Business Wire

Esker Launches Esker Pay, a Comprehensive Set of Payment Capabilities and Strategic Fintech Partnerships thumbnail

Esker Launches Esker Pay, a Comprehensive Set of Payment Capabilities and Strategic Fintech Partnerships

LYON, France & MIDDLETON, Wis.–(BUSINESS WIRE)–Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, today announced the launch of Esker Pay, an extensive set of integrated payment capabilities and strategic Fintech partnerships to help businesses unlock cashflow. Fully integrated with Esker’s Procure-to-Pay and Order-to-Cash solution suites, […]

FRISS: Tower Pinpoints Fraud to Enable Faster Claims With New AI Partnership thumbnail

FRISS: Tower Pinpoints Fraud to Enable Faster Claims With New AI Partnership

Tower partners with Dutch AI-based solution FRISS to automate and accelerate claims process AUCKLAND, New Zealand–(BUSINESS WIRE)–#AI–Tower is set to further automate the process of detecting genuine and suspicious claims in real time, to allow for a faster process for customers in need. The automated system is made possible through Tower’s international partnership with Dutch […]

Nymbus Relocates Corporate Headquarters to Jacksonville thumbnail

Nymbus Relocates Corporate Headquarters to Jacksonville

New Downtown Office Connects Nymbus with Surrounding Partners JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it will open a new corporate headquarters office located in Jacksonville, Florida. Nymbus has established a local staff presence in the Florida city owing to its collaboration with Jacksonville-based VyStar Credit Union. The landmark partnership […]

NFX Launches $450 Million Pre-seed and Seed Fund thumbnail

NFX Launches $450 Million Pre-seed and Seed Fund

NFX’s Fund III, its largest fund to date, and one of the largest pre-seed and seed-focused funds ever, doubles down on early seed stage startups focusing on a broad range of sectors including fintech, marketplaces, gaming, proptech — and now a greater focus on crypto and tech-bio SAN FRANCISCO–(BUSINESS WIRE)–NFX, the leading seed-stage venture firm, […]

CompoSecure Named New Jersey’s Top Innovator by New Jersey Manufacturers Extension Program thumbnail

CompoSecure Named New Jersey’s Top Innovator by New Jersey Manufacturers Extension Program

The NJMEP award honors CompoSecure’s signifcant growth and innovation SOMERSET, N.J.–(BUSINESS WIRE)–#BusinessAwards—CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced it was named the winner of the 2021 New Jersey Innovator of the Year Award by the New Jersey Manufacturing Extension Program […]

Avaya Cloud Office Enables Fintech Firms to Improve Communication, Flexibility and Reduce Risk thumbnail

Avaya Cloud Office Enables Fintech Firms to Improve Communication, Flexibility and Reduce Risk

RALEIGH-DURHAM, N.C.–(BUSINESS WIRE)–Avaya (NYSE: AVYA), a global leader in solutions to enhance and simplify communications and collaboration, is providing the fintech industry with much needed flexibility and the ability to notably increase productivity and user satisfaction. InspereX is a new tech-driven, fixed income and market-linked product distribution and trading firm, with a mission to break […]

Avetta Partners With NEXT Insurance to Provide Small Businesses in the Supply Chain With Affordable Coverage thumbnail

Avetta Partners With NEXT Insurance to Provide Small Businesses in the Supply Chain With Affordable Coverage

Avetta-NEXT partnership helps suppliers save time and money by providing instant access to wide variety of insurance products at competitive rates OREM, Utah–(BUSINESS WIRE)–#riskmanagement—Avetta®, the leading provider of supply chain risk management software, announced today a unique partnership with NEXT Insurance, the leading insurtech company transforming small business insurance, to offer suppliers with affordable and […]

POSaBIT and Alpine IQ Announce Point of Sale Loyalty Integration thumbnail

POSaBIT and Alpine IQ Announce Point of Sale Loyalty Integration

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, is excited to announce a deep integration partnership with Alpine IQ, the leading data and marketing solutions provider for cannabis retailers. This two-way integration at the point of sale allows for a frictionless experience for customers and dispensaries. […]

New OL Hub from OpenLegacy Drives Digital Transformation and Productivity for Enterprises with End-to-End “API Factory” thumbnail

