Business Wire


New Report from BigCommerce and PayPal Sheds Light on Consumer Spending Habits Post-Covid

Survey results highlight need for retailers to have omnichannel strategies to support customer preferences AUSTIN, Texas–(BUSINESS WIRE)–Consumer shifts in how and where people buy products evolved significantly during the COVID-19 pandemic, creating new opportunities for retailers to use new channels, fulfillment strategies and payment options, according to the results of a new survey out today […]

Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally

New cash infusion to fuel growth — increasing global subscribers, hiring top-tier talent, expanding B2B integration offering and opening an office in Miami NEW YORK–(BUSINESS WIRE)–Atom Finance, the consumer software platform providing access to institutional-quality investment resources, today announced a $28 million Series B funding round led by the SoftBank Latin America Fund with participation […]

B2B Payment Provider, ZTL, Selects Napier’s Anti-financial Crime Solutions

LONDON–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, has announced its AI-led technology has been chosen by emerging Norwegian FinTech, ZTL Payment Solution. Napier will supply the B2B payment provider with Transaction Screening, Transaction Monitoring and Client Screening. These tools will enhance ZTL’s ability to identify suspicious activity related to money laundering […]

Tradeweb Announces Expected Closing Date for Acquisition of Nasdaq Fixed Income

NEW YORK–(BUSINESS WIRE)–#earnings–Tradeweb Markets Inc. (NASDAQ: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that all required regulatory and self-regulatory approvals have been obtained for the company’s previously announced acquisition of Nasdaq Fixed Income, Nasdaq’s U.S. fixed income electronic trading platform. Tradeweb expects the closing of […]

Adlumin Announces Membership with the Community Bankers Association of Illinois (CBAI)

The cybersecurity company joins the CBAI community to bring its patented grade security and compliance automation platform to community banks. WASHINGTON–(BUSINESS WIRE)–Last month, Adlumin became an associate member of the Community Bankers Association of Illinois (CBAI), allowing the company to expand its reach and provide community bankers in the state of Illinois with security and […]

Commit USA Bolsters North American Expansion With Bob Gold & Associates as Agency of Record

Cutting-Edge Tech Developer Teams with Award Winning PR Firm to Promote Global Powerhouse of Software Development and Engineering Talent NEW YORK–(BUSINESS WIRE)–Commit USA, a global technology services company specializing in custom software and IoT solutions, has selected Bob Gold & Associates (BG&A), a nationally recognized data-driven public relations and brand management agency, as its PR […]

Joint Study by Cantaloupe, Inc. and Michigan State University Finds Digital Payments Are Now the Preferred Payment Method at Vending Machines Powered by Increased Use of Contactless Credit Cards

Hospitals, Professional and Military Locations Show Greatest Annual Increases in Digital Payments Low Volume Machines Show Significant Increases in Contactless Payments MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #MichiganStateUniversity—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 the findings of a […]

Finstro Signals Intent to Launch U.S.-Based Technology-Driven Trade Credit and Payment Solution in $26 Trillion1 B2B Market

U.S. operation to build on continued growth in Australia where Finstro has provided over AUD$1 billion of capital to more than 7,000 SMBs to date NEW YORK–(BUSINESS WIRE)–#B2Bpayments–Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, is expanding to the U.S. market. The Australian firm, which has operational centers in Asia […]

Cequence Security Sees Record Growth as API Security Risks Explode

Leader in API security secures 4 new patents, adds notable new investors, expands global reach and more SUNNYVALE, Calif.–(BUSINESS WIRE)–Cequence Security, a leading API security vendor, today announced strong corporate momentum with significant growth in revenue, customers and brands protected over the last 12 months, further validating its groundbreaking, open and extensible AI-based API security […]

CloudLinux Joins FINOS to Bring Open Source Software and Technology Standards to the Financial Services Industry

Company’s TuxCare services play leading role in securing open source for financial institutions; joins FINOS as silver member PALO ALTO, Calif.–(BUSINESS WIRE)–#cloudlinux–CloudLinux today announced that it joins FINOS (the Fintech Open Source Foundation) as a silver member to contribute projects within its financial open source community, from its TuxCare security services. FINOS is a nonprofit […]

