Business Wire

ADDING MULTIMEDIA FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy thumbnail

ADDING MULTIMEDIA FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy

$50 Million Earmarked for Decentralized Finance NEW YORK–(BUSINESS WIRE)–FinTech Collective, a venture capital firm focused on creating the future of financial services by investing across traditional fintech and emerging digital assets, today announced fundraises for its existing early-stage strategy and for its new strategy focused on decentralized finance (DeFi). FinTech Collective raised a combined $250 […]

Better Expands Real Estate Services to Alabama and Michigan, Further Developing Nationwide Adoption of its End-to-End Digital Homeownership Platform thumbnail

Better Expands Real Estate Services to Alabama and Michigan, Further Developing Nationwide Adoption of its End-to-End Digital Homeownership Platform

Expansion Marks the 16th State in Better Real Estate’s Rapid Growth and Comes on the Heels of Surpassing 250 Full-Time Salaried Agents, with Plans to Hire 500 by November NEW YORK–(BUSINESS WIRE)–Better, one of the fastest-growing digital homeownership companies in the United States, announced today the expansion of its real estate arm, Better Real Estate […]

Frontier Investment Corp Announces that its Ordinary Shares and Warrants to Commence Separate Trading on or about August 21, 2021

Frontier Investment Corp Announces that its Ordinary Shares and Warrants to Commence Separate Trading on or about August 21, 2021

NEW YORK–(BUSINESS WIRE)–Frontier Investment Corp. (“the Company” or “Frontier”) (NASDAQ: FICVU), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced that holders of the Company’s units may elect to separately trade the ordinary […]

Best’s Review Pre-Releases September Content thumbnail

Best’s Review Pre-Releases September Content

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review has released preview content of next month’s issue. Find out what is covered in September’s Best’s Review: In “The Evolution of Work: Our Post-Pandemic Return to the Office,” Tony Kuczinski, chief executive officer of Munich Re U.S. P&C, discusses some of the issues facing insurers as companies begin to consider plans […]

Flueid Awarded Patent for Its Leading Real Estate Transaction Technology thumbnail

Flueid Awarded Patent for Its Leading Real Estate Transaction Technology

The patented Flueid Decision platform features a multi-tenant architecture that delivers greater control and security for clients over their transaction workflow. Released in mid-2020, the Flueid Decision platform is the only independent system that embeds data and insights on title search decisions into core operating systems to fuel expedited decision-making across key milestones in the […]

Nerve, World’s First Neobank Created for Musicians Launched thumbnail

Nerve, World’s First Neobank Created for Musicians Launched

— Mobile application merges data from streaming revenue sources, meets unique business needs of music professionals — See: https://youtu.be/w6VD6GaagVg AUSTIN, Texas–(BUSINESS WIRE)–#bankformusicians–The music business deserves music banking. Today, Nerve announces the first neobank created specifically for musicians. Nerve’s revolutionary mobile app merges user experience and financial technologies to help artists build stronger communities and sustainable […]

Orion Offers Free Financial Planning Tech For All Advisors With Pro Bono Clients thumbnail

Orion Offers Free Financial Planning Tech For All Advisors With Pro Bono Clients

Zero-cost planning tools and data aggregation help advisors volunteer life-changing service OMAHA, Neb.–(BUSINESS WIRE)–To encourage advisors to volunteer their expertise in a time of extraordinary need, Orion Advisor Solutions now offers Orion Planning, an intuitive, modern financial planning tool for advisors, free of charge to all advisors serving pro bono clients, regardless of whether they […]

Morgan Stanley Selects 8 Startups for 6th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

Morgan Stanley Selects 8 Startups for 6th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

The Summer 2021 Multicultural Innovation Lab (MCIL) Cohort includes the following companies that have innovative strategies across sectors such as fintech, healthcare, media, marketplace, retail tech and enterprise software: Cognicor, Fyt Personal Training, Lifesaver, MedTrans Go, Playlister Club, Productions.com, Sozie and Stimulus MCIL portfolio companies reach a $450M+ combined valuation and have raised $80M+ in […]

Bank of America Sets Company Record for Patents Granted During First Half of 2021 thumbnail

Bank of America Sets Company Record for Patents Granted During First Half of 2021

