Business Wire


Growjo Announces 500 Fastest Growing Companies in FinTech for 2021

BOULDER, Colo.–(BUSINESS WIRE)–#Fintech500–Growjo has announced the 500 fastest growing companies in the Fintech Industry for 2021. These companies have been recognized for their fast pace growth over several growth metrics including hiring trends, funding and financial data, web traffic, brand awareness growth and more, to determine companies on the up and up. Some of the […]

EIS’ Coretech Solution Accelerates Digital Transformation for Life and Annuity Insurers

Enables Insurers to Reimagine Life Insurance to Accelerate Transformation, Increase Sales Efficiency, Engage with Today’s Digital Customers SAN FRANCISCO & LONDON–(BUSINESS WIRE)–EIS, a digital platform provider for insurers, announced today the expansion of its core EIS Suite™ to carriers in the life and annuities markets. Cloud-native and customer-centered, the Suite allows insurers to innovate across […]

POSaBIT Launches ACH Cannabis Payments for Delivery & In-Store

The POSaBIT ACH payment platform integrates seamlessly with any dispensary’s point of sale and online menu SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has launched a […]

NICE Actimize Recognized with 2021 Frost & Sullivan North America Technology Innovation Leadership Award for Enterprise Fraud Management

The analyst report stated that by embracing artificial intelligence, machine learning, and cloud computing, NICE Actimize continuously developed new features and functionalities for enterprise fraud management HOBOKEN, N.J.–(BUSINESS WIRE)–NICE Actimize, a NICE (Nasdaq: NICE) business, has announced that it is the recipient of the 2021 Frost & Sullivan North America Technology Innovation Leadership Award for […]

Curve Names CreditEase Investment Leader and Former Citi and Standard Chartered Chief Anju Patwardhan as Non-executive Director

Banker turned fintech investor bolsters Curve Board, ahead of expansion into US, deeper push into Europe and launch of Curve Credit LONDON–(BUSINESS WIRE)–Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has named Anju Patwardhan as a non-executive director to the Board. Anju brings decades of […]

Datasite Launches Local Data Hosting Capabilities in Australia

Company Continues to Invest to Meet Growing Demand and Accelerate Dealmaking in the Region MINNEAPOLIS–(BUSINESS WIRE)–#MnA–Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today launched local data hosting capabilities in Australia to help local dealmakers get deals done quickly and easily, including helping them comply with the Australian Privacy Principles […]

Kayne Partners Establishes Leading Platform for Growth Equity Investments in the Media and Supply Chain Sectors

  LOS ANGELES–(BUSINESS WIRE)–Kayne Partners, the growth equity strategy of Kayne Anderson Capital Advisors, L.P. (“Kayne” or the “Firm”), a leading alternative asset management firm with over $32 billion under management, continued its success in the media and supply chain sectors in 2020. Kayne Partners was very active last year in those sectors, having invested […]

SRAX Announces Reconstitution of LD Micro Index

LD Micro Index Up 35.72% for 2020 Index Up 34.21% YTD (as of the close, Friday, February 5th) 1,189 Total Companies in Index 423 Companies Added to the Index 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 […]

Management Acquires Full Ownership of acxell, LLC (“acxell”), a Risk Management Firm Headquartered in East Brunswick, NJ

acxell has been acquired in a management buyout with a 100% acquisition of ownership EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#banking–Led by Mr. Philip Gonzalez (Managing Director) and Ms. Melissa Taylor (Operations Director), a senior management group at acxell has acquired full ownership of the firm formerly known as P&G Auditors and Consultants, LLC, d/b/a P&G Associates (“P&G”). […]

EML’s Group CFO Rob Shore’s Genetics Background Gives Him Deep Insights Into FinTech’s DNA

BRISBANE, Australia–(BUSINESS WIRE)–”Ultimately, in a financial services business – it’s all about the numbers,” according to Rob Shore, Group Chief Financial Officer at EML. Speaking in a fascinating conversation, he reveals his scientific mindset of testing and learning have remained consistent themes in his life. He is very excited about the company’s 3-year Accelerator strategy. […]

Razer Huntsman V2 Analog Keyboard Unlocks Full Versatility With a New Dimension of Input

The Huntsman V2 Analog keyboard stars Razer’s new cutting-edge Analog Optical Switches with the ability to fully adjust and set dual-step actuations for the finest degree of gaming control. IRVINE, Calif.–(BUSINESS WIRE)–#analog–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the new Razer Huntsman V2 Analog – a feature-packed […]

NYMBUS Partners with NYDIG to Offer Bitcoin Banking

Together Helping More Financial Institutions Accelerate Innovation with Breakthrough Digital Payments MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers. According to a new NYDIG consumer survey, more than 22 percent […]

DAEM Technology Launches ixWallet and the First Bitcoin Red Packet in Hong Kong to Promote Blockchain Payment Education

