Business Wire


“Forgotten” 401(k) Accounts Amount to Nearly $1.35 Trillion of Assets, According to New White Paper from Capitalize

Sum Represents 20% of the $6.7 Trillion Total Assets in 401(k) Plans NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, today released the findings of its newest white paper, The True Cost of Forgotten 401(k) Accounts (2021). The white paper explains how these “forgotten accounts” represent 401(k) savings that have been left […]

Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for 2021 FIS Fintech Accelerator Program

Key facts: FIS and The Venture Center announce the ten growth-stage fintech companies selected to take part in the 2021 FIS Fintech Accelerator program. Highlighted by solutions focused on authentication, lending and banking-as-a-service, the chosen companies also represent credit monitoring, automation, financial wellness, and customer relationship management. Firms founded by women comprise thirty percent of […]

Northern Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced the deployment of its platform at Northern Credit Union. This deployment will enhance and augment Northern Credit Union’s credit decisioning and underwriting capabilities for new and prospective members. Founded in 1955 by a group of New York Air Brake employees, Northern Credit Union […]

Ault Global Holdings to Present at 16th Annual LD Micro Invitational

Company to Report on Progress with Electric Vehicle Initiatives, Global Defense Business Growth and Expansion of Fintech Lender LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that it will present at the 16th Annual LD Micro Invitational, a three-day investor conference to be held Tuesday, […]

Ninjas in Pyjamas and Mercuryo Partner up to Put a Spotlight on Cryptocurrency

LONDON–(BUSINESS WIRE)–Legendary Swedish esports organization Ninjas in Pyjamas (NIP) and cryptocurrency infrastructure company Mercuryo have joined forces for BLAST Premier Spring Finals to onboard the esports community to the future of finance. Mercuryo is well-recognized in the financial industry as a rapidly growing cryptocurrency infrastructure company that provides global access to fast, secure, and affordable […]

Esme Learning and MIT Launch Online Executive Education Courses in AI Leadership, Leading Health Tech Innovation

New online courses from the MIT Sloan School of Management and the MIT School of Architecture and Planning will prepare learners for the future of work through a blend of video instruction, AI coaching, and small-group collaborative learning BOSTON–(BUSINESS WIRE)–#AILeadership–The Massachusetts Institute of Technology (MIT) and Esme Learning have announced two six-week online courses in […]

BlocPal International Inc. and 1290448 B.C. Ltd. Announce Reverse Takeover Transaction and Brokered Financing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES  Parties plan $25 million concurrent private placement and application to list on stock exchange VANCOUVER, British Columbia–(BUSINESS WIRE)–BlocPal International Inc. (“BlocPal”), a digital transaction company that integrates blockchain and payment processing solutions to make financial services more affordable and accessible, and […]

Mogo Announces Agreement to Acquire Additional Shares in Canada’s Leading Crypto Platform, Coinsquare

Combined with previously announced transactions and Mogo’s existing purchase warrant, Mogo could now increase its ownership in Coinsquare to 53% All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that it intends to increase its ownership position in Coinsquare […]

CSI Works to Advance Adoption of Real-Time Payments through FedNow Pilot Participation

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, is participating in the FedNow Pilot Program to advance instant payments in the U.S. The program is designed to foster industry partnerships in development of the Federal Reserve’s new real-time payments service. As part of the FedNow Pilot Program, […]

FinTech Acquisition Corp. IV Announces Special Meeting Date for Proposed Business Combination with Perella Weinberg Partners

NEW YORK–(BUSINESS WIRE)–FinTech Acquisition Corp. IV (NASDAQ: FTIV) (“FinTech IV” or “FTIV”), a special purpose acquisition company, announced today that it has set a record date of May 14, 2021 (the “Record Date”) and a meeting date of June 22, 2021 for its special meeting (the “Special Meeting”) to approve the previously announced proposed business […]

Ault Global Holdings’ Subsidiary, Coolisys Technologies Corp., Forms New Subsidiary to Provide Scalable Electric Vehicle (EV) Smart Charging Solutions

Coolisys Hires Key Management As It Moves Toward Commercial Launch LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that its subsidiary, Coolisys Technologies Corp.® (“Coolisys”) has formed the subsidiary, TurnOnGreen, Inc., to provide flexible and scalable electric vehicle supply equipment (“EVSE”) and services. TurnOnGreen was founded […]

