Business Wire

FIS Unveils Banking-as-a-Service Hub, Delivering Creative and Innovative Fintech Solutions to Financial Institutions of All Sizes thumbnail

FIS Unveils Banking-as-a-Service Hub, Delivering Creative and Innovative Fintech Solutions to Financial Institutions of All Sizes

Key facts: FIS’ introduction of Banking-as-a-Service (BaaS) comes as embedded finance sees broader adoption while the financial services industry explores new ways to expand reach to consumers. New API-enabled BaaS Hub enables an all-in-one finance experience with intuitive banking and payments capabilities. This Hub will enable financial institutions of all sizes to take advantage of […]

GO Partners With Scienaptic AI To Revolutionize Automotive Screening For Millions thumbnail

GO Partners With Scienaptic AI To Revolutionize Automotive Screening For Millions

NEW YORK–(BUSINESS WIRE)–#AI—Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that GO, a first-of-its-kind car subscription, has partnered with the company to provide enhanced and faster decisions to its customers. In partnering, GO looks to increase the availability of its offering using transformative technology in its screening and decisioning process. GO […]

Deserve Launches Commercial Credit Card Platform That Empowers Banks and Business-to-Business (B2B) Companies to Issue Co-Branded Credit and Charge Cards thumbnail

Deserve Launches Commercial Credit Card Platform That Empowers Banks and Business-to-Business (B2B) Companies to Issue Co-Branded Credit and Charge Cards

Now banks and B2B companies can issue fully digital commercial cards that can help their customers better manage cash flow and expenses, while earning rewards on their spend NEW YORK–(BUSINESS WIRE)–Deserve, a fintech company transforming credit cards into software that lives on mobile and in the cloud, announced today it is revolutionizing the commercial credit […]

Intercontinental Exchange and McLaren Racing Launch New Partnership With Amplified Focus on Sustainability and Diversity thumbnail

Intercontinental Exchange and McLaren Racing Launch New Partnership With Amplified Focus on Sustainability and Diversity

ICE will Become a Sponsor of McLaren’s Extreme E Team, the Innovative New Series Featuring All-Electric Off-Road Competition with Male and Female Drivers Behind the Wheel Using Data to Create a Competitive Advantage Underpins Partnership, Exemplified by McLaren CEO Zak Brown’s Participation in New ICE Marketing Campaign Event at NYSE on Tuesday Will Feature McLaren’s […]

Step Announces Plans for a New Crypto & Stock Investment Product thumbnail

Step Announces Plans for a New Crypto & Stock Investment Product

Enables teens and young adults to invest, trade and accrue crypto and stock rewards directly through the Step App PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution for the next generation, today announced a waitlist and unveiled plans for its new crypto and stock investment product, becoming the first financial app that will allow both […]

Moves Enhances Debit Card With 5% Cash Back to Offset Surging Gas Prices thumbnail

Moves Enhances Debit Card With 5% Cash Back to Offset Surging Gas Prices

New offering designed to help relieve financial challenges for rideshare drivers and couriers caused by near doubling of prices at the pump NEW YORK–(BUSINESS WIRE)–#Moves–To offset the near doubling of prices year-over-year at the pump, Moves, an innovative financial services company designed exclusively to serve the needs of U.S. gig workers, today announced it is […]

True Captive Insurance Selects Gradient AI to Provide Deeper Insights, Cost Efficiency for Healthcare Insurance thumbnail

True Captive Insurance Selects Gradient AI to Provide Deeper Insights, Cost Efficiency for Healthcare Insurance

Solution Reduces Costs, Enhances Risk Management, Improves Member Experience BOSTON–(BUSINESS WIRE)–#AI—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry announced today that True Captive Insurance, a provider of innovative healthcare solutions for employers of all sizes, has selected its SAIL™ solution to help reduce group healthcare insurance costs […]

MOCA Adds In-App Card Provisioning for Digital Wallets to its Advanced Digital Account Featuring its Digital-First NextGen Card-Based Payment Platform thumbnail

MOCA Adds In-App Card Provisioning for Digital Wallets to its Advanced Digital Account Featuring its Digital-First NextGen Card-Based Payment Platform

Card provisioning gives account holders the ability to add a MOCA Card to their favorite digital wallet with the push of a button AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a provider of advanced digital accounts with unlimited rewards and a digital-first next-generation card-based payment platform, announced it has added in-app card provisioning to its system, enabling MOCA account […]

