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Introducing the Second Cohort of Northwestern Mutual’s Hometown HBCU Connection Scholars
Banking & Financial ServicesEnvironmental, Social and Governance

Introducing the Second Cohort of Northwestern Mutual’s Hometown HBCU Connection Scholars

June 12, 2024 9:05 AM

MILWAUKEE, WI / ACCESSWIRE / June 12, 2024 / With graduation season still in full swing, high school seniors across the country are gearing up to start their next chapter. Yet in our hometown of Milwaukee, only 9 percent of students will earn both high school and college diplomas,1 and only 14 percent of high school graduates will earn a two- or four-year degree.2 We want to see those numbers improve.Nine students have been newly selected for...

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Optima Tax Relief Wins Three Stevie Awards for Excellence in Customer Service
Banking & Financial ServicesAwards

Optima Tax Relief Wins Three Stevie Awards for Excellence in Customer Service

June 12, 2024 9:00 AM

Recognition for the Fifth Consecutive Year Highlights Firm's Ongoing Commitment to Service ExcellenceSANTA ANA, CA / ACCESSWIRE / June 12, 2024 / Optima Tax Relief is proud to announce that it has been honored with three prestigious Stevie® Awards, showcasing its commitment to delivering exceptional customer service in the financial services sector. The awards include the Silver Award for Customer Service Department of the Year, the Bronze Award...

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Grasshopper Named Banking Tech Awards USA Winner for Second Consecutive Year
Banking & Financial ServicesCompany Update

Grasshopper Named Banking Tech Awards USA Winner for Second Consecutive Year

June 12, 2024 9:00 AM

Grasshopper, the client-first digital bank built for the business and innovation economy, has been named the Best Use of Tech in Business Banking awardee at the Banking Tech Awards USA by Informa - recognizing its Banking-as-a-Service (BaaS) platform and leading digital solutions built for financial technology (fintech), startup and small-and medium-sized business (SMB) clients for the second consecutive year.The annual program honors the...

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MrBizCap Transforms Business Financing With Fast, Flexible Funding Solutions
Banking & Financial ServicesFinancing

MrBizCap Transforms Business Financing With Fast, Flexible Funding Solutions

June 12, 2024 9:00 AM

Partnering with Over 15 Lenders, MrBizCap Delivers Tailored Financial Solutions.BERLIN, CT / ACCESSWIRE / June 12, 2024 / MrBizCap, a leading innovator in business financing, is proud to announce its latest suite of funding solutions designed to empower small to medium-sized enterprises (SMEs) across the United States. With a commitment to providing fast, flexible, and reliable financial support, MrBizCap is transforming how businesses access...

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SumUp Outlines Initiatives to Avoid Burnout When Working at a Start-Up
Banking & Financial ServicesDiversity, Equity and Inclusion

SumUp Outlines Initiatives to Avoid Burnout When Working at a Start-Up

June 12, 2024 8:00 AM

Felizitas Lichtenberg, Global Head of Diversity and Inclusion at SumUp, outlines steps and measures that can be taken to minimize the risks of having burnoutBOULDER, CO / ACCESSWIRE / June 12, 2024 / As workers begin to return to the office and businesses start their slow return to pre-pandemic norms, employee burnout has re-emerged as a significant issue globally. According to the 2024 Global Talent Trends, a report published by Mercer, 82% of...

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StratGem-AI Announces Filing of Provisional Patent Application for Groundbreaking AI-Powered Technical Accounting Memoranda Module
Banking & Financial ServicesCompany Update

StratGem-AI Announces Filing of Provisional Patent Application for Groundbreaking AI-Powered Technical Accounting Memoranda Module

June 11, 2024 6:30 PM

StratGem-AI, a C.P.A.-founded firm specializing in enterprise accounting solutions, announced it has filed a provisional patent application with the United States Patent Office, achieving patent-pending status as of May 30, 2024, for its advanced Technical Accounting Memoranda Module. Acting as an "Intelligent Assistant," this breakthrough innovation harnesses the power of natural language processing (NLP), optical character recognition (OCR),...

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Mark Jundt, Dan Philp to serve as Co-Chief Executive Officers of Lendway, Inc.
Banking & Financial ServicesManagement Changes

Mark Jundt, Dan Philp to serve as Co-Chief Executive Officers of Lendway, Inc.

