Business Wire


MPOWER Financing and Flutterwave Partner to Promote Student Loans for International Students from Africa

WASHINGTON–(BUSINESS WIRE)–MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to high-promise international students in the United States and Canada, has partnered with Flutterwave, an Africa-focused global payments technology company, in order to make the student loan application and payment process seamless for international students from Africa. MPOWER works with more […]

Nordic Banks Move to Digital Services for Competitive Edge

ISG Provider Lens™ report sees banks in the region embracing artificial intelligence, blockchain and other emerging technologies to improve customer experiences STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordic region are looking to modernize and digitize their services in response to the COVID-19 pandemic and emerging competition from FinTechs, according to a new report published today by […]

EMQ Bolsters Mobile Wallet Capabilities Across Southeast Asia

Mobile wallet users in Indonesia will now be able to receive funds instantly from around the world SINGAPORE & JAKARTA, Indonesia–(BUSINESS WIRE)–#Promptpay–Global payments network EMQ today announced a significant enhancement to its global payment capabilities by enabling real-time payouts to major mobile wallets in Indonesia. This further complements EMQ’s ability to provide an integrated suite […]

Cooley Expands Financial Services Capabilities With Top Litigation Team

WASHINGTON–(BUSINESS WIRE)–Michelle Rogers, Katherine Katz and Joshua Kotin have joined Cooley as partners in the firm’s elite financial services practice, where they will focus on defending clients in government enforcement actions and litigation. Katherine Halliday is also joining the team as a special counsel. Arriving from Buckley, the group brings extensive experience defending clients in […]

Q2 Helps UK-Based Knoma Offer Zero-interest, No-fee Student Loans in Minutes

Q2 helps Knoma streamline its student loan process, reducing funding decision timing from three to six months down to minutes AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced UK-based Knoma, which provides zero-interest, no-fee student loans, has partnered with Q2 Lending to reduce the […]

BlockFills Closes $37 Million Series A Funding Round to Continue Global Expansion and Scale Existing Core Verticals

CHICAGO–(BUSINESS WIRE)–#BlockFills—BlockFills, a fast-growing global digital asset trading and financial technology company, announced the completion of a Series A funding round totaling $37 million. The round was led by institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6E, Nexo Inc. and several other institutional investors and funds. This is the second […]

Encore Bank Partners with ZSuite Technologies to Leverage Innovative Technology Solutions

WESTWOOD, Mass.–(BUSINESS WIRE)–#ZEscrow—ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, has partnered with Encore Bank to offer its customers ZEscrow and ZRent. Arkansas-based Encore Bank is a private, boutique bank with a commercial focus that couples experienced bankers with innovative technology to offer personalized service […]

Fintech Pioneer and Contactless Ordering System, Leslie, Announces US Launch

Founders of UK startup – which attracted investment from KKR Co-Founder, Henry Kravis, Zip Founder, Larry Diamond, and Middleby Corporation – begin US expansion just 12 weeks after launch LONDON–(BUSINESS WIRE)–On-table ordering startup, Leslie, is bringing its hospitality revolutionizing technology to food service and hospitality companies in the US just 12 weeks after its initial […]

Ekata Expands Account Opening Solution to Help Online Businesses Assess Risk at Account Creation

New capabilities enable ecommerce sites and marketplaces to create seamless onboarding experiences while fighting fraud SEATTLE–(BUSINESS WIRE)–Ekata, a global leader in digital identity verification, today expanded its account opening solutions to help online businesses worldwide quickly identify and flag risky account sign-ups. Powered by a proprietary data set and machine learning, Ekata’s account opening solutions […]

iCapital® Announces Brand Ambassador Sponsorship with LPGA Professional and 2-Time US Olympian Lexi Thompson

Lexi will proudly wear the iCapital logo on her visor NEW YORK–(BUSINESS WIRE)–iCapital[i], the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today a 3-year brand ambassador partnership with LPGA major tournament champion and two-time Olympian, Lexi Thompson, currently placed 12th in the […]

Altura Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Altura Credit Union has collaborated with its platform for enhanced credit decisioning. Incorporated in 1957 and headquartered in Riverside County, Calif., Altura Credit Union is a not-for-profit financial cooperative providing financial solutions such as loans, investment, savings, credit and debit cards, […]

