Business Wire


Apex Fintech Solutions Completes First-Ever Account Transfer Using New Automated Customer Account Transfer Service Protocols

Today’s milestone marks the first time new messaging protocols included in NSCC’s ACATS clearing service were achieved through Apex’s SaaS Account Transfer Service DALLAS–(BUSINESS WIRE)–Apex Fintech Solutions Inc. (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management, today announced the completion of the first-ever account transfer leveraging the latest messaging […]

Juniper Research: Digital Money Transfer Market: Huawei and Visa Revealed as Leaders in New Competitor Leaderboard

Total Money Transfer & Remittances Market to Exceed $6.5tn in Transactions by 2028 Globally BASINGSTOKE, England–(BUSINESS WIRE)–#combankdigitalmoneytransfer–A new study from Juniper Research, the foremost experts in payments markets, found the value of digital money transfer & remittances transactions will increase by 41% over the next four years; up from $4.5 trillion in 2028. This growth […]

iCapital® and Bain Capital Credit Partner to Expand Wealth Managers’ Access to Alternative Investments

With growing advisor appetite for private credit investment opportunities, Bain Capital Credit partners with iCapital to create bespoke Bain Capital platform NEW YORK–(BUSINESS WIRE)–#Alternatives—iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, today announced a partnership with Bain Capital Credit, L.P., a leading global credit specialist, to provide […]

Matera’s "Pix by the Numbers" Report Highlights New Milestone of an Estimated 5 Billion Pix Transactions per Month

Pix is setting the standard for payments modernization ATLANTA–(BUSINESS WIRE)–#DigitalPayments—Matera, maker of world-class instant payments, QR code and digital ledger technology, today released its quarterly report on the adoption of Brazil’s highly successful Pix instant payments scheme. The latest Pix by the Numbers report covers data through Q1 2024 and shows that the number of […]

HighRadius Launches B2B Payments To Reduce Payment Processing Fees By Up to 90%

A key addition to its Office of the CFO software suite, the solution promises to streamline payment processes across a diverse spectrum of 100+ global payment methods. HOUSTON–(BUSINESS WIRE)–#AI–HighRadius, the leading provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, announced the launch of their B2B payments platform to improve payment processes across 100+ […]

T. Rowe Price Expands Use of Cloud-Based Charles River® IMS

BOSTON–(BUSINESS WIRE)–#assetmanagement–Charles River Development, a State Street Company, announced today that T. Rowe Price will transition to Charles River’s cloud-based technology platform. T. Rowe Price will utilize the Charles River Investment Management Solution (IMS) for portfolio management, trading, and compliance and the State Street Alpha® Data Platform (ADP) for data management and services. Charles River […]

Pesa Launches Cost Competitive and Convenient Remittance Services To India

Canadian Fintech Connects Indian Diaspora To Affordable Money Transfers. TORONTO–(BUSINESS WIRE)–#Africa—Pesa, a Canadian cross border financial services provider, announced today its expansion into India following impressive results serving the West African diaspora (Nigeria, Ghana, Cameroon). After achieving $2 million in revenue (and profitability) in its first year, the Toronto-based company is doubling down on the […]

Navy Federal Credit Union Announces 7-year Strategic Partnership with Backbase

Backbase’s Engagement Banking Platform will serve as a platform for Navy Federal Credit Union’s ongoing progressive modernization of their member- and employee-facing operations. ATLANTA–(BUSINESS WIRE)–Backbase, the leading Engagement Banking Platform provider, announces today the renewal and expansion of its partnership with Navy Federal Credit Union, the world’s largest credit union with more than 13 million […]

ICE Reports Record Open Interest Across its Global Natural Gas Markets with Record Trading Activity in Natural Gas Options

AMSTERDAM & HOUSTON & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record open interest (OI) across its global natural gas futures and options markets as well as record trading activity in global natural gas options. On March 22, 2024, ICE’s global natural gas futures and options […]

Scrapping Cash: Onbe and ScrapRight Provide 600 Scrap Yards with Instant, Modern Payouts

With states restricting the use of cash in recommerce transactions, Onbe’s solution enables scrap yards and recycling centers to pay sellers with compliant digital options. CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–Onbe, a leading corporate payouts platform, is partnering with recycling management software company ScrapRight to make payouts more secure and accessible for over 600 scrap yards and […]

Toast Expands Commitment to Enterprise Brands with Launch of Restaurant Management Suite

