Business Wire


BitNile Holdings Issues 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. BitNile plans to focus its mining efforts at the Michigan data center and intends to sell the 1,600 S9 Antminers at the Indiana location. The number of […]

Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance

AUSTIN, Texas–(BUSINESS WIRE)–Working together in pursuit of innovating insurance for the better, the insurtech, Assurely, and the Executive Liability Division of Great American Insurance Group announced today an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to, those leveraging […]

Great American Insurance Group’s Executive Liability Division and Assurely Begin Relationship Towards a New Era of Insurance

CINCINNATI–(BUSINESS WIRE)–Working together in pursuit of innovating insurance for the better, the Executive Liability Division of Great American Insurance Group and the insurtech, Assurely, announced today an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to, those leveraging the […]

SmartAsset Launches Simpler Road to Retirement TV Ad Campaign With Marketing Architects

MINNEAPOLIS–(BUSINESS WIRE)–#advertising—SmartAsset, an online destination for financial advice and marketplace that connects consumers to financial advisors, launched a national TV campaign this week in partnership with All-Inclusive TV agency Marketing Architects. Founded in 2012, SmartAsset is an award-winning financial technology company that helps more than 75 million people each month make smart financial decisions through […]

MDT Elevates Jennifer Lee to Vice President of Software and Data Services

CUSO promotes long-time employee to lead software services, application support and data analytics 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 Jennifer Lee has been promoted to vice president of […]

Modyo and TODO1/iuvity Sign Agreement to Power a New Breed of Digital Financial Solutions

MIAMI & AMSTERDAM–(BUSINESS WIRE)–It gives us great pleasure to announce today that TODO1/iuvity’s solutions will have the frontend digital financial experience powered by Modyo integrated with TODO1/iuvity’s Open Service Platform. With more than 20 years of digital financial experience, TODO1 is an industry leader powering important financial institutions in Latin America that have served more […]

SmartMetric, the Developer of the Biometric Secured Credit Card, Says the Continued Blow Out in the Cost of Fraud for United States Merchants, Now Estimated at More Than $39 Billion, Is Unsustainable

NEW YORK–(BUSINESS WIRE)–#Amerisave–SmartMetric, Inc. (OTCQB: SMME): The LexisNexis cost of fraud report for 2021 has shown a significant increase since just before COVID-19. Every $1 of fraud costs U.S. merchants $3.60 compared to $3.13 in the pre-COVID time period (+15.0%). The significant percent of identity-related fraud continues to be at the point of sale. 1 […]

iBLOXX Proprietary Trading Announces DMCC Crypto Trading License

DUBAI, United Arab Emirates–(BUSINESS WIRE)–iBLOXX Proprietary Trading DMCC, a fin-tech trading firm based in Dubai, announced last week that they have been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for a variety of instruments across traditional […]

ICE Benchmark Administration to Launch GBP SONIA Spread-Adjusted ICE Swap Rate® as a Benchmark on January 4, 2022

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022. The launch follows the successful publication […]

Axos Bank Named One of the Best Online Banks for Fourth Consecutive Year

MyBankTracker also gives top honors to Axos Bank’s Rewards Checking and High-Yield Savings accounts SAN DIEGO–(BUSINESS WIRE)–#bankingevolved–Axos Bank has been named among America’s Best Online Banks for the fourth year in a row, according to the independent financial comparison site MyBankTracker.com. “Axos Bank provides a comprehensive range of deposit and loan products that beat the […]

XTM Provides 2021 Year in Review

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 for the hospitality and personal care industries throughout North America, is pleased to provide a business update and review of 2021 accomplishments. 2021 Highlights […]

ixFintech Group Limited Announces Launch of ixWallet 2.0 and Plans to Launch New Asset-backed TeaCoin

HONG KONG–(BUSINESS WIRE)–IX Fintech Group Limited (ixFintech) is honoured to announce the successful integration of privacy identity authentication and post quantum computing security into ixWallet to safeguard users’ identity against cybersecurity risk. In Q1 2022, the company also aims to launch ixPoint, the company’s first-ever reward point scheme, as well as the first asset-backed TeaCoin. […]

