Business Wire

SRM (Strategic Resource Management) Welcomes Former Director of Payments at NatWest Marion King to International Advisory Board thumbnail

SRM (Strategic Resource Management) Welcomes Former Director of Payments at NatWest Marion King to International Advisory Board

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, today announces that Marion King has joined its International Advisory Board. King’s 25 years of experience and leadership roles at Mastercard, Vocalink, and Reuters, as well as several other non-executive director positions, will help […]

Tassat Announces Key Appointments Amid Demand for Blockchain-Based Banking Solutions thumbnail

Tassat Announces Key Appointments Amid Demand for Blockchain-Based Banking Solutions

Newly stacked roster includes executives from J.P. Morgan, BofA Merrill Lynch, Fiserv and the London Stock Exchange Group NEW YORK–(BUSINESS WIRE)–Tassat® Group Inc., the leading provider of real-time, blockchain-based payments solutions for commercial banks and their B2B customers, today announced several appointments to bolster its leadership team in response to growing demand for Tassat’s innovative […]

Merchant’s PACT Collaborates with Jack Henry to Integrate Merchant Processing into Digital Banking, Modernizing Merchant Services Programs for Regional and Community Financial Institutions thumbnail

Merchant’s PACT Collaborates with Jack Henry to Integrate Merchant Processing into Digital Banking, Modernizing Merchant Services Programs for Regional and Community Financial Institutions

Accountholders are empowered with a digital platform for instant merchant processing offers, streamlined communication, and insightful analytics to manage their merchant processing accounts. LOUISVILLE, Ky.–(BUSINESS WIRE)–#SaaS–Merchant’s PACT, a fintech payments company that analyzes and streamlines merchant services and accountholder data through core and digital platform integrations, announced MPACT Offers is now accessible through Jack Henry’s […]

WealthTech Abbove Supports Quintet Private Bank to Bring Digital Wealth Planning to Their Private Banking Clients in Belgium thumbnail

WealthTech Abbove Supports Quintet Private Bank to Bring Digital Wealth Planning to Their Private Banking Clients in Belgium

BRUSSELS–(BUSINESS WIRE)–The Belgian solution provider Abbove, an emerging leader in the digital transformation of the wealth management industry, announces its partnership with Quintet Group’s Belgian branch Puilaetco to provide digital wealth planning services to their private banking clients. With the opportunity of expanding services to up to six new European countries, including the Netherlands, Denmark, […]

B2Broker Adds cTrader to Its White Label Platform Solutions thumbnail

B2Broker Adds cTrader to Its White Label Platform Solutions

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#B2BX—B2Broker is excited to introduce White Label cTrader, a new ready-made platform solution. Using the new product, brokers can access a wide range of features offered by the cTrader platform that can enhance their business growth and offer their customers comprehensive trading services. About cTrader White Label White Label cTrader offers […]

Berkadia Signs Multiyear Agreement With Esusu thumbnail

Berkadia Signs Multiyear Agreement With Esusu

Berkadia and Esusu partner to help over 5,300 residents establish a financial identity NEW YORK–(BUSINESS WIRE)–Berkadia announced today that it signed an agreement with Esusu, the leading financial technology company leveraging rental data for credit building. This partnership unlocks greater equity for renters, improves property performance for multifamily owners and operators and reduces lender risk. […]

ThetaRay AI Tech to Monitor African Payments for ARCA thumbnail

ThetaRay AI Tech to Monitor African Payments for ARCA

Nigerian fintech selects SONAR SaaS solution for AML and sanctions screening to create new revenue opportunities and boost customer service NEW YORK & TEL AVIV, Israel & LAGOS, Nigeria–(BUSINESS WIRE)–ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money […]

Standard Chartered completes industry-first pilot of Trade Financing Validation Service provided by MonetaGo over SWIFT thumbnail

Standard Chartered completes industry-first pilot of Trade Financing Validation Service provided by MonetaGo over SWIFT

SINGAPORE–(BUSINESS WIRE)–Standard Chartered has successfully completed an industry-first pilot testing of the Trade Financing Validation Service provided by MonetaGo over SWIFT, to mitigate the risks of duplicate trade finance fraud on a global scale. With a view to effectively detecting, deterring and preventing duplicate financing, the Trade Financing Validation Service powered by fintech MonetaGo’s Secure […]

