Business Wire


Coinfirm Releases Smart Contract AML Oracle For DeFi Compliance

LONDON–(BUSINESS WIRE)–#aml–Coinfirm is announcing the release of the AML Oracle, the smart contract-based AML compliance solution for the DeFi scene. Because DeFi protocols run on-chain smart contracts – meaning that any compliance layer needs the same format of technology required to interact with a DeFi provider through client smart contracts – a specially-tailored AML solution […]

Insurers Seek Tech Support to Compete in Changing Market

ISG Provider Lens™ report finds insurers embracing different technologies and provider relationships based on their maturity and primary objectives STAMFORD, Conn.–(BUSINESS WIRE)–$III #AI–Insurance carriers increasingly are turning to outside providers for platforms and services to help them grow and compete in a rapidly changing industry, according to a new research report published today by Information […]

EMTECH and HaitiPay Unveil The First CBDC Proof Of Concept for the Haitian Market, Leveraging Distributed Ledger Technology, APIs and Fintech Services to Reimagine the Country’s Payment Rails

WASHINGTON & PORT AU PRINCE, Haiti–(BUSINESS WIRE)–EMTECH, a Central Bank Digital Currency (CBDC) Infrastructure provider based in the U.S. joined forces with HaitiPay, a fintech company in Haiti, to demo its first CBDC + Fintech Proof Of Concept and showcase the impact it can have on the Haitian economy. Both companies, led by Haitian women, […]

Association of Independent Mortgage Experts Expands 2022 Sponsorships

AIME expands key sponsorships with newly signed partnerships PHILADELPHIA–(BUSINESS WIRE)–#BrokersAreBetter–The Association of Independent Mortgage Experts (AIME) announced an update to its 2022 sponsors, including JMAC Lending, PowerTPO, and The Loan Store, totaling 26 wholesale industry partners committed to growing the broker channel. In an effort to continuously provide optionality to wholesale mortgage professionals, AIME has […]

Advisor Group Selects CAIS for Alternative Investment Access and Education

Customizable platform solution meets unique needs of the Nation’s Largest Network of Independent Wealth Management Firms NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced its selection by Advisor Group to provide a platform solution for improved alternative investment access, education and transaction workflow. Advisor Group is the nation’s largest […]

Alacriti Announces Fast Push-to-Card Payouts Enabled by Visa Direct

Orbipay Push-to-Card enables businesses and financial institutions to deliver secure funds disbursements directly to a recipient’s debit card, in real-time PISCATAWAY, N.J.–(BUSINESS WIRE)–#digitalpayouts—Alacriti, a fintech company specializing in payments and money movement, today announced its new, fast push-to-card solution that enables businesses to disburse funds directly to their eligible debit cards—in real time—enabled by Visa […]

Snappy Kraken Recognizes Best Industry Marketing Work with Jolt! Awards

Delivered at the firm’s inaugural Jolt! conference, the awards recognize the best marketing and branding campaigns among financial advisers and fintech companies LAS VEGAS–(BUSINESS WIRE)–#AdvisorMarketing—Snappy Kraken, the MarTech innovator serving financial services professionals, today announced the recipients of its Jolt! awards, which recognized 10 of the best marketing campaigns, branding or other public relations initiatives […]

Cambridge Savings Bank Provides Modera Wealth Management with $26 Million Financing Package to Power M&A Growth, Build Out Employee Equity Strategy

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Commercial Lending team provided a $26 million financing package over the life of the relationship, including both a refinance of existing debt and new debt, to Modera Wealth Management, LLC […]

Valia Ventures Closes Fund II, a $50M Seed Stage Fund

Early stage venture capital firm to use new funds to continue backing ambitious founders from all backgrounds NEW YORK & SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Valia Ventures (“Valia”), an early stage venture capital firm, today announced it has closed on $50M in commitments for an oversubscribed second fund (“Valia Ventures II”) to continue backing ambitious companies […]

Explode the “Liquidity Smile,” CODA Markets Unveils Powerful Intraday Auction Trading Tool

