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 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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced that Heather H. Wilson has been named as Chief Executive Officer. The CLARA Board of Directors selected Wilson based on her long track record of outstanding leadership in insurance and various global industries, including […]
Firm offers a lifeline to those clinging on to the DTCC’s soon-to-be-decommissioned OASYS by removing set-up and implementation fees WEST CHESTER, Penn.–(BUSINESS WIRE)–#DTCC—STP Investment Services, a comprehensive provider of front, middle and back-office operational services and fintech solutions, is offering investment managers who utilize the DTCC OASYS platform a migration to the STP settlements services […]
Extends Emburse Pay suite of global payments capabilities; integrated solution eliminates manual check runs, reduces payments errors, and optimizes spend LOS ANGELES & PORTLAND, Maine–(BUSINESS WIRE)–Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Pay – B2B Payments, delivering strategic spend management for corporate accounts payable teams. Emburse […]
Significant customer momentum underscores movement away from expensive, slow and static analytics solutions towards highly-scalable, cost-effective, and interactive analytics solutions BURLINGAME, Calif.–(BUSINESS WIRE)–#funding–Imply, the pioneer of Analytics-in-Motion, and founded by the original creators of Apache Druid, today announced the closing of a $70 million Series C led by Bessemer Venture Partners with participation from Tiger […]
Republic will deliver effortless, multi-channel experiences for consumers and businesses BROOKFIELD, Wis.–(BUSINESS WIRE)–#banking—Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced Republic Bank (NASDAQ: FRBK) has selected Fiserv as its new strategic technology partner for core processing, payments and digital solutions. Ranked as America’s #1 Bank for Service by […]
Comprehensive solution to improve customer experience, increase digital banking adoption in direct response to today’s banking environment TEWKSBURY, Mass.–(BUSINESS WIRE)–TimeTrade SilverCloud, the industry-leading provider of customer engagement solutions, announced today that it has launched its Self-Service Assistance Package that enables banks and credit unions to quickly increase digital adoption and improve the online experience for […]
The major milestone demonstrates Coin Cloud’s trajectory as the largest and fastest growing operator of digital currency machines LAS VEGAS–(BUSINESS WIRE)–#bitcoin—Coin Cloud, the largest and fastest-growing digital currency machine (DCM) operator in the world, announced today it is set to install its 2,000th kiosk across the United States and Brazil following retail partnerships with CAL’s […]
“Xingyun” to Streamline Loan Applications for Small and Micro Enterprises SHANGHAI–(BUSINESS WIRE)–Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced that its retail credit facilitation platform subsidiary, Ping An Puhui (“Puhui”), has launched a smart loan solution powered by artificial intelligence (AI). Named “Xingyun”, […]
NEW YORK–(BUSINESS WIRE)–#asiarisk–MCO (MyComplianceOffice) announces the launch of Role Monitoring and Assurance (RMA), the latest addition to it’s award-winning Know Your Employee suite. RMA allows firms to capture relevant employee functions, responsibilities, and activities in compliance with role assurance regimes. Role assurance regimes and regulatory guidelines on individual accountability are part of a global trend […]
Subsidiary to Provide Oversight, Alignment and Structure for MVB’s Tech Company Initiatives FAