Business Wire


Payfare, Wise to Bring First International Money Transfer Capabilities to the North American Gig Workforce

Wise will be embedded into Payfare’s digital banking platform, enabling gig workers to quickly send international payments to 80+ countries TORONTO–(BUSINESS WIRE)–Payfare (TSX: PAY) and Wise (LSE: WISE), the global technology company building the best way to move money around the world, today announced plans to bring fast, low-fee and secure international money transfer capabilities […]

Biomarkers of Human Longevity Are Essential for Investment De-Risking and Clinical Trial Predictability, Claims New Book by Seasoned Longevity Investor and Deep Knowledge Analytics Founder

Dmitry Kaminskiy’s New Book Urges Longevity Industry Players to Adopt Biomarkers of Human Longevity as the Fundamental Market-Ready Tool and Framework for Industry Stabilization, Tangible Decision Making, Predictable Forecasting of Clinical Trial Outcomes, Public Market Consistency and Investment De-Risking LONDON–(BUSINESS WIRE)–#Biomarkers–A new book by prominent Longevity investor and thought-leader Dmitry Kaminskiy (General Partner of Deep […]

Austin FC and Q2 to Award Grants to Local Nonprofits Through New “Q-mmunity Gives” Program

Annual grants will be awarded to three organizations dedicated to supporting the advancement of underrepresented communities AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings Inc. announced today that the organizations are teaming up to support local nonprofits dedicated to promoting equity and inclusion in Central Texas through the new “Q-mmunity Gives” program. Beginning in 2021, Austin […]

Q2 and NYDIG Announce First Financial Institutions in the U.S. to Launch Bitcoin Trading Solution Powered by NYDIG

Banks and credit unions can now enable their accountholders to transact Bitcoin seamlessly and securely inside the Q2 Digital Banking Platform NEW YORK & AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, and NYDIG, a leading bitcoin company, today announced Five Star Bank (NY) and UNIFY […]

Capitalize Announces Partnership with Betterment as Firm Continues to Accelerate Rollover Volume

NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, today announced it has added new individual retirement account (IRA) partners to its platform, including Betterment. The firm continues to accelerate activity on its platform and is on track to process several hundred million dollars of rollover volume over the next 12 months. Capitalize’s […]

 Wolters Kluwer and NYDIG Collaborate to Bolster Financial Institutions’ Bitcoin Programs

 Wolters Kluwer’s Bitcoin Deposit Disclosure Program helps foster compliant documents, practices MINNEAPOLIS–(BUSINESS WIRE)–Wolters Kluwer Compliance Solutions and NYDIG, a leading provider of Bitcoin platform solutions, have reached an agreement where Wolters Kluwer will serve as an exclusive preferred vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance obligations while exploring and […]

Olive Group Limited and Next Stage Partners Join Forces to Deliver Financial Empowerment as a Service in the US

WATERLOO, Ontario & SAN FRANCISCO–(BUSINESS WIRE)–Olive Group Ltd. (Olive) and Next Stage Partners (NSP) have announced that they are partnering to open the United States market for Olive, the only payments-driven technology aggregating round ups, cashback rewards and sponsor-matched contributions towards shared and individual goals. Online wealth managers, retailers, payroll providers, and charities across North […]

Disruptive.Asia: Huawei’s Ryan Ding and Peng Song Discuss How Operators Can Leverage Connectivity to Unlock New Growth

LONDON–(BUSINESS WIRE)–Disruptive.Asia reported that Ryan Ding and Peng Song stressed the growing importance of connectivity in driving industry growth and generating value amid a rapidly evolving landscape at the 7th Ultra-Broadband Forum (UBBF 2021) in Dubai, which is jointly hosted by the UN Broadband Commission and Huawei. Ding, Executive Director of the Board and President […]

Orion Cash & Credit Brings Banking to Fiduciary Wealthtech Platform

Lending and cash management solutions are now widely available to advisors using Orion OMAHA, Neb.–(BUSINESS WIRE)–To help independent financial advisors become a one-stop shop for all of their clients’ financial needs, Orion Advisor Solutions (“Orion”) is now live with Orion Cash & Credit, Powered by Focus Client Solutions (“Orion Cash & Credit”) on its Wealthtech […]

Leading Fintech Startup Capchase Announces Rebrand, Reflecting Mission to Modernize Business Finance

