Business Wire


Circle and Sony Block Solutions Labs to Enable USDC on Soneium to Empower a Creator Economy

SINGAPORE–(BUSINESS WIRE)–Circle, a global financial technology firm, today announced a strategic collaboration with Sony Block Solutions Labs to drive innovation and creativity through decentralized technologies on Soneium, a public Ethereum layer 2 blockchain ecosystem. Through this initiative, Soneium will integrate Bridged USDC Standard and establish bridged USDC as one of the blockchain’s primary tokens for […]

Circle Plants a Flag in the Heart of Wall Street; Announces New Global Headquarters in New York City

The 87th Floor of One World Trade Center to be Circle’s Flagship Convening Space in Early 2025 NEW YORK–(BUSINESS WIRE)–Circle today unveiled plans for a new global corporate headquarters for Circle Internet Group, Inc. based in the iconic One World Trade Center in Lower Manhattan at an event hosting industry, political leaders and key partners […]

ICE’s €STR Futures Open Interest Exceeds 500,000 Contracts

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider technology and data, today announced that ICE’s €uro Short Term Rate (€STR) futures hit open interest of over 500,000 contracts on September 11, 2024. ICE’s €STR futures and options clear alongside 16.2 million lots of open interest in Euribor, the benchmark for managing short term euro-related […]

Domo Partners with CARET Legal to Bring Real-Time Analytics to Firms’ Fingertips

SILICON SLOPES, Utah–(BUSINESS WIRE)–Today Domo (Nasdaq: DOMO) announced that CARET Legal, a leading SaaS platform for legal professionals, has partnered with Domo to provide a holistic view of law firm performance. Thousands of law firms rely on CARET Legal to get a clear picture of their data to improve accuracy and efficiency, optimize revenue and […]

Carson Group Partners with YCharts in Landmark Enterprise Agreement to Drive Advisor Efficiency and Growth

OMAHA, Neb. & CHICAGO–(BUSINESS WIRE)–Carson Group, a leading financial services firm, and YCharts, a trusted investment research and proposal generation platform, are excited to announce a new enterprise-wide partnership that will provide Carson Group advisors with full access to YCharts’ comprehensive suite of tools and analytics. This strategic partnership is designed to significantly enhance the […]

Raymond James and Conquest Planning Join Forces to Empower Canadian Investors with Personalized Advice

The strategic partnership harnesses cutting-edge technology and artificial intelligence to deliver hyper-personalized financial solutions, deepening client relationships for advisors across Canada TORONTO–(BUSINESS WIRE)–#AI—Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial Inc., and Conquest Planning Inc. (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced […]

Focus Financial Partners Expands Relationship with CAIS to Scale and Centralize Alternative Investment Offerings

CAIS’ streamlined alts operating system selected as partner of choice for Focus Investment Partners program NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, announced today an expanded relationship with Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management firms that collectively oversee more than $400B in client assets. […]

Tottenham Hotspur Announces Ant International as Global Payment Solutions and Digital Wallet Partner

Club announces strategic partnership with Ant International, a global leader in digital payment and financial technology The partnership, which incorporates associated brands Alipay+, WorldFirst and Antom, will see Ant International become the Club’s exclusive Official Global Payment Solutions and Digital Wallet Partner and Alipay+ the first Official Training Wear Sleeve Partner for both the men’s […]

Ninth Wave Secures Growth Funding to Expand Leading Open Finance Platform

NEW YORK–(BUSINESS WIRE)–Ninth Wave, the leading provider of cloud-based Open Finance solutions for financial institutions, announced that the company has secured new growth financing. Level Structured Capital (an affiliate of Level Equity, a preeminent growth equity firm with over $3 billion in assets under management), provided the funding. This financing will enable Ninth Wave to […]

Novatus Global Secures $40 Million Growth Investment from Silversmith Capital Partners to Transform Transaction Reporting and Drive International Expansion Amid Complex Global Regulatory Environment

