Business Wire

Ault Global Holdings’ Subsidiary, TurnOnGreen, Receives Safety Approval for Its EV700 Residential Electrical Vehicle Supply Equipment Product Line thumbnail

Ault Global Holdings’ Subsidiary, TurnOnGreen, Receives Safety Approval for Its EV700 Residential Electrical Vehicle Supply Equipment Product Line

TurnOnGreen’s EV700 Product Available for Order and Immediate Fulfillment from Amazon.com, Walmart and TurnOnGreen LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has completed the rigorous safety testing for its TurnOnGreen™ EV700, a […]

Payment Rails Rebrands as Trolley; Closes $7 Million in Series A Funding thumbnail

Payment Rails Rebrands as Trolley; Closes $7 Million in Series A Funding

Brand update reflects Trolley’s ambitions to drive payout-based growth; Investment validates Trolley’s progress in meeting the payout needs of a borderless, internet-based economy TORONTO–(BUSINESS WIRE)–Canadian Fintech startup Payment Rails today revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding […]

Australian wealth management company, ClearView, harnesses Napier technology in fight against financial crime thumbnail

Australian wealth management company, ClearView, harnesses Napier technology in fight against financial crime

SYDNEY–(BUSINESS WIRE)–Napier, provider of leading anti-financial crime compliance solutions, has announced that Australian financial services company, ClearView, has adopted its AI-enhanced technology to support anti-money laundering (AML) activities. The technology will enable ClearView to gain better insights into its customers and identify suspicious behaviour more efficiently while having complete ownership over its AML platform. Napier’s […]

Salucro’s New Report Shows Provider Loyalty is Heavily Influenced by the Patient Financial Experience thumbnail

Salucro’s New Report Shows Provider Loyalty is Heavily Influenced by the Patient Financial Experience

Salucro’s 2021 Patient Payment Technology Report highlights how both patient billing accuracy and the financial experience can drastically impact a patient’s loyalty to their healthcare provider, along with speed to payment, with 65% of patients stating they’ll pay their balances faster if their billing preferences are used. PHOENIX–(BUSINESS WIRE)–Salucro Healthcare Solutions, a leading healthcare payment […]

Inveniam Achieves SOC 2 Type 1 Certification thumbnail

Inveniam Achieves SOC 2 Type 1 Certification

Completion of audit affirms Inveniam’s dedication to security and accountability NORTHVILLE, Mich.–(BUSINESS WIRE)–Inveniam, a fintech company bringing transparency to data-rich private market assets, announced today the completion of its SOC 2 Type 1 certification. Achieving SOC 2 Type 1 certification entails undergoing a rigorous audit overseen by an independent auditor to ensure a firm’s process […]

ECI Expands into Canada to Meet Growing Demand for Managed IT Services by Financial Firms thumbnail

ECI Expands into Canada to Meet Growing Demand for Managed IT Services by Financial Firms

Momentum Continues as Mid-Market Financial Companies Look to Industry-leading Portfolio to Simplify IT, Transform and Grow Their Business BOSTON–(BUSINESS WIRE)–ECI, the leader in managed services and cybersecurity for the global financial services industry, today announced it has expanded into Canada. The move was prompted by demand from mid-market financial firms for its managed services, which […]

CORRECTING and REPLACING Garmin Completes Listing Transfer to the New York Stock Exchange thumbnail

CORRECTING and REPLACING Garmin Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–First paragraph of release should read: “…has completed its listing transfer and will begin trading tomorrow as an NYSE-listed company.” (instead of will begin trading today). The updated release reads: GARMIN COMPLETES LISTING TRANSFER TO THE NEW YORK STOCK EXCHANGE The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a […]

Lightyear Capital Leads Recapitalization of PracticeTek, Joining Founding Investor Greater Sum Ventures For Next Phase of Growth thumbnail

Lightyear Capital Leads Recapitalization of PracticeTek, Joining Founding Investor Greater Sum Ventures For Next Phase of Growth

