Business Wire

BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Two Municipal Closed-End Funds

BlackRock Announces Results of Joint Special Shareholder Meeting Relating to the Reorganizations of Two Municipal Closed-End Funds

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock MuniHoldings Investment Quality Fund (NYSE: MFL) and BlackRock Municipal Income Fund, Inc. (NYSE: MUI and together with MFL, the “Funds,” and each, a “Fund”), the requisite vote of shareholders of MUI have approved the reorganization of […]

ISG to Publish Study on Digital Banking Platform Providers thumbnail

ISG to Publish Study on Digital Banking Platform Providers

ISG Provider Lens™ report will examine how new digital technologies are helping banks transform themselves STAMFORD, Conn.–(BUSINESS WIRE)–$III #BankingPlatforms–Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining providers of digital banking solutions at a time when traditional banks are under growing pressure to meet […]

Melonn Raises US$20M Series A funding led by QED Investors thumbnail

Melonn Raises US$20M Series A funding led by QED Investors

Melonn provides end to end fulfilment and software services to small and medium ecommerce companies in Latam, starting in Mexico and Colombia. Less than a year after raising a pre-seed round from NFX, the company has raised US$24M in total from top tier investors including QED, NFX, GFC, Pear, Wollef (formerly Jaguar) and high-profile angel […]

SIMON Reports Fourth Quarter Highlights thumbnail

SIMON Reports Fourth Quarter Highlights

New partnerships and integrations cap off a year of rapid momentum and record growth NEW YORK–(BUSINESS WIRE)–#FinTech—SIMON Markets LLC (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial advisors understand, manage, and analyze complex alternative investment products, today announced business highlights underscoring its continued growth during Q4 2021. The […]

Lexop Closes Expansion Round with Companyon Ventures thumbnail

Lexop Closes Expansion Round with Companyon Ventures

New investment will allow Lexop to continue the North American expansion of its digital collections software. MONTREAL–(BUSINESS WIRE)–#NorthAmericanexpansion—Lexop, a self-service software that optimizes the repayment journey for past-due customers, announced today that it raised a round of funding to support the development and expansion of its digital collection solution across North America. The round was […]

Tavant FinDecision Enhances Broker Experience Through Collaboration with PennyMac Financial Services, Inc. thumbnail

Tavant FinDecision Enhances Broker Experience Through Collaboration with PennyMac Financial Services, Inc.

Joint implementation features Tavant FinDecision in Dual AUS Offer with Top Mortgage Lender SANTA CLARA, Calif.–(BUSINESS WIRE)–#brokerexperience—Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, announced today that it is collaborating with PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac), one of the largest publicly traded residential mortgage companies in the country. Pennymac has integrated […]

Majesco P&C Core Suite Now Deeply Integrated with Majesco Loss Control 360 to Deliver Unprecedented Underwriting Excellence, Enhanced Profitability and Customer Experience thumbnail

Majesco P&C Core Suite Now Deeply Integrated with Majesco Loss Control 360 to Deliver Unprecedented Underwriting Excellence, Enhanced Profitability and Customer Experience

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that their market-leading Majesco P&C Core Suite is now deeply integrated with the best-on-class Majesco Loss Control 360 SaaS platforms, both used by reinsurers, insurers, brokers, MGAs and top risk engineering companies. Majesco’s next-gen SaaS core and loss […]

E-Commerce SaaS Company ‘Swiftline’ Launches to Acquire, Develop, and Operate Integrated Services thumbnail

E-Commerce SaaS Company ‘Swiftline’ Launches to Acquire, Develop, and Operate Integrated Services

Swiftline launches with $12mm Series A financing to accelerate e-commerce businesses NEW YORK–(BUSINESS WIRE)–Swiftline, a new e-commerce SaaS company, announces its launch as an integrated data and technology platform which will enable e-commerce sellers with optimization strategies, business-building solutions, and access to growth capital that drives success. Led by a veteran team of e-commerce and […]

Algbra Unveils its Comprehensive Values-focused & Climate-impact FinTech With Strategic Mastercard Partnership thumbnail

Algbra Unveils its Comprehensive Values-focused & Climate-impact FinTech With Strategic Mastercard Partnership

