Rebrand reflects company’s transformation to a tech-forward provider of payment, lending and saving solutions COLUMBUS, Ohio–(BUSINESS WIRE)–Alliance Data (NYSE: ADS) today announced it will now be known as Bread Financial, a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions. After a multi-year transformation to streamline its business model, Bread Financial […]
VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced the formation of Mogo Ventures to manage its existing investments in strategic partners and companies that support Mogo’s ecosystem, including: A 39% stake in Coinsquare, one of Canada’s leading crypto exchanges; Investments in leading and […]
Citi is working with global fintech Stenn to help close the financing gap faced by many international small and medium sized enterprises (SMEs) LONDON–(BUSINESS WIRE)–Citigroup Inc. (NYSE: C) Citi has announced that it has started working with Stenn, a global platform providing SME funding, as part of the expansion of its global trade payables finance […]
LONDON–(BUSINESS WIRE)–#climatesolution—Climate X, a London-based climate risk analytics provider, has raised £4.1M (€5M/$5.4M) in seed funding. CommerzVentures and A/O PropTech led the round – joined by Voyagers Climate Tech Fund, Blue Impact Ventures, Deloitte LLP and angel investors including David Rowan (founding Editor-in-Chief at WIRED), Kat Borlongan (former Director at La French Tech) and Renaud […]
DUBLIN–(BUSINESS WIRE)–The latest IBS Intelligence report, in partnership with CR2 (www.cr2.com), looks at how critical digital onboarding is for banks and other financial institutions to retain their current customers while also attracting new ones. As a result, banks are attempting to create an easy, tailored, and frictionless end-to-end digital buying and contracting experience. Having the […]
Partnership enables Vattanac Bank to expand and streamline multi-currency payouts from Cambodia to key economic corridors across EMQ’s global network SINGAPORE & PHNOM PENH, Cambodia–(BUSINESS WIRE)–#London–Vattanac Bank, a leading Bank in Cambodia today announced a partnership with global payments network EMQ, to facilitate real-time cross-border payments across Asia, with more markets in the pipeline. By […]
MIAMI–(BUSINESS WIRE)–Florida-based digital insurance agency HoneyQuote.com has been acquired by one of the largest independent insurance agencies, NSI Insurance Group – a move that will enable the startup to expand its operations nationally, launch new product lines, and facilitate larger distribution partnerships. HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its […]
IA50 selects Volery for second consecutive year. GREENWICH, Conn.–(BUSINESS WIRE)–Volery Capital, a private equity firm focused on growth investments in companies that address climate change and economic inclusion, was included in the ImpactAssets 50 Emerging Managers list for the second consecutive year. ImpactAssets has released the ImpactAssets 50 2022 (IA 50), a database for institutional […]
New solutions integrate and harmonize information from existing systems and silos to provide a wealth of business benefits for financial services firms CAMBRIDGE, Mass.–(BUSINESS WIRE)–InterSystems, a creative data technology provider dedicated to helping customers solve the most critical scalability, interoperability, and speed problems, has announced the release of a new suite of solutions for the […]
The new app will bring banking on-the-go to underserved residents in Detroit DETROIT–(BUSINESS WIRE)–One Detroit Credit Union, with $56 million in assets and 11,000+ members, announced today that it will launch a new mobile banking app with its long-standing partner and digital banking provider Bankjoy. Mobile banking 2.0 represents a significant upgrade to the credit […]
NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic AI, announced its AI-based underwriting platform has been named a winner in the 2022 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. The Artificial Intelligence Excellence Awards recognize organizations, products and people who bring AI to life and apply it to solve real problems. The […]
NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic AI, announced its AI-based underwriting platform has been named a winner in the 2022 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. The Artificial Intelligence Excellence Awards recognize organizations, products and people who bring AI to life and apply it to solve real problems. The […]
A 100% spoofing-prevention rate for both 3D printed and resin facial masks, confirms FaceMe® as a leading facial recognition solution for preventing biometric fraud in remote applications, such as online banking, requiring identity verification before granting access to sensitive data or valuable assets. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition, […]
