Business Wire


Majesco Gears Up for InsureTech Connect 2021

As a founding sponsor of the event, Majesco continues its commitment as a Silver Thought Leadership sponsor to engage with insurers, reinsurers, brokers, MGAs and InsurTechs to create the future of insurance MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced its continued commitment and active participation […]

Guidewire Named to 2021 IDC FinTech Rankings

Annual ranking highlights top 100 global providers of financial technology SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #FinTech–Guidewire Software, Inc. (NYSE: GWRE) announced it has ranked number 30 out of 100 on the 2021 IDC FinTech Rankings. This is the first year Guidewire has appeared on the prestigious list and the company is the sole P&C insurance industry […]

Ault Global Holdings Announces Investment in Unique Electric Solutions, an EV Propulsion Firm

Partnership Expected to Accelerate Subsidiary TurnOnGreen’s Expansion into EV Fleet Management LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company” or “AGH”), announced today that it has invested in Unique Electric Solutions, Inc. (“UES”), a privately held developer of Electric Vehicle (“EV”) propulsion systems for commercial trucks and […]

IDC Financial Insights Recognizes CSI as a Top Fintech Provider for 10th Consecutive Year

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has been named by IDC Financial Insights to its 2021 IDC FinTech Rankings for the 10th consecutive year. The annual industry ranking, recognized as the most comprehensive vendor listing in financial services, highlights the top 100 global technology providers […]

NICE Actimize Launches Cloud and AI-Based AML Transformation for Leading Canadian FinTech KOHO

NICE Actimize’s AML Essentials addresses key FINTRAC guidelines HOBOKEN, N.J.–(BUSINESS WIRE)–#Actimize—NICE Actimize, a NICE (Nasdaq: NICE) business, and its cloud and AI-based AML Essentials solutions, has been chosen by the fintech company KOHO Financial, Inc., a Toronto-based provider of online financial services, to support its innovative digital platform and further accelerate its growth in the […]

The Guide to Unlocking E-Commerce Growth in Markets Across Africa, Asia, Latin America, and the Middle East

dLocal is publishing a report with everything you want to know about selling online in 14 emerging markets that, when put together, represent more than US$350 billion in payment volume MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal, a technology-first payments platform that enables global enterprise merchants to connect with billions of consumers in emerging markets, in partnership with Americas […]

InvestaX Gets Closer to Tokenizing the World with MAS Fintech Sandbox

SINGAPORE–(BUSINESS WIRE)–#blockchain—InvestaX (IC SG Pte Ltd) launches exchange in the Monetary Authority of Singapore (MAS) sandbox, providing key infrastructure for bringing liquidity to digital securities. InvestaX is a Singapore-headquartered, MAS-licensed* online investment and trading platform for Digital Securities (DSO) and Security Tokens (STO) of global private markets deals, focusing on exciting growth industries including crypto, […]

WEX and ChargePoint Announce Plans to Ease Integration of Electric Vehicles Into Corporate Fleets

New end-to-end charging solution to allow fleet managers to reduce carbon footprint while meeting complex reporting and cost management needs PORTLAND, Maine & CAMPBELL, Calif.–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, and ChargePoint, a leading electric vehicle (EV) charging network operating in North America and Europe, have announced plans to expand their […]

American Express and Extend Partner to Enable Virtual Cards for U.S. Small and Mid-Sized Businesses

American Express® Business Card Members can now access Extend’s Virtual Card Platform NEW YORK–(BUSINESS WIRE)–Today, American Express (NYSE: AXP) and Extend, a New York City-based fintech specializing in virtual cards, announced their partnership to expand virtual Card solutions for U.S. businesses. U.S. companies with an eligible American Express Business Card can now enroll and create […]

Financial Wellbeing Benefits Provider Salary Finance Launches Podcast, “Working on Wellbeing”

Each episode of “Working on Wellbeing” introduces listeners to purpose-driven people doing good in the world BOSTON–(BUSINESS WIRE)–#DEI–Salary Finance, the leading global provider of socially responsible financial products in the workplace, today announced the debut of its new podcast, “Working on Wellbeing”. The podcast, which delivers inspirational stories of change agents, entrepreneurs, students, teachers, and […]

