Business Wire


Press releases and announcements from the world of banking technology, fintech, payments and paytech, and the broader financial services sector, distributed by Business Wire.

Circle is First Global Stablecoin Issuer to Comply with MiCA, EU’s Landmark Crypto Law

Circle’s French entity is launching USDC and EURC issuance in the EU in compliance with one of the world’s most comprehensive regulatory regimes for digital assets PARIS–(BUSINESS WIRE)–Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced that it has become the first global stablecoin issuer to achieve compliance […]

Deluxe CEO Barry C. McCarthy to be Inducted into Georgia Fintech Hall of Fame

Recognized for Transformative Leadership and Innovation, McCarthy’s Induction Highlights Evolution of Deluxe into a Digital Payments and Data Solutions Leader MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE: DLX), a modern Payments and Data company, announced today that President and Chief Executive Officer Barry C. McCarthy will be the 2024 inductee to the Technology Association of Georgia (TAG) Fintech Hall […]

Juniper Research: Digital Identity App Installations to Reach 5.2bn Globally by 2029; Exceeding 60% of the Global Population

Standardisation Enabling Diverse Verification Use Cases BASINGSTOKE, England–(BUSINESS WIRE)–#digitalidentities–A new study from Juniper Research, the foremost experts in fintech and payments markets, found the remote onboarding of users will drive the growth in digital identity app downloads by 126% globally. This will expand the market from 2.3 billion apps installed this year, to 5.2 billion […]

GroupBy Inc. Shortlisted in The 2024 SaaS Awards

International Software-as-a-Service Awards Program Announces its Shortlist TORONTO–(BUSINESS WIRE)–GroupBy Inc., a SaaS-based B2C and B2B eCommerce search and product discovery technology leader, has been shortlisted in The 2024 SaaS Awards program in the Best SaaS Product for eCommerce / eShops category. A long-established awards platform now spanning 56 categories, The SaaS Awards celebrates the latest […]

Fintech Company Clair Partners With Check to Seamlessly Offer On-Demand Pay, Empowering Employers to Offer Free, Compliant Wage Advances to Their Workforces

Clair’s Proprietary Platform Enables Businesses to Embed Flexible Pay Into Their Workforce Management (WFM) Systems, With Low-Code Technology NEW YORK–(BUSINESS WIRE)–Clair, the pioneering fintech company offering free Earned Wage Advances originated by Pathward®, N.A., today announced a new partnership with payroll infrastructure company Check. Clair is Check’s first Earned Wage Access (EWA) partner and represents […]

Avidia Bank Partners with Q2 and Personetics to Modernize its Digital Banking Experience and Strengthen Engagement

Q2 and Personetics to enable Avidia Bank to provide a more robust, personalized digital banking experience to meet its customers’ evolving needs AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today that Massachusetts-based Avidia Bank has selected Q2 to modernize and enhance its digital banking […]

Advisor360° Rolls Out Full Integration with FMG to Make Marketing More Efficient for Wealth Managers

WESTON, Mass.–(BUSINESS WIRE)–#ConnectedWealth–Forty-three percent of registered investment advisors (RIAs) are asking for better marketing capabilities, according to recent research from Advisor360°. Now, financial advisors using Advisor360°’s integrated suite of solutions can amplify their business-building efforts through a new integration with FMG, the industry’s only all-in-one marketing technology solution. In addition to including FMG’s premium website […]

BTIS Adopts Gradient AI to Improve Risk Assessment in Workers’ Compensation Policies

AI-Driven Underwriting Solution Enables BTIS to Assess Risk More Accurately and Accelerate Quote Turnaround Time BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced Builders & Tradesmen’s Insurance Services, Inc. (BTIS), has adopted its underwriting solution to better predict risk and improve the pricing accuracy […]

Canadians Open Prepaid Accounts at Higher Rate than Debit or Credit

Canadian Prepaid Market Set to Surpass CA$19 billion by 2028 as Canadians seek flexible, digital-first payment options TORONTO–(BUSINESS WIRE)–#fintech–New researchi from the Canadian Prepaid Providers Organization (CPPO) and Datos Insights reveals that the Canadian open-loop prepaid card market continues to see strong growth. The industry is poised to reach CA$19 billion in annual loads by […]

Advyzon Releases Third Annual Asset Allocation Study and White Paper

Special report uncovers trends in how financial advisors shifted client assets in 2023 CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon, a comprehensive service and technology platform and portfolio management solution for financial advisors and investment managers, has just released “What’s Going On With Assets in 2024?”, Advyzon’s third annual asset allocation study that reveals new trends in how financial advisors […]

FlightHub introduces Cancel for Any Reason offering, providing enhanced flexibility and peace of mind to travellers in Canada and the US

New travel offering allows travellers to cancel their trips with ease, ensuring greater confidence and convenience for every journey. MONTREAL–(BUSINESS WIRE)–FlightHub™, a Momentum Ventures subsidiary and leading North American online travel agency has announced the launch of a new Cancel for Any Reason (CFAR) offering, in partnership with Cover Genius, the global insurtech for embedded […]

DataVisor Enhances Multi-Tenancy Capabilities for Scalable, Secure, and Flexible Fraud & AML Solutions

New Enhancements Enable Core Banking Providers, Processors, Acquirers and Sponsor Banks to Offer Customers and Business Units Comprehensive and Customizable Protection MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and financial crime prevention platform, is excited to announce significant enhancements to its advanced multi-tenancy solutions. These enhancements allow organizations to configure and customize fraud […]

Ant International and Partners Support Almost 100 Million MSMEs, Launches Global “Embrace the Power of Small” Campaign

Ant International announces momentum in serving global MSMEs across its businesses – Alipay+, Antom, WorldFirst, ANEXT Bank and newly-introduced bettr Ant International launches the second edition of SisBerdaya in Indonesia with DANA, and shares milestones in its 10×1000 Tech for Inclusion program In celebration of International MSME Day, Ant International launches global “Embrace the Power […]

GlobalData Report Highlights Staggering Economic Costs for California of $89.5 Billion Due to Obesity

NEW YORK–(BUSINESS WIRE)–Obesity and overweight are estimated to have caused a staggering $89.5 billion reduction in California economy in 2022, equivalent to 2.5% of the state’s gross domestic product, according to a report released by GlobalData Plc, a leading data and analytics company. GlobalData’s report, ‘Obesity’s Impact on California’s Economy and Labor Force,’ analyzes the […]

Revere Payments Named BigCommerce Preferred Technology Partner

Revere Payments offers a wide range of payment solutions to help fast-growing BigCommerce customers streamline payment processes, improve transaction security, and enhance the overall customer experience PALM BEACH GARDENS, Fla.–(BUSINESS WIRE)–Revere Payments today announced it has been named a BigCommerce Preferred Technology Partner, providing tens of thousands of BigCommerce customers access to Revere Payments’ platform […]

Orion Unveils New Standalone Trading to Empower Advisors with Greater Flexibility

Wealthtech innovator adds flexible standalone solutions and Foundation Stack, enabling advisors to choose their own adventure OMAHA, Neb.–(BUSINESS WIRE)–Orion, the premier provider of transformative wealthtech solutions for fiduciary advisors, today announced the availability of standalone solutions and a new bundled offering to provide advisors unparalleled flexibility. Orion’s new à la carte and bundled offerings allow […]

ValidMind Accelerates Growing Momentum With AIFinTech 100 and QuantTech50 Recognitions and Strategic New Hires

Amid the increasing AI regulatory environment, the innovative model risk management platform’s momentum demonstrates it’s one to watch in the fintech space PALO ALTO, Calif.–(BUSINESS WIRE)–ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it has earned a spot on FinTech Global’s AIFinTech 100 list and been honored with […]

Rainforest Raises $20M to Transform Embedded Payments for Software Platforms

The fintech startup grew payment volume by 17x in six months, enabling vertical software companies to increase revenue and engagement, and reduce churn ATLANTA–(BUSINESS WIRE)–Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners. Additional participating investors include Accel, Infinity […]

Airwallex Integrates With Intuit QuickBooks to Provide Seamless Multicurrency Reporting

Airwallex customers can now readily import their transaction data into QuickBooks Online, slashing the need for manual inputs and helping customers better manage their finances SAN FRANCISCO–(BUSINESS WIRE)–Airwallex, a leading global payments and financial platform for modern businesses, today announced an integration with QuickBooks, the leading financial technology software platform among businesses of all sizes. […]

BlackRock Teams With GeoWealth to Offer Custom Models Featuring Simplified Access to Private Markets

