Business Wire

Bento Engine Announces Seed Funding From Wealth Management Industry Leaders thumbnail

Bento Engine Announces Seed Funding From Wealth Management Industry Leaders

NEW YORK–(BUSINESS WIRE)–#CRMPartner—Bento Engine Inc., (“Bento”) a FinTech empowering financial advisors to deliver proactive, comprehensive advice at scale to better serve clients, deepen relationships and convert more prospects, today announced a substantial investment from veteran wealth management leaders and senior executives following a year of accelerated growth and adoption by financial advisory firms. Bento’s technology […]

YieldX Announces Partnership with Jefferies to Empower Advisors with Optimized, Yield-Driven Portfolio Construction Suite thumbnail

YieldX Announces Partnership with Jefferies to Empower Advisors with Optimized, Yield-Driven Portfolio Construction Suite

After a successful pilot, Jefferies expands its partnership with YieldX to offer more advisors access to leading yield-driven portfolio construction tools MIAMI–(BUSINESS WIRE)–YieldX, a FinTech company reimagining fixed income investing, today announced a partnership with Jefferies. Jefferies’ Wealth Management advisors will now be able to access and leverage the full YieldX solution set to broaden […]

Flexiti Reaches $2 Billion in Loan Originations thumbnail

Flexiti Reaches $2 Billion in Loan Originations

Rapidly growing Canadian fintech brand doubles loan volume in under a year TORONTO–(BUSINESS WIRE)–Flexiti Financial Inc. (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, is pleased to announce that the company has reached $2 billion in lifetime originations. The milestone has been achieved after the company reached $1 billion in total loan originations in […]

Brace Announces New KPIs for Measuring Mortgage Servicer Impact thumbnail

Brace Announces New KPIs for Measuring Mortgage Servicer Impact

New success metrics and benchmarks for Servicers in the digital age include proactive efficiency, in-house compliance and consumer empowerment targets. LOS ANGELES–(BUSINESS WIRE)–Brace, the mortgage servicing infrastructure fintech, shares insights on the power of harnessing the most effective targets in the new, digital age of mortgage. Current mortgage servicing Key Performance Indicators (KPIs) tend to […]

Praxent Supports Sage Equity Partners in Launching Crowdfunding Platform for Modern Investors thumbnail

Praxent Supports Sage Equity Partners in Launching Crowdfunding Platform for Modern Investors

Praxent helps private equity investment firm launch new brand and digital crowdfunding investment site AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech UX design and engineering partner to financial companies, today announced that it has supported Sage Equity Partners LP, a private equity investment firm that specializes in income producing, asset-backed investments. Based in Houston, Texas, Sage Equity […]

Mako Fintech SOC 2 Certification Increases Institutional-Grade Security to Canadian Wealth Managers thumbnail

Mako Fintech SOC 2 Certification Increases Institutional-Grade Security to Canadian Wealth Managers

MONTREAL–(BUSINESS WIRE)–Mako Fintech, a leading fintech platform that automates wealth management workflows, is pleased to announce that it has successfully completed the Service Organization Control (SOC) 2 Type 1 audit. The SOC 2 audit assesses the suitability, integrity, and effectiveness of an organization’s security, availability and confidentiality controls. “Wealth managers should have confidence that their […]

Vamstar Closes $9.5M Series A to Expand AI-Based Global Healthcare Supply Chain Platform thumbnail

Vamstar Closes $9.5M Series A to Expand AI-Based Global Healthcare Supply Chain Platform

Industry veterans simplify sourcing and procurement for hospital administrators and healthcare suppliers LOS ANGELES & LONDON–(BUSINESS WIRE)–Vamstar, the leading AI-enabled global sourcing and procurement platform for medical supplies and pharmaceuticals, today announced the close of its $9.5 million Series A funding round. Alpha Intelligence Capital (AIC) and Dutch Founders Fund (DFF) led the round, which […]

SeedBlink Collaborates With TDCX to Help Its Portfolio Companies Acquire New Customers and Build Customer Loyalty thumbnail

SeedBlink Collaborates With TDCX to Help Its Portfolio Companies Acquire New Customers and Build Customer Loyalty

Collaboration will help startups to accelerate growth and to improve cost efficiency BUCHAREST, Romania–(BUSINESS WIRE)–SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, with the aim of helping its portfolio companies accelerate […]

