Business Wire


Child Identity Fraud Costs Nearly $1 Billion Annually, According to a New Study From Javelin Strategy & Research

Javelin Strategy & Research’s 2021 Child Identity Fraud study examines the behaviors, characteristics, and social media platforms that put children at the greatest risk of their identities being stolen. It also serves as a resource for parents, educators, and the general public to help identify, resolve, and prevent child ID theft and fraud. SAN FRANCISCO–(BUSINESS […]

Age of Learning and Rakuten Announce Joint Venture: Age of Learning Japan Co., Ltd.

New Company Will Accelerate Growth of ABCmouse English to Meet Strong Demand for Children’s English Language Learning in Japan LOS ANGELES & TOKYO–(BUSINESS WIRE)–Age of Learning, Inc., the leading edtech company for young learners and creator of ABCmouse Early Learning Academy, and Rakuten Group, Inc., Japan’s leading e-commerce company and a global leader in internet […]

Cloudentity Research Reveals At Least 44% of Enterprises Report Experiencing Substantial API Security and Privacy Issues

Report Conducted by PulseQA Finds that the Majority of Enterprises have Less Mature, Decentralized API Authorization Policy Management and are Facing Delays in Application Development SEATTLE–(BUSINESS WIRE)–#API–Today Cloudentity, a leading provider of authorization and identity for modern applications, announced its 2021 “State of API Security, Privacy and Governance” report conducted by PulseQA, revealing that in […]

Majesco’s Successful Fall Product Council Highlighted Majesco’s Strategic Focus to Deliver Intelligent Core, Digital, Data and Distribution Platforms

New leaders introduced and detailed sessions for all products provided updates on enhancements and planned roadmaps for P&C and L&A and Group core, digital, data, AI/ML and distribution solutions MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the completion of a successful Fall Product Council. The […]

Comdata and RoadSync Partner Up to Connect Logistics Companies with On-Demand Fintech Payments Solution

Agreement Increases Cash Flow and Payments Efficiency for Drivers and Carriers BRENTWOOD, Tenn.–(BUSINESS WIRE)–Comdata, a FLEETCOR company and world leader in payment innovation, announced today that it has partnered with RoadSync, a digital fintech provider for the logistics industry, to offer its Fleet Payment Solutions and Fleet Cards to RoadSync Checkout. The agreement offers RoadSync’s […]

Q2 and BCG Join Forces to Tackle Major Commercial Banking Challenge

YieldBuilder, a new loan pricing solution, combines BCG’s industry-leading pricing strategy and change management expertise with Q2’s one-of-a-kind advanced analytics and pricing software AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, and Boston Consulting Group (BCG) today announced the launch of YieldBuilder to help solve one […]

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate end-to-end workflows for its SBA […]

Western Union Advances Global Consumer Ecosystem

Launches WU Shop in Germany and Austria, with U.S. Planned to Launch in Q4 Digital Banking Services Pilot Upcoming in Select Countries DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announces the advancement of its consumer ecosystem strategy with the launch of WU Shop, a […]

iCapital Network® Broadens Accredited Investor Access to Private Investments with a Robust Menu of Fund Offerings  

iCapital poised to support the 80% of advisors likely to increase client allocations to private markets NEW YORK–(BUSINESS WIRE)–iCapital Network,1 the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced that it has launched the AMG Pantheon Fund, LLC, BlackRock Private Investments Fund, […]

Customers Bank Makes Bold Move with Cryptocurrency Clients

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI #Banking–Customers Bank, the $19.1 billion subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), today released a partial list of inaugural institutional crypto clients. The clients identified are among the premier cryptocurrency and digital asset institutions, making the bank one of the nation’s leading financial services providers in the growing global crypto industry. […]

Digital Commerce Bank Announces $1 Million Annual Fintech Award in Partnership With Platform Calgary

CALGARY, Alberta–(BUSINESS WIRE)–Digital Commerce Bank (“DCBank” or the “Bank”) today announced that it has executed a Memorandum of Understanding with Platform Calgary (“Platform Calgary”) with respect to an initiative to launch an annual $1.0 million Fintech Award in Calgary (the “Fintech Award” or the “Award”). Through the partnership, the Bank will be the title sponsor […]

