Business Wire


Tinubu Square Appoints Aurelien Pelletier as Chief Product & Technology Officer

ISSY-LES-MOULINEAUX, France–(BUSINESS WIRE)–#innovation–Tinubu Square, a proven SaaS solutions editor and a leader in enabling Credit Insurance & Surety digital transformation, is expanding. To sustain its current growth, Tinubu recently made acquisitions, onboarded new technologies and is equipping itself with the capabilities to achieve its ambitions. This is reflected in the investments made in its products, […]

CSI Banking Priorities Survey Highlights Cybersecurity and Workforce as Top Two Concerns for 2022

-Results from CSI-Sponsored Survey of 279 Bank Executives Now Available- PADUCAH, Ky.–(BUSINESS WIRE)–Research released today from Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, suggests growing concerns among bank executives around recruiting and retaining talent as well as fighting cybercrime threats. In the company’s seventh annual Banking Priorities Survey, […]

Accenture Named a Leader in Platform IT Services for both Banking and Capital Markets by Everest Group

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has, for the second consecutive time, been named a Leader in platform IT services for banking and capital markets in a report by industry analyst firm Everest Group. In the report, titled “Platform IT Services in BFS PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market […]

WEX, Bestpass Make Tolling Easier for Over-the-Road Customers

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, and Bestpass, a comprehensive payment platform provider and leader in toll management solutions for commercial fleets in North America, today announced the launch of WEX Fleet Tolls powered by Bestpass. WEX Fleet Tolls powered by Bestpass gives WEX’s over-the-road (OTR) customers the option to […]

EMQ Accelerates Real-time Cross-border Payments across Europe to Support Global Enterprises

International payments now delivered within minutes in EUR to any banks in Europe via SEPA Instant Credit Transfer HONG KONG & LONDON–(BUSINESS WIRE)–#London–Global payments network EMQ deepens its reach across Europe by adding SEPA instant credit transfer (SCT Inst) capabilities to its network. This major enhancement further extends EMQ’s network infrastructure into the high-growth markets […]

Bank Indonesia Drives Country’s Real-Time Payment Ambitions with ACI Worldwide

BI-FAST—first ever national real-time payments infrastructure goes live in less than nine months MIAMI & JAKARTA, Indonesia–(BUSINESS WIRE)–#ACI—Bank Indonesia (BI), Indonesia’s central bank, has launched the country’s first real-time payments infrastructure, BI-FAST, driven by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software. BI-FAST is an integral part of Indonesia’s ongoing […]

CORRECTING and REPLACING Stratton Equities Announces Partnership with Lendsmart to Expedite its Underwriting Process

Stratton Equities will underwrite loans upfront and reduce the loan origination processing times using Lendsmart’s AI underwriting platform. NEW YORK–(BUSINESS WIRE)–#banking–Please replace the release dated January 24, 2022 with the following corrected version due to multiple revisions. The updated release reads: STRATTON EQUITIES ANNOUNCES PARTNERSHIP WITH LENDSMART TO EXPEDITE ITS UNDERWRITING PROCESS Stratton Equities will […]

Obie Launches Partnership with Digital Partners, a Munich Re Company

Obie to Offer Industry-first Instant Insurance Quotes for Real Estate Investors CHICAGO–(BUSINESS WIRE)–Obie is partnering with Digital Partners, a Munich Re company, to provide a new, instant insurance offering. This partnership will provide landlords with the ability to obtain bindable insurance quotes for their investment properties within minutes. “Providing an instant, affordable, and transparent insurance […]

Payfactory Announces Strategic Growth Investment from Bluefin to Bring Benefits of Payfac to Software Companies

Strategic investment combines Payfac with industry-leading payment security ATLANTA & TULSA, Okla.–(BUSINESS WIRE)–Payfactory, a fintech payment facilitator for software platforms, has announced a growth investment from Bluefin, the recognized integrated payments leader in P2PE encryption and vaultless tokenization technologies that protect payments and sensitive data. Formed by payments industry veterans and created for and by […]

Majesco Hosts Second Annual Strategic Partner Summit

Bringing system integrator partners and Majesco leadership together to share and discuss 2022 strategies and initiatives that help our customers shape the future of their business MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solution for insurance business transformation, today announced the successful completion of its second annual Strategic Partner Summit that brought […]

