Business Wire


AM Best Webinar: Six Critical Ways to Transform Insurance to a Lifetime Partner

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance—AM Best will host a complimentary webinar entitled “Six Critical Ways to Transform Insurance Business to a Lifetime Partner,” sponsored by Zelros, on April 26, 2022, at 1 p.m. EDT. Customer churn and lost loyalty is costing insurers over $470 billion globally, much of it due to poor consumer experience. Join a panel […]

i2c Partners with Fintech Unicorn PingPong to Power Rapidly Growing B2B Mastercard Credit Offering

Global enabler selected to expand cross-border, e-commerce solutions to new regions, including Hong Kong and Europe REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with PingPong, Hangzhou, China-based fintech unicorn providing business owners with modern, cross-border e-commerce payment solutions. Leveraging i2c’s agile SaaS platform, PingPong […]

YieldX Joins Schwab Advisor Services’ Provider Listings Program

YieldX is now showcasing its products to advisors with a listing on the Schwab Advisor Services™ Provider Listings page MIAMI–(BUSINESS WIRE)–#AdamGreen—YieldX, a fintech company reimagining fixed income, announced today that it is now participating in the Schwab Advisor Services Provider Listings program. The program, which launched in 2013, is a dedicated space for independent registered […]

The Village Bank Partners With ZSuite Technologies to Digitize Rent and Security Deposit Collection

WESTWOOD, Mass.–(BUSINESS WIRE)–#ZDeposit—The Village Bank has selected ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, to offer its customers ZRent and ZDeposit. The Village Bank, a community bank headquartered in Newton, Massachusetts, partnered with ZSuite Technologies to help its customers manage properties more efficiently with […]

New Brand and New Fund as Kevin T. Carter and the EMQQ Global Team Launch Internet and Ecommerce ETF Focused on India: INQQ

INQQ offers investors targeted access to India’s rapid digitization and ecommerce companies EMQQ Global name captures the firm’s continued growth and expanding ETF lineup with a nod to its roots and the global scale of long-term growth opportunities in the digitization of emerging and frontier markets SAN FRANCISCO–(BUSINESS WIRE)–Kevin T. Carter and the team behind […]

Clearview Federal Credit Union Selects Sagent to Power Mortgage Servicing in 7-Year Deal

Deal combines modern mortgage fintech innovation with local banking customer service values; also pairs Sagent with Jack Henry’s Epysis® platform to power Clearview KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a new, seven-year partnership with Clearview Federal Credit Union to […]

Nymbus Introduces Growing Portfolio of Community Fintechs

JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today introduced three new affinity-based fintech concepts available through Nymbus Labs. Each is ready to customize, launch and grow by any size bank or credit union seeking to rapidly open up their addressable market and serve a new niche community of consumers. “To succeed in […]

Cantaloupe Inc. Partners with Vendors Exchange to Deliver a Seamless Upgrade for Remote Price Change

Customers can extend the reach of Remote Price Change with the latest tools and upgrade options MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail—Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced a partnership with Vendors Exchange to seamlessly integrate their […]

American Bank Announces Partnership With Bakkt for New Crypto Trading Offering

American Bank enhances digital banking functionality by extending access for customers to buy, sell, and hold multiple cryptocurrencies ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that American Bank has selected the Bakkt® crypto connect […]

Discover Unveils New Cashback Debit Account: A Checking Account Featuring Cash Rewards, Early Access to Paychecks and No Fees

Cashback Debit to Feature Benefits for Simple, Safe and Cash Back Banking RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover revitalized the consumer checking landscape this week with the launch of its new, benefits-packed Cashback Debit account with user-friendly features, such as early access to paychecks up to two days in advance1 and a mobile-first banking experience. Discover builds on […]

Worldpay from FIS Becomes First Global Merchant Acquirer to Offer Direct USDC Settlement, Driving Digital Currency Adoption to Businesses

