Business Wire

DriveWealth Partners with Hisa Technologies to Expand Access to Investing and Financial Literacy in Kenya thumbnail

DriveWealth Partners with Hisa Technologies to Expand Access to Investing and Financial Literacy in Kenya

Partnership empowers the Kenyan population to invest in fractional shares of U.S. equities for the first time JERSEY CITY, N.J.–(BUSINESS WIRE)–DriveWealth, LLC, a pioneer in fractional investing and embedded finance, today announced a partnership with Hisa Technologies, Africa’s first wealth management platform that makes investing social. Leveraging DriveWealth’s real-time fractional trading technology, Hisa users can […]

Ault Global Holdings’ Subsidiary BitNile Issues Bimonthly Bitcoin Production and Mining Operation Report thumbnail

Ault Global Holdings’ Subsidiary BitNile Issues Bimonthly Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), today published an unaudited update on Bitcoin production and miner installation by its subsidiary, BitNile, Inc. (“BitNile”). BitNile’s Bitcoin mining production is currently operating at an estimated annualized run rate of 287.6 Bitcoin or approximately $16.6 million based on […]

PR Consultancy Drofa Comms Opens New Office in London thumbnail

PR Consultancy Drofa Comms Opens New Office in London

The fintech Communications and PR firm opens its fourth office at the world’s financial hub LONDON–(BUSINESS WIRE)–International Communications and PR Consultancy Drofa Comms launched an office in London, as a part of the company’s global expansion strategy. Founded by Valentina Drofa and Maria Poliakova, the business focuses on the fintech and finance industry. It started […]

OppFi Reaches Facilitated Issuance of 2 Million Installment Loans thumbnail

OppFi Reaches Facilitated Issuance of 2 Million Installment Loans

Company’s growth supported by the use of alternative data in underwriting helps expand credit access to large, underserved consumer market CHICAGO–(BUSINESS WIRE)–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has facilitated the issuance of more than two million […]

Fintech Startup “nxtCRE” Launches Revolutionary Sales Platform for CRE

Fintech Startup “nxtCRE” Launches Revolutionary Sales Platform for CRE

nxtCRE team unlocks $400B CRE market with unique early connection of most valuable investors and custom-matched offerings MIAMI–(BUSINESS WIRE)–nxtCRE founder Adam Sharif and his team of CRE experts, financial insiders, and tech-marketing wizards have broken the code to what they call “Must Buy Investors”—also known as 1031 exchange investors— for early identification and efficient matching […]

AWS Announces New Serverless Options for Three Analytics Services thumbnail

AWS Announces New Serverless Options for Three Analytics Services

New serverless options for Amazon Redshift, Amazon MSK, and Amazon EMR help customers analyze data at scale without having to configure, scale, or manage the underlying infrastructure Roche, Riot Games, and Intuit among customers using new serverless analytics options LAS VEGAS–(BUSINESS WIRE)–Today, at AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: […]

South Africa-based Blue Label Telecoms Selects RecVue Billing Management Solution to Manage Complexity in Evolving Partner Channel thumbnail

South Africa-based Blue Label Telecoms Selects RecVue Billing Management Solution to Manage Complexity in Evolving Partner Channel

Leading Technology, telco and Fintech Investment Business Seeks to Modernize Its Large-scale Billing Processes, Improve Efficiencies and Reduce Costs PALO ALTO, Calif.–(BUSINESS WIRE)–RecVue, provider of Order Lifecycle Management (OLM) solutions designed to modernize the complex order-to-cash (O2C) processes for enterprises, today announce its billing management solution has been selected by Blue Label Telecoms to automate […]

DefenseStorm Named 2021 PRSA Georgia Best of Phoenix Award Winner thumbnail

DefenseStorm Named 2021 PRSA Georgia Best of Phoenix Award Winner

Cybersecurity provider takes home three awards at annual chapter celebration ALPHARETTA, Ga.–(BUSINESS WIRE)–DefenseStorm, the leading cloud-based cybersecurity, cybercompliance, and cyberfraud management provider to regional and community banks and credit unions, today announced that it took home the night’s top honor at this year’s PRSA Georgia Phoenix Awards, earning the Best of Phoenix Award for its […]

