Business Wire


Q2 Modernizes Commercial Banking with Q2 Catalyst

Q2 enhances the commercial banking journey with a broad portfolio of digital solutions to enable financial institutions to transform their business client experience AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the introduction of Q2 Catalyst, a broad suite of commercial banking solutions designed […]

Cross River and Bridgeton Capital Partner for Tech-Driven Commercial Real Estate Lending Platform

Closed-loop lending program will modernize Commercial Real Estate industry FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that its Commercial Real Estate (CRE) team has partnered with Erithmitic d/b/a Bridgeton Capital, a tech-enabled and data driven commercial real estate lending platform, for an end-to-end […]

Akoya Is the First Third-Party Service Provider for Tokenized Payments

Tokenizing bank account information eliminates the need for consumer account numbers to be shared or stored when used for payments – a significant step forward in ensuring privacy and security. BOSTON–(BUSINESS WIRE)–#akoya–Akoya is the first third-party service provider to provide access to the Secure Token Exchange (STE), a new optional capability from The Clearing House […]

MDT Recognized by NACUSO as 2022 CUSO of the Year

CUSO awarded for providing substantial value to credit unions and their members 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, has been named by NACUSO as the 2022 CUSO of the Year. Winners […]

Drawbridge Rebrands to Highlight its Evolution and Commitment to Client Centricity and Innovation

New brand reflects Drawbridge’s position as the cybersecurity authority for financial services firms NEW YORK & PALM BEACH GARDENS, Fla. & LONDON–(BUSINESS WIRE)–Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today unveiled its new corporate brand identity reflecting the company’s evolution into a modern technology partner for more than […]

Ownwell Closes $5.75M Seed Funding Round to Make Property Ownership Costs More Equitable

First Round Capital led the round; additional investors include Wonder Ventures, Founder Collective, Long Journey Ventures and former PayPal board member Scott Banister Previously known as realAppeal, Ownwell combines local expert knowledge with machine learning to create the most technologically advanced tax protest firm Customer base has grown by 40x in the last nine months; […]

BitNile Holdings Issues April Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics mentioned in this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production […]

BitNile Holdings’ Subsidiary, TurnOnGreen, to Help Power the Future Platform of Broadband and Cable Technology

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and global power electronics subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), through its wholly owned subsidiary, Digital Power Corporation (“DPC”), was recently awarded a contract from a global leader in Distributed Access Architecture to develop a […]

Grab-led Digibank Consortium Selected to Receive Malaysia Digital Banking Licence

Malaysia digital bank will accelerate access to financial services for 1 in 2 underserved or unbanked Malaysians  Pei Si Lai, financial industry veteran, appointed to lead Malaysia digital bank     SINGAPORE–(BUSINESS WIRE)–Grab Holdings Limited (NASDAQ: GRAB) and Singtel announced today that GXS Bank Pte. Ltd., their digital bank joint venture, and a consortium of Malaysian investors […]

Twig Group Acquires Mobi Market to Strengthen Its Circular Payments Proposition

LONDON–(BUSINESS WIRE)–Twig Group, a London based fintech, announces the acquisition of Mobi Market, a premier UK based mobile phone recommerce player, in a deal worth over $10m. Twig Group is the fastest growing European fintech, providing an array of financial services rooted in circular economy principles. Its suite of products include a mobile banking solution […]

The Helper Bees Announces Call For Service Providers To Transform Aging-In-Place In America

Vendors across the U.S. are invited to participate in RFI process, expanding the breadth of services delivered into the homes of older adults. AUSTIN, Texas–(BUSINESS WIRE)–#aginginplace—The Helper Bees, a full-service insurtech company that creates innovative aging-in-place solutions for carriers, aging Americans, and their families, today announced a nation-wide call for service providers to respond to […]