New OL Hub from OpenLegacy Drives Digital Transformation and Productivity for Enterprises with End-to-End “API Factory”

OpenLegacy (OL) Hub brings the simplicity, speed, and standardization of cloud-native development to enterprises with legacy core systems. Introduces the only all-in-one digital modernization platform built to unlock cloud-first development with core system data and assets. OL Hub enables rapid generation of digital services, extends legacy functionality, and manages, maintains and streamlines usage of legacy […]

Digital Motors Expands Online Sales Platform into Marine Industry thumbnail

Digital Motors Expands Online Sales Platform into Marine Industry

Leading Automotive Digital Retail Software Demonstrates Its Versatility IRVINE, Calif.–(BUSINESS WIRE)–Digital Motors, the award-winning digital retailing platform for the automotive industry, has proven the unique configurability of its product by providing an online retailing solution for the nation’s more than 4,000 recreational boat and yacht retailers. Since Digital Motors’ launch, the platform has established itself […]

Scanco and CoreChain Announce Integrated B2B Payments and Supply Chain Finance Solution thumbnail

Scanco and CoreChain Announce Integrated B2B Payments and Supply Chain Finance Solution

Combined Technologies to Make Blockchain-Powered Payments and Financing Available to Warehousing and Manufacturing Industries NEW HAVEN, Conn. & SARASOTA, Fla.–(BUSINESS WIRE)–#Sage—Scanco Software, the leader in warehouse, manufacturing and supply-chain management solutions for Sage, and CoreChain Technologies, the digital B2B payments network built on blockchain, today announce that they are partnering to co-develop an integration of […]

Global Processing Services Continues International Expansion with Launch of MENA Headquarters thumbnail

Global Processing Services Continues International Expansion with Launch of MENA Headquarters

The award-winning global payments processor sets up regional hub to promote its innovative offering throughout MENA, led by ex-Majid Al Futtaim payments expert, Arnav Rath, as Head of Region DUBAI, United Arab Emirates–(BUSINESS WIRE)–Global Processing Services (GPS), the Paytech Pioneer™ behind some of the world’s biggest fintech challengers, today announces that it has officially launched […]

Majesco Accelerates Growth, Product Innovation, Cloud Adoption, Partner Reach, and Market Leadership with Thoma Bravo in Just 12 Months thumbnail

Majesco Accelerates Growth, Product Innovation, Cloud Adoption, Partner Reach, and Market Leadership with Thoma Bravo in Just 12 Months

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced an update on its business strategy acceleration and the company’s massive growth over the last year since its acquisition by Thoma Bravo, a leading software investment firm. “This year has been incredible on all fronts of the business, […]

BlockFills Launches “Phoenix,” the Most Advanced SaaS Crypto Platform thumbnail

BlockFills Launches “Phoenix,” the Most Advanced SaaS Crypto Platform

Technology Will Help Institutions Access Liquidity in Digital Asset Markets 24/7 CHICAGO–(BUSINESS WIRE)–#BlockFills—BlockFills, a fast-growing global cryptocurrency and digital asset technology company, today announced the release of Phoenix, a first-of-its-kind SaaS crypto interface designed for institutional clients to access the company’s proprietary cryptocurrency trading technology and liquidity. Phoenix arms institutions with the technology they need […]

Challenger Bank Cheese To Accept Alternative Forms of Identification

Challenger Bank Cheese To Accept Alternative Forms of Identification

Move Expands Financial Access For All Americans, Including Immigrants PASADENA, Calif.–(BUSINESS WIRE)–Cheese, the revolutionary challenger bank and social cause platform, today announced it is expanding access to its banking services by offering alternative methods of identification to open an account for customers without social security numbers. As an alternative to sharing a social security number, […]

40% of Consumers Likely to Leave Primary Financial Institution thumbnail

40% of Consumers Likely to Leave Primary Financial Institution

Report identifies strategies for responding to new set of consumer expectations SAN MATEO, Calif.–(BUSINESS WIRE)–Finalytics.ai powers segment-of-one digital experiences for credit unions and community financial institutions. The company has announced results from a recent survey conducted by The Harris Poll that investigates consumers’ digital banking preferences. 1,934 Americans over the age of 18 were surveyed. […]