June 11, 2024 5:16 PM

MINNEAPOLIS, MN / ACCESSWIRE / June 11, 2024 / Lendway, Inc. (NASDAQ:LDWY) ("Lendway"), a leading specialty ag and finance company (www.lendway.com), today announced the appointments of Mark R. Jundt and Daniel C. Philp as Co-Chief Executive Officers effective July 1, 2024."We are pleased that Mark and Dan have agreed to step into the Co-CEO role" said Nick Swenson, a Board member and representative of a group of Lendway stockholders. "Bloomia,...

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Paula Fidanza Honored With 'Inspiring Leader Award' By Orange Bank & Trust and Hudson Valley Investment Advisors
Banking & Financial ServicesAwards

Paula Fidanza Honored With 'Inspiring Leader Award' By Orange Bank & Trust and Hudson Valley Investment Advisors

June 11, 2024 4:47 PM

A gathering of the Mid-Hudson Valley business community's elite took place on Tuesday, June 4, at The Barn at Villa Venezia in Middletown as Paula Fidanza, owner, C'est La Vie Spa & Salon and partner, Fidanza Family Properties, was presented with the 2024 WGW Inspiring Leader Award.The award was presented by Orange Bank & Trust Company and Hudson Valley Investment Advisors as part of their 'Women Guiding Women' (WGW) initiative, aimed at...

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abrdn Asia-Pacific Income Fund VCC  Announces Monthly Distribution
Banking & Financial ServicesDividends

abrdn Asia-Pacific Income Fund VCC Announces Monthly Distribution

June 11, 2024 4:37 PM

ANNOUNCES MONTHLY DISTRIBUTIONTORONTO, ON / ACCESSWIRE / June 11, 2024 / abrdn Asia-Pacific Income Investment Fund VCC (TSX:FAP) (UEN:T21VC0235H) (the "Company"), a closed-end investment company trading on the Toronto Stock Exchange, announced today that it will pay a monthly distribution of CAD 1.75 cents per share on June 28, 2024 to all shareholders of record as of June 21, 2024 (ex-dividend date June 21, 2024).The policy of the Company's...

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abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend
Banking & Financial ServicesDividends

abrdn Income Credit Strategies Fund 5.25% Series A Perpetual Preferred Shares Declare Quarterly Dividend

June 11, 2024 4:24 PM

The Board of Trustees of abrdn Income Credit Strategies Fund (the "Fund"), has declared a cash distribution of $0.328125 per share of the Fund's 5.250% Series A Perpetual Preferred Shares (NYSE:ACP PRA) ("Series A Preferred Shares"). The distribution is payable on July 1, 2024, to holders of Series A Preferred Shares of record on June 21, 2024 (ex-dividend date June 21, 2024).The Series A Preferred Shares trade on the NYSE under the symbol "ACP...

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abrdn U.S. Closed-End Funds Announce Distribution Payment Details
Banking & Financial ServicesDividends

abrdn U.S. Closed-End Funds Announce Distribution Payment Details

June 11, 2024 4:17 PM

The following abrdn U.S. Closed-End Funds (NYSE:ACP, AGD, AOD, ASGI, AWP, THQ, THW and NYSE American:AEF, FAX, FCO, VFL), announced today that the closed end funds in the chart directly below will pay the distributions indicated on a per share basis on June 28, 2024 to all shareholders of record as of June 21, 2024 (ex-dividend date June 21, 2024).TickerExchangeFundAmountACPNYSEabrdn Income Credit Strategies Fund$ 0.1000AEFNYSE AmericanAbrdn...

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Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share
Banking & Financial ServicesDividends

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.1175 Per Share

June 11, 2024 4:15 PM

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced today the declaration of its distribution for the month of June 2024 of $0.1175 per common share, payable as noted below.The following dates apply to the declared distribution:Ex-Date: June 21, 2024Record Date: June 21, 2024Payable Date: June 28, 2024Per Share Amount: $0.1175Based on the Fund's current share price of $14.62 (as of its close on June 10, 2024), the...

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Lendistry Recognized for Providing $23.3 Million to 15 Marginalized Businesses With Small Business Loan Fund
Banking & Financial ServicesFinancing

Lendistry Recognized for Providing $23.3 Million to 15 Marginalized Businesses With Small Business Loan Fund

June 11, 2024 12:00 PM

The fund, capitalized in part by the fintech's New Markets Tax Credits (NMTC) allocation, won the fintech its second QLICI of the Year Award from NovogradacLOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / Lendistry announces today that it has received the Qualified Low-Income Community Investment (QLICI) of the Year Award from Novogradac in the Small Business category. Specifically, the lender won the award for its NMTC Loan Fund I ("Small...

