Business Wire


New Report Underscores Expanding Growth Opportunities in P&C Commercial and Specialty Insurance Fueled by Innovation

Bridge the gap to the future with digital platforms and next-gen technologies MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new point of view paper Embracing Innovation and Growth Opportunities in P&C Insurance. Developed in collaboration with Capgemini, this paper is based […]

CyberLink’s FaceMe® Certified by iBeta – Anti-Spoofing Technology Detects & Rejects 100% of Facial Presentation Attacks

Perfect score at ISO-conforming iBeta’s liveness detection test cements FaceMe technology’s leadership TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink—CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition technologies, announced today that the anti-spoofing capabilities of its FaceMe® facial recognition solution achieved a True Rejection Rate of 100%, obtaining a perfect score in iBeta’s industrial standard PAD (Presentation Attack […]

PSCU Collaborates with CPI Card Group to Reduce Plastic Waste

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–In conjunction with National Recycling Day, recognized on Nov. 15, PSCU – the nation’s premier payments credit union service organization (CUSO) – has announced it is collaborating with CPI Card Group Inc. (Nasdaq: PMTS) to offer cards that reduce first-use plastic by incorporating recycled plastic into the card body. According to a […]

Q2 Receives Top Workplace Award by Austin American-Statesman

Award marks Q2’s 11th consecutive year on Greater Austin Top Workplaces list AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it was recognized as one of Austin American-Statesman’s Greater Austin Top Workplaces, marking its eleventh consecutive year on the list. The award is based […]

CAIS Appoints George Davies as Head of Data

Davies’ extensive experience at the intersection of financial services and technology will harness the power of CAIS data to drive business growth and solutions NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, announced today that George Davies, Ph.D., has joined CAIS as its new Head of Data. Based in the Company’s New York office, Davies […]

Abdul Latif Jameel Health and Butterfly Network enter strategic distribution partnership to bring Butterfly iQ+ ultrasound device to a potential 2 billion1 people across the Middle East, North Africa, Turkey & India

The Butterfly iQ+ is the world’s only single-probe, whole-body, handheld imaging device with the potential to bring medical imaging to remote communities often for the first time and assist physicians in difficult medical situations. The innovative device has been described as ‘the stethoscope of the future – a true window into the body’ – Butterfly […]

Ninety-Five Percent of Global Insurers Believe Climate Risk is Investment Risk

BlackRock study shows insurers representing US$27trn in assets are prioritising sustainable investing, diversification to higher-yielding assets and technological transformation, as concerns about climate change intensify NEW YORK–(BUSINESS WIRE)–Insurers are increasingly concerned about the implications of climate risk, with 95% of executives confirming it will have a significant impact on portfolio construction over the next two […]

Automobile Acceptance Corporation Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform

AAC taps Scienaptic to make smarter credit decisions to empower automobile dealers in selling more vehicles to clients with limited or no credit history NEW YORK–(BUSINESS WIRE)–Scienaptic, a leading AI-powered credit decision platform provider, announced today Automobile Acceptance Corporation (AAC) has deployed its solution, positioning AAC to streamline its lending processes while helping dealers approve […]

doola Is Growing Profitably and Has Raised $3M to Empower Anyone in the World to Turn Their Dream Idea Into Their Dream US Business

doola raises $3M led by Nexus Venture Partners Helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax consultations Funds will be used for scaling the team and investing in product and engineering to automate a process still inundated with manual paperwork There are 50M+ independent creators globally, […]

MNT-Halan’s Neuron Drives Massive Scalability for Egypt’s Leading Fintech

Neuron is first and only proprietary core banking system software in the Middle East and Africa Software engine connects all digital assets to provide scalability, availability, security, risk protection, and intelligence CAIRO–(BUSINESS WIRE)–#digitaldisruption–MNT-Halan, Egypt’s leading fintech ecosystem, has announced the successful roll out of Neuron, the proprietary core banking software it developed and launched earlier […]

ACI Worldwide Launches Network Intelligence Technology to Combat Real-Time Payments Fraud

New technology enables banks and payment providers to share industry-wide fraud signals to leverage machine learning technology more effectively MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today launched its proprietary Network Intelligence Technology as an integral part of ACI Fraud Management. The new technology enables banks, processors, […]