Payfare Reaches Record Milestone to End 2021

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced that it ended 2021 with over half a million active users1, which represents an increase of more than 40% over Q3 2021 and 830% over Q4 2020. The sizable […]

 Personetics Secures Over $160 Million in 2021 and Accelerates the Global Expansion of its AI-Driven Personalization and Engagement Solutions for Financial Institutions With $85 Million Investment From Thoma Bravo

 – Over 120 million bank customers are now ‘self-driving’ their finances with Personetics’ Engagement Platform and improving their financial well-being – Personetics’ Engagement Platform has generated over 6.5bn insights and saved for customers utilizing its business solutions over $500m – Personetics partners with over 80 financial institutions in 30 global markets – Personetics’ growth has […]

5 Tips to Get the Best Business Account for International Payments – DNBC Financial Group

LONDON–(BUSINESS WIRE)–$DNBC #businessaccount–Each year, hundreds of companies consider international expansion. As part of this process international payments become inevitable. While globalization offers huge potential for growth, looking for a provider to make fast and saving money transfers greatly affects your business. To help you make a wise decision, DNBC Financial Group experts have created the […]

Global Venture Capital Annual Investment Shatters Records Following Another Healthy Quarter, Says KPMG Private Enterprise’s Venture Pulse Report

Annual venture capital investment reaches US$671 billion invested across 38,644 deals Global VC-backed exits achieve record year of US$1.38 trillion, propelled by IPO market NEW YORK–(BUSINESS WIRE)–Venture capital investment remained close to record levels with the swift pace of Q4’21, capping off what has been a banner year for the global venture capital market. According […]

CR2: Adopt an Agile Digital Banking Platform: Improve Innovation, Create New Value and Increase Profitability

DUBLIN, Ireland–(BUSINESS WIRE)–CR2’s (www.cr2.com) latest market insight report, ‘Adopt an Agile Digital Banking Platform’ has been written in collaboration with Stessa Cohen (www.pivotassets.co), an internationally recognised expert on the digital transformation of the global banking industry. In the report, Stessa identifies how bankers must have an agile digital banking platform to support global and local […]

Skience Partners with Incedo to Bring RIAs a One-Stop Wealth Management Solution

SkienceONE delivers a turnkey, modern wealth management experience to RIA firms of all sizes HERNDON, Va. & ISLIN, N.J.–(BUSINESS WIRE)–#AdvisorExperience—Skience, a leading financial services solution and consulting provider, has partnered with Incedo Inc., a leading digital transformation consulting and technology solutions firm for the wealth management industry, to make its all-in-one, cloud-based wealth management platform […]

The City of Syracuse Partners with InvoiceCloud to Launch New Online Payment System for Tax Payments

The portal, which Syracuse currently uses for water and parking payments, will give residents enhanced options to pay taxes online or via phone This released issued in association with InvoiceCloud. SYRACUSE, N.Y. & BOSTON–(BUSINESS WIRE)–The City of Syracuse has partnered with InvoiceCloud, an EngageSmart (NYSE:ESMT) solution for online bill payment solutions, to launch an enhanced […]

Fusion Risk Management’s Expansive Product Innovation and New Client Acquisition Fuel Dramatic Annual Growth in 2021

Commitment to customer centricity and community growth drive continued momentum as more firms turn to Fusion to drive their operational resilience needs and meet new regulatory requirements CHICAGO & LONDON–(BUSINESS WIRE)–Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, business continuity, and risk management software and services, today announced record results from 2021. […]

Ness Strengthens Product Engineering Expertise With the Acquisition of Niyuj

TEANECK, N.J.–(BUSINESS WIRE)–Ness, a full-lifecycle digital services transformation company, is pleased to announce its acquisition of Niyuj, a leading provider of software product engineering services specializing in digital infrastructure management including cutting edge software products in Networking, Security, Storage and Cloud Solutions. “Niyuj is well positioned to take advantage of the acceleration from hardware centric […]

First State Housing Finance Authority (HFA) Automates Loan Delivery with ICE Mortgage Technology’s Artificial Intelligence and Loan Delivery Solutions

Colorado Housing and Finance Authority (CHFA) Leverages Encompass® Investor Connect™ and AIQ™ for Automated Loan Delivery and Document Recognition PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Colorado Housing and Finance Authority (CHFA) has integrated Encompass Investor Connect […]