RegTech Scale-Up SteelEye Raises $21M in Round Led by Ten Coves Capital to Accelerate Growth and Meet Demand for Holistic Compliance Solutions thumbnail

RegTech Scale-Up SteelEye Raises $21M in Round Led by Ten Coves Capital to Accelerate Growth and Meet Demand for Holistic Compliance Solutions

The Series B funding takes SteelEye’s total capital raised to $43M and will support accelerated growth plans and expansion into North America. Increasing regulatory and cost pressures are driving a switch to cloud-based compliance platforms in North America as more financial firms look to replace siloed systems and legacy technology. SteelEye’s holistic platform is unique […]

Intuit Hosts Annual Investor Day on Sept. 29 thumbnail

Intuit Hosts Annual Investor Day on Sept. 29

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, will host its annual Investor Day on Sept. 29 at 8:00 a.m. Pacific time, at its headquarters in Mountain View, CA. Chief Executive Officer Sasan Goodarzi and Chief Financial Officer Michelle Clatterbuck will be joined by […]

Charles C.Y. Chen Gives NYU Stern $20 Million to Establish the Chao-Hon Chen Institute for Global Real Estate Finance at the School thumbnail

Charles C.Y. Chen Gives NYU Stern $20 Million to Establish the Chao-Hon Chen Institute for Global Real Estate Finance at the School

–Largest Gift for an Institute at Stern Supports New Initiatives in Areas Disrupting Real Estate Alongside Global Expansion in Research, Industry Engagement, and Immersive Learning for Students NEW YORK–(BUSINESS WIRE)–Today New York University Stern School of Business announced a $20 million gift from alumnus and Stern Executive Board member Charles C.Y. Chen (MBA ’91) to […]

Buckle Selects Origami Risk Platform to Enhance Policy Administration thumbnail

Buckle Selects Origami Risk Platform to Enhance Policy Administration

JERSEY CITY, N.J.–(BUSINESS WIRE)–#CoreSolutions—Buckle, the financial services company providing auto insurance solutions for the gig economy, has selected Origami Risk’s multi-tenant SaaS P/C platform to support policy administration, billing, and advanced analytics for its auto insurance programs. In addition to providing technology-based tools and functionality, Origami’s platform will enable Buckle to deliver more robust services […]

Funding Circle and Affinity Plus Federal Credit Union Partner to Improve Credit Access for Small Business Owners thumbnail

Funding Circle and Affinity Plus Federal Credit Union Partner to Improve Credit Access for Small Business Owners

Affinity Plus is the first credit union investor in loans originated by Funding Circle and the latest community-focused institution to partner with the leading online small business lending platform DENVER & ST. PAUL, Minn.–(BUSINESS WIRE)–#AffinityPlus—Funding Circle, the leading online platform for small business loans, and Affinity Plus Federal Credit Union (Affinity Plus), a Minnesota-based credit […]

Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud thumbnail

Definity Becomes the First Canadian P&C Insurer to Transition Core Insurance Platform to Guidewire Cloud

New Cloud Solution Allows Agility, Scale, and Innovation While Enhancing Security WATERLOO, Ontario & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireCloud—Definity Financial Corporation (“Definity”) (TSX: DFY) and Guidewire (NYSE: GWRE) announced that Definity has successfully transitioned the Economical digital broker offering, Vyne, and its digital direct platform, Sonnet, to the latest cloud-based technologies. As the first Canadian […]

Akulaku Establishes Partnership with Alipay+ To Make Cross-Border Shopping More Accessible for Consumers thumbnail

Akulaku Establishes Partnership with Alipay+ To Make Cross-Border Shopping More Accessible for Consumers

Akulaku PayLater is the first BNPL wallet in Southeast Asia to partner with Alipay+ SINGAPORE–(BUSINESS WIRE)–Akulaku (“Akulaku” or “the Company”), a leading banking and digital finance platform in Southeast Asia, today announced the Akulaku PayLater partnership with Alipay+, which will allow Indonesian consumers to use its BNPL solution Akulaku PayLater at Alipay+’s global merchants. Alipay+, […]

