Business Wire

OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores thumbnail

OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores

OCTO’s DriveAbility® Score, the most predictive insurance risk score in the market, to leverage Ford connected car data BOSTON, Mass. & DETROIT, Mich.–(BUSINESS WIRE)–#cardata–OCTO Telematics today announced a new agreement with Ford Motor Company. By leveraging Ford’s connected vehicle data, OCTO will extend its market-leading predictive insurance risk score, OCTO DriveAbility® Score. The integration provides […]

Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering thumbnail

Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering

Earnix launches an unprecedented new offering providing dynamic pricing and unparalleled customer engagement fully integrated with intelligent telematics BOSTON & LONDON–(BUSINESS WIRE)–#Earnix—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, announced it has acquired AI-powered telematics provider Driveway Software Corporation’s assets and will be joined by Driveway’s strong […]

Liquidity Capital Partners With YAS Investments, Launching USD 100m Venture Debt Fund Targeting Middle Eastern Tech Start-Ups

Liquidity Capital Partners With YAS Investments, Launching USD 100m Venture Debt Fund Targeting Middle Eastern Tech Start-Ups

The new fund YAS Liquidity will focus on supplying non-dilutive capital to drive growth for businesses across the region TEL AVIV, Israel & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Liquidity Capital, the Israel-based fintech providing non-dilutive growth capital for growth businesses, today announced it has closed a joint venture with Dubai-based YAS Investments to create a new […]

Bridgeweave Launches InvestorAi in the UK

Bridgeweave Launches InvestorAi in the UK

Bringing AI-powered market predictions to every investor LONDON–(BUSINESS WIRE)–Bridgeweave, the Fintech building AI products to help investors make better decisions, today announced the UK launch of its AI-powered investment information app, InvestorAi. InvestorAi acts like an AI-powered personal investment analyst for retail investors, using algorithms trained for global equity markets. These algorithms produce powerful predictive […]

Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem thumbnail

Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem

Quadpay unites with Zip’s single purpose and brand focused on responsibility, to rebalance the power of payments NEW YORK & SYDNEY–(BUSINESS WIRE)–A year ago, global payment technology pioneer Zip Co Limited (ASX: Z1P) acquired the award-winning U.S. buy now, pay later (BNPL) platform, Quadpay. Today, Zip is unifying its rapidly growing global business under one […]

GO2bank Partners with Experian® to Offer Free Credit Features to Help Customers Quickly and Easily Build and Improve Their Credit, and Protect Their Identity thumbnail

GO2bank Partners with Experian® to Offer Free Credit Features to Help Customers Quickly and Easily Build and Improve Their Credit, and Protect Their Identity

Green Dot’s new flagship digital bank will offer access to Experian BoostTM1 to increase consumers’ FICO® Score2 immediately, plus features to protect against identity theft PASADENA, Calif.–(BUSINESS WIRE)–#banking–Green Dot Corporation (NYSE: GDOT) today announced it is partnering with Experian to introduce new credit features to help customers safely access and improve their credit and protect […]

Constitution Lending Partners With Sila to Revolutionize Hard Money Lending thumbnail

Constitution Lending Partners With Sila to Revolutionize Hard Money Lending

– Time-to-market and cost savings drove decision PORTLAND, Ore. & DELRAY BEACH, Fla.–(BUSINESS WIRE)–Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that Constitution Lending Partners, the premier hard money lender for all property types, selected Sila as its strategic partner to realize its vision of democratizing access to […]

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers thumbnail

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers

Latest API integration enables leading digital bank’s customers to securely connect to approved third-party apps and accounts PASADENA, Calif.–(BUSINESS WIRE)–#banking–Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Green Dot (NYSE: GDOT), a digital bank and fintech focused on delivering trusted, best-in-class […]

ArbiterSports and GoFan Announce Strategic Partnership to Create Unrivaled Athletic Platform for High Schools thumbnail

ArbiterSports and GoFan Announce Strategic Partnership to Create Unrivaled Athletic Platform for High Schools

