Business Wire


Eastnets Climbs in Chartis RiskTech100® 2025 Rankings, Securing Award for Innovation in Trade-Based AML Solutions

LONDON–(BUSINESS WIRE)–Eastnets, a global leader in compliance and payment solutions, has risen to 54th place in the prestigious Chartis RiskTech100® 2025 rankings and secured an award for its trade-based AML solution. The recognition highlights Eastnets’ leadership in helping financial institutions tackle escalating financial crime risks in global trade. As trade-based AML becomes more critical, with […]

Advyzon and Syntax Data Enter Custom Indexing Partnership

Comprehensive wealth platform adds direct indexing solutions for financial advisors CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon Investment Management (AIM), a turnkey asset management program (TAMP) under the umbrella of comprehensive technology platform Advyzon, and Syntax Data, a financial data and technology company that codifies business models into a relational system called Affinity® Data, today announced a partnership that will […]

SouthState Bank Transforms Mortgage Operations with Blend Close

Adoption of Blend’s Close solution has cut closing times to 20 minutes and reduced loan processing from 7 days to 48 hours, enhancing efficiency and borrower satisfaction SAN FRANCISCO–(BUSINESS WIRE)–Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (SouthState), resulting in […]

OneVest Launches Cutting-Edge Wealth Management Technology Platform in the U.S. Market, Delivering Unparalleled Configurability

NEW YORK–(BUSINESS WIRE)–OneVest, a leader in wealth management technology, today announced the launch of its platform capabilities in the United States. The company’s highly configurable platform is designed to empower financial institutions by enabling them to easily tailor and scale their wealth management services, ensuring a more personalized and efficient client experience. Several prominent U.S. […]

Prelim Announces its Integration with Q2’s Digital Banking Platform

Financial Institutions can now provide Prelim’s consumer and commercial account opening solutions to customers through Q2’s Digital Banking Platform SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a provider of origination solutions for consumer and commercial deposit accounts, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a […]

Wedbush Securities Launches Enhanced Connectivity and Functionality for Clearing Clients

New APIs Provide Seamless Onboarding and Account Management Capabilities LOS ANGELES–(BUSINESS WIRE)–#APIs—Wedbush Securities, a diversified financial services provider, is excited to announce the release of a new suite of highly functional APIs (application programming interfaces) that provide enhanced integration for its clearing clients. These APIs enable clearing clients to easily connect with Wedbush, allowing them […]

FIS Teams Up with Fulham FC: A Game-Changer for London’s Fintech Scene

Key facts FIS has partnered with Fulham Football Club to create a centre for innovation at the Fulham Pier. The state-of-the-art Markers, presented by FIS suite will support Fulham’s vision of a dynamic and inclusive destination environment for business leaders in West London. FIS pledges commitment to local community with a £25,000 Fulham FC Foundation […]

iShares® iBonds® ETFs Near Final Distribution Dates

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of three 2024 iShares iBonds ETFs which possess the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBTE iShares® iBonds® Dec 2024 Term Treasury ETF NASDAQ 12/16/2024 12/16/2024 12/19/2024 IBDP […]

Josh Johnstone Joins Valor PayTech as Vice President of Marketing

JERICHO, N.Y.–(BUSINESS WIRE)–Valor PayTech is excited to welcome Josh Johnstone as the company’s new Vice President of Marketing. In this role, Josh will lead the company’s marketing strategy and execution, driving the brand’s growth and visibility as a leader in omnichannel payment solutions. Josh brings over 25 years of experience in marketing, having built a […]

Cash App Pay Integrates with Lyft for Seamless Payments

Lyft becomes the first-ever rideshare partner for Cash App Pay DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of […]

Sabey Data Centers Completes Construction at Austin, Texas Data Center Site

Data Center Delivers up to 84 MW of Critical Power; Construction Consistent with 2029 Net-Zero Corporate Commitment SEATTLE–(BUSINESS WIRE)–#Austin—Sabey Data Centers, a premier designer, builder and operator of multi-tenant data centers, today announces the completion of the first building of its new data center campus in Round Rock, Texas. The 430,000-square-foot facility showcases Sabey’s commitment […]