One of the company’s employees who was among those granted patents is one of the top inventors in the world CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it has recorded the most patents granted in the first half of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents […]

Guidewire Acquires HazardHub, a Leading Insurtech Provider of API-Driven Property Risk Insights thumbnail

Guidewire Acquires HazardHub, a Leading Insurtech Provider of API-Driven Property Risk Insights

HazardHub’s unique risk API service, derived from comprehensive U.S. property and hazard data, enhances the power of the Guidewire Platform and accelerates innovation in the P&C Industry SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #SaaS–Guidewire Software, Inc. (NYSE: GWRE) has acquired HazardHub, a leading insurtech provider of API-driven property risk insights to the P&C insurance industry. HazardHub powers […]

Mosaic Insurance and DXC Technology Launch Innovative Technology Platform for Specialty Insurance thumbnail

Mosaic Insurance and DXC Technology Launch Innovative Technology Platform for Specialty Insurance

Artificial intelligence underwriting support, blockchain-enabled access to real-time data, and advanced automation will significantly increase the speed at which specialty insurance can be sold, underwritten and serviced HAMILTON, Bermuda & TYSONS, Va.–(BUSINESS WIRE)–Mosaic Insurance and DXC Technology (NYSE: DXC) today announced the successful launch of an innovative new insurance technology platform that increases the speed […]

FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy thumbnail

FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy

$50 Million Earmarked for Decentralized Finance NEW YORK–(BUSINESS WIRE)–FinTech Collective, a venture capital firm focused on creating the future of financial services by investing across traditional fintech and emerging digital assets, today announced fundraises for its existing early-stage strategy and for its new strategy focused on decentralized finance (DeFi). FinTech Collective raised a combined $250 […]

Adastra and PaymentComponents Partner to Offer Transformative Open Banking and Payments Solutions in Canada and the USA thumbnail

Adastra and PaymentComponents Partner to Offer Transformative Open Banking and Payments Solutions in Canada and the USA

TORONTO–(BUSINESS WIRE)–Adastra, a leading Global Data & Analytics solutions provider, and PaymentComponents, a global leader in B2B payments and fintech solutions, have entered into a strategic alliance to enable Open Banking and Payments Capabilities in Canada and the USA. Open Banking, a growing global standard in the industry, provides financial institutions open access to customer […]

AmerisourceBergen Adds FirstView Financial to its Suite of Manufacturer Solutions thumbnail

AmerisourceBergen Adds FirstView Financial to its Suite of Manufacturer Solutions

Addition of FirstView positions AmerisourceBergen to meet the increased demand for patient support and healthcare solutions as waves of specialty products enter the market CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–AmerisourceBergen, a global healthcare company, bolstered its suite of manufacturer solutions through the addition of FirstView Financial (FirstView), a fintech solutions provider that delivers innovative digital payment processing services […]

While Many U.S. Credit Card Issuers Struggle to Meet Evolving Customer Expectations, Some Bright Spots Exist, J.D. Power Finds thumbnail

While Many U.S. Credit Card Issuers Struggle to Meet Evolving Customer Expectations, Some Bright Spots Exist, J.D. Power Finds

American Express Ranks Highest in Overall Customer Satisfaction among National Credit Card Issuers; First-Time Study Entrant Goldman Sachs Ranks Highest among Midsize Issuers TROY, Mich.–(BUSINESS WIRE)–Increased financial stress, lack of responsiveness and misaligned terms and rewards have created a recipe for declining customer satisfaction with credit card issuers. According to the J.D. Power 2021 U.S. […]

OpenLegacy to Power Standard Chartered Bank Korea’s API Factory thumbnail

OpenLegacy to Power Standard Chartered Bank Korea’s API Factory

Provides SCB Korea with system APIs from OpenLegacy’s mainframe core banking application Extends SCB Korea’s business-critical core banking functionalities to the Internet banking service PRINCETON, N.J.–(BUSINESS WIRE)–#fintech—OpenLegacy, a pioneer in digital-driven integration for core legacy systems, has partnered with Standard Chartered Bank Korea (SCB Korea) to provide system APIs from its mainframe core banking application. […]

NASDAQ Congratulates Portfolio Insider: Among The Fastest Growing Fintechs In The U.S. thumbnail

NASDAQ Congratulates Portfolio Insider: Among The Fastest Growing Fintechs In The U.S.

