Business Wire


Arkose Labs Capped Monumental Year with 2X Revenue Growth, Demonstrating Standout Sector Leadership in Fast-Growing, Fraud-Prevention Market

Customer growth accelerated across all industries, led by fintech, retail/ecommerce, and travel segments Strong financial performance and significant company milestones were achieved; demand from global enterprises surged for its fraud prevention and account security platform Global fraud detection and prevention market is projected to grow from $26.97 billion in 2021 to $141.75 billion in 2028, […]

Twig Raises $35M Series A Round to Fuel Web 3.0 Green Payment Infrastructure

Investment will help accelerate Twigs product and international expansion LONDON–(BUSINESS WIRE)–Twig, a London, UK circular economy fintech scaleup, announces its $35 million Series A round of financing. The investment will help the company accelerate delivering its Web 3.0 green payment infrastructure and boosting the roll out of its current suite of financial products. The Series […]

Acuity Knowledge Partners Adds 2,000 Employees to Near Double in Size as It Exceeds 2021 Growth Projections

LONDON–(BUSINESS WIRE)–#acuityknowledgepartners–Today, Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector, reveals the rapid growth that the firm experienced in 2021, across its global business. Acuity now supports over 400 banking, asset management, commercial banks and consulting firms. In 2021, the firm saw a substantial […]

Trulioo Improves Identity Verification Services in Ireland

With more extensive data coverage, organizations can reliably verify over 5 million consumers in the Irish market VANCOUVER, British Columbia–(BUSINESS WIRE)–#AML–Today Trulioo announced the enhancement of identity verification services in Ireland via Trulioo GlobalGateway, the world’s largest network of identity data and services. With GlobalGateway, organizations can securely access over 450 data types to perform […]

MonetaGo Commences Japan Operations led by Munetoshi Yamada

TOKYO, SINGAPORE & NEW YORK–(BUSINESS WIRE)–#MonetaGo—MonetaGo is pleased to announce the launch of operations in Japan beginning effective immediately. The Japanese business is led by Mr. Munetoshi Yamada, Managing Director Japan, based in Tokyo. Yamada-san brings with him a wealth of experience in the thriving Japanese financial sector having proven himself a senior leader at […]

Liberty Tax 2022 Brand Campaign Addresses “Taxiety” Head On

Campaign is led by two new marketing executives at Liberty Tax DALLAS–(BUSINESS WIRE)–$refund #2021taxseason—Liberty Tax, one of North America’s leading tax preparation companies, is further differentiating the brand in the financial industry with its new 2022 marketing campaign, “Taxiety.” Informed by research on culture and community, the more than 12,000 Liberty Tax professionals are armed […]

CBANC Launches Online B2B Fintech Marketplace for Credit Unions and Community Banks

CBANC Marketplace enables financial institutions to connect with hundreds of vendors to improve the purchase process AUSTIN, Texas–(BUSINESS WIRE)–#fintech—CBANC, the financial industry’s largest verified online community of banking and credit union professionals, announced today the launch of it’s comprehensive platform that includes the industry’s largest online marketplace of products and solutions designed specifically to meet […]

Tusk Strategies Launches First of Its Kind Crypto + FinTech Practice, Led by Eric Soufer

NEW YORK–(BUSINESS WIRE)–Building off a decade of helping the world’s fastest growing start-ups succeed by solving major regulatory and public affairs challenges, Tusk Strategies today announced the launch of a new practice area focused on Crypto + FinTech. The firm announced that the practice group will be led by Eric Soufer, a Tusk veteran who’s […]

TurbineOne Raises $3 Million to Deliver to Ground Forces the Information They Need to Navigate Dangerous Environments

Department of Defense organizations, including the U.S. Navy and U.S. Air Force, as well as commercial customers like Siemens choose TurbineOne for wearable AI and new levels of situational awareness TurbineOne’s Frontline Perception System breaks down data silos and delivers “Smart Alerts” at the tactical edge to keep people safe and boost mission success SAN […]

