Business Wire


tZERO Named Most Innovative in Capital Markets by Benzinga in 2021 Global Fintech Awards

Firm Recognized for Its Innovative Platform, Comprehensive Technology Stack, Regulatory-First Approach, & Strategy NEW YORK–(BUSINESS WIRE)–tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that it has won the 2021 Benzinga Global Fintech Award in the ‘Most Innovative in Capital Markets’ category. The award recognizes outstanding performance in capital markets and […]

ICE Expands ESG Data Offering to 2 Million Fixed Income Securities

Coverage spans multiple geographies, including North America, Europe and Asia ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that its Environmental, Social and Governance (ESG) Reference Data coverage now includes 2 million fixed income instruments. ICE’s ESG Reference data covers equity and […]

Ault Global Holdings’ Subsidiary BitNile Enters into Partnership with Bitmain

BitNile Becomes One of Only Five Bitcoin Miners Worldwide Honored by Bitmain to Acquire the New Environmentally Friendly S19XP Antminers Featuring 140 TH/s Processing Power LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced today that its subsidiary, BitNile, Inc. (“BitNile”), has entered into a partnership with […]

Cacheflow Raises $6M Seed to Simplify SaaS Buying with Buy Now Pay Later

Former Salesforce and Ariba Executives rethink how software is bought and sold today LOS ALTOS, Calif.–(BUSINESS WIRE)–Today, Cacheflow announced an investment of $6 million led by Glenn Solomon of GGV Capital. Every business is buying more SaaS apps. Cacheflow helps SaaS companies offer an easy digital-first checkout experience with flexible payments to their customers. With […]

OneBlinc Introduces AI-Powered Salary Advance with BlincAdvance App

New Feature Gives Free Access to Emergency Funds with No Fees or Interest MIAMI–(BUSINESS WIRE)–OneBlinc, a financial empowerment fintech, announced the launch of its AI-powered salary advance tool, BlincAdvance — now available to all United States federal employees via web, iOS and Android. BlincAdvance, which has been in testing among OneBlinc existing users for the […]

Mogo and Sun Life to Bring Innovative Digital Savings Tool to Members of Sun Life’s Group Retirement Services

The automated savings tool will encourage Sun Life GRS members to easily find savings each month, helping them reach their financial goals VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announced today a new pilot with Sun Life to bring Mogo’s saving and investing app, […]

POSaBIT Becomes Approved Integrator for CCRS, Washington’s New Traceability System

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has officially been accepted as an approved integrator for CCRS, Washington State’s new state traceability system, which is scheduled to go live in early December. “The POSaBIT team has been hard at […]

Citi’s Action for Racial Equity Initiative Invests $1 Billion to Address the Racial Wealth Gap in the U.S.

Year One Results Outpace Plan to Deliver on the Three-Year Commitment NEW YORK–(BUSINESS WIRE)–Citi and the Citi Foundation announced today the Action for Racial Equity initiative has already invested $1 billion in strategic initiatives to help close the racial wealth gap and increase economic mobility in the United States in year one of a three-year […]

Vint Raises $1.7 Million in Pre-Seed Funding Led by Fintech Ventures

Innovative Fintech Platform Aims to Disrupt and Democratize the Traditionally Inaccessible Wine Investment Market RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC qualified, fully transparent, efficient platform for wine and spirits collection investing, today announced the completion of a $1.7 million pre-seed fundraising round led by Fintech Ventures with participation from Slow Ventures, Allied Venture Partners, irrvntVC, […]

SkyPoint FCU Launches New Digitally Inclusive Website to Fully Support Members

Providing more digital power and financial flexibility to all individuals and communities. GERMANTOWN, Md.–(BUSINESS WIRE)–#2021holiday—SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, announces the launch of their new website that fully supports their mission to make banking simple and provide the best possible financial services to meet the growing needs of its members. […]

Airbase Ups Cash Back and Makes Comprehensive Spend Management Solution Available for Free