Portfolio Insider leverages new language models for deep learning AI. NEW YORK–(BUSINESS WIRE)–$AAVE #ai—NASDAQ congratulated Portfolio Insider on the iconic MarketSite tower’s LED electronic video display in Times Square as among the fastest-growing Fintech companies in America. The hyper growing financial analytics company has democratized access to valuable financial data, delivering nearly anyone the same […]

Soda Health Launches, Bringing New Technology for Health Care Payments thumbnail

Soda Health Launches, Bringing New Technology for Health Care Payments

BENTONVILLE, Ark.–(BUSINESS WIRE)–#SDOH–Soda Health, a new company aiming to better align and personalize supplemental benefits with an individual’s health status and outcomes, officially launched today. Lightspeed Venture Partners and Define Ventures recently co-led a $6 million seed funding round, including investment from Qiming Venture Partners USA. Among its core solutions, Soda Health will provide health […]

TigerWit Opens Dubai Office to Provide In-Person Access to Financial Services thumbnail

TigerWit Opens Dubai Office to Provide In-Person Access to Financial Services

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#Affiliates–Global Fintech service provider, TigerWit, has today announced the grand opening of the sales and customer service centre in Dubai, UAE. The move to expand their services further in the region comes as they received their licence to serve and cater for individuals and entities looking to add exposure to global […]

SmartMetric Says the Latest Data Theft From T-Mobile Servers Has Shown the Need to Adopt Live Real-Time Biometrics for Financial Services Including Credit Cards thumbnail

SmartMetric Says the Latest Data Theft From T-Mobile Servers Has Shown the Need to Adopt Live Real-Time Biometrics for Financial Services Including Credit Cards

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME), manufacturer of fingerprint biometric secured credit and debit cards, today commented on the T-Mobile data breach. A dark web seller has offered for sale in exchange for bitcoin, 100 million personal records stolen from T-Mobile data systems. The most worrying part of this data theft is the breadth of […]

Insurance Technologies Integrates RGAX AURA NEXT Into the FireLight® Sales Platform Enabling Immediate Underwriting Decisions thumbnail

Insurance Technologies Integrates RGAX AURA NEXT Into the FireLight® Sales Platform Enabling Immediate Underwriting Decisions

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#InsurTech–Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the life and annuities insurance industries, announces that it has partnered with RGAX LLC to integrate AURA NEXT with the FireLight® Sales Platform, delivering automated and accelerated underwriting upfront in the application process for life insurance sales. RGAX’s automated underwriting […]

Cantaloupe Innovation Summit 2021 Showcases New Products and Services thumbnail

Cantaloupe Innovation Summit 2021 Showcases New Products and Services

Unveils Next-Generation Consumer Payment Experiences, Optimized Solutions to Drive Operational Benefits NEW ORLEANS–(BUSINESS WIRE)–$CTLP #CantaloupeAtNAMA—The NAMA Show 2021 – Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the successful outcome of its first ever Innovation Summit, […]

More Than 70% of Hispanic Millennials Providing Financial Support to Family Members – With Many Increasing Their Support During the Pandemic thumbnail

More Than 70% of Hispanic Millennials Providing Financial Support to Family Members – With Many Increasing Their Support During the Pandemic

Bank of America Better Money Habits Research Finds That While Nearly Half of Hispanic Millennials Have Saved Less Than $1,000 During This Time, Many Are Starting Emergency Funds and Taking Steps Toward a More Secure Financial Future CHARLOTTE, N.C.–(BUSINESS WIRE)–As Hispanic millennials continue to weather significant financial impacts from the pandemic, nearly three-quarters (72%) are […]

myPOS Offers SMEs a Free Online Store to Propel Sales in Uncertain Times thumbnail

myPOS Offers SMEs a Free Online Store to Propel Sales in Uncertain Times

LONDON–(BUSINESS WIRE)–#business–Business owners can now launch their online store effortlessly and only pay when they make a sale, thanks to award-winning fintech myPOS. The new service – called myPOS Online – offers a complete set of features, including pre-designed store templates, hosting, customization, inventory tracking, secure checkout, shipping options, in-store pick up and even tools […]

