Business Wire


Walgreens Announces Further Expansion of its Financial Services Business Strategy with InComm Payments

Walgreens to offer new bank account with Mastercard debit card leveraging InComm Payments’ platform InComm Payments to enhance Walgreens-branded gift card program DEERFIELD, Ill. & ATLANTA–(BUSINESS WIRE)–Walgreens today announced an agreement with InComm Payments, a leading global payments technology company, to provide convenient and accessible financial services options for its customers. Together, the companies will […]

POSaBIT & I Heart Jane Create Seamless Dispensary Integration

The two cannabis tech standouts have partnered on a full online ordering and menu integration. SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for the cannabis industry, has officially partnered with I Heart Jane, the premier online ordering and […]

Visa Expands Global Money Movement Capabilities Beyond the Card with Visa Direct Payouts

Simplifies SMB and consumer payments for corporate banks, remitters and fintechs SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V) today announced the expansion of Visa Direct, a real-time1 push payments platform, with the introduction of Visa Direct Payouts. The new solution allows Visa’s clients and partners around the world to use a single point of connection to push payments […]

Ripple Acquires 40% Stake in Asia’s Leading Cross-Border Payments Specialist Tranglo

Strengthens ongoing partnership to expand RippleNet’s On-Demand Liquidity in key markets starting in Southeast Asia SINGAPORE–(BUSINESS WIRE)–Ripple, the leading provider of enterprise blockchain solutions for global payments, announced that it has agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo. This partnership will allow Ripple to meet growing customer demand in the region […]

Rush Gold Signs Major Partnership to Power Gold Payment Services for Multiple Mobile Network Operators Across 10 ASEAN Countries

SYDNEY–(BUSINESS WIRE)–#awesomeness—Rush Gold Global (Rush Gold), the innovative fintech platform providing digital access to physical gold to retail and business markets, has signed an exciting new partnership with the Malaysian-based ZAFA Group Sdn. Bhd. to bring gold savings and payments to Mobile Network Operators (MNOs) across the ASEAN region. Rush Gold’s agreement with Malaysian-based ZAFA […]

Mogo Launches First Bitcoin Cashback Mortgage

Members can now earn up to $3,100 in bitcoin cashback rewards on a new mortgage or renewal VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that it has extended its unique bitcoin cashback rewards program – which currently applies to the Mogo Visa* […]

smartTrade wins A-Team Innovation Award for Most Innovative Use of Open Source/Cloud Technologies

AIX-EN-PROVENCE, France–(BUSINESS WIRE)–#FX—smartTrade Technologies, a global leader in multi-asset trading technology, has won the A-Team Innovation Award 2021 for Most Innovative Use of Open Source/Cloud Technologies for its smartAnalytics solution. The Innovation Awards recognise outstanding performance by the vendors of data and technology solutions to the financial industry, with a specific focus on Data Management, […]

MCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk Management

Scienaptic positions MCMC Auto to strengthen its lending portfolio using enhanced credit decisions NEW YORK–(BUSINESS WIRE)–Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at MCMC Auto. This deployment will allow MCMC Auto to expand their lending portfolio while making car financing options convenient and hassle free. Having financed […]

MAP Fintech: Modernising Regulatory Reporting with Solutions-Orientated RegTech Software

MAP FinTech’s regulatory reporting software streamlines reporting processes to free up human capital. LONDON–(BUSINESS WIRE)–#FS–Firms can better manage and streamline their reporting obligations thanks to software from regulatory technology provider MAP FinTech UK. With some reporting requiring up to hourly attention, automating these processes through their software gives operations and compliance officers the freedom to […]

Meet the Newest Fintech Unicorn: Bezos Expeditions & Whale Rock join Pilot’s Push to Modernize the Back Office

Additional investment doubles Pilot’s valuation to $1.2Bn and increases Series C to $100M raised as Pilot rapidly scales “big-company superpowers” for SMBs SAN FRANCISCO–(BUSINESS WIRE)–#Accounting–Pilot, the largest provider of back office services for startups and small businesses in the U.S., announced today that it has closed on additional funding led by Bezos Expeditions (the personal […]

Dapi (YC W20) Launches Payment API in Mexico, First in Region to Offer Free Financial Data

