Business Wire

Inclusive Fintech 50 launches 2021 competition to recognize early-stage fintechs driving innovation in an era of uncertainty thumbnail

Inclusive Fintech 50 launches 2021 competition to recognize early-stage fintechs driving innovation in an era of uncertainty

An independent panel of leading fintech experts will select 50 innovative inclusive fintech startups helping communities rebuild from the pandemic WASHINGTON–(BUSINESS WIRE)–#InclusiveFintech50–The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the […]

InvoiceCloud Updates IVR Offering with Enhanced Features thumbnail

InvoiceCloud Updates IVR Offering with Enhanced Features

New Capabilities will Advance Self-Service and Customer Satisfaction BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart solution for online bill payment services, announced Interactive Voice Response (IVR) enhancements today, giving billers and their customers more omnichannel options for contactless bill payments and account management. The IVR system allows payers to quickly and easily pay their tax, insurance, utility or […]

Cantaloupe, Inc. Added to US Small-Cap Russell 2000® Index thumbnail

Cantaloupe, Inc. Added to US Small-Cap Russell 2000® Index

MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #RussellRecon—Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced that the Company has been added as a member of the Russell 2000® Index effective after the US market opens on June 28, 2021. Annual […]

ICE’s Global Commodities Futures Markets Reach Record Open Interest of 35.2 Million Contracts thumbnail

ICE’s Global Commodities Futures Markets Reach Record Open Interest of 35.2 Million Contracts

LONDON & NEW YORK & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest across its global commodities futures markets of 35.2 million contracts on June 24, 2021, contributing to 10% year-over-year (“y/y”) growth in total open interest on ICE and surpassing the previous […]

Celligence Launches to Drive Empathetic Technology thumbnail

Celligence Launches to Drive Empathetic Technology

NEW YORK–(BUSINESS WIRE)–Celligence (www.celligence.com), a new fintech venture that has been funded by Pavan Agarwal (CEO of Sun West Mortgage Company, Inc. www.swmc.com), is innovating to make financial services products better through empathetic technology. As part of this start up, Celligence is looking for experienced software engineers to develop next-generation financial technologies that can change […]

Paystand Accelerates Digital-First B2B Payments with the Launch of Smart Lockbox thumbnail

Paystand Accelerates Digital-First B2B Payments with the Launch of Smart Lockbox

Finance teams can now effortlessly transition to a fully automated cash cycle and unlock new revenue in the process SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–#B2BPayments—Paystand – the leader in blockchain enabled B2B payments – today announced the launch of Smart Lockbox, the digital-first alternative to traditional lockbox services. Now, for the first time, businesses will have the […]

Walmart MoneyCard, Issued by Green Dot Bank, Now Offered as Demand Deposit Accounts with Enhanced Digital Banking Tools and Features for Customers

Walmart MoneyCard, Issued by Green Dot Bank, Now Offered as Demand Deposit Accounts with Enhanced Digital Banking Tools and Features for Customers

Account holders gain access to Green Dot Bank’s comprehensive digital banking platform that will evolve with more innovative features over time BENTONVILLE, Ark., & PASADENA, Calif.–(BUSINESS WIRE)–Walmart (NYSE: WMT) and Green Dot (NYSE: GDOT) today announced the Walmart MoneyCard issued by Green Dot Bank is now offered as a demand deposit account (“DDA”) better equipped […]

Charles River® Named Best Fixed Income OEMS at 2021 European Markets Choice Awards thumbnail

Charles River® Named Best Fixed Income OEMS at 2021 European Markets Choice Awards

LONDON–(BUSINESS WIRE)–#FixedIncome–Charles River Development, a State Street company, has won “Best Fixed Income Execution/Order Management System” in the inaugural European Markets Choice Awards. Sponsored by MarketsMedia, the awards identify and recognize the best companies, individuals and innovation in financial markets. The 2021 awards span institutional trading and technology sectors, including buy-side traders; sell-side execution desks; […]

Flueid Achieves SOC 2® Compliance Following Rigorous SOC 2 Type 2 Security Examination by a Top Global Accounting Firm thumbnail

