Business Wire


MOVO® Forges New Fintech Category and Launches ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

The all-in-one banking and payments app enables consumers to receive, send and spend, with digital cash securely and instantaneously, anywhere and anytime PALO ALTO, Calif.–(BUSINESS WIRE)–MovoCash, Inc., a California-based Fintech company, announced today the launch of a first-of-its-kind ON-DEMAND Mobile Banking (“ODMB”) app with End-to-End CONTACTLESS Payments in partnership with Mastercard® and Coastal Community Bank. […]

DeepTarget’s 3D StoryTeller Recognized As Best Solution for Improving Operations in Bank Director’s 2021 Best of FinXTech Awards

MADISON, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for financial institutions, today announced its 3D StoryTeller™ was selected as the Best Solution for Improving Operations in this year’s Best of FinXTech Awards, powered by Bank Director. Through the Best of FinXTech Awards, […]

Advisor Insurance Launched by Industry Experts to Transform Business Insurance for Wealth Managers

MONTCLAIR, N.J.–(BUSINESS WIRE)–Advisor Insurance, LLC is proud to announce that it has officially launched its new platform to make it easier for wealth managers to buy business insurance and protect their firms. Advisor Insurance was founded on the belief that the business insurance process is complex and time-consuming, and that products often fall short of […]

ICE Mortgage Technology Borrower and Lender Survey Shows Momentous Surge in Technology Adoption

Record volume during pandemic shifts industry to increased digital mortgage focus PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that this past year borrowers took advantage of historically low interest rates and the mortgage industry embraced digital mortgages more […]

Challenger Bank Cheese Teams With Asian-Owned Restaurants and Businesses For AAPI Heritage Month

Customers Can Support Asian American Communities And Earn Up To 5% Cash Back By Shopping At Asian-Owned Businesses PASADENA, Calif.–(BUSINESS WIRE)–Recently launched Cheese, a revolutionary digital banking and social cause platform, today announced a special initiative as part of Asian American and Pacific Islander (AAPI) Heritage month to help local businesses recover from the effects […]

Rho Technologies Launches First-Ever Corporate Card Providing Flexible Terms

Rho Card unlocks businesses’ cash flow while providing greater control to fuel growth NEW YORK–(BUSINESS WIRE)–Rho Technologies, the high-growth fintech enterprise behind Rho Business Banking*, today announced the launch of the Rho Card, the first-ever, bank-issued corporate card that gives businesses the ability to flexibly manage their cash back, credit terms, company spend controls and […]

Insurify Accelerates Growth and Announces New Office in Bulgaria

New Office in Tech Hub Enables Massachusetts-based Insurance Comparison Platform to Focus on Innovation CAMBRIDGE, Mass. & SOFIA, Bulgaria–(BUSINESS WIRE)–Insurify, the AI-powered insurance comparison platform, has opened its first international office in Sofia, Bulgaria, the digital capital and vibrant tech hub of Eastern Europe. In an effort to provide the best fully integrated customer experience, […]

Figure Receives Regulatory Approval to Operate Alternative Trading System

Alternative Trading System (ATS) Allows Figure to Operate Security Token Exchange, Bringing Liquidity to Digital Assets SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain, today announced that its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and an SEC-registered Alternative Trading System (ATS) for digital […]

Analytics Insight Names ‘The 10 Most Impactful Women in Technology’ in May 2021

SAN JOSE, Calif. & HYDERABAD, India–(BUSINESS WIRE)–#Exceptionalleaders–Analytics Insight has named ‘The 10 Most Impactful Women in Technology’ in its May 2021 magazine issue. The issue is the fifth volume focusing on women leaders who have built their foundation from scratch and made a remarkable stance in the digital world. The magazine issue recognizes ten impactful […]

Fintech Stampli Raises $50 Million To Put Controllers Back in Control of Payables

Stampli helps controllers close the disconnect between accounts payable and the broader organization with AI-driven AP Automation, empowering AP teams and approvers to work together to make smarter, faster decisions on invoice processing and payments. MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–AI-driven AP Automation innovator Stampli today announced $50 million in Series C funding for their platform, which […]