New features give restaurant brands exclusive data and insights, control and support, and access to valuable integrations and APIs BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the digital platform built for restaurants, today announced the launch of its new Restaurant Management Suite. Powered by insights from more than 100,000 restaurant locations including hundreds of multi-unit brands like Caribou […]

BlackRock and Santander Partner on $600 Million Private Infrastructure Financing

NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE: BLK) and Santander today announced that funds and accounts managed by BlackRock will provide financing on a $600 million diversified portfolio of infrastructure credit across communications, energy, power and transportation sectors via a structured transaction. BlackRock’s private debt franchise provides differentiated, flexible and scalable financing solutions to a broad network of […]

oceansix Engages US-Based Investor Relations Firm RBMG

TEL AVIV, Israel–(BUSINESS WIRE)–oceansix future paths Ltd. (the “Company“ or “oceansix“) (Canada-TSXV: OSIX, US-OTCQB: AKMYF, Frankfurt-FSE: 5FC0), a technology and manufacturing company on an environmental mission to create innovative products and build transformative businesses using plastic waste, is pleased to announce that the Company has retained the US-based corporate communications firm, RB Milestone Group LLC […]

Danish BNPL-leader Viabill Enters Consolidation Mode on All-time Best Results

COPENHAGEN, Denmark–(BUSINESS WIRE)–Reporting record results for the fiscal year 2022/2023, Viabill has perfected a “unique recipe” and thus value proposition for other European BNPLs seeking a platform for profitability in a post-ZIRP era, says group CEO, vowing to enter consolidation mode and scout for possible acquisitions as the Danish BNPL-leader nears its 15th operational year. […]

RD Impulsora Secures $80 Million Loan from Sivo to Support Small Businesses in Mexico

NEW YORK–(BUSINESS WIRE)–RD Impulsora de Negocios, a pioneering firm dedicated to fostering the growth of small and medium-sized enterprises (SMEs) in Mexico, has announced that it has secured a substantial loan of 80 million pesos from Sivo, a global leader in financial solutions for the fintech industry. This strategic infusion of funds is set to […]

Trean Streamlines Workers’ Comp Operations Across U.S. With Origami Risk’s Core Suite

Single Platform Drives Operational Efficiency; Transforms Policy Admin, Billing and Claims WAYZATA, Minn.–(BUSINESS WIRE)–#CoreSolutions–Trean Insurance Group (TIG), a full-service property and casualty insurance and reinsurance company delivering comprehensive insurance solutions through its family of highly rated and broadly licensed insurance companies—Benchmark, 7710, and American Liberty—has successfully completed the implementation of Origami Risk’s multi-tenant core property […]

Clari Joins Forces with Deloitte Digital to Help B2B Companies Achieve Revenue Precision

New strategic alliance will combine Clari’s Revenue Cadences and Deloitte Digital’s Sales Excellence practice to initiate the Future of Revenue SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI—Clari, the leading Revenue Platform, today announced a new strategic alliance with Deloitte Digital, offering AI revenue transformation capabilities to help customers stop revenue leak and drive revenue precision by leveraging Clari’s AI-powered […]

ServiceNow Research Shows Changing Consumer Brand Loyalty in Canada, Reveals Potential for AI-Powered Customer Service

• 74% of Canadians are less loyal to brands than they were two years ago • Majority (92%) want quick, real-time support and more than half (53%) want 24/7 customer service by 2025 • 85% want flexibility to choose how they interact with a brand’s customer service TORONTO–(BUSINESS WIRE)–ServiceNow (NYSE: NOW), the leading digital workflow […]

CFCU Community Credit Union Selects Pulsate as Marketing Engine to Offer Individualized Digital Services Across Members’ Life Stages

CFCU leverages Pulsate’s mobile-first, personalized member engagement solutions through the Constellation Digital Banking platform DUBLIN–(BUSINESS WIRE)–Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that CFCU Community Credit Union (CFCU) has chosen Pulsate as its premier marketing engine for its ability to […]

Airwallex rolls out Borderless Visa Cards in Canada, giving Canadian businesses a streamlined approach to global expense management

With the Airwallex Borderless Visa Card, Airwallex customers in Canada can instantly generate and issue virtual cards and transact in multiple currencies with zero international fees Canadian businesses will gain greater flexibility and control to scale their business globally while making seamless and faster payments – reducing the friction and cost associated with international transactions […]

