Business Wire

The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform thumbnail

The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform

Key facts Retail Lending and Commercial Express components add to advanced digital banking functionality available on FIS’ flagship cloud-based core banking platform. Since launch in 2020, FIS Modern Banking Platform has grown to more than 60 advanced components through the platform’s ecosystem of FIS and third-party offerings. JACKSONVILLE, Fla.–(BUSINESS WIRE)–As a growing number of financial […]

TELUS International Announces the Launch of Intelligent Insights thumbnail

TELUS International Announces the Launch of Intelligent Insights

The tool-agnostic platform monitors automation and bots in a single solution to track effectiveness, cost savings and opportunities for improvement Intelligent Insights delivers cost-saving opportunities based on the optimization it offers through license utilization IDC: By 2024, over 75% of organizations will implement automation to drive a higher level of process optimization and to free […]

Onfido grows revenue over 100% year-over-year and reaches more than $100M ARR thumbnail

Onfido grows revenue over 100% year-over-year and reaches more than $100M ARR

Breaks revenue record for the 5th consecutive quarter as company propels to next phase of expansion SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced it has broken its revenue record for the fifth consecutive quarter, with over 100% increase year-over-year in global revenue, ending Q2 2021. The company also […]

Beesafe and Compensa, Part of VIG Poland, Collaborate with Akur8 to Transform Their Pricing Process thumbnail

Beesafe and Compensa, Part of VIG Poland, Collaborate with Akur8 to Transform Their Pricing Process

PARIS–(BUSINESS WIRE)–Akur8 is pleased to announce its collaboration with Beesafe and Compensa, two entities of VIG Poland, to enhance their pricing process. With this new milestone, Akur8 continues to expand its European footprint, with 7 countries to date. Specifically developed for insurers, Akur8’s solution boosts their pricing processes by automating risk and demand modeling, using […]

FINBOURNE Integrates with FlexNOW Delivering Deep Integration Without Complex Implementation thumbnail

FINBOURNE Integrates with FlexNOW Delivering Deep Integration Without Complex Implementation

LONDON–(BUSINESS WIRE)–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and FINBOURNE, the award winning financial technology firm, announce a collaboration to integrate FlexNOW – FlexTrade’s one-click install EMS – with FINBOURNE’s LUSID which is a cloud native, API first Portfolio Management System (PMS) and Investment Data Management System (IDMS). Servicing […]

Juniper Research: Contactless Card Transaction Values to Reach $2.5 Trillion in 2021, Dominating the Contactless Landscape thumbnail

Juniper Research: Contactless Card Transaction Values to Reach $2.5 Trillion in 2021, Dominating the Contactless Landscape

Growth of 45% between 2020 and 2021 BASINGSTOKE, England–(BUSINESS WIRE)–#biometriccards–A new report from Juniper Research has found that global contactless card transaction values will reach $2.5 trillion in 2021, from $1.7 trillion in 2020, with cards retaining the majority share of overall contactless transaction values at 79% in 2021. The pandemic has significantly accelerated an […]

Fiserv Introduces Expanded Digital Capabilities for Consumer and Business Customers of Financial Institutions thumbnail

Fiserv Introduces Expanded Digital Capabilities for Consumer and Business Customers of Financial Institutions

Capabilities will enable industry-leading digital banking experiences for financial institutions of all sizes BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today introduced enhanced Fiserv Digital capabilities for integrated digital banking and card management. This enriched, mobile-first suite will enable financial institutions to offer their consumer […]

Angel Oak Companies to Acquire Canadian Startup Covience thumbnail

Angel Oak Companies to Acquire Canadian Startup Covience

Dedication to technology and growth showcased by Angel Oak’s latest acquisition ATLANTA–(BUSINESS WIRE)–As part of its commitment to delivering new, innovative products for its discerning investors and clients, Angel Oak Companies (“Angel Oak”) announces its intention to acquire Canadian startup Covience in August 2021. Since 2019, Covience, which is based in Toronto, has been offering […]

OppFi Board of Directors Will Bring Diverse Experience in Driving Growth, Innovation, and Customer-Centric Excellence thumbnail

