Business Wire


Circle’s Global Impact Report Showcases Financial Inclusion Utility of USDC

Use cases indicate how USDC and open-source innovations are transforming aid delivery, remittances, and more NEW YORK–(BUSINESS WIRE)–Circle, a global financial technology firm, is proud to unveil its first Global Impact Report on the grounds of the United Nations. Examples in the report demonstrate the inherent power of open blockchain-based financial infrastructure to transform aid […]

Xsolla Appoints Zoran Vasiljev as Senior Vice President of Global Strategic Partnerships

Vasiljev Brings Extensive Experience and Leadership to Drive Global Expansion LOS ANGELES–(BUSINESS WIRE)–Xsolla, a global video game commerce company, announced today the appointment of Zoran Vasiljev as its Senior Vice President of Global Strategic Partnerships, effective October 1st. Zoran joins Xsolla with a wealth of experience and a distinguished track record in digital monetization and […]

Cross River and Forward Bring Payouts-As-A-Service to Software Developers

Initiative expands embedded payment services to Software-as-a-Service providers, addressing core payment challenges FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Forward, a technology partner empowering Software-as-a-Service (SaaS) companies to integrate and monetize payments, are addressing some of the core payment challenges currently inhibiting the growth […]

TradeStation Securities Announces Collaboration with QuantConnect

TradeStation Expands Algorithmic Trading Capabilities with QuantConnect API Integration PLANTATION, Fla.–(BUSINESS WIRE)–TradeStation Securities, Inc. (“TradeStation Securities”), an award-winning*, self-clearing online brokerage firm for trading stocks, options, futures, and futures options, announced its collaboration with QuantConnect, an open-source algorithmic trading platform, offering powerful solutions for quant investors. TradeStation Securities, a multi-asset class broker-dealer and futures commission […]

ICE Launches New Suite of Physical Climate Risk Municipal Indices Integrating ICE Climate Risk Scores

Five new indices to track performance of securities of obligors exposed to climate risk, uses ICE Climate Risk Scores NEW YORK & ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that it has launched a new suite of climate risk municipal indices, using the ICE Climate Risk Score, […]

Wolters Kluwer named Category Leader in Chartis RiskTech Regulatory Reporting Solutions 2024 Quadrant

NEW YORK–(BUSINESS WIRE)–Wolters Kluwer, a global leader in professional information, software solutions, and services, today announced that its Finance, Risk and Regulatory Reporting (FRR) business has been recognized as a category leader by Chartis in its prestigious RiskTech Regulatory Reporting Solutions 2024 Quadrant. Chartis’ mission is to support banks, tech vendors, investment managers and insurers […]

Composition Capital Launches New Technology-focused Growth Equity Firm

LOS ANGELES–(BUSINESS WIRE)–Composition Capital (“Composition”) today announced its launch as a private equity firm providing growth capital and strategic operating support to high-growth technology and technology-enabled companies. Composition, a fully independent firm, is founded and co-led by Nishita Cummings and Leon Chen, seasoned and accomplished technology investors. Cummings and Chen most recently served as Managing […]

MANTL Announces Business Deposit Origination for Credit Unions

A development partner cohort of 10 credit unions collaborated with MANTL to streamline business account opening and deepen relationships with businesses and their communities JERSEY CITY, N.J.–(BUSINESS WIRE)–MANTL, a leading provider of account origination solutions, today announces MANTL Business Deposit Origination for credit unions. Leveraging the same modern infrastructure that transformed consumer account opening for […]

Infuze Credit Union Taps Pulsate for Enhanced Mobile-First Engagement and Targeted Marketing

Pulsate’s integration within Q2 Digital Banking Platform equips Infuze CU to more effectively communicate with members via digital and mobile banking DUBLIN–(BUSINESS WIRE)–Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that Infuze Credit Union has selected Pulsate to transform how it […]

Amount Unveils New SMB Lending and Deposit Account Opening Suite on Unified Platform

CHICAGO–(BUSINESS WIRE)–Amount, a leader in digital origination and decisioning technology, is excited to announce the launch of its latest innovation, the SMB Suite. This cutting-edge SaaS platform is designed to transform the way banks and credit unions manage small business lending and deposit account openings, addressing critical challenges faced by financial institutions today. The new […]

