Business Wire


Discover Bank Ranks Highest in Customer Satisfaction With Checking Accounts for Direct Retail Banks by J.D. Power

  RIVERWOODS, Ill.–(BUSINESS WIRE)–The Discover Bank checking account tied for first place in customer satisfaction with a score of 715, according to the J.D. Power 2022 U.S. Direct Banking Satisfaction Study. Additionally, Discover’s Online Savings Account ranked second with a score of 717. “For years we have been launching enhancements and new features for our […]

ADDING and REPLACING First All Female-Founded Investment Platform, LUXUS, Gives Investors Opportunity to Invest in Rare Diamonds and Gems

Backed by Veronica M. Beard, current and former Blackstone executives, and other notable investors, LUXUS will partner with Kwiat/Fred Leighton to launch inaugural rare Argyle pink diamond NEW YORK–(BUSINESS WIRE)–Add disclaimer text after last paragraph of release. The updated release reads: FIRST ALL FEMALE-FOUNDED INVESTMENT PLATFORM, LUXUS, GIVES INVESTORS OPPORTUNITY TO INVEST IN RARE DIAMONDS […]

Verimatrix Key Shield Enhancements Streamline SoftPOS Security Implementations and Bolster Threat Defenses

Award-wining cryptographic Key Shield toolkit adds support for Remote Key Injection using the TR-31 key block and AES DUKPT, ideal for financial institutions, point-of-sale integrators and fintech 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 Verimatrix Key […]

TAG’s Fintech South Returns In-Person, June 14 – 15, 2022

Region’s Largest Fintech Conference Focuses on Revolution, Responsibility and Opportunity ATLANTA–(BUSINESS WIRE)–Fintech South, the southeast’s largest event dedicated to financial innovation, returns in person after two years on the virtual stage. In its fifth year, the event will take place on June 14 and June 15 at the Georgia World Congress Center in downtown Atlanta. […]

Synctera Expands Partnership With Mastercard

Mastercard will provide Synctera-powered FinTech innovators fast account verification SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, is expanding its partnership with Mastercard by integrating Mastercard’s open banking platform (provided by Mastercard’s wholly owned subsidiary, Finicity) to provide account verification solutions for Synctera-powered FinTechs. The addition of […]

doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go

doola launches banking product for global founders: doola helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax filings. New banking product supports founders on every continent, with no US SSN required, and no visit to the US required. US monthly business applications are over 400,000 per month […]

Maternal Health Startup Mahmee Raises $9.2M Series A Led by Goldman Sachs Asset Management

Mahmee addresses disparities in maternal healthcare, significantly reducing premature births and Cesarean sections LOS ANGELES–(BUSINESS WIRE)–#digitalhealth—Mahmee, a maternal healthcare startup, today announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management. The round also features participation from existing investors including Revolution’s Rise of the […]

Futuregrowth Asset Management Adopts Charles River® for Managing Fixed Income Strategies

LONDON–(BUSINESS WIRE)–#assetmanagement–Charles River Development, a State Street Company, today announced that Futuregrowth Asset Management (Pty) Ltd. (FGAM), a South African Asset Manager, has selected the Charles River Investment Management Solution (Charles River IMS) as their new front office investment system. Charles River IMS provides a unified platform for risk and portfolio management, trading and collateral […]

Simplify First Notice of Loss with Zelros’ New Guidewire Marketplace App

PARIS & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #ClaimCenter–Guidewire (NYSE: GWRE) and Zelros, an InsurTech offering a platform for personalized recommendations, announced that Zelros’ new Ready for Guidewire validated accelerator for ClaimCenter is now available to users in the Guidewire Marketplace. Insurance customers crave a fast, easy claims experience. According to J.D. Power’s 2021 Auto Claims Satisfaction […]

Airwallex and Onlineone’s New NetSuite Bank Feed Integration Simplifies Reconciliation of Business Expenses

MELBOURNE, Australia–(BUSINESS WIRE)–Building on its growing suite of accounting integrations, global fintech Airwallex announces a new bank feed integration with leading accounting software NetSuite, developed in partnership with Onlineone, a NetSuite Solution Partner. From today, Airwallex’s customers in Australia, Hong Kong, EMEA and the US will be able to automatically synchronise transactions in their NetSuite […]

Axos Bank Business Interest Checking Named America’s Best Business Checking Account for Two Consecutive Years

WalletHub’s editors compared more than 250 small business checking and savings accounts SAN DIEGO–(BUSINESS WIRE)–For the second year in a row, Axos Bank’s Business Interest Checking account is America’s Best Business Checking Account Overall. Editors of the personal finance website WalletHub chose Axos Bank after evaluating more than 250 checking and savings accounts to find […]

