Business Wire


Skience Accelerates Growth Trajectory in Q1 with Technology Enhancements, Strategic Partnerships, and New Clients

New integration partners and tech innovations reaffirm Skience’s leadership in the digital wealth management space HERNDON, Va.–(BUSINESS WIRE)–#ClientExperience—Skience, a leading financial services solution and consulting provider, continues to prioritize the quality and importance of the service provided to clients. The augmented Skience platform combines an array of features aimed at solving the day-to-day problems experienced […]

iCapital® Secures Three Patents for Innovations in Alternative Investing Technology

New proprietary platform capabilities enhance data security for all players in iCapital-managed asset and wealth management ecosystems NEW YORK–(BUSINESS WIRE)–iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced that it has been awarded three patents for technological advances in data security within […]

Bevel, Top Fintech, VC and Entertainment Communications Firm, Launches First Executive Profiling Division

Bevel Partner, Morgan Borer, will lead Bevel’s First Executive and CEO Profiling Division NEW YORK–(BUSINESS WIRE)–Bevel, the top strategic communications firm in fintech, venture capital, consumer brands, technology and more has announced the launch of its first Executive Profiling Division, led by Partner Morgan Borer. Bevel was founded in 2017 by powerhouse CEO Jessica Schaefer, […]

Guidewire Elysian Release Accelerates Insurers’ Speed to Market with Integration Gateway, Guidewire GO, and Embedded Travel Insurance Solution

SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #EmbeddedInsuranceSolution–Guidewire (NYSE: GWRE) today announced Elysian, the latest in a series of market-defining cloud releases. Elysian innovations equip insurers to quickly connect third-party apps, including insurtech solutions, with Integration Gateway, launch lines of business fast with Guidewire GO and Advanced Product Designer (APD), and expand distribution with a new Embedded Insurance […]

SunStream Business Services Selects Fiserv to Modernize Operations

St. Paul-based fintech service corporation will implement Fiserv core platform to increase agility and better support its diverse agricultural lending operations BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced SunStream Business Services, based in St. Paul, Minnesota, will move to Fiserv to meet the […]

CAIS and Franklin Templeton Expand Partnership to Drive Alternative Investment Access and Education

Private Real Estate and Private Credit strategies from Clarion Partners and Benefit Street Partners Now Available at CAIS Franklin Templeton Academy Adopts CAIS IQ for Alternatives Education NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced the addition of alternatives strategies managed by Franklin Templeton’s specialist investment managers — private real estate manager Clarion […]

BlackRock Projects Global Bond ETF Assets to Reach $5 Trillion by 2030

Faster investor adoption and novel bond ETF applications driving 23% annual growth rate NEW YORK–(BUSINESS WIRE)–Despite the most challenging fixed income market in decades, BlackRock projects that global bond exchange-traded funds (ETFs) assets under management (AUM) will triple to $5 trillion by 2030.1 The extreme market volatility in the early days of the pandemic reinforced […]

FIS is Building the Bridge to the Metaverse: Tips for the New Digital Frontier

Key facts At its annual FIS Emerald client event, FIS launched its metastore allowing attendees to get hands on experience with transactions in the metaverse. Initiative supports FIS’ leadership role in creating the bridge from physical to digital which includes working with cryptocurrency exchanges and all forms of money movement technology to enable shopping and […]

INSURICA Taps AgencyKPI To Gain Deeper Insights Into Data

New Partnership Will Utilize AgencyKPI’s Harmony Platform and Data Standards to Improve Business Planning AUSTIN, Texas–(BUSINESS WIRE)–AgencyKPI (www.agencykpi.com), developer of the first integrated business intelligence system designed to address and manage the overabundance of data produced across the insurance industry, today announced a partnership with INSURICA. As one of the top 40 insurance brokers in […]

BHMI And Payshop Named Leadership Award Finalists For The 2022 PayTech Awards

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, announced the companies’ selection as finalists for the 2022 PayTech Awards, in the category for Leadership Awards “PayTech Team of The Year.” Now in […]

