Business Wire


Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments

NEW YORK & CHICAGO–(BUSINESS WIRE)–#edgefocus–Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, is pleased to announce the appointment of Neel Mehta as Chief Marketing Officer, YeeMan Bergstrom as Principal Data Scientist, and Martin Bligh as Principal Engineer. These appointments build on the success of 2021 and signal the […]

Goldfinch Partners and Baupost Announce Initial Closing of Acquisition of Western Union Business Solutions

Now known as Convera, the business had a record year of $170 billion in global payments volume & is poised for further growth under new ownership LONDON & SEATTLE–(BUSINESS WIRE)–Goldfinch Partners LLC and The Baupost Group, LLC announced they reached a major milestone today with its initial closing in the acquisition of Western Union Business […]

Independence American Insurance Company Deploys the FINEOS Platform to Further Digital Transformation, Speed to Market, and Foster Business Growth

PetPartners Group Pet Insurance moves to the FINEOS Enrollment Portal to support accelerated exponential growth in pet insurance employee benefit market ATLANTA–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) today announced that premier pet insurance underwriter, Independence American Insurance Company (IAIC), will leverage the cloud native FINEOS Enrollment Portal for business critical functions supporting its industry-first PetPartners Group Pet […]

Healthee Launches Rebrand to Support Strategic Vision and Accelerated Growth

Healthee’s new name and logo reflect their bold, transparent, and innovative approach to removing healthcare barriers and making humans healthier NEW YORK–(BUSINESS WIRE)–Healthee, an AI-powered platform that makes healthcare easy to navigate, unveiled their new name and logo, which reflect their mission to make humans healthier and their vision to create a world where people […]

Alviere Launches Automotive Embedded Finance Platform

AutoPayPlus, An Automated Loan Payment Service Provider, Will Be Alviere’s First Automotive Industry Client NEW YORK–(BUSINESS WIRE)–Alviere, the leading global embedded finance technology platform enabling any brand to offer a complete array of financial products and services to customers, fans, and employees, today announced that AutoPayPlus, an industry-leading automated loan payment service, is the first […]

Skyflow Announces World’s First Level 1 PCI-Compliant Data Vault

Skyflow Delivers Zero Trust Data Privacy Vaults via a Modern API, Ensuring Privacy, Security, and Compliance PALO ALTO, Calif.–(BUSINESS WIRE)–Skyflow today announced the general availability of its PCI Level 1 Data Privacy Vault, making its API-based solution the only one of its kind ready for high-volume credit card transactions. From day one, Skyflow has helped […]

MOCA Financial Partners With Vertifi to Offer Remote Deposit Capture Services

– Integrating Vertifi’s remote deposit capture into its payment platform represents a new level of convenience for MOCA’s financial institution and fintech clients and their customers – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Vertifi®, an industry-leading digital payments developer, to provide Vertifi’s […]

ICE Global Network Introduces Global Hardware Procurement and Managed Services Solution

Collaboration with Techary provides ICE Global Network customers with hardware procurement, management and additional support ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of its global procurement and managed services solution with Techary, a leading provider of global technology solutions. […]

Praxent Supports NEWITY in Delivering Affordable Loan Options and Comprehensive Business Services to Small Businesses

Praxent helps fintech revamp borrower dashboard and expand self-service options AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, today announced that it has partnered with NEWITY, a business service marketplace provider. Praxent is helping NEWITY transform from a loan purchaser and servicer to delivering a fully integrated technology platform that offers […]

NuMark Credit Union Selects Scienaptic’s Credit Decisioning Platform

Platform deployment aims to significantly improve ‘look-to-book’ and automated decisions NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that NuMark Credit Union has chosen its AI-based underwriting platform to provide enhanced and faster credit decisions to its members. NuMark Credit Union has a long history of treating its members like […]

Counterpart Raises $30 Million to Expand its Small Business Management Liability Insurance Platform