Guidewire Announces Aspire Systems, Inc. as new Consulting Alliance Partner

Global technology services company becomes the latest Guidewire PartnerConnect Consulting alliance member, providing P&C insurers digital transformation expertise OAK BROOK, Ill. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireJutro–Guidewire (NYSE: GWRE) announced that Aspire Systems, Inc., a global technology services firm providing digital transformation services, has joined Guidewire PartnerConnect as a Consulting alliance member at the Select […]

Advantage One Credit Union Selects Scienaptic’s AI-Powered Credit Underwriting Platform

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decision platform provider, Scienaptic announced today that Advantage One Credit Union has chosen its AI-based underwriting platform to complement its lending process and make advanced loan decisions. Founded in 1952, Advantage One Credit Union started with serving employees of McLouth Steel Corporation. Over the decades, the credit union has grown, […]

KKR Closes $4.0 Billion Health Care Strategic Growth Fund II

Successor Fund Reaffirms Firm’s Commitment to Investing in Innovative Health Care Growth Companies MENLO PARK, Calif. & NEW YORK–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced the final closing of KKR Health Care Strategic Growth Fund II (“HCSG II” or the “Fund”), a $4.0 billion fund dedicated to health care growth equity investment opportunities […]

BitNile Holdings’ Subsidiary, TurnOnGreen, Completes Initial Stage of a Multi-Phase Installation of EV Chargers at a Premier California Resort Destination

LAS VEGAS–(BUSINESS WIRE)–$AGH #AlisalGuestRanch—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has completed phase one of a multi-phase electric vehicle (“EV”) charger installation project at The Alisal Guest Ranch and Resort (“The Alisal”), in Solvang, California. The […]

EML’s Partner REPX Launches AS Roma’s Official Prepaid Card For Its European Soccer Fans

EML expands its sports-related digital footprint through REPX’s exclusive partnership with the Italian football team, AS Roma. LONDON–(BUSINESS WIRE)–EML Payments (ASX: EML) (S&P/ASX 200) powers REPX’s (CSE: REPX) innovative digital and physical payment product for fans in Europe of the Italian Serie A TIM soccer team, AS Roma. The beloved Yellow And Reds (Giallorossi) Head […]

Citizens State Bank Selects Lendsmart to Enhance Its Mortgage Lending Process

NEW YORK–(BUSINESS WIRE)–#banking—Citizens State Bank, a Wisconsin-based community bank focused on commercial and personal banking products, has selected Lendsmart, an AI-driven digital lending platform, to improve its digital lending operations and offer a seamless customer experience. With Lendsmart’s AI technology, Citizens State Bank will be able to process more loans and help their customers acquire […]

Auto Insurers Embrace AI at Scale in 2021

Insurtech Leader CCC Intelligent Solutions Reports a 50 Percent Year-Over-Year Increase in the Application of Advanced AI for Claims Processing Adoption of CCC’s AI-powered touchless estimating solution has doubled to 8 national insurers in the three months since launching the innovation CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions (CCC), the SaaS platform powering the P&C insurance economy, today […]

Rêv & Visit Mexico Establish Payments & Loyalty Innovations Partnership Focused On Strengthening Cross Border Travel Engagement

Collaboration Begins with the U.S. Launch of The X World Wallet™, An App-Based Reloadable Debit Account Combining Visa Acceptance, Peer-to-Peer Payments, Loyalty, and Travel Bookings for Added Value & Convenience Aimed at International Travelers AUSTIN, Texas & MEXICO CITY–(BUSINESS WIRE)–#bank—Today Rêv Worldwide, Inc. (“Rêv”), a global payments & loyalty product innovations company, and Visit Mexico, […]

Thiel Foundation Announces Next Thiel Fellow Class

New class includes 23 entrepreneurs in aviation, healthcare, AI, supply chain and more LOS ANGELES–(BUSINESS WIRE)–The Thiel Foundation today named 23 individuals as the next class of Thiel Fellows. The Fellowship program, which launched in 2011, encourages talented young people to pursue big ideas and start companies instead of attending college. “This class of fellows […]

Dataware Pioneer, Cinchy Named One of Canada’s Companies-to-Watch in Deloitte’s Technology Fast 50™ Program