Snowflake and Citi Securities Services Re-Imagine Data Flows Across Financial Services Transactions

No-Headquarters/BOZEMAN, Mont. & NEW YORK–(BUSINESS WIRE)–#DataCloud—Snowflake (NYSE: SNOW), the Data Cloud company, and Citi (NYSE: C), today announced a strategic initiative to re-imagine how data flows across financial services transactions to provide a frictionless solution for post-trade processes across the industry. Snowflake’s Financial Services Data Cloud helps organizations like Citi accelerate their top-line growth and […]

Tioga State Bank Partners with ZSuite Technologies to Expand Digital Offerings

WESTWOOD, Mass.–(BUSINESS WIRE)–ZSuite Technologies, a financial technology company that powers community financial institutions with digital escrow products for specific commercial verticals, has partnered with Tioga State Bank to offer its customers ZRent and ZDeposit. Tioga State Bank, a N.Y.-based, independent community bank, needed a digital solution to help the large number of landlords and property […]

PennyMac Expands Use of ICE Mortgage Technology Suite with Encompass Investor Connect to Accelerate Correspondent Digitization

PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced its latest partnership with PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). The integration with ICE Mortgage Technology’s Encompass® Investor Connect will make PennyMac the largest […]

POSaBIT Continues to Expand Reach, Enters the New Mexico Market

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, is proud to announce their entry into the burgeoning New Mexico cannabis market, partnering with one of the largest retail chains in the state. “As we continue to offer our services to more and more local markets, it […]

HighRadius Autonomous Software Awarded Patent for its AI-Powered Call Intent Generation Technology

‘Call Intent Generation’ technology performs customer contact activities automatically with the assistance of artificial intelligence and machine learning models that learn on historical information within HighRadius’ Autonomous Receivables software HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, has been awarded an exclusive patent by the United States Patent and Trademark […]

Kyriba Unlocks Access to $15 Trillion Payment Network with Launch of Open API Platform

Self-Service Platform and Developer Portal to Accelerate Next-Gen Fintech Innovation SAN DIEGO–(BUSINESS WIRE)–Kyriba, a global leader in cloud-based finance and IT solutions, today announced the launch of its Open API Platform to enable composable technology solutions for CFOs, CIOs and Treasurers, and accelerate the next generation of finance innovation. Kyriba’s Open API Platform streamlines the […]

Nearly 1 in 3 Parents Have Never Talked to Their Child About the FAFSA

Among those who aren’t planning to complete the FAFSA, the belief is they won’t qualify for federal aid RIVERWOODS, Ill.–(BUSINESS WIRE)–#FAFSA–An annual survey from Discover Student Loans found 29% of parents have never talked to their child about the Free Application for Federal Student Aid® (FAFSA)i and another 22% have discussed it just once or […]

Triple Win for Napier With New Senior Hires

AMSTERDAM–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, names Cian Harrington as its new Global Head of Client Transformation. The firm also welcomes Aidan Houlihan as its Head of Americas and Michelle Kam as Head of Professional Services for APAC. All bring rich domain expertise and experience to Napier as it drives […]

A New Provider Marketplace From The Helper Bees Will Transform Aging In Place In America

Using A Digital Wallet of Credits, Members Can Easily Shop, Schedule, and Manage Care and Support Services Through A Self-Serve Portal AUSTIN, Texas–(BUSINESS WIRE)–#aginginplace—The Helper Bees (THB), a full-service insurtech company that creates innovative aging-in-place solutions for both payers and insureds, today announced the launch of the company’s aging-in-place provider marketplace. This solution, which evolved […]

Stockperks Strengthens Leadership Team with Veteran Additions

Former WeWork CTO and investor relations industry fintech veteran to assume CEO role Customer success-focused startup leader joins as Chief Customer Officer NEW YORK–(BUSINESS WIRE)–#fintech–Stockperks, the first platform to seamlessly connect public companies with their retail investors, today announced the continued growth of its leadership team with the appointments of Ken Watson, Chief Executive Officer, […]

