Business Wire


Q2 Unveils 2022 State of Commercial Banking Market Analysis Report

Q2’s PrecisionLender data predicts increased loan demand for large and mid-market firms and reveals cautious optimism for market recovery AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, released its 2022 State of Commercial Banking Market Analysis Report today. The report, based on insights mined from Q2’s […]

Funding Circle and Nationwide Launch Innovative Partnership to Improve Access to Critical Services for American Small Business Owners

DENVER–(BUSINESS WIRE)–#businessinsurance—Funding Circle, a leading online small business lending platform in the U.S., and Nationwide, one of the nation’s longest-standing insurance and financial services companies, today announced the launch of a brand new partnership specifically designed to improve access to much-needed capital and business insurance resources and services for American small business owners. This partnership […]

Teslar Software Experiences Substantial Growth in 2021, Will Digitize Lending for Banks in 2022

Fintech expands client relationships, broadens tech offerings SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, wrapped up a strong year full of significant growth, many company milestones, industry recognition and continued support of small businesses and communities across the country. In 2021, […]

OneScreen.ai Doubles Revenue Every Quarter, Triples Headcount in 2021

Out-of-home (OOH) advertising startup marks various milestones as it preps to expand on the first-of-its-kind media marketplace to streamline OOH industry BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, a SaaS-enabled B2B marketplace provider for out-of-home (OOH) advertising, has hit various milestones as it preps to expand the first-of-its-kind media marketplace, streamlining the fragmented OOH advertising industry. The company doubled its […]

GO2bank Launches Experian Credit Care Advantage™ to Help Customers Safely and Easily Build, Improve and Protect Their Credit

Through partnership with Experian, Green Dot’s flagship digital bank gives customers access to Experian Boost™, Experian CreditLock and more AUSTIN, Texas–(BUSINESS WIRE)–#banking–Green Dot (NYSE: GDOT) is expanding its suite of credit-building tools available through its flagship digital bank GO2bank to help customers safely access and improve their credit, and protect themselves against identity theft. Many […]

Making AI Attainable For All Michigan Credit Unions

Michigan Credit Union League and Scienaptic collaborate in new AI venture for Michigan credit unions NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced an AI collaboration with the Michigan Credit Union League (MCUL). This alliance will enable the company to offer its AI-powered credit underwriting technology to credit unions throughout Michigan. […]

Wealthify Creates Richer Customer Interactions with Talkdesk Contact Centre Solution

Award-winning UK online investment service leverages advanced call capabilities and performance monitoring to boost customer experience LONDON–(BUSINESS WIRE)–#contactcentre—Talkdesk®, Inc., a global cloud contact centre leader for customer-obsessed companies, has been selected by digital investment service Wealthify to provide a cloud contact centre solution that will enable customers to engage more quickly and easily with the […]

MDT Broadens Digital Offerings, Deepens Relationships with Credit Unions in 2021

CUSO concludes successful year with internal and external growth, industry recognition 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 highlights from last year, including notable client successes, digitally-focused partnerships and offerings, […]

Indian Consumers Prioritize Protection Over Convenience McAfee India 2022 Trends Survey

Individuals and families feel more exposed and ill-equipped to secure their digital lives India trends to watch in 2022: While life online is loaded with conveniences, they’re not enough. People want to be secure. Consumers want a protected connection, even if it costs them. Gamers will take a pass on so-called “free” videogames. AI monitoring […]

Federal Reserve Announces FedNowSM Service Pricing Approach, Credit Transfer Limit

CHICAGO–(BUSINESS WIRE)–#FedNow–The Federal Reserve today announced the anticipated pricing approach for its FedNow Service for instant payments. “We are providing broad information about our pricing approach well in advance of our 2023 launch to support financial institutions and their service providers as they plan for implementation of the FedNow Service,” said Ken Montgomery, Federal Reserve […]

Trustmark National Bank and Agility Bank (in organization) Enter Strategic Collaboration Agreement