LONDON–(BUSINESS WIRE)–Novatus Global Limited (“Novatus” or “the Company”), an award-winning provider of regulatory technology solutions to global financial institutions, today announced it has secured a $40 million investment from Silversmith Capital Partners, a Boston-based growth equity firm. Since its founding by industry veterans in 2019, Novatus has established itself as a trusted partner to many […]

Advyzon Investment Management (AIM) Wins WealthManagement.com Industry Award for Model Marketplaces

Advyzon also named a finalist in the ThinkAdvisor 2024 Luminaries Awards CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon Investment Management (AIM), a turnkey asset management program (TAMP) under the umbrella of comprehensive technology platform Advyzon, was named the winner of the ‘Model Marketplaces’ award in the TAMPs category of the 2024 WealthManagement.com Industry Awards – an annual competition and industry-leading […]

BlackRock and Partners Group Establish Strategic Partnership to Transform Retail Wealth Access to Private Markets

Firms to launch first-of-its-kind model portfolio solution streamlining retail wealth access to private equity, private credit, and real assets Will enable advisors to deliver a one-stop multi-private markets portfolio managed by two global asset managers Positions BlackRock and Partners Group to capture accelerating growth in private markets and managed models NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE: BLK) […]

Forge Global Names the Private Magnificent 7 – the High-Performing Unicorns Driving the U.S. Innovation Economy

SAN FRANCISCO–(BUSINESS WIRE)–Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private market platform, has identified the Private Magnificent 7, which comprises seven of the largest, most resilient, and highest-performing companies in the U.S. innovation economy. Much like their public market counterparts, this diverse group of late-stage, venture-backed companies has demonstrated both […]

ICE’s Global Natural Gas Markets Reach Record Liquidity

AMSTERDAM & HOUSTON & LONDON & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record liquidity across its global natural gas futures markets including record open interest (OI) in U.S. Financial Gas futures and options markets and record OI in TTF futures. On August 27, 2024, ICE’s […]

Asset-Map® Offering Visualized Planning and Advice-Led Solutions to LPL Financial’s Advisors Through a Strategic Agreement

PHILADELPHIA–(BUSINESS WIRE)–Asset-Map Holdings Inc. (“Asset-Map”), the premier modern financial planning tool for financial professionals, today announced a strategic relationship with LPL Financial, a leading investment advisory firm and the nation’s largest independent broker-dealer* supporting financial advisors. Advisors affiliated with LPL Financial will now have discounted access to Asset-Map’s industry-leading specialized planning tools, including, but not […]

İşbank Partners with Instabase to Revolutionize Money Order Processing

ISTANBUL–(BUSINESS WIRE)–#Automation—İşbank, Turkey’s largest privately owned bank, with a comprehensive array of banking services and products announces a partnership with Instabase, the leading AI platform for unlocking insights from unstructured data. The partnership, which was facilitated by Maxitech, aims to transform the way İşbank processes money orders in the first phase, a task traditionally bogged […]

Torq Partners With RSM to Automate, Manage, and Monitor SOC Responses Across Its MSSP Ecosystem With the AI-Driven Torq HyperSOC Solution

Globally recognized MSSP standardizes on Torq HyperSOC across its managed SOC to protect hundreds of middle market and enterprise clients NEW YORK–(BUSINESS WIRE)–Torq, the AI-first security hyperautomation leader, today announced a new partnership with RSM US, a global leader in the professional services industry. RSM US has integrated Torq HyperSOC into its RSM Defense managed […]

VRGL Launches Tax Transition Optimization to Enhance Client Portfolio Recommendations

DALLAS–(BUSINESS WIRE)–#Fintech–VRGL, a Client Acquisition and Investment Proposal Management solution, today announced the release of its new Tax Transition feature. This powerful addition enables advisors to transition client portfolios from their current state to a targeted investment strategy, optimizing for specific tax budgets. The Tax Transition feature is designed to automate and optimize the structuring […]

Rapyd Expands Global Partner Programme to Power Revenue Growth for High-Opportunity Referral Partners, ISOs, and PayFacs

