Business Wire


Axway Completes Acquisition of Sopra Banking Software

→ Birth of a new major player in enterprise software, achieving critical scale with a bold 2025 ambition of c.€700m revenue and c.€100m profit on operating activities1; → A secured leadership position, with unique strengths in banking and financial services, thanks to a diversified product portfolio extending across geographies, clients, and industries, capturing a variety […]

Qraft Technologies Announces its AI Technology will Power FSITC’s First Financial Quantitative Japan Fund

AI-Powered Fund is Designed to Capture Long-Term Growth Opportunities in the Japanese Market SEOUL, South Korea & TAIPEI, Taiwan–(BUSINESS WIRE)–#AI—Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, announced that First Securities Investment Trust Co., Ltd. (FSITC) has newly launched the First Financial Quantitative Japan Fund powered by Qraft’s AI models. The AI deployment […]

Ant International Collaborates with Brazilian Partners to Drive Financial Inclusion with Innovative Credit Tech Solutions

Ant International forms partnership with Dock to make credit services more inclusive by leveraging AI-driven technologies SÃO PAULO–(BUSINESS WIRE)–Ant International, a digital payment and financial technology leader, today announced its strategic initiative to provide AI-driven credit technology solutions designed to empower local partners and advance financial inclusions in Brazil. As a major milestone, Ant International […]

Securian Financial Expands Its Digital Lending Market Presence in Strategic Partnership With Fintech Aven

Securian Financial’s debt protection product now offered to Aven Home Card applicants ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial is expanding its commitment to the growing digital lending marketplace through a strategic partnership with Aven, a fintech company offering a consumer credit card backed by home equity—the Aven Home Card. Securian Financial’s debt protection product, which can […]

Breaking News: B2BROKER and Spotware Announce Full Integration of B2COPY with cTrader

DUBAI, United Arab Emirates–(BUSINESS WIRE)–B2BROKER, a leading technology provider and the developer of the advanced investment platform B2COPY, has announced the full integration of B2COPY with Spotware’s cTrader, the premium and first Open Trading Platform™. This cooperation allows brokers and traders on cTrader to utilise both the platform’s and B2COPY’s unique advantages for a better […]

justfly.com Launches ‘Pay by Bank’ Feature Powered by Accrue

New Feature Enhances Customer Experience with Seamless Payments and Exclusive Rewards MONTREAL–(BUSINESS WIRE)–Online travel agency justfly.com is excited to announce the launch of its new ‘Pay by Bank’ feature, powered by Accrue, a fintech company that enables partners to quickly launch customized banking, loyalty, and payment solutions. According to a justfly.com survey, 46% of Millennials […]

Mastercard Selects India for the Global Launch of Its Payment Passkey Service, Accelerating Secure Online Checkout for Millions of Shoppers

Payment passkeys speed up transactions using biometrics, enhancing security and convenience for consumers and businesses MUMBAI, India & PURCHASE, N.Y.–(BUSINESS WIRE)–During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India […]

HyperVerge Becomes Sole Company to Meet All DHS RIVTD Track 2 Benchmarks for Selfie-ID Match

PALO ALTO, Calif.–(BUSINESS WIRE)–#AI–HyperVerge is proud to be the only system to meet all benchmarks in the U.S. Department of Homeland Security Science and Technology Directorate’s (DHS S&T) Remote Identity Validation Technology Demonstration (RIVTD) Track 2 assessment. The RIVTD is the first of its kind assessment for testing remote identity verification systems, with the goal […]

Viamericas Partners with Paisamex to Expand Remittances to Mexico

MIAMI–(BUSINESS WIRE)–#fintech–Viamericas Corporation, a licensed, international remittance company, recently partnered with Paisamex to provide additional options for remittance beneficiaries to receive money in Mexico. This partnership will give Viamericas customers an expanded, fast and secure way to transfer money. Paisamex’s platform enables efficient international money transfer, allowing its customers to send money in minutes and […]

IAT Insurance Group Selects CLARA Analytics Claims DocIntel Pro to Augment Auto and General Liability Claims Processing

Powerful Generative AI Solution Poised to Drive Efficiencies and Reduce Costs SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI–Specialty property and casualty insurance carrier IAT Insurance Group has selected CLARA Analytics Claims Document Intelligence Pro (Claims DocIntel Pro) as its newest AI platform to support its auto and general liability claims process. Claims DocIntel Pro will be leveraged to help […]

MultiBank Group Receives ‘Top Regulated Forex Broker’ Award at Money Expo India 2024

