Business Wire


Airbase Ups Cash Back and Makes Comprehensive Spend Management Solution Available for Free

2.25% on every dollar spent is the most competitive cash back in the market SAN FRANCISCO–(BUSINESS WIRE)–#Fintech–Airbase, the only spend management platform that scales with companies from idea to IPO and beyond, has today announced its Airbase Essentials package, which gives free access to its software, plus a groundbreaking cashback rate on all card spend. […]

Salary Finance Partners With Corestream To Make Financial Wellbeing Products Available to Corestream Clients

Corestream platform is source for voluntary benefits for employees, now including Salary Finance BOSTON–(BUSINESS WIRE)–#HR–Salary Finance, the leading global provider of socially responsible financial products in the workplace, today announced a partnership with Corestream, the leading platform for connecting employees with personalized lifestyle benefits. Salary Finance’s full suite of products will now be available on […]

Renaissance Announces Significant Growth Investment from Blackstone

Existing Investor Francisco Partners Remains Major Shareholder; Investment Supports Global Education Technology Leader’s Mission of Accelerating Student Growth and Learning NEW YORK, SAN FRANCISCO, WISCONSIN RAPIDS, Wis.–(BUSINESS WIRE)–Renaissance® (“Renaissance” or the “Company”), a global leader in pre-K–12 educational technology, today announced its entry into a definitive agreement for private equity funds managed by Blackstone (NYSE:BX; […]

Majesco Partners with Larsen & Toubro Infotech to Transform Business Operations for Insurers

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions, for insurance business transformation, today announced a partnership with Larsen & Toubro Infotech (LTI) to help our clients accelerate their digital transformation journey, unlock new opportunities, and deliver personalized customer experiences. LTI is a global technology consulting and digital solutions company, helping insurers solve […]

Vericred Powers One-stop Shop for Employee Benefits Quoting with Expanded Group Rating API

Adding two new lines of coverage, Vericred offers the only API enabling group medical, vision, dental, life, and disability insurance quoting NEW YORK–(BUSINESS WIRE)–Vericred, the API platform powering digital quote-to-card experiences in health insurance and benefits, today announced it has added group life and disability insurance lines of coverage to its industry-leading, multi-carrier Group Rating […]

Vericred Powers One-stop Shop for Employee Benefits Quoting with Expanded Group Rating API

Adding two new lines of coverage, Vericred offers the only API enabling group medical, vision, dental, life, and disability insurance quoting NEW YORK–(BUSINESS WIRE)–Vericred, the API platform powering digital quote-to-card experiences in health insurance and benefits, today announced it has added group life and disability insurance lines of coverage to its industry-leading, multi-carrier Group Rating […]

Netcapital Inc. Acquires Assets and Business of ValuCorp, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced today that it has acquired the assets and business of ValuCorp, Inc., a business valuation firm with expertise in a wide array of strategic advisory services, including M&A advisory, capital raising, and restructuring. The terms of this transaction were not disclosed. ValuCorp, founded […]

Netcapital Inc. Acquires Assets and Business of ValuCorp, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced today that it has acquired the assets and business of ValuCorp, Inc., a business valuation firm with expertise in a wide array of strategic advisory services, including M&A advisory, capital raising, and restructuring. The terms of this transaction were not disclosed. ValuCorp, founded […]

MOCA Adds The Wave Work to Its Growing List of Clients

– MOCA’s payment platform enables The Wave Work to empower its clients to pay their contractors anywhere in the world using a contactless card with unlimited cash-back rewards – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider is pleased to announce that it has added The Wave Work, an HR Tech and Fintech […]

MOCA Adds The Wave Work to Its Growing List of Clients

– MOCA’s payment platform enables The Wave Work to empower its clients to pay their contractors anywhere in the world using a contactless card with unlimited cash-back rewards – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider is pleased to announce that it has added The Wave Work, an HR Tech and Fintech […]

Modern Treasury and Metropolitan Commercial Bank Partner to Provide Automated Payment Operations to Entrepreneurial Companies

