Business Wire

Prelim Supports Treasury Origination and Management Services Through its No-Code/Low-Code Platform thumbnail

Prelim Supports Treasury Origination and Management Services Through its No-Code/Low-Code Platform

SAN FRANCISCO–(BUSINESS WIRE)–With business owners seeking better banking experiences and resources to manage their financial assets and holdings, Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, announced its easy-to-use, no-code/low-code platform includes enhanced capabilities to support treasury origination and management services. In today’s digital-first world, banks and credit unions must integrate […]

RIMES Technologies Achieves Carbon Neutrality

RIMES Technologies Achieves Carbon Neutrality

RIMES is carbon negative as of 2021; a key pillar of its ESG strategy LONDON–(BUSINESS WIRE)–#carbonneutral–RIMES Technologies, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, today announces that it has been certified as Carbon Neutral Plus by Carbon Footprint, an organization that helps corporates and individuals reduce their carbon […]

Velocity Solutions Announces CIBC Bank USA Has Selected the Akouba Digital Lending Platform thumbnail

Velocity Solutions Announces CIBC Bank USA Has Selected the Akouba Digital Lending Platform

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Akouba—Velocity Solutions, LLC announced that CIBC Bank USA will use Velocity’s digital lending platform to support its small business banking division. Akouba’s secure cloud-based SaaS platform reduces the cost and time and risk of originating loans, while increasing the profitability of each loan. Financial institutions retain control over the decision, the pricing, […]

Silverfort CTO to Present Session on Identity-Based Lateral Movement Attack Detection and Mitigation at Identiverse 2021 thumbnail

Silverfort CTO to Present Session on Identity-Based Lateral Movement Attack Detection and Mitigation at Identiverse 2021

Yaron Kassner to Discuss How AI and Machine Learning Can be Used To Detect and Block Identity-Based Lateral Movement Attacks In Real time BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#IAM—Silverfort, the unified identity protection company, today announced that CTO Yaron Kassner will present a session that will explain how compromised identities are used in lateral movement […]

Trux and REIN Team Up to Offer Dump Truck Drivers Integrated Access to Insurance thumbnail

Trux and REIN Team Up to Offer Dump Truck Drivers Integrated Access to Insurance

Collaboration Helps Haulers Easily Renew Insurance and Access Premium Discounts With Potential Savings of Up to 18%* FRAMINGHAM, Mass.–(BUSINESS WIRE)–Trux™, the only heavy construction logistics platform that connects trucking companies, contractors, brokers, and material producers to the nation’s largest dump truck marketplace, announced today a collaboration with Boston-based REIN. REIN offers a revolutionary embedded insurance […]

eMaxx launches Alternative Energy Warranty Products through variable cost captive solution thumbnail

eMaxx launches Alternative Energy Warranty Products through variable cost captive solution

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, a tech-enabled specialty provider of commercial property and casualty insurance programs, now offers the ability to provide its highly successful alternative energy warranty products through a variable cost captive solution. The suite of warranty programs provide support to manufacturers, developers and owners for renewable, alternative and energy efficiency projects by providing an […]

Lively Surpasses Half a Billion in Assets thumbnail

Lively Surpasses Half a Billion in Assets

Coupled with the IRS Non-Bank-Trustee (NBT) designation, Lively has solidified its position in the HSA market and secured customer trust. SAN FRANCISCO–(BUSINESS WIRE)–#HSA—Lively, Inc., creators of the modern health savings account (HSA), today announces it has exceeded $500 million in HSA assets. The milestone cements its position as the fastest-growing HSA provider and reaffirms its […]

QED Investors Hires Former J.P. Morgan Managing Director to Expand Growth-Stage Investments thumbnail

QED Investors Hires Former J.P. Morgan Managing Director to Expand Growth-Stage Investments

ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global boutique venture capital firm focused on investing in disruptive financial services companies, announced today that it has hired Chuckie Reddy as a partner to focus on growth-stage investments. Chuckie joined QED Investors from J.P. Morgan where he spent 17 years, most recently as managing director and head of […]

White Clay Receives TAG FinTech ADVANCE Award for Offering Innovative Fintech Solution to Banking Industry thumbnail