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation

 Partnership further shifts data access away from credential-based data aggregation enabling fintechs and data aggregators to receive increasing API coverage through Akoya BOSTON–(BUSINESS WIRE)–#akoyanetwork–Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network. Fintechs and data aggregators can now request application programming interface (API)-based access to Wells Fargo customer data for […]

Rimes Brings Its ETF Data Management Solution to Snowflake Data Marketplace Amidst Global ETF Boom

LONDON–(BUSINESS WIRE)–#RIMES—RIMES, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, has today announced the availability of its Exchange Traded Funds (ETF) Data Management Solution on Snowflake Data Marketplace. RIMES sources all ETF data directly from the sponsors and applies industry leading data quality standards setting the RIMES ETF data […]

Tinkoff Adopts Anodot’s Next-Level Technology to Revolutionize its Customer Experience, Payment, and Trading Monitoring

Anodot enables financial services giant Tinkoff to provide operational efficiency across its platform reducing time to detection by 30% ASHBURN, Va.–(BUSINESS WIRE)–Today, Russia’s leading fintech innovator, Tinkoff, announced that it has selected Anodot, the autonomous business monitoring company, to help safe-proof the way customers experience payments and trading on the Tinkoff platform. The adoption of […]

Wyoming Deposit & Transfer Awarded Bank Charter as a Special Purpose Depository Institution for Digital Assets by Wyoming Division of Banking Unanimous Approval

The new regulated digital asset bank will provide seamless banking and custody solutions across the U.S through an integrated qualified custody and banking platform CHEYENNE, Wyo.–(BUSINESS WIRE)–Wyoming Deposit & Transfer Corporation (WDT) is pleased to announce it was unanimously granted a new Bank Charter today by the Wyoming Division of Banking under the regulatory framework […]

NCR Corporation, the Industry Leader in Multi-Vendor Software, Is First to Achieve ATMIA Next Gen Level 2 API Certification

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, and the ATM Industry Association (ATMIA), today announced certification of NCR’s Activate Enterprise NextGen ATM application to Level 2 of the new ATMIA Next Gen Framework. NCR is the first technology provider to achieve this milestone. This new certification standard is […]

Payoneer Rebrands Ahead of Public Listing: A Universe of Opportunities

A universal brand for a universal future of commerce NEW YORK–(BUSINESS WIRE)–Payoneer, the commerce technology company powering payments and growth for the new global economy, announced today a rebrand to reflect its current position in the market and its vision to be the world’s go-to partner for digital commerce everywhere. The new brand marks another […]

Canada’s League Data Co-Operative Migrates to Mambu’s Fintech Platform

–CUSO selects agile technology platform for expansion and growth– BERLIN, MIAMI, SINGAPORE & HALIFAX, Nova Scotia–(BUSINESS WIRE)–#cloudbanking—League Data, the Chief Information Officer and technology partner for the Atlantic Canadian credit unions, has selected Mambu’s SaaS banking platform to empower its member credit unions which represents more than 320,000 members. Mambu’s modern and innovative platform will […]

Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America

The second annual program invites global tech startups with AI-driven solutions to apply to the latest edition of the Intuit Prosperity Accelerator: AI, powered by Highline Beta. TORONTO–(BUSINESS WIRE)–#AI–Intuit Inc. (Nasdaq: INTU), a leading global financial platform company known for products such as TurboTax, QuickBooks, Credit Karma and Mint, and Highline Beta, a venture studio […]

Tradefeedr Launches Ground-breaking Foreign Exchange Data Analytics Platform

Platform is live and is rolling out to 15+ leading sell-side and 20+ major buy-side firms signed and onboarding, with another 20 in the pipeline, creating a powerful network effect Tradefeedr has created a community-based, independent, FX trading database allowing market participants to connect, analyse their trading data and collaborate Enables clarity, insight, efficiency and […]

Silverfort and Ping Identity Partner to Unify Risk Based Authentication Across Cloud and Hybrid Environments

Product Integration Provides Comprehensive Visibility and Assessment of Access Activity that Enables Customers to Identify and Respond to Threats BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#Authentication—Silverfort, the unified identity protection company, today announced that it has joined forces with Ping Identity to help customers unify risk analysis of authentication and access attempts across on-premises and multi-cloud […]