Inveniam Announces Board of Directors and Assets on Platform Milestone

Formulation of 10-strong board including the Mayor of Miami will help steward Inveniam as it passes $5 billion in assets on the Inveniam.io platform MIAMI–(BUSINESS WIRE)–Inveniam Capital Partners, Inc, a fintech company bringing transparency to data-rich private market assets, announced today the makeup of its board of directors and the surpassing of $5 billion in […]

Mogo Launches MogoTrade Commission-Free Stock Trading App

Canada’s only commission-free app with free real-time streaming quotes Marks Mogo’s entry into Canada’s fast-growing market for commission-free trading VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced the launch and phased rollout of MogoTrade, a stock trading app that sets a new bar […]

Swedish Insurtech Paydrive Partners With CMT to Enhance its Telematics Platform

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Paydrive, the Nordic region’s leading insurtech in car insurance, is partnering with Cambridge Mobile Telematics (CMT), the global leader in smartphone telematics, to upgrade its unique pricing engine with industry-leading driving intelligence. Paydrive’s innovative premium-setting engine, the Quarterly Optimized Telematics Algorithm (or QOTA) will receive new driving data and rating insights from CMT’s […]

Numerica Credit Union Goes Live With Scienaptic’s AI-Powered Credit Underwriting Platform

Initial tests show potential for up to 27% more approvals, 20% risk reduction, and 77% auto-decisioning NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Numerica Credit Union is now live on its platform. The implementation will facilitate advanced and faster credit decisions for the credit union and enhance member […]

ICE Transitions Sterling and Euroswiss LIBOR-based Derivatives to SONIA and SARON Ahead of Sterling and Swiss Franc LIBOR Cessation

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has transitioned all open interest held in its LIBOR-based Three Month Sterling futures and options and Three Month Euro Swiss Franc (Euroswiss) futures into their risk free rate (RFR) equivalent contracts, Three Month SONIA Index futures […]

CyberLink to Showcase the Latest Game-Changing Applications of its FaceMe® AI Facial Recognition Solution at CES 2022

CES attendees invited to visit Booth 9543 in the North Hall to learn about FaceMe® through live demos of key use cases TAIPEI, Taiwan–(BUSINESS WIRE)–#2022CES—CyberLink Corp. (5203.TW), a pioneer of AI and facial recognition technologies, will showcase several new, cutting-edge applications of its market-leading solution, FaceMe®, at CES 2022 in Las Vegas. Learn how FaceMe® […]

Manasquan Bank Selects Bakkt to Offer Retail Clients Access to Cryptocurrency

Manasquan Bank modernizes its digital banking offerings by expanding access for clients to buy, sell and hold cryptocurrencies ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings, Inc. (NYSE: BKKT), a trusted digital asset platform that enables consumers to buy, sell, send and spend a range of digital assets, today announced that Manasquan Bank, a NJ-based mutual community bank with […]

Assignar Selects Trevelino/Keller to Drive Awareness and Thought Leadership Position

Outcome Focused Agency Chosen for its Depth of Experience in the Technology and Construction ATLANTA–(BUSINESS WIRE)–Trevelino/Keller, a nationally ranked reputation marketing agency, today announced a new partnership with Assignar, a cloud-based construction operations platform. Trevelino/Keller will work with Assignar to raise awareness among key target audiences and gain traction in the construction industry with its […]

TDCX Provides Relief Assistance to Employees Affected by Typhoon Odette in the Philippines and the Floods in Malaysia

To match employee donations for community relief efforts in affected areas SINGAPORE–(BUSINESS WIRE)–In the wake of the typhoon in the Philippines and the floods in Malaysia, TDCX Inc. (TDCX), a digital customer experience solutions provider, has commenced relief efforts to help affected employees and communities. TDCX has started a fund that will go towards helping […]