NEW YORK & KNOXVILLE, Tenn.–(BUSINESS WIRE)–Lightyear Capital LLC (“Lightyear”), a New York-based private equity firm focused on financial services, today announced that investment funds affiliated with Lightyear led a recapitalization of PracticeTek (the “Company”), a provider of vertical software and payments solutions to the retail healthcare market. Lightyear joins Greater Sum Ventures (“GSV”), an entrepreneurial […]

State Street Digital, Vanguard and Symbiont Complete First Live Trade for Foreign Exchange Forward Contracts Leveraging Revolutionary Blockchain Technology and Smart Contracts thumbnail

State Street Digital, Vanguard and Symbiont Complete First Live Trade for Foreign Exchange Forward Contracts Leveraging Revolutionary Blockchain Technology and Smart Contracts

Assembly Smart Contract Automation to Substantially Reduce Risks for Clients BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, announced today that the firms have jointly completed the margin calculation process for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology . The […]

Kasada Secures $23 Million in Series C Funding to Accelerate Global Momentum Combating Online Fraud & New Automated Threats thumbnail

Kasada Secures $23 Million in Series C Funding to Accelerate Global Momentum Combating Online Fraud & New Automated Threats

More than 85% of Customers Worked with Other Bot Mitigation Providers Prior to Engaging with Kasada’s Modern Approach; Company Now Protects Over $20 Billion in eCommerce NEW YORK–(BUSINESS WIRE)–#antibot—Kasada, provider of the most effective and easiest way to defend against advanced bot attacks, today announced $23 million in Series C funding, bringing total investment in […]

AOFEX Establishes its Taiwan Branch to Develop the South Asia Market

AOFEX Establishes its Taiwan Branch to Develop the South Asia Market

TAIPEI, Taiwan–(BUSINESS WIRE)–AOFEX will officially establish the Taiwan branch on December 3, 2021, to enhance the global influence of the brand as well as to better serve its global users. The opening of regional branches will expand the global circulation of OT (platform token) and the adaptation of relevant applications within its ecosystem which will […]

Suffolk Technologies Boost Program “Demo Day” Provides Forum for Contech Startups to Showcase Cutting Edge Solutions thumbnail

Suffolk Technologies Boost Program “Demo Day” Provides Forum for Contech Startups to Showcase Cutting Edge Solutions

Suffolk Technologies, Suffolk’s venture capital and technology investment arm, hosted its 2nd annual Demo Day, concluding its six-week Boost program that supports tech startups focused on addressing industry challenges, expanding networks and raising funding BOSTON–(BUSINESS WIRE)–Suffolk Technologies, the venture capital and technology investment arm of real estate and construction enterprise Suffolk, hosted its 2nd annual […]

Solidus Labs Wins FOW International Award for Best Market Surveillance Solution of the Year thumbnail

Solidus Labs Wins FOW International Award for Best Market Surveillance Solution of the Year

Solidus Labs is the first crypto-native firm to win the prestigious award, as the need for digital asset market surveillance solutions intensifies globally NEW YORK–(BUSINESS WIRE)–#award–Crypto-native risk-monitoring and market surveillance leader Solidus Labs (“Solidus”) proudly announces that it has been awarded Best Market Surveillance Solution of the Year at the Global Investor Group’s Futures & […]

Intercontinental Exchange Reports November 2021 Statistics thumbnail

Intercontinental Exchange Reports November 2021 Statistics

November ADV up 11% 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 November 2021 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 […]

Western Alliance Bank Partners with Tassat to Deliver Blockchain-Based Payments Network to Business Clients thumbnail

Western Alliance Bank Partners with Tassat to Deliver Blockchain-Based Payments Network to Business Clients

-Top-Performing Western Alliance Bank to Use TassatPay® Platform in Growing Digital Payments Market- PHOENIX & NEW YORK–(BUSINESS WIRE)–Western Alliance Bank, the primary subsidiary of $50 billion Western Alliance Bancorporation (NYSE: WAL), and Tassat Group Inc., today announced the bank will implement a fully integrated digital banking platform for its customers, which will include a digital […]

