Business Wire


Freedom Mortgage and Sagent Extend Software Partnership 5 Years to Power Homeowner-First Servicing Ecosystem

Deal enables U.S. mortgage giant with $400B in servicing to easily iterate on its industry-leading consumer experience with cloud-based, configurable tech stack 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 five-year partnership extension with Freedom Mortgage Corporation to continue powering […]

Freedom Mortgage and Sagent Extend Software Partnership 5 Years to Power Homeowner-First Servicing Ecosystem

Deal enables U.S. mortgage giant with $400B in servicing to easily iterate on its industry-leading consumer experience with cloud-based, configurable tech stack 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 five-year partnership extension with Freedom Mortgage Corporation to continue powering […]

Tacora Announces $250 Million First Close of Inaugural Fund

Provides customized and creative capital solutions for venture-backed companies AUSTIN, Texas–(BUSINESS WIRE)–Tacora, an investment management firm dedicated to optimizing the financing of early and mid-stage companies, today announced a $250 million first close of the firm’s inaugural fund. This marks a significant milestone towards the firm’s target fund size of $300 million. The fund is […]

Tacora Announces $250 Million First Close of Inaugural Fund

Provides customized and creative capital solutions for venture-backed companies AUSTIN, Texas–(BUSINESS WIRE)–Tacora, an investment management firm dedicated to optimizing the financing of early and mid-stage companies, today announced a $250 million first close of the firm’s inaugural fund. This marks a significant milestone towards the firm’s target fund size of $300 million. The fund is […]

The New York Stock Exchange Announces Launch of the NYSE Sustainability Advisory Council

Exchange-led Group of Senior Sustainability Officers from NYSE-listed Companies Will Identify, Develop and Share Best Practices NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced today the launch of the NYSE Sustainability Advisory Council. The council will bring together […]

Provenir to Speak at Finovate Europe 2022 on Financial Services Digital Acceleration and AI-Powered Risk Decisioning

Provenir, a gold event sponsor, will unveil its new Provenir AI risk decisioning solution for fintechs and financial services providers PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI—Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced that Carol Hamilton, Provenir senior vice president of Global Solutions, will participate in a panel session titled, “Achieving […]

Forest Area Federal Credit Union Selects Scienaptic’s Platform For AI-Based Credit Underwriting

Scienaptic’s platform to enable deeper automation of lending and more approvals NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Forest Area Federal Credit Union has selected its platform for faster credit decisioning. Established in 1983, Forest Area Federal Credit Union began with a nominal asset size of $4,049.42 and […]

FICS® Named to HousingWire’s HW TECH100 List for Ninth Consecutive Year

DALLAS–(BUSINESS WIRE)–For the ninth consecutive year, HousingWire has recognized FICS® (Financial Industry Computer Systems, Inc.), a provider of loan origination software, residential servicing software and commercial servicing software for the mortgage industry, as one of the most innovative technology companies in the U.S. housing economy. For the third year in a row, the Tech100 program […]

Ozon Comments on its $750 million Senior Unsecured Convertible Bonds due 2026

NEW YORK–(BUSINESS WIRE)–Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “we,” “us,” “our,” “Ozon” or the “Company”), a leading Russian e-commerce platform, provides further update on the potential impact of the continued suspension of trading of the Company’s American Depositary Shares, each representing one ordinary share of the Company (“ADSs”), on the […]

Paysafe Selects J.P. Morgan as Core Banking Provider

Leading specialised payments platform partners with the global financial services firm to power international payments settlement LONDON–(BUSINESS WIRE)–Leading specialised payments platform, Paysafe (NYSE: PSFE), announces the appointment of J.P. Morgan as its core banking provider. The global financial services firm’s work for Paysafe will be led from its Payments business, which combines cash management, payment […]

ACI Worldwide Launches Innovative ACI Fraud Scoring for Financial Institutions

Industry-First Fraud-Scoring Platform Uses ACI’s Patented Incremental Learning Technology, Enabling Banks to Reduce Fraud Losses by up to 75 Percent New Service Is Available via the Public Cloud to FIs in North America and Europe MIAMI & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced the launch of […]

