Business Wire


Cognito Selected by Thoughtworks as North America Agency of Record

Firm to provide corporate, financial and digital communications advisory as Thoughtworks reinforces its premium reputation following IPO Addition strengthens Cognito’s existing portfolio of professional services clients looking to enhance corporate reputation and drive brand awareness NEW YORK–(BUSINESS WIRE)–Cognito, a leading communications firm for financial, technology and professional services organizations, announced, today, it has been selected […]

Valley National Bancorp Invests $25 Million in an Early-Stage Fintech-Oriented Israeli VC

NEW YORK–(BUSINESS WIRE)–Valley National Bancorp (NASDAQ:VLY) today announced a $25 million investment in The Garage, a venture capital fund that builds and invests in early-stage startups in the fields of fintech, AI and cyber. The fund is backed by Bank Leumi, the leading bank in Israel and by BRM Group, a seasoned Israel-based family office […]

Sopra Steria UK Continues Mission Toward Shaping a Better World With Social Value Driven Digital Transformation Initiatives

Momentum includes new customers success stories across UK Government and businesses which focus on delivering social value; industry recognition including top 20 ranking in Great Places to Work® and growth of 20% over the last two years LONDON–(BUSINESS WIRE)–Sopra Steria, a purpose-driven digital transformation provider, today shares news of its continued momentum and growth, building […]

BlackRock Update on the iShares MSCI Russia ETF (ERUS)

NEW YORK–(BUSINESS WIRE)–Effective August 3, 2022, the iShares MSCI Russia ETF (ERUS) has suspended the right of redemption of fund shares pursuant to an exemptive order issued by the Securities and Exchange Commission on August 3, 2022, in order to permit the fund to liquidate its portfolio. On August 17, 2022, BlackRock will begin liquidating […]

Cambridge Savings Bank Extends Financing Package to Support the Next Evolution of Growth for Fulfillment America

Working capital to support increased production as the world-class fulfillment company manages an uptick in services following the pandemic CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—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 Corporate Banking team provided new client, Fulfillment America, Inc, with a […]

Capitolis Unveils New Brand Identity Reflecting Company’s Continued Growth and Expansive Vision for Financial Markets

New brand identity includes a new logo, brand colors, brand purpose, promise and principles NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company reimagining financial markets, announced today its new brand strategy and visual system including a logo which signifies Capitolis’ ability to unlock the potential of the global economy. The company, which enables safe growth in financial […]

Oxygen Announces the State of the Creator Economy Report

Study Identifies the Needs of Modern Content Creation Entrepreneurs SAN FRANCISCO–(BUSINESS WIRE)–Oxygen, a modern financial platform designed for the 21st century economy, today released its State of the Creator Economy Report, which takes a look at the booming creator economy, the people behind the content, their goals and challenges, and the technologies that are quickly […]

Deep Instinct Pioneers Deep-Learning Malware Prevention to Protect Mission Critical Business Applications at Scale

Agentless approach meets the attacker earlier to protect financial services and other large enterprises from an underserved attack vector NEW YORK–(BUSINESS WIRE)–Deep Instinct, the first company to apply end-to-end deep learning to cybersecurity, today delivered Deep Instinct Prevention for Applications, an agentless, on-demand, antimalware solution for the enterprise that is device and operating system agnostic. […]

Vontive Crosses $1 Billion of Real Estate Financed

Company’s tremendous momentum underscores the demand for innovative platform SAN FRANCISCO & SEATTLE–(BUSINESS WIRE)–#AI—Vontive, the first embedded mortgage platform for investment real estate, today announced that it has financed more than $1.1 billion of residential properties owned by investors. The company originated $750 million of loans for these properties, and it has a success rate […]

Transact Partners With GradGuard To Provide Financial Insurance to Millions of Students

Partnership Allows for Safeguard Should a Student Need to Withdraw from School Due to Medical Reasons PHOENIX–(BUSINESS WIRE)–Transact, the leader in innovative payment and mobile credential solutions for a connected campus, today announced an enhanced partnership with GradGuard, the leading provider of college renters and tuition insurance. The partnership will provide families and students with […]