SANDY, Utah & ALPHARETTA, Georgia–(BUSINESS WIRE)–ArbiterSports and GoFan announced today that they have entered into definitive agreements for a long-term partnership to provide schools with an all-in-one event management platform for their athletic directors and fans. The game-changing partnership combines the unique strengths of both companies to transform athletic management and digital ticketing for schools […]

Envestnet | MoneyGuide and StratiFi Launch Partnership Aimed at Empowering More Advisors to Improve Clients’ Understanding of Risk thumbnail

Envestnet | MoneyGuide and StratiFi Launch Partnership Aimed at Empowering More Advisors to Improve Clients’ Understanding of Risk

SAN FRANCISCO–(BUSINESS WIRE)–Envestnet | MoneyGuide and StratiFi, developer of award-winning PRISM Rating™ technology for financial advisors, announced a new integration partnership to empower more advisors to discuss risks just like they discuss goals in the context of a client’s financial plan. MoneyGuide’s leading financial planning software gives advisors the tools needed to help clients create […]

MoonPay Secures Money Transmitter Licenses Across USA thumbnail

MoonPay Secures Money Transmitter Licenses Across USA

MIAMI–(BUSINESS WIRE)–MoonPay, the global payments solution for cryptocurrency, has secured Money Transmitter licenses across 16 states in the United States, a testament to the business’s ongoing commitment to meet the highest standards of regulatory compliance across the country. MoonPay now has licenses in Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Iowa, Kansas, Maine, Maryland, Michigan, New […]

S&P Global Platts and ICE Issue Joint Paper and Open Market Consultations on the Evolution of the Brent Complex thumbnail

S&P Global Platts and ICE Issue Joint Paper and Open Market Consultations on the Evolution of the Brent Complex

LONDON–(BUSINESS WIRE)–S&P Global Platts (“Platts”), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets, and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today published a joint white paper and launched simultaneous consultations on the evolution of the Brent complex, which includes […]

Passive Investing and ETF Benchmark Transitions Drive Strong Growth in ICE’s Index Business thumbnail

Passive Investing and ETF Benchmark Transitions Drive Strong Growth in ICE’s Index Business

ICE Expands its footprint with new fixed income, thematic and ESG-focused indices ETFs totaling $60 billion in AUM announce transitions to ICE Indices in 2021 ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced strong growth in its index business in the first […]

Worldpay from FIS selected by Crypto Exchange OKCoin to support Global Expansion and Growth thumbnail

Worldpay from FIS selected by Crypto Exchange OKCoin to support Global Expansion and Growth

Key facts Rapidly growing cryptocurrency exchange will utilize Worldpay’s global acquiring and foreign exchange services to support continued global expansion. New partnership taps into Worldpay’s extensive experience working with crypto exchanges. Worldpay is an experienced card-to-crypto processor and works with leading global exchanges. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader Worldpay from FIS® (NYSE: FIS) has been […]

Accenture Named Leader for Application and Digital Services in Banking by Analyst Firm Everest Group thumbnail

Accenture Named Leader for Application and Digital Services in Banking by Analyst Firm Everest Group

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has been named a Leader for application and digital services in banking in the 2021 global and Europe assessments by research firm Everest Group. Everest Group analyzed the capabilities of leading application and digital service providers for the banking industry across the globe and specifically in Europe in two independent […]

Global VC Investment Skyrockets to $157.1 Billion in Q2’21, According to KPMG Private Enterprise Venture Pulse Report thumbnail

Global VC Investment Skyrockets to $157.1 Billion in Q2’21, According to KPMG Private Enterprise Venture Pulse Report

Americas and Europe see record quarters – with $84.1 billion and $34 billion of VC investment respectively 10 $1 billion+ VC rounds across 8 countries account for $16 billion in investment NEW YORK–(BUSINESS WIRE)–Global VC investment reached a new high in Q2’21, with $157.1 billion raised across 7,687 deals. A robust IPO market, high valuations, […]

SPIN Analytics and RISKROBOT™, Now Available in the Microsoft Azure Marketplace thumbnail

