Business Wire


Southeast Asia Digital Transition Driving Growth Even in Face of Pandemic Slowdown

Digital Payments Infrastructure Pioneer Xendit Sees Payment Value Soar 10 Percent Each Month in 2021 As More of Region’s Businesses Transition to Digital Financial Future JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing digital payments infrastructure for Southeast Asia, today announced it is experiencing a surge in digital transactions, providing evidence that the region’s emphasis on building […]

Zūm Rails Achieves SOC 2 Compliance as it Reaffirms its Commitment to Making Payments Security a Top Priority

MONTREAL–(BUSINESS WIRE)–#fintech–Zūm Rails, a leader in fast and intelligent payment operations, is pleased to announce that it has received a clean SOC 2 Type II attestation report. This rigorous, independent assessment of Zūm Rails’ internal security controls serves as validation of its commitment and adherence to the highest standards for security, confidentiality, availability, privacy, and […]

Bank of Guam Creates SF-Based Unit: TASI Bank

David Joves Will Lead Operations With 38-Year History on Montgomery Street SAN FRANCISCO & HAGATNA, Guam–(BUSINESS WIRE)–Bank of Guam today announced the creation of a new operating unit, TASI Bank, that will serve its mainland United States customer base from the same 404 Montgomery Street branch that has been operating here since 1983. David J. […]

VyStar Credit Union Selects Nymbus as Digital Banking Partner

MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced that VyStar Credit Union has chosen Nymbus as its new online and mobile banking solution partner. This extends a landmark partnership that began earlier this year with VyStar’s $20 million investment in the newly formed Nymbus CUSO. VyStar Credit Union — the 13th-largest credit […]

Wolters Kluwer Thought Leadership Points to Automation and Domain Expertise as Critical to Managing Bank Compliance Challenges

ABA Banking Journal article highlights the value of combining human experts, technology to survive the “new normal” MINNEAPOLIS–(BUSINESS WIRE)–#ComplianceSolutions–As banks look to establish new patterns of normalcy post-Covid, they face strong headwinds. Given the continued steep pace of regulatory change, evolving customer behaviors, rising fintech competition, and shifting regulatory priorities, they are under increasing pressure […]

First Patent Being Auctioned as an NFT Adds Unlockable License and Litigation Prospects Content

Innovative patent, currently listed on the OpenSea platform, introduces an entirely new use for NFT unlockable content NEW CANAAN, Conn. & NEW YORK–(BUSINESS WIRE)–True Return Systems LLC and Boag Law PLLC are auctioning U.S. Patent No. 10,025,797 (“the Patent”) on the blockchain in the form of an NFT (Non-Fungible Token). This revised auction is currently […]

CSI Reports Record Revenues and Net Income for First Quarter

Revenues Increase 8.5% to $76.7 Million Net Income Per Share Rises 2.0% to $0.52 PADUCAH, Ky.–(BUSINESS WIRE)–$CSVI–Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported growth in revenues and net income for the first quarter of fiscal 2022, which ended May 31, 2021. CSI’s revenues rose 8.5% to a record $76.7 million for the first quarter […]

Tradeweb Reports Volume of $23.1 Trillion in June and $62.0 Trillion in Second Quarter

June ADV up 34.7% year over year; second quarter ADV up 25.5% year over year NEW YORK–(BUSINESS WIRE)–Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for June 2021 of $23.1 trillion (tn). Average daily volume (ADV) for the month […]

Disruptive.Asia: Consumer AR Needs 5G and Cheaper Headsets to Really Take Off

LONDON–(BUSINESS WIRE)–Disruptive.Asia finds that the real boost for AR will come from the consumer market – provided device prices come down far enough, and provided operators harness the combined power of 5G, cloud, edge, and AI to provide the best user experience for AR. AR is fast gaining traction in various enterprise segments, especially in […]

Tellimer Launches Original Data Sets on 50+ Emerging and Frontier Markets

LONDON–(BUSINESS WIRE)–Tellimer Group (Tellimer), the information, data & technology firm, today announces the launch of four original data sets covering over 50 international markets on its global investment intelligence platform, Tellimer Insights. Using trusted market and economic data curated by our experts, Tellimer’s in-house team of analysts have produced four distinct data sets that provide […]