OppFi Board of Directors Will Bring Diverse Experience in Driving Growth, Innovation, and Customer-Centric Excellence

Company will celebrate its recent listing on the New York Stock Exchange by ringing The Closing Bell® on July 27 CHICAGO–(BUSINESS WIRE)–$OPFI–OppFi Inc. (NYSE: OPFI) (“OppFi”), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced it will celebrate its listing on the New York Stock Exchange […]

Tavant Launches Disruptive New Platform - Touchless Lending™ thumbnail

Tavant Launches Disruptive New Platform – Touchless Lending™

— Accelerating loan manufacturing with AI — SANTA CLARA, Calif.–(BUSINESS WIRE)–Tavant, Silicon Valley’s leading digital lending solutions provider, today announced the availability of its new Touchless Lending™ platform. This AI-powered lending-as-a-service platform maximizes the use of data-driven processes to provide an end-to-end loan manufacturing experience. Touchless Lending’s first product line is mortgage-centric and designed to […]

Announcing General Availability of Version 22 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage Absence Management thumbnail

Announcing General Availability of Version 22 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage Absence Management

New market leading enhancements enable claims operational effectiveness and enhanced absence management with early buildout of Connecticut Paid Family and Medical Leave MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the general availability of version 22 of Majesco ClaimVantage Claims Management for L&H and Majesco ClaimVantage […]

UNest and USALLIANCE Financial Partner to Expand How Busy Parents Invest & Save for Their Kids’ Future thumbnail

UNest and USALLIANCE Financial Partner to Expand How Busy Parents Invest & Save for Their Kids’ Future

— Partnership highlights USALLIANCE’s embrace of financial technology for its members — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, the money app for your kids’ future, today announced a partnership with USALLIANCE Financial, a New York-based credit union serving more than 125,000 members nationwide. The collaboration builds on UNest’s community of over 150,000 parents and extends USALLIANCE’s resources […]

Apex Clearing’s Data Reveals New Stock Rankings Among Gen Z Retail Investors in the Second Quarter of 2021 thumbnail

Apex Clearing’s Data Reveals New Stock Rankings Among Gen Z Retail Investors in the Second Quarter of 2021

Younger Generations Cling to Popular Meme Stocks, Gain Interest in the Cannabis Sector, and Continue To Hold Mega-Cap Stocks in the Q2 Apex Next Investor Outlook DALLAS–(BUSINESS WIRE)–Apex Clearing Corporation (“Apex” or the “Company”), the business-to-business custody and clearing platform powering innovation in fintech, investing, and wealth management, today released its Q2 2021 Apex Next […]

OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores thumbnail

OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores

OCTO’s DriveAbility® Score, the most predictive insurance risk score in the market, to leverage Ford connected car data BOSTON, Mass. & DETROIT, Mich.–(BUSINESS WIRE)–#cardata–OCTO Telematics today announced a new agreement with Ford Motor Company. By leveraging Ford’s connected vehicle data, OCTO will extend its market-leading predictive insurance risk score, OCTO DriveAbility® Score. The integration provides […]

Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering thumbnail

Earnix Announces Acquisition to Fuel Transformative New Usage-Based Auto Insurance Offering

Earnix launches an unprecedented new offering providing dynamic pricing and unparalleled customer engagement fully integrated with intelligent telematics BOSTON & LONDON–(BUSINESS WIRE)–#Earnix—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, announced it has acquired AI-powered telematics provider Driveway Software Corporation’s assets and will be joined by Driveway’s strong […]

Liquidity Capital Partners With YAS Investments, Launching USD 100m Venture Debt Fund Targeting Middle Eastern Tech Start-Ups

Liquidity Capital Partners With YAS Investments, Launching USD 100m Venture Debt Fund Targeting Middle Eastern Tech Start-Ups

The new fund YAS Liquidity will focus on supplying non-dilutive capital to drive growth for businesses across the region TEL AVIV, Israel & DUBAI, United Arab Emirates–(BUSINESS WIRE)–Liquidity Capital, the Israel-based fintech providing non-dilutive growth capital for growth businesses, today announced it has closed a joint venture with Dubai-based YAS Investments to create a new […]