The Banker Names MVB Bank as 2021 Bank of the Year – United States thumbnail

The Banker Names MVB Bank as 2021 Bank of the Year – United States

FAIRMONT, W.Va.–(BUSINESS WIRE)–#bankoftheyear–MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) has been named Bank of the Year – United States for 2021 by The Banker magazine, a leading global finance news publication published by the Financial Times of London. This year’s awards recipients for the Americas were recognized during […]

i2c Partners with BEYON Money and Visa to Launch First Open Banking Super App in Bahrain thumbnail

i2c Partners with BEYON Money and Visa to Launch First Open Banking Super App in Bahrain

Fintech arm of Batelco, the nation’s leading telco, to launch first mobile payments super app in region by year-end 2021 REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with BEYON Money, the mobile super app launched by Batelco Financial Services, which is the fintech arm […]

Cambridge Savings Bank Offers Innovative Lending Solutions to Support LAB Medical’s Out-of-Market Expansion thumbnail

Cambridge Savings Bank Offers Innovative Lending Solutions to Support LAB Medical’s Out-of-Market Expansion

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#assetbasedlending—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team offered a lending solution to support the growth of LAB Medical Manufacturing with acquisition financing for a new manufacturing facility in South Carolina. Headquartered in Billerica, Massachusetts, LAB […]

Javelin Strategy & Research Announces Winners of 2021 Digital Banking Platform Vendor Scorecard thumbnail

Javelin Strategy & Research Announces Winners of 2021 Digital Banking Platform Vendor Scorecard

Backbase emerges as Best in Class winner. Apiture and Q2 also earn top honors as Overall Leaders. SAN FRANCISCO–(BUSINESS WIRE)–#awards–Javelin Strategy & Research announced that the Backbase Engagement Banking Platform has been named Best in Class in the 2021 Digital Banking Platform Vendor Scorecard. The in-depth analysis delves into the myriad choices available to financial […]

Irish Life Investment Managers Selects ICE Index for Irish Life Euro Sustainable Corporate Bond Fund thumbnail

Irish Life Investment Managers Selects ICE Index for Irish Life Euro Sustainable Corporate Bond Fund

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Irish Life Investment Managers (ILIM) has licensed an ICE ESG Fixed Income index, the ICE ILIM Sustainable Euro Corporate Bond Index, for its Irish Life Euro Sustainable Corporate Bond Fund. The ICE ILIM […]

Knightscope Welcomes Kristi Ross to Board of Directors thumbnail

Knightscope Welcomes Kristi Ross to Board of Directors

tastytrade Co-Founder & Co-CEO Brings Over 30 Years of Financial Industry Experience Knightscope Kicks Off Public Listing to Trade on NASDAQ MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–$KSCP #SecurityRobot—Knightscope, Inc., a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced Kristi Ross will join the Company’s board of directors upon the Company’s successful […]

ICE Publishes Contract Rules and Procedures and Crude Oil Quality Specification for Midland WTI American Gulf Coast Futures Contract thumbnail

ICE Publishes Contract Rules and Procedures and Crude Oil Quality Specification for Midland WTI American Gulf Coast Futures Contract

Midland WTI will be Underpinned by Magellan and Enterprise’s Combined Pipeline, Storage and Marine Export Facilities in the Houston Area HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the changes which ICE plans to implement to the ICE Permian West Texas Intermediate (WTI) Crude […]

CUBE Launches New Third Generation RegPlatform to Intelligently Automate Regulatory Compliance thumbnail

CUBE Launches New Third Generation RegPlatform to Intelligently Automate Regulatory Compliance

CUBE launches the world’s first Automated Regulatory Intelligence (ARI) platform, RegPlatform, a world-leading regulatory intelligence platform for large, global financial institutions. – CUBE defines the new world of regulatory AI in its third-generation release of RegPlatform, which combines financial regulation with artificial intelligence to deliver end-to-end regulatory compliance for customers – Built over 10 years, […]

FlexTrade Integrates Tradefeedr to Improve the Speed and Quality of FX Trading Decisions thumbnail

FlexTrade Integrates Tradefeedr to Improve the Speed and Quality of FX Trading Decisions