Flueid Achieves SOC 2® Compliance Following Rigorous SOC 2 Type 2 Security Examination by a Top Global Accounting Firm

Company achieves unqualified SOC 2 (SOC for Service Organizations: Trust Services Criteria) Type 2 examination report for its Flueid Decision solution. Securing this high standard of compliance less than a year following Flueid Decision’s production release reinforces Flueid’s culture of stringent information security across all levels of the organization. AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading independent […]

Capitalize and Bankrate Partner to Help Users Find and Roll Over Legacy 401(k) Accounts to Better Save for Retirement thumbnail

Capitalize and Bankrate Partner to Help Users Find and Roll Over Legacy 401(k) Accounts to Better Save for Retirement

The new partnership provides Bankrate users with a free way to find and roll over retirement accounts like 401(k)s through Capitalize’s online platform NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and Bankrate, one of the most trusted names in personal finance, today announced a new partnership offering Capitalize’s 401(k) rollover platform […]

Netcapital Inc. Portfolio Company Zelgor Launches Successful Test of First Mobile Game thumbnail

Netcapital Inc. Portfolio Company Zelgor Launches Successful Test of First Mobile Game

Thousands download Noobs in Space in opening week of early access campaign. BOSTON–(BUSINESS WIRE)–$NCPL #mobilegames—Netcapital Inc. (OTCQX: NCPL) announced that portfolio company Zelgor Games has successfully launched a stability test of their first mobile game, Noobs in Space. The game is available for download on Google Play’s Early Access Store in India through July and […]

USALLIANCE Financial Selects FIS’ Payments One to Modernize Credit and Debit Card Processing thumbnail

USALLIANCE Financial Selects FIS’ Payments One to Modernize Credit and Debit Card Processing

Key facts USALLIANCE Financial will tap into the robust capabilities of FIS’ Payments One to streamline and modernize its portfolio of card offerings. FIS’ Payments One platform streamlines payments services into a single program including credit and debit card processing, loyalty, fraud protection, and card production. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) announced […]

Entrust Achieves Visa Ready Certification for Instant Financial Card Issuance Solutions, Joins Visa Fintech Partner Connect Program thumbnail

Entrust Achieves Visa Ready Certification for Instant Financial Card Issuance Solutions, Joins Visa Fintech Partner Connect Program

Certification signifies Entrust instant financial issuance solutions meet Visa standards and payments regulations MINNEAPOLIS–(BUSINESS WIRE)–Entrust, a leading provider of trusted identities, payments and data protection, today announced that it has become a Visa Ready certified partner, offering their market-leading portfolio of Instant Financial Card Issuance solutions and expert guidance to help financial institutions create a […]

Javelin Strategy & Research Names NCR Terafina Overall Leader in 2021 Small Business Digital Account Opening Scorecard thumbnail

Javelin Strategy & Research Names NCR Terafina Overall Leader in 2021 Small Business Digital Account Opening Scorecard

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced that it is recognized as an overall leader in Javelin’s 2021 Small Business Digital Account Opening Scorecard. Additionally, the report recognizes NCR Terafina as the leader in the user experience evaluation category and among the top three vendors evaluated in the customer journey […]

Ault Global Holdings Names Christopher K. Wu Executive Vice President of Alternative Investments of the Company and as the President of Ault Alliance, Inc., a Wholly Owned Subsidiary of the Company thumbnail

Ault Global Holdings Names Christopher K. Wu Executive Vice President of Alternative Investments of the Company and as the President of Ault Alliance, Inc., a Wholly Owned Subsidiary of the Company

Financial Expert Brings Over 20-Years’ of Investment Banking, Financial Restructuring and Principal Investment Experience LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced it has hired Christopher K. Wu to fill the new position of Executive Vice President of Alternative Investments of the Company and the President […]

NYDIG and Q2 Announce Collaboration to Offer Integrated Bitcoin Solutions for Financial Institutions via Q2’s Digital Banking Platform thumbnail

NYDIG and Q2 Announce Collaboration to Offer Integrated Bitcoin Solutions for Financial Institutions via Q2’s Digital Banking Platform

