Business Wire


Acceleprise Closes $30M Across Two New Funds, Rebrands to Forum Ventures

SAN FRANCISCO–(BUSINESS WIRE)–#SoftwareasaService—Acceleprise, a leading early-stage B2B SaaS venture capital firm, accelerator, and corporate innovation platform, announced the launch of a new seed fund, the close of a fourth fund for their flagship pre-seed program, and a new brand, Forum Ventures. Their new Seed fund totals $13.2M and is backed by leading SaaS executives and […]

Trux Achieves Key Growth Milestones on Contech Platform

Dump truck logistics technology platform gains market momentum with over 12,000 businesses served and new strategic partnerships FRAMINGHAM, Mass.–(BUSINESS WIRE)–Trux™, the leader in dump truck logistics technology, announced today that it has achieved 5 major milestones. This comes on the heels of achieving top-line revenue growth of 133% in 2020. So far this year, Trux […]

Access Softek Launches New Payment Features for Commercial Digital Banking Platform

Integration with Autobooks, Advanced Fraud Solutions provide accounts receivable/payable and fraud protections to small and medium businesses BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking provider, recently launched new payment features in its Commercial Banking solution via SSO integrations with Autobooks and Advanced Fraud Solutions (AFS). Together with Autobooks, Access Softek’s Commercial Banking enables small […]

Western Union Collaborates with Leading French Fintech Linxo to Launch Digital Money Transfers

3.5 million app users can now send money locally and globally, quickly, conveniently, and reliably, 24/7 PARIS–(BUSINESS WIRE)–Western Union, a leader in cross-border, cross-currency money movement and payments, has collaborated with Linxo, a leading budget management and bank account aggregation application in France, to enable users to make local and cross-border payments through Western Union’s […]

Social Investment Network eToro Reports Year-Over-Year Growth in Total Commissions

Total commissions of $347 million for Q1 2021, up 141% compared with Q1 2020 NEW YORK–(BUSINESS WIRE)–eToro Group Ltd (“eToro” or “the company”), a multi-asset investment platform that empowers people to grow their knowledge and wealth as part of a global community of successful investors, announced today its first quarter 2021 interim financial results. Highlights […]

UpEquity Appoints Andy Pruitt as Chief Technology Officer

Tech veteran and former co-founder brings nearly 20 years’ experience as a CTO UpEquity has scaled to 65 employees and plans to expand into 10 new states by end of 2021 UpEquity is building automated underwriting technology to offer market-leading interest rates and a mortgage close in under 10 days AUSTIN, Texas–(BUSINESS WIRE)–#UpEquity—UpEquity, the tech-enabled […]

IDBI Intech Ltd., India’s leading Digital Banking transformation player announces partnership with Lemon Advisors UK Ltd., to expand into Southeast Asia, Japan, Australia, UK & EU

MUMBAI, India–(BUSINESS WIRE)–#Complianceasaservice–India’s leading Digital Banking Technology Transformation company, IDBI Intech Ltd., announced a strategic partnership with one of UK’s most definitive technology advisory firms, Lemon Advisors UK Ltd., to extend their Fintech products and services for the Banking & Financial Services Sector to new global markets. Some of the standard global technology offerings by […]

OneNexus Environmental Launches With Mission to Remedy Trillion-Dollar Aging Oil & Gas Well Infrastructure Problem

Energy Startup Will Play Crucial Role in Helping the Fossil Fuel Industry Proactively Reduce Methane and Other Greenhouse Gas Emissions HOUSTON–(BUSINESS WIRE)–Oil & Gas industry veteran Tony Sanchez III, Founder & former CEO of Sanchez Energy Corporation, today announced the official launch of OneNexus Environmental. The forward-thinking energy start-up is a financial technology (fintech) energy […]

SmartMetric Announces Breakthrough Anti-spoofing Technology for Its Advanced Fingerprint Biometric Safeguarded Credit and Debit Cards

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): SmartMetric has invented a hardware and software solution that detects whether or not the finger being used to activate the card is from an actual person or not. This “liveness detection” anti-spoofing technology developed by SmartMetric is designed to defeat attempted use of fake fingerprints using such things as […]