Customers will benefit from a more integrated and seamless experience when initiating, receiving, reconciling, and approving payments SAN FRANCISCO–(BUSINESS WIRE)–Modern Treasury, a payments operations software provider, and Metropolitan Commercial Bank, (MCB), a leading bank focused on the most entrepreneurial platforms and marketplaces, today announced a new integration for automated payment operations that simplifies the management […]

Modern Treasury and Metropolitan Commercial Bank Partner to Provide Automated Payment Operations to Entrepreneurial Companies

Customers will benefit from a more integrated and seamless experience when initiating, receiving, reconciling, and approving payments SAN FRANCISCO–(BUSINESS WIRE)–Modern Treasury, a payments operations software provider, and Metropolitan Commercial Bank, (MCB), a leading bank focused on the most entrepreneurial platforms and marketplaces, today announced a new integration for automated payment operations that simplifies the management […]

POSaBIT Announces ‘Cash Advance’, Loan Program for Cannabis Industry

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, has announced “Cash Advance”, a new loan factoring program for the cannabis industry. The Cash Advance platform will allow POSaBIT’s payments merchants to secure a loan from the company quickly and without hassle, and subsequently repay the […]

Jefferson Security Bank Selects Teslar’s Full Suite of Automated Workflow and Portfolio Management Tools

Oldest corporation in West Virginia partners with fintech to improve productivity, strengthen customer relationships SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, today announced that Jefferson Security Bank has selected its full suite of automated workflow and portfolio management tools to centralize […]

CellTrust Nominated by Microsoft to Become a Member of the Microsoft Intelligent Security Association (MISA)

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#FOIA—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today that it has joined the Microsoft Intelligent Security Association (MISA), an ecosystem of Independent Software Vendors and Managed Security Services Providers that have integrated their security products with Microsoft’s to better defend against increasing cyber-threats. […]

Milliman and Akur8 Form Strategic Alliance to Bring Next Generation Pricing Capabilities to P&C Insurers, MGAs, and Start-Ups

PARIS & SEATTLE–(BUSINESS WIRE)–Akur8, the next generation insurance pricing solution, and Milliman, a premier global consulting and actuarial firm, are pleased to announce a strategic alliance to empower property & casualty (non-life) insurance carriers, start-ups, and MGAs with next generation pricing capabilities. Together, this collaboration leapfrogs conventional ratemaking solutions to offer increased speed, accuracy, and […]

Alter Domus and Canoe Intelligence Partner to Deliver Newfound Automation and Accuracy to Alternatives Data Management

LUXEMBOURG & NEW YORK–(BUSINESS WIRE)–Alter Domus, a leading provider of integrated solutions for the alternative investment industry with $1.3 trillion in global AUA, and Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced a strategic partnership to provide clients with alternative data management solutions that combine […]

CapIntel Establishes Strategic Relationship with Canada Life to Enhance Client Experience and Outcomes

CapIntel’s digital application will now support approximately 3,000 advisors at Canada Life TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that connects wealth advisors and their clients using an intuitive sales platform, today announced a strategic relationship with The Canada Life Assurance Company (Canada Life). The new strategic relationship will enable Canada Life’s approximately 3,000 advisors […]

Digital B2C & B2B eCommerce Sales Reach New Levels of Growth Post-pandemic, Forecast to Reach $6 Trillion in 2022

BNPL, Cross-border eCommerce, Subscription Services & Wallets Will Drive Ecommerce Transactions to Reach $8 Trillion by 2026: Kaleido Intelligence LONDON–(BUSINESS WIRE)–#B2B–New data from fintech and payments research specialists Kaleido Intelligence has found that B2B and B2C eCommerce spend on physical goods and digital services will reach $6 trillion in 2022, up from $4.8 trillion in […]

Spectrio Launches New Partner Program

New Spectrio Partners program enables resellers to drive greater revenue and maximize client value by offering a comprehensive digital signage and engagement solution. TAMPA, Fla.–(BUSINESS WIRE)–#businessreseller—Spectrio, one of the nation’s leading providers of comprehensive digital signage solutions, announced today the launch of its new reseller program, Spectrio Partners. The Spectrio Partners program allows the Company’s […]