TCP Software Announces On-Demand Pay Partnership with Clair

AUSTIN, Texas–(BUSINESS WIRE)–#earnedwageaccess—TCP Software, a leading provider of workforce management and time and labor solutions, unveiled today a new partnership with Clair, a leading on-demand pay app and social impact fintech. Starting later this year, TCP’s customers who use TCP’s TimeClock Plus and Humanity Scheduling solutions will be able to offer free on-demand pay to […]

Majesco Unveils New Brand Identity Reflecting Company’s Commitment to ‘Your Next Now’

New brand underscores company’s accelerated growth strategy and success in 2021 as Rule of 40+ SaaS Company approaching $250M in total revenue and Product Revenues now exceeding 60% MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, announces a new brand identity that centers around Majesco’s next-gen technology and […]

XTM Sees Sharp Incline in Gross Value Loads to Its Today™ Program

Hospitality Reopenings Drive XTM’s Second Consecutive Month of Record GDV With 54% and 6% Growth March and April Respectively 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 […]

FIS Helps Small and Mid-Sized Financial Institutions Digitally Transform Through New Embedded Finance Capabilities in Partnership with Treasury Prime

Key facts New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities. Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as […]

Griffin Capital Partners with iCapital to Make Qualified Opportunity Zone Fund Investment Offerings More Accessible to Financial Advisors and Their Investors

EL SEGUNDO, Calif.–(BUSINESS WIRE)–Griffin Capital Company, LLC (“Griffin Capital”), a leading alternative investment manager based in El Segundo, California, has announced a partnership with iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, to make Griffin Capital Opportunity Zone Fund investment offerings more accessible […]

Velocity Solutions and DoubleCheck Solutions Team Up to Provide Unique Consumer Liquidity and Overdraft Options to Financial Institutions

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#ConsumerLiquidity–Velocity Solutions announces a strategic partnership with DoubleCheck Solutions, a fintech company providing unique technology which puts overdraft and NSF decisions in the hands of the consumer. In this partnership, Velocity Solutions will integrate DoubleCheck’s technology into Velocity’s total Consumer Liquidity Engine™, comprised of its Intelligent Limit System® software and the CashPlease® […]

Northern Trust Announces Alliance with Enfusion as Part of Whole Office Strategy

Northern Trust and Enfusion aim to simplify the operating infrastructure for mutual clients CHICAGO–(BUSINESS WIRE)–#assetmanagement–As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has established a relationship with Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native investment management software and services, to provide […]

Taulia and EcoVadis Partner to Help Build Sustainable Supply Chains

New partnership will help businesses achieve ESG goals and incentivize suppliers to improve ESG behavior SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, has today announced its partnership with the business sustainability rating provider, EcoVadis. EcoVadis will provide ESG ratings for Taulia’s Sustainable Supplier Finance solution, allowing businesses in any industry globally […]

Predictive Analytics Firm FIntegrate Technology Selects William Mills Agency for Public Relations Services

Fintech helps automate, prioritize collections and recovery processes for credit unions and banks ATLANTA–(BUSINESS WIRE)–#fintech—William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, has been selected by FIntegrate Technology for public relations services. The company selected the agency to assist in a complete rebrand, as well as design […]

N26 Teams Up With Bitrise To Scale Mobile Banking App And Achieve 200%+ Increase in Monthly App Store Releases

The Mobile Bank Taps Mobile DevOps Company to Increase Frequency of Releases to App Stores, from Once Every Three Weeks to Nearly Once a Week, While Ensuring Strict Compliance Standards BERLIN, Germany & NEW YORK–(BUSINESS WIRE)–N26, the mobile bank that lets users in 24 markets control their accounts and debit cards from a mobile app, […]

Mission Lane Launches Credit Builder Account Program with Opportunity to Build Credit and Savings

Program will offer opportunity for those who are looking to build or rebuild their credit RICHMOND, Va.–(BUSINESS WIRE)–Mission Lane, a purpose-driven financial technology company, today announced the launch of the Mission Lane® Credit Builder Account, a new credit builder loan program aimed at setting consumers on the path to establishing strong credit. Mission Lane, working […]

Crum & Forster Upgrades Majesco Billing for P&C to Majesco CloudInsurer®

Migration to Cloud enables seamless application and platform upgrades to keep them at the leading edge of market and customer expectations MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Crum & Forster has completed the upgrade and migration Majesco Billing for P&C on Majesco CloudInsurer®. […]

U.S. Bank, LiquidX Collaborate to Simplify, Accelerate Supply-Chain Financing

Integrated solution will unlock valuable working capital while helping to speed transactions and reduce borrowing costs MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank announced today that it has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. This collaboration – which comes at a time of unparalleled stress […]

The Diversity Marketing Consortium Reaches Milestone of $1M in Pro Bono Services Provided to Women and POC-led Startups