Padma Ravichander Closes the First Round of Acquisition of Tecnotree Corporation Shares from Fitzroy Investments Limited thumbnail

Padma Ravichander Closes the First Round of Acquisition of Tecnotree Corporation Shares from Fitzroy Investments Limited

ESPOO, Finland–(BUSINESS WIRE)–In pursuance to the release dated 3rd June 2022, Padma Ravichander, the CEO of Tecnotree Corporation (“Tecnotree”) and Fitzroy Investments Limited (“Fitzroy”) have today entered into a definitive agreement wherein Fitzroy will sell the first tranche of 7,500,000 shares of Tecnotree to Padma Ravichander for a purchase price of EUR 0.74 per share, […]

New Study by Q2 Reveals Innovation Gap for Banks and Credit Unions thumbnail

New Study by Q2 Reveals Innovation Gap for Banks and Credit Unions

The report highlights financial institutions’ growing need for fintech partnerships to accelerate innovation and growth AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the release of its new report on bank innovation and digital evolution. The study reveals that developing partnerships with fintech […]

Usio Announces Unique Point-of-Sale Credit Solution for Businesses, Implemented Without Any Lending Risk for Usio thumbnail

Usio Announces Unique Point-of-Sale Credit Solution for Businesses, Implemented Without Any Lending Risk for Usio

Studies show instant credit at point-of-sale and buy-now-pay-later is preferred by consumers over the use of credit cards SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc: (Nasdaq:USIO), a leading FinTech integrated payment solutions provider, today announced implementing its new Point-of-Sale Credit solution, enabling businesses to offer instant credit to their customers without absorbing any of the risks of consumer […]

Genesis Global Opens Software Development Center in Bengaluru thumbnail

Genesis Global Opens Software Development Center in Bengaluru

New office enhances global service offered by Genesis MIAMI & BENGALURU, India–(BUSINESS WIRE)–#financialservices—Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced the opening of its new office in Bengaluru, the fintech capital of India and one of the largest fintech centers in the world. The new office is the latest […]

iCapital® and Ares Wealth Management Solutions Expand Partnership thumbnail

iCapital® and Ares Wealth Management Solutions Expand Partnership

Provides financial advisors broader access to Ares’ alternative investment solutions via multiple distribution channels NEW YORK–(BUSINESS WIRE)–iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Ares Wealth Management Solutions (“AWMS”) announced today an expansion of their partnership to provide financial advisors and registered […]

Independent Research Firm Recognizes Temenos as a Leader in Digital Banking Processing Platforms for Corporate Banking Report thumbnail

Independent Research Firm Recognizes Temenos as a Leader in Digital Banking Processing Platforms for Corporate Banking Report

According to the report, “Temenos sets the pace in AI-powered banking capabilities and application architecture” with a strategy that “shows no weak spots” GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that it has been recognized as a leader in The Forrester Wave™: Digital Banking Processing Platforms for Corporate Banking, Q3 2022. Temenos believes that its […]

FPT Software Opens New Office in Denmark, Targeting Nordic Region thumbnail

FPT Software Opens New Office in Denmark, Targeting Nordic Region

COPENHAGEN, Denmark–(BUSINESS WIRE)–#Denmark–FPT Software, Vietnam’s leading IT solutions provider, recently announced the opening of its first office in the Scandinavian region and the 59th office internationally. Within the framework of the Vietnam – Denmark Business Forum, FPT Software and Vido Group, Vietnam’s leading travel services provider, had a joint ribbon-cutting ceremony, marking both companies’ first […]

Mobility Fintech Moove Joins Forces With Uber UK to Bring Thousands of Electric Vehicles to London

Mobility Fintech Moove Joins Forces With Uber UK to Bring Thousands of Electric Vehicles to London

LONDON–(BUSINESS WIRE)–Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing its launch in London as part of its global expansion. Moove, an African-born startup with a growing global customer base of mobility entrepreneurs, has launched in Europe with a 100% EV rent-to-buy model that provides access to brand […]

