Business Wire


Crypto Firm BCB Group Implements Robust AML Compliance Technology With Napier

LONDON–(BUSINESS WIRE)–RegTech company and provider of advanced anti-financial crime compliance solutions, Napier, has announced that its sophisticated AI-enhanced technology has been chosen by BCB Group, a crypto-dedicated provider of payments, business accounts and trading services for the digital asset economy. BCB Group will use Napier’s Transaction Screening and Transaction Monitoring tools to flag any suspicious […]

Weatherford Capital Announces $355 Million First Fund

Firm’s Fund I closes well above target TAMPA, Fla.–(BUSINESS WIRE)–Weatherford Capital, a leading private investment firm, announced today it has closed Weatherford Capital Fund I. The Fund closed oversubscribed with $355 million in commitments from a diverse group of investors who share our vision that together we can accomplish more, making a positive impact on […]

OppFi Releases Inaugural Social Impact Report

Report demonstrates how OppFi is furthering credit access and improving financial health for everyday consumers CHICAGO–(BUSINESS WIRE)–$OPFI #FinancialInclusion–OppFi Inc. (NYSE: OPFI) today released its 2020 Social Impact Report as part of the company’s ongoing efforts to measure the financial impact of products and services on the OppFi platform. This inaugural report showcases 2020 data outlining […]

EMTECH and Global InfoSwift Consulting (GIC) Partner to Provide Capacity Building on CBDC, Regulatory Sandbox and Open Banking for Nigerian Financial Regulators and Financial Services Providers

EMTECH and GIC ‘Capacity Building Program’ partnership will drive innovation and collaboration in the Nigerian financial services regulatory environment NEW YORK & LAGOS, Nigeria–(BUSINESS WIRE)–#bitcoin–EMTECH, a Fintech for Central Banks, and Global InfoSwift (GIC) today announced a new Nigeria-based partnership to deliver capacity building in three core and interrelated areas: Central Bank Digital Currency (CBDC), […]

Razer Launches Cortex Instant Games – A Tournament Platform With Hundreds of Casual Games for Mobile Devices and PC

More than 100 games will be available at launch, including an exclusive Instant Game featuring Sneki Snek, Razer’s fan-favorite sustainability mascot. Gamers can compete in a range of free-play tournaments for a chance to win Razer Silver. IRVINE, Calif.–(BUSINESS WIRE)–#mobile–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the […]

Western Union Business Solutions to be Renamed Convera at Acquisition Closing

Fintech veteran Patrick Gauthier joins as future CEO along with additional senior executives Launch of Convera follows announced acquisition of B2B payments and foreign exchange solutions division of Western Union for $910 million by Goldfinch Partners and The Baupost Group SEATTLE–(BUSINESS WIRE)–Patrick Gauthier, who most recently served as Head of Amazon Pay, was today announced […]

Veriti’s Direct Indexing Solution Approaches One Billion in Assets Under Management in Less Than 3 Years

Direct indexing platform, launched in 2018, delivers innovative, tech-forward portfolio management with robust analytics and optimization capabilities BOSTON–(BUSINESS WIRE)–#DirectIndexing—Veriti Management LLC (Veriti), a direct indexing asset management and financial technology company, is pleased to announce that it has crossed $900,000,000 in assets under management (AUM) earlier this summer. At the same time during the first […]

Veridian Credit Union Partners With Alacriti for Real-Time Payments and Fedwire Modernization

PISCATAWAY, N.J.–(BUSINESS WIRE)–#digitalexperiences—Veridian Credit Union, a full-service financial cooperative with $5.5 billion in assets and more than 260,000 members, has selected Alacriti, an innovator in cloud-based payments and money movement services, as the platform provider that Veridian will use to enable real-time payments over The Clearing House’s (TCH) RTP® network and to accelerate their Fedwire […]

