Business Wire

OppFi Applauds Recent Federal Court Decision to Grant CFPB's Motion for Summary Judgment in CFSA's Challenge to CFPB's Small Dollar Rule thumbnail

OppFi Applauds Recent Federal Court Decision to Grant CFPB’s Motion for Summary Judgment in CFSA’s Challenge to CFPB’s Small Dollar Rule

Decision provides clarity and further supports the need for common sense consumer protection guidance that also protects credit access for millions of everyday consumers CHICAGO–(BUSINESS WIRE)–$OPFI–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help everyday consumers gain access to credit, applauds the recent decision by the federal district court […]

TORG – A Hugely Successful Cryptocurrency Starts Building Its Institutional Capacity thumbnail

TORG – A Hugely Successful Cryptocurrency Starts Building Its Institutional Capacity

World’s first utilimeme gets ready for global expansion DUBAI, United Arab Emirates–(BUSINESS WIRE)–#CoinPayments–TORG Foundation, the force behind the launch of world’s first utilimeme based cryptocurrency TORG has announced that it will now be focussing its efforts towards the development of this revolutionary cryptocurrencies’ institutional capacity. This includes but not limited to making integrations and collaborations […]

Mbanq CUSO Pioneers Credit Union-as-a-Service thumbnail

Mbanq CUSO Pioneers Credit Union-as-a-Service

Credit Union-as-a-Service (CUaaS) is launched by Mbanq CUSO to provide all-inclusive technology, operations and compliance solutions for Credit Unions. SAN FRANCISCO–(BUSINESS WIRE)–#CUaaS–Mbanq CUSO innovates CUaaS, a new end-to-end business model, to launch and operate the Credit Union of the future as a comprehensive service. CUaaS differentiates itself by providing a deep, coordinated package of technology, […]

Rentable Selects Salisbury Bank and Trust as its First Banking Relationship for Automated Security Deposit Solution thumbnail

Rentable Selects Salisbury Bank and Trust as its First Banking Relationship for Automated Security Deposit Solution

BOSTON–(BUSINESS WIRE)–Rentable is a Boston-based financial technology company that provides fast, secure, and compliant solutions to property managers and landlords for their handling of security deposits. Rentable clients reduce the burdensome tasks associated with collecting, administering and returning security deposits through a seamless front and back-end platform, with Salisbury Bank holding these deposits. Rentable’s innovative […]

DocFox Partners with ModusBox to Create a Fully Automated Business Onboarding Experience for Community Banks and Credit Unions thumbnail

DocFox Partners with ModusBox to Create a Fully Automated Business Onboarding Experience for Community Banks and Credit Unions

SEATTLE–(BUSINESS WIRE)–#banking–ModusBox is pleased to announce its partnership with DocFox – the SaaS-based automated business onboarding tool for financial institutions. The two companies provide a powerful solution that enables banks and credit unions to unlock access to banking core data and rapidly onboard any new business. DocFox provides a white-labeled, paperless experience that handles document […]

Majesco Announces Launch of Insight Driven Underwriting Workbench - Majesco Digital Underwriter360 for P&C thumbnail

Majesco Announces Launch of Insight Driven Underwriting Workbench – Majesco Digital Underwriter360 for P&C

Provides a next-generation software as a service (SaaS) digital underwriting platform to transform business outcomes MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco Digital Underwriter360 for P&C, a next-gen insight driven underwriting workbench for commercial and specialty lines. Majesco Digital Underwiter360, powered […]

Green Dot® Invests in Research Initiative to Advance Financial Security and Inclusion of Gig Workers thumbnail

Green Dot® Invests in Research Initiative to Advance Financial Security and Inclusion of Gig Workers

Research collaboration, led by nonprofit Commonwealth, to focus on improving income sufficiency and stability for lower-income Black, Latinx and female gig workers PASADENA, Calif.–(BUSINESS WIRE)–#banking–Green Dot Corporation (NYSE: GDOT) today announced it is investing in a new research initiative led by national nonprofit Commonwealth aimed at addressing the financial insecurity of the fast-growing non-traditional workforce. […]

