Business Wire

Galileo's Technology Powers H&R Block's New Mobile Banking App, Spruce thumbnail

Galileo’s Technology Powers H&R Block’s New Mobile Banking App, Spruce

Full-suite app leverages Galileo’s powerful financial technology platform and flexible APIs to create seamless digital banking experiences for customers SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Spruce℠, the mobile banking platform1 built by […]

Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio thumbnail

Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio

JAGGAER Pay Enhances Source-to-Pay Offering with Automated Accounts Payable Solution RESEARCH TRIANGLE, N.C. & ORLANDO, Fla.–(BUSINESS WIRE)–JAGGAER, the global leader in Autonomous Commerce, and Finexio, the fast-growing digital Accounts Payable (AP) payments-as-a-service company, today announced a strategic partnership that expands JAGGAER’s offerings to include a service-centric solution to simplify and optimize business-to-business (B2B) payments. Branded […]

Fortanix Reports Stellar Year with Record Sales and Customer Wins thumbnail

Fortanix Reports Stellar Year with Record Sales and Customer Wins

Confidential Computing leader fuels growth with powerful new offerings and strategic partnerships, including investment from In-Q-Tel MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security™ company, today announced another record year for sales, customer wins and workforce expansion. During the fiscal year ended Jan 31, 2022, Fortanix sales grew 2.5X, the number of customers doubled, […]

Morgan Stanley Selects 8 Startups for 7th Cohort of Multicultural Innovation Lab Supporting Diverse Founders thumbnail

Morgan Stanley Selects 8 Startups for 7th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

The Winter 2022 Multicultural Innovation Lab (MCIL) Cohort includes the following companies that have innovative strategies across sectors such as fintech, education, energy, ecommerce, behavioral health and software: BrandXR, Cognitive Talent Solutions, Lab4U, Meytier, Notice Ninja, OPTT, Sesame Solar and TIDY App MCIL portfolio companies reach more than $515M combined valuation and have raised over […]

Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors thumbnail

Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors

Breach Insurance leveraged Boost’s infrastructure-as-a-service platform to develop the only crypto insurance product available to retail wallet holders NEW YORK–(BUSINESS WIRE)–Boost Insurance (“Boost”) alongside go-to-market partner, Breach Insurance (“Breach”), an insurtech that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, the first insurance product for […]

Rocket Financial Inc. Selects Scienaptic's AI-Powered Platform For RocketBNK thumbnail

Rocket Financial Inc. Selects Scienaptic’s AI-Powered Platform For RocketBNK

NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK. Rocket Financial delivers technology-led products and services that directly innovate within the payments and banking markets. The company’s latest product, RocketBNK, serves a variety of financial features such […]

Kyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management Platform thumbnail

Kyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management Platform

SAN DIEGO & MILAN–(BUSINESS WIRE)–Kyriba (“the Company”), a global leader in cloud treasury, payments and finance solutions, today announced that Barilla, a leading global food company, has selected the Company’s Enterprise Liquidity Management platform to support its treasury, risk management and supply chain finance operations. The integration will centralize Barilla’s multiple supply chain finance programs […]

Hildred Capital Management Closes Hildred Equity Partners II Fund at $363 Million thumbnail

Hildred Capital Management Closes Hildred Equity Partners II Fund at $363 Million

Oversubscribed Debut Institutional Fund Reinforces Hildred’s Commitment to Healthcare Middle Market NEW YORK–(BUSINESS WIRE)–Hildred Capital Management LLC (“Hildred”), a New York based private equity firm, today announced that it has closed its first institutional fund, Hildred Equity Partners II (the “Fund”) with total commitments of $362.5 million, exceeding its target. Hildred will continue to focus […]

MOCA Financial Enhances Its Digital-First NextGen Card-Based Payment Platform With Atomic’s Automated Direct Deposit Acquisition Solution thumbnail

MOCA Financial Enhances Its Digital-First NextGen Card-Based Payment Platform With Atomic’s Automated Direct Deposit Acquisition Solution

MOCA clients can now provide a seamless, easy method for their customers to switch their payroll direct deposits to their client-branded MOCA accounts and get paid up to 2 days early AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Atomic to provide automated direct […]

Akur8 Teams up With Pet Health Unicorn Bought By Many / ManyPets thumbnail

Akur8 Teams up With Pet Health Unicorn Bought By Many / ManyPets

PARIS & NEW YORK & LONDON–(BUSINESS WIRE)–Akur8 is pleased to announce the collaboration with pet health and insurance company Bought By Many to help boost the insurtech’s pricing capabilities. Through the partnership, Akur8 reinforces its presence in the UK, and further expands its area of expertise with a new line of business: pet health and […]

