SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management (“CSOP”) will launch its third public fund in Singapore on 13 July 2022 and the initial offer period has started on 5 July 2022. Initially launched through retail distribution platform Moomoo Financial Singapore Pte. Ltd., a leading online broker in Singapore and Hong Kong, CSOP USD Money Market Fund will invest […]
Personetics’ financial data-driven customer engagement platform will help create a more digitalized banking experience for iBank’s regional bank partners FUKUOKA, Japan–(BUSINESS WIRE)–Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely […]
Leading retirement technology firm launches ‘Keystone by Smart’, a global platform to spur forward the US$62 trillion retirement savings sector Enables financial services organisations and governments to deliver 21st century tech within months, generating radically greater value for millions of savers through workplace pensions More than a million hours and $100s of millions of R&D […]
Schwab’s accelerated investment in advisor technology continues to yield new digital tools that help independent advisors pursue growth and increase efficiency WESTLAKE, Texas–(BUSINESS WIRE)–$SCHW #RIAs–Schwab Advisor ServicesTM has introduced new enhancements to its industry-leading digital onboarding capabilities, enabling independent advisors to open and fund up to 10 new client accounts in one “digital envelope,” which […]
Happy Money will accelerate awareness at scale through iHeartMedia, reaching nine out of 10 monthly consumers in the U.S. NEW YORK–(BUSINESS WIRE)–iHeartMedia, the leading audio media company in the U.S. and the No. 1 podcast publisher globally according to Podtrac, and Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced […]
WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced today that XpressCredit™, a fintech that focuses on the small independent auto dealer market, has selected Lokyata’s BankAnalyze solution to help support auto loan decisioning for XpressCredit’s network of thousands of independent auto dealers nationwide. XpressCredit provides auto […]
SAN FRANCISCO–(BUSINESS WIRE)–SmartBiz®, the leading AI-powered financing platform for small businesses and Cross River®, a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced a partnership to equip more U.S. small businesses with access to the financing they need to grow. The partnership enables Cross River to leverage SmartBiz’s best-in-class […]
VLoad digital payments platform provides industry-leading privacy and security to merchants and consumers MIAMI–(BUSINESS WIRE)–Global Primex, a privacy-first payments company specializing in secure digital payment solutions for merchants and consumers, today announced the launch of its payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank (NYSE: MCB). VLoad is an innovative online payment […]
Cowbell Cyber helps small and medium-sized enterprises mitigate the risks associated with cybercrimes, ransom attacks, data breaches and more PALO ALTO, Calif.–(BUSINESS WIRE)–First Connect Insurance Services, a digital platform designed to provide independent agents with access to the nation’s top carriers, announced today the addition of Cowbell Cyber, the leading provider of cyber insurance for […]
ATLANTA–(BUSINESS WIRE)–Speedchain, Inc. a fintech focused on revolutionizing business to business payments via a modern connected data platform, has entered into an agreement with Polygon, a leading blockchain and scaling solution for decentralized systems and applications. The partnership will add capacity to Speedchain’s data and payments platform that has distributed $1.6 Billion in both corporate […]
NEW YORK–(BUSINESS WIRE)–Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a strategic growth investment in Optima Partners Holdings (“Optima” or the “Company”), a leading provider of specialized compliance advisory services to the investment management industry in the United States, United Kingdom, and Hong Kong. Headquartered in New York City, Optima provides clients […]
Lightspeed Limited Partners lean into new funds, bringing total committed capital under management to over $18B MENLO PARK, Calif.–(BUSINESS WIRE)–Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, […]
Acquisition positions company as single vendor, best-of-breed payments and engagement solutions provider BIRMINGHAM, Ala.–(BUSINESS WIRE)–#AreYouIn—Prepaid Technologies, a pioneer in the rapidly growing digital payments solutions market, today announced the acquisition of WorkStride, a leading provider of incentive, employee recognition and rewards programs. The acquisition comes after Prepaid Technologies raised $96M in growth financing from Edison […]
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores SAN JOSE, Calif.–(BUSINESS WIRE)–Recent research from Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk […]
PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of end-to-end fintech and regtech solutions, has been selected as one of the 2022 Best Places to Work in Illinois and Kentucky, ranking 7th and 22nd, respectively, in the large company category. The Best Places to Work in Illinois list is a project of […]
Accelerates implementations of its next-gen credit processing stack in the US with key hires SAN FRANCISCO–(BUSINESS WIRE)–#Appointment–Zeta, a banking-tech company and provider of next-gen credit card processing, today announced the appointment of Karla Booe as Chief Compliance Officer. Based in Little Rock, Arkansas, Booe will be responsible for driving regulatory compliance programs for Zeta’s US […]
The integration empowers institutions using GK8’s platform to launch their own decentralized applications in the bustling NEAR ecosystem TEL AVIV, Israel–(BUSINESS WIRE)–#GK8—GK8, the leading institutional-grade self-managed digital asset custody platform, announces its integration with NEAR Protocol, a leading next-generation blockchain ecosystem. The integration allows GK8 users to enter NEAR’s bustling Web3 network, deploying decentralized solutions […]
Acquisition further extends Softek’s services available to Broker-Dealers and RIAs TORONTO & DENVER–(BUSINESS WIRE)–#brokerdealers—Softek, a leading provider of Capital and Credit management solutions, today announced it acquired Gentech (H2 FinTech) formerly part of GWM Holdings Inc. Gentech (H2 FinTech) is an innovative technology and software services firm addressing the day-to-day challenges of RIAs and Independent […]
The Pan-European B2B Fintech Platform Can Now Prioritise In-house Alerts More Effectively While Adding Advanced Anomaly Detection PRAGUE–(BUSINESS WIRE)–Resistant AI, the AI and machine learning financial crime prevention specialists, today announced that FINOM, the Netherlands-based B2B fintech platform for small businesses and professionals, has selected Resistant AI Transactions Forensics to bolster its anti-money laundering measures. […]
Motive raises $2.54 billion for Motive Capital Fund 2 and affiliated co-investment vehicles, bringing the firm’s regulatory assets under management to over $5.5 billion Fund 2 was oversubscribed and closed above its original hard cap of $1.5 billion This fundraise supports Motive’s mission to build a leading fully integrated private equity firm focused on technology-enabled […]
Plinqit joins San Diego Wave FC at Torero Stadium to celebrate the 50th anniversary of Title IX and promote positive financial health for all ANN ARBOR, Mich.–(BUSINESS WIRE)–Plinqit, the only savings platform of its kind that pays users for learning about personal finances, will present San Diego Wave FC’s match on July 15 commemorating 50 […]
With more than 1,200 companies nominated and over 18,000 votes cast, Airwallex was chosen as a member of this year’s prestigious fintech influencers list LONDON–(BUSINESS WIRE)–The Fintech Power 50, a list of the 40 most innovative companies and 10 visionary personalities shaping the financial services industry, has been revealed for 2022. The exclusive annual program […]
Opening a Resware order triggers Flueid Decision, front loading data at the start of the title production process without having to leave Resware The integration natively embeds and delivers data, insights and underwriter-backed clearance decisions to streamline process and support a predictable transaction, every time AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading real estate technology company using […]
As consumers rapidly change how and where they bank, credit unions maintain commitment to modernized digital experiences DETROIT–(BUSINESS WIRE)–After recently converting 16 credit unions to its end-to-end digital service ecosystem, Bankjoy has renewed with six additional credit unions, pointing to credit unions’ commitment to delivering superior, modern digital experiences. Featuring a fast and seamless implementation […]
Funding to Accelerate Software and Business Development Capabilities as Asset Class Continues U.S. and European Growth Series A Round Includes Live Oak Ventures, Plexus Capital and Total Technology Ventures DUBLIN–(BUSINESS WIRE)–Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, announced today that it has completed a $11.6 […]
NEW YORK–(BUSINESS WIRE)–Chimney™, a leader in financial guidance for the digital age, has added more than 60 new financial institution clients in the last year, as more banks, credit unions and lenders invest in digital experiences that are personalized to their customers’ needs. As a result, Chimney’s interactive tools surpassed 20 million user sessions, helping […]
Scoring best-in-class in data methodology, NICE Actimize’s Watchlist solution manages the complexities of the evolving sanctions landscape HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as a Category Leader in the inaugural Chartis Research “Financial Crime Risk Management Systems: Watchlist Monitoring Solutions, 2022 Market Update and Vendor Landscape” report among a […]
