Business Wire

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania thumbnail

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania

LONDON & VILNIUS, Lithuania–(BUSINESS WIRE)–Today, Ripple, the leader in enterprise blockchain and crypto solutions, announced a partnership with FINCI, the Lithuanian online international money transfer provider, to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages XRP for crypto-enabled cross border payments. FINCI is Ripple’s […]

Canadian Tire Bank Selects Temenos Open Platform to Gain Best-In-Class Digital Banking Capabilities thumbnail

Canadian Tire Bank Selects Temenos Open Platform to Gain Best-In-Class Digital Banking Capabilities

GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – has selected Temenos open platform for composable banking to replace its legacy systems. Temenos will help power Canadian Tire Bank’s growth by delivering faster to market and […]

Temenos Delivers Digital Banking Solutions on AWS thumbnail

Temenos Delivers Digital Banking Solutions on AWS

Temenos extends relationship with AWS to power digital banking cloud services with enhanced security, scalability and reliability GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) and Amazon Web Services (AWS), have extended their global relationship to run Temenos onboarding and origination solutions on AWS. The technology collaboration aims to allow all retail and commercial banks – incumbents and challengers […]

Levatas Raises $5.5 Million to Expand Development of Cognitive Intelligence for Robots and Drones that Inspect and Monitor Industrial Workplaces thumbnail

Levatas Raises $5.5 Million to Expand Development of Cognitive Intelligence for Robots and Drones that Inspect and Monitor Industrial Workplaces

Investment will be used to scale software development, hardware integrations, and expansion into new industries WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Levatas, developers of AI software that enables robots, drones, remote sensors, and fixed cameras to execute operational tasks at industrial sites, announced that it has raised $5.5 million in a seed round led by Castellan Group. […]

Fairstone Financial Inc. Extends Sagent Software Partnership Five Years to Power its Personal Loans Offerings thumbnail

Fairstone Financial Inc. Extends Sagent Software Partnership Five Years to Power its Personal Loans Offerings

Deal enables Canada’s leading provider of lending solutions to realize continued pursuit of consumer-first vision KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for North America’s top banks and lenders, today announced a five-year partnership extension with Fairstone Financial Inc. (“Fairstone”) to continue powering its personal loan servicing ecosystem. […]

MSP Recovery Sees Substantial Business Expansion Since Announcement of Its Business Combination Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Continued Innovation

MSP Recovery Sees Substantial Business Expansion Since Announcement of Its Business Combination Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Continued Innovation

CORAL GABLES, Fla.–(BUSINESS WIRE)–MSP Recovery, LLC (“MSP Recovery” or “MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II, a Delaware corporation (Nasdaq: LCAPU, LCAP, LCAPW, “Lionheart” or “LCAP”), today announced substantial business expansion through development of additional revenue stream, monetization of assignor interests, growth of assignors and existing […]

Keyfactor Partners with Fortanix to Simplify and Secure Machine Identity Management in Hybrid, Multi-Cloud Environments thumbnail

Keyfactor Partners with Fortanix to Simplify and Secure Machine Identity Management in Hybrid, Multi-Cloud Environments

Joint Solution Combines Certificate Lifecycle Automation and Robust Key Protection to Solve Multi-Cloud Certificate and Private Key Management Use Cases CLEVELAND & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Keyfactor, the machine and IoT identity platform for modern enterprises, today announced a technology integration with Fortanix, the data first multi-cloud security company and a Confidential Computing leader. The new […]

Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022 thumbnail

Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022

The digital identity leader will be joined by Mastercard and Liminal to kick off the identity track and demonstrate its award-winning 10-second KYC and onboarding solution NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, will be headlining the Data, Fraud, and Future of Identity track at the LendIt Fintech (Fintech Nexus) USA […]

Greenlight Announces Family Cash Card — the 3% Cash Back Credit Card to Help Parents Save for Their Kids’ College and Family’s Future thumbnail

Greenlight Announces Family Cash Card — the 3% Cash Back Credit Card to Help Parents Save for Their Kids’ College and Family’s Future