LONDON–(BUSINESS WIRE)–Algbra, a comprehensive values-focused and climate-impact FinTech, announced a milestone partnership with Mastercard yesterday evening, including joining the payment network’s Priceless Planet coalition. Algbra’s ground-breaking proposition has inclusivity, ethics and sustainability at its heart and requires all partners to sign up to its ethical standards, including clarity on where consumers’ money is held and […]

Tassat® Generates Record Interest From More than 200 Banks in the Digital Interbank Network™ and Names New CEO thumbnail

Tassat® Generates Record Interest From More than 200 Banks in the Digital Interbank Network™ and Names New CEO

40-Bank Working Group Established to Guide Launch of the First Blockchain-based Interbank Payments Network NEW YORK–(BUSINESS WIRE)–#KevinGreene—Tassat Group Inc., sponsor of the Digital Interbank Network (The Network), today announced that they are in discussions with more than 200 banks about joining The Network, which will enable member banks to execute secure and instantaneous real-time payments […]

Fidelity Institutional® Raises the Bar on Its Technology Offering to Better Support Advisors and Their Clients thumbnail

Fidelity Institutional® Raises the Bar on Its Technology Offering to Better Support Advisors and Their Clients

Enhancements to WealthscapeSM and Wealthscape InvestorSM Provide an Improved User Experience New Integrations and Digital Service Options Help Advisors Become More Efficient New Digital Empowerment Tool Gives Insight into Firms’ Digital Strategy and Adoption BOSTON–(BUSINESS WIRE)–Fidelity Institutional® today announced updates to the WealthscapeSM advisor technology platform, including a refreshed Wealthscape InvestorSM mobile app; updates to […]

Wolters Kluwer Compliance Solutions Partners with Broadridge to Offer Industry-leading Cost Basis Solution thumbnail

Wolters Kluwer Compliance Solutions Partners with Broadridge to Offer Industry-leading Cost Basis Solution

Market-leading GainsKeeper solution extends the overall Broadridge offering to provide an end-to-end solution for tax reporting NEW YORK–(BUSINESS WIRE)–#broadridge—Wolters Kluwer Compliance Solutions and Broadridge Financial Solutions, Inc. (NYSE: BR), a global fintech leader, have enhanced their longstanding relationship by entering into a strategic alliance to provide an industry-leading solution for cost basis and tax reporting […]

Bank of Baroda Embraces Digital Innovation, Improves Customer Service with NCR ATM as a Service thumbnail

Bank of Baroda Embraces Digital Innovation, Improves Customer Service with NCR ATM as a Service

NCR’s end-to-end solution will transform nearly half of the bank’s ATM fleet ATLANTA–(BUSINESS WIRE)–Bank of Baroda, one of India’s largest banks, was looking to quickly increase efficiencies, implement the latest digital technology and deliver a more connected customer experience. With these goals in mind, it selected NCR Corporation (NYSE: NCR), a global enterprise technology provider, […]

Discover Earns a Perfect Score for LGBTQ+ Equality Nine Years in a Row thumbnail

Discover Earns a Perfect Score for LGBTQ+ Equality Nine Years in a Row

RIVERWOODS, Ill.–(BUSINESS WIRE)–#fortune500–For the ninth consecutive year, Discover has earned a perfect 100 score and been named a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign’s Annual Corporate Equality Index, a benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Discover joins the ranks of more […]

TELUS International Celebrates One Year as a Public Company thumbnail

TELUS International Celebrates One Year as a Public Company

TELUS International remains the largest technology IPO in the history of the Toronto Stock Exchange VANCOUVER, British Columbia–(BUSINESS WIRE)–$TIXT—TELUS International (NYSE and TSX: TIXT), a digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands, is celebrating its one year anniversary as a dual-listed […]

Bay Bridge Ventures Launches Institutional ESG and Sustainability Focused VC Firm ‘Purpose-Built From the Ground Up’ thumbnail

Bay Bridge Ventures Launches Institutional ESG and Sustainability Focused VC Firm ‘Purpose-Built From the Ground Up’