Flexiti Signs 10-Year Agreement to Become Exclusive Point-of-Sale Financing Partner to the LFL Group Including Leon’s and The Brick, Canada’s Largest Home Furnishings Retailer

TORONTO–(BUSINESS WIRE)–Flexiti Financial Inc. (“Flexiti”), a leading provider of point-of-sale consumer financing solutions for retailers, announced today that LFL Group (“LFL”) (TSX: LNF), Canada’s largest home furnishings retailer, has chosen Flexiti’s omni-channel customer financing platform for all of LFL’s retail banners. Since 2018, the FlexitiCard® has been accepted at The Brick stores while LFL customers […]

Quant Infinity Launches arty – a Brand New Artificial Intelligence Portfolio Advisor

ZURICH–(BUSINESS WIRE)–#ai–Today, Quant Infinity Solutions AG, a leading Switzerland-based quantitative FinTech company, has launched arty – a web-based artificial intelligence portfolio advisor. arty will show investors of any size how to create professional, reliable investment portfolios. The technology uses Quant Infinity’s sophisticated systems and research, usually only available for professional investors and institutions. With more […]

Flexiti, a Subsidiary of CURO, Signs LFL Group to 10-Year Exclusive Point-of-Sale Consumer Financing Agreement

LFL Group is Canada’s largest home furnishing retailer with over 300 outlets WICHITA, Kan.–(BUSINESS WIRE)–CURO Group Holdings Corp. (NYSE: CURO) (“CURO” or the “Company”), a tech-enabled, multi-channel and multi-product consumer finance company serving a wide range of non-prime and prime consumers in the U.S. and Canada and a market leader in the industry based on […]

ACI Worldwide Powers Payments Innovation for Pick n Pay

Pick n Pay, one of South Africa’s leading retailers, to utilize ACI Omni-Commerce to drive payments modernization as it significantly grows its transaction volumes MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with Pick n Pay to drive payments modernization […]

Temenos Accelerates Banking Innovation for SMEs with the launch of Temenos Virtual COO at TCF Online 2021

Based on input from 300 SME business owners to understand their challenges and needs, Temenos launches Temenos Virtual COO TCF Online 2021 is the flagship event in banking with 10,000 banking business leaders and technologists, and keynotes from PayPal, Barclays and Varo GENEVA–(BUSINESS WIRE)–SMEs make up 95% of businesses in many countries, and yet they […]

Mila Inc. Partners With Leading Digital Payments Provider SumUp

Partnership will enable secure, instant mobile payments for over 10,000 on-demand Mila Friends and Mila Pros across five countries ZÜRICH–(BUSINESS WIRE)–#consumerelectronics—Mila Inc., the European leader of on-demand technical support, announces its partnership with SumUp, a global leader in payment solutions. SumUp offers payment solutions to small businesses and entrepreneurs, who can pay simply, easily and […]

EML CTO Jason Nadler’s Childhood Admiration For Bill Gates Comes Full Circle With EML’s Move To Microsoft Azure

Fast growth FinTech EML has chosen Microsoft Azure to accelerate its go-to-market capabilities KANSAS CITY, Mo.–(BUSINESS WIRE)–Jason Nadler is Chief Technology Officer (CTO) at EML Payments Limited (ASX: EML) (S&P/ASX 200). With a background in business and technology, he understands complex technical problems and solutions in the market. He translates this into how best it […]

IDEMIA Enters the Japanese Payment Cards Industry as It Launches Its First Banking Card

Compliant with the JIS2 standard, IDEMIA supplies its contactless cards to domestic major issuers and Fintech issuers in Japan TOKYO–(BUSINESS WIRE)–As the global leader in Augmented Identity, payment card issuance and payment solutions, IDEMIA (Japan office: Shibuya-ku, Tokyo, Vice President of Japan Sales: Nezu Nobuyoshi), today announced that it will provide dual-interface credit cards to […]

Envestnet to Participate in Upcoming Conferences

CHICAGO–(BUSINESS WIRE)–Envestnet, Inc. (NYSE: ENV), today announced that the Company will be participating in the following virtual investor conferences: On Thursday, June 3, 2021, the Company will be participating at William Blair’s 41st Annual Growth Stock Conference. On Tuesday, June 8, 2021, the Company will be participating at Baird’s 2021 Global Consumer, Technology and Services […]

Transact Makes Leadership Commitment to the University of Limerick’s New Immersive Software Engineering Program