Video Streamer Clix Inc. and Wall Street Pros Team Up to Help Consumers “Get Savvy, Get Rich”

LOS ANGELES–(BUSINESS WIRE)–#ClixNajarian–Clix Inc., the leader in consumer guidance for what to watch across all streaming platforms, today announced a strategic partnership with veteran Wall Street professionals who are committed, in this time of economic turmoil, to helping viewers “learn to earn.” Wall Street pros Marc LoPresti, along with Pete Najarian, and Jon Najarian (who […]

Xago, Innovative Crypto Fintech Based in South Africa, Announces XUS Supporting the US Dollar

CAPE TOWN, South Africa–(BUSINESS WIRE)–#Africa—Xago Technologies (Pty) Ltd. in CAPE TOWN, South Africa, announces the launch of Xago XUS which supports the US dollar, empowering clients to deposit and payout funds, with US dollars and USDC via the Xago platform. Founded in 2016, Xago enables business and individual clients to send money instantly, at a […]

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania

LONDON & VILNIUS, Lithuania–(BUSINESS WIRE)–Today, Ripple, the leader in enterprise blockchain and crypto solutions, announced a partnership with FINCI, the Lithuanian online international money transfer provider, to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages XRP for crypto-enabled cross border payments. FINCI is Ripple’s […]

Canadian Tire Bank Selects Temenos Open Platform to Gain Best-In-Class Digital Banking Capabilities

GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – has selected Temenos open platform for composable banking to replace its legacy systems. Temenos will help power Canadian Tire Bank’s growth by delivering faster to market and […]

Temenos Delivers Digital Banking Solutions on AWS

Temenos extends relationship with AWS to power digital banking cloud services with enhanced security, scalability and reliability GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) and Amazon Web Services (AWS), have extended their global relationship to run Temenos onboarding and origination solutions on AWS. The technology collaboration aims to allow all retail and commercial banks – incumbents and challengers […]

Levatas Raises $5.5 Million to Expand Development of Cognitive Intelligence for Robots and Drones that Inspect and Monitor Industrial Workplaces

Investment will be used to scale software development, hardware integrations, and expansion into new industries WEST PALM BEACH, Fla.–(BUSINESS WIRE)–Levatas, developers of AI software that enables robots, drones, remote sensors, and fixed cameras to execute operational tasks at industrial sites, announced that it has raised $5.5 million in a seed round led by Castellan Group. […]

Fairstone Financial Inc. Extends Sagent Software Partnership Five Years to Power its Personal Loans Offerings

Deal enables Canada’s leading provider of lending solutions to realize continued pursuit of consumer-first vision KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for North America’s top banks and lenders, today announced a five-year partnership extension with Fairstone Financial Inc. (“Fairstone”) to continue powering its personal loan servicing ecosystem. […]

MSP Recovery Sees Substantial Business Expansion Since Announcement of Its Business Combination Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Continued Innovation

CORAL GABLES, Fla.–(BUSINESS WIRE)–MSP Recovery, LLC (“MSP Recovery” or “MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II, a Delaware corporation (Nasdaq: LCAPU, LCAP, LCAPW, “Lionheart” or “LCAP”), today announced substantial business expansion through development of additional revenue stream, monetization of assignor interests, growth of assignors and existing […]

Keyfactor Partners with Fortanix to Simplify and Secure Machine Identity Management in Hybrid, Multi-Cloud Environments

Joint Solution Combines Certificate Lifecycle Automation and Robust Key Protection to Solve Multi-Cloud Certificate and Private Key Management Use Cases CLEVELAND & MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Keyfactor, the machine and IoT identity platform for modern enterprises, today announced a technology integration with Fortanix, the data first multi-cloud security company and a Confidential Computing leader. The new […]

Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022

The digital identity leader will be joined by Mastercard and Liminal to kick off the identity track and demonstrate its award-winning 10-second KYC and onboarding solution NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, will be headlining the Data, Fraud, and Future of Identity track at the LendIt Fintech (Fintech Nexus) USA […]

Greenlight Announces Family Cash Card — the 3% Cash Back Credit Card to Help Parents Save for Their Kids’ College and Family’s Future