DataVerify® Announces Integration with Rocket Companies’ Nexsys Technologies® thumbnail

DataVerify® Announces Integration with Rocket Companies’ Nexsys Technologies®

Move gives lenders instantaneous homeowners insurance data from a single source ST. LOUIS–(BUSINESS WIRE)–#FEMA—DataVerify®, a leading provider of data verification, risk mitigation and workflow automation services, today announced an integration with Rocket Companies’ (NYSE: RKT) Nexsys Technologies®. DataVerify will directly connect with Nexsys Clear HOIsm, a tool from Nexsys Technologies that automates the verification of […]

PayNearMe Introduces MoneyLine, a Next-Gen Platform Developed to Simplify the Payment Experience for iGaming Players and Operators thumbnail

PayNearMe Introduces MoneyLine, a Next-Gen Platform Developed to Simplify the Payment Experience for iGaming Players and Operators

PlayLive! Casino leverages MoneyLine™, powered by PayNearMeⓇ, to improve the player experience by streamlining deposit flows and accelerating payouts LAS VEGAS–(BUSINESS WIRE)–#BigNews–GLOBAL GAMING EXPO (G2E) — PayNearMe, the modern and reliable payments experience company known for making payments easy for both businesses and customers, today announced MoneyLine, the company’s new platform designed to manage the […]

OneSpan Wins CyberSecurity Breakthrough Award for Mobile Security Innovation for Second Consecutive Year thumbnail

OneSpan Wins CyberSecurity Breakthrough Award for Mobile Security Innovation for Second Consecutive Year

Leading banks around the world use OneSpan’s Mobile Security Solutions to secure transactions for millions of their remote banking customers CHICAGO–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced that its OneSpan Mobile Security Suite (MSS) has been named “Overall Mobile Security Solution of the Year” for the second […]

Summit Partners Raises $8.35 Billion for Eleventh U.S. Growth Equity Fund thumbnail

Summit Partners Raises $8.35 Billion for Eleventh U.S. Growth Equity Fund

Latest flagship fund brings total capital raised to more than $10.5 billion since the start of 2020 BOSTON & MENLO PARK, Calif. & LONDON–(BUSINESS WIRE)–#GrowthEquity–Summit Partners, a global alternative investment firm, today announced the first and final closing of its latest flagship U.S. growth equity fund. Launched in June 2021, Summit Partners Growth Equity Fund […]

eMaxx Enters Its Fourth Year of Operations as a Captive Program Administrator Surpassing $100M With Technology Focused Model Proven to Drive Down Loss Cost thumbnail

eMaxx Enters Its Fourth Year of Operations as a Captive Program Administrator Surpassing $100M With Technology Focused Model Proven to Drive Down Loss Cost

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, a tech-enabled specialty provider of variable cost commercial property and casualty insurance programs, entered its fourth year of operations as a program administrator reaching a significant milestone of $100M of in force premium for its captive programs. eMaxx’s managed captive programs have seen an over fifty percent reduction in frequency, which has […]

Best’s Review Examines the Latest Developments in Cyberrisk thumbnail

Best’s Review Examines the Latest Developments in Cyberrisk

OLDWICK, N.J.–(BUSINESS WIRE)–The October issue of Best’s Review reports on how insurers are responding to the increase in ransomware attacks. In “Cyberattacks: Insurers Defend Against Ransomware,” cyber insurers discuss how they are working with the government and one another to control losses and maintain a market. Best’s Review speaks with Erik Weinick, attorney and co-founder, […]

AptPay and NRT Technology Launch Instant Payout Service for the Casino & Gaming Industry thumbnail

AptPay and NRT Technology Launch Instant Payout Service for the Casino & Gaming Industry

LAS VEGAS–(BUSINESS WIRE)–#G2E—AptPay, a payment processor disrupting how companies send money from across the street, to around the world, has partnered with NRT Technology and Mastercard to enable casinos and online gaming sites to instantly disburse winnings into a bank account, prepaid card or mobile wallet for guests and players. This service, called smartSEND, will […]

