This new FAST will focus on FinTech, Crypto Gaming, TechBio, Marketplaces, PropTech, and “Big Tech Dropouts” SAN FRANCISCO–(BUSINESS WIRE)–In the last 30 days, the startup community has seen massive seed funding announcements. But Founders are asking: Now what? What action can I take to raise pre-seed and seed funding? NFX, who announced their $450 million […]
Migration from on-premises will optimize operational effectiveness and decrease infrastructure costs MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that long-term customer, Mountain West Farm Bureau, upgraded Majesco Policy for P&C to Majesco CloudInsurer®, a move that will improve operational effectiveness and decrease infrastructure costs. This […]
Open Bank Project, API3, Qredo & Sovryn Form Alliance with Banco Hipotecario to Power Bitcoinization in El Salvador BERLIN–(BUSINESS WIRE)–The Bitcoin Alliance, a new alliance between Banco Hipotecario, TESOBE – the company behind the Open Bank Project – API3, Qredo and Sovryn will bring forth the next generation of Blockchain applications offering open banking solutions […]
ANZ and Quest Payment Systems to launch Visa Installments, bringing popular buy now, pay later financing to credit card customers buying in-person or online – no extra form filling, no need for a new card or credit line SYDNEY–(BUSINESS WIRE)–Visa (NYSE: V), the world’s leader in digital payments, today announced the expansion of Visa Installments […]
The Company Expects 1,000 S19j Pro Antminers Will Be Deployed by the End of October 2021 and Will Generate Revenue of $1 Million per Month LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its wholly owned subsidiary, BitNile, Inc. (“BitNile”), is actively installing the […]
The report found that by 2025, instant payments and e-money payments will account for more than 25% of global non-cash transactions, up from 14.5% in 2020. PARIS–(BUSINESS WIRE)–Payments are entering a new experience-driven era (Payments 4.X1), ushered in by an accelerated transformation timeline due to COVID-19 and the growing digital appetite of customers, according to […]
Nova Credit honored as a top fintech startup for achievements in Credit Score & Analytics SAN FRANCISCO–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, announced today that CB Insights has named Nova Credit to the fourth annual Fintech 250, a prestigious list […]
Money Management from MX promotes financial literacy and empowers Americans to access powerful insights on their spending, savings, debt, and more CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, unveiled its personal finance visualization tool, Money Management, to add to the suite […]
Validation ensures Eclypses customers are using a product validated by a National Institute of Standards and Technology approved testing laboratory COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–Eclypses, a leader in end-point data protection, today announced that it received the Federal Information Processing Standard 140-3 (FIPS 140-3) validation after an independent, NIST accredited laboratory put the Eclypses encryption modules […]
SAN FRANCISCO–(BUSINESS WIRE)–#Fintech—Airbase, the only comprehensive spend management platform available for small and mid-market companies, has today announced a partnership with Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors. SVB’s business cards can now be used with Airbase’s spend management software through an API integration, which automates accounting […]
CHANDLER, Okla. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #cloud–National American Insurance Company (NAICO) and Guidewire Software, Inc. (NYSE: GWRE) today announced that NAICO has subscribed to Guidewire Cloud to power core operations and simplify IT, quickly adapt to changing market demands, and deliver more value to policyholders. The company plans to implement InsuranceSuite, DataHub, and InfoCenter […]
Home Improvement Loans program sees 4X year-over-year growth; LendKey continues expansion into Personal Unsecured, Auto Refi, and Solar loans NEW YORK–(BUSINESS WIRE)–LendKey, the networked lending platform designed to deliver capital and liquidity management today announced a new company milestone as it originated over half a billion dollars in loans year-to-date on behalf of its credit […]
PORTLAND, Ore.–(BUSINESS WIRE)–#PoweredbySila–Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced a partnership with Arcus, a payment-as-a-service platform that enables any business to launch and offer innovative payment solutions across the Americas. By combining both companies’ particular strengths, bill payment to more than 18,000 US billers is now available […]
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 an indicative, ‘Beta’, version of its U.S. Dollar (USD) ICE Swap Rate® for SOFR interest rate swaps and a ‘Beta’ USD SOFR Spread-Adjusted ICE Swap Rate® to assist the non-linear […]