CrowdStreet and Juniper Square Partner to Usher in the Next Chapter of Digital Transformation for the Commercial Real Estate Industry

Partnership between the two market leaders will accelerate the rapidly growing adoption of online capital raising and investor management for CRE sponsors SAN FRANCISCO–(BUSINESS WIRE)–#CRE—Juniper Square, the leading provider of investment management solutions for commercial real estate (CRE), today announced it has entered into a strategic partnership with CrowdStreet, the leader in online capital raising […]

Brevan Howard and DRW Invest in Edge Focus to Fuel Major Expansion Into Fintech Lending Space

CHICAGO & NEW YORK–(BUSINESS WIRE)–#brevanhoward—Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, has entered into a strategic partnership with prominent hedge fund Brevan Howard and global quantitative trading firm DRW. “I cannot think of two better complementary partners to enable us to accomplish our ambitious goals while using […]

Figure Completes First Digital Securities Transaction Using Real-time Marketplace

Marketplace Trading Platform using Figure ATS Facilitates Secondary Trading of Private Company Shares with New Efficiency and Speed, Challenging Legacy Marketplaces SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced it completed a first of its kind digital securities transaction using Figure ATS, an […]

Workiva Unveils Intuitive Data Prep Capabilities at Amplify Conference that Further Streamline Reporting and Empower Teams

New Seamless Functionality Increases Efficiencies and Harmonizes Data into a Single Reporting Standard AMES, Iowa–(BUSINESS WIRE)–$WK #Acquisition–Today, at its annual conference, Workiva Inc. (NYSE:WK) introduced Data Prep, a new, intuitive data preparation capability within its cloud platform that streamlines compliance reporting and empowers collaboration among financial and operational teams across organizations. Data Prep enables everyday […]

First National Bank of Omaha Launches ‘Buy Now Pay Later’ Solution Enabling Partners to Offer Flexible Financing Options at the Point of Sale

Collaboration with EXL & Skeps Supports Seamless Integration with Merchant Partner Online and Brick-and-Mortar Stores OMAHA, Neb. & NEW YORK–(BUSINESS WIRE)–First National Bank of Omaha (FNBO) today announced the launch of a breakthrough new buy-now-pay-later (BNPL) solution, which will allow merchant partners to offer their customers the option to make purchases and pay for them […]

LendingPoint Named Atlanta Inno Fire Award Recipient for Second Year

Financial Technology Platform Ranked Among the Region’s High-Growth Innovators and Industry Disruptors KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, the financial AI and technology platform, was recently named to the 2021 Atlanta Inno Fire Award list, a ranking showcasing the top tech startups and organizations setting Atlanta’s ecosystem ablaze. LendingPoint, which also made the Fire Awards list in 2019, […]

New Celent Report Commissioned by Majesco Highlights the Digital Chess Game of the Independent Agent

With the fight for distributor shelf space, insurers priorities and investment in digital and distribution capabilities are crucial for growth and success MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new Celent research report commissioned by Majesco, Reshaping the Distributor Insurer Relationship: […]

IntelyCare Adds Uber and Google Executives to Its Board in Support of Unprecedented Revenue Growth

The AI-powered staffing platform for nursing professionals in the post-acute sector announces a projected 300%+ YoY revenue growth; adds two key execs from Google and Uber to the board QUINCY, Mass.–(BUSINESS WIRE)–#boardmembers—IntelyCare, the largest staffing platform for nursing professionals seeking post-acute per-diem positions, today announced that it has seen unprecedented growth, as management is projecting […]

HCL Technologies and Lendico, an ING Germany Company, Join Forces in Building Solutions for SMEs

HCL will establish fintech lab in Germany to drive innovation and create transformational technology architectures BERLIN & NOIDA, India–(BUSINESS WIRE)–#APIgateways–HCL Technologies (HCL), a leading global technology company, has entered a multi-year application services transformation partnership with Lendico, a brand of ING Germany, to deliver application and engineering services to help it create a state-of-the-art digital […]