IMM Accelerating Digital Transformation into 2022 thumbnail

IMM Accelerating Digital Transformation into 2022

It’s a new year, and IMM is still the number one eSignature partner for financial institutions RAHWAY, N.J.–(BUSINESS WIRE)–#banks—IMM, the only eSignature provider specializing in eSignature and digital transaction solutions exclusively for financial institutions (FIs), announced today more than 1,600 FIs now use IMM’s products and solutions for eSignatures, which reflects a growth in the […]

Mastercard Expands Consulting with Practices Dedicated to Crypto, Open Banking and ESG thumbnail

Mastercard Expands Consulting with Practices Dedicated to Crypto, Open Banking and ESG

PURCHASE, N.Y.–(BUSINESS WIRE)–#consulting–The business world is facing an influx of innovation: changing consumer preferences, rapid digital transformation and geopolitical shifts. To help businesses evolve and supercharge their growth enterprise-wide, Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and […]

Sharegain Accelerates Global Growth by Raising a $64 Million Series B Led by WestCap thumbnail

Sharegain Accelerates Global Growth by Raising a $64 Million Series B Led by WestCap

Sharegain is democratizing the $3T securities lending industry with its SLaaS (Securities Lending as a Service) solution LONDON–(BUSINESS WIRE)–#capitalmarkets—Sharegain, a leading capital markets infrastructure fintech, today announced it has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors include Maverick […]

Miami Mayor Suarez and New York City Mayor Eric Adams to Headline “Data 3.0 for Web 3.0” Symposium Hosted by Inveniam, Apex Group, and Cushman & Wakefield thumbnail

Miami Mayor Suarez and New York City Mayor Eric Adams to Headline “Data 3.0 for Web 3.0” Symposium Hosted by Inveniam, Apex Group, and Cushman & Wakefield

The event will also feature a suite of executives from Cushman & Wakefield, Apex Group, as well as former SEC Commissioner Troy Paredes and more innovators, exploring opportunities in decentralization, data, private assets, and blockchain technology. MIAMI–(BUSINESS WIRE)–Inveniam Capital Partners, Inc. (“Inveniam”), a SaaS company enabling businesses to deliver trust, transparency, and completeness of private […]

Momentum Builds for First Bermuda Risk Summit thumbnail

Momentum Builds for First Bermuda Risk Summit

BDA Welcomes Streamlined Arrival Protocols into Bermuda Effective March 7 HAMILTON, Bermuda–(BUSINESS WIRE)–#BermudaRiskSummit–The Bermuda Business Development Agency (BDA) is excited to announce that additional international speakers and partners will participate in Bermuda’s first major in-person risk event since 2019, the Bermuda Risk Summit being held March 14-16, 2022. The BDA also welcomes recent announcements by […]

F1 Payments Changes its Name to Corvia thumbnail

F1 Payments Changes its Name to Corvia

AUSTIN, Texas–(BUSINESS WIRE)–#Corvia–F1 Payments, a fintech company focused on making the complex simple by complementing world-class technology with strong business and regulatory acumen, announced it is changing its name to Corvia effective today. Recognizing a strong and exciting growth trajectory, the name change, along with new visual identity and brand story, better reflects how the […]

 Synctera Launches First Community Bank With FinTech Partner

 Synctera Launches First Community Bank With FinTech Partner

 The FinTech banking solution achieves new milestone by matching Lineage Bank with FinTech-meets-HealthTech platform GoGetr SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a new solution for partnership banking at scale, today announced its first launch between Lineage Bank and GoGetr using Synctera’s platform. Synctera provides the platform, experiences, and programs for FinTech builders to create world-class products and facilitates […]

ICE Mortgage Technology Announces 2022 Innovation Award Winners

ICE Mortgage Technology Announces 2022 Innovation Award Winners

Award Winners to be Honored at ICE Experience Conference in March 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 the winners of its 2022 ICE Mortgage Technology Innovation Awards. The ICE Mortgage Technology Innovation Awards recognize the most creative […]

North Carolina Housing Authorities Risk Retention Pool (NCHARRP) Selects & Implements the Insurium P&C Insurance Platform thumbnail

North Carolina Housing Authorities Risk Retention Pool (NCHARRP) Selects & Implements the Insurium P&C Insurance Platform

Risk Retention Pool Selects & Successfully Implements Insurium Connections Insurance Platform DENVER–(BUSINESS WIRE)–#bowrivercapital–Insurium, a market-leading cloud-based core P&C commercial insurance software platform, announced that North Carolina Housing Authorities Risk Retention Pool (NCHARRP) has selected and successfully implemented the Insurium Connections™ policy administration suite. Insurium’s solution will enable NCHARRP to expand on their commitment to provide […]

Pacific Premier Bank Ranked as the Third Best Bank in America by Forbes thumbnail