 Introduces new API for brokers, while bolstering suite of insurance products and HR services LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and Reddit. Prior investors also participated in […]

AnalytixInsight Announces Morningstar Research and Market Data for InvestoPro; GEMINA Platform Now Utilized by Two European Banks

TORONTO–(BUSINESS WIRE)–$ALY.V #FinTech–AnalytixInsight (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), a financial content and enterprise software solutions provider, announces that as part of the recently-launched Morningstar Global Market initiative, Morningstar’s wide-ranging financial research information and market data will now be available on InvestoPro, the digital online stock trading platform launched by MarketWall and Intesa […]

Payfare Announces the Next Phase of Growth and Upcoming Investor Day

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 the next phase of its growth with the Paid Platform, an industry first payout solution for gig workforces of any size. Expected to launch in Q2 2022, the Paid […]

BitNile Holdings Issues February 2022 Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is […]

Global Blue Invests in Twig, a Disruptive New Start-up in the Fast-growing Payment Tech Ecosystem

Twig helps consumers convert their assets, including pre-owned fashion and electronics, into currency which they can spend at their chosen merchants The solution can be easily integrated into merchants’ e-commerce platforms and enables them to answer a growing demand for circular solutions from Gen Z consumers With sustainability becoming a growing concern across global industries, […]

Ozon’s Comments on Impact of U.S., EU and Other Sanctions on Its Operations

NEW YORK–(BUSINESS WIRE)–Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “we”, “us”, “our”, “Ozon” or the “Company”), a leading Russian e-commerce platform, informs that Ozon Holdings PLC is not subject to any sanctions at the moment. Ozon also notes that there are no regulatory restrictions on the ability of U.S. persons to […]

EMQ Enables Real-time Cross-border Payments to Pakistan

Strengthening the company’s presence in South Asia and its services to customers SINGAPORE & KARACHI, Pakistan–(BUSINESS WIRE)–#London–Global payments network EMQ launches real-time payments to Pakistan in a drive to bolster its payment capabilities across South Asia, with more markets underway. This extends EMQ’s network infrastructure deeper into the domestic market, providing customers worldwide with real-time […]

iCapital® Expands Strategic Partnership With Bank of Singapore

Deal deepens iCapital’s relationship with one of the fastest growing Asian private banks and accelerates fintech firm’s growth across the APAC region NEW YORK & ZURICH & SINGAPORE–(BUSINESS WIRE)–#alternatives—iCapital,1 the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced that iCapital has acquired Bank […]

Advisor360° Launches Digital Onboarding for its Flagship Wealth Management Software

New Offerings Provide Firms with Greater Choice and Flexibility WESTON, Mass.–(BUSINESS WIRE)–#Advisor360–Financial advisors can open client accounts faster than before, in as few as 90 seconds, using Digital Onboarding that is now available with Advisor360°’s software. Advisor360°’s clients will roll out Digital Onboarding as a part of its Enterprise offering – one of three new […]

Fifth Third Publishes Second Task Force on Climate-related Financial Disclosures Report

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (Nasdaq: FITB) today published its second Task Force on Climate-related Financial Disclosures Report. The 2021 TCFD Report demonstrates the Company’s progress in implementing the TCFD’s recommendations and summarizes the Bank’s advancement in climate-related disclosures since its inaugural report in late 2019. “Publishing our 2021 TCFD Report is a reflection of our […]

Bankjoy Adds 16 Credit Unions to Its Seamless End-to-End Digital Service Ecosystem

In response to rapid demand, Bankjoy quickly becoming a driving force in the credit union movement DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy announced today that it has added 16 credit unions from across the nation to its seamless end-to-end digital service ecosystem, demonstrating a strong and growing demand for modern banking technology. Built by credit union […]

Latest Future Proof Festival Speaker Lineup Release Furthers Efforts Toward Equity in Financial Services

