Business Wire


Juniper Research Opens New APAC Office in Hong Kong

BASINGSTOKE, England–(BUSINESS WIRE)–Juniper Research is thrilled to announce the opening of its new office in Hong Kong to serve the APAC region. Spearheading its efforts in this region will be industry veteran Terrence Shan, who joins Juniper Research as General Manager – APAC. Terrence brings a wealth of experience and connections in the region to […]

Intuit Pioneers Done-for-You Future for Consumers and Businesses with Agentic AI

Company’s early investments in Generative AI Operating System and AI-driven expert platform innovations accelerate delivery of agentic AI experiences MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is pioneering a done-for-you future with agentic AI. Developed using its proprietary Generative AI Operating […]

ICE Clear Credit Is First CDS Clearing House to Process More Than $1 Trillion USD Notional Amount in One Day

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that ICE Clear Credit processed a record of more than $1.1 trillion USD equivalent notional amount of credit default swap (CDS) instruments on Friday, September 20 – the most ever cleared in a single day by […]

Galileo Launches Secured Credit with Dynamic Funding Empowering Banks and Fintechs to Simplify Credit-Building for Consumers

New solution offers a consolidated balance view for debit and secured credit. SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Secured Credit with Dynamic Funding. Built to help fintechs, banks and other businesses address the needs of underbanked and underserved customers, […]

Banco PAN Revolutionizes CX with NICE CXone

CXone provides a unified platform for CRM integration, Quality Management, and Interaction Analytics HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE (Nasdaq: NICE) today announced that Banco PAN, a complete digital banking and consumer platform in Brazil, has found significant improvements moving from the incumbent, on-premises solution to NICE CXone, the industry-leading cloud-native CX platform. Serving over 30 million customers […]

Webcash Global Launches WeBill365, a Comprehensive Billing and Payment Solution, in Vietnam

– WeBill365 in Vietnam facilitates billing management and payment processing through both PC and mobile applications. – Following its successful debut in Cambodia, the solution is now undergoing a full-scale expansion across the Southeast Asian market. SEOUL, South Korea–(BUSINESS WIRE)–#BillingSolution—Webcash Global Co., Ltd. (CEO Lee Sil-kwon) announced on September 12 that it has launched WeBill365, […]

NationsBenefits® Partners with RedSail Technologies Bringing Advanced Member Care and Improved Efficiencies to Over 6000 Independent Pharmacies Nationwide

RedSail Technologies and NationsBenefits Expand OTC Access for Medicare Advantage and Medicaid Members PLANTATION, Fla.–(BUSINESS WIRE)–NationsBenefits, the market leader in supplemental benefits and healthcare fintech solutions, today announced a new partnership with RedSail Technologies, owner of PioneerRx, the industry’s leading pharmacy management software, to enable Medicare Advantage and Medicaid members to use their NationsBenefits Benefits […]

Pinnacle is the No. 1 Bank in the Nashville MSA by Deposits for the Seventh Consecutive Year, Holds No. 2 in Tennessee, Grows Deposits in 21 of 27 MSAs

Competitive landscape, high-value markets lead to significant growth in FDIC deposit data NASHVILLE, Tenn.–(BUSINESS WIRE)–Pinnacle Financial Partners remains the largest bank in the Nashville MSA by deposits, marking seven consecutive years at No. 1. The firm held $19.7 billion in local deposits, which is 21.2 percent of the total market and 52.2 percent above the […]

Beanstalk Benefits Launches New Partnerships, Extends Platform to Include Part-Time and Contract Employees

Stride Health, Lane Health expand options for employees choosing their own health & wellbeing benefits PHILADELPHIA–(BUSINESS WIRE)–#CHRO—Beanstalk Benefits today announced new health insurance and payment partnerships that give users more flexibility for building their own benefits portfolios. The company also extended its offering beyond employers of full-time workers and is now available to entities supporting […]

Sunbit Partners with Stripe to Bring Buy Now, Pay Later to More In-Person Services

Sunbit technology enables brick-and-mortar merchants processing on Stripe to grow their revenue by offering customers more flexible ways to pay LOS ANGELES–(BUSINESS WIRE)–#Stripe–Sunbit, the company building financial technology for everyday expenses, today announced a strategic partnership with Stripe, a financial infrastructure platform for businesses. This embedded finance collaboration brings Sunbit’s innovative technology solutions to a […]

Austin FC and Q2 Support Local Nonprofits Through Q-mmunity Gives Grant Program

Three (3) $50,000 grants will be awarded to organizations dedicated to supporting underrepresented communities in Central Texas AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings, Inc. announced today that the organizations are teaming up for the fourth consecutive year to support local nonprofits dedicated to promoting diversity, equity and inclusion in Central Texas through its Q-mmunity […]

Authoritative Mobile Phone Number Data Amps Up Fraud Prevention in the Finance Industry

iconectiv explains how financial institutions can use valuable phone data to help thwart account takeovers, money laundering and other vulnerabilities BRIDGEWATER, N.J.–(BUSINESS WIRE)–With mobile phones and phone numbers now serving as the primary way for more than 3 billion people worldwide to identify themselves when buying and selling online, conducting financial transactions, opening accounts, verifying […]

Prelim and IntraFi Partner to Simplify Reciprocal Deposit Account Onboarding

SAN FRANCISCO–(BUSINESS WIRE)–Bank customers will have an easier time signing up for reciprocal deposit services under a new partnership between Prelim and IntraFi®. IntraFi, the inventor of reciprocal deposits, provides services that enable banks to offer their customers access to millions of dollars in aggregate FDIC insurance across its more than 3,000 network banks. Prelim […]

Green Check Expands Financial Services Access to Cannabis Businesses Within Sovereign Nations

New feature facilitates banking for cannabis-related businesses operating in indigenous communities BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Today, Green Check (GC), the leading fintech provider of financial service solutions and industry insights in the cannabis market, announced a new feature that enables access to banking services for licensed cannabis-related businesses (CRBs) operating within indigenous communities. This update helps […]

Torq Announces $70M Series C to Double Down on Generative AI for Security Operations Platform, Bringing Total 2024 Funding to $112M

Torq Achieves 3X+ Revenue and Fortune 500 Customer Growth for the Second Year in a Row, With $100M 2026 ARR Target, As Torq HyperSOC and Torq Hyperautomation Achieve Global Enterprise Penetration NEW YORK–(BUSINESS WIRE)–Torq, the AI-first security hyperautomation leader, today announced the closing of its $70M Series C funding round, led by Evolution Equity Partners, […]

ICE Further Automates Credit Dispute Processing for Servicers With Enhancements to Credit Bureau Management

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced enhancements that allow the ICE Credit Bureau Management solution to automate the credit dispute process and help servicers save critical time as they work to meet their 30-day reporting obligations under the Fair Credit Reporting Act. […]

Australian-Founded Fintech Transforming Debt Collection in the USA Secures US$40M

SYDNEY–(BUSINESS WIRE)–Global debt collection fintech, InDebted, today announced the completion of its US$40 million Series C capital raise, valuing the company at greater than US$250 million. InDebted provides future-thinking organizations with a better alternative to traditional debt collection agencies. By using technology such as machine learning to personalize every collections journey, with the support of […]

Circle’s Global Impact Report Showcases Financial Inclusion Utility of USDC

Use cases indicate how USDC and open-source innovations are transforming aid delivery, remittances, and more NEW YORK–(BUSINESS WIRE)–Circle, a global financial technology firm, is proud to unveil its first Global Impact Report on the grounds of the United Nations. Examples in the report demonstrate the inherent power of open blockchain-based financial infrastructure to transform aid […]

Xsolla Appoints Zoran Vasiljev as Senior Vice President of Global Strategic Partnerships

Vasiljev Brings Extensive Experience and Leadership to Drive Global Expansion LOS ANGELES–(BUSINESS WIRE)–Xsolla, a global video game commerce company, announced today the appointment of Zoran Vasiljev as its Senior Vice President of Global Strategic Partnerships, effective October 1st. Zoran joins Xsolla with a wealth of experience and a distinguished track record in digital monetization and […]