Mogo Receives Final Regulatory Approval for Launch of MogoTrade

Commission-free stock trading app to launch imminently VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial-technology company, today announced it has received final approval from the Investment Industry Regulatory Organization of Canada (“IIROC”) for the launch of MogoTrade, Mogo’s commission-free stock-trading solution. “We’re excited to achieve this important […]

Boatzon Drops Anchor and Selects Trevelino/Keller to Launch its Digital Marine Marketplace

Digital PR and Marketing Firm Chosen Based on Experience Working with Category Disruptors ATLANTA–(BUSINESS WIRE)–Trevelino/Keller, an integrated PR, marketing, and creative agency, today announced an ongoing partnership with Boatzon, an innovative online marine retailer offering a secure on-demand marketplace, giving boat and marine enthusiasts easy and direct access to vessels, engines, trailers, marine products and […]

Extend Skyrockets in 2021

Extend grows with fresh funding and marquee partnerships announced this year NEW YORK–(BUSINESS WIRE)–Extend was founded in 2017 with one mission: to modernize the payments industry from the inside out. Extend provides the digital payment infrastructure that powers modern card experiences for banks and, just as importantly, allows main street banks to keep pace with […]

Ascendus Selects Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Ascendus has chosen its AI-based underwriting platform to augment its lending process and make advanced loan decisions for small and medium sized businesses. Ascendus is a New York-based online business lender that offers a range of financial products to small and […]

ACI Worldwide Caps 2021 With More Global Industry Recognition

ACI solutions and talent honored in AI, Cloud, Digital Banking, eCommerce, Fraud Management, Payment Hubs and Real-Time Payments MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, has had a stellar year for industry recognition, receiving a record number of accolades year-to-date—for both its talent and its award-winning solutions. ACI […]

TDCX Announces US$188 Million Debt Repayment

SINGAPORE–(BUSINESS WIRE)–TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), a high-growth digital customer experience solutions provider for innovative technology and other blue-chip companies, today announced that it has fully repaid the total outstanding principal amount of US$188 million and accrued and unpaid interest and premium, if any, under its term loan credit facility entered into […]

India’s Leading Law Firm, Cyril Amarchand Mangaldas, Announces Opening of Its Singapore Practice.

MUMBAI, India–(BUSINESS WIRE)–#CAM–India’s leading law firm, Cyril Amarchand Mangaldas (CAM) announced today the opening of its new foreign law practice in Singapore, Cyril Amarchand Mangaldas (Singapore) Pte. Ltd. (CAM Singapore). CAM Singapore will operate as a licensed foreign law practice offering Indian law expertise including International Arbitration. It will focus on delivering legal services across […]

Mining Hardware Marketplace, Asic Jungle Purchases Estate in the Metaverse for First Virtual Flagship Location

The first crypto mining hub in Decentraland will provide a space for crypto miners to network and learn more about the mining industry MONTREAL–(BUSINESS WIRE)–$BTC #ASICs–Following the hype around the metaverse, Asic Jungle, the first mining hardware marketplace and volume brokerage firm, announced that it has purchased an estate in the metaverse to serve as […]

Glacier Bancorp, Inc. 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 Glacier Bancorp, Inc. (NYSE: GBCI) has completed its listing transfer and will begin trading today as an NYSE-listed company. Glacier Bancorp, the parent company for Glacier Bank and its […]

More Than 100 US Banks Observe Tassat Group Execute the First Real-Time Digital Payment Between Two Banks Using Blockchain Technology

Real-Time Digital Interbank Network Unveiled Network to be Owned and Governed by Member Banks Banks from Across the Nation Attend First-Ever Live Public Demonstration of “The Network” NEW YORK–(BUSINESS WIRE)–Tassat Group Inc. unveiled the nation’s first real-time Digital Interbank Network (“The Network”) and the technology infrastructure behind it with a live demonstration attended by more […]

SIMON Integrates with Rowboat Advisors’ Cutting-Edge Portfolio Optimization Software to Enhance Portfolio Allocation Tool for Wealth Managers

