Business Wire


Alliant Credit Union Eliminates Overdraft Fees

The $14 billion “challenger bank” continues to put members first; non-sufficient funds charges also eliminated CHICAGO–(BUSINESS WIRE)–Today Alliant, an award-winning digital credit union, announced it will eliminate overdraft fees and non-sufficient funds fees on all checking and savings accounts, making it one of the largest financial institutions to do so. This change marks the latest […]

Capitalize Announces New Partnership With The Mom Project to Support and Empower Mothers Through Retirement Planning

NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and The Mom Project, the leader in helping businesses attract and retain female talent, today announced a new partnership to help the organization’s talent base find and consolidate their retirement accounts. Under the terms of the partnership, The Mom Project community of 500,000 women […]

Acima Launches New, Digital Ecosystem to Lease Retail Products

New technologies give underserved consumers unprecedented access to lease durable goods under flexible LTO transactions with Acima and provide growth opportunities for retailers PLANO, Texas–(BUSINESS WIRE)–Acima, a virtual lease-to-own (LTO) Fintech business of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), today launched new game changing LTO technologies that will empower underserved consumers and remove transaction barriers between these […]

Liquidity Capital Provides Avaamo With a $7M Facility Within 24 Hours Using “DYNAMiCs” Platform

NEW YORK–(BUSINESS WIRE)–Liquidity Capital, the global fintech and fund manager, today announced the closing of a $7M credit facility for deep-learning software company, Avaamo; a deal that took 24 hours to complete thanks to Liquidity Capital’s disruptive DYNAMiCs platform. Liquidity Capital’s DYNAMiCs platform uses machine learning technology to process due diligence and investment data in […]

Excellerant Appoints Mirsad Devic as CEO; Ramps up Investment Drive Into High Growth Fintech and Healthtech Assets

BRUSSELS–(BUSINESS WIRE)–Excellerant Inc. (EXCL:OTC US), a technology focused investment holding company, today announced the appointment of Mr. Mirsad Devic as CEO as the company ramps up its investment activities in Europe and the US markets. Mr. Devic brings to the role more than 20 years of management experience having worked at the crossroads of technology, […]

Credit Union of Colorado Chooses Scienaptic’s AI-Powered Platform to Deliver Better, Faster, More Personalized Credit Decisions

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Credit Union of Colorado has selected its AI-powered platform. The implementation will enable the credit union to make stronger, faster credit decisions and enhance financial options for its members. Founded in 1934, Credit Union of Colorado was initially established to support state […]

DucatusX Begins Trading on Pancake Swap

The digital token focused on powering an entire economy on cryptocurrency NEW YORK–(BUSINESS WIRE)–#Ducx–Ducatus, a FinTech start-up whose vision is to make user-oriented blockchains available to everyday people, announced that its DucatusX (DUCX) token will begin trading on Pancake Swap today. The company is working towards realizing a purely cashless economy where digital payments are […]

ICE Reports Record Futures Open Interest of 48 Million Contracts

Record liquidity across diverse asset classes LONDON & NEW YORK & AMSTERDAM–(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 million contracts on July 27, 2021. Open interest across ICE’s global environmental complex hit a record 2.86 million […]

Trading.TV Launches Out of Stealth with $6.1 Million in Seed Funding to Support Financial Creators

Trading.TV Is the First And Only Fintech Platform Purpose Built for the Creator Economy NEW YORK–(BUSINESS WIRE)–Trading.TV, the world’s first social livestream and immersive chat platform for traders and financial content creators, announced today the launch of its platform, closed beta and a $6.1M seed funding round led by L Catterton Growth, Activant, Navy Capital […]

QuoteToMe Lands $2.5 Million in Venture Funding

Construction-Focused VCs Lead the Funding Round With User Savings up to 15%, QuoteToMe Offers the Real Promise of Digitizing the Procurement of Construction Materials & Accounting Reconciliation EDMONTON, Alberta–(BUSINESS WIRE)–QuoteToMe, which is digitizing the construction industry’s procurement and financial processes, today announced it has funded a fully subscribed VC investment round of $2.5 million (CAD). […]

