Business Wire


VRGL Launches Tax Transition Optimization to Enhance Client Portfolio Recommendations

DALLAS–(BUSINESS WIRE)–#Fintech–VRGL, a Client Acquisition and Investment Proposal Management solution, today announced the release of its new Tax Transition feature. This powerful addition enables advisors to transition client portfolios from their current state to a targeted investment strategy, optimizing for specific tax budgets. The Tax Transition feature is designed to automate and optimize the structuring […]

Rapyd Expands Global Partner Programme to Power Revenue Growth for High-Opportunity Referral Partners, ISOs, and PayFacs

The expanded Rapyd Payment Partner Programme delivers industry-specific tools and resources for navigating complex payment landscapes, optimising revenue, and driving growth in high-opportunity industries like eCommerce, online gaming, and financial services. LONDON–(BUSINESS WIRE)–Rapyd, the global fintech company, today announces the expansion of the Rapyd Payment Partner Programme, designed to supercharge revenue growth and collaboration for […]

SMArtX Advisory Solutions Expands Manager Marketplace With 12 New Strategies From Seven Leading Asset Management Firms

Clinton Investment Management, Macquarie, Pictet Asset Management, Rockefeller Asset Management, and Verity Investment Management Join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, has announced the addition of 12 new strategies from seven leading asset management firms to its Manager Marketplace. SMArtX’s continuously growing platform […]

Kestra Financial Empowers Advisors with Enhanced Alternative Investment Offerings Through iCapital®

The Austin-based firm aims to provide improved experience through the expanded partnership AUSTIN, Texas–(BUSINESS WIRE)–Kestra Financial, a leading wealth management platform, today announced the improvement of its alternative investment offerings through an expansion of its strategic partnership with iCapital1, the global fintech platform powering the world’s alternative investment marketplace. This collaboration will deliver greater value […]

Payoneer Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants; Issues Notice of Redemption for Outstanding Warrants

NEW YORK–(BUSINESS WIRE)–Payoneer Global Inc. (“Payoneer” or the “Company”) (Nasdaq: PAYO) today announced the expiration of its offer to purchase (the “Offer”) all of its outstanding Warrants (as defined below) at a purchase price of $0.78 per Warrant in cash, without interest. Completion of the Offer, when combined with the contemplated redemption of untendered Warrants […]

Wescom Credit Union Opens Knott’s Berry Farm Branch, Bringing Convenient & Tech-Forward Banking to Southern California’s Original Theme Park

PASADENA, Calif.–(BUSINESS WIRE)–Wescom, one of the largest community credit unions in California, has officially opened its Knott’s Berry Farm Branch, conveniently located in Knott’s California Marketplace, just steps away from the main gate of the theme park in Buena Park. “Last year we announced our strategic partnership with Knott’s as their Official Banking Partner and […]

FIS Announces 2024 Cohort for Fintech Accelerator Program, Now in its Ninth Year

Key facts Now in its ninth year, the FIS Accelerator Program supports fintech startups by helping them refine their product strategy and scaling their businesses during a 12-week intensive program. This year’s cohort includes nine innovative fintech companies seeking to disrupt and enhance various facets of the financial services industry. Through this program, cohort members […]

Toast Restaurant Trends Report: The Cost of Going Out to Lunch

The Q2 2024 Restaurant Trends report examines popular lunch food trends, quick-service restaurant transactions in 20 U.S. cities, restaurant employee wages, and tipping data. BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced its Q2 2024 Restaurant Trends Report, providing insight into the overall state of the U.S. restaurant industry through […]

Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats

New tools deliver real-time fraud detection for fintechs, banks and businesses and maintain frictionless account experiences for customers SALT LAKE CITY–(BUSINESS WIRE)–#Fintech—Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant […]

Kreshmore Group Advises IFE Products on its Sale to INOA Capital

LEMONT, Ill.–(BUSINESS WIRE)–#LED–Kreshmore Group (KG), a leading mergers and acquisitions advisory firm, is pleased to announce its role as exclusive sell-side advisor to Video Refurbishing Services, Inc. and InFlight Entertainment Products (IFE) in its acquisition by INOA Capital (INOA). The transaction was led by Kreshmore’s Anthony Lazzara. About IFE: Located in Carpentersville, Illinois, IFE is […]

Survey: Limited Partners Report Confidence in ALTS, Interest in AI and Edge Computing, and Concern for Economy

The Third Annual LP Frontline Insight Report Explores Asset Allocator Strategy and Sentiment for Next 12 Months BOSTON–(BUSINESS WIRE)–#2025FinTechTrends–A global survey of Limited Partners (LPs) and asset allocators, now in its third year, identified several noteworthy trends and strategy adjustments among the participants. Considered as a whole, the findings underscored the desire of LPs to […]

Accenture Invests in EMTECH to Modernize Central Bank Operations

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) announced that it has invested in EMTECH, a global financial technology company that provides software-as-a-service platforms to help central banks streamline, connect and modernize their processes and operations. This investment, made through Accenture Ventures, will support EMTECH in its efforts to transform central banks’ financial and technology infrastructure and make […]

Better.com Announces Launch of FHA Streamline Refinance Product

Better Mortgage offers FHA Streamline Refinancing with no income verification or appraisal requirements for faster processing NEW YORK–(BUSINESS WIRE)–Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of its FHA Streamline Refinance program. This fully digital refinance option is designed to streamline the process for qualified […]

NCR Atleos Ranks #6 in IDC Fintech Rankings

ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has ranked #6 overall and the largest ATM company in the 2024 IDC FinTech Rankings Top 100. The IDC Fintech Rankings list features the technology companies from around the globe that […]

Fintech Platform Haven Launches Haven Wallet to Eliminate Loan Complexity and Strengthen Relationship between Mortgage Originators and Borrowers

From origination to payoff, loan servicing and financial monitoring can be accessed via a single-login experience for increased control and visibility NEW YORK–(BUSINESS WIRE)–Haven, a fintech servicing technology platform, today introduced Haven Wallet, the latest addition to the company’s product suite that unlocks value for the mortgage industry and to date has generated a 2x […]

MarketAxess Announces Expanded Partnership with BlackRock to Deliver Enhanced Connectivity and Efficiency to Global Credit Markets

NEW YORK–(BUSINESS WIRE)–MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced an expansion of its decade-long partnership with BlackRock to seamlessly integrate MarketAxess credit trading protocols, pricing and data into BlackRock’s Aladdin® order execution management system (OEMS). This announcement builds on the MarketAxess and BlackRock partnership […]

Rapid Finance Announces Integration With Q2’s Digital Banking Platform to Provide Small Business Lending Solutions

Q2 digital banking customers can now offer Rapid Finance’s financing solutions to their small business customers through the Q2 Partner Marketplace BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a leading small business financing platform specializing in providing customized solutions, today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, […]

SoFi and Los Angeles Chargers Quarterback Justin Herbert Tackle Rising Costs of Youth Sports with Game Changers Challenge

Latest Campaign in SoFi Generational Wealth Fund to Fund Nationwide Challenge Supporting Public High School Sports Programs SAN FRANCISCO–(BUSINESS WIRE)–SoFi (NASDAQ: SOFI), the one-stop shop for digital personal financial services, and Los Angeles Chargers Quarterback Justin Herbert today launched the Game Changers Challenge, a national campaign to provide funding for public high school sports programs […]

MYbank Launches AI-Enabled System for SME Money Management at Shanghai’s INCLUSION Conference

SHANGHAI–(BUSINESS WIRE)–MYbank, a leading digital bank in China and an associate of Ant Group, today introduced its AI-enabled system (Cuckoo System) for small and micro-sized enterprise (SME) money management at the 2024 INCLUSION·Conference on the Bund. The system forecasts the cash flow of SMEs across various industries, assisting bank-affiliated investment management companies in more effectively […]

D.A. Davidson Announces The Herd 2024 Featuring the Top 100 Privately-Held Software Companies Globally

NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. today released its fifth annual The Herd report featuring the top 100 privately-held software companies globally, largely falling within D.A. Davidson’s core areas of software expertise: application and vertical software and infrastructure and security software. These private companies have shown a strong track record of innovation and were selected […]

