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2026 Diary of Consumer Payment Choice: Consumer habits hold steady as payment options grow
CHICAGO--(BUSINESS WIRE)--For about 1 in 7 payments, consumers still pay with cash despite the growing proliferation of digital payment options, according to the 2026 Diary of Consumer Payment Choice (Diary), the annual survey from Federal Reserve Financial Services measuring the evolving role of cash in the U.S. economy. Now in its 10th year, the national survey revealed that U.S. consumer payment use remained largely consistent over the past three years. Cash remained the third-most-used paym
USAA Educational Foundation Study Reveals How Cost of Living Pressures and ‘Predictable’ Outlays are Straining Military Family Finances, While Highlighting Some Progress
SAN ANTONIO--(BUSINESS WIRE)--The strain of rising prices and pressures unique to military life – frequent moves, costs of living near military installations, and spouse unemployment - are creating pressure points that impact the financial readiness of military families, according to The USAA Educational Foundation’s inaugural State of Personal Finance in the Military Community Report. The report, which provides a comprehensive, data-driven view into the factors shaping personal finance for cur
Citizens Named to Newsweek’s America’s Most Charitable Companies 2026 List & Wins Top CBA Award for Small Business Program
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens was named to Newsweek’s America’s Most Charitable Companies 2026 list, ranking 15th out of 300 U.S. companies and earning distinction as the highest-ranked New England-based organization. The award, presented in collaboration with Statista, highlights leadership in corporate philanthropy, employee volunteerism, and sustained community investment. “This recognition reflects the depth and consistency of our commitment to the communities we serve,” said
Stensul Names Manlio Carrelli Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--Stensul, the Governed Creation™ platform for enterprise marketing teams, today announced the appointment of Manlio Carrelli as Chief Executive Officer, effective immediately. Carrelli succeeds Noah Dinkin, Stensul's founder, who is stepping down from the CEO role after more than a decade leading the company he founded and built into the leading platform for Governed Creation™ for enterprise marketing. Carrelli joins Stensul at a pivotal moment for the enterprise marke
Travel + Leisure Co. Announces Launch of Senior Secured Notes Offering
ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today that it has launched a private offering (the “Offering”) of $900 million aggregate principal amount of senior secured notes due 2031 (the “Notes”), subject to customary and market conditions. The Company intends to use the net proceeds of this Offering to redeem all of the Company’s outstanding 6.625% secured notes due July 2026, towards repayment of outstanding borrowings under its revolving credit
Employees Face Difficult Trade-offs Amid Rising Costs
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) released today its annual Benefits & Beyond study, showing how economic uncertainty and rising medical costs are exacerbating financial stress and placing added strain on employees’ mental health. The research finds financial stress is no longer just a budget concern for employees. It is increasingly linked to mental strain and health decisions, which can have a ripple effect on workplace engagement. At the same time, the
ImageKit Launches DAM Agent, Bringing Conversational AI to Digital Asset Management
NEWARK, Del.--(BUSINESS WIRE)-- #AI--ImageKit, an AI-powered digital asset management and media delivery platform, today announced the launch of DAM Agent, a native AI assistant built on top of the ImageKit DAM. Available currently to all ImageKit users at no additional cost, the DAM Agent brings a conversational interface to complex digital asset management workflows, helping teams execute multi-step operations across asset discovery, metadata management, taxonomy configuration, governance policies,
Piper Sandler Strengthens Fixed Income Platform with the Addition of Distressed Debt and Special Asset Group
NEW YORK--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the additions of John Mori and Eric Friel as managing directors to lead a new group that will focus on distressed debt and special assets. Mori will be based in Greenwich and Friel will be in New York, both reporting to Michael Piper, head of fixed income at Piper Sandler. The distressed debt and special asset group will source and trade specialized credit products, including distr
Graphic Packaging Holding Company (GPK) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Graphic Packaging Holding Company (“Graphic Packaging” or the “Company”) (NYSE: GPK) investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN GRAPHIC PACKAGING HOLDING COMPANY (GPK), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.Contact the Law Offices of Howard G. Smith to
Trusted Advisor Search Launches, Bringing Decades of Recruiting Experience and In-House Legal Counsel to Financial Advisor Transitions