ServisFirst Bancshares Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that ServisFirst Bancshares, Inc. (NYSE: SFBS) has completed its listing transfer and will begin trading today as an NYSE-listed company. ServisFirst Bancshares, one of the country’s leading regional […]

Magellan and Enterprise Team up With Intercontinental Exchange for New Houston Crude Oil Futures Contract

TULSA, Okla., HOUSTON & ATLANTA–(BUSINESS WIRE)–Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area. The Midland WTI American Gulf Coast contract (ICE: HOU) is being launched […]

Ezbob Introduces New SaaS Platform to Meet the Changing Landscape of Digital Banking

LONDON–(BUSINESS WIRE)–Ezbob Ltd., an innovator in customer acquisition technology for financial services, today announced the introduction of a new modular SaaS platform that addresses key trends in the sector. The company’s Ezbob Express™, focuses on three important needs: offering financial service providers the flexibility of filling gaps in their digital transformation strategies, enabling them to […]

Deutsche Bank and Fiserv Announce Joint Venture for Payment Acceptance in Germany

Joint venture to enable delivery of unique merchant acquiring solutions in the German market Joint venture to combine Clover payment acceptance solution with Deutsche Bank’s integrated banking services Processing of payment acceptance for several thousand Deutsche Bank clients from the start FRANKFURT–(BUSINESS WIRE)–Deutsche Bank, Germany’s largest bank, together with Fiserv, a leading global provider of […]

FXVIEW Goes Global, Sets up a Subsidiary in Saint Vincent and Grenadines

LIMASSOL, Cyprus–(BUSINESS WIRE)–#forexbroker–Fxview, Cyprus based forex and CFDs financial services company, announced today that it has set up an offshore subsidiary in St Vincent & The Grenadines. Until now, Fxview has been operating with its EU licenses from Cyprus. Charlgate SVG LLC, their locally incorporated arm will ensure the expansion of products and services on […]

Juniper Research: Digital Identity Verification Spend to Exceed $16.7 Billion Globally in 2026, Fuelled by Remote Onboarding

BASINGSTOKE, England–(BUSINESS WIRE)–#digitalidentityverification–A new study from Juniper Research has found spending on digital identity verification by businesses will reach $16.7 billion in 2026, from $9.4 billion in 2021. Digital identity verification is where identity is checked using digitally verifiable elements, such as selfie scans, address checks and knowledge-based authentication. This 77% growth will be fuelled […]

Juneteenth: Small Businesses in Texas and Oklahoma Can Apply for $10,000 Grants as Part of Fiserv Back2Business Program

Program is open to minority-owned businesses impacted by the Covid-19 pandemic BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that minority-owned small businesses in Texas and Oklahoma can apply for grants, professional resources and technology as part of the Fiserv Back2Business program, intended to […]

CYPHER LEARNING Raises $40 Million Growth Equity Round from Invictus Growth Partners to Accelerate Innovation in the Global Business and K-20 Education Market

SAN FRANCISCO–(BUSINESS WIRE)–#elearning—CYPHER LEARNING, a leading provider of learning management systems (“LMS”) for enterprises and educational institutions, announced today that it has raised a $40 million growth equity round from Invictus Growth Partners (“Invictus”), marking its first outside financing. The investment will be used to accelerate the sales, marketing, and development of its cutting-edge learning […]

Orion Advisor Solutions Breaks New Ground Blending Behavioral Psychology with Award-Winning Advisor Technology

Advisor tech gets a behavioral boost, embedding the science of psychology into everyday workflows and tools OMAHA, Neb.–(BUSINESS WIRE)–To bridge the ‘behavior gap’ and improve investor outcomes, Orion Advisor Solutions is embedding behavioral finance into its award-winning wealthtech platform. Orion will infuse academic research and behavioral psychology into the technology advisors use every day, including […]

Analytics Insight Announces ‘The 10 Most Influential Women in Technology’ in June 2021

