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OpenFinity: The Premier Destination for Open Banking and Open Finance
Banking & Financial ServicesCompany Update

OpenFinity: The Premier Destination for Open Banking and Open Finance

May 20, 2024 8:00 AM

WASHINGTON, DC / ACCESSWIRE / May 20, 2024 / OpenFinity, the first community dedicated to helping financial services professionals navigate the open finance landscape through community-powered education and support, is excited to announce its official launch. Sponsored by FDX, and co-founded by Laurent Van Huffel and Laura Heritage, two distinguished experts in financial technology, OpenFinity aims to be the premier destination for financial...

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Aflac: 6 Common Myths About Supplemental Insurance
Banking & Financial ServicesCompany Update

Aflac: 6 Common Myths About Supplemental Insurance

May 18, 2024 10:00 AM

NEW YORK, NY / ACCESSWIRE / May 18, 2024 / Several myths and misconceptions exist that may have stopped people from considering supplemental insurance. Despite popular beliefs, these policies are often affordable, customizable, and easy to find a plan that makes sense to you. They can suit a variety of situations, from routine care to emergencies and extraordinary circumstances. This article will dispel six common myths surrounding supplemental...

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Real Estate Lender EBSC Lending Announced Today that It Has Arranged $76 Million Loan to Hillcrest Management
Banking & Financial ServicesFinancing

Real Estate Lender EBSC Lending Announced Today that It Has Arranged $76 Million Loan to Hillcrest Management

May 17, 2024 7:00 PM

Real estate lender EBSC Lending announced today that it has arranged $76 million loan to Hillcrest Management for the construction of a senior living development located in Carmichael, a suburb in the Greater Sacramento metro area. The ultra-luxury retirement community slated for completion in October 2025 has been designed to deliver a range of services rivaling that of a five-star hotel.Marketed for seniors with low- to moderate-income levels,...

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 Orange County Bancorp, Inc. Declares Cash Dividend
Banking & Financial ServicesDividends

Orange County Bancorp, Inc. Declares Cash Dividend

May 17, 2024 4:05 PM

On May 16, 2024, the Board of Directors of Orange County Bancorp, Inc., the parent company of Orange Bank & Trust Company and Hudson Valley Investment Advisors, Inc., declared a $0.23 cash dividend per share of its common stock. The dividend will be paid on June 14, 2024 to shareholders of record on June 4, 2024.About Orange County Bancorp Inc.Orange County Bancorp, Inc. is the parent company of Orange Bank & Trust Company and Hudson Valley...

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ThinkEquity, One of NYSE's Newest Member Firms, Announces Key New Hire
Banking & Financial ServicesCompany Update

ThinkEquity, One of NYSE's Newest Member Firms, Announces Key New Hire

May 17, 2024 3:00 PM

NEW YORK, NY / ACCESSWIRE / May 17, 2024 / ThinkEquity, a boutique investment bank created by experienced professionals that have worked together for over a decade collectively financing more than $50 billion of public and private capital raises, restructurings, and mergers and acquisitions, today announced the addition of Eric Rakusin to ThinkEquity's trading department as Senior Vice President of Institutional Sales Trading.Eric brings 20...

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Energy-to-Transport Disparity Heralds Unprecedented Chance to Unlock Growth: Africa Finance Corporation (AFC) State of Africa's Infrastructure Report
Banking & Financial ServicesCompany Update

Energy-to-Transport Disparity Heralds Unprecedented Chance to Unlock Growth: Africa Finance Corporation (AFC) State of Africa's Infrastructure Report

May 17, 2024 9:45 AM

Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the State of Africa's Infrastructure initiated by the Africa Finance Corporation (www.AfricaFC.org).The report highlights critical gaps in key sectors including power, transport, logistics, digital communications, and...

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How Data Will Help Cities Fight the Climate Crisis
Banking & Financial ServicesEnvironmental, Social and Governance

How Data Will Help Cities Fight the Climate Crisis

May 17, 2024 9:45 AM

Earth Day is a good opportunity to see how data and technology can improve sustainability.NORTHAMPTON, MA / ACCESSWIRE / May 17, 2024 / Mastercard Originally published by Fast CompanyBY KEN MOOREEven with Earth Day in the rearview mirror, it's still clear that the fight to counter the climate crisis will be won or lost in the world's cities-and the innovative use of emerging technologies is one of our most powerful tools.Cities occupy 3% of the...

