Business Wire


Zeni Launches AI-Powered Finance Concierge for Startups

With $13.5M in Funding, Zeni Brings Real-Time Insights to Startup Founders via Intelligent Bookkeeping, Accounting, and CFO Services PALO ALTO, Calif.–(BUSINESS WIRE)–Modern bookkeeping fintech Zeni today launched the first AI-powered finance concierge for startups, making its intelligent bookkeeping, accounting, and CFO services available to businesses across the United States. The company also announced it has […]

USA Technologies Enhances VMS Platform for Small and Medium Business Customers with Next Generation of Seed Cashless+

Integration with Seed Mobile Enables Operators to Track Route Stops in the Field and Update Inventories On-the-Go via iOS Mobile App MALVERN, Pa.–(BUSINESS WIRE)–$USAT #SCP—USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a software and payments company that provides end-to-end technology solutions for the unattended retail market, today announced the general availability of Seed Cashless+. This next […]

Sontiq® Acquires Fintech Provider Breach Clarity

Sontiq Adds Nationally Known Fraud, Banking and AI Experts to Lead Company’s Data Breach and Financial Fraud Protection Initiatives BOSTON–(BUSINESS WIRE)–#BreachIQ—Sontiq, the leader in Intelligent Identity Security (IIS), today announced it has acquired award-winning data breach intelligence fintech Breach Clarity. As a result of the acquisition, Sontiq’s products – IdentityForce, Cyberscout, and EZShield – all […]

HighRadius Partners with Sage To Provide End-to-End Accounts Receivable Automation

Specifically designed for mid-sized businesses, HighRadius RadiusOne A/R suite is a plug and play A/R transformation platform which can be deployed in under four weeks HOUSTON–(BUSINESS WIRE)–#AIpoweredsolutions—HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced a new partnership with Sage. As part of the agreement, HighRadius […]

Automotive Online Sales Platform Digital Motors Expands into Canada

Digital Motors completed $10 million Series A to finance future growth IRVINE, Calif.–(BUSINESS WIRE)–#autofinance—Digital Motors®, the groundbreaking online sales platform for automotive dealerships and manufacturers, today announced its expansion into Canada. The company is financing its international expansions with the proceeds of a $10 million Series A funding round led by DN Capital based in […]

Franklin Templeton Partners with iGrad on New Personalized Financial Wellness Platform

SAN DIEGO–(BUSINESS WIRE)–Franklin Templeton has partnered with San Diego-based financial education company iGrad to develop MyFi Guide™, a financial wellness digital platform designed for financial professionals to share with defined contribution (DC) plan sponsors and participants. Powered by iGrad’s award-winning Enrich™ financial wellness solution, MyFi Guide features the Your Money Personality™ financial behavior assessment, which […]

Mastercard Accelerates Deployment of Digital First Solutions

Mastercard Engage platform expansion provides customers with fast and easy access to new set of qualified technology partners PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard is expanding the Engage platform, offering customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These solutions will enable customers to provide […]

Transact Celebrates International Women’s Day

Company Reinforces Commitment to Equality and Inclusion, Calls for Team Members to Renew Their Commitment as One Transact PHOENIX–(BUSINESS WIRE)–#choosetochallenge–More than 480 team members at Transact, the leader in innovative payment solutions for a connected campus, celebrated International Women’s Day today as the company reinforced its commitment to equality and inclusion. In a company-wide memorandum, […]

InterPrice Technologies, Inc. Closes $2.5 Million Seed Round

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, Inc., a woman-owned early-stage debt capital markets fintech platform, has raised $2.5 million in seed funding led by Bowery Capital, with participation from Chaos Ventures, Operator Partners, and Dash Fund. InterPrice Technologies, Inc. is a financial technology company that empowers corporate Treasury teams to make financing decisions with accuracy and precision. […]

WEX Teams up With Ford for New Commercial Fleet Referral Arrangement

New Fuel Card Referral Arrangement to Deliver WEX Cards to Ford Commercial Solutions (“FCS”) Fleet Customers PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, today announced that it has reached an agreement with Ford Smart Mobility LLC (“FSM”), a part of Ford Motor Company, which is one of the largest commercial vehicle manufacturers […]