Integration will allow Q2’s clients to offer their more than 18 million customers the ability to buy, sell and hold Bitcoin Collaboration will be powered by NYDIG’s secure, regulated, full-stack Bitcoin platform NEW YORK & AUSTIN, Texas–(BUSINESS WIRE)–NYDIG, a leading technology and financial services firm dedicated to Bitcoin, and Q2 Holdings, Inc. (NYSE:QTWO), a leading […]

Financial Institutions Can Now Provide Consumers Easy Access to Bitcoin via Fiserv and NYDIG thumbnail

Financial Institutions Can Now Provide Consumers Easy Access to Bitcoin via Fiserv and NYDIG

Banks and credit unions of all sizes can facilitate buying, selling, and holding bitcoin within their digital banking platforms BROOKFIELD, Wis.–(BUSINESS WIRE)–#BTC–Financial institutions of all sizes now can enable consumers to buy, sell and hold bitcoin through their bank accounts via an integration between Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and […]

Morgan Stanley Launches Next Level Fund in Partnership with Hearst, Microsoft and Walmart to Invest in Diverse Start-Ups thumbnail

Morgan Stanley Launches Next Level Fund in Partnership with Hearst, Microsoft and Walmart to Invest in Diverse Start-Ups

Fund to Invest in Women and Multicultural Founded Early-Stage Companies Fund builds on expertise from the groundbreaking Morgan Stanley Multicultural Innovation Lab and HearstLab sourcing disruptive technology and technology-enabled start-ups NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management (MSIM) and the Multicultural Strategy Group today announced it has launched Morgan Stanley Next Level Fund, L.P. (“Next Level” […]

Community First Bank Selects Q2’s Digital Banking Platform thumbnail

Community First Bank Selects Q2’s Digital Banking Platform

Washington-based community bank partners with Q2 to deliver a seamless digital banking and wealth management experience for its clients AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Community First Bank of Kennewick, Washington chose Q2’s best-of-breed platform to deliver a unified digital banking […]

GeoWealth Powers Global X’s ETF Model Portfolios to Explosive Growth in US thumbnail

GeoWealth Powers Global X’s ETF Model Portfolios to Explosive Growth in US

Since 2018 introduction directly to US Registered Investment Advisors, models have seen a CAGR of 350+% CHICAGO–(BUSINESS WIRE)–GeoWealth, a TAMP built specifically for Registered Investment Advisors (RIAs) with $15B in platform assets and north of $6B in AUM, is pleased to announce that Global X, a New York-based provider of ETFs owned by Mirae Asset […]

Significant Shortfalls in Third-Party Insurance Coverage Detailed in New Report thumbnail

Significant Shortfalls in Third-Party Insurance Coverage Detailed in New Report

Enterprise Insurance Verification Inadequacies Create Risk of Vicarious Liability Lawsuits ATLANTA–(BUSINESS WIRE)–#Insurtech–Evident, a leading insurance verification service provider, observed that 75% of third-party vendors fail to comply with enterprise insurance requirements despite being contractually obligated to do so. The findings are highlighted in Evident’s “State of Third-Party Insurance Verification” report, which draws on an analysis […]

Bank of America Launches Personal Retirement Strategy, a New Digital Investment Advisory Program thumbnail

Bank of America Launches Personal Retirement Strategy, a New Digital Investment Advisory Program

Latest Addition to Financial Life Benefits® Suite of Workplace Solutions Provides Investment Guidance to Help Employees Achieve Retirement Income Goals CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Institutional and corporate retirement plan clients can now offer this Merrill program designed to help plan […]

Passbook by Remitly Launches Suite of New Features thumbnail

Passbook by Remitly Launches Suite of New Features

Amid strong customer demand, financial services provider Remitly doubles down on vision of financial inclusion SEATTLE–(BUSINESS WIRE)–Remitly, the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app. Remitly is rethinking how immigrants access banking services, and with the […]

Oxygen Debuts “Elements” Loyalty Program for Debit Cardholders, New Look thumbnail

