Dun & Bradstreet

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

Retrieved on: 
Tuesday, March 12, 2024

ORLANDO, Fla., March 12, 2024 /PRNewswire/ -- Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology. The first-of-its-kind, patent-pending platform, fundamentally changes how enterprises underwrite the financial credit worth of small and medium-sized businesses (SMBs), expanding access to more customers, decreasing risk, increasing data transparency, and fueling economic growth. Worth AI enables banks, credit unions, fintechs, and financial service providers to rapidly accelerate approvals for business loans, financial services, and lines of credit with a single business credit score. 

Key Points: 
  • Worth AI enables banks, credit unions, fintechs, and financial service providers to rapidly accelerate approvals for business loans, financial services, and lines of credit with a single business credit score.
  • The Worth AI, data-driven platform predicts business financial futures, reduces risks, and eliminates biases with real-time data.
  • The Worth AI platform enhances the efficiency of financial service providers, creates equal access to capital for small businesses and fosters economic growth for all."
  • Worth AI's seasoned leadership team, led by fintech veterans, Sal Rehmetullah, and Suneera Madhani, aims to innovate and disrupt the financial credit system.

Wellesley Hills Financial Announces Transformational Expansion

Retrieved on: 
Thursday, February 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240229574200/en/
    Eddie Galvan, Ivan Martinez & David Gutterman (Photo: Wellesley Hills Financial)
    Galvan is a seasoned fintech professional and advisor for fintech, payments, and tech-enabled businesses, specializing in mergers and acquisitions, corporate strategy, and finance.
  • Wellesley Hills Financial is also onboarding a banking team in mainland Europe for EU and UK coverage.
  • This expansion is a transformational event for our firm.”
    Focused on accelerated growth, Wellesley Hills Financial also announced the establishment of its first class of Executive Advisors, a duo of industry heavyweights which will help expand the firm’s exposure, further attest to its credibility, and unlock new business opportunities.
  • Rawls, Partner and Executive Director of Wellesley Hills Financial.

Folloze Launches Website Engager, Transforming the Traditional Website Visit into a Personalized High-Value Touchpoint for B2B Demand Generation

Retrieved on: 
Thursday, February 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240229440046/en/
    Transform the traditional website visit into a personalized, high-value touchpoint.
  • Folloze Website Engager toolkit was designed for this purpose, helping sites come to life, fully serving the needs and wishes of target audiences.
  • Folloze Website Engager unlocks personalized and meaningful website engagements that keep buyers in the moment and moving forward in their journey.
  • Additionally, Folloze reporting features make it easy to review engagement and conversion metrics captured by Folloze Website Engager.

Customer Data Platform Market worth $28.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 8, 2024

The system integration & deployment segment of the Customer Data Platform (CDP) market is growing rapidly.

Key Points: 
  • The system integration & deployment segment of the Customer Data Platform (CDP) market is growing rapidly.
  • CDPs can help streamline marketing efforts by providing a single platform for managing customer data and executing campaigns.
  • Asia Pacific is witnessing significant growth in the Customer Data Platform (CDP) market.
  • Customer Data Platform Market Advantages:
    Customer relationship platforms (CDPs) offer businesses a comprehensive picture of customer interactions, behaviours, and preferences across channels and touchpoints by combining and unifying customer data from several sources into a single, centralised platform.

Customer Data Platform Market worth $28.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 8, 2024

The system integration & deployment segment of the Customer Data Platform (CDP) market is growing rapidly.

Key Points: 
  • The system integration & deployment segment of the Customer Data Platform (CDP) market is growing rapidly.
  • CDPs can help streamline marketing efforts by providing a single platform for managing customer data and executing campaigns.
  • Asia Pacific is witnessing significant growth in the Customer Data Platform (CDP) market.
  • Customer Data Platform Market Advantages:
    Customer relationship platforms (CDPs) offer businesses a comprehensive picture of customer interactions, behaviours, and preferences across channels and touchpoints by combining and unifying customer data from several sources into a single, centralised platform.

The Hackett Group: New Customer-to-Cash Receivables Creation Research Highlights the Ability of Top-rated Software Providers to Deliver Greater Value Realization

Retrieved on: 
Monday, February 19, 2024

The research found that leaders deliver far greater value and breadth of capabilities than other software providers, which translated to exceptionally high customer satisfaction.