Napier’s Multi-org Deployment Model Delivers Reduced Total Cost of Ownership for Regulated Organisations thumbnail

Napier’s Multi-org Deployment Model Delivers Reduced Total Cost of Ownership for Regulated Organisations

LONDON–(BUSINESS WIRE)–Napier, provider of leading anti-financial crime compliance solutions, has announced a multi-org deployment capability for regulated firms looking to streamline and scale their financial crime risk management technology across multiple business entities. Napier’s multi-organisation (multi-org) capability is a versatile approach to RegTech cloud deployment that offers firms the opportunity to deploy its technology across […]

Amadis Unveils OLA Payment Processing Standard thumbnail

Amadis Unveils OLA Payment Processing Standard

Enables an industry first, a standard way for L2 and L3 transactions to communicate MONTREAL–(BUSINESS WIRE)–#AmadisPayments—Amadis, a global payment software editor, today announced OLA (Open Level 2 API), a standard that enables standardized interface between EMV Level 2 stack and EMV Level 3 payment applications, independent of device, Operating System or geography. It precisely defines […]

Mojaloop Foundation Launches the Mojaloop CBDC Center of Excellence in Singapore thumbnail

Mojaloop Foundation Launches the Mojaloop CBDC Center of Excellence in Singapore

Initiative Brings Together the Fintech Ecosystem to Explore How Central Bank Digital Currency Technologies and Mojaloop Open Source Software Can Drive Inclusion at Scale SINGAPORE–(BUSINESS WIRE)–The Mojaloop Foundation today announced the launch of its Mojaloop Central Bank Digital Currency (CBDC) Center of Excellence (COE) in Singapore to advance financial inclusion in emerging markets. In addition, […]

Evergreen Bank Group Expands Partnership With HC3 to Handle Entire Portfolio of Bank Statements and Notices thumbnail

Evergreen Bank Group Expands Partnership With HC3 to Handle Entire Portfolio of Bank Statements and Notices

-Evergreen Bank Group also integrates HC3’s services into digital banking provider Narmi to digitally present customer communications- BIRMINGHAM, Ala.–(BUSINESS WIRE)–Oak Brook, Ill.-based Evergreen Bank Group has expanded their services with long-time partner HC3 to manage all of the bank’s print, mail and digital statements and notices. In addition the bank tasked HC3, a data-driven tech […]

Retail Access to Alternative Investments Top of Mind for Financial Advisors, CAIS Survey Finds

Retail Access to Alternative Investments Top of Mind for Financial Advisors, CAIS Survey Finds

Survey also identifies lack of education as major hurdle to investing in alternatives NEW YORK–(BUSINESS WIRE)–Market volatility, interest rate hikes, and a growing lack of confidence in strong returns across public markets have prompted a surge in demand for, and access to, alternative asset classes, according to a recent independent survey conducted by CAIS during […]

Prize-Linked Banking App PrizePool Launches Debit Card With Unique Benefits thumbnail

Prize-Linked Banking App PrizePool Launches Debit Card With Unique Benefits

The PrizePool Debit Card earns cardholders tickets to the weekly drawing, increasing odds of winning a grand prize of $10,000 and reimbursement on purchases SAN FRANCISCO–(BUSINESS WIRE)–PrizePool, the popular prize-linked financial app, announced today the launch of the first-ever PrizePool Debit Card. The card, which is issued by Evolve Bank & Trust, member FDIC, and […]

Q2 Helps Axos Bank to Increase Direct Deposit Volume by 30 Percent for Q2 ClickSWITCH Accounts

Q2 Helps Axos Bank to Increase Direct Deposit Volume by 30 Percent for Q2 ClickSWITCH Accounts

Axos Bank boosts customer engagement and profitability with Q2 ClickSWITCH by enabling account holders to switch direct deposits and automatic payments quickly and securely AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced San Diego-based Axos Bank (“Axos”), a technology-driven financial services company, has […]

ICE Launches Suite of Corporate Bond Climate Indices thumbnail

ICE Launches Suite of Corporate Bond Climate Indices

Designed to Meet requirements for Paris-Aligned and Climate Transition benchmarks ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of a suite of corporate bond climate indices designed to capture the goal of achieving net zero carbon emissions by 2050. The […]