2.25% on every dollar spent is the most competitive cash back in the market SAN FRANCISCO–(BUSINESS WIRE)–#Fintech–Airbase, the only spend management platform that scales with companies from idea to IPO and beyond, has today announced its Airbase Essentials package, which gives free access to its software, plus a groundbreaking cashback rate on all card spend. […]

Salary Finance Partners With Corestream To Make Financial Wellbeing Products Available to Corestream Clients

Corestream platform is source for voluntary benefits for employees, now including Salary Finance BOSTON–(BUSINESS WIRE)–#HR–Salary Finance, the leading global provider of socially responsible financial products in the workplace, today announced a partnership with Corestream, the leading platform for connecting employees with personalized lifestyle benefits. Salary Finance’s full suite of products will now be available on […]

Renaissance Announces Significant Growth Investment from Blackstone

Existing Investor Francisco Partners Remains Major Shareholder; Investment Supports Global Education Technology Leader’s Mission of Accelerating Student Growth and Learning NEW YORK, SAN FRANCISCO, WISCONSIN RAPIDS, Wis.–(BUSINESS WIRE)–Renaissance® (“Renaissance” or the “Company”), a global leader in pre-K–12 educational technology, today announced its entry into a definitive agreement for private equity funds managed by Blackstone (NYSE:BX; […]

Majesco Partners with Larsen & Toubro Infotech to Transform Business Operations for Insurers

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions, for insurance business transformation, today announced a partnership with Larsen & Toubro Infotech (LTI) to help our clients accelerate their digital transformation journey, unlock new opportunities, and deliver personalized customer experiences. LTI is a global technology consulting and digital solutions company, helping insurers solve […]

Vericred Powers One-stop Shop for Employee Benefits Quoting with Expanded Group Rating API

Adding two new lines of coverage, Vericred offers the only API enabling group medical, vision, dental, life, and disability insurance quoting NEW YORK–(BUSINESS WIRE)–Vericred, the API platform powering digital quote-to-card experiences in health insurance and benefits, today announced it has added group life and disability insurance lines of coverage to its industry-leading, multi-carrier Group Rating […]

Vericred Powers One-stop Shop for Employee Benefits Quoting with Expanded Group Rating API

Adding two new lines of coverage, Vericred offers the only API enabling group medical, vision, dental, life, and disability insurance quoting NEW YORK–(BUSINESS WIRE)–Vericred, the API platform powering digital quote-to-card experiences in health insurance and benefits, today announced it has added group life and disability insurance lines of coverage to its industry-leading, multi-carrier Group Rating […]

Netcapital Inc. Acquires Assets and Business of ValuCorp, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced today that it has acquired the assets and business of ValuCorp, Inc., a business valuation firm with expertise in a wide array of strategic advisory services, including M&A advisory, capital raising, and restructuring. The terms of this transaction were not disclosed. ValuCorp, founded […]

Netcapital Inc. Acquires Assets and Business of ValuCorp, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced today that it has acquired the assets and business of ValuCorp, Inc., a business valuation firm with expertise in a wide array of strategic advisory services, including M&A advisory, capital raising, and restructuring. The terms of this transaction were not disclosed. ValuCorp, founded […]

MOCA Adds The Wave Work to Its Growing List of Clients

– MOCA’s payment platform enables The Wave Work to empower its clients to pay their contractors anywhere in the world using a contactless card with unlimited cash-back rewards – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider is pleased to announce that it has added The Wave Work, an HR Tech and Fintech […]

MOCA Adds The Wave Work to Its Growing List of Clients

– MOCA’s payment platform enables The Wave Work to empower its clients to pay their contractors anywhere in the world using a contactless card with unlimited cash-back rewards – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider is pleased to announce that it has added The Wave Work, an HR Tech and Fintech […]

Modern Treasury and Metropolitan Commercial Bank Partner to Provide Automated Payment Operations to Entrepreneurial Companies