Nmbr Secures CAD $7.6 Million to Bring Embedded Payroll to Canada

Backed by leading venture funds, the funding will propel Nmbr’s vision to simplify the process of building modern payroll products in Canada, helping companies launch payroll offerings to increase revenue and customer retention. TORONTO–(BUSINESS WIRE)–Nmbr, Canada’s first dedicated embedded payroll software provider, announces CAD $7.6 million in seed funding to elevate the payroll ecosystem for […]

FICO Survey: Alarming Acceptance of ‘Liar Loans’ Among Thai Consumers

Close to 1 in 4 Thais think it’s OK to deliberately mislead on personal loans, mortgages, auto and other applications. BANGKOK–(BUSINESS WIRE)–FICO (NYSE: FICO): Highlights Two in five Thais (39%) think it’s OK or normal for people to exaggerate their income on loan applications One in seven Thais (14%) believe it’s normal for people to […]

Australian Payments Plus and Thoughtworks Join Forces to Accelerate PayTo Adoption with Award Winning Customer-centric Design

SYDNEY–(BUSINESS WIRE)–Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, joined Australian Payments Plus (AP+), Australia’s domestic payments organization operating the BPAY, eftpos and NPP payment schemes), to develop new customer experience (CX) industry guidelines for PayTo. PayTo is the latest innovation from AP+, providing a fast and secure way to […]

Odysseus Fintech Deploys Compliance AI “Athena” to Deliver +95% Audit Trail

  HOUSTON–(BUSINESS WIRE)–Odysseus Fintech, Ulysses Commodities’ software development arm, released ‘Athena’, an LLM (large language model) AI agent developed for internal use, to address the painstaking process of preparing audit trail reports for regulatory audits from multiple input sources including: ICE CHAT, BBG Chat, Cloud 9 and VOIP phone calls. I. Nechitat, head of LLM: […]

Airwallex’s Cross-Border Payments Technology Streamlines McLaren Racing’s Financial Operations

LONDON & WOKING, England–(BUSINESS WIRE)–Airwallex, a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Prior to this partnership, McLaren’s international payments run consisted of 30 payments made one at a time, which was inefficient and […]

Priority Announces Innovations to its Passport Product

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority, the payments and banking fintech that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, has announced significant enhancements to its Passport product within its banking and treasury solutions platform. Passport seamlessly integrates payments, treasury and banking services on a scalable, native platform. It helps businesses of all sizes accelerate […]

Breckpoint Enhances Underwriting and Risk Management with Gradient AI

Self-funded Insurance Provider Improves Accuracy, Efficiency, and Risk Projection for Employee Benefits Programs PHOENIX–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at the SIIA National Conference that Breckpoint® has successfully adopted Gradient AI’s SAILTM Solution to enhance underwriting for its self-funded employee benefits programs. […]

Forma Capital Partners with Sweater Ventures to Power The Cashmere Fund

LOS ANGELES–(BUSINESS WIRE)–Forma Capital, an early stage venture investor that supports its portfolio companies through influential partnerships, today announced that its affiliate, Forma Cashmere, LLC, has been approved as the sub-adviser for the Sweater Cashmere Fund (SWTRX, or “the Fund”), and hereafter will be known as The Cashmere Fund. Until today the Fund has been […]

Juniper Research: Who Leads the Digital Wallet Platform Market in 2024?

BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research, the foremost experts in fintech and payments markets, has revealed which platform providers lead the global digital wallets market in 2024. Underpinned by robust methodology, the new Competitor Leaderboard ranked the top 17 digital wallet platforms across a number of criteria, including the range of payment channels […]

MCO (MyComplianceOffice) announced as one of Ireland’s Best Managed Companies 2024

DUBLIN–(BUSINESS WIRE)–#asiarisk—MCO (MyComplianceOffice), a leading provider of compliance management software for financial services firms, has been named one of the Best Managed Companies in Ireland at the Best Managed Companies awards, led by Deloitte. This year, Deloitte recognised 129 indigenous companies at the awards. The network of companies has a combined turnover of more than […]

KOHO and Propel Announce Exclusive Partnership to Expand Lending Access in Canada

