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KBRA Comments on Trimont LLC’s Proposed Assumption of WFCMS Servicing Rights

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--Trimont LLC (Trimont) signed an agreement on August 19, 2024, with Wells Fargo Bank, N. A. (Wells Fargo), to acquire Wells Fargo’s third-party commercial mortgage servicing business (WFCMS), with the transaction expected to close on or about March 1, 2025. The pending transaction will include the transfer of the master, primary, and special servicing duties in commercial mortgage-backed securities (CMBS) conduit and single-asset single borrower (SASB) transactions, co

KBRA Releases SFVegas 2025 Conference: Day 1 Recap

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a Day 1 recap of the SFVegas 2025 conference held on February 23-26. Structured finance market professionals assembled at the Aria in Las Vegas for the annual SFVegas conference. The event was well trafficked, and reportedly had a record 10,000+ registrants. The morning was allocated to plenary sessions focused on the political and economic landscape. The afternoon featured asset-specific panels focusing on areas of interest within the ABS, CLO, CMBS, an

Payfinia and Metallicus Partner to Extend Instant Payments and Cryptocurrency to U.S. Credit Unions

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
SAN FRANCISCO--(BUSINESS WIRE)-- #Blockchain--Metallicus partnered with Payfinia to establish a framework for offering embedded instant payment capabilities coupled with cryptocurrency services.

Mitico Secures $4.3 Million Seed Funding to Commercialize Industrial Carbon Capture Technology

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
PASADENA, Calif.--(BUSINESS WIRE)-- #carboncapture--Mitico, a pioneering carbon capture technology company, today announced it raised $4.3 million in seed funding to scale its innovative granulated metal carbonate sorption technology capturing carbon dioxide (CO2) emitted from industries. The round led by Exergon, an energy decarbonization fund managed by Audacia, was significantly oversubscribed. Joining Exergon, a consortium of forward-thinking financial and industrial investors such as Gore Ventures (W. L. G

Revelyst Inks Exclusive Entertainment Partnership with Nick Meyer’s Recently Relaunched Sierra Pictures

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
LOS ANGELES & PROVIDENCE, R.I.--(BUSINESS WIRE)-- #WeAreRevelyst--Revelyst has signed a multiyear partnership with Sierra Pictures, the production, advisory and financing company recently relaunched by Nick Meyer.

Broadvoice | GoContact Launches Post-Call AI

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
LOS ANGELES--(BUSINESS WIRE)-- #AI--Broadvoice releases its latest AI-powered feature, Post-Call AI, for its GoContact CCaaS platform.

BlackRock’s Laurence D. Fink to Present at the 2025 RBC Capital Markets Global Financial Institutions Conference on March 4th

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that Laurence D. Fink, Chairman and Chief Executive Officer, is scheduled to speak at the 2025 RBC Capital Markets Global Financial Institutions Conference on March 4th, 2025, beginning at approximately 12:20 p.m. ET. A live webcast will be accessible via the “Investor Relations” section of BlackRock’s website, www.blackrock.com. A replay of the webcast will be available within 24 hours of the presentation and will remain acc

Unum Group to Present at the 46th Annual Raymond James Institutional Investor Conference

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney, along with EVP and CFO, Steve Zabel, will represent the company at the 46th Annual Raymond James Institutional Investor Conference. McKenney and Zabel are scheduled to speak at the conference at 4:35 p.m. ET on Tuesday, March 4, 2025. They will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of

Nexstar Media Group to Participate in Upcoming Investor Conferences

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in the Morgan Stanley TMT Conference and Deutsche Bank Media Conference in March.

The Essential Income REIT Achieves 9.84%–14.33% Tax-Equivalent Yields on 2024 Distributions

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchage--ExchangeRight, one of the nation’s leading providers of diversified real estate REIT and DST investments, has announced that the Essential Income REIT’s tax-equivalent yield on 2024 distributions was 9.84% for its Class A shares, 10.47% for Class I shares, and 13.47–14.33% for its Class ER shares. The company’s calculations of tax-equivalent yield assume an investment that would have been made for the full year at the REIT’s current offering price, with a 37%

ICR Launches ICR Conference Spotlight Series

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
NEW YORK--(BUSINESS WIRE)--ICR, a leading strategic communications and advisory firm, announced today the debut of the ICR Conference Spotlight Series, an ongoing platform to host curated content events and guest speakers, providing insight on industry trends, current events, and key business matters. The series extends the impact and insights on display at the annual ICR Conference, now entering its 28th year. “Our latest series of insights, featuring renowned speakers from a variety of sphere

Elan Credit Card App Celebrated in App Store Ratings

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
MINNEAPOLIS--(BUSINESS WIRE)--The ratings are in. The redesigned Elan Credit Card app has reached an overall rating of 4.8 out of 5 stars with more than 90,000 user reviews that note the robust functionality, ease of navigation and modern look. The upgraded app launched in July 2024 with more than 100 card management features informed from conversations and suggestions from Elan clients. Deeper functionality and continued optimization deliver improved biometric login, a redesigned dashboard, ne

KEMI Transforms Workers’ Comp Claims With Origami Risk’s Core Solution

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
LEXINGTON, Ky.--(BUSINESS WIRE)-- #CoreSolutions--Kentucky Employers’ Mutual Insurance (KEMI) transforms workers’ comp claims with Origami Risk’s multi-tenant core claims solution.

The Asia Group Welcomes The Honorable Dr. Kurt M. Campbell as Chairman & Co-Founder

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
WASHINGTON--(BUSINESS WIRE)--The Asia Group (TAG) is excited to announce that The Honorable Dr. Kurt M. Campbell has rejoined the firm as Chairman & Co-Founder. Campbell will focus on advising C-suite executives and corporate boards on transforming their business strategies and enterprise operations to leverage and adapt to changing geopolitical and policy dynamics and drive outcomes in Asia and the world. “Kurt Campbell is without equal,” said Nirav Patel, CEO and Co-Founder of TAG. “He ha

Kemper Executives to Speak at Raymond James 46th Annual Institutional Investors Conference

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) announced today that Joseph P. Lacher, Jr., President and Chief Executive Officer, and Bradley T. Camden, Executive Vice President and Chief Financial Officer, will participate in an in-person fireside chat at the Raymond James 46th Annual Institutional Investors Conference on Tuesday, March 4, at 2:15 p.m. Eastern Time. The fireside chat will be webcast live on the investor section of Kemper’s website and available on an archived basis.

CFP Board Publishes Guide on Ethical Use of Generative AI for CFP® Professionals

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
WASHINGTON--(BUSINESS WIRE)--CFP Board has published the Generative AI Ethics Guide: A Checklist for Upholding the Code and Standards, a comprehensive guide to assist CFP® professionals in using generative artificial intelligence (AI) in their professional services. The guide is part of an ongoing series of resources to help CFP® professionals with their practice. “When wielded with care and responsibility, AI has the power to amplify expertise, unlock efficiencies and enhance the value financi

Millennials Lead in AI Comfort and Trust, While Gen Z Emerges as Key Audience for AI-Driven P&C Insurance Solutions, Insurity Survey Finds

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced new findings from its 2025 AI in Insurance Report, shedding light on generational attitudes toward artificial intelligence in P&C insurance. The report reveals that Millennials continue to lead in AI comfort and trust, while Gen Z represents a rising market for AI-driven insurance solutions. Millennials are the most comfortable generation when int

Attorney Amy Witherite Says Technology Experts Warn About the Danger of Driverless Cars and Trucks

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
DALLAS--(BUSINESS WIRE)--Technical experts caution there is no proof driverless cars and trucks will be safer, as the technology has not been fully vetted. Attorney and traffic safety expert Amy Witherite, whose firm specializes in motor vehicle accidents emphasizes the need for thorough evaluation before widespread adoption. According to the Association for Computer Machinery (ACM), the nation’s premier association of computer engineers. “…experimental automated vehicles have caused and will c

Segal Acquires Communications Consultancy Intactic to Enable Organizations to Enhance Employer-Employee Relationships

Lastest from Businesswire - Tue, 02/25/2025 - 12:50
NEW YORK--(BUSINESS WIRE)--Segal, a leading benefits and human resources consulting firm, today announced its acquisition of Intactic, an employee communications company. This will expand Segal’s employee communications resources for its rapidly growing client roster as part of Segal’s commitment to provide impactful communications services. Intactic’s expertise in internal communications, employee experience, and digital workplace technology that powers enterprise transformation and employee e

FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Nextracker

Lastest from Businesswire - Tue, 02/25/2025 - 09:50
NEW YORK--(BUSINESS WIRE)---- $NXT #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Nextracker Inc. (“Nextracker” or the “Company”) (NASDAQ: NXT) and reminds investors of the February 25, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The fir

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