Key facts: Worldpay from FIS will allow merchants to receive settlement in USD Coin (USDC). USDC is one of the fastest growing dollar digital currencies redeemable 1:1 for U.S. dollars. Crypto.com to be pilot merchant for Worldpay’s USDC settlement offering. A leader in Card-to-Crypto processing, Worldpay provides services for 4 of the top 5 cryptocurrency […]

Pontera and Mutual Group Announce Partnership to Enable Advisors to Manage Client Held Away Retirement Accounts

Mutual Group partners with Pontera to securely and compliantly manage clients’ held away accounts, including 401(k)s, 403(b)s and more. NEW YORK & OMAHA, Neb.–(BUSINESS WIRE)–Financial technology company Pontera, formerly known as FeeX, announced today that it has formed a partnership with Mutual Group to enable financial advisors to securely and compliantly manage and trade their […]

POSaBIT Goes Live with Point of Sale in New Mexico as Recreational Sales Begin

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, has brought its point of sale system to New Mexico, coinciding with the start of recreational cannabis sales in the state on April 1. “We are eager to serve this new market and further our expansion as […]

Dalata Hotel Group Drives Further UK Expansion With Opening of £50 Million Hotel in Bristol

With a current pipeline of over 1,100 rooms in prime locations, Dalata is one of the fastest growing hotel groups in the UK BRISTOL, England–(BUSINESS WIRE)–Dalata Hotel Group Plc (“Dalata” or “the Group”), the largest hotel operator in Ireland, growing rapidly in the UK with a presence in continental Europe, today officially opens the Group’s […]

Airwallex Helps Businesses Solve Expenses Pain Point With New Solution in Its Global Product Suite

MELBOURNE, Australia–(BUSINESS WIRE)–Global fintech platform Airwallex is pleased to announce the launch of its global Expenses platform, providing a modern solution for businesses to manage their expenses in a fast, seamless and hassle-free way. With workforces increasingly distributed and remote, expense management has evolved into a significant administrative burden for businesses operating globally. Airwallex solves […]

Veryfi Triples Revenues in 2021, Eliminates Manual Data Entry and Transforms Documents into Structured Data

Uses artificial intelligence to extract data from common business documents, improving data accuracy, saving time, and building wealth of actionable intelligence SAN MATEO, Calif.–(BUSINESS WIRE)–#AIML—Veryfi, using artificial intelligence (AI) technology to transform documents into structured data in just seconds, announced that the company more than tripled revenues in 2021, with strong interest from companies of […]

Best’s Special Report: Rapidly Evolving Digital Environment Revamps Distribution for Property/Casualty Insurers

OLDWICK, N.J.–(BUSINESS WIRE)–An AM Best survey of property/casualty (P/C) insurers found that more than half of respondents consider digitization and technological investments to be the biggest challenges in modernizing distribution and growing sales. The Best’s Special Report, titled, “Rapidly Evolving Digital Environment Revamps Distribution for P/C Insurers,” states that alongside the 56% of respondents that […]

Delphi Display Systems Partners with Toast to Enhance Drive-Thru Solution Offerings

COSTA MESA, Calif.–(BUSINESS WIRE)–Delphi Display Systems, Inc. – a global provider of technology solutions for the Quick Service Restaurant (QSR) industry, announced today that it has integrated and partnered with Toast, Inc. to provide a drive thru order confirmation solution for restaurants. Toast’s restaurant specific platform is fully integrated across point of sale, operations, digital […]

CLARA Analytics Optics Empowers Claims Managers With Intelligent Alerts and Analytics

SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced the release of CLARA Optics, which uses AI and machine learning to scan, sort and analyze bills and medical documents to create a claim-based medical record. CLARA Optics not only lowers claims operating expenses […]

The Bancorp Ranked #25 on Equal Opportunity Magazine’s 2022 Top 50 Employers List

For the third consecutive year, the Company has been chosen by Equal Opportunity Magazine’s readers as a top employer WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (NASDAQ: TBBK) is proud to announce the Company has ranked #25 on Equal Opportunity Magazine’s Readers’ Choice Top 50 Employers list for 2022. This is the third consecutive year The Bancorp […]

