Business Wire


Gradient AI and Socotra Partner to Provide Intelligent Automation to Insurers Building Underwriting and Claims Solutions

Integrated Solution Leverages Intelligence of Gradient AI’s Vast Dataset of Policies and Claims with Socotra’s Powerful Core Platform BOSTON–(BUSINESS WIRE)–#aiinsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that it has partnered with Socotra, the modern core platform provider for innovative insurers and insurtech MGAs. Providing […]

Compliance Systems’ Simplicity Mobile Solution Achieves 100% Adoption Growth in First Quarter

New cloud-based solution provides BankSouth flexible control, greater communication and modern consumer experience over compliance documentation GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Compliance Systems, the financial industry’s leading provider of modern digital and dynamic compliance documentation, announced today that its Simplicity Mobile solution, launched to the market nearly six months ago, is helping financial institutions such as BankSouth, […]

BuySellAds Expands Portfolio to Out-of-Home (OOH) Advertising with OneScreen.ai Partnership

Partnership extends highly effective OOH advertising opportunities, including billboards, mass transit, and wrapped ice cream trucks to BuySellAds’ customers of all sizes BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, a SaaS-enabled B2B marketplace provider for out-of-home (OOH) advertising, is partnering with BuySellAds (BSA), provider of technology that connects the world’s best independent publishers with high-quality, relevant advertisers. The partnership extends […]

Payfare Expands Collaboration with Visa in the U.S.

Adds Visa Direct to expand real-time payments capabilities for the gig workforce TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced the expansion of its collaboration with Visa in the U.S. After obtaining its Visa Ready for Fintech Enablers certification and expanding […]

Survey: BNPL Has Consumers Confused, 43% Believe BNPL Companies Make Money On the Interest They Collect

Key Misconceptions and Confusion Around BNPL Prevail Amongst Consumers of All Ages MIAMI–(BUSINESS WIRE)–#Fintech–Findings from a new survey on consumer sentiments and understanding around Buy Now, Pay Later (BNPL) illustrates that while BNPL is growing in popularity among consumers with 31% of consumers having used the service, there are still several misconceptions and a prevalent […]

ICE Marks First Anniversary of ICE Futures Abu Dhabi and ICE Murban Crude Futures

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and the Abu Dhabi National Oil Company (ADNOC), today marked the first anniversary since the launch of ICE Futures Abu Dhabi (IFAD) and ICE Murban Crude Oil futures. On March 29, 2021, ICE Murban Crude Oil […]

10 Tech Companies Selected for 12th Annual FinTech Innovation Lab New York, Run by Accenture and Partnership Fund for New York City

Leading financial services firms to mentor financial technology entrepreneurs whose solutions address key industry themes, including sustainability and cryptocurrencies NEW YORK–(BUSINESS WIRE)–Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, a 12-week program founded and run by Accenture (NYSE: ACN) and the Partnership Fund for New York […]

Etisalat UAE, from e& Deploys Netcracker Edge Orchestration to Offer Advanced Private 5G Services

Solution Combines Edge Cloud Applications with 5G to Bring New Value to Vertical Markets WALTHAM, Mass. & ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Netcracker and NEC Corporation announced today that e& (formerly known as Etisalat Group) has deployed Netcracker Edge Orchestration to innovate with 5G and new edge services in vertical markets. Etisalat UAE, from e& […]

Temenos and Mastercard Join Forces to Accelerate the Adoption of Request to Pay

The collaboration aims to drive forward the development of Request to Pay in the UK, making it easier for financial institutions to introduce Request to Pay services for their customers GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, today announced a collaboration with Mastercard, a leading global technology company in the payments industry, that […]

Magnati Enables Businesses to Accept Contactless Payments on Their Own Phones with Technology from Fiserv

Businesses of all sizes will be able to use Android smartphones and tablets as contactless payment terminals BROOKFIELD, Wis. & DUBAI, United Arab Emirates–(BUSINESS WIRE)–#apps–Magnati, a regional leader in the payment solutions industry, is enabling businesses of all sizes to accept contactless transactions of any value using their own Android smartphones and tablets as a […]