One of the first companies to launch permission-based bank payment initiation services in Mexico Mexico launch marks the first phase of company’s 2021 Latin America expansion Dapi provides permission-based payment initiation and data aggregation services across ten countries, including North America, Mexico, the Middle East, and North Africa SAN FRANCISCO–(BUSINESS WIRE)–#LatAm–Dapi (YC W20), the San […]

Blockchain Takes Centre Stage in Digital Auction Hosted by Curve to Support London Theatre

Fintech first globally, with proceeds from five pieces of iconic Curve digital art to go to Theatre Support Fund+ LONDON–(BUSINESS WIRE)–#Charity–One year after theatres in London went dark, Curve, the fintech that brings your cards into one smart card and app, has joined with Theatre Support Fund+, to sell five pieces of unique digital art […]

Hightower Forms Enterprise Relationship with Riskalyze to Empower Financial Advisors with Seamless Trading, Client Communication Platform

AUBURN, Calif.–(BUSINESS WIRE)–#Hightower—Riskalyze, the company that serves tens of thousands of financial advisors with risk alignment and portfolio analytics, and Hightower Advisors, a registered investment advisor with $80 billion assets under management and 115 advisory businesses across the U.S., today announced the deepening of their enterprise relationship providing all Hightower-affiliated advisors, who have chosen to […]

Minna Bank to Commence Operations in May 2021 as Japan’s First Digital Bank

Core banking system developed in partnership with Accenture and running on Google Cloud will power global expansion as an embedded finance provider TOKYO–(BUSINESS WIRE)–#BaaS–Minna Bank, Ltd. today announced they have acquired a banking license on December 22, 2020 from the Financial Services Agency of Japan and will commence commercial operations in May 2021. A wholly […]

Dark Forest Technologies Chooses LeverData to Manage Data Ingestion Process

NEW YORK–(BUSINESS WIRE)–LeverData today announced the signing of its newest client, Dark Forest Capital Management LP. Dark Forest, a systematic hedge fund, will use the LeverData platform to centralize the onboarding and daily ingestion of data to facilitate their investment process. While many quantitative and fundamental hedge funds wrestle with the process of consuming massive […]

 Cutover Closes Final Wave of $35m Series B Financing With Partnership Fund for New York City and Outrun Ventures Completing the Investment Round

Partnership Fund for New York City, Outrun Ventures, Cris Conde, Gokul Rajaram, and Andy Brown join Cutover’s Series B financing as the company responds to growing demand for enterprise-wide orchestration LONDON–(BUSINESS WIRE)–Cutover, the first enterprise-wide work orchestration and observability platform that enables seamless human and machine collaboration, today announced the final close of its $35 […]

Discover Announced as 2021 CIO 100 Award Winner for Cloud Data Fabric Platform

CIO 100 award recognizes excellence and innovation in IT RIVERWOODS, Ill.–(BUSINESS WIRE)–#CIO100–Discover Financial Services was selected as a 2021 CIO 100 award winner. For over 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. “The Cloud Data Fabric (CDF) […]

BHMI Celebrates 35 Years of Moving the Payments Industry Forward

  OMAHA, Neb.–(BUSINESS WIRE)–#digitalpayments—BHMI, a leading provider of payments software best known for its Concourse Financial Software Suite, is celebrating its 35th anniversary this year. Founded in 1986 by Chairman, Dr. Jack Baldwin; President, Dr. Lynne Baldwin; and SVP of Software Development, Mr. Michael Meeks, BHMI has remained a proven leader and trusted partner to […]

MaC Venture Capital Raises Inaugural $103 Million Seed Fund

Majority Black-owned firm founded by Adrian Fenty, Marlon Nichols, Michael Palank, and Charles D. King applies cultural investment thesis to invest in technology startups LOS ANGELES & PALO ALTO, Calif.–(BUSINESS WIRE)–Today, MaC Venture Capital, a seed-stage venture capital firm that invests in technology startups, announced it has raised its inaugural $103 million seed-stage fund. A […]

London-based Payment Solutions Company myPOS Won B2B Innovation Award in the Prestigious FinTech Breakthrough Awards

