Industry-First FinTech Integration Reduces Time and Fraud TAMPA, Fla.–(BUSINESS WIRE)–The new apartment rental experience is here, and renters are opting for tools that make leasing simpler. Last year, Funnel announced their Online Leasing platform would be available in beta format for existing clients, and today, the impact on the industry is already being felt. Currently, […]
BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced the launch of Agent Advisor the latest feature of its Live Chat solution. Agent Advisor utilizes artificial intelligence (AI) to recognize customer queries submitted via live chat and immediately provides auto-populated responses that call center staffers can push to the customer. Using AI, […]
Investment will drive product development, entry to new markets and grow the executive team NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round. The financing is being led by Team8 and existing investors Blumberg […]
Partnership between global commerce leader and emerging market financial technology unicorn provides reliable payment technology tailored to specific needs of Mexican SMBs SAN FRANCISCO–(BUSINESS WIRE)–dLocal, the foremost payment platform connecting global merchants to emerging markets, and Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced a new partnership. The […]
Joint go-to-market strategy to initially focus on application migration, infrastructure modernization and Contact Center AI Partnership expands on TELUS International’s 10-year relationship with Google, reflecting growth and customer demand for Google Cloud solutions and technology VANCOUVER, British Columbia–(BUSINESS WIRE)–Today, TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and […]
KlariVis, a cloud-based data analytics platform, enters strategic alliance with First National Bankers Bank to expand its footprint in the southeast ROANOKE, Va.–(BUSINESS WIRE)–#analytics—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, has entered into a strategic partnership with First National Bankers Bank (FNBB). KlariVis compiles and aggregates high-value, actionable […]
● Nearly half (45%) of global banking executives are set on transforming their business models to become digital ecosystems ● Open bank hub initiatives, giving customers the option to connect their bank data with third-party providers, is the second most chosen innovation strategy globally, cited by 29% of respondents ● This independent report discusses open […]
Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second best year ever Cybersecurity-focused investment […]
Technology to Include Real-Time Acceptance Infrastructure, APIs and Integrations that will Enable Consumers to Pay for Purchases with Cryptocurrency LAS VEGAS–(BUSINESS WIRE)–#Bitcoinhyper–Atlantic-Pacific Processing Systems NV, Corp. (APPS), a leading fintech white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and digital currency solution provider, today announced they have partnered to […]
Snowflake Selects BlackRock as the Preferred Partner for the Investment Management Industry NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE:BLK) and Snowflake (NYSE:SNOW) today announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. […]
SL2 sets boundaries between work and private life on one cell phone while seamlessly capturing and archiving work-related texts SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#Compliance—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today its SL2 mobile application for capture and archiving is driving mobile productivity and compliance at Payne […]
Modernizing Peru’s real-time payments infrastructure is Mastercard and ACI’s first partnership project since the announcement of their alliance to develop real-time payment solutions around the world Mastercard’s Instant Payment Service will allow for the processing of 24/7 real-time payments using the ISO 20022 standard as a managed service, enabling banks to develop new use cases […]
TORONTO–(BUSINESS WIRE)–Drop Technologies Inc. (Drop) announced today its partnership with “Buy now, pay later” solution Sezzle, the highest shopper-rated alternative payment platform that offers interest-free installments for up to 6 weeks. As shoppers continue to navigate economic uncertainty as a result of the Covid-19 pandemic, the newly launched partnership is designed to financially empower the […]
Technology Implementation Makes Contactless Payment, Contactless Access, and Contact Tracing Capabilities a Reality PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech–More than 8,850 students, faculty and staff at Mercer University now benefit from contactless payment, contactless access, and contact tracing, thanks to implementation of Transact’s mobile credentials technology last year. Transact, the leader in innovative payment solutions for a connected […]
Anchored by Schusterman Family Investments and the George Kaiser Family Foundation, Avid Ventures Fund I invests in early-stage technology companies transforming the fintech, consumer internet, and software industries in North America, Europe, and Israel. NEW YORK–(BUSINESS WIRE)–Avid Ventures today announced the launch of its $68 million debut venture capital fund. Avid backs exceptional founders at […]
Deposit E-Forms Expansion Module streamlines IDB’s disclosures program MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Israel Discount Bank of New York (IDB Bank) has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module (DEMx) Expansion Pack to help streamline and enhance the management of its document disclosure practices. Providing disclosures is a required and critical function of U.S. banks and credit unions […]
Strengthening client-advisor relationships through award-winning risk evaluation tool SAN FRANCISCO–(BUSINESS WIRE)–StratiFi, developer of award-winning PRISM Rating™ technology for financial advisors, and Robertson Stephens have announced a new partnership to create a more holistic view of clients’ financial wellness by integrating risk analytics into their investment solution. This partnership gives Robertson Stephens’ advisors an important tool […]
Marqeta’s move into credit card issuing and processing now allows it to support any card type through its modern card issuing platform, working with first strategic partner Deserve to open up new access to innovation in the credit card space. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today announced its expansion into the […]
Broadens Carta’s addressable opportunity in US$500 billion North American payments markets VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is expanding into the U.S. – the world’s largest payments market. […]
TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) is pleased to announce the launch of the first digital asset product under its agreement with Purpose Investments Inc. (“Purpose”) announced on February 16, 2021. The first product under the agreement is the Purpose Bitcoin ETF, which is the world’s first physically settled Bitcoin ETF. […]