AST SpaceMobile Announces Collaboration with Globe Telecom

Memorandum of Understanding Would Explore Opportunities to Extend AST SpaceMobile’s Planned Coverage to Globe Telecom Customers MIDLAND, Texas–(BUSINESS WIRE)–$ASTS #5G—AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a Memorandum of Understanding (“MoU”) with Globe […]

Bectran Partners With NCS Credit to Deliver Credit Teams an Integrated UCC Filing Solution for Asset-Backed Credit Quality Monitoring

CHICAGO–(BUSINESS WIRE)–#automation–Credit, Collections & Accounts Receivable Software leader Bectran, Inc. has partnered with NCS Credit to release the industry-leading UCC (Uniform Commercial Code) Filing solution. This solution eliminates the time spent initiating the UCC filing process through the direct transmission of UCC filing data in digital format to NCS Credit from the Bectran platform. Traditional […]

ICE’s Global Energy Markets Reach Record Open Interest

NEW YORK & LONDON & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it reached record open interest in its Total Energy futures and options markets of 46.7 million contracts on April 25, and is up 11% since the start of the year. As participants […]

Acrisure Unveils Cyber Risk Assessment Backed by Coalition

– Assessment gives small and midsize businesses visibility into their unique cyber vulnerabilities – Discovered issues can be remediated by Acrisure’s robust insurance, security and recovery solutions GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, today announced a partnership with Coalition, a leading global provider of cyber insurance […]

Socure Redefines Customer Onboarding and Identity Verification for Banking App Lili

Socure’s ID+ Platform Powers 1,700% Growth in Customer Acquisition through Graph-defined Identity Verification, Higher Auto-approvals, and Superior Fraud Detection INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced that the Socure ID+ platform has enabled the leader in mobile financial services for freelancers and small business owners, Lili, […]

Significant Innovation and Adoption Gaps Remain Between Insurance Leaders Versus Followers and Laggards – New Majesco Research

Important changes in insurers’ strategic priorities fueled by three digital eras in just seven short years MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of its annual, new research report, A Seven-Year Itch: Changes in Insurer’s Strategic Priorities Defined by Three Digital Eras Over […]

Financial and Insurance Organizations Transform Customer Experiences with UserTesting

Experian, Finastra and MetLife leverage human insight to guide digital transformation journey SAN FRANCISCO–(BUSINESS WIRE)–$USER #CX—UserTesting (NYSE: USER), a leader in video-based human insight, today announced that a growing number of financial institutions are turning to the UserTesting® Human Insight Platform to build digital-first customer experiences. UserTesting now works with organizations in the financial services […]

75% of Fintech’s Revenue Comes From Mobile, but Companies Are Investing Less Than 10% of Engineering Spend on Mobile 

Bitrise’s 2022 ‘Mobile Product Success in Finance and Banking Report’ Reveals Mobile’s Disproportionate Contribution to Revenue; Shines a Light on Need for Budget Reprioritization SAN FRANCISCO–(BUSINESS WIRE)–Bitrise, the Mobile DevOps company whose platform maximizes the overall business impact of apps for the world’s most sophisticated mobile organizations, today released its 2022 Mobile Product Success in […]

The Onyx Advisor Network to Officially Open to the Wealth Management Community on May 9th

On a mission to change the complexion of wealth, Onyx offers community, compliance solutions, custodial access, technology, and coaching to underrepresented advisors SACRAMENTO, Calif.–(BUSINESS WIRE)–#Coaching–The Onyx Advisor Network (Onyx), a comprehensive entrepreneurial support platform for underrepresented financial advisors, today announces it will officially launch on May 9th, 2022. Financial advisors of color, women, members of […]

Motive Expands Into Spend Management, Offers Zero Fee Corporate Card

Deeply integrated Spend Management product offers comprehensive view across physical and financial operations SAN FRANCISCO–(BUSINESS WIRE)–Motive, the leader in Automated Operations, announced the launch of the Motive Card, a zero fee corporate card for businesses that power the physical economy. The Motive Card is the first corporate card natively integrated with a fleet management platform, […]