Clair Launches Fee-Free Payday Wallet at the HR Tech Conference thumbnail

Clair Launches Fee-Free Payday Wallet at the HR Tech Conference

LAS VEGAS–(BUSINESS WIRE)–#earnedwageaccess—Clair, a New York-based social impact fintech startup, is debuting its trademark product, a fee-free Payday Wallet, at the HR Tech Conference happening here this week. With this launch, the company is separating itself from traditional fee or tip-based earned wage access providers and solidifies its place as the leading mission driven, fee-free […]

Onfido Wins “Fraud Prevention Innovation of the Year” in the 2021 CyberSecurity Breakthrough Awards thumbnail

Onfido Wins “Fraud Prevention Innovation of the Year” in the 2021 CyberSecurity Breakthrough Awards

CyberSecurity Breakthrough honors Onfido for its innovative fraud prevention technology powering fast and secure remote identity verification SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication company, today announced that it has been honored for its innovative fraud prevention technology. The company won “Fraud Prevention Innovation of the Year” at the 2021 CyberSecurity Breakthrough Awards, […]

AEGIS Hedging Solutions Update on SEF Registration for Certain CTAs

AEGIS Hedging Solutions Update on SEF Registration for Certain CTAs

THE WOODLANDS, Texas–(BUSINESS WIRE)–AEGIS Hedging Solutions (“AEGIS”), a leading Commodity Trading Advisor (“CTA”) and fintech provider for commodity and rate markets, has been tracking the developments related to yesterday’s staff advisory issued by the Commodity Futures Trading Commission (“CFTC”) regarding the need for certain CTAs to register their trading facilities as Swap Execution Facilities (“SEFs”). […]

Razer Leads the Way to Peak Performance With a Focus on Esports Wellness thumbnail

Razer Leads the Way to Peak Performance With a Focus on Esports Wellness

Razer’s brand-new “Champions Start from Within” Wellness Program will provide professional and emerging esports athletes with a one-stop resource to manage their physical and mental welfare. IRVINE, Calif.–(BUSINESS WIRE)–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today launches the “Champions Start from Within” esports wellness program, which seeks to promote […]

KBC Partners with Personetics to Boost Digital Customer Engagement and Financial Wellness thumbnail

KBC Partners with Personetics to Boost Digital Customer Engagement and Financial Wellness

BRUSSELS & TEL AVIV, Israel–(BUSINESS WIRE)–KBC, a leading multi-channel bank-insurance group with a geographic focus in Europe, has partnered with Personetics, the leading global provider of financial-data-driven personalization and customer engagement solutions for financial services. The companies will be working together to deliver multi-lingual, proactive, data-driven solutions to increase customer engagement on KBC’s mobile application […]

Technology Veteran and Longtime Investor Adam Nash Reinvents Charitable Giving With the Launch of Daffy, the Donor-Advised Fund for You™ thumbnail

Technology Veteran and Longtime Investor Adam Nash Reinvents Charitable Giving With the Launch of Daffy, the Donor-Advised Fund for You™

Now anyone can make giving a habit—set cash, stock, or crypto aside, watch it grow tax-free, and donate to more than 1.5 million charities in the U.S, right from your phone SAN FRANCISCO–(BUSINESS WIRE)–#Acorns—Daffy Charitable, an online community based on an innovative new financial platform for giving, emerged from stealth today with a mission to […]

Socure Announces 750 Customer Milestone as Demand Accelerates for the Industry-Leading Socure ID+ Identity Verification and Fraud Platform thumbnail

Socure Announces 750 Customer Milestone as Demand Accelerates for the Industry-Leading Socure ID+ Identity Verification and Fraud Platform

Socure Reports Massive Customer Growth of 277% and Net Retention Rate of 177% in 2021 Driven by Rapid Adoption of All Solutions Across the Platform NEW YORK–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced it has passed a key milestone of 750 customers, marking a 277% increase in new […]

CLARA Analytics and Unqork Partner To Deliver No-Code AI Workers’ Comp Claims Management Oversight thumbnail

CLARA Analytics and Unqork Partner To Deliver No-Code AI Workers’ Comp Claims Management Oversight

Partnership Will Empower Chief Risk Officers and Insurance Carriers SANTA CLARA, Calif. & NEW YORK–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI)-driven workers’ compensation claims management tools, today announced a partnership with Unqork, the leading enterprise no-code platform, to bring CLARA’s predictive AI analytics to enterprise risk managers and insurance carriers through […]