Q2 Introduces Symphonix to Help Global Non-Bank Lenders Orchestrate Better Borrowing Experiences

Symphonix’s comprehensive lending platform enables non-bank lenders to streamline operations and improve customer experiences AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced the introduction of Symphonix, the evolution of its cloud-based digital lending solution. The Symphonix lending platform is designed specifically to help non-bank […]

FundingShield Q3 2024 Wire Fraud Risk Report Showing Nearly Half of Transactions at Risk

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–#compliancemanagement–During Q3 2024, 46.43% percent of transactions on a $82bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.23 issues per loan indicating the lack of appropriate controls by closing agents and lenders to identify […]

Better.com launches Betsy™, the First Voice-Based AI Loan Assistant for the US Mortgage Industry

Betsy leverages true generative AI to enable Better’s Loan Officers to dramatically increase efficiency and customer satisfaction NEW YORK–(BUSINESS WIRE)–Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of Betsy™, the first voice-based AI Loan Assistant for the US mortgage industry. As the latest innovation built […]

DriveWealth Bolsters Connectivity for Institutional Broker-Dealers, Enhancing Global Reach and Operational Efficiency

Expanded EMS integrations and telecom support will reduce integration times for BDs and enhance trading capabilities and market access NEW YORK–(BUSINESS WIRE)–DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced its end-to-end integration with multiple execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex and TRAFiX. With these integrations, institutional broker-dealers can connect […]

InvestCloud Revolutionizes Wealth Management for FirstCape with Multi-Stage Digital Transformation

InvestCloud’s fully integrated platform set to significantly boost advisor efficiency, enable growth and scale for New Zealand’s premier advisory and asset management firm, enhancing client engagement at every stage of the investment lifecycle LONDON–(BUSINESS WIRE)–InvestCloud, a global leader in wealth technology, announced today that FirstCape, the leading wealth advice and asset management firm in New […]

Credit Union Wealth Group Launches Managed Direct Bond Investments for Member Portfolios

CHICAGO–(BUSINESS WIRE)–#banking—Credit Union Wealth Group (CUWG), a leading provider of digital wealth management programs for credit unions, announces the expansion of its fixed income capabilities, providing members with access to managed direct bond strategies. Members can access Treasury, TIPS, Agency, Municipal and Corporate managed bond and ladder investments as part of their portfolio. Members are […]

XTM Launches PayNow, an Earnings Payout, Remittance and Employee Benefits Solution for U.S. Temporary and Migrant Workers

TORONTO–(BUSINESS WIRE)–XTM Inc. (“XTM” or the “Company”) (CSE:PAID / FSE:7XT) a Miami and Toronto, Denver and London-based Fintech creator of innovative payment solutions including tipping-payout and certified Earned Wage Access (EWA) through its QRails AnyDay™ product and fully integrated processor, today announced the launch and roll-out of a Global Workers Payout Program called PayNow. The […]

Treasury Prime and Greenlite Partner to Bring Compliance AI to Banks Across the US

Leading generative AI platform for financial services companies joins Treasury Prime’s Partner Marketplace to help banks meet regulatory requirements effectively and efficiently SAN FRANCISCO–(BUSINESS WIRE)–Treasury Prime, a leading embedded banking software company, announced today the addition of Greenlite to the Treasury Prime Partner Marketplace. Banks in Treasury Prime’s network now have the option to leverage […]

Milken-Motsepe Prize in FinTech Announces 10 Semifinalists

10 teams to receive $1 million in total funding to support financial inclusion efforts for small businesses in emerging markets WASHINGTON–(BUSINESS WIRE)–The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call […]

SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program

SALT LAKE CITY & SAN FRANCISCO–(BUSINESS WIRE)–#Banking—SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH […]

EQ Bank Partners with DataVisor to Drive Growth with Cutting-Edge Fraud Protection

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and risk platform, announced today that EQ Bank selected the company’s next generation fraud detection suite to enhance its fraud-fighting capabilities. EQ Bank, the digital arm of Canada’s Challenger Bank™ with a mission to drive change in banking and enrich people’s lives, will now augment its […]

