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Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat, JD Power Finds
TROY, Mich.--(BUSINESS WIRE)--JD Power: Non-Bank Lenders Close Satisfaction Gap with Banks as Consumer Loan Satisfaction Remains Flat
Acumen Financial Advantage Expands Leadership Team, Deepening Commitment to the Credit Union Movement
LA JOLLA, Calif.--(BUSINESS WIRE)--Acumen Financial Advantage expands its leadership team with two new Regional Vice Presidents, deepening its commitment to the credit union movement.
Lauxera Capital Partners Raises €520 Million Fund II to Scale a New Generation of European Healthtech Leaders
PARIS & SAN FRANCISCO--(BUSINESS WIRE)--Lauxera Capital Partners, a growth-buyout and growth equity firm focused on innovative and fast-growing Healthtech companies, today announced the successful close of its Lauxera Growth II fund at €520 million, surpassing its €500 million hard cap and nearly doubling the size of the firm’s debut fund. Finalized less than 18 months after its first closing, the oversubscribed fund reflects strong support from both returning and new Limited Partners and under
BitGo Unveils Modular Digital Asset Operating Model for Banks
NEW YORK--(BUSINESS WIRE)--BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today introduced a modular bank-ready operating model designed to help financial institutions evaluate, launch, and scale digital asset capabilities within an established legal, compliance, risk, and operational framework. The modular model brings together custodial wallets, trading, settlement, staking, stablecoins, wealth management, licensing and API infrastructure in a modular o
Eagle Point Income Company Inc. Announces First Quarter 2026 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $EIC--Eagle Point Income Company Inc. (the “Company”) (NYSE: EIC, EICA) today announced financial results for the quarter ended March 31, 2026, and certain additional activity through April 30, 2026. “We continue to see strong cash flows from our investment portfolio, and we are pleased that our net investment income exceeded the common stock distribution,” said Thomas P. Majewski, Chairman and Chief Executive Officer. “With short-term rates potentially increasing,
Milliman Financial Strategies Limited launches MGTS Milliman SmartShield Fund in UK
LONDON--(BUSINESS WIRE)--Milliman Financial Strategies Limited has announced the launch of the MGTS Milliman SmartShield Fund in the UK. The fund makes available to advisers a disciplined approach to managing downside risk, previously only available to insurers and institutional investors. Drawing on over 25 years’ experience in financial market risk management, with more than GBP 18 billion managed in similar strategies outside the UK, the fund has been developed to support advisers seeking a
Sureshot.io Selects Vonage to Power Next-Generation Customer Engagement with Advanced Messaging Capabilities
HOLMDEL, N.J.--(BUSINESS WIRE)--Vonage, a part of Ericsson (NASDAQ: ERIC), today announced that Sureshot.io, a marketing and productivity software provider, has selected Vonage to power its next-generation customer engagement solutions. Sureshot.io is now using the Vonage Messages API to deliver more dynamic, interactive messaging experiences for its global clients. Sureshot.io, which integrates with major marketing automation platforms, is moving a high volume of its SMS and MMS traffic to Von
Bradesco Expands Payroll Loan Operations with FICO Platform
SÃO PAULO--(BUSINESS WIRE)---- $FICO--Bradesco, Brazil's leading private bank, has won a 2026 FICO® Decision Award for Decision Management Innovation.
Eagle Point Credit Company Inc. Announces First Quarter 2026 Financial Results
GREENWICH, Conn.--(BUSINESS WIRE)---- $ECC--Eagle Point Credit Company Inc. (the “Company”) (NYSE: ECC, ECCC, ECC PRD, ECCU, ECCV) today announced financial results for the quarter ended March 31, 2026, and certain additional activity through April 30, 2026. “The CLO market tends to underprice the reinvestment option precisely when it matters most, during periods of dislocation,” said Thomas P. Majewski, Chief Executive Officer. “What looks like short-term stress is often the moment of greatest embedded
Benji Announces $6.25 Million in New Funding to Expand Infrastructure for Loyalty Partnerships
CHICAGO & NEW YORK--(BUSINESS WIRE)--Benji, the universal API for loyalty partnerships, today announced a $6.25 million seed funding round led by Preface Ventures and Atinc, with participation from Great North Ventures, M25, and Hyde Park Venture Partners. Benji’s growing network includes JetBlue’s loyalty program as well as those of several other leading brands such as Cook Unity, 1800-Flowers and Chip City, with a total of more than 50 million active members combined. The funding will support
Clay McCoy Joins Evercore as Senior Managing Director in Private Capital Advisory
NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that Clay McCoy has joined the firm as a senior managing director in its private capital advisory (PCA) group, based in New York. “We are pleased to welcome Clay to Evercore,” said Nigel Dawn, global head of Evercore’s private capital advisory business. “He brings deep infrastructure secondaries expertise, strong market relationships and a proven ability to advise clients in complex markets. As the secondary market continues to exp
Guitar Center Appoints Reverb Founder David Kalt to Its Board of Directors
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Guitar Center appoints David Kalt to its Board as the company expands into its next growth phase.
Pitney Bowes Announces Extension of Credit Facilities
SHELTON, Conn.--(BUSINESS WIRE)--Pitney Bowes extends credit facility maturities to 2031 and receives BB- Long-Term Issuer Default Rating from Fitch.
Large Mortgage Lenders Rapidly Switch to VantageScore 4.0 Credit Score, Millions More Creditworthy Consumers Available for Loans
SAN FRANCISCO--(BUSINESS WIRE)--Large mortgage brokers who have switched to VantageScore now report significantly improved pricing, eligibility and more approvals for creditworthy borrowers. Last week, many of the largest mortgage lenders in the U.S., such as United Wholesale Mortgage and NewRez, publicly shared for the first time their positive experiences with VantageScore 4.0 for conforming mortgages. One broker cited the ability to help borrowers secure “better interest rates, better terms,
Robertet Selects GTT for Secure Connect SASE to Power the Future of Fragrance and Flavor Innovation
ARLINGTON, Va.--(BUSINESS WIRE)-- #Cybersecurity--GTT Communications Inc., a leading networking and security as a service provider for multinational organizations, has been selected by the Robertet Group, a world leader in fragrances, flavors and natural raw materials, to provide Secure Connect SASE, Cloud Connect and connectivity across Europe, the Middle East, North and South America and Asia, including China. Robertet will use secure networking enabled by the GTT Envision platform to streamline operations, a
Metropolitan New York ranks as America’s largest hurricane exposure zone, Cotality report finds
IRVINE, Calif.--(BUSINESS WIRE)--More than 3.27 million New York homes face moderate or greater hurricane wind risk, representing nearly $1.93 trillion in reconstruction cost value (RCV) - the highest concentration in the nation - according to a new report from Cotality, a leading global property information, analytics, and data-enabled solutions provider. This represents only a small fraction of the more than 32.2 million U.S. homes at risk nationwide, accounting for more than $12.26 trillion
Hadron Appoints Liesel Carvajal as Group General Counsel and Ed McGough as Chief Information Officer
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Hadron, a modern specialty insurance carrier setting a higher standard in delegated underwriting authority, today announced the appointments of Liesel Carvajal as Group General Counsel and Ed McGough as Chief Information Officer. Three years of deliberate platform-building across its global operations have established Hadron as a carrier built for the long term. These appointments accelerate that trajectory, bringing the legal, regulatory, and technology lead
Applebee’s and Wyndham Rewards Team Up to Bring Free Delivery to Members Nationwide
PASADENA, Calif. & PARSIPPANY, N.J.--(BUSINESS WIRE)--Applebee’s and Wyndham Rewards® are bringing America's favorite grill + bar directly to hotels nationwide through their industry-first collaboration—now just a few taps away. Beginning today, Wyndham Rewards members who order $15 or more of Applebee’s To Go through the Wyndham Mobile App will receive free delivery straight to their hotel, all while earning Wyndham Rewards points.* With more than 1,100 Applebee’s located within a five-mile ra
Energy Vault Appoints IPP Industry Vet Cory Magnuson as President of Asset Vault, Announces Expansion of Financing Platform to Support Massive Demand in AI Compute Infrastructure Solutions
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $NRGV--Energy Vault (NYSE: NRGV) (“Energy Vault” or the “Company”), a global leader in sustainable energy storage and AI compute infrastructure solutions, today announced the appointment of Cory Magnuson as President of Asset Vault, further strengthening the Company’s ability to finance, develop, own and operate large-scale energy and AI infrastructure assets globally. The appointment comes as Energy Vault continues rapidly expanding its Asset Vault platform,
Operation HOPE and Nasdaq Foundation Launch Digital Investor Education Tool to Expand Wealth-Building Access for New Investors
ATLANTA--(BUSINESS WIRE)--Operation HOPE, the nation’s leading nonprofit financial empowerment organization, today announced the launch of the Investor Mindset Experience in partnership with the Nasdaq Foundation — a free digital education tool designed to equip first-time investors with the knowledge and confidence to begin participating in the financial markets. The Investor Mindset Experience meets users where they are, beginning with a personalized assessment of their financial readiness an