ROANOKE, Va.–(BUSINESS WIRE)–#analytics—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced today that FVCBankcorp, Inc. has made a strategic investment into the company. FVCBankcorp, Inc., the parent company of FVCbank, a $1.82 billion commercial bank headquartered in Fairfax, Virginia, with branches in Virginia, Maryland, and D.C., has found the […]
Sezzle will now have the opportunity to work with merchants that accept Discover MINNEAPOLIS & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a digital banking and payments services company, and Sezzle, Inc. (ASX:SZL), an installment payment platform, have announced an agreement that will allow Sezzle to work with selected merchants on the Discover Global Network in offering consumers additional […]
KARACHI, Pakistan–(BUSINESS WIRE)–With IDEMIA’s Global Fintech Accelerator Card Program, the Pakistan-based fintech firm can now effectively scale-up its operations and offer a superior payment experience, powered by state of the art technology. As the world goes digital, payment cards are arguably the last physical touch-point between the bank and its customers. SadaPay’s approach to financial […]
Hires the Strategic Advisory Firm for Digital Infrastructure Analysis, with Goal to Bolster Media & Creative Industries with £3.7 Billion, among Other Development Initiatives LONDON–(BUSINESS WIRE)–The Thames Estuary Growth Board (TEGB) announced today it has hired strategic advisory firm MediaLink, an Ascential company, to handle a through-the-line analysis of the region’s digital landscape, which will […]
NEW YORK–(BUSINESS WIRE)–GoCardless, a global fintech in recurring payments, announces the opening of an office in New York City as it embarks on a hiring drive to grow its global headcount by two-thirds. The New York office, led by Nanna Saito Nielsen, VP of Banking Operations, will act as the hub for strengthening and scaling […]
Guidewire recognizes Solution partners’ achievements and continues to expand the breadth of innovative solutions available in the Marketplace, benefiting its global community of P&C insurers SAN MATEO, Calif.–(BUSINESS WIRE)–#First100SolutionPartners–Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that seven Solution partners have been promoted within the […]
Leading Payments Company Reaches Milestone Hiring Target in Its IT Product Development Hub CHENNAI, India–(BUSINESS WIRE)–#chennai–Transact, the leader in innovative payment solutions for a connected campus, today announced its team in Chennai, India is now 70 people strong. Transact’s Chennai location opened in 2019 and sits on the footstep of Chennai’s IT highway and serves […]
MALVERN, Pa.–(BUSINESS WIRE)–$USAT #DiscoverGlobalNetwork—USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced the release of its most recent episode of “UR Tech Insiders,” featuring Danielle Bataglia, general manager of digital acceptance for Discover. In her role Ms. Bataglia focuses […]
IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Capital Corps, America’s Community Development Financial Institution (CDFI), today announced its new name – The Change Company. Over 100 million American consumers and small businesses – including nearly half of all Black and Latino consumers – are underbanked due to systemic economic inequality. The Change Company levels the financial playing field for […]
The enhanced consumer rate breakdown creates a new standard for transparency in the insurance industry BOSTON–(BUSINESS WIRE)–#analytics—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, announced a newly enhanced capability that enables insurers to provide comprehensive rate breakdowns to consumers instantaneously. Integrated within Earnix’s end-to-end Rating Engine, this […]
NORWALK, Conn.–(BUSINESS WIRE)–#MakeNowWork—Xerox Holdings Corporation (NYSE: XRX) signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs, will provide financing for selected Lexmark Managed Print Services (MPS) engagements. “Lexmark selected XFS as a financing partner […]
AI-powered, digitally enabled auto lending experience to serve more customers SAN MATEO, Calif.–(BUSINESS WIRE)–#ailending–Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Midwest BankCentre, St. Louis’ premier community bank since 1906, has selected Upstart to expand its direct auto lending business with a digitally enabled auto refinancing service. With Upstart, Midwest BankCentre […]
The partnership provides AI-driven API authorization and governance to simplify and secure open banking applications SEATTLE–(BUSINESS WIRE)–#API—Cloudentity, a cloud-based provider of dynamic fine-grained authorization and governance solutions, today announced its partnership with Axway, a leading API integration platform provider, to deliver Zero Trust authorization for Open Banking services. “Getting consent right is one of the […]
The Akoya Data Access Network gains significant scale with addition of a leading U.S. bank Chase customers will be able to securely share data with apps and services through Akoya BOSTON–(BUSINESS WIRE)–Akoya LLC announced today that JPMorgan Chase has joined the Akoya Data Access Network. Fintechs, data aggregators and other data recipients can now request […]
BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking platform provider, had a productive and successful Q4 2020, signing nine credit unions to the company’s digital banking platform. As the importance of digital banking continues to increase, credit unions need access to the best online and mobile solutions for members. Eight of the nine credit unions […]
Bank On certifies the Cashback Debit account from Discover because of its no fees and online capabilities RIVERWOODS, Ill.–(BUSINESS WIRE)–Cashback Debit, the online checking account from Discover, was recently certified by the national nonprofit organization, Cities for Financial Empowerment (CFE) Fund. The CFE Fund’s mission is to improve the financial stability of low and moderate […]
Innovative education initiative offers research-based, CE-accredited modules to prepare advisors to optimize the use of alternatives in client portfolios NEW YORK–(BUSINESS WIRE)–#alternativeinvesting—iCapital Network1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global […]
Andreessen Horowitz General Partner Angela Strange Joins Board of Fintech Company After Leading Series A Round SAN FRANCISCO–(BUSINESS WIRE)–SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity and $50 million […]
Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currency PURCHASE, N.Y. & NASSAU, Bahamas–(BUSINESS WIRE)–Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new […]
DES MOINES, Iowa–(BUSINESS WIRE)–SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, has been selected to participate in a pilot program to guide development of the Federal Reserve’s instant payments offering, the FedNowSM Service. FedNow will offer community financial institutions another network through which to access faster payments infrastructure. The FedNow Service […]