LifeSaver Mobile Receives Zebra Technologies ISV Partner Validation

LifeSaver Mobile’s Innovative Fleet Safety Solution Has Been Validated at Zebra’s Solutions Center to Help Improve Driver Safety SAN JOSE, Calif.–(BUSINESS WIRE)–#DistractedDriving—LifeSaver Mobile today announced it has successfully completed Zebra Technologies’ Validated Program for its innovative fleet safety solution. This designation indicates to customers and partners that LifeSaver Mobile, a Zebra PartnerConnect Registered Independent Software […]

SmartHop and Parade Expand Integration to Democratize Digital Brokerage Access

With bi-directional integration, digitally enabled brokers using Parade can interface directly with carriers, SmartHop owner-operators gain access to more high-quality loads MIAMI & SAN FRANCISCO–(BUSINESS WIRE)–SmartHop, the total dispatch solution that enables businesses to truck smarter not harder, and Parade, the leader in capacity management, today announced an expansion of their partnership that offers direct […]

HSB Sponsors IoT Lab at University of Hartford

IoT lab located within a new advanced engineering building UHart students will train with sensors and connectivity HSB gift encourages students to pursue careers in technology “Preparing for the Jobs and Challenges of the Future” HARTFORD, Conn.–(BUSINESS WIRE)–#IoT–HSB, a specialty insurer and provider of technology services, will sponsor an Internet of Things (IoT) laboratory within […]

Givinga Partners with PlanSource to Offer Charitable Giving Capabilities through Leading Benefits Platform

The partnership provides employer groups of all sizes access to Givinga’s Philantech cloud technology, unleashing the power of modern philanthropic giving in the workplace BOSTON–(BUSINESS WIRE)–#Philantech—Givinga announced today a partnership with PlanSource, a leading provider of cloud-based benefits administration technology, to offer HR teams a wide range of charitable giving capabilities for their employees. As […]

Global Money Management Service Provider Blackcatcard is Launching Its Services in the European Market

GZIRA, Malta–(BUSINESS WIRE)–Blackcatcard is a money management service created with the goal of providing a state-of-the-art payments’ product for a global audience, without the limitation of jurisdictions. The platform offers digital and physical Mastercard payment cards that can be accepted at any ATM or payment terminal that works with Mastercard. Each card is tied to […]

Carvana and Root, Inc. Exclusively Partner to Develop Industry-First Integrated Auto Insurance Solutions for Carvana Customers

Carvana to invest approximately $126 million in leading insurtech Root, Inc. PHOENIX & COLUMBUS, Ohio–(BUSINESS WIRE)–Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance […]

Two Leading Insurtech Companies for In-Home Care and Caregiver Support Partner To Provide A Comprehensive Aging-In-Place Program

AUSTIN, Texas–(BUSINESS WIRE)–#informalcaregiver—The Helper Bees (THB), an industry-leading insurtech company providing the largest payers of home care with the nation’s most comprehensive aging-in-place platform, today announced a newly founded partnership with TCARE. TCARE is the only evidence-based, CMS-approved and ACL-accredited solution to prevent informal caregiver burnout. According to a 2020 report from AARP, there are […]

Questica Partners with WSIPC to Support K-12 Organizations

Contract vehicle will make it easier and more affordable for K-12 schools and public agencies to adopt modern budgeting software and services solutions BOSTON–(BUSINESS WIRE)–#K12—Questica Inc., the leading provider of public sector budgeting solutions, today announced it has been named an awarded vendor by WSIPC RFP 21-01 for computer software, licenses and services to K-12 […]

StoryTrading Partners with Benzinga to Integrate Social Investing App with High-Quality, Market-Moving Information

— StoryTrading Signs First Data Partnership as Platform Continues to Gain Traction — — Benzinga Data Feeds Enhance Research for StoryTrading Investor-Trader Community — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders understand the story behind the trade, today announced it has partnered with financial news and analysis service […]

EY Announces Bill Capuzzi of Apex Fintech Solutions LLC as an Entrepreneur Of The Year® 2021 Southwest Award Winner

DALLAS–(BUSINESS WIRE)–Ernst & Young LLP (EY US) today announced that CEO Bill Capuzzi of Apex Fintech Solutions LLC was named an Entrepreneur Of The Year® 2021 Southwest Award winner. The annual Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. The award recognizes those […]