Cross River and Forward Bring Payouts-As-A-Service to Software Developers

Initiative expands embedded payment services to Software-as-a-Service providers, addressing core payment challenges FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Forward, a technology partner empowering Software-as-a-Service (SaaS) companies to integrate and monetize payments, are addressing some of the core payment challenges currently inhibiting the growth […]

TradeStation Securities Announces Collaboration with QuantConnect

TradeStation Expands Algorithmic Trading Capabilities with QuantConnect API Integration PLANTATION, Fla.–(BUSINESS WIRE)–TradeStation Securities, Inc. (“TradeStation Securities”), an award-winning*, self-clearing online brokerage firm for trading stocks, options, futures, and futures options, announced its collaboration with QuantConnect, an open-source algorithmic trading platform, offering powerful solutions for quant investors. TradeStation Securities, a multi-asset class broker-dealer and futures commission […]

ICE Launches New Suite of Physical Climate Risk Municipal Indices Integrating ICE Climate Risk Scores

Five new indices to track performance of securities of obligors exposed to climate risk, uses ICE Climate Risk Scores NEW YORK & ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that it has launched a new suite of climate risk municipal indices, using the ICE Climate Risk Score, […]

Wolters Kluwer named Category Leader in Chartis RiskTech Regulatory Reporting Solutions 2024 Quadrant

NEW YORK–(BUSINESS WIRE)–Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized as a category leader by Chartis in its prestigious RiskTech Regulatory Reporting Solutions 2024 Quadrant. Chartis’ mission is to support banks, tech vendors, investment managers and insurers […]

Composition Capital Launches New Technology-focused Growth Equity Firm

LOS ANGELES–(BUSINESS WIRE)–Composition Capital (“Composition”) today announced its launch as a private equity firm providing growth capital and strategic operating support to high-growth technology and technology-enabled companies. Composition, a fully independent firm, is founded and co-led by Nishita Cummings and Leon Chen, seasoned and accomplished technology investors. Cummings and Chen most recently served as Managing […]

MANTL Announces Business Deposit Origination for Credit Unions

A development partner cohort of 10 credit unions collaborated with MANTL to streamline business account opening and deepen relationships with businesses and their communities JERSEY CITY, N.J.–(BUSINESS WIRE)–MANTL, a leading provider of account origination solutions, today announces MANTL Business Deposit Origination for credit unions. Leveraging the same modern infrastructure that transformed consumer account opening for […]

Infuze Credit Union Taps Pulsate for Enhanced Mobile-First Engagement and Targeted Marketing

Pulsate’s integration within Q2 Digital Banking Platform equips Infuze CU to more effectively communicate with members via digital and mobile banking DUBLIN–(BUSINESS WIRE)–Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that Infuze Credit Union has selected Pulsate to transform how it […]

Amount Unveils New SMB Lending and Deposit Account Opening Suite on Unified Platform

CHICAGO–(BUSINESS WIRE)–Amount, a leader in digital origination and decisioning technology, is excited to announce the launch of its latest innovation, the SMB Suite. This cutting-edge SaaS platform is designed to transform the way banks and credit unions manage small business lending and deposit account openings, addressing critical challenges faced by financial institutions today. The new […]

Nmbr Secures CAD $7.6 Million to Bring Embedded Payroll to Canada

Backed by leading venture funds, the funding will propel Nmbr’s vision to simplify the process of building modern payroll products in Canada, helping companies launch payroll offerings to increase revenue and customer retention. TORONTO–(BUSINESS WIRE)–Nmbr, Canada’s first dedicated embedded payroll software provider, announces CAD $7.6 million in seed funding to elevate the payroll ecosystem for […]

FICO Survey: Alarming Acceptance of ‘Liar Loans’ Among Thai Consumers

Close to 1 in 4 Thais think it’s OK to deliberately mislead on personal loans, mortgages, auto and other applications. BANGKOK–(BUSINESS WIRE)–FICO (NYSE: FICO): Highlights Two in five Thais (39%) think it’s OK or normal for people to exaggerate their income on loan applications One in seven Thais (14%) believe it’s normal for people to […]