Introducing Apex CODA Fuse, an on-demand auction product combining algorithmic trading with efficient liquidity—enabling a single order to trade with multiple counterparties NEW YORK–(BUSINESS WIRE)–No more disguising orders, no more waiting in line to trade one at a time, no more concentrating your volume to the beginning and end of the day (aka the “liquidity […]

Lynk Unveils Lynk Circle to Enable Organizations to Create Their Own AI-Driven Knowledge Networks, Filling the Gap in Knowledge Management

Lynk Circle is a SaaS solution for organizations to efficiently discover and unlock knowledge that sits within their people networks NEW YORK & SINGAPORE–(BUSINESS WIRE)–Lynk, an AI-driven knowledge management platform, is proud to unveil Lynk Circle, a purpose-built SaaS solution that helps businesses and organizations find the right person with the right knowledge in their […]

Leading Companies Choose Qualtrics to Deliver Great Customer Experiences During An Uncertain Time

Companies across industries around the globe increase their investment in customer experiences amid a challenging business environment Qualtrics is now the only platform that allows companies to listen, analyze and act on feedback from all sources to build deeper relationships with stakeholders PROVO, Utah & SEATTLE–(BUSINESS WIRE)–Qualtrics (Nasdaq: XM), the leader and creator of the […]

Equitybee Announces Corporate Rebrand to Support Strategic Vision and Accelerated Growth

Leading employee stock options funding platform launches a new visual identity, new website, and refreshed positioning following 500% YoY growth PALO ALTO, Calif.–(BUSINESS WIRE)–Equitybee, the employee-focused stock options funding solution, today announced a corporate rebrand and launch. The timing of the new visual identity aligns with the significant transformation that is taking place across the […]

Consumers Prefer Cards to Pay, Choices Differ by Age, Shows Fiserv Research

Interest in digital card options has grown, with physical cards still in demand BROOKFIELD, Wis.–(BUSINESS WIRE)–Credit and debit cards are the payment method of choice for most consumers according to new research from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. Cards are seen as the fastest, easiest […]

$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation

Opportunity Bank of Montana goes live with Teslar Software to enhance loan and deposit strategy SPRINGDALE, Ark.–(BUSINESS WIRE)–Opportunity Bank of Montana and Teslar Software today announced their partnership to streamline the bank’s lending process for both employees and customers. The bank anticipates loan growth of up to 10% this year and leveraging Teslar will allow […]

dLocal Launches dLocal Go to Help Small Businesses Start, Grow and Succeed in Emerging Markets Around the World

New service will provide fast and simple ways to process payments in Latin America, Africa and Asia to help small businesses and entrepreneurs MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal, the leading payment platform connecting global merchants to emerging markets, today announced a new offering, dLocal Go, an online platform for entrepreneurs, startups, and small and medium-sized business owners […]

Reply Sustainable Investment Challenge 2022: Over 13,750 People From 95 Countries Took Part in the Zero-impact Online Competition

TURIN, Italy–(BUSINESS WIRE)–The third edition of the Investment Challenge – the second challenge on the sustainability theme – created by Banca Generali and Reply in collaboration with MIP Politecnico di Milano, MainStreet Partners and CFA Society Italy, has officially ended. The online competition saw record numbers, with over 13,750 participants from 95 countries generating a […]

MonetaGo Named Best Fintech Startup in Trade By Global Trade Review

LONDON & SINGAPORE & NEW YORK–(BUSINESS WIRE)–Financial technology solutions provider MonetaGo has been awarded ‘best fintech startup in trade’ by Global Trade Review. The annual GTR Leaders in Trade awards celebrate the achievements of pioneering institutions and top performers in the trade, commodity, supply chain, export finance and fintech markets. This award recognises MonetaGo’s systematic […]

Temenos Introduces Everyone’s Banking Platform at the Temenos Community Forum 2022

More than 1,500 attendees from banks, fintechs, BaaS players and partners around the world to gather at TCF in London GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, today announced that more than 1,500 leaders from the world’s leading banks, fintechs, BaaS providers and Temenos partner ecosystem will come together at the Temenos Community Forum […]

BlackRock Announces Release of First Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