Wolters Kluwer FRR Announces Varo® Bank as OneSumX for Regulatory Reporting Customer

NEW YORK–(BUSINESS WIRE)–#FRR—Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR), today announces Varo® Bank, N.A. as a new customer. Varo, the first consumer fintech in US history to be granted a national bank charter, has successfully filed regulatory reports using Wolters Kluwer’s OneSumX for Regulatory Reporting software. OneSumX for Regulatory Reporting combines bank data into […]

Juniper Square Launches Institutional Reporting, a Revolutionary Investment Data Network That Allows General Partners to Efficiently Address Limited Partner Reporting Needs

Game-changing solution streamlines institutional investor reporting with a centralized record of performance and asset data that GPs manage and control SAN FRANCISCO–(BUSINESS WIRE)–#CRE—Juniper Square, the leading provider of investment management solutions for commercial real estate (CRE), today announced the launch of Institutional Reporting, the industry’s first networked reporting system designed to unite institutional LPs and […]

QuadraGen Announces the Launch of Its Next Generation Commercial Loan Processing SaaS Platform and Edward Ho Joins As Chairman

QuadraGen is an early stage company helping to transform commercial lending for financial institutions worldwide NEW YORK–(BUSINESS WIRE)–QuadraGen announces the launch of its next generation commercial loan servicing SaaS platform to help financial institutions transform their complex loan processing capabilities. The QuadraGen Platform supports various areas of loan operations, enabling more efficient and effective processing […]

Another Record-Breaking ABS Transaction and a New Milestone for LendingPoint

LendingPoint closes its largest ABS issuance ever, which increases its total issuance amount to over $3 billion KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, a financial technology platform, today announced the closing of its largest securitization to date: LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”), which was $542,360,000 in size, rated by KBRA, and backed by a pool of […]

StoryTrading Partners With FS Vector to Establish Guidelines for Ethical Collaboration, Demonstrating Moral Commitment to Community of Investors and Traders

— New Platform Adheres to Strong Values When Making Sense of Financial Markets — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders by understanding the story behind the trade, today announced it has partnered with fintech strategic advisory firm FS Vector to establish Guidelines for Ethical Collaboration among those […]

Socure Reinvents KYC Accuracy and Coverage, Delivering Up to 94% Customer Approval Rates For Hard-to-Identify Populations, Including Gen Z, Millennials, and New-to-Country

Socure announces industry-first capabilities, including eCBSV support as part of an integrated KYC solution and hyper-accurate address normalization, as well as SSN pre-fill for improved customer experience NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading provider of digital identity verification and trust solutions, today introduced several technologies as it further expands its KYC solution, currently used by top […]

AtScale AI-Link Connects Business Intelligence and Enterprise AI with Semantic Layer to Scale Augmented Analytics and Data Science

Python-based Access to Governed Source of Enterprise Metrics and Data Models BOSTON–(BUSINESS WIRE)–AtScale, the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced the availability of AtScale AI-LinkTM. AI-Link provides a python interface to AtScale, rich with business context and metrics, to connect data science and augmented analytics […]

First State Bank Streamlines Digital Presentment with HC3

– Texas’ oldest state bank utilizes HC3 to enhance customer experience through communications – BIRMINGHAM, Ala.–(BUSINESS WIRE)–In an effort to improve digital customer experience, Gainesville, Texas-based First State Bank ($1.4 billion in assets) partnered with HC3, a data-driven tech company delivering customer communications, to refresh all digital presentments. Through the implementation of HC3’s services, First […]

REPAY Provides Integrated Payment Processing for Provana Customers

The integration automates processes and increases control of payment methods on Provana’s repayment platform ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Provana, a leading platform for credit and collections process management. Through the integration, Provana customers can now leverage REPAY’s payment processing […]

