Worldpay from FIS selected by SumUp to provide global acquiring services. SumUp will utilise Worldpay’s scale to support continued global expansion. LONDON–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has today announced that global fintech SumUp will use Worldpay’s merchant solutions portfolio, as the Europe-based fintech leader continues its global expansion. London-based SumUp supports over 3.5 […]
A multi-year program to develop a new cloud-based strategy and build future ready infrastructure for retail and wealth customers worldwide SINGAPORE–(BUSINESS WIRE)–Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced that it has been selected by international banking group Standard Chartered as the partner to […]
Investments Now at $22.5 Million FARGO, N.D.–(BUSINESS WIRE)–50 South Capital Advisors, LLC, the general partner of the recently-formed North Dakota Growth Fund, is pleased to announce the fund’s most recent investments: LongWater Opportunities, a leading lower middle market private equity firm with offices in Fargo as well as Dallas, Texas; and Homegrown Capital, an early […]
Walters brings decades of wealth management industry experience that will help shape the future of YieldX’s disruptive fintech and investment management platform MIAMI–(BUSINESS WIRE)–#AdamGreen—YieldX, the fintech company reimagining income investing, welcomes the Founder of eMoney Advisor and Apprise Labs, LLC, Edmond Walters, to its board of advisors. A renowned innovator in financial advisor technology who […]
COLUMBUS, Ohio & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”) has announced it will partner with Nationwide to provide the leading artificial intelligence (AI) technology in the commercial insurance industry for a new program aimed at improving workers’ compensation claims operations using AI. Nationwide will implement CLARA’s Triage and Treatment solutions, which use AI and advanced […]
New app provides a simple and inexpensive way to request, receive and track payments TORONTO–(BUSINESS WIRE)–Payment service provider Clik2pay continues to add to its feature set with the launch of the new Clik2pay mobile app. This first-of-its-kind product allows merchants to collect funds from consumers, who can pay easily and securely online directly from their […]
Legendary Drake Hotel Properties, an arts-infatuated hospitality brand, re-opens dining with efficiency, energy and a big buzz. XTM also welcomes Drake Devonshire and Motor Inn located in Prince Edward County and Drake One Fifty in Toronto’s financial district. MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami […]
Pave launches Pave Finance, the first institutional-quality, algorithmically driven financial advice app available to all investors NEW YORK–(BUSINESS WIRE)–Pave, a financial technology company, is pleased to announce the launch of its new financial advisory app, Pave Finance: the first institutional-quality, algorithmically-driven financial advice app available to all investors for a low monthly fee. Pave is […]
Unlocking Unprecedented Value by Modernizing Central Banking for the Web3 Era NEW YORK–(BUSINESS WIRE)–#centralbank—EMTECH, the modern worldwide provider of central banking digital infrastructure, today announced it has launched the first multi-country and multi-regulator solution for central banks, financial regulators and Fintech solution providers, the EMTECH Digital Regulatory Platform (DRP). The DRP is a groundbreaking solution […]
TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced an enhancement to its digital banking solution with the addition of early direct deposit. Payfare, who partners with some of the world’s largest gig platforms, already offers U.S. based users instant access to […]
Acquisition of AI leader helps to advance CCC’s vision for straight-through processing across the claims lifecycle Safekeep is a leading enterprise platform digitizing subrogation across P&C insurance lines of business CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions (CCC), a leading SaaS platform for the P&C insurance economy, announces it has acquired Safekeep, an AI leader in subrogation claims […]
The company is partnering with Ally Financial and its Card products, to expand credit access NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pagaya, a financial technology company that enables financial institutions to expand access to more customers through its artificial intelligence (AI) network, today announced its new partnership with Ally Financial’s credit card business (formerly Fair […]
Leading family fintech company unveils first-ever Big Game commercial titled “I’ll Take It” ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the family fintech company on a mission to help parents raise financially-smart kids, today announced its Big Game debut with a new ad campaign starring Emmy®-winning actor and comedian Ty Burrell. The campaign shines a light […]
