Business Wire


Another Record-Breaking ABS Transaction and a New Milestone for LendingPoint

LendingPoint closes its largest ABS issuance ever, which increases its total issuance amount to over $3 billion KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, a financial technology platform, today announced the closing of its largest securitization to date: LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”), which was $542,360,000 in size, rated by KBRA, and backed by a pool of […]

StoryTrading Partners With FS Vector to Establish Guidelines for Ethical Collaboration, Demonstrating Moral Commitment to Community of Investors and Traders

— New Platform Adheres to Strong Values When Making Sense of Financial Markets — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders by understanding the story behind the trade, today announced it has partnered with fintech strategic advisory firm FS Vector to establish Guidelines for Ethical Collaboration among those […]

Socure Reinvents KYC Accuracy and Coverage, Delivering Up to 94% Customer Approval Rates For Hard-to-Identify Populations, Including Gen Z, Millennials, and New-to-Country

Socure announces industry-first capabilities, including eCBSV support as part of an integrated KYC solution and hyper-accurate address normalization, as well as SSN pre-fill for improved customer experience NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading provider of digital identity verification and trust solutions, today introduced several technologies as it further expands its KYC solution, currently used by top […]

AtScale AI-Link Connects Business Intelligence and Enterprise AI with Semantic Layer to Scale Augmented Analytics and Data Science

Python-based Access to Governed Source of Enterprise Metrics and Data Models BOSTON–(BUSINESS WIRE)–AtScale, the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced the availability of AtScale AI-LinkTM. AI-Link provides a python interface to AtScale, rich with business context and metrics, to connect data science and augmented analytics […]

First State Bank Streamlines Digital Presentment with HC3

– Texas’ oldest state bank utilizes HC3 to enhance customer experience through communications – BIRMINGHAM, Ala.–(BUSINESS WIRE)–In an effort to improve digital customer experience, Gainesville, Texas-based First State Bank ($1.4 billion in assets) partnered with HC3, a data-driven tech company delivering customer communications, to refresh all digital presentments. Through the implementation of HC3’s services, First […]

REPAY Provides Integrated Payment Processing for Provana Customers

The integration automates processes and increases control of payment methods on Provana’s repayment platform ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Provana, a leading platform for credit and collections process management. Through the integration, Provana customers can now leverage REPAY’s payment processing […]

Pentadata Announces Open Finance Integration with Akoya

Pentadata partners with Akoya to expand API-based data connections to several of the largest North American banks SAN FRANCISCO–(BUSINESS WIRE)–Pentadata Inc., leading the industry with the first fully secured API-based financial data platform, today announced it has signed an agreement to use the Akoya Data Access Network. Known for supporting data developers with building fintech […]

Mogo Subsidiary Carta Powering Public Health Initiatives in the United Kingdom

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announces that its wholly owned subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is powering key public sector payment initiatives in the United Kingdom (“UK”) in partnership with leading payments solutions provider allpay, the UK market […]

KBRA Analytics Releases The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show

NEW YORK–(BUSINESS WIRE)–KBRA Analytics releases this month’s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month’s newsletter, Bank Treasurers Wish They Could Fly, reviews highlights from the Q2 2021 earnings results reported this month by the banking industry, focusing as usual on the treasury strategy it […]

MAXEX Provides Liquidity for Non-Owner Occupied and Second Home Loans

ATLANTA–(BUSINESS WIRE)–MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced today that the company has continued to expand the number of liquidity options available for mortgage lenders impacted by changes to the government sponsored enterprises (GSE) cap for non-owner occupied (NOO) and second home loans. The Federal […]

Bookkeeper360 Launches AI-Powered Marketplace and Brex Integration to Help Small Businesses Grow Effectively

NEW YORK–(BUSINESS WIRE)–Bookkeeper360 has proudly announced the launch of its new Bookkeeper360 App Marketplace and Brex Integration. Bookkeeper360 is an emerging fintech accounting solution for small businesses. This all-new AI-powered marketplace is designed to help business owners access a wide range of financial and technological solutions such as capital, business services, and payroll that are […]

Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership

CLEVELAND–(BUSINESS WIRE)–#banking–The Change Company, America’s Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio. Mr. Sugarman spoke during the Legislative Forum and discussed the unique opportunity for advocacy that exists for NAREB and The Change Company […]

Workiva Extends Value of Cloud Platform with Launch of New SaaS Marketplace

Workiva Marketplace debuts with both Workiva-built and partner offerings that simplify complex reporting and compliance problems AMES, Iowa–(BUSINESS WIRE)–$WK #Accounting—Workiva Inc. (NYSE:WK), today launched The Workiva Marketplace, filled with more than 140 Workiva-built and partner templates, services and 60 no-code connectors that streamline existing processes and solve new business problems all within the Workiva cloud […]

Ripple Launches On-Demand Liquidity with SBI Remit to Accelerate and Grow Cross-Border Payments from Japan

