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.

COVU Secures an Additional $12.5 Million in Series A Funding

Business Wire
by Business Wire0
COVU, Inc., a leader in AI-native services for insurance agencies, announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from......

Clear Street Launches Rebrand of CenterPoint Securities and Provides Active Trading Division Update

Business Wire
by Business Wire0
CenterPoint Securities Rebrands to Clear Street Active Trading While Rolling Out New Functionality Clear Street’s Advanced Trading Technology and Award-Winning Solutions Power Excellence for Active & Professional Traders Clear Street (“Clear Street”, “the Company”) a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced today the rebranding of......

Wolters Kluwer Survey: AI Is Transforming the Office of the CFO; 70% of Finance Professionals Planning to Invest in AI Within the Next Five Years

Business Wire
by Business Wire0
AI adoption within the Office of the CFO is no longer a question of ‘if’ but ‘when’ and ‘how’ Wolters Kluwer, a global leader in information, software, and services for professionals, published a new research report: AI in Finance, from Skepticism to Optimism. The report explores adoption and sentiment related......

Sidepit Secures Pre-Seed Funding to Transform Financial Markets with Patented Decentralized Limit Order Book (DLOB) Technology

Business Wire
by Business Wire0
Fintech startup Sidepit, Inc. today announced the successful close of its pre-seed financing round. The funding will enable Sidepit to accelerate the development of a transformative trading platform built around a patented Decentralized Limit Order Book (DLOB). This new technology is designed to democratize trading by eliminating the hidden market......

Kyriba Enhances its AI-Driven Liquidity Performance Solutions to Boost CFOs’ Financial Agility and Operational Connectivity

Business Wire
by Business Wire0
Kyriba App Studio, a new low-code platform, tackles ‘Liquidity Gridlock,’ simplifies API adoption, and streamlines ERP integrations Kyriba, a global leader in liquidity performance, announced today an AI-driven platform designed to enhance financial connectivity and operational agility for CFOs and their teams. Kyriba App Studio is a first-of-its-kind solution that......

Lendbuzz Completes $262 Million Asset-Backed Securitization

Business Wire
by Business Wire0
Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $262 million securitization (“LBZZ 2024-3”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and......

88% of Finance Professionals are Stressed by Shifting Business Priorities, New Yooz Survey Shows

Business Wire
by Business Wire0
New study from Yooz reveals the impact of shifting business priorities on finance professionals, highlighting increased stress levels and workload challenges with the potential of automation to alleviate these pressures. Finance teams face increasing strain as economic pressures and shifting business demands challenge their ability to meet strategic goals and......

Mastercard Accelerates the Path Toward Real-Time Card Payments

Business Wire
by Business Wire0
South African merchants will soon benefit from same-day payouts and more control over their funds Instant and secure payments can act as a multiplier to help businesses and economies thrive and grow. To further Mastercard’s vision of bringing immediacy to card payments, the company announced that South Africa will be the......

Velera Partners with Kinective to Accelerate Innovation and Time-to-Market for Financial Software Products

Business Wire
by Business Wire0
~Kinective’s Gateway delivers breakthrough core system integration, empowering Velera to bring new products to market faster~ Velera, a leading credit union service organization (CUSO) and an integrated financial technology solutions provider, has entered into a strategic partnership with Kinective, a trailblazer in digital connectivity, document workflow and branch automation for......

Cotribute Expands Participation in Jack Henry Vendor Integration Program to Help Drive Deposit and Customer Growth for Banks

Business Wire
by Business Wire0
Cotribute, an award-winning, next-generation digital account opening and onboarding platform helping financial institutions grow deposits, loans and memberships, today announced at the 2024 Jack Henry Connect that it has successfully implemented at both banks and credit unions and has been certified to integrate with SilverLake® and Synergy® as a member......
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