Chunghwa Telecom and Vietnam Viettel-CHT Just Go Hand in Hand to Provide Public Cloud Services and Innovative Cloud-Based Applications Aiming for Digital Transformation of the Vietnamese Enterprises

TAIPEI, Taiwan–(BUSINESS WIRE)–Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) announces Viettel-CHT Co.,Ltd the currently largest DC and Cloud computing service provider in Vietnam, has signed a contract with Chunghwa Telecom as its public cloud service partner to facilitate the public cloud services and cloud based applications in Vietnam. Both parties […]

CORRECTING and REPLACING Certified Service-Disabled and Veteran-Owned Bancroft Capital Announces New Share Classes of BlackRock Money Market Funds

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Please replace the release dated November 11, 2021 with the following corrected version due to multiple revisions. The updated release reads: CERTIFIED SERVICE-DISABLED AND VETERAN-OWNED BANCROFT CAPITAL ANNOUNCES NEW SHARE CLASSES OF BLACKROCK MONEY MARKET FUNDS Updated Release Bancroft Capital (a certified Service-Disabled Veteran Broker Dealer) is pleased to announce the launch […]

Provenir Congratulates Customer Curacao on Tearsheet Embedded Awards 2021 Recognition

Large-format retailer and finance company named finalist in the “Best Example of Customer Implementation of Embedded Finance” category PARSIPPANY, N.J.–(BUSINESS WIRE)–#cloud—Provenir, a global leader in data analytics software and risk decisioning, today congratulated its customer Curacao for being recognized as a Tearsheet Embedded Awards 2021 finalist in the “Best Example of Customer implementation of Embedded […]

Market Structure EDGE™ Wins Best Day Trading Software at 2021 Benzinga Fintech Awards

STEAMBOAT SPRINGS, Colo.–(BUSINESS WIRE)–$AMC #EDGEmob—Market Structure EDGE™ (www.marketstructureedge.com) during its participation in the 7th annual Benzinga Global Fintech Awards Nov 9 in New York City, a day of dealmaking, networking and recognition in the financial technology space, was named the overall winner for Best Day Trading Software. Hosted by Benzinga, the firm helping investors achieve […]

Capitalize Named a TIME Best Invention of 2021

NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, today announced it has been recognized by TIME as one of the Best Inventions of 2021. “We are excited and honored to be recognized by TIME as a Best Invention for 2021,” said Gaurav Sharma, CEO of Capitalize. “We started Capitalize with the broader […]

Certified Service-Disabled and Veteran-Owned Bancroft Capital Announces Veterans Day Partnership with BlackRock

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Bancroft Capital (a certified Service-Disabled Veteran Broker Dealer) is pleased to announce the launch of new dedicated share classes of certain BlackRock money market funds exclusively for clients of Bancroft Capital and its affiliates. Starting on Veterans’ Day 2021, these share classes will be offered in BlackRock Liquidity Funds FedFund and BlackRock […]

tastyworks Continues Posting Record Retail Trading Reaching 1MM Contracts Daily and Robust Adoption of New Crypto Products

With a Mission to Offer All Products to All Investors, tastytrade Adds Lookback, Alpha Boost and Expands Broadcast Programming While tastyworks Adds More Digital Assets CHICAGO–(BUSINESS WIRE)–tastyworks, the pioneering leader in retail brokerage technology, today announced posting record trading levels exceeding 1M retail options contracts traded in a single day. “Self-directed investors are transitioning from […]

HighRadius Named to 2021 CB Insights Fintech 250 List of Top Fintech Startups for the Second Consecutive Year

HighRadius honored second time in a row for disruptive AI-powered tech in Office of the CFO with Autonomous Software for order to cash, treasury and record to report NEW YORK & HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the artificial intelligence (AI)-powered order to cash, treasury management and record to report software provider, has been named to the CB Insights […]

Equitable Expands Availability of its Flagship Annuity Offering to Meet Financial Professionals’ Needs

Brings track record of innovation in income benefits and distribution to RIA market Expands reach with FIDx-Powered Envestnet Insurance Exchange NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced the continued expansion of its variable and index-linked annuity product distribution in order to meet financial […]

Atlanta-Based LendingPoint Named Best Financial Planning Software by Benzinga in 2021 Global Fintech Awards

