Lastest from Businesswire

BURBANK, Calif.--(BUSINESS WIRE)--A new industry report from Celent, commissioned by Zest AI, reveals that fraud has moved from an operational cost to a direct contributor to credit losses—one that lenders are finding increasingly difficult to detect and combat on their own. A survey of 115 U.S. financial institutions found that 93% of lenders say fraud contributes to their credit losses, and 82% report fraud losses increased in 2026 compared to the year prior. The findings point to an industry

BERLIN--(BUSINESS WIRE)--emnify, a global provider of cloud-native IoT connectivity solutions, today announced it has been recognized as a Visionary in the 2026 Gartner® Magic Quadrant™ for Managed IoT Connectivity Services, Worldwide. Get the report As a first-time recognized vendor, emnify believes this recognition reflects its forward-looking approach to IoT connectivity, building a platform designed to anticipate where enterprise needs are heading rather than replicating the connectivity mo

NEW YORK--(BUSINESS WIRE)---- $VITL #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Vital Farms, Inc. (“Vital Farms” or the “Company”) (NASDAQ: VITL) and reminds investors of the May 26, 2026 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 firm h

LONDON--(BUSINESS WIRE)--Dorsey & Whitney appointed M&A and Private Equity attorney Mark Churchman as a Partner in its London office, strengthening the firm's capability to support mid-market sponsors on UK domestic and cross-border transactions. Mark joins Dorsey from Shoosmiths, where he was Partner in the M&A and Private Equity team. He brings over 15 years’ experience advising UK, US, and European sponsors on investment and M&A opportunities. His practice focuses on mid-mark

NASHVILLE, Tenn.--(BUSINESS WIRE)--Quantum Health, the leading healthcare navigation company, today highlighted a series of expanded capabilities designed to help employers lower their healthcare costs. Announced from a sold-out Quantum Health Connect conference, these advancements reflect the company’s continued focus on addressing the most urgent challenge facing employers today: reducing total cost of care while improving outcomes and the member experience. “From pharmacy to advanced therapi

REDWOOD CITY, Calif.--(BUSINESS WIRE)--EA SPORTS FC™ and LALIGA have unveiled a newly refurbished community football pitch in the South Bronx, New York, as part of FC FUTURES – EA SPORTS’ grassroots initiative to expand access to the game and connect football communities around the world. Marking the 10th pitch delivered through the program with LALIGA globally, the project brings together soccer, creativity and community to create a safe, inclusive space for young people and local families to

MINNEAPOLIS--(BUSINESS WIRE)--HomeServices of America, a leading provider of homeownership services, today announced the appointment of Lane McCormack as President of Berkshire Hathaway HomeServices Beach Properties of Florida. A highly respected real estate executive with more than 28 years of industry experience, McCormack brings a proven track record of strategic leadership, operational growth and deep expertise in the luxury sector. She joins Beach Properties following seven years with Ansl

MIAMI--(BUSINESS WIRE)--Consertus, Inc., a portfolio company of RTC Partners, has appointed Amer Jeambey as Executive Vice President and Managing Director, MENA. In this role, he will lead the firm’s Middle East and North Africa Division, driving regional growth through acquisitions, deepening client relationships, and expanding its integrated delivery capabilities. Amer brings more than 20 years of experience across the MENA region, spanning investment management, corporate strategy, advisory,

SAN FRANCISCO--(BUSINESS WIRE)--Fazeshift, an AI-native platform deploying autonomous agents to execute end-to-end accounts receivable workflows, today announced $17M in Series A funding, bringing total funding to $22M. The Series A was led by F-Prime, with participation from Gradient (Google’s early-stage AI fund), Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and prominent angels. Already automating invoicing, collections, and reconciliation for enterprise finance teams, Fazeshift is

CHICAGO--(BUSINESS WIRE)--Lincoln International, a global investment banking advisory firm, announced today that the Lincoln Private Market Index (LPMI), an index that tracks changes in the enterprise value of U.S. privately held companies, decreased by 2.2% in Q1, driven primarily by a 7.8% decrease for technology companies (driven by an 8.8% decrease for software companies) and a 1.5% decrease for business services companies while all other industries remained flat or modestly up quarter-over

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today strong momentum across its business in the first quarter of 2026, highlighted by the company surpassing 20 million investors served. The retirement services and wealth management provider saw continued growth in sales and net flows during the quarter. Empower announced it has achieved base earnings of $314 million for the first quarter of 2026, up 23% from the same period in 2025. Empower released results as part of a broader qu

TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group ("Baldwin" or the “Company”) (NASDAQ: BWIN), a leading independent insurance brokerage and advisory firm, today released its Q1 2026 Market Pulse Report, documenting the sharpest divergence between property and casualty pricing trends since the report was launched in Q4 2024. Commercial property deepened to its steepest negative reading on record while key casualty lines re-accelerated or maintained their upward trend. Based on aggregated data and

SAN FRANCISCO--(BUSINESS WIRE)-- #Afiniti--Andersen Consulting announces a Collaboration Agreement with Afiniti, a global business transformation consultancy.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today that its Board of Directors has approved and declared a dividend of $0.15 per share, payable on June 26, 2026, to common shareholders of record on June 15, 2026. About Fidelis Insurance Group Fidelis Insurance Group, which expects to rebrand as Pelagos Insurance Cap

NEW YORK--(BUSINESS WIRE)--Prediction market Kalshi today announced a $1 billion Series F round at a $22 billion valuation, led by Coatue, with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. This raise comes amid the start of institutional demand. Over the past six months, institutional trading volume has increased 800%. Kalshi has emerged as the clear leader in the category, with over 90% of U.S. prediction market activity, as well as th

CINCINNATI--(BUSINESS WIRE)-- #Cincinnati--The Tussey family has filed a civil lawsuit alleging negligence and wrongful death of Rachel Tussey.

NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh (NYSE:MRSH), today announced three senior leadership appointments aimed at accelerating how it delivers insights, scales solutions, and supports clients through their most transformative moments. Jeremy Badman will assume the role of Chief AI and Data Officer. This newly established position will reimagine how work is delivered, staffed, and scaled with AI technology. Badman, who has served

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Socure, the leading trust infrastructure for global identity and risk intelligence, today announced the appointment of Chung-Man Tam as Chief Product Officer (CPO) and Pablo Abreu as Socure's first Chief AI and Innovation Officer. Together, these executive appointments strengthen Socure’s ability to deliver for customers at a time when identity and fraud prevention have taken on new urgency. Socure's network has recorded an 8,000% increase in AI-driven fr

SAN FRANCISCO--(BUSINESS WIRE)--Deon Nicholas, founder of Forethought, today announced the public launch of Espa, an AI-native executive assistant built to manage the logistics of work and personal life, all in one place. Espa is the only AI powered EA that combines the execution, context, and continuity of a great assistant to anyone who needs one—without the cost barrier. Where most AI tools stop at drafting and suggestions, Espa executes: it sends the email, books the meeting, tracks the fol

LOWELL, Mass. & PUNE, India--(BUSINESS WIRE)--Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, and UKG, a leading global AI platform unifying HR, pay, and workforce management, announced a partnership to help global enterprises, particularly small and mid-market organizations in North America across sectors such as IT, retail, manufacturing, and services, boost productivity, efficiency, and workforce agility.