SAN JOSE, Calif. & HYDERABAD, India–(BUSINESS WIRE)–#Exceptionalleaders–Analytics Insight has named ‘The 10 Most Influential Women in Technology 2021’ in its June magazine issue. The issue is the tenth volume focusing on disruptive women leaders who have achieved remarkable success by making a significant breakthrough in the world of technology. The magazine issue recognizes ten influential […]

Wedbush Securities Joins Blockchain-Based Paxos Settlement Service

Paxos Settlement Service is a faster and more efficient way to settle stock trades LOS ANGELES–(BUSINESS WIRE)–#Blockchain—Wedbush Securities, one of the nation’s leading independent financial services providers, is pleased to announce it has joined the Paxos Settlement Service, the blockchain stock settlement network powered by Paxos Trust Company. Paxos is the first regulated blockchain infrastructure […]

Universal Shopping App nate Raises $38M to Expand Its Online Payment Solutions

NEW YORK–(BUSINESS WIRE)–Universal and streamlined shopping app nate raised $38M in a Series A round of funding led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue. nate’s Series A comes a year after the fintech raised a Series Seed round, bringing the total equity raised to date to […]

Argyle Joins Visa Fintech Partner Connect to Bring Real-Time Income and Employment Verification Services to Visa’s Clients and Partners

Argyle Enables Businesses to Streamline Underwriting, Eliminate Fraud, and Make Funding Decisions Instantly NEW YORK–(BUSINESS WIRE)–#fintech—Argyle, a leading employment data platform that provides companies access to user-permissioned employment records in real time, today announced it has joined Visa Fintech Partner Connect, a program designed to help Visa’s issuing clients quickly connect with a vetted and […]

FIS Launches First in a New Series of AI-Enabled Risk Solutions with C3 AI for Financial Services Industry

Key facts FIS AML Compliance Hub is the first in a new line of AI-based solutions from FIS for capital markets firms. New solution uses artificial intelligence technology to aggregate and analyze client data across financial crime detection systems such as know your customer (KYC) and anti-money laundering (AML) to improve outcomes. The FIS AML […]

BlackRock to Acquire Baringa Partners’ Climate Change Scenario Model Through New Long-Term Partnership

Combined Solution Will Set the Industry Standard for Climate Analytics Integration of Baringa’s Climate Change Scenario Model Will Enhance BlackRock’s Aladdin Climate to Help Companies Assess Climate Impact LONDON–(BUSINESS WIRE)–BlackRock, Inc. (NYSE: BLK) and Baringa Partners today announced their entry into a definitive agreement for BlackRock to acquire and integrate Baringa’s industry-leading Climate Change Scenario […]

BearingPoint RegTech and Vizor Software Join Forces: Global RegTech and SupTech Powerhouse Created

The new group provides best-in-class solutions across the regulatory value chain and connects regulators and the financial industry across the globe FRANKFURT & DUBLIN–(BUSINESS WIRE)–BearingPoint RegTech (“RegTech”), a leading European provider of innovative regulatory, risk, and supervisory technology solutions, has signed an agreement regarding the acquisition of Vizor Software (“Vizor”). Vizor is a global leader […]

SmartMetric Sees the Adoption of European Union Banking Directive to Usher in the Rapid Adoption of On-Card Biometric Authentication for Credit and Debit Cards

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): The European Union PSD2 banking directive will force banks to adopt two (2) factor authentication for credit and debit card transactions. The EU, PSD2 directive is designed to afford greater protection for consumers using their credit and debit cards online and offline. It comes into effect as of March […]

Riskalyze and RightCapital Elevate Their Integration

The industry’s premier risk alignment and portfolio analytics platform seamlessly supplies position level account data to RightCapital’s dynamic financial plans. AUBURN, Calif.–(BUSINESS WIRE)–#AaronKlein—Riskalyze, the company that serves tens of thousands of financial advisors with risk alignment and portfolio analytics, and RightCapital, the next-generation financial planning tool that provides advisors with the ability to create custom, […]

Majesco Completes Acquisition of Utilant LLC

Acquisition accelerates business innovation and enhances customer experience with new data and analytics business unit MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions platforms, today announced that it completed the acquisition of Utilant LLC, a U.S. based InsurTech company providing the industry leading survey management SaaS product suite for Loss Control and […]