New survey reveals that 90% of parents wish they had more money saved for their children’s future ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, today announced the Greenlight Family Cash Mastercard®, a new credit card designed to help parents save for their kids’ college […]

Zimperium Closes Acquisition by Liberty Strategic Capital and will Accelerate Mission of Strengthening Mobile Security Worldwide

Former US Treasury Secretary Steven Mnuchin Leads Investment to Bolster the New Front Line for Cybersecurity: Mobile Threat Defense DALLAS–(BUSINESS WIRE)–Zimperium, the mobile security platform purpose-built for enterprise environments, today announced that it has closed its acquisition by Liberty Strategic Capital, the private equity firm founded and led by former U.S. Secretary of the Treasury […]

VoPay and TurnKey Lender Partner to Power Loan Automation and Digital Payments

In a market where lending sits at 9.5 trillion dollars in the U.S., VoPay and TurnKey Lender partner to deliver the most advanced payment processing solutions available for lenders. VANCOUVER, British Columbia–(BUSINESS WIRE)–#digitalpayments–Canadian based VoPay, a leading provider of integrated payment technology, is pleased to announce a strategic partnership with TurnKey Lender, a global leader […]

Intuitive Digital Engagement Transforms Mortgage Experience for Borrowers and Loan Officers

Digital Mortgage Center from Fiserv empowers lenders to move consumers from loan application to appraisal in minutes BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is transforming the mortgage lending process with an intuitive digital platform, allowing anytime, anywhere engagement. Dynamic technology combined with a responsive […]

Vergent LMS Announces New Communications Capability Powered by TCN

RIDGELAND, Miss.–(BUSINESS WIRE)–Vergent LMS, a premier fintech lending platform, announced that it is partnering with TCN, Inc., a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies. Together the companies are providing a communications tool integration that will more easily connect lenders with borrowers via the Vergent […]

Ukrainian Self Reliance Michigan FCU Goes Live with Core, New Digital Tools Through MDT

Credit union elevates technology strategy through partnership with CUSO FARMINGTON HILLS, Mich.–(BUSINESS WIRE)– Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that Ukrainian Self Reliance Michigan FCU (USMFCU) has successfully implemented the Episys core […]

Lumiant Enters U.S. Market with Values-Based Financial Life Advice Platform

Service helps financial professionals strengthen current and next-gen client relationships while fueling referral growth CHICAGO–(BUSINESS WIRE)–#Advisors—Lumiant, an advice and ​client engagement platform that empowers advisors to connect with families around their values and money goals to make better choices and live their best financial lives, today announces its launch in the United States. Lumiant currently […]

European Compaynet Partners with TreviPay to Expand Embedded Payments Solution with B2B Trade Credit

TreviPay’s payments solution now integrated with Compaynet’s European platform to offer instant credit terms for B2B merchants OVERLAND PARK, Kan.–(BUSINESS WIRE)–Global financial technology company TreviPay today announced it has partnered with Compaynet Ltd, a global provider of payment processing solutions, to power its B2B trade credit offering. Furthering its mission to simplify e-commerce payments, Compaynet […]

BNPL 2.0 Comes to America – Zilch Reinventing Installment-Payments Plans, With No Interest or Late Charges and Cashback Rewards

Offers First-Of-Its-Kind Reciprocal Credit Reporting Relationship with Experian, Providing Greater Transparency Around Customer Affordability Launches With Over 150,000 Pre-Registered Customers MIAMI–(BUSINESS WIRE)–#Fintech—Zilch, a next-generation payments and Buy Now, Pay Later (BNPL) platform, with a BNPL 2.0 business model that works directly with consumers and features no fees or late charges along with 2% instant cashback […]

Better Together: TELUS International Campaign Launches to Help Brands Find the Right Partner to Implement, Enhance and Scale Digital CX Services and Programs

In 2022, 84% of enterprise technology executives plan to work with an external provider in some capacity to achieve their companies’ customer experience objectives VANCOUVER, British Columbia–(BUSINESS WIRE)–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, today launched its Better […]

