Business Wire

OpenLegacy's Digitally-Driven Integration Platform Delivers 353% ROI According to New Total Economic Impact Study thumbnail

OpenLegacy’s Digitally-Driven Integration Platform Delivers 353% ROI According to New Total Economic Impact Study

Study demonstrates the power of the OpenLegacy platform in driving significant benefits in cost of innovation and time-to-market PRINCETON, N.J.–(BUSINESS WIRE)–#fintech—OpenLegacy, which transforms monolithic mainframe systems into cloud-native building blocks of innovation, today announced findings from a newly published commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study determined that OpenLegacy’s Digital […]

WEX Signs New Fleet Card Agreement with the State of Minnesota thumbnail

WEX Signs New Fleet Card Agreement with the State of Minnesota

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced it has been awarded and entered into the state-wide fleet card contract with the State of Minnesota through the NASPO ValuePoint Master Agreement. WEX is proud to expand its extensive government contract portfolio and continue working with state-wide fleets. NASPO ValuePoint is […]

Red House B2B Marketing Celebrates 20th Anniversary thumbnail

Red House B2B Marketing Celebrates 20th Anniversary

ATLANTA–(BUSINESS WIRE)–#abm–Red House, an award-winning B2B marketing firm, is celebrating its 20th anniversary—or as clients might say, 20 years of results. Red House opened on March 1, 2001 in downtown Alpharetta, central to the B2B corporations that were situated along the area’s fiber optic infrastructure. After a couple of substantial account wins, the agency began […]

Fiserv and GalaxE.Solutions Bring Additional Tech Jobs, Training to Milwaukee thumbnail

Fiserv and GalaxE.Solutions Bring Additional Tech Jobs, Training to Milwaukee

City’s underserved communities will benefit from expansion of workforce and community development via “Outsource to Milwaukee” MILWAUKEE–(BUSINESS WIRE)–#EthnicallyDiverse—Fiserv, a leading global provider of payments and financial services technology solutions based in Brookfield, Wis., and GalaxE.Solutions, a transformational technology services company, are collaborating to create local job opportunities through the GalaxE “Outsource to Milwaukee®” program. The […]

IRI and Banyan Partner to Unlock New Opportunities for Retailers and Consumers thumbnail

IRI and Banyan Partner to Unlock New Opportunities for Retailers and Consumers

Retailers obtain deeper understanding of their consumers and realize alternative revenue streams Consumers gain insight into spending history, enabling more-informed decision-making, and benefit from enhanced shopping experiences Partnership creates opportunity for $1.6 trillion in annual sales coverage to Banyan’s privacy-by-design data network CHICAGO & NEW YORK–(BUSINESS WIRE)–IRI®, a fast-growing, global leader in innovative solutions and […]

i2c Certifies on Mexico’s Prosa Payments Network thumbnail

i2c Certifies on Mexico’s Prosa Payments Network

Addition of i2c signals company’s growth in region and provides greater market choice in issuing and processing American Express, Mastercard and Visa programs REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its certification with Mexican payments network, Prosa, providing local banks and fintechs greater choice in issuing […]

Mambu & Modyo Sign Partnership Agreement thumbnail

Mambu & Modyo Sign Partnership Agreement

Companies will work to accelerate digital transformation in Financial Institutions using Mambu’s Composable Banking Cloud and Modyo’s Next-Gen Digital Experience Platform MIAMI & AMSTERDAM–(BUSINESS WIRE)–It gives us great pleasure to announce today that Mambu and Modyo have signed a partnership agreement whereby Modyo will connect its core DXP to Mambu’s composable banking cloud platform. Modyo […]

SIMON Welcomes AIG Life & Retirement to Annuities Platform thumbnail

SIMON Welcomes AIG Life & Retirement to Annuities Platform

Financial professionals can run powerful allocation analytics on AIG annuities in SIMON’s centralized Marketplace NEW YORK–(BUSINESS WIRE)–#annuities—SIMON Annuities and Insurance Services LLC (SIMON) today welcomes AIG Life & Retirement as the most recent carrier to join SIMON’s centralized Marketplace and premier platform for wealth managers. AIG Life & Retirement will have a broad selection of […]

William Blair Expands Investment Banking Footprint to Denver With Addition of Managing Director thumbnail

William Blair Expands Investment Banking Footprint to Denver With Addition of Managing Director