Worcester Polytechnic Institute Launches First-in-the-Nation Financial Technology PhD; Only University in the U.S. to Offer All Degree Levels in FinTech

New degree program aims to meet local and global education, innovation, and workforce needs. WORCESTER, Mass.–(BUSINESS WIRE)–Building on its established master’s and bachelor’s degree programs and aiming to meet industry trends and demands, Worcester Polytechnic Institute (WPI) has introduced the nation’s first PhD program in Financial Technology (FinTech). The new program underscores WPI’s dedication to […]

Customers Bank Onboards 10 Experienced Banking Teams and Accelerates Deposit Transformation; Builds Prominence on East, West Coasts

Recruitment drive fuels distinct Single Point of Contact banking model designed to offer unparalleled client service and attention MALVERN, Pa.–(BUSINESS WIRE)–$CUBI #FinTech–Customers Bank, the $22 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), has onboarded 10 experienced commercial and business banking teams in New York, California and Nevada. The hiring drive is expected to accelerate the […]

SoFi Announces New Partnership with #4 World Ranked Professional Golfer and Reigning U.S. Open Champion Wyndham Clark

Clark and SoFi Commit to Helping Members “Play Big” and Realize Their Financial Ambitions Clark Joins SoFi’s Star Sports Partners Los Angeles Chargers Quarterback Justin Herbert and Boston Celtics Forward Jayson Tatum SAN FRANCISCO–(BUSINESS WIRE)–SoFi (NASDAQ: SOFI), the digital personal finance company, announced a multi-year partnership with #4 world-ranked professional golfer and reigning U.S. Open […]

P1FCU Leverages InMoment’s Cutting-Edge Advanced AI to Elevate Credit Union Member Experiences

P1FCU leverages innovative technology to glean deeper insights from credit union members’ surveys, digital banking, and call center feedback SALT LAKE CITY–(BUSINESS WIRE)–InMoment®, a leader in Experience Improvement solutions, announced today its collaboration with Potlatch No. 1 Financial Credit Union (P1FCU) to implement a progressive credit union AI-based technology to elevate experiences across all facets […]

Sixth Annual Enterprise Tech 30 List released by Wing Venture Capital—Generative AI dominates, enthusiasm strong for early-stage companies

Further insights: Companies are landing on the ET30 earlier than ever before; PLG remains the preferred model; seed financings grow while later stage financings flatten SAN FRANCISCO–(BUSINESS WIRE)–Wing Venture Capital, a venture capital firm investing in early-stage companies driving the AI-first transformation of business, today announced the fifth annual Enterprise Tech 30—a definitive list of […]

StartupOS Announces Generative AI Accelerator Program to Scale Early-Stage Startups and Boost Enterprise Collaboration

New Program Nurtures Generative AI-Focused Startups and Creates New Growth, Partnership and Revenue Opportunities for Enterprises LA QUINTA, Calif.–(BUSINESS WIRE)–StartupOS, a leader in StartupTech, today announced its first Accelerator Program focused on generative AI. The program is designed to accelerate early-stage startups and connect them with emerging enterprises, providing a unique platform for collaboration and […]

Cutting-Edge Generative AI Power with Majesco’s Copilot Spearheads the Spring ’24 Release

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader in cloud insurance software solutions for insurance business transformation, is excited to announce the Spring ’24 Release of its portfolio of software solutions, spearheaded by the revolutionary enhancements of Majesco Copilot. With this update, Majesco reaffirms its position at the forefront of the insurance technology industry, introducing cutting-edge Generative […]

Modular Water Systems and Klir Partner for Water On Demand Pilot Program

Klir was selected to centralize workflows and data to meet environmental regulations, compliance, and quality requirements CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Other: OCLN), the Clean Water Innovation Hub™, announced today the selection of Klir, Inc. (www.klir.com) to support its planned Water On Demand pilot program focusing on mobile home parks (MHP) in the Greater […]

Wellfit Partners With HFD to Expand Financing Coverage Across the Credit Spectrum

IRVING, Texas–(BUSINESS WIRE)–Wellfit® Technologies, Inc., (Wellfit), a leading healthcare technology platform that provides streamlined financing options, discount plans and payments processing, announces a strategic partnership with HFD. This collaboration signifies a pivotal step towards enhancing accessibility to healthcare financing solutions across the entire credit spectrum. Through this alliance with HFD, Wellfit expands its capacity to […]

DataVisor Partners with Mitek to Strengthen Fraud Detection Ecosystem with Enhanced Check Fraud Protection