TradeFeedr’s FX data and analytics now available within FlexTRADER EMS LONDON–(BUSINESS WIRE)–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announced that Tradefeedr’s unified data analytics API is fully integrated and available within FlexTRADER EMS. Tradefeedr enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common […]

Global Payments Leader, Credorax, Rebrands As ‘Finaro’ thumbnail

Global Payments Leader, Credorax, Rebrands As ‘Finaro’

Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world TEL AVIV, Israel–(BUSINESS WIRE)–Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro. Focusing on its core pillars of creating multi-dimensional solutions to simplify payments and going the extra mile for […]

Bankjoy Launches Powerful Business Banking Platform thumbnail

Bankjoy Launches Powerful Business Banking Platform

DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy, announced today the official launch of its business banking platform, empowering its clients with superior tools to help attract and drive loyalty among small businesses within their communities. Recently surpassing more than one million members with access to its platform, Bankjoy’s digital banking solutions have experienced tremendous success. However, there […]

Clair Completes SOC 2 Type II Certification, Furthering Its Commitment to Security and Compliance thumbnail

Clair Completes SOC 2 Type II Certification, Furthering Its Commitment to Security and Compliance

NEW YORK–(BUSINESS WIRE)–#earnedwageaccess–Clair, a New York-based financial technology company, announced today that Sensiba San Filippo LLP has certified Clair as Service Organization Control (SOC) 2 Type II compliant. This certification confirms that Clair achieved the AICPA’s Trust Services Criteria for Security, Availability, Confidentiality, Processing Integrity, and Privacy. Developed by the American Institute of Certified Public […]

David Rabkin Appointed to Nymbus Board of Directors thumbnail

David Rabkin Appointed to Nymbus Board of Directors

JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced the appointment of trusted fintech advisor and financial services leader David Rabkin to its Board of Directors, representing Financial Services Capital. David has a long history of driving growth for financial, consumer goods, and B2B institutions, with a focus on business transformation. He […]

Sila Enables bunny.money To Eliminate Online Fundraising Fees For Nonprofits thumbnail

Sila Enables bunny.money To Eliminate Online Fundraising Fees For Nonprofits

PORTLAND, Ore.–(BUSINESS WIRE)–#PoweredbySila–Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced how one of its clients, BUNNYMONEY, Inc. (“bunny.money”), a Certified B Corporation™, is allowing nonprofits to fundraise with no fees through its platform. Not many people realize that when they donate to good causes online, the nonprofit organization […]

Buckle’s CEO and Co-founder to Speak on Insurtech Panel at KBW Virtual Innovation in Finance Conference thumbnail

Buckle’s CEO and Co-founder to Speak on Insurtech Panel at KBW Virtual Innovation in Finance Conference

Buckle’s Marty Young joins virtual insurtech panel at KBW Virtual Innovation in Finance Conference on Tuesday, December 7, 2021 JERSEY CITY, N.J.–(BUSINESS WIRE)–#CEO—Marty Young, co-founder and CEO of Buckle, an inclusive tech-enabled financial services company, is speaking on the panel, “Insurtech – The Driver is Named Data,” at the KBW Virtual Innovation in Finance Conference, […]

DriveWealth Partners with Hisa Technologies to Expand Access to Investing and Financial Literacy in Kenya thumbnail

DriveWealth Partners with Hisa Technologies to Expand Access to Investing and Financial Literacy in Kenya

Partnership empowers the Kenyan population to invest in fractional shares of U.S. equities for the first time JERSEY CITY, N.J.–(BUSINESS WIRE)–DriveWealth, LLC, a pioneer in fractional investing and embedded finance, today announced a partnership with Hisa Technologies, Africa’s first wealth management platform that makes investing social. Leveraging DriveWealth’s real-time fractional trading technology, Hisa users can […]

Ault Global Holdings’ Subsidiary BitNile Issues Bimonthly Bitcoin Production and Mining Operation Report thumbnail

Ault Global Holdings’ Subsidiary BitNile Issues Bimonthly Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), today published an unaudited update on Bitcoin production and miner installation by its subsidiary, BitNile, Inc. (“BitNile”). BitNile’s Bitcoin mining production is currently operating at an estimated annualized run rate of 287.6 Bitcoin or approximately $16.6 million based on […]