CommercePayments® Partners with FISPAN to Offer Commerce Connections® Direct thumbnail

CommercePayments® Partners with FISPAN to Offer Commerce Connections® Direct

Seamless integration of Payments and Banking to Enterprise Resource Planning (ERP) and accounting software KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bank is pleased to announce the launch of Commerce Connections® Direct, developed in collaboration with FISPAN, a leading North American fintech, to offer embedded banking within customers’ Enterprise Resource Planning (ERP) systems to automate processes, payments and […]

PayNearMe Expands Footprint with Approval to Process Online Sports Betting Payments in Kansas thumbnail

PayNearMe Expands Footprint with Approval to Process Online Sports Betting Payments in Kansas

As Kansas residents begin placing wagers, five Kansas sports betting apps go live on PayNearMe SANTA CLARA, Calif.–(BUSINESS WIRE)–PayNearMe, a fast-growing fintech company enabling iGaming and sports betting operators to deliver the best possible player experience around deposits, withdrawals and engagements using a single platform, today announced it has been approved by the Kansas Racing […]

Tecnotree Signs a Multi-Million Dollar Deal with MTN Nigeria, for 5G Digital Transformation thumbnail

Tecnotree Signs a Multi-Million Dollar Deal with MTN Nigeria, for 5G Digital Transformation

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a Finnish global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), has today announced the signing of a multi-million-dollar deal with MTN Nigeria, for the deployment of its 5G ready digital BSS solutions. The operator is aiming towards providing cutting-edge digital services and they have […]

Politecnico di Milano and NHOA Group to Strengthen Their Historic Partnership

Politecnico di Milano and NHOA Group to Strengthen Their Historic Partnership

Joint Research Center signed with the prestigious Milanese University PARIS–(BUSINESS WIRE)–Regulatory News: NHOA Group (NHOA.PA, formerly Engie EPS) (Paris:NHOA) and Politecnico di Milano are pleased to announce the signing of an agreement for the establishment of a Joint Research Center (JRC) with the aim of developing innovation, research and training initiatives in the Energy sector […]

Indian Oil Corporation Limited Enhances Customer Payment Experience with Fiserv thumbnail

Indian Oil Corporation Limited Enhances Customer Payment Experience with Fiserv

MUMBAI, India–(BUSINESS WIRE)–Indian Oil Corporation Limited, India’s flagship national energy major, has collaborated with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enhance customer payment experiences and streamline its operations. IndianOil customers can now pay with their choice of multiple payment platforms through smart POS terminals deployed […]

Climate First Bank Selects Prelim to Enhance Digital Business Banking Experience thumbnail

Climate First Bank Selects Prelim to Enhance Digital Business Banking Experience

SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a fintech provider optimizing digital banking experiences for financial institutions, announced that Climate First Bank has selected its solution to enhance online banking experiences for its business account holders. Specifically, through Prelim’s flexible, low-code solution, the bank will be able to offer a streamlined, simplified digital account opening process for business owners. […]

Choice Partners with Wix for ACH Payments thumbnail

Choice Partners with Wix for ACH Payments

Wix U.S. Business Owners Can Integrate Choice’s ACH Payment Acceptance Option and Receive Payments Directly in their Bank Accounts HARTFORD, Conn.–(BUSINESS WIRE)–#ACH—Choice Inc., a leading global payments platform, and Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced a partnership enabling Wix merchants in the […]

Potomac’s Model Strategies Join Altruist Model Marketplace

Potomac’s Model Strategies Join Altruist Model Marketplace

MIAMI–(BUSINESS WIRE)–Potomac Fund Management, Inc. (“Potomac”), an investment strategist, is pleased to announce that its model strategies are now available at Altruist, an all-in-one custodial solution and software built for modern advisors and their clients. Potomac increased its reach this summer by adding its strategies to four additional platforms within three months. This news of […]

Pecan AI More Than Doubles Revenue in the First Half of 2022 thumbnail

Pecan AI More Than Doubles Revenue in the First Half of 2022

The predictive analytics platform now generates over a billion predictions monthly, positively impacting mission critical operations and billions in revenue for customers NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pecan AI, the leader in AI-based predictive analytics for BI analysts and business teams, today announced significant growth in the first half of 2022, including Annual Recurring […]