CSI Launches Registration for TechX thumbnail

CSI Launches Registration for TechX

Inaugural product showcase focuses on CSI’s product launches, roadmap PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has launched registration for TechX, to be held Sept. 14-15. The inaugural product showcase will explore CSI’s latest solutions and upcoming product launches and offer a deep dive into its […]

TurnKey Lender Partners with Flinks to Provide the Most Powerful Data Available for Instant Lending Decisions thumbnail

TurnKey Lender Partners with Flinks to Provide the Most Powerful Data Available for Instant Lending Decisions

AUSTIN, Texas–(BUSINESS WIRE)–TurnKey Lender, an award-winning provider of credit decisioning, lending automation, and risk management software, and Flinks, the industry-leading financial data enrichment and connectivity platform, announce a partnership to equip lenders with real-time, actionable data and AI-driven bank statement analysis. The two companies will bring together Flinks’ ability to connect accounts and enrich data […]

Leading Global Technology Group GLORY to Become Cornerstone Investor in UK-based Shared Bank Branch Innovator OneBanks thumbnail

Leading Global Technology Group GLORY to Become Cornerstone Investor in UK-based Shared Bank Branch Innovator OneBanks

Glory invests in OneBanks to acquire a significant minority stake Investment will underpin OneBanks’ ambitions to play a leading role in the delivery of everyday banking services in the UK Javed Anjum to join OneBanks’ Board of Directors as designated representative of Glory Jonathan Hughes to become Executive Chairman of OneBanks BASINGSTOKE, England–(BUSINESS WIRE)–#accesstocash–GLORY LTD. […]

DataArt Appears on the Inc. 5000 — America’s Fastest-Growing Private Companies thumbnail

DataArt Appears on the Inc. 5000 — America’s Fastest-Growing Private Companies

NEW YORK–(BUSINESS WIRE)–#finance—Inc. magazine today revealed that DataArt has been included on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and […]

APOLLO Insurance and LetUs by RentMoola Partner to Offer Canadian Consumers Access to Integrated Digital Insurance thumbnail

APOLLO Insurance and LetUs by RentMoola Partner to Offer Canadian Consumers Access to Integrated Digital Insurance

VANCOUVER, British Columbia–(BUSINESS WIRE)–#ToTheMoon–APOLLO Insurance, Canada’s leading online insurance provider, has partnered with LetUs by RentMoola to offer access to immediate digital insurance products that are specifically tailored to the thousands of tenants and landlords who visit their website each month. Launched in 2019, APOLLO Insurance now offers the largest selection of online insurance in […]

Tend Launches an All-in-One Banking Collective App in the US and Mexico thumbnail

Tend Launches an All-in-One Banking Collective App in the US and Mexico

A new kind of personal finance membership empowers people through community, co-creation and rewards AUSTIN, Texas–(BUSINESS WIRE)–#Tend—Tend, a next-generation personal finance platform committed to making access to financial well-being better for everyone, has officially launched in the U.S. and Mexico. The membership model combines financial technology with social interaction to make accessing, moving and growing […]

LeaseLock Zero Deposit Insurtech Enhances Leasing Funnel Performance for Strata Equity Group thumbnail

LeaseLock Zero Deposit Insurtech Enhances Leasing Funnel Performance for Strata Equity Group

Integrated deposit replacement technology improves lead-to-application, lead-to-lease and closing rates LOS ANGELES–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced 120-day performance results from Strata Equity Group’s deployment of LeaseLock Zero Deposit™ across their nationwide portfolio of more than 20,000 units. Strata is experiencing improved leasing funnel performance by replacing deposits with […]

AffiniPay Recognized for 10th Year as a Fastest-Growing Private Company on Inc. 5000 List thumbnail

AffiniPay Recognized for 10th Year as a Fastest-Growing Private Company on Inc. 5000 List

Austin Fintech Leader Achieves Five-Year Revenue Growth of 210 Percent Supporting Payments for Legal, Accounting, Architecture, and Association Professionals AUSTIN, Texas–(BUSINESS WIRE)–For the tenth consecutive year, AffiniPay has been named to Inc. Magazine’s annual Inc. 5000 list of the fastest-growing, privately held companies in America. Seeing a five-year revenue growth of 210%, AffiniPay continues its […]

ICE Mortgage Technology Enhances Encompass® Platform Enabling Lenders to Stay Ahead of New Industry Rule thumbnail