OriginClear Names Castle Placement for Water On Demand Offering

Platform will tap up to 64,500 institutional investors/lenders and 600,000+ accredited investors CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has named investment bank Castle Placement (“Castle”) (www.castleplacement.com) as its exclusive placement agent to build the capital base for its Water On Demand™ program. The Company intends […]

OneScreen.ai Launches Most Comprehensive Public Directory of Out-of-home (OOH) Advertising Inventory and OOH Providers

Searchable directory makes OOH companies and 864,000+ listings easily discoverable by buyers, a major step in OneScreen.ai building the most open, integrated, cooperative infrastructure in OOH BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, the marketplace provider for buying and selling out-of-home (OOH) advertising, has launched the most comprehensive public directory of OOH advertising inventory with more than 3,200 OOH providers, […]

Parafin Raises $60M Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses

SAN FRANCISCO–(BUSINESS WIRE)–Parafin, a fintech infrastructure startup that companies such as marketplaces, vertical SaaS, and payment processors rely on to launch and embed financial services for their sellers, announced that it has raised a $60 million Series B financing round led by GIC, bringing its total equity funding to $94 million. This round includes participation […]

US FinTech Startup CabbagePay is set to redefine the way money flows.

NEW YORK–(BUSINESS WIRE)–#cabbagepay–FinTech startup CabbagePay has officially launched in major US cities with its goal to redefine the way money moves for all businesses, as it continues to penetrate brands, stores, websites, and apps. CabbagePay is growing rapidly due to its cost-effective payment rails and myriad use cases in all walks of industries from retail, […]

VRGL and BridgeFT Partner to Streamline Portfolio Analysis for Wealth Managers

Alliance Delivers Access to Real-time Investment Data and Client Reporting to Enhance Client and Prospect Engagement CHICAGO & DALLAS–(BUSINESS WIRE)–Bridge Financial Technology (“BridgeFT”), a data-centric wealth management technology platform, today announced it has partnered with VRGL, Inc (“VRGL”), a provider of institutional-grade analytics and automated data extraction to the wealth management industry. The partnership will […]

Synctera Debuts Operational Compliance Support for FinTech Builders

Ground Control offers FinTech builders end-to-end compliance support through the Synctera platform SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech platform helping innovators bring financial products to market more efficiently, has launched Ground Control, an end-to-end banking and compliance operational support program for developers and builders of financial products. Ground Control is a complimentary service that helps […]

Cybernance Announces Addition of Okta Single Sign On

SSO Interface improves security of cyber assessment and reporting AUSTIN, Texas–(BUSINESS WIRE)–#FFIEC–Cybernance Corporation has announced the addition of Single Sign On (SSO) for its NIST CSF and FFIEC CAT cyber assessment and reporting platform. The implementation of the Okta SSO will satisfy the demand for identity security across Cybernance’s entire user base. The secure cloud […]

BitNile Holdings Announces Conference Call to Provide an Update on TurnOnGreen Special Dividend

LAS VEGAS–(BUSINESS WIRE)–$AP #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), will host a conference call at 2:00 PM Pacific Time on Tuesday, September 6, 2022, to provide an update on the status of the planned spinoff of the Company’s subsidiary, TurnOnGreen, Inc., an electronic vehicle (“EV”) charging and […]

Scrut Automation Launches ‘Risk Management’ for Cloud-Based Companies

Scrut Risk Management is designed to help customers manage their risks more effectively. The tool streamlines risk assessments by automating risk identification, evaluation, mitigation, and monitoring. BENGALURU, India–(BUSINESS WIRE)–#Automation—Scrut Automation, a leading compliance automation platform, unveiled Risk Management, a first-of-its-kind risk assessment tool, to further bolster its offerings in the compliance automation industry. Larger organizations […]

Discover Hosts Grand Opening of Its Chatham Customer Care Center and Shine Bright® Community Center

Mayor Lori Lightfoot and Elected Leaders Joined Discover in the Ribbon Cutting of the Center Set to Employ more than 1,000 Employees from Invest South/West Communities, Provide Free Space for Use by Community-Based Organizations and House a Tech Hub RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today hosted the grand opening of its Chatham Customer Care Center and Shine […]

