Business Wire


MassMutual Ventures Announces New USD 300 Million Fund for Europe and Asia-Pacific

BOSTON & LONDON & SINGAPORE–(BUSINESS WIRE)–MassMutual Ventures (MMV) announced today that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise SaaS, and cybersecurity. With this launch, the team has widened its investment reach to include Europe and […]

Partners Life Becomes First New Zealand Life and Health Insurer To Go Live On The FINEOS Platform

Clients will benefit from enhanced service and future digital self-service CHRISTCHURCH, New Zealand–(BUSINESS WIRE)–#Cloud—FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that Partners Life has become the first life and health insurance company in New Zealand to go live on the FINEOS Platform. […]

Sutton Bank and Bankers Helping Bankers Launch BaaS Association

ATTICA, Ohio–(BUSINESS WIRE)–Sutton Bank and Bankers Helping Bankers (BHB) are pleased to announce the creation of the BHB Banking-as-a-Service (BaaS) Association, aimed at serving the unique needs of BaaS Sponsor banks. Sutton Bank, Attica, OH is proud to be one of the founding, charter members of the Association. According to Robert Keil, SVP, Chief Payments […]

Cogni, the First Lifestyle-Focused Digital Bank, Launches With $23 Million Series A From Top Investors

With a series of innovative products lined up, Cogni is creating the first Web2 to Web3 mobile banking platform of its kind NEW YORK–(BUSINESS WIRE)–Cogni, a digital banking platform aimed at enhancing consumer lifestyles, announces today its $23 million Series A funding round, bringing a new wave of digital banking innovations to consumers who want […]

Wallet Factory Enhanced Functionality for E-kyash Digital Wallet in Belize

BELIZE CITY, Belize–(BUSINESS WIRE)–#FinTech–E-kyash, the first digital wallet in Belize developed and delivered by Wallet Factory, has recently acquired the enriched functionality to provide digital financial services to Belizean customers and business users at the fullest. The latest update has come out with a whole raft of brand new as well as improved features to […]

MOCA Adds The Bank of Holyrood to Its Growing List of DCI Clients

MOCA’s payment platform empowers Bank of Holyrood account holders with on-demand virtual cards, single use card numbers, unlimited cash-back rewards, and more AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a provider of advanced payment products with unlimited rewards and a digital-first nextgen card-based payment platform, is pleased to add Bank of Holyrood, one of the oldest banks in Kansas, […]

VoPay And HES FinTech Partner To Make Real-Time Payments More Accessible For Canadian Lenders

VANCOUVER, British Columbia–(BUSINESS WIRE)–#lending–VoPay, a leader in payment innovation, announced today that it has partnered with HES FinTech, a European-based lending software vendor, continuing the fintech company’s growing loan management partner portfolio. The strategic partnership will enable Canadian lenders to access smarter loan technology and real-time bank account payments using a single solution with rich […]

Charityvest Adds Low Fee ETF Investments to Donor-Advised Funds

Raises 2.2 Million Seed Round Extension to Grow Purposeful Philanthropy Among Fee-Conscious Donors ATLANTA–(BUSINESS WIRE)–Charityvest, a modern provider of tax-deductible charitable giving accounts known as donor-advised funds (DAFs), today announced the introduction of new low-fee investment capabilities. The new investment capabilities will enable donors in their community to invest their charitable balances across efficient robo-advised […]

Step Announces Exclusive Partnership With Caleb McLaughlin

McLaughlin aims to lead by example, encouraging teens to learn about money management alongside him. PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution for the next generation, today announced an exclusive partnership with Caleb McLaughlin. Best known for his role as “Lucas Sinclair” on Netflix’s hit show Stranger Things, the 20-year-old is also a talented […]

Fiserv Accelerates Open Finance and Enables Collaboration Among Financial Institutions and Fintechs with AppMarket Launch

AppMarket allows financial institutions to offer fintech-enabled capabilities as an integrated part of the banking experience BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions can access a curated set of fintech solutions that can help them reach new customers, operate more efficiently and compete more effectively through the launch of AppMarket from Fiserv (NASDAQ: FISV), a leading global provider […]