Western Union Expands in South Korea with ICB

Customers in South Korea Can Send and Receive Money with the ICB Mobile App SEOUL, South Korea–(BUSINESS WIRE)–Western Union, a global leader in cross-border, cross-currency money movement and payments, today announced the launch of its money transfer services with ICB, one of the leading fintech companies in South Korea, offering customers seamless access to Western […]

NCR Technology Powers Teachers Federal Credit Union’s Digital Transformation, Celent Model Bank of the Year Award Win

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a leading enterprise technology provider, partnered with Teachers Federal Credit Union (Teachers), one of the largest credit unions in the nation, on the successful transformation of its digital-first strategy, resulting in the prestigious Celent Model Bank of the Year Award. Working with NCR Digital Banking, the credit union was able […]

NYU Stern Launches Master of Science in Fintech, Building on Trailblazing Foundation

Global, One-year, Modular Program Prepares Professionals to Lead Change in Fintech NEW YORK–(BUSINESS WIRE)–New York University Stern School of Business today announced the launch of a global, one-year, part-time Master of Science in Fintech Program to provide working professionals the skills and knowledge to lead in the increasingly technological finance sector. NYU Stern was among […]

Waves Labs Launches in the US and Announces Its Leadership Team

MIAMI–(BUSINESS WIRE)–Corbital LLC has announced the launch of Waves Labs, its intention to headquarter in Miami, and several key hires in their U.S. senior leadership team. The move comes hot on the heels of the Waves Transformation plan announced in February 2022. Waves Labs will become the growth engine for the Waves ecosystem in the […]

AIG Announces Strategic Partnerships with BlackRock to Manage Certain AIG and Life & Retirement Assets

BlackRock will manage certain liquid fixed income and private placement assets representing up to $60bn of assets on behalf of AIG and up to $90bn of assets on behalf of AIG’s Life & Retirement business Strategic partnerships provide both AIG and AIG’s Life & Retirement business with access to BlackRock’s world-class asset management capabilities and […]

Taiwan Life Insurance’s App, Powered by Lydia AI, Wins a Celent Model Insurer Award 2022 in Data, Analytics, and AI

TORONTO–(BUSINESS WIRE)–Lydia AI announced that its client Taiwan Life Insurance has received a Celent Model Insurer award for Data, Analytics and AI for their use of external open health data for digital accelerated underwriting in the company’s mobile health score application powered by Lydia AI. Celent’s annual award program recognizes insurance carriers as ‘model insurers’ […]

Aquanow to Join the Pyth Network as a First Party Data Provider

Infrastructure provider to bring trusted digital asset data to specialized oracle solution VANCOUVER, British Columbia–(BUSINESS WIRE)–Aquanow, a leading digital asset infrastructure company and crypto liquidity provider, today announced it will join the continuously expanding Pyth network. Aquanow will feed its high-quality digital asset data to Pyth, a specialized oracle solution for latency-sensitive financial data, and […]

Plinqit Integrates with Banno’s Digital Banking Platform

Community and regional financial institutions can offer accountholders a platform with a non-traditional tool that helps with the first step of the financial wellness journey – saving money ANN ARBOR, Mich.–(BUSINESS WIRE)–Plinqit, the only savings platform of its kind that pays users for learning about personal finances, announced today that its platform is now accessible […]

ICE Expands its U.S. Renewable Fuels Markets With the Launch of Renewable Volume Obligation Futures

NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the launch of two Renewable Volume Obligation futures contracts, expanding ICE’s U.S. renewable fuels futures markets. The U.S. Environmental Protection Agency’s (EPA) Renewable Fuel Standard (RFS) mandates the incorporation of renewable fuels into transportation fuel. Each year, […]

iCapital® and Golub Capital Partner to Expand Access to Private Credit Strategies for Wealth Managers

iCapital’s network of more than 10,200 advisors serving high-net-worth clients will gain streamlined access to Golub Capital’s alternatives expertise NEW YORK–(BUSINESS WIRE)–iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, has partnered with Golub Capital, a market-leading direct lender, to provide wealth managers on […]

SE2 Acquires Breathe Life to Scale SaaS Product and Data Capabilities for Carriers Across the Insurance Lifecycle

Digital new business and distribution capabilities expand end-to-end technology platform Breathe Life’s Montreal headquarters creates springboard for technology talent expansion TOPEKA, Kan. & MONTREAL–(BUSINESS WIRE)–SE2, an Eldridge business and leading life and annuity insurance technology and services company, today announced the strategic acquisition of Breathe Life, a new business hybrid distribution and digital engagement platform […]