New survey reveals that 90% of parents wish they had more money saved for their children’s future ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, today announced the Greenlight Family Cash Mastercard®, a new credit card designed to help parents save for their kids’ college […]

Zimperium Closes Acquisition by Liberty Strategic Capital and will Accelerate Mission of Strengthening Mobile Security Worldwide thumbnail

Zimperium Closes Acquisition by Liberty Strategic Capital and will Accelerate Mission of Strengthening Mobile Security Worldwide

Former US Treasury Secretary Steven Mnuchin Leads Investment to Bolster the New Front Line for Cybersecurity: Mobile Threat Defense DALLAS–(BUSINESS WIRE)–Zimperium, the mobile security platform purpose-built for enterprise environments, today announced that it has closed its acquisition by Liberty Strategic Capital, the private equity firm founded and led by former U.S. Secretary of the Treasury […]

VoPay and TurnKey Lender Partner to Power Loan Automation and Digital Payments thumbnail

VoPay and TurnKey Lender Partner to Power Loan Automation and Digital Payments

In a market where lending sits at 9.5 trillion dollars in the U.S., VoPay and TurnKey Lender partner to deliver the most advanced payment processing solutions available for lenders. VANCOUVER, British Columbia–(BUSINESS WIRE)–#digitalpayments–Canadian based VoPay, a leading provider of integrated payment technology, is pleased to announce a strategic partnership with TurnKey Lender, a global leader […]

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers thumbnail

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers

Digital Mortgage Center from Fiserv empowers lenders to move consumers from loan application to appraisal in minutes BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is transforming the mortgage lending process with an intuitive digital platform, allowing anytime, anywhere engagement. Dynamic technology combined with a responsive […]

Vergent LMS Announces New Communications Capability Powered by TCN thumbnail

Vergent LMS Announces New Communications Capability Powered by TCN

RIDGELAND, Miss.–(BUSINESS WIRE)–Vergent LMS, a premier fintech lending platform, announced that it is partnering with TCN, Inc., a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies. Together the companies are providing a communications tool integration that will more easily connect lenders with borrowers via the Vergent […]

Ukrainian Self Reliance Michigan FCU Goes Live with Core, New Digital Tools Through MDT thumbnail

Ukrainian Self Reliance Michigan FCU Goes Live with Core, New Digital Tools Through MDT

Credit union elevates technology strategy through partnership with CUSO FARMINGTON HILLS, Mich.–(BUSINESS WIRE)– Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that Ukrainian Self Reliance Michigan FCU (USMFCU) has successfully implemented the Episys core […]

Lumiant Enters U.S. Market with Values-Based Financial Life Advice Platform thumbnail

Lumiant Enters U.S. Market with Values-Based Financial Life Advice Platform

Service helps financial professionals strengthen current and next-gen client relationships while fueling referral growth CHICAGO–(BUSINESS WIRE)–#Advisors—Lumiant, an advice and ​client engagement platform that empowers advisors to connect with families around their values and money goals to make better choices and live their best financial lives, today announces its launch in the United States. Lumiant currently […]

European Compaynet Partners with TreviPay to Expand Embedded Payments Solution with B2B Trade Credit thumbnail

European Compaynet Partners with TreviPay to Expand Embedded Payments Solution with B2B Trade Credit

TreviPay’s payments solution now integrated with Compaynet’s European platform to offer instant credit terms for B2B merchants OVERLAND PARK, Kan.–(BUSINESS WIRE)–Global financial technology company TreviPay today announced it has partnered with Compaynet Ltd, a global provider of payment processing solutions, to power its B2B trade credit offering. Furthering its mission to simplify e-commerce payments, Compaynet […]

BNPL 2.0 Comes to America - Zilch Reinventing Installment-Payments Plans, With No Interest or Late Charges and Cashback Rewards thumbnail

BNPL 2.0 Comes to America – Zilch Reinventing Installment-Payments Plans, With No Interest or Late Charges and Cashback Rewards