Ault Energy to partner with White River Holdings Corp on drilling projects across 30,000 acres in Texas, Louisiana and Mississippi LAS VEGAS–(BUSINESS WIRE)–$AGH #30000_acres—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today announced the formation of Ault Energy, LLC (“Ault Energy”), a subsidiary of Ault Alliance, Inc., itself a […]
Cacheflow completes the tech stack for sales by closing the last loop with customers: propose, close and get paid. LOS ALTOS, Calif.–(BUSINESS WIRE)–Nine months after coming out of stealth, Cacheflow is bringing its product into general availability to help software companies close deals faster. In today’s uncertain economy, CROs are looking to get more ARR […]
Prove’s industry-leading identity verification and cryptographic authentication solutions help reduce friction and fraud while improving the customer experience NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has facilitated 25 million “radically simple” customer credit card applications with Synchrony (NYSE: SYF), a premier consumer financial services company. Synchrony leverages Prove’s […]
Moonfare continues to expand at accelerating pace, doubling assets in less than a year to $2 billion AuM and surpassing 40,000 registered users By achieving these milestones, Moonfare proceeds along its exponential growth trajectory further consolidates its role as global digital leader of the “private equity goes retail” phenomenon Individual investors increasingly turn to private […]
LONDON–(BUSINESS WIRE)–#SLT–Objectway, a global wealth, banking & asset management software provider, has been recognised as the market’s leading firm for Private Banking and Wealth Management deals in the IBS Intelligence Sales League Table (SLT). Objectway also got a very favorable place in the SLT Leaderboard for Private Banking & Wealth Management, a reflection of the […]
OMAHA, Neb.–(BUSINESS WIRE)–#digitalpayments—BHMI, a leading provider of enterprise software applications and creator of the Concourse Financial Software Suite®, and Payshop, a subsidiary of Banco CTT and part of the CTT Group, received the “Editor’s Choice Award” at the recent PayTech Awards 2022 ceremony in London on July 1. Produced and hosted by FinTech Futures, the […]
Fintech startup brings collaborative banking to leading fintech incubator PROVO, Utah–(BUSINESS WIRE)–Asa connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. The company today announced its acceptance into a fintech incubator hosted by BECU and CoMotion, the innovation arm of the University of Washington. The year-long program kicks off […]
White glove mobile banking and financial services app leverages global issuer processor’s modular technology to expand product portfolio and market reach REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Colorado-based financial technology company Marygold & Co., to power the platform’s Tap to Pay Debit […]
Acquisitions support LPC’s mission to create lasting social impact in historically underserved Black and Latino communities LPC crosses $100+ million AUM milestone LOS ANGELES–(BUSINESS WIRE)–Black-owned real estate investment company Langdon Park Capital (LPC) has expanded its growing portfolio, which now totals more than $100 million of assets under management, with the acquisition of two multifamily […]
New solution enables unprecedented risk mitigation for lenders through contractor management, project monitoring, and stakeholder collaboration in a unified dashboard NASHVILLE, Tenn.–(BUSINESS WIRE)–#construction—Built Technologies (Built), the fastest growing construction finance platform in the U.S., today announced Project Pro, the first-of-its-kind contractor management and project monitoring solution for lenders. Construction lenders around the world are limited […]
HUNTSVILLE, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a Fintech company that simplifies digital marketing for banks and credit unions by utilizing data insights and AI to deliver personalized offers and experiences across digital channels, announced the addition of its new 3D Story On The Go™(OTG) product extension to its Digital Experience Platform (DXP). This significant expansion of their […]
NEW YORK–(BUSINESS WIRE)–Carver Edison, a New York City-based financial technology company which creates upward mobility solutions for employees of publicly traded companies, and Morgan Stanley at Work, a workplace financial solutions provider, announced today the successful implementation of an application programming interface (“API”). The integration optimizes the administration and management of Employee Stock Purchase Plans […]
Argyle’s Contributions to Industry Standards Body Underscore Company’s Mission of Equitable Financial Access for Everyone NEW YORK–(BUSINESS WIRE)–Argyle, the leading employment data platform providing companies access to user permissioned employment records, announced today it has joined the industry standards body Financial Data Exchange (FDX). Through its FDX membership, Argyle will help shape industry standards for […]