White Clay Receives TAG FinTech ADVANCE Award for Offering Innovative Fintech Solution to Banking Industry

  LOUISVILLE, Ky.–(BUSINESS WIRE)–White Clay, a fintech company that provides a user-friendly experience to help bankers increase profitability, drive team performance and manage relationships, was named a 2021 ADVANCE Award winner by the Technology Association of Georgia (TAG) FinTech ADVANCE program, which recognizes innovative U.S. fintech companies with connections to Georgia. The ADVANCE Award is […]

HST Pathways Announces Merger with Clariti Health for Enhanced Patient Price Transparency Resources as Part of its End-to-End Premium Technology Solution thumbnail

HST Pathways Announces Merger with Clariti Health for Enhanced Patient Price Transparency Resources as Part of its End-to-End Premium Technology Solution

The merger combines HST Pathways’ best in class revenue cycle management tool with premium solutions to address ASC patient, provider, and administrative needs NASHVILLE, Tenn.–(BUSINESS WIRE)–HST Pathways announced this morning its merger with healthcare price transparency leader, Clariti Health. The integration of Clariti Health with HST Pathways will empower ambulatory surgery center (ASC) clients nationwide […]

InvoiceCloud Announces Strategic Partnership with Zensar thumbnail

InvoiceCloud Announces Strategic Partnership with Zensar

BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart solution for online bill payment services, announced that it has entered into a strategic partnership with Zensar, a leading digital solutions and technology services company. This partnership brings together the user-friendly SaaS platform of InvoiceCloud and Zensar’s global strategic consulting, enterprise delivery, and implementation services designed to create compelling value for […]

Cross River Launches Venture Capital Arm to Propel the Next Generation of Fintech Startups

Cross River Launches Venture Capital Arm to Propel the Next Generation of Fintech Startups

FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced Cross River Digital Ventures, its recently established venture capital arm. Cross River Digital Ventures seeks to invest in companies that sit at the intersection of lending, payments, investing and fintech, and are […]

BlackRock and iCapital Network® Expand Existing Partnership to Broaden Private Market Access to Wealth Managers Internationally thumbnail

BlackRock and iCapital Network® Expand Existing Partnership to Broaden Private Market Access to Wealth Managers Internationally

BlackRock will leverage iCapital’s technology and service solution to increase access to its private markets product range internationally, including European Long-Term Investment Funds (ELTIFs) in Europe Partnership driven by a shared ambition to enhance access to private markets, bringing the benefits of this asset class to more investors across EMEA, APAC and LATAM LONDON & […]

HighRadius Launches Highako Academy, The World’s First Microlearning and Community Platform for Order to Cash and Treasury Teams thumbnail

HighRadius Launches Highako Academy, The World’s First Microlearning and Community Platform for Order to Cash and Treasury Teams

More than 10,000 credit, collections and A/R professionals from 2800+ companies access 650+ videos in 200+ courses on the platform New ‘Highako Academy’ learning platform to be unveiled at the Credit SkillCon ‘21, led by 17 industry experts including Scott Blakeley, Wanda Borges, Bob Shultz, Jerry Bailey, Richard Macias, Jessica Butler and John Donovan Training […]

Fi911: Mentorship Program Launched to Elevate Women in the Rapidly Growing Fintech Industry thumbnail

Fi911: Mentorship Program Launched to Elevate Women in the Rapidly Growing Fintech Industry

Fi911’s LIFT: Elevating Women in Fintech offers accessible, free mentoring from influential leaders in the industry TAMPA BAY, Fla.–(BUSINESS WIRE)–Fi911, the sister company of Chargebacks911, has launched a new micro-mentorship program to empower female leadership across the thriving fintech and payments arena. LIFT: Elevating Women in Fintech aims to champion and enable more women to […]

Ecommerce Localization Specialist, Reach, Builds Unstoppable Momentum With New Senior Appointments and Canadian Office Move thumbnail

Ecommerce Localization Specialist, Reach, Builds Unstoppable Momentum With New Senior Appointments and Canadian Office Move