Transact to Host ISE Program Residencies, Join Global Coalition on ISE Advisory Board LIMERICK, Ireland & PHOENIX–(BUSINESS WIRE)–#MSc–With a goal of modernizing how computer science is taught through immersive learning, Transact, the leader in innovative payment solutions for a connected campus, today committed its support to the University of Limerick’s new Immersive Software Engineering (ISE) […]

OriginClear® Files Trademark For $H2O as a Water Coin Designed to Streamline Payments for Water Services

CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #water—OriginClear Inc. (OTC Pink: OCLN), FinTech for Clean Water™, filed a trademark application for the mark $H2O™. “We’ve applied to trademark this universal symbol for water, H2O, with the customary dollar sign prefix for cryptocurrency, representing our planned blockchain system,” said OriginClear® CEO Riggs Eckelberry. “We intend to invest in crypto development […]

Gainsight Kicks Off 2021 With 136% YoY Bookings Growth; Announces Global Hiring Plan to Support Accelerating Customer Success Movement

Company Grows Bookings 136% Year-Over Year; Accelerates Hiring Plan with Goal to Surpass 1,000 Employees Worldwide by the End of 2021 SAN FRANCISCO–(BUSINESS WIRE)–Gainsight, the Customer Success company, today announced highlights from a record-breaking first quarter, which ended April 30th. The company’s latest financial results continued to build on its momentum from a record-breaking 2020 […]

Shokworks Powers State of the Art Platforms to Transform Metrospaces to a Prop-Tech Company

DALLAS–(BUSINESS WIRE)–#blockhain–Since its inception in 2012, Metrospaces, Inc. (OTC: MSPC) built its reputation as a luxury real estate developer by creating unique property opportunities. President Oscar Brito had decades of experience, including London’s Bulgari Hotel and others. However, this innovative leader saw more in the property company, and he sought to transform his company to […]

NestEgg Launches ‘Freedom’ To Give All Real Estate Investors Access to Affordable Property Management Service

CHICAGO–(BUSINESS WIRE)–NestEgg, a fintech software company that helps growth-minded mom and pop real estate investors reach their goals of financial independence faster with easy online property management, today announced the launch of their Freedom plan. With NestEgg’s Freedom plan, real estate investors are able to turn their long-term rentals into truly passive income with full-service […]

CSI Launches Digital Document Solution to Transform Customer Communications for Banks and Regulated Organizations

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announces the launch of CSI InfoSlips, a globally deployed, digital document engagement solution that transforms the statement and customer communication experience. The new offering enables regulated organizations such as financial institutions, insurance providers and healthcare companies to consume a […]

Lead Semantics Selects Fluree for TextDistil, a Secure Natural Language Processing Pipeline for Enterprise Data Management Teams

Fluree and Lead Semantics, two North Carolina technology companies, announce TextDistil for enterprise data teams building data fabrics and knowledge graphs TextDistil’s rules-powered neural language pipeline, powered by Fluree’s semantic graph database, will help convert text and other unstructured data into FAIR (Findable, Accessible, Interoperable, and Reusable) digital assets for analysis or operational applications TextDistil […]

SpiderRock Partners with CloudQuant to provide Historical Derivatives Data Access via API

CHICAGO–(BUSINESS WIRE)–#Fintech–SpiderRock Gateway Technologies and CloudQuant (CQ) prove that access to large, complex, point-in-time historical data doesn’t have to be difficult. SpiderRock launched the Liberator API service which allows clients to skip the complex data onboarding process and simply use Microsoft Excel(™) or common programming languages to access data with one simple interface. SpiderRock Liberator, […]

Reply Sustainable Investment Challenge 2021: the Competition Ends With Over 14,600 Participants From 91 Countries Worldwide

On the podium are Guido Alberto Marsico (22 years old, University of Suor Orsola Benincasa of Naples), Vittorio Ranieri (21 years old, Bocconi University) and Vincenzo D’Ambrosio (24 years old, LUISS University). TURIN, Italy–(BUSINESS WIRE)–With the announcement of the winners, the Sustainable Investment Challenge, the online competition created by Banca Generali and Reply in collaboration […]

Tavant Partners with Hay Group as it Expands into Australia

Partnership marks creation of joint digital banking & lending solution with full, end-to-end integration SANTA CLARA, Calif. / SURRY HILLS, Australia–(BUSINESS WIRE)–#banking—Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced it has entered into a strategic alliance with Hay Group, an Australian fintech provider, to deliver the full payment and lending spectrum of […]

