Wells Fargo & Company Declares Cash Dividends on Preferred Stock
Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000…
Ninth Wave Enables Banks to Monetize Open Finance Data Sharing
Ninth Wave, a leading provider of open finance connectivity solutions, announced the launch of its next-generation Ninth Wave Portal, used along with its open finance direct connection platform. The Portal closely monitors and measures all aspects of open finance data,…
American Business Bank Announces Completion of Stock Repurchase Program
AMERICAN BUSINESS BANK (OTCQX: AMBZ) (the “Bank”) today announced the completion of its stock repurchase program. Under the plan, the Bank repurchased 227,541 shares, or approximately 2.5%, of its then outstanding common stock. The shares were repurchased by the Bank at…
AssetLink Secures Groundbreaking Patent for AI-Driven Financial Matchmaking
AssetLink, the AI-powered distribution platform for asset managers and RIAs, today announced the issuance of a U.S. patent protecting its groundbreaking proprietary AI systems and methods. This patent fundamentally transforms business development by automatically correlating billions of structured and unstructured…
MNET Joins the 8×8 Technology Partner Ecosystem to Deliver Real-Time, Secure CX for Financial Services
8×8, Inc. (NASDAQ: EGHT), the industry’s most integrated platform provider for customer experience (CX), welcomes MNET to the SellWith8 tier of the 8×8 Technology Partner Ecosystem. This new partnership brings MNET’s CoreAccess+ middleware to the 8×8 Platform for CX, including 8×8 Contact Center and 8×8 Intelligent…
KBRA Assigns Preliminary Ratings to BasePoint MCA Securitization II LLC, Series 2025-1
KBRA assigns preliminary ratings to notes issued by BasePoint MCA Securitization II LLC (the “Issuer”). BasePoint MCA Securitization II LLC will issue three classes of Series 2025-1 Notes totaling $102 million. BasePoint Capital LLC (“BasePoint” or the “Company”), a wholly-owned…
ThetaRay Report: 84% of Consumers Would Change Banks Over Financial Crime Concerns
ThetaRay, a global leader in Cognitive AI financial crime compliance, released its U.S. Banking & Fintech Trust Report 2025, offering new insights into consumer attitudes toward anti-money laundering (AML) practices. The report reveals that 84% of consumers would switch banks if…
When access isn’t enough: Stigma keeps half of American workers from utilizing mental health benefits
Employers say the well-being of their employees is a priority — and many invest in employee assistance programs (EAPs) — yet many workers still don’t seek the support they need due to stigma and confidentiality concerns, according to a new…
Maggie Anderson Joins JLL Partners as an Operating Partner
JLL Partners, LLC (“JLL” or the “Firm”), a New York-based middle market private equity firm focused on investing in businesses in the healthcare, aerospace and defense, and business services sectors, today announced that Maggie Anderson has joined the Firm as…
Tampa Bay Lightning Select Global Payments as Their Payments Provider
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that the National Hockey League’s Tampa Bay Lightning has selected it as payments provider for food and beverage, retail and ticketing, including for…
Ant International Partners with ADIO, Receives UAE Central Bank IPA to Advance Digitalisation and Fintech
Ant International, a leading global digital payment, digitisation and financial technology provider, today announces two milestones that mark a significant step forward for its business expansion in the United Arab Emirates (UAE). It has signed a Memorandum of Understanding (MoU)…
MeridianLink to Be Acquired by Centerbridge Partners for $2.0 Billion
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that it has entered into a definitive agreement to be acquired by funds advised by affiliates of Centerbridge Partners, L.P.…