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Western & Southern Financial Group Acquires Till Financial, Expanding into Digital Family Banking Services and Investing in the Next Generation

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CINCINNATI, April 27, 2026 /PRNewswire/ — Western & Southern Financial Group, a leading financial services company serving more than six million customers with insurance, retirement and investment solutions, today announced the acquisition of Till Financial, the fintech platform redefining how families raise financially capable kids. The transaction represents a significant strategic investment and marks a defining step in the company’s expansion into digital family banking solutions.

The acquisition delivers a proven platform to the millions of families Western & Southern already serves and accelerates the company’s direct-to-consumer strategy. Building on its 2018 acquisition of Gerber Life Insurance Company and subsequent addition of Fabric Technologies in 2022 – now branded Fabric by Gerber Life and home to the Plan Like a Parent™ platform – Till reinforces Western & Southern’s commitment to supporting families from early childhood through young adulthood.

“Families today need more than products – they need practical, modern solutions that help build financial confidence in an increasingly digital world,” said John F. Barrett, chairman, president and chief executive officer of Western & Southern Financial Group. “By pairing our strength and stability with Till’s innovative platform, we are deepening our commitment to serve families along life’s journey and helping the next generation build financial foundations for life.”

Family banking is an emerging category within consumer finance, and Till brings deep expertise across consumer fintech, product design, and payments infrastructure, with a dedicated focus on family banking since its founding in 2018. The platform delivers a collaborative family-centered experience through the Till app and debit card, featuring parental controls, automated allowances, shared savings goals, and security and fraud protection.

“We’ve spent years building Till into a platform families and partners truly rely on, and choosing the right partner for our next chapter was one of the most important decisions we could make,” said Taylor Burton, founder and chief executive officer of Till Financial. “What drew us to Western & Southern is that they think in generations, which is exactly how families think about raising kids. Together, we have a rare opportunity to help raise a generation that is better prepared for their financial futures.”

The acquisition meaningfully diversifies Western & Southern’s portfolio beyond traditional insurance and financial products and advances the company’s vision of delivering integrated financial wellness solutions across every life stage.

Willkie Farr & Gallagher LLP provided legal counsel to Western & Southern. Till Financial was represented by Citizens Financial Group, Inc. and legal counsel was provided by Goodwin Procter LLP. Terms of the deal were not disclosed.

About Western & Southern Financial Group

Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, Western & Southern Financial Group, Inc., is No. 310 on the Fortune 500® and the parent company of a group of diversified financial services businesses. It serves 6.3 million customers — individuals, families, businesses, foundations and nonprofits — with a wide range of insurance, investment and retirement solutions through an ever-growing distribution system. Assets owned ($90.0 billion) and managed ($42.3 billion) totaled $132.3 billion as of March 31, 2026.1 Western & Southern is one of the strongest life insurance groups in the world, with seven life insurance subsidiaries that maintain very strong financial strength ratings. For more information, visit westernsouthern.com.

1 The financial information presented here is preliminary and unaudited.
Review our current financial ratings.
From Fortune ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 500 are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine and Fortune Media (USA) Corporation are not affiliated with, and do not endorse products or services of, Western & Southern Financial Group.

About Till Financial

Founded in 2018, Till Financial is a leading family banking platform helping families raise smarter spenders. Built around a collaborative family experience, parents get the tools to guide spending, saving, and earning, while kids get hands-on practice making real financial decisions. Till serves families nationwide through partnerships with organizations in student travel, youth sports, and other family-focused categories. Till is a financial technology company, not a bank. Banking services provided by Coastal Community Bank, Member FDIC. Learn more at tillfinancial.com.

Contact:
Pete Schramm
Western & Southern Financial Group
513-419-2712
pete.schramm@westernsouthern.com

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SOURCE Western & Southern Financial Group

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Wenge AI launches enterprise decision AI seminar series in Shenzhen

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SHENZHEN, China, Oct. 23, 2026 /PRNewswire/ — Wenge AI brought together more than 50 academics, industry experts and business leaders from the Greater Bay Area for the first session of its seminar series on putting decision AI into practice in enterprises. Participants explored how AI is being applied to management decisions, risk anticipation and business analysis.

Decision-making becomes a new frontier for AI

In his opening remarks, Professor Liu Min, a director at The Chinese University of Hong Kong (CUHK) Business School, said AI was rewriting the fundamental rules of business competition. Managers should test its effectiveness in real operating environments rather than simply observe its development, he said. He welcomed Wenge AI’s sustained investment in decision AI and expressed hope that Chinese AI companies would translate their technological capabilities into productivity gains for society.