American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information

  NEW YORK–(BUSINESS WIRE)–American Express (NYSE: AXP) and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants. The feature rolled out as a limited pilot for select American Express customers to enable them to seamlessly add their payment information for some […]

Lithic Expands into Canada offering Multicurrency Processing Capabilities

NEW YORK–(BUSINESS WIRE)–Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative […]

ASA and Sharetec Partner to Transform Credit Union, Fintech Collaboration

First-ever embedded app store securely and seamlessly brings latest fintech tools to members PROVO, Utah–(BUSINESS WIRE)–ASA, an embedded App Store as a Service provider, today announced a long-term strategic partnership with Sharetec, a web-based core processing platform for credit unions. Sharetec will be the first to integrate ASA’s embedded app store, ASA Vault, into its […]

TreviPay Crossroads Announces Community Partnership with WeCode KC

Global fintech industry conference joins forces with tech-focused nonprofit to share the mission of giving youth an opportunity to learn technology concepts and leadership skills needed for a future in STEM careers OVERLAND PARK, Kan.–(BUSINESS WIRE)–#B2B—TreviPay Crossroads, the inaugural two-day B2B payments conference, announces its partnership with Kansas City-based WeCode KC. The conference, which is […]

Indus Valley Partners Acquires IntegriDATA

NEW YORK & NOIDA, India–(BUSINESS WIRE)–Indus Valley Partners (“IVP”), a premier global provider of software and technology solutions to the world’s most sophisticated investment managers backed by PPC Enterprises (“PPC”), a specialist middle-market private equity firm and minority investor in IVP, announced today that it has agreed to acquire IntegriDATA, a leader in alternative investment […]

Bridgeforce and Provana Forge Strategic Alliance to Enhance Compliance and Operational Performance in Financial Services

CHADDS FORD, Pa. & LISLE, Ill.–(BUSINESS WIRE)–#bridgeforce–Bridgeforce, a premier financial services consultancy specializing in regulatory compliance, operational improvements and technology transformations has teamed up with Provana, a leader in knowledge process management. Together, they will deliver innovative compliance and operational performance solutions, providing unparalleled clarity, control, and confidence to clients in the financial services industry. […]

CORRECTING and REPLACING Bregal Sagemount Announces Final Close for Credit Solutions Fund

NEW YORK–(BUSINESS WIRE)–First paragraph, second sentence of release should read: The Fund closed on nearly $800 million of equity capital commitments that will be allocated across an opportunistic credit series and a direct lending series. The updated release reads: BREGAL SAGEMOUNT ANNOUNCES FINAL CLOSE FOR CREDIT SOLUTIONS FUND Bregal Sagemount (“Sagemount”), a leading growth-focused private […]

TradePMR Earns Top Integration Score Among Custodial Platforms

Ezra Group’s WealthTech Integration Score gives custodial platform an “Excellent” rating with a score of 7.86 out of 10 GAINESVILLE, Fla. & TAMPA, Fla.–(BUSINESS WIRE)–#FinancialAdvisors—TradePMR, a technology and custodial services provider for registered investment advisors (“RIAs”), today announced that it has achieved the highest score among custodial platforms on Ezra Group’s WealthTech Integration Score, which […]

PortX Joins AppMarket From Fiserv to Simplify Fintech Integrations and Accelerate Time to Market for Financial Institutions

SEATTLE–(BUSINESS WIRE)–#banking–PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announces the launch of Fintech Hub on AppMarket from Fiserv. PortX is on AppMarket from Fiserv. Fintech Hub is now available as a pre-integrated app on AppMarket, a […]

Nova Credit and Akoya Announce Partnership to Enable Access to Cash Flow and Income Analytics

NEW YORK–(BUSINESS WIRE)–Nova Credit, the credit infrastructure and analytics company, and Akoya, the 100% API-connected data access network, announced today a partnership to help lenders deploy cash flow and income analytics to improve credit decisioning. Through the partnership, Akoya’s industry-leading bank data connectivity can be used to access and verify customers’ cash flow and income […]

Azul Intelligence Cloud Wins a Gold Stevie Award for DevOps Solution in the 2024 International Business Awards