Platform eliminates and streamlines bespoke trade matching parameters, resolving trade exceptions in real-time for asset managers SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management Pte. Ltd. (‘CSOP’) and leading Singapore FinTech firm, Hashstacs Pte Ltd (‘STACS’) today announced the completion of their Over-the-Counter (‘OTC’) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (‘DLT’)-based platform, Vetta. […]
Series C-1 funding will accelerate Clikalia’s growth across Europe and Mexico MADRID–(BUSINESS WIRE)–Clikalia, one of Europe’s leading real estate platforms, today announced the successful close of its Series C-1 funding round co-led by SoftBank Vision Fund 2 and Fifth Wall, with participation from existing investors Luxor Capital and Guillaume Pousaz. Proceeds from the round will […]
CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—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 provided a lending package to facilitate TransCOR Information Technologies’ business succession plan. Retiring from his post as president, TransCOR’s founder recently sold the company to long-time employee, Derek […]
SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Following its recent expansion into the British Virgin Islands (BVI), Andersen Global adds dimension to its platform in the territory with collaborating firm Chorus International Services (BVI) Limited (Chorus-Global). Founded in 2019, Chorus-Global is a financial services provider specializing in the delivery of select corporate, fiduciary, governance, regulatory and fintech services from the […]
The FINEOS Engage Smart Connectors empower and simplify the digital transformation of data, reducing manual effort and errors while dramatically increasing operational efficiencies ATLANTA–(BUSINESS WIRE)–#APL—FINEOS Corporation (ASX:FCL) today announced that American Public Life Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested again in the FINEOS Platform by licensing FINEOS Engage Smart […]
SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, the leading global financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that business-to-business payments innovator Global Rewards is using Galileo’s cloud-based technology platform and powerful APIs to usher in a new era of growth for the company. Global Rewards, which is on […]
The Department of Finance is working with government technology company CityBase to provide accessible payment kiosks at Queens and Bronx Business Centers NEW YORK–(BUSINESS WIRE)–#NYC–The New York City Department of Finance today announced the availability of self-service payment options for customers paying in person at its business centers in the Bronx and Queens. The Department […]
LAKEWOOD, N.J.–(BUSINESS WIRE)–#fintech–Global Rewards, a leading financial technology company serving businesses of all sizes, is pleased to announce a newly-formed partnership with The Bancorp, Inc. (NASDAQ:TBBK) and its subsidiary The Bancorp Bank. This collaboration allows Global Rewards to continue its mission to simplify corporate disbursement and employee spend and comes at a time when businesses […]
DALLAS–(BUSINESS WIRE)–$CUBI–Customers Bank, a digital and fintech-forward top 100 bank in the nation with nearly $20 billion in assets, announced it launched a Financial Institutions Group (FIG) serving Securities Broker Dealers, Future Commissions Merchants, Market Makers and Liquidity Providers, Insurance companies, Trust companies and broader Financial Institutions. Brandon Troster was hired as Senior Vice President, […]
Praxent optimizes user experience to introduce insurtech as a trusted digital provider, helping the company raise $3.5 million in Series B funding AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, today announced that it has supported MyHealthMath (MHM), an insurtech that helps people choose the best health plans for their unique […]
Best-in-Class Leaders in Cyber Insurance and Email Security Join Forces to Mitigate the Number One Risk Organizations Face Today – Email-based Cyber Attacks SUNNYVALE, Calif.–(BUSINESS WIRE)–#armorblox—Armorblox, the leader in securing enterprise communications over email and other cloud office applications with the power of Natural Language Understanding (NLU), and Coalition, the world’s largest commercial insurtech provider, […]
Through Q2’s Innovation Studio Partner Marketplace, Deluxe HR & Payroll Solutions can now be activated by financial institutions to provide to business customers MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE:DLX), a Trusted Payments and Business Technology™ company, today announced its integration with Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending. Through […]
Key facts Rapidly growing crypto platform engages Worldpay from FIS as a blockchain validator and will utilize the company’s payment gateway and global acquiring services to support continued global expansion. Worldpay will process card-based purchases and sales of cryptocurrencies for Crypto.com. Worldpay is an experienced Card-to-Crypto processor, which provides services for 4 of the top […]