Automated Custom Models to Enable Access to Private Markets, Direct Indexing and Fixed Income SMAs in Addition to ETFs and Mutual Funds in a Single Account NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE: BLK) today announced a strategic partnership with financial technology firm GeoWealth expanding BlackRock’s capabilities to meet client needs in the $37 trillion U.S. wealth market. […]

Surging Credit Card Delinquency Rates are Affecting Credit Limits

While credit card debt and delinquency rates often go hand in hand, overextended credit card accounts may also lead to decreased credit limits. CardRatings’ credit card experts offer tips for minimizing the impact of these possible cuts. FOSTER CITY, Calif.–(BUSINESS WIRE)–Approximately 9% of credit card balances fell into delinquency over the last year according to […]

BlueFlame AI Secures $5M Series A Funding to Transform Gen AI for Alternative Investment Managers

Funding round led by industry leaders, strategic partners, and management team will fuel next stage of growth and innovation NEW YORK & LONDON–(BUSINESS WIRE)–BlueFlame AI (BlueFlame), the generative AI platform for alternative investment managers, today announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by […]

Future Proof Festival “Fintech Demo Drop III” Now Accepting Applications

Seven emerging fintech providers will be chosen to showcase their tools and solutions live to an audience of thousands at the most attended wealth management event in 2024. BOSTON–(BUSINESS WIRE)–#adapt–Future Proof, the award-winning B2B events company behind the Future Proof Festival—the largest annual marketplace for fintech and wealth management decision-makers—announced today that applications are now […]

ROffice & Anasova Partner to Ignite Advisors’ Business Development

MELBOURNE, Fla.–(BUSINESS WIRE)–#FinancialAdvisorMarketing—ROffice, a platform where financial advisors and talented service professionals converge to seek and provide fractional assistance, today announced its partnership with Anasova, a sales intelligence platform that connects advisors to their exact target market at prices they control. This new relationship presents advisors the opportunity to utilize vital marketing and business development […]

ClassWallet Forms Early Care and Education Center of Excellence

Initiative will help enable educators and agencies better serve early child care and pre-school populations nationwide MIAMI–(BUSINESS WIRE)–ClassWallet, the leading purchasing and reimbursement platform for public funds, has formed an early care and education (ECE) “Center of Excellence” focused on helping child care professionals, providers, ECE programs and government agencies create the most effective and […]

WNS Recognized as a ‘Leader’ in Insurance Intermediary Services by Everest Group

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–$WNS #BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, today announced that it has been recognized as a ‘Leader’ among Insurance Intermediaries in Everest Group’s PEAK Matrix® 2024. ‘Leaders’ are identified by their vision and capability to deliver services and […]

Industrial Credit Union Selects Mahalo Banking to Drive Ongoing Innovation

Credit union leverages banking solution to accelerate digital experience, form strong fintech collaboration TROY, Mich.–(BUSINESS WIRE)–#banking–Mahalo Banking today announced its new partnership with Bellingham, Wash.-based Industrial Credit Union ($382M in assets). Industrial selected Mahalo’s solution to optimize integrations and deliver an exceptional digital banking experience. Digital services are the most utilized member channels at Industrial, […]

Dynamo Introduces Next-Gen Investor Portal to Revolutionize Investor Communications

Dynamo Investor Portal v3.0 Provides ALTS Investment Teams with Unparalleled Digital Experience for Building Optimal Engagement and a Professional Presence with Clients BOSTON–(BUSINESS WIRE)–#AlternativeInvestments—Dynamo Software, a FinTech uniquely serving the alternative investment workflow needs of both General Partners (GPs) and Limited Partners (LPs), today announced new advancements in digital investor communication solutions. Dynamo Investor Portal […]

Bluevine Adds Mastercard-Powered Small Business Credit Card to the Arsenal of Tools Available on its Banking Platform

Bluevine Business Cashback Mastercard® Fully Integrates with Bluevine Business Checking for Seamless Cash Flow Management and Access to Capital to Fuel Business Growth JERSEY CITY, N.J.–(BUSINESS WIRE)–Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard®1, which offers […]

Lansdowne Partners Selects HUB to Reduce Operational Risk and Streamline the Production of Performance Metrics

LONDON–(BUSINESS WIRE)–#FinTech–HUB today is proud to announce that Lansdowne Partners, a leading active alternative investment firm, has selected HUB Performance Reporting to enable accurate and automated performance reporting. HUB Performance Reporting – Accurate and Automated Share Class Performance Data Preparation Lansdowne Partners is utilising HUB’s Performance Reporting, a SaaS solution that ingests and standardises data […]