Zimperium Acquires Mobile Application Security Pioneer whiteCryption

Combination of world-class app security solutions for mobile and IoT deployments provides unrivaled app protection and threat detection for zero-trust environments DALLAS & SAN FRANCISCO–(BUSINESS WIRE)–#mobilesecurity—Zimperium, the global leader in mobile security, has broadened its portfolio of mobile application protection solutions by acquiring whiteCryption, a leading provider of advanced application shielding and cryptographic key protection. […]

Increasing Momentum Behind Digital Adoption in U.S. Supplier/Buyer Transactions Drives Finstro’s Expansion Into U.S. Market

Leaning on experience in Australia, where B2B payments are over 90% digital, Finstro’s solution offers suppliers and buyers a new way to trade and drive business growth DENVER–(BUSINESS WIRE)–#B2B–Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, is planning to capitalize on growing digital adoption momentum in the business-to-business (B2B) space […]

InspereX Launches

Incapital and 280 CapMarkets complete merger to become InspereX— A leading fintech transforming how fixed income securities and market-linked products are accessed, evaluated, and traded DELRAY BEACH, Fla.–(BUSINESS WIRE)–InspereX announced today that it has merged the broker/dealers of Incapital and 280 CapMarkets, which completes the merger of the two firms and officially launches InspereX. Incapital […]

LifeYield Connects Social Security Optimizer to InsurMark’s Advisor Growth Platform

BOSTON–(BUSINESS WIRE)–The pandemic pushed many older Americans out of the workforce and scrambling to determine how to maximize income in retirement. To help advisors quickly match the best solutions to client retirement needs, InsurMark, a leading advisor development organization and insurance distribution company, has made LifeYield’s retirement income technology a key part of the prospecting […]

Qraft’s AI-Enhanced U.S. Large Cap Momentum ETF Surpasses $50M in AUM

The fund’s innovative, optimized strategy has driven assets upward by nearly 15-fold in the last year SEOUL, South Korea–(BUSINESS WIRE)–$AMOM #AI—Qraft AI ETFs, a cutting-edge ETF series leading the charge in funds actively managed by artificial intelligence, announces that the Qraft AI-Enhanced U.S. Large Cap Momentum ETF (NYSE: AMOM) has surpassed $50 million in assets […]

Change Home Mortgage Names Jon Irvine Chief Production Officer

IRVINE, Calif.–(BUSINESS WIRE)–#banking–The Change Company, America’s Community Development Financial Institution (CDFI), is pleased to announce the appointment of Jon Irvine as Chief Production Officer of its mortgage banking subsidiary Change Home Mortgage. Jon is responsible for revenue-generation strategy and execution across all origination channels, including Change Wholesale. His duties include overseeing the sales, marketing, onboarding, […]

The Mather Group, LLC Named One of the Fastest Growing Companies in Chicago

TMG’s client-centric strategy has led to more than 537 percent growth over the past five years and inclusion in the Fast 50 2021 list by Crain’s Chicago Business CHICAGO–(BUSINESS WIRE)–#CrainsFast50–The Mather Group, LLC (TMG), a family and employee owned wealth management firm with seven offices across the country and more than $7.3 billion in Assets […]

Experian Health Patient Identifier Solution and Hospital Claims Management Systems Named Top-Rated by Black Book™

Annual vendor survey reveals the best products among financial software, technology platforms and systems COSTA MESA, Calif.–(BUSINESS WIRE)–Experian Health, a leading provider of revenue cycle management products that include claims management, payer contract management and patient collections, today announce that its Enterprise Health Patient Identifier Solution and Hospital Claims Management Systems have been recognized as […]

Gopher Investments Responds to Playtech’s Statement Regarding Gopher’s USD 250 Million Offer for Finalto

HONG KONG–(BUSINESS WIRE)–NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION Gopher Investments (“Gopher”), a 4.97% shareholder in Playtech plc (“Playtech”), today issues the following release to […]

Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA

Leading issuer and acquirer in Nordic and Baltic regions enhances its fraud platform with ACI Fraud Management ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy, contributing to a sizeable decrease in card fraud MIAMI–(BUSINESS WIRE)–#ACIW—ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, […]

Caixa and Fiserv Complete First Merchant Transaction via Maquininha CAIXA Pagamentos

Partnership signed in April 2021 has first transaction carried out today in city of Samambaia (DF) BROOKFIELD, Wis. & SÃO PAULO–(BUSINESS WIRE)–Caixa Econômica Federal (“CAIXA”) and Fiserv, Inc (NASDAQ: FISV), a leading global provider of payments and financial services technology, today completed the first payment transaction for a merchant as part of the companies’ recently […]

BlocPal International and OneFeather Announce New OneFeather APP In A Move To Make Digital Banking More Accessible for Indigenous Peoples

VANCOUVER, British Columbia–(BUSINESS WIRE)–BlocPal International Inc., a digital transaction company that integrates blockchain and payment processing solutions to make financial services more affordable and accessible, and OneFeather, a national leader in dedicated Indigenous banking solutions, today announced the launch of a new digital banking application – the OneFeather APP. The launch of the OneFeather APP […]

Debt-Freedom App Charlie Hits 5X User Base Growth in Just Four Months; Adds DirectPay to Its Suite of Tools to Help Americans Get out of Debt

The user-friendly Penguin helping ordinary people get out of debt announces growth numbers and new DirectPay feature to level up its offering from savings tools to making actionable debt payments SAN FRANCISCO–(BUSINESS WIRE)–Charlie, the personal finance app helping users get out of debt without lifestyle sacrifices, today announced new features and a reengineered UI/UX for […]

Tricentis Announces Transformation in 10 Podcast Lineup for Q3

Tricentis continues lineup of special guests with top thought leaders in the FinTech, DevOps, Healthcare and the DEI spaces MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Tricentis, the world’s number one continuous testing platform, today announced the upcoming lineup for its Transformation in 10 podcast series – adding six new episodes to the programming schedule, with one slated to […]

ICE Announces Record Growth in North American Environmental Products as the Market Prices Climate Risk

NEW YORK & LONDON & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record growth in ICE’s North American environmental complex as increasing numbers of participants use these markets to price and manage climate risk. The North American environmental complex is made up of futures and […]

Mercado Bitcoin, Latin America’s Largest Digital Assets Platform, raises $200 Million USD from SoftBank

Largest Series B round in Latin America and SoftBank’s largest crypto investment in Latin America1 Investment values Mercado Bitcoin’s 2TM Group, at $2.1 billion USD2 SÃO PAULO–(BUSINESS WIRE)–2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank […]

Ault Global Holdings Announces That Alzamend Neuro Has Submitted an IND Application for AL001 for Dementia Related to Alzheimer’s Disease

LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that Alzamend Neuro, Inc. (Nasdaq: ALZN) (“Alzamend”), a preclinical stage biopharmaceutical company focused on developing novel products for the treatment of neurodegenerative diseases and psychiatric disorders, submitted an investigational new drug (“IND”) application to the FDA for […]

Cornèr Bank Group Completes Migration of 2.1m Cards to Vestigo’s Card Management Solution

LUGANO, Switzerland & ZAGREB, Croatia–(BUSINESS WIRE)–Cornèr Bank Group, issuer of credit and prepaid cards to private individuals and businesses in Europe, has reached a major milestone in its digital transformation journey by completing migration of its card portfolios across all products and markets to a modern, consolidated solution. Vestigo is a European software provider in […]

New Fintech OneFor Challenges the Remittance and Payment Markets with a Cheaper, Faster and Safer Solution

 – The disruptive end-to-end proprietary solution enables borderless money transfers in less than one second – OneFor’s international transfer fees are nearly 70% less than the remittance market average and nearly half of the World Bank’s Sustainable Development Goal (SDG) target – Led by entrepreneurial FinTech veterans, Marco Abele, Ex-Chief Operating and Digital Officer at […]

BlackRock 2022 Global Income Opportunity Trust Announces Adoption of Plan of Liquidation

