Author: Newsdesk

Better Announces First Conversational Credit Decision Engine in ChatGPT with OpenAI

With AI speed, mortgage and home equity loans can be approved in as little as 47 seconds saving lenders 21 days on average

NEW YORK–(BUSINESS WIRE)–
Better.com (NASDAQ: BETR), the leading AI-native home finance platform today announced the launch of the first conversational credit decision engine for mortgages and home equity loans in ChatGPT with OpenAI. With the new app, users can connect to Better’s Tinman® engine directly in ChatGPT for decision-ready information, so lending teams can confidently approve more loans faster and pass savings back to borrowers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260305512251/en/

Through this launch, Better expands Tinman AI Platform access to the entire financial services industry using ChatGPT through a custom Model Context Protocol (MCP) connector built by Better’s engineering and AI teams in collaboration with OpenAI.

“The mortgage industry is riddled with inefficiencies that hurt consumers, as well as the loan officers and lenders who serve them. Big mortgage aggregators in the broker and correspondent channel charge what is essentially a 1-2% tax on each loan just to underwrite a mortgage and deliver it to an institutional investor. That ends now,” said Leah Price, General Manager of Tinman AI Platform. “Loan officer teams and banks can simply log into their ChatGPT Enterprise account, download the Tinman AI credit decision engine app, connect their guidelines, pricing, and CRM to process, underwrite, and fulfill loans nearly instantly; passing thousands of dollars in savings to consumers. We’ve put the full power of Tinman inside ChatGPT, a platform more than 100 million Americans already know and trust. This is a total game changer.”

The MCP serves as the delivery layer, but real-time context is the true differentiator. The Tinman AI Platform maintains a real-time snapshot across every loan file at any given moment: facts, documents, actions, and any work needed to complete a file. The platform’s context engineering composes the exact context per request, and an underwriting orchestrator drives specialized agents to read docs, apply guidelines, and return a decision-ready status supported by a crisp, granular decision tree — capabilities that legacy LOS stacks are unable to replicate. This gives enterprise clients; mortgage companies, fintechs, and loan officer teams instant access to underwrite loans, powered by the industry’s richest context graph and learning data store.

Tinman is built on over a decade of institutional mortgage intelligence powering its machine learning engine and context graph. The platform has mapped individual mortgage processing and underwriting roles, with tasks, actions, rules, and decisions on more than $110 billion in funded loans, over 12 million recorded customer calls, and over 5 billions of pages of credit, income, home and asset level documentation, matched with the underwriting criteria and pricing parameters of over 45 different institutional buyers of mortgage and home equity loans totaling over 80% of the US mortgage market.

“We’re thrilled about our collaboration with OpenAI and the launch of the Tinman AI app in ChatGPT. We have full intention to continue building additional tools on OpenAI that will revolutionize the mortgage and home equity industry together. By reducing the time and cost to originate, we can dramatically lower rates for consumers and make mortgages more affordable for more American families. We’re just getting started,” said Vishal Garg, Founder & CEO of Better.

Tony Song, a Better Loan Officer ranked Top 100 in Dollar Volume, Purchase Volume, and Most Loans Closed by Scotsman Guide said, “The most important part of my day is delivering mortgage purchase commitment letters to homebuyers that need a mortgage to buy a home. With this launch, I’m already benefitting from the efficiencies, and I will be able to serve 10x more customers daily compared to what was possible with the traditional mortgage underwriting process.”

Loan officers using the Tinman AI app are able to take consumer application data and documents to fully underwrite a mortgage loan to the exact underwriting guidelines across the full product set and buy box of over 45 institutional mortgage investors including Fannie Mae, Freddie Mac, FHA, as well as major banks such as J.P. Morgan Chase, Truist, Citizens Bank, US Bank, Huntington Bank, and Fifth Third in as little as 47 seconds and a median of 2 minutes and 24 seconds compared to the average of 21 days for the traditional mortgage industry.

This launch expands Better’s collaboration with OpenAI, building on the company’s enterprise-wide deployment of ChatGPT across its 1,400 employees and its use of OpenAI’s multimodal models to power Betsy™, Better’s AI loan agent for consumer and enterprise customers.

