Feed aggregator
Aptus Aero Appoints Maria Breton as Chief Financial Officer
MIAMI--(BUSINESS WIRE)--Aptus Aero, LLC (“Aptus Aero”), a Stephens Group portfolio company focused on providing component maintenance, repair, and overhaul (“MRO”) services for the aviation industry, is pleased to announce the appointment of Maria Breton as Chief Financial Officer. Ms. Breton joins Aptus Aero to partner with CEO Dale Gabel in executing the platform's growth strategy. Ms. Breton brings significant finance leadership across aviation services, manufacturing, and private equity-bac
Kemper Announces Appointment of Stephen J. McAnena as President, Chief Executive Officer and Board Member
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) today announced the appointment of Stephen J. McAnena as President and Chief Executive Officer, effective June 1. McAnena will also join Kemper’s Board of Directors (the “Board”). Interim CEO, C. Thomas Evans, Jr., will return to his role as Kemper’s Executive Vice President, Secretary, and General Counsel. McAnena is a seasoned insurance executive with more than 30 years of leadership experience across the property and casualty, group b
Pagaya to Participate in Upcoming Investor Conferences and Events
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that the Company’s management team will participate in the following investor conferences: Morgan Stanley US Financials Conference Date: June 9, 2026 Location: New York, NY Webcast: Click here to register and listen to a live fireside at 4pm ET on June 9, 2026. Mizuho Technology Conference Date: June 10,
VantageScore CreditGauge™ April 2026: Consumers Borrow Selectively as Delinquencies Ease and Mortgage Demand Strengthens
SAN FRANCISCO--(BUSINESS WIRE)--Consumer credit conditions in April 2026 continued to stabilize as delinquency trends improved across most stages and products, supported by seasonal tax-related relief and disciplined balance management, according to the latest edition of CreditGauge™ from VantageScore. The average VantageScore 4.0 credit score held stable at 701, indicating that consumer credit health remains stable despite elevated interest rates and persistent affordability pressures. “April’
ONDEX Automation Acquires The Fitch Company to Deepen Process Automation and Design Capabilities
CHICAGO--(BUSINESS WIRE)--ONDEX Automation today announced the acquisition of The Fitch Company, a leading electrical engineering and process automation systems integrator based in Rumford, Maine. This is ONDEX's sixth acquisition since April 2024 and significantly expands the company’s capabilities in process automation, electrical design, field engineering, and control systems integration across the industry. Founded in 1986, The Fitch Company has built a distinguished reputation as a trusted
Littlejohn & Co. Closes Continuation Vehicle Anchored by Valcourt Group
GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co., LLC (“Littlejohn”), a private investment firm, today announced the successful closing of a continuation vehicle anchored by the Valcourt Group (“Valcourt” or the “Company”), a leading provider of building envelope maintenance and restoration services for mid- and high-rise properties. The transaction provides optional liquidity to existing fund investors while enabling Littlejohn to continue its partnership with Valcourt during the Compan
Protuoso Biosciences Raises $9.5M Seed Financing for Hub-and-Spoke Platform to Advance Multifunctional MUXBODY™ Biologics
SAN CARLOS, Calif.--(BUSINESS WIRE)--Protuoso Biosciences Raises $9.5M Seed Financing for Hub-and-Spoke Platform to Advance Multifunctional MUXBODY™ Biologics
Milliman expands life insurance ALM services with new SAA solution
SEATTLE--(BUSINESS WIRE)-- #ALM--Milliman, Inc., a premier consulting and actuarial firm, today announced the expansion of its global life insurance asset-liability management (ALM) services with the introduction of an advanced strategic asset allocation (SAA) solution. Building on Milliman’s established actuarial and ALM capabilities—including its Integrate™ and Milliman Mind® platforms— this expansion enhances how the firm helps insurers and their investment partners align investment strategy with l
Backstory Appoints Victor Chang as Chief Information Security Officer to Usher in Global Security for Its AI Answers Platform
SAN FRANCISCO--(BUSINESS WIRE)--Backstory (formerly People.ai), the leading AI answers platform for revenue leaders, today announced the appointment of Victor Chang as Chief Information Security Officer (CISO). Chang will lead comprehensive cybersecurity strategy, infrastructure security, and compliance programs across the organization. Chang joins Backstory with more than 20 years of experience scaling cybersecurity, infrastructure and site reliability engineering at some of Silicon Valley's m
FICO Enhances FICO® Score Mortgage Simulator with New Automated Credit Planning Features
BOZEMAN, Mont.--(BUSINESS WIRE)---- $FICO--FICO enhances FICO Score Mortgage Simulator with tools to empower mortgage professionals with smarter ways to guide borrowers to better loan options
TrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest for On-Demand Business
