Business Wire


Real Estate-Focused Fintech UpEquity Turns to Blend to Power Simpler Mortgage Process for Consumers

SAN FRANCISCO–(BUSINESS WIRE)–Blend (NYSE: BLND), a leader in cloud banking software, today announced a new fintech customer UpEquity, an Austin-based digital mortgage company assisting customers in making cash offers. UpEquity will use Blend’s platform to help power seamless digital mortgage experiences as part of a broader effort to simplify the process of buying a home. […]

The IoT Community Announces Intertrust as a Gold-level Corporate Member in its Elite IoT Ecosystem

David Maher, Chief Technology Officer, Intertrust, appointed to the IoT Community Advisory Board and is named Vice-Chair of the Security Privacy and Trust in IoT Center of Excellence (SPTIoTCoE) Maher, to deliver virtual Keynote at the IoT Grand Slam 2021 virtual conference, December 10th, Online SAN FRANCISCO–(BUSINESS WIRE)–#5G–The IoT CommunityTM (Internet of Things Community), the […]

SocialChat Raises $6.2 Million to Launch eCommerce Customer Engagement and Revenue Platform Led by Race Capital and Gradient Ventures

SocialChat empowers consumer brands to take control of their customer data, unlocking a $3.4 trillion market SAN FRANCISCO–(BUSINESS WIRE)–SocialChat, the social commerce platform, today announced $6M in seed funding, led by Race Capital and Gradient Ventures with participation from Kevin Lin, co-founder of Twitch, Tony Zhao, founder of Agora.io, Ran Makavy, former Chief Product Officer […]

Announcing General Availability of Version 23 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage Absence Management

Market-leading enhancements include improved risk management for voluntary benefits and compliance updates for Connecticut Paid Family and Medical Leave MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the general availability of Version 23 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage Absence Management – […]

Menta Revolutionizes Access to Credit by Underbanked; Selects Agora Services to Power Innovative Digital Credit Builder Platform

HOUSTON–(BUSINESS WIRE)–Menta, a new fintech revolutionizing access to credit for the underbanked consumer, has selected Agora Services to launch its groundbreaking credit builder loan platform. The underbanked segment represents more than 100 million Americans who are disadvantaged by the current banking environment due to regulations and lack of financial education. Agora will power Menta with […]

Fifth Third Bank Announces Second Special Payment to its Front-line Employees

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, announced a special payment of $1,250 for full-time employees who have provided essential banking services to customers through the ongoing pandemic. It is the second time the Bank has recognized the work of these employees through a special payment program. “Our employees have gone above and beyond to ensure […]

HighRadius Opens New Paris Office and Continues Growth in EMEA

Expansion driven by explosive demand and triple-digit growth of HighRadius Autonomous Software throughout the European market HOUSTON & PARIS–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order to Cash, Treasury Management and Record to Report software leader, celebrated the opening of its new Paris office as it continued expansion in Europe. The office will have local staff for […]

AscendEX Announces a $50mm Series B Raise Led by Polychain Capital and Hack VC

Additional Series B investors include Alameda Research, Jump Capital, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Palm Drive Capital, and Nothing Research SINGAPORE–(BUSINESS WIRE)–AscendEX, a global cryptocurrency financial platform, has announced the close of a $50 million Series B raise led by Polychain Capital and Hack VC, with participation from Jump Capital and Alameda Research, as […]

ICE Publishes 2022 Auction Calendar for UK Emissions Trading Scheme

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the publication of the 2022 auction calendar for the UK Emissions Trading Scheme (“ETS”). ICE hosted the first UK ETS auction in May 2021, alongside launching UK Allowance (UKA) Futures contracts and UKA Daily Futures. Since then, more […]

FeeX Tapped By Priority Financial Group to Power Held-Away Account Management

PFG’s Retirement Plan Center gives advisors a platform to monitor, trade and report on client 401(k)s and other held-away assets NEW YORK & PHOENIX–(BUSINESS WIRE)–Priority Financial Group (PFG) announced it has partnered with FeeX, a financial technology provider, to power the firm’s Retirement Plan Center. The Center will allow advisors to securely trade and manage […]