Amadis Partners with Groupe BPCE’s PayPlug Division for First Worldwide nexo standards-based SoftPOS Application

Solution allows standardized payment acceptance on smartphones, tablets and COTS MONTREAL & PARIS–(BUSINESS WIRE)–PayPlug (part of the Payment activities of Groupe BPCE) selects Amadis, a global payment software editor, to deploy its nexo based payment acceptance application, on an array of traditional payment terminals and Android SoftPOS devices, through a standardized payment acceptance approach, independent […]

Advisor Circle Announces Powerhouse Female Speaker Lineup for Inaugural Future Proof Festival

The event was just recognized by Choir as one of a cohort of six 2022 conferences committed to the prominence and visibility of women, non-binary people, and people of color on stage BOSTON–(BUSINESS WIRE)–#ChangingFacesofWealth—Advisor Circle, a product and content studio for the financial services industry, is pleased to announce the latest slate of powerhouse speakers […]

Twig Becomes a Certified B Corp and Launches For the Earth Initiative

LONDON–(BUSINESS WIRE)–Twig, the fastest growing European fintech, announces its full B Corp Certification with the highest ever assessment score for a digital bank in the UK, coinciding with the International Forest Day. B Corp Certification is a designation that businesses meet the high standards of verified social and environmental performance. The certification process is subject […]

Sila Launches New Digital Wallet Product ‘Virtual Accounts,’ Partners with Employment Data Aggregator Argyle for Direct Deposit Switching

PORTLAND, Ore.–(BUSINESS WIRE)–#AnewFinancialWorld—Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced the launch of a new product called Virtual Accounts. Virtual Accounts are digital wallets with dedicated account and routing numbers that integrate seamlessly with the U.S. banking system. Sila’s customers can now initiate ACH credits and debits to […]

Alviere, Coinbase Announce Coinbase Prime Partnership That Will Allow Global Brands to Offer Crypto Exchange

Crypto Industry Leader Coinbase Prime and Alviere Launch a Groundbreaking Partnership to Integrate Crypto Infrastructure and Services Into Alviere’s Embedded Finance Platform NEW YORK–(BUSINESS WIRE)–Alviere, the leading global embedded fintech that enables any brand to deliver a full suite of financial products and services to customers, fans and employees, today announced a partnership with Coinbase […]

Outgo Emerges from Stealth with a First-Of-Its-Kind Vertical Banking Solution in the Freight Industry

SEATTLE–(BUSINESS WIRE)–Outgo, a new all-in-one banking solution for freight carriers, today announced it has emerged from stealth with $3.4 million in funding led by Neo and PSL Ventures, along with Bezos Expeditions, Dan Lewis (CEO, Convoy), Jason Droege (Founder, Uber Eats), Jason Davis (CEO, Simon Data), and other angel investors. Outgo will use the new […]

The FINEOS Platform Winter Release Delivers Group, Voluntary and Absence Management Enhancements Essential to Insurers, Employers, and Employees

FINEOS product updates fortify sales and services efficiencies, enable new product speed to market, and enhance multiple customer experiences ATLANTA–(BUSINESS WIRE)–#absencemanagement–The FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally, released a set of product updates within the cloud-native FINEOS Platform that provide expanded capabilities across Group, Voluntary, and Absence […]

ICE Announces Second Expiry in ICE Midland WTI American Gulf Coast Futures With 2.5 million Barrels Going to Delivery in April

HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (contract code: HOU) went to its second expiry on March 23, with 2,588 contracts going to delivery in April, almost double the 1,400 contracts which went to […]

NICE Actimize Wins FinTech Breakthrough Award for Fraud Prevention Innovation with AI-Powered IFM-X Dark Web Intelligence and New Account Fraud Solutions

Both solutions leverage the power of NICE Actimize’s IFM-X enterprise fraud management platform powered by artificial intelligence and machine learning HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (Nasdaq: NICE) business today announced that its IFM-X Dark Web Intelligence and New Account Fraud solutions have been selected as winners of the “Fraud Prevention Innovation Award” by FinTech […]