BOSTON--(BUSINESS WIRE)--Trusted Advisor Search (TAS), a financial advisor recruiting and transition firm, announced the official launch of its website and the public introduction of its founding team. The company was built to solve a problem that has gone unaddressed in the recruiting industry: the absence of an independent, knowledgeable partner has left advisors navigating one of the biggest decisions of their careers largely alone. TAS was founded by Dave Porter, a 40-year veteran of the fi
Barksdale Federal Credit Union Selects Scienaptic AI to Strengthen Fraud and Anomaly Detection
NEW YORK--(BUSINESS WIRE)--Scienaptic AI, a leading provider of AI-powered credit decisioning, announced today that Barksdale Federal Credit Union has selected its platform to enhance origination fraud and anomaly detection to tackle the challenges of identity theft and synthetic identity fraud. With the help of the Scienaptic AI platform, Barksdale Federal Credit Union aims to deploy a deeply integrated fraud and loan underwriting engine. This integrated engine aggregates multiple data sources
Franklin Templeton Launches Private Model Portfolios with Corastone to Help Advisors Access Private Markets
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton, a global investment leader, today announced the launch of its Private Markets Model Portfolios, developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network designed to streamline, automate, and scale private market investments. The Private Markets Model Portfolios are designed to help financial advisors more efficiently incorporate private market investments within a professionally manag
Ripple Prime Secures $200 Million Debt Facility from Neuberger Specialty Finance to Expand Capacity
SAN FRANCISCO--(BUSINESS WIRE)--Ripple, the leading provider of blockchain-based enterprise solutions across traditional and digital finance, today announced the successful closing of a $200 million debt facility from funds managed by Neuberger Specialty Finance, the dedicated asset-based investment team within Neuberger, a global investment management firm. The facility will support the continued growth of Ripple’s multi-asset prime brokerage platform, Ripple Prime, amid rising client demand f
UMB Institutional Custody Business Grows to $250 Billion Assets Under Custody
KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Bank announced strong annual growth in its Institutional Custody business with $250 billion in assets under custody as of March 31, 2026,.
Check Point Software Technologies Ltd. (CHKP) Shareholders Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Check Point Software Technologies Ltd. (“Check Point” or the “Company”) (NASDAQ: CHKP) investors concerning the Company’s possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard
Carnegie Investment Counsel Promotes Veteran Investment Manager Ben Connard to Chief Investment Officer
CLEVELAND--(BUSINESS WIRE)--Carnegie Investment Counsel promotes Ben Connard to CIO to lead investment strategy, portfolio construction, and firm-wide collaboration.
Visa Announces Expiration and Results of Exchange Offer for Class B-1 and Class B-2 Common Stock
SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE:V) today announced that its Exchange Offer for Class B-1 and B-2 common stock expired on May 8, 2026. The Exchange Offer allowed each participating holder of Class B common stock to exchange their shares of Class B common stock for a combination of Visa’s Class B-3 common stock, Visa’s Class C common stock and, where applicable, cash in lieu of fractional shares. Today, Visa has accepted approximately 2.7 million shares of Class B-1 common stock and ap
AlphaCore Wealth Advisory Launches Upside Capture Podcast With Host Dr. David Stubbs
LA JOLLA, Calif.--(BUSINESS WIRE)--AlphaCore Wealth Advisory Launches Upside Capture Podcast with host Dr. David Stubbs
U.S. Bank Launches New Loan Product for Startup Dental and Veterinary Practices
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank is expanding its healthcare business banking offerings with a new startup loan product for dentists and veterinarians, giving clinicians a new option to build independent practices and serve patients in their communities. The bank has previously offered loans for the acquisition of existing practices or for startup practices launched by existing owners. The new product extends that support to dentists and veterinarians launching first-time practices, broa
Affirm survey: 90% of small businesses are confident in growth outlook and turning to flexible payments to compete
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM) today released results from its inaugural Small Business Sentiment Survey. The findings show small business owners are navigating a more demanding market but remain confident about the year ahead, looking to flexible payment options to help them keep pace. Buy Now, Pay Later (BNPL) is one of those tools, with many saying it helps them attract customers and build trust. Most also said expanding access to these options would benefit both busin