Offers First-Of-Its-Kind Reciprocal Credit Reporting Relationship with Experian, Providing Greater Transparency Around Customer Affordability Launches With Over 150,000 Pre-Registered Customers MIAMI–(BUSINESS WIRE)–#Fintech—Zilch, a next-generation payments and Buy Now, Pay Later (BNPL) platform, with a BNPL 2.0 business model that works directly with consumers and features no fees or late charges along with 2% instant cashback […]

Better Together: TELUS International Campaign Launches to Help Brands Find the Right Partner to Implement, Enhance and Scale Digital CX Services and Programs thumbnail

Better Together: TELUS International Campaign Launches to Help Brands Find the Right Partner to Implement, Enhance and Scale Digital CX Services and Programs

In 2022, 84% of enterprise technology executives plan to work with an external provider in some capacity to achieve their companies’ customer experience objectives VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions for global and disruptive brands, today launched its Better […]

FRISS Accelerator for Underwriting Risk Assessment Now Available in Guidewire Marketplace thumbnail

FRISS Accelerator for Underwriting Risk Assessment Now Available in Guidewire Marketplace

Automated risk assessment helps insurers enhance their underwriters’ capabilities which results in cost reductions throughout the underwriting process, fraud prevention, and automation of their risk assessment. This facilitates a smooth and fast customer journey and helps insurers maintain a healthy portfolio. MASON, Ohio–(BUSINESS WIRE)–#AI–FRISS, the world’s most implemented AI-powered fraud, risk and compliance solution provider […]

BforBank Chooses Temenos on Google Cloud to Power Future Expansion thumbnail

BforBank Chooses Temenos on Google Cloud to Power Future Expansion

Temenos open platform for composable banking will open up new opportunities for pioneering digital bank GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that BforBank, the fully digital bank of the Crédit Agricole Group, has selected Temenos open platform for composable banking to support future expansion. The bank is moving from an on-premise implementation to using Temenos […]

Vint Brings Wine Futures to the World thumbnail

Vint Brings Wine Futures to the World

Innovative Fintech Platform Introduces a New Way for Wine Producers of All Sizes to Manage Cash Flows and Grow Their Business with Non-Dilutive Capital RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC-qualified and fully transparent platform for wine and spirits collection investing, today launched the first-of-its-kind opportunity to invest in wine futures. Vint’s first “Vint En Primeur” […]

Classiq Announces Strategic Investment from Global Business Leaders HSBC, NTT Finance, Neva SGR (Intesa Sanpaolo Group) thumbnail

Classiq Announces Strategic Investment from Global Business Leaders HSBC, NTT Finance, Neva SGR (Intesa Sanpaolo Group)

New Investments Demonstrate Shared Interest in and Strategic Importance of Quantum Computing TEL AVIV, Israel–(BUSINESS WIRE)–Classiq, the leader in quantum software development, today announced the participation of three industry leaders – HSBC, NTT Finance, and Intesa Sanpaolo – in the second closing of its Series B funding. This comes on the heels of its earlier […]

Behavox Research on Continual Learning Featured in International Conference on Acoustics, Speech and Signal Processing (ICASSP) thumbnail

Behavox Research on Continual Learning Featured in International Conference on Acoustics, Speech and Signal Processing (ICASSP)

Prestigious Industry Honor for Behavox’s Voice Platform MONTREAL–(BUSINESS WIRE)–Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that its academic research paper on artificial intelligence “Continual learning using lattice-free MMI for speech recognition” has been accepted by the International […]

Infinity Ventures Launches Inaugural $158 Million Fund Dedicated to Global Fintech Investing thumbnail

Infinity Ventures Launches Inaugural $158 Million Fund Dedicated to Global Fintech Investing

Former PayPal leaders Jeremy Jonker, Jay Ganatra, and Mario Ruiz form fund to back the builders of fintech infrastructure and commerce enablement SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Infinity Ventures, an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund. The capital will fuel Infinity […]

CI Global Asset Management Advances Technology Toolkit with CapIntel thumbnail

CI Global Asset Management Advances Technology Toolkit with CapIntel

Wealth management technology enables wealth firms to provide enhanced services leading to outsized growth. In recognizing the value of CapIntel’s sophisticated platform, CI Global Asset Management continues to keep a pulse on leading FinTech. TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors, today announced a […]