Financial technology platform named a Benzinga Global Fintech listmaker for the third consecutive year KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, an AI-driven CreditTech platform, today announced that it won Best Financial Planning Software from Benzinga in the seventh annual Global Fintech Awards. The award recognizes LendingPoint’s ability to adapt and innovate to serve its customers at all experience […]

With $25 Million In Funding, Atomic Launches an Investing API For Fintechs and Banks

Investing API that allows fintechs and banks globally to bring the power of investing to everyone, with no account minimums, emerges from stealth. SAN FRANCISCO–(BUSINESS WIRE)–Atomic, the investing API that allows fintechs and banks to seamlessly integrate investing into their products, announced its launch today alongside $25 million in funding. The latest round, Series A, […]

DoorDash and Payfare Launch Instant Pay Nationwide

SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–$DASH #gigworkers–Today, DoorDash (NYSE: DASH) and Payfare (TSX: PAY) announced instant access to earnings for DoorDash delivery drivers across the United States via DasherDirect. DasherDirect is a financial platform and digital banking solution for Dashers, powered by Payfare. Through DasherDirect, Dashers gain access to automatic, no-fee payouts after every dash, in […]

Aioi Nissay Dowa Insurance New Zealand Subscribes to Guidewire InsuranceSuite in Guidewire Cloud to Deliver More Value to Stakeholders

AUCKLAND, New Zealand & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireCloud–Aioi Nissay Dowa Management New Zealand (NZ) and Guidewire (NYSE: GWRE) today announced that Aioi Nissay Dowa Management NZ has subscribed to InsuranceSuite on Guidewire Cloud to power its core operations, simplify IT, respond to changing marketplace demands, and deliver more value to agents, brokers and policyholders. […]

Exdion Streamlines the Broker Commercial Insurance Quotation Process

PLANO, Texas–(BUSINESS WIRE)–Exdion Services Inc. today announced Exdion Quote Compare, an innovative broker insurance carrier quotation analysis solution that manages the insurance quotation solicitation and comparison processes for insurance brokers and agents. Exdion Quote Compare compiles quotations from multiple insurance carriers in an easy-to-understand format for all lines of insurance risks. It helps identify the […]

Digital Federal Credit Union Builds Modern, Serverless Cloud Infrastructure with SnapLogic

SnapLogic’s low-code platform enables organization to shift from on-premises to serverless infrastructure, improve data visibility, and deliver a better member experience SAN MATEO, Calif.–(BUSINESS WIRE)–#automation—SnapLogic, provider of the #1 Intelligent Integration Platform, today announced that Digital Federal Credit Union, or DCU, one of the top 20 credit unions by assets in the United States and […]

Hantz Financial Services, Inc. Deploys Riskalyze Elite to All Advisors as the First Firm to Pioneer the New Discovery™ Feature on the Platform

AUBURN, Calif.–(BUSINESS WIRE)–#AaronKlein—Riskalyze and Hantz Financial Services, Inc. today announced an enterprise agreement to become the first to deliver its more than 165 financial consultants’ access to Discovery in Riskalyze Elite. Hantz Financial Services, Inc. chose Riskalyze for its state-of-the-art portfolio analytics, investment research capabilities, and the opportunity to consolidate technology solutions with Riskalyze’s launch […]

PeerStreet Kicks off Its E.N.U.F. Program With the First Cohort of Real Estate Entrepreneurs

LOS ANGELES–(BUSINESS WIRE)–#fintech—PeerStreet, a platform for investing in real estate-backed loans, is introducing the first cohort of entrepreneurs for its Evolving Neighborhood Uplift Fund (E.N.U.F.) program. E.N.U.F. is PeerStreet’s charitable initiative designed to invest in real estate entrepreneurs from underserved backgrounds who are committed to improving their communities and closing the wealth gap using the […]

Paysend Offers Seamless Money Transfers for Expats & Foreign Workers Holding Canadian Visas

CALGARY, Alberta–(BUSINESS WIRE)–Paysend, the next-generation payment platform enabling customers all around the world to send money online anywhere, anyhow and in any currency, announced today that it is creating a more streamlined and inclusive money transfer experience for expats and foreign workers residing in Canada who hold Canadian Visas. Currently, Canadian Visas do not include […]