96% of American Drivers Don’t Understand Their Car Insurance Policies

New report from Insurify finds that the average American driver fails at answering basic questions about car insurance CAMBRIDGE, Mass.–(BUSINESS WIRE)–Insurify, America’s highest-rated car insurance comparison site, released its report titled, “The 5 Biggest Car Insurance Myths: What Most Americans Get Wrong About Their Policies,” on Thursday. The report, which investigates the average American’s car […]

Pidgin to Present Its Instant Payment Innovations at the Federal Reserve’s FedNow℠ Service Provider Showcase at Nacha Conference

NASHVILLE, Tenn.–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments, is excited to present its instant payment innovations at the Nacha Smarter Faster Payments 2022 conference as part of the Federal Reserve’s live FedNow Service Provider Showcase. Kevin Olsen, senior vice president of Pidgin, will present on Monday, May 2nd at […]

Pontera Announces Integration with SS&C’s Advent Custodial Data® Network to Help Advisors Manage Clients’ Retirement Assets

Technology integration unlocks the ability for SS&C Black Diamond users to securely trade and report on held away accounts, including 401(k)s, 403(b)s, and more. NEW YORK–(BUSINESS WIRE)–Pontera, the fintech company that enables financial advisors to trade and manage retirement assets in a secure and compliant manner, today announced an integration with SS&C’s Advent Custodial Data® […]

MonetaGo Delivers Major Milestones in Strategy for Trade Finance De-duplication in India, Sets the Stage for Global Adoption in 2022

MUMBAI, India & NEW YORK–(BUSINESS WIRE)–Four years after commencing an ambitious mission to prevent duplicate financing of invoices in India, MonetaGo today underlines major progress in delivering on its commitments, including transforming the speed and transparency of invoice financing and unlocking the value of disparate information spread across multiple organisations and data silos. The service […]

Western Union and Zain Cash Collaborate to Facilitate Digital Cross-border Money Transfers in Jordan

Zain Cash customers will be able to conveniently send and receive money around the clock with a few clicks. AMMAN, Jordan–(BUSINESS WIRE)–Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments and Zain Cash, the award-winning mobile financial services arm of Zain – a leading mobile telecom operator in the Middle […]

Onuu Announces Inaugural List of Partners to Democratize Access to Financial Security for 166M Americans

Visa, AAA Life Insurance and SCOR join Onuu in bringing financial education and resources to Americans of modest means AUSTIN, TEXAS–(BUSINESS WIRE)–Today, Onuu, an all-in-one banking and insurance solution, announced its first round of partnerships with some of the most innovative and trusted companies globally, including Visa and AAA Life Insurance. These partners are laying […]

Airwallex Launches First Above the Line Campaign in London

LONDON–(BUSINESS WIRE)–This month, leading global fintech Airwallex launched its first above the line (ATL) campaign in the UK to raise local awareness of its Borderless Cards, enabling businesses to easily make digital and physical card payments around the world. Last week, Airwallex launched a series of adverts across London’s underground stations to showcase the Airwallex […]

BlackRock Identifies Three Permanent Transformations Unlocking Exponential Growth Opportunities 

Expands Megatrends Platform with Emergent Food and Blockchain ETFs NEW YORK–(BUSINESS WIRE)–From an industrial renaissance to medical breakthroughs and the new consumer, BlackRock’s new paper highlights how permanent changes have created underestimated investment opportunities. “Today, there is more potential for rapid change than at any other point in history,” said Armando Senra, Head of Americas […]

Facing Thinner Margins and a Down Market, Trucking Technology is Helping Independent Trucking Companies Compete, New SmartHop Report Finds

43.5% of new drivers entered the market in the last two years, according to the First Annual State of Independent Drivers and Small Fleets The top three areas drivers in most need of support include: finding discounted fuel and insurance, as well as finding and booking high-quality loads While industry attracted many newcomers in the […]

Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending

Scienaptic platform projected to drive up to 30% more approvals from existing leads NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that the deployment of its platform at Ascendus is now live. The implementation enhances Ascendus’ credit decisioning and helps the lender make advanced loan decisions for small and medium-sized businesses. […]

UK-based Fintech DNA Payments Reaches 100,000 Card Terminals and Online Points of Sale

LONDON–(BUSINESS WIRE)–After a solid first quarter of growth, DNA Payments, a leading independent vertically integrated payments provider, is proud to announce that it achieved 100,000 card payment terminals and online points of sale in April. This significant milestone for the Group comes after it announced recent acquisitions and explosive organic growth in the first quarter […]

MassMutual Ventures Announces New USD 300 Million Fund for Europe and Asia-Pacific

BOSTON & LONDON & SINGAPORE–(BUSINESS WIRE)–MassMutual Ventures (MMV) announced today that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise SaaS, and cybersecurity. With this launch, the team has widened its investment reach to include Europe and […]

Partners Life Becomes First New Zealand Life and Health Insurer To Go Live On The FINEOS Platform

Clients will benefit from enhanced service and future digital self-service CHRISTCHURCH, New Zealand–(BUSINESS WIRE)–#Cloud—FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that Partners Life has become the first life and health insurance company in New Zealand to go live on the FINEOS Platform. […]

Sutton Bank and Bankers Helping Bankers Launch BaaS Association

ATTICA, Ohio–(BUSINESS WIRE)–Sutton Bank and Bankers Helping Bankers (BHB) are pleased to announce the creation of the BHB Banking-as-a-Service (BaaS) Association, aimed at serving the unique needs of BaaS Sponsor banks. Sutton Bank, Attica, OH is proud to be one of the founding, charter members of the Association. According to Robert Keil, SVP, Chief Payments […]

Cogni, the First Lifestyle-Focused Digital Bank, Launches With $23 Million Series A From Top Investors

With a series of innovative products lined up, Cogni is creating the first Web2 to Web3 mobile banking platform of its kind NEW YORK–(BUSINESS WIRE)–Cogni, a digital banking platform aimed at enhancing consumer lifestyles, announces today its $23 million Series A funding round, bringing a new wave of digital banking innovations to consumers who want […]

Wallet Factory Enhanced Functionality for E-kyash Digital Wallet in Belize

BELIZE CITY, Belize–(BUSINESS WIRE)–#FinTech–E-kyash, the first digital wallet in Belize developed and delivered by Wallet Factory, has recently acquired the enriched functionality to provide digital financial services to Belizean customers and business users at the fullest. The latest update has come out with a whole raft of brand new as well as improved features to […]

MOCA Adds The Bank of Holyrood to Its Growing List of DCI Clients

MOCA’s payment platform empowers Bank of Holyrood account holders with on-demand virtual cards, single use card numbers, unlimited cash-back rewards, and more AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a provider of advanced payment products with unlimited rewards and a digital-first nextgen card-based payment platform, is pleased to add Bank of Holyrood, one of the oldest banks in Kansas, […]

VoPay And HES FinTech Partner To Make Real-Time Payments More Accessible For Canadian Lenders

VANCOUVER, British Columbia–(BUSINESS WIRE)–#lending–VoPay, a leader in payment innovation, announced today that it has partnered with HES FinTech, a European-based lending software vendor, continuing the fintech company’s growing loan management partner portfolio. The strategic partnership will enable Canadian lenders to access smarter loan technology and real-time bank account payments using a single solution with rich […]

Charityvest Adds Low Fee ETF Investments to Donor-Advised Funds

Raises 2.2 Million Seed Round Extension to Grow Purposeful Philanthropy Among Fee-Conscious Donors ATLANTA–(BUSINESS WIRE)–Charityvest, a modern provider of tax-deductible charitable giving accounts known as donor-advised funds (DAFs), today announced the introduction of new low-fee investment capabilities. The new investment capabilities will enable donors in their community to invest their charitable balances across efficient robo-advised […]