SPIN Analytics and RISKROBOT™, Now Available in the Microsoft Azure Marketplace

Microsoft Azure customers worldwide now gain access to RISKROBOT™ to take advantage of the scalability, reliability and agility of Azure to drive application development and shape business strategies. NEW YORK–(BUSINESS WIRE)–#azure—SPIN Analytics, today announced the availability of RISKROBOT™ in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. SPIN […]

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked thumbnail

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked

Insitor Partners’ inaugural investment into Pakistan, and Pakistan’s first ever international convertible loan facility. The Fintech scene in Pakistan continues to see rapid growth. Pakistan remains one of the largest unbanked countries in the world. Startups like CreditFix are working towards improving access to basic financial services in emerging markets. KARACHI, Pakistan–(BUSINESS WIRE)–#Fintech–The Pakistani fintech […]

Manhattan West Appoints Benjamin Vega as General Counsel thumbnail

Manhattan West Appoints Benjamin Vega as General Counsel

LOS ANGELES, Calif.–(BUSINESS WIRE)–#BenjaminVega—Manhattan West, a modern, independent financial solutions company, has appointed Benjamin Vega to serve as General Counsel to the organization. A highly skilled attorney and negotiator, Vega will represent Manhattan West’s rapidly expanding business interests both domestically and globally. A native Angeleno, Mr. Vega brings over 20 years of legal and deal-making […]

Consumer Fintech HMBradley Switches to Invite Only Amid Explosive Demand for Its Checking Account thumbnail

Consumer Fintech HMBradley Switches to Invite Only Amid Explosive Demand for Its Checking Account

Company goes from zero to $375M in deposits since launching in March of 2020 SANTA MONICA, Calif.–(BUSINESS WIRE)–#Banking—HMBradley, the digital banking platform built to reward savers, today announced that its flagship product, a checking account that pays consumers up to 3.50% annual percentage yield (APY), is moving to invite only despite increasing demand from consumers. […]

Clair Completes SOC 2 Type I Certification, Solidifying Position as a Leader In Security and Compliance thumbnail

Clair Completes SOC 2 Type I Certification, Solidifying Position as a Leader In Security and Compliance

Fast-growing fintech passes data security standards set by the AICPA NEW YORK–(BUSINESS WIRE)–#earnedwageaccess—Clair, a social impact financial technology company, announced today that it had successfully completed the Service Organization Control (SOC) 2 Type 1 audit. The review was conducted by Sensiba San Filippo LLP, and it confirms that Clair achieved the AICPA’s Trust Services Criteria […]

SRAX Launches Investment Advisor Feature on the Sequire Platform thumbnail

SRAX Launches Investment Advisor Feature on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SEQUIRE–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 Investment Advisor Feature. This new Sequire search feature allows you to find contact information on individuals who are registered investment advisors. When company executives […]

Progressive Leasing Releases Expanded E-Commerce Plug-ins for Magento 2, WooCommerce thumbnail

Progressive Leasing Releases Expanded E-Commerce Plug-ins for Magento 2, WooCommerce

New plug-and-play integration provides retailers with frictionless access to online application, faster decisioning for their customers SALT LAKE CITY–(BUSINESS WIRE)–$PRG—Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions, which is owned by fintech holding company PROG Holdings, Inc. (NYSE:PRG), announced today an expansion of its e-commerce platform offerings with Magento 2 and […]

Great Lakes Credit Union Expands Relationship with Access Softek to Add Biometric Authentication, Online Banking and Conversational Banking thumbnail

Great Lakes Credit Union Expands Relationship with Access Softek to Add Biometric Authentication, Online Banking and Conversational Banking

– Long-time client adding new digital banking features in 2021 to better meet member needs – BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking provider, announced that long-time mobile banking client, Great Lakes Credit Union (GLCU), has expanded its relationship with Access Softek to add new digital banking capabilities. GLCU has used Access Softek’s mobile […]