Announcing General Availability of the Spring ’22 Release of the Next-Generation Majesco L&A and Group 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 L&A and Group Core Suite insurance software, including Majesco Policy for L&A and Group, Majesco Billing for L&A and Group and Majesco Claims for L&A and […]

Rapidly Growing Startup Moves Advocates for Underserved, Under-represented Gig Workers by Taking Message to Shareholders

Gig Economy Innovator Moves Uses Shareholder Rights to Get Gig Workers Heard at Uber NEW YORK–(BUSINESS WIRE)–Moves, an innovative financial services company designed to serve the needs of U.S. gig workers, today announced it has engaged in a conversation with Uber to elevate the unique challenges faced by multi-app gig workers. The collaboration comes after […]

Kora Launches a Student Virtual Card with Cash Back Rewards Powered by Cardlytics

Kora Rewards by Cardlytics is the latest money-saving feature built right into the Kora app. CHICAGO–(BUSINESS WIRE)–Kora, a financial technology company exclusively serving college students, announced the launch of its Kora Rewards program powered by Cardlytics1. By partnering with Cardlytics, a digital advertising platform that provides cash back rewards to consumers, Kora users can now […]

Introducing Novel, A No-Code Platform to Simplify the Web3 Commerce Experience

Novel raised $6M in seed funding to pioneer the Web3 commerce experience, with the first all-in-one NFT solution, starting with a Shopify integration. NEW YORK–(BUSINESS WIRE)–Novel, the no-code platform for Web3 commerce, announced today their launch on Shopify alongside a $6 million seed round led by Lerer Hippeau to support the development. The Novel founding […]

Pacific Premier Bancorp, Inc. Ranks Fourth in S&P Global Market Intelligence U.S. Bank Performance Ranking for 2021

IRVINE, Calif.–(BUSINESS WIRE)–$PPBI #PPBI–Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) (“Pacific Premier”), the holding company of Pacific Premier Bank (the “Bank,” and together with Pacific Premier, the “Company”), announced today that the Company was ranked fourth among U.S. banks according to S&P Global Market Intelligence’s 2021 performance ranking of public U.S. banks with more than $10 […]

Intercontinental Exchange Reports March and First Quarter 2022 Statistics

First Quarter ADV up 9% y/y; OI up 5% y/y ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported March 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics […]

BitNile Holdings Issues Update that Company Has Invested a Total of $127 Million on Data Center and Bitcoin Miners

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) announced today that the Company has invested a total of $127 million on its bitcoin mining operations at its Michigan data center, including $114.7 million in the purchase of bitcoin miners from BITMAIN Technologies Ltd. (“Bitmain”) and $12.3 […]

Rathbone Funds Adopts Charles River® IMS and State Street AlphaSM Data Platform.

LONDON–(BUSINESS WIRE)–#StateStreetAlpha–Charles River Development, a State Street Company, today announced that Rathbone Funds (Rathbone Unit Trust Management Ltd), the London-based subsidiary of Rathbones Group Plc, has selected the Charles River Investment Management Solution (Charles River IMS) to support their equity, fixed income and multi-asset portfolio management, including managing its security and investment data on the […]

Trulioo Appoints Identity Industry Expert Dawn Crew as First Chief Marketing Officer

Crew brings decades of experience to Trulioo, will bolster go-to-market strategy for global identity solutions amid hyper-growth VANCOUVER, British Columbia–(BUSINESS WIRE)–#AML—Trulioo, the leading global identity verification company, today announced the appointment of Dawn Crew as its first Chief Marketing Officer. Crew brings more than 25 years of experience in defining and leading global marketing strategies […]

Temenos Named a Leader in Digital Wealth Management Platforms by Independent Research Firm

Temenos positioned the furthest for its wealth management product strategy and strength of its offering GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, has been named a leader in The Forrester Wave™: Digital Wealth Management Platforms (DWMP) for Q1 2022. Temenos received the highest scores in the strategy and current offering categories. The report […]

