Business Wire


BONAFiDEE Launch New ‘Liveness Test’ Strengthening Its Already Highly Secure, Anti-fraud, Visual Biometric Verification Check

TUNBRIDGE WELLS, England–(BUSINESS WIRE)–#digitalengagement–BONAFiDEE, the award winning reg-tech company based in Tunbridge Wells are proud to announce the launch of its new ‘liveness test’ strengthening its already highly secure, anti-fraud, Visual Biometric Verification check. Driven by its goal to remain one step ahead of online fraudsters, BONAFiDEE recognises that Deepfake technology is an ever-growing threat […]

Volt Equity Launches Bold New Class of Hyper-concentrated, Options-embedded ETFs Focused on Disruptors

A new class of ETFs with unprecedented concentration and a nuanced options strategy gives bullish investors a convenient way to bet big on their winners while also holding some potential downside risk mitigations. SAN FRANCISCO–(BUSINESS WIRE)–$COIN #ETF–Silicon Valley boutique investment firm Volt Equity (voltequity.com) and Simplify Asset Management (simplify.us) have partnered together to offer four […]

Lombard Odier Selects smartTrade to Enhance FX Capabilities for Clients

AIX-EN-PROVENCE, France & GENEVA–(BUSINESS WIRE)–#FX—smartTrade Technologies announced today that 225 year-old Swiss Bank Lombard Odier & Co Ltd has integrated LiquidityFX, smartTrade’s in-house developed FX solution into its banking platform, to offer enhanced FX trading services to its clients. LiquidityFX is an end-to-end solution with connectivity to over 130 liquidity providers. Aggregation, pricing, risk management, […]

J.P. Morgan Expands Use of the Acin Operational Risk Management and Benchmarking Platform

LONDON–(BUSINESS WIRE)–J.P. Morgan and Acin today announce that the global financial firm is expanding its use of the Acin platform to cover its Global Markets business. Acin, the SaaS company that has created a digitized platform and peer-to-peer network for operational risk management, enables J.P. Morgan to access benchmarking data for risks and controls. This […]

In Another First, BioCatch Augments its Industry-leading Behavioral Biometrics Platform with Proactive Real-time Risk Notifications

New Capability Will Help Companies Combat the Surge in Cyberfraud NEW YORK & TEL AVIV–(BUSINESS WIRE)–BioCatch, the global leader and pioneer in behavioral biometrics, announced today the release of a powerful new fraud protection capability that offers continuous visibility into online banking sessions to detect the slightest sign of cybercriminal activity. The new functionality provides […]

eMaxx Launches Customer Centric Platform for Variable Cost Captive Programs

Platform provides Risk Management, Claims and Insurance Resources PEABODY, Mass.–(BUSINESS WIRE)–eMaxx Assurance Group of Companies (eMaxx), a provider of insurance program administration, risk management, and technology, today launched a customer centric technology platform for its variable cost captive programs. The platform provides a centralized source for customers to manage their own insurance and risk management […]

Arrow, the Newest Innovation in Digital Banking

Arrowbank.app is a new banking application looking to tackle the savings problem in America NEW YORK–(BUSINESS WIRE)–#AI—Arrowbank.app is a personal finance platform Founded by Messiah G. Willis Co-Founder of (Pear Metrics) a subsidiary of Pear Metrics Global Inc. Messiah has acquired Arrow Bank Technologies for an undisclosed amount, and will be stepping down from his […]

Marstone and Detalus Advisors Partner to Bring Digital Wealth Management to Customers Representing Over $1.6 Billion in Assets under Management and Advisement

To attract and retain digitally-native consumers, Detalus taps Marstone to ensure financial wellness can be easily accessed and managed from a single platform NEW YORK–(BUSINESS WIRE)–Marstone Inc., a leading independent digital wealth technology provider, and Detalus Advisors, an investment advisory firm focused on attaining the diverse financial goals and objectives of individuals, families, and businesses, […]

Luma Selects CANNEX to Enhance Annuity Offering

CANNEX Pricing and Analytic Features Provide Luma Users with Unmatched Annuity Transparency CINCINNATI–(BUSINESS WIRE)–#advisors–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected CANNEX as their latest partner to facilitate the efficient and accurate exchange of pricing and analytics for annuity products on their platform. Backed by […]

