche Digital Financial Brand

Business Wire
NYMBUS, a leading provider of banking technology solutions, announced Vantage West Credit Union has chosen its Launch product to deliver a niche financial brand that is primed to reach new Member segments and grow revenue that it can reinvest back into the communities they serve. Latest Fintech Interview: Global Fintech......

KuCoin Labs and VAIOT Launch Digital Assets Regulation Institute (DARI) to Foster Crypto Regulation Supported by Industry Experts

Business Wire
VAIOT, Grant Thornton, and KuCoin Labs launch independent think tank to promote industry-led crypto regulation, building on VAIOT’s pioneering status as one of Europe’s first fully regulated crypto companies KuCoin Labs, the investment and research firm spun out of crypto exchange KuCoin, and VAIOT, a blockchain and AI-powered services business, have jointly......

actyv.ai and PwC India Announce Strategic Alliance to Digitally Transform and Scale Embedded Finance Across Supply Chain Ecosystems

Business Wire
Singapore-headquartered actyv.ai, a category creator in the enterprise SaaS with embedded finance space announced a strategic partnership with PwC India. The alliance will focus on leveraging PwC India’s expertise in supply chain transformation and using the power of artificial intelligence to drive growth opportunities while providing access to embedded financial......

Sound Point Capital to Acquire Assured Investment Management, and Receive $1 Billion Investment Commitment

Business Wire
Sound Point Capital Management, LP, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce that it has entered into an agreement to acquire Assured Investment Management LLC and certain of its related asset management entities (“Assured-IM”), which conducts the institutional asset management business of......

Bold Commerce Collaborates with PayPal to Launch Tailored Checkout on Adobe Commerce

Business Wire
Brands Can Now Extend Adobe’s Personalization Through the Checkout to Improve Shopper Experience and Increase Conversion Bold Commerce, the technology company that powers tailored checkout experiences for leading omnichannel retailers and DTC brands, announced the launch of its headless checkout integration with Magento Open Source and Adobe Commerce. Bold collaborated......

United Capital Co-founders Launch Modern Wealth Management With $200 Million Equity Financing from Crestview Partners

Business Wire
Former Goldman Sachs and United Capital executives Gary Roth, Mike Capelle and Jason Gordo join forces to build a national wealth management firm using their extensive experience as leaders at a $25 billion AUM independent advisory business Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to......

Behavox Releases Large Language Model for the Financial Services Industry

Business Wire
Behavox, the leading provider of AI-driven compliance solutions, has announced the release of its Large Language Model (LLM), designed specifically for the financial services industry. The Behavox LLM can run on either Behavox’s environment or a customer’s environment, ensuring secure deployment of AI while maintaining compliance with data management and governance regulations.......

BankUnited Expands Corporate Banking Division in Florida

Business Wire
BankUnited, N.A., one of the largest independent depository institutions headquartered in Florida, is expanding its Florida corporate banking division with the addition of three bankers who will help serve the bank’s growing portfolio of middle-market and large corporate companies doing business throughout the region. Latest Fintech Interview: Global Fintech Interview......

Hummingbird Introduces Modular Apps for Compliance Investigations

Business Wire
Fight Financial Criminals Through a Custom Compliance Tech Stack Hummingbird RegTech, a compliance platform, announced the launch of Hummingbird Apps, to provide compliance professionals the ability to create a custom tech stack to fight financial crime. Hummingbird Apps elevates the craft of compliance by seamlessly integrating with an array of third-party......
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