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that the Board of Trustees of BlackRock 2022 Global Income Opportunity Trust (NYSE: BGIO, CUSIP: 09258P104) (the “Fund”) approved the adoption of a Plan of Liquidation in accordance with its investment objective of terminating on or before February 28th, 2022. Under the Fund’s Plan of Liquidation, which is […]

Paid for Grades: At-Risk Tampa Bay Students Earn $500 each for Their Good Grades

 91 students in this years’ Paid for Grades class increased their GPA by an average of 44% TAMPA BAY, Fla.–(BUSINESS WIRE)–Paid for Grades (PFG), a not-for-profit academic program that offers incentives to Tampa Bay students who improve their grades, just celebrated its 2020-2021 class of students, presenting nearly 100 students with $500 each. In partnership […]

SRAX Launches Microcaps.com, a Curated Content Site for the Microcap Space

LOS ANGELES–(BUSINESS WIRE)–$SRAX #Microcaps–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has launched Microcaps.com, an editorial content and curated news distribution site. Microcaps.com will feature syndicated press releases and news, as well as investor-facing articles highlighting the microcaps community. The goal […]

Axos Bank Named One of Top 3 Internet Banks

Kiplinger.com also says Axos is one of Best Banks for Parents with Kids SAN DIEGO–(BUSINESS WIRE)–#bankingevolved–For the second straight year, personal finance website Kiplinger.com has named Axos Bank one of the three Best Internet Banks and one of the Best Banks for Parents with Kids. “Axos has appealing no-fee checking accounts for teens, seniors and […]

tZERO Joins Forces with Real Estate Crowdfunding Company, NYCE, to Digitize & Trade $18 Million of Securities in the Company’s Common Stock

NEW YORK–(BUSINESS WIRE)–tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today it has partnered with NYCE Group, Inc. (NYCE), a fintech company focused on real estate crowdfunding, to digitize approximately $18 million of equity interest in NYCE, once they are issued, subject to regulatory approvals, in the company’s upcoming Regulation A+ […]

Credit Builder Kikoff Announces Launch With Over $42M In Funding

Fresh Capital To Boost Expansion of Ultimate Financial Ecosystem for Millennials and GenZ SAN FRANCISCO–(BUSINESS WIRE)–Kikoff, a credit building platform for Millennials and GenZ, announced its launch today, having raised $42.5 million total funding. The company recently secured a Series B round for $30M led by Portage Ventures. Its Series A was led by Lightspeed […]

KlariVis Awarded Experiential Learning in Tech Employment (ELITE) Grant

Engages software engineering team and managed internship program at Exelaration to utilize funds ROANOKE, Va.–(BUSINESS WIRE)–#KlariVis—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announces its selection for the Experiential Learning in Tech Employment (ELITE) grant. The ELITE grant is a partnership between Roanoke Blacksburg Technology Council (RBTC) and GOVirginia, […]

TigerWit Liverpool FC Videos Highlight Pandemic Keyworkers and Club Legends

LONDON–(BUSINESS WIRE)–#Affiliates–Global online trading platform and financial service provider, TigerWit, has today released the latest of two new videos made with their official partner, Liverpool Football Club. The video published today via LFC’s and TigerWit’s official social media platforms is an exclusive Q&A session with Liverpool FC legends. This release comes shortly after another video […]

OnPay Announces Plans to Relocate Headquarters to Atlanta’s Ponce City Market

Payroll software company cements plans to accommodate growth by expanding to iconic building. ATLANTA–(BUSINESS WIRE)–#GrowAtlanta–OnPay, a top-rated payroll and HR software company, will deepen its roots in Atlanta by moving its Midtown headquarters to Ponce City Market. The company selected space in the historic and revitalized building in the Old Fourth Ward neighborhood that will […]

Team of Former Insight Partners Investors Launch Nexa Equity

New Private Equity Firm to Pursue Investments in Differentiated, Rapidly Scaling Lower Middle Market Software and Fintech Businesses SAN FRANCISCO–(BUSINESS WIRE)–Nexa Equity LLC, a private equity firm focused on rapidly scaling lower middle market software and fintech businesses that address markets underserved by technology, today announced its official launch. The firm was founded by Managing […]