Business Wire


LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct

Enterprise B2B insurtech platform doubles business in five-month span MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced the acceleration of its rapid growth, surpassing the $1 billion milestone in insured lease value for residential apartment homes. LeaseLock offers the only fully integrated solution in online leasing checkout systems […]

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation”

Recognized for outstanding financial technology enabling financial institutions with seamless cross-border, cross-currency money movement DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in the fifth annual FinTech Breakthrough Awards for 2021. The company’s innovative cross-border money […]

FAIRWINDS Credit Union Selects Access Softek’s EasyVest Robo-Advisor to Help Members Build Wealth

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced that FAIRWINDS Credit Union has selected its EasyVest™ robo-advisor solution to bring digital investing options to the more than 200,000 members it serves. EasyVest is a digital wealth management solution that manages investments for users. The solution uses a series of questions to […]

Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough Awards

Digital banking platform recognized as an important innovator providing value and impact in the fintech industry SAN FRANCISCO–(BUSINESS WIRE)–Digital banking platform Oxygen today announced that it had been named Best Overall Fintech App in the 2021 FinTech Breakthrough Awards. The awards are held by FinTech Breakthrough, a leading market intelligence organization that recognizes the top […]

First Keystone Community Bank Selects White Clay to Improve Digital Banking, Boost Profitability and Increase Shareholder Value

White Clay introduces new scalable solution for community banks and credit unions LOUISVILLE, Ky.–(BUSINESS WIRE)–White Clay, a fintech company that provides a user-friendly experience to help bankers increase profitability, drive team performance and manage relationships, today announced that Berwick, Penn.-based First Keystone Community Bank will use the new scalable version of its solution to build […]

Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa

NEW YORK–(BUSINESS WIRE)–#ADGM–Abu Dhabi Global Market (ADGM), the award-winning international financial center (IFC), is excited to announce its partnership with OCO Global, a global trade and investment advisory firm with offices in New York and California, to provide in-market support to American businesses looking to access the Middle East and North Africa (MENA) market. ADGM […]

Apple Pay Drives OEM Pay Contactless Transactions to Exceed $1 Trillion in 2022, as Covid-19 Boosts Contactless Retail Payments: Kaleido Intelligence

OEM Pay Continue to Be Increasingly Popular for Instore Payments, but Lag Behind Contactless Card Transactions Globally LONDON–(BUSINESS WIRE)–OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds fintech and payments research specialists Kaleido Intelligence. This is up 377% from pre-COVID-19 levels in […]

Duco: Manual Process Errors Top List of Data Reconciliation Pain Points for Financial Firms During Pandemic

Nearly a third (28%) of financial services organisations say mistakes from manual processes are their biggest data reconciliation pain point amid the work-from-home drive, research shows LONDON–(BUSINESS WIRE)–Nearly a third (28%) of financial services organisations say that mistakes from manual processes are their biggest data reconciliation pain points. This is according to research released today […]

FINCI Goes Live with Temenos in Record Time in Less Than 4 Months

Lithuanian fintech is launching intelligent financial management tools with instant multi-currency payments powered by next-generation Temenos Payments in the cloud Temenos Payments and core banking platform enables FINCI to accelerate time to market, create hyper-efficient business models and leverage open banking to deliver financial value-added services for individual and business clients Temenos is the de […]

Seeds Partners With JUST Capital to Deliver Deeper Portfolio Impact Insights to Advisors and Investors

Partnership will enable Seeds to offer relevant metrics for advisors to improve prospecting and deepen client engagement NEW YORK–(BUSINESS WIRE)–Seeds, a financial technology firm that empowers financial advisors to offer clients a more intentional, purposeful, and personalized investing experience, has partnered with JUST Capital to deliver engaging impact insights to advisors and the clients they […]

SRAX Releases the Shelf Registration Feature on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–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 its Shelf Registration Feature. This new Sequire addition combines data and technology to provide actionable insights to public companies in regards to their shelf availability. The […]