FRISS Accelerator for Underwriting Risk Assessment Now Available in Guidewire Marketplace

Automated risk assessment helps insurers enhance their underwriters’ capabilities which results in cost reductions throughout the underwriting process, fraud prevention, and automation of their risk assessment. This facilitates a smooth and fast customer journey and helps insurers maintain a healthy portfolio. MASON, Ohio–(BUSINESS WIRE)–#AI–FRISS, the world’s most implemented AI-powered fraud, risk and compliance solution provider […]

BforBank Chooses Temenos on Google Cloud to Power Future Expansion

Temenos open platform for composable banking will open up new opportunities for pioneering digital bank GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that BforBank, the fully digital bank of the Crédit Agricole Group, has selected Temenos open platform for composable banking to support future expansion. The bank is moving from an on-premise implementation to using Temenos […]

Vint Brings Wine Futures to the World

Innovative Fintech Platform Introduces a New Way for Wine Producers of All Sizes to Manage Cash Flows and Grow Their Business with Non-Dilutive Capital RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC-qualified and fully transparent platform for wine and spirits collection investing, today launched the first-of-its-kind opportunity to invest in wine futures. Vint’s first “Vint En Primeur” […]

Classiq Announces Strategic Investment from Global Business Leaders HSBC, NTT Finance, Neva SGR (Intesa Sanpaolo Group)

New Investments Demonstrate Shared Interest in and Strategic Importance of Quantum Computing TEL AVIV, Israel–(BUSINESS WIRE)–Classiq, the leader in quantum software development, today announced the participation of three industry leaders – HSBC, NTT Finance, and Intesa Sanpaolo – in the second closing of its Series B funding. This comes on the heels of its earlier […]

Behavox Research on Continual Learning Featured in International Conference on Acoustics, Speech and Signal Processing (ICASSP)

Prestigious Industry Honor for Behavox’s Voice Platform MONTREAL–(BUSINESS WIRE)–Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that its academic research paper on artificial intelligence “Continual learning using lattice-free MMI for speech recognition” has been accepted by the International […]

Infinity Ventures Launches Inaugural $158 Million Fund Dedicated to Global Fintech Investing

Former PayPal leaders Jeremy Jonker, Jay Ganatra, and Mario Ruiz form fund to back the builders of fintech infrastructure and commerce enablement SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Infinity Ventures, an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund. The capital will fuel Infinity […]

CI Global Asset Management Advances Technology Toolkit with CapIntel

Wealth management technology enables wealth firms to provide enhanced services leading to outsized growth. In recognizing the value of CapIntel’s sophisticated platform, CI Global Asset Management continues to keep a pulse on leading FinTech. TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors, today announced a […]

Sofinnova Partners and Apollo Form Strategic Partnership in Life Sciences

Apollo expands its growth ecosystem by acquiring a minority stake in pioneering life sciences venture capital firm and providing up to €1 billion of capital commitments Sofinnova Partners poised to accelerate growth with additional capital and global strategic partner NEW YORK & PARIS–(BUSINESS WIRE)–Apollo (NYSE: APO) and Sofinnova Partners (“Sofinnova”), a leading European life sciences […]

Toast and US Foods Renew Strategic Partnership to Help Restaurants Streamline Operations and Thrive

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform purpose-built for the entire restaurant community, today announced the renewal of its strategic partnership with US Foods (NYSE: USFD), a leading foodservice distributor that works with approximately 250,000 restaurants and foodservice operators across the US. Toast and US Foods share core values of helping restaurants succeed. The […]

Sustain.Life, Co-Founded by Former Jet.com and Walmart Executives, Raises $16M to Empower SMEs to Take Climate Action

Sustain.Life is a new, fast growing software platform that helps businesses measure, manage and report their carbon emissions and environmental impact Co-led by both Tapestry VC and Jet.com co-founder Mike Hanrahan, this Seed funding round will enable Sustain.Life to accelerate its hiring, software development and customer acquisition NEW YORK–(BUSINESS WIRE)–Sustain.Life, the platform empowering small- and […]