CAIS Welcomes Monroe Capital to SALT NY Alternative Investments Track

CAIS Welcomes Monroe Capital to SALT NY Alternative Investments Track

CAIS Platform manager Monroe Capital to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Monroe Capital (“Monroe”) will be participating in the CAIS Alternative Investments Track at SALT NY. Monroe Capital is a boutique asset management firm specializing in private credit markets […]

Scarlet™, a New Bank Account and Debit Mastercard®, Launches Exclusively at Walgreens, Promotes a Path to Financial Health, Earns Rewards on Purchases at Walgreens and Beyond thumbnail

Scarlet™, a New Bank Account and Debit Mastercard®, Launches Exclusively at Walgreens, Promotes a Path to Financial Health, Earns Rewards on Purchases at Walgreens and Beyond

Provided by InComm Payments, powered by the Mastercard network and issued by MetaBank®, Scarlet aims to make financial wellness more convenient and accessible DEERFIELD, Ill. & ATLANTA–(BUSINESS WIRE)–Walgreens and InComm Payments™, a leading global payments technology company, today announced the launch of Scarlet1, a bank account and debit card powered by Mastercard and issued by […]

Stronghold Launches Rewards Program for Technology Partners and Business Customers to Enhance Payment Infrastructure Loyalty thumbnail

Stronghold Launches Rewards Program for Technology Partners and Business Customers to Enhance Payment Infrastructure Loyalty

StrongholdNET Aligns Network Use and Growth with Increased Overall Health of the Ecosystem SAN FRANCISCO–(BUSINESS WIRE)–$SHx #fintech–Stronghold, a payments and financial infrastructure company, has launched a new program to reward early network members, including select technology partners and business customers. StrongholdNET, Stronghold’s proprietary payments network, spans old and new rails to enable interoperability between legacy […]

Dock Becomes Fully Integrated Platform for Digital Payments and Banking-as-a-Service Markets thumbnail

Dock Becomes Fully Integrated Platform for Digital Payments and Banking-as-a-Service Markets

Brazil-based fintech now spans the entire digital payments and banking chain, absorbing Conductor and Muxi brands SÃO PAULO–(BUSINESS WIRE)–Dock, an innovator in financial technology solutions, has become one of the first companies in Latin America to offer a complete technology portfolio for the digital payments and banking-as-a-service markets and is absorbing its sister brands Conductor […]

Groundswell Launches Platform Seeking to Revolutionize Corporate Philanthropy thumbnail

Groundswell Launches Platform Seeking to Revolutionize Corporate Philanthropy

Founded by a powerhouse trio, Groundswell’s goal is to democratize charitable giving and become a ubiquitous component of employee benefits packages LOS ANGELES–(BUSINESS WIRE)–Groundswell today announced the upcoming launch of its platform aimed at disrupting charitable giving. Groundswell will revolutionize how companies approach employee compensation and corporate philanthropy by empowering employees with their own personal […]

D.A. Davidson & Co. Technology Investment Banking Group Crosses $20 Billion in Technology Transactions Year to Date thumbnail

D.A. Davidson & Co. Technology Investment Banking Group Crosses $20 Billion in Technology Transactions Year to Date

Momentum continues on the heels of D.A. Davidson’s completed acquisition of Marlin & Associates — deepening their expertise within the Financial Technology sector NEW YORK–(BUSINESS WIRE)–#DADavidsonIB—D.A. Davidson Companies announced today that its middle market technology investment banking group has crossed the $20 billion threshold in transaction volume — advising 35 mid-market technology clients on successful […]

ICE to launch Micro MSCI USA and Micro MSCI Europe Index Futures on ICE Futures Singapore thumbnail

ICE to launch Micro MSCI USA and Micro MSCI Europe Index Futures on ICE Futures Singapore

Launch Follows Extension of Partnership with MSCI to Expand ICE MSCI Offering in Asia Pacific ICE is the most liquid venue to trade MSCI derivatives and offers more than 100 futures contracts SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and MSCI Inc. (NYSE:MSCI), a leading provider of […]

Revance Announces Publication of Results on Static Glabellar Lines With Repeated Treatment of DaxibotulinumtoxinA for Injection From the SAKURA Clinical Program in Dermatologic Surgery