FT1000: TIS Among Europe’s Fastest Growing Companies for the Third Time

The expert for cloud-based corporate payments ranked among the FT1000 Fastest Growing Companies Europe by the Financial Times and Statista WALLDORF, Germany–(BUSINESS WIRE)–#FT1000—The new “FT1000: Europe’s Fastest Growing Companies” ranking by the Financial Times and Statista was published on 2nd of March. It is a list of the European companies that achieved the highest compound […]

ACI Worldwide to Drive Payments Modernization for Boots, the UK’s Pharmacy-led Health and Beauty Retailer

ACI Omni-Commerce to help Boots customers throughout their omni-channel shopping journeys MIAMI & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with Boots UK, part of Walgreens Boots Alliance, to drive payments modernization for the UK’s pharmacy-led health and beauty […]

Razer Anzu Smart Glasses Combine Multi-Lens Eyecare and Open-Ear Audio to Connect in Style

Exclusive available from Best Buy and Razer.com are Razer’s new and versatile, smart eyewear that provide immersive low-latency Bluetooth™ audio and protect your eyes from harmful light – while working from home or on the go. IRVINE, Calif.–(BUSINESS WIRE)–#audio–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the Razer […]

Insurity’s Fully Integrated MGA Software Now Powers Five of the Top 10 MGAs and Improves Productivity by Up to 30 Percent

Insurity’s software enables MGAs to use a single user interface, enter data one time into only one system and automatically integrates it across rating, proposal, policy, and reporting systems MGAs are empowered to quickly introduce new products to the market across diverse risks such as cyber, drones, co-working, gig-economy, and climate change, among others HARTFORD, […]

Ault Global Holdings Resumes Bitcoin Mining

Alliance Cloud Services Begins Initial Buildout of 617,000 Square Foot Michigan Cloud Data Center Providing Up to 300MW of Low-Cost Power LAS VEGAS–(BUSINESS WIRE)–$AP #AP–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that it has resumed bitcoin mining through its wholly-owned subsidiary, Ault Alliance, Inc., at its 617,000 […]

BJ’s Wholesale Club Adds Online EBT Payment Option for In-Club Pickup and Curbside Pickup Orders in Select States

Retailer helps members shop more conveniently by offering online EBT payment in Florida and North Carolina WESTBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States, announced that it now accepts EBT payments for SNAP eligible items on BJs.com for in-club pickup and curbside pickup orders […]

Medallion Financial Announces Second Fintech Strategic Partnership at Medallion Bank

NEW YORK–(BUSINESS WIRE)–Medallion Financial Corp. (Nasdaq: MFIN, “Medallion Financial” or the “Company”) announced today that Medallion Bank (Nasdaq: MBNKP, “the Bank”) has entered into a definitive agreement with ClearGage, LLC to provide loan origination services. ClearGage operates a technology platform which allows merchants or providers to offer a point-of-sale consumer finance program and ongoing loan […]

AM Best Assigns Credit Ratings to CRABI, S.A. de C.V.

MEXICO CITY–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of B (Fair), a Long-Term Issuer Credit Rating of “bb+”, and a Mexico National Scale Rating of “a+.MX” to CRABI, S.A. de C.V. (Crabi) (Mexico City, Mexico). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Crabi’s balance sheet strength, which […]

Webinar: Demystifying the Fintech Enablement Ecosystem

i2c Joins Visa and Car IQ to Discuss Enabling Partnerships Through Modern Payments Infrastructure Stacks REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, will be joining host Visa’s webinar on demystifying the fintech enablement ecosystem on March 10th, 2021. i2c CEO and founder, Amir Wain, joins the conversation along […]

Socure and Baker Tilly Partner to Establish Intelligent KYC Assurance for Fintechs and Banking Institutions

Baker Tilly audit of Socure’s Intelligent KYC solution provides product accuracy verification, establishes regulatory compliance, and creates further trust with clients NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leader in Day Zero identity verification, and Baker Tilly, announced today the companies have successfully completed an audit of Socure’s Intelligent KYC solution. The report verifies that Socure’s Intelligent KYC […]

CHSI Technologies Excited to Announce Rebrand to Insurium

Insurium is a Market-Leading SaaS InsurTech Provider Delivering Commercial Insurance Software Configured Like Their Clients’ Business, to Grow Their Clients’ Business DENVER–(BUSINESS WIRE)–#commercialinsurance–CHSI Technologies, the market-leading SaaS InsurTech platform for policy and claims life cycle management, billing, real-time decision support and analytics, announced its exciting rebrand to Insurium. Insurium’s market-leading cloud-based platform provides a 360-degree […]