RappiPay Generates 179% Uplift in Conversion Rates by Trusting AI to Deliver Faster, Better Messages

How RappiPay Uses the a Language Personalization Platform to Generate Better Words and Drive Certainty into their Marketing Efforts NEW YORK–(BUSINESS WIRE)–#AI–Persado, the leading AI content generation and decisioning platform, announced the initial results of its work with digital banking company RappiPay. The collaboration drove triple-digit conversion rates for RappiPay by leveraging the Persado AI […]

Capitalize to Become First Retirement Resource for The Financial Gym

In the Wake of the Great Resignation, the Partnership Will Help Clients Find and Roll Over 401(k) Accounts to Maximize Savings NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and The Financial Gym, a personal financial services company that takes a fitness-inspired approach to its clients’ finances, today announced a new partnership […]

ICE and risQ Introduce Social Impact Scores

Data helps investors quantify social impact of investments across different communities ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, and risQ, a Boston-based startup focused on geospatial climate, economic and demographic data, today announced the launch of a new data service that was designed […]

Options and Quercus Technology Group Announce Global Partnership

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced a partnership with Quercus Technology Group, enabling cloud and application optimisation services for industry leading Tier 1 electronic trading applications and Capital Markets solutions. The partnership creates a unique offering that combines domain […]

ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money

The all-in-one payments, invoicing, and expense tracking app makes getting paid and managing finances a Zen experience for the smallest of business owners AUSTIN, Texas–(BUSINESS WIRE)–#ZenBusiness—ZenBusiness, a one-stop business management platform with the mission to make starting, running, and growing a successful business simple and accessible, today introduced ZenBusiness Money, an all-inclusive payments and invoicing […]

OwnBackup Approaches $3.35 Billion Valuation with Series E Investment; Expands its Leading Cloud-to-Cloud Data Protection to Microsoft

The company’s latest funding round includes investments from Alkeon Capital, B Capital Group, BlackRock Private Equity Partners, Tiger Global, Insight Partners, Salesforce Ventures, Sapphire Ventures, and Vertex Ventures ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–OwnBackup, a leading cloud data protection platform, today announced a Series E investment of $240 million co-led by Alkeon Capital and B Capital Group, […]

Majesco Launches Majesco ClaimVantage Connect Digital Portal

New portal enables customers to deliver a modern user experience that connects anytime, anywhere MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco ClaimVantage Connect, a new digital portal specific for customers using Majesco ClaimVantage solutions including claims, absence and accommodation management. The […]

MOCA Launches Mia, a Browser-Based Online Payment Assistant

The browser extension makes online payments more convenient and secure AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider, announced the launch of Mia, its online payment assistant browser extension. Mia can be downloaded for Chrome, Firefox, and Safari, and Internet Explorer and works through the browser to make online purchases with MOCA Cards […]

Seaboard Federal Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

BERKELEY, Calif–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking provider, announced that Seaboard Federal Credit Union ($181 million in assets), has selected EasyVest, Access Softek’s integrated robo-advisor solution, to provide automated investing solutions to members. EasyVest is a fully automated investment manager that seamlessly integrates with both online and mobile banking and gives credit union […]

Arkose Labs Introduces Industry’s First Warranty Against Credential Stuffing Attacks

The Credential Stuffing Warranty offers a commercial guarantee that covers customers up to $1 million SAN FRANCISCO–(BUSINESS WIRE)–Arkose Labs, provider of online fraud and abuse prevention technology, today unveiled an industry-first $1 million Credential Stuffing Warranty. This unprecedented vendor warranty offers a commercial guarantee against credential stuffing attacks, covering customers up to $1 million in […]

Cambridge Judge Business School Collaborates With Esme Learning to Launch Executive Education Online Programmes in Startup Funding, RegTech

Collaboration will produce immersive online executive education programmes that deliver rewarding and transformative career development across frontier fields LONDON & CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cambridge Judge Business School and Esme Learning, the AI-powered digital learning platform, have announced a collaboration to empower working professionals’ career development across frontier fields. The multi-year collaboration commences with two inaugural six-week […]