HONG KONG–(BUSINESS WIRE)–DAEM Technology Limited (DAEM Technology), a wholly owned subsidiary of ixFintech Group, announced its new product, the ixWallet. ixWallet is a truly distributed ledger wallet, meaning that all the user savings are on the blockchain. It allows users to send/ receive digital assets, as well as to review the ixCrypto Index. The wallet […]

Vast Bank Completes Seamless Digital Currency Transaction

TULSA, Okla.–(BUSINESS WIRE)–On Wednesday, January 27th, 2021 Vast Bank, N.A. (Vast) successfully executed an end-to-end cryptocurrency transaction. In doing so, Vast believes it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on behalf of a customer and directly from their bank account. This accomplishment represents […]

TrueNorth and Codat Announce Partnership

Expedites Single API Financial Data Integration between FIs and SMEs SAN FRANCISCO–(BUSINESS WIRE)–#APIs–TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. The partnership provides Codat’s FI clients with direct access to a software engineering […]

Trustmark Expands Sagent Partnership For 7 Years

Deal to consolidate Trustmark’s servicing stack to expand their customer-first, community-focused footprint and drive fast evolution to support consumer needs KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark . Jackson, MS-based Trustmark offers […]

Mosaic Announces Launch of Global Specialty Insurance Platform With Next-Generation Underwriting Capabilities

New Insurance Venture Founded by Industry Leader Mitch Blaser, Backed by Long-Term Investor Golden Gate Capital HAMILTON, Bermuda–(BUSINESS WIRE)–Mosaic, a next-generation global specialty insurer combining newly-formed Lloyd’s Syndicate 1609 with sophisticated underwriting talent, has launched operations in Bermuda, London, the United States and Asia. Mosaic is founded by seasoned industry executive Mitch Blaser, who serves […]

Teslar Software Marks Major Milestones in 2020

PPP support and an increased need for lending efficiencies positioned the company to help an expanding customer base of community bankers as they support small business needs SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, today shared highlights from an eventful 2020, including […]

Toshiba’s New Algorithms Quickly Deliver Highly Accurate Solutions to Complex Problems

Breaks the limitations of classical mechanics by introducing a quasi-quantum effect Expected to accelerate complex problem-solving in finance, pharmaceuticals and logistics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (collectively Toshiba), industry leaders in solutions for large-scale optimization problems, today announced the Ballistic Simulated Bifurcation Algorithm (bSB) and the Discrete Simulated Bifurcation Algorithm […]

Carta Worldwide Expands into Japan

Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), has expanded into Japan in support of the TransferWise launch of their multi-currency […]

SMEs ‘More Reliant Than Ever’ on Digital Services in Wake of COVID-19

With 84% of SMEs feeling frustrated by lacklustre business banking offerings, banks must accelerate digital innovation roadmaps to retain customers and attract new ones LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today released a new report highlighting SME frustrations with business banking services. The survey showed that digital banking services have been vital for […]

United Fintech Enters the Market Data and RegTech Space with TTMzero Acquisition

LONDON–(BUSINESS WIRE)–#banks—United Fintech has entered the Market Data & RegTech space with the acquisition of German fintech, TTMzero. United Fintech has taken a 25% stake in the market leading firm, with the intention of increasing to 80% over the next three years. The acquisition is in line with its strategy of acquiring and scaling innovative […]

Bank of America Triples Affordable Homeownership Commitment to $15 Billion

Grants and Affordable Loans Have Already Helped Nearly 21,000 Individuals In Low- and Moderate-Income Communities Become Homeowners CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it will triple its affordable homeownership initiative to $15 billion through 2025, aiming to help more than 60,000 individuals and families to purchase homes. First launched in 2019 as a $5 […]

Onfido Delivers Record Revenue Year for Fiscal 2020

82% increase in global ARR fueled by strong demand from enterprises LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced it has recorded unprecedented growth in 2020. Global annual recurring revenue (ARR) increased by 82% year-over-year. The company more than doubled its sales in the US, which is one of […]

The NAGA Group AG Starts 2021 With Record Figures

New monthly record in trading volumes and transactions Peak value of new registrations Trading profit multiplied compared with the same period of the previous year HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, has started the new year 2021 with top figures. With […]

IPification Launches One-click Mobile Phone Verification Solution in the UK

IPification one-click phone verification will be available to mobile subscribers of all UK mobile operators HONG KONG–(BUSINESS WIRE)–#mobileidentity–IPification, the creator of new technology for passwordless one-click mobile authentication, phone verification and fraud prevention, announces the launch of their one-click phone verification solution in the UK. The solution is currently in the final phases of testing […]

LifeYield, Allianz Life Expand Partnership to Help Financial Professionals Increase Retirement Income Potential

Access to LifeYield’s Social Security Advantage with Income Layers Helps Identify, Fill Gaps in Achieving Retirement Goals BOSTON–(BUSINESS WIRE)–To help investors find the right solutions to fill gaps in their retirement checks and cover anticipated expenses, LifeYield LLC, the market leader in developing cloud-based solutions that allow advisors to maximize retirement income for their clients, […]