HighRadius Launches Autonomous Accounting to Disrupt Month-End Close

HighRadius adds Record to Report offering to Office of the CFO portfolio of leading Order to Cash and Treasury solutions HOUSTON–(BUSINESS WIRE)–#AI–HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, today expanded its Autonomous Software platform into the Record to Report function to help accounting teams complete month-end close activities faster and […]

ActTrader voted as the ‘The Best Multi-Asset Platform’ at The Forex Expo, Dubai 2021

NEW YORK–(BUSINESS WIRE)–#acttrader–ActTrader, now a Finvasia Group Company, won this year’s best Multi-Asset Platform award at largest trading event in the MENA region – The Forex Expo, Dubai 2021. The award recognises businesses that push the boundaries of innovation in the Fintech space. ActTrader provides customised solutions and dedicated technical infrastructure to some of the […]

Drive&Stake, the industry-first marketplace that empowers all mobility ecosystem participants to benefit from vehicle-generated data, launches today

RIDDLE&CODE is powering the project with its blockchain-driven hardware and software stacks. Automotive innovators from EFS Consulting are turning data into practical use cases, while ELOOP has already deployed a first successful use case. Ocean Protocol is facilitating the exchange and monetisation of data. VIENNA–(BUSINESS WIRE)–#driveandstake—Drive&Stake, a decentralised, scalable end-to-end solution for the creation of […]

Red Hat Forum Asia Pacific 2021 Opens Perspectives to Accelerate Innovation in the Hybrid World Through Open Source Technologies

Virtual event opens door to a wider audience to learn and share stories of open innovation, transformation and resilience SINGAPORE–(BUSINESS WIRE)–Red Hat, Inc., the world’s leading provider of open source solutions, today announced that industry experts, key business decision makers and Red Hat partners gathered virtually for Red Hat Forum Asia Pacific 2021, one of […]

Climate Finance Partnership Mobilizes US$673 Million to Accelerate Net Zero Transition in Emerging Markets

Fund Exceeds Target, Demonstrating Strong Investor Demand for Climate Infrastructure Investing in Asia, Latin America and Africa Underscores Potential for Public-Private Collaboration to Advance Net Zero Transition NEW YORK–(BUSINESS WIRE)–BlackRock has achieved a US$673 million final fundraise for the Climate Finance Partnership (CFP), a flagship public-private finance vehicle focused on investing in climate infrastructure across […]

The Milwaukee Bucks, Fiserv and Nancy Lieberman Charities Donate Sherman Park Dream Court

Diverse Milwaukee neighborhood receives a state-of-the-art basketball court, providing youth an opportunity to practice teamwork and build character MILWAUKEE–(BUSINESS WIRE)–The Milwaukee Bucks, Fiserv, Inc. and Nancy Lieberman Charities have made a Dream Court™ in Milwaukee’s Sherman Park neighborhood a reality, with a ribbon cutting for the new court held today. Reigning NBA Champions the Milwaukee […]

TrueNorth Joins the Symitar Vendor Integration Program

VIP Enables TrueNorth to Integrate with Symitar’s Episys SAN FRANCISCO–(BUSINESS WIRE)–#automation–TrueNorth, a global fintech software development company, today announced that it has joined the Symitar® Vendor Integration Program (VIP). Participation in the program provides TrueNorth with access to Symitar’s technical resources to enable TrueNorth to integrate with Symitar’s core platform. The Vendor Integration Program is […]

Boatzon Launch Set to Revolutionize Marine Industry with Digital Marketplace

Company enables consumers to easily purchase, finance and insure boats and marine products with flexible payment options in minutes from home HALLANDALE BEACH, Fla.–(BUSINESS WIRE)–Boatzon, the first 100 percent online boat and marine retailer, today announces the launch of its secure direct marketplace, giving boat and marine enthusiasts easy and direct access to boats, engines, […]

Best’s Review Examines How D&I Impacts Insurers’ Workforces, Products and Risks

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review features coverage of “How D&I Impacts Insurers’ Workforces, Products and Risks,” a cross-media series with AM Best TV in which top industry leaders discuss diversity and inclusion in the insurance industry. The series explores the following topics: As companies and organizations come under increased scrutiny, some insurers have taken the lead […]