The leading Canadian fintech has welcomed new talent after impressive 50% year-on-year growth four years running CALGARY, Alberta–(BUSINESS WIRE)–Reach, the global payment localization provider, has announced the appointment of two members of senior management, with Sarah Hermary joining as Head of Human Resources, and Lohrasp Seify as Head of Data. The new hires will support […]

EMTECH CEO Carmelle Cadet Testifies Before U.S. House of Representatives on the Future of Blockchain and Central Bank Digital Currency

EMTECH CEO Carmelle Cadet Testifies Before U.S. House of Representatives on the Future of Blockchain and Central Bank Digital Currency

Cadet, a Leading Global Fintech Innovator, Provides Expertise on How the U.S. Can revolutionize its financial market infrastructure, with an inclusive, modern and resilient digital cash infrastructure for all NEW YORK–(BUSINESS WIRE)–#bitcoin—EMTECH, a first-of-its-kind fintech for central banks, announced today that Chief Executive Officer Carmelle Cadet has been selected to provide testimony about digitizing the […]

ČSOB Insurance Selects Earnix to Implement Personalized Consumer Products and Rates thumbnail

ČSOB Insurance Selects Earnix to Implement Personalized Consumer Products and Rates

BOSTON & LONDON–(BUSINESS WIRE)–#Earnix—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, has been selected by one of the largest banking and insurance institutions in the Czech Republic, ČSOB Group, to integrate Earnix’s analytical personalization system into its personal lines insurance offering. Driven by cutting-edge analytics, artificial intelligence […]

Next Generation Insurtech Disruptor Abacai Strengthens Senior Team With Key Leadership Hires thumbnail

Next Generation Insurtech Disruptor Abacai Strengthens Senior Team With Key Leadership Hires

Insurance industry heavyweights join Abacai CEO, Mark Wilson, at pivotal time for the industry Abacai’s integrated platform will provide a better insurance experience to customers powered by AI and contextual data technology Abacai intends to disrupt the industry on behalf of the customer LONDON–(BUSINESS WIRE)–Abacai Group (“Abacai” or “the Group”), the next generation insurtech disruptor, […]

Razer Announces the Ultimate AMD Gaming Laptop: The New Razer Blade 14 thumbnail

Razer Announces the Ultimate AMD Gaming Laptop: The New Razer Blade 14

The Razer Blade 14 returns as the world’s most powerful 14-inch gaming laptop – powered by the AMD Ryzen™ 9 5900HX, and running the fastest 14-inch gaming displays, all in the most compact 14-inch gaming chassis. IRVINE, Calif.–(BUSINESS WIRE)–#AMD–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced during their […]

Origami Risk Offers Free Healthcare Risk Technology Buyers Guide thumbnail

Origami Risk Offers Free Healthcare Risk Technology Buyers Guide

New Generation of Systems Helps Healthcare Professionals Overcome Silos, Improve Risk Management, Patient Safety, Quality, Compliance and Results CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has developed a free comprehensive guide for healthcare executives evaluating risk management information systems (RMIS). “A healthcare RMIS should help drive […]

SRAX Releases the 1x1 Meeting Feature on the Sequire Virtual Events Platform thumbnail

SRAX Releases the 1×1 Meeting Feature on the Sequire Virtual Events Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SRAX–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 its 1×1 Meeting Feature in the Sequire Virtual Events Platform. This new addition will allow companies to connect with existing and potential shareholders on an […]

HiFiBiO Therapeutics Closes $75 Million Series D Financing to Accelerate Pipeline With Two Lead Immuno-Oncology Programs and Validate Its DIS™ Approach in the Clinic thumbnail

HiFiBiO Therapeutics Closes $75 Million Series D Financing to Accelerate Pipeline With Two Lead Immuno-Oncology Programs and Validate Its DIS™ Approach in the Clinic

Latest funding led by Mirae Asset Financial Group and joined by B Capital Group, Sherpa, and other new investors together with existing investors such as IDG and Sequoia CAMBRIDGE, Mass. & HONG KONG & HANGZHOU, China & SHANGHAI & PARIS–(BUSINESS WIRE)–#Immunotherapy—HiFiBiO Therapeutics, a multinational biotechnology company with unique expertise in immune modulation and drug intelligent […]