ICE Benchmark Administration Launches ICE Risk Free Rate Indexes for U.S. Dollar, Euro and Japanese Yen

Follows launch of ICE SONIA Indexes in April 2021 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”) has launched ICE Risk Free Rate (RFR) Indexes in U.S. Dollar (SOFR), Euro (€STR) and Japanese Yen (TONA), following the launch of ICE […]

Figure Pay Partners With Marqeta to Power Next Generation Digital Banking and Buy Now, Pay Later Solution

Figure Pay, currently expanding nationwide, will leverage Marqeta’s global modern card issuing platform and digital banking capabilities. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced today it is partnering with Figure, a leader in transforming financial services through the power of blockchain technology, to power the launch of the Figure Pay […]

Dyne.org, RIDDLE&CODE and InfoCert’s Consortium Appointed to Take EBSI to the Next Level

VIENNA–(BUSINESS WIRE)–The consortium formed by Dyne.org, RIDDLE&CODE and InfoCert, has been selected by the European Commission as one of seven contractors to develop the next version of the European Blockchain Services Infrastructure (EBSI). The award is one more milestone in the consortium’s track record of excellence with cryptography and blockchain, after Dyne.org led the flagship […]

ACI Fraud Management Incremental Learning Technology Receives Full Patent Approval

Innovative industry-first approach to machine learning considerably enhances fraud protection for merchants and financial institutions MIAMI–(BUSINESS WIRE)–$patent #ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time payments and digital payment software solutions, today announced that the patent for its incremental learning technology – an innovative industry-first approach to machine learning – has received full […]

dLocal Launches Direct Issuing, White-Labeled Prepaid Cards, in Emerging Markets

Vita Wallet adopts dLocal’s latest offering to issue branded virtual and physical prepaid cards to its twenty-five thousand plus users MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal (NASDAQ:DLO), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, announces the launch of dLocal’s Direct Issuing, a service enabling merchants to issue their […]

Wyndham Capital Mortgage Opens Doors in Dallas-Fort Worth

Leading Fintech lender offers innovative model to give loan officers and customers competitive edge DALLAS–(BUSINESS WIRE)–Wyndham Capital Mortgage, a leading fintech mortgage lender, announced today the opening of a new office located in the Cypress Waters area in Dallas. Wyndham Capital brings to the market an innovative fintech lending model that breaks the mold of […]

Citi Announces New Impact Fund Investments in Seven Companies

Half of New Portfolio Companies Include Women-Owned, Black-Owned, and LGBT-Owned Businesses NEW YORK–(BUSINESS WIRE)–Citi announced today its next round of investments through the Citi Impact Fund, a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges, including workforce development, financial capability, physical and social infrastructure, […]

Spring Free EV Launches, Rolls Out Fintech Product to Accelerate Electric Vehicle Adoption and Address Climate Change

Led by Former Sidecar Founder and CEO and backed by high profile entrepreneurs and investors, the Company Aims to Reduce CO2 Emissions by One Gigaton by 2030 SAN FRANCISCO–(BUSINESS WIRE)–Spring Free EV, a financial technology company built to accelerate the adoption of electric vehicles (EVs) through innovative fintech products, debuts today. The company, which is […]

Digital Mortgage Lender Better Accelerates Location Planning With Vertis

Better puts market intelligence at the heart of real estate and growth strategy Selects Vertis to move from brittle data projects to real-time insights, leveraging billions of data points Vertis Market Intelligence Platform eliminates multiple data products and speeds decision-making rooted in data science SANTA CLARA, Calif.–(BUSINESS WIRE)–Better, a digital-first homeownership company, is accelerating workplace […]

Mastercard Launches Global Sustainability Innovation Lab

Based in Stockholm, Sweden, the Lab will serve as a global research and development center for climate conscious digital products and solutions, and support impact-driven startups and customers STOCKHOLM–(BUSINESS WIRE)–Mastercard today announced the launch of its new Sustainability Innovation Lab, which will spearhead the further development of the company’s portfolio of environmentally conscious digital products […]