Flyp Financial Launches NeoBank With Unique Gamified Rewards Program

Fintech Startup focuses on providing a social, transparent and accessible banking option CHARLOTTE, N.C.–(BUSINESS WIRE)–#app–Flyp Financial, creators of the mobile banking app “Flyp,” today officially announced the availability of their app in both Google Play and App Store. The app, which offers a series of banking features including a gamified rewards program, is now live […]

FIS Digital One Financial Wellness Suite Products Enable Community Banks to Deliver Simplified, Personalized Financial Services

Key facts FIS Digital Banking customers now have access to more advanced tools as FIS adds enhancements to its Digital One hosted platform with Digital One Financial Wellness Suite. Spending Insights, the newest addition to Digital One Financial Wellness Suite, is being used by more than 85 banks to bring advanced online banking experiences and […]

FIS Digital One Financial Wellness Suite Products Enable Community Banks to Deliver Simplified, Personalized Financial Services

Key facts FIS Digital Banking customers now have access to more advanced tools as FIS adds enhancements to its Digital One hosted platform with Digital One Financial Wellness Suite. Spending Insights, the newest addition to Digital One Financial Wellness Suite, is being used by more than 85 banks to bring advanced online banking experiences and […]

DIGITAL DRIVER ESSENTIALS – Working Beside the Insurer to Manage Risk and Encourage Safer Driving of the Policyholder

This product creates a beneficial feedback cycle where both the policyholder and the Insurance see advantages from safe driving ROME–(BUSINESS WIRE)–#digitaljourney–OCTO Telematics, the leading Insurance and Fleet Telematics services and analytics provider, today announces the latest evolution of Digital Driver Essentials, a smartphone-based solution for Insurance companies that helps companies to move fast in their […]

Cantaloupe Inc. Unveils Cantaloupe ONE Platform™

Platform-As-A-Service Offering Enables Retailers to Future-Proof their Business with No Up-Front Fees MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail–Today, 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, announced the launch of the Cantaloupe ONE Platform™. A first-of-its-kind bundled subscription model, Cantaloupe […]

CICC Hong Kong Asset Management Selects ICE Index for CICC Carbon Futures ETF

ATLANTA, NEW YORK & HONG KONG–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that China International Capital Corporation Hong Kong Asset Management Limited (CICC HKAM) has selected the ICE EUA Carbon Futures Index (Excess Return) for its CICC Carbon Futures ETF. The ICE EUA Carbon […]

North Arkansas Bank Partners With Arkansas-Based Fintech to Streamline Lending Process

First National Bank of North Arkansas selects Teslar Software’s advanced platform to boost efficiencies, improve lender and borrower experience SPRINGDALE, Ark.–(BUSINESS WIRE)–First National Bank of North Arkansas has selected Teslar Software’s robust lending process automation platform to enhance commercial lending operations. The Berryville, Ark-based bank will leverage Teslar’s technology to further automate and expedite their […]

State Street, Charles River® Development and Advisor360° Announce Strategic Partnership to Deliver an Integrated Technology Solution to the Wealth Management Industry

BOSTON–(BUSINESS WIRE)–Charles River Development, a State Street Company, together with Advisor360°, a wealth management software company, today announced a strategic partnership to offer their wealth management platforms, deeply integrated and engineered to help increase productivity, streamline operations, and manage costs for enterprise wealth management firms. Mutual clients of Charles River and Advisor360° will have access […]

Cross River Expands Its Cryptocurrency Services; Selects Chainalysis as Partner for Best-In-Class Compliance

NEW YORK–(BUSINESS WIRE)–Chainalysis, the blockchain data platform, today announced a partnership with Cross River, a technology-driven financial services organization that provides core infrastructure and embedded financial solutions. Cross River is known for providing financial services to the fintech and crypto sectors and will utilize Chainalysis tools to compliantly expand its offerings to additional cryptocurrency businesses. […]

Global Processing Services Announces New Partnership With Mastercard to Power ‘Next Generation Payments’ Technology to Global Fintechs

Mastercard deepens a decade long collaboration with GPS, launching and scaling hundreds of card programmes for some of the most successful fintechs in the world GPS recently raised over US$400 million in new capital to accelerate investment in open API, cloud-based technology, driving global expansion into many of the world’s largest markets over the next […]