Well-earned promotions from multiple industry and functional practice groups were announced following tremendous YoY growth for the Firm KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–JM Search, a premier retained executive search firm, announces today, the promotion of nine new Partners. This announcement follows a record year in the 42-year history of the firm, which recently posted 73% […]
New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards Michael Rouse, former Chief Commercial Officer at Klarna, to join […]
LONDON–(BUSINESS WIRE)–DNA Payments, a leading independent vertically integrated payments provider, and Verifone, a global FinTech leader and payment solution provider to the world’s best-known retail brands, are proud to announce an essential partnership championing innovation and reliability within the payments sector. DNA Payments has partnered with Verifone to take its Android Trinity range to market. […]
Identity verification leader to make customizing and deploying its global identity API even easier by adding best-in-class, intuitive workflow builder VANCOUVER, British Columbia–(BUSINESS WIRE)–#AML—Trulioo, the leader in global identity verification, announced today it has acquired HelloFlow, the innovative no-code, drag-and-drop builder of client onboarding, monitoring and digital workflow solutions. As consumers increasingly interact and transact […]
Fiserv will enable UnionPay, one of the world’s largest payment networks, to expand issuance and streamline UnionPay card acceptance for businesses worldwide via the Carat omnichannel commerce platform BROOKFIELD, Wis.–(BUSINESS WIRE)–#china—Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced the expansion of its relationship with UnionPay International, […]
MIAMI & AUCKLAND, New Zealand & SINGAPORE–(BUSINESS WIRE)–#ACI—Kiwibank has taken the next step in delivering real-time experiences for its customers, after entering into a strategic partnership with ACI Worldwide, (NASDAQ: ACIW) a leading global provider of real-time digital payment software. The landmark agreement will see ACI provide and run Kiwibank’s newly installed, full capability Payment […]
PORTLAND, Ore.–(BUSINESS WIRE)–#PoweredbySila—Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that it partnered with TrueAccord, the leading debt collection company offering intelligent, digital-first collection and recovery solutions, to make it easier for Sila’s customers to use TrueAccord’s products and services. Dealing with delinquent and defaulted accounts is a […]
Former Time Warner CEO, Dick Parsons, and a group of investors and entrepreneurs, lead effort to increase racial and gender diversity in venture capital NEW YORK–(BUSINESS WIRE)–The Equity Alliance, a New York City-based investment fund run by CEO Claude Grunitzky, today announced the close of Fund I, an oversubscribed $28 million fund focused on diverse, […]
Company Doubled Team Members and Increased Draw Disbursements by 85% YoY NASHVILLE, Tenn.–(BUSINESS WIRE)–#fintech—Built Technologies, the fastest growing construction finance platform in the U.S., has reached significant team and financial growth metrics exiting 2021, which bring increased value to customers. Built raised more than $213M in new venture funding from new and existing investors, securing […]
The coalition, initiated by Solidus Labs and co-founded by 17 leading crypto exchanges, trading firms and industry associations, introduces a pledge of commitment to safer markets and working with regulators NEW YORK–(BUSINESS WIRE)–#crypto–In a unified voice, leaders in the digital asset industry announced today the launch of the Crypto Market Integrity Coalition (“CMIC”), an industry-defining […]
Manage Notes, Tasks, Calendar, Contacts, Files and PDFs within SL2™ SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#FINRA—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today the launch of SL2 Docs™ compliant mobile collaboration. Seamlessly integrated into CellTrust’s flagship SL2 app for mobile communication capture and compliance, SL2 Docs was designed […]
The company finishes banner year of growth with largest securitization of its kind. Residential equity agreement (REA) securitization creates an unprecedented opportunity for institutional investors to participate in the residential equity market. The securitization is intended to drive favorable financial benefits for consumers including increased efficiency and better leverage in the markets. Expands C-suite with […]
LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE SONIA Index futures and options, the benchmark contract to manage Sterling interest rate risk, hit a single day volume record of 916,964 contracts on February 3, the day the Bank of England’s Monetary Policy Committee voted […]
Enterprise customers can now settle transactions directly in RMB and USD, further streamlines cross-border payments into China HONG KONG & BEIJING–(BUSINESS WIRE)–#London–Global payments network EMQ further strengthens its multi-currency B2B payment offerings for enterprises with options including same-day settlement in RMB and USD across its extensive payout network reaching over 150 banks in China. This […]