DENVER & CHICAGO–(BUSINESS WIRE)–William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced the addition of Michael Nelson as managing director in the firm’s growing Technology investment banking team. Drawing on his deep fintech sector expertise and industry relationships, Nelson will play a pivotal role in […]

QED Investors Closes $1.05 Billion Fund VII thumbnail

QED Investors Closes $1.05 Billion Fund VII

Oversubscribed Fund VII will Invest in Early and Growth-Stage Fintech Businesses ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global fintech venture capital firm, announced that it closed a significantly oversubscribed seventh fund (“Fund VII”), with capital commitments of $1.05 billion. Fund VII is comprised of a $550 million early stage fund and a $500 million growth-stage […]

UNest Integrates PayPal to Simplify How Parents Fund Kids’ Savings and Investment Accounts thumbnail

UNest Integrates PayPal to Simplify How Parents Fund Kids’ Savings and Investment Accounts

— Marks one of the first-ever integrations of digital wallets into UTMAs/custodial accounts — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, the money app that allows parents to invest and save for their kids’ future, today announced an integration with PayPal. The collaboration will make it significantly easier for UNest members to fund their children’s investment and savings […]

Polygon Lists TORG on Their Cross-chain Bridge thumbnail

Polygon Lists TORG on Their Cross-chain Bridge

The utility-focused cryptocurrency TORG pursues a platform independent direction for global reach DUBAI, United Arab Emirates–(BUSINESS WIRE)–#CoinPayments–TORG today announced a cross-chain bridge to Polygon – formerly Matic, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform. Initially launched on the Ethereum (ERC20) platform, TORG has become a multichain cryptocurrency, allowing its users […]

Xendit Secures $150 Million Series C to Build Out Digital Payment Infrastructure Across Southeast Asia thumbnail

Xendit Secures $150 Million Series C to Build Out Digital Payment Infrastructure Across Southeast Asia

After a Year of Record Growth – and With Capital Infusion from Tiger Global Management, Accel, Amasia, and Goat Capital – Xendit Achieves Unicorn Status. JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing payments infrastructure for Southeast Asia, today announced a $150 million Series C that elevated the company to a short list of Southeast Asia unicorns. […]

Snowflake Launches the Financial Services Data Cloud to Accelerate Customer-Centric and Data-Driven Innovation in the Financial Services Industry thumbnail

Snowflake Launches the Financial Services Data Cloud to Accelerate Customer-Centric and Data-Driven Innovation in the Financial Services Industry

Financial Services Data Cloud enables businesses to build disruptive, customer-centric products and create new revenue streams while enabling compliance with the highest standards of security and governance Snowflake’s product revenue from customers in the financial services industry grew more than 100% YoY* Approximately 57% of Financial Services firms in the Fortune 500 are using Snowflake** […]

Discover Named Title Sponsor of NHL Winter Classic® thumbnail

Discover Named Title Sponsor of NHL Winter Classic®

2022 Discover NHL Winter Classic® Will Feature St. Louis Blues at Minnesota Wild from Target Field, Saturday, January 1, Exclusively on TNT Multi-Faceted Partnership Includes Brand Integrations Surrounding the Discover NHL Winter Classic®, Second Intermission Report Sponsorship during Turner Sports’ Inaugural Season of NHL Coverage & Additional Content Elements throughout the Season ATLANTA & NEW […]

Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st® Insurance as Foundational Platforms for Fueling Insight-Driven Underwriting thumbnail

Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st® Insurance as Foundational Platforms for Fueling Insight-Driven Underwriting

Majesco Billing for P&C was implemented in 9 weeks for wholesale billing MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco […]

Outseer Protects $100 Billion in Payment Transactions Year-to-Date via 3-D Secure thumbnail

Outseer Protects $100 Billion in Payment Transactions Year-to-Date via 3-D Secure

New Outseer™ Fraud & Payments Report confirms 44% jump in 3-D Secure volume fueled by Card-not-Present explosion and imminent PSD2 mandate BEDFORD, Mass.–(BUSINESS WIRE)–#CNP–Outseer, the leader in payment authentication and monitoring solutions, has published its third quarter Fraud & Payments Report, confirming that a massive $100 billion in transactions in 2021 alone have been protected […]

Peach Finance Secures $20 Million in Series A Funding Led by Canapi Ventures thumbnail