Partnership addresses need to provide SMBs with the most relevant financial products in this highly dynamic economic environment DOYLESTOWN, Pa.–(BUSINESS WIRE)–Powerlytics and Railz have partnered to provide banks and fintechs with a powerful new benchmarking product via more granular and actionable data to better support small business and mid-market customers’ success. As part of the […]
Order to cash and treasury management software leader to participate in the 10th annual conference for NetSuite customers and partners HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order to Cash and Treasury Management software leader, announced it is a gold sponsor at SuiteWorld, Oracle NetSuite’s annual conference for the NetSuite community. Now in its 10th year, SuiteWorld […]
CHICAGO–(BUSINESS WIRE)–$OPFI–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced today that it has expanded its existing $25 million bank credit facility to $45 million. OppFi plans to use the expanded facility in part to support the growth and expansion of its […]
LYON, France & MIDDLETON, Wis.–(BUSINESS WIRE)–Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, today announced the launch of Esker Pay, an extensive set of integrated payment capabilities and strategic Fintech partnerships to help businesses unlock cashflow. Fully integrated with Esker’s Procure-to-Pay and Order-to-Cash solution suites, […]
Tower partners with Dutch AI-based solution FRISS to automate and accelerate claims process AUCKLAND, New Zealand–(BUSINESS WIRE)–#AI–Tower is set to further automate the process of detecting genuine and suspicious claims in real time, to allow for a faster process for customers in need. The automated system is made possible through Tower’s international partnership with Dutch […]
New Downtown Office Connects Nymbus with Surrounding Partners JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it will open a new corporate headquarters office located in Jacksonville, Florida. Nymbus has established a local staff presence in the Florida city owing to its collaboration with Jacksonville-based VyStar Credit Union. The landmark partnership […]
NFX’s Fund III, its largest fund to date, and one of the largest pre-seed and seed-focused funds ever, doubles down on early seed stage startups focusing on a broad range of sectors including fintech, marketplaces, gaming, proptech — and now a greater focus on crypto and tech-bio SAN FRANCISCO–(BUSINESS WIRE)–NFX, the leading seed-stage venture firm, […]
The NJMEP award honors CompoSecure’s signifcant growth and innovation SOMERSET, N.J.–(BUSINESS WIRE)–#BusinessAwards—CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced it was named the winner of the 2021 New Jersey Innovator of the Year Award by the New Jersey Manufacturing Extension Program […]
RALEIGH-DURHAM, N.C.–(BUSINESS WIRE)–Avaya (NYSE: AVYA), a global leader in solutions to enhance and simplify communications and collaboration, is providing the fintech industry with much needed flexibility and the ability to notably increase productivity and user satisfaction. InspereX is a new tech-driven, fixed income and market-linked product distribution and trading firm, with a mission to break […]
Avetta-NEXT partnership helps suppliers save time and money by providing instant access to wide variety of insurance products at competitive rates OREM, Utah–(BUSINESS WIRE)–#riskmanagement—Avetta®, the leading provider of supply chain risk management software, announced today a unique partnership with NEXT Insurance, the leading insurtech company transforming small business insurance, to offer suppliers with affordable and […]
SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC:POSAF), the leading provider of payments infrastructure in the cannabis industry, is excited to announce a deep integration partnership with Alpine IQ, the leading data and marketing solutions provider for cannabis retailers. This two-way integration at the point of sale allows for a frictionless experience for customers and dispensaries. […]
OpenLegacy (OL) Hub brings the simplicity, speed, and standardization of cloud-native development to enterprises with legacy core systems. Introduces the only all-in-one digital modernization platform built to unlock cloud-first development with core system data and assets. OL Hub enables rapid generation of digital services, extends legacy functionality, and manages, maintains and streamlines usage of legacy […]
Leading Automotive Digital Retail Software Demonstrates Its Versatility IRVINE, Calif.–(BUSINESS WIRE)–Digital Motors, the award-winning digital retailing platform for the automotive industry, has proven the unique configurability of its product by providing an online retailing solution for the nation’s more than 4,000 recreational boat and yacht retailers. Since Digital Motors’ launch, the platform has established itself […]
