Business Wire


Pathfinder Partners Selects BackBay Communications As Agency of Record

Real estate investment firm selects financial services communications specialist for integrated program BOSTON & SAN DIEGO–(BUSINESS WIRE)–Pathfinder Partners (“Pathfinder”), a San Diego-based private equity firm specializing in multifamily real estate investments, has selected BackBay Communications as its agency of record. BackBay is a financial services focused integrated public relations, content development, and digital marketing agency, […]

Archer Secures Growth Investment from LLR Partners

Capital to support growth and delivery of market-leading technology and outsourced services for investment managers BERWYN, Pa. & PHILADELPHIA–(BUSINESS WIRE)–#fintech—Archer®, a technology-enabled service provider to the investment management industry, today announced a growth investment from LLR Partners. LLR’s capital will be used to support Archer’s continued growth through investment in the firm’s market-leading technology and […]

SIMON Introduces Nationwide as Newest Carrier to Join Its Growing Insurtech Platform

Financial professionals can now find, analyze, and implement a range of annuity solutions from Nationwide in SIMON’s centralized Marketplace NEW YORK–(BUSINESS WIRE)–#annuity—SIMON Annuities and Insurance Services LLC (“SIMON”) is pleased to announce that Nationwide—a Fortune 100 insurance and financial services company with more than nine decades of experience protecting people and their financial futures—as the […]

Mashreq Bank selects Kore.ai to Elevate Customer Experience through Conversational AI

ORLANDO, Fla.–(BUSINESS WIRE)–#AI–Kore.ai, a top conversational AI software company, today announced its partnership with Mashreq Bank, one of the leading financial institutions in the UAE, to enhance digital engagement and support for customers through conversational AI. Known for being first to market with customer service technology innovations, Mashreq will use Kore’s BankAssist virtual assistant product […]

Consumers Can Safely Share Their Cryptoasset Investment Data with First-in-Market Capability from Fiserv

Integration of AllData Aggregation from Fiserv with Verady will provide consumers a view of cryptoassets alongside other financial data BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, will enable consumers to share data on their cryptoasset holdings with their fintech apps and service providers, including a […]

Transact Partners with Swipe Out Hunger to Address College Student Food Insecurity

Transact to Share Swipe Out Hunger Information, Donate Meals at National, Regional, and Virtual ‘Food for Thought’ Events PHOENIX–(BUSINESS WIRE)–#edtech–Today, Transact, the leader in innovative payment solutions for a connected campus, and Swipe Out Hunger, the leading nonprofit addressing hunger among college students, announced the launch of a strategic partnership to address college student food […]

Onramp Invest Selected to Join Visa’s Fintech Fast Track Program

Onramp Invest is working with Visa to deliver the next innovation in payments SAN DIEGO–(BUSINESS WIRE)–#Ethereum–Onramp Invest, a cryptoasset iPaaS (integration Platform as a Service) solution for financial advisors and investment advisory firms, announced today that it has joined Visa’s Fintech Fast Track program. This accelerates its integration with Visa and will allow Onramp to […]

Notre Dame Global Partnerships and Deserve Launch New Notre Dame Credit Cards

Show your school pride with the only cash back card that rewards Fighting Irish alumni and fans with unique on-campus experiences. NOTRE DAME, Ind.–(BUSINESS WIRE)–Notre Dame Global Partnerships (NDGP), the multimedia rightsholder for the University of Notre Dame’s Athletics Department, today announced a partnership with digital-first fintech innovator Deserve, and the launch of the new […]

SRAX Set to Join Russell Microcap® Index

LOS ANGELES–(BUSINESS WIRE)–$SRAX #sequire–SRAX, Inc. (NASDAQ: SRAX) is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Index, which remains in place for […]

Heritage Financial Credit Union Taps Scienaptic to Optimize Stronger, AI-Powered Credit Decisions and Enhance Member Financial Well-Being

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced Heritage Financial Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and strengthen financial options for its members. Founded in 1940, Heritage Financial Credit Union is a member-owned, not-for-profit financial institution serving in and around the Hudson […]

NEC Payments Finds a New Path to Payment Security With Netcetera

Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up. ZURICH & DUBAI–(BUSINESS WIRE)–NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle East Fintech […]