Andrew Karsh leaves CalPERS to launch diverse-owned and managed institutional investment firm focused on scalable, profitable and impactful technology investments in Climate Tech, Health Innovation and Inclusive Capitalism BERKELEY, Calif.–(BUSINESS WIRE)–Bay Bridge Ventures and its strategic advisors today announced the launch of the first purpose-built, institutional ESG and Sustainability focused venture capital firm. Bay Bridge […]

Vodafone Business and RingCentral Bring Flexible Cloud Communications Solutions to Organisations Across Europe and Asia thumbnail

Vodafone Business and RingCentral Bring Flexible Cloud Communications Solutions to Organisations Across Europe and Asia

BELMONT, Calif. & LONDON–(BUSINESS WIRE)–Vodafone Business and RingCentral Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, today unveiled ‘Vodafone Business UC with RingCentral,’ a powerful new communications platform that brings together RingCentral’s flagship offering RingCentral Message Video Phone™ (MVP™) with Vodafone’s mobility and 5G capabilities […]

ComplyAdvantage Releases 2022 State Of Financial Crime Report thumbnail

ComplyAdvantage Releases 2022 State Of Financial Crime Report

Designed as a strategic roadmap for compliance teams, the comprehensive annual report covers financial crime insights related to SARs, cybercrime, geopolitical hotspots, crypto regulations and, the ever-changing sanctions landscape LONDON & NEW YORK–(BUSINESS WIRE)–ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the availability of the firm’s much anticipated annual report – […]

Dashen Bank Accelerate Digital Branch Transformation with CR2 Partnership thumbnail

Dashen Bank Accelerate Digital Branch Transformation with CR2 Partnership

ADDIS, Ethiopia–(BUSINESS WIRE)–#BranchTransformation–Dashen Bank (www.dashenbanksc.com) the largest private bank in one of the world’s fastest growing economies – Ethiopia – today announced it has extended its strategic partnership with CR2 (www.CR2.com) as they accelerate their Branch Transformation programme, a key pillar of their overall digital transformation taking place at the bank. This latest strategic initiative […]

Fraction Expands to the United States with New Approach to Home Equity Lines of Credit thumbnail

Fraction Expands to the United States with New Approach to Home Equity Lines of Credit

Launching first in Washington State, the digital platform empowers homeowners with socially conscious financial solutions VANCOUVER, British Columbia–(BUSINESS WIRE)–#fintech—Fraction, a socially-conscious alternative for accessing home equity in a fair way, announces today its availability in the United States. The company’s first launch in Washington State comes on the heels of its $228mm USD debt-equity funding […]

Payliance Enhances Payment Processing Capabilities by Combining with Secure Payments Systems (SPS) thumbnail

Payliance Enhances Payment Processing Capabilities by Combining with Secure Payments Systems (SPS)

Leaders in payment processing solutions combine to enable consumer payment choice. COLUMBUS, Ohio–(BUSINESS WIRE)–Payliance, a Columbus, Ohio-based leader in payment processing solutions, today announced it has acquired Secure Payment Systems (SPS), a Las Vegas, Nevada-based leading provider of payment processing solutions for small to national retailers, government, and service providers. The combined company will be […]

UK Insurtech Policy Expert Surpasses One Million Home and Motor Customers thumbnail

UK Insurtech Policy Expert Surpasses One Million Home and Motor Customers

LONDON–(BUSINESS WIRE)–Policy Expert, the UK insurtech for home and motor insurance, has passed the milestone of one million live policyholders, doubling its customer base in less than three years as it builds on a decade of sustained growth. The business was founded in 2010 and sold its first home insurance policy in May 2011. Since […]

Cross River and PayTile Join Forces to Deliver Location-Based Payments Platform

Cross River and PayTile Join Forces to Deliver Location-Based Payments Platform

PayTile Pioneers the Use of Geo-Location to Offer Quick, Cashless Payments to Users Cross River continues to power leading financial services innovators, ensuring seamless, safe and secure transactions FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced that it will be […]

CLARA Analytics Takes On Escalating Commercial Auto Claims With Its AI-Driven Litigation Avoidance Engine thumbnail

CLARA Analytics Takes On Escalating Commercial Auto Claims With Its AI-Driven Litigation Avoidance Engine

SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI–As commercial auto losses continue to climb, CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, releases its latest Litigation for Commercial Auto, empowering insurers to evaluate litigation risk, identify the best attorneys for each claim, resolve claims quickly, and control escalating costs. Powered with […]

Provenir Achieves Record Growth in New Customers and Revenue in 2021 thumbnail

Provenir Achieves Record Growth in New Customers and Revenue in 2021

AI-powered risk decisioning provider realizes a 190+ percent increase in new customers and a 55 percent SaaS revenue increase, amid continued global expansion PARSIPPANY, N.J.–(BUSINESS WIRE)–#banking—Provenir, a global leader in AI-powered risk decisioning software, today announced record growth in 2021, achieving a 194 percent increase in new customers and a 55 percent increase in Software-as-a-Service […]

John Marshall Bank Launches Fourth Fintech Lending Solution Partnership thumbnail

John Marshall Bank Launches Fourth Fintech Lending Solution Partnership

RESTON, Va.–(BUSINESS WIRE)–Committed to offering best-in-class business banking services, John Marshall Bank (JMB) announced it has entered into a definitive agreement with an innovative new Small Business Administration (SBA) 7(a) loan processing platform, LendUX from Reliant Business Valuation. This technology will enable JMB to provide its small business customers greater and easier access to financing. […]

Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories thumbnail

Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories

Outseer Emerging Payments™ builds on decades of fraud prevention and machine learning innovation with new solution for Buy Now, Pay Later installments BEDFORD, Mass.–(BUSINESS WIRE)–Outseer, the leader in payment authentication and monitoring solutions, introduces the next step in its strategic evolution with Outseer Emerging Payments™. This announcement marks Outseer’s first expansion beyond its market leading […]

Q2 Introduces Helix: Banking as a Service to Make Finance Human thumbnail

Q2 Introduces Helix: Banking as a Service to Make Finance Human

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the introduction of Helix, the evolution of Q2’s Banking-as-a-Service (BaaS) platform. As a cloud-native core purpose built for embedded finance, Helix enables any innovative company to offer differentiated banking products that are personalized to serve the […]

OLB Group Achieves Annual Transaction Volume Run Rate of $1.35 Billion Following CBD Merchants Acquisition thumbnail

OLB Group Achieves Annual Transaction Volume Run Rate of $1.35 Billion Following CBD Merchants Acquisition

Annual Revenue Run Rate for eCommerce Merchant Services, Anticipated to be Approximately $36 Million and Positive EBITDA for 2022. Merchants Acquisition is Expected to Add $25 Million to Revenue for 2022 NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (“OLB,” “we,” “us,” “our,” or the “Company”), a diversified Fintech eCommerce merchant services provider and Bitcoin cryptocurrency mining […]

BackBay Communications Announced More Than 160 Private Markets Investments for Clients in 2021 thumbnail

BackBay Communications Announced More Than 160 Private Markets Investments for Clients in 2021

Specialist private equity communications firm also publicized 15 fund closes totaling $18.3 billion on behalf of private markets clients in 2021 BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading integrated financial services public relations, thought leadership, and digital marketing firm, today announced it promoted 162 deal announcements on behalf of its private markets clients in 2021. Since the firm’s […]

Great Hill Partners Completes Fundraise for Eighth Growth Buyout Fund with $4.65 Billion of Commitments thumbnail

Great Hill Partners Completes Fundraise for Eighth Growth Buyout Fund with $4.65 Billion of Commitments

Vehicle to Continue Firm’s Strategy of Investing in Rapidly Growing and Disruptive Companies Across Five Core Sectors BOSTON–(BUSINESS WIRE)–Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the completion of its fundraising for Great Hill Equity Partners VIII, L.P. (the “Fund”) with total commitments of $4.65 billion, inclusive of […]

BitNile Holdings Issues January Bitcoin Production and Mining Operation Report thumbnail

BitNile Holdings Issues January Bitcoin Production and Mining Operation Report

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 Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is […]

CR2 Explores What Lies Ahead for Banks in a Post-pandemic Future: A deep-dive into the challenges and opportunities in Africa, the Middle East and Asia thumbnail