To Help Investors Personalize Portfolios During Any Market Climate, Fidelity Launches Fidelity Solo Fidfolios℠: DIY Custom Portfolios Built on Fractional Shares thumbnail

To Help Investors Personalize Portfolios During Any Market Climate, Fidelity Launches Fidelity Solo Fidfolios℠: DIY Custom Portfolios Built on Fractional Shares

New Offering Includes Proprietary Customizable Models with Low-Cost Pricing and 90-Day Free Trial With $30 Billion+ in Managed Direct Indexing Assets Today, Fidelity Reinforces Commitment to the Future of Simplified, Custom Investing BOSTON–(BUSINESS WIRE)–Building upon its commitment to provide innovative solutions for investors managing their money through all market environments, Fidelity Investments® today introduced Fidelity […]

 CompoSecure Expands Arculus™ Capabilities: Launching NFT Support, Integrating WalletConnect and Adding Cryptocurrencies thumbnail

 CompoSecure Expands Arculus™ Capabilities: Launching NFT Support, Integrating WalletConnect and Adding Cryptocurrencies

 CompoSecure’s Arculus enables users to secure their digital assets across the $44 billion NFT market volume and broader DeFi community through its advanced functionality SOMERSET, N.J.–(BUSINESS WIRE)–#3FA—CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, today announced the expansion of its Arculus Wallet™ […]

POSaBIT Secures ~CAD$5 Million Private Placement Led by Existing Institutional Investors, Priced at a Premium to Market; New Funding Supports Launch into 8 States by Year End thumbnail

POSaBIT Secures ~CAD$5 Million Private Placement Led by Existing Institutional Investors, Priced at a Premium to Market; New Funding Supports Launch into 8 States by Year End

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (“POSaBIT” or the “Company”), the leading provider of payments infrastructure in the cannabis industry, announced today a non-brokered private placement of 5,861,941 units of the Company (the “Units”), at a premium to market subscription price of CAD$0.80 per Unit, for aggregate gross proceeds of approximately […]

Less Is More: Half of Today’s Enterprises Have Reduced Their CX Footprint in the Past Year thumbnail

Less Is More: Half of Today’s Enterprises Have Reduced Their CX Footprint in the Past Year

New TELUS International survey results indicate that half of enterprises are using a single CX delivery partner to achieve all their customer experience goals VANCOUVER, British Columbia–(BUSINESS WIRE)–Research commissioned by TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions for global and disruptive brands, found […]

 OneConnect Announces Arrangement of Batch-Conversion of American Depositary Shares to Ordinary Shares Trading in Hong Kong

 OneConnect Announces Arrangement of Batch-Conversion of American Depositary Shares to Ordinary Shares Trading in Hong Kong

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 that it intends to make arrangements to facilitate conversion of its American depositary shares (the “ADSs”) to ordinary shares (“Shares”) in connection with the Proposed Listing (as defined below). The Company […]

Corpay Announces New Collaboration with PracBiz thumbnail

Corpay Announces New Collaboration with PracBiz

Collaboration will provide PracBiz Exchange members access to cross-border payments and foreign currency exchange solutions SINGAPORE–(BUSINESS WIRE)–Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce their new collaboration with PracBiz Pte Ltd. (“PracBiz”), the owner and operator of the B2B Digital Supply Chain Platform, PracBiz Exchange (PBX). Through […]

Mexican Fintech albo Taps Verimatrix for Threat Defense

Mexican Fintech albo Taps Verimatrix for Threat Defense

LATAM fintech innovator selects Verimatrix App Shield hosted on the Verimatrix Secure Delivery Platform to safeguard financial products aimed at the financial technology product users. AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced that albo, one of Mexico’s […]

Picatinny Federal Credit Union Taps Scienaptic’s AI-Powered Credit Underwriting Platform thumbnail

Picatinny Federal Credit Union Taps Scienaptic’s AI-Powered Credit Underwriting Platform

Implementation to increase loan approvals and ensure fair, transparent lending for all members NEW YORK–(BUSINESS WIRE)–#PicatinnyFCU–Leading global AI-powered credit decision platform provider Scienaptic AI announced that Picatinny Federal Credit Union has chosen to implement Scienaptic’s credit decisioning platform. This deployment will enable Picatinny Federal Credit Union to streamline and automate its credit underwriting process, increase […]