INX Becomes SPiCE VC’s Third Portfolio Company to Go Public

The First Fully Tokenized VC Fund Affirms its Winning Investment Strategy and Plans for a Significant Investor Payout in 2021 SAN FRANCISCO & ZURICH & TEL AVIV, Israel–(BUSINESS WIRE)–SPiCE VC, the leading venture capital (VC) fund in the Blockchain/Tokenization ecosystem, which has revolutionized the VC asset class, becomes the first venture capital firm in this […]

Ignite Sales Accelerates Adoption of its Customer Engagement Platform through Alliance with Vericast

Ignite Sales Technology Powers Harland Clarke Solution to Provide A Deeper, Richer and Differentiated Customer Experience DALLAS–(BUSINESS WIRE)–Ignite Sales, Inc., the leader in retail banking customer engagement and retention technology, and Vericast, a and leading marketing solutions company, together with its Harland Clarke line of customer experience solutions, today announced a strategic alliance that will […]

ICE Expands ESG Reference Data Service and Shares Key Findings from Database

Coverage now includes key U.S. indices and benchmarks Data shows 48% of U.S. large-cap companies disclose carbon emissions 62% of companies in the ICE U.S. 1000 Index have at least 25% female board representation ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced […]

Fidelity® Makes It Even Easier for Wealth Management Firms to Manage Their Integrations and Technology Ecosystems

Fidelity Increased Real-Time Integrations by 200% Since 2018; New Integration Xchange Capabilities Streamline the Deployment and Management of 200+ Available Fintech Integrations AdvisorEngine, Advyzon, Agreement Express, Laser App, Orion and 55ip Among New and Enhanced Integrations BOSTON–(BUSINESS WIRE)–Today, Fidelity Institutional℠ announced updates to Integration Xchange, its award-winningi, open architecture digital store that helps wealth management […]

Acrisure Backs ‘Arts Marketplace’ to Support Women and Minority-Owned Artisans

Partnership creates opportunities and removes barriers for diverse entrepreneurs in West Michigan GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Acrisure, a top-10 global insurance broker and fintech services provider, today announced it has become a platinum sponsor of the Arts Marketplace at Studio Park, a platform for women and minority-owned makers and artisans in the heart of downtown Grand […]

Piper Sandler Expands Technology Investment Banking with the Hiring of Chris O’Brien

MINNEAPOLIS–(BUSINESS WIRE)–Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Chris O’Brien as a managing director within the firm’s technology investment banking group. He will be focused on industrial software and technology and will be based in the firm’s Boston office. O’Brien brings 16 years of investment banking […]

Moody’s and Team8 Announce Investment in VisibleRisk as It Launches Cyber Rating

NEW YORK–(BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) and Team8, a global venture group, today announced the completion of a $25 million investment in VisibleRisk, a joint venture established by the two companies in 2019 to evaluate enterprise cyber risk. Additionally, VisibleRisk today announced the launch of a Cyber Rating product, building on the collaboration between Moody’s and […]

Onfido Reaches New Heights With Company’s Best Quarterly Revenue Earnings to Date

– 93% increase in year-over-year revenue – Alex Valle joins company as Chief Product Officer LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced its best sales quarter in the company’s nine-year history, with revenue increasing 93% year-over-year. This strong momentum was attributed to another solid quarter in the United […]

InterPrice Technologies, Inc. Certified as a Woman-Owned Business

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, Inc., a woman-owned early-stage debt capital markets fintech platform, today announced that it has received national certification from The Women’s Business Enterprise National Council (WBENC). “Earning our WBENC certification and joining this tremendous network of women-owned businesses means a great deal to InterPrice,” said Olga Chin, Founder and CEO of InterPrice. […]

Customers Bank Continues National Expansion

Extends Midwest Commercial Banking Presence, Based in Chicago CHICAGO–(BUSINESS WIRE)–$CUBI–Customers Bank, a digital forward financial institution with approximately $18.8 billion in assets, is expanding the bank’s Midwest presence based in Chicago as part of the bank’s national expansion. The bank is also opening new commercial banking offices in Dallas, Texas and Orlando, Florida. Ian Kay, […]