Revance Announces Publication of Results on Static Glabellar Lines With Repeated Treatment of DaxibotulinumtoxinA for Injection From the SAKURA Clinical Program in Dermatologic Surgery

– Post-hoc analysis demonstrates sustained improvement of static glabellar lines with repeated treatment of DaxibotulinumtoxinA for Injection – Results suggest that the extended duration of therapeutic benefit with DaxibotulinumtoxinA for Injection can produce dermal remodeling due to the prolonged period of muscle inactivity NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC) a biotechnology company focused on […]

CAIS Welcomes Angelo Gordon to SALT NY Alternative Investments Track

CAIS Welcomes Angelo Gordon to SALT NY Alternative Investments Track

CAIS Platform manager Angelo Gordon to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Angelo Gordon will be participating in the CAIS Alternative Investments Track at SALT NY. Angelo Gordon is a global alternative investment manager with more than $44 billion in […]

Financial Data Exchange (FDX) Reports 22 million Consumer Accounts on FDX API thumbnail

Financial Data Exchange (FDX) Reports 22 million Consumer Accounts on FDX API

Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. RESTON, Va.–(BUSINESS WIRE)–#FDXAPI—The Financial Data Exchange (FDX) today reports that 22 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in April 2021, over 1 million additional consumer […]

The Radicle Carbon and Soil Challenge by UPL – The Search Is on for the Ag and Food Tech Start-ups Changing the Game for Carbon Reduction & Soil Health thumbnail

The Radicle Carbon and Soil Challenge by UPL – The Search Is on for the Ag and Food Tech Start-ups Changing the Game for Carbon Reduction & Soil Health

SAN DIEGO–(BUSINESS WIRE)–#CarbonReduction—Radicle Growth, a company-building platform for early-stage ag and food technologies, today announces its partnership with UPL, a global provider of sustainable agriculture products and solutions. The partners have come together to run “The Radicle Carbon and Soil Challenge by UPL”, which sets out to invest $1.25M USD in two start-up companies that […]

TORG Spearheads a New Wave of Utility Focused Cryptocurrencies   thumbnail

TORG Spearheads a New Wave of Utility Focused Cryptocurrencies  

World’s first utilimeme eyes extended board competencies in pursuit of its revolutionary mission DUBAI, United Arab Emirates–(BUSINESS WIRE)–#BitMart—TORG, the world’s first utilimeme cryptocurrency, has been launched and is making fresh ripples in a sea of cryptocurrencies. Over 6,000 cryptocurrencies have been launched to date. One would have thought that there wouldn’t be much appetite for […]

Orion’s New Mandate: Close the Investor Behavior Gap thumbnail

Orion’s New Mandate: Close the Investor Behavior Gap

Premier wealthtech provider unveils its vision for a unified advisor platform by merging software, investments, and psychology SCOTTSDALE, Ariz.–(BUSINESS WIRE)–From the floor of its first in-person user conference in two years, Orion Advisor Solutions announced its vision for the future of financial advice: a connected wealthtech and investment powerhouse, designed to drive advisor growth and […]

Willow Launches Proprietary Automated Solution to Accelerate and Scale Pay-in-Four Bill Financing thumbnail

Willow Launches Proprietary Automated Solution to Accelerate and Scale Pay-in-Four Bill Financing

Transparent Service Manages Non-Discretionary Expenses and Combats Predatory Lending CHICAGO–(BUSINESS WIRE)–$AFRM #BuyNowPayLater—Willow, the fast-growing fintech that allows consumers to pay their bills on time with a simple pay-in-four plan, today introduced its proprietary and automated solution specifically designed for non-discretionary spending. Since launching in April, Willow has quickly gained consumer adoption for its inclusive offering, […]

Noyo and Guardian Life Expand Partnership to Broaden Their Network of Connected Platforms thumbnail

Noyo and Guardian Life Expand Partnership to Broaden Their Network of Connected Platforms

Noyo’s API infrastructure solution for fast, accurate data exchange broadens Guardian Life’s connections to some of the leading benefits administration platforms across the industry SAN FRANCISCO–(BUSINESS WIRE)–#API–Noyo, the leading API platform powering the age of connected insurance, today announced an expansion of its partnership with The Guardian Life Insurance Company of America® (Guardian Life). With […]