“Better is embedding AI at the core of its business, helping its employees and lenders move faster from data to decision,” said Giancarlo “GC” Lionetti, Chief Commercial Officer at OpenAI. “With OpenAI, Better is not only advancing mortgage intelligence for the industry but also demonstrating how AI can transform how financial institutions operate from the inside out.”

We encourage you to watch the Tinman AI Credit Decision App demo: https://better.com/tinman. If you have ever gotten a mortgage as a consumer or work in the mortgage industry, it will change the way you think about home finance.

About Better Home & Finance Holding Company

Better Home & Finance Holding Company (NASDAQ: BETR) is the first AI-native mortgage and home equity finance platform, and first fintech to fund more than $110 billion in loan volume. Better has leveraged its industry-leading AI platform, Tinman®, to achieve its singular mission of making homeownership cheaper, faster, and easier for all Americans. Tinman® allows customers to see their rate options in seconds, get pre-approved in minutes, lock in rates, and close their loan in as little as three weeks. In addition, Betsy™, the first AI loan agent built exclusively for the mortgage industry, revolutionizes the homebuying journey by answering questions, delivering approvals, comparing products, processing rate locks, and moving their loan application along to closing 24/7/365. Better’s mortgage offerings include GSE-conforming mortgage loans, FHA and VA loans, and jumbo mortgage and home equity loans. Better serves customers in all 50 US states and the United Kingdom.

For more information, follow @tinmanAI on X and @betterdotcom on Instagram and TikTok.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260305512251/en/

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Apps/Applications Technology Finance Fintech Banking Other Technology Professional Services Software Artificial Intelligence Other Professional Services

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Decision-ready information so lending teams can confidently approve more loans, faster.

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Korn Ferry Board Authorizes Quarterly Dividend Increase for Sixth Consecutive Year

Dividend Increases 15% to $0.55 Per Share

LOS ANGELES–(BUSINESS WIRE)–
Korn Ferry (NYSE:KFY), a global consulting firm, today announced its Board of Directors has approved a 15% increase in its quarterly cash dividend, raising the quarterly dividend from $0.48 per share to $0.55 per share. This dividend will be payable on April 15, 2026 to shareholders of record on March 27, 2026. This represents an indicated annual dividend of $2.20 per share.

“We are pleased to announce a 15 percent per share increase to our quarterly dividend, bringing it to $0.55,” said Gary D. Burnison, CEO, Korn Ferry. “This marks our sixth consecutive year of dividend growth. Our ability to consistently return capital to shareholders underscores the durability of our business and our disciplined, long-term focus on creating sustainable shareholder value.”

About Korn Ferry

Korn Ferry is a global consulting firm that powers performance. We unlock the potential in your people and unleash transformation across your business—synchronizing strategy, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. That’s why the world’s most forward-thinking companies across every major industry turn to us—for a shared commitment to lasting impact and the bold ambition to Be More Than.

Forward-Looking Statements

Statements in this Press Release that relate to Korn Ferry’s goals, strategies, future plans and expectations, and other statements of future events or conditions are forward-looking statements that involve a number of risks and uncertainties. Words such as “believes”, “expects”, “anticipates”, “may”, “should”, “will”, “likely”, and “confidence”, and variations of such words and similar expressions are intended to identify such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Such statements are based on current expectations; actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties that are beyond the control of Korn Ferry, including global and local political and economic developments, demand fluctuations, and those risks and uncertainties included in Korn Ferry’s periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled “Risk Factors” and “Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2025. Korn Ferry disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260303517983/en/

Investor Relations: Tiffany Louder, (214) 310-8407

Media: Dan Gugler, (310) 226-2645

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Consulting Professional Services Human Resources

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Posted on March 5, 2026 1:24 pm

El Pollo Loco® Fires Up Culinary Innovation with Five New Menu Tests

A bold lineup of entrées, beverages, and handhelds are being tested in approximately 60 restaurant locations

COSTA MESA, Calif., March 05, 2026 (GLOBE NEWSWIRE) — El Pollo Loco, the nation’s leading fire-grilled chicken restaurant chain, today announced it is testing five new menu innovations across approximately 60 restaurants, including locations in California and Utah. These market tests, running now through late April, reflect the brand’s commitment to expanding flavor exploration, enhancing guest variety, and accelerating menu innovation in 2026.