New look and feel depict Capchase’s ability to accelerate growth and remove barriers to financing for founders NEW YORK–(BUSINESS WIRE)–​​Capchase, the New York-based provider of non-dilutive capital for recurring-revenue companies, announced today that it has launched a new brand identity that will appeal directly to fast-growing businesses in need of flexible funding. The new branding […]

Moves Introduces The Moves Collective; Pioneering Service Turns Gig Workers into Gig Economy Shareholders

First-of-its-kind service empowers workers to earn shares in Uber, Lyft, DoorDash, and Grubhub to hand them unprecedented say in their futures DOVER, Del.–(BUSINESS WIRE)–#doordash—Moves, a financial services company designed to meet the business needs of today’s gig workers, today announced the launch of The Moves Collective, a radically new and mold-busting service that enables gig […]

Idomoo Signs Six New Insurance Carriers, Expanding Relationships With Other Market Leaders

NEW YORK–(BUSINESS WIRE)–#CX–Personalized video company Idomoo today announced the signing of two top 10 U.S. insurance carriers to its Next Generation Video Platform, joining four other carriers who signed earlier this year. These new deals follow Idomoo’s award-winning work with Europe’s largest insurance carrier, who also expanded its relationship with the company this year, committing to additional […]

Celina Insurance Group Completes Rapid Implementation of Majesco’s Utilant Loss Control 360 With Self Survey

Rapid implementation modernizes business operations and significantly reduces underwriting time MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced Celina Insurance Group implemented Majesco’s Utilant Loss Control 360 with Self Survey in 10 months. Utilant was acquired by Majesco earlier this year. Founded in 1914, Celina Insurance […]

PeoplesBank & Nymbus Expand Partnership with Latest Core Banking Platform Upgrade

JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced that PeoplesBank has selected Nymbus to modernize its core banking platform in order to best serve the institution’s customers and support continued growth. Headquartered in Holyoke, Massachusetts with assets exceeding $3.6 billion, PeoplesBank will convert its core banking system over to Nymbus’ single, […]

The Online Chemical Marketplace, BluePallet Closes Their Latest Round Led by Industry Leader, Vinmar International

AUSTIN, Texas–(BUSINESS WIRE)–#b2b–BluePallet, the digital marketplace connecting manufacturers with the chemical industry, today announced their latest round at $5 million led by Vinmar Ventures, a subsidiary of Vinmar International. The funding brings BluePallet’s total raise to $10 million, with seed funding coming from other chemical industry veterans including Terry Hill, Barentz CEO of North America; […]

Financial Data Exchange Releases FDX API 5.0

Financial Industry standards body announces major update to open finance API to promote greater interoperability and adoption. RESTON, Va.–(BUSINESS WIRE)–#FDXAPI—The Financial Data Exchange (FDX) today announced a major update of its common open finance standards via the release of FDX API version 5.0. The new version of the FDX API significantly increases market standardization of […]

Payfare to Integrate with Plaid to Enable Digital Financial Services for the Gig Economy

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare, Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced it is integrating with Plaid, a data network powering the digital financial ecosystem. Payfare powers faster, digital payments for some of the world’s largest on-demand platforms. In addition to instant access to earnings, […]

Ault Global Holdings Announces Update from Its Subsidiary, BitNile

Bitcoin Mining Production Reaches $10 Million Annualized Run Rate Based on Current Market Value of Bitcoin with Expected Growth to $15 Million by Month End LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced that its subsidiary, BitNile, Inc. (“BitNile”), is currently mining approximately $10 million worth […]

Mastercard Advances B2B Payments with New Supply Chain Finance Offering, Empowering More Businesses to Secure Working Capital They Need to Grow

Mastercard Track™ Business Payment Service and new partnership with Demica enables easier access to flexible working capital for buyers and suppliers New offering supports Mastercard’s expansion of its Track BPS network around the world with new partnerships solidified in North America, Middle East & Africa, Europe, Asia Pacific, and Latin America PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard today […]

Admiral Broadens Guidewire Deployment with Claims Go-Live

Insurer implements Guidewire for increased system efficiency, better data insight, and enriched customer experience CARDIFF, Wales & LONDON–(BUSINESS WIRE)–Admiral Group plc, the FTSE 100 Financial Services organisation, and Guidewire Software, Inc. (NYSE: GWRE) today announced that Admiral has implemented Guidewire as the new claims management system for its household line of business. Guidewire PartnerConnect Consulting […]