Partnering with Coins.ph and SBI VC Trade, SBI Remit Will Deliver a Superior Customer Experience with Faster and Cheaper Remittances Starting in the Philippines SAN FRANCISCO & TOKYO–(BUSINESS WIRE)–Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced today the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in […]

Transact Releases New Emergency Hotline Capabilities As Colleges Prepare to Welcome Students Back to Campus

Mobile Tool Provides Safety, Suicide Prevention Information at Students’ Fingertips PHOENIX–(BUSINESS WIRE)–#backtoschool—Transact, the leader in innovative credential and payment solutions for a connected campus, today announced the release of a new mobile feature that gives college students emergency hotline and suicide prevention information at their fingertips. This addition to Transact’s mobile credential platform comes at […]

KFC Foundation Teams Up with SaverLife to Offer KFC Restaurant Employees New Personal Finance Program

MyChange with SaverLife is designed to help KFC® restaurant employees across the country build short-term emergency funds and personal savings SAN FRANCISCO–(BUSINESS WIRE)–Today, the KFC Foundation, an independent 501c3 non-profit organization primarily funded by KFC franchisees, in partnership with SaverLife, a national non-profit fintech company that helps working families achieve prosperity through savings, announced the […]

LifeYield Partners With White Glove to Create Tech-Integrated Prospecting Seminar

BOSTON–(BUSINESS WIRE)–Modern marketing and prospecting strategies for financial advisors must speak directly to the immediate needs of investors. To help advisors connect with the unprecedented wave of investors seeking help with retirement income, LifeYield will make its Social Security optimizer and tailored seminar material available through White Glove, a digital marketing company specializing in planning, […]

Current Partners with The Bancorp to Offer the Next Generation of its Digital Banking Products

WILMINGTON, Del.–(BUSINESS WIRE)–#Alwaysapartner–The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK) today announced its newly established banking services partnership with Current, a leading U.S. financial technology company serving Americans working to create a better future for themselves. The Bancorp offers tailor-made solutions to fit the unique needs of several top financial […]

Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups

From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard announced today a new Start Path global startup engagement program […]

Fabric Readies Risk Tools for Investors Working with Advisors 

Led by Rick Bookstaber, with factor data from MSCI, the firm is bringing institutional-grade risk management to Main Street DENVER–(BUSINESS WIRE)–#FabricRQ–Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber, today announced it has begun signing up advisors to test drive a new kind of risk management application that employs the same factor-based approach […]

MOVO® Launches MOVO Chain®, Upends Crypto Send and Spend

Users can cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay® PALO ALTO, Calif.–(BUSINESS WIRE)–MovoCash, Inc., a California-based Fintech company, today announced the launch of MOVO Chain® by MOVO®. This technology is a cryptocurrency-to-cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends […]

Zūm Rails and Lexop Partner to Optimize Collections Through Real-Time Payments and Streamlined User Verification

MONTREAL–(BUSINESS WIRE)–#collections–Zūm Rails, a leader in fast and intelligent payment operations, is pleased to announce it has partnered with Lexop to be its preferred payment provider as the company continues to better serve its clients through the digitization of their collections activities. Lexop believes the future of collections lies in empowering past due customers to […]

Majesco Continues Expansion of Digital1st® EcoExchange With Additional Underwriting Solutions From Verisk

Roof age, major systems, condition score, and loss and coverage history solutions from Verisk are now integrated with Majesco P&C Core Suite to improve risk assessment and underwriting for auto and property lines MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced that Verisk, a leading global […]

MOCA Financial and the Armed Forces Financial Network Partner to Bring MOCA’s Next-Generation Card-Based Payment Platform to Our Armed Services

Payments Platform Brings Advanced Card-Based Payments to Military Personnel Worldwide AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider, has partnered with the Armed Forces Financial Network (AFFN) to offer MOCA’s Digital-First Next-Generation Card-Based Payment Platform to the United States military community worldwide. This partnership provides The Association of Military Banks of America (AMBA) […]

ICE Enhances Mortgage Prepayment Model With Data From ICE Mortgage Technology

Leverages transaction-based residential mortgage rates from ICE Mortgage Technology ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has enhanced its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage Technology. This represents the first joint product that leverages anonymized […]

Liberty Bank Selects Arriba Advisors to Lead Digital Technology Transformation

TAMPA, Fla.–(BUSINESS WIRE)–Arriba Advisors, an advisory firm that provides strategy enablement and cost alignment to clients on a variety of fintech projects, announced that Middletown, Connecticut-based Liberty Bank ($7 billion in assets) has chosen the firm to assist in upgrading its technology to nurture scalable growth and innovate in the digital space. Established in 1825, […]

PrimaHealth Credit Partners with Citizens to Launch a First-to-Market Total Patient Finance Program

Comprehensive solution provides the first single credit application that can serve most patients NEWPORT BEACH, Calif. & PROVIDENCE, R.I.–(BUSINESS WIRE)–PrimaHealth Credit, a patient financing platform, today announced a partnership with Citizens to enable more people to receive and finance the healthcare they seek. This partnership challenges the status quo with a first-of-its-kind financing solution that […]