Key Points: 
  • The research found that leaders deliver far greater value and breadth of capabilities than other software providers, which translated to exceptionally high customer satisfaction.
  • The research found that higher-rated software providers in this category offer clients dramatically greater value realization.
  • The Hackett Group’s research recognized software providers in three separate process categories: credit management, order management and customer billing.
  • Both of these software providers were also ranked as Digital World Class in a separate 2023 Digital World Class Matrix that analyzed and ranked nine leading C2C receivables management software providers.

Dun & Bradstreet Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 15, 2024

Dun & Bradstreet Holdings, Inc. (NYSE: DNB), a leading global provider of business decisioning data and analytics, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Dun & Bradstreet Holdings, Inc. (NYSE: DNB), a leading global provider of business decisioning data and analytics, today announced unaudited financial results for the fourth quarter and year ended December 31, 2023.
  • Adjusted EBITDA for the fourth quarter of 2023 was $260.6 million, an increase of 4.0% compared to the prior year quarter.
  • For the fourth quarter of 2023, North America revenue was $456.8 million, an increase of $21.9 million or 5.0% compared to the fourth quarter of 2022.
  • Dun & Bradstreet will host a conference call to discuss the fourth quarter and full year 2023 financial results on February 15, 2024 at 8:30am ET.

TalentNeuron Accelerates Innovation Strategy with Expanded Leadership Team

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK, Feb. 13, 2024 /PRNewswire-PRWeb/ -- TalentNeuron, the leader in global labor market intelligence, is rapidly accelerating development of its cutting-edge talent solutions. The company today announced a realignment that consolidates key functions under a new executive leadership structure focused squarely on advancing innovation.

Key Points: 
  • The company today announced a realignment that consolidates key functions under a new executive leadership structure focused squarely on advancing innovation.
  • "In the past 12 months, TalentNeuron has significantly accelerated its pace of innovation to better serve organizations across the globe in navigating today's complex labor landscape," said Julie Peck, chief executive officer of TalentNeuron.
  • Sustaining and building on this momentum requires a newly aligned leadership team with a track record of transformational innovation and delivering world-class products at a rapid pace.
  • David Wilkins, who joined TalentNeuron in October, steps up to an expanded position as Chief Product and Marketing Officer.

Former Microsoft and Dell Executive and U.S. Army Veteran, Tim Solms, Joins Slingshot Aerospace as CEO

Retrieved on: 
Wednesday, February 7, 2024

Slingshot Aerospace, Inc. , a leader in satellite tracking, space traffic coordination, and space modeling and simulation, today announced it has appointed former Microsoft , Dell , VMware , and Dun & Bradstreet executive Tim Solms to the role of CEO.

Key Points: 
  • Slingshot Aerospace, Inc. , a leader in satellite tracking, space traffic coordination, and space modeling and simulation, today announced it has appointed former Microsoft , Dell , VMware , and Dun & Bradstreet executive Tim Solms to the role of CEO.
  • Solms is an 18-year United States Army veteran who also brings more than 20 years of executive leadership experience with a focus on optimizing businesses for growth and profitability.
  • As Slingshot’s CEO, Solms will focus on innovation, growth, and expansion within government and commercial markets, in the U.S. and internationally.
  • In July 2020, Solms aided in the successful re-listing of the company on the New York Stock Exchange.

Dun & Bradstreet Announces Refinancing of Term Loan and Revolving Credit Facilities

Retrieved on: 
Tuesday, January 30, 2024

Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today announced that its wholly-owned subsidiary, The Dun & Bradstreet Corporation, has successfully refinanced its Term Loan and Revolving Credit facilities.

Key Points: 
  • Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, today announced that its wholly-owned subsidiary, The Dun & Bradstreet Corporation, has successfully refinanced its Term Loan and Revolving Credit facilities.
  • The transaction took advantage of a favorable market issuance window and successfully repriced and extended maturities of the entire secured layer of its capital structure, approximately $4.0 billion.
  • Raised $2,652 million add-on to repriced Term Loan B-2, due 2029 at par and proceeds were used to repay existing initial Term Loans, resulting in a leverage neutral transaction
    Added additional 0.25% coupon step-down upon achieving Ba3/BB– Corporate Family Ratings from Moody’s and S&P, respectively, for the entire $3.1 billion term loan amount
    "By proactively capitalizing on the favorable debt market environment, we are very pleased with execution and closing of this refinancing,” said Bryan Hipsher, Chief Financial Officer of Dun & Bradstreet.
  • “We continue to focus on investing in organic growth acceleration and improving our leverage profile through enhanced profitability and the reduction of debt to drive long-term shareholder value.”
    Additional details on the terms of the amendment are available in the 8-K filed with the Securities and Exchange Commission on January 30, 2024.