New brand underscores company’s accelerated growth strategy and success in 2021 as Rule of 40+ SaaS Company approaching $250M in total revenue and Product Revenues now exceeding 60% MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, announces a new brand identity that centers around Majesco’s next-gen technology and […]
Hospitality Reopenings Drive XTM’s Second Consecutive Month of Record GDV With 54% and 6% Growth March and April Respectively MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased […]
Key facts New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities. Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as […]
EL SEGUNDO, Calif.–(BUSINESS WIRE)–Griffin Capital Company, LLC (“Griffin Capital”), a leading alternative investment manager based in El Segundo, California, has announced a partnership with iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, to make Griffin Capital Opportunity Zone Fund investment offerings more accessible […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#ConsumerLiquidity–Velocity Solutions announces a strategic partnership with DoubleCheck Solutions, a fintech company providing unique technology which puts overdraft and NSF decisions in the hands of the consumer. In this partnership, Velocity Solutions will integrate DoubleCheck’s technology into Velocity’s total Consumer Liquidity Engine™, comprised of its Intelligent Limit System® software and the CashPlease® […]
Northern Trust and Enfusion aim to simplify the operating infrastructure for mutual clients CHICAGO–(BUSINESS WIRE)–#assetmanagement–As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has established a relationship with Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native investment management software and services, to provide […]
New partnership will help businesses achieve ESG goals and incentivize suppliers to improve ESG behavior SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, has today announced its partnership with the business sustainability rating provider, EcoVadis. EcoVadis will provide ESG ratings for Taulia’s Sustainable Supplier Finance solution, allowing businesses in any industry globally […]
Fintech helps automate, prioritize collections and recovery processes for credit unions and banks ATLANTA–(BUSINESS WIRE)–#fintech—William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, has been selected by FIntegrate Technology for public relations services. The company selected the agency to assist in a complete rebrand, as well as design […]
The Mobile Bank Taps Mobile DevOps Company to Increase Frequency of Releases to App Stores, from Once Every Three Weeks to Nearly Once a Week, While Ensuring Strict Compliance Standards BERLIN, Germany & NEW YORK–(BUSINESS WIRE)–N26, the mobile bank that lets users in 24 markets control their accounts and debit cards from a mobile app, […]
Program will offer opportunity for those who are looking to build or rebuild their credit RICHMOND, Va.–(BUSINESS WIRE)–Mission Lane, a purpose-driven financial technology company, today announced the launch of the Mission Lane® Credit Builder Account, a new credit builder loan program aimed at setting consumers on the path to establishing strong credit. Mission Lane, working […]
Migration to Cloud enables seamless application and platform upgrades to keep them at the leading edge of market and customer expectations MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Crum & Forster has completed the upgrade and migration Majesco Billing for P&C on Majesco CloudInsurer®. […]
Integrated solution will unlock valuable working capital while helping to speed transactions and reduce borrowing costs MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank announced today that it has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. This collaboration – which comes at a time of unparalleled stress […]
With this achievement, the DMC has supported more than 20 POC & women-led startups, furthering its mission of shining a light on underrepresented founders NEW YORK–(BUSINESS WIRE)–The Diversity Marketing Consortium™ (DMC) announced it has reached the significant milestone of $1M worth of pro bono communications services provided to women and POC-led startups. Founded in July […]
Initial tests show potential for 19% more approvals, 22% reduced loss rate and 80% auto-decision rate NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that SECU (State Employees’ Credit Union of Maryland) is planning to implement its AI-powered credit decisioning platform. The deployment, scheduled for later this year, will enhance and […]
Partnership with Aspen Insurance and Markel Insurance Company brings Counterpart’s innovative risk management products and services to a broader market LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced the launch of their partnership with Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of industries and geographies. Aspen […]
Providing universal access to data, simplified AI and sophisticated decisioning technology, Provenir continues to broaden its partnership with Visa PARSIPPANY, N.J.–(BUSINESS WIRE)–Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services […]
NEW YORK–(BUSINESS WIRE)–CION Investments (CION), a leading manager and distributor of alternative investment solutions, and Man Group, a global active asset manager with $151.4 billion1 in AUM, announced today that they have partnered with iCapital2, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries. CION […]
RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today published its 2021 Corporate Responsibility Report Building a Brighter Tomorrow, which shares actions the company undertook in fulfilling its mission to help people achieve brighter financial futures. From providing free financial education curriculum to thousands of classrooms across the country, operating responsibly, and protecting the environment to bringing new jobs and […]
Pagaya, a financial technology company working to reshape the financial ecosystem, is helping DigniFi offer over 6,000 small businesses and their customers increased access to on-the-spot financing. SEATTLE–(BUSINESS WIRE)–DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing […]
Flowe, the environmentally-friendly Italian challenger bank, reaches 700,000 accounts GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast […]
Entersekt integrates NuData Security’s behavioral analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases CAPE TOWN, South Africa–(BUSINESS WIRE)–#3DSecure—Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security […]