The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform

Key facts Retail Lending and Commercial Express components add to advanced digital banking functionality available on FIS’ flagship cloud-based core banking platform. Since launch in 2020, FIS Modern Banking Platform has grown to more than 60 advanced components through the platform’s ecosystem of FIS and third-party offerings. JACKSONVILLE, Fla.–(BUSINESS WIRE)–As a growing number of financial […]

TELUS International Announces the Launch of Intelligent Insights

The tool-agnostic platform monitors automation and bots in a single solution to track effectiveness, cost savings and opportunities for improvement Intelligent Insights delivers cost-saving opportunities based on the optimization it offers through license utilization IDC: By 2024, over 75% of organizations will implement automation to drive a higher level of process optimization and to free […]

Onfido grows revenue over 100% year-over-year and reaches more than $100M ARR

Breaks revenue record for the 5th consecutive quarter as company propels to next phase of expansion SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced it has broken its revenue record for the fifth consecutive quarter, with over 100% increase year-over-year in global revenue, ending Q2 2021. The company also […]

Beesafe and Compensa, Part of VIG Poland, Collaborate with Akur8 to Transform Their Pricing Process

PARIS–(BUSINESS WIRE)–Akur8 is pleased to announce its collaboration with Beesafe and Compensa, two entities of VIG Poland, to enhance their pricing process. With this new milestone, Akur8 continues to expand its European footprint, with 7 countries to date. Specifically developed for insurers, Akur8’s solution boosts their pricing processes by automating risk and demand modeling, using […]

FINBOURNE Integrates with FlexNOW Delivering Deep Integration Without Complex Implementation

LONDON–(BUSINESS WIRE)–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and FINBOURNE, the award winning financial technology firm, announce a collaboration to integrate FlexNOW – FlexTrade’s one-click install EMS – with FINBOURNE’s LUSID which is a cloud native, API first Portfolio Management System (PMS) and Investment Data Management System (IDMS). Servicing […]

Juniper Research: Contactless Card Transaction Values to Reach $2.5 Trillion in 2021, Dominating the Contactless Landscape

Growth of 45% between 2020 and 2021 BASINGSTOKE, England–(BUSINESS WIRE)–#biometriccards–A new report from Juniper Research has found that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless transaction values at 79% in 2021. The pandemic has significantly accelerated an […]

Fiserv Introduces Expanded Digital Capabilities for Consumer and Business Customers of Financial Institutions

Capabilities will enable industry-leading digital banking experiences for financial institutions of all sizes BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today introduced enhanced Fiserv Digital capabilities for integrated digital banking and card management. This enriched, mobile-first suite will enable financial institutions to offer their consumer […]

Angel Oak Companies to Acquire Canadian Startup Covience

Dedication to technology and growth showcased by Angel Oak’s latest acquisition ATLANTA–(BUSINESS WIRE)–As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (“Angel Oak”) announces its intention to acquire Canadian startup Covience in August 2021. Since 2019, Covience, which is based in Toronto, has been offering […]

OppFi Board of Directors Will Bring Diverse Experience in Driving Growth, Innovation, and Customer-Centric Excellence

Company will celebrate its recent listing on the New York Stock Exchange by ringing The Closing Bell® on July 27 CHICAGO–(BUSINESS WIRE)–$OPFI–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced it will celebrate its listing on the New York Stock Exchange […]

Tavant Launches Disruptive New Platform – Touchless Lending™

— Accelerating loan manufacturing with AI — SANTA CLARA, Calif.–(BUSINESS WIRE)–Tavant, Silicon Valley’s leading digital lending solutions provider, today announced the availability of its new Touchless Lending™ platform. This AI-powered lending-as-a-service platform maximizes the use of data-driven processes to provide an end-to-end loan manufacturing experience. Touchless Lending’s first product line is mortgage-centric and designed to […]

Announcing General Availability of Version 22 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage Absence Management

New market leading enhancements enable claims operational effectiveness and enhanced absence management with early buildout of Connecticut Paid Family and Medical Leave MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the general availability of version 22 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage […]

UNest and USALLIANCE Financial Partner to Expand How Busy Parents Invest & Save for Their Kids’ Future

— Partnership highlights USALLIANCE’s embrace of financial technology for its members — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, the money app for your kids’ future, today announced a partnership with USALLIANCE Financial, a New York-based credit union serving more than 125,000 members nationwide. The collaboration builds on UNest’s community of over 150,000 parents and extends USALLIANCE’s resources […]

Apex Clearing’s Data Reveals New Stock Rankings Among Gen Z Retail Investors in the Second Quarter of 2021

Younger Generations Cling to Popular Meme Stocks, Gain Interest in the Cannabis Sector, and Continue To Hold Mega-Cap Stocks in the Q2 Apex Next Investor Outlook DALLAS–(BUSINESS WIRE)–Apex Clearing Corporation (“Apex” or the “Company”), the business-to-business custody and clearing platform powering innovation in fintech, investing, and wealth management, today released its Q2 2021 Apex Next […]