Customers Bank Furthers National Expansion

Opens New Commercial Banking Office in Local Market DALLAS–(BUSINESS WIRE)–$CUBI–Customers Bank, a digital forward consumer and commercial bank with approximately $18.8 billion in assets, is building upon its national recognition for providing innovative banking products and services to commercial clients to advance its national expansion. The next phase of the expansion includes opening a new […]

Plunk Raises Oversubscribed $6.5M Seed Round

Proptech startup helping homeowners grow their home’s value through renovation projects secures broad support from investors across residential real estate and tech BELLEVUE, Wash.–(BUSINESS WIRE)–Plunk, the first mobile app using AI and machine-learning to help homeowners make smarter decisions to increase their home’s value, today announced it has closed an oversubscribed $6.5 million in seed […]

 HighRadius Launches the GBS Masterminds Podcast Featuring Insights from Industry Leaders from PepsiCo, Kellogg Company, Kimberly-Clark and more

 Founder & CEO Sashi Narahari interviews Global Business Service Leaders, who share stories of business transformation and building world-class shared service organizations HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, today announced the launch of GBS Masterminds, a new podcast for Global Business Services leaders featuring insights on innovation strategy and digital […]

Vericast Introduces Unique Solution Connecting Consumers with Banking Products

Account Advisor, Powered by Ignite Sales, Guides Financial Wellness Through Dynamic Dialogue SAN ANTONIO–(BUSINESS WIRE)–Vericast, a leading marketing solutions company, together with its Harland Clarke line of customer experience solutions, today introduces Account Advisor, which uniquely matches customer needs with relevant financial products. This best-in-class customer engagement platform, powered by Ignite Sales, Inc., guides consumers […]

Fiserv and State Farm® Speed Fire and Auto Claim Payments with Digital Payout Solution

Customers will be able to access funds quickly and select how they are received Payout capabilities are part of the Fiserv omnichannel commerce ecosystem BROOKFIELD, Wis.–(BUSINESS WIRE)–State Farm, the largest insurer of cars and homes in the nation, is accelerating the claims payout process for customers with technology from Fiserv, Inc. (NASDAQ: FISV), a leading […]

SRAX Expands Team to Build the Sequire Investor Community

LOS ANGELES–(BUSINESS WIRE)–#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 development of the Sequire Investor Community, an information hub and interactive environment for a network of investors. The Sequire Investor Community is looking to connect more than 5 […]

FLEETCOR® Signs Joint Venture Agreement With CAIXA, Brazil’s Largest Bank, to Distribute Its Electronic Payment Solutions

Agreement Makes FLEETCOR Payment Solutions Available to 146 Million CAIXA Customers ATLANTA–(BUSINESS WIRE)–FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the signing of a joint venture in Brazil between its local subsidiaries and CAIXA, the country’s largest bank. FLEETCOR® partnered with VR Benefícios, a Brazilian leader in meal and food […]

Generali Greece Accelerates Life Insurance Signing Process with OneSpan Sign

OneSpan’s e-signatures help leading European insurance company grow business during COVID-19 pandemic CHICAGO & ATHENS, Greece–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Generali Hellas has implemented OneSpan Sign electronic signatures to meet regulatory compliance requirements and help speed up its end-to-end signing process for life insurance policies. […]

ACI Worldwide Powers Payments Innovation for KNET

National Kuwaiti Banking Company (KNET) utilizes ACI Enterprise Payments Platform to introduce new innovative, digital payments services for its banking customers MIAMI & LONDON–(BUSINESS WIRE)–#aci—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it has expanded its partnership with KNET, Kuwait’s national electronic banking company, to […]

REPAY to Acquire Integrated Payments Provider BillingTree for $503 Million

Acquisition Further Expands REPAY’s Footprint and Provider-of-Choice Positioning in Healthcare, Credit Unions, and Accounts Receivable Management ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced it has signed a definitive agreement to acquire BillingTree for approximately $503 million. The acquisition will be financed with approximately $275 million in […]