Pentadata Announces Open Finance Integration with Akoya

Pentadata partners with Akoya to expand API-based data connections to several of the largest North American banks SAN FRANCISCO–(BUSINESS WIRE)–Pentadata Inc., leading the industry with the first fully secured API-based financial data platform, today announced it has signed an agreement to use the Akoya Data Access Network. Known for supporting data developers with building fintech […]

Mogo Subsidiary Carta Powering Public Health Initiatives in the United Kingdom

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announces that its wholly owned subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is powering key public sector payment initiatives in the United Kingdom (“UK”) in partnership with leading payments solutions provider allpay, the UK market […]

KBRA Analytics Releases The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show

NEW YORK–(BUSINESS WIRE)–KBRA Analytics releases this month’s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month’s newsletter, Bank Treasurers Wish They Could Fly, reviews highlights from the Q2 2021 earnings results reported this month by the banking industry, focusing as usual on the treasury strategy it […]

MAXEX Provides Liquidity for Non-Owner Occupied and Second Home Loans

ATLANTA–(BUSINESS WIRE)–MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced today that the company has continued to expand the number of liquidity options available for mortgage lenders impacted by changes to the government sponsored enterprises (GSE) cap for non-owner occupied (NOO) and second home loans. The Federal […]

Bookkeeper360 Launches AI-Powered Marketplace and Brex Integration to Help Small Businesses Grow Effectively

NEW YORK–(BUSINESS WIRE)–Bookkeeper360 has proudly announced the launch of its new Bookkeeper360 App Marketplace and Brex Integration. Bookkeeper360 is an emerging fintech accounting solution for small businesses. This all-new AI-powered marketplace is designed to help business owners access a wide range of financial and technological solutions such as capital, business services, and payroll that are […]

Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership

CLEVELAND–(BUSINESS WIRE)–#banking–The Change Company, America’s Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio. Mr. Sugarman spoke during the Legislative Forum and discussed the unique opportunity for advocacy that exists for NAREB and The Change Company […]

Workiva Extends Value of Cloud Platform with Launch of New SaaS Marketplace

Workiva Marketplace debuts with both Workiva-built and partner offerings that simplify complex reporting and compliance problems AMES, Iowa–(BUSINESS WIRE)–$WK #Accounting—Workiva Inc. (NYSE:WK), today launched The Workiva Marketplace, filled with more than 140 Workiva-built and partner templates, services and 60 no-code connectors that streamline existing processes and solve new business problems all within the Workiva cloud […]

Ripple Launches On-Demand Liquidity with SBI Remit to Accelerate and Grow Cross-Border Payments from Japan

Partnering with Coins.ph and SBI VC Trade, SBI Remit Will Deliver a Superior Customer Experience with Faster and Cheaper Remittances Starting in the Philippines SAN FRANCISCO & TOKYO–(BUSINESS WIRE)–Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced today the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in […]

Transact Releases New Emergency Hotline Capabilities As Colleges Prepare to Welcome Students Back to Campus

Mobile Tool Provides Safety, Suicide Prevention Information at Students’ Fingertips PHOENIX–(BUSINESS WIRE)–#backtoschool—Transact, the leader in innovative credential and payment solutions for a connected campus, today announced the release of a new mobile feature that gives college students emergency hotline and suicide prevention information at their fingertips. This addition to Transact’s mobile credential platform comes at […]

KFC Foundation Teams Up with SaverLife to Offer KFC Restaurant Employees New Personal Finance Program

MyChange with SaverLife is designed to help KFC® restaurant employees across the country build short-term emergency funds and personal savings SAN FRANCISCO–(BUSINESS WIRE)–Today, the KFC Foundation, an independent 501c3 non-profit organization primarily funded by KFC franchisees, in partnership with SaverLife, a national non-profit fintech company that helps working families achieve prosperity through savings, announced the […]

LifeYield Partners With White Glove to Create Tech-Integrated Prospecting Seminar