ICE Mortgage Technology Enhances Encompass® Platform Enabling Lenders to Stay Ahead of New Industry Rule

Latest Encompass 21.2 Release Supports Updated General Qualified Mortgage (QM) Final Rule 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 announced that the industry’s leading solution for mortgage lenders and correspondent investors released additional enhancements to the Encompass® platform. The […]

Cantaloupe, Inc. Acquires Micro-Market Innovator Yoke Payments™ thumbnail

Cantaloupe, Inc. Acquires Micro-Market Innovator Yoke Payments™

Extends Cantaloupe’s Fully Integrated Seed Markets Platform to Point-of-Sale NEW ORLEANS–(BUSINESS WIRE)–$CTLP #CantaloupeAtNAMA—The NAMA Show 2021 — Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced it has acquired the assets of Delicious Nutritious LLC, dba Yoke […]

Europe’s Leading Information Security Analyst Firm Recognizes OneSpan as an Overall Leader for Fraud Reduction Technologies thumbnail

Europe’s Leading Information Security Analyst Firm Recognizes OneSpan as an Overall Leader for Fraud Reduction Technologies

OneSpan excels in product, innovation and market categories in KuppingerCole’s Leadership Compass for Fraud Reduction Intelligence Platforms CHICAGO–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in digital banking security and e-signatures, today announced that it has been named an Overall Leader in the KuppingerCole report Leadership Compass for Fraud Reduction Intelligence Platforms. The report ranks OneSpan […]

Neo Financial Establishes a Second Headquarters in Winnipeg thumbnail

Neo Financial Establishes a Second Headquarters in Winnipeg

SkipTheDishes Founders return to Winnipeg to build a second headquarters for Neo Financial, adding over 300 new technology jobs WINNIPEG, Manitoba–(BUSINESS WIRE)–Today, Neo Financial (Neo), a financial technology company created by two of the co-founders of SkipTheDishes, announced it has acquired new office space in Winnipeg’s Exchange District to build a second headquarters that will […]

ACI Worldwide Joins the Fuels Institute thumbnail

ACI Worldwide Joins the Fuels Institute

As a member of the Institute’s Electric Vehicle Council, ACI to contribute payments insights to rapidly growing EV market MIAMI–(BUSINESS WIRE)–#aci—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it has joined the Fuels Institute, a nonprofit dedicated to evaluating issues affecting the vehicles and fuels markets. […]

Austin Chamber’s Opportunity Austin and Green Dot Corporation Announce Headquarters Relocation for Fintech Pioneer & Digital Bank thumbnail

Austin Chamber’s Opportunity Austin and Green Dot Corporation Announce Headquarters Relocation for Fintech Pioneer & Digital Bank

Green Dot to establish Austin-based HQ as it grows tech workforce and embraces “Work from Anywhere” model PASADENA, Calif.–(BUSINESS WIRE)–#fintech–Green Dot Corporation (NYSE: GDOT) and Opportunity Austin, the Greater Austin Chamber’s five-county prosperity initiative, today announced plans for the digital bank and financial technology company to relocate its corporate headquarters to Austin, TX. “We are […]

OneBlinc Launches New OneBlinc Debit Mastercard to Offer Fair Financing Products for Underserved Customers thumbnail

OneBlinc Launches New OneBlinc Debit Mastercard to Offer Fair Financing Products for Underserved Customers

New checking and debit features offer more options, better financial planning tools as part of nationwide expansion MIAMI–(BUSINESS WIRE)–OneBlinc announced today the launch of its new debit card, powered by the Mastercard network, which offers fair financing options to the over 22% of U.S. households that are unbanked or underbanked – according to a report […]

Nexa Equity Announces Majority Growth Investment in AutoReturn, Leading Towing and Parking Enforcement Platform thumbnail

Nexa Equity Announces Majority Growth Investment in AutoReturn, Leading Towing and Parking Enforcement Platform

Investment will accelerate adoption of AutoReturn’s technology in the U.S., further expand international presence and provide capital for M&A SAN FRANCISCO–(BUSINESS WIRE)–Nexa Equity LLC, a private equity firm focused on rapidly scaling lower middle market software and fintech businesses, today announced that it has made a majority growth investment in AutoReturn, a leading provider of […]

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