Record-Breaking VC Investment in Fintech in First Half of 2021

KPMG’s Pulse of Fintech reveals investment hit US$98 billion US$98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with $121.5 billion during all of 2020. Global VC investment in fintech reached a record $52.3 billion in H1’21 – more than doubling the $22.5 billion seen in H2’20. NEW YORK–(BUSINESS WIRE)–Overall global fintech […]

Cross-Border Payments Specialist ONEPIP Gains Competitive Edge With New Compliance Solutions From Napier

SINGAPORE–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, has announced that cross-border payment specialist ONEPIP will be using its technology as part of ONEPIP’s upgraded anti-money laundering (AML) controls. Napier’s AI-led Transaction Monitoring, Client Activity Review and Risk-Based Scorecard Review will give ONEPIP a systematic, intelligent review of all its transactions and […]

Silverfort Partners with IDSA to Build Awareness for Identity-based Zero Trust

Company will Work with the Identity Defined Security Alliance to Help Organizations Overcome Modern Authentication and Access Management Challenges BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#IAM—Silverfort, the unified identity protection company, today announced it has joined the Identity Defined Security Alliance (IDSA), a nonprofit that provides vendor-neutral resources to help organizations reduce the risk of a […]

Micropayment Platform Dropp Debuts, Putting Pay-as-You-Go Option in Reach of Both Merchants and Consumers

Dropp forms advisory board encompassing deep expertise in media, fintech, cloud computing and academia NEW YORK–(BUSINESS WIRE)–Dropp, the world’s first cost-effective digital micropayment transaction platform enabling payments both in FIAT ($USD) and cryptocurrency putting low payment options in reach of both merchants and consumers, makes its marketplace debut today. The company also announced the appointment […]

Janus Henderson to Offer Model Portfolios through Orion Portfolio Solutions

DENVER & OMAHA, Neb.–(BUSINESS WIRE)–Janus Henderson Investors today announced that a suite of three proprietary mutual fund driven model portfolios and two model-delivered separately managed accounts (SMA) are now available to financial advisors through Orion Portfolio Solutions (OPS), the premier turnkey asset management program (TAMP) of wealthtech platform leader Orion Advisor Solutions. OPS users can […]

NinjaTrader Announces FCM to Support Retail Futures Traders

FCM to Provide Simplified Access to the Global Futures Markets CHICAGO–(BUSINESS WIRE)–#futures–NinjaTrader Group, LLC, a leading provider of trading software and brokerage services, has announced the launch of NinjaTrader Clearing, LLC. As a non-clearing Futures Commission Merchant, NinjaTrader Clearing will deliver innovative Fintech services & a modern user experience for self-directed traders to cost-effectively access […]

InRoads Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–#artificialintelligence–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members. Founded in 1938 and headquartered in St. Helens, Ore., InRoads Credit Union has grown to support members across […]

Moove Raises $23 Million Series A Funding to Democratize Vehicle Ownership in Africa

African mobility fintech start up provides revenue-based vehicle financing, empowering individuals across Africa to own their own vehicle LAGOS, Nigeria–(BUSINESS WIRE)–Moove, an African mobility fintech, today announced that it has raised $23 million in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, […]

SIMON Reports Second Quarter Highlights

NEW YORK–(BUSINESS WIRE)–#fintech—SIMON Markets LLC (SIMON), a fintech company transforming the digital wealth management landscape for financial professionals through its leading platform for alternative investment solutions, today announced business highlights underscoring its continued growth during Q2 2021. The company reports year-over-year increases in revenue of +103%, volume of +137%, and usage of +74%, as compared […]

STP Investment Services Launches New Wealth Management-Focused Technology and Accompanying Service Offering

Backed by years of success providing outsourced operations to institutional and wealth management firms alike, STP debuts a set of features including new reporting methods and new integrations with established WealthTech powerhouses. WEST CHESTER, Penn.–(BUSINESS WIRE)–#BluePrint—STP Investment Services (STP), a global, end-to-end investment operations service provider that services more than $330 billion in total assets, […]