HKSTP and Infineon Launch Co-Incubation Programme to Accelerate Microelectronics Innovation and Propel Startups to Success

Partnership with global semiconductor leader will fast-track commercialisation and adoption of mobility, IoT and big data technologies and advance smart city innovation HONG KONG–(BUSINESS WIRE)–Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with global semiconductor leader Infineon Technologies Hong Kong Limited (Infineon) in a strategic co-incubation programme to fulfil the innovation potential of […]

Mosul Bank Selects CR2’s BankWorld to Accelerate Digital Banking Transformation in Iraq

  BAGHDAD–(BUSINESS WIRE)–Mosul Bank (www.almosulbank.iq) has selected CR2 (www.CR2.com), one of the world’s leading software vendors in the digital banking and payments market, to accelerate its digital banking transformation strategy in the Iraqi market. This latest win for CR2 will see Mosul Bank offering a more advanced digital banking service to the Iraqi retail and […]

Lendio Welcomes Trisha Price, CPO of Pendo & Former Chief Product Officer at nCino, To Its Board of Directors

Price, a Top 25 Women Leaders in FinTech nominee, brings 20 years of experience in financial services and technology LEHI, Utah–(BUSINESS WIRE)–Lendio, the nation’s leading small business financial solutions marketplace, has welcomed Trisha Price to its Board of Directors. Price is the current Chief Product Officer at Pendo, a company that provides a SaaS solution […]

Nearly Half of Gig, Freelance, and Contract Workers Are Denied Access to Financial Services They Can Afford, ​​New Study Reveals

1099 Workers Not Granted Equitable Access to Basic Services That Require Proof of Credit-worthiness, Damaging Mental Health, Families, and Upward Mobility NEW YORK–(BUSINESS WIRE)–#1099workers—Argyle, the leading employment data platform that provides companies access to user-permissioned employment records in real time, today announced findings from recent research about the impact of credit scores as a sole […]

Argyle Launches First Self-serve Tool for Consumers to Generate Income and Employment Verification Reports for Free

Argyle Verify Extends Company’s Mission to Improve Financial Health of 1099 and W-2 Workers by Giving Them Control Over Their Employment Data NEW YORK–(BUSINESS WIRE)–#VOIE—Argyle, the leading employment data platform that provides companies access to user-permissioned employment records in real time, announced today it is streamlining the income and employment verification process for U.S. consumers […]

Argyle Secures $55 Million Series B to Make User-permissioned Employment Data Ubiquitous and Reinvent Credit Decisioning for Lenders and Consumers

SignalFire Leads New Investment as Argyle Unlocks Equitable Access to Credit and Financial Resources for Exploding Population of Gig, Creator Economy, and Contract Workers NEW YORK–(BUSINESS WIRE)–#creditscores—Argyle, the leading employment data platform that provides companies access to user-permissioned employment records in real time, today announced its $55 million Series B. The round was led by […]

Hotel Payment Software Selfbook Valued at $300m after Series A Extension

Financing led by Tiger Global, with strategic hotelier partners including JAWS, the family office of Barry Sternlicht, demonstrates rapid growth and adoption NEW YORK–(BUSINESS WIRE)–Selfbook, a unique, comprehensive hotel payment software today announced it has completed a $15M extension of its Series A financing, led by Tiger Global, with new strategic hotelier partners including JAWS, […]

Haus Makes Homeownership Available for $1,000 a Month

Haus offers a first in Fintech, flat fee homeownership powered by blockchain SAN FRANCISCO–(BUSINESS WIRE)–$HAUS #blockchain–As home affordability and growing prices place more financial burden on all homeowners, Haus has launched a new financial solution that upends the existing home financing market. By leveraging blockchain, Haus offers customers a flat fee homeownership for $1,000/month, plus […]

Haus Makes Homeownership Available for $1,000 a Month

Haus offers a first in Fintech, flat fee homeownership powered by blockchain SAN FRANCISCO–(BUSINESS WIRE)–$HAUS #blockchain–As home affordability and growing prices place more financial burden on all homeowners, Haus has launched a new financial solution that upends the existing home financing market. By leveraging blockchain, Haus offers customers a flat fee homeownership for $1,000/month, plus […]