FinTech Breakthrough evaluates leading achievements of world finance and technology companies and in 2021 selected the best ideas among a total of 3850 nominees. With an app that turns Аndroid smartphones into payment terminals, myPOS won the B2B innovation award in the Payments category. LONDON–(BUSINESS WIRE)–$myPOS #fintech—myPOS Glass application allows merchants to accept card and […]

Stampli Named AP Automation Leader in G2’s Grid® for Seventh Consecutive Quarter

#1 in All AP Automation Index Reports, Momentum Grid® Leader in Multiple Categories, Grid® Leader in AP Automation and Invoice Management MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Stampli, a complete accounts payable (AP) automation platform that brings together AP communications, documentation, and payments in one place, has been named Leader in AP Automation, as well as Invoice Management […]

Sisense Named No.1 in Two G2 Reports, the Report for Embedded BI & The Momentum Grid Report for Embedded BI

Sisense customers echo support for strong embedded capabilities; Tessitura Network says, “We never ran into a use case that we couldn’t do” NEW YORK–(BUSINESS WIRE)–Sisense, the leading AI-driven platform for infusing analytics everywhere, has been recognized as the leader in embedded business intelligence by G2, the world’s leading business solutions review website. The ratings are […]

MCO Wins the A-Team Innovation Awards 2021

LONDON–(BUSINESS WIRE)–#FCACompliance–Today, MCO (MyComplianceOffice), the leading provider of compliance management software for financial services firms, announced that its platform and employee compliance suite were named a winner of the A-Team Innovation Awards 2021 in the category “Most Innovative Conduct Risk / SMCR / KYE / Staff Surveillance Project”. The recognition came despite stiff competition from […]

Marstone Integrates FreeWill’s Estate Planning Solutions into its Comprehensive Digital Wealth Management Platform

The latest in a series of partnerships ensures Marstone is the platform of choice for organizations seeking to offer clients consolidated digital financial planning and wellness capabilities NEW YORK–(BUSINESS WIRE)–Marstone Inc., a leading independent digital wealth technology provider, today announced a commercial partnership with FreeWill, the digital estate planning solution. This announcement marks the latest […]

CIBC Innovation Banking Provides MayStreet with $10 Million in Growth Financing

NEW YORK & DENVER–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce a $10 million credit facility for New York-based MayStreet Inc. (“MayStreet”), an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale its business. Founded in 2012, MayStreet offers market data technology that […]

GoCardless Recognized as a Leader in G2 2021 Spring Grid Reports

In the Payment Processing category, GoCardless placed #1 in the momentum grid report and relationship index report SAN FRANCISCO–(BUSINESS WIRE)–GoCardless, the leading fintech for recurring payments, today announced that it is a leader in G2’s Spring 2021 Grid Reports in multiple categories, including Subscription Revenue Management, Enterprise Payment, and Payment Processing. In addition, the company […]

Growjo Announces 500 Fastest Growing Companies in New York City for 2021

BOULDER, Colo.–(BUSINESS WIRE)–#Growjo–Growjo is happy to announce the release of the 500 fastest growing companies in NYC for 2021! Some of the top big apple companies represented include: ExecOnline, Covera Health, Bizzabo, Rhino Labs, Even Financial, Blueground Co, Vestwell, H1, The Guarantors, Columbia Care, Backstage, Sevenrooms, Hyperscience, Socure, Attentive, LeafLink, Electric AI, Expert Institute, and […]

Peoples Advantage Federal Credit Union Implements Member Driven Technologies

Credit union executes successful virtual core conversion to MDT, increasing efficiencies and providing a more modern member experience with new core FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Peoples Advantage Federal Credit Union has successfully implemented the Episys® core processing system hosted by Member Driven Technologies (MDT), a CUSO that provides a private cloud alternative for core processing and […]

Discover Opens Acceptance in Jordan Through Agreement with JONET

Global Acceptance will Grow for Both Companies Through Deal AMMAN, Jordan & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a digital banking and payments services company, and Network International Jordan, the leading enabler of digital commerce in the Middle East and Africa region and the operator of Jordanian national switch, JONET have signed an agreement that will enable merchant […]

Citi Launches Automated Securities Lending Solution for Wealth Managers in Partnership with Fintech Sharegain