Advantage Payment Services and The Bancorp Announce Strategic Partnership to Improve Dispute Management Technology thumbnail

Advantage Payment Services and The Bancorp Announce Strategic Partnership to Improve Dispute Management Technology

FARGO, N.D.–(BUSINESS WIRE)–Advantage Payment Services (APS), the leader in financial data management for top FinTech payments organizations, today announced it has entered into a strategic partnership with The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK). Through this partnership, The Bancorp will promote the utilization of the next generation of APS […]

Yieldstreet Expands VC Platform to Allow Investors Direct Access to Startups thumbnail

Yieldstreet Expands VC Platform to Allow Investors Direct Access to Startups

Global venture capital investment in 2021 totaled $643 billion, compared to $335 billion for 2020, showing 92 percent growth year over year NEW YORK–(BUSINESS WIRE)–Yieldstreet, a leading digital alternative investment platform driven to help millions of people unlock access to previously unattainable investments, is launching a platform that allows investors the unique opportunity to invest […]

VMware Cross-Cloud Services Now Available in Microsoft Azure Marketplace thumbnail

VMware Cross-Cloud Services Now Available in Microsoft Azure Marketplace

Microsoft Azure customers worldwide now gain access to VMware Cross-Cloud services to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies. Investors Bank and Grupo Financiero Ficohsa S.A. drive digital transformation with VMware Cross-Cloud services and Microsoft Azure PALO ALTO, Calif.–(BUSINESS WIRE)–VMware, Inc. (NYSE: VMW) today […]

Advisor Circle’s First Event – Exchange, an ETF Experience, Developed in Partnership with ETF Trends – Sells Out with More Than 2,000 Attendees in First Year thumbnail

Advisor Circle’s First Event – Exchange, an ETF Experience, Developed in Partnership with ETF Trends – Sells Out with More Than 2,000 Attendees in First Year

Nearly 1,000 financial advisors, hundreds of institutional investors, and more than 125 sponsors gather in Miami for the ETF industry’s most significant event of the year. MIAMI–(BUSINESS WIRE)–#AdvisorCircle–Advisor Circle, a product and content studio for the financial services industry, opened its inaugural event, Exchange, an ETF Experience, to a sold-out crowd representing all aspects of […]

A.G.P./Alliance Global Partners Expands Relationship with QUODD’s Market Data Workstation thumbnail

A.G.P./Alliance Global Partners Expands Relationship with QUODD’s Market Data Workstation

Collaboration will enable investment advisors to access real-time North American equities, options, and futures combined with timely intelligence to mutual fund/ETF data and ESG ratings. JERSEY CITY, N.J.–(BUSINESS WIRE)–QUODD Financial Information Services (“QUODD”), a NewSpring Holdings platform company, has announced an expansion of the strategic partnership with A.G.P./Alliance Global Partners, an industry leader in wealth […]

Wells Fargo and Operation HOPE Team Up to Accelerate Financial Inclusion thumbnail

Wells Fargo and Operation HOPE Team Up to Accelerate Financial Inclusion

New HOPE Inside centers in select Wells Fargo branches increase access to financial education and guidance NEW YORK–(BUSINESS WIRE)–Wells Fargo and Operation HOPE, Inc., a national non-profit dedicated to financial empowerment for underserved communities, today announced plans to introduce HOPE Inside centers in 20 markets that will serve as many as 150 Wells Fargo branches […]

Drip Capital Records $150M Origination in March thumbnail

Drip Capital Records $150M Origination in March

PALO ALTO, Calif.–(BUSINESS WIRE)–Drip Capital, Inc., a leading cross-border digital trade finance platform, is thrilled to announce that its monthly originations have crossed $150 million in March. It is the highest originations by the company in a single month since its inception in 2016. The global fintech company provides working capital solutions to small and […]

Signature Bank Adds Fedwire Feature to Its Signet™ Digital Payments Platform, Allowing Instant Transfers Through Its Application Programming Interface thumbnail

Signature Bank Adds Fedwire Feature to Its Signet™ Digital Payments Platform, Allowing Instant Transfers Through Its Application Programming Interface