Nova Credit Named Among the World’s 50 Most Innovative Companies by Fast Company

Company also recognized by Forbes in America’s Best Startup Employers 2022 list NEW YORK–(BUSINESS WIRE)–Nova Credit has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies. The company ranked third in the Social Good category based on its mission to accelerate financial inclusion for underserved communities that have historically been […]

ICE Mortgage Technology’s eClose Solution Saves Lenders 70 Minutes Per Loan

PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the results of its hybrid eClose return on investment (ROI) study. The extensive independent study conducted by MarketWise Advisors, LLC., found 70 minutes saved per loan and 2.3 days faster loan […]

Systemathics Ganymede Cloud Data Platform-as-a-service Integrates With ICE DataVault

PARIS–(BUSINESS WIRE)–Systemathics, the trading automation technology specialist, has now integrated its Ganymede product with ICE DataVault. Built as cloud native, Ganymede is a fully managed platform, continuously updated with high-quality, curated, and cross validated data. Ganymede is purpose built for the financial data markets ever increasing data volumes, allowing clients to query against large data […]

Alpaca Crypto API Now Offers Over 20 New Coins and Expands Access to 49 US States

Alpaca Crypto unveils new industry-leading consumer and embedded crypto solutions with 2022 focused on crypto growth and Web3 roadmap SAN MATEO, Calif.–(BUSINESS WIRE)–#alpacaHQ—Alpaca, an API-first crypto and stock financial services company, announced today that Alpaca Crypto has enabled access to users across 49 US states and now offers over 20 tradeable coins. Alpaca Crypto is […]

Hummingbird Launches Investigation Canvas for Compliance Professionals

New Product Suite Reimagines How Compliance Work Can Get Done, Allows for Better Informed, More Strategic Decisions Announces Brand Evolution to Reflect Collaborative Nature of Product Suite SAN FRANCISCO–(BUSINESS WIRE)–Hummingbird RegTech, a compliance CRM platform, today announced the launch of the Investigation Canvas for compliance professionals. The launch of the Investigation Canvas follows a recent […]

ICE Benchmark Administration Introduces ICE U.S. Dollar Inflation Expectations Index Family

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) is introducing the ICE U.S. Dollar Inflation Expectations Index Family to help investors gauge future inflation expectations and inform policy and risk management decision making. The inflation index family is designed to […]

Lili Named to Fast Company’s Annual List of the World’s 50 Most Innovative Companies for 2022

Top banking platform supporting the 60M freelance economy joins the ranks of Shopify, WarnerMedia, Stripe, SpaceX, and more NEW YORK–(BUSINESS WIRE)–Lili, the top digital banking platform with over 550k users that provides business banking services, tax tools, and DIY accounting features to freelancers and small business owners, has been named to Fast Company’s prestigious annual […]

POSaBIT Enters the CBD Point of Sale Market

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 entered the CBD market with their point of sale solution. POSaBIT is now live in over twenty brick and mortar CBD locations nationwide, opening up thousands of new market opportunities for […]

Stax to Become Fintech’s Newest Unicorn with Latest Funding Round

Co-founders and sister-and-brother duo Suneera Madhani and Sal Rehmetullah lead their company to $1B+ valuation, making history for minority founders and leaders everywhere ORLANDO, Fla.–(BUSINESS WIRE)–Stax, an all-in-one payments platform, today announced its latest funding raise of $245 million. Led by sibling co-founders Suneera Madhani, CEO, and Sal Rehmetullah, president, Stax celebrates this significant milestone […]

5 Ways Companies Can Leverage Digital Payment to Boost Their Business in a Post-Covid Environment I Digital Banking Firm DNBC

LONDON–(BUSINESS WIRE)–Worldwide demand for digital payments has skyrocketed. The dramatic increase in contactless payments throughout the world presents an opportunity for businesses to not only meet customer demand but to take advantage of many benefits of digital payment. Stay with us as we explore these opportunities so you can know how to utilize digital payment […]