PR Consultancy Drofa Comms Opens New Office in London thumbnail

PR Consultancy Drofa Comms Opens New Office in London

The fintech Communications and PR firm opens its fourth office at the world’s financial hub LONDON–(BUSINESS WIRE)–International Communications and PR Consultancy Drofa Comms launched an office in London, as a part of the company’s global expansion strategy. Founded by Valentina Drofa and Maria Poliakova, the business focuses on the fintech and finance industry. It started […]

OppFi Reaches Facilitated Issuance of 2 Million Installment Loans thumbnail

OppFi Reaches Facilitated Issuance of 2 Million Installment Loans

Company’s growth supported by the use of alternative data in underwriting helps expand credit access to large, underserved consumer market CHICAGO–(BUSINESS WIRE)–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has facilitated the issuance of more than two million […]

Fintech Startup “nxtCRE” Launches Revolutionary Sales Platform for CRE

Fintech Startup “nxtCRE” Launches Revolutionary Sales Platform for CRE

nxtCRE team unlocks $400B CRE market with unique early connection of most valuable investors and custom-matched offerings MIAMI–(BUSINESS WIRE)–nxtCRE founder Adam Sharif and his team of CRE experts, financial insiders, and tech-marketing wizards have broken the code to what they call “Must Buy Investors”—also known as 1031 exchange investors— for early identification and efficient matching […]

AWS Announces New Serverless Options for Three Analytics Services thumbnail

AWS Announces New Serverless Options for Three Analytics Services

New serverless options for Amazon Redshift, Amazon MSK, and Amazon EMR help customers analyze data at scale without having to configure, scale, or manage the underlying infrastructure Roche, Riot Games, and Intuit among customers using new serverless analytics options LAS VEGAS–(BUSINESS WIRE)–Today, at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: […]

South Africa-based Blue Label Telecoms Selects RecVue Billing Management Solution to Manage Complexity in Evolving Partner Channel thumbnail

South Africa-based Blue Label Telecoms Selects RecVue Billing Management Solution to Manage Complexity in Evolving Partner Channel

Leading Technology, telco and Fintech Investment Business Seeks to Modernize Its Large-scale Billing Processes, Improve Efficiencies and Reduce Costs PALO ALTO, Calif.–(BUSINESS WIRE)–RecVue, provider of Order Lifecycle Management (OLM) solutions designed to modernize the complex order-to-cash (O2C) processes for enterprises, today announce its billing management solution has been selected by Blue Label Telecoms to automate […]

DefenseStorm Named 2021 PRSA Georgia Best of Phoenix Award Winner thumbnail

DefenseStorm Named 2021 PRSA Georgia Best of Phoenix Award Winner

Cybersecurity provider takes home three awards at annual chapter celebration ALPHARETTA, Ga.–(BUSINESS WIRE)–DefenseStorm, the leading cloud-based cybersecurity, cybercompliance, and cyberfraud management provider to regional and community banks and credit unions, today announced that it took home the night’s top honor at this year’s PRSA Georgia Phoenix Awards, earning the Best of Phoenix Award for its […]

Tassat Announces Executive Leadership Changes to Accelerate Growth of Digital Payments Platform thumbnail

Tassat Announces Executive Leadership Changes to Accelerate Growth of Digital Payments Platform

Executive Appointments Focus on Meeting Increasing Interest in the TassatPay™ Platform and Its Ability to Enable Banks to Issue Cash-Backed Stablecoins NEW YORK–(BUSINESS WIRE)–#AlBerg—Tassat Group Inc., the leading blockchain technology provider of digital payment systems for banks’ B2B clients, today announced three major appointments to its executive leadership team. The leadership selections come in response […]

Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund thumbnail

Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund

Fund awards microgrants to innovative BIPOC, women, and LGBTQ founded companies BOSTON–(BUSINESS WIRE)–$NCPL #NetcapitalPortfolio—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that portfolio company MustWatch has received a grant from the GK Fund, a nonprofit organization working to close the racial wealth gap by facilitating access to capital, technology and mentorship for […]

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