SmartMetric Reports That Nearly 11 Billion Chip Credit and Debit Cards Have Been Issued Worldwide; The SmartMetric Biometric Card Is Designed to Activate the Chip on These Cards Following a Valid On-Card Fingerprint Scan and Match

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): Figures published by EMVCo1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months. In addition, EMVCo […]

IDEMIA Collaborates With ClimateSeed to Invest in a Carbon Project in India to Offer Truly Sustainable Payment Cards

IDEMIA, the global leader in Augmented Identity, has teamed up with ClimateSeed to support its CO2 emissions offset project in India, to offer GREENPAY cards to its Indian and its global customers COURBEVOIE, France–(BUSINESS WIRE)–For decades, the “take-make-waste” model has ruled the global economy. However, we are now seeing a paradigm shift in Banks’ and […]

Wolters Kluwer Compliance Solutions Earns Four American Business Awards

Product excellence, innovation recognized by prestigious award program MINNEAPOLIS–(BUSINESS WIRE)–#CASHSuite—Wolters Kluwer Compliance Solutions has earned four American Business Awards for product innovation in the below categories: OneSumX® for Regulatory Change Management, Best Content Management Solution Expere® Language Translation, Best FinTech Solution TSoftPlus™, Most Valuable Technical Innovation CASH Suite™, Best FinTech Solution In their comments, program […]

Nordis Technologies Awarded U.S. Patent for Its Innovative Expresso® Customer Communications Management System

New patent extends Nordis’ leadership position in customer communications and payments technology CORAL SPRINGS, Fla.–(BUSINESS WIRE)–#CCM—Nordis Technologies has been granted a U.S. patent for its pioneering Expresso® customer communications management (CCM) system. The patent was approved for 24 claims for specific inventions. The United States Patent and Trademark Office noted Expresso’s combination of capabilities in […]

ICE Announces Record Activity in TTF and JKM Gas Complexes as They Evolve into Global Benchmarks

TTF Futures Open Interest +21% y/y; TTF Futures Volume +22% y/y Number of participants trading TTF +83% since 2016 JKM Futures & Options OI +10% y/y; Volume +15% y/y AMSTERDAM & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record activity in the TTF natural gas […]

Automotive Dealerships Using Digital Motors’ Platform Are Successfully Selling Accessory Products Online

Offering accessories increases dealer profit opportunity amidst inventory shortage IRVINE, Calif.–(BUSINESS WIRE)–Digital Motors’ platform enables its dealership customers to offer consumers an end-to-end online vehicle buying experience, and more than half of those customers are adding accessories to the purchase transaction. Through a dealer’s Digital Motors powered online store, consumers can fully structure a vehicle […]

Trellis Raises $10 million to Bring Simplicity and Security to Consumer Insurance

Exiting Stealth 2 Years After Founding, Trellis Announces 1MM Users, Major Partners SAN FRANCISCO–(BUSINESS WIRE)–Insurance technology platform Trellis Technologies, Inc., announced today it has raised $10 million in Series A funding led by QED Investors with participation from existing investors NYCA Partners and General Catalyst. Trellis provides secure, digital solutions that help consumers get the […]

Majesco Research Underscores Rising Customer Digital Expectations and Increasing Competition are Creating a Time of Reckoning for Insurers

Insurers must reinvent themselves as future-ready, technology-forward companies to keep pace with the demand for digitization and emergence of new digital leaders MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the release of a new thought leadership report, Digital Insurance: The Inflection Point. The report, based […]

Compliance Systems and IBT Apps Announces Joint Solution

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–IBT Apps, a leading-edge provider of adaptable core banking software, has partnered with Compliance Systems to offer community banks a scalable deposit solution within their i2Suite® platform that maximizes profitability, helps attracts new balances, and supports customer retention. The joint solution leverages the highly configurable document solution from Compliance Systems with the […]

Tavant Launches AI-Powered Next-Gen Test Automation Framework

FIRE 5.0 provides comprehensive test automation coverage and efficiency of more than 90% SANTA CLARA, Calif.–(BUSINESS WIRE)–#Qualityengineering—Tavant, a digital products and solutions company, today announced the new version of its end-to-end test automation framework, FIRE 5.0 (Framework for Intelligent and Rapid Execution). Tavant’s FIRE 5.0 is a comprehensive tool and technology agnostic-test automation framework. This […]

