Business Wire


Carvana and Root, Inc. Exclusively Partner to Develop Industry-First Integrated Auto Insurance Solutions for Carvana Customers

Carvana to invest approximately $126 million in leading insurtech Root, Inc. PHOENIX & COLUMBUS, Ohio–(BUSINESS WIRE)–Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance […]

Two Leading Insurtech Companies for In-Home Care and Caregiver Support Partner To Provide A Comprehensive Aging-In-Place Program

AUSTIN, Texas–(BUSINESS WIRE)–#informalcaregiver—The Helper Bees (THB), an industry-leading insurtech company providing the largest payers of home care with the nation’s most comprehensive aging-in-place platform, today announced a newly founded partnership with TCARE. TCARE is the only evidence-based, CMS-approved and ACL-accredited solution to prevent informal caregiver burnout. According to a 2020 report from AARP, there are […]

Questica Partners with WSIPC to Support K-12 Organizations

Contract vehicle will make it easier and more affordable for K-12 schools and public agencies to adopt modern budgeting software and services solutions BOSTON–(BUSINESS WIRE)–#K12—Questica Inc., the leading provider of public sector budgeting solutions, today announced it has been named an awarded vendor by WSIPC RFP 21-01 for computer software, licenses and services to K-12 […]

StoryTrading Partners with Benzinga to Integrate Social Investing App with High-Quality, Market-Moving Information

— StoryTrading Signs First Data Partnership as Platform Continues to Gain Traction — — Benzinga Data Feeds Enhance Research for StoryTrading Investor-Trader Community — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders understand the story behind the trade, today announced it has partnered with financial news and analysis service […]

EY Announces Bill Capuzzi of Apex Fintech Solutions LLC as an Entrepreneur Of The Year® 2021 Southwest Award Winner

DALLAS–(BUSINESS WIRE)–Ernst & Young LLP (EY US) today announced that CEO Bill Capuzzi of Apex Fintech Solutions LLC was named an Entrepreneur Of The Year® 2021 Southwest Award winner. The annual Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. The award recognizes those […]

RappiPay Generates 179% Uplift in Conversion Rates by Trusting AI to Deliver Faster, Better Messages

How RappiPay Uses the a Language Personalization Platform to Generate Better Words and Drive Certainty into their Marketing Efforts NEW YORK–(BUSINESS WIRE)–#AI–Persado, the leading AI content generation and decisioning platform, announced the initial results of its work with digital banking company RappiPay. The collaboration drove triple-digit conversion rates for RappiPay by leveraging the Persado AI […]

Capitalize to Become First Retirement Resource for The Financial Gym

In the Wake of the Great Resignation, the Partnership Will Help Clients Find and Roll Over 401(k) Accounts to Maximize Savings NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and The Financial Gym, a personal financial services company that takes a fitness-inspired approach to its clients’ finances, today announced a new partnership […]

ICE and risQ Introduce Social Impact Scores

Data helps investors quantify social impact of investments across different communities ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, and risQ, a Boston-based startup focused on geospatial climate, economic and demographic data, today announced the launch of a new data service that was designed […]

Options and Quercus Technology Group Announce Global Partnership

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a partnership with Quercus Technology Group, enabling cloud and application optimisation services for industry leading Tier 1 electronic trading applications and Capital Markets solutions. The partnership creates a unique offering that combines domain […]

ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money

The all-in-one payments, invoicing, and expense tracking app makes getting paid and managing finances a Zen experience for the smallest of business owners AUSTIN, Texas–(BUSINESS WIRE)–#ZenBusiness—ZenBusiness, a one-stop business management platform with the mission to make starting, running, and growing a successful business simple and accessible, today introduced ZenBusiness Money, an all-inclusive payments and invoicing […]

OwnBackup Approaches $3.35 Billion Valuation with Series E Investment; Expands its Leading Cloud-to-Cloud Data Protection to Microsoft