Bridgeweave Launches InvestorAi in the UK

Bridgeweave Launches InvestorAi in the UK

Bringing AI-powered market predictions to every investor LONDON–(BUSINESS WIRE)–Bridgeweave, the Fintech building AI products to help investors make better decisions, today announced the UK launch of its AI-powered investment information app, InvestorAi. InvestorAi acts like an AI-powered personal investment analyst for retail investors, using algorithms trained for global equity markets. These algorithms produce powerful predictive […]

Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem thumbnail

Zip and Quadpay Unveil New Unified Brand to Strengthen Position in the Global BNPL Ecosystem

Quadpay unites with Zip’s single purpose and brand focused on responsibility, to rebalance the power of payments NEW YORK & SYDNEY–(BUSINESS WIRE)–A year ago, global payment technology pioneer Zip Co Limited (ASX: Z1P) acquired the award-winning U.S. buy now, pay later (BNPL) platform, Quadpay. Today, Zip is unifying its rapidly growing global business under one […]

GO2bank Partners with Experian® to Offer Free Credit Features to Help Customers Quickly and Easily Build and Improve Their Credit, and Protect Their Identity thumbnail

GO2bank Partners with Experian® to Offer Free Credit Features to Help Customers Quickly and Easily Build and Improve Their Credit, and Protect Their Identity

Green Dot’s new flagship digital bank will offer access to Experian BoostTM1 to increase consumers’ FICO® Score2 immediately, plus features to protect against identity theft PASADENA, Calif.–(BUSINESS WIRE)–#banking–Green Dot Corporation (NYSE: GDOT) today announced it is partnering with Experian to introduce new credit features to help customers safely access and improve their credit and protect […]

Constitution Lending Partners With Sila to Revolutionize Hard Money Lending thumbnail

Constitution Lending Partners With Sila to Revolutionize Hard Money Lending

– Time-to-market and cost savings drove decision PORTLAND, Ore. & DELRAY BEACH, Fla.–(BUSINESS WIRE)–Sila Inc., a fintech software platform that provides payment infrastructure as a service, today announced that Constitution Lending Partners, the premier hard money lender for all property types, selected Sila as its strategic partner to realize its vision of democratizing access to […]

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers thumbnail

Finicity and Green Dot Announce Secure Data Access Agreement to Deliver More Accessible, Seamless and Secure Money Management to Customers

Latest API integration enables leading digital bank’s customers to securely connect to approved third-party apps and accounts PASADENA, Calif.–(BUSINESS WIRE)–#banking–Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Green Dot (NYSE: GDOT), a digital bank and fintech focused on delivering trusted, best-in-class […]

ArbiterSports and GoFan Announce Strategic Partnership to Create Unrivaled Athletic Platform for High Schools thumbnail

ArbiterSports and GoFan Announce Strategic Partnership to Create Unrivaled Athletic Platform for High Schools

SANDY, Utah & ALPHARETTA, Georgia–(BUSINESS WIRE)–ArbiterSports and GoFan announced today that they have entered into definitive agreements for a long-term partnership to provide schools with an all-in-one event management platform for their athletic directors and fans. The game-changing partnership combines the unique strengths of both companies to transform athletic management and digital ticketing for schools […]

Envestnet | MoneyGuide and StratiFi Launch Partnership Aimed at Empowering More Advisors to Improve Clients’ Understanding of Risk thumbnail

Envestnet | MoneyGuide and StratiFi Launch Partnership Aimed at Empowering More Advisors to Improve Clients’ Understanding of Risk

SAN FRANCISCO–(BUSINESS WIRE)–Envestnet | MoneyGuide and StratiFi, developer of award-winning PRISM Rating™ technology for financial advisors, announced a new integration partnership to empower more advisors to discuss risks just like they discuss goals in the context of a client’s financial plan. MoneyGuide’s leading financial planning software gives advisors the tools needed to help clients create […]