Allan Rayson Launches Finov8r to Empower Financial Institutions with Embedded Advisory Services

New advisory consultancy bridges finance and technology to deliver sustainable growth for banks, fintechs, and corporates. AUSTIN, Texas–(BUSINESS WIRE)–Allan Rayson today announced the launch of Finov8r, a leading embedded advisory consultancy supporting banks, fintechs, and corporates. Finov8r drives sustainable growth and delivers tangible value across the financial sector through hands-on advisory services that help clients […]

The Time is Now: CPI is Ready to Deploy Revolutionary New Chip Technology

Incorporating advanced chips will expand payment card design options and reduce environmental impacts LITTLETON, Colo.–(BUSINESS WIRE)–CPI Card Group Inc. (Nasdaq: PMTS) (“CPI” or “the Company”), a payments technology company providing a comprehensive range of credit, debit, and prepaid card solutions, fraud tools, and digital solutions including Software-as-a-Service-based instant issuance, is ready to produce the latest […]

Tide and Adyen Unite to Enhance Small Businesses Payments with Tap to Pay on iPhone

– New and existing Tide members will be able to accept payments on-the-go, anywhere via Tap to Pay on iPhone – The solution has small businesses at its heart – removing the need for terminals and hardware – New product enhances Tide’s finance and admin solutions LONDON–(BUSINESS WIRE)–Tide, the UK’s leading business financial platform, has […]

EdgeNext and National Pulse Form Strategic Partnership to Drive Innovation and Market Expansion

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#digitalinfrastructure—EdgeNext, a global cloud service provider, is pleased to announce a strategic partnership with National Pulse at Gitex 2024. National Pulse partners with companies that provide innovative technologies to support the digital transformation. This collaboration aims to enhance both companies’ capabilities by sharing resources, technology, and expertise, while also exploring new […]

Revolutionary Pump Station Solution Solves Long-Term Wastewater Infrastructure Challenge

A customizable solution to future-proof wastewater infrastructure saving millions in capital costs CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #instantinfrastructure–Water On Demand (WODI), a subsidiary of OriginClear, Inc. (OTC Other: OCLN), today announces that its Modular Water Systems™ (MWS) division delivered its highly-durable EveraMOD™ pump station package to a large-scale wastewater upgrade project in Pennsylvania. Capping a series of […]

CAIS To Launch Customizable Model Portfolios, Multi-Manager Registered Solutions, and Portfolio Construction Tools for Advisors

New division, CAIS Advisors, to provide a suite of solutions to assist advisors in allocating to alternative investments NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced a new division, CAIS Advisors, a registered investment advisor established to assist advisors in streamlining portfolio construction with a suite of tools and […]

Quantalytix’s Will Bryant Elected to Board of Directors for Association for Financial Technology (AFT)

–Former banker, fintech entrepreneur voted into leadership role to support organization’s mission to foster collaboration and professional development– BIRMINGHAM, Ala.–(BUSINESS WIRE)–Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software and its Enterprise Data Management (EDM) platform for financial institutions, announced today that its Chief Operating Officer (COO) and Co-founder, Will Bryant, was elected to […]

Pivot Payables Joins American Express Sync™

New B2B payments collaboration provides Pivot Payables’ users even more ways to manage expenses, payments and cash flow with on-demand virtual Cards in PivotLynx BELLEVUE, Wash.–(BUSINESS WIRE)–#CorporateCards—Pivot Payables Inc., a fintech company delivering corporate financial operations solutions, today announced a new integration with American Express. The integration offers American Express® U.S. Business and Corporate Card […]

Discover Reaches Goal of 1,000 Active Jobs in the Chatham Area, Fulfilling 3-Year Commitment to Chicago’s South Side

Local Leaders and Residents Joined Events Celebrating Discover’s Continued Investment in Chicago CHICAGO–(BUSINESS WIRE)–Discover® announced today that it has reached 1,000 active jobs as of this fall in the Chatham area. This achievement is a realization of its investment in people and its ongoing commitment to Chatham and the greater South Side. Since the opening […]