The company’s latest funding round includes investments from Alkeon Capital, B Capital Group, BlackRock Private Equity Partners, Tiger Global, Insight Partners, Salesforce Ventures, Sapphire Ventures, and Vertex Ventures ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–OwnBackup, a leading cloud data protection platform, today announced a Series E investment of $240 million co-led by Alkeon Capital and B Capital Group, […]

Majesco Launches Majesco ClaimVantage Connect Digital Portal

New portal enables customers to deliver a modern user experience that connects anytime, anywhere MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco ClaimVantage Connect, a new digital portal specific for customers using Majesco ClaimVantage solutions including claims, absence and accommodation management. The […]

MOCA Launches Mia, a Browser-Based Online Payment Assistant

The browser extension makes online payments more convenient and secure AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider, announced the launch of Mia, its online payment assistant browser extension. Mia can be downloaded for Chrome, Firefox, and Safari, and Internet Explorer and works through the browser to make online purchases with MOCA Cards […]

Seaboard Federal Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

BERKELEY, Calif–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking provider, announced that Seaboard Federal Credit Union ($181 million in assets), has selected EasyVest, Access Softek’s integrated robo-advisor solution, to provide automated investing solutions to members. EasyVest is a fully automated investment manager that seamlessly integrates with both online and mobile banking and gives credit union […]

Arkose Labs Introduces Industry’s First Warranty Against Credential Stuffing Attacks

The Credential Stuffing Warranty offers a commercial guarantee that covers customers up to $1 million SAN FRANCISCO–(BUSINESS WIRE)–Arkose Labs, provider of online fraud and abuse prevention technology, today unveiled an industry-first $1 million Credential Stuffing Warranty. This unprecedented vendor warranty offers a commercial guarantee against credential stuffing attacks, covering customers up to $1 million in […]

Cambridge Judge Business School Collaborates With Esme Learning to Launch Executive Education Online Programmes in Startup Funding, RegTech

Collaboration will produce immersive online executive education programmes that deliver rewarding and transformative career development across frontier fields LONDON & CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Judge Business School and Esme Learning, the AI-powered digital learning platform, have announced a collaboration to empower working professionals’ career development across frontier fields. The multi-year collaboration commences with two inaugural six-week […]

Record-Breaking VC Investment in Fintech in First Half of 2021

KPMG’s Pulse of Fintech reveals investment hit US$98 billion US$98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with $121.5 billion during all of 2020. Global VC investment in fintech reached a record $52.3 billion in H1’21 – more than doubling the $22.5 billion seen in H2’20. NEW YORK–(BUSINESS WIRE)–Overall global fintech […]

Cross-Border Payments Specialist ONEPIP Gains Competitive Edge With New Compliance Solutions From Napier

SINGAPORE–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, has announced that cross-border payment specialist ONEPIP will be using its technology as part of ONEPIP’s upgraded anti-money laundering (AML) controls. Napier’s AI-led Transaction Monitoring, Client Activity Review and Risk-Based Scorecard Review will give ONEPIP a systematic, intelligent review of all its transactions and […]

Silverfort Partners with IDSA to Build Awareness for Identity-based Zero Trust

Company will Work with the Identity Defined Security Alliance to Help Organizations Overcome Modern Authentication and Access Management Challenges BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#IAM—Silverfort, the unified identity protection company, today announced it has joined the Identity Defined Security Alliance (IDSA), a nonprofit that provides vendor-neutral resources to help organizations reduce the risk of a […]

Micropayment Platform Dropp Debuts, Putting Pay-as-You-Go Option in Reach of Both Merchants and Consumers

Dropp forms advisory board encompassing deep expertise in media, fintech, cloud computing and academia NEW YORK–(BUSINESS WIRE)–Dropp, the world’s first cost-effective digital micropayment transaction platform enabling payments both in FIAT ($USD) and cryptocurrency putting low payment options in reach of both merchants and consumers, makes its marketplace debut today. The company also announced the appointment […]