The expanded Rapyd Payment Partner Programme delivers industry-specific tools and resources for navigating complex payment landscapes, optimising revenue, and driving growth in high-opportunity industries like eCommerce, online gaming, and financial services. LONDON–(BUSINESS WIRE)–Rapyd, the global fintech company, today announces the expansion of the Rapyd Payment Partner Programme, designed to supercharge revenue growth and collaboration for […]

SMArtX Advisory Solutions Expands Manager Marketplace With 12 New Strategies From Seven Leading Asset Management Firms

Clinton Investment Management, Macquarie, Pictet Asset Management, Rockefeller Asset Management, and Verity Investment Management Join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, has announced the addition of 12 new strategies from seven leading asset management firms to its Manager Marketplace. SMArtX’s continuously growing platform […]

Kestra Financial Empowers Advisors with Enhanced Alternative Investment Offerings Through iCapital®

The Austin-based firm aims to provide improved experience through the expanded partnership AUSTIN, Texas–(BUSINESS WIRE)–Kestra Financial, a leading wealth management platform, today announced the improvement of its alternative investment offerings through an expansion of its strategic partnership with iCapital1, the global fintech platform powering the world’s alternative investment marketplace. This collaboration will deliver greater value […]

Payoneer Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants; Issues Notice of Redemption for Outstanding Warrants

NEW YORK–(BUSINESS WIRE)–Payoneer Global Inc. (“Payoneer” or the “Company”) (Nasdaq: PAYO) today announced the expiration of its offer to purchase (the “Offer”) all of its outstanding Warrants (as defined below) at a purchase price of $0.78 per Warrant in cash, without interest. Completion of the Offer, when combined with the contemplated redemption of untendered Warrants […]

Wescom Credit Union Opens Knott’s Berry Farm Branch, Bringing Convenient & Tech-Forward Banking to Southern California’s Original Theme Park

PASADENA, Calif.–(BUSINESS WIRE)–Wescom, one of the largest community credit unions in California, has officially opened its Knott’s Berry Farm Branch, conveniently located in Knott’s California Marketplace, just steps away from the main gate of the theme park in Buena Park. “Last year we announced our strategic partnership with Knott’s as their Official Banking Partner and […]

FIS Announces 2024 Cohort for Fintech Accelerator Program, Now in its Ninth Year

Key facts Now in its ninth year, the FIS Accelerator Program supports fintech startups by helping them refine their product strategy and scaling their businesses during a 12-week intensive program. This year’s cohort includes nine innovative fintech companies seeking to disrupt and enhance various facets of the financial services industry. Through this program, cohort members […]

Toast Restaurant Trends Report: The Cost of Going Out to Lunch

The Q2 2024 Restaurant Trends report examines popular lunch food trends, quick-service restaurant transactions in 20 U.S. cities, restaurant employee wages, and tipping data. BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q2 2024 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through […]

Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats

New tools deliver real-time fraud detection for fintechs, banks and businesses and maintain frictionless account experiences for customers SALT LAKE CITY–(BUSINESS WIRE)–#Fintech—Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant […]

Kreshmore Group Advises IFE Products on its Sale to INOA Capital

LEMONT, Ill.–(BUSINESS WIRE)–#LED–Kreshmore Group (KG), a leading mergers and acquisitions advisory firm, is pleased to announce its role as exclusive sell-side advisor to Video Refurbishing Services, Inc. and InFlight Entertainment Products (IFE) in its acquisition by INOA Capital (INOA). The transaction was led by Kreshmore’s Anthony Lazzara. About IFE: Located in Carpentersville, Illinois, IFE is […]

Survey: Limited Partners Report Confidence in ALTS, Interest in AI and Edge Computing, and Concern for Economy

The Third Annual LP Frontline Insight Report Explores Asset Allocator Strategy and Sentiment for Next 12 Months BOSTON–(BUSINESS WIRE)–#2025FinTechTrends–A global survey of Limited Partners (LPs) and asset allocators, now in its third year, identified several noteworthy trends and strategy adjustments among the participants. Considered as a whole, the findings underscored the desire of LPs to […]

