CHICAGO–(BUSINESS WIRE)–Astor Investment Management LLC (“Astor”) is pleased to announce that it has partnered with FLX Distribution to help Astor’s National Accounts team further Astor’s product availability across wires, independents and large RIA aggregators. “As the distribution and relationship management landscapes continue to evolve, it has become clear that technology, data and diverse types of […]
Strategic Alliance expands Fiduciary’s access to unique investment opportunities in the private securities market, and partners North Capital with a specialized trust company and qualified custodian to further North Capital’s work around digital securities NEW YORK & SALT LAKE CITY–(BUSINESS WIRE)–Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announced a […]
Improved accuracy prevents account takeovers and increases completed transactions NEW YORK–(BUSINESS WIRE)–#Forter–Forter has launched Trusted Identities to help businesses simplify online account authentication. Trusted Identities protects against account takeovers that exploit consumer credentials and prevents fraudsters from abusing systems and policies by creating multiple accounts. By reducing the impact of bad actors, businesses can shift […]
SAN FRANCISCO–(BUSINESS WIRE)–American Express (NYSE: AXP) announced today, in partnership with Nova Credit, that it has expanded credit access to people from Brazil, Dominican Republic, Kenya and Nigeria who have moved to the United States. The growth of this first-of-its-kind digital capability enables newcomers from nine countries to use their international credit history to quickly […]
Bitkey integrated its cutting-edge workhub solution into the Tokyo Square Garden office tower, allowing each employee and visitor to experience the future of contactless smart offices TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink—CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition technologies, today announced that its FaceMe® facial recognition solution has been successfully implemented by bitkey Inc. into […]
Amwins Specialty Auto to underwrite non-standard auto (NSA) insurance for Buckle as well as Buckle’s gig auto insurance for rideshare/delivery driver customers in Florida JERSEY CITY, N.J.–(BUSINESS WIRE)–#Amwins—Buckle, the inclusive tech-enabled financial services company, and Amwins Specialty Auto, (Amwins) a non-standard auto insurance specialist with 25 years of experience, have entered into a managing general […]
OMAHA, Neb.–(BUSINESS WIRE)–#digitalpayments–In response to the everchanging technology and payment processing landscapes, payments software applications provider BHMI announced Concourse Release 4.15, the latest version of its industry-leading Concourse Financial Software Suite®, the powerful, modular back office software solution for electronic payments processing. Concourse’s integrated collection of products manages back office processing for all types of […]
As financial institutions struggle with antiquated risk and compliance systems, Hummingbird provides a platform that meets the complex demands of a modern financial system. SAN FRANCISCO–(BUSINESS WIRE)–Hummingbird RegTech, a provider of risk and compliance technology, today announced the company has raised $30M in Series B funding. The raise brings the total venture backed funding total […]
Organizations can now prevent sophisticated threats, strengthen customer trust, and improve IT collaboration with combined app security, bot management, and anti-fraud capabilities SEATTLE–(BUSINESS WIRE)–F5 (NASDAQ: FFIV) announced multiple security offerings to bridge security and fraud team operations that help customers block automated and human-driven malicious activity, shield valuable user details, and stop fraud. New solutions […]
Applications now open for global competition celebrating the best innovations in insurance PARIS & NEW YORK & HONG KONG–(BUSINESS WIRE)–Efma and Accenture (NYSE: ACN) are now accepting applications for the seventh annual Innovation in Insurance Awards, which recognizes the insurers and insurtechs that are transforming the industry. Established in 2016, the program rewards the best […]
TurnOnGreen’s EV700 Product Available for Order and Immediate Fulfillment from Amazon.com, Walmart and TurnOnGreen LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has completed the rigorous safety testing for its TurnOnGreen™ EV700, a […]
Brand update reflects Trolley’s ambitions to drive payout-based growth; Investment validates Trolley’s progress in meeting the payout needs of a borderless, internet-based economy TORONTO–(BUSINESS WIRE)–Canadian Fintech startup Payment Rails today revealed that it is rebranding as Trolley—the payouts platform for the internet economy. The newly renamed Trolley also announced its recent $7M Series A funding […]
SYDNEY–(BUSINESS WIRE)–Napier, provider of leading anti-financial crime compliance solutions, has announced that Australian financial services company, ClearView, has adopted its AI-enhanced technology to support anti-money laundering (AML) activities. The technology will enable ClearView to gain better insights into its customers and identify suspicious behaviour more efficiently while having complete ownership over its AML platform. Napier’s […]