LenderClose Continues Growth in First Half of 2021 thumbnail

LenderClose Continues Growth in First Half of 2021

Lending platform provider enters July with new partnerships, enhanced offerings DES MOINES, Iowa–(BUSINESS WIRE)–LenderClose, a real estate and home equity lending technology platform, surpassed projected growth and enhanced its offerings to meet growing demand in the first half of 2021. A growing number of users are now able to offer a faster and more efficient […]

The NAGA Group AG breaks another record, reporting an impressive USD 29 million group revenue for the half year, tripling copy-trades and doubling trading volume

The NAGA Group AG breaks another record, reporting an impressive USD 29 million group revenue for the half year, tripling copy-trades and doubling trading volume

Q2 2021 with more than USD 15 million revenue Copy-trading increased by 360% 2020 audited results to be published July 26th HAMBURG, Germany–(BUSINESS WIRE)–NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, announces the preliminary group figures for its record-half year 2021. NAGA continues its impressive growth […]

NVE Bank Selects CSI’s NuPoint Core to Automate Banking Technology and Streamline Operations thumbnail

NVE Bank Selects CSI’s NuPoint Core to Automate Banking Technology and Streamline Operations

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Englewood, New Jersey-based NVE Bank ($721 million in assets) has selected its NuPoint® core platform to future-proof the bank with innovative digital technology to improve automation and efficiency. NVE Bank has earned Bauer Financial Inc.’s Five-Star Rating […]

Mastercard Creates Simplified Payments Card Offering for Cryptocurrency Companies thumbnail

Mastercard Creates Simplified Payments Card Offering for Cryptocurrency Companies

Reduces friction in experience and provides greater choice for consumers by helping crypto companies offer card programs Suite of partners include Circle, Paxos, Evolve Bank & Trust, Metropolitan Commercial Bank, Uphold, BitPay, Apto Payments, i2c Inc. and Galileo Financial Technologies PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard announced today it will enhance its card program for cryptocurrency wallets and […]

Digital Homeownership Platform Better Expands Title Product to Virginia, Further Developing Nationwide Adoption of One-Click Checkout for Real Estate Transactions

Digital Homeownership Platform Better Expands Title Product to Virginia, Further Developing Nationwide Adoption of One-Click Checkout for Real Estate Transactions

NEW YORK–(BUSINESS WIRE)–#closing–Better, a fully digital homeownership platform, offering mortgage, real estate, title, and homeowners insurance products all through one intuitive online platform, today announced it has been licensed as a title insurance provider for refinance transactions through Better Settlement Services (BSS) by the state of Virginia. Title insurance protects a homeowner’s rights if a […]

Palantir Introduces Foundry for Builders thumbnail

Palantir Introduces Foundry for Builders

World-class software platform now available to early-stage companies DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) announced today the launch of Foundry for Builders, an initiative dedicated to supporting early-stage companies by providing them with the Palantir Foundry platform, helping support their growth. For Palantir, Foundry for Builders marks a continued expansion of its business beyond large organizations […]

Napier sets up at Dubai’s leading financial center in the Middle East with new DIFC office thumbnail

Napier sets up at Dubai’s leading financial center in the Middle East with new DIFC office

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Napier, provider of advanced anti-financial crime compliance solutions, has announced it has extended its global footprint by opening a new office at Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech hub in the MEASA region. Strategically located between East and West, DIFC is recognized as the leading […]

Leader in Anti-financial Crime Compliance, Napier, Expands Global Footprint With New UAE Base thumbnail

Leader in Anti-financial Crime Compliance, Napier, Expands Global Footprint With New UAE Base

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Napier, provider of advanced anti-financial crime compliance solutions, has announced it has extended its global footprint by opening a new office at Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech hub in the MEASA region. Strategically located between East and West, DIFC is recognized as the leading […]

Juniper Research: Embedded Finance Market Value to Exceed $138 Billion in 2026, as APIs Intensify Fintech Competitive Landscape thumbnail

Juniper Research: Embedded Finance Market Value to Exceed $138 Billion in 2026, as APIs Intensify Fintech Competitive Landscape