55ip Enters Broker-Dealer Space with Janney Montgomery Scott Partnership

Janney is enhancing its comprehensive investment offering for financial advisors with 55ip’s tax-smart investment strategy engine BOSTON–(BUSINESS WIRE)–55ip has partnered with Janney Montgomery Scott, a leading full-service wealth management, capital markets and asset management firm, to enhance its tax management capabilities for financial advisors on the Janney platform. For Janney, the partnership strategically positions the […]

Acima Unveils Industry’s First Lease-to-Own Anywhere Virtual Payments Card

LTO card powered by the Mastercard network enables consumers with or without credit to lease eligible goods at participating Acima merchants Acima’s decision engine and mobile capabilities, paired with Mastercard’s technology infrastructure and wide merchant acceptance, will create an unmatched LTO transaction experience benefiting consumers and retailers PLANO, Texas–(BUSINESS WIRE)–Acima, a $1.3 billion virtual lease-to-own […]

OriginClear Launches Water On Demand™, A FinTech to Accelerate Water Treatment By Private Businesses

Analysis shows that half of all prospective Modular Water Systems™ customers would subscribe to water treatment as a service. CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), The Water Company for the New Economy™, today announced that it has created a wholly-owned subsidiary called Water On Demand #1, Inc., to offer private businesses the ability […]

New Hires to Boost RegTech Provider Napier’s Global Growth Activity

LONDON–(BUSINESS WIRE)–Fast growing RegTech company, Napier, which provides next-generation anti-money laundering (AML) solutions, has bolstered its senior management team with the appointments of new Global Human Resources Director, Lila Boyce, and EMEA Head of Sales, Roy Williamson. Napier, which works with financial organizations around the globe to provide an AI-enhanced platform for intelligent AML and […]

Africa’s Best Corporate-Startup Collaboration Accelerator, Startupbootcamp AfriTech, Now Open for Applications from the Most Disruptive Startups

Final call for innovative corporates to join as founding partners. DUBAI, United Arab Emirates–(BUSINESS WIRE)–Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, but also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of […]

FRISS Acquires Terrene Labs to Expand Underwriting Efficiency

CHICAGO–(BUSINESS WIRE)–#honestinsurance—FRISS, the market leader in AI-powered fraud, risk and compliance solutions for P&C insurance carriers, today announced the acquisition of Terrene Labs. Industry leaders in providing Commercial Insurance providers with comprehensive Risk Insights, Terrene will be a fundamental addition to the FRISS product family. Commercial lines underwriters now have access to thousands of actionable […]

Analytics Insight Announces ‘The 10 Most Influential Women in Technology’ in April 2021

SAN JOSE, Calif. & HYDERABAD, India–(BUSINESS WIRE)–#Exceptionalleaders–Analytics Insight has named ‘The 10 Most Influential Women in Technology’ in its April 2021 magazine issue. The issue is the ninth volume focusing on women leaders who have made a breakthrough in the tech world. The magazine issue recognizes ten trailblazing women who changed the routine by making […]

The Release of Nest Egg 2.0 Revolutionizes Investment Services for Banks and Credit Unions

Nest Egg Partners with Apex Clearing to Transform Digital Engagement CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Nest Egg today released the next generation of its tech-forward investment platform. By partnering with Apex Clearing, the fintech for fintechs powering innovation and the future of digital wealth management, Nest Egg has leveraged next-gen technology, allowing clients to open accounts and initiate […]

ZSuite Technologies Joins Forces with Five Forward-Thinking Community Banks to Develop ZEscrow

Company collaborates with financial institutions to create the only completely digital commercial escrow and subaccounting system BURLINGTON, Mass.–(BUSINESS WIRE)–ZSuite Technologies, a financial technology company offering digital tools that help businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with five community banks to develop ZEscrow, a completely digital commercial escrow […]

Seeds Partners With AllianceBernstein to Expand Values-Aligned Portfolio Offering

Partnership will enable Seeds to offer additional asset class exposures for delivering holistic, values-aligned portfolios to investor clients NEW YORK–(BUSINESS WIRE)–Seeds, a financial technology firm that empowers financial advisors to offer their clients a more intentional and personalized investing experience, has partnered with AllianceBernstein (AB) to further its efforts toward offering multi-asset-class, values-aligned portfolios to […]

Be Mobile Offers a Way to Earn 5% on Your Savings

WATERLOO, Ontario–(BUSINESS WIRE)–Be Mobile, the challenger bank focused on the African market, is excited to announce the launch of their new 5% per annum savings offering on both USD and EUR currencies! This offer is open to individuals and corporate organizations, including savings groups and credit unions. Be Mobile has built one of Africa’s largest […]