XTM Signs New Vertical With Multiple Franchisees of One of the Largest On-Demand Refuse Pick-Up Networks thumbnail

XTM Signs New Vertical With Multiple Franchisees of One of the Largest On-Demand Refuse Pick-Up Networks

XTM To Administer Drivers With Same-Day Payment Through Its Today™ Platform MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech—XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech innovator disseminating earned wages and providing gratuities access to service workers primarily in the hospitality, personal care and service worker space, is pleased […]

VerSprite Adds Stellar Cyber Open XDR Platform to Its Threat Management Arsenal thumbnail

VerSprite Adds Stellar Cyber Open XDR Platform to Its Threat Management Arsenal

Stellar Cyber Platform Works with PASTA Threat Modeling Methodology to Identify and Stop Specific Threats in Each Client’s Environment SANTA CLARA, Calif.–(BUSINESS WIRE)–#ai–Stellar Cyber, the innovator of Open XDR, and VerSprite, an Atlanta-based cybersecurity threat management consultancy and service provider, today announced that VerSprite has adopted Stellar Cyber’s Open XDR platform as the core of […]

Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform thumbnail

Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform

Credit union experiences successful conversion and effectively implements unified banking technology TROY, Mich.–(BUSINESS WIRE)–#creditunions—Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s members. […]

Gresham Worldwide, a BitNile Holdings Subsidiary, Books New Orders Exceeding $10.0 Million in the Second Quarter of 2022 thumbnail

Gresham Worldwide, a BitNile Holdings Subsidiary, Books New Orders Exceeding $10.0 Million in the Second Quarter of 2022

Global military tensions and strong operating performance increase bookings by 23% LAS VEGAS–(BUSINESS WIRE)–$AP #BITMAIN—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announces that its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide” or “Gresham”), increased booked orders for new business from $8.1 million in the first quarter ended […]

Banco Santander to Rollout Trovata to Automate Cash Forecasting & Liquidity Management for Corporate Clients thumbnail

Banco Santander to Rollout Trovata to Automate Cash Forecasting & Liquidity Management for Corporate Clients

Trovata to support large scale platform deployments in European and LATAM markets LONDON–(BUSINESS WIRE)–Trovata, the leading fintech in automating cash workflows through multi-bank API data aggregation for corporate finance and treasury teams, announced today a global distribution agreement with Santander. Through the partnership, Santander will market & refer Trovata’s cash management platform to its corporate […]

Moove Signs Agreement with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Across Africa thumbnail

Moove Signs Agreement with MUFG and Suzuki to Promote Financial Inclusion for Mobility Gig Workers Across Africa

TUNIS, Tunisia–(BUSINESS WIRE)–Moove, the world’s first mobility fintech, today announced the signing of a Memorandum of Understanding [MoU] with MUFG, one of the world’s leading financial groups and Suzuki, one of the world’s leading suppliers of vehicles to mobility businesses. Through this MoU, Moove, which provides revenue-based financing to mobility entrepreneurs, aims to advance financial […]

Resurgens and Knack Announce Partnership to Accelerate Growth in its No-Code Software Development Platform thumbnail

Resurgens and Knack Announce Partnership to Accelerate Growth in its No-Code Software Development Platform

Resurgens adds Knack as a platform investment; Knack also announces software executive Derek Hutson placed as CEO and Brandon Griggs named CTO ATLANTA–(BUSINESS WIRE)–Resurgens Technology Partners, a software-focused private equity firm, together with Knack, a no-code software development platform, are pleased to announce Resurgens’ investment in Knack. As a result of the partnership, Knack will […]

Karan Mehandru Joins Madrona as a Managing Director thumbnail

Karan Mehandru Joins Madrona as a Managing Director

Experienced venture investor and operating executive joins Madrona as a Managing Director, expanding full-stack venture capacity to partner with founders across all stages; Firm opens office in Silicon Valley SEATTLE–(BUSINESS WIRE)–Madrona Venture Group today announced that Karan Mehandru is joining the firm’s investment team as a Managing Director. With fifteen years of experience as a […]

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