SIMON Partners with +SUBSCRIBE to Launch Alternative Investment Fund Marketplace for Wealth Managers

SIMON expands its industry leading, advisor-facing technology platform to launch the wealth industry’s first digital end-to-end alternative fund marketplace, providing access to a full suite of investment opportunities from leading asset managers Powered by +SUBSCRIBE’s state-of-the-art electronic subscription document technology, the marketplace will enable financial advisors to centralize their activity across direct fund and feeder […]

Valon Raises $43.9 Million Investment for Residential Mortgage Servicing Platform; Offers Borrowers a Better Way to Navigate Homeownership

Company partners with Starwood Capital Group and Freedom Mortgage, and secures Freddie Mac and Federal Housing Administration approval, to service government-backed loans NEW YORK–(BUSINESS WIRE)–Valon, a tech-enabled residential mortgage servicer, today announced a $43.9 million investment, to continue fueling the company’s rapid growth through hiring, the development of a loan originations and property insurance business, […]

Paystand Announces Gold Sponsorship of Sage Transform, Debuts New Functionality for Sage Intacct Users

SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–#DeFi—Paystand – the leader in blockchain-enabled B2B payments – today announced its Gold sponsorship of Sage Transform, the premier event for the Sage community that will be held in Las Vegas, Nevada, from November 8th to 12th at the Venetian Resort. As the #1 customer-rated cloud-based financial management platform, Sage Intacct delivers […]

SWAP Launches Modern Payment Security Infrastructure with Thales to Accelerate Route to Market

Thales and First Tech enable fintech, SWAP, to leapfrog legacy systems and provide customers with fast, secure digital services SWAP has seen a four-fold increase in its customer portfolio PARIS LA DÉFENSE–(BUSINESS WIRE)–In partnership with First Tech, global technology company Thales today announced it has helped venture capital-backed financial service provider SWAP launch its modern […]

55ip and RiverFront Investment Group Roll Out Tax Managed Portfolios to Baird Financial Advisors

Demand for Tax Management Continues to Drive Adoption BOSTON & RICHMOND, Va.–(BUSINESS WIRE)–Increasing demand from advisors and their clients has spurred 55ip to expand its partnership with RiverFront Investment Group (“RiverFront”). The firms announce today a rollout at Baird of 55ip’s tax-smart transition technology with RiverFront ETF strategies to help advisors ease the burden of […]

DriveWealth Partners with Fintech Unicorn Toss Securities to Give South Koreans Unprecedented Access to U.S. Stock Market for the First Time

DriveWealth democratizes investment opportunities for Millennials and first-time investors through fractional trading technology JERSEY CITY, N.J.–(BUSINESS WIRE)–DriveWealth, LLC, a pioneer in fractional investing and embedded finance, today announced its partnership with Toss Securities to offer safe and easy international investing services for Millennials and stock trading beginners. Toss Securities is a subsidiary of Viva Republica, […]

Accrue Savings Launches Shopping Experience to Diversify Payment Options for Brands and Consumers

Fintech startup raises $4.7 million in seed funding empowering inaugural brands including Casper, Candid, and Camp to offer cash rewards that incentivize customers to save for purchases NEW YORK–(BUSINESS WIRE)–Accrue Savings, the merchant-embedded shopping experience that rewards consumers for saving, launches today to diversify payment options for brands and consumers. The company, founded by entrepreneur […]

Algbra Partners With Doconomy at COP26 to Further Its Sustainability Agenda With Global Minority Communities

LONDON–(BUSINESS WIRE)–Algbra, a sustainable and values-focused digital finance provider dedicated to providing ethical finance solutions and promoting financial wellbeing, has partnered with Swedish clean-tech company Doconomy to further its sustainability goals with global minority communities. The new partnership was announced on Finance Day at the COP26 Conference in Glasgow and will enable Algbra customers to […]

ICE Connects to Adroit’s Execution Management System

Offers Access to ICE Bonds Liquidity ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that ICE Bonds has connected with Adroit Trading Technologies, a premier order and execution management system (OEMS) for sophisticated over-the-counter-focused buyside traders. ICE Bonds’ fixed income over the […]

IMM and CSPI Partner to Accelerate Digital Transformation for Community Financial Institutions