SRAX to Host the 2021 Sequire EdTech Virtual Conference on September 13th, 2021 thumbnail

SRAX to Host the 2021 Sequire EdTech Virtual Conference on September 13th, 2021

LOS ANGELES–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced it will host the first-ever Sequire EdTech Conference, a one-day investor event featuring prominent virtual work and remote learning companies. Event: 2021 Sequire EdTech Conference Date: September 13th, 2021 Time: […]

MIT and Esme Learning Launch Two New Online Courses in Data Strategy, Smart Mobility thumbnail

MIT and Esme Learning Launch Two New Online Courses in Data Strategy, Smart Mobility

The executive education courses will upskill professionals in smart transportation technologies and data-driven decision making BOSTON–(BUSINESS WIRE)–Esme Learning and the Massachusetts Institute of Technology (MIT) have expanded their collaboration in online executive education with two new six-week courses: Data Strategy: Leverage AI for Business and Smart Mobility: The Future of Transportation Tech & Sustainable Cities. […]

Prelim Introduces Framework Enhancement to Quickly and Easily Connect Financial Institutions to Any Technology Company, Making Open Banking More Accessible thumbnail

Prelim Introduces Framework Enhancement to Quickly and Easily Connect Financial Institutions to Any Technology Company, Making Open Banking More Accessible

SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a fintech provider optimizing digital banking experiences for financial institutions, has announced a proprietary framework technology that allows banks and credit unions to connect with any technology company, including core providers, through a single line of code. Traditionally, community financial institutions in particular have been challenged to create thousands of lines of […]

Majesco Recognized as a Challenger in 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America thumbnail

Majesco Recognized as a Challenger in 2021 Gartner® Magic Quadrant™ for Life Insurance Policy Administration Systems, North America

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America [1]. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption […]

OneConnect Responds to Whistleblower Complaint

OneConnect Responds to Whistleblower Complaint

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today responded to certain allegations made about the Company circulated online. The Company first became aware of these allegations on August 20, 2021 from an anonymous whistleblower complaint containing multiple unsubstantiated claims, including […]

Evervault Announces PCI DSS Compliance for its Suite of Encryption Tools thumbnail

Evervault Announces PCI DSS Compliance for its Suite of Encryption Tools

— Certification allows Evervault to remove the burden of maintaining cardholder data security standards from its customers so they can focus on their business with new peace of mind — On the heels of its HIPAA and SOC 2 Type II compliance announcements, Evervault is one step closer to achieving its goal of ending data […]

Digital River Signs a Record Number of New Clients in Q2 While Expanding Access Across Ecosystems thumbnail

Digital River Signs a Record Number of New Clients in Q2 While Expanding Access Across Ecosystems

Digital River’s pivot from legacy technology company to agile solutions provider yields results by simplifying ecommerce for a growing client base MINNEAPOLIS–(BUSINESS WIRE)–Digital River, an experienced global commerce enabler for established and fast-growing brands, announced today it signed a record-breaking number of new clients in the second quarter of 2021, outpacing 2020’s Q2 performance by […]

CAIS Welcomes Axonic Capital to SALT NY Alternative Investments Track

CAIS Welcomes Axonic Capital to SALT NY Alternative Investments Track

CAIS Platform manager Axonic Capital to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Axonic Capital (“Axonic”) will be participating in the CAIS Alternative Investments Track at SALT NY. Axonic Capital is a global alternative investment manager with $4.5 billion in AUM. […]

Gesa Credit Union Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform thumbnail

Gesa Credit Union Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform

Early results show steep increases in approval rates and automation NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI today announced that Gesa Credit Union has completed implementation and is now live on its platform. The deployment enables Gesa to make automated, AI-driven, smart credit decisions while enhancing credit access to members. Using […]

“The Story of New Finance in China（II）” Dives into Latest Innovative Financial Technologies thumbnail

“The Story of New Finance in China（II）” Dives into Latest Innovative Financial Technologies