“The ‘Let’s Get Loco^®’ rebrand last year wasn’t just a call to action for consumers,” said Jill Adams, CMO of El Pollo Loco. “It’s also a mantra for our internal teams to push the boundaries, test the limits and deliver truly unique culinary innovation to our customers in a way that only El Pollo Loco can.”

The market test products include a mix of bold entrées, handhelds, beverages, and potential future platforms designed to meet evolving customer cravings. The items currently in‑market or entering the test phase this month include:

• Honey Chipotle BBQ: Our famous, citrus-marinated, fire-grilled chicken tossed in our new Honey Chipotle BBQ sauce for a sweet, smoky and slightly spicy kick. Served with our new BBQ Black Beans, Cole Slaw and King’s Hawaiian^® Original Sweet Rolls. Available in 2 pc or 10pc meals.

• Loco Tenders™: Crispy 100% all white meat chicken tenders fried to perfection and seasoned in bold Mexican spices. Served with a choice of dipping sauces: Baja Lime, Pollo Loco Sauce™ or House Ranch. Also available in Classic.

• Loaded Quesadillas: A warm flour tortilla loaded with citrus-marinated, fire-grilled chopped chicken breast, a generous portion of melted Jack cheese that is wrapped to seal in all the flavors and grilled until toasted for maximum portability. Available in two flavors: Queso with our delicious queso blanco, crunchy tortilla strips and our signature creamy cilantro sauce, or Street Corn with corn and red peppers, crumbled cotija cheese and our signature creamy chipotle sauce.

• Crispy Grilled Chicken Sandwich: A crispy, breaded chicken breast filet, grilled to crispy perfection and topped with our signature Pollo Loco Sauce™ and house slaw, served on a toasted bun.

• Horchata Coffee Drinks: Classic Horchata with an iced coffee twist. Made with iced coffee and our sweet & creamy Mexican-style Horchata, flavored with cinnamon and vanilla, choose from the classic ChataCoffee™ or ChataCoffee™ Cream, which is topped with a delicious layer of vanilla cold foam.

“Culinary innovation continues to be a major focus for us in 2026,” said Chef Rene Pisciotti, Sr. Director of Culinary Innovation at El Pollo Loco. “These market tests allow us to explore new flavor directions, bring more variety to our guests, and ensure every item we launch incorporates their feedback and reflects what our customers are craving most.”

El Pollo Loco has also committed to eight additional new menu item tests in 2026. Specifics of these items will be announced later in the year.

To learn more about market test locations and dates, check with your local El Pollo Loco restaurant or follow El Pollo Loco on Instagram for updates.

About El Pollo Loco

El Pollo Loco (Nasdaq: LOCO) is the nation’s leading fire-grilled chicken restaurant known for its craveable, flavorful, and better-for-you offerings. Named by USA Today 10 Best Reader’s Choice Awards as a “Best Restaurant for Quick, Healthy Food” two years in a row, our menu features innovative meals with Mexican-inspired flavors made daily in our restaurants using quality ingredients. At El Pollo Loco, inclusivity is at the heart of our culture. Our community of over 4,000 employees reflects our commitment to creating a workplace where everyone has a seat at our table. Since 1980, El Pollo Loco has successfully expanded its presence, operating more than 500 company-owned and franchised restaurants across nine U.S. states: Arizona, California, Colorado, Louisiana, Nevada, New Mexico, Texas, Utah, and Washington. The company has also extended its footprint internationally, with licensed restaurant locations in the Philippines. For more information or to place an order, visit the Loco Rewards app or ElPolloLoco.com. Follow us on Instagram, TikTok, Facebook, or X.

CONTACT:
DeVries Global
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2fa7e670-1704-43d4-8afc-2f77b4c2cf36

Posted on March 5, 2026 1:07 pm

INVESTOR ALERT: Investigation of SES AI Corporation (SES) announced by Holzer & Holzer, LLC

ATLANTA, March 05, 2026 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC is investigating whether SES AI Corporation (“SES AI” or the “Company”) (NYSE: SES) complied with federal securities laws. On March 3, 2026, SES AI announced its business results for the fourth quarter and year ended December 31, 2025, and released a letter to shareholders in which the Company disclosed that revenue was “impacted primarily by logistics constraints that delayed shipments at the end of the year, resulting in approximately $1.5 million of revenue being pushed out to the first quarter of 2026.” The price of the Company’s stock dropped following this news.

