Business Wire


ILWU FCU and Columbine FCU Launch Mahalo’s Thoughtful Banking® Platform

Two credit unions implement the enhanced digital banking platform to deliver intuitive member experiences TROY, Mich.–(BUSINESS WIRE)–#automation—Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced that Long Beach, Calif.-based ILWU Federal Credit Union (‘ILWU’) and Centennial, Colo.-based Columbine Federal Credit Union (‘Columbine FCU’) are now live on its […]

AptPay and ILIXIUM Announce Strategic Partnership to Transform Real-Time Payments and Account Verification in Online Gaming for Canada

TORONTO–(BUSINESS WIRE)–#Canada–AptPay, a global leader in payments technology, and ILIXIUM, a worldclass provider of online payment services, are excited to announce a strategic partnership aimed at revolutionizing real-time payments and account verification services in the online gaming industry in Canada. This collaboration brings together the innovative capabilities of both companies to deliver enhanced speed, security, […]

PublicSquare Announces Agreement for $10 Million Convertible Note to Fund New Payments Business

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America’s leading commerce and payments ecosystem valuing life, family, and liberty, today announced it has entered into an agreement for a $10.0 million convertible note in a private placement with a board member and his affiliates. The note has substantively identical terms […]

OutSystems Named Best Product for App Development by 2024 SaaS Awards

Award celebrates top SaaS innovators across the globe BOSTON–(BUSINESS WIRE)–OutSystems, a global leader transforming how companies innovate through software, today announced that it has been crowned “Best SaaS Product for Web or App Development” by the 2024 SaaS Awards, run by the Cloud Awards program. “This recognition underscores OutSystems’ commitment to building the world’s best […]

HONK’s New, Innovative Service Plans Are a Game Changer for the Roadside Assistance Industry

HONK, long the leader in roadside assistance software innovation, is set to revolutionize the industry once again with three levels of service and a suite of AI-driven digital tools. LOS ANGELES–(BUSINESS WIRE)–#honk–Industry-leading roadside assistance software company HONK Technologies today launched a suite of service plans which simplify the process of comparing service offerings among roadside […]

10Pearls Celebrates 6th Consecutive Year on the Inc. 5000 List

Persistent Growth and Innovation Earn 10Pearls a Spot Among America’s Top Private Companies WASHINGTON–(BUSINESS WIRE)–Inc. revealed today that 10Pearls has been recognized on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment–its […]

Setpoint Secures $31M Series B From Wells Fargo, Citi, 645 Ventures, Andreessen Horowitz and Others to Revolutionize Credit Infrastructure

NEW YORK–(BUSINESS WIRE)–Setpoint, the leading infrastructure provider for the credit industry, today announced the successful completion of its $31 million Series B funding round. 645 Ventures led the round, with significant strategic investments from Citi and Wells Fargo, alongside Andreessen Horowitz, NextView Ventures, Floating Point, Henry Kravis, Zillow founder’s 75 & Sunny, Vesta Ventures, Fifth […]

MAFCU Selects Spiral to Boost Community Impact and Member Savings Through Everyday Banking

Mid-Atlantic Federal Credit Union adds Spiral to offer personalized banking experiences that make it easy for members to support their communities and grow their savings through everyday banking. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with Mid-Atlantic Federal Credit Union (MAFCU), a leading Maryland-based credit union renowned for its community […]

MDT Executes 90+ Fintech Integrations for Credit Unions in First Half of 2024

CUSO helps credit unions effectively bridge into the fintech ecosystem FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today shared that it has successfully completed over 90 fintech integrations for credit unions, […]

Tyfone Celebrates 100th Episode of Digital Banking Podcast with Industry Legend, Margarete Mucker

~ A pioneer of change, Star One Credit Union veteran shares her philosophy for driving innovation and impact ~ PORTLAND, Ore.–(BUSINESS WIRE)–#Banking–Digital banking provider Tyfone today announced the release of the 100th episode of its “Digital Banking Podcast.” To celebrate this achievement, the podcast host and EVP of Evangelism at Tyfone Josh DeTar invited back […]

KlariVis Secures No. 145 Spot on the 2024 Inc. 5000, Ranks 14th in the Software Industry