IG US rebrands foreign exchange trading platform to tastyfx

CHICAGO–(BUSINESS WIRE)–IG US, a leading forex broker, announces today the rebranding of its brokerage and platform technology to tastyfx, offering a more aligned experience for their US-based customers and bringing FX trading closer to the tasty family of products. tastyfx is the fastest-growing forex broker in the USi and was recently named #1 in several […]

Luma Financial Technologies Partners with Gradient Insurance Brokerage to Offer Advanced Annuity Tools to KonnexME Platform

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products, and annuities platform, is pleased to announce their latest partnership with Gradient InsuranceBrokerage, LLC (“Gradient”), an independent marketing organization specializing in fixed annuities and life insurance. This collaboration is poised to empower Gradient’s proprietary KonnexME platform, equipping financial services professionals (“FSPs”) in the […]

Charlie Launches SpeedBump, a Pioneering New Way to Protect Older Americans From Financial Fraud Through a Proprietary Combination of Pauses, Alerts and Real-Time Education

SpeedBump Is Introduced at the Exact Moments Customers Are Most Vulnerable to Fraud; Ensures They Are Maximally Educated About Their Money’s Movements & Empowered to Make Informed Decisions Research Shows When People Have Knowledge About a Scam, They Are 80% Less Likely To Engage With It LOS ANGELES–(BUSINESS WIRE)–Charlie, the fintech company on a mission […]

The 29th BRAVO Business Awards will recognize Globant and leaders from PepsiCo Latin America, Riverwood Capital, and Inter&Co

Honorees will be acknowledged for their work in sustainability and gender equality, tech innovation, entrepreneurship, and digital banking at a gala in Miami on October 30. MIAMI–(BUSINESS WIRE)–Council of the Americas (COA) is pleased to announce the honorees of the 29th BRAVO Business Awards, which will be held at the Loews Coral Gables Hotel on […]

Tenet Energy and KeySavvy Partner to Provide Affordable EV Financing for Private Party Car Buyers & Sellers

KeySavvy’s marketplace empowers consumers to make the switch to EVs as built-in financing options through Tenet enable more affordable EV loans for all Americans NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that they have partnered with KeySavvy, a transaction […]

Provenir Launches Onboarding Fraud Solution to Fight Back Against Fraudsters, Minimizing Losses While Safeguarding Customer Experience

AI-powered risk decisioning platform connects fraud scores, identity checks and device validation, integrating multiple layers of fraud detection into decisioning workflows to mitigate threats at application screening, including synthetic fraud, impersonation and mule indicators PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI–As the financial services world becomes increasingly digitized and consumer demands evolve, fraudsters and their methods are becoming more […]

ICE to Launch Treasury Clearing Service to Increase Transparency and Enhance Resilience in the U.S. Treasury Market

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced it will leverage its proven track record and expertise in central clearing and the fixed income market to launch a clearing service for all U.S. Treasury securities and repurchasing agreements. This follows the recent announcement by […]

Experian Announces Strategic Partnership With Virgin Money to Streamline and Personalise Digital Customer Experience

LONDON–(BUSINESS WIRE)–Experian and Virgin Money today announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services including credit and lending, fraud prevention, analytics, governance, and compliance as well as marketing services across all their product […]

Naspers Delivers US$836m Free Cash Flow Improvement, 18% Revenue Growth and Ecommerce Profitability

CAPE TOWN, South Africa–(BUSINESS WIRE)–Naspers Limited (Naspers) (JSE: NPN): It has been a standout year for the Group. Naspers simplified its Group structure, delivered improvements across all core performance metrics and achieved Ecommerce profitability six months ahead of target. Operating businesses have performed well, accelerating profitable growth, while the open-ended buyback programme continues to deliver […]

Wealth.com Launches New Family Office Suite™, Strengthens Legal Team With Addition of David Haughton, JD, CPWA®

New estate planning offering focuses on driving productivity and efficiency for advisors and wealth strategists serving high-net-worth and ultra-high-net-worth clients PHOENIX–(BUSINESS WIRE)–#EstatePlanning—Wealth.com, the industry’s leading estate planning platform, today unveils its latest innovation: Family Office Suite™, a cutting-edge collection of estate management technologies designed for highly complex estates. The Family Office Suite is specifically tailored […]

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