TORONTO–(BUSINESS WIRE)–#Deloitte—Cinchy, the leading pioneer in the fast-growing Dataware space, today announced that it has received the prestigious Deloitte Technology Fast 50 Companies-to-Watch 2021 award. The program spotlights emerging companies that exhibit strong growth and show potential to be a future candidate of the Technology Fast 50 award. Cinchy CEO and co-founder, Dan Demers credits […]

Customers Bank Deepens Commitment to Cryptocurrency and Digital Asset Clients with Team Recruitment

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bank, a top 100 digital forward commercial and consumer bank with approximately $19.1 billion in assets and the subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), has made large-scale, strategic investments to broaden the depth and expertise of its Digital Asset Banking Team that supports the needs of commercial cryptocurrency and digital […]

ICE Announces That a Record 27,876 MICRO NYSE FANG+™ Index Futures Traded on January 4

NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 27,876 Micro NYSE FANG+™ Index futures traded on January 4, 2022. “2021 was a remarkable year for the U.S. technology sector and there has been a lot of attention on the FAANG stocks and […]

Introducing Step Savings Goals & Instant Cash Deposits

Now offering the next generation a better way to save and instantly deposit cash. PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution for the next generation, today announced Step Savings Goals, a free financial product built specifically for the way teens want to save. In addition, Step customers can now instantly deposit their cash at […]

CSI Partners with NYDIG to Provide Financial Institutions Simple, Secure Access to Bitcoin

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with NYDIG, a leading bitcoin company, to offer a full suite of turnkey Bitcoin services to community financial institutions. Powered by NYDIG, the new offering allows banking customers to buy, sell, and hold bitcoin directly within CSI’s […]

CLARA Analytics Streamlines Workers’ Compensation Case Management With Treatment Summary

SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today released Treatment Summary, which applies industry-leading AI technology to automate medical records transcription, extract and organize important case details, and make that information available to adjusters and nurse case managers (NCMs) on demand. CLARA’s Treatment […]

Soracom Now Connects More Than 4 Million IoT Devices Worldwide

Rapid growth driven by strong uptake in connected consumer electronic devices LAS VEGAS & SEATTLE–(BUSINESS WIRE)–Soracom, Inc., a global provider of advanced IoT connectivity, today announced that its Soracom Air wireless data service now keeps more than 4 million devices connected around the world. The growth – up from 3 million announced in June 2021 […]

Prove Partners with The Knoble to Fight Human Trafficking and Other Human Crimes

Partnership aims to protect vulnerable and targeted populations from exploitation and abuse by leveraging digital identity expertise NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced a partnership with The Knoble, a global non-profit network of experts working to stop human trafficking. Through the partnership, Prove will provide digital identity expertise […]

Blackboxstocks, Inc. Releases Shareholder Update

DALLAS–(BUSINESS WIRE)–Blackboxstocks Inc. (NASDAQ: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today released a shareholder update. Dear Shareholders, As we close the books on 2021, and the new year is upon us, I would like to recap some of the […]

Rêv Enters U.S. Payments Market With The Launch of The X World Wallet™ Super App

Fintech Innovator Launches App Combining Visa Debit Card Acceptance, Real-Time Foreign Currency Exchange, Loyalty Program, Peer to Peer Payments, and An Integrated Travel Bookings Portal Promising More Value to U.S. Consumers With A Commitment to Global Climate Sustainability AUSTIN, Texas–(BUSINESS WIRE)–#bank—Today, Rêv USA, Inc. (“Rêv”), a payment products innovations company, announced the nationwide availability of […]

Best’s Review Examines In-Person Conference Developments and Industry Innovations for 2022

OLDWICK, N.J.–(BUSINESS WIRE)–The January issue of Best’s Review looks at what worked for in-person events in 2021 and what organizers are doing to prepare for them in 2022 in the following articles: The photo essay, “We Meet Again: Insurers Return to the Public Space,” shows the Wholesale & Specialty Insurance Association’s in-person Annual Marketplace last […]

Employee Benefit Insurance Carriers Meet COVID Vaccination Accommodation Requests with the FINEOS Integrated Disability and Absence Management (IDAM) Solution