Paymentus Accelerates Digital Disbursements for Insurance Claims Payouts

Industry-Leading Billing and Payments Provider Now Offers Insurers Full-Cycle Money Movement via Guidewire InsuranceSuite CHARLOTTE, N.C.–(BUSINESS WIRE)–#billing—Paymentus Holdings Inc., (NYSE: PAY), today introduced the Paymentus Disbursements Accelerator in the industry-leading Guidewire Marketplace. The expanded accelerator, for Guidewire ClaimCenter, is designed to help insurers rapidly integrate instant digital disbursement capabilities into their claims management processes and […]

AllClear ID® Launches Health Bank One™ with Personalized Medical Intelligence

The world’s first digital health bank combines a patient’s medical records with AI to produce personalized insights for everyone involved in their care AUSTIN, Texas–(BUSINESS WIRE)–#AI—AllClear ID, a leader in digital identity, today announces the launch of Health Bank One™, an innovative new solution that empowers patients to take charge of their medical records and […]

Embroker Elevates Insurance with Strategic Partnership with Everspan, New CIO, Expanded Verticals and New Technology

Company marks another year in modernizing legacy insurance at ITC 2024 SAN FRANCISCO–(BUSINESS WIRE)–Over the past year, Embroker, the digital insurance company radically simplifying the insurance buying experience for businesses, has made significant strides in this mission, with new leadership appointments and introducing new AI-powered features to its ONE platform. The company has also expanded […]

One Inc and J.P. Morgan Payments Collaborate to Enhance Unified Payment Platform for Insurance

Carriers Benefit from the Full Range of Inbound and Outbound Digital Payment Services FOLSOM, Calif.–(BUSINESS WIRE)–One Inc, the leading payments network for the insurance industry, has announced its expanded collaboration with J.P. Morgan Payments, aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) insurance clients. This enhanced collaboration provides the seamless […]

Azul Sets the Bar with its High-Performance Java Platform, Azul Platform Prime, Achieving an Average 37% Performance Boost Compared to Other OpenJDK Distributions

Azul unveils its Java Performance Engineering Lab, pioneering new capabilities in Java optimization and scalability SUNNYVALE, Calif.–(BUSINESS WIRE)–Azul, the only company 100% focused on Java, today announced that Azul Platform Prime, the company’s award-winning high-performance Java platform based on OpenJDK, delivers record performance against industry benchmarks, outperforming other OpenJDK distributions by an average of 37%.1 […]

b1BANK Chooses Spiral to Promote Financial Wellness and Support Community Impact Through Everyday Banking

b1BANK adds Spiral to empower customers to grow their savings and support charitable causes through everyday purchases and their digital banking accounts. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), a community bank dedicated to innovative banking solutions and […]

Intuit QuickBooks Report Reveals Small Businesses Project a Third of Yearly Revenue from Holiday Sales as Consumer Spending Expected to Decrease by 34%

Study uncovers how small businesses can prepare ahead of the holiday season to capitalize on the $76 billion opportunity from consumer spend at small businesses MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–A new Intuit QuickBooks data report revealed that rising costs and continued inflationary pressures are causing a pull back on spending, as consumers are expected to spend […]

Alphathena and ETF.com Partner to Bring Valuable Direct Indexing Education to Financial Advisors

The revolutionary direct indexing platform and longstanding ETF news source are teaming up to help advisors and clients capitalize on the benefits of direct indexing WARRENVILLE, Ill.–(BUSINESS WIRE)–Alphathena, a leading fintech platform empowering advisors and institutions to deliver personalized investment experiences through real-time direct indexing, is excited to announce a new partnership with etf.com, the […]

Momentum Continues to Build for Capitolis Novations Platform with Record September

Record month includes $485 billion in Gross Notional reduced and 4,510 trades novated Growth driven by acceleration of FX prime brokers and buy-side joining the platform NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company helping to create safer and more vibrant capital markets, has continued to build strong momentum for its Novations platform. It recorded another record […]

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