BlackRock Launches New Tool to Help Advisors Allocate to Private Markets thumbnail

BlackRock Launches New Tool to Help Advisors Allocate to Private Markets

NEW YORK–(BUSINESS WIRE)–With interest rates near record lows and stock market valuations near record highs, many advisors are looking to private markets to diversify and potentially amplify returns for their clients. BlackRock has launched the Expected Return Analyzer, an innovative portfolio analysis tool, to help advisors meet that need. Powered by BlackRock’s Aladdin® technology, the […]

Trifacta Establishes New Presence in Asia-Pacific to Support Increased Demand for Cloud Data Engineering thumbnail

Trifacta Establishes New Presence in Asia-Pacific to Support Increased Demand for Cloud Data Engineering

Key investments and partners support Trifacta’s new regional presence in Singapore and growing presence in India, along with new regional executive leadership SINGAPORE & BENGALURU, India–(BUSINESS WIRE)–Trifacta, the Data Engineering Cloud company, today announced its continued expansion into Asia Pacific and Japan (APJ), with a new regional presence in Singapore and Bengaluru. These new locations […]

Majesco Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for P&C Core Platforms, North America thumbnail

Majesco Recognized as a Leader in 2021 Gartner® Magic Quadrant™ for P&C Core Platforms, North America

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Leader in the September 2021 Gartner Magic Quadrant for P&C Core Platforms, North America [1]. The report, which includes 12 vendors states, “P&C insurance CIOs will find vendors taking differing approaches […]

OMNI Community Credit Union Launches JHA PayCenter through Partnership with Member Driven Technologies thumbnail

OMNI Community Credit Union Launches JHA PayCenter through Partnership with Member Driven Technologies

Credit union delivers faster payments capabilities as part of digital transformation FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that OMNI Community Credit Union has gone live with Jack Henry’s JHA […]

EML Completes the Acquisition of Sentenial and Enters the Open Banking Market In Europe thumbnail

EML Completes the Acquisition of Sentenial and Enters the Open Banking Market In Europe

EML heralds its flagship entry into open banking with the innovative Nuapay brand through the strategic acquisition of Sentenial Group BRISBANE, Australia–(BUSINESS WIRE)–EML Payments’ (ASX:EML) (S&P/ASX 200) much-anticipated acquisition of Sentenial Limited and its wholly-owned subsidiaries (“Sentenial”) has been approved by the French and U.K. financial regulators; L’Autorité de contrôle prudentiel et de résolution (ACPR) […]

CORRECTING and REPLACING Paysend Partners with Flinks to Simplify Money Transfers for Canadians thumbnail

CORRECTING and REPLACING Paysend Partners with Flinks to Simplify Money Transfers for Canadians

CALGARY, Alberta–(BUSINESS WIRE)–Please replace the release with the following corrected version due to multiple revisions. The updated release reads: Paysend Partners with Flinks to Simplify Money Transfers for Canadians Paysend, the next-generation payment platform enabling customers and businesses all around the world to pay, hold and send money online anywhere, anyhow and in any currency, […]

D.A. Davidson Releases The Herd 2021 Featuring the Top 100 Privately-held Emerging Technology Companies in the U.S. thumbnail

D.A. Davidson Releases The Herd 2021 Featuring the Top 100 Privately-held Emerging Technology Companies in the U.S.

Ranging from rising startups to late-stage funded giants, companies in The Herd stand out for their exciting innovation, growth and market positioning NEW YORK–(BUSINESS WIRE)–#DADavidsonIB–D.A. Davidson & Co. has released its annual The Herd report featuring the top 100 privately-held technology companies based in the U.S. largely falling within D.A. Davidson core areas of expertise; […]

National Black Bank Foundation and JAM FINTOP Partner to Modernize, Uplift Community-Driven Minority Banks 

National Black Bank Foundation and JAM FINTOP Partner to Modernize, Uplift Community-Driven Minority Banks 

ATLANTA–(BUSINESS WIRE)–The National Black Bank Foundation (NBBF), a racial justice nonprofit working to ensure communities of color can access capital and build wealth through a robust Black banking sector, and JAM FINTOP, a joint venture between Jacobs Asset Management and FINTOP Capital that endeavors to accelerate technology adoption at community banks across the country, announced […]

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