Accenture Invests in EMTECH to Modernize Central Bank Operations

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) announced that it has invested in EMTECH, a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations. This investment, made through Accenture Ventures, will support EMTECH in its efforts to transform central banks’ financial and technology infrastructure and make […]

Better.com Announces Launch of FHA Streamline Refinance Product

Better Mortgage offers FHA Streamline Refinancing with no income verification or appraisal requirements for faster processing NEW YORK–(BUSINESS WIRE)–Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of its FHA Streamline Refinance program. This fully digital refinance option is designed to streamline the process for qualified […]

NCR Atleos Ranks #6 in IDC Fintech Rankings

ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has ranked #6 overall and the largest ATM company in the 2024 IDC FinTech Rankings Top 100. The IDC Fintech Rankings list features the technology companies from around the globe that […]

Fintech Platform Haven Launches Haven Wallet to Eliminate Loan Complexity and Strengthen Relationship between Mortgage Originators and Borrowers

From origination to payoff, loan servicing and financial monitoring can be accessed via a single-login experience for increased control and visibility NEW YORK–(BUSINESS WIRE)–Haven, a fintech servicing technology platform, today introduced Haven Wallet, the latest addition to the company’s product suite that unlocks value for the mortgage industry and to date has generated a 2x […]

MarketAxess Announces Expanded Partnership with BlackRock to Deliver Enhanced Connectivity and Efficiency to Global Credit Markets

NEW YORK–(BUSINESS WIRE)–MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced an expansion of its decade-long partnership with BlackRock to seamlessly integrate MarketAxess credit trading protocols, pricing and data into BlackRock’s Aladdin® order execution management system (OEMS). This announcement builds on the MarketAxess and BlackRock partnership […]

Rapid Finance Announces Integration With Q2’s Digital Banking Platform to Provide Small Business Lending Solutions

Q2 digital banking customers can now offer Rapid Finance’s financing solutions to their small business customers through the Q2 Partner Marketplace BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, […]

SoFi and Los Angeles Chargers Quarterback Justin Herbert Tackle Rising Costs of Youth Sports with Game Changers Challenge

Latest Campaign in SoFi Generational Wealth Fund to Fund Nationwide Challenge Supporting Public High School Sports Programs SAN FRANCISCO–(BUSINESS WIRE)–SoFi (NASDAQ: SOFI), the one-stop shop for digital personal financial services, and Los Angeles Chargers Quarterback Justin Herbert today launched the Game Changers Challenge, a national campaign to provide funding for public high school sports programs […]

MYbank Launches AI-Enabled System for SME Money Management at Shanghai’s INCLUSION Conference

SHANGHAI–(BUSINESS WIRE)–MYbank, a leading digital bank in China and an associate of Ant Group, today introduced its AI-enabled system (Cuckoo System) for small and micro-sized enterprise (SME) money management at the 2024 INCLUSION·Conference on the Bund. The system forecasts the cash flow of SMEs across various industries, assisting bank-affiliated investment management companies in more effectively […]

D.A. Davidson Announces The Herd 2024 Featuring the Top 100 Privately-Held Software Companies Globally

NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. today released its fifth annual The Herd report featuring the top 100 privately-held software companies globally, largely falling within D.A. Davidson’s core areas of software expertise: application and vertical software and infrastructure and security software. These private companies have shown a strong track record of innovation and were selected […]

American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information

  NEW YORK–(BUSINESS WIRE)–American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants. The feature rolled out as a limited pilot for select American Express customers to enable them to seamlessly add their payment information for some […]

Lithic Expands into Canada offering Multicurrency Processing Capabilities

NEW YORK–(BUSINESS WIRE)–Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative […]

ASA and Sharetec Partner to Transform Credit Union, Fintech Collaboration

First-ever embedded app store securely and seamlessly brings latest fintech tools to members PROVO, Utah–(BUSINESS WIRE)–ASA, an embedded App Store as a Service provider, today announced a long-term strategic partnership with Sharetec, a web-based core processing platform for credit unions. Sharetec will be the first to integrate ASA’s embedded app store, ASA Vault, into its […]

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