CR2 Explores What Lies Ahead for Banks in a Post-pandemic Future: A deep-dive into the challenges and opportunities in Africa, the Middle East and Asia

DUBLIN–(BUSINESS WIRE)–As the world emerges from a pandemic which has seen both market dynamics and consumer behaviours change, CR2 (www.cr2.com), along with senior banking leaders and market influencers, tease out some off the key trends that they feel will impact and shape banks of the future. The report, ‘The Bank of the Future’ looks at […]

BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

NEW YORK–(BUSINESS WIRE)–BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (the “Funds”) for the fourth quarter of […]

defi SOLUTIONS Business Process Outsourcing (BPO) Implements State-of-the-Art Technology: Amazon Lex, chatbots with conversational AI, and Genesys®, a global cloud leader in customer experience orchestration thumbnail

defi SOLUTIONS Business Process Outsourcing (BPO) Implements State-of-the-Art Technology: Amazon Lex, chatbots with conversational AI, and Genesys®, a global cloud leader in customer experience orchestration

Working remotely or in-facility, defi team members offer digital, AI-enabled experience to lenders and their borrowers WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS is pleased to announce the implementation of both Amazon Lex and Genesys Cloud CX™ to empower its business process outsourcing team that represents lenders from across the US and in Canada. The Genesys Cloud CX […]

AMTD Group Marches into the Metaverse Full Scale in Alliance with its SpiderNet Ecosystem Members and Business Partners

AMTD Group Marches into the Metaverse Full Scale in Alliance with its SpiderNet Ecosystem Members and Business Partners

NEW YORK & HONG KONG & SINGAPORE–(BUSINESS WIRE)–AMTD Group and its subsidiaries including AMTD International (“AMTD IDEA Group”) (NYSE: AMTD, SGX:HKB), a company dual-listed on NYSE and SGX, together with the recent acquisitions of AMTD Digital Inc. and L’Officiel Inc SAS; AMTD Education; and AMTD Alpha Assets, alongside with the AMTD SpiderNet Ecosystem members and […]

Onyx Advisor Network and Advisor Circle Launch #RiseTogether Campaign and Partnership at Future Proof Festival thumbnail

Onyx Advisor Network and Advisor Circle Launch #RiseTogether Campaign and Partnership at Future Proof Festival

Throughout Black History Month and Women’s History Month, Future Proof’s Changing Faces of Wealth initiative bridges the diversity and equity gap in financial services experienced by underrepresented groups BOSTON & SACRAMENTO, Calif.–(BUSINESS WIRE)–#AdvisorCircle–The Onyx Advisor Network (Onyx), a comprehensive entrepreneurial support platform for minority-led financial advisory firms, and Advisor Circle, a product and content studio […]

GWI Raises Over $180M to Continue Building the Future of Audience Insights Technology thumbnail

GWI Raises Over $180M to Continue Building the Future of Audience Insights Technology

UK-founded technology company secures Series B investment from Permira’s growth fund LONDON–(BUSINESS WIRE)–GWI, the leading audience insights company, announces it has raised over $180 million in Series B funding, valuing the company at over $850 million. Financing was led by Permira’s growth fund. Founded in 2009 by CEO, Tom Smith, GWI has become the leading […]

The Change Company Closes First Ever Residential Mortgage Backed Securitization Comprised Entirely of CDFI Originated Loans thumbnail

The Change Company Closes First Ever Residential Mortgage Backed Securitization Comprised Entirely of CDFI Originated Loans

First ever RMBS transaction comprised entirely of mortgage loans originated by a Community Development Financial Institution was also designated a Social Bond by Institutional Shareholder Services. $297 million of residential mortgage loans backed the significantly oversubscribed ESG issuance which included over two dozen institutional investors. Offering allows Change to improve the cost of capital for […]

Insurance Billing and Payments Moves from Back Office Function to Growth Accelerator – New Thought Leadership from Deloitte and Majesco thumbnail

Insurance Billing and Payments Moves from Back Office Function to Growth Accelerator – New Thought Leadership from Deloitte and Majesco

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 joint thought leadership report from Deloitte and Majesco which highlights overarching trends within billing and payments and how it is impacting decisions, opportunities, and growth. The report leverages recent market research and executive […]

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