Workiva Inc. Reinforces Its Global XBRL Leadership Commitment With Acquisition of the Arelle® XBRL® Validation Platform

Workiva committed to keeping Arelle technology open-sourced, allowing organizations worldwide to continue easily reporting trustworthy, transparent data AMES, Iowa–(BUSINESS WIRE)–$WK #Acquisition—Workiva Inc. (NYSE: WK) announced today its acquisition of the Arelle® Extensible Business Reporting Language (XBRL®) validation platform. As part of its definitive agreement with Mark V Systems Limited, Workiva is now the primary steward […]

tru.ID, the Mobile Verification Platform, Expands Passwordless Device Authentication Solution to India, Adds Local Data Residency

tru.ID launches SIM-based authentication services in India to help digital banks, FinTechs and e-commerce companies prevent identity fraud and secure transactions LONDON–(BUSINESS WIRE)–#2fa—Mobile verification platform tru.ID has launched in India to make it easy for any digital bank, FinTech or e-commerce business to implement device binding for strong user authentication, and secure payments and transactions. […]

Exceptional Client Success Brings 100% Renewal Rate for Ignite Sales Customer Engagement Platform

More 2021 Success is Realized as 53% of Clients Purchased Additional Services DALLAS–(BUSINESS WIRE)–Ignite Sales, Inc., the leader in retail banking customer and member engagement technology, reports that the success of its clients with its customer engagement cloud platform resulted in a 100% customer renewal rate, and 53% of customers contracting for additional services from […]

CTBC Investments Selects ICE Index for CTBC Battery and Energy Storage Technology ETF

ATLANTA & NEW YORK & TAIPEI CITY, Taiwan–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that CTBC Investments Co., Ltd. (“CTBC Investments”) has selected the ICE FactSet® Battery and Energy Storage Technology Index for its CTBC Battery and Energy Storage Technology ETF. The ICE FactSet […]

XTM Reports 99.3% of Restaurants on Its Today™ Program Continued as Going Concerns Throughout Pandemic

MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to report that the majority of the hospitality organizations that have signed-on and are using its Today™ Program for […]

Cantaloupe Upgrades Yoke™ Micro Market Platform

The Newly Enhanced Yoke Micro Market Solution Transforms Yoke Pay™, Yoke POS™ and Yoke Portal ™ making them more intuitive, scalable and user optimized. MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #AI—Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the […]

Pagaya and Visa Announce Strategic Relationship to Enable Visa’s Merchant and Issuing Bank Partners to Expand Access to Credit

Pivotal relationship highlights Pagaya’s and Visa’s commitment to driving incremental growth for retailers and financial institution partners at scale NEW YORK–(BUSINESS WIRE)–Pagaya, a global technology company building artificial intelligence infrastructure for the financial ecosystem, and Visa, a world leader in digital payments, facilitating more than 160 billion payments transactions worldwide1, announced a strategic relationship that […]

Payfare and Cardlytics Partner to Launch Cash Back Rewards Program

Gig workers can now earn instant cash back with their Payfare cards 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 a new rewards program powered by Cardlytics (NASDAQ: CDLX). Payfare cardholders can now earn cash back when they shop thousands of […]

B2Broker Group Acquires Mauritius FSC Licence to Provide Multi-Asset Brokerage Services

MOSCOW–(BUSINESS WIRE)–#B2BX—B2Broker, a leading liquidity and technology provider of solutions to the Forex and financial services industry, has secured a licence from the Financial Services Commission (FSC) Mauritius, the company has announced. The licence has been acquired under the name of B2B Prime Services Limited, a member of the B2Broker Group of Companies, which as […]

LeaseLock Hits $3 Billion in Leases Insured

Insurtech increases housing accessibility for renters by replacing deposits across portfolios LOS ANGELES–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech provider for real estate, today announced a milestone achievement of $3 billion in leases insured for residential apartment homes. The milestone comes after the company experienced 400% growth in homes on platform over 2021, signaling accelerated industry […]

New Study Finds More Than 60% of Adult Women in the U.S. Experience Urinary Incontinence