HOUSTON & JACKSON, Miss.–(BUSINESS WIRE)–Trustmark National Bank, a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS:TRMK) and Agility Bank (in organization) are pleased to announce that the companies have entered a strategic collaboration agreement to highlight the strengths and deepen the community commitment of both banks as part of the Project REACh Initiative with the Office of […]

LeaseQuery Reports Tremendous Growth in 2021

ATL-based LeaseQuery expanded product offerings, resources, client roster exponentially in the past year ATLANTA–(BUSINESS WIRE)–LeaseQuery, a leading provider of software built to simplify the complexities of accounting, today announced that it surpassed 2,000 customers in 2021, seeing 50% customer growth amid other key growth areas in last year. LeaseQuery’s momentum throughout 2021 is attributed to […]

Elevate Credit and Central Pacific Bank to Collaborate on New Fintech Company “Swell”

FORT WORTH, Texas–(BUSINESS WIRE)–Elevate Credit, Inc. (NYSE: ELVT) (“Elevate” or “Company”), a leading tech-enabled provider of innovative and responsible online credit solutions for consumers, today announced that it is working with Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (the “Bank”), as the Bank seeks to expand its presence beyond Hawaii […]

Quadrant Knowledge Solutions Recognizes Majesco as a Technology Leader in Their SPARK Matrix™: P&C Core Insurance Platform, 2021

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Technology Leader in Quadrant Knowledge Solutions “SPARK Matrix™: P&C Core Insurance Platform, 2021”. The report, which includes 12 solution providers states, “Quadrant Knowledge Solutions’ P&C Core Insurance (PAS- P&C) market research […]

Transcend Introduces First Actionable Data Mapping Product Along With Privacy Compliance Survey Data

Nearly 2 out of 3 surveyed are seeing an uptick in Data Subject Requests, while more than 70% are only moderately confident they’re in full compliance SAN FRANCISCO–(BUSINESS WIRE)–Transcend, the one-stop platform that makes it easy to encode privacy across a company’s tech stack, today announced the results of its latest survey of decision makers […]

Intuit QuickBooks Gives Small Businesses and Their Employees Faster Access to Money With Two New Fintech Solutions

QuickBooks Get Paid Upfront Allows Eligible Small Businesses to Access up to $30,000 in Unpaid Invoice Funds; QuickBooks Early Pay Provides Small Business Employees Access to Money Before Payday MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit QuickBooks today announced two new products that provide small businesses and their employees with faster access to their money in an effort […]

Fiserv Named to 2022 Bloomberg Gender-Equality Index

BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, has been named to the 2022 Bloomberg Gender-Equality Index (GEI), marking the sixth consecutive year that Fiserv has been recognized for its efforts to build and maintain an inclusive and equitable working environment. Companies across 45 countries and regions were […]

XTM Partners With Visa to Serve the Hospitality and Personal Care Industry in the US

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 for the hospitality, personal care and service industries throughout North America, is pleased to announce it has signed a Partner Agreement with Visa, a […]

ICE Midland WTI American Gulf Coast Futures Begin Trading With Over Two Million Barrels Traded

HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (Midland WTI AGC) began trading on January 24, with the equivalent of over 2.8 million barrels traded within the first three days. The contract, which trades under […]

Vesta Raises $30 Million Series A, Led by Andreessen Horowitz, to Build the Next-Generation Mortgage Infrastructure

SaaS model eliminates redundancies and automates loan origination for faster, more efficient and transparent borrower and lender experiences SAN FRANCISCO–(BUSINESS WIRE)–Vesta, a mortgage loan origination system software-as-a-service (SaaS) company, today announced a $30 million Series A investment led by Andreessen Horowitz with participation from new investor Zigg Capital. Seed investors Conversion Capital and Bain Capital […]

Bench Announces the Hiring of New President and CFO

Jean-Philippe Durrios joins C-Suite at Bench in late January as the company continues its rapid growth and transitions from start-up to a leading fintech company VANCOUVER, British Columbia–(BUSINESS WIRE)–Bench, a leading bookkeeping and tax advisory fintech platform with 12,000 U.S. based clients proudly announces the appointment of senior finance, technology and operations executive Jean-Philippe (JP) […]