ISG to Publish Studies on Digital Banking Services and Platforms

Upcoming ISG Provider Lens™ reports will examine digital providers and platforms as the COVID-19 pandemic pushes banks to embrace online services STAMFORD, Conn.–(BUSINESS WIRE)–$III #DigitalBankingPlatforms–Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched two research studies examining providers of digital banking services and digital banking platforms as the […]

JPMorgan Chase Takes 40% Stake in Brazil’s C6 Bank

Strategic investment creates partnership to accelerate C6’s growth; complements Chase’s international consumer strategy NEW YORK & SAO PAULO–(BUSINESS WIRE)–JPMorgan Chase (NYSE: JPM) and C6 Bank announced today that they have entered into a strategic agreement, whereby JPMorgan Chase will take a 40% ownership stake in the full-service Brazilian digital bank, subject to regulatory approvals. Financial […]

SRAX Releases Automated Email and SMS Features on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SRAX–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 two new Sequire features. The Email Feature adds automation to the existing email system, while the SMS Feature provides the tools to send text messages. […]

Zūm Rails Powers Questrade’s New Instant Deposit Feature Allowing Millions of Users to Start Trading Instantly Through Real-Time Payments Technology

MONTREAL–(BUSINESS WIRE)–#RTR–Zūm Rails, a leader in fast and intelligent payment operations, is pleased to announce that it has partnered exclusively with Questrade in the online brokerage space to provide an enhanced investing experience by providing an instant funding option. Questrade users can transfer funds in real-time from their bank account to their trading account through […]

Inclusive Fintech 50 launches 2021 competition to recognize early-stage fintechs driving innovation in an era of uncertainty

An independent panel of leading fintech experts will select 50 innovative inclusive fintech startups helping communities rebuild from the pandemic WASHINGTON–(BUSINESS WIRE)–#InclusiveFintech50–The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the […]

InvoiceCloud Updates IVR Offering with Enhanced Features

New Capabilities will Advance Self-Service and Customer Satisfaction BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart solution for online bill payment services, announced Interactive Voice Response (IVR) enhancements today, giving billers and their customers more omnichannel options for contactless bill payments and account management. The IVR system allows payers to quickly and easily pay their tax, insurance, utility or […]

Cantaloupe, Inc. Added to US Small-Cap Russell 2000® Index

MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #RussellRecon—Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced that the Company has been added as a member of the Russell 2000® Index effective after the US market opens on June 28, 2021. Annual […]

ICE’s Global Commodities Futures Markets Reach Record Open Interest of 35.2 Million Contracts

LONDON & NEW YORK & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest across its global commodities futures markets of 35.2 million contracts on June 24, 2021, contributing to 10% year-over-year (“y/y”) growth in total open interest on ICE and surpassing the previous […]

Celligence Launches to Drive Empathetic Technology

NEW YORK–(BUSINESS WIRE)–Celligence (www.celligence.com), a new fintech venture that has been funded by Pavan Agarwal (CEO of Sun West Mortgage Company, Inc. www.swmc.com), is innovating to make financial services products better through empathetic technology. As part of this start up, Celligence is looking for experienced software engineers to develop next-generation financial technologies that can change […]

Paystand Accelerates Digital-First B2B Payments with the Launch of Smart Lockbox

Finance teams can now effortlessly transition to a fully automated cash cycle and unlock new revenue in the process SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–#B2BPayments—Paystand – the leader in blockchain enabled B2B payments – today announced the launch of Smart Lockbox, the digital-first alternative to traditional lockbox services. Now, for the first time, businesses will have the […]

Walmart MoneyCard, Issued by Green Dot Bank, Now Offered as Demand Deposit Accounts with Enhanced Digital Banking Tools and Features for Customers

Account holders gain access to Green Dot Bank’s comprehensive digital banking platform that will evolve with more innovative features over time BENTONVILLE, Ark., & PASADENA, Calif.–(BUSINESS WIRE)–Walmart (NYSE: WMT) and Green Dot (NYSE: GDOT) today announced the Walmart MoneyCard issued by Green Dot Bank is now offered as a demand deposit account (“DDA”) better equipped […]

Charles River® Named Best Fixed Income OEMS at 2021 European Markets Choice Awards