SHANGHAI–(BUSINESS WIRE)–“The Story of New Finance in China (II)” is a video series on YouTube that explains the latest innovative technologies and how they affect financial institutions in China. The series goes over a variety of financial technologies (called FinTech, for short) including artificial intelligence (AI), cloud computing, blockchain, robotics, big data, and satellite remote […]

Juniper Research: B2B Cross-border Payment Transaction Values to Exceed $42 Trillion in 2026, as eCommerce Marketplace Growth Stimulates Trade thumbnail

Juniper Research: B2B Cross-border Payment Transaction Values to Exceed $42 Trillion in 2026, as eCommerce Marketplace Growth Stimulates Trade

BASINGSTOKE, England–(BUSINESS WIRE)–#b2bpaymentslandscape–A new study from Juniper Research has found the transaction value of B2B cross-border payments of all payment types will exceed $42.7 trillion in 2026, from $34 trillion in 2021. The research identified that growth of over 25% is being driven by increased popularity of eCommerce marketplaces, which are generally cross-border in nature. […]

Pacific Prime Launches the State of Health Insurance Report 2020-2021 thumbnail

Pacific Prime Launches the State of Health Insurance Report 2020-2021

HONG KONG–(BUSINESS WIRE)–#COVID19–Pacific Prime, a global health insurance brokerage and employee benefits specialist, has released the fourth edition of their annual State of Health Insurance Report. Taking a deep dive into the International Private Medical Insurance (IPMI) space, the report gathers insight from key industry leaders such as Julian Mengual, CEO – South East Asia […]

Standard Chartered and Linklogis Rally Investors to Drive Sustainable Trade Finance thumbnail

Standard Chartered and Linklogis Rally Investors to Drive Sustainable Trade Finance

Joint venture to launch Olea, a digital blockchain-enabled trade finance platform NEW YORK–(BUSINESS WIRE)–Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, today announced a joint venture to establish Olea, a fully-digitised trade finance origination and distribution platform that aims to bring together institutional investors […]

Western Wealth Communities Removes Costly Deposits with LeaseLock Zero Deposit™ thumbnail

Western Wealth Communities Removes Costly Deposits with LeaseLock Zero Deposit™

In six-month timespan, LeaseLock has more than doubled its leases insured, eclipsing $2 billion mark LOS ANGELES–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech provider for real estate, today announced that Western Wealth Communities (WWCo) is implementing LeaseLock Zero Deposit™ to eliminate the financial and administrative burdens of security deposits. The rollout of Western Wealth also signals […]

Bankjoy Expands Reach to More Than One Million Members thumbnail

Bankjoy Expands Reach to More Than One Million Members

Demand for modern digital banking grows as more credit unions partner with fintech to deliver superior member experience DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy is expanding its reach to more than one million members nationwide, demonstrating a strong and growing demand for its digital platform. This milestone comes on the heels of adding several more credit […]

ICE Announces That a Record 20,723 Micro NYSE FANG+™ Index Futures Traded on August 26 thumbnail

ICE Announces That a Record 20,723 Micro NYSE FANG+™ Index Futures Traded on August 26

NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 20,732 Micro NYSE FANG+™ Index futures traded on August 26, marking its highest volume day. Average daily volume has grown to a record 8,423 contracts in August. “The U.S. technology sector has had a […]

Zeal Raises $13 Million Series A to Scale API Infrastructure Allowing Companies to Build Custom Payroll Products thumbnail

Zeal Raises $13 Million Series A to Scale API Infrastructure Allowing Companies to Build Custom Payroll Products

Zeal helps SaaS platforms and direct employers build enterprise-level payroll products and scale their business SAN FRANCISCO–(BUSINESS WIRE)–Zeal (formerly Puzzl), an API-first payroll infrastructure provider, today announced a $13 million Series A round led by Spark Capital, with participation from Commerce Ventures and notable individual investors including: Marqeta CEO and Founder Jason Gardner and CRO […]

ICE Reports Record Futures Open Interest of 48.1 Million Contracts thumbnail

ICE Reports Record Futures Open Interest of 48.1 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 total futures open interest of more than 48.1 million contracts on August 25, 2021. ICE’s North American natural gas futures and options, which includes Henry Hub and U.S. Basis Markets contracts, hit […]

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