New Payment Rail Takes Signet One Step Closer to Becoming a Fully Integrated Payments Platform NEW YORK–(BUSINESS WIRE)–Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the addition of a new feature allowing its clients to initiate real-time Fedwire transactions through its blockchain-based digital payments platform, Signet™, directly through its Application Programming […]

U.S. Fintech Nova Credit Expands Into Europe, Unlocking Credit for Immigrants Excluded From Archaic Cross-Border Credit System thumbnail

U.S. Fintech Nova Credit Expands Into Europe, Unlocking Credit for Immigrants Excluded From Archaic Cross-Border Credit System

SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has announced the company’s expansion into Europe. The company will focus initially on the UK with the ambition to serve the whole European market. Nova Credit Co-Founder Nicky Goulimis will serve […]

Redwood Residential Launches New Products to Address Evolving Homeowner Needs thumbnail

Redwood Residential Launches New Products to Address Evolving Homeowner Needs

MILL VALLEY, Calif.–(BUSINESS WIRE)–Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that Redwood Residential, its residential mortgage banking platform, has launched new expanded product offerings through its Choice program as well as a new product geared towards addressing the growing cohort […]

Socure Wins the Best Identity Verification Solution Category in FinTech Breakthrough Awards

Socure Wins the Best Identity Verification Solution Category in FinTech Breakthrough Awards

Industry-Leading Identity Verification and Fraud Platform Recognized for Innovation, Impact, Value, Performance, and Ease of Use INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced that it has been selected as the “Best Identity Verification Solution” in the sixth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, […]

MonetaGo supports ICC Centre for Digital Trade and Innovation Initiative thumbnail

MonetaGo supports ICC Centre for Digital Trade and Innovation Initiative

LONDON & NEW YORK,–(BUSINESS WIRE)–#fintech–Following Friday’s launch by the International Chamber of Commerce (ICC) of the Centre for Digital Trade and Innovation (C4DTI), MonetaGo is delighted to announce that Oswald Kuyler, head of strategy, Europe, will be sharing his expertise with ICC UK to help uplift capability and enable stakeholders around the centre’s activity. C4DTI […]

MoneyLion Appoints Mark Torossian as Chief Accounting Officer thumbnail

MoneyLion Appoints Mark Torossian as Chief Accounting Officer

NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion”) (NYSE:ML), an award-winning, data-driven, digital financial platform, announced today that Mark Torossian has been appointed Chief Accounting Officer, effective April 1, 2022. Mark will oversee MoneyLion’s accounting and reporting functions and report to Rick Correia, MoneyLion’s Chief Financial Officer. Torossian joined MoneyLion in January 2022 with over 16 years of […]

Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform For Advanced Loan Decisioning thumbnail

Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform For Advanced Loan Decisioning

Deployment of AI platform to bolster auto loans NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Arkansas Federal Credit Union has chosen its AI-based underwriting technology to improve the credit union’s loan decisioning process and make advanced decisions for community members. Arkansas Federal, which has been serving Arkansans since […]

Priority and Century Bank Announce Strategic Partnership to Expand Product Offering to Bank Customers thumbnail

Priority and Century Bank Announce Strategic Partnership to Expand Product Offering to Bank Customers

CPX, powered by Priority will deliver industry-leading AP solutions to Century Bank customers ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading payments technology company helping customers collect, store, and send money, has announced a partnership with Century Bank, a full-service community bank supporting locations in New Mexico and Texas. Under the partnership, […]

Hamilton Global Opportunities plc (ALHGO.PA) announces investment in the Israeli company Gauzy, world leader in smart glass and ADAS technologies thumbnail

Hamilton Global Opportunities plc (ALHGO.PA) announces investment in the Israeli company Gauzy, world leader in smart glass and ADAS technologies

Gauzy, a true pioneer of nanotechnology for light control, is the only material science company in the world developing, manufacturing, and marketing two of the three active smart glass technologies: SPD and Liquid Crystal for diverse industries, and various ADAS (advanced driver assistance systems) for vehicles across the automotive industry Significant development potential given the […]

OneConnect Announces Annual General Meeting Results

OneConnect Announces Annual General Meeting Results

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced the results of its annual general meeting of shareholders held in Shenzhen on April 8, 2022. At the meeting, the shareholders of OneConnect Financial Technology Co., Ltd. approved, ratified and/or confirmed […]