RIDDLE&CODE and Blockdaemon Join Forces to Unlock Next-Gen Industrial Tokenization Services

VIENNA–(BUSINESS WIRE)–Leading European blockchain interface company RIDDLE&CODE and the largest crypto infrastructure platform for node management and staking Blockdaemon, announced today a strategic, long-term partnership that will focus on delivering next-gen industrial tokenization services. RIDDLE&CODE will integrate Blockdaemon’s premium full node services to scale and enhance the tokenization capabilities of its Token Management Platform. Tokenization […]

Implants, AI and the No-cash Generation – Will Payments in 2030 Be a Dystopia or a Utopia?

New industry study explores the future of payments – from embedding ethics into transactions, to whether machine learning will make financial education redundant LONDON–(BUSINESS WIRE)–Today, Marqeta, the global modern card issuing platform, announced the launch of its new industry study, conducted in partnership with Consult Hyperion – The European Payments Landscape in 2030: Implants, embedded […]

Worldpay from FIS Named Crypto AM’s Crypto Payment Service Provider of the Year

Key facts Worldpay from FIS has been named Crypto Payment Service Provider of the Year at the Crypto AM awards. The Payment Service Provider of the Year award recognizes the organization that offers a leading and exceptionally secure, flexible and innovative digital asset payments solution. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader Worldpay from FIS® (NYSE: FIS) […]

Australian Digital Banking Platform, Data Action, Takes a Lead in AML Compliance With Napier

SYDNEY–(BUSINESS WIRE)–RegTech company Napier, provider of advanced anti-financial crime compliance solutions, has announced that specialist core banking and digital services provider Data Action will use the full Napier platform to strengthen its anti-money laundering (AML) and counter terrorism financing (CTF) defences in servicing Australia’s alternative banking industry. Napier’s advanced and integrated set of tools, including […]

Matthew Covi, Signal Intent CEO and Co-founder, Named a 2021 Lending Luminary by PROGRESS in Lending Association

NEW YORK–(BUSINESS WIRE)–Signal Intent, a leader in financial calculators for the digital age, announced today that its CEO and co-founder Matthew Covi has been named a 2021 Lending Luminary by PROGRESS in Lending Association. This award recognizes people in the mortgage banking industry who are inspiring others with their vision and leadership. Under Covi’s direction, […]

State Street Announces First Transaction Under Peer-to-Peer Repo Program

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year. The trade was executed between a large asset owner and a non-traditional investment manager. The Peer to Peer repo program seeks to facilitate overnight and term repo trading between buy-side counterparties, including traditional and […]

Clarus Wealth Advisors Launches New Website and Investment Adviser Representative (IAR) Support Program

PHOENIX–(BUSINESS WIRE)–#Arizona–Clarus Wealth Advisors LLC (“Clarus”), a family-owned, dually registered SEC Registered Investment Advisor headquartered in Peoria, Arizona, announced today the launch of a new website as part of the firm’s planned offering geared to Investment Adviser Representatives (IARs). Clarus’s new website, www.claruswealthadvisors.com, further streamlines the client experience with easy access to a secure, mobile […]

tZERO ATS Approved to Support Clearing & Settlement for Its Securities Trading Platform

Approval is a Critical Milestone for tZERO’s Next-Generation Trading Ecosystem & Will Accelerate the Velocity of Asset Onboarding NEW YORK–(BUSINESS WIRE)–tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today that its broker-dealer subsidiary, tZERO ATS, has been approved to settle and clear securities transactions for itself and its broker-dealer affiliates. Vertically […]

First Time Homebuyers Move Closer to Ownership Dream With ICE Mortgage Technology’s Encompass® 21.3 Platform Enhancement

Encompass 21.3 Release Enables 0% Loans for Housing Finance Authority (HFA) Borrowers 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 the industry’s leading origination system released additional enhancements to the Encompass® platform. The Encompass 21.3 release supports the […]

Report: Owners’ and Founders’ Approach to Risk Management Not a Match for Today’s Modern Threats