Advent Technologies to supply SereneU Fuel Cells for Globe Telecom’s rooftop sites in the Philippines

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“ or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that – within the framework of its long-lasting collaboration with Globe Telecom, Inc. (Globe) – it is currently upgrading Globe’s rooftop sites in the Philippines with 10kW SereneU fuel […]

Advisor Websites’ Inaugural State of the Industry Report Analyzes Successful Digital Marketing Strategies for Financial Advisors

Survey of nearly 500 advisors reveals that personalization, automation and tailored content drive digital marketing engagement VANCOUVER, British Columbia–(BUSINESS WIRE)–Advisor Websites, a provider of personalized websites and targeted digital marketing solutions for financial advisors, announced availability today of its State of the Industry Report, “Fueling Growth. Powering Personalization. How Financial Advisors Can Supercharge Growth Through […]

AdvisorEngine® Announces Major Transformation of Junxure CRM

AdvisorEngine delivers new functionality, flexible personalization and fast performance, built on a powerful new technology architecture and design system NEW YORK–(BUSINESS WIRE)–AdvisorEngine®, the financial experience company and provider of client relationship management (CRM) and portfolio management technology, announced today the transformation of Junxure CRM. This transformation delivers an entirely new technology foundation and enhanced productivity […]

Discover and Serbia’s DinaCard Establish Strategic Agreement to Increase Payment Acceptance

BELGRADE, Serbia & RIVERWOODS, Ill.–(BUSINESS WIRE)–The National Bank of Serbia and Discover signed a strategic agreement that increases the global acceptance footprint for Discover Global Network cardholders within Serbia. The agreement gives Discover, Diners Club International, PULSE and Network Alliance cardholders the ability to use their cards on the DinaCard payment network, which includes Point-of-Sale […]

SpyCloud Releases First Anti-Fraud Solution to Illuminate Fraud Risk by Applying Analytics to Underground Data

Solution offers actionable, predictive fraud risk assessments by analyzing breach and malware-stolen data recaptured from the criminal underground. AUSTIN, Texas–(BUSINESS WIRE)–#data–SpyCloud, the leader in account takeover and fraud prevention, announced today the launch of their new product, SpyCloud Identity Risk Engine, a transformative API-delivered solution that provides actionable, predictive risk assessments for e-commerce and financial […]

Temenos Announces Composable Banking Services on the Temenos Banking Cloud Platform

New Composable Banking Services accelerate product time-to-market for banks and non-banks by easily combining Temenos Banking Capabilities and third-party solutions from the Temenos Exchange GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced Composable Banking Services and Capabilities aligned to the BIAN (Banking Industry Architecture Network) service landscape on the Temenos Banking Cloud. In […]

Fast Growing RegTech SteelEye Reports 88% Growth In 2021

NEW YORK–(BUSINESS WIRE)–SteelEye, the compliance technology and data analytics firm, has announced a record year of growth. Revenues increased 88 percent year-on-year in 2021 and the company now has over 120 institutional clients worldwide, with new clients including Oppenheimer Europe Ltd and JonesTrading. SteelEye – which is headquartered in the UK and has offices in […]

Tennis Star Alex de Minaur and GKG’s FairMarkets Announce Sponsorship

MELBOURNE, Australia–(BUSINESS WIRE)–Australia’s No.1 male professional tennis singles player Alex de Minaur and FairMarkets, the investment house that is part of GKG Financial Holdings (GKG), have signed a global sponsorship agreement. The partnership brings together one of the sport’s rising stars, who is tipped for future Grand Slam success, and FairMarkets, a fast-growing, challenger brand […]

Tender Retail and Blackhawk Network Announce Expansion of Solution-Oriented Partnership

Market leaders are expanding their proven gift card integrations to offer additional choices for merchants for Buy Now Pay Later, couponing, and cryptocurrency acceptance PLEASANTON, Calif.–(BUSINESS WIRE)–Tender Retail, a leader in middleware payment solutions for enterprise retail and quick-service restaurant chains, and Blackhawk Network, a global financial technology company, announced a new commercial relationship to […]

More Than 1,000 Merchant Users Choose PolCard Go from Fiserv for Contactless Payments via Mobile Phones