Oxygen Debuts “Elements” Loyalty Program for Debit Cardholders, New Look

The company has also launched P2P “Friends” money feature in addition to a suite of flexible saving features specifically designed to help creators, freelancers and other DIYers pay collaborators and achieve multiple savings goals SAN FRANCISCO–(BUSINESS WIRE)–Digital finance platform Oxygen today announced an ambitious new loyalty and savings program, Oxygen Elements, with four different levels […]

NXTsoft and Upstart Partner to Streamline Delivery of AI-Based Lending Platform to Banks and Credit Unions thumbnail

NXTsoft and Upstart Partner to Streamline Delivery of AI-Based Lending Platform to Banks and Credit Unions

BIRMINGHAM, Ala. & SAN MATEO, Calif.–(BUSINESS WIRE)–NXTsoft (nxtsoft.com), the market leader in secure, comprehensive and complete API connectivity, and Upstart (NASDAQ: UPST), a leading AI lending platform provider, today announced a partnership that will enable Upstart to more efficiently implement its all-digital AI lending platform to any U.S.-based financial institution. Upstart’s AI model leverages over […]

OLB Group to Enable Secure Digital Asset Transfer With NFT Solutions on Ethereum Platform thumbnail

OLB Group to Enable Secure Digital Asset Transfer With NFT Solutions on Ethereum Platform

Fintech company implementing non-fungible token (NFT) capabilities to secure sales of electronic tickets and other digital assets using blockchain tokens NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small and mid-sized merchants, announced that its SecurePay payment gateway will support the transfer or sale of […]

Compliance Systems Signs 48 New Financial Institutions in First Quarter thumbnail

Compliance Systems Signs 48 New Financial Institutions in First Quarter

Midwest BankCentre, RCB Bank, Select Bank and Trust among trending list of financial institutions improving account opening experiences GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Compliance Systems, the financial industry’s leading provider of modern digital and dynamic compliance documentation, today announced that 48 banks and credit unions have partnered with the company in the first quarter of 2021 to […]

New Report from BigCommerce and PayPal Sheds Light on Consumer Spending Habits Post-Covid thumbnail

New Report from BigCommerce and PayPal Sheds Light on Consumer Spending Habits Post-Covid

Survey results highlight need for retailers to have omnichannel strategies to support customer preferences AUSTIN, Texas–(BUSINESS WIRE)–Consumer shifts in how and where people buy products evolved significantly during the COVID-19 pandemic, creating new opportunities for retailers to use new channels, fulfillment strategies and payment options, according to the results of a new survey out today […]

Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally thumbnail

Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally

New cash infusion to fuel growth — increasing global subscribers, hiring top-tier talent, expanding B2B integration offering and opening an office in Miami NEW YORK–(BUSINESS WIRE)–Atom Finance, the consumer software platform providing access to institutional-quality investment resources, today announced a $28 million Series B funding round led by the SoftBank Latin America Fund with participation […]

B2B Payment Provider, ZTL, Selects Napier’s Anti-financial Crime Solutions thumbnail

B2B Payment Provider, ZTL, Selects Napier’s Anti-financial Crime Solutions

LONDON–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, has announced its AI-led technology has been chosen by emerging Norwegian FinTech, ZTL Payment Solution. Napier will supply the B2B payment provider with Transaction Screening, Transaction Monitoring and Client Screening. These tools will enhance ZTL’s ability to identify suspicious activity related to money laundering […]

Tradeweb Announces Expected Closing Date for Acquisition of Nasdaq Fixed Income thumbnail

Tradeweb Announces Expected Closing Date for Acquisition of Nasdaq Fixed Income

NEW YORK–(BUSINESS WIRE)–#earnings–Tradeweb Markets Inc. (NASDAQ: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that all required regulatory and self-regulatory approvals have been obtained for the company’s previously announced acquisition of Nasdaq Fixed Income, Nasdaq’s U.S. fixed income electronic trading platform. Tradeweb expects the closing of […]

Adlumin Announces Membership with the Community Bankers Association of Illinois (CBAI) thumbnail