Sofinnova Partners and Apollo Form Strategic Partnership in Life Sciences thumbnail

Sofinnova Partners and Apollo Form Strategic Partnership in Life Sciences

Apollo expands its growth ecosystem by acquiring a minority stake in pioneering life sciences venture capital firm and providing up to €1 billion of capital commitments Sofinnova Partners poised to accelerate growth with additional capital and global strategic partner NEW YORK & PARIS–(BUSINESS WIRE)–Apollo (NYSE: APO) and Sofinnova Partners (“Sofinnova”), a leading European life sciences […]

Toast and US Foods Renew Strategic Partnership to Help Restaurants Streamline Operations and Thrive thumbnail

Toast and US Foods Renew Strategic Partnership to Help Restaurants Streamline Operations and Thrive

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform purpose-built for the entire restaurant community, today announced the renewal of its strategic partnership with US Foods (NYSE: USFD), a leading foodservice distributor that works with approximately 250,000 restaurants and foodservice operators across the US. Toast and US Foods share core values of helping restaurants succeed. The […]

Sustain.Life, Co-Founded by Former Jet.com and Walmart Executives, Raises $16M to Empower SMEs to Take Climate Action thumbnail

Sustain.Life, Co-Founded by Former Jet.com and Walmart Executives, Raises $16M to Empower SMEs to Take Climate Action

Sustain.Life is a new, fast growing software platform that helps businesses measure, manage and report their carbon emissions and environmental impact Co-led by both Tapestry VC and Jet.com co-founder Mike Hanrahan, this Seed funding round will enable Sustain.Life to accelerate its hiring, software development and customer acquisition NEW YORK–(BUSINESS WIRE)–Sustain.Life, the platform empowering small- and […]

Discover Bank Ranks Highest in Customer Satisfaction With Checking Accounts for Direct Retail Banks by J.D. Power thumbnail

Discover Bank Ranks Highest in Customer Satisfaction With Checking Accounts for Direct Retail Banks by J.D. Power

  RIVERWOODS, Ill.–(BUSINESS WIRE)–The Discover Bank checking account tied for first place in customer satisfaction with a score of 715, according to the J.D. Power 2022 U.S. Direct Banking Satisfaction Study. Additionally, Discover’s Online Savings Account ranked second with a score of 717. “For years we have been launching enhancements and new features for our […]

ADDING and REPLACING First All Female-Founded Investment Platform, LUXUS, Gives Investors Opportunity to Invest in Rare Diamonds and Gems thumbnail

ADDING and REPLACING First All Female-Founded Investment Platform, LUXUS, Gives Investors Opportunity to Invest in Rare Diamonds and Gems

Backed by Veronica M. Beard, current and former Blackstone executives, and other notable investors, LUXUS will partner with Kwiat/Fred Leighton to launch inaugural rare Argyle pink diamond NEW YORK–(BUSINESS WIRE)–Add disclaimer text after last paragraph of release. The updated release reads: FIRST ALL FEMALE-FOUNDED INVESTMENT PLATFORM, LUXUS, GIVES INVESTORS OPPORTUNITY TO INVEST IN RARE DIAMONDS […]

Verimatrix Key Shield Enhancements Streamline SoftPOS Security Implementations and Bolster Threat Defenses

Verimatrix Key Shield Enhancements Streamline SoftPOS Security Implementations and Bolster Threat Defenses

Award-wining cryptographic Key Shield toolkit adds support for Remote Key Injection using the TR-31 key block and AES DUKPT, ideal for financial institutions, point-of-sale integrators and fintech AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced that Verimatrix Key […]

TAG’s Fintech South Returns In-Person, June 14 – 15, 2022 thumbnail

TAG’s Fintech South Returns In-Person, June 14 – 15, 2022

Region’s Largest Fintech Conference Focuses on Revolution, Responsibility and Opportunity ATLANTA–(BUSINESS WIRE)–Fintech South, the southeast’s largest event dedicated to financial innovation, returns in person after two years on the virtual stage. In its fifth year, the event will take place on June 14 and June 15 at the Georgia World Congress Center in downtown Atlanta. […]