Customers will benefit from a more integrated and seamless experience when initiating, receiving, reconciling, and approving payments SAN FRANCISCO–(BUSINESS WIRE)–Modern Treasury, a payments operations software provider, and Metropolitan Commercial Bank, (MCB), a leading bank focused on the most entrepreneurial platforms and marketplaces, today announced a new integration for automated payment operations that simplifies the management […]

Modern Treasury and Metropolitan Commercial Bank Partner to Provide Automated Payment Operations to Entrepreneurial Companies

Customers will benefit from a more integrated and seamless experience when initiating, receiving, reconciling, and approving payments SAN FRANCISCO–(BUSINESS WIRE)–Modern Treasury, a payments operations software provider, and Metropolitan Commercial Bank, (MCB), a leading bank focused on the most entrepreneurial platforms and marketplaces, today announced a new integration for automated payment operations that simplifies the management […]

POSaBIT Announces ‘Cash Advance’, Loan Program for Cannabis Industry

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of payments infrastructure in the cannabis industry, has announced “Cash Advance”, a new loan factoring program for the cannabis industry. The Cash Advance platform will allow POSaBIT’s payments merchants to secure a loan from the company quickly and without hassle, and subsequently repay the […]

Jefferson Security Bank Selects Teslar’s Full Suite of Automated Workflow and Portfolio Management Tools

Oldest corporation in West Virginia partners with fintech to improve productivity, strengthen customer relationships SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, today announced that Jefferson Security Bank has selected its full suite of automated workflow and portfolio management tools to centralize […]

CellTrust Nominated by Microsoft to Become a Member of the Microsoft Intelligent Security Association (MISA)

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#FOIA—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today that it has joined the Microsoft Intelligent Security Association (MISA), an ecosystem of Independent Software Vendors and Managed Security Services Providers that have integrated their security products with Microsoft’s to better defend against increasing cyber-threats. […]

Milliman and Akur8 Form Strategic Alliance to Bring Next Generation Pricing Capabilities to P&C Insurers, MGAs, and Start-Ups

PARIS & SEATTLE–(BUSINESS WIRE)–Akur8, the next generation insurance pricing solution, and Milliman, a premier global consulting and actuarial firm, are pleased to announce a strategic alliance to empower property & casualty (non-life) insurance carriers, start-ups, and MGAs with next generation pricing capabilities. Together, this collaboration leapfrogs conventional ratemaking solutions to offer increased speed, accuracy, and […]

Alter Domus and Canoe Intelligence Partner to Deliver Newfound Automation and Accuracy to Alternatives Data Management

LUXEMBOURG & NEW YORK–(BUSINESS WIRE)–Alter Domus, a leading provider of integrated solutions for the alternative investment industry with $1.3 trillion in global AUA, and Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced a strategic partnership to provide clients with alternative data management solutions that combine […]

CapIntel Establishes Strategic Relationship with Canada Life to Enhance Client Experience and Outcomes

CapIntel’s digital application will now support approximately 3,000 advisors at Canada Life TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that connects wealth advisors and their clients using an intuitive sales platform, today announced a strategic relationship with The Canada Life Assurance Company (Canada Life). The new strategic relationship will enable Canada Life’s approximately 3,000 advisors […]

Digital B2C & B2B eCommerce Sales Reach New Levels of Growth Post-pandemic, Forecast to Reach $6 Trillion in 2022

BNPL, Cross-border eCommerce, Subscription Services & Wallets Will Drive Ecommerce Transactions to Reach $8 Trillion by 2026: Kaleido Intelligence LONDON–(BUSINESS WIRE)–#B2B–New data from fintech and payments research specialists Kaleido Intelligence has found that B2B and B2C eCommerce spend on physical goods and digital services will reach $6 trillion in 2022, up from $4.8 trillion in […]

Spectrio Launches New Partner Program

New Spectrio Partners program enables resellers to drive greater revenue and maximize client value by offering a comprehensive digital signage and engagement solution. TAMPA, Fla.–(BUSINESS WIRE)–#businessreseller—Spectrio, one of the nation’s leading providers of comprehensive digital signage solutions, announced today the launch of its new reseller program, Spectrio Partners. The Spectrio Partners program allows the Company’s […]