Peach Finance Secures $20 Million in Series A Funding Led by Canapi Ventures

Funding to Accelerate New Credit Product Launches, Customer-focused Initiatives and Recruitment & Hiring Follows Rapid Customer Growth Since Inaugural Product Launch OAKLAND, Calif.–(BUSINESS WIRE)–Peach Finance (“Peach”), a modern SaaS-based loan servicing platform, today announced that it has raised $20 million in Series A funding. Canapi Ventures led the round with participation from existing and new […]

Fortuna Credit Launches New Multi-Lender Platform and Transforms the Lending Experience for Non-Prime Consumers and Lenders thumbnail

Fortuna Credit Launches New Multi-Lender Platform and Transforms the Lending Experience for Non-Prime Consumers and Lenders

SPARTANBURG, S.C.–(BUSINESS WIRE)–#fortunacredit–Every person is the architect of their own fortune. Fortuna Credit today announces the launch of a new platform that will transform the online lending marketplace and empower non-prime consumers to take control of their financial health. Operating online in all 50 states, Fortuna Credit is a multi-lender marketplace connecting consumers to financial […]

Grow Credit Secures $106 Million to Offer Banks, Apps, Websites, and Employers a Platform to Help Consumers Build Credit and Save on Subscription Payments thumbnail

Grow Credit Secures $106 Million to Offer Banks, Apps, Websites, and Employers a Platform to Help Consumers Build Credit and Save on Subscription Payments

SANTA MONICA, Calif.–(BUSINESS WIRE)–#creditbuilding—Grow Credit, a Black-owned financial inclusion platform, which partnered with MasterCard last year to help consumers leverage their subscription payments to build credit for free on Equifax, Transunion, and Experian, announced today that it has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors […]

BioCatch Joins Alkami’s Gold Partner Program, Providing Alkami Customers With Access to World-class Fraud Detection Powered by Behavioral Biometrics. thumbnail

BioCatch Joins Alkami’s Gold Partner Program, Providing Alkami Customers With Access to World-class Fraud Detection Powered by Behavioral Biometrics.

World-class technology used by largest financial institutions now accessible to Alkami network users; providing top-tier fraud detection NEW YORK–(BUSINESS WIRE)–BioCatch, the market leader in behavioral biometrics technology, is pleased to announce that they are now part of Alkami Technology, Inc.’s (Nasdaq: ALKT) Gold Partner Program. This new partnership enables Alkami’s network of bank and credit […]

ACI Worldwide Ranked in the Top 20 Largest Global Providers of Financial Technology by IDC FinTech Rankings thumbnail

ACI Worldwide Ranked in the Top 20 Largest Global Providers of Financial Technology by IDC FinTech Rankings

MIAMI–(BUSINESS WIRE)–ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced its ranking in the IDC Financial Insights 2021 FinTech Rankings. ACI is ranked 19 on this international list of financial technology companies that were judged according to their global revenues attributed to financial institutions. Now in its 18th […]

Embroker Launches New Standalone, Digital-First Cyber and Crime Business Insurance Products thumbnail

Embroker Launches New Standalone, Digital-First Cyber and Crime Business Insurance Products

New Data Shows Lack of Awareness Among Small to Medium-Size Businesses Regarding True Risk of Cyberattacks SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance. Embroker insurance products, built digitally from the ground […]

GTS Founder Announces New Digital Asset Trading Firm “Radkl” thumbnail

GTS Founder Announces New Digital Asset Trading Firm “Radkl”

Driven by Innovation and Premier Technologies, Radkl Will Focus on Proprietary Trading and Investing Strategies in Digital Asset Markets Point72’s Steven A. Cohen Has Agreed in Principle to be an Early Investor NEW YORK–(BUSINESS WIRE)–Radkl, a pioneering digital asset investment and proprietary trading firm, was launched by partners of GTS today. Point72’s Steven A. Cohen […]

Deloitte and HighRadius Sign a Strategic Alliance to Accelerate Digital Transformation in the Office of the CFO thumbnail

Deloitte and HighRadius Sign a Strategic Alliance to Accelerate Digital Transformation in the Office of the CFO

An alliance that delivers true ‘People-Process-Technology’ transformation that helps global enterprises maximize their financial performance in the age of digital. HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, and Deloitte today announced a strategic alliance that will streamline the work of the Office of the CFO, using the HighRadius Autonomous Software platform. […]

Ault Global Holdings Takes Delivery of 1,000 S19j Pro Antminers to Be Deployed Promptly thumbnail