The Change Company Names B.C. Silver President of Digital Banking

IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Change Company, America’s Community Development Financial Institution (CDFI), has named B.C. Silver to be its President, Digital Banking and the Chief Executive Officer of Change Finance. “I am excited by the opportunity to join The Change Company to bring real change and financial inclusion to underserved individuals, in communities like my hometown […]

CLARA Analytics Offers Rapid-Turnaround Data Quality Service for Insurers

CLARA Network Analyzer Matches and De-dupes Medical Provider Records, Driving Greater Accuracy and Efficiency in Claims Management SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced the availability of Network Analyzer, an API-based data quality service that matches and de-duplicates medical provider records […]

Temenos and Canadian Western Bank Break the Boundaries of SME Banking with an Explainable AI Digital Banking Solution

Temenos Virtual COO offers open banking-driven data aggregation with real-time insights for SME owners to take control of their business growth, ultimately enabling smarter funding First Explainable AI-driven solution in the market empowers SMEs by providing a Virtual Chief Operating Officer in your pocket – a digital advisor for smart decision-making – helping SMEs run […]

KKR to Acquire Integrated Specialty Coverages (ISC)

Growing insurtech company will continue to scale its proprietary insurance platform across the specialty insurance market by leveraging KKR’s deep experience across the insurance value chain NEW YORK & CARLSBAD, Calif.–(BUSINESS WIRE)–Integrated Specialty Coverages (“ISC” or the “Company”), a leading, multi-line insurance distributor that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and […]

Signifyd Expands EMEA Team to Help Merchants Provide Customers With Seamless SCA Experiences

Retail, banking and financial technology experts join the Signifyd team to provide guidance and seamless solutions for merchants facing Strong Customer Authentication regulations LONDON–(BUSINESS WIRE)–#Ecommerce–Signifyd, the market leader in ecommerce guaranteed fraud and consumer abuse protection, introduced an expanded team of veteran SCA experts today from the retail, banking and financial technology fields to serve […]

Pine Labs expands in Southeast Asia

NEW DELHI, India–(BUSINESS WIRE)–#BankingSegment–Pine Labs, a leading merchant commerce platform in Asia, announced key organizational changes to further strengthen its growth opportunities, presence and its commitment to the region. Pine Labs subsidiary, Qwikcilver has made significant progress in evangelising and pioneering the Prepaid Stored Value and Gift Card category in the Southeast Asian region over […]

Next Step Enhances Its Fintech Consulting Model in Response to a Record Number of Core and Digital Banking System Evaluations Being Launched

Next Step Explains How Its Fintech Consulting Model Is Delivering Optimal Client Collaboration & Efficiency ORLANDO, Fla.–(BUSINESS WIRE)–#banking–The pandemic crisis has been a catalyst for transformative initiatives for community banks and credit unions and Next Step has been at the forefront during this transformation. Equipped with an innovative model, Next Step positions its clients for […]

NowLake, a New Fintech Company Formed from Westlake and Nowcom, Announces a Strategic Partnership with National Digital Dealership, Carsfast

LOS ANGELES–(BUSINESS WIRE)–#autoprequalification–NowLake Technology, LLC announces a strategic partnership with Carsfast to enable consumers to buy and finance vehicles through SMS chat bots. Car shoppers will now be able to get a pre-qualification with Westlake Financial and search for cars that fit their payment and amount financed loan criteria through Carsfast’s SMS technology. “The technology […]

Minu, the Largest Pay On Demand Player in Latin America, Raises $14 Million to Cement Financial Wellness in the Mexican Workforce

MEXICO CITY–(BUSINESS WIRE)–#Financialstress—Minu, an employee financial wellness company, today announced that it has raised $14 million in Series A funding. The round was led by FinTech Collective, with participation from VEF, XYZ Ventures, and FJ Labs, as well as DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale. Existing investors QED Investors, Next Billion Ventures, […]