Nova Credit Income Verification Helps Yardi Enhance Resident Screening

Yardi becomes the first company to leverage both of Nova Credit’s financial inclusion-focused products: Credit Passport® and Income Verification SAN FRANCISCO–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has announced the availability of its income verification solution for Yardi® to offer its […]

U.S. Bank Brings the Power of Request for Payment (RfP) to Billers

Businesses can now offer this simple, secure, real-time payment option to their customers MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank has expanded its Request for Payment (RfP) services to help billers provide a better bill payment experience to customers. With RfP capabilities added to U.S. Bank eBill Service – a leading digital solution for accounts receivables teams – U.S. […]

Personetics Presents Personalized Insights and Autonomous Finance to SEC Asset Management Advisory Committee (AMAC)

Global fintech Personetics’ President of Americas Jody Bhagat says “basic personalized insights will be table stakes for financial institutions by end of 2023” NEW YORK–(BUSINESS WIRE)–Personalized insights and advice will transform wealth management and provide enormous value to customers, if the industry embraces a more personalized approach. Personalized advice is a key step on the […]

ICE Plans to Launch Four MSCI Climate Paris Aligned Index Futures Contracts

NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the planned launch of four new index futures contracts based on the MSCI Climate Paris Aligned Indices. Subject to regulatory approval, the contracts are expected to launch in January 2022 on ICE Futures U.S. The new U.S. dollar-denominated […]

ICE Benchmark Administration Launches U.S. Dollar SOFR ICE Swap Rate® for Use as a Benchmark

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 its U.S. dollar SOFR ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees. The launch of the U.S. dollar SOFR ICE Swap Rate […]

H2O.ai Closes $100 Million in Funding Led by Customer Commonwealth Bank of Australia

Company is now valued at $1.7 billion with rapid adoption of H2O AI Cloud MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#ML–H2O.ai, the AI Cloud leader, today announced it has closed $100 million in Series E funding led by Australia’s largest bank, customer Commonwealth Bank of Australia (CBA). H2O.ai has now raised over $250 million and is valued at […]

Mogo Launches Canada’s First Climate-Positive Bitcoin Rewards Program for Businesses

Begins initial promotion with iconic music venue El Mocambo ‘Green’ bitcoin offsets CO2 created from bitcoin mining, providing a sustainable way to invest in this fast-growing asset VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a first of its kind business rewards program, […]

Meridian Trust Federal Credit Union Deploys Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Meridian Trust Federal Credit Union has selected its AI-powered platform, enabling the credit union to augment its underwriting capabilities to make faster credit decisions, increase loan approvals and support the financial goals of its members. Founded in 1954, Meridian Trust is a […]

NICE Actimize Cloud-Based SURVEIL-X Wins RegTech Asia Insight Awards 2021 for Best e-Comms Surveillance Solution

The award highlighted NICE Actimize SURVEIL-X Communications Surveillance solution’s leading technologies in a very competitive field HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, (Nasdaq: NICE) was named a category winner in A-Team Group’s 2021 RegTech Asia Insight Awards for “Best e-Comms Surveillance Solution.” Following its shortlisting by a panel of judges, NICE Actimize and its cloud-based SURVEIL-X Communication […]

Juniper Research: Blockchain to Facilitate $10 Billion Savings Globally in Cross-border Payments, as Operational Efficiencies Take Effect

Cost savings will see 3,300% growth by 2030 BASINGSTOKE, England–(BUSINESS WIRE)–#blockchaininbankingindustry–A new report from Juniper Research has found deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks; rising from $301 million in 2021 to $10 billion in 2030. Blockchain implementation in cross-border settlement will enable stakeholders to leverage improved payment […]

ixFintech Group Limited Wins TADS Awards 2021, Eco-System Excellence (KYC/Compliance)