A 100% spoofing-prevention rate for both 3D printed and resin facial masks, confirms FaceMe® as a leading facial recognition solution for preventing biometric fraud in remote applications, such as online banking, requiring identity verification before granting access to sensitive data or valuable assets. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition, […]
HousingWire Q&A points to digital lending’s benefits in mortgage arena in an era of accelerated innovation and digital transformation MINNEAPOLIS–(BUSINESS WIRE)–#digitallending–Businesses are increasingly focused on what can be achieved by shifting from manual to automated processes, especially in terms of attaining greater economies of scale and cost efficiencies. In the world of financial services and […]
ALTR’s patented security technologies and unprecedented combination of data control and protection form the foundation for Q2 Trustview™, powered by ALTR, to provide data governance and security to Q2 banking and lending customers. AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, and ALTR, innovator of complete […]
The partnership enables consumers to participate in reforestation efforts, planting a geotagged tree in their name. One hundred thousand mangrove trees to be planted in Kenya, Uganda and Madagascar NEW YORK CITY–(BUSINESS WIRE)–#RedoReceipts–e.pop, a digital receipts fintech with a mission to transform the payments ecosystem for merchants and consumers, and eliminate paper receipt waste, announced […]
Fintech company that uses AI and machine learning techniques to transform the underwriting process achieves second securitization since June 2021, led by Cantor Fitzgerald; and closes a $13 million Series A funding used to expend R&D and operations TEL AVIV, Israel–(BUSINESS WIRE)–Reigo Investments, a global financial real estate technology company using data science and artificial […]
● Highland Europe, the growth investor behind Matchesfashion.com, Threads and Huel, is leading the investment ● Female-founded ME+EM is seeing triple digit growth as consumers prioritise higher quality purchases with sustainability credentials ● US, Australia and Middle East are key growth geographies LONDON–(BUSINESS WIRE)–ME+EM – the UK’s first, and fastest growing direct-to-consumer luxury fashion brand […]
Companies on the 2022 Inc. 5000 Regionals Southwest list had an average growth rate of 154 percent. AUSTIN, Texas–(BUSINESS WIRE)–Inc. magazine announced today that Red Fan Communications is No. 126 on its third annual Inc. 5000 Regionals Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and […]
SoFi’s recent Technisys acquisition cements strategic commitment to Latin America as the definitive standard for vertically integrated financial technology platforms BOGOTA, Colombia–(BUSINESS WIRE)–Galileo Financial Technologies, a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced its recent expansion into Colombia. Galileo is currently providing services in Colombia where it can partner with issuers, banks, ecommerce […]
Lemonade Crypto Climate Coalition to offer climate insurance to the world’s most vulnerable farmers. NEW YORK–(BUSINESS WIRE)–The Lemonade Foundation, the nonprofit founded by Lemonade to effect exponential social and environmental impact through technology, announced today the formation of the Lemonade Crypto Climate Coalition. The coalition is being constituted as a Decentralized Autonomous Organization (DAO), dedicated […]
Innovative Approach Reduces Business Risk While Increasing Opportunity for Newcomers to Access Housing by Tapping Into International Credit History NEW YORK–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, and SafeRent Solutions, an innovator in resident screening and renters insurance solutions, today announced […]
SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has launched their point of sale and payments solution in two new markets: Texas and Georgia. These are the seventeenth and eighteenth states overall where a POSaBIT solution is active. “As a […]
SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has launched their point of sale and payments solution in two new markets: Texas and Georgia. These are the seventeenth and eighteenth states overall where a POSaBIT solution is active. “As a […]
TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, announces boosted rewards on fuel purchases for all U.S. DoorDash Dashers with a DasherDirect debit card powered by Payfare. Cardholders can now earn 10% cash back on gas, an increase from the existing 2% cash back […]