IRVINE, Calif.–(BUSINESS WIRE)–Axonics, Inc. (Nasdaq: AXNX), a global medical technology company that is developing and commercializing novel products for the treatment of bladder and bowel dysfunction, today highlighted the publication of a new study that provides updated estimates of urinary incontinence (UI) prevalence in the U.S. The study, titled “Updated Prevalence of Urinary Incontinence in […]

Square Announces Official Launch in Spain After Successful Early Access Programme

Starting today, Spanish entrepreneurs will have access to Square’s wide range of software, hardware and payment solutions to help them start, run or grow their businesses Square’s Early Access Programme, which started in September 2021, allowed Spanish businesses to test Square’s integrated omnichannel solutions MADRID–(BUSINESS WIRE)–Square, the company specialising in software, payments, and hardware solutions […]

Square Announces Official Launch in Spain After Successful Early Access Programme

Starting today, Spanish entrepreneurs will have access to Square’s wide range of software, hardware and payment solutions to help them start, run or grow their businesses Square’s Early Access Programme, which started in September 2021, allowed Spanish businesses to test Square’s integrated omnichannel solutions MADRID–(BUSINESS WIRE)–Square, the company specialising in software, payments, and hardware solutions […]

Temenos Announces Infinity Digital for Salesforce to Combine Enhanced Customer Engagement With Industry Leading Banking Platform

Infinity Digital for Salesforce integrates with Salesforce Financial Services Cloud to help banks deliver smoother onboarding, origination and servicing experiences across all touchpoints SAN FRANCISCO & GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced the availability of Infinity Digital for Salesforce that brings together the worlds of CRM, assisted channels and digital channels […]

Minko Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic announced that Minko has completed a new implementation and is now live on its platform. This unique implementation will facilitate stronger credit decisions and help micro small and medium enterprises (MSMEs) gain easy access to credit for ultra-short durations ranging from seven to 30 days at the […]

Stratton Equities Chooses Lendsmart to Expedite its Underwriting Process

NEW YORK–(BUSINESS WIRE)–#banking—Lendsmart, an AI-driven digital lending platform, today announced its partnership with Stratton Equities, the leading Nationwide Direct Hard Money and NON-QM Lender that specializes in fast and flexible lending processes for borrowers with real estate investment properties. Stratton Equities is integrating with Lendsmart’s AI-powered underwriting platform to underwrite loans upfront and reduce the […]

INX Digital Makes Public Markets Debut on the NEO Exchange

Crypto trading platform selects NEO as listing venue to further accelerate its growth TORONTO–(BUSINESS WIRE)–$INXD #INX–Today, NEO welcomes the INX Digital Company, Inc. (“INX” or the “Company”), the owner of digital asset trading platforms, as the newest corporate listing partner on the NEO Exchange. INX is now available for trading under the symbol INXD. Founded […]

Financial Data Exchange (FDX) Reports 28 Million Consumer Accounts Use FDX API for Open Finance and Open Banking

Industry adoption of common, interoperable and market-led financial data sharing API standard continues to grow RESTON, Va.–(BUSINESS WIRE)–The Financial Data Exchange (FDX) today reports 28 million consumer accounts now use its FDX API for open finance and open banking data sharing. Since the group’s last report, more than one million additional consumer accounts were transitioned […]

Fidelity Investments® Launches Innovative New Regulatory Technology (RegTech) Business to Help Financial Institutions Create Compliant Public Communications

Developed in Fidelity Labs, SaifrTM Is Powered by Artificial Intelligence (AI) to Facilitate Creation, Approval, and Filing of Public Communications with Regulatory Organizations SaifrTM Offers Two Solutions, SaifrReviewTM and SaifrScanTM, That Leverage Data and Compliance Expertise to Mitigate Regulatory Risk and Speed-Up Compliance Review BOSTON–(BUSINESS WIRE)–Fidelity Investments® today announced the launch of Saifr, a regulatory […]

4Front Credit Union Chooses Scienaptic’s AI-Powered Platform For Advanced Credit Decisioning

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decision platform provider, Scienaptic announced today that 4Front Credit Union has selected its AI-based underwriting platform to strengthen the credit union’s loan portfolio by making advanced loan decisions using artificial intelligence. 4Front Credit Union is a member-owned financial cooperative in Traverse City serving members across Michigan. The credit union has […]

CapIntel Partners with Canadian Financial Services Leader Equitable Life® to Enhance Experience for Financial Advisors and Customers