Hang Tian, director of CUHK’s Asian Institute of Supply Chains & Logistics, outlined the institute’s latest AI research. He said the institute had long used AI to translate research into practical applications. A macro-event analysis system developed by his team is supporting the deployment of logistics agents for warehousing, transport capacity and compliance. He looked forward to working with Wenge AI to support Chinese companies expanding overseas and using AI to strengthen the real economy, turning research findings into workflows that businesses can put into operation.

Wenge AI chairman Wang Lei said general-purpose large language models still faced limitations in enterprise decisions involving multiple stakeholders, complex reasoning and rapidly changing conditions. Decision AI would move beyond answering questions to simulating future scenarios, he said. Wenge AI has built the Decitron Decision Engine, which is the world’s first general-purpose large decision model, alongside its Decision Intelligence Platform (DIP) to support decision-making in real business operations.

Enterprises move from AI exploration to implementation

Xu Huansheng, vice-president of Meinian Health Group, spoke on “AI-driven transformation in the healthcare industry: decision-making, operations and growth”. He said AI was now essential for businesses. Markets would value companies for their future capabilities rather than pay a premium for past achievements.

Meinian Health Group has pursued an AI transformation since 2021, Xu Huansheng said. The quality of AI-assisted decisions depends on the completeness and continuity of data. In healthcare, AI can deliver meaningful insights when imaging data, blood test results, genetic data and other information are connected and accumulated consistently over time. Meinian has been progressively embedding AI capabilities into its day-to-day operations.

Wenge AI vice-president Zhang Xina presented the case of a Fortune Global 500 new energy company that previously spent several days manually reconciling tens of thousands of purchase orders. After adopting Wenge AI’s DIP and large decision model, the company created a digital twin of its procurement workflow using data from its enterprise resource planning (ERP) system. Materials planners now use a single consolidated view to complete the work in about 10 minutes each day.

The system also identifies the causes of delivery problems. When the company’s on-time delivery rate fell by about 25 percentage points month on month, the AI identified incomplete shipments after dispatch, rather than slow dispatch, as the root cause. One supplier was delivering an average of 83 days late.

Frank, a veteran chief information officer, shared an enterprise perspective in his presentation on “Best practices for enterprise AI agents”. His team initially invested in integrated AI appliances and an internal AI platform to improve efficiency, but employees sometimes found that using them created additional work. His company has now embedded an AI ontology into the sales, planning and materials modules of its ERP system. The system directly handles demand forecasting, anomaly detection and order processing, with audit trails to ensure traceability. He said AI’s value should be demonstrated through the redesign of real business workflows.

Embedding AI into enterprise decision-making requires effective data governance, process redesign and validation in real business operations. Wenge AI develops general-purpose large decision models and enterprise platforms to help businesses turn AI capabilities into tangible value.

 

View original content:https://www.prnewswire.com/apac/news-releases/wenge-ai-launches-enterprise-decision-ai-seminar-series-in-shenzhen-302917913.html

SOURCE Wenge AI

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Superteam Wheels Launches Premium Cycling Brand MATIC, Unveils Flagship S68 Carbon Wheelset

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Superteam Wheels is proud to announce MATIC, its new premium sub‑brand, alongside the debut of MATIC S68, its flagship one‑piece carbon wheel set. Marking Superteam Wheels’ strategic expansion into high‑end road cycling gear, MATIC targets performance‑driven cycling enthusiasts, amateur racers and hardcore riders.

Inspired by the suffix “‑MATIC”, meaning precise mechanical motion, MATIC centers on craftsmanship, speed and lightweight performance. Drawing on Superteam Wheels’ long‑standing manufacturing expertise, the brand sets new benchmarks for premium cycling components.

The MATIC S68 features a 68 mm rim depth, 28 mm outer width and 21 mm inner width. The wheelset weighs 1,348 grams in total, comprising a 632-gram front wheel and a 716-gram rear wheel. Both wheels use 16 spokes.

Unlike common split‑molded one‑piece wheels on the market, MATIC S68 adopts high‑difficulty one‑piece molding and hole‑less rim technology for superior riding integration. Tuned iteratively based on real‑world testing by pro riders, it delivers consistent, powerful race‑ready performance.

Priced at US$2,999, the MATIC S68 offers strong value vs competing one‑piece wheels. A limited‑time promotion starts Oct 25 at US$2,599 (US$400 off). Buyers receive complimentary lifetime after-sales support to ease one piece wheel maintenance concerns.

Chris Zeng, Overseas Business Manager at Superteam Wheels, commented: “The MATIC S68 is the result of extensive development, iterations and rigorous testing. We want more performance-focused riders to experience premium flagship wheels, and we believe the MATIC S68 will meet their expectations.”

About Superteam Wheels

Founded in 2015, Superteam Wheels develops and manufactures high‑performance carbon wheels for road and gravel bikes. Built on race‑grade standards, its products are sold worldwide.