The FINEOS IDAM solution provides carriers a comprehensive, interactive, and holistic solution to manage COVID-19 vaccination and masking accommodation requests to meet employer and government mandates. ATLANTA–(BUSINESS WIRE)–#covid19—FINEOS Corporation (ASX:FCL) reaffirms that the FINEOS Integrated Disability and Absence Management (IDAM) solution provides an interactive, holistic, and compliant approach to record, adjudicate, and track a multitude […]

Synovus to Offer a New Mobile Virtual Visa Commercial Credit Card Solution

COLUMBUS, Ga.–(BUSINESS WIRE)–Synovus today announced a collaboration with Visa to offer a mobile virtual commercial credit card solution. The new solution enables businesses to instantly generate and send virtual Visa credit cards to employees, vendors, and contractors through a mobile app and leverages Visa Commercial Pay, a suite of business-to-business payment solutions designed to improve […]

Acrisure Expands Technology Platforms with Acquisition of Appalachian Underwriters

Acquisition of MGA Further Broadens Depth of Acrisure’s Data and AI Strategy GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, today announced it acquired Appalachian Underwriters, a national Managing General Agency (MGA) and U.S. Administrator Claims, a Third-Party Administrator (TPA), in addition to affiliated entities. With a model […]

United Surety & Indemnity Company Expands Market Offerings with Launch of General Liability Product for Commercial Line of Business on Majesco P&C Core Suite

The next-gen core suite foundation enables a fresh focus on innovation to increase market share and growth MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced United Surety & Indemnity Company (USIC), a property and surety provider, expanded their market offering with the launch of General Liability […]

CORRECTING and REPLACING Modern Age Cards Through Modern Age AI: Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform

Fintech start-up expects to approve more credit profiles and streamline decisioning processes NEW YORK & BANGALORE, India–(BUSINESS WIRE)–Please replace the release dated January 3, 2022 with the following corrected version due to multiple revisions. The updated release reads: MODERN AGE CARDS THROUGH MODERN AGE AI: UNI CARDS TO DEPLOY SCIENAPTIC AI-POWERED CREDIT DECISIONING PLATFORM Fintech […]

ICE Announces Launch of Its Fixed Income Quotation Transparency Service

ICE solution can help customers meet requirements under recent SEC Rule 15c2-11 amendments ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of its leading-edge service that is designed to enable broker-dealers to meet the new requirements resulting from recent amendments […]

Corvus Insurance Acquires Lloyd’s Coverholder Tarian Underwriting Limited

Deal cements Corvus as the world’s leading Cyber InsurTech underwriter BOSTON–(BUSINESS WIRE)–Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced that it has acquired Tarian Underwriting Limited from Beat Capital Partners Ltd. Tarian is the leading cyber underwriting platform providing market-leading solutions to an ever-changing cyber risk […]

De Novo Cypress Bank & Trust Selects CSI’s NuPoint® Core Platform to Provide Tech Foundation for Integrated Banking Services

PADUCAH, Ky.–(BUSINESS WIRE)–Palm Beach, Florida-based Cypress Bank & Trust, a de novo bank serving markets across Florida, has selected Computer Services, Inc.’s (CSI) (OTCQX: CSVI) NuPoint® core platform as the backbone of its integrated banking services. The bank selected CSI, a provider of end-to-end fintech and regtech solutions, for its shared commitment to service and […]

Credit Union of Georgia Chooses Scienaptic for Enhanced AI-Powered Credit Decisioning

NEW YORK–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decisioning disruptor, announced that Credit Union of Georgia has selected its AI-powered platform, augmenting the credit union’s underwriting capabilities to make faster, stronger credit decisions, increasing loan approvals and enhancing members’ experiences. Originally founded to serve the financial needs of the faculty, staff, and students in […]

Modern Age Cards Through Modern Age AI: Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform

Fintech start-up expects to approve more credit profiles and streamline decisioning processes NEW YORK & BANGALORE, India–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decision platform provider, announced the deployment of its technology for Uni Cards. This implementation will enable Uni Cards to expand credit access in India by providing instant decisions to applicants and […]

Kinsale Capital Group Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Kinsale Capital Group, Inc. (NYSE: KNSL) has completed its listing transfer and will begin trading today as an NYSE-listed company. Kinsale Capital will now be able to leverage all […]