If you purchased SES AI stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at [email protected] or Joshua Karr, Esq. at [email protected], call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/ses-ai/ to discuss your legal rights.  

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025 dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. 

CONTACT:  
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]

Posted on March 5, 2026 12:58 pm

NOTICE TO DISREGARD — Pomerantz LLP

NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) — We are advised by Pomerantz LLP that journalists and other readers should disregard the news release, “INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ambarella, Inc. – AMBA” issued March 3, 2026, over GlobeNewswire. 

Posted on March 5, 2026 12:41 pm

MISTRAS Group Issues Clarification Regarding Diluted EPS Excluding Special Items (Non-GAAP) Referenced During Q4 2025 Earnings Call

PRINCETON JUNCTION, N.J., March 05, 2026 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (NYSE: MG), a global leader in technology-enabled industrial asset integrity and laboratory testing solutions, issues clarification regarding diluted EPS Excluding Special Items (Non-GAAP). During MISTRAS Group’s Q4 2025 earnings conference call held on March 5, 2026, management inadvertently stated during the prepared remarks that the Company’s Diluted EPS Excluding Special Items (non-GAAP) for the three months ended December 31, 2025 was $0.20 per share. The correct Diluted EPS Excluding Special Items (non-GAAP) for the period was $0.25 per share, as accurately reported in the Company’s earnings press release, SEC filings, and earnings presentation. See the table below.

Mistras Group, Inc. and Subsidiaries

Unaudited Reconciliation of Net Income (GAAP) and Diluted EPS (GAAP) to Net Income Excluding Special Items (non-GAAP) and Diluted EPS Excluding Special Items (non-GAAP)

(tabular dollars in thousands, except per share data)

	Three months ended December 31,								Year ended December 31,
		2025				2024				2025				2024
Net income attributable to Mistras Group, Inc. (GAAP)	$	3,898			$	5,278			$	16,837			$	18,958
Special items		5,338				2,952				14,397				4,884
Tax impact on special items		(1,218	)			(705	)			(3,181	)			(1,168	)
Special items, net of tax	$	4,120			$	2,247			$	11,216			$	3,716
Net income attributable to Mistras Group, Inc. Excluding Special Items (non-GAAP)	$	8,018			$	7,525			$	28,053			$	22,674
Diluted EPS (GAAP)(1)	$	0.12			$	0.17			$	0.53			$	0.60
Special items, net of tax	$	0.13			$	0.07			$	0.35			$	0.12
Diluted EPS Excluding Special Items (non-GAAP)	$	0.25			$	0.24			$	0.88			$	0.72

The Diluted EPS Excluding Special Items (non-GAAP) of $0.25 per share for the three months ended December 31, 2025 exceeded the FactSet analyst consensus estimate of $0.21 per share.
Additionally, the Company reported Diluted EPS Excluding Special Items (non-GAAP) of $0.88 per share for the year ended December 31, 2025, representing a 22.2% increase compared to $0.72 per share for the year ended December 31, 2024.

This statement is being provided to ensure the accuracy of automatically generated earnings call transcripts and to reaffirm the accuracy of the Company’s reported financial results and related disclosures.

About MISTRAS Group, Inc. – Be a Step Ahead


MISTRAS Group, Inc. (NYSE: MG) is a global leader in technology-enabled industrial asset integrity and laboratory testing solutions, serving critical industries including oil & gas, aerospace & defense, power & utilities, manufacturing, and civil infrastructure. The Company provides a diversified portfolio of products and services, ranging from advanced non-destructive testing and pipeline inspections to real-time condition monitoring, maintenance planning, and specialized engineering, powered by a proprietary management software suite that centralizes integrity data for predictive analytics and benchmark analysis. With a long-standing track record of innovation and deep industry expertise, MISTRAS helps clients reduce risk, extend asset life, and optimize operational performance. Learn more at www.mistrasgroup.com.

INVESTORS’ CONTACT:


Edward J. Prajzner
Senior Executive Vice President & Chief Financial Officer
+1 (833) MISTRAS |[email protected]