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#MultiBank–MultiBank Group, one of the world’s largest financial derivatives institutions headquartered in Dubai, was honored with the ‘Top Regulated Forex Broker’ award at Money Expo India 2024, held in Mumbai. This prestigious accolade underscores MultiBank Group’s pivotal role in the financial sector, highlighting its commitment to regulatory excellence globally and client […]

Ant International Joins the Hong Kong Monetary Authority’s Project Ensemble Sandbox

Ant International’s participation in the Project Ensemble Sandbox will include a use case in tokenization for global liquidity management SINGAPORE & HONG KONG–(BUSINESS WIRE)–Ant International today announced its participation in the Hong Kong Monetary Authority’s (HKMA) Project Ensemble Sandbox, focusing on “Liquidity Management”, one of its four main themes. Launched in March this year, Project […]

Calque Launches Contingency Buster, a Faster, More Affordable Buy-Before-You-Sell Program

—Lenders Working With Calque Can Eliminate Home Sale Contingencies in 48 Business Hours Or Less— AUSTIN, Texas–(BUSINESS WIRE)–Calque, a leading fintech company specializing in innovative solutions for established lenders, announces the launch of its newest ‘buy before you sell’ program, the Contingency Buster. The Contingency Buster is designed for homeowners who want to quickly remove […]

AlphaPoint Integrates Polymesh as Blockchain of Choice for Tokenization of Real World Assets

ZUG, Switzerland–(BUSINESS WIRE)–Polymesh Association, the leader in real world asset tokenization and blockchain technology for capital markets, today announced that AlphaPoint, a leading global provider of digital asset infrastructure for exchanges, brokerages, payment networks, and banking, has partnered with Polymesh to offer the best and most efficient tokenization solution via an easy-to-use API. Polymesh Association […]

G2 Risk Solutions Unveils Revolutionary, Single-platform Solution for Seamlessly Integrating Merchant Risk Management

The industry’s only end-to-end merchant onboarding and monitoring solution that combines speed, accuracy, AI, a unified portal, and 20+ years of trusted data and deep expertise BURLINGAME, Calif.–(BUSINESS WIRE)–#AI—G2 Risk Solutions (G2RS), the global leader in risk and compliance business intelligence, today celebrates the release of the API version of its cornerstone product, advancing its […]

Fleet Pivots to Providing a Modern Commuter Benefits Management Platform to Businesses, Brings Total Investment to $5 Million

Fleet has successfully closed a $2.5 million seed round led by Congruent Ventures, aimed at expanding its scalable, low-cost solution to help employers engage employees and promote sustainable commuting habits. SAN FRANCISCO–(BUSINESS WIRE)–Fleet, a modern commuter benefits management platform, has announced the close of its $2.5 million seed round led by Congruent Ventures with the […]

Rellevate Announces Partnership with Mastercard to Advance Digital Payments Capabilities in the U.S. Public Sector

STAMFORD, Conn.–(BUSINESS WIRE)–#MastercardImpact–Rellevate, Inc., a fintech empowering consumers with innovative services for flexible money access, has announced a partnership with Mastercard to continue scaling payments and disbursements services in the public sector. Rellevate’s leading digital banking, disbursements, and wallet solutions are designed to unlock access to payments technology for underserved communities. With a suite of […]

Modular Water Systems Finds Market Traction for New "Mini-Pod" EveraTREAT MINI

Parallel assembly of multiple sub-units is similar to Tesla’s UNBOXED method CLEARWATER, Fla.–(BUSINESS WIRE)–$ocln #developers–Water On Demand (WODI), a subsidiary of OriginClear, Inc. (OTC Other: OCLN), announces that its Modular Water Systems™ (MWS) division has found market traction with its newly-launched EveraTREAT MINI product line, designed specifically for small wastewater treatment systems. Partners like Georgetown, […]

Vault Significantly Expands Payments Capabilities, Building Canada’s Smartest Accounts Payable Platform

TORONTO–(BUSINESS WIRE)–Vault, the leading digital financial platform for Canadian Businesses, released their automated vendor payment functionality designed to increase payment accuracy with enhanced accounting software integrations. This new addition is set to transform how businesses manage their payable processes, offering a true 2-way sync. In early testing, businesses were able to reduce the time required […]

ICE Collaborates with Space Intelligence to Launch ICE’s Commodity Traceability Service

Supporting Commercial Trade Compliance with EU Deforestation Regulation LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) is collaborating with Space Intelligence, a provider of high accuracy nature mapping data, to launch the ICE Commodity Traceability Service (ICE CoT). ICE CoT is a […]