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Best Dishes: Lessons in Leadership with Chef Jet Tila - a PNC AAPI Heritage Month Event
Banking & Financial ServicesEnvironmental, Social and Governance

Best Dishes: Lessons in Leadership with Chef Jet Tila - a PNC AAPI Heritage Month Event

May 17, 2024 9:30 AM

NORTHAMPTON, MA / ACCESSWIRE / May 17, 2024 / The PNC Financial Services GroupRegister NowBorn into the "first family" of Thai food in Los Angeles, California, Jet comes from a family of entrepreneurs who established the first Thai markets and restaurants in the country. As a teenager, Jet left town to make his own path and not follow in the footsteps of the family business. Along the way, he learned that teaching people about food is where he...

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Ittihad Announces Full Year 2023 Financial Results
Banking & Financial ServicesEarnings

Ittihad Announces Full Year 2023 Financial Results

May 17, 2024 7:00 AM

Ittihad International Investment LLC (Ittihad), the leading industrial conglomerate in the UAE, today announces its Full Year 2023 Financial Results.Financial HighlightsGroup Revenue of $2.8 billion (AED10.4 billion)Group Adjusted EBITDA* of $138.7 million (AED509.6 million)Successfully launched a 5NC2 debut Sukuk, raising $350 millionContinued focus on deleveraging the business, with gross debt leverage of 5.3x at year end (down from 6.0x as of...

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InterContinental Hotels Group PLC Announces Transaction in Own Shares – May 17
Banking & Financial ServicesRegulatory

InterContinental Hotels Group PLC Announces Transaction in Own Shares – May 17

May 17, 2024 2:00 AM

The Company announces that on 16 May 2024 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 3 May 2024 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 20 February 2024, as announced on 20 February...

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Taxlift's Innovative Approach to IRS Tax Debt Relief Establishes New Risk-Free Standard
Banking & Financial ServicesCompany Update

Taxlift's Innovative Approach to IRS Tax Debt Relief Establishes New Risk-Free Standard

May 16, 2024 9:00 PM

Taxlift, a pioneering tax debt resolution firm, is changing the game in how individuals and businesses tackle their IRS negotiations. With years of experience utilizing IRS programs like the Fresh Start Program, Taxlift has successfully reduced back taxes owed for countless clients. By combining advanced proprietary technology with expert services from attorneys, Certified Public Accountants, and Enrolled Agents, Taxlift offers a transparent and...

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abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders
Banking & Financial ServicesShareholder Meeting

abrdn U.S. Closed-End Funds Announce Results of Annual Meeting of Shareholders

May 16, 2024 7:35 PM

The following abrdn U.S. Closed-End Funds (NYSE:ACP),(NYSE:AGD),(NYSE:AOD),(NYSE:ASGI),(NYSE:AWP),(NYSE:IFN),(NYSE:JEQ) and (NYSE American:FAX),(NYSE American:FCO),(NYSE American:IAF) and (NYSE American:AEF) announced they each held their Annual Meeting of Shareholders (the "Meetings") on May 16, 2024. At the Meetings, shareholders of the respective Funds voted on the proposals set forth below:abrdn Asia-Pacific Income Fund, Inc. ("FAX")As of...

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First Capital Bancshares Announces Completion of $12 Million Private Placement
Banking & Financial ServicesCompany Update

First Capital Bancshares Announces Completion of $12 Million Private Placement

May 16, 2024 4:00 PM

CHARLESTON, SC / ACCESSWIRE / May 16, 2024 / First Capital Bancshares, Inc. ("First Capital"), parent company of First Capital Bank (the "Bank"), announced today the completion of a private placement of shares of its common stock to accredited individual and institutional investors. Due to the high level of interest in the offering, the First Capital Bancshares board of directors elected to increase the size of the offering from the original...

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ALKEME Acquires Axial Benefits Group
Banking & Financial ServicesMergers and Acquisitions

ALKEME Acquires Axial Benefits Group

May 16, 2024 1:45 PM

ALKEME expands benefits offering with strategic acquisition in MassachusettsLADERA RANCH, CA / ACCESSWIRE / May 16, 2024 / ALKEME, a Top 40 Insurance Brokerage, announced the acquisition of Axial Benefits Group, a benefits insurance agency based just outside of Boston, Massachusetts. Established in 2004, Axial has been creating healthcare purchasing coalitions, allowing companies to lower their healthcare costs by banding together.ALKEME...