TORONTO–(BUSINESS WIRE)–#TSXPRL–KOHO announces today their new partnership with Propel Holdings Inc. (“Propel”) (TSX: PRL). Through its Canadian brand Fora Credit, Propel will act as KOHO’s exclusive embedded lending partner. The partnership will allow qualified KOHO users to access a line of credit through Propel’s AI-powered lending platform within the KOHO app. “We’re proud to partner […]

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

NAIROBI, Kenya–(BUSINESS WIRE)–Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% […]

CAIS Broadens Offerings from Leading Alternative Asset Managers

Apollo, Ares, Bain Capital, BlackRock, Blackstone, Blue Owl, Golub Capital, Franklin Templeton, KKR, Nuveen, Partners Group, Reverence Capital Partners, Stonepeak, and Vista Equity Partners are among the managers introducing or expanding strategies on the CAIS platform NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced it has expanded its offerings […]

Almost 40% of Small Business Owners Hit By Employee Litigation In The Past Year

Small Business Trends Report reveals how SMBs are wrestling with a complex legal landscape & shifting trends in DE&I, remote work, and AI adoption LOS ANGELES–(BUSINESS WIRE)–Thirty-seven percent of SMBs have been hit with an employee lawsuit in the last year, according to the 2024 Small Business Trends Report by Counterpart. The report, which surveyed […]

AtoB Announces New Funding and Growth Milestones

SAN FRANCISCO–(BUSINESS WIRE)–AtoB, the leading provider of modern payment solutions for the transportation industry, today announced significant growth and strategic milestones, including $130 million in new equity and debt funding to further support product and team expansion. This momentum reflects AtoB’s dedication to transforming the transportation sector through cutting-edge fintech solutions and strategic partnerships. AtoB […]

The NAGA Group expands addressable user base with launch of first-ever trading app integrated into Telegram messenger

HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the all-in-one financial SuperApp NAGA, is launching the first-ever fully integrated trading app within the Telegram ecosystem, in a bold move that could redefine how retail investors engage with the financial markets. In doing so, NAGA will gain immediate access to Telegram’s 950 […]

Dfns Wallet Infrastructure Now Available on Temenos Exchange

Dfns offers a Wallets-as-a-Service (WaaS) platform that enables organizations to easily create, integrate, and manage digital assets at scale, delivering enhanced wallet security and efficiency for financial institutions and fintech companies. PARIS–(BUSINESS WIRE)–Dfns, a leading provider of wallets-as-a-service (WaaS) solutions, today announced Dfns Wallet Infrastructure is available on Temenos Exchange, the partner ecosystem of integrated […]

RAS Selects CLARA Analytics to Leverage AI for Greater Claims Impact

Expert in Workers’ Comp Insurance and Loss Mitigation Management Deploys CLARA’s Entire Product Suite for Added Performance SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (“AI”) technology for insurance claims optimization, today announced that Risk Administration Services, Inc. (“RAS”) will leverage its technology to enhance its claims processes. To achieve this objective, […]

RBC Global Asset Management Inc. Launches Two New ETF Series, Now Listed and Trading on Cboe Canada

TORONTO–(BUSINESS WIRE)–$RLST #Cboe—Cboe Canada Inc. (“Cboe Canada”) is pleased to announce the launch of two new ETF series of RBC Funds from RBC iShares. The RBC U.S. Mid-Cap Growth Equity Fund and the RBC Life Science and Technology Fund, managed by RBC Global Asset Management Inc. (“RBC GAM Inc.”), offer diversified access to U.S. markets […]

With Canada’s First Rental Reporting API, Zenbase Empowers Fintech & Proptech Developers

CALGARY, Alberta–(BUSINESS WIRE)–#fintech–Zenbase, a leader in rental reporting innovation, is excited to announce the launch of Canada’s first rental reporting API. This groundbreaking technology is set to revolutionize how proptechs and fintechs integrate rental payment data into credit building solutions, giving consumers unprecedented opportunities to enhance their credit scores through their rental payments. Zenbase’s new […]

2024 State of Digital Quality Report From Applause Reveals Top Customer Experience Issues, Reinforcing Need to Strengthen Software Development Processes

Third-annual report on more than 200,000 defects spanning accessibility, AI, digital payments, functional testing, UX and localization uncovers common oversights that inhibit success BOSTON–(BUSINESS WIRE)–#AItesting–Applause, a world leader in testing and digital quality, today published its third State of Digital Quality report, a comprehensive examination of real-world testing data that identifies the common flaws in […]