EdgeCo Holdings Finalizes Deal With Financeware to Purchase VMS Hub

The purchase of VMS Hub, an innovative workflow mutual fund processing software, further bolsters EdgeCo Holdings’ suite of technology-enabled solutions. PITTSBURGH–(BUSINESS WIRE)–EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has closed on its acquisition of NSCC trading workflow automation solution, VMS Hub, from […]

Premier Web3 Communications Consultancy Wachsman Bridges NFTs and Culture with New Los Angeles Office

Wachsman’s Los Angeles presence will redefine entertainment, art, and sports as these industries embrace blockchain technologies LOS ANGELES–(BUSINESS WIRE)–Wachsman, a leading global communications and strategy consultancy serving the blockchain, fintech, and Web3 industries, has announced the opening of Wachsman Los Angeles. From film to fashion to music to art, Los Angeles has long established itself […]

Introducing StepFest: Bringing Financial Literacy to Schools Nationwide

Step is empowering high school students across the U.S. to reach financial independence and giving away $125,000 plus a private concert with The Chainsmokers, including an appearance by Charli D’Amelio. PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution for the next generation, today announced a national campaign to help close the financial literacy gap by […]

BlockFills Announces Integration with Sudrania Fund Services to Provide Fund Administration Services

Integration allows Sudrania Seamless Crypto clients to ease reporting and operational lift via BlockFills’ industry-leading API CHICAGO–(BUSINESS WIRE)–BlockFills, a fast-growing global digital asset trading and financial technology company, today announced it has integrated with Sudrania Fund Services Corp. (“Sudrania”), the hyper-growth global leader in digital assets fund administration. The integration pairs two forces in the […]

Arturo Expands Offering with an Intelligent Portfolio-Level Risk Engine

Arturo aims to elevate insurers from property-level decision-making to better respond to the changing climate, resilience and vulnerability of the property ecosystem CHICAGO–(BUSINESS WIRE)–#insurance–Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, today announced a new portfolio-level risk engine designed to help property insurers segment, monitor, manage and respond to risk […]

Cantaloupe, Inc. to Showcase Next-Generation Technology Available for Autonomous Retailers at The NAMA Show 2022

Senior Leaders to Provide Insights into the Changing Landscape, Utilizing Next Generation Tools to Monetize Data and the Role of Innovation MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #artificialintelligence—Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the lineup of next-generation […]

DigiWallet Launches Innovative Mobile Financial Services in Belize with Telepin

Telepin’s cloud-based solution to power countrywide access to mobile financial services OTTAWA, Ontario–(BUSINESS WIRE)–#FinTech—Telepin Software, a global leader in mobile financial services software, today announced that it is powering the pioneering launch DigiWallet, a new, easy-to-use, secure and reliable mobile payment solution nationwide in Belize. With Telepin’s mobile money platform, DigiWallet provides countrywide access to […]

Lime Financial Breaks Volume Record With Nearly 200 Million Shares Executed in a Single Day

Lime Direct’s low latency trading gateway processed 4.5 billion messages with no outages in a volatile first quarter NEW YORK–(BUSINESS WIRE)–Lime Financial, a technology company and agency broker expanding competitive access to everyone who values quality execution, reported that its Lime Direct low latency trading gateway delivered a record-breaking performance in a volatile first quarter […]

Axonics® Launches Direct to Consumer Television Advertising Campaign

IRVINE, Calif.–(BUSINESS WIRE)–Axonics, Inc. (Nasdaq: AXNX), a global medical technology company that is developing and commercializing novel products for the treatment of bladder and bowel dysfunction, today announced the launch of its direct to consumer television advertising campaign. The Find Real Relief campaign is focused on women with any form of urinary incontinence, a large […]

Labster Secures $47M in New Funding Tranche to Expand Global Opportunities for Virtual Science Laboratory Simulations

With new investors including Sofina Group, total investment hits $147 million COPENHAGEN & BOSTON–(BUSINESS WIRE)–Labster (www.labster.com), the world’s leading platform for virtual labs and interactive science, has raised $47 million in additional funding to support massive growth opportunities worldwide. This new capital infusion will enable Labster to further develop in Europe and the United States […]