Nova Credit Income Verification Helps Yardi Enhance Resident Screening

Yardi becomes the first company to leverage both of Nova Credit’s financial inclusion-focused products: Credit Passport® and Income Verification SAN FRANCISCO–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has announced the availability of its income verification solution for Yardi® to offer its […]

U.S. Bank Brings the Power of Request for Payment (RfP) to Billers

Businesses can now offer this simple, secure, real-time payment option to their customers MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank has expanded its Request for Payment (RfP) services to help billers provide a better bill payment experience to customers. With RfP capabilities added to U.S. Bank eBill Service – a leading digital solution for accounts receivables teams – U.S. […]

Personetics Presents Personalized Insights and Autonomous Finance to SEC Asset Management Advisory Committee (AMAC)

Global fintech Personetics’ President of Americas Jody Bhagat says “basic personalized insights will be table stakes for financial institutions by end of 2023” NEW YORK–(BUSINESS WIRE)–Personalized insights and advice will transform wealth management and provide enormous value to customers, if the industry embraces a more personalized approach. Personalized advice is a key step on the […]

ICE Plans to Launch Four MSCI Climate Paris Aligned Index Futures Contracts

NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the planned launch of four new index futures contracts based on the MSCI Climate Paris Aligned Indices. Subject to regulatory approval, the contracts are expected to launch in January 2022 on ICE Futures U.S. The new U.S. dollar-denominated […]

ICE Benchmark Administration Launches U.S. Dollar SOFR ICE Swap Rate® for Use as a Benchmark

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 its U.S. dollar SOFR ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees. The launch of the U.S. dollar SOFR ICE Swap Rate […]

H2O.ai Closes $100 Million in Funding Led by Customer Commonwealth Bank of Australia

Company is now valued at $1.7 billion with rapid adoption of H2O AI Cloud MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#ML–H2O.ai, the AI Cloud leader, today announced it has closed $100 million in Series E funding led by Australia’s largest bank, customer Commonwealth Bank of Australia (CBA). H2O.ai has now raised over $250 million and is valued at […]

Mogo Launches Canada’s First Climate-Positive Bitcoin Rewards Program for Businesses

Begins initial promotion with iconic music venue El Mocambo ‘Green’ bitcoin offsets CO2 created from bitcoin mining, providing a sustainable way to invest in this fast-growing asset VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a first of its kind business rewards program, […]

Meridian Trust Federal Credit Union Deploys Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Meridian Trust Federal Credit Union has selected its AI-powered platform, enabling the credit union to augment its underwriting capabilities to make faster credit decisions, increase loan approvals and support the financial goals of its members. Founded in 1954, Meridian Trust is a […]

NICE Actimize Cloud-Based SURVEIL-X Wins RegTech Asia Insight Awards 2021 for Best e-Comms Surveillance Solution

The award highlighted NICE Actimize SURVEIL-X Communications Surveillance solution’s leading technologies in a very competitive field HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, (Nasdaq: NICE) was named a category winner in A-Team Group’s 2021 RegTech Asia Insight Awards for “Best e-Comms Surveillance Solution.” Following its shortlisting by a panel of judges, NICE Actimize and its cloud-based SURVEIL-X Communication […]

Juniper Research: Blockchain to Facilitate $10 Billion Savings Globally in Cross-border Payments, as Operational Efficiencies Take Effect

Cost savings will see 3,300% growth by 2030 BASINGSTOKE, England–(BUSINESS WIRE)–#blockchaininbankingindustry–A new report from Juniper Research has found deployment of blockchain for cross-border settlement will drive increasingly significant cost savings for banks; rising from $301 million in 2021 to $10 billion in 2030. Blockchain implementation in cross-border settlement will enable stakeholders to leverage improved payment […]