First-to-market mobile application has seen success among businesses of all sizes and across industries as demand for easy contactless payment options has grown WARSAW, Poland–(BUSINESS WIRE)–#contactless–More than 1,000 users representing businesses of all sizes across a range of industries are using PolCard® Go from Fiserv, a leading global provider of payments and financial services technology […]

38% of Supplier Survey Respondents Use Early Payment to Manage Working Capital, Up From 19% In 2017

Latest Taulia supplier sentiment survey explores five years of data, changing trends in the payment space, and the views of nearly 80,000 respondents SAN FRANCISCO–(BUSINESS WIRE)–38% of respondents take early payments monthly in 2021, up from 19% in 2017, according to a supplier sentiment survey conducted by Taulia, the leader in working capital technology solutions. […]

Juniper Research: eCommerce Payment Transactions to Exceed $7.5 Trillion Globally by 2026, as Omnichannel Retail Momentum Accelerates

BASINGSTOKE, England–(BUSINESS WIRE)–#ecommercepayments–A new study from Juniper Research has found that the value of global eCommerce payment transactions will exceed $7.5 trillion by 2026, from $4.9 trillion in 2021. This growth rate of 55% over the next five years will be driven by retailers offering compelling omnichannel retail experiences that increase user eCommerce spend. Omnichannel […]

The City of Billings, MT Sees 262% Increase in E-Payments After Partnering with InvoiceCloud and VertexOne WaterSmart™ 

BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart, Inc. (NYSE: ESMT) solution for online bill payment services, today announced that since partnering with Billings Public Works and VertexOne WaterSmart™ to offer residents expanded options for paying bills online, e-payments have increased by 262%. Since the implementation in April 2020, Billings has seen a steady increase in online payment adoption […]

Fieldpoint Private’s Banking Partnership Model Signals New Opportunities for the Independent Advisor Community

Fieldpoint’s collaboration with Summit Financial and Merchant Investment Management integrates private banking as a holistically advised, white-glove offering through independent advisors GREENWICH, Conn.–(BUSINESS WIRE)–Fieldpoint Private’s Advisor Banking Services platform represents a new model that will enable independent advisors to deliver truly holistic wealth management services encompassing a full suite of private banking offerings. Made possible […]

Boston Omaha Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Boston Omaha Corporation (NYSE: BOMN) has completed its listing transfer and will begin trading today as an NYSE-listed company. Boston Omaha will now be able to leverage all of […]

BitNile Holdings Partners With Ed Carpenter Racing to Sponsor the No. 20 BitNile Chevrolet for the 2022 NTT INDYCAR SERIES

LAS VEGAS–(BUSINESS WIRE)–$AGH #2020_NTT_INDYCAR_Series–BitNile Holdings, Inc (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) announced today a new partnership with Ed Carpenter Racing to serve as primary partner for the No. 20 Chevrolet in a two-year deal (subject to certain termination provisions) as Ed Carpenter Racing welcomes back Conor Daly as the […]

Marcos Kantt Joins Habi as Chief Financial Officer

Latin America’s Leading iBuying and Real Estate Tech Company Continues to Build Out Executive Team with Former Bank of America Merrill Lynch Managing Director and Head of Latin America Financial Institutions, FinTech & Real Estate NEW YORK–(BUSINESS WIRE)–Habi, one of the largest real estate technology companies in Latin America, today announced the appointment of Marcos […]

Arc Raises $161M to Launch Full-Service Finance Platform for SaaS, Built in Partnership with Stripe

Fintech platform backed by NFX, Bain Capital, Clocktower, Torch, and Y Combinator is transforming financial services for premium SaaS startups through founder-friendly products and dilution-free capital SAN FRANCISCO–(BUSINESS WIRE)–Arc, the full-service finance platform for SaaS, emerged from stealth today with $161 million in total funding from equity and credit investors. In partnership with Stripe, Arc […]

Tavant Launches VΞLOX NXT™ to Amplify Customer-Centricity and Transform Borrower Experiences

–Next-generation digital lending platform combines dynamic user interfaces, advanced consumer behavior tracking, and customer segmentation to hyper-personalized borrower experiences– SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitaltransformation—Tavant, Silicon Valley’s leading digital lending solutions provider, today launched VΞLOX NXT™, the latest and most advanced edition of its AI-based digital lending platform. The fully re-architected solution combines the proven back-end optimization […]