LONDON–(BUSINESS WIRE)–Citi has launched the first fully automated securities lending solution for wealth management firms they custody, in partnership with fintech firm Sharegain. Through Citi’s solution, wealth managers can deliver a securities lending program to their customers, giving them the opportunity to earn additional revenue on their stocks, bonds and ETFs, without developing an internal […]

Total Identity Fraud Losses Soar to $56 Billion in 2020

Pandemic Ushers in Identity Fraud Scams SAN FRANCISCO–(BUSINESS WIRE)–The 2021 Identity Fraud Study, released today by Javelin Strategy & Research, part of the Escalent family, reveals a daunting new threat to consumers and businesses: identity fraud scams. While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion […]

TrueNorth and Boost.ai Enter Partnership to Supercharge Digital Customer Experience With Conversational AI

Leading fintech software development company adds AI-powered virtual agents to implementation portfolio for financial sector clients SAN FRANCISCO, Calif. & STAVANGER, Norway–(BUSINESS WIRE)–#AI–TrueNorth, a global fintech software development company, and Boost.ai, a global leader in conversational artificial intelligence for Fortune 1000 companies, today announced a new partnership. This partnership streamlines the process of developing and […]

First Citizens Bank Extends Sagent Partnership for Five Years to Enhance Community Banking Vision with Scalable Servicing Tech

Partnership empowers borrowers with self-service tools to take control of their mortgage loans throughout future market cycles KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a five-year partnership extension with North Carolina-headquartered First Citizens Bank. The extension marks two decades of […]

POSaBIT and Olla Partner on POS and Menu Integration for Dispensaries

Two of the industry’s leading tech providers have created a seamless integration experience for dispensaries across the country SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has […]

Bold Commerce Taps Former Rackspace Executive as Chief Operating Officer as it Scales ‘Anywhere Commerce’ Across Retail Brands’ Digital Properties  

Odus (“Boogie”) Wittenburg Joins the Ecommerce Technology Company as it Unveils Headless Checkout Experiences and Sets Out to Hire 125 Employees in the Next 90 Days AUSTIN, Texas & WINNIPEG, Manitoba–(BUSINESS WIRE)–Bold Commerce, the ecommerce technology company that powers checkout, subscriptions and pricing experiences for leading retailers and DTC brands, has announced Odus Wittenburg as […]

Wellfleet Breaks Barriers with Launch of “Lighthouse,” Leveraging the EIS Platform

Wellfleet bridges digital divide with introduction of a revolutionary quote-to-claim insurance platform SPRINGFIELD, Mass. & SAN FRANCISCO–(BUSINESS WIRE)–Wellfleet, a Berkshire Hathaway company, recently launched “Lighthouse,” an innovative and proprietary platform designed to make quoting, implementing, and administering workplace benefits more accurate and efficient for brokers and clients. Built on EIS’ cutting-edge core system and digital […]

Counterpart Launches First of Its Kind Insurtech in Partnership With Markel and $10M in Funding, Led by Valor Equity Partners

Counterpart’s first of its kind, data driven management liability platform and risk mitigation tools transform the $10bn management liability insurance market. LOS ANGELES–(BUSINESS WIRE)–Counterpart, the insurtech using technology and data to transform the $10bn management liability insurance market, has raised $10m in funding led by Valor Equity Partners, early backers of pioneering ventures like Tesla, […]

CompoSecure Releases Free Report on Benefits of Metal Payment Cards for Fintech Issuers

Aite Group research report shows how metal cards can attract and retain customers SOMERSET, N.J.–(BUSINESS WIRE)–CompoSecure, L.L.C., a pioneer and category leader in premium financial cards, today released Metal Cards: A Competitive Edge for Fintech Issuers, a report on the benefits of metal cards as part of a robust proposition to attract new cardholders. The […]

Boosted.ai Integrates ESG Data into Machine Learning Platform Boosted Insights

New data source allows portfolio management teams to combine machine learning algorithms with ESG rankings NEW YORK & TORONTO–(BUSINESS WIRE)–Boosted.ai, the leading distributed machine learning platform for global investment professionals, today announced that environmental, social and governance (ESG) data from OWL Analytics will be available within Boosted.ai’s machine learning platform for institutional investors, Boosted Insights. […]