FinTech SendGold & EML Start A Gold Rush With Mobile Wallet Innovation Deepening SendGold’s Physical Gold Platform Capability

BRISBANE, Australia–(BUSINESS WIRE)–SendGold, the award-winning FinTech platform, providing digital access to physical gold, has changed its name to Rush Gold. The rebrand is aligned with the launch of the company’s mobile Rush Mastercard® card, issued directly to the customer’s mobile wallet and accessed on Apple Pay, Samsung Pay or Google Pay. Rush has partnered with […]

Juniper Research: Mobile Payment Tokenisation Revenue to Exceed $53 Billion Globally by 2025, as OEM Pays & Wallets Drive Adoption

BASINGSTOKE, England–(BUSINESS WIRE)–#instorecommerce–A new study from Juniper Research has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account details are replaced with data useless to fraudsters, is taking hold in both in-store and remote commerce. This strong […]

Strata Equity Group Deploys LeaseLock Within Online Resident Leasing to Eliminate Deposits

The preeminent multifamily owner instantly upgrades the resident move-in experience across nearly 20,000 apartment homes nationwide MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced Strata Equity Group has implemented LeaseLock Zero Deposit™ across its entire portfolio. Strata manages nearly 20,000 apartment homes across 73 communities in 11 states, […]

Gainsight Delivers Record-Breaking Year, Surpassing $100 Million ARR as Momentum for Customer Success Movement Accelerates Worldwide

Partnership with Vista Equity Partners highlights a year in which Gainsight saw Customer Success and net dollar retention become mission-critical for businesses of all sizes, in all industries, around the world SAN FRANCISCO–(BUSINESS WIRE)–Gainsight, the Customer Success Company, today announced highlights from a record-breaking fiscal year. The company’s momentum comes on the heels of a […]

Cambridge Savings Bank Announces Successful Transition of Melrose Bank Acquisition; Go-Forward Plan Prioritizes Community Engagement, Charitable Giving and Relationship-Centric Service

Cambridge Savings Charitable Foundation Donated $100k to Local Nonprofits Chosen by Melrose Customers CAMBRIDGE, Mass.–(BUSINESS WIRE)–#Melrose—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has successfully transitioned Melrose Bank customers and added CSB’s 17th physical location. Following the acquisition of Melrose Bank […]

Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level

Multi-chip architecture points way to continued increases in performance of Toshiba’s optimization computer. Potential to create a game-changing shift in complex financial transactions and robotics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502), the industry leader in solutions for large-scale optimization problems, today announced a scale-out technology that minimizes hardware limitations, an evolution of its optimization computer, the […]

Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida

COLUMBIA, S.C.–(BUSINESS WIRE)–#DigitalTransformation–Seibels is pleased to announce another successful implementation for its client, Gulfstream Property and Casualty Insurance Company, as their latest deployment went live on March 1, 2021. A Guidewire Preferred BPO Provider, Seibels launched Guidewire for policy administration, billing, and digital engagement, positioning Gulfstream to offer their agents and policyholders an enhanced user […]

Clair Named “Future of Work” Finalist at SXSW Pitch

Social-impact fintech pioneer selected from over 500 applicants to showcase its instant pay technology NEW YORK–(BUSINESS WIRE)–Clair, a social-impact embedded fintech startup transforming the way that hourly employees get paid, today announced its selection as a finalist in the Future of Work category at the 11th annual SXSW Pitch. Clair was selected from more than […]

Award-Winning NYC PR Firm SourceCode Communications Launches Purpose-Driven Agency for Working Moms

Nearly 2.4 million women have exited the workforce since February 2020; WeRaise PR is the Industry’s First Agency Founded to Support & Advance Working Moms and Caregivers, Hires Moon Vitiello as Managing Director NEW YORK–(BUSINESS WIRE)–SourceCode Communications, award-winning technology communications agency, has announced the launch of WeRaise PR, a full-service public relations agency that delivers […]

NTT DATA Launches Platea Banking – A New Digital Banking Platform That Helps Banks Compose Innovative Open Banking Propositions