Pacific Premier Bank Ranked as the Third Best Bank in America by Forbes

IRVINE, Calif.–(BUSINESS WIRE)–$PPBI #PPBI–Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) (“Pacific Premier”), the holding company of Pacific Premier Bank (the “Bank,” and together with Pacific Premier, the “Company”), announced today that the Company was ranked #3 on the Forbes’ list of “America’s Best Banks.” The prestigious list by Forbes’ evaluates the 100 largest publicly-traded banks and […]

Valliance Bank Chooses Bakkt to Offer Clients Access to Cryptocurrency thumbnail

Valliance Bank Chooses Bakkt to Offer Clients Access to Cryptocurrency

Valliance Bank diversifies digital banking experiences with new, modern approach by opening access for clients to buy, sell and hold cryptocurrencies ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that Valliance Bank, a leading provider […]

MDT Expands Partnership with Advanced Fraud Solutions to Help Credit Unions Comply with WEB Debit Account Validation Rule thumbnail

MDT Expands Partnership with Advanced Fraud Solutions to Help Credit Unions Comply with WEB Debit Account Validation Rule

CUSO to offer TrueACH with Account Validation and TrueCards to better prevent fraud FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that it has expanded its partnership with Advanced Fraud Solutions […]

Northern Credit Union Now Live on Scienaptic’s AI-Powered Credit Decisioning Platform thumbnail

Northern Credit Union Now Live on Scienaptic’s AI-Powered Credit Decisioning Platform

More member approvals and better member experience for auto and loan portfolios NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that deployment of its platform at Northern Credit Union is now live. This deployment will enhance and augment Northern Credit Union’s credit decisioning and underwriting capabilities for new and prospective members. […]

BitNile Holdings Achieves Bitcoin Mining Production Milestone of More Than One Bitcoin per Day thumbnail

BitNile Holdings Achieves Bitcoin Mining Production Milestone of More Than One Bitcoin per Day

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 its Bitcoin production activity. As expected, the most recent delivery of the S19j Pro Antminers have been installed at our Michigan data center thereby increasing BitNile’s average daily mining production to more […]

Taxfyle Closes Over Subscribed $20M Series B Round With Fuel Venture Capital and IDC Ventures thumbnail

Taxfyle Closes Over Subscribed $20M Series B Round With Fuel Venture Capital and IDC Ventures

New financing will further public API development, B2B sales team expansion and on-demand tax pro network recruiting and environment support MIAMI–(BUSINESS WIRE)–Taxfyle, the internet’s accounting workforce, has oversubscribed its $20M Series B financing round led by Fuel Venture Capital and IDC Ventures. As the company seeks to expand upon firm outsourcing opportunities across the U.S. […]

Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform thumbnail

Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform

LONDON & TURIN, Italy–(BUSINESS WIRE)–Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has made a £40 million investment in Thought Machine […]

EMQ Delivers Real-Time Payments Across South Asia thumbnail

EMQ Delivers Real-Time Payments Across South Asia

Enables our customers with fast, transparent and seamless international payments to bank accounts in Nepal and India SINGAPORE & MUMBAI, India–(BUSINESS WIRE)–#London–Global payments network EMQ today announced that it has significantly augmented its real-time cross-border payments across South Asia, including direct access to Nepal and India’s Immediate Payment Service (IMPS), with Unified Payments Interface (UPI) […]

SHAZAM Announces DocuCommand Document Management System thumbnail

SHAZAM Announces DocuCommand Document Management System

DES MOINES, Iowa–(BUSINESS WIRE)–SHAZAM, Inc., a provider of financial services to community banks and credit unions nationwide, is proud to offer DocuCommand™, an advanced, enterprise-wide document scanning, archiving, retrieval and management system. Whether working from multiple desktops, in the office or remote, users can access the information they need — anytime, anywhere. DocuCommand stores all […]

i2c Partners with Qatari Fintech Startup KARTY to Launch Digital Visa Wallet thumbnail

i2c Partners with Qatari Fintech Startup KARTY to Launch Digital Visa Wallet

Global issuer processor enables suite of next-gen payment and budgeting solutions REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country. Leveraging i2c’s […]

Esker and Corpay Team Up to Offer Business Payments thumbnail

Esker and Corpay Team Up to Offer Business Payments

Partnership enables Corpay payment via Esker Pay integrated into Esker’s automation solutions LYON, France, & MIDDLETON, Wis.–(BUSINESS WIRE)–Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, today announced a strategic partnership with Corpay1, a leading AP payment solutions provider, to integrate additional business payment options within […]

Performance Marketing Agency Envisionit Launches Crue, a Dedicated Team Specialized in Acquiring Customers for Fintech Organizations thumbnail

Performance Marketing Agency Envisionit Launches Crue, a Dedicated Team Specialized in Acquiring Customers for Fintech Organizations