Technology Company Obie Launches to Reinvent the Investment Property Insurance Process, Saving Landlords and Real Estate Investors as Much as 30%

Company debuts the first instant quote platform for landlords; now offers coverage in all 50 states Obie closes $10.7 million Series A, led by Battery Ventures CHICAGO–(BUSINESS WIRE)–#Batteryventures–Launching today, emerging InsurTech innovator Obie unveiled its new insurance offering, specifically targeting landlords and investment property owners. Obie’s instant quote platform for landlords, the first of its […]

The Bancorp Announces Launch of New Corporate Website

With its new look, the website encapsulates a unified brand from The Bancorp and highlights the Company’s dedication to elevating the financial services industry WILMINGTON, Del.–(BUSINESS WIRE)–#AlwaysAPartner—The Bancorp, Inc. (“The Bancorp”) (Nasdaq: TBBK), is pleased to announce the launch of the Company’s newly-designed corporate website. The project is the result of an initiative to further […]

Apex Fintech Solutions to Launch Product Providing Investors with Immediate Access to Cash Following Sale of U.S. Equities

Innovative offering to simulate instant trade settlement by making funds immediately available to investors Product to launch in Third Quarter 2021 DALLAS–(BUSINESS WIRE)–Apex Fintech Solutions LLC (“Apex”), the “fintech for fintechs” powering innovation and the future of digital wealth management, today announced it intends to launch a product that is designed to give investors immediate […]

OneTeam Capital Partners With Linear Financial Technologies to Provide Working Capital Solutions to Small Businesses

HOBOKEN, N.J.–(BUSINESS WIRE)–OneTeam Capital (“OTC”) today announced that it has entered into an agreement with Linear Financial Technologies (“Linear”) to deliver working capital solutions to small businesses in the United States. “This is an extremely exciting development. Linear is the market leader in providing technology, operational, and analytical solutions to banks and other financial institutions […]

Atlantic American Employee Benefits Selects EIS to Accelerate Group Voluntary Benefits Expansion

EIS’ core technology to automate policy administration, provide more seamless broker experience, using a SaaS delivery approach SAN FRANCISCO & ATLANTA–(BUSINESS WIRE)–EIS, a core and digital platform provider for insurers, announced today that Atlantic American Employee Benefits, the voluntary division of Bankers Fidelity Life Insurance Company®, has selected EIS to launch a next-generation, digital-first platform […]

Andrew Johnson Bank Selects Wolters Kluwer’s Compliant Lending Offerings

Online Applications, ComplianceOne®, and Vanceo™ enhance bank’s automated transaction capabilities MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer–Tennessee-based Andrew Johnson Bank has selected Wolters Kluwer Compliance Solutions’ ComplianceOne®, Vanceo™ Mortgage, and Online Applications offerings to help it streamline, automate and enhance its lending program capabilities. Online Applications for Mortgage Lending is an online application platform that enables smaller lenders to engage […]

April 2021 Origination Insight Report from ICE Mortgage Technology Shows Fourth Consecutive Month Faster Time to Close

Digital Mortgage Technology Plays Important Role in Accelerating Time to Close PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today issued its Origination Insight Report (OIR) for April 2021. In this month’s report, data show that the average time to close […]

Revance Provides Update on DaxibotulinumtoxinA for Injection Pre-Approval Inspection

NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced that the FDA plans to initiate its pre-approval inspection of the company’s manufacturing facility for DaxibotulinumtoxinA for Injection by the end of June 2021. In November 2020, Revance received notification from the FDA that the Agency […]

Visa Unlocks Digital-First Banking and Payment Experiences for Clients

With the global expansion of Visa Fintech Partner Connect, financial institutions of all sizes can access a set of Visa-certified financial technology providers SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V), the world’s leader in digital payments, today announced the expansion of Visa Fintech Partner Connect—a program designed to help financial institutions quickly connect with a vetted and curated […]

RegTech provider Napier strengthens foothold in APAC

LONDON–(BUSINESS WIRE)–Napier, provider of next-generation anti-financial crime compliance solutions, has continued its aggressive global expansion by opening a second APAC office within 10 months. Adding a Kuala Lumpur presence to the Singapore base established last year, the London-headquartered company also announces senior leadership appointments to further strengthen its foothold in APAC. Wall Street and Silicon […]