Say Goodbye to PIN Numbers, SmartMetric Reports Increased Interest in Its Biometric Credit Card in the Age of Demand for No-Touch Solutions at the Checkout

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): The Corona-19 virus has made dramatic changes to the way we work and play. Not surprisingly it has also impacted how we pay. The old and arguably very insecure PIN number used to verify the identity of a debit card user at the checkout or the need to use […]

eMaxx Expands Platform for Insurance Companies to Enter Variable Cost Captive Market

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, an InsurTech commercial managing general agent specializing in alternative risk, announced today the expansion of its turnkey platform for insurance companies to enter the variable cost captive market. eMaxx provides a platform that includes technology, product development, marketing, sales support, administration and can assume quota share excess of loss (XOL) reinsurance. Insurance […]

Q2 and Moven to Showcase New Bank-in-a-Box Solution at the FinovateSpring Event

New Turnkey Solution Allows Financial Institutions to Compete with Challenger Banks by Deploying a Bank-in-a-Box in 30 days; New Solution to be Demoed at the FinovateSpring Virtual Event AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its participation with mobile financial service provider Moven […]

BluePallet Exits Stealth Mode To Launch Online Marketplace Backed By The Chemical Industry

The market network, forged by the merger of EchoSystem and B2B FinTech engine Velloci, connects buyers and sellers seeking critical goods CHICAGO–(BUSINESS WIRE)–#chemicalindustry–BluePallet, a digital marketplace built with the support of The National Association of Chemical Distributors (NACD) and backed by major industry players, today announced it has exited stealth mode. The online market network […]

Jack Henry and Akoya Offer 4.8 Million Financial Institution Customers API-Based Access to Their Financial Data

• Jack Henry is the first core provider and open digital banking platform to join the Akoya Data Access Network • Fintech apps and services can now connect to more than 400 banks and credit unions through secure API connections BOSTON–(BUSINESS WIRE)–Akoya LLC announced today that Jack Henry & Associates, Inc. has joined the Akoya […]

Kava Announces Kava Swap, a Liquidity Hub Bridging DeFi, Blockchains, and Financial Services

SAN FRANCISCO–(BUSINESS WIRE)–$HARD #HARD–Kava Labs announced its next project, Kava Swap, the first production ready cross-chain liquidity hub for all DeFi apps and financial services. Designed to enable the aggregation of capital where it can be deployed seamlessly across different blockchain ecosystems, DeFi Apps, and Financial Services, Kava’s new protocol will give traders and liquidity […]

Tampnet Carrier Optimises Stockholm-London Route for Enhanced Ultra-Low Latency Connectivity

STAVANGER, Norway–(BUSINESS WIRE)–#Datacentre—Tampnet, a global leader in providing high capacity, low latency connectivity to onshore and offshore installations, today announces it has optimised its Stockholm-London network route enabling ultra-low latency (ULL) connectivity between Digiplex, Upplands Väsby, Stockholm and Interxion LON1, London data centres across its wholly owned and operated subsea cable, Tampnet South. Tampnet builds, […]

Disruptive.Asia Finds China Advances Chip Self-Sufficiency Amid Global Semiconductor Shortage

LONDON–(BUSINESS WIRE)–Disruptive.Asia comments that a global shortage of semiconductors is expected to last until at least next year, which – along with geopolitical tensions, COVID-19 and other factors – has shone a spotlight on the vulnerability of the world’s semiconductor supply chain. While that’s encouraging various countries to beef up their domestic chipmaking capabilities – […]

EML & Fupay Join Forces To Launch Europe’s First Responsible BNPL-as-a-Service Product Attached To A Virtual Card

Fupay is a leader in its field, providing cash flow management and millennial credit products to the Australian market and now has Europe and the UK in its sights BRISBANE, Australia–(BUSINESS WIRE)–EML Payments Limited (ASX: EML) (S&P/ASX 200) continues its evolution as one of the world’s most diversified payments and digital banking enablers. EML powers […]