More info: https://superteamwheels.com/

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Tradewind Finance Provides EUR 2 Million Export Factoring Facility to Eldohm to Support International Growth

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The tailored factoring facility enables Eldohm to offer international customers payment terms of up to 120 days while maintaining the liquidity needed to pay suppliers in China earlier in the trade cycle.

MÖNCHENGLADBACH, Germany, Oct. 23, 2026 /CNW/ — Tradewind Finance has provided a EUR 2 million export factoring facility, available in both euros and US dollars, to the Hong Kong subsidiary of Eldohm, a Netherlands-based international trading company. Arranged in collaboration with CRDT, the facility supports Eldohm’s international growth by providing working capital against outstanding invoices, enabling the company to manage larger orders and pursue further expansion in the United States.

Supporting Growth Across International Trade Flows

For internationally operating trading companies, managing the time between supplier payments and customer collections is a critical working capital challenge. Customers often require extended payment terms, while suppliers need to be paid much earlier in the trade cycle.

Eldohm’s Hong Kong subsidiary manages sourcing, product development and quality control, while the group’s financial administration is handled from the Netherlands. The company offers international customers payment terms of up to 120 days and can pay its suppliers in China earlier in the trade cycle.

As trading volumes grow, so does the amount of working capital required to bridge these payment cycles. This additional financing capacity enables Eldohm to accept larger orders, support growing customer demand and continue expanding its business in the United States.

An Export Factoring Solution Tailored to Eldohm

Tradewind structured the export factoring facility around Eldohm’s international trading operations.

By financing eligible export receivables issued by the Hong Kong entity, Tradewind makes working capital available before customers settle their invoices. This allows Eldohm to meet supplier payment obligations while continuing to offer competitive payment terms to its international customers.

The transaction required experience in international factoring, particularly in financing a Hong Kong entity with concentrated receivables exposure to a US-based buyer. These characteristics had made conventional financing through Dutch providers difficult to arrange.

Tradewind’s international expertise and tailored approach enabled a factoring solution aligned with Eldohm’s actual trade flows and financing requirements.

“Through factoring, we can offer our international customers the extended payment terms they need to manage their cash flow effectively when handling large volumes. At the same time, we can pay our suppliers in China earlier in the trade cycle without our own cash flow limiting growth. This creates financial flexibility on both sides of the supply chain and enables us to grow faster together with our partners,” said Pieter van den Bosch of Eldohm.

CRDT and Tradewind Combine Expertise to Deliver the Facility

The transaction was introduced to Tradewind by CRDT, which already supported Eldohm with credit management services. As Eldohm’s financing requirements developed, CRDT helped identify a financing partner with the international experience needed to support its operations.

For trading companies operating across Europe, Asia and the United States, access to appropriate financing can be complicated by differences in legal jurisdictions, corporate structures and the requirements of domestic financing providers.

CRDT’s understanding of Eldohm’s business, combined with Tradewind’s experience in international factoring, contributed to the development of a financing structure suited to the company’s needs.

“International trade requires expertise and a strong network to tailor supply chain finance to the needs of each business,” said Frans van der Hoorn, Managing Director at CRDT.

International Factoring Expertise Supporting Further Expansion

For Tradewind, the transaction demonstrates the importance of structuring financing around the way companies conduct international business.

With decades of trade finance experience and an international network of local teams, Tradewind supports exporters and importers whose financing needs extend beyond traditional domestic banking structures.

Rather than relying solely on Eldohm’s Dutch operations, Tradewind was able to finance receivables through the company’s Hong Kong subsidiary, supporting trade with a US-based buyer.

“Eldohm’s business demonstrates why export factoring needs to reflect the way goods, invoices and payments move across borders. By financing receivables through its Hong Kong entity, we have structured a facility that supports extended customer payment terms while providing the working capital needed for larger orders and further growth in the United States. Our collaboration with CRDT was instrumental in developing a solution aligned with Eldohm’s business,” said Harry Marchal, VP Sales Europe at Tradewind Finance.

The facility provides Eldohm with additional financing capacity to manage increasing order volumes, maintain supplier payments and pursue further international growth. It illustrates how tailored export factoring can improve cash flow and support companies operating across multiple markets.

To learn how Tradewind’s tailor-made trade finance solutions support international growth, visit www.tradewindfinance.com.

About Tradewind Finance

Founded in 2000, Tradewind Finance maintains a global network of offices including Bangladesh, Bulgaria, China, Hong Kong SAR, Hungary, India, Pakistan, Turkey, UAE, and the USA, alongside its headquarters in Germany. Combining financing, credit protection, and collections into one streamlined offering, Tradewind delivers flexible, best-in-class trade finance solutions to exporters and importers worldwide.

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SOURCE Tradewind Finance

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