The integration amplifies SIMON’s digital analytics offering to power portfolio analytics needs for risk-managed and alternative investment solutions NEW YORK–(BUSINESS WIRE)–#fintech—SIMON Markets LLC (SIMON), today announced an integration into its proprietary portfolio allocation tool, SIMON Spectrum, of a powerful optimization engine built by Rowboat Advisors, Inc. (Rowboat) to elevate the tool’s intelligence and reach. SIMON […]

Astra Launches First-Ever Point-to-Point Debit Transfer Product Powered by Cross River

Fintech developers can now leverage Astra’s API and Cross River’s digital payments infrastructure to process instant transfers between debit cards to fund accounts SAN FRANCISCO–(BUSINESS WIRE)–Astra, Inc. (“Astra”), the automation platform for money movement, today announced the launch of its first-ever card-to-card instant payment API. Through a strategic partnership with Cross River Bank (“Cross River”), […]

Vericred Releases Annual Map of ICHRA-friendly States

2022 ACA health plan data shows that in nearly half of U.S. states, an ICHRA could be a cost effective solution for small employers seeking to give employees more plan options NEW YORK–(BUSINESS WIRE)–#ICHRA—Vericred, the API platform powering digital quote-to-card experiences in health insurance and benefits, today announced it has released its annual map of […]

Silvergate and EJF Capital Form Joint Fintech Venture Fund

The EJF Silvergate Ventures Fund is focused on early-stage fintech companies in digital currency, payments, banking and specialty finance sectors LA JOLLA, Calif. & WASHINGTON–(BUSINESS WIRE)–Silvergate Capital Corporation (“Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, and EJF Capital LLC (“EJF”), a global institutional alternative asset management […]

Fieldpoint Private’s New Atlanta Offices Mark Next Phase in Company’s Southeast Banking Expansion

Atlanta, Orlando and Miami Offices Offer Private, Commercial, Personal Banking and Wealth Management GREENWICH, Conn.–(BUSINESS WIRE)–Fieldpoint Private, the fast-growing private banking and wealth advisory firm serving entrepreneurs, families, and institutions, announced its expansion into the Atlanta, Georgia market. The full-service office, located in the heart of Midtown (1075 Peachtree St.), adds to the firm’s rapidly […]

Customers Bank Rebrands Signaling Future Opportunities

New direction instills customers with the confidence to take on tomorrow WEST READING, Pa.–(BUSINESS WIRE)–Customers Bank, a digital-forward top 100 bank in the nation with $20 billion in assets, experienced exponential growth over the last two years as a result of participating in approximately 347,000 Paycheck Protection Program loans with an aggregate value of $10 […]

Tuttle Capital Short Innovation ETF (SARK) Breaks $100 Million AUM Barrier

SARK is 5th most actively-traded fund of all ETFs launched in 2021 NEW YORK–(BUSINESS WIRE)–$SARK #ETF–Tuttle Capital Management LLC (“TCM”) is pleased to announce that its Tuttle Capital Short Innovation ETF (Nasdaq:SARK) has surpassed $100 million in assets under management (AUM). As of the close of business on December 14, AUM stood at $107.5 million, […]

Chase’s 2021 Digital Banking Attitudes Study Finds Consumers Continue to Adopt Digital Banking Tools to Manage Their Finances

Mobile apps have become the most frequently used banking channel, with 62% of respondents citing that they can’t live without their banking app NEW YORK–(BUSINESS WIRE)–One year after its first digital banking attitudes study, Chase1 today released the findings of its second study, which further explores the attitudes of consumers to using banking websites and […]

Gender Gap in Employee Financial Wellness Goes Far Beyond the Paycheck, According to New Origin Research

Female employees less likely to invest to build wealth and be financially confident, finds Origin’s 2021 State of Financial Health and Wealth Report Employers that provide access to financial advisory benefits can differentiate in a hot talent market and do their part to mitigate the gender wealth gap, retirement crisis and overall financial stress within […]