New BlackRock Minimum Volatility Factor and Fixed Income ESG ETFs Provide More Choices to Putting Sustainability at The Core of Investment Portfolios

iShares ESG MSCI USA Min Vol Factor ETF (ESMV) and iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD) help investors integrate climate considerations and manage broader ESG risks overall NEW YORK–(BUSINESS WIRE)–Delivering on our commitment to expand our sustainable product offering, iShares today launched the iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD) […]

tZERO Named Most Innovative in Capital Markets by Benzinga in 2021 Global Fintech Awards

Firm Recognized for Its Innovative Platform, Comprehensive Technology Stack, Regulatory-First Approach, & Strategy NEW YORK–(BUSINESS WIRE)–tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that it has won the 2021 Benzinga Global Fintech Award in the ‘Most Innovative in Capital Markets’ category. The award recognizes outstanding performance in capital markets and […]

ICE Expands ESG Data Offering to 2 Million Fixed Income Securities

Coverage spans multiple geographies, including North America, Europe and Asia ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that its Environmental, Social and Governance (ESG) Reference Data coverage now includes 2 million fixed income instruments. ICE’s ESG Reference data covers equity and […]

Ault Global Holdings’ Subsidiary BitNile Enters into Partnership with Bitmain

BitNile Becomes One of Only Five Bitcoin Miners Worldwide Honored by Bitmain to Acquire the New Environmentally Friendly S19XP Antminers Featuring 140 TH/s Processing Power LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced today that its subsidiary, BitNile, Inc. (“BitNile”), has entered into a partnership with […]

Cacheflow Raises $6M Seed to Simplify SaaS Buying with Buy Now Pay Later

Former Salesforce and Ariba Executives rethink how software is bought and sold today LOS ALTOS, Calif.–(BUSINESS WIRE)–Today, Cacheflow announced an investment of $6 million led by Glenn Solomon of GGV Capital. Every business is buying more SaaS apps. Cacheflow helps SaaS companies offer an easy digital-first checkout experience with flexible payments to their customers. With […]

OneBlinc Introduces AI-Powered Salary Advance with BlincAdvance App

New Feature Gives Free Access to Emergency Funds with No Fees or Interest MIAMI–(BUSINESS WIRE)–OneBlinc, a financial empowerment fintech, announced the launch of its AI-powered salary advance tool, BlincAdvance — now available to all United States federal employees via web, iOS and Android. BlincAdvance, which has been in testing among OneBlinc existing users for the […]

Mogo and Sun Life to Bring Innovative Digital Savings Tool to Members of Sun Life’s Group Retirement Services

The automated savings tool will encourage Sun Life GRS members to easily find savings each month, helping them reach their financial goals VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announced today a new pilot with Sun Life to bring Mogo’s saving and investing app, […]

POSaBIT Becomes Approved Integrator for CCRS, Washington’s New Traceability System

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has officially been accepted as an approved integrator for CCRS, Washington State’s new state traceability system, which is scheduled to go live in early December. “The POSaBIT team has been hard at […]

Citi’s Action for Racial Equity Initiative Invests $1 Billion to Address the Racial Wealth Gap in the U.S.

Year One Results Outpace Plan to Deliver on the Three-Year Commitment NEW YORK–(BUSINESS WIRE)–Citi and the Citi Foundation announced today the Action for Racial Equity initiative has already invested $1 billion in strategic initiatives to help close the racial wealth gap and increase economic mobility in the United States in year one of a three-year […]

Vint Raises $1.7 Million in Pre-Seed Funding Led by Fintech Ventures

Innovative Fintech Platform Aims to Disrupt and Democratize the Traditionally Inaccessible Wine Investment Market RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC qualified, fully transparent, efficient platform for wine and spirits collection investing, today announced the completion of a $1.7 million pre-seed fundraising round led by Fintech Ventures with participation from Slow Ventures, Allied Venture Partners, irrvntVC, […]

SkyPoint FCU Launches New Digitally Inclusive Website to Fully Support Members

Providing more digital power and financial flexibility to all individuals and communities. GERMANTOWN, Md.–(BUSINESS WIRE)–#2021holiday—SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, announces the launch of their new website that fully supports their mission to make banking simple and provide the best possible financial services to meet the growing needs of its members. […]