Company’s Performance Stands Out Among America’s Fastest-Growing Private Companies ROANOKE, Va.–(BUSINESS WIRE)–KlariVis, a pioneer in optimizing banking data analytics, announced today that it was ranked 145th overall and 14th in the software industry on the prestigious Inc. 5000 list of the fastest growing, privately owned companies in America. The prestigious ranking provides a data-driven look […]

Xceedance Onboarded as the Strategic Partner of HDFC ERGO to Implement Duck Creek’s Full Suite of SaaS Core Insurance Delivery Systems in India

GURGAON, India–(BUSINESS WIRE)–HDFC ERGO General Insurance, India’s leading private-sector general insurance company, has onboarded Xceedance, a global provider of insurance-focused consulting, technology, operations support, and data solutions for many of the world’s largest P&C insurance organisations, as the strategic partner to launch its Duck Creek Technologies SaaS core insurance delivery solutions across India. The project […]

CI Investment Services Inc. to Assume Client Accounts of Discount Brokerage Arm of Laurentian Bank Securities

TORONTO–(BUSINESS WIRE)–CI Investment Services Inc. (“CIIS”), a subsidiary of CI Financial Corp., announces it has reached an agreement with Laurentian Bank under which CIIS will assume the client accounts and assets under administration of the discount brokerage division of Laurentian Bank Securities. Under the agreement, the accounts of approximately 2,050 clients with $250 million in […]

Mbanq Enhances Credit Decisioning for Banks and FinTechs with AI Tech From SMEApprove

Mbanq implements AI-driven credit evaluation for financial platforms to enable faster, more accurate credit decisions when lending to small and medium-sized enterprises (SMEs). NAPLES, Fla.–(BUSINESS WIRE)–#AI–Global banking technology and Banking-as-a-Service (BaaS) provider, Mbanq, announces its partnership with SMEApprove, a leading provider of Credit Decisioning-as-a-Service (CDaaS) to organizations that lend to the small and medium-sized enterprise […]

Q2’s New Consumer Survey Reveals People of All Ages Want Personalized Banking

More than 65 percent of consumers say they are comfortable with their financial institutions using their data to personalize their banking experiences and AI technology for fraud protection AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings Inc., a leading provider of digital transformation solutions for financial services, today announced the release of a new Harris Poll consumer report, The […]

Ault Alliance Announces that Sentinum, its Wholly Owned Subsidiary, has Mined 552 Bitcoin in 2024 and 2,894 Bitcoin Since Inception

The Company has Plans to Expand its Data Center Operations LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly owned subsidiary Sentinum, Inc. (“Sentinum”), as of July 31, 2024, has mined 552 Bitcoin in 2024 at the Company’s data centers in Michigan […]

American Signature, Inc. Selects Progressive Leasing as Exclusive Lease-to-Own Partner

Progressive Leasing chosen to provide omnichannel lease-to-own experience for American Signature Furniture and Value City Furniture SALT LAKE CITY–(BUSINESS WIRE)–Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions owned by fintech holding company PROG Holdings, Inc. (NYSE: PRG), today announced an agreement to power lease-to-own payment solutions for American Signature, Inc., owner […]

Tigertail Capital Partners Officially Launches with Formation of Advantage Distribution Holdings

Advantage Distribution Holdings has been formed to create an industry-defining, tech-enabled distribution platform of HVAC equipment & parts MIAMI–(BUSINESS WIRE)–Tigertail Capital Partners (“TCP”), a Miami-based investment firm, is pleased to announce its official launch. TCP is dedicated to investing in founder-owned businesses across highly fragmented industries with limited tech-enablement to-date. TCP is led by Alex […]

SMArtX Advisory Solutions Expands Model Marketplace with 22 New Strategies from Four Leading Asset Management Firms

American Drive Model Portfolios and Cohen & Steers Join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, has announced the addition of 22 new strategies from four leading asset management firms to its rapidly expanding Model Marketplace. SMArtX’s cutting-edge platform now offers 1,505 strategies from […]

CORRECTING and REPLACING SAISON Auto & Fire Insurance Introduces Guidewire to Modernize Claims Operations in the Cloud

TOKYO & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireClaimCenter–In second paragraph, first sentence of release issued July 22, 2024, name of President and CEO of SAISON Auto & Fire Insurance should read: Katsuhito Nakagawa (instead of Katsushi Nakagawa). The updated release reads: SAISON AUTO & FIRE INSURANCE INTRODUCES GUIDEWIRE TO MODERNIZE CLAIMS OPERATIONS IN THE CLOUD SAISON […]