SAP to Acquire Leading Working Capital Management Company Taulia

WALLDORF, Germany–(BUSINESS WIRE)–SAP SE (NYSE: SAP) today announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The move is aimed at giving companies better access to liquidity and improving their cash flows. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO […]

BlackRock Announces Release of Fourth Quarter Commentary for BlackRock Innovation and Growth Trust (BIGZ)

NEW YORK–(BUSINESS WIRE)–BlackRock today announced the release of quarterly fund commentary for BlackRock Innovation and Growth Trust (NYSE: BIGZ; the “Trust”). BIGZ is a closed-end fund that seeks to take a differentiated approach to investing in innovative companies. The Trust focuses on small-cap, mid-cap, and private companies where the investment adviser believes exceptional, multi-year runways […]

Popular Open Source Low Code Software Appsmith Delivered 184 New Features Last Year, Providing a Reliable and Mature Platform

Growth reflects Appsmith’s mission to help every developer quickly build the best internal tools SAN FRANCISCO–(BUSINESS WIRE)–#appsmith—Appsmith, the first open-source low code software helping developers to build internal tools, reported impressive progress in 2021. The company was founded in mid-2019 and its open source software has been downloaded more than 5 million times with more […]

Fortanix Adds Support for AWS Nitro Enclaves, Strengthens Position as Leader in Confidential Computing

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security™ company, today strengthened its position as a leader in the fast-growing Confidential Computing space, by announcing support for AWS Nitro Enclaves. AWS Nitro Enclaves expands on the protection and assurances offered by the AWS Nitro System by providing an isolated and hardened environment to protect code […]

Fortanix Announces Industry-First 100th Production Customer for Confidential Computing

Expanding technology ecosystem and real-world use cases anchor company’s leadership in new category poised for rapid growth MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security™ company, today announced that it had crossed a significant landmark by booking its 100th Confidential Computing production customer. Fortanix also announced an expansion of its technology ecosystem to support […]

Socure and Public.com Win the 2022 Best in Future of Trust Award from IDC with the Use Case of Solving for Identity Verification: Balancing Fraud Risk, Customer Friction & Compliance

IDC Recognizes Socure’s Graph-based Identity Verification and Fraud Platform as Best-in-Class for Reducing Public.com’s Manual Review Costs by 30% and Increasing Enterprise Value by 15% INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, has won IDC’s Best in Future of Trust Award, based on the transformative results that Socure […]

LendKey’s Loan Sale Platform – ALIRO – Expands Loan Sale Capabilities

Webinar Highlighting ALIRO’s Capabilities to Take Place Tuesday, February 8th at 2pm EST NEW YORK–(BUSINESS WIRE)–LendKey, a leader in managing digital lending networks for credit unions and banks, today announced that it has expanded the capabilities of ALIRO, its platform that allows for the sale and purchase of loans. Launched last February, ALIRO’s loan participation […]

Praxent Recognized as a 2022 Best Company to Work for in Austin by Built In

Praxent acknowledged for culture of execution, dedication to employee wellbeing AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, has been named a 2022 Best Place to Work in Austin by Built In. Praxent ranked no. 27 in the small companies category. Praxent helps financial services companies quickly and effectively launch new […]

Texas Bay Credit Union Collaborates With Scienaptic To Leverage Its AI-Powered Platform For Enhanced Credit Decisioning

NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Texas Bay Credit Union has chosen its credit decisioning platform. The collaboration will help the credit union to make stronger loan decisions and enhance member experience. Texas Bay Credit Union was established in 1936 with a mission to be a trusted […]

GSA Strengthens Leadership Team With CFO Appointment

Global Leader in Student Housing Sector Launches New Brand Mark Ortiz, a global finance executive with over 28 years of experience with GE, appointed Chief Financial Officer of GSA Ortiz will be a key member of the Board and Executive Team, and will play an integral role in driving strategic and financial growth GSA has […]