Safe Harbor Credit Union Sees 143% Increase in Loans in 2020 with the Help of Kasasa

Credit union achieves growth despite industry wide slump due to COVID-19 AUSTIN, Texas–(BUSINESS WIRE)–Safe Harbor Credit Union has experienced its best loan growth in years with the assistance of Kasasa®, an award-winning financial technology and marketing provider. Safe Harbor expanded its relationship with Kasasa to strategically pivot its loan offerings. By reframing how consumers think […]

Independent Restaurants Running on Toast’s All-in-One Platform Outperform Peers by up to 30% During Pandemic

Investments in digital ordering and contactless payments technology allowed Toast to significantly grow their customer community and increase recurring revenue by ~70% BOSTON–(BUSINESS WIRE)–#COVID19—Toast, the fastest-growing restaurant management platform, today announced the 2020 results of its investments in the restaurant community. During the pandemic, Toast took steps to support the industry through rapid product innovation, […]

Bank of the West Selects Fiserv to Bring Zelle to Small Businesses

Bank advances payment-focused engagement strategy ahead of strong customer demand BROOKFIELD, Wis.–(BUSINESS WIRE)–Bank of the West, a subsidiary of BNP Paribas, is enabling its small business customers to send and receive money quickly and easily with Turnkey Service for Zelle®: Small Business from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology […]

ASC X9 Launches ISO 20022 Best Practices Forum

New Group, Open to All, Seeks to Broaden ISO 20022 Use in the U.S. Financial Industry by Documenting and Promoting Best Market Practices ANNAPOLIS, Md.–(BUSINESS WIRE)–#ISO20022–The Accredited Standards Committee X9 Inc. (X9) today announced the formation of the U.S. ISO 20022 Market Practice Industry Forum, which will work to research and document best practice recommendations […]

QMA launches flexible ESG and active tax management SMA platform for RIAs

NEWARK, N.J.–(BUSINESS WIRE)–$PRU–QMA, the quantitative equity and multi-asset solutions specialist of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has launched PGIM Quant Select, the first service for registered investment advisors (RIAs) that combines active multifactor equity solutions with customized environmental, social and governance (ESG) and tax management. PGIM […]

SRAX Announces Sequire Platform Has Over 3 Million Retail Investors

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 that Sequire has grown to over 3 million retail investors. “We have been discussing the importance of retail investors in public companies since the inception of Sequire. It’s the […]

CSI Partners With Autobooks To Enrich Relationship Between Small Businesses and Financial Institutions

PADUCAH, Ky.–(BUSINESS WIRE)–To empower financial institutions with the tools they need to help their small business customers more effectively manage their finances, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Autobooks, a fully integrated payments and accounting platform for small businesses, delivered through financial institutions. Autobooks […]

The Helper Bees Grows 200% in 2020, Helps 12,500 Families with Home Care

Digital home care company secured $6M in Series A funding, launched four successful products 200% YoY revenue growth; partnered with five new insurance carriers; welcomed 157 new team members; helped 12,500 families Well-positioned to bridge the gap and provide better care for 73 million aging adults in the U.S. AUSTIN, Texas–(BUSINESS WIRE)–#ATX—The Helper Bees (THB), […]

Ault Global Holdings Appoints Douglas P. Gintz as Chief Technology Officer and Director of Global Technology Implementation

Mr. Gintz to Lead Development of Innovative Technology Solutions Focused on the Electric Vehicle Charging Systems Market at Scale LAS VEGAS–(BUSINESS WIRE)–$AP #ACECool–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), today announced the appointment of Douglas P. Gintz as Chief Technology Officer (“CTO”) and Director of Global Technology Implementation. Mr. […]

Juniper Research: Biometrics to Secure Over $3 Trillion in Mobile Payments by 2025; Driven by Shift to App-based mCommerce

BASINGSTOKE, England–(BUSINESS WIRE)–#biometrics–A new study from Juniper Research has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. The report found that biometrics, including fingerprint, iris, voice and facial recognition are becoming critical to offering compelling app experiences, as mobile payments dominate the payments landscape. […]

Altruist Launches Portfolio Marketplace Featuring Vanguard and Dimensional Fund Advisors Models

Platform creates one-stop-shop for portfolio management, brokerage services and portfolio accounting software LOS ANGELES–(BUSINESS WIRE)–Altruist, a fully-integrated digital investment platform, announced the release of a new marketplace for financial advisors to use turnkey portfolios from leading asset managers. Advisors can build custom model portfolios on Altruist or assign models from providers in this new marketplace, […]

Sootchy Hires Top Talent in Marketing and 529 College Savings Plans

LOS ANGELES–(BUSINESS WIRE)–#529plan–Two years ago, David Adefeso began work on a platform with a singular vision: debt-free education for all. As Sootchy’s website and subsequent app have developed, so has the drive to realize that vision with the help of two women who are powerhouses in their industries. The first of these is Emma Willis. […]