Tassat Announces Executive Leadership Changes to Accelerate Growth of Digital Payments Platform thumbnail

Tassat Announces Executive Leadership Changes to Accelerate Growth of Digital Payments Platform

Executive Appointments Focus on Meeting Increasing Interest in the TassatPay™ Platform and Its Ability to Enable Banks to Issue Cash-Backed Stablecoins NEW YORK–(BUSINESS WIRE)–#AlBerg—Tassat Group Inc., the leading blockchain technology provider of digital payment systems for banks’ B2B clients, today announced three major appointments to its executive leadership team. The leadership selections come in response […]

Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund thumbnail

Netcapital Inc. Portfolio Company MustWatch Receives Grant from Racial Equity Non-profit GK Fund

Fund awards microgrants to innovative BIPOC, women, and LGBTQ founded companies BOSTON–(BUSINESS WIRE)–$NCPL #NetcapitalPortfolio—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that portfolio company MustWatch has received a grant from the GK Fund, a nonprofit organization working to close the racial wealth gap by facilitating access to capital, technology and mentorship for […]

MOCA Financial and Data Center, Inc. Enter into a Definitive Joint Marketing and Referral Agreement for a Combined Solution to Benefit Community Banks thumbnail

MOCA Financial and Data Center, Inc. Enter into a Definitive Joint Marketing and Referral Agreement for a Combined Solution to Benefit Community Banks

– MOCA and DCI to offer an integrated solution featuring MOCA’s Digital-First NextGen Card-Based Payment Platform and DCI’s core processing and online account opening functionality – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider and Data Center, Inc., developer of the award-winning iCore360® core banking software, are pleased to announce that they have […]

WNS Launches FINSIBLE to Drive Scalable Banking Operations for FinTechs thumbnail

WNS Launches FINSIBLE to Drive Scalable Banking Operations for FinTechs

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–#BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced the launch of WNS FINSIBLE, a suite of banking solutions enabling FinTechs to efficiently streamline, manage and scale operations. FINSIBLE covers the entire end-to-end value chain of banking processes, including deposits […]

Wise Announces North American Expansion Plan

Wise Announces North American Expansion Plan

Company to hire more than 150 U.S.-based Wisers in 2022; expand to Austin, Texas; and move its NYC headquarters to a new, larger office location NEW YORK–(BUSINESS WIRE)–Wise, the global technology company building the best way to move money around the world, today announced a 2022 North American expansion plan that will see the company […]

FIS to Provide Cadence Bank Hosted Core Banking Solution thumbnail

FIS to Provide Cadence Bank Hosted Core Banking Solution

Key facts: Cadence Bank will transition from an on-premises core banking platform to a FIS-hosted solution. FIS private cloud core banking solution will deliver efficiency, scalability, and a risk-mitigated modernization strategy for the bank. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) announced that Cadence Bank (NYSE: CADE) and FIS have agreed to transition its […]

ICE Expands Environmental Complex with the Launch of a Global Carbon Futures Index Contract thumbnail

ICE Expands Environmental Complex with the Launch of a Global Carbon Futures Index Contract

LONDON–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch a futures contract based on the ICE Global Carbon Futures Index (ICE: CO2). The new futures contract is designed to offer the market a way to access and hedge a global price for carbon […]

Advisors Used LifeYield Social Security+ to Uncover $10 Billion in Added Client Retirement Income in 2021 thumbnail

Advisors Used LifeYield Social Security+ to Uncover $10 Billion in Added Client Retirement Income in 2021

People are retiring in record numbers, a trend created by the pandemic and the demographics of the baby boom generation. Social Security filing is one of the pivotal decisions for anyone considering retirement – but to make the best choice, individuals need the support of technology and a financial advisor. Advisors who use LifeYield Social […]

Dakota Credit Union Association Collaborates with Leading AI-based Credit Decisioning Platform Provider Scienaptic AI thumbnail

Dakota Credit Union Association Collaborates with Leading AI-based Credit Decisioning Platform Provider Scienaptic AI