Buckle Named Best Rideshare & Delivery Driver Insurance Specialists

Buckle was also named Most Innovative Rideshare Auto Insurance Product Provider in North America in 2022 FinTech Awards JERSEY CITY, N.J.–(BUSINESS WIRE)–#Buckleup—Buckle, the financial services company providing auto insurance solutions for the gig economy, has received two awards in the 2022 FinTech Awards by Wealth & Finance International magazine. Buckle was named Best Rideshare & […]

Silgan Holdings Inc. Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Silgan Holdings Inc. (NYSE: SLGN) completed its listing transfer and begins trading today as an NYSE-listed company. Silgan will now be able to leverage all of the advantages of […]

United Bankers’ Bank Offers Pidgin to its More Than 1,000 Community Banks

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, announced that United Bankers’ Bank, the nation’s first bankers’ bank, is extending the platform to its more than 1,000 community banks across the West Coast to the Great Lakes and South Atlantic. United Bankers’ Bank is making Pidgin available to its network […]

Gatenox Announces $2.5m Seed Funding Led by C3 VC Fund to Challenge Existing AML/Sanctions Solutions for Corporate Clients

LONDON–(BUSINESS WIRE)–Gatenox, the UK-based provider of corporate client verified credentials, has raised a seven-figure amount from C3 VC Fund, a venture capital firm based in Frankfurt, Germany that invests in exceptional technology companies worldwide. Additional funding was provided by A100x Ventures and several prominent angel investors, including Matthew Niemerg and Antoni Zolciak, co-founders of Aleph […]

OrBit Raises $4.6m From Matrixport, Brevan Howard Digital to Develop Exotic Options and Structured Products in Digital Assets

SINGAPORE–(BUSINESS WIRE)–#crypto–OrBit Markets, an institutional liquidity provider in crypto options and structured products, has raised $4.6M in an angel funding round led by Matrixport, a leading digital assets financial services ecosystem, with participation from Brevan Howard Digital, New Form Capital, Maven 11 and Westridge Markets in this oversubscribed round. As the digital assets market evolves, […]

Built Expands Commercial Real Estate Product Suite for Lenders With Acquisition of Nativ

Built and Nativ team up to deliver the first collaborative deal management platform for CRE lenders across construction, transitional and stabilized real estate assets NASHVILLE, Tenn.–(BUSINESS WIRE)–#acquisition—Built Technologies, a leading software provider for real estate lenders and the construction industry, announced that it has acquired Nativ, a leading deal management platform for commercial real estate […]

Blackhawk Network Partners with Aurus to Power Processing for Payment Innovations

Collaboration comes at a time of growth for both companies in retail and grocery PLEASANTON, Calif.–(BUSINESS WIRE)–As digital payments maintains its foothold as a key trend in retail commerce, Blackhawk Network is entering a relationship with unified payments platform leader, Aurus. Aurus offers global solutions that address the payments ecosystem, and Blackhawk’s leading gift card […]

Players Health Launches Breakthrough Sports Insurance Product on Socotra’s Modern Policy Core Platform

The product was developed in record time, enabling sports teams to easily insure players, coaches, and owners through BizDynamics’ digital engagement platform AUSTIN, Texas–(BUSINESS WIRE)–Players Health, an innovative sports platform and insurtech MGA, today launched a unique insurance product enabling amateur and professional sports teams to buy comprehensive insurance to protect players, coaches, and owners […]

FinLync Announces Strategic Investment and Partnership with Workday Ventures for Next-Gen Payments Solution

NEW YORK–(BUSINESS WIRE)–FinLync, a privately held, global fintech company transforming corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management, today announced that it has received a strategic investment from Workday Ventures and joined the Workday Software Partner program. By integrating with Workday Financial Management, FinLync intends […]

Movement Bank Seeks New Technologies to Support the Underserved through CSI’s NuPoint® Core Platform