Ault Global Holdings Takes Delivery of 1,000 S19j Pro Antminers to Be Deployed Promptly

LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its wholly owned subsidiary, Ault Alliance, Inc. (“Ault Alliance”), has taken delivery of 1,000 S19j Pro model Antminers (the “Antminers”). On February 1, 2021, the Company announced that it was resuming bitcoin mining through the acquisition […]

Atmos Financial Launches Checking Accounts, Mobile App — Giving Consumers Climate-positive Control Over Personal Finance thumbnail

Atmos Financial Launches Checking Accounts, Mobile App — Giving Consumers Climate-positive Control Over Personal Finance

Customers can earn above-industry average savings rates while leveraging their deposits to fight climate change. BERKELEY, Calif.–(BUSINESS WIRE)–#banking–Atmos Financial, a climate fintech company leveraging bank deposits to finance the clean energy transition, launched a groundbreaking checking account today that empowers customers to use their cash deposits to reverse global warming. Bank deposits are among the […]

Focus on Data, Advanced Analytics and Decisioning Creates a Winning Strategy for Experian thumbnail

Focus on Data, Advanced Analytics and Decisioning Creates a Winning Strategy for Experian

Experian Named to Top 15 in IDC FinTech Rankings Top 100 LONDON–(BUSINESS WIRE)–Experian has ranked #11 on the newly announced 2021 IDC FinTech Ranking, jumping from its previous position at #45. The FinTech Rankings is an annual ranking which highlights the top 100 global providers of financial technology. IDC also refers to Experian as a […]

Transact Solutions Help Students and Schools Overcome Wide-Ranging Challenges thumbnail

Transact Solutions Help Students and Schools Overcome Wide-Ranging Challenges

Latest Innovations Supports Mental Health Awareness, Suicide Prevention, Social Distancing Efforts, Student Debt, and Food Insecurity in Higher Education PHOENIX–(BUSINESS WIRE)–#contactlesstransactions–As millions of college students are back at school amidst an ongoing pandemic and mounting student loan debt, Transact, the leader in innovative credential and payment solutions for a connected campus, continues to develop and […]

LPA Group Joins IDC FinTech Rankings by IDC Financial Insights thumbnail

LPA Group Joins IDC FinTech Rankings by IDC Financial Insights

– Global capital market technology company LPA Group joins prestigious FinTech rankings – Annual ranking highlights top 100 global providers of financial technology LONDON–(BUSINESS WIRE)–LPA Group (“LPA”), the global capital market technology provider, announced it has joined the 2021 IDC FinTech Rankings. The 18th annual vendor ranking represents the leading hardware, software and service providers […]

Paperstack Secures Funding, Joins Google Accelerator, Aims to Create a Bookkeeping and Tax Filing Platform, Meant Specifically for Freelancers thumbnail

Paperstack Secures Funding, Joins Google Accelerator, Aims to Create a Bookkeeping and Tax Filing Platform, Meant Specifically for Freelancers

TORONTO–(BUSINESS WIRE)–#bookkeeping—Paperstack, a Toronto-based FinTech company, today announced that it secured funding to develop technology-assisted bookkeeping and tax filing solution, meant specifically for Canadian freelancers. The product will allow self-employed professionals to track business expenses, find valuable tax deductions, remit GST/HST, and prepare annual tax returns – completely on autopilot. “The accounting industry hasn’t quite […]

ApexEdge Named a Finalist For “Best Embedded Finance Solution” By Finovate thumbnail

ApexEdge Named a Finalist For “Best Embedded Finance Solution” By Finovate

BOSTON–(BUSINESS WIRE)–#Banking—ApexEdge, a partner-enablement platform that offers monthly bill and subscription management solutions to support the financial health of consumers, announced that it has been named as a finalist for “Best Embedded Finance Solution” as part of the 2021 Finovate Awards. As a finalist in the category, ApexEdge is recognized as “a fintech company that […]

Insuretech Innovator, Five Sigma, Raises $12 Million to Accelerate Growth and Expansion Plans

Insuretech Innovator, Five Sigma, Raises $12 Million to Accelerate Growth and Expansion Plans

TEL AVIV, Israel–(BUSINESS WIRE)–Five Sigma, an industry leading claims platform provider, has raised $12M in a Series A round led by 83North and featuring existing investors F2 Venture Capital and Pipeline Capital. New investors include Eyal Ofer’s O.G. Tech, Xceedance and iGlobe Partners. This brings the company’s total funding to date to $18M. Five Sigma […]

