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KBRA Assigns Preliminary Ratings to BMO 2025-5C11
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 17 classes of BMO 2025-5C11, a $698.1 million CMBS conduit transaction collateralized by 37 commercial mortgage loans secured by 62 properties. The collateral properties are located throughout 16 MSAs, of which the three largest are New York (45.3%), Boston (10.9%), and Dallas - Fort Worth (7.0%). The pool has exposure to most major property types, with three types representing more than 10.0% of the
Seven Stars Announces First Fund to Back the Visionaries Shaping AI's Future
SAN FRANCISCO--(BUSINESS WIRE)--Seven Stars, a venture capital firm that partners with founders building the next generation of AI companies, today announced the launch of its inaugural $40 million pre-seed and seed-stage fund, oversubscribed in just five weeks. Founded and managed by Steven Lee, former Partner at SV Angel, Seven Stars will focus on partnering with early-stage AI startups with a sharp focus on applications across both consumer and enterprise technology. “While AI already benefi
Korn Ferry Recognized for 8th Consecutive Year as a Leader in Everest Group’s RPO Services PEAK Matrix® Assessment 2025
LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) announced today that it has been named a Leader in Everest Group’s Recruitment Process Outsourcing (RPO) Services PEAK Matrix® Assessment 2025. This marks the eighth consecutive year Korn Ferry has been recognized as a Leader in RPO. The report highlights several strengths within Korn Ferry’s RPO solutions that contributed to its ranking, including vision, client strategy, advanced technology, and breadth of global delivery capabilities. It a
Payments Innovation Alliance Expands Efforts to Protect Older Americans from Financial Fraud
RESTON, Va.--(BUSINESS WIRE)--Nacha's Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has updated its tools to help financial institutions educate the public about the prevalence of elder financial exploitation and how to assist account holders who may have been targeted. In the United States, people over age 60 lose $38.5 billion due to elder financial abuse annually, with the average loss being $83
PMG Acquires Momentum Commerce to Deliver a Fully Integrated Marketplace & Commerce Solution to Enterprise Brands
DALLAS--(BUSINESS WIRE)-- #advertising--PMG, a global independent marketing services and technology company, today announced the acquisition of Momentum Commerce, a leading retail media company known for its marketplace intelligence and proprietary Velocity™ platform. The acquisition formalizes Momentum Commerce’s integration into PMG and marks the launch of PMG’s commerce capability, designed to help brands unlock revenue growth across retail and marketplace channels through connected strategy, technology, a
Grant Thornton Advisors LLC names Elliot Findlay as COO
CHICAGO--(BUSINESS WIRE)--Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, has named Elliot Findlay as its new chief operating officer (COO) and a member of its Executive Committee. The role was previously held by Jim Peko, who became the firm’s CEO earlier this year. Findlay has been serving as Grant Thornton’s national managing principal of Transaction Advisory Services. He began his career in Scotland in 2000 a
DoubleVerify Launches DV Authentic AdVantage, an Industry-First, AI-Powered Solution to Drive Superior Performance Across Proprietary Video Platforms
NEW YORK--(BUSINESS WIRE)--DoubleVerify ("DV") (NYSE: DV), a leading software platform to verify media quality, optimize ad performance, and prove campaign outcomes, today announced the launch of the DV Authentic AdVantageTM, a first-of-its-kind solution that combines DV’s trusted media quality controls with DV Scibids AITM to drive superior outcomes across walled garden environments. The solution initially will launch across proprietary video platforms, enabling advertisers to enhance performa
GrailPay Raises $6.7M to Build the Risk and Intelligence Layer for Bank Payments
NEW YORK--(BUSINESS WIRE)--GrailPay, a risk and data platform for bank payments, today announced $6.7 million in funding to expand its suite of tools that make ACH transactions safer, smarter, and faster. The fundraise was led by Construct Capital, joined by Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and a network of experienced fintech operators and angels. This follows an initial fundraise led by Noemis Ventures. ACH is the backbone of the U.S. financial system—mo
KBRA Credit Profile Releases CREFC June Conference 2025: Day 2 Recap
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA Credit Profile (KCP), a division of KBRA Analytics, releases its Day 2 recap of the Commercial Real Estate Finance Council (CREFC) June Conference 2025. Key Takeaways Capital markets remain resilient despite a slowdown in originations, with a continued shift to five-year and bridge-to-bridge structures. Servicers flagged growing loan complexity and increased fraud risk as areas of concern, prompting the need for stronger compliance protocols and the adoption of t
Adrenaline and PixelFLEX Forge Strategic Partnership to Power Smarter, More Seamless Digital Display Deployments