Leading Credit-Building Platform Firstcard Unveils Rebrand and Expands Services to Immigrant and Underserved Credit Markets

PALO ALTO, Calif.–(BUSINESS WIRE)–#CreditBuilding—Firstcard, a leading credit-building platform, announces its expansion into new markets to help broader communities build credit. Initially focused on helping college students establish better credit, Firstcard now extends its services to immigrants, international students, expats, non-U.S. citizens, and individuals with low credit scores in the US. Alongside this market expansion, Firstcard […]

ProcessUnity Accelerator for EU DORA Compliance Enhances Third-Party Risk Management and Operational Resilience

New offering simplifies complex compliance efforts and strengthens business resilience against supplier failures BOSTON–(BUSINESS WIRE)–ProcessUnity, the leading provider of third-party risk management software and data solutions, today announced the launch of its turnkey Digital Operational Resilience Act (DORA) solution for entities regulated in the European Union (EU) and their business partners. The software platform is […]

Dancerace Secures Significant Investment from Norland Capital to Accelerate Global Expansion and Product Innovation

BATH, United Kingdom–(BUSINESS WIRE)–Dancerace, a fast-growing FinTech company and the leading provider of cloud-based software solutions for major banks and lenders globally, today announced a significant new investment from Norland Capital, a software and technology-focused investment firm based in San Francisco, Boston, Sydney, and London. Alantra, a global investment banking firm advised Dancerace and its […]

Prosus: Executive Leadership and Board Change

AMSTERDAM–(BUSINESS WIRE)–Prosus N.V. (Prosus) (AEX and JSE: PRX): The Naspers and Prosus boards announce that after 29 years of exemplary leadership and service, Basil Sgourdos will retire from his position as Group Chief Financial Officer and financial director of both companies effective 30 November 2024. Basil has had a broad and varied career at Naspers […]

InvestCloud Delivers Client Lifecycle Management Platform for Rathbones Group PLC

Client Lifecycle Management from InvestCloud modernises the client service experience through digital capabilities that improve operational efficiency and enable holistic client engagement LONDON–(BUSINESS WIRE)–InvestCloud, a global wealth and asset management solutions provider, successfully launched its Client Lifecycle Management (“CLM”) platform in partnership with Rathbones Group Plc (“Rathbones”), a leading UK wealth manager. By leveraging InvestCloud’s […]

Datch Closes $15M Series A

Datch raises fresh funding to deploy new AI insights solution NEW YORK–(BUSINESS WIRE)–Datch, a pioneer in AI technology for frontline manufacturing, energy and utility sectors, today announced the closing of its $15M Series A via an extension led by Third Prime. The fundraise coincides with the launch of Datch’s latest product offering, Asset Insights. Industrial […]

DigitalOwl Announces Launch of New Platform for Smarter, Faster Medical Reviews

NEW YORK–(BUSINESS WIRE)–DigitalOwl’s all-in-one platform leverages proprietary Generative AI (GenAI), an advanced Entity Recognition engine, and a comprehensive Medical Knowledge Base to streamline medical record reviews for Life insurance, P&C insurance, and Legal industries. It enhances efficiency during underwriting, post-issue audits, claims review, personal injury cases, bodily injury claims, workers’ compensation cases, and mass tort […]

Clearspeed Named on CNBC’s 2024 List of the World’s Top InsurTech Companies

SAN DIEGO–(BUSINESS WIRE)–Clearspeed, the leading provider of AI-powered risk assessment technology for enterprise organizations, has been named to CNBC’s 2024 inaugural list of the World’s Top InsurTech Companies. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider. The award list can be viewed on the CNBC […]

Greenlight Teams Up with Google Wallet to Bring Financial Independence to New Kids Smartwatch

Google Fitbit Ace LTE now connects with Greenlight’s debit card empowering kids to spend wisely on the go ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, today announced a collaboration with Google to connect with the Fitbit Ace LTE, a first-of-its-kind smartwatch that helps kids […]

Software Supply Chain Innovator Endor Labs Unveils A New Way To Remediate Application Security Risks