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and risk platform, announced today that it has partnered with Mitek (NASDAQ: MITK) to enhance the platform’s comprehensive check fraud protection offerings. By integrating Mitek’s Check Fraud Defender, a consortium based check fraud detection solution with DataVisor’s advanced machine learning and real-time data analysis, financial institutions […]

Options and Magtia Empower Trading Firms with Next Generation Symbology Solution

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced a strategic partnership with Magtia, a financial symbology platform provider specializing in data mapping for front, middle and back-office trading systems. The partnership is set to provide customers with bespoke API connectivity combined with enhanced symbology and cross-referencing […]

Kelp and PitchBook Announce Data Partnership

LONDON–(BUSINESS WIRE)–Kelp, a FinTech decision and analytics platform for alternative investors, and PitchBook, the leading data provider for the private and public equity and credit markets, are excited to announce today an agreement to integrate PitchBook data within Kelp’s software suite. This collaboration marks a significant milestone in the pursuit of data-driven solutions in combination […]

IPinfo Announces Free IP Data Available in Google Cloud Marketplace

SEATTLE–(BUSINESS WIRE)–#IPInfo—IPinfo, a leading IP address data provider with over 500,000 users, announced today the availability of Free IP to Country and Autonomous System Numbers (ASN) data available on Google Cloud Marketplace. These data offerings bridge an important data enrichment gap for users within the platform, enabling organizations to improve efficiency with seamless data exchanges, […]

Ant Group Launches Partnership on International Consumer Friendly Zones Program in China, Partnering With Global E-wallets, Card Organizations

Through a partnership with Alipay+, NayaPay becomes the first fintech platform in Pakistan to enable its users to pay at 80 million merchants in China directly through their NayaPay app. With continued expansion of the partnership with e-wallets and major card organizations, Ant International introduces a new nationwide initiative to build International Consumer Friendly Zones […]

John Marshall Bank Announces Escrow Optimizer, a New Digital Platform for Escrow Deposits

RESTON, Va.–(BUSINESS WIRE)–John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is proud to announce that the Bank has launched the Escrow Optimizer Platform to add to the Bank’s growing and robust products and service offerings. The Escrow Optimizer, a 24/7 digital platform, offers tracking of transactions […]

kWh Analytics Raises Property Insurance and BESS Capacity for Renewable Energy Projects with Leading Carrier Aspen Insurance

Capacity supports renewable energy growth to fight climate change SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, Inc., the industry leader in climate insurance, announced today a significant increase in its capacity agreement with Aspen Insurance (“Aspen”) to support its property insurance offering for renewable energy projects. With this increase, kWh Analytics is able to underwrite up to USD$75 […]

SMArtX Advisory Solutions Expands Manager Marketplace With 31 New Strategies from Top Asset Managers

First Trust Advisors forges partnership and joins the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology, announced it has added 31 strategies offered by four leading asset management firms to its rapidly expanding platform. The firm’s cutting-edge platform now offers 1,375 strategies from over […]

The Black Car Fund to Use Generative AI to Improve Reserve Accuracy and Lighten Claims Adjuster Workloads

The Black Car Fund Selects CLARA Analytics as Their Claims AI Platform SUNNYVALE, Calif. & LONG ISLAND CITY, N.Y.–(BUSINESS WIRE)–#AI—The Black Car Fund, a New York not-for-profit organization created by New York state to protect New York’s for-hire drivers with workers’ compensation insurance coverage, has chosen CLARA Optics and CLARA Triage, AI-driven technology on the […]

BioCatch and COMM Partner to Execute Award-Winning Account-Based Marketing Campaign, Achieving a Remarkable 63% Increase in Prospect Engagement

COMM named ABM agency of record for BioCatch FRAMINGHAM, Mass.–(BUSINESS WIRE)–COMM (formerly CommCreative), a digital-first marketing agency, is proud to announce its designation as the agency of record for BioCatch, the behavioral biometric intelligence pioneer and leader in digital fraud detection and financial crime prevention. This partnership marks a pivotal moment, driving BioCatch’s customer acquisition […]

Capital Mortgage Services selects MSP® loan servicing system from ICE

Capital Mortgage Services has chosen MSP to help scale its servicing operations The mortgage banking firm will also use MSP’s integrated solutions to support an exceptional customer experience ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, announced that Capital Mortgage Services, a Lubbock-based mortgage bank with […]

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