MoonPay Secures Money Transmitter Licenses Across USA thumbnail

MoonPay Secures Money Transmitter Licenses Across USA

MIAMI–(BUSINESS WIRE)–MoonPay, the global payments solution for cryptocurrency, has secured Money Transmitter licenses across 16 states in the United States, a testament to the business’s ongoing commitment to meet the highest standards of regulatory compliance across the country. MoonPay now has licenses in Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Iowa, Kansas, Maine, Maryland, Michigan, New […]

S&P Global Platts and ICE Issue Joint Paper and Open Market Consultations on the Evolution of the Brent Complex thumbnail

S&P Global Platts and ICE Issue Joint Paper and Open Market Consultations on the Evolution of the Brent Complex

LONDON–(BUSINESS WIRE)–S&P Global Platts (“Platts”), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets, and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today published a joint white paper and launched simultaneous consultations on the evolution of the Brent complex, which includes […]

Passive Investing and ETF Benchmark Transitions Drive Strong Growth in ICE’s Index Business thumbnail

Passive Investing and ETF Benchmark Transitions Drive Strong Growth in ICE’s Index Business

ICE Expands its footprint with new fixed income, thematic and ESG-focused indices ETFs totaling $60 billion in AUM announce transitions to ICE Indices in 2021 ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced strong growth in its index business in the first […]

Worldpay from FIS selected by Crypto Exchange OKCoin to support Global Expansion and Growth thumbnail

Worldpay from FIS selected by Crypto Exchange OKCoin to support Global Expansion and Growth

Key facts Rapidly growing cryptocurrency exchange will utilize Worldpay’s global acquiring and foreign exchange services to support continued global expansion. New partnership taps into Worldpay’s extensive experience working with crypto exchanges. Worldpay is an experienced card-to-crypto processor and works with leading global exchanges. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader Worldpay from FIS® (NYSE: FIS) has been […]

Accenture Named Leader for Application and Digital Services in Banking by Analyst Firm Everest Group thumbnail

Accenture Named Leader for Application and Digital Services in Banking by Analyst Firm Everest Group

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has been named a Leader for application and digital services in banking in the 2021 global and Europe assessments by research firm Everest Group. Everest Group analyzed the capabilities of leading application and digital service providers for the banking industry across the globe and specifically in Europe in two independent […]

Global VC Investment Skyrockets to $157.1 Billion in Q2’21, According to KPMG Private Enterprise Venture Pulse Report thumbnail

Global VC Investment Skyrockets to $157.1 Billion in Q2’21, According to KPMG Private Enterprise Venture Pulse Report

Americas and Europe see record quarters – with $84.1 billion and $34 billion of VC investment respectively 10 $1 billion+ VC rounds across 8 countries account for $16 billion in investment NEW YORK–(BUSINESS WIRE)–Global VC investment reached a new high in Q2’21, with $157.1 billion raised across 7,687 deals. A robust IPO market, high valuations, […]

SPIN Analytics and RISKROBOT™, Now Available in the Microsoft Azure Marketplace thumbnail

SPIN Analytics and RISKROBOT™, Now Available in the Microsoft Azure Marketplace

Microsoft Azure customers worldwide now gain access to RISKROBOT™ to take advantage of the scalability, reliability and agility of Azure to drive application development and shape business strategies. NEW YORK–(BUSINESS WIRE)–#azure—SPIN Analytics, today announced the availability of RISKROBOT™ in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. SPIN […]

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked thumbnail

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked

Insitor Partners’ inaugural investment into Pakistan, and Pakistan’s first ever international convertible loan facility. The Fintech scene in Pakistan continues to see rapid growth. Pakistan remains one of the largest unbanked countries in the world. Startups like CreditFix are working towards improving access to basic financial services in emerging markets. KARACHI, Pakistan–(BUSINESS WIRE)–#Fintech–The Pakistani fintech […]

Manhattan West Appoints Benjamin Vega as General Counsel thumbnail

Manhattan West Appoints Benjamin Vega as General Counsel

LOS ANGELES, Calif.–(BUSINESS WIRE)–#BenjaminVega—Manhattan West, a modern, independent financial solutions company, has appointed Benjamin Vega to serve as General Counsel to the organization. A highly skilled attorney and negotiator, Vega will represent Manhattan West’s rapidly expanding business interests both domestically and globally. A native Angeleno, Mr. Vega brings over 20 years of legal and deal-making […]