SRAX Releases the Investor Relations Website Feature on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SRAX–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced the release of the Investor Relations Website Feature. This new Sequire feature gives issuers the ability to create and customize their own IR website through the platform. Investor […]

Salary Finance Recognized as Best Consumer Lending Solution By Finovate

Provider of employee financial wellness products wins Finovate award for excellence in the field of consumer lending BOSTON–(BUSINESS WIRE)–#HR–Salary Finance, the leading global provider of socially responsible financial products in the workplace, was recognized by Finovate as the Best Consumer Lending Solution, an award presented to the bank or financial institution that excels in the […]

Financial Data Exchange (FDX) Adds 26 New Members

Regions Bank, FIS, Zions Bank, Trustly, Railz, Union Bank & Trust, Sensedia, ForwardAI, Community Savings Credit Union, Canadian Lenders Association, and others join effort to unify the financial services industry around common FDX API data sharing standard for open banking and open finance RESTON, Va.–(BUSINESS WIRE)–The Financial Data Exchange (FDX) has welcomed 26 new members […]

Levo Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Enhance Loan Approvals and Member Experience

  NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Levo Credit Union has chosen its AI-powered platform, enabling the credit union to make faster loan approvals, reaching more members, increasing loan approval rates and enhancing member experience. Originally chartered in 1934, Levo serves over 30,000 members throughout Minnehaha, Lincoln, McCook […]

Ault Global Holdings’ Subsidiary BitNile Targets Growth to 20,000 Bitcoin Miners Increasing Total Hash Rate to 2.0 EH/s

Company’s Board of Directors Approves up to $140 Million in Future Additional Capital for BitNile’s Expansion LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced that its subsidiary, BitNile, Inc. (“BitNile”), has increased its target of total Bitcoin miners to 20,000 as the Company’s board of directors […]

Discover Reveals Full 5% Cashback Bonus® Calendar For 2022

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today released its complete 5% Cashback Bonus® Calendar for 2022 to help cardmembers plan their spending and earn rewards. In addition to categories in which cardmembers can earn on everyday purchases, like Grocery Stores and Gas Stations, Discover added Fitness Club & Gym Memberships from January through March, expanded to both in-store […]

Mastercard and Partners Advance the Future of Sustainable Commerce

Mastercard accelerates its decarbonization timeline, committing to reach net zero by 2040; Carbon Calculator gains strong adoption throughout Europe and in Latin America PURCHASE, NY–(BUSINESS WIRE)–As world leaders come together for the UN Climate Change Conference (COP26), Mastercard unveiled an acceleration of its net zero timeline by a decade, from 2050 to 2040. It is […]

Tassat Launches Digital Dollars™ and Real-Time Bank Payment Network

Empowers banks to provide real-time, secure payments to their customers 24X7, 365 days a year. TassatPay™ real-time payments using DigitalDollars™ meet the requirements of banks regulated by the OCC, FDIC and NYSDFS and swiftly integrate with legacy banking systems. TassatPay™ and the network position banks to compete in the new digital world, including decentralized finance, […]

ICBA Expands Preferred Service Provider Agreement with Wolters Kluwer to Include iLien Document Management

WASHINGTON–(BUSINESS WIRE)–#WoltersKluwer–The Independent Community Bankers of America (ICBA) has expanded its Wolters Kluwer Preferred Service Provider relationship to include its SaaS-based iLien system, offered by Wolters Kluwer Compliance Solutions. The platform helps community banks simplify and automate their lien, titling and real property documentation needs. The Wolters Kluwer iLien product suite allows community bankers to […]

Ault Global Holdings Announces BitNile Achieves an Annual Run Rate of $14 Million to $15 Million in Bitcoin Mining Production

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), is pleased to provide an update on its subsidiary, BitNile, Inc. (“BitNile”), whose mining production of bitcoin has grown, as anticipated, to between $14 million and $15 million on an annualized basis, based on current market conditions. The Company […]