BASINGSTOKE, England–(BUSINESS WIRE)–#banking–A new study from Juniper Research has found that the value of the embedded finance market will exceed $138 billion in 2026, from just $43 billion in 2021. Embedded finance occurs when financial services are embedded within non-traditional financial services areas, such as banking services within a ridesharing app, or insurance services within […]

Questica Releases Budget 2021.2 with New Collaborative and Social Features Ideal for the Public Sector thumbnail

Questica Releases Budget 2021.2 with New Collaborative and Social Features Ideal for the Public Sector

Latest product update offers new user interface and powerful cloud-based functionality to streamline budgeting, improve analytics capabilities and enhance the user experience BOSTON–(BUSINESS WIRE)–#accounting—Questica Inc., the leading provider of public sector budgeting solutions, today announced the general availability of Budget 2021.2, the newest version of its flagship solution, Questica Budget. Questica is a subsidiary of […]

Lili, the Banking App for Freelancers, Launches Lili Pro: The Financial Backbone For The $1.2 Trillion Freelance Economy thumbnail

Lili, the Banking App for Freelancers, Launches Lili Pro: The Financial Backbone For The $1.2 Trillion Freelance Economy

The Premium Card Launches After The Milestones Of Raising $80M, Hitting 200k Users, and Becoming the Exclusive Banking Partner of the Freelancers Union An All-in-One App for the Self-Employed, The Neobank Now Includes Business and Tax Solutions to Support the Growing Needs of the Projected 90 Million U.S. Freelancers NEW YORK–(BUSINESS WIRE)–#freelance—Lili, the all-in-one banking […]

Bank of America Launches New Unlimited Cash Rewards Credit Card thumbnail

Bank of America Launches New Unlimited Cash Rewards Credit Card

Unlimited 1.5% Cash Back on All Purchases Makes Earning Rewards Easy, Helps Optimize Spending Preferred Rewards Members Could Earn up to 2.62% Cash Back CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced the launch of the Bank of America Unlimited Cash Rewards credit card, which allows clients to earn unlimited 1.5% cash back on all purchases. […]

First Tech Federal Credit Union Selects ICE Mortgage Technology’s Encompass Product and Pricing Service to Streamline Automation and Scale thumbnail

First Tech Federal Credit Union Selects ICE Mortgage Technology’s Encompass Product and Pricing Service to Streamline Automation and Scale

Credit Union Adopts EPPS to Future-Proof Mortgage Lending Demands PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that First Tech Federal Credit Union, one of the nation’s premier credit unions, has chosen ICE Mortgage Technology’s Encompass® Product and Pricing […]

Builders FirstSource Completes Listing Transfer to the New York Stock Exchange thumbnail

Builders FirstSource Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Builders FirstSource (NYSE: BLDR) has completed its listing transfer and will begin trading today as an NYSE-listed company. As it joins more than 2,300 of the world’s […]

New York and Connecticut Approve Latest Version of OCTO Telematics DriveAbility® Advanced Score for Auto Insurance Pricing thumbnail

New York and Connecticut Approve Latest Version of OCTO Telematics DriveAbility® Advanced Score for Auto Insurance Pricing

BOSTON–(BUSINESS WIRE)–#analytics–OCTO Telematics, the leading insurance and fleet telematics services and analytics provider, today announces that the latest version of OCTO DriveAbility® Advanced Score was approved for use for auto insurance pricing in both New York and Connecticut. DriveAbility Advanced Score is approved for use in most U.S. states and has been widely used by […]

CIBC and CIBC Asset Management Launch a New Suite of Sustainable ETFs on the NEO Exchange thumbnail

CIBC and CIBC Asset Management Launch a New Suite of Sustainable ETFs on the NEO Exchange

20 ETF issuers now listed on NEO TORONTO–(BUSINESS WIRE)–$CSBA #CIBC—NEO is proud to welcome CIBC Asset Management (“CIBC AM”), the asset management subsidiary of CIBC, for their first-ever listings on the NEO Exchange with the launch of six actively managed, sustainable ETFs. CIBC has now become the 20th ETF Manager to list on NEO. Seeking […]

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