Janus Henderson to Offer Model Portfolios through Orion Portfolio Solutions

DENVER & OMAHA, Neb.–(BUSINESS WIRE)–Janus Henderson Investors today announced that a suite of three proprietary mutual fund driven model portfolios and two model-delivered separately managed accounts (SMA) are now available to financial advisors through Orion Portfolio Solutions (OPS), the premier turnkey asset management program (TAMP) of wealthtech platform leader Orion Advisor Solutions. OPS users can […]

NinjaTrader Announces FCM to Support Retail Futures Traders

FCM to Provide Simplified Access to the Global Futures Markets CHICAGO–(BUSINESS WIRE)–#futures–NinjaTrader Group, LLC, a leading provider of trading software and brokerage services, has announced the launch of NinjaTrader Clearing, LLC. As a non-clearing Futures Commission Merchant, NinjaTrader Clearing will deliver innovative Fintech services & a modern user experience for self-directed traders to cost-effectively access […]

InRoads Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–#artificialintelligence–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members. Founded in 1938 and headquartered in St. Helens, Ore., InRoads Credit Union has grown to support members across […]

Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa

African mobility fintech start up provides revenue-based vehicle financing, empowering individuals across Africa to own their own vehicle LAGOS, Nigeria–(BUSINESS WIRE)–Moove, an African mobility fintech, today announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, […]

SIMON Reports Second Quarter Highlights

NEW YORK–(BUSINESS WIRE)–#fintech—SIMON Markets LLC (SIMON), a fintech company transforming the digital wealth management landscape for financial professionals through its leading platform for alternative investment solutions, today announced business highlights underscoring its continued growth during Q2 2021. The company reports year-over-year increases in revenue of +103%, volume of +137%, and usage of +74%, as compared […]

STP Investment Services Launches New Wealth Management-Focused Technology and Accompanying Service Offering

Backed by years of success providing outsourced operations to institutional and wealth management firms alike, STP debuts a set of features including new reporting methods and new integrations with established WealthTech powerhouses. WEST CHESTER, Penn.–(BUSINESS WIRE)–#BluePrint—STP Investment Services (STP), a global, end-to-end investment operations service provider that services more than $330 billion in total assets, […]

Redspin is Approved to Offer CMMC Training as a Licensed Training Provider

Redspin gears up to provide Certified CMMC Professional and Assessor training classes online, on-client site, or onsite at one of its locations AUSTIN, Texas–(BUSINESS WIRE)–$CTEK #CMMC—Redspin, a division of CynergisTek (NYSE AMERICAN: CTEK), a leading cybersecurity firm helping organizations in highly regulated industries navigate emerging security and privacy issues, today announced the company is approved […]

Sable and Wise Launch Fast, Cheap and Convenient International Money Transfers

Sable’s “Best Rate Guarantee” gives added assurance customers are using the fastest and cheapest service NEW YORK–(BUSINESS WIRE)–Sable, a globally-focused fintech platform offering global citizens without credit history or a SSN a one-stop shop for checking and credit, today announced a new integration with Wise that gives customers the option to transfer money internationally directly […]

InsurTech Openly Selects Majesco Billing for P&C on Majesco CloudInsurer® as a Core Component to their Cutting-Edge Technology

Providing customers greater customer service, increased flexibility, and a modern insurance experience with direct and installment-based billing options MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Openly, a technology-enabled premium home insurance provider focused on independent agents, selected Majesco Billing for P&C on Majesco CloudInsurer® […]

Greenwood Launches Greenwood Studio to Produce Finance and Business Shows and Podcasts for Black and Latino Audience

Announces Five Original Works Including Podcasts and Video Series; Announces iHeartMedia Distribution Deal and a Partnership with Earn Your Leisure Podcast ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced the launch of Greenwood Studio. Greenwood Studio will produce essential personal finance content targeted at the Black and […]