Nacha Announces Sardine as Preferred Partner

RESTON, Va.–(BUSINESS WIRE)–Nacha’s newest Preferred Partner is Sardine, a leader in fraud and compliance solutions. Sardine joins a select group of organizations as a Nacha Preferred Partner in the categories of Compliance, Fraud Monitoring, and Risk and Fraud Prevention. “Strengthening risk management and combating fraud continue to be top priorities for Nacha and ACH Network […]

Experian Ranked 7th on 2024 IDC FinTech Rankings Top 100; Wins IDC Real Results Award in Bank Deposit Transformation

COSTA MESA, Calif.–(BUSINESS WIRE)–Experian has been ranked 7th on the 2024 IDC FinTech Rankings, placing in the top 10 providers for the third consecutive year. The FinTech Rankings evaluate the top 100 providers of financial technology based on 2023 calendar year revenues from the financial services and FinTech industries. In related news, Experian is also […]

ICE and IPC Systems Launch ICE Voice – A New Cloud-Based Audio Solution for Traders and Professional Investors

Integrated chat and voice logs provide single record of communication, aid in client compliance programs ATLANTA & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, and IPC Systems, a leading provider of trading communications solutions, announced today the launch of ICE Voice. This cloud-based audio solution […]

Upfront Redefines Broker-Agent Financing with $2.5 Million Funding

Fintech startup seeks to reimagine how agents are paid NEW YORK–(BUSINESS WIRE)–Upfront, a new real estate finance platform, today announced it has raised $1.5 million in equity and $1 million in debt funding to revolutionize broker-agent financing. The round, led by Diagram Ventures with participation from ROC Venture Group, enables Upfront to officially launch and […]

SRA Watchtower Integrates Risk Management Components into Its Holistic Risk Intelligence Platform

Designed to help financial institutions navigate risk, make informed decisions and drive growth GLEN ALLEN, Va.–(BUSINESS WIRE)–#RegTech—SRA Watchtower, a Glen Allen, Va.-based financial technology services firm, today announced the integration of its best-in-class risk assessments and risk maturity frameworks into Watchtower, The Holistic Risk Intelligence Platform™. Financial institutions eliminate redundant data entry, create a consolidated […]

AutoRek Announces Strategic Collaboration With Capgemini to Help Drive Its Ambitious Growth in Financial Services

PARIS–(BUSINESS WIRE)–AutoRek and Capgemini have signed a new agreement that will see Capgemini become AutoRek’s first strategic professional services and technology partner. This will empower AutoRek to be at the forefront of regulatory changes and reporting requirements for clients. Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide […]

New "State of Digital Lending" Report Reveals Over 50% of Organizations Struggle to Deliver Fast, Seamless Digital Lending Experiences

MeridianLink, in Partnership with the Digital Banking Report, Shares Insights on the State of Digital Lending COSTA MESA, Calif.–(BUSINESS WIRE)–$MLNK—MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, recently unveiled the “2024 State of Digital Lending” report in collaboration with prominent industry expert, Jim Marous, owner and publisher […]

taq Automotive Intelligence Partners With EV Luxury Brand Lucid Motors

MARKHAM, Ontario–(BUSINESS WIRE)–taq Automotive Intelligence, (taq), a Canadian-based company specializing in automotive retail technology, is proud to announce a partnership with California-based Lucid, maker of the world’s most advanced electric vehicles. Under their agreement, taq will deliver its innovative fintech technology as a digital retailing solution, enabling Lucid customers in Canada to move effortlessly from […]

Vowell’s Marketplace Joins the NationsBenefits® Retail Network, Allowing Health Plan Members to Use Prepaid Spend Cards Across Mississippi and Alabama

NationsBenefits’ point-of-sale (POS) integration allows Medicare Advantage and Medicaid members to easily purchase grocery and healthy food at thirteen locations LOUISVILLE, Miss.–(BUSINESS WIRE)–NationsBenefits, the market leader in supplemental benefits and healthcare fintech solutions, today announced a new partnership with the supermarket chain Vowell’s Marketplace, further cementing its mission to enhance member convenience and promote healthier […]

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