Future Proof’s Changing Faces of Wealth initiative amplifies the voices of underrepresented creators, entrepreneurs, and financial professionals BOSTON–(BUSINESS WIRE)–#AnnieJeanBaptiste—Advisor Circle, a product and content studio for the financial services industry, continues its celebration of Future Proof Festival’s Changing Faces of Wealth initiative by unveiling its next set of dynamic speakers committed to leveling the playing […]

Bethpage Federal Credit Union to Go Live With Scienaptic’s AI-Powered Credit Decisioning Platform

Initial tests show potential for 70-90% increase in automated decision-making and double-digit increases in credit approvals for card and auto portfolios NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Bethpage Federal Credit Union is planning to implement its AI-powered credit decisioning platform. This deployment will enable the credit union to […]

Intuit TurboTax Empowers Latino Taxpayers to Do Their Taxes “A Su Manera” Through Integrated Bilingual Efforts

TurboTax continues to empower bicultural Latinos to achieve their financial goals starting with their own taxes SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global technology platform that makes TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, today announced its integrated campaign to connect with Latino taxpayers. With the objective to encourage, educate and celebrate this […]

EECU Members Gain Enhanced Banking Tools with NCR Software

ATLANTA–(BUSINESS WIRE)–When Fort Worth, Texas-based EECU sought to improve digital banking for its members, it partnered with NCR Corporation (NYSE: NCR), a global enterprise technology provider. EECU selected NCR ATM as a Service to manage and modernize its ATM fleet, complementing its existing NCR Digital Banking solutions. NCR’s as a Service solution allows the credit […]

Juniper Research: Payment Card Technology Revenue to Exceed $11.7 Billion Globally in 2026, with Metal & Biometric Cards Driving Change

BASINGSTOKE, England–(BUSINESS WIRE)–#biometriccards–A new Juniper Research study found that global payment card shipment revenue for technology companies will reach $11.7 billion in 2026, from $9.7 billion in 2022. This 20% increase reflects new innovations emerging in the payment cards space while the contactless cards roll-out is reaching its latter stages. The new research, Payment Card […]

4thWave Introduces a Seamless Financing and B2B Payment Offering

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Today, 4thWave Inc., a Canada based fintech, launched an integrated working capital financing and B2B payment solution in the United Arab Emirates (UAE). The pandemic has impacted most businesses, small and large. However, the traditional lending models have not provided easy access to finance to those most in need. Combined with […]

MiVote Technology Announces Metaverse Platform from Mobile World Congress, Supporting the Achievement of United Nation Sustainable and Development Goals.

BARCELONA–(BUSINESS WIRE)–#4YFN–Global Entrepreneur Programme (Department for International Trade, United Kingdom Government) supported MiVote Technology announces metaverse platform in the Mobile World Congress (MWC) from the 4YFN- 4 Years from now platform. MiVote Technology gained attention in 2020 with its pledge to build a decentralised model of community decision-making in the Metaverse, a model which was […]

CO-OP Financial Services Rebrands as Co-op Solutions

New Identity Reflects the Co-op of Today – The Cooperative Partner for Credit Unions Driving Solutions for Their Growth and Prosperity; Co-op Built to “Make Every Experience Matter” WASHINGTON–(BUSINESS WIRE)–CO-OP Financial Services is now Co-op Solutions, the company announced today at the CUNA Governmental Affairs Conference (GAC). The company’s rebranding, including a new name, corporate […]

Ozon Informs About Developments at Ozon Bank

NEW YORK–(BUSINESS WIRE)–Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “Ozon” or the “Company”), a leading Russian e-commerce platform, announces that on February 24, 2022 its banking subsidiary, Limited Liability Company Ozon Bank (“Ozon Bank”), was included in the Specially Designated Nationals and Blocked Persons List (the “SDN List”) by the Office […]

OCTO Telematics and Ford Motor Company Partner for Accurate Data Management of Connected Cars in Europe