Integrated, flexible platform designed to enhance and advance retirement plan engagements at no additional cost to financial professionals AUSTIN, Texas–(BUSINESS WIRE)–Industry leading wealth management platform, Kestra Financial, today announced the launch of Retirement Plan Enterprise (RPE) in partnership with Envestnet Retirement Solutions. Designed to elevate retirement plan solutions, RPE provides a comprehensive retirement plan practice […]
LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched a Nature-Based Solutions carbon credit futures contract (“NBS future”). The NBS future, which trades under the contract code NBT, physically delivers Verified Carbon Unit (VCU) credits certified under Verra’s Verified Carbon Standard (VCS) Agriculture, […]
Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform will allow […]
LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today reported preliminary financial results for its first quarter ended March 31, 2022. Three months ended March 31, 2022 highlights include: Revenue of approximately $32 million, an increase of 142%, from $13.2 million in the prior first fiscal […]
BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the […]
NEW YORK & MUMBAI, India–(BUSINESS WIRE)–#AdvancedAnalytics–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a ‘Leader’ by NelsonHall in all three market segments of Property & Casualty (P&C) Operations Transformation, including Claims Administration Capability, Customer/Distribution Service Administration Capability, and New Business […]
TAMPA, Fla. & LONDON–(BUSINESS WIRE)–#equityraise—CEA International LLP (“CEAI”) acting as advisor to GMEX Group Limited (“GMEX”) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount. The deal is expected to close during June 2022 subject to necessary approvals with participation from other strategic and institutional investors […]
LONDON–(BUSINESS WIRE)–#aml–Coinfirm is announcing the release of the AML Oracle, the smart contract-based AML compliance solution for the DeFi scene. Because DeFi protocols run on-chain smart contracts – meaning that any compliance layer needs the same format of technology required to interact with a DeFi provider through client smart contracts – a specially-tailored AML solution […]
ISG Provider Lens™ report finds insurers embracing different technologies and provider relationships based on their maturity and primary objectives STAMFORD, Conn.–(BUSINESS WIRE)–$III #AI–Insurance carriers increasingly are turning to outside providers for platforms and services to help them grow and compete in a rapidly changing industry, according to a new research report published today by Information […]
WASHINGTON & PORT AU PRINCE, Haiti–(BUSINESS WIRE)–EMTECH, a Central Bank Digital Currency (CBDC) Infrastructure provider based in the U.S. joined forces with HaitiPay, a fintech company in Haiti, to demo its first CBDC + Fintech Proof Of Concept and showcase the impact it can have on the Haitian economy. Both companies, led by Haitian women, […]
AIME expands key sponsorships with newly signed partnerships PHILADELPHIA–(BUSINESS WIRE)–#BrokersAreBetter–The Association of Independent Mortgage Experts (AIME) announced an update to its 2022 sponsors, including JMAC Lending, PowerTPO, and The Loan Store, totaling 26 wholesale industry partners committed to growing the broker channel. In an effort to continuously provide optionality to wholesale mortgage professionals, AIME has […]
Customizable platform solution meets unique needs of the Nation’s Largest Network of Independent Wealth Management Firms NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced its selection by Advisor Group to provide a platform solution for improved alternative investment access, education and transaction workflow. Advisor Group is the nation’s largest […]
Orbipay Push-to-Card enables businesses and financial institutions to deliver secure funds disbursements directly to a recipient’s debit card, in real-time PISCATAWAY, N.J.–(BUSINESS WIRE)–#digitalpayouts—Alacriti, a fintech company specializing in payments and money movement, today announced its new, fast push-to-card solution that enables businesses to disburse funds directly to their eligible debit cards—in real time—enabled by Visa […]
Delivered at the firm’s inaugural Jolt! conference, the awards recognize the best marketing and branding campaigns among financial advisers and fintech companies LAS VEGAS–(BUSINESS WIRE)–#AdvisorMarketing—Snappy Kraken, the MarTech innovator serving financial services professionals, today announced the recipients of its Jolt! awards, which recognized 10 of the best marketing campaigns, branding or other public relations initiatives […]
CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Commercial Lending team provided a $26 million financing package over the life of the relationship, including both a refinance of existing debt and new debt, to Modera Wealth Management, LLC […]
Early stage venture capital firm to use new funds to continue backing ambitious founders from all backgrounds NEW YORK & SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Valia Ventures (“Valia”), an early stage venture capital firm, today announced it has closed on $50M in commitments for an oversubscribed second fund (“Valia Ventures II”) to continue backing ambitious companies […]
Introducing Apex CODA Fuse, an on-demand auction product combining algorithmic trading with efficient liquidity—enabling a single order to trade with multiple counterparties NEW YORK–(BUSINESS WIRE)–No more disguising orders, no more waiting in line to trade one at a time, no more concentrating your volume to the beginning and end of the day (aka the “liquidity […]
Lynk Circle is a SaaS solution for organizations to efficiently discover and unlock knowledge that sits within their people networks NEW YORK & SINGAPORE–(BUSINESS WIRE)–Lynk, an AI-driven knowledge management platform, is proud to unveil Lynk Circle, a purpose-built SaaS solution that helps businesses and organizations find the right person with the right knowledge in their […]
Companies across industries around the globe increase their investment in customer experiences amid a challenging business environment Qualtrics is now the only platform that allows companies to listen, analyze and act on feedback from all sources to build deeper relationships with stakeholders PROVO, Utah & SEATTLE–(BUSINESS WIRE)–Qualtrics (Nasdaq: XM), the leader and creator of the […]