Synctera Expands Partnership With Mastercard thumbnail

Synctera Expands Partnership With Mastercard

Mastercard will provide Synctera-powered FinTech innovators fast account verification SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, is expanding its partnership with Mastercard by integrating Mastercard’s open banking platform (provided by Mastercard’s wholly owned subsidiary, Finicity) to provide account verification solutions for Synctera-powered FinTechs. The addition of […]

doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go thumbnail

doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go

doola launches banking product for global founders: doola helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax filings. New banking product supports founders on every continent, with no US SSN required, and no visit to the US required. US monthly business applications are over 400,000 per month […]

Maternal Health Startup Mahmee Raises $9.2M Series A Led by Goldman Sachs Asset Management thumbnail

Maternal Health Startup Mahmee Raises $9.2M Series A Led by Goldman Sachs Asset Management

Mahmee addresses disparities in maternal healthcare, significantly reducing premature births and Cesarean sections LOS ANGELES–(BUSINESS WIRE)–#digitalhealth—Mahmee, a maternal healthcare startup, today announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management. The round also features participation from existing investors including Revolution’s Rise of the […]

Futuregrowth Asset Management Adopts Charles River® for Managing Fixed Income Strategies thumbnail

Futuregrowth Asset Management Adopts Charles River® for Managing Fixed Income Strategies

LONDON–(BUSINESS WIRE)–#assetmanagement–Charles River Development, a State Street Company, today announced that Futuregrowth Asset Management (Pty) Ltd. (FGAM), a South African Asset Manager, has selected the Charles River Investment Management Solution (Charles River IMS) as their new front office investment system. Charles River IMS provides a unified platform for risk and portfolio management, trading and collateral […]

Simplify First Notice of Loss with Zelros’ New Guidewire Marketplace App thumbnail

Simplify First Notice of Loss with Zelros’ New Guidewire Marketplace App

PARIS & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #ClaimCenter–Guidewire (NYSE: GWRE) and Zelros, an InsurTech offering a platform for personalized recommendations, announced that Zelros’ new Ready for Guidewire validated accelerator for ClaimCenter is now available to users in the Guidewire Marketplace. Insurance customers crave a fast, easy claims experience. According to J.D. Power’s 2021 Auto Claims Satisfaction […]

Airwallex and Onlineone’s New NetSuite Bank Feed Integration Simplifies Reconciliation of Business Expenses thumbnail

Airwallex and Onlineone’s New NetSuite Bank Feed Integration Simplifies Reconciliation of Business Expenses

MELBOURNE, Australia–(BUSINESS WIRE)–Building on its growing suite of accounting integrations, global fintech Airwallex announces a new bank feed integration with leading accounting software NetSuite, developed in partnership with Onlineone, a NetSuite Solution Partner. From today, Airwallex’s customers in Australia, Hong Kong, EMEA and the US will be able to automatically synchronise transactions in their NetSuite […]

Axos Bank Business Interest Checking Named America’s Best Business Checking Account for Two Consecutive Years thumbnail

Axos Bank Business Interest Checking Named America’s Best Business Checking Account for Two Consecutive Years

WalletHub’s editors compared more than 250 small business checking and savings accounts SAN DIEGO–(BUSINESS WIRE)–For the second year in a row, Axos Bank’s Business Interest Checking account is America’s Best Business Checking Account Overall. Editors of the personal finance website WalletHub chose Axos Bank after evaluating more than 250 checking and savings accounts to find […]

TCP Software Announces On-Demand Pay Partnership with Clair thumbnail

TCP Software Announces On-Demand Pay Partnership with Clair

AUSTIN, Texas–(BUSINESS WIRE)–#earnedwageaccess—TCP Software, a leading provider of workforce management and time and labor solutions, unveiled today a new partnership with Clair, a leading on-demand pay app and social impact fintech. Starting later this year, TCP’s customers who use TCP’s TimeClock Plus and Humanity Scheduling solutions will be able to offer free on-demand pay to […]

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