Netcapital Inc. Announces Equity Stake in Marketing Solutions Provider Caesar Media Group, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that it has acquired a 10% stake in Caesar Media Group, Inc. an advanced marketing and technology solutions provider. Caesar Media Group will leverage its technology and data to provide Netcapital’s private company clients with lead generation, SEO, website development, project development, […]

Deluxe Officially Opens New Headquarters in Downtown Minneapolis

Trusted Payments and Business Technology™ company embraces opportunity to help with revitalization of Minneapolis business corridor MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, today announced the opening of its newly constructed, state-of-the-art headquarters at 801 Marquette in downtown Minneapolis. Following more than 18 months of working remotely, Minnesota-based Deluxe employees will […]

Washington Nationals Partner with FIS for New Champions Club and Payment Solutions to Enhance the Fan Experience

Key facts: As The Official Payments Technology Provider for the Washington Nationals, Worldpay from FIS will power merchant processing technology that allows Nationals fans to pay for tickets, food, beverages, merchandise and sports betting at Nationals Park. FIS and the Washington Nationals are creating a newly renovated club and high-end fan experience at Nationals Park. […]

American Express® Launches New Fully Digital Business Checking Account for U.S. Small and Mid-Sized Businesses, with First-Ever Amex-Issued Debit Card

Earn $300 deposit as a welcome bonus1 with a new Business Checking account Earn interest on balances up to $500,000 with a competitive APY of 1.1%2 No monthly maintenance fees or minimum balance requirement Full-service digital banking that makes it easy to access and manage your checking account, while also connecting to existing American Express […]

UNest and Avibra Announce Strategic Partnership to Offer Affordable Wellness and Insurance Benefits to Parents

— First-of-its-kind program will provide families with a compelling suite of integrated resources to support their financial and emotional health — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, an app that empowers parents to invest and save for their kids’ future, and Avibra, a leading provider of personal well-being, risk, and protection solutions, today announced a partnership that […]

MMG Insurance Live with Majesco Digital1st® Insurance Platform

Implementation focused on a next generation agent portal for quoting MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that MMG Insurance Company, a long-term client of Majesco is live with a next-generation agent portal built on Majesco Digital1st® Insurance, a low-code/no-code digital insurance platform that seamlessly […]

Goldfinch Partners Names Veteran M&A Lawyer Matthew F. Herman as Partner and General Counsel

SEATTLE–(BUSINESS WIRE)–Goldfinch Partners, a private equity firm with approximately $1 billion of equity invested in digital transformation transactions across industry verticals, today announced that Matthew F. Herman will join as a Partner of the Firm and General Counsel in November 2021. Goldfinch invests in sectors and spaces about which it has deep knowledge, including marketing, […]

EasyTransfer Partners with Tencent Financial Technology to Provide Online Tuition Payments for Overseas Chinese Students

900 million users are now able to make overseas tuition payments online in 3 minutes on the new official WeChat mini program, WeRemit Tuition Pay BEIJING–(BUSINESS WIRE)–#easytransfer–Studying abroad just got easier for hundreds of thousands of Chinese students thanks to a new partnership between EasyTransfer, Tencent Financial Technology and payment platform Tenpay, subsidiaries of Tencent […]

Ault Global Holdings’ Subsidiary, TurnOnGreen, Announces Launch of New EV Residential Charger for the U.S. Market

TurnOnGreen’s EVP700-B Charger Available for Purchase through Amazon.com LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn–Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), is pleased to announce that its subsidiary, TurnOnGreen, Inc., has launched its first residential electric vehicle (“EV”) charger, the TurnOnGreen EVP700-B, available for purchase through Amazon.com, Walmart.com, and Turnongreenev.com starting October […]

Endava Report Reveals Three Key Trends Driving the Future of Digital Payments

Endava Sees Companies Evolving their Digital Payment Strategies to Address Open Banking, Buy Now Pay Later, and New Consumer Payment Technologies LAS VEGAS & LONDON–(BUSINESS WIRE)–Endava (NYSE: DAVA), a leading next-generation technology services provider, released today at Money 20/20 USA their 2021 U.S. Spotlight Report: Three Key Trends in Payments. The report provides a detailed […]