NEW YORK–(BUSINESS WIRE)–Scienaptic announced today a collaboration with the Dakota Credit Union Association (DakCU) enabling the company to offer its AI-based credit underwriting technology to credit unions throughout North and South Dakota. The Dakota Credit Union Association (DakCU) is a professional financial trade association serving 69 credit unions with more than 520,000 members in North […]

Bullish Goes Live With Institutional Customers After Obtaining Regulatory License in Gibraltar thumbnail

Bullish Goes Live With Institutional Customers After Obtaining Regulatory License in Gibraltar

GIBRALTAR–(BUSINESS WIRE)–Bullish, a blockchain-based cryptocurrency exchange, today announced the initial launch of its platform to select institutional customers, following the receipt of a distributed ledger technology (DLT) license from the Gibraltar Financial Services Commission (GFSC). The invitation-only launch marked a “go live” for exchange software and operations, including customer onboarding. The inaugural batch of institutions […]

CUBE Partners with MetricStream to Bolster Client Decision-Making and Compliance Capabilities thumbnail

CUBE Partners with MetricStream to Bolster Client Decision-Making and Compliance Capabilities

LONDON–(BUSINESS WIRE)–Regtech pioneers CUBE today announced a partnership with MetricStream, the global market leader in integrated risk management and governance, risk, and compliance (GRC) solutions. The partnership enables customers to utilise CUBE’s automated regulatory intelligence alongside the MetricStream Platform, allowing businesses to create rich analyses and derive deep insights for driving business decisions. CUBE ensures […]

Global Fantasy Sports Platform Sorare Selects SEON Fraud Prevention Solution thumbnail

Global Fantasy Sports Platform Sorare Selects SEON Fraud Prevention Solution

Company chooses modern fraud detection and prevention tool to protect against referral and NFT fraud on its cutting-edge blockchain platform AUSTIN, Texas–(BUSINESS WIRE)–#FraudPrevention—SEON, the fraud fighters, today announced a partnership with Sorare, a French start-up company for fantasy football (soccer), to stop fraud within their referral program. Sorare will implement SEON’s winning combination of onboarding […]

Soveren Lands Star-Studded $6.5M Seed Round, Including 11 Unicorn Founders, to Fight Privacy Incidents thumbnail

Soveren Lands Star-Studded $6.5M Seed Round, Including 11 Unicorn Founders, to Fight Privacy Incidents

Privacy is the new Security and has to be embraced by engineering because legal measures alone can’t guarantee compliance. 10 million companies globally are at risk of violating GDPR and other regulatory obligations because of their failure to detect and resolve privacy incidents and risks Soveren’s technology helps Engineering and Security teams implement continuous and […]

Evolution Advisors Announces New President thumbnail

Evolution Advisors Announces New President

Dr. Leroy (Lee) David Nunery II will lead venture backed by Acrisure, Russell Wilson and Ciara, and Russell Westbrook GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Evolution Advisors, a joint venture of Acrisure, Super Bowl champion quarterback Russell Wilson, Grammy Award-winning singer/songwriter Ciara and nine-time NBA All-Star, Russell Westbrook today announced that Dr. Leroy (Lee) David Nunery II has […]

Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud thumbnail

Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud

New investors JPMorgan Chase Strategic Investments, Standard Chartered Ventures and ING Ventures join cap table and client list ● Nyca Partners leads Series C round raising Thought Machine’s valuation to more than $1bn ● New institutional investors include ING Ventures, JPMorgan Chase Strategic Investments and Standard Chartered Ventures ● Lloyds Banking Group, who led Thought […]

PlanGap and Insurex Announce Strategic Reinsurance Partnership thumbnail

PlanGap and Insurex Announce Strategic Reinsurance Partnership

Partnership to Architect Reinsurance Solutions for PlanGap® Social Security Protection Products ATLANTA–(BUSINESS WIRE)–#plangap—PlanGap, a financial product innovation company pioneering Social Security Protection, and Insurex have announced a strategic partnership to architect reinsurance solutions for the Social Security Protection marketplace. The recently released 2021 Social Security Trustees Report highlights the dire condition of the Social Security […]