New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, but Are Concerned About Security

A survey from Entrust details preferences of the modern banking customer, with consumers indicating a need for online banking capabilities, secure cards with chips and enhanced payment security MINNEAPOLIS–(BUSINESS WIRE)–The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global pandemic, the industry has […]

 Juniper Research: eCommerce Payment Transactions Made via OEM Pay to Exceed 30.7 Billion Globally by 2026, Fuelled by Frictionless Checkout Demand

BASINGSTOKE, England–(BUSINESS WIRE)–#applepay–A new Juniper Research study has found that the volume of global eCommerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 4.7 billion in 2022. This outstanding growth of 550% will be driven by rapidly increasing customer demands of frictionless checkout experiences across multiple eCommerce channels. The new […]

 Juniper Research: eCommerce Payment Transactions Made via OEM Pay to Exceed 30.7 Billion Globally by 2026, Fuelled by Frictionless Checkout Demand

BASINGSTOKE, England–(BUSINESS WIRE)–#applepay–A new Juniper Research study has found that the volume of global eCommerce transactions made via OEM Pay will exceed 30.7 billion by 2026; rising from 4.7 billion in 2022. This outstanding growth of 550% will be driven by rapidly increasing customer demands of frictionless checkout experiences across multiple eCommerce channels. The new […]

Discover Statement on Russian Banks and Payments Acceptance

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover and Diners Club International do not have any active partners in Belarus and Russia. There is no acceptance of Discover, Diners Club, Network Alliance Partners and PULSE® in these countries and no cards are being issued there. Before Russia’s invasion of Ukraine, Discover/Diners Club International was in the process of establishing a […]

Axonics® Receives FDA Approval for Recharge-Free Sacral Neuromodulation System

Axonics sets recharge-free neuromodulation benchmark with FDA labeling for 15+ years of functional life at typical stimulation parameters and 20+ years at lower energy settings 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 that the […]

First American Data & Analytics Named One of the Most Innovative Technology Companies in Real Estate by HousingWire Magazine for the Second Year in Row

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF) and a leading national provider of property and ownership data and advanced analytic solutions, announced today that it has been recognized by HousingWire Magazine as a 2022 HW Tech100™ Real Estate honoree. This is the second year in […]

defi SOLUTIONS Announces Single End-to-End Solution for the Complete Auto and Personal Lending Lifecycle

As a long-recognized industry-leading provider of originations and servicing technology and technology-enabled business process outsourcing, defi SOLUTIONS is uniquely positioned to enable lender innovation that attracts and satisfies borrowers. WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS has announced the introduction of a single, end-to-end solution for the entire auto and personal lending lifecycle. This news comes quickly on […]

Anodot Partners with Snowflake’s Data Cloud to Power AI Analytics and Monitor Business Data

ASHBURN, Va.–(BUSINESS WIRE)–#adtech—Anodot today announced that it has joined Snowflake’s Partner Network. The partnership will enable joint customers to gain real-time and actionable insight into data collected in Snowflake, the Data Cloud company platform. Anodot and Snowflake are extracting maximum value from the world’s data with Snowflake’s Data Cloud, helping joint customers leverage AI-based analytics […]

Real-Time Payments Platform Pidgin Now Available

ORLANDO, Fla.–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments and powered by VSoft, announced today from ePayConnect 2022 that it is now available to financial institutions and organizations in need of securely and quickly sending and receiving payments. ePayConnect 2022 is taking place in Orlando, Fla. from March 6-8, 2022. […]

Citcon Expands Ecommerce Payments Presence to South Korea and Japan

Global Payment Platform Enables Seamless Local Payments at Scale For Merchants Operating in Asia’s Second and Third Largest Ecommerce Markets SAN JOSE, Calif.–(BUSINESS WIRE)–Citcon, Inc. the leading mobile wallet payment provider enabling global commerce at scale, today announced that it has expanded its global footprint to encompass South Korea and Japan. Merchants using Citcon ‘s […]