Integration enables real-time eSignatures to provide superior customer experience RAHWAY, N.J.–(BUSINESS WIRE)–IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, today announced it has partnered with Missouri-based Computer Service Professionals Inc. (CSPI), a fintech provider of core, digital banking, document management and item processing solutions, to give […]

ACI Worldwide Achieves Best-in-Class Ranking in 2021 Aite Matrix: Leading U.S. Cash Management Vendors

ACI’s Universal Online Banker lauded for client service and product features; ACI considered a “true partner” by customers MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it has achieved a best-in-class ranking in Aite-Novarica Group’s “2021 Aite Matrix: Leading U.S. Cash Management Vendors” landscape report. […]

Build Strategy for Financial Crime Management Solutions Losing Attractiveness Among APAC Financial Institutions

IDC InfoBrief, commissioned by GBG, outlines critical parameters to consider when deciding to build, buy, or rent SINGAPORE–(BUSINESS WIRE)–GBG (AIM: GBG), the global experts in digital identity, helping businesses prevent fraud and meet complex compliance requirements, today announced the release of the IDC InfoBrief “Build, Buy or Rent: Evaluating an Effective Strategy to Fight Rising […]

Accelerated Adoption of MeridianLink Portal Allows More Financial Institutions of All Sizes to Expand Existing Lending and Deposit Account Origination Platforms to Online Consumers

Company added more than 60 new MeridianLink Portal instances and upgrades to new and existing clients in Q3 COSTA MESA, Calif.–(BUSINESS WIRE)–MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that more than 60 clients added MeridianLink Portal instances and enhancement upgrades in the […]

Win at Work With Razer’s Next-Generation Productivity Suite

With industry-leading ergonomics, gaming-pedigree internals, and improved acoustics, the new Razer Pro range brings more high-performance peripherals to the workplace IRVINE, Calif.–(BUSINESS WIRE)–#WFH–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today unveiled three new additions to its Productivity range with the new Pro Click Mini wireless mouse, the Pro Type […]

Artis Technologies Launches Healthcare Financing for Practices

ATLANTA–(BUSINESS WIRE)–#finance–Artis Technologies is excited to announce the launch of the company’s newest division: Artis Healthcare Financing. This new vertical allows for practices such as dental, veterinary, and elective medical to provide low-friction, affordable financing to their patients at the point of need. The completely digital platform presents customers with instant offers, ensuring a frictionless […]

UT Tyler Now Offers Secure Mobile ID Cards for Campus Community

First UT System School to Partner with Transact for Implementation TYLER, Texas & PHOENIX–(BUSINESS WIRE)–#credentials—The University of Texas at Tyler and Transact announced today that the university now offers secure mobile ID cards for the campus community. UT Tyler is the first UT System institution to move forward and provide a digital campus ID option […]

Cambridge Savings Bank’s Asset-Based Lending Team Provides Medical Record Associates, LLC, with Growth Financing Package

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#assetbasedlending—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team has closed a custom financing package for Medical Record Associates, LLC (MRA), a leading provider of medical coding, auditing and cancer registry services. The Wellesley, MA-based, MRA has been working with hospitals nationwide since 1986 […]

PeerStreet Launches a Secondary Marketplace to Increase Liquidity for Investors

New pilot program unlocks liquidity on investments in real estate loans LOS ANGELES–(BUSINESS WIRE)–#fintech—PeerStreet, an award-winning platform that digitizes fractional investing in real estate loans, today announced PeerStreet’s Secondary Marketplace. This development is an important milestone for the company and the industry, as it will enable investors to sell their existing, fractional positions in loans, […]

Telstra Collaborates with Equinix to Deliver Enhanced Access and Network Connectivity to Major Global Financial Exchanges

Collaboration Offers New Hybrid Network Options to Capital Markets Customers by Combining Telstra’s Octagon Financial Services Solution with the Power of Platform Equinix® NEW YORK–(BUSINESS WIRE)–#capitalmarkets—Telstra, a leading global telecommunications and technology company, today announced it is collaborating with Equinix, the world’s digital infrastructure company™, to enhance the Telstra Octagon financial services solution and expand […]