ROME–(BUSINESS WIRE)–#digitaljourney–OCTO Telematics today announced a new agreement with Ford Motor Company to extend its data streaming partnership into Europe. This builds on the initial agreement signed in the North American market in July last year1. By leveraging Ford’s connected vehicle data, OCTO will enhance its market proven telematics services in insurance and analytical services […]

GA Telesis Digital Innovation Group Announces FraudBlock™ API Service for Enterprises in AWS Marketplace

  FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#API–The Digital Innovation Group (“DIG”), a GA Telesis, LLC company, announces Fraudblock™, the first Fraud Protection Application Programming Interface (API) service of its kind for U.S.-based enterprises, now available in the Amazon Web Services (AWS) Marketplace™. AWS comprises over 200 products servicing over 310,000 global customers for computing, cloud storage, networking, […]

Cross River and Sunstone Credit Announce Partnership to Help Businesses Access Easy, Affordable Solar Financing

Sunstone Credit’s solar financing products customized for businesses further differentiate Cross River’s lending portfolio Cross River’s Venture Arm, Cross River Digital Ventures, also provided strategic investment to fuel Sunstone Credit’s next stage of growth FORT LEE, N.J. & BALTIMORE–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology driven infrastructure provider that offers embedded financial solutions, and […]

UNest Adds ESG Investment Options to Help Parents Build a Sustainable Future for Their Kids

– Addition provides families with a unique way to match their financial and social priorities – NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, a leading fintech company that makes it easier than ever for parents to invest in their kids’ future, today announced that it is adding ESG investments to its lineup of low-cost, diversified portfolio options to […]

William Mills Agency Releases 2022 Bankers as Buyers Report

— Free report includes wide variety of research, insights from dozens of industry sources — ATLANTA–(BUSINESS WIRE)–#fintech–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces the release of its 19th annual Bankers as Buyers Report. The report showcases technologies and capabilities that are trending for financial institutions […]

ICE Announces First Expiry in ICE Midland WTI American Gulf Coast Futures With 1.4 Million Barrels Going to Delivery in March

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 (contract code: HOU) went to its first expiry on February 23, with 1,395 contracts going to expiry, equivalent to 1.4 million barrels, for delivery in March. Since […]

The City of Denton Partners with InvoiceCloud to Launch New Online Payment System for Utility Customers

The portal will give residents enhanced options to pay utility bills online or via text DENTON, Texas & BOSTON–(BUSINESS WIRE)–The City of Denton, TX, has partnered with InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online billing and payments, to launch an enhanced digital payment portal for 140,000 Denton residents and utility customers. The new payment […]

Yieldstreet Launches Growth & Income REIT

Fund offers greater access to investors wanting exposure to the booming U.S. housing market & potential $475 billion-$500 billion multifamily market.1 NEW YORK–(BUSINESS WIRE)–Yieldstreet, a leading digital alternative investment platform dedicated to providing access to exclusive private market opportunities, today announced the launch of its Growth & Income REIT giving investors greater access to the […]

C-Suite Social Media Announces Promotion of Nathanael Rutherford

Growing Financial Services Marketing Firm Promotes Rising Star to Lead Client Management Success PHILADELPHIA–(BUSINESS WIRE)–#CSuiteSocialMedia–C-Suite Social Media, a high-performance marketing and social media agency for financial services and the wealth management industry, today announced the promotion of Nathanael Rutherford, Head of Client Management. Rutherford’s role will expand to include client acquisition and retention initiatives for […]

RIDDLE&CODE Collaborates With CEVT on Drive&Stake to Develop Solutions for the New Era of Mobility

RIDDLE&CODE, the leading European company for blockchain interface solutions, announces today its collaboration with the innovation center CEVT. Powered by RIDDLE&CODE’s blockchain tech stack, the collaboration is focused on transforming vehicles into autonomous agents and enabling more scalable solutions for the new era of mobility. VIENNA–(BUSINESS WIRE)–Drive&Stake, a decentralised, scalable end-to-end solution for the creation […]