NEW YORK–(BUSINESS WIRE)–BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (the “Funds”) for the first quarter of […]

Buckle Trend Watch: High Gas Prices and Automotive Inflation Causing Behavioral Shifts in Rideshare and Delivery Drivers

Drivers as small business owners strategize to put extra money in their pockets JERSEY CITY, N.J.–(BUSINESS WIRE)–#Buckleup–As the gig economy grows, so do the numbers of people opting to drive – whether to supplement their income for a savings goal, as a second job, or by making driving a full-time career. Each of these drivers […]

SmartRIA® Named a WealthTech100 Company by FinTech Global

The prestigious ranking recognizes the world’s most innovative technology solution providers that address the digital transformation challenges, and opportunities investment firms, private banks, and financial advisors face KNOXVILLE, Tenn.–(BUSINESS WIRE)–#Compliance–SmartRIA, a powerful, easy-to-use cloud-based software solution designed to meet the specialized compliance management needs of investment advisors, compliance teams, operations teams, consultants and attorneys serving […]

Corvia Expands Acquiring Sponsorship with MVB Bank Relationship

AUSTIN, Texas–(BUSINESS WIRE)–#BINsponsorship—Corvia, Inc., a fintech company simplifying payments complexity by complementing world-class technology with strong business and regulatory acumen, announced today it has expanded its acquiring bank sponsor relationships with the addition of MVB Bank. The new registered agent relationship will enable Corvia to better support a partner-centric approach of providing superior service for […]

PRO Unlimited Named “Market Leader” in Ardent Partners’ 2022 MSP Solution Advisor Report

PRO ranked highly for the universal strength of its Integrated Workforce Management platform comprised of MSP, technology and data BURLINGAME, Calif.–(BUSINESS WIRE)–PRO Unlimited, an Integrated Workforce Management (IWM) platform provider, announced today that it has been named a “Market Leader” in Ardent Partners’ 2022 Managed Service Provider (MSP) Solution Advisor report. PRO was evaluated against […]

Masa Finance Raises $3.5 Million Pre-Seed to Build the World’s First Hybrid Credit Protocol & Decentralized Credit Bureau

Masa’s decentralized credit protocol bridges off-chain data with on-chain data to create the world’s first Hybrid Credit Protocol & Decentralized Credit Bureau SAN FRANCISCO–(BUSINESS WIRE)–Masa Finance, the first-of-its-kind hybrid credit protocol, has come out of stealth and announces completing a Pre-Seed funding round of $3.5 million USD (closed in November 2021) from Unshackled Ventures, executives […]

First American Mortgage Solutions Announces First-of-its-Kind Title and Settlement Integration With ICE Mortgage Technology’s New Encompass Platform

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Mortgage Solutions LLC, a part of the First American family of companies, today announced a new integration with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. First American is the first title and settlement provider to offer automated […]

MAXEX Helps Mortgage Originators Access Greater Liquidity Options With New DSCR Program, Expanded Bulk and Forward Trading Services.

ATLANTA–(BUSINESS WIRE)–MAXEX, the first digital mortgage exchange, announced today the launch of a new DSCR (debt service coverage ratio) loan program and the expansion of its bulk and forward trading capabilities. Mortgage market turmoil has originators looking for new loan programs and liquidity to grow their business, rebalance their portfolios and serve their borrowers. By […]

Papaya and Applied Innovation Partner to Enable Frictionless Payment Methods for Accounts Receivable Management

This partnership allows Applied Innovation’s business customers to offer payments in seconds using Papaya’s proprietary “Bill Understanding Technology” LOS ANGELES–(BUSINESS WIRE)–Papaya, a modern bill payment platform that uses proprietary computer vision technology to simplify bill payments for consumers, today announced its partnership with Applied Innovation, a software development company that provides a suite of solutions […]

Affirm to Be First Buy Now, Pay Later Partner Fully Integrated to Carat From Fiserv

Affirm will be seamlessly available to Fiserv enterprise merchant clients via a simplified onboarding experience SAN FRANCISCO & BROOKFIELD, Wis.–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Fiserv, a global provider of payments and financial services technology solutions, today announced a relationship that will make Affirm available […]

Fiserv to Simplify How Businesses Enable Buy Now, Pay Later

Businesses using Carat or Clover will be able to implement their preferred BNPL providers for in-store and online commerce Affirm will be first BNPL option fully integrated into Carat system for enterprise merchants BROOKFIELD, Wis.–(BUSINESS WIRE)–Businesses of all sizes will be able to simplify the enablement of Buy Now Pay Later (BNPL) options with streamlined […]

Intercontinental Exchange Reports April 2022 Statistics

ADV up 16% y/y; OI up 6% y/y ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported April 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. April […]

Axis Auto Loan Portfolio Surpasses $200 million

TORONTO–(BUSINESS WIRE)–Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced that it has broken its single day loan originations record and has surpassed $200 million in Auto Loan Portfolio balances. Axis set a new daily auto loan […]

Coinfirm Adds 840,361 Tokens To AML Platform, Offering Full Coverage Of All Tokens

LONDON–(BUSINESS WIRE)–In the largest update of protocol coverage in Coinfirm’s history, the firm has added support for 840,361 new tokens to the AML Platform, offering total digital asset coverage of 17 blockchains. Now, the company’s industry-recognized blockchain agnostic AML Platform supports ~846 thousand cryptocurrency assets and tokens. The breakdown of the newly supported coverage – […]

PayRetailers Strengthens Its Operations in Latin America

Spanish company PayRetailers continues to strengthen its local operations in Latin America and announces the opening of its new offices in Peru, while continuing to look at acquisitions to increase its presence in other countries. BARCELONA, Spain–(BUSINESS WIRE)–Payment technology solutions have found fertile ground for expansion in Latin America given the lack of financial inclusion […]

Deluxe Expands Digital Payments Network Capability by Adding BillGO to Portfolio

This initiative will increase Deluxe Payment Exchange payment processing annually by billions of dollars MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE:DLX), a Trusted Payments and Business Technology™ company, has entered into an agreement with BillGO, one of the industry’s largest bill payment platforms and fintech trailblazer, to provide digitized check delivery of payments through the Deluxe Payment Exchange Network. […]

Nova Credit Introduces Cash Atlas™ – A Cash Flow Underwriting Solution That Allows Businesses to Lend More Responsibly Using Bank Transaction Data

The fintech’s newest product supports financial inclusivity by using alternative data to assess consumers’ ability to pay, both now and in the future NEW YORK–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for mainstream and credit excluded consumers and the companies looking to serve them, today has launched its latest product, Cash Atlas™ – a first-party […]

Lokyata Selected As A Demo Company At FinovateSpring 2022

WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that it is one of the hand selected demo companies at FinovateSpring 2022. The Lokyata demo is scheduled for Wednesday, May 18 during the 2 p.m. session. The Lokyata team will be demonstrating the latest enhancements to BankAnalyze, […]

Financial Services Leaders Plot the Road Ahead at 10th Annual Hearsay Summit

MassMutual, Morgan Stanley, Natixis, others earn 2022 Innovator Awards SAN FRANCISCO–(BUSINESS WIRE)–#Digitalclientengagement—Hearsay Systems, the trusted global leader in digital client engagement for the financial services industry, today announced that it held its 10th annual Hearsay Summit on April 26. The event brought together the top leaders in financial services technology for valuable keynotes, breakout sessions, […]

XTM Signs With Massachusetts Restaurant Association

XTM Will Offer the MRA’s Members Value-Added Benefits Including EWA, Financial Wellness & Savings Accounts 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 to announce that it […]

Brace Mortgage Servicing Pulse: Origination Layoffs Will Lead to Servicing Scale-Up

Team onboarding, compliance and digitization present major headwinds LOS ANGELES–(BUSINESS WIRE)–Top mortgage originators continue to announce steep staffing cuts in response to sliding volumes. The step-change decline in mortgage jobs comes after lenders spent much of 2020 and 2021 staffing up. The post-pandemic effects of inflation, rising interest rates, low housing inventory and abnormally high […]