63% of SME owners believe they’re not at risk for a ransomware attack, with only 28% having cyber insurance policies; tech founders show more awareness, but still lack adequate protection SAN FRANCISCO–(BUSINESS WIRE)–In an era of increased business risk, small-medium enterprise (SME) owners and CEOs technology startup founders are falling short in both evaluating these […]

POSaBIT Unveils In-Store Payment Kiosk for Dispensaries

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, has unveiled the POSaBIT Kiosk, a versatile and standalone hardware option for dispensaries and retailers. The POSaBIT Kiosk allows customers to build out their carts, either in-store or online, and pay for their orders with a debit card […]

Tern Powers TransferMex to Enable U.S. Employers to Distribute Prepaid Cards with Same Day Cross-Border Remittance Capabilities

Employers can now pay their seasonal workers quickly and securely via prepaid cards, and workers can send money inexpensively to their families in Mexico with the TransferMex mobile app NEW YORK–(BUSINESS WIRE)–#apis—Tern Commerce Inc., a leader in ‘Fintech-as-a-service’, today announced the roll-out of their same day cross-border remittance capabilities for TransferMex. Tern’s end-to-end solution includes […]

JS Bank & Home Matters, Collaborate to Provide Housing Finance to UAE Based Pakistanis

JS Bank has partnered with Home Matters, one of the UAE’s top mortgage brokers, to provide easy and convenient home financing solutions to Non-Resident Pakistanis (NRPs) at flexible markup rates. KARACHI, Pakistan–(BUSINESS WIRE)–Home Matters will provide an end-to-end mortgage brokerage service exclusively for JS Bank. The agreement was signed by Fahad Siddiqui, Head of Secured […]

Clik2pay Extends Capabilities With Flexible QR Code Payment Feature

First-of-its-kind development allows customers to adjust payment amounts with contactless QR code payments, adding new use cases and convenience TORONTO–(BUSINESS WIRE)–Payment service provider Clik2pay unveiled their latest product capability today at the Telecommunications Risk Management Association of Canada (TRMA Canada) Conference in Toronto. Building on the already successful Clik2pay service, which allows consumers to securely […]

Best’s Review Pre-releases November Content

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review has released preview content of next month’s issue. Find out what is coming up in our November issue: “Homeowners Insurtech Segment Expands Lines, Forms Partnerships, Adds Services” reports on how this sector is adding term life, pet insurance and e-scooter coverage to its array of products. Due to the anticipated rise […]

The BluePallet MarketPlace is Now Open to Alibaba.com

AUSTIN, Texas–(BUSINESS WIRE)–#b2b–BluePallet, the industrial commerce platform that serves the chemical industry, today announced that it is joining the global B2B online marketplace, alibaba.com as a Global Gold Supplier. Alibaba.com is one of the world’s largest B2B e-commerce marketplaces and the original business unit of Alibaba Group (NYSE: BABA). This makes BluePallet the first industrial […]

HSBC to Launch Banking as a Service

HSBC is working with Oracle NetSuite to embed its corporate banking solutions into NetSuite cloud ERP LONDON–(BUSINESS WIRE)–HSBC is to launch a Banking as a Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms. HSBC and Oracle NetSuite, one of the leading cloud Enterprise Resource Planning […]

BlackRock Research Highlights Potential Outperformance Opportunities Driven by Sustainability Data

Research Points to Innovation, Business Catalysts and Asset Flows as Factors that Can Lead to Outperforming the Broader Market BlackRock Expands Active Equity and Fixed Income Line-Up with Sustainable Infrastructure, Climate and Broad ESG Funds NEW YORK–(BUSINESS WIRE)–New research from BlackRock highlights how sustainability-oriented business catalysts and data help active investment managers identify companies better […]

Step Announces Exclusive Partnership With Fortnite World Cup Champion, Bugha

As the company’s newest investor, Step x Bugha brings accessible financial tools and unique in-game activations to teen gamers. PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution built for the next generation, today announced an exclusive partnership with Fortnite World Cup Champion and two-time Esports Player of the Year, Kyle “Bugha” Giersdorf of Sentinels Pro. […]

New Report from Deloitte and Majesco Underscores the New Reality and Future of Group and Voluntary Benefits

Features the voice of key market players including the employer, employee, and broker MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new joint thought leadership report from Deloitte and Majesco, The New Reality and Future of Group and Voluntary Benefits. The report […]