HONG KONG–(BUSINESS WIRE)–ixFintech Group Limited (ixFintech) is honored to announce that the company has won the TADS Awards 2021 under the Eco-System Excellence (KYC/Compliance) category. ixFintech Group created a DEFI machine, DAEM (Digital Asset Exchange Machine) and ixWallet both installed with post quantum computing security, based on code-based post-quantum cryptography. Both are the world’s first […]

TOLERI$K and FinMason Announce Innovative Partnership

Integration seamlessly matches portfolio risk with fiduciary-caliber risk tolerance assessment of each client MARLTON, N.J.–(BUSINESS WIRE)–TOLERI$K, a provider of fiduciary-caliber risk tolerance assessment technology for investment advisors, announces an innovative partnership entailing the seamless integration of its software with FinMason’s proprietary analytics engine. The primary difference between TOLERI$K and other risk tolerance tools is that […]

ICE to Launch its First Nature-Based Solutions Carbon Credit Futures Contract

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first Nature-Based Solutions (NBS) carbon credit futures contract. Subject to regulatory approvals, the new futures contract is expected to launch in the first quarter of 2022. It will be traded and cleared […]

Marqeta to Participate in Upcoming Investor Conferences

OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform, today announced that members of the Company’s management team will be participating in the following investor conferences: Citi 2021 FinTech Conference on Tuesday, November 16th at 11:15 am ET Credit Suisse 25th Annual Technology Conference on Tuesday, November 30th at 4:30 pm ET […]

Ault Global Holdings’ Subsidiary Gresham Worldwide Books Orders Totaling Approximately $15.2 Million During the Last Two Quarters

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn–Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), today announced that its global defense business, Gresham Worldwide, Inc. (“Gresham”), booked orders for over $15.3 million in the two quarters ended September 30, 2021. Bookings at Gresham’s operating companies picked up in mid-2021 as customers made decisions to […]

Experian CaaS Now Available in AWS Marketplace

Service allows UK organisations to automate analysis of customer transaction data instantaneously LONDON–(BUSINESS WIRE)–For the first time, Experian’s Categorisation as a Service (CaaS) will be available in AWS Marketplace, allowing UK organisations to gain a better understanding of their customers’ financial transaction data in real-time. CaaS identifies patterns and signals in a customer’s financial behaviour. […]

CORRECTING and REPLACING Zip Partners with WebBank to Launch ‘Zip Card’ To Extend Buy Now, Pay Later Everywhere Payment Offering

Zip’s New Physical BNPL Card Comes as Holiday Shoppers Return to Retail Locations NEW YORK–(BUSINESS WIRE)–Please note that a footnote in the release has been removed. The updated release reads: ZIP PARTNERS WITH WEBBANK TO LAUNCH ‘ZIP CARD’ TO EXTEND BUY NOW, PAY LATER EVERYWHERE PAYMENT OFFERING Zip’s New Physical BNPL Card Comes as Holiday […]

Obligo Raises $35M in Series B to Power the Home Renting Experience of the Future

The rapidly growing fintech company combines open banking technology with AI to make renting as easy as checking in and out of a hotel NEW YORK–(BUSINESS WIRE)–Obligo, the fintech company that builds trust between renters and landlords, today announced a Series B funding of $35 million led by investor 83North. Additional investors participating in the […]

SmartMetric, a Leading FinTech Developer, Has Created the Next Generation Credit Card With In-Built Biometric Card Based Validation

NEW YORK–(BUSINESS WIRE)–#biometric–SmartMetric, Inc. (OTCQB: SMME): After years of research and development, SmartMetric has created what is considered to be one of the most advanced and leading-edge next generation products in the Financial Technology sector. A credit card that has built inside, a fingerprint reader that when you touch a sensor on the surface of […]

MidAmerica National Bank Chooses 360 View’s CRM for Next-Level Growth and Customer-Centric Service

Illinois’ multi-branch MidAmerica National Bank joins with 360 View to bring an advanced set of customer relationship tools to complement their already community-focused banking approach. 360 View will offer MidAmerica National Bank a complete and on-time view of their customers through their base CRM and enhanced business development tools through their Marketing Automation module, all […]