Immuta Announces the Availability of SaaS for Modern Data Stacks thumbnail

Immuta Announces the Availability of SaaS for Modern Data Stacks

 Immuta SaaS enables data teams to automate data access control across their cloud data environment without having to worry about maintenance or infrastructure costs BOSTON–(BUSINESS WIRE)–#Data–Immuta, the leader in universal cloud data access control, today announced the general availability of Immuta software as a service (SaaS) deployment. Immuta SaaS, which recently received its SOC 2 […]

ICE Announces That One Million Contracts Have Traded on ICE Futures Abu Dhabi, Equivalent to One Billion Barrels of Murban Crude thumbnail

ICE Announces That One Million Contracts Have Traded on ICE Futures Abu Dhabi, Equivalent to One Billion Barrels of Murban Crude

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a total of over one million futures contracts have traded on ICE Futures Abu Dhabi (IFAD) since the exchange launched on March 29, 2021, equivalent to one billion barrels of Murban crude oil. Of […]

PayNearMe Announces Partnership with Pin4 to Enable Players to Withdraw iGaming and Sports Betting Winnings in Cash thumbnail

PayNearMe Announces Partnership with Pin4 to Enable Players to Withdraw iGaming and Sports Betting Winnings in Cash

MoneyLine™, powered by PayNearMe®, expands payout options to allow players to make real-time, cardless cash withdrawals at 18,000 ATMs across the nation SECAUCUS, N.J.–(BUSINESS WIRE)–SBC SUMMIT – PayNearMe, the payments company designed to manage the complexities of iGaming, today announced a partnership with Pin4 to enable operators to give players instant access to their winnings. […]

Ault Global Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers at a Premier California Resort Destination thumbnail

Ault Global Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers at a Premier California Resort Destination

LAS VEGAS–(BUSINESS WIRE)–$AGH #Alisal—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 partnered with The Alisal Guest Ranch and Resort (“The Alisal”), in Solvang, Calif., to expand the property’s electric vehicle charging capabilities for resort guests […]

Insurdinary Surpasses 1000 Reviews! thumbnail

Insurdinary Surpasses 1000 Reviews!

Learn How Canada’s Fastest Growing Rate Comparison Platform is Impressing Folks Nationwide. TORONTO–(BUSINESS WIRE)–#financial–Millions of people across Canada have obtained quotes and helpful information from Insurdinary for their insurance and financial well being. More than 1000 of those folks have taken the time out of their day to review the company, and that does not […]

UK Insurtech Policy Expert Appoints Sanchit Suri as CEO

UK Insurtech Policy Expert Appoints Sanchit Suri as CEO

LONDON–(BUSINESS WIRE)–QMetric, the UK insurtech that provides home and motor insurance under the Policy Expert brand, has today announced the appointment of Sanchit Suri as Chief Executive Officer to take the reins from Co-Founder Tony Deacon, who has retired after establishing the business among the UK’s top 10 home insurance providers. QMetric combines a data […]

Fintech Tipalti Accelerates Global Expansion With New Toronto, Canada Location

Fintech Tipalti Accelerates Global Expansion With New Toronto, Canada Location

Company Plans to Hire 300 new team members by 2023 SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, the leading global payables automation company, today announced that it will be opening new offices in Toronto, Ontario, Canada. This is the sixth global office for Tipalti, joining existing locations in San Mateo, California, Plano, Texas, London, England, Kibbutz Glil-Yam, Israel, […]

Paycast Partners With Marqeta and Mastercard For New Marketplace Payment Solution thumbnail

Paycast Partners With Marqeta and Mastercard For New Marketplace Payment Solution

Paycast will leverage Marqeta’s modern card issuing platform and the Mastercard network to empower marketplaces with payment solutions that help platforms and sellers grow with fewer limitations. LONDON–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, Mastercard (NYSE: MA), a leader in global payments, and Paycast (an SPG Company), the marketplace payment engine, announced […]

Citi Securities Services and Taskize Partner to Streamline Counterparty Operational Workflow thumbnail

Citi Securities Services and Taskize Partner to Streamline Counterparty Operational Workflow

LONDON & NEW YORK–(BUSINESS WIRE)–Citi (NYSE:C) and Taskize Limited announced today that they have entered into a strategic agreement where Citi Securities Services’ custody clients can leverage Taskize’s query management platform to directly connect to their Citi Operations counterparts. This collaboration brings together Taskize’s structured workflow capabilities and Citi’s industry-leading proprietary custody network spanning over […]