Latest Advances Solve Critical Industry Problem and Speed Up Vulnerability Remediation LAS VEGAS–(BUSINESS WIRE)–#CISO—Endor Labs, the leader in software supply chain security, today unveiled two groundbreaking capabilities that fix an expensive and time-consuming problem in the Software Composition Analysis (SCA) market. Software version upgrades are often required to fix critical vulnerabilities in open source software […]

Chime Partners with NCR Atleos to Expand Brand Reach Across the United States

ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Chime, the #1 Most Loved Banking AppTM1, has expanded its relationship with Atleos, entrusting its brand and cardholder experience to ATMs within Atleos’ Allpoint Network at more than 4,000 Walgreens stores across […]

Tecnotree Recognized in 3 Different 2024 Gartner® Hype Cycle™ Reports, for Partner Ecosystem Management Platforms for CSPs, CSP Digital Marketplaces, and AI for CSP Customer Interactions Categories

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global leader in digital platforms and services for AI, 5G, and cloud-native technologies, has been mentioned in three different 2024 Gartner Hype Cycle reports, recently published. Tecnotree has been cited under the categories of Hype Cycle for Enterprise Communication Services, Private Mobile Network Services, and Operations and Automation in Communications Industry, […]

Options Announces Expansion in Toronto, Bolstering Canadian Markets

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced the expansion of its Toronto office. The expansion is part of Options’ strategic growth in North America and demonstrates the firm’s continued commitment to its clients and partners across the Canadian financial markets. The new office, at 141 […]

Western Circle Celebrates a Decade of Service With Record Customer Satisfaction Ratings

Premier UK financial assistance provider achieves record-high ratings across multiple platforms, reflecting unwavering commitment to customer service LONDON–(BUSINESS WIRE)–#ai–Western Circle, a leading name in online financial assistance, proudly marks ten years of unparalleled service to individuals across the UK. In this milestone, the company announces record-high customer satisfaction ratings, underscoring its dedication to exceptional service […]

First National Bank of Fort Smith Partners with Blend to Streamline their Mortgage Lending and HELOC Businesses

FNB Mortgage live and actively originating on Blend’s platform in under 6 weeks SAN FRANCISCO–(BUSINESS WIRE)–FNB Mortgage, the mortgage division of The First National Bank of Fort Smith, as well as its other bank divisions First National Bank of NWA, National Bank of Sallisaw, and Central National Bank of Poteau, today announced a partnership with […]

Two Harbors to Use ICE’s Encompass Digital Mortgage Platform in Servicing Retention Strategy via Direct-to-Consumer Lending Channel

Encompass chosen for comprehensive capabilities, configurability, and rapid implementation ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Two Harbors Investment Corp.(NYSE:TWO) (“Two Harbors”), an MSR + Agency RMBS real estate investment trust, has selected the Encompass® digital mortgage platform to support their new […]

SRM Releases Report on the Impact of FedNow and the Outlook for Instant Payments in the United States

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM, an independent advisory firm serving financial institutions across North America and Europe, released its new report titled “Examining the First Year of FedNow & the State of Instant Payments.” Click to Download It has been just over a year since Federal Reserve Financial Services launched its FedNow® Service to provide a new […]

Wescom Credit Union Announces Elimination of Non-Sufficient Funds (NSF) Fees on Checking Accounts

PASADENA, Calif.–(BUSINESS WIRE)–Effective August 01, 2024, Wescom, one of the largest community credit unions in California, is no longer charging Non-Sufficient Funds (NSF) fees. Commonly charged by most big banks and credit unions, a NSF fee is charged when a check or Automated Clearing House (ACH) is presented for payment but there is an insufficient […]

Ooma Office Business Phone Service Now Integrates with Intuit QuickBooks, Boosting Customer Experience

SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced the integration of its Ooma Office business phone service with Intuit QuickBooks, a leading global financial technology platform. By integrating QuickBooks (https://www.ooma.com/small-business-phone-systems/integrations/quickbooks/) with the Ooma Office desktop app, inbound and outbound calls instantly present customer information from QuickBooks Online – such […]

J.P. Morgan Payments and PopID to Expand Biometric Offerings

Whataburger to extend PopID’s biometric payments solution with payments processing powered by J.P. Morgan Payments NEW YORK–(BUSINESS WIRE)–J.P. Morgan Payments today announced an expanded relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States. The pay-by-face biometric payment solution allows shoppers to complete transactions more seamlessly, removing the need for […]

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