With this achievement, the DMC has supported more than 20 POC & women-led startups, furthering its mission of shining a light on underrepresented founders NEW YORK–(BUSINESS WIRE)–The Diversity Marketing Consortium™ (DMC) announced it has reached the significant milestone of $1M worth of pro bono communications services provided to women and POC-led startups. Founded in July […]

SECU To Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Initial tests show potential for 19% more approvals, 22% reduced loss rate and 80% auto-decision rate NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that SECU (State Employees’ Credit Union of Maryland) is planning to implement its AI-powered credit decisioning platform. The deployment, scheduled for later this year, will enhance and […]

Counterpart Adds Additional A-Rated Carrier to Expand Management Liability Insurance to More Small Businesses

Partnership with Aspen Insurance and Markel Insurance Company brings Counterpart’s innovative risk management products and services to a broader market LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced the launch of their partnership with Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of industries and geographies. Aspen […]

Provenir Joins Visa Ready for BNPL Program to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector

Providing universal access to data, simplified AI and sophisticated decisioning technology, Provenir continues to broaden its partnership with Visa PARSIPPANY, N.J.–(BUSINESS WIRE)–Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services […]

CION Investments, Man Group, and iCapital Partner to Scale Alternative Investing Access

NEW YORK–(BUSINESS WIRE)–CION Investments (CION), a leading manager and distributor of alternative investment solutions, and Man Group, a global active asset manager with $151.4 billion1 in AUM, announced today that they have partnered with iCapital2, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries. CION […]

Discover Publishes 2021 Corporate Responsibility Report

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today published its 2021 Corporate Responsibility Report Building a Brighter Tomorrow, which shares actions the company undertook in fulfilling its mission to help people achieve brighter financial futures. From providing free financial education curriculum to thousands of classrooms across the country, operating responsibly, and protecting the environment to bringing new jobs and […]

DigniFi Welcomes Pagaya to Its Inclusive Financing Platform, Expanding Lending Services to Small Businesses

Pagaya, a financial technology company working to reshape the financial ecosystem, is helping DigniFi offer over 6,000 small businesses and their customers increased access to on-the-spot financing. SEATTLE–(BUSINESS WIRE)–DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing […]

Italian Digital Bank Achieves Record Growth with Temenos Banking Cloud

Flowe, the environmentally-friendly Italian challenger bank, reaches 700,000 accounts GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast […]

Entersekt partners with Capitec Bank to Boost Security and Reduce Friction for E-Commerce Transactions

Entersekt integrates NuData Security’s behavioral analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases CAPE TOWN, South Africa–(BUSINESS WIRE)–#3DSecure—Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security […]

Kestra Financial Launches Retirement Plan Enterprise in Partnership With Envestnet Retirement Solutions

Integrated, flexible platform designed to enhance and advance retirement plan engagements at no additional cost to financial professionals AUSTIN, Texas–(BUSINESS WIRE)–Industry leading wealth management platform, Kestra Financial, today announced the launch of Retirement Plan Enterprise (RPE) in partnership with Envestnet Retirement Solutions. Designed to elevate retirement plan solutions, RPE provides a comprehensive retirement plan practice […]

ICE Launches its First Nature-Based Solutions Carbon Credit Futures Contract

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched a Nature-Based Solutions carbon credit futures contract (“NBS future”). The NBS future, which trades under the contract code NBT, physically delivers Verified Carbon Unit (VCU) credits certified under Verra’s Verified Carbon Standard (VCS) Agriculture, […]

Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform will allow […]

BitNile Holdings Reports Preliminary Q1 2022 Financial Results Including Revenue of Approximately $32 Million, up 142% From the Prior First Fiscal Quarter

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today reported preliminary financial results for its first quarter ended March 31, 2022. Three months ended March 31, 2022 highlights include: Revenue of approximately $32 million, an increase of 142%, from $13.2 million in the prior first fiscal […]

Despegar to Acquire 100% of Viajanet, an Online Travel Agency in Brazil

BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the […]

WNS Recognized as a ‘Leader’ Across P&C Market Segments by NelsonHall

NEW YORK & MUMBAI, India–(BUSINESS WIRE)–#AdvancedAnalytics–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a ‘Leader’ by NelsonHall in all three market segments of Property & Casualty (P&C) Operations Transformation, including Claims Administration Capability, Customer/Distribution Service Administration Capability, and New Business […]

CEA International LLP Advises GMEX Group on its Investment Round Led by Burkhan’s Tempus Network

TAMPA, Fla. & LONDON–(BUSINESS WIRE)–#equityraise—CEA International LLP (“CEAI”) acting as advisor to GMEX Group Limited (“GMEX”) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount. The deal is expected to close during June 2022 subject to necessary approvals with participation from other strategic and institutional investors […]