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OMNICOMMANDER CISO, Roy Ross, recognized by the 2024 ONCON ICON Awards as one of the Top 50 Information Security Professionals Worldwide
Banking & Financial ServicesAwards

OMNICOMMANDER CISO, Roy Ross, recognized by the 2024 ONCON ICON Awards as one of the Top 50 Information Security Professionals Worldwide

May 16, 2024 11:45 AM

OMNICOMMANDER®, a leading provider of innovative digital solutions for small-to medium-sized financial institutions, is thrilled to announce that its Chief Information Security Officer (CISO), Roy Ross, has been honored with the prestigious 2024 ONCON ICON AWARDS, a highly respected accolade in the information security industry, as one of the Top 50 Information Security Professionals Worldwide.Roy Ross expressed his enthusiasm, stating, "I am...

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CSAA Insurance Group Strengthens Purchasing Strategy To Support Communities and the Environment
Banking & Financial ServicesEnvironmental, Social and Governance

CSAA Insurance Group Strengthens Purchasing Strategy To Support Communities and the Environment

May 16, 2024 11:15 AM

Refocused program now seeks sustainable as well as diverse suppliersNORTHAMPTON, MA / ACCESSWIRE / May 16, 2024 / Refocusing its strategy to increase purchasing from diverse and sustainable suppliers, CSAA Insurance Group, a AAA insurer, has launched a redesigned supplier program that adds sustainability goals while strengthening supplier diversity targets. The expanded Diverse & Sustainable Supplier Program grows CSAA's existing supplier...

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KeyBank Publishes 2023 Corporate Responsibility Report Highlighting Community Impact
Banking & Financial ServicesEnvironmental, Social and Governance

KeyBank Publishes 2023 Corporate Responsibility Report Highlighting Community Impact

May 16, 2024 9:15 AM

NORTHAMPTON, MA / ACCESSWIRE / May 16, 2024 / KeyBank recently published its 2023 Corporate Responsibility Report. The comprehensive report tells their story as a responsible corporate citizen and provides transparency about their performance and activities related to the sustainability and societal impact of their business and investments during the 2023 calendar year.​​​​​​​​​​​The report covers Key's commitment to advancing corporate...

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Xcyte Digital Corp. Releases
Banking & Financial ServicesCompany Update

Xcyte Digital Corp. Releases "Xperience" Subscription Service

May 16, 2024 9:00 AM

Xcyte Digital Corp. (TSXV:XCYT) ("Xcyte", or the "Company"), a spatial computing event technology aggregator and developer providing a high value, cost-effective, multi-platform event technology subscription service that powers physical, virtual, hybrid and immersive events and providing professional managed services for physical and hybrid events, announces "Xperience", Xcyte's new all-in-one subscription service. Xperience, the...

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Private Placement
Banking & Financial ServicesFinancing

Private Placement

May 16, 2024 8:30 AM

GreenBank Capital (CSE:GBC)(OTC PINK:GRNBF)(FRA:2TL) ("GreenBank" or the "Company") is pleased to update its shareholders on changes to the previously announced private placement announced 16th November 2023.Private PlacingThe company is planning to offer a non-brokered $1.250,000 private placement offering (the "Offering") of 25,000,000 units of the Company (each, a "Unit") at a price of $0.05 per Unit, each Unit being comprised of one common...

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Mill City Ventures III, Ltd. Reports 2024 First Quarter Results
Banking & Financial ServicesEarnings

Mill City Ventures III, Ltd. Reports 2024 First Quarter Results

May 16, 2024 7:30 AM

MINNEAPOLIS, MN / ACCESSWIRE / May 16, 2024 / Mill City Ventures III, Ltd. (NASDAQ:MCVT), a non-bank lender and specialty finance company, disclosed its revenue and net income for the quarter ended March 31, 2024 with the filing of its quarterly report on Form 10-Q on Wednesday, May 15, 2024. The filing reported that:Interest income from lending operations remained relatively flat at $832,667 compared to $864,028 for the year ago period;Pre-tax...

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