Platea Banking has been designed to empower banks and enable them to compete with fintechs and neobanks, by quickly launching new business models and differentiated services TOKYO–(BUSINESS WIRE)–#LATAM—NTT DATA, a recognised leader in consulting and IT services for the banking and financial services industry, today announced the launch of Platea Banking, a new digital banking […]

Zilliqa Capital Launches a New Approach to Grow Southeast Asian Financial Ecosystem

The firm will be led by Co-Founder and former CEO of Ether Capital, Michael H. Conn, alongside executives and thought leaders from Outlier Ventures, WazirX (a Binance brand), Kenetic Capital, Wave Financial, gumi Cryptos Capital, Sky Mavis/Axie Infinity, Tokensoft, Singapore University of Social Sciences, and Zilliqa Research SINGAPORE–(BUSINESS WIRE)–Zilliqa Capital Pte. Ltd., the Singapore-based technology […]

Launch: Financial Technology Association to Advocate for Consumer-Centric Fintech Development

Shaping the Future of Technology-Driven Financial Markets and Services WASHINGTON–(BUSINESS WIRE)–The Financial Technology Association (FTA), a new trade group formed by leaders of the technology-centered financial services industry, today announced the launch of its organization and the publication of its introductory paper, “Shaping the Future of Finance.” FTA will educate stakeholders and support the modernization […]

First American Data & Analytics Data Now Available on Snowflake® Data Marketplace

—Industry-Leading Property, Mortgage and Ownership Insight Now Available in the Cloud— SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF) and a leading global provider of property and ownership data and advanced analytic solutions, announced today it has joined Snowflake Data Marketplace. Availability of highly curated property […]

 Apex Clearing Recognized by Fast Company as One of the World’s Most Innovative Companies

DALLAS–(BUSINESS WIRE)–Apex Clearing Corporation (“Apex” or the “Company”), the fintech for fintechs powering innovation and the future of digital wealth management, today announced that it has been named to Fast Company’s esteemed annual list of the ‘World’s Most Innovative Companies’ in 2021 in the category of finance. “At Apex, we are committed to creating technology-based […]

The Change Company Launches Initiative to Expand Homeownership in Low to Moderate Income Communities

$1 billion initiative launched based on recommendations made by The Change Company’s Community Advisory Board Coalition of 18 Banks provided over $80 million to finance the initiative The Change Company sponsored and published research conducted by Prosperity NOW with best practices for expanding homeownership in low income communities IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Change Company, America’s Community […]

New Innovative FIS Program Aims at Retiring Student Loan Debt for Next Generation of Company Leaders

Key facts: FIS’ recruitment benefit pays down student loan debt for eligible college graduate hires within the U.S. Starting this year, hires in the FIS University program are eligible for the debt repayment program after one year of service. U.S. college students are overwhelmed with $1.5 trillion in loan debt, with minority students being most […]

Wescom Springs for Free Coffee as Part of Annual Daylight Saving Time Promotion

Southern Californians Will Receive a Free Beverage at Select The Coffee Bean & Tea Leaf® locations this Sunday, March 14, Courtesy of Wescom Credit Union PASADENA, Calif.–(BUSINESS WIRE)–When the clocks change this Sunday for Daylight Saving Time, it means one less hour of sleep for most people. Wescom Credit Union is helping make the morning […]

Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that $6.2 billion-asset Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members. Redstone FCU successfully leveraged the NCR DI platform for consumers for years, delivering a digital banking experience […]

Cheese Launches First-of-Its-Kind Digital Banking Platform Supporting Asian Communities

Revolutionary digital banking platform provides zero-fee, cashback banking to customers while providing a seamless way to give back to Asian communities and businesses PASADENA, Calif.–(BUSINESS WIRE)–Cheese, a revolutionary digital banking and social cause platform, announced its brand launch today. Cheese will serve primarily Asian-Americans and immigrants in the U.S. providing customers accessible, zero-fee, rewards-based banking […]