Provenir adds AI horsepower to its decisioning platform to access, analyze, and action data with greater accuracy LONDON–(BUSINESS WIRE)–FINOVATE EUROPE 2022 — Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today introduced Provenir AI, giving financial institutions the power of artificial intelligence (AI) for better and faster risk decisioning while […]
Integration of Asian and European businesses to create a global credit intelligence provider Technology investment will develop new cloud-based data and analytics platform and expand offering across more geographies, asset classes, and product lines LONDON–(BUSINESS WIRE)–Pepper European Servicing, a UK-headquartered loan servicing company, announces a major business transformation and investment programme through which it will […]
Platform will enable faster credit decisions and increased credit access across customer segments NEW YORK–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that it has added DMI Finance as a client. The Scienaptic platform is used by lenders with assets exceeding $100 billion, enabling them to process over $22 billion […]
BOSTON–(BUSINESS WIRE)–Andes Wealth Technologies, an innovative wealth technology company, has been named the WealthBriefing 2022 WealthTech Americas Award in the Thought Leadership category. Showcasing the ‘best of breed’ in the Americas, the awards have been designed to recognize outstanding organizations grouped by specialty and geography which the prestigious panel of an independent advisory board deemed […]
11 startups will present to a live and webcast audience on March 31, 2022 EDMONTON, Alberta–(BUSINESS WIRE)–Alberta Innovates and 500 Global, one of the world’s most active venture capital firms, are unveiling today the inaugural batch of the Alberta Accelerator by 500. 500 Global selected 11 startups for Batch 1 of the Alberta Accelerator by […]
XTM Gains Access to Multiple POS Systems Through a Single Integration MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that it has completed a technical […]
Companies facilitate access to tokenized consumer data to enable businesses to better serve customers across their many financial touchpoints BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, and MX, a financial data platform provider and a leader in modern connectivity, are accelerating the future of open […]
Companies facilitate access to tokenized consumer data to enable businesses to better serve customers across their many financial touchpoints BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, and MX, a financial data platform provider and a leader in modern connectivity, are accelerating the future of open […]
NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today announced that it has launched two new thematic equity index futures contracts: the ICE Biotechnology Gross Total Return (GTR) Index and the ICE Semiconductor GTR Index futures contracts. The ICE Biotechnology GTR Index futures contract is cash-settled with […]
NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today announced that it has launched two new thematic equity index futures contracts: the ICE Biotechnology Gross Total Return (GTR) Index and the ICE Semiconductor GTR Index futures contracts. The ICE Biotechnology GTR Index futures contract is cash-settled with […]
The new commercial — titled “Make the Connection” — evokes the heart of ICE’s business model of creating transparency in markets to help drive opportunity The updated brand further unifies the company and tells the ICE story as one cohesive organization NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology […]
New Product Uses Esri Data and Geocoding to Expand Financial Services to Underserved Markets REDLANDS, Calif.–(BUSINESS WIRE)–MO Technologies, which offers financial technology (fintech) companies a more complete view of a person’s creditworthiness through location intelligence, has adopted Esri’s ArcGIS Platform to provide the precise, frequently updated data at the core of MO’s tools used to […]
SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–$PAY #gigworkers–Lyft (NASDAQ: LYFT) and Payfare (TSX: PAY) launched a cash back rewards program on all fuel purchases for U.S. Lyft drivers using a Lyft Direct debit card, powered by Payfare. In immediate response to rising fuel prices, Lyft Direct cardholders will now receive an increase in cash back rewards of […]
BASINGSTOKE, England–(BUSINESS WIRE)–#consumercreditcard–A new Juniper Research study has found that the value of global consumer credit card rewards will exceed $108 billion by 2026; rising from $92 billion in 2022. This 15% growth will be driven by an increase in adoption of co-branded credit cards by retailers to boost repeat user engagement. The new research, […]