Deeptech Cosmian Raises €4.2m to Accelerate the Deployment of Its Privacy-by-default Solutions Using Advanced Cryptography thumbnail

Deeptech Cosmian Raises €4.2m to Accelerate the Deployment of Its Privacy-by-default Solutions Using Advanced Cryptography

This financing, mainly operated by La Banque Postale – via its new 115K innovation fund – and Elaia Partners, historical investor, will allow the French encryption specialist to accelerate the distribution of its first products and continue to innovate. Its ambition is tremendous, since it intends to establish “ubiquitous encryption” within organizations, i.e. protection for […]

BlackRock Announces Product Updates to 11 U.S.-listed ETFs thumbnail

BlackRock Announces Product Updates to 11 U.S.-listed ETFs

NEW YORK–(BUSINESS WIRE)–iShares today announced its plans to close the following U.S. -listed ETFs on August 25, 2022. Ticker Fund Name AGT iShares MSCI Argentina and Global Exposure ETF EMBH iShares Interest Rate Hedged Emerging Markets Bond ETF EWJE iShares MSCI Japan Equal Weighted ETF HJPX iShares Currency Hedged JPX-Nikkei 400 ETF ICOL iShares MSCI […]

Dercred-Next Announces a $20,000 DCRN Airdrop Event

Dercred-Next Announces a $20,000 DCRN Airdrop Event

NEW YORK–(BUSINESS WIRE)–$DCR #bitcoin—$DCR #DecredNext — Decred-Next (DCRN) is thrilled to announce a $20,000 DCRN Airdrop event as it successfully completed its hard fork earlier this month. The entry for the airdrop will be closed by June 30 (UTC) with more details available via the link (https://gleam.io/4luRF/20000-dcrn-airdrop ). While retaining key features such as high […]

ICE Midland WTI American Gulf Coast Futures See Record Volume thumbnail

ICE Midland WTI American Gulf Coast Futures See Record Volume

HOUSTON–(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) had a single day volume record on June 14 with 4,136 contracts traded. “We’re pleased to see the increase in volume and participation in the HOU contract,” […]

BitNile Holdings Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock thumbnail

BitNile Holdings Declares Monthly Cash Dividend of $0.2708333 Per Share of 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced that its Board of Directors has declared a monthly cash dividend of $0.2708333 per share of the Company’s outstanding 13.00% Series D Cumulative Redeemable Perpetual Preferred Stock. The record date for this dividend is June 30, […]

HKSTP and Boehringer Ingelheim Venture Fund Launch Co-Incubation Programme to Fast-track R&D in Infectious Diseases and Immunology

HKSTP and Boehringer Ingelheim Venture Fund Launch Co-Incubation Programme to Fast-track R&D in Infectious Diseases and Immunology

HONG KONG & INGELHEIM, Germany–(BUSINESS WIRE)–Hong Kong Science and Technology Parks Corporation (HKSTP) is partnering global research-driven biopharmaceutical leader, Boehringer Ingelheim Venture Fund Limited (BIVF) in a strategic co-incubation collaboration to promote and nurture startups on research and development for infectious diseases and immunology. HKSTP is dedicated to collaborating with sector leaders in building the […]

New Fintech Paydownhero Aims to Help People Get out of Auto Debt Faster thumbnail

New Fintech Paydownhero Aims to Help People Get out of Auto Debt Faster

Startup to help pay off your entire car loan – Up to $50,000 BOSTON–(BUSINESS WIRE)–#Budget2022to2023–Paydownhero, a Boston-based fintech empowering consumers to pay down auto debt, today announced its debit card with 3% Cashback Gas Rewards and 15% RoundUp Rewards, on track to launch this summer. The debit card will add cash rewards to users’ round […]

Qenta and Netcetera – securing cashless payments in the CEE region

Qenta and Netcetera – securing cashless payments in the CEE region

– Austrian Qenta Payment CEE has expanded its partner network with the Swiss payment provider, Netcetera – This new business relationship means 24/7 direct access to all the knowledgeable services of the technology expert ZURICH–(BUSINESS WIRE)–2022 continues with a dynamic tempo for Swiss payment expert Netcetera. Starting from June, Netcetera stepped into direct collaboration with […]