 WEX Continues to Bring Value to Sourcewell Members

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, has been awarded a multi-year contract renewal with Sourcewell, an agency that serves the education, nonprofit and government sectors by giving their clients access to competitively solicited cooperative contracts. “This agreement will continue to deliver value for our participating agencies,” says Kelly McAllister, supplier […]

Ault Global Holdings Announces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer

LAS VEGAS–(BUSINESS WIRE)–$AP #AP–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide”), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (“Enertec”). Enertec, based in Israel, […]

Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance

Investment from Insight Partners backs Corvus’s streamlined, digital-first approach in the largest cyber insurance financing ever BOSTON–(BUSINESS WIRE)–Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced it has secured $100 million in Series C funding in a round led by global venture capital and private equity firm […]

Jiangong EIC Held a Groundbreaking Ceremony, the Global Fintech Super Alliance (FSA) Was Formally Established

The University Center cooperates with Jiangong for constructing the Third City, Kicks off World-Class Landmark, Global Megacity HANGZHOU, China–(BUSINESS WIRE)–On March 10, 2021, Jiangong’s EIC held its first Global Fintech Super Alliance (FSA) while officially announcing the start of a new global megacity. IMAX super stage, huge LED screens, AI powered robots welcoming guests, and […]

AWS Announces New Lower Cost Storage Classes for Amazon Elastic File System

One Zone storage classes provide single Availability Zone (AZ) storage at a 47% lower cost than existing multi-AZ storage classes Capital One, Regeneron Pharmaceuticals, and Qube Research & Technologies among customers using One Zone storage classes for Amazon Elastic File System SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced new […]

Riskalyze Launches "Build My Tech Stack" Tool: Industry’s First Step-by-Step Guide for Advisors to Design Their FinTech Integrations

“Integrations” has been loosely bandied about as a buzz-word for far too long, offering a lot of “what” but scarcely any “how” Using Riskalyze’s new proprietary tool, advisors can quickly assemble their ideal tech solutions, saving countless hours of frustration AUBURN, Calif.–(BUSINESS WIRE)–#FinTech—Riskalyze, the company that serves tens of thousands of financial advisors with risk […]

SeekOut Raises $65 Million in Series B Funding to Accelerate Talent 360, an AI-Powered Platform to Find, Hire, Retain and Grow Talent

REDMOND, Wash.–(BUSINESS WIRE)–SeekOut, the AI-powered Talent 360 platform, today announced $65 million in Series B funding led by Tiger Global Management, with participation from existing investors Madrona Venture Group and Mayfield. This capital raise brings SeekOut’s total funding to $73 million and reflects 10X growth in the 21 months since the company’s Series A round, […]

Logicly Announces Integration with Top CRM Software

Logicly announces an integration with Redtail Technology, creating single sign-on access for streamlined investment analysis NEW YORK–(BUSINESS WIRE)–Logicly, the investment analytics platform from ETFLogic, has announced an integration with Redtail Technology (“Redtail”), the leading CRM technology provider for financial advisors, Logicly is a resource for financial advisors to streamline investment analytics and portfolio tools. This […]

Astera Credit Union Sees 35% Higher Loan Balances Per Member with the Help of Kasasa

Credit union deepens account relationships in the wake of COVID-19 AUSTIN, Texas–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, worked with Astera Credit Union to deepen its relationships with account holders and experience 35% higher average loan balances per member. Difficult economic conditions resulting from the pandemic have forced financial institutions executives to make […]

Monte Carlo Launches Chief Data Officer Advisory Board with Leaders from UnitedHealthcare, Buzzfeed, Autodesk, Western Digital, and Other Data-driven Organizations

SAN FRANCISCO–(BUSINESS WIRE)–#data–Monte Carlo, the data reliability company, today announced the formation of its Chief Data Officer (CDO) advisory board. The advisory board was launched to help Monte Carlo and the emerging data observability market better serve customers on their journeys to data trust, advise their product roadmap, and pioneer the data observability category. This […]