Tinubu Square Appoints Aurelien Pelletier as Chief Product & Technology Officer

ISSY-LES-MOULINEAUX, France–(BUSINESS WIRE)–#innovation–Tinubu Square, a proven SaaS solutions editor and a leader in enabling Credit Insurance & Surety digital transformation, is expanding. To sustain its current growth, Tinubu recently made acquisitions, onboarded new technologies and is equipping itself with the capabilities to achieve its ambitions. This is reflected in the investments made in its products, […]

CSI Banking Priorities Survey Highlights Cybersecurity and Workforce as Top Two Concerns for 2022

-Results from CSI-Sponsored Survey of 279 Bank Executives Now Available- PADUCAH, Ky.–(BUSINESS WIRE)–Research released today from Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, suggests growing concerns among bank executives around recruiting and retaining talent as well as fighting cybercrime threats. In the company’s seventh annual Banking Priorities Survey, […]

Accenture Named a Leader in Platform IT Services for both Banking and Capital Markets by Everest Group

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has, for the second consecutive time, been named a Leader in platform IT services for banking and capital markets in a report by industry analyst firm Everest Group. In the report, titled “Platform IT Services in BFS PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market […]

WEX, Bestpass Make Tolling Easier for Over-the-Road Customers

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, and Bestpass, a comprehensive payment platform provider and leader in toll management solutions for commercial fleets in North America, today announced the launch of WEX Fleet Tolls powered by Bestpass. WEX Fleet Tolls powered by Bestpass gives WEX’s over-the-road (OTR) customers the option to […]

EMQ Accelerates Real-time Cross-border Payments across Europe to Support Global Enterprises

International payments now delivered within minutes in EUR to any banks in Europe via SEPA Instant Credit Transfer HONG KONG & LONDON–(BUSINESS WIRE)–#London–Global payments network EMQ deepens its reach across Europe by adding SEPA instant credit transfer (SCT Inst) capabilities to its network. This major enhancement further extends EMQ’s network infrastructure into the high-growth markets […]

Bank Indonesia Drives Country’s Real-Time Payment Ambitions with ACI Worldwide

BI-FAST—first ever national real-time payments infrastructure goes live in less than nine months MIAMI & JAKARTA, Indonesia–(BUSINESS WIRE)–#ACI—Bank Indonesia (BI), Indonesia’s central bank, has launched the country’s first real-time payments infrastructure, BI-FAST, driven by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software. BI-FAST is an integral part of Indonesia’s ongoing […]

CORRECTING and REPLACING Stratton Equities Announces Partnership with Lendsmart to Expedite its Underwriting Process

Stratton Equities will underwrite loans upfront and reduce the loan origination processing times using Lendsmart’s AI underwriting platform. NEW YORK–(BUSINESS WIRE)–#banking–Please replace the release dated January 24, 2022 with the following corrected version due to multiple revisions. The updated release reads: STRATTON EQUITIES ANNOUNCES PARTNERSHIP WITH LENDSMART TO EXPEDITE ITS UNDERWRITING PROCESS Stratton Equities will […]

Obie Launches Partnership with Digital Partners, a Munich Re Company

Obie to Offer Industry-first Instant Insurance Quotes for Real Estate Investors CHICAGO–(BUSINESS WIRE)–Obie is partnering with Digital Partners, a Munich Re company, to provide a new, instant insurance offering. This partnership will provide landlords with the ability to obtain bindable insurance quotes for their investment properties within minutes. “Providing an instant, affordable, and transparent insurance […]

Payfactory Announces Strategic Growth Investment from Bluefin to Bring Benefits of Payfac to Software Companies

Strategic investment combines Payfac with industry-leading payment security ATLANTA & TULSA, Okla.–(BUSINESS WIRE)–Payfactory, a fintech payment facilitator for software platforms, has announced a growth investment from Bluefin, the recognized integrated payments leader in P2PE encryption and vaultless tokenization technologies that protect payments and sensitive data. Formed by payments industry veterans and created for and by […]