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Pagaya Announces New $500 Million Personal Loan ABS Transaction, Underscoring Strong Demand
NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2025-8, a $500 million asset-backed securitization (ABS) backed by consumer loans originated on the Pagaya network. The AAA-rated transaction brings Pagaya’s total amount raised via ABS to fund personal loans year-to-date to approximately $5.4 billion. This is the eighth...
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Acorn Group Leverages Clearspeed Voice Technology to Settle Insurance Claims Faster
LONDON & SAN DIEGO--(BUSINESS WIRE)--Clearspeed, the global leader in voice-based risk assessment, today announced a partnership with Acorn Group, one of the UK's leading non-standard providers of car, van, taxi and household insurance. The collaboration integrates Clearspeed's proprietary voice technology into Acorn's processes to give policyholders a path to fast-track their cases, allowing legitimate claimants to receive payments faster, prioritizing them over fraudsters. Acorn has implement...
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Sidus Space Announces Successful Bus-Level Commissioning of Hybrid 3D Printed, AI Enhanced LizzieSat-3
CAPE CANAVERAL, Fla.--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU) (“Sidus” or the “Company”), an innovative space and defense technology company, today announced the successful bus-level commissioning of its LizzieSat-3 (LS-3) spacecraft. This milestone marks another significant step forward in the Company’s mission to deliver high-value space-based data, integrated sensor solutions, and autonomous on-orbit computing to government and commercial customers. Following its deployment earlier this...
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Hazeltree Finds Consumer Shorts Hit New Highs; Software & Services Back in the Crosshairs
NEW YORK & LONDON--(BUSINESS WIRE)--Global markets posted mixed performance in November, marked by shifting supply chains, evolving investor sentiment toward AI and growth technology, and widening divergence between U.S. and non-U.S. equities. Against this backdrop, short sellers continued to concentrate on consumer names worldwide—particularly across EMEA—while Software & Services also drew significant U.S. short-selling activity, according to Hazeltree, a leading provider of integrated tr...
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Second Annual Qlik Holiday Shopping Survey: 83% of Holiday Shoppers Cut Back as Inflation Looms With Gen Z Driving the Shift to Budget-Friendly Alternatives and Thrifted Gifts
PHILADELPHIA--(BUSINESS WIRE)--Qlik’s second annual holiday shopping survey reveals consumers are making changes to their retail plans to address economic realities....
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CSG Xponent Sweeps Up Top-Tier Analyst, Industry Recognition for Customer Journey Management, Analytics
DENVER--(BUSINESS WIRE)--Customer engagement platform CSG Xponent earns top analyst and award recognition for customer journey management, analytics and personalization....
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OFS Credit Company Announces Financial Results for the Fourth Fiscal Quarter 2025
CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI) (“OFS Credit,” the “Company,” “we,” “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced its financial results for the fiscal quarter ended October 31, 2025. FOURTH QUARTER HIGHLIGHTS Net investment income (“NII”) of $6.2 million, or $0.22 per common share, for the fiscal quarter ended October 31, 2025. This compares to NII of $6.1 milli...
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Saudi Arabia’s General Authority of Civil Aviation Advances Archer’s Pathway for Electric Air Taxi Deployment
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Saudi Arabia’s General Authority of Civil Aviation (GACA), today announced the signing of an agreement with Archer Aviation (NYSE: ACHR) under which the parties will collaborate to accelerate the deployment of electric air taxis across the Kingdom. Under this collaboration, GACA and Archer plan to work to establish a regulatory pathway for the introduction and scale-up of eVTOL air taxi operations in the Kingdom. This framework is planned to align with the...
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Concurrent Achieves 50% Growth in 2025, Increasing AUM from $10B to Over $15B
TAMPA, Fla.--(BUSINESS WIRE)--Concurrent Investment Advisors, LLC (“Concurrent”), a multi-custodial, hybrid registered investment adviser, closes out 2025 with an impressive 50% growth trajectory. The rapid momentum is the result of the firm’s unique partnership model that prioritizes advisor growth, independence, and operational support. In the fourth quarter, Concurrent added three new advisors to its network: Joseph D’Anniballe and Sean Houston from 1858 Wealth Management, as well as Paul Gu...
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Vantage Corp’s Subsidiary Enters into Sales and Purchase Agreements to Acquire Three Shipbroking Firms and Provides Update on Share Repurchase Program
SINGAPORE--(BUSINESS WIRE)--Vantage Corp (NYSE American: VNTG) (“Vantage” or the “Company”), a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, today announced that its wholly owned holding subsidiary, Vantage (BVI) Corporation, has entered into three separate Sales and Purchase Agreements (“SPAs”) to acquire 100% of the issued share capital of PJ Marine Singapore Pte. Ltd. (“PJ Singapore”), 60% of the issued sh...