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Virginia-based Movement Bank has selected its NuPoint® core platform to provide customers with integrated, reliable core banking services. Movement Bank, with locations in Virginia and the Carolinas, focuses on serving communities that have historically faced difficulties accessing […]

ICE Launches Plug-and-Play Connectivity to Managed Data Feed in Taiwan

Allows customers to simply ‘connect in’ to the ICE Consolidated Feed without need for any dedicated hardware infrastructure ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has expanded data delivery capabilities in the Asia Pacific region with the launch of a resilient, multi-tenant and […]

Weave Adds Buy Now, Pay Later Offering to Streamline Payments in Small Healthcare Practices

The BNPL solution will be available in Weave’s all-in-one platform, eliminating payment hurdles for patients & providers LEHI, Utah–(BUSINESS WIRE)–Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has launched a Buy Now, Pay Later solution to help healthcare providers offer more payment flexibility to patients. The new solution, powered through a partnership […]

Veryfi Accelerates its Lead in Day 1 Accuracy, Powering Innovations in Payments, Accounts Payable Automation, and Spend Management

Leading companies use artificial intelligence-based technology to increase efficiency by 200 times while removing human error SAN MATEO, Calif.–(BUSINESS WIRE)–#AIML—Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, today announced it has added the world’s highest rated enterprise accounts payable automation software provider to its growing client roster of […]

Daon Now Integrates with Ping Identity’s DaVinci to Provide Best in Class Multi-Factor Authentication

FAIRFAX, Va.–(BUSINESS WIRE)–Daon, a global leader in identity assurance technology, announced a new integration with Ping Identity (NYSE: PING), the intelligent identity solution for the enterprise, leveraging PingOne DaVinci, a no-code identity orchestration service. This partnership will enable Ping Identity customers a unified identity experience across all engagement channels and throughout all stages of the […]

Moonfare launches digital private markets investing platform in the United Arab Emirates

Individual investors from all seven United Arab Emirates (UAE), with exception of Dubai International Financial Centre (DIFC) and the Abu Dhabi Global Market (ADGM) can now access Moonfare’s digital platform to invest directly in global leading private equity funds With the launch in the UAE, Moonfare is entering one of the world’s fastest growing wealth […]

LeaseQuery’s Continued Focus on Simplifying Complex Accounting Results in Over 100 Percent Growth in First Half of 2022

LeaseQuery proves a winning combination for accounting and finance professionals ATLANTA–(BUSINESS WIRE)–#FASB—LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced its new annual recurring bookings have increased an astounding 100 percent over the same period last year. As one of the only accounting technology providers to employ nearly 40 […]

Greenwood and Travis Hunter Sign NIL Deal and Partner to Launch the “Choose Black” Campaign

Greenwood And Travis Hunter Join Forces To Launch “Choose Black” Campaign To Encourage People to Support Black Businesses, Schools, and Causes ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced a NIL deal and multi-year partnership with Travis Hunter, the number one overall college football recruit in the […]

Transact Wins Card Not Present® Customer Choice Award for Best Mobile Payment Solution

Achievement Marks the Second CNP Award in Three Years for Transact PHOENIX–(BUSINESS WIRE)–Transact, the leader in innovative payment and mobile credential solutions for a connected campus, has been named the Customer Choice Award Winner for Best Mobile Payment Solution by Card Not Present (CNP), the independent online media voice for the operators in the card […]

Lokyata Announces New Platform Enhancements To Modernize Decision Automation For Financial Institutions, Lenders

-Enhances Consumer, Small Dollar and Auto Lending Processes- WASHINGTON–(BUSINESS WIRE)–#Fintech—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released a number of platform enhancements to help lenders further automate loan decisioning to save time, minimize manual work, standardize processes, and improve underwriting performance. The company sees particular opportunities […]

Corvus Insurance Opens Continental European Office in Germany

European office will allow for expanding the Corvus footprint and capabilities, bringing the focus on data and technology to new markets BOSTON–(BUSINESS WIRE)–Corvus Insurance, the market-leading specialty insurance MGA offering Smart Commercial Insurance® products powered by AI-driven risk data, today announced the opening of a new continental European office in Frankfurt, Germany. The newest office […]