Professional Services News

RESTON, Va.--(BUSINESS WIRE)--Nacha today announced that Phixius by Nacha has been awarded the 2025 winner for Best Innovation in Technology and Integration by Datos Insights. The recognition highlights Phixius’ role in providing a secure, API-based account validation solution that streamlines access to multiple data providers through a single integration point. Launched in 2021, the platform has already demonstrated significant impact. To date, Phixius has processed more than 10 million valida...

OTTAWA, Ontario--(BUSINESS WIRE)--BioTalent Canada, the national non-profit dedicated to strengthening Canada’s bio-economy workforce, has been named a 2025 Employer of Choice by Canadian HR Reporter (CHRR). This marks the first time BioTalent Canada has received this distinction, underscoring its commitment to building an inclusive, supportive and high-performing workplace that reflects the standards it advances across the country’s bio-economy. “Earning this recognition affirms what has long...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Jefferies Financial Group Inc. (“Jefferies” or the “Company”) (NYSE: JEF) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON JEFFERIES FINANCIAL GROUP INC. (JEF), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Wh...

OLDWICK, N.J.--(BUSINESS WIRE)--Despite progress on sweeping reforms to its insurance regulations, Argentina remains a volatile environment for insurers due to high inflation, currency depreciation and investment uncertainty, which pressures solvency ratios and complicates capital management, according to a new AM Best commentary. Argentina’s insurance segment is undergoing a substantial regulatory overhaul aimed at enhancing solvency, transparency and market oversight. In 2024 and 2025, the Su...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Constitution Insurance Company (Constitution) (Cambridge, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Constitution’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ER...

OKLAHOMA CITY--(BUSINESS WIRE)--The National Duals Invitational, a groundbreaking $1 million collegiate wrestling event sponsored by Paycom, is adding another twist to its opening day with $50,000 of team takedown bonuses designed to reward aggressive starts and teamwide intensity. The marquee tournament takes place Nov. 15-16 at the BOK Center in Tulsa. Teams will compete for five separate $10,000 bonuses, awarded during each first-day session to the squad with the fastest average takedown tim...

BOSTON--(BUSINESS WIRE)--Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) and Eaton Vance Limited Duration Income Fund (NYSE American: EVV) (each a “Fund” and, together, the “Funds”) announced that, effective October 17, 2025, each Fund will revise its principal investment strategies to: (i) remove the Fund’s 25% minimum investment requirement in each of the Fund’s stated investment categories; (ii) remove the Fund’s current weighted average credit quality restriction; and, for EV...

SINGAPORE--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (Singapore) Pte. Ltd. (CTPIS) (Singapore). The outlook of these Credit Ratings (ratings) is stable. CTPIS is a wholly owned subsidiary of China Taiping Insurance Holdings Company Limited, which is ultimately majority owned by China Taiping Insurance Group Ltd. (TPG), a China state-owned financial and insurance group....

SALEM, Ore.--(BUSINESS WIRE)--Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, reported third quarter 2025 net income of $1.1 million, or $0.46 per share, up from $719,000, or $0.29 per share, in the prior quarter. The Company’s return on average assets and return on average equity for the third quarter were 1.0% and 6.1%, respectively. Net interest margin improved to 3.8%, compared to 3.7% in the previous quarter. The balance sheet remained relatively consistent du...

SALT LAKE CITY--(BUSINESS WIRE)--WebBank is pleased to announce the appointment of Philip Gitler as Senior Vice President – Head of Lender Finance. In this capacity, Mr. Gitler will be responsible for overseeing and growing the Bank’s asset-backed lending business. Under Phil’s leadership, the Lender Finance team will focus on providing debt capital to fintech / specialty finance companies and asset-backed private credit fund managers. The team will initially specialize in asset-backed warehous...