Salucro’s 2021 Patient Payment Technology Report highlights how both patient billing accuracy and the financial experience can drastically impact a patient’s loyalty to their healthcare provider, along with speed to payment, with 65% of patients stating they’ll pay their balances faster if their billing preferences are used. PHOENIX–(BUSINESS WIRE)–Salucro Healthcare Solutions, a leading healthcare payment […]
Completion of audit affirms Inveniam’s dedication to security and accountability NORTHVILLE, Mich.–(BUSINESS WIRE)–Inveniam, a fintech company bringing transparency to data-rich private market assets, announced today the completion of its SOC 2 Type 1 certification. Achieving SOC 2 Type 1 certification entails undergoing a rigorous audit overseen by an independent auditor to ensure a firm’s process […]
Momentum Continues as Mid-Market Financial Companies Look to Industry-leading Portfolio to Simplify IT, Transform and Grow Their Business BOSTON–(BUSINESS WIRE)–ECI, the leader in managed services and cybersecurity for the global financial services industry, today announced it has expanded into Canada. The move was prompted by demand from mid-market financial firms for its managed services, which […]
NEW YORK–(BUSINESS WIRE)–First paragraph of release should read: “…has completed its listing transfer and will begin trading tomorrow as an NYSE-listed company.” (instead of will begin trading today). The updated release reads: GARMIN COMPLETES LISTING TRANSFER TO THE NEW YORK STOCK EXCHANGE The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a […]
NEW YORK & KNOXVILLE, Tenn.–(BUSINESS WIRE)–Lightyear Capital LLC (“Lightyear”), a New York-based private equity firm focused on financial services, today announced that investment funds affiliated with Lightyear led a recapitalization of PracticeTek (the “Company”), a provider of vertical software and payments solutions to the retail healthcare market. Lightyear joins Greater Sum Ventures (“GSV”), an entrepreneurial […]
Assembly Smart Contract Automation to Substantially Reduce Risks for Clients BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT), in collaboration with Vanguard and Symbiont, announced today that the firms have jointly completed the margin calculation process for a live trade of a 30-day foreign exchange forward contract through the use of Assembly, Symbiont’s distributed ledger technology . The […]
More than 85% of Customers Worked with Other Bot Mitigation Providers Prior to Engaging with Kasada’s Modern Approach; Company Now Protects Over $20 Billion in eCommerce NEW YORK–(BUSINESS WIRE)–#antibot—Kasada, provider of the most effective and easiest way to defend against advanced bot attacks, today announced $23 million in Series C funding, bringing total investment in […]
TAIPEI, Taiwan–(BUSINESS WIRE)–AOFEX will officially establish the Taiwan branch on December 3, 2021, to enhance the global influence of the brand as well as to better serve its global users. The opening of regional branches will expand the global circulation of OT (platform token) and the adaptation of relevant applications within its ecosystem which will […]
Suffolk Technologies, Suffolk’s venture capital and technology investment arm, hosted its 2nd annual Demo Day, concluding its six-week Boost program that supports tech startups focused on addressing industry challenges, expanding networks and raising funding BOSTON–(BUSINESS WIRE)–Suffolk Technologies, the venture capital and technology investment arm of real estate and construction enterprise Suffolk, hosted its 2nd annual […]
Solidus Labs is the first crypto-native firm to win the prestigious award, as the need for digital asset market surveillance solutions intensifies globally NEW YORK–(BUSINESS WIRE)–#award–Crypto-native risk-monitoring and market surveillance leader Solidus Labs (“Solidus”) proudly announces that it has been awarded Best Market Surveillance Solution of the Year at the Global Investor Group’s Futures & […]
November ADV up 11% y/y; OI up 6% y/y ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today reported November 2021 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking […]
-Top-Performing Western Alliance Bank to Use TassatPay® Platform in Growing Digital Payments Market- PHOENIX & NEW YORK–(BUSINESS WIRE)–Western Alliance Bank, the primary subsidiary of $50 billion Western Alliance Bancorporation (NYSE: WAL), and Tassat Group Inc., today announced the bank will implement a fully integrated digital banking platform for its customers, which will include a digital […]
FAIRMONT, W.Va.–(BUSINESS WIRE)–#bankoftheyear–MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB Financial”) (NASDAQ: MVBF) has been named Bank of the Year – United States for 2021 by The Banker magazine, a leading global finance news publication published by the Financial Times of London. This year’s awards recipients for the Americas were recognized during […]