LONDON–(BUSINESS WIRE)–#FixedIncome–Charles River Development, a State Street company, has won “Best Fixed Income Execution/Order Management System” in the inaugural European Markets Choice Awards. Sponsored by MarketsMedia, the awards identify and recognize the best companies, individuals and innovation in financial markets. The 2021 awards span institutional trading and technology sectors, including buy-side traders; sell-side execution desks; […]

Flueid Achieves SOC 2® Compliance Following Rigorous SOC 2 Type 2 Security Examination by a Top Global Accounting Firm

Company achieves unqualified SOC 2 (SOC for Service Organizations: Trust Services Criteria) Type 2 examination report for its Flueid Decision solution. Securing this high standard of compliance less than a year following Flueid Decision’s production release reinforces Flueid’s culture of stringent information security across all levels of the organization. AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading independent […]

Capitalize and Bankrate Partner to Help Users Find and Roll Over Legacy 401(k) Accounts to Better Save for Retirement

The new partnership provides Bankrate users with a free way to find and roll over retirement accounts like 401(k)s through Capitalize’s online platform NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and Bankrate, one of the most trusted names in personal finance, today announced a new partnership offering Capitalize’s 401(k) rollover platform […]

Netcapital Inc. Portfolio Company Zelgor Launches Successful Test of First Mobile Game

Thousands download Noobs in Space in opening week of early access campaign. BOSTON–(BUSINESS WIRE)–$NCPL #mobilegames—Netcapital Inc. (OTCQX: NCPL) announced that portfolio company Zelgor Games has successfully launched a stability test of their first mobile game, Noobs in Space. The game is available for download on Google Play’s Early Access Store in India through July and […]

USALLIANCE Financial Selects FIS’ Payments One to Modernize Credit and Debit Card Processing

Key facts USALLIANCE Financial will tap into the robust capabilities of FIS’ Payments One to streamline and modernize its portfolio of card offerings. FIS’ Payments One platform streamlines payments services into a single program including credit and debit card processing, loyalty, fraud protection, and card production. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) announced […]

Entrust Achieves Visa Ready Certification for Instant Financial Card Issuance Solutions, Joins Visa Fintech Partner Connect Program

Certification signifies Entrust instant financial issuance solutions meet Visa standards and payments regulations MINNEAPOLIS–(BUSINESS WIRE)–Entrust, a leading provider of trusted identities, payments and data protection, today announced that it has become a Visa Ready certified partner, offering their market-leading portfolio of Instant Financial Card Issuance solutions and expert guidance to help financial institutions create a […]

Javelin Strategy & Research Names NCR Terafina Overall Leader in 2021 Small Business Digital Account Opening Scorecard

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced that it is recognized as an overall leader in Javelin’s 2021 Small Business Digital Account Opening Scorecard. Additionally, the report recognizes NCR Terafina as the leader in the user experience evaluation category and among the top three vendors evaluated in the customer journey […]

Ault Global Holdings Names Christopher K. Wu Executive Vice President of Alternative Investments of the Company and as the President of Ault Alliance, Inc., a Wholly Owned Subsidiary of the Company

Financial Expert Brings Over 20-Years’ of Investment Banking, Financial Restructuring and Principal Investment Experience LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced it has hired Christopher K. Wu to fill the new position of Executive Vice President of Alternative Investments of the Company and the President […]

NYDIG and Q2 Announce Collaboration to Offer Integrated Bitcoin Solutions for Financial Institutions via Q2’s Digital Banking Platform

Integration will allow Q2’s clients to offer their more than 18 million customers the ability to buy, sell and hold Bitcoin Collaboration will be powered by NYDIG’s secure, regulated, full-stack Bitcoin platform NEW YORK & AUSTIN, Texas–(BUSINESS WIRE)–NYDIG, a leading technology and financial services firm dedicated to Bitcoin, and Q2 Holdings, Inc. (NYSE:QTWO), a leading […]

Financial Institutions Can Now Provide Consumers Easy Access to Bitcoin via Fiserv and NYDIG