Meal Ticket Partners with Adyen to Launch Payment Solutions for Food Service Distributors

BOISE, Idaho–(BUSINESS WIRE)–Today, Meal Ticket, the leading provider of business management solutions for the food service industry, announces the release of its innovative payment processing platform, Meal Ticket Payments, designed exclusively for food distributors in partnership with Adyen, the financial technology platform of choice for leading companies. Meal Ticket Payments is an all-in-one payment processing […]

Galileo Enhances B2B Expense Management Offering with Mastercard Smart Data

Early-adopter fintech Rho helps customers enhance spend visibility through detailed transactional data SALT LAKE CITY–(BUSINESS WIRE)–#B2BPayments—Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, […]

NICE Actimize Positioned as Top Ten Vendor in 2024 Chartis RiskTech AI50 Report for Leadership in AI in Risk Management Solutions

NICE Actimize was also honored with three solution category awards, including the use of AI in AML and transaction monitoring, communication and control, and customer service HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as #8 and a market leader in the inaugural Chartis Research RiskTech AI50 Report which assessed 50 […]

Bancography to Demo Bancography Plan Software at FinovateFall 2024

– Branch-planning specialist to present seven-minute live demo showcasing merger analysis and market evaluation tool – BIRMINGHAM, Ala.–(BUSINESS WIRE)–#Bancography—Bancography, a financial services consulting firm, has been selected to demo at FinovateFall 2024. Bancography’s President Steven Reider will present the company’s Bancography Plan software tool during a seven-minute demo session on Sept. 10 at 10:01 a.m. […]

The Oasis Group Launches Research Series Analyzing Custodian Platforms and Other Wealth Management Service Providers

Vantage Point Peaks provides in-depth reports and competitive analysis on a range of wealthtech service providers MONROE TOWNSHIP, N.J.–(BUSINESS WIRE)–#AI—The Oasis Group, a leading consultancy for the wealth management industry, recently launched a new research series called Vantage Point Peaks, which provides in-depth reports and competitive analysis on a range of service providers in the […]

ACI Worldwide and Mexipay Extend Partnership to Boost Instant Payments Adoption in Mexico

Mexican financial technology company Mexipay will leverage ACI’s Digital Central Infrastructure solution to enable new payment options in Mexico OMAHA, Neb. & MEXICO CITY–(BUSINESS WIRE)–ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, […]

BankDhofar Selects Entrust to Enable Cardholders Across Different Banking Offerings with Digital Card and In-App Payment Capabilities

Dhofar-Pay mobile payment service makes it the first bank in Oman to offer tokenization DUBAI, United Arab Emirates–(BUSINESS WIRE)–BankDhofar, the second largest Omani bank by market value, has selected Entrust, a global leader in delivering identity-centric security solutions for governments and enterprises worldwide, to implement its Digital Card Solution (DCS) to provide customers with digital […]

TACC Selects Sabey Data Centers in Round Rock as Colocation Partner for New Supercomputer

As the home for Horizon and future LCCF systems, TACC will leverage the advantages of colocation including a campus that will accommodate high-density deployments with low-cost renewable power AUSTIN, Texas–(BUSINESS WIRE)–#Environment–The Texas Advanced Computing Center (TACC) at The University of Texas at Austin today announced it has chosen Sabey Data Centers (SDC Austin) as its […]

Viggle AI Secures $19 Million in Series A Funding Led by Andreessen Horowitz

With an Engaged Community of More than 4M Members, Funding will Further Fuel the Development and Global Reach of the Popular AI-Powered Animation Platform, as well as a new Creator Program TORONTO–(BUSINESS WIRE)–Viggle AI, a Canadian start-up revolutionizing character animation through generative artificial intelligence, today announced it has raised $19 million USD in Series A […]

UKG Labs Ecosystem Doubles in Size, Adds Nine New Startups

Innovation program nurtures early-stage tech companies that support UKG mission to create great workplaces LOWELL, Mass. & WESTON, Fla.–(BUSINESS WIRE)–UKG, a leading provider of HR, payroll, workforce management, and culture solutions, today announced that its in-house global startup ecosystem and virtual laboratory, UKG Labs, has grown to 20 companies. UKG Labs is a highly selective […]

Sensedia’s New Fintech API Accelerator Platform Unlocks Emerging Fintechs’ Business Agility and Ecosystem Potential