ATLANTA--(BUSINESS WIRE)--Adrenaline, the leading brand experience company providing end-to-end solutions and spaces for innovative environments, and PixelFLEX, the leading provider of high-performance, custom LED display solutions across an array of industries, are proud to announce the formation of a strategic partnership to provide cohesive content management services for dynamic digital installations. Through this partnership, Adrenaline will serve as the preferred content management (CMS)
Generational Group Advises Stout’s ACE Hardware in its Sale to ACE Mt. Washington, LLC
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Stout’s ACE Hardware to ACE Mt. Washington LLC, operated by Mafaz Ansar, a local entrepreneur and the managing member of Ansar Properties, LLC. The acquisition closed May 22, 2025. Based in Mount Washington, Kentucky, Stout’s ACE Hardware (Stout’s Feed Store), founded around 1929, has been a staple of Mt. Washington life for nearly a cen
UKG Wins Global Payroll Industry’s Top Honor for Second Straight Year
LOWELL, Mass. & WESTON, Fla.--(BUSINESS WIRE)--For the second straight year, UKG, a leading provider of HR, payroll, and workforce management solutions, has been named the Global Payroll Supplier of the Year by the Global Payroll Alliance. As the global payroll industry’s top honor, the award recognizes UKG’s multi-year effort to help organizations around the world transform their fragmented, multi-country payroll processes with the UKG One View solution — a first-of-its-kind unified view of pa
SEG’s Action Selling Launches AI-Powered Coaching To Transform Sales Performance
CHICAGO--(BUSINESS WIRE)--SEG, a company that helps B2B businesses accelerate growth, is revolutionizing sales productivity with a first-of-its-kind fusion of AI and sales skill building. SEG’s Action Selling, a leading sales training and coaching methodology, is bringing AI-driven practice and reinforcement into the iconic 9 Acts sales methodology. This fuses Action Selling’s structured, research-backed sales system with cutting-edge generative AI technology. The new offering allows organizati
KBRA Assigns Preliminary Ratings to SSI ABS-2025-1 Issuer, LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to SSI ABS-2025-1 Issuer, LLC (SSI 2025-1 or the Issuer), a commercial and industrial (C&I) solar ABS transaction. The transaction is secured by forward project revenues from a portfolio of C&I, utility scale, and community solar PV systems, a portion of which are owned by four tax equity partnerships, each of which is a partnership between a managing member and a tax equity investor. At closing, the Issuer will have a managing
Varo Bank Welcomes Rathi Murthy as Chief Technology Officer, Strengthening Commitment to Customer Financial Empowerment
SAN FRANCISCO--(BUSINESS WIRE)--Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the appointment of Rathi Murthy as its new Chief Technology Officer. Murthy’s arrival reinforces Varo's dedication to empowering customers through innovative technology, aligning with the bank's mission to help everyday Americans make progress in their financial lives. Rathi Murthy has been at the tech forefront for more than 25 years as a transformative Chief Technology Offic
American Marketing Association San Diego Recognizes Clearpoint Agency with 2025 Sandie Award in Public Relations
SAN DIEGO--(BUSINESS WIRE)-- #AMASD--Clearpoint Agency Wins 2025 Sandie Award for its international Public Relations campaign for OptionMetrics.
Visa Signs Football Phenom Lamine Yamal as a Global Ambassador for FIFA World Cup 26™
SAN FRANCISCO--(BUSINESS WIRE)--With exactly one year to go until the FIFA World Cup 26™ kicks off across Canada, Mexico and the United States, Visa (NYSE: V) — a global leader in digital payments and long-standing supporter of world football — today announced that Lamine Yamal, one of the game’s brightest rising stars, will serve as a global ambassador for the tournament. To celebrate the milestone and build momentum toward the largest FIFA World Cup™ in history, Visa will unlock exclusive fan
DocMagic Powers First-Ever eHELOC Registration with MERS® eRegistry for Truliant FCU
TORRANCE, Calif.--(BUSINESS WIRE)--DocMagic and Truliant achieved the mortgage industry’s first electronic Home Equity Line of Credit (eHELOC) registration with the MERS® eRegistry.
HarbourView Equity Partners Convenes Leaders in Culture on the Riviera at Cannes Lions, Featuring will.i.am and Issa Rae
NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), a multi-strategy investment firm focused on opportunities in the music, sports, media and entertainment sectors, is convening creators, innovators and entrepreneurs at this year's Cannes Lions International Festival of Creativity. HarbourView is unveiling a three-day experience focused on business, culture, and connection from June 17-19. As an investment firm focused on the best in global culture – most recently acquirin
KBRA Comments on Chapter 11 Filing of Solar Mosaic
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--Solar Mosaic LLC (Mosaic) has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code (Chapter 11) in the United States Bankruptcy Court for the Southern District of Texas. According to its press release dated June 6, 2025, Mosaic plans to maintain its loan servicing operation through the Chapter 11 process. In addition, Forbright Bank—an existing loan servicing customer of Mosaic and the administrative agent representing lenders in the Chapt