Combined Technologies to Make Blockchain-Powered Payments and Financing Available to Warehousing and Manufacturing Industries NEW HAVEN, Conn. & SARASOTA, Fla.–(BUSINESS WIRE)–#Sage—Scanco Software, the leader in warehouse, manufacturing and supply-chain management solutions for Sage, and CoreChain Technologies, the digital B2B payments network built on blockchain, today announce that they are partnering to co-develop an integration of […]
The award-winning global payments processor sets up regional hub to promote its innovative offering throughout MENA, led by ex-Majid Al Futtaim payments expert, Arnav Rath, as Head of Region DUBAI, United Arab Emirates–(BUSINESS WIRE)–Global Processing Services (GPS), the Paytech Pioneer™ behind some of the world’s biggest fintech challengers, today announces that it has officially launched […]
MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced an update on its business strategy acceleration and the company’s massive growth over the last year since its acquisition by Thoma Bravo, a leading software investment firm. “This year has been incredible on all fronts of the business, […]
Technology Will Help Institutions Access Liquidity in Digital Asset Markets 24/7 CHICAGO–(BUSINESS WIRE)–#BlockFills—BlockFills, a fast-growing global cryptocurrency and digital asset technology company, today announced the release of Phoenix, a first-of-its-kind SaaS crypto interface designed for institutional clients to access the company’s proprietary cryptocurrency trading technology and liquidity. Phoenix arms institutions with the technology they need […]
Move Expands Financial Access For All Americans, Including Immigrants PASADENA, Calif.–(BUSINESS WIRE)–Cheese, the revolutionary challenger bank and social cause platform, today announced it is expanding access to its banking services by offering alternative methods of identification to open an account for customers without social security numbers. As an alternative to sharing a social security number, […]
Report identifies strategies for responding to new set of consumer expectations SAN MATEO, Calif.–(BUSINESS WIRE)–Finalytics.ai powers segment-of-one digital experiences for credit unions and community financial institutions. The company has announced results from a recent survey conducted by The Harris Poll that investigates consumers’ digital banking preferences. 1,934 Americans over the age of 18 were surveyed. […]
Revo Capital became Turkey’s largest VC fund to date with the final closing of its second fund at 90 million Euros. Within the last 3 months, Revo Capital successfully finalized 3 exits from its first fund while closing its second fund and making 3 new investments. Revo Capital has received the continuing support of IFC […]
Move gives lenders instantaneous homeowners insurance data from a single source ST. LOUIS–(BUSINESS WIRE)–#FEMA—DataVerify®, a leading provider of data verification, risk mitigation and workflow automation services, today announced an integration with Rocket Companies’ (NYSE: RKT) Nexsys Technologies®. DataVerify will directly connect with Nexsys Clear HOIsm, a tool from Nexsys Technologies that automates the verification of […]
PlayLive! Casino leverages MoneyLine™, powered by PayNearMeⓇ, to improve the player experience by streamlining deposit flows and accelerating payouts LAS VEGAS–(BUSINESS WIRE)–#BigNews–GLOBAL GAMING EXPO (G2E) — PayNearMe, the modern and reliable payments experience company known for making payments easy for both businesses and customers, today announced MoneyLine, the company’s new platform designed to manage the […]
Leading banks around the world use OneSpan’s Mobile Security Solutions to secure transactions for millions of their remote banking customers CHICAGO–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced that its OneSpan Mobile Security Suite (MSS) has been named “Overall Mobile Security Solution of the Year” for the second […]
Latest flagship fund brings total capital raised to more than $10.5 billion since the start of 2020 BOSTON & MENLO PARK, Calif. & LONDON–(BUSINESS WIRE)–#GrowthEquity–Summit Partners, a global alternative investment firm, today announced the first and final closing of its latest flagship U.S. growth equity fund. Launched in June 2021, Summit Partners Growth Equity Fund […]
PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, a tech-enabled specialty provider of variable cost commercial property and casualty insurance programs, entered its fourth year of operations as a program administrator reaching a significant milestone of $100M of in force premium for its captive programs. eMaxx’s managed captive programs have seen an over fifty percent reduction in frequency, which has […]
OLDWICK, N.J.–(BUSINESS WIRE)–The October issue of Best’s Review reports on how insurers are responding to the increase in ransomware attacks. In “Cyberattacks: Insurers Defend Against Ransomware,” cyber insurers discuss how they are working with the government and one another to control losses and maintain a market. Best’s Review speaks with Erik Weinick, attorney and co-founder, […]