FINBOA Reflects on Record Success in 2020

HOUSTON–(BUSINESS WIRE)–FINBOA, Inc., a leading innovator in digital automation and regulatory compliance for financial institutions, announced record growth in 2020, entering 2021 positioned to reach new heights. FINBOA attributes its continued growth to a growing portfolio of solutions for banks and credit unions, including Regulation E Dispute Tracking, CIP/Loan Exception Tracking, ACH Origination, and Legal […]

Redpoint Survey: Majority of Consumers Say Banks are Failing to Meet Expectations for Personalized Experiences

Consumers Expect Clear, Consistent and Personally Informed Communications from Financial Institutions WELLESLEY, Mass.–(BUSINESS WIRE)–Redpoint Global, a leading software provider that helps brands deliver revenue-generating and personalized customer experiences, today announced new research revealing major gaps in customer expectations and delivery of services by financial institutions. Conducted by Dynata, the survey of more than 1,000 U.S. […]

iCapital Network® Expands Product Offering for Accredited Investors with iCapital KKR Private Markets Fund®

KKR Closes Investment in iCapital Network NEW YORK–(BUSINESS WIRE)–iCapital Network®1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and KKR, a leading global investment firm, today announced that iCapital RF Adviser, a registered investment adviser and subsidiary of iCapital,2 has been appointed investment adviser […]

Ault Global Holdings Buys 9.99% Equity Interest in SunLink Health Systems, Inc.

LAS VEGAS–(BUSINESS WIRE)–$AP #AMEX–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that as of February 26, 2021, the Company and related parties have purchased an aggregate of 683,032 shares of common stock, constituting a 9.9% equity interest in SunLink Health Systems, Inc. (NYSE American: SSY) (“SSY”) at a weighted […]

Dividend Finance Announces the First Governance, Risk & Compliance Solution That Intelligently Links to How Companies Operate

RegLynk GRC Integrates Directly Within Organizations Creating Comprehensive and Intuitive Compliance Risk Management SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, a top-five lender to U.S. residential solar and home energy markets, today announced the public launch of RegLynk, its proprietarily- developed Governance, Risk and Compliance (GRC) platform software solution which will now be made available to third-party customers. […]

Carpe Data Partners with Unqork to Help P/C Insurers Improve Automation, Enhance Accuracy and Reduce Costs Across Rate-Quote-Bind and Claims Solutions

Integration of emerging and alternative data into enterprise no-code platform brings insurers unprecedented speed-to-market and insight SANTA BARBARA, Calif.–(BUSINESS WIRE)–#AI—Carpe Data, a leading provider of emerging and alternative data for insurance, and Unqork, the leading enterprise no-code application platform, have entered into a partnership to help property and casualty (P&C) insurers drive speed, reduce fraud […]

Xendit Raises US$64.6 Million Series B Led by Accel to Scale Its Digital Payments Infrastructure Ushering in a New Era of Economic Security and Reliability in Southeast Asia

JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing digital payments infrastructure for Southeast Asia, announces it has raised US$64.6 million in a Series B round led by Accel to deliver more secure and reliable economic success in the region. Altogether, the company has raised $88 million in funding. Amid Southeast Asia’s rapid digital transformation, Xendit is quickly […]

Bank of New Hampshire Becomes First in State to Partner with ZSuite Technologies

Community financial institution to expand digital offerings with ZDeposit and ZRent BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—Bank of New Hampshire has selected ZSuite Technologies, a financial technology company offering digital tools that help businesses and individuals automate collection of recurring payments and manage security deposits, to expand its digital offerings. Through this partnership, Bank of New Hampshire is […]

Best’s Review Looks at How the Pandemic Is Transforming the Insurance Industry

OLDWICK, N.J.–(BUSINESS WIRE)–The March issue of Best’s Review reports on the ways the insurance industry has had to adapt to COVID-19 and the new directions insurers have begun to explore. In “The Pandemic Has Accelerated the Pace of Digital Transformation and Product Innovation in Insurance,” Best’s Review looks at how the pandemic has forced the […]

ACI Worldwide and the Internal Revenue Service to Offer New Tax Payment Options for Taxpayers—Including Unbanked and Underbanked Populations—with ACI Payments, Inc.

ACI is the first and only provider to make cash transactions possible for taxpayers through new digital barcode feature OMAHA, Neb.–(BUSINESS WIRE)–#BillPayments—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that the Internal Revenue Service (IRS) will allow taxpayers to make cash transactions through a new digital […]