Edge Data Solutions Introduces ‘Crypto Arctic Tank,’ Providing World’s First Sustainable Solution to Future-Proof Crypto Mining Operations thumbnail

Edge Data Solutions Introduces ‘Crypto Arctic Tank,’ Providing World’s First Sustainable Solution to Future-Proof Crypto Mining Operations

Pre-Sales for New ‘Sustainable Mining Solution’ Begin Today at Bitcoin 2022 Conference in Miami Beach MIAMI BEACH, Fla.–(BUSINESS WIRE)–#cleantech–In a move considered to represent the future of crypto mining, Edge Data Solutions Inc. (OTC: EDGS), an edge data center, crypto mining and cloud infrastructure provider, today announced its introduction of the “Crypto Arctic Tank,” a […]

Paysafe Announces New CEO

Paysafe Announces New CEO

Former FIS President and Fintech Industry Leader, Bruce Lowthers, Appointed Chief Executive Officer of Paysafe with Mandate to Scale the Company; Succeeds Philip McHugh Company Reaffirms Guidance for First Quarter and Full Year 2022 LONDON–(BUSINESS WIRE)–Paysafe Limited (“Paysafe” or the “Company”) (NYSE: PSFE) (PSFE.WS), a leading specialized payments platform, today announced that fintech industry leader, […]

Exdion Named Vertafore Orange Partner Giving Brokers Easy Access to Exdion’s AI-powered, Policy-Checking Software Tools thumbnail

Exdion Named Vertafore Orange Partner Giving Brokers Easy Access to Exdion’s AI-powered, Policy-Checking Software Tools

Vertafore customers can now use Exdion Policy Check through WorkSmart PLANO, Texas–(BUSINESS WIRE)–Insurance broker customers will now be able to access Exdion Policy Check through their Vertafore® agency management system and Vertafore’s WorkSmart® platform. Vertafore, the leader in modern insurance technology, announced that Exdion will be an Orange Partner. Exdion’s policy-checking software technology enables brokers […]

PayRetailers Acquires Chile’s Paygol and Colombia’s Pago Digital in Move to Unify $85 Billion LATAM E-Commerce Market thumbnail

PayRetailers Acquires Chile’s Paygol and Colombia’s Pago Digital in Move to Unify $85 Billion LATAM E-Commerce Market

Acquisitions bolster PayRetailers’ position as the leading FinTech payment specialist across Latin America and efforts to simplify B2B e-commerce across the region BARCELONA, Spain–(BUSINESS WIRE)–PayRetailers, the leading LATAM FinTech payment specialist, today announced the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The two acquisitions strengthen PayRetailers’ breadth and depth as […]

Sila Supports FRICH, Helping Young Professionals Master Their Finances thumbnail

Sila Supports FRICH, Helping Young Professionals Master Their Finances

PORTLAND, Ore.–(BUSINESS WIRE)–#AnewFinancialWorld—Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced how it supports FRICH, a personal finance app for Gen Z, to help its customers better understand their finances and save money in a novel and fun way. FRICH was co-founded by Aleksandra Medina and Katrin Kaurov. Neither […]

Hosta a.i. Named to Guidewire Insurtech Vanguards Program thumbnail

Hosta a.i. Named to Guidewire Insurtech Vanguards Program

Hosta a.i. makes everyone an expert in property assessment through simple image capture BOSTON–(BUSINESS WIRE)–#AI—Hosta a.i., one of the most advanced solutions for automated property assessments, announced it has joined Guidewire’s Insurtech Vanguards program, a new initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the […]

American Express Increases Speed for Fintechs to Launch Cards on the Amex Network, Powered by i2c thumbnail

American Express Increases Speed for Fintechs to Launch Cards on the Amex Network, Powered by i2c

New Amex/i2c fintech platform offers financial innovators a simple, seamless, and secure connection to the American Express network. Cards issued on the American Express network have access to Amex protections and benefits including Amex Offers, the Resy Dining program, and exclusive access to pre-sale tickets. NEW YORK–(BUSINESS WIRE)–American Express (NYSE:AXP) and i2c Inc, a provider […]

Announcing General Availability of the Spring ’22 Release of Majesco’s Market Leading P&C Core Suite thumbnail

Announcing General Availability of the Spring ’22 Release of Majesco’s Market Leading P&C Core Suite