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts thumbnail

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts

Total Open Interest +10% y/y 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 of 85.8 million contracts on June 10, 2021. The record depth of liquidity across ICE’s markets is being driven by products including: ICE Low Sulphur […]

BMO Harris Bank Selects FIS for Modernization of Core and Digital Banking Platforms thumbnail

BMO Harris Bank Selects FIS for Modernization of Core and Digital Banking Platforms

Key facts Technology modernization provides BMO with greater agility to make banking more convenient for customers, support its continued growth in the U.S. market, bring new products to market more quickly, and increase operational efficiencies. Expanded agreement with FIS will enable BMO customers to enjoy mobile-first deposit and checking accounts and leading digital solutions across […]

Bank of America Opens First Financial Centers in Kentucky thumbnail

Bank of America Opens First Financial Centers in Kentucky

Expansion Further Demonstrates High-Tech, High-Touch Approach to Client Service LEXINGTON, Ky.–(BUSINESS WIRE)–Bank of America today announced it has opened its first financial centers in Kentucky. The opening of three centers in Lexington brings retail banking, lending and small business services to local clients, along with investing and personalized financial guidance from Merrill. In addition to […]

BlackRock Real Assets Achieves a US$1.67 Billion Final Fundraise for Inaugural Global Infrastructure Debt Strategy thumbnail

BlackRock Real Assets Achieves a US$1.67 Billion Final Fundraise for Inaugural Global Infrastructure Debt Strategy

Global Infrastructure Debt Fund is the largest first-vintage high yield infrastructure debt fund, tripling initial target Positions BlackRock Real Assets as leading global infrastructure manager with investment capabilities across the capital structure 1 NEW YORK–(BUSINESS WIRE)–BlackRock Real Assets has achieved a US$1.67 billion final fundraise for the Global Infrastructure Debt Fund (“GID” or the “fund”), […]

iCapital Network® Announces Brand Ambassador Sponsorship with Golf’s Rising Star Will Zalatoris thumbnail

iCapital Network® Announces Brand Ambassador Sponsorship with Golf’s Rising Star Will Zalatoris

Zalatoris will debut iCapital logo at the U.S. Open this week NEW YORK–(BUSINESS WIRE)–#alternatives—iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced a 3-year brand ambassador partnership with Professional Golfer Will Zalatoris, currently ranked 29th in the Official World Golf […]

MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q2/2021 thumbnail

MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q2/2021

FRANKFURT, Germany–(BUSINESS WIRE)–MV Index Solutions GmbH (MVIS®) today announced the results of the quarterly and semi-annual MVIS index review. The following table shows a summary of the review results for selected indices, which are licensed to underlie financial products. All review results and more details can be found on www.mvis-indices.com. The following changes will be […]

FIDO Alliance Announces the FIDO Developer Challenge

FIDO Alliance Announces the FIDO Developer Challenge

First Global Program Invites Teams to Leverage Public FIDO2 WebAuthn API to Showcase Unique FIDO Authentication Ideas – Entry Deadline July 2, 2021 MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–The FIDO Alliance today announced the first global FIDO Developer Challenge. Building on the success of the FIDO Hackathon in Korea over the last few years, FIDO is globally […]

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose thumbnail

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

PLEASANTON,Calif. & TORRANCE, Calif.–(BUSINESS WIRE)–ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc. The eVault technology will be integrated into ICE’s […]

indie Semiconductor and Thunder Bridge Acquisition II, Ltd. Announce Closing of Business Combination thumbnail

indie Semiconductor and Thunder Bridge Acquisition II, Ltd. Announce Closing of Business Combination

indie To Begin Trading on Nasdaq June 11, 2021 as “INDI” ALISO VIEJO, Calif. & GREAT FALLS, Va.–(BUSINESS WIRE)–indie Semiconductor, an Autotech solutions innovator, and Thunder Bridge Acquisition II, Ltd. (Nasdaq: THBR), a special purpose acquisition company, today announced the completion of their previously announced business combination. The combined company will retain the indie Semiconductor […]

Tavant, LoanBeam Partner to Enhance Digital Mortgage Experience with Automated Income Calculation thumbnail