AI-Powered Prospecting Solution, Catchlight, Integrates with Redtail Technology

BOSTON–(BUSINESS WIRE)–It has never been more important for financial advisors to find new business and connect with people who need a financial advisor’s help. Catchlight Insights LLC’s new AI-powered growth optimization technology helps advisors quickly uncover their best leads. Catchlight’s newly-announced integration with Redtail Technology, a leading provider of client relationship management (CRM) solutions for […]

OriginClear to Launch Water On Demand Fintech Startup

Program brings relief to underserved businesses needing their own water treatment. CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), a leader in clean water innovation, announces that it will spin off its Water On Demand™ business. Water On Demand is a breakthrough water fintech startup that finances private water utility programs. “Water On Demand can […]

ICE Clear Credit Announces the Expansion of Its Index Option Clearing Services to Include J.P. Morgan

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that J.P. Morgan is now offering clearing services for client-executed Credit Default Swap (CDS) Index Options via ICE Clear Credit. “We’re pleased to expand our global clearing services to include index options supported by […]

OLB Group Obtains Valuation from Independent Valuation & Appraisal Firm

NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB) (“OLB”, the “Company”), an emerging FinTech company leveraging proprietary omnicommerce and blockchain technology to build customized payment solutions today announced that the company has received a $240 million valuation from Corporate Valuation Advisors, Inc., an independent valuation and appraisal firm that provides valuation advisory services and fairness […]

U.S. Bank Launches Nation’s First Spanish-Language Voice Assistant for Banking

We are making it easier and simpler for our Spanish-speaking customers to bank digitally MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank is the first financial institution in the United States to offer an experience Spanish-speaking customers have never had before: the ability to bank via mobile app in their preferred language – just by speaking it.1 U.S. Bank has […]

Personetics Launches Sustainability Insights, a Next-Generation Solution for Banks to Help Customers Reduce Their Carbon Footprint

New customer transaction data-driven solution enables banks to show customers their carbon footprint and suggests ways to reduce emissions with greener spending choices and climate-friendly financial goals NEW YORK & TEL AVIV–(BUSINESS WIRE)–Personetics, the leading global provider of financial data-driven personalization, customer engagement, and advanced money management capabilities for financial institutions, today announces the launch […]

Pontera and Prime Capital Investment Advisors Announce Partnership to Enable Financial Advisors to Manage Clients’ Held Away Retirement Accounts

RIA firm Prime Capital Investment Advisors partners with Pontera to enable advisors to securely and compliantly trade clients’ held away accounts, including 401(k)s, 403(b)s, and more. NEW YORK & OVERLAND PARK, Kan.–(BUSINESS WIRE)–Pontera, the Fintech company that creates a bridge to a better retirement by allowing financial advisors to trade and manage retirement assets in […]

PIX&TED Bank Transfer and Advcash are Now Supported on KuCoin

VICTORIA, Seychelles–(BUSINESS WIRE)–Cryptocurrency exchange KuCoin has announced that it collaborated with Capitual to offer the PIX&TED payment services for BRL deposit and withdrawal in Brazil, and KuCoin also integrated Advcash to offer a new method for depositing and withdrawing assets onto user wallets. The addition is to be made with a focus on Eastern European […]

Hellas Direct Partners With Akur8 to Enhance Their Best-in-Class Pricing Process

PARIS & ATHENS, Greece–(BUSINESS WIRE)–Hellas Direct and Akur8 are delighted to announce their collaboration to strengthen Hellas Direct’s top-notch pricing process for motor and home insurance! Hellas Direct is a fast growing, digital-first, full-stack insurtech leveraging cutting-edge technology and AI. With this new alliance, Akur8 enters the Greek insurance market, extending its already strong presence […]

Techstars Launches ARM Labs Techstars Accelerator in Lagos

12 startups will be selected to receive funding, hands-on mentorship, and access to the Techstars worldwide network on an annual basis BOULDER, Colo.–(BUSINESS WIRE)–Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, in partnership with ARM Labs, a Lagos-based innovation program focused on helping fintech startups, […]

OneVest Raises CAD $5 Million and Launches Canada’s First Embedded Wealth Management Platform