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the general availability of the Spring ’22 release for the market-leading Majesco P&C Core Suite insurance software, including Majesco Policy for P&C, Majesco Billing for P&C, and Majesco Claims for P&C. Today’s customers expect more from their insurance […]

Rostro Group Receives New FX/CFD Trading Platform Developed by Devexperts thumbnail

Rostro Group Receives New FX/CFD Trading Platform Developed by Devexperts

LONDON–(BUSINESS WIRE)–Rostro Financials Group, a prime broker working with trading firms and professional traders, launched DPLtrader, a new trading platform licensed by Devexperts. DPLtrader provides access to margin trading of Forex and CFDs on stocks, indices, energies, and commodities. Based on Devexperts’ DXtrade, DPLtrader has a modern and intuitive UI and built-in analytics for tracking […]

MaxLinear Expands Portfolio of Industrial Ethernet Products with a Quad-Port 2.5GBase-T PHY and 1GBase-T Switches thumbnail

MaxLinear Expands Portfolio of Industrial Ethernet Products with a Quad-Port 2.5GBase-T PHY and 1GBase-T Switches

Extends Expertise to Reach Industrial Markets, Ensuring Extended Operating Temperature Range from -40 to 85° C Verifone Adopts GSW145 Quad-Port 1G Ethernet Switch into POS Products CARLSBAD, Calif.–(BUSINESS WIRE)–Today MaxLinear (NASDAQ: MXL) announced the immediate availability of two 1000BASE-T Ethernet Switches (GSW125, GSW145) and a quad-port 2.5GBASE-T PHY (GPY245), expanding its Ethernet product portfolio to […]

ICE Offers ESG Data on Over 1.5 Million Mortgage-Backed Securities thumbnail

ICE Offers ESG Data on Over 1.5 Million Mortgage-Backed Securities

Expands fixed income ESG coverage to 3+ million instruments ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that it launched Environmental, Social and Governance (ESG) data coverage on more than 1.5 million mortgage-backed securities, increasing its total fixed income coverage to over […]

Citizens Bank of Edmond Partners with Teslar Software to Transform Lending thumbnail

Citizens Bank of Edmond Partners with Teslar Software to Transform Lending

Community bank leader selects advanced platform to streamline lending processes, better support small businesses SPRINGDALE, Ark.–(BUSINESS WIRE)–Citizens Bank of Edmond and Teslar Software today announced their partnership to transform the bank’s lending processes. The $370 million asset bank was first introduced to Teslar Software at the 2019 ICBA ThinkTECH accelerator in Little Rock, Arkansas and […]

Partner Colorado Credit Union to Deploy Scienaptic’s AI-Powered Credit Underwriting Platform thumbnail

Partner Colorado Credit Union to Deploy Scienaptic’s AI-Powered Credit Underwriting Platform

Deployment of the artificial intelligence (AI) platform will automate and streamline loan decisioning for the credit union NEW YORK–(BUSINESS WIRE)–Leading global credit decision platform provider Scienaptic AI announced today that Partner Colorado Credit Union has chosen its AI powered credit underwriting platform to automate their loan decisioning process for sharper and faster loan decisions. Partner […]

Pagaya Provides Business Update and 2021 Financial Highlights thumbnail

Pagaya Provides Business Update and 2021 Financial Highlights

2021 Revenue of $475 Million Exceeds Previous 2021 Projection by 17%, Representing 379% Growth Compared with the Period Ended December 31, 2020 Publicly Files Registration Statement on Form F-4, a Major Step toward the Closing of its Proposed Business Combination with EJF Acquisition Corp. NEW YORK, TEL AVIV, Israel & ARLINGTON, Va.–(BUSINESS WIRE)–Pagaya Technologies Ltd. […]

Zilch Continues to Lead Responsible Lending in the Payments and BNPL Space thumbnail

Zilch Continues to Lead Responsible Lending in the Payments and BNPL Space

Zilch to weave affordability thread through Experian, Open Banking Data and it’s own Proprietary Behavioural Data LONDON–(BUSINESS WIRE)–#CRA—Zilch, the London, head-quartered fintech Unicorn, today announces it has taken another major step forward in innovating its technology to measure affordability through its latest partnership with Experian, the global information services company to begin reciprocal reporting of […]

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