CapIntel’s partnership with Equitable Life® signals accelerated movement within Canadian financial services leaders working with fintech companies to thrive in a digital world. TORONTO–(BUSINESS WIRE)–CapIntel, a financial technology (Fintech) company that supports wholesalers and financial advisors in their day-to-day workflow to deliver top-tier client service, today announced a partnership with Equitable Life. Leading companies are […]

Fintechs Launching Visions into Products Faster with Praxent Design and Development

Austin-based company wraps 2021 with strong momentum, completing digital transformation projects for nearly 20 financial services companies AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, completed 2021 with notable growth across its company and client roster. Highlights include new and expanded client relationships, strategic new hires and promotions, and the formation […]

ZuluTrade – World’s Largest Social Trading Platform Joins the Finvasia Group

PIRAEUS, Greece–(BUSINESS WIRE)–ZuluTrade is strongly positioned to become the biggest and the largest broker neutral social trading platform with acquisition by Finvasia Group. 2022 will see ZuluTrade strengthening its current capabilities and widen its product line by venturing into different markets and financial instruments. The expansion will include contemporary asset classes like cryptocurrencies and traditional […]

Pegasus Asia, Tikehau Capital’s Third Sponsored SPAC1 and First SPAC Backed by International Sponsors to be Listed on the Singapore Exchange Securities Trading Limited (SGX-ST), Raises S$170 Million

PARIS–(BUSINESS WIRE)–Regulatory News: Tikehau Capital (Paris:TKO), the global alternative asset management group, today announced that Pegasus Asia, its third sponsored SPAC globally and its first SPAC to be listed in Singapore has successfully raised S$170 million (equivalent to c. €111.2 million2) in its initial public offering. Similar to Pegasus Europe and Pegasus Entrepreneurs launched in […]

Insurity Completed 52 Customer Go-Lives On Its Configurable Cloud-Native Platform in 2021

These implementations of Insurity’s cloud-based solutions enable Insurity customers to seamlessly engage with an ecosystem of partners, services, and applications as they capitalize on emerging technologies and new business opportunities HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that it completed 52 go-lives on its cloud-based […]

Wellesley Hills Financial Represents IRIS CRM in Sale to Network Merchants, LLC.

NEWTON CENTRE, Mass.–(BUSINESS WIRE)–IRIS CRM (“IRIS”), the premier business management and CRM software provider for the payments industry, has been acquired by full commerce enablement platform, Network Merchants, LLC. (“NMI”), for an undisclosed sum. Wellesley Hills Financial, the Boston-based financial technology investment bank, served as IRIS’ exclusive strategic and financial advisor for the transaction. Founded […]

Factual Data® Announces Credit Integration With Newgen Loan Origination System

LOVELAND, Colo.–(BUSINESS WIRE)–#credit—Factual Data, a leading provider of credit and verification services to the lending industry, today announced a credit integration with Newgen Software’s commercial loan origination system (LOS). Newgen has been serving banks and credit unions with its banking solutions, including consumer and commercial lending and online account opening, for the last 20 years. […]

Lexop Achieves SOC 2 Type II Certification as it Reaffirms its Commitment to Higher Client Security and Confidentiality

The Successful Completion of a SOC 2® Type II Audit is a Testament to Lexop’s Compliance to Effectively Managing Data. MONTREAL–(BUSINESS WIRE)–#SOC2—Lexop, a self-service software that optimizes the repayment journey for customers, today announced that it has successfully obtained the Service Organization Control (SOC) 2 Type II certification, one of the world’s most valued and […]

Acrisure Broadens Platform with Cyber Services Division

Combines sophisticated Cybersecurity resources with innovative Cyber Risk Management GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, announced the formation of Acrisure Cyber Services. It joins Insurance, Reinsurance, Real Estate Services and Asset Management as divisions powered by Acrisure’s technology capabilities and global distribution network. Businesses in every […]

City of Monroe Partners With InvoiceCloud, Sees 41% Increase in Online Payments

InvoiceCloud’s platform gives residents secure, easy options to pay bills anytime MONROE, Mich. & BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart, Inc. (NYSE: ESMT) solution for online bill payment services, today announced that since partnering with the City of Monroe, Mich., to offer residents expanded options for paying bills online, electronic payment adoption has grown by 41%. With […]