Tavant, LoanBeam Partner to Enhance Digital Mortgage Experience with Automated Income Calculation

–Real-time income calculation improves complex underwriting, reduces risk SANTA CLARA, Calif.–(BUSINESS WIRE)–#automation—Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced a strategic partnership with LoanBeam, a mortgage technology leader that specializes in data extraction and income calculation, to further enhance the digital mortgage experience with automated borrower income calculation. LoanBeam’s APPSolute™ suite […]

Clip Becomes Mexico's Fintech Unicorn thumbnail

Clip Becomes Mexico’s Fintech Unicorn

Raises U.S. $250 Million Investment Round to Democratize Payments and Grow Platform Ecosystem MEXICO CITY–(BUSINESS WIRE)–Clip, Mexico’s leading digital payments and commerce platform, today announced it has received a U.S. $250 million capital investment led by the SoftBank Latin America Fund and Viking Global Investors LP. The investment is the largest ever for a payments […]

BlackRock Debuts Cloud Computing and 5G Multisector ETF (IDAT) thumbnail

BlackRock Debuts Cloud Computing and 5G Multisector ETF (IDAT)

NEW YORK–(BUSINESS WIRE)–As digital connectivity expands across the globe and transforms the way society interacts with technology, today BlackRock announces the launch of the iShares Cloud and 5G Multisector ETF (NYSE: IDAT). IDAT seeks to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity Index. Morningstar’s forward-looking index uses fundamental Morningstar research […]

BofA Expands Its Digital B2C Payment Offerings with Pay to Card thumbnail

BofA Expands Its Digital B2C Payment Offerings with Pay to Card

Solution Supports U.S. and Cross-Border Transactions via Bank Cards NEW YORK–(BUSINESS WIRE)–Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers quickly and digitally by depositing funds directly into an individual’s or small business’ bank […]

With Digital Transformation Gaining Traction Within Financial Services, Xtensifi Plays Pivotal Role in Connecting Fintechs and FIs thumbnail

With Digital Transformation Gaining Traction Within Financial Services, Xtensifi Plays Pivotal Role in Connecting Fintechs and FIs

ATLANTA–(BUSINESS WIRE)–As digital transformation within consumer and business banking continues to accelerate, Xtensifi, a digital consulting and development firm that enables fintech organizations, banks and credit unions to create and execute their mobile and online strategies, continues to grow and is now actively managing projects with more than a half dozen different fintech firms and […]

QuickFee Appoints Eric Lookhoff as Chief Executive Officer thumbnail

QuickFee Appoints Eric Lookhoff as Chief Executive Officer

Lookhoff to drive growth, product development, and expansion into new markets LOS ANGELES–(BUSINESS WIRE)–#CEO–Financial technology company, QuickFee Limited (ASX:QFE) (https://www.quickfee.com), announces the promotion of Eric Lookhoff to Chief Executive Officer to take effect on July 1, 2021, when he will also join the QuickFee Board as an Executive Director. Lookhoff joined QuickFee in February 2021 […]

Socure Reports Explosive Growth of 113% Year-Over-Year and Emerges as the Industry Leader in Digital Identity Verification and Trust thumbnail

Socure Reports Explosive Growth of 113% Year-Over-Year and Emerges as the Industry Leader in Digital Identity Verification and Trust

Socure has become essential for companies seeking a competitive edge in customer acquisition by enabling them to say yes to every good consumer instantly while reducing risk online NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading platform for digital identity trust, today announced 113% year-over-year growth, further cementing Socure’s critical position as the emerging leader in the industry. […]

Origin Launches Equity Manager to Demystify the Ins and Outs of Employee Equity Compensation thumbnail

Origin Launches Equity Manager to Demystify the Ins and Outs of Employee Equity Compensation

Financial wellness benefits provider expands platform to provide holistic view of employee total rewards SAN FRANCISCO–(BUSINESS WIRE)–With a flurry of skyrocketing valuations, huge IPOs and SPACs in recent months, equity compensation can make up the majority of an employee’s total compensation. However, if employees don’t understand how equity works, they are leaving a significant amount […]

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