Intelligence Cloud earns top honors for advancing DevOps efficiency and boosting developer productivity SUNNYVALE, Calif.–(BUSINESS WIRE)–Azul, the only company 100% focused on Java, today announced that Azul Intelligence Cloud is a Gold Stevie Award winner in the DevOps Solution category in the 21st annual International Business Awards. Azul Intelligence Cloud is a cloud analytics solution […]

Intuit Accelerates Development Velocity with Major Enhancements to Proprietary Generative AI Operating System (GenOS)

Company simplifies, streamlines end-to-end app development with new GenOS AI Workbench and GenStudio, GenRuntime, GenUX tools MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced major enhancements to its proprietary Generative AI Operating System (GenOS) that’s accelerating development velocity at scale across […]

WaveCX Brings AI-Driven Generative Search Capabilities to Community Financial Institutions Through New Curator Tool

OMAHA, Neb.–(BUSINESS WIRE)–WaveCX, provider of personalized, digital product engagement solutions for financial institutions, today announced the launch of Curator, an AI-driven generative search tool designed to bring clarity to complex banking documentation. Going beyond basic search functionality, Curator was created to meet the growing demand for a robust search solution capable of navigating extensive content […]

Bankjoy & Panacea Financial Named Finalists in 2024 Finovate Awards for “Best Fintech Partnership”

DETROIT–(BUSINESS WIRE)–Bankjoy, a leading digital banking provider has been honored as a 2024 Finovate Awards finalist, alongside Panacea Financial, a nationwide digital neobank providing banking services designed to meet the unique needs of healthcare professionals. The Finovate Awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life. Panacea Financial […]

WiSA Technologies Executes $210 Million Definitive Agreement to Purchase Assets, Including High-Performance Computing (HPC) Software and Acoustic Technologies IP, from Data Vault Holdings Inc.

– Creates licensing and technology company with extensive patent portfolio serving multiple industry and government entities in bioengineering, energy, education, finance & fintech, healthcare, sports entertainment, consumer, restaurants, automotive, and more – – $210 million consists of 40 million shares of common stock to be issued at $5 per share plus $10 million 3-year Note […]

Western Circle Launches New Cashback Program to Reward Loyal Customers

LONDON–(BUSINESS WIRE)–#ai–Western Circle is thrilled to announce the launch of a new cashback program through its flagship brand, Cashfloat. This groundbreaking initiative is designed to reward loyal customers who demonstrate responsible repayment habits. The program reflects Western Circle’s commitment to enhancing customer value and promoting responsible borrowing practices within the financial assistance sector. Introducing Cashfloat’s […]

Pidgin’s Publishes New Whitepaper that Explores Digital Wallet Adoption & Implications for Financial Institutions

Pidgin’s latest whitepaper delves into consumer behavior regarding digital wallet usage and what it means for financial institutions’ payment strategies ATLANTA–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments, published its newest whitepaper, “A2A Consumer Behaviors: How FIs Can Capture Digital Wallet Market Share.” This free resource, which is available for […]

Timberland Bank Selects Spiral to Boost Growth and Community Impact Through Everyday Banking

Timberland Bank adds Spiral to allow customers to grow their savings effortlessly and support charitable causes through everyday purchases and their digital banking accounts. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with Timberland Bank, a top-performing bank nationwide known for community giving. The partnership with Spiral will enable Timberland Bank […]

Five Fintechs Live in ASA’s Embedded App Store

Fintechs join ASA to gain a quicker, more seamless path to market and customer acquisition PROVO, Utah–(BUSINESS WIRE)–ASA, an embedded App Store as a Service provider, today announced that five fintechs are now fully integrated and live in its app, ASA Vault. This new model provides fintechs an easier, quicker path to market and customer […]

ICE Launches New Suite of Indices for Australian Residential Mortgage-Backed Securities Market

ATLANTA, NEW YORK, & SYDNEY–(BUSINESS WIRE)–Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today announced the launch of a suite of indices for the Australian residential mortgage-backed securities (RMBS) market. These indices, which are administered by ICE Data Indices, LLC, are accessible in ICE’s Custom Index Tool, which provides a variety […]

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