Fintech arm of Batelco, the nation’s leading telco, to launch first mobile payments super app in region by year-end 2021 REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with BEYON Money, the mobile super app launched by Batelco Financial Services, which is the fintech arm […]
CAMBRIDGE, Mass.–(BUSINESS WIRE)–#assetbasedlending—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team offered a lending solution to support the growth of LAB Medical Manufacturing with acquisition financing for a new manufacturing facility in South Carolina. Headquartered in Billerica, Massachusetts, LAB […]
Backbase emerges as Best in Class winner. Apiture and Q2 also earn top honors as Overall Leaders. SAN FRANCISCO–(BUSINESS WIRE)–#awards–Javelin Strategy & Research announced that the Backbase Engagement Banking Platform has been named Best in Class in the 2021 Digital Banking Platform Vendor Scorecard. The in-depth analysis delves into the myriad choices available to financial […]
ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Irish Life Investment Managers (ILIM) has licensed an ICE ESG Fixed Income index, the ICE ILIM Sustainable Euro Corporate Bond Index, for its Irish Life Euro Sustainable Corporate Bond Fund. The ICE ILIM […]
tastytrade Co-Founder & Co-CEO Brings Over 30 Years of Financial Industry Experience Knightscope Kicks Off Public Listing to Trade on NASDAQ MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–$KSCP #SecurityRobot—Knightscope, Inc., a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced Kristi Ross will join the Company’s board of directors upon the Company’s successful […]
Midland WTI will be Underpinned by Magellan and Enterprise’s Combined Pipeline, Storage and Marine Export Facilities in the Houston Area HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the changes which ICE plans to implement to the ICE Permian West Texas Intermediate (WTI) Crude […]
CUBE launches the world’s first Automated Regulatory Intelligence (ARI) platform, RegPlatform, a world-leading regulatory intelligence platform for large, global financial institutions. – CUBE defines the new world of regulatory AI in its third-generation release of RegPlatform, which combines financial regulation with artificial intelligence to deliver end-to-end regulatory compliance for customers – Built over 10 years, […]
TradeFeedr’s FX data and analytics now available within FlexTRADER EMS LONDON–(BUSINESS WIRE)–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announced that Tradefeedr’s unified data analytics API is fully integrated and available within FlexTRADER EMS. Tradefeedr enables collaborative analysis of trading performance between liquidity providers and their clients using standardized common […]
Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world TEL AVIV, Israel–(BUSINESS WIRE)–Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro. Focusing on its core pillars of creating multi-dimensional solutions to simplify payments and going the extra mile for […]
DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy, announced today the official launch of its business banking platform, empowering its clients with superior tools to help attract and drive loyalty among small businesses within their communities. Recently surpassing more than one million members with access to its platform, Bankjoy’s digital banking solutions have experienced tremendous success. However, there […]
NEW YORK–(BUSINESS WIRE)–#earnedwageaccess–Clair, a New York-based financial technology company, announced today that Sensiba San Filippo LLP has certified Clair as Service Organization Control (SOC) 2 Type II compliant. This certification confirms that Clair achieved the AICPA’s Trust Services Criteria for Security, Availability, Confidentiality, Processing Integrity, and Privacy. Developed by the American Institute of Certified Public […]
JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced the appointment of trusted fintech advisor and financial services leader David Rabkin to its Board of Directors, representing Financial Services Capital. David has a long history of driving growth for financial, consumer goods, and B2B institutions, with a focus on business transformation. He […]
PORTLAND, Ore.–(BUSINESS WIRE)–#PoweredbySila–Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced how one of its clients, BUNNYMONEY, Inc. (“bunny.money”), a Certified B Corporation™, is allowing nonprofits to fundraise with no fees through its platform. Not many people realize that when they donate to good causes online, the nonprofit organization […]
Buckle’s Marty Young joins virtual insurtech panel at KBW Virtual Innovation in Finance Conference on Tuesday, December 7, 2021 JERSEY CITY, N.J.–(BUSINESS WIRE)–#CEO—Marty Young, co-founder and CEO of Buckle, an inclusive tech-enabled financial services company, is speaking on the panel, “Insurtech – The Driver is Named Data,” at the KBW Virtual Innovation in Finance Conference, […]