Australian Payments Plus and Thoughtworks Join Forces to Accelerate PayTo Adoption with Award Winning Customer-centric Design

SYDNEY–(BUSINESS WIRE)–Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, joined Australian Payments Plus (AP+), Australia’s domestic payments organization operating the BPAY, eftpos and NPP payment schemes), to develop new customer experience (CX) industry guidelines for PayTo. PayTo is the latest innovation from AP+, providing a fast and secure way to […]

Odysseus Fintech Deploys Compliance AI “Athena” to Deliver +95% Audit Trail

  HOUSTON–(BUSINESS WIRE)–Odysseus Fintech, Ulysses Commodities’ software development arm, released ‘Athena’, an LLM (large language model) AI agent developed for internal use, to address the painstaking process of preparing audit trail reports for regulatory audits from multiple input sources including: ICE CHAT, BBG Chat, Cloud 9 and VOIP phone calls. I. Nechitat, head of LLM: […]

Airwallex’s Cross-Border Payments Technology Streamlines McLaren Racing’s Financial Operations

LONDON & WOKING, England–(BUSINESS WIRE)–Airwallex, a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Prior to this partnership, McLaren’s international payments run consisted of 30 payments made one at a time, which was inefficient and […]

Priority Announces Innovations to its Passport Product

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority, the payments and banking fintech that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, has announced significant enhancements to its Passport product within its banking and treasury solutions platform. Passport seamlessly integrates payments, treasury and banking services on a scalable, native platform. It helps businesses of all sizes accelerate […]

Breckpoint Enhances Underwriting and Risk Management with Gradient AI

Self-funded Insurance Provider Improves Accuracy, Efficiency, and Risk Projection for Employee Benefits Programs PHOENIX–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at the SIIA National Conference that Breckpoint® has successfully adopted Gradient AI’s SAILTM Solution to enhance underwriting for its self-funded employee benefits programs. […]

Forma Capital Partners with Sweater Ventures to Power The Cashmere Fund

LOS ANGELES–(BUSINESS WIRE)–Forma Capital, an early stage venture investor that supports its portfolio companies through influential partnerships, today announced that its affiliate, Forma Cashmere, LLC, has been approved as the sub-adviser for the Sweater Cashmere Fund (SWTRX, or “the Fund”), and hereafter will be known as The Cashmere Fund. Until today the Fund has been […]

Juniper Research: Who Leads the Digital Wallet Platform Market in 2024?

BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research, the foremost experts in fintech and payments markets, has revealed which platform providers lead the global digital wallets market in 2024. Underpinned by robust methodology, the new Competitor Leaderboard ranked the top 17 digital wallet platforms across a number of criteria, including the range of payment channels […]

MCO (MyComplianceOffice) announced as one of Ireland’s Best Managed Companies 2024

DUBLIN–(BUSINESS WIRE)–#asiarisk—MCO (MyComplianceOffice), a leading provider of compliance management software for financial services firms, has been named one of the Best Managed Companies in Ireland at the Best Managed Companies awards, led by Deloitte. This year, Deloitte recognised 129 indigenous companies at the awards. The network of companies has a combined turnover of more than […]

KOHO and Propel Announce Exclusive Partnership to Expand Lending Access in Canada

TORONTO–(BUSINESS WIRE)–#TSXPRL–KOHO announces today their new partnership with Propel Holdings Inc. (“Propel”) (TSX: PRL). Through its Canadian brand Fora Credit, Propel will act as KOHO’s exclusive embedded lending partner. The partnership will allow qualified KOHO users to access a line of credit through Propel’s AI-powered lending platform within the KOHO app. “We’re proud to partner […]

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

NAIROBI, Kenya–(BUSINESS WIRE)–Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% […]

CAIS Broadens Offerings from Leading Alternative Asset Managers

Apollo, Ares, Bain Capital, BlackRock, Blackstone, Blue Owl, Golub Capital, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, Stonepeak, and Vista Equity Partners are among the managers introducing or expanding strategies on the CAIS platform NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced it has expanded its offerings […]

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