Adlumin Announces Membership with the Community Bankers Association of Illinois (CBAI)

The cybersecurity company joins the CBAI community to bring its patented grade security and compliance automation platform to community banks. WASHINGTON–(BUSINESS WIRE)–Last month, Adlumin became an associate member of the Community Bankers Association of Illinois (CBAI), allowing the company to expand its reach and provide community bankers in the state of Illinois with security and […]

Commit USA Bolsters North American Expansion With Bob Gold & Associates as Agency of Record thumbnail

Commit USA Bolsters North American Expansion With Bob Gold & Associates as Agency of Record

Cutting-Edge Tech Developer Teams with Award Winning PR Firm to Promote Global Powerhouse of Software Development and Engineering Talent NEW YORK–(BUSINESS WIRE)–Commit USA, a global technology services company specializing in custom software and IoT solutions, has selected Bob Gold & Associates (BG&A), a nationally recognized data-driven public relations and brand management agency, as its PR […]

Joint Study by Cantaloupe, Inc. and Michigan State University Finds Digital Payments Are Now the Preferred Payment Method at Vending Machines Powered by Increased Use of Contactless Credit Cards thumbnail

Joint Study by Cantaloupe, Inc. and Michigan State University Finds Digital Payments Are Now the Preferred Payment Method at Vending Machines Powered by Increased Use of Contactless Credit Cards

Hospitals, Professional and Military Locations Show Greatest Annual Increases in Digital Payments Low Volume Machines Show Significant Increases in Contactless Payments MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #MichiganStateUniversity—Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the findings of a […]

Finstro Signals Intent to Launch U.S.-Based Technology-Driven Trade Credit and Payment Solution in $26 Trillion1 B2B Market thumbnail

Finstro Signals Intent to Launch U.S.-Based Technology-Driven Trade Credit and Payment Solution in $26 Trillion1 B2B Market

U.S. operation to build on continued growth in Australia where Finstro has provided over AUD$1 billion of capital to more than 7,000 SMBs to date NEW YORK–(BUSINESS WIRE)–#B2Bpayments–Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, is expanding to the U.S. market. The Australian firm, which has operational centers in Asia […]

Cequence Security Sees Record Growth as API Security Risks Explode thumbnail

Cequence Security Sees Record Growth as API Security Risks Explode

Leader in API security secures 4 new patents, adds notable new investors, expands global reach and more SUNNYVALE, Calif.–(BUSINESS WIRE)–Cequence Security, a leading API security vendor, today announced strong corporate momentum with significant growth in revenue, customers and brands protected over the last 12 months, further validating its groundbreaking, open and extensible AI-based API security […]

CloudLinux Joins FINOS to Bring Open Source Software and Technology Standards to the Financial Services Industry thumbnail

CloudLinux Joins FINOS to Bring Open Source Software and Technology Standards to the Financial Services Industry

Company’s TuxCare services play leading role in securing open source for financial institutions; joins FINOS as silver member PALO ALTO, Calif.–(BUSINESS WIRE)–#cloudlinux–CloudLinux today announced that it joins FINOS (the Fintech Open Source Foundation) as a silver member to contribute projects within its financial open source community, from its TuxCare security services. FINOS is a nonprofit […]

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation thumbnail

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation

 Partnership further shifts data access away from credential-based data aggregation enabling fintechs and data aggregators to receive increasing API coverage through Akoya BOSTON–(BUSINESS WIRE)–#akoyanetwork–Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network. Fintechs and data aggregators can now request application programming interface (API)-based access to Wells Fargo customer data for […]

Rimes Brings Its ETF Data Management Solution to Snowflake Data Marketplace Amidst Global ETF Boom

Rimes Brings Its ETF Data Management Solution to Snowflake Data Marketplace Amidst Global ETF Boom

LONDON–(BUSINESS WIRE)–#RIMES—RIMES, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, has today announced the availability of its Exchange Traded Funds (ETF) Data Management Solution on Snowflake Data Marketplace. RIMES sources all ETF data directly from the sponsors and applies industry leading data quality standards setting the RIMES ETF data […]

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