85% of Deposits Now Made Digitally at Bank of America as Growth in Client Engagement with Digital Continues

Clients enjoy individualized experiences through digital, and the ease and convenience of managing their financial lives anywhere and anytime CHARLOTTE, N.C.–(BUSINESS WIRE)–Digital engagement continues to grow rapidly at Bank of America, with more clients making online and mobile primary channels for more of their banking and lending with Bank of America and investing with Merrill. […]

Pentadata Announces Agreement with Finicity Open Banking Platform

Pentadata developer platform to access consumer-permissioned data from Finicity to deliver value-added services to merchants and consumers SAN FRANCISCO–(BUSINESS WIRE)–Pentadata Inc., a leading, secure API-based financial data platform, today announced a partnership with Finicity, a leading provider of open banking solutions. Finicity, acquired by Mastercard in 2020, is working closely with Pentadata to help developers […]

Sensibill and CAARY Partner to Bring Robust Digital Finance Solution to Small and Medium-sized Enterprises

SKU-level data expert and SME credit provider help Canadian businesses track spending and manage finances TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of everyday financial tools and SKU-level insights, and CAARY, a new credit and financial platform for small and medium-sized enterprises (SMEs), today announced their partnership. Together, the companies will offer a seamless, end-to-end financial services […]

Overbond and IPC Accelerate Automation of Fixed Income Trading With Voice-to-AI Partnership

TORONTO & JERSEY CITY, N.J.–(BUSINESS WIRE)–#ai–Overbond has partnered with IPC, a leading provider of secure, compliant communications and multi-cloud connectivity solutions for the global financial markets, to integrate IPC’s point-of-trade voice transaction data into Overbond’s AI algorithms powering automated fixed-income trading. Overbond’s fixed-income AI pricing and liquidity algorithms harness the industry’s deepest data stack, which […]

WEX Pay Card Provides Fast, Easy Funding for Businesses and Cardholders

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced the launch of the WEX Pay Card. Businesses can transfer funds to the WEX Pay Card in real time, 24 hours a day, 365 days a year through an easily managed process and cardholders can use the card anywhere Mastercard® is accepted. […]

Australia’s Newest Digital Bank Goes Live on Temenos to Champion Fairer, More Human Banking Experiences

Alex, Australia’s newest digital bank, goes live on The Temenos Banking Cloud to create a hyper-efficient cost structure and offer better value lending products and services to retail customers Temenos technology simplifies Alex’s loan application journey, facilitating 3-minute application times and the delivery of nearly 10,000 loans in the last six months Temenos’ packaged banking […]

ICE Benchmark Administration Publishes Feedback Statement on the Consultation on the Potential Cessation of ICE Swap Rate® based on GBP LIBOR®

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 published a feedback statement on its intention to cease the publication of ICE Swap Rate® settings based on GBP LIBOR®. Further to the FCA’s announcement on March 5, 2021, regarding the […]

Patientco® Named Best Patient Financial Engagement Platform in Wealth & Finance International’s 2021 FinTech Awards

ATLANTA–(BUSINESS WIRE)–#engagement—Patientco, a next-generation patient payment technology company, has been named the Best Patient Financial Engagement Platform in the 2021 FinTech Awards by Wealth & Finance International. The award recognizes Patientco’s efforts to elevate the patient financial experience by transforming how patients manage their medical expenses while ensuring health systems stay funded. The 2021 FinTech […]

VisualOn Selected by KDDI to Stream the Japan High School Girls Baseball Championship

MultiStream Sync Brings Viewers Closer to the Action and Gives Control Over the Live Sports Experience to Renowned Event in Japan TOKYO & SAN JOSE, Calif.–(BUSINESS WIRE)–$KDDI #livesports–VisualOn Inc., a streaming solutions provider that optimizes the impact of the video player, today announced that KDDI is utilizing the VisualOn Media Player to revolutionize the live […]