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.

CLARA Analytics Study Reveals AI as Early Warning System for Insurance Fraud

Business Wire
by Business Wire0
Machine Learning Models Detect Suspicious Claims Two Weeks Post-Filing – Well Ahead of Traditional Methods A groundbreaking CLARA Analytics study on fraud detection in property and casualty insurance claims has revealed that advanced analytical methods can accurately identify potential fraud indicators just two weeks after a claim is filed, significantly......

Worldpay Continues Expansion Into Latin America With Domestic Acquiring in Colombia

Business Wire
by Business Wire0
Leading global payments acquirer enters the Colombian market with local capabilities Worldpay, a global industry leader in payments technology and solutions, is continuing its expansion into the Latin American market with new domestic acquiring capabilities in Colombia. This expansion further adds to its geographical reach in the region, where it......

Greenlite AI Raises $15M Series A to Help Banks and Fintechs Fight Financial Crime with Trusted AI Workforce

Business Wire
by Business Wire0
Greylock led the round, with participation from Thomson Reuters Ventures, Canvas Prime, Y Combinator, and Tim Mayopoulos, former CEO of Fannie Mae Greenlite AI, the leading AI agent platform for financial services, today announced a $15 million Series A funding round, bringing its total capital raised to $20 million. Greenlite......

MSCI and Intapp Are Partnering to Deliver Enhanced Private Capital Market Intelligence

Business Wire
by Business Wire0
The planned partnership will unlock access to MSCI’s private capital, real asset and deal data via Intapp DealCloud’s AI-powered platform MSCI Inc. and Intapp, have entered into a memorandum of understanding to form a strategic collaboration that will streamline how private market professionals can discover, analyze and act on opportunities.......

Wages Earned, Wages Paid: Embedded Fintech Clair Raises Over $23 Million in Series B to Continue its Mission to Provide Secure, Simple Earned Wage Access

Business Wire
by Business Wire0
Partnerships with Gusto, TriNet, and Others Give Employees What They Want Clair, the pioneering fintech company offering Earned Wage Access (“EWA”) originated by national bank, Pathward, N.A., announced that it has raised $23.2M in its Series B led by their Seed round lead investor Upfront Ventures, with participation from existing investors......

FIS Partners With Issuer-Merchant Collaboration Platform Kipp To Prevent Card Declines and Unlock Revenue for Debit Issuers

Business Wire
by Business Wire0
FIS is partnering with Kipp to bring a first-to-market merchant funded non-sufficient funds (NSF) authorization solution to debit issuers, helping to enable a more predictable and efficient payment experience to consumers. This solution is designed to combat the leading cause of card declines at the point of sale: insufficient funds.......

Passthrough and BlackRock’s Aladdin Collaborate to Enhance Investor Experience on the eFront Platform

Business Wire
by Business Wire0
Passthrough, a leader in fund workflow automation, and Aladdin, BlackRock’s technology business, announced a partnership that integrates Passthrough’s digital subscription technology within the eFront platform to offer a unified investor experience. The collaboration enables common clients – from general partners to asset servicers – to digitize their investor onboarding process......

Airwallex Raises US$300 Million at a US$6.2 Billion Valuation to Build the Future of Global Finance

Business Wire
by Business Wire0
On track to hit US$1 billion in annualised revenue in 2025, as businesses of all sizes look to expand globally without friction Grows gross profit in Americas and Europe at a 4-year CAGR of more than 250% Series F investors include: Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree,......

Acrisure Secures $2.1 Billion Funding Round Led by Bain Capital

Business Wire
by Business Wire0
Additional investors include Fidelity Management & Research Company, Apollo Funds, Gallatin Point and BDT & MSD Partners Financing values Acrisure at $32 billion as company strengthens status as a global fintech leader Acrisure announced it has entered into a definitive agreement for the issuance of new convertible senior preferred stock......

Dun & Bradstreet and Finquest Launch Cofinder to Bring Smarter, Faster Deal Sourcing to Investment Firms

Business Wire
by Business Wire0
Powered by Dun & Bradstreet’s AI-Ready Private Company Data and Finquest’s AI search technology, Cofinder Brings Transparency to the Private Markets Dun & Bradstreet, a leading global provider of business data and analytics, and Finquest, a trusted partner to private equity firms and acquisitive corporates, have launched Cofinder, a cutting-edge......
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