TACOMA, Wash.--(BUSINESS WIRE)--TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that its Board of Directors (the “Board”) has unanimously rejected the unsolicited, non-binding proposal from HireQuest, Inc. (NASDAQ: HQI) to acquire the On-Demand segment of TrueBlue's PeopleReady business for $105 million in cash. As previously disclosed last year, the Board considered, and rejected, an unsolicited, non-binding proposal from HireQuest to acquire all of
Visa Expands Commercial Solutions Hub with Integration of Visa Accounts Receivable Manager
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V), a global leader in digital payments, today announced an expansion of the Visa Commercial Solutions Hub (VCS Hub), further strengthening how issuers and suppliers connect to scale virtual card programs. Through a new integration with Visa Accounts Receivable Manager (Visa AR Manager), eligible issuers gain built-in access to end-to-end processing designed to reduce operational friction and accelerate commercial card growth. Virtual cards are a
Lockhart, Morris & Montgomery Inc. (LMM) and Overtime Announce Strategic Partnership to Advance AI in Collections
MIAMI--(BUSINESS WIRE)--Overtime.ai, a voice-first AI platform for agencies, debt buyers, healthcare organizations and first party collections teams, today announced a strategic partnership with LMM, a nationally recognized leader in accounts receivable management. The companies will work together to evaluate how conversational AI can be applied across collections workflows to improve performance, support operational teams, and create more flexible consumer engagement. Across the collections in
Axiom Bank Resolves OCC Formal Agreement, Enters New Era of Strength and Strategic Growth
ORLANDO, Fla.--(BUSINESS WIRE)-- #AxiomBank--Axiom Bank, a nationally chartered bank headquartered in Orlando, Florida today announced that the Office of the Comptroller of the Currency (“OCC”) has terminated the Bank’s Formal Agreement dated October 3, 2024, effective April 29, 2026. This marks the successful completion of a comprehensive transformation that has reshaped the institution's governance, risk management infrastructure, and strategic direction. Axiom Bank meaningfully enhanced its risk manageme
TPG to Present at the Morgan Stanley U.S. Financials Conference
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Todd Sisitsky, President, is scheduled to present at the Morgan Stanley U.S. Financials Conference on Tuesday, June 9, 2026, at 1:00 p.m. ET. A live audio webcast of the discussion will be available on the Investor Relations section of TPG’s website at shareholders.tpg.com/events-presentations/events. For those unable to listen to the live webcast,
Powerlaw Corp. Begins Trading on Nasdaq as PWRL
SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, has begun trading on Nasdaq following its direct listing. PWRL is the inaugural fund launched by Powerlaw Capital Group, LLC, an asset management platform focused on expanding access to private technology investing through publicly traded investment vehicles. PWRL is a closed-end fund registered under the Investment Company Act of 1940 and is designed to provid
Fortress Investment Group Announces Acquisition of IPValue Management Group
NEW YORK--(BUSINESS WIRE)--Fortress Investment Group today announced the acquisition of IPValue Management Group (“IPValue”), one of the world’s leading intellectual property (“IP”) licensing companies. Funds managed by Fortress Investment Group affiliates (“Fortress”) led a group of investors that acquired the company. “Coming off our strongest year to date, we view Fortress as uniquely suited to support the next era of IPValue, as we continue to successfully execute our pipeline of new opport
LexAxiom Announces LexSuite, an Agentic Revenue Engine for Solo, Small, and Mid-Size Law Firms
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)-- #LegalAI--LexAxiom today announced LexSuite™, the agentic revenue engine that runs a law firm’s revenue and business operations, so owners can focus on legal work instead of running the business. Customers are being onboarded today across multiple practice segments; the waitlist is open for additional firms. LexSuite is built on LexAxiom’s Privilege-Native ArchitectureTM, which enforces guardrails on every human and agent interaction inside and outside the firm.
CU Hawai’i Federal Credit Union Selects Mahalo Banking to Elevate Digital Banking Experience
TROY, Mich.--(BUSINESS WIRE)-- #CorelationKeyStoneIntegration--CU Hawai’i Federal Credit Union Selects Mahalo Banking to Elevate Digital Banking Experience
Pace Raises $46 Million Series B to Build the Next Century of Insurance
NEW YORK--(BUSINESS WIRE)--Pace, the AI operations partner for the world’s leading insurers, today announced its $46 million Series B, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. Pace partners with several public insurers and brokers to provide its cutting-edge technology, including The Mutual Group, Newfront, Prudential, and WTW. Since launching last year, Pace has autonomously completed more than a quarter of a million critical i