Consumer Fintech HMBradley Switches to Invite Only Amid Explosive Demand for Its Checking Account thumbnail

Consumer Fintech HMBradley Switches to Invite Only Amid Explosive Demand for Its Checking Account

Company goes from zero to $375M in deposits since launching in March of 2020 SANTA MONICA, Calif.–(BUSINESS WIRE)–#Banking—HMBradley, the digital banking platform built to reward savers, today announced that its flagship product, a checking account that pays consumers up to 3.50% annual percentage yield (APY), is moving to invite only despite increasing demand from consumers. […]

Clair Completes SOC 2 Type I Certification, Solidifying Position as a Leader In Security and Compliance thumbnail

Clair Completes SOC 2 Type I Certification, Solidifying Position as a Leader In Security and Compliance

Fast-growing fintech passes data security standards set by the AICPA NEW YORK–(BUSINESS WIRE)–#earnedwageaccess—Clair, a social impact financial technology company, announced today that it had successfully completed the Service Organization Control (SOC) 2 Type 1 audit. The review was conducted by Sensiba San Filippo LLP, and it confirms that Clair achieved the AICPA’s Trust Services Criteria […]

SRAX Launches Investment Advisor Feature on the Sequire Platform thumbnail

SRAX Launches Investment Advisor Feature on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SEQUIRE–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 release of the Investment Advisor Feature. This new Sequire search feature allows you to find contact information on individuals who are registered investment advisors. When company executives […]

Progressive Leasing Releases Expanded E-Commerce Plug-ins for Magento 2, WooCommerce thumbnail

Progressive Leasing Releases Expanded E-Commerce Plug-ins for Magento 2, WooCommerce

New plug-and-play integration provides retailers with frictionless access to online application, faster decisioning for their customers SALT LAKE CITY–(BUSINESS WIRE)–$PRG—Progressive Leasing, a leading provider of e-commerce, app-based, and in-store lease-to-own solutions, which is owned by fintech holding company PROG Holdings, Inc. (NYSE:PRG), announced today an expansion of its e-commerce platform offerings with Magento 2 and […]

Great Lakes Credit Union Expands Relationship with Access Softek to Add Biometric Authentication, Online Banking and Conversational Banking thumbnail

Great Lakes Credit Union Expands Relationship with Access Softek to Add Biometric Authentication, Online Banking and Conversational Banking

– Long-time client adding new digital banking features in 2021 to better meet member needs – BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking provider, announced that long-time mobile banking client, Great Lakes Credit Union (GLCU), has expanded its relationship with Access Softek to add new digital banking capabilities. GLCU has used Access Softek’s mobile […]

LenderClose Continues Growth in First Half of 2021 thumbnail

LenderClose Continues Growth in First Half of 2021

Lending platform provider enters July with new partnerships, enhanced offerings DES MOINES, Iowa–(BUSINESS WIRE)–LenderClose, a real estate and home equity lending technology platform, surpassed projected growth and enhanced its offerings to meet growing demand in the first half of 2021. A growing number of users are now able to offer a faster and more efficient […]

The NAGA Group AG breaks another record, reporting an impressive USD 29 million group revenue for the half year, tripling copy-trades and doubling trading volume

The NAGA Group AG breaks another record, reporting an impressive USD 29 million group revenue for the half year, tripling copy-trades and doubling trading volume

Q2 2021 with more than USD 15 million revenue Copy-trading increased by 360% 2020 audited results to be published July 26th HAMBURG, Germany–(BUSINESS WIRE)–NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, announces the preliminary group figures for its record-half year 2021. NAGA continues its impressive growth […]

NVE Bank Selects CSI’s NuPoint Core to Automate Banking Technology and Streamline Operations thumbnail

NVE Bank Selects CSI’s NuPoint Core to Automate Banking Technology and Streamline Operations

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Englewood, New Jersey-based NVE Bank ($721 million in assets) has selected its NuPoint® core platform to future-proof the bank with innovative digital technology to improve automation and efficiency. NVE Bank has earned Bauer Financial Inc.’s Five-Star Rating […]

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