Banks and credit unions of all sizes can facilitate buying, selling, and holding bitcoin within their digital banking platforms BROOKFIELD, Wis.–(BUSINESS WIRE)–#BTC–Financial institutions of all sizes now can enable consumers to buy, sell and hold bitcoin through their bank accounts via an integration between Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and […]

Morgan Stanley Launches Next Level Fund in Partnership with Hearst, Microsoft and Walmart to Invest in Diverse Start-Ups

Fund to Invest in Women and Multicultural Founded Early-Stage Companies Fund builds on expertise from the groundbreaking Morgan Stanley Multicultural Innovation Lab and HearstLab sourcing disruptive technology and technology-enabled start-ups NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management (MSIM) and the Multicultural Strategy Group today announced it has launched Morgan Stanley Next Level Fund, L.P. (“Next Level” […]

Community First Bank Selects Q2’s Digital Banking Platform

Washington-based community bank partners with Q2 to deliver a seamless digital banking and wealth management experience for its clients AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Community First Bank of Kennewick, Washington chose Q2’s best-of-breed platform to deliver a unified digital banking […]

GeoWealth Powers Global X’s ETF Model Portfolios to Explosive Growth in US

Since 2018 introduction directly to US Registered Investment Advisors, models have seen a CAGR of 350+% CHICAGO–(BUSINESS WIRE)–GeoWealth, a TAMP built specifically for Registered Investment Advisors (RIAs) with $15B in platform assets and north of $6B in AUM, is pleased to announce that Global X, a New York-based provider of ETFs owned by Mirae Asset […]

Significant Shortfalls in Third-Party Insurance Coverage Detailed in New Report

Enterprise Insurance Verification Inadequacies Create Risk of Vicarious Liability Lawsuits ATLANTA–(BUSINESS WIRE)–#Insurtech–Evident, a leading insurance verification service provider, observed that 75% of third-party vendors fail to comply with enterprise insurance requirements despite being contractually obligated to do so. The findings are highlighted in Evident’s “State of Third-Party Insurance Verification” report, which draws on an analysis […]

Bank of America Launches Personal Retirement Strategy, a New Digital Investment Advisory Program

Latest Addition to Financial Life Benefits® Suite of Workplace Solutions Provides Investment Guidance to Help Employees Achieve Retirement Income Goals CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Institutional and corporate retirement plan clients can now offer this Merrill program designed to help plan […]

Passbook by Remitly Launches Suite of New Features

Amid strong customer demand, financial services provider Remitly doubles down on vision of financial inclusion SEATTLE–(BUSINESS WIRE)–Remitly, the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app. Remitly is rethinking how immigrants access banking services, and with the […]

Oxygen Debuts “Elements” Loyalty Program for Debit Cardholders, New Look

The company has also launched P2P “Friends” money feature in addition to a suite of flexible saving features specifically designed to help creators, freelancers and other DIYers pay collaborators and achieve multiple savings goals SAN FRANCISCO–(BUSINESS WIRE)–Digital finance platform Oxygen today announced an ambitious new loyalty and savings program, Oxygen Elements, with four different levels […]

NXTsoft and Upstart Partner to Streamline Delivery of AI-Based Lending Platform to Banks and Credit Unions

BIRMINGHAM, Ala. & SAN MATEO, Calif.–(BUSINESS WIRE)–NXTsoft (nxtsoft.com), the market leader in secure, comprehensive and complete API connectivity, and Upstart (NASDAQ: UPST), a leading AI lending platform provider, today announced a partnership that will enable Upstart to more efficiently implement its all-digital AI lending platform to any U.S.-based financial institution. Upstart’s AI model leverages over […]

OLB Group to Enable Secure Digital Asset Transfer With NFT Solutions on Ethereum Platform

Fintech company implementing non-fungible token (NFT) capabilities to secure sales of electronic tickets and other digital assets using blockchain tokens NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small and mid-sized merchants, announced that its SecurePay payment gateway will support the transfer or sale of […]

Compliance Systems Signs 48 New Financial Institutions in First Quarter

Midwest BankCentre, RCB Bank, Select Bank and Trust among trending list of financial institutions improving account opening experiences GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Compliance Systems, the financial industry’s leading provider of modern digital and dynamic compliance documentation, today announced that 48 banks and credit unions have partnered with the company in the first quarter of 2021 to […]