BOSTON–(BUSINESS WIRE)–Modern marketing and prospecting strategies for financial advisors must speak directly to the immediate needs of investors. To help advisors connect with the unprecedented wave of investors seeking help with retirement income, LifeYield will make its Social Security optimizer and tailored seminar material available through White Glove, a digital marketing company specializing in planning, […]

Current Partners with The Bancorp to Offer the Next Generation of its Digital Banking Products

WILMINGTON, Del.–(BUSINESS WIRE)–#Alwaysapartner–The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK) today announced its newly established banking services partnership with Current, a leading U.S. financial technology company serving Americans working to create a better future for themselves. The Bancorp offers tailor-made solutions to fit the unique needs of several top financial […]

Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups

From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard announced today a new Start Path global startup engagement program […]

Fabric Readies Risk Tools for Investors Working with Advisors 

Led by Rick Bookstaber, with factor data from MSCI, the firm is bringing institutional-grade risk management to Main Street DENVER–(BUSINESS WIRE)–#FabricRQ–Fabric RQ, a startup founded by veteran risk manager Richard Bookstaber, today announced it has begun signing up advisors to test drive a new kind of risk management application that employs the same factor-based approach […]

MOVO® Launches MOVO Chain®, Upends Crypto Send and Spend

Users can cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay® PALO ALTO, Calif.–(BUSINESS WIRE)–MovoCash, Inc., a California-based Fintech company, today announced the launch of MOVO Chain® by MOVO®. This technology is a cryptocurrency-to-cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends […]

Zūm Rails and Lexop Partner to Optimize Collections Through Real-Time Payments and Streamlined User Verification

MONTREAL–(BUSINESS WIRE)–#collections–Zūm Rails, a leader in fast and intelligent payment operations, is pleased to announce it has partnered with Lexop to be its preferred payment provider as the company continues to better serve its clients through the digitization of their collections activities. Lexop believes the future of collections lies in empowering past due customers to […]

Majesco Continues Expansion of Digital1st® EcoExchange With Additional Underwriting Solutions From Verisk

Roof age, major systems, condition score, and loss and coverage history solutions from Verisk are now integrated with Majesco P&C Core Suite to improve risk assessment and underwriting for auto and property lines MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced that Verisk, a leading global […]

MOCA Financial and the Armed Forces Financial Network Partner to Bring MOCA’s Next-Generation Card-Based Payment Platform to Our Armed Services

Payments Platform Brings Advanced Card-Based Payments to Military Personnel Worldwide AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital-first next-generation card-based payment platform provider, has partnered with the Armed Forces Financial Network (AFFN) to offer MOCA’s Digital-First Next-Generation Card-Based Payment Platform to the United States military community worldwide. This partnership provides The Association of Military Banks of America (AMBA) […]

ICE Enhances Mortgage Prepayment Model With Data From ICE Mortgage Technology

Leverages transaction-based residential mortgage rates from ICE Mortgage Technology ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has enhanced its mortgage prepayment model with daily residential mortgage rates from ICE Mortgage Technology. This represents the first joint product that leverages anonymized […]

Liberty Bank Selects Arriba Advisors to Lead Digital Technology Transformation

TAMPA, Fla.–(BUSINESS WIRE)–Arriba Advisors, an advisory firm that provides strategy enablement and cost alignment to clients on a variety of fintech projects, announced that Middletown, Connecticut-based Liberty Bank ($7 billion in assets) has chosen the firm to assist in upgrading its technology to nurture scalable growth and innovate in the digital space. Established in 1825, […]

PrimaHealth Credit Partners with Citizens to Launch a First-to-Market Total Patient Finance Program

Comprehensive solution provides the first single credit application that can serve most patients NEWPORT BEACH, Calif. & PROVIDENCE, R.I.–(BUSINESS WIRE)–PrimaHealth Credit, a patient financing platform, today announced a partnership with Citizens to enable more people to receive and finance the healthcare they seek. This partnership challenges the status quo with a first-of-its-kind financing solution that […]