APOLLO Insurance and Yardi Partner to Offer Renters Embedded Digital Insurance thumbnail

APOLLO Insurance and Yardi Partner to Offer Renters Embedded Digital Insurance

TORONTO–(BUSINESS WIRE)–#tothemoon–APOLLO Insurance, Canada’s leading InsurTech, has partnered with Yardi Systems to offer an insurance interface embedded into Yardi’s software to allow tenants and landlords an effortless digital insurance experience. As the top provider of high-performance software solutions for the real estate industry, this partnership with APOLLO will allow Yardi to offer users a seamless, […]

Skyflow Launches Integration to Build Privacy and Data Protection into the Snowflake Data Cloud thumbnail

Skyflow Launches Integration to Build Privacy and Data Protection into the Snowflake Data Cloud

Skyflow Data Privacy Vault delivered as an API isolates and protects sensitive PII data without sacrificing security, compliance, or utility. PALO ALTO, Calif.–(BUSINESS WIRE)–#PII—Skyflow, the Data Privacy Vault company, announced a new integration with Snowflake, the Data Cloud company, at Snowflake Summit 2022. Now, Snowflake customers can quickly and easily integrate Skyflow to isolate sensitive […]

Insurtech Accelerant Announces Doors Open in Brussels thumbnail

Insurtech Accelerant Announces Doors Open in Brussels

BRUSSELS–(BUSINESS WIRE)–Accelerant, the insurtech platform that empowers underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, today announced a significant European expansion with the opening of its new EU headquarters in Brussels. Brussels was selected for its geographic location in the heart of Europe, its strong workforce and its deep roots […]

Nova Credit Named a Best Place to Work in Fintech by American Banker; Best Workplace in Bay Area by Fortune thumbnail

Nova Credit Named a Best Place to Work in Fintech by American Banker; Best Workplace in Bay Area by Fortune

Continued string of accolades also includes Best Contribution to Economic Mobility in Banking/Finance by Fintech Futures and inclusion in Startup Search’s 2022 Fintech List NEW YORK–(BUSINESS WIRE)–Today Nova Credit, the fintech unlocking opportunities for mainstream and credit-excluded consumers and the companies looking to serve them, announced continued recognition as an employer of choice in today’s […]

YCharts Announces Model Portfolio Holdings Integration with Schwab Advisor Center® thumbnail

YCharts Announces Model Portfolio Holdings Integration with Schwab Advisor Center®

Advisors can seamlessly access new YCharts investment analysis tools that simplify client engagements, optimize workflows and enable smarter investment decisions CHICAGO–(BUSINESS WIRE)–YCharts, an investment research, analytics and client communications platform, announced a new model portfolio holdings integration with Schwab Advisor Center® today. The new application program interface (API) integration allows users to search for clients, […]

Lili, the Financial One-Stop-Shop for Small Business Owners, Debuts New Payment Solutions and Third Party Integrations thumbnail

Lili, the Financial One-Stop-Shop for Small Business Owners, Debuts New Payment Solutions and Third Party Integrations

The top banking platform built for small business owners announces new integration and payments tools with Stripe. NEW YORK–(BUSINESS WIRE)–Lili, the leading financial one-stop-shop for small business owners, combining banking, tax management and accounting software announced today an extension of its offering, by adding payment solutions and third party integrations. These new integrations come at […]

KBRA Releases CREFC June Conference 2022 – Day 2 Recap thumbnail

KBRA Releases CREFC June Conference 2022 – Day 2 Recap

NEW YORK–(BUSINESS WIRE)–#KBRA–KBRA releases its Day 2 recap of the Commercial Real Estate Finance Council (CREFC) June Conference 2022. Day 2 of the CREFC June Conference 2022 began with opening remarks from KBRA Co-Heads of CMBS Ratings, Nitin Bhasin and Keith Kockenmeister, which covered the current state of the market in the context of historical […]

Q2 Announces the 2022 Innovation All-Stars Contest Winners thumbnail

Q2 Announces the 2022 Innovation All-Stars Contest Winners

Q2 recognizes bank and credit union customers and fintech partners for innovative apps that deliver exceptional customer experiences and new revenue opportunities AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, announced the winners of its first-ever Q2 Innovation All-Stars Contest. The contest recognizes Q2 bank and […]

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