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Webster Bank’s Pan Asian Collective Celebrates AAPI Month With
Banking & Financial ServicesDiversity, Equity and Inclusion

Webster Bank’s Pan Asian Collective Celebrates AAPI Month With "Passport To Pan Asia" Events

June 11, 2024 10:45 AM

STAMFORD, CT / ACCESSWIRE / June 11, 2024 / Webster's Pan Asian Collective proudly celebrated AAPI month with company-wide events like "Passport to Pan Asia" to honor and create awareness of the different Pan Asian cultures. Many thanks to our Business Resource Group Co-Chairs for organizing so many opportunities for our colleagues to learn and participate!About Webster Webster Bank ("Webster") is a leading commercial bank in the Northeast that...

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NOVUS INK Advisors and Solidus Capital Group Team-up to Serve Growing Transatlantic Commercial Interests of Mid-Market Enterprises
Banking & Financial ServicesCompany Update

NOVUS INK Advisors and Solidus Capital Group Team-up to Serve Growing Transatlantic Commercial Interests of Mid-Market Enterprises

June 11, 2024 10:00 AM

MIAMI, FL and NEW YORK, NY / ACCESSWIRE / June 11, 2024 / NOVUS INK Advisors and Solidus Capital Group signed a services agreement today to provide integrated senior advisory and execution services to small-and mid-market enterprises amid thriving commercial interests between the United States and Europe.The two firms aim to accelerate client services by combining expertise and resources to support growth into new markets, encompassing...

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Stratyfy Reveals its Machine Learning Technology Helps Lenders Identify Nearly Double the Creditworthy Customers
Banking & Financial ServicesCompany Update

Stratyfy Reveals its Machine Learning Technology Helps Lenders Identify Nearly Double the Creditworthy Customers

June 11, 2024 9:00 AM

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / Stratyfy, a women-led fintech confronting bias in AI and optimizing credit risk decisions with transparent machine learning solutions, today released the findings of a recent study comparing their proprietary technology with traditional, data-driven approaches that small to midsize banks traditionally deploy.The results indicate that Stratyfy's proprietary technology - specifically, its Probabilistic...

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Transforming Urban Living: ALMA Expansion - The Future for Students and Urban Dwellers
Banking & Financial ServicesCompany Update

Transforming Urban Living: ALMA Expansion - The Future for Students and Urban Dwellers

June 11, 2024 9:00 AM

Forum Asset Management ("Forum") expands its urban lifestyle brand ALMA, created by the award-winning international design studio, DesignAgency. ALMA embodies a forward-thinking approach to urban living, prioritizing thoughtful design, sustainability, and inclusive community values for residents.Urban dwellers and students should live in places they love, where everything they need is accessible. Surrounded by people who share their values -...

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AB Celebrates Pride Month
Banking & Financial ServicesDiversity, Equity and Inclusion

AB Celebrates Pride Month

June 11, 2024 8:15 AM

As PRIDE month begins, AllianceBernstein is proud to honor our LGBTQ+ community and allies. Our Employee Resource Group, ABOut, will hold informative and inclusive events throughout the month. Join us throughout the month of June as we celebrate AB Love Out Loud.AllianceBernsteinAllianceBernstein (AB) is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private...

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OLB Group Chairman and CEO Issues Open Letter to Shareholders
Banking & Financial ServicesCompany Update

OLB Group Chairman and CEO Issues Open Letter to Shareholders

June 11, 2024 8:00 AM

NEW YORK, NY / ACCESSWIRE / June 11, 2024 / The OLB Group, Inc., (NASDAQ:OLB) , a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, issued an open Letter to Shareholders from Chairman and CEO of OLB Group, Ronny Yakov, providing a review of a challenging 2023 and anticipated milestones for 2024.Dear Shareholders,Starting on a positive note, our revenues going forward will reflect business from the...

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Soy Innovation Challenge Winner Aims To Advance Sustainability in Beef Production
Banking & Financial ServicesEnvironmental, Social and Governance

Soy Innovation Challenge Winner Aims To Advance Sustainability in Beef Production

June 10, 2024 4:30 PM

Clean Label Solution is making a meaty breakthrough in sustainability for the cattle industry.The Ithaca, New York-based startup is trialing a new cattle feed product that could dramatically improve digestibility of soy-based feed for cattle. Trial results to date have been promising, with cattle providing increased milk and meat production along with, importantly, lower methane emissions. At the same time, the soy-based feed could additionally...

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