Toast Launches Enhanced Contactless Suite to Help Increase Restaurant Revenue and Support Restaurateurs in Reimagining Hospitality

New innovations enable a frictionless guest experience to help restaurateurs increase sales, lower labor costs, and keep guests coming back BOSTON–(BUSINESS WIRE)–#CloudTech—Toast, the fastest-growing restaurant management platform, today launched an enhanced suite of contactless and guest-facing solutions to help restaurateurs reimagine operations and reduce overhead as they rebound from the COVID-19 pandemic. Today, Toast debuted […]

TransUnion Joins Provenir Marketplace to Help Businesses Accelerate Credit Risk Decisions

Industry-Leading One-Stop Data Hub Provides Access to Hundreds of Data Sources PARSIPPANY, N.J.–(BUSINESS WIRE)–#banking–Provenir, a global leader in risk decisioning and data analytics software, today announced that TransUnion (NYSE: TRU) has joined the Provenir Marketplace. The Provenir Marketplace platform provides organizations with a one-stop data hub for easy access to data covering open banking, KYC/KYB, […]

BlueShore Financial Expands Relationship with Temenos to Further its Digital Transformation

With Temenos’ end-to-end digital platform, BlueShore will provide personalized and differentiated services to help clients achieve their financial goals BlueShore will deliver a ‘HighTech-HighTouch’ digital experience to clients with Temenos’ Explainable AI platform and digital banking With Temenos, BlueShore will modernize its payments infrastructure to leverage new Canadian real-time and data rich ISO20022 payments GENEVA, […]

Mountain America Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

Robo-Advisor Now Available to Over 2 Million Combined End-Users BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking provider, announced that Mountain America Credit Union (MACU), $12 billion in assets, has selected EasyVest, Access Softek’s integrated robo-advisor solution, to provide automated investing solutions to members. EasyVest provides an automated investing service that is seamlessly integrated […]

Osterman Research: Almost One-third of US Companies Under-Resourcing Cloud Security Despite Escalating Risks

New survey “The State of Enterprise Cloud Security: The Good, The Bad, And The Ugly” exposes massive holes in public cloud security strategies due to complexity and budgetary constraints NEW YORK–(BUSINESS WIRE)–Sonrai Security, the leader in identity and data security for public cloud, today announced availability of “The State of Enterprise Cloud Security: The Good, […]

ICE Benchmark Administration Launches ICE SONIA Indexes to Assist UK Lending Markets Transition to SONIA

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today announced that ICE Benchmark Administration Limited (“IBA”) has launched ICE SONIA Indexes for use by licensees, following a successful testing period. ICE SONIA Indexes have been developed to support the needs of the UK lending market as it transitions […]

Wells Fargo Invests in Five Additional Black-Owned Banks

Wells Fargo has invested in 11 Minority Depository Institutions in 2021 as part of a $50 million pledge and a commitment to foster economic growth in Black and African American communities SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced equity investments in five African American Minority Depository Institutions, or MDIs, as part of […]

HighRadius Reports Continued Momentum in Accounts Receivables and Treasury Management Software

Registered 47% YoY growth in Annual Recurring Revenue Exceeded 600 customers, including over 200 from Forbes Global 2000 HighRadius AI-powered platform surpassed $2.23 trillion in annual receivables processed Grew to over 2500 HighRadians across six office locations across the US, EMEA, and Asia HOUSTON–(BUSINESS WIRE)–#AccountsReceivable—HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, today […]

Seaport Global Launches Platform for Top Ranked Equity Research Analysts

16 Premier Analysts Joined Platform, Further Expansion Planned for 2021 NEW YORK–(BUSINESS WIRE)–Seaport Global Securities LLC (“Seaport Global”), a full-service investment bank entering its 20th year, announces the successful launch of Seaport Research Partners (“SRP”), a rapidly expanding, innovative research platform. SRP empowers self-driven analysts by reshaping economics and delivering a fully integrated solution to […]

Leading Dutch crypto exchange LiteBit partners with RIDDLE&CODE to pave the way towards regulatory compliance and launch the next generation of crypto services