Ault Global Holdings’ Subsidiary, TurnOnGreen Inc., Announces Launch of Its Commercial EV Charging Platform and Marketing Campaign thumbnail

Ault Global Holdings’ Subsidiary, TurnOnGreen Inc., Announces Launch of Its Commercial EV Charging Platform and Marketing Campaign

First Installations of TurnOnGreen’s EV Smart Charging Stations Scheduled to Begin Late September 2021 at Southern and Central California Locations LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its power electronics business, TurnOnGreen Inc. (“TurnOnGreen” or “TOGI”), formerly known as Coolisys Technologies Corp., has […]

bunq Partners With Paysafe to Enable Cash Deposits for Digital Banking thumbnail

bunq Partners With Paysafe to Enable Cash Deposits for Digital Banking

VIENNA–(BUSINESS WIRE)–bunq, the app-based Dutch challenger bank, has partnered with leading specialised payments platform, Paysafe (NYSE: PSFE), to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe’s eCash solutions, to conveniently add cash into their bunq accounts. The international roll-out […]

Temenos Named a Leader in Digital Banking Engagement Platforms and Hub Evaluations by Independent Research Firm thumbnail

Temenos Named a Leader in Digital Banking Engagement Platforms and Hub Evaluations by Independent Research Firm

Temenos Infinity cited as “a great choice for banks looking for state-of-the-art business capabilities” and “forward-looking architecture”, by the Q3 2021 Digital Banking Engagement Platforms (DBEP) report Temenos attributes its Leader status to its Explainable AI technology and micro apps architecture which power hyper-personalized digital customer experiences faster Temenos Quantum “adds low code capabilities to […]

New Partnership Opens the Way for Rail Freight KYC (Know Your Cargo) Technology – Transparent Worldwide Tracking of Rail Freight and Rolling Stock thumbnail

New Partnership Opens the Way for Rail Freight KYC (Know Your Cargo) Technology – Transparent Worldwide Tracking of Rail Freight and Rolling Stock

The Rail Working Group and Nexxiot to work together to drive complete digitization and security of worldwide cargo and rail assets ZURICH–(BUSINESS WIRE)–Governments and private freight rail operators have long recognized the need for cargo and freight wagon trackability and security, particularly when goods move across borders. Until now, a major impediment has been finding […]

High Profile Investors - Including Former Chancellor Lord Philip Hammond - Back Algbra’s Quest to Deliver Sustainable and Values-Based Finance thumbnail

High Profile Investors – Including Former Chancellor Lord Philip Hammond – Back Algbra’s Quest to Deliver Sustainable and Values-Based Finance

LONDON–(BUSINESS WIRE)–#Investors–Algbra, a sustainable and values-focused digital finance provider dedicated to providing ethical finance solutions and promoting financial wellbeing, has attracted a wide range of high-profile backers. The Seed investment round, led by New World Group and SFC Capital earlier this year, was oversubscribed. Lord Philip Hammond, former Chancellor of the Exchequer and Foreign Secretary, […]

Origin Announces the Origin Diversity Program to Expand Financial Literacy Education to Marginalized Communities and Improve Diversity of Financial Planning Profession

Origin Announces the Origin Diversity Program to Expand Financial Literacy Education to Marginalized Communities and Improve Diversity of Financial Planning Profession

Initiative commits funds, time, and resources to support the advancement of underrepresented financial planners SAN FRANCISCO–(BUSINESS WIRE)–Financial education and services are unevenly distributed in the modern economy. Marginalized communities are apprehensive about working with financial systems or have been cut off from accessing opportunities to accumulate wealth. To expand financial literacy education and support the […]

MaxRewards Raises $3 Million Series Seed to Help Consumers Earn Extraordinary Benefits from Everyday Spend thumbnail

MaxRewards Raises $3 Million Series Seed to Help Consumers Earn Extraordinary Benefits from Everyday Spend

ATLANTA–(BUSINESS WIRE)–#atlanta–MaxRewards, the first service that automates maximizing credit card rewards, cash back and benefits, announced today that it has raised a $3 million series seed funding round co-led by Dundee Venture Capital and Calano Ventures. Other investors in the round include Fintech Ventures Fund, Service Provider Capital and Nick Izquierdo, President at Fleetcor, a […]

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