Warwick Capital Management Ltd. Launches as Bermuda-Based Digital Asset Investment Manager

Warwick forming out of principal trading and cryptocurrency market maker Hehmeyer LLC HAMILTON, Bermuda–(BUSINESS WIRE)–#DeFi–Warwick Capital Management Ltd., a Bermuda-based investment manager of digital assets, today announced its formation and launch, spinning out of principal trading and market-making company Hehmeyer, LLC. Brian Tehako, formerly the head trader at Hehmeyer, will serve as Warwick’s Chief Investment […]

RoadSync Partners with AMBEST to Improve Payment Process for Professional Drivers

Innovative Digital Financial Platform Delivers Virtual Payment Technology to AMBEST Customers ATLANTA–(BUSINESS WIRE)–RoadSync, an innovative digital financial platform, today announces its signed partnership with AMBEST, the member-owned, nationwide network of independent truck stops and service centers. Through this partnership, AMBEST service centers can use RoadSync’s virtual payment technology to digitally accept credit cards, fuel cards […]

Bench Raises $60 Million USD Series C and Expands Beyond Accounting with Launch of Bench Banking

Bench centralizes finance for small businesses with first-of-its kind, integrated banking products VANCOUVER, British Columbia–(BUSINESS WIRE)–Bench, America’s largest bookkeeping service for small businesses, announced today that it raised $60 million USD in Series C financing led by Contour Venture Partners. The raise more than doubles Bench’s total funding to over $100M, and was supported by […]

FinTech Acquisition Corp. V and eToro Group Ltd. Announce Confidential Submission of Registration Statement Related to Proposed Business Combination

NEW YORK–(BUSINESS WIRE)–eToro Group Ltd. (“eToro”) today announced the confidential submission with the U.S. Securities and Exchange Commission (“SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with FinTech Acquisition Corp. V (“FTV”). The business combination is expected, subject to customary closing conditions, including the […]

Bermuda Business Development Agency (BDA) Leads Key Engagements With Florida Officials

HAMILTON, Bermuda–(BUSINESS WIRE)–After over a year of staying connected virtually, the Bermuda Business Development Agency (BDA) is back on the road for direct engagements in Miami, Florida this week. Meetings will be held with senior representatives from the Florida Chamber of Commerce, Enterprise Florida, Miami-Dade Chamber of Commerce, and Greater Miami Chamber of Commerce, as […]

Foundations Investment Advisors Equips its Financial Advisors with Riskalyze

A rapidly growing firm with over $2.3B in AUM, Foundations chooses Riskalyze for its state-of-the-art client engagement tools AUBURN, Calif.–(BUSINESS WIRE)–#fearlessinvesting—Riskalyze and Foundations Investment Advisors (Foundations) today announced an enterprise agreement to deliver more than 180 financial advisors around the nation access to Riskalyze’s industry-leading risk alignment and portfolio analytics platform. With an expanding network […]

Intertrust Releases 2021 Report on Mobile Finance App Security

Report of over 150 mobile finance apps reveals a high level of security vulnerabilities across both iOS and Android, highlighting the importance of in-app security SAN FRANCISCO–(BUSINESS WIRE)–Intertrust, the pioneer in digital rights management (DRM) technology and leading provider of application security solutions, today released its 2021 State of Mobile Finance App Security Report. The […]

Orion and HiddenLevers Announce First Post-Acquisition Deal With Cardea Capital

Leading RIA and TAMP chooses HiddenLevers for its approach to risk analysis and recommendation construction OMAHA, Neb.–(BUSINESS WIRE)–Eager to improve the advisor-client relationship, Cardea Capital (CC)i, a $3 billion, Atlanta-based RIA and turnkey asset management program (TAMP), will use the portfolio stress-testing and risk analytics of HiddenLevers, incorporated within the premier wealthtech platform of Orion […]