Liqid Ranked Number 131 Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500™

Liqid Ranked Number 131 Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500™

Company Attributes 1034% Revenue Growth to High Demand for Flexible, Efficient Data Center Architectures to Meet the Data-intensive Demands of Artificial Intelligence BROOMFIELD, Colo.–(BUSINESS WIRE)–#ArtificialIntelligence—Liqid, the world’s leading software company delivering data center composability, today announced it ranked 131 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life […]

Horizon and MERJ Launch ‘Upstream’ Securities Exchange and Trading App for Novel Digital Assets, Securities and NFTs thumbnail

Horizon and MERJ Launch ‘Upstream’ Securities Exchange and Trading App for Novel Digital Assets, Securities and NFTs

Strategic investors & partners include Pitbull and Timbaland’s Beatclub platform ZUG, Switzerland–(BUSINESS WIRE)–MERJ Exchange Limited and Horizon Fintex (“Horizon”), a blockchain technology company that builds and operates securities exchanges, have announced the launch of Upstream, a global marketplace for digital assets, securities, and NFTs to trade on the Ethereum blockchain. Upstream is available for download […]

Shield Compliance and POSaBIT Bring Compliant Cannabis Banking and Payments to the Industry thumbnail

Shield Compliance and POSaBIT Bring Compliant Cannabis Banking and Payments to the Industry

Alliance offers cannabis-related businesses and financial institutions a safer way to process transactions while creating new revenue opportunities. SEATTLE–(BUSINESS WIRE)–Shield Compliance (www.shieldbanking.com) and POSaBIT (www.posabit.com) announced a strategic alliance to provide cannabis-related businesses (CRBs) and financial institutions a complete end-to-end view of compliance to ensure the transparency and traceability of transactions while also creating new […]

United Fintech Announces Acquisition of Trading Analytics Firm FairXchange thumbnail

United Fintech Announces Acquisition of Trading Analytics Firm FairXchange

Third acquisition in first year of operation to “save big banks from Big Tech” Partly acquiring London-based FairXchange, United Fintech makes third acquisition in first year of operation to “save big banks from Big Tech.” And according to its Danish CEO Christian Frahm, the fintech platform is becoming an increasingly desired “one-stop-shop” for big banks […]

Trulioo Receives Approval from German Media Authorities to Provide Age Verification Services thumbnail

Trulioo Receives Approval from German Media Authorities to Provide Age Verification Services

Trulioo’s automated identity verification solution receives a positive assessment as an age verification system (AVS) concept in telemedia VANCOUVER, British Columbia–(BUSINESS WIRE)–#regtech—Trulioo, the global identity verification leader, today announced that the Kommission für Jugendmedienschutz (KJM) or the Commission for the Protection of Minors in the Media, has certified its solutions can be implemented in the […]

ICE Announces Planned Launch of Phase One of ICE Risk Model 2.0, a VaR-Based Portfolio Margining Methodology thumbnail

ICE Announces Planned Launch of Phase One of ICE Risk Model 2.0, a VaR-Based Portfolio Margining Methodology

CHICAGO & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the first phase of its futures and options initial margin methodology update from ICE Risk Model (IRM 1.0) to a Value-at-Risk (VaR)-based portfolio margining methodology, IRM 2.0. IRM 2.0 utilizes a Filtered Historical Simulation VaR […]

D.A. Davidson Acts as Exclusive Financial Advisor to QuickFee Limited in Establishing a New Multi-Currency, Asset-Backed Financing with Northleaf Capital Partners thumbnail

D.A. Davidson Acts as Exclusive Financial Advisor to QuickFee Limited in Establishing a New Multi-Currency, Asset-Backed Financing with Northleaf Capital Partners

NEW YORK–(BUSINESS WIRE)–#finance–D.A. Davidson & Co. announced that it has served as exclusive financial advisor to QuickFee Limited in establishing a new USD equivalent, $70 million multi-currency, asset-backed financing with Northleaf Capital Partners. QuickFee (ASX:QFE) is a fast-growing financial technology company providing an innovative suite of online payment solutions and loan origination offerings to professional, […]

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