MIAMI–(BUSINESS WIRE)–Sensedia has launched Fintech API Accelerator Platform, an agile, adaptive embedded finance API and integration solution, allowing fintechs to rapidly scale their ecosystem strategy and incorporate AI products and open banking/finance readiness into their services to drive revenue growth. Fintech API Accelerator Platform offers everything a fintech needs to grow—Sensedia’s PCI-compliant platform, AI CoPilot, […]

KOHO Helps Renters Get a Credit History Boost and Peace-of-Mind with New Rent Reporting, Cash Back on Rent, and Tenant Insurance

KOHO has renters’ backs, giving them even more features at their fingertips to improve their financial health VANCOUVER, British Columbia–(BUSINESS WIRE)–#CashBack—KOHO has always built products that help Canadians make financial progress. Today, with the launch of Rent Reporting, KOHO is making healthy credit more accessible to all. New and existing KOHO members who pay rent […]

Checkbook Enhances Digital Check Capabilities to Transform Business Payment Operations

SAN MATEO, Calif.–(BUSINESS WIRE)–#AutomatePayments—Checkbook, a leading provider of innovative payment solutions, has announced the expansion of its payment operations, marking a significant milestone in streamlining check and payment operations for a variety of business use cases in the US. With a strong focus on efficiency and reliability, Checkbook is poised to revolutionize how businesses manage […]

U.S. Bank acquires healthcare payments platform Salucro Healthcare Solutions

Acquisition further expands bank’s focus on healthcare industry MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing. Founded in 2004, Salucro is a market leader in providing online billing and payments offerings for healthcare […]

Transforming Property Valuation Analysis: Veros Launches iVALUATION, The Ultimate Interactive Tool

SANTA ANA, Calif.–(BUSINESS WIRE)–#ROV—Veros Real Estate Solutions (Veros®), a leading provider of innovative real estate valuation and analytics services, proudly introduces iVALUATION – a state-of-the-art platform that provides housing finance professionals with the quick insights they need to be confident in the accuracy of a property valuation. With its powerful combination of an advanced automated […]

WaveFx and Lazarus AI: Revolutionizing Data Challenges with Groundbreaking AI Technology

Investment Propels Document Understanding and Data Activation Innovations NEW BEDFORD & CAMBRIDGE, Mass.–(BUSINESS WIRE)–#AI—WaveFx, a New Bedford, MA based founding partnership company has announced an early investment in Lazarus AI, a cutting-edge document understanding company in Cambridge, MA. This strategic investment includes an end-to-end operational model featuring efficient, scalable workflows tailored for Lazarus AI’s business […]

Efficient Capital Labs Raises $11 Million in Series A Funding to Expand Cross-Border Revenue-Based Financing

QED Investors and 645 Ventures co-lead latest round NEW YORK–(BUSINESS WIRE)–Efficient Capital Labs (ECL), the leading revenue-based financing provider that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-U.S. corridor, today announced an $11 million Series A fundraise co-led by QED Investors and 645 Ventures. The round included participation from existing investors […]

New Experian Report Reveals Generative AI, Deepfakes and Cybercrime Are the Top Fraud Concerns for Businesses

Experian’s annual Identity and Fraud Report provides insights into the current fraud landscape COSTA MESA, Calif.–(BUSINESS WIRE)–Experian® today released its 2024 U.S. Identity and Fraud Report revealing that generative AI (Gen AI), deepfakes and cybercrime are critical threats putting intensifying pressures on businesses. The 9th annual Experian Identity and Fraud Report provides valuable insights into […]

Summit Technology Group Announces Expanded Platform Investments, Industry Expert Hires As Growth Accelerates In Federal Sector

STG is transforming public sector loans, grants, and fraud prevention efforts with its purpose-built, cloud-based solutions. WASHINGTON–(BUSINESS WIRE)–Summit Technology Group (STG) announced Monday, August 19, 2024 that it is launching new artificial intelligence (AI) capabilities for its Federal loans and grants platforms, opening a new office to accommodate its growing workforce, and adding industry and […]

Innovative Renters Insurance Carrier Jetty Goes Live with Core Systems from Socotra in Less Than 12 Months

Insurer Successfully Migrates Book of Business to Cloud-Native Platform for Agility, Scalability, and Customer Satisfaction SAN FRANCISCO–(BUSINESS WIRE)–#fintech–Leading insurance core technology provider Socotra announced today that Jetty, the financial services company on a mission to make renting a home more affordable and accessible, has gone live and migrated Jetty Deposit, a surety product, and Jetty […]

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