BlinkSM by Chubb® & Waffle Team Up to Protect Your Digital Life

Blink’s Cyber Protection will be sold through Waffle, the one-stop shop for all your insurance needs NEW YORK–(BUSINESS WIRE)–One of the main lessons of the past twelve months is that our digital life is quickly becoming a central pillar of both our professional and personal journeys. BlinkSM by Chubb® and Waffle are teaming up to […]

“Forgotten” 401(k) Accounts Amount to Nearly $1.35 Trillion of Assets, According to New White Paper from Capitalize

Sum Represents 20% of the $6.7 Trillion Total Assets in 401(k) Plans NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, today released the findings of its newest white paper, The True Cost of Forgotten 401(k) Accounts (2021). The white paper explains how these “forgotten accounts” represent 401(k) savings that have been left […]

Banking-as-a-Service, Authentication, and Lending Technologies Highlight Ten Growth-Stage Companies Chosen for 2021 FIS Fintech Accelerator Program

Key facts: FIS and The Venture Center announce the ten growth-stage fintech companies selected to take part in the 2021 FIS Fintech Accelerator program. Highlighted by solutions focused on authentication, lending and banking-as-a-service, the chosen companies also represent credit monitoring, automation, financial wellness, and customer relationship management. Firms founded by women comprise thirty percent of […]

Northern Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced the deployment of its platform at Northern Credit Union. This deployment will enhance and augment Northern Credit Union’s credit decisioning and underwriting capabilities for new and prospective members. Founded in 1955 by a group of New York Air Brake employees, Northern Credit Union […]

Ault Global Holdings to Present at 16th Annual LD Micro Invitational

Company to Report on Progress with Electric Vehicle Initiatives, Global Defense Business Growth and Expansion of Fintech Lender LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that it will present at the 16th Annual LD Micro Invitational, a three-day investor conference to be held Tuesday, […]

Ninjas in Pyjamas and Mercuryo Partner up to Put a Spotlight on Cryptocurrency

LONDON–(BUSINESS WIRE)–Legendary Swedish esports organization Ninjas in Pyjamas (NIP) and cryptocurrency infrastructure company Mercuryo have joined forces for BLAST Premier Spring Finals to onboard the esports community to the future of finance. Mercuryo is well-recognized in the financial industry as a rapidly growing cryptocurrency infrastructure company that provides global access to fast, secure, and affordable […]

Esme Learning and MIT Launch Online Executive Education Courses in AI Leadership, Leading Health Tech Innovation

New online courses from the MIT Sloan School of Management and the MIT School of Architecture and Planning will prepare learners for the future of work through a blend of video instruction, AI coaching, and small-group collaborative learning BOSTON–(BUSINESS WIRE)–#AILeadership–The Massachusetts Institute of Technology (MIT) and Esme Learning have announced two six-week online courses in […]

BlocPal International Inc. and 1290448 B.C. Ltd. Announce Reverse Takeover Transaction and Brokered Financing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES  Parties plan $25 million concurrent private placement and application to list on stock exchange VANCOUVER, British Columbia–(BUSINESS WIRE)–BlocPal International Inc. (“BlocPal”), a digital transaction company that integrates blockchain and payment processing solutions to make financial services more affordable and accessible, and […]

Mogo Announces Agreement to Acquire Additional Shares in Canada’s Leading Crypto Platform, Coinsquare

Combined with previously announced transactions and Mogo’s existing purchase warrant, Mogo could now increase its ownership in Coinsquare to 53% All figures in Canadian $ 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 it intends to increase its ownership position in Coinsquare […]

CSI Works to Advance Adoption of Real-Time Payments through FedNow Pilot Participation

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, is participating in the FedNow Pilot Program to advance instant payments in the U.S. The program is designed to foster industry partnerships in development of the Federal Reserve’s new real-time payments service. As part of the FedNow Pilot Program, […]

FinTech Acquisition Corp. IV Announces Special Meeting Date for Proposed Business Combination with Perella Weinberg Partners

NEW YORK–(BUSINESS WIRE)–FinTech Acquisition Corp. IV (NASDAQ: FTIV) (“FinTech IV” or “FTIV”), a special purpose acquisition company, announced today that it has set a record date of May 14, 2021 (the “Record Date”) and a meeting date of June 22, 2021 for its special meeting (the “Special Meeting”) to approve the previously announced proposed business […]