  VIENNA & ROTTERDAM, Netherlands–(BUSINESS WIRE)–RIDDLE&CODE FinTech Solutions, an innovative European company that empowers financial institutions to handle all aspects of digital asset management, announced today that LiteBit, the leading Dutch cryptocurrency exchange, has chosen its Token Management Platform (TMP) to scale infrastructure, respond to regulatory requirements and provide advanced capabilities to its growing customer […]

Capgemini and Efma Launch Global Financial NewTech Challenge 2021

Global competition seeks to identify the most innovative solutions and collaborations in the banking and insurance industries PARIS–(BUSINESS WIRE)–Capgemini and Efma have launched the global Financial NewTech Challenge 2021 today, which offers NewTechs and financial institutions an opportunity to showcase their collaborative business solutions to an elite panel of experts and industry influencers. This is […]

Temasek and BlackRock Launch Decarbonization Investment Partnership

Decarbonization Partners will invest in next-generation private companies that provide solutions and technologies which accelerate global efforts to achieve a net zero global economy by 2050 SINGAPORE & NEW YORK–(BUSINESS WIRE)–Temasek and BlackRock, Inc. (NYSE:BLK) today announced that they have agreed to establish a partnership called Decarbonization Partners. The partnership will launch a series of […]

Charles River Development Wins 2021 FinTech Breakthrough Award

Prestigious Awards Program Recognizes Outstanding Financial Technology Products and Companies BURLINGTON, Mass.–(BUSINESS WIRE)–Charles River Development, a State Street Company (NYSE:STT), today announced that its Charles River Investment Management Solution (Charles River IMS) has been selected as winner of the “Best Trading Platform” award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, […]

Citi’s Digital Channels Process One Billion API Calls From Corporate Clients

Citi’s Digital Channels Reach Another Significant Milestone in API Adoption NEW YORK–(BUSINESS WIRE)–CitiConnect® API, Citi’s Application Programming Interface (API) connectivity platform, has reached a new milestone of processing more than one billion API calls since its launch in late 2017. This rapid rise in API volume is fueled by the many changes our clients are […]

Citi, Bank of America to Lead Development of Independent Data and Execution Platform

NEW YORK–(BUSINESS WIRE)–Citi and Bank of America are working together to build a new industry-led independent data and execution platform for fixed income markets. The venture plans to develop a next generation trading, data and analytics platform for structured credit and underlying collateral markets. The contemplated multi-dealer platform will focus initially on CLOs and syndicated […]

American Cycle Finance Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Grow Second-Chance Motorcycle Loans Business

NEW YORK–(BUSINESS WIRE)–Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at American Cycle Finance (ACF). This implementation will enable ACF to use AI for making sharper credit decisions and assist automobile dealers in selling more vehicles to clients with limited or no credit history. ACF is partnered with […]

TurnKey Lender and Globe Telecom Partnership to Fulfill Thousands of Loan Requests Per Day to Serve More Filipino Customers in Need

SINGAPORE–(BUSINESS WIRE)–TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and […]

Juniper Research: Facial Recognition for Payments Authentication to Be Used by Over 1.4 Billion People Globally by 2025

Growth Driven by Software-based Capabilities & FaceID BASINGSTOKE, England–(BUSINESS WIRE)–#fingerprintsensors–A new study from Juniper Research has found the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020. This rapid growth of 120% demonstrates how widespread facial recognition has become; fuelled by […]

Deep Knowledge Analytics Founder to Release New Book in Q3 2021: ‘Longevity Politics – Longevity as the New Political Priority of the 21st Century’

Dmitry Kaminskiy’s Upcoming Book ‘Longevity Politics’ Charts the Rise of Longevity Technocracy, Modern Approaches to Policy, Governance & National Industrial Strategies, & How Longevity Will Become Central to Nations’ Political Agendas, with the Electorate Demanding Longevity as a Fundamental Citizen Right by 2030 LONDON–(BUSINESS WIRE)–Deep Knowledge Analytics Founder Dmitry Kaminskiy’s new book ‘Longevity Politics: Longevity […]

Transact Confirms Current Encryption Features Comply With New Nacha Rule on Supplementing Data Security Requirements

Company, Clients Ready in Advance of June 30, 2021 Effective Date PHOENIX–(BUSINESS WIRE)–#datasecurity—Transact, the leader in innovative payment solutions for a connected campus, today confirmed its current encryption features comply with a new National Automated Clearing House Association (Nacha) Rule on Supplementing Data Security Requirements. The Rule requires bank account numbers used in the initiation […]