OneVest’s latest CAD $5M seed round was led by Luge Capital Total funding raised to date is CAD $7.1M OneVest’s digital wealth management platform can be embedded in consumer-facing products via simple APIs Proceeds from this round will be used to expand the team, grow sales and drive product development Neo Financial, a Canadian fintech, […]

Inditrade Goes Live With Scienaptic’s AI-powered Credit Decisioning Platform

Deployment of Credit Decisioning System with Industry-Tested Expert Risk Scorecards BANGALORE, India–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Inditrade Capital, one of India’s fastest growing digitally enabled lending, insurance and rural marketing enterprise is live on its platform. The Scienaptic platform will also have Scienaptic’s industry-tested expert scorecards that […]

Mako Fintech Selected by Ontario Securities Commission to Test Reimagined KYC Experience

MONTREAL–(BUSINESS WIRE)–Mako Fintech, a financial technology platform that automates wealth management processes, announced today it has been selected by the Ontario Securities Commission (OSC) to reimagine the KYC Refresh experience, as part of OSC TestLab, Ontario’s new capital markets testing environment. TestLab connects both market participants and technology providers to experiment, learn and improve their […]

Cross River and Sardine Partner to Build Critical Risk and Payments Infrastructure for Fintech, Web3 and Crypto Companies

Sardine will leverage Cross River’s payments platform as part of its integrated fraud prevention software for fiat and crypto transactions Partnership further solidifies Cross River’s position as the infrastructure provider to the fintech and crypto ecosystems FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced […]

Blackboxstocks, Inc. Announces Joint Venture With CoinRoutes to Offer Retail Traders Proprietary Analytics and Trade Execution for Crypto Currency Markets

DALLAS–(BUSINESS WIRE)–Blackboxstocks, Inc. (NASDAQ: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced that it will enter into a joint venture with CoinRoutes to provide retail traders proprietary analytics and a trading execution platform for the cryptocurrency markets. Since inception, […]

UiPath Launches ‘Automation in a Box’ Managed Service on Finastra’s Cloud Platform to Deliver Automation to Banks and Credit Unions

New offering brings power of automation to more than 8,600 financial institutions supported by Finastra NEW YORK–(BUSINESS WIRE)–UiPath (NYSE: PATH), a leading enterprise automation software company, today announced it will offer a new Automation as a Service offering on the Finastra cloud, designed to provide a managed service model for automation to Finastra’s thousands of […]

Innovations Federal Credit Union Deploys Scienaptic’s AI-Powered Platform to Transform Credit Decisioning

Deployment to automate loan underwriting and increase credit access NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Innovations Federal Credit Union has chosen its AI-powered underwriting platform to provide an enhanced lending experience. Scienaptic’s platform will enable the credit union to streamline its credit underwriting process and make faster […]

EML’s Clients REPX And Epipoli Partner To Release 20,000 Coveted AC Milan Private Label Prepaid Cards In Italy

Two unique EML partners in Europe, REPX and Epipoli, have teamed up to deliver AC Milan’s private label gift cards distributed by Italian retail industry market leader, Epipoli. LONDON–(BUSINESS WIRE)–EML Payments Limited’s (ASX: EML) (S&P/ASX 200) client REPX (CYS: REPX) has launched an initial rollout of 20,000 private label gift cards designed specifically for dedicated […]

Best’s Review Examines Interest Rates, New InsurTech Corridor in May Previews

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review has released the following preview content of next month’s issue: “Interest Rate Increases Posing New Challenges for Life Insurers” explains how the industry’s adaptations to lower rates over time have made long-sought-after rate hikes less important than anticipated, and how a sharp rise could cause market disruptions. “Connecticut, UK to Create […]

Mogo Hits One Million Trees Milestone, Providing Accessible Way for Canadians to Offset Their Carbon Footprint and Reach Net Zero

– Personal finance app supports Canadians in controlling spending while making a meaningful climate impact, helping to solve defining issue of our time while alleviating climate anxiety – VANCOUVER, British Columbia–(BUSINESS WIRE)–Today, in alignment with its mission to help Canadians achieve financial freedom while also solving one of the biggest social issues we face, climate […]

BitNile’s Subsidiary, TurnOnGreen, Installs Electric Vehicle Charging Stations at The Hampton Inn