OLB Group Announces Support for Mastercard Cryptocurrency Processing

SecurePay is a registered member of the Visa TPA and Mastercard SDP program. A certified SecurePay Gateway and OmniSoft payment acceptance platform are ready to accept Mastercard and Bitcoin transactions immediately  NEW YORK–(BUSINESS WIRE)–$crypto—The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small- and mid-sized merchants and Bitcoin mining company, announced that it is ready to process Mastercard Bitcoin payments immediately. Merchants utilizing […]

Child Identity Fraud Costs Nearly $1 Billion Annually, According to a New Study From Javelin Strategy & Research

Javelin Strategy & Research’s 2021 Child Identity Fraud study examines the behaviors, characteristics, and social media platforms that put children at the greatest risk of their identities being stolen. It also serves as a resource for parents, educators, and the general public to help identify, resolve, and prevent child ID theft and fraud. SAN FRANCISCO–(BUSINESS […]

Age of Learning and Rakuten Announce Joint Venture: Age of Learning Japan Co., Ltd.

New Company Will Accelerate Growth of ABCmouse English to Meet Strong Demand for Children’s English Language Learning in Japan LOS ANGELES & TOKYO–(BUSINESS WIRE)–Age of Learning, Inc., the leading edtech company for young learners and creator of ABCmouse Early Learning Academy, and Rakuten Group, Inc., Japan’s leading e-commerce company and a global leader in internet […]

Cloudentity Research Reveals At Least 44% of Enterprises Report Experiencing Substantial API Security and Privacy Issues

Report Conducted by PulseQA Finds that the Majority of Enterprises have Less Mature, Decentralized API Authorization Policy Management and are Facing Delays in Application Development SEATTLE–(BUSINESS WIRE)–#API–Today Cloudentity, a leading provider of authorization and identity for modern applications, announced its 2021 “State of API Security, Privacy and Governance” report conducted by PulseQA, revealing that in […]

Majesco’s Successful Fall Product Council Highlighted Majesco’s Strategic Focus to Deliver Intelligent Core, Digital, Data and Distribution Platforms

New leaders introduced and detailed sessions for all products provided updates on enhancements and planned roadmaps for P&C and L&A and Group core, digital, data, AI/ML and distribution solutions MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the completion of a successful Fall Product Council. The […]

Comdata and RoadSync Partner Up to Connect Logistics Companies with On-Demand Fintech Payments Solution

Agreement Increases Cash Flow and Payments Efficiency for Drivers and Carriers BRENTWOOD, Tenn.–(BUSINESS WIRE)–Comdata, a FLEETCOR company and world leader in payment innovation, announced today that it has partnered with RoadSync, a digital fintech provider for the logistics industry, to offer its Fleet Payment Solutions and Fleet Cards to RoadSync Checkout. The agreement offers RoadSync’s […]

Q2 and BCG Join Forces to Tackle Major Commercial Banking Challenge

YieldBuilder, a new loan pricing solution, combines BCG’s industry-leading pricing strategy and change management expertise with Q2’s one-of-a-kind advanced analytics and pricing software AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, and Boston Consulting Group (BCG) today announced the launch of YieldBuilder to help solve one […]

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate end-to-end workflows for its SBA […]

Western Union Advances Global Consumer Ecosystem

Launches WU Shop in Germany and Austria, with U.S. Planned to Launch in Q4 Digital Banking Services Pilot Upcoming in Select Countries DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announces the advancement of its consumer ecosystem strategy with the launch of WU Shop, a […]

iCapital Network® Broadens Accredited Investor Access to Private Investments with a Robust Menu of Fund Offerings  

iCapital poised to support the 80% of advisors likely to increase client allocations to private markets NEW YORK–(BUSINESS WIRE)–iCapital Network,1 the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced that it has launched the AMG Pantheon Fund, LLC, BlackRock Private Investments Fund, […]

Customers Bank Makes Bold Move with Cryptocurrency Clients

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI #Banking–Customers Bank, the $19.1 billion subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), today released a partial list of inaugural institutional crypto clients. The clients identified are among the premier cryptocurrency and digital asset institutions, making the bank one of the nation’s leading financial services providers in the growing global crypto industry. […]