Crue reflects Envisionit’s 11-year commitment in growing fintech businesses with media, organic and creative solutions. CHICAGO–(BUSINESS WIRE)–#altlendingmarketing–Performance marketing agency Envisionit today launched a new division called Crue — delivering strategic media, content and creative solutions for fintech businesses. The newly formed Crue builds on Envisionit’s 20+ years as a digital marketing agency, with over a […]

The City of Hagerstown Partners with InvoiceCloud to Launch New Online Payment System thumbnail

The City of Hagerstown Partners with InvoiceCloud to Launch New Online Payment System

The portal will give residents enhanced options to pay bills online or via text HAGERSTOWN, Md. & BOSTON–(BUSINESS WIRE)–The City of Hagerstown, MD, has partnered with InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online billing and payments, to launch an enhanced digital payment portal for over 40,000 Hagerstown residents. The new payment portal, powered by […]

Rêv Launches Multi-Currency Digital Wallet App for Itaú Private Bank Customers thumbnail

Rêv Launches Multi-Currency Digital Wallet App for Itaú Private Bank Customers

Global Fintech Provider Develops Payment Program With Mastercard Debit Card Acceptance and Real Time Currency Exchange for Itaú Private Bank Customers Looking to Transact in Foreign Currencies AUSTIN, Texas & SÃO PAULO–(BUSINESS WIRE)–#applepay—Today, Rêv Worldwide, Inc. (“Rêv”), a payment products innovations company, announced a partnership with Banco Itaú International with the official launch of the […]

Bitrise Expands Its Asian Footprint with Physical Presence in Japan

Bitrise Expands Its Asian Footprint with Physical Presence in Japan

With Clients Including Rakuten, DeNa and Eureka, the Mobile DevOps Company Broke Into the Japanese Market Without a Local Presence; Now It’s Expanding to Meet Growing Demand SAN FRANCISCO–(BUSINESS WIRE)–Bitrise, the Mobile DevOps company whose platform maximizes the overall business impact of apps for the world’s most sophisticated mobile organizations, today announced its physical expansion […]

Portfolio Advisors Selects Canoe Intelligence and Exchangelodge to Automate Alternatives Data Management thumbnail

Portfolio Advisors Selects Canoe Intelligence and Exchangelodge to Automate Alternatives Data Management

The combination of Canoe Intelligence for document retrieval and data extraction technology and Exchangelodge as a data validation and integration platform supports Portfolio Advisors’ vision for automating alternatives data management. NEW YORK–(BUSINESS WIRE)–Canoe Intelligence, a financial technology company redefining data management processes for alternative investors and allocators, and Exchangelodge, a data integration platform built for […]

ICE Benchmark Administration launches Beta ICE Term SOFR Reference Rates thumbnail

ICE Benchmark Administration launches Beta ICE Term SOFR Reference Rates

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched an indicative, Beta version of its ICE Term SOFR Reference Rates. The Beta ICE Term SOFR Reference Rates (“ICE Term SOFR”) are designed to measure expected (i.e. forward-looking) SOFR rates […]

‘Bridge by BNP Paribas’ to Provide Digital Capital Introduction Services for Institutional Investors

‘Bridge by BNP Paribas’ to Provide Digital Capital Introduction Services for Institutional Investors

Strengthens and widens the bank’s capital introduction offering and the range of innovative Prime Services solutions BNP Paribas offers to institutional investors globally NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–BNP Paribas, Europe’s leading financial institution, today announces the launch of ‘Bridge by BNP Paribas’ – the bank’s digital capital introduction platform, offered exclusively to […]

BitNile Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers in Exclusive Bel Air Shopping Center thumbnail

BitNile Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers in Exclusive Bel Air Shopping Center

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has partnered with The Glen Centre, in Los Angeles, Calif. to expand the property’s electric vehicle charging capabilities for its thousands of annual visitors. The electrification […]

Announcing Fyncr, the First All-in-One Credit Card Bill Payments Mobile App thumbnail

Announcing Fyncr, the First All-in-One Credit Card Bill Payments Mobile App

FinTech Startup launches first-ever mobile app providing a one stop solution for credit card bill payments, reward earning and spending marketplace NEW YORK–(BUSINESS WIRE)–#creditcards–Remove the pressure of paying multiple credit card bills on different banking platforms with Fyncr, the first all-in-one-card bill payment mobile application in the United States that aims to help people better […]

Temenos Helps Challenger Banks Go Live in Weeks With New Banking Services on the Temenos Banking Cloud thumbnail

Temenos Helps Challenger Banks Go Live in Weeks With New Banking Services on the Temenos Banking Cloud

Over 70 challenger banks select Temenos Banking Cloud as their platform of choice GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks. These services can be deployed rapidly on the Temenos Banking Cloud, accelerating challengers’ time-to-market with innovative products […]

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