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has successfully completed an electric vehicle charger installation project with The Hampton Inn in Rancho Cucamonga, CA. The electrification project consisted of the installation and activation […]

Alacriti Featured in Federal Reserve’s New FedNowSM Service Provider Showcase, Expands Its Unified Payments Platform for the FedNow Service

Cosmos Payments Services Now Includes Support for TCH’s RTP® Network, Visa Direct, and The FedNow Service (coming in 2023) – Providing Multiple Options for Instant Payments and Transfers PISCATAWAY, N.J.–(BUSINESS WIRE)–#fasterpayments—Alacriti, a fintech company specializing in payments and money movement, is proud to be featured in the Federal Reserve’s new FedNow Service Provider Showcase, an […]

Synovus Announces Strategic Investment in Qualpay to Help Deliver New Embedded Finance Platform

Qualpay’s payments technology is a key part of Maast, Synovus’ new money-as-a-service offering that will combine payment processing, banking, and lending solutions COLUMBUS, Ga. & SAN MATEO, Calif.–(BUSINESS WIRE)–Synovus Bank today announced that it has signed an agreement to strategically invest in Qualpay resulting in a 60% ownership interest. Qualpay is a provider of a […]

AM Best TV Presents “For ESG Investors, It’s Getting Easier to Be Green”

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best’s four-part series, “Asset Management & ESG Imperative,” examines how insurers are working closely with asset management professionals to address growing regulatory and stakeholder expectations for investment portfolios that address environmental, social and governance concerns. The segment, “For ESG Investors, It’s Getting Easier to Be Green,” examines how new products and investment […]

U.S. Bank, Apex Fintech Solutions to deliver real-time payments to brokerages

Real-time payments solution enables individual investors to move money in and out of their brokerage accounts securely, instantly and 24/7/365 MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank today announced a real-time payment collaboration with Apex Fintech Solutions (“Apex”) to provide greater speed and security to money movement between individual investors and broker dealers. Through its subsidiary Apex Clearing Corporation, […]

Georgia Farm Bureau Insurance and InvoiceCloud to Launch New Online Payment System

New portal will give customers enhanced options to securely pay bills electronically MACON, Ga. & BOSTON–(BUSINESS WIRE)–Georgia Farm Bureau Insurance has selected InvoiceCloud, an EngageSmart (NYSE: ESMT), utilizing InvoiceCloud’s solution for online bill payment services, to launch an enhanced online billing and payment system for members of Georgia Farm Bureau. The new online payment portal […]

Skyflow Partners With Plaid To Help Fintechs Prioritize Privacy and Global Data Protection

Skyflow delivers zero trust Data Privacy Vaults to Plaid customers via a simple API and custom-built integration PALO ALTO, Calif.–(BUSINESS WIRE)–Today Skyflow announced a partnership with Plaid, a data network that powers the tools millions of people rely on to live healthier financial lives. The partnership will make it easier than ever for developers to […]

DeepTarget’s Digital Experience Platform Now Enables FIs to Capitalize on 3D Multi-Media Consumer Communications, Enhanced OmniChannel Digital Marketing and Smart Print Automation

HUNTSVILLE, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence in order to deliver targeted communications across digital channels for banks and credit unions, announced new features with enhanced benefits in their Spring 2022 release of Digital Experience Platform™ (DXP). These enhancements include improved multi-media effects in 3D StoryTeller™ and the […]

OneScreen.ai Partners With Evertreen to Help Offset Carbon Footprint in Outdoor Advertising

OneScreen.ai is working with Evertreen to plant 10,000 trees each year in Madagascar on behalf of its employees and customers to contribute to a greener planet BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, the marketplace provider for buying and selling out-of-home (OOH) advertising, is partnering with Evertreen, the only platform that allows users worldwide to plant real trees online and […]

Washington Nationals and FIS Redefine “Home Field Advantage” with New Enhancements to the Ballpark Experience in the 2022 Season

Key facts: This baseball season, FIS will be fully integrating payments technology to allow fans to quickly pay for tickets, food, beverages and merchandise at Nationals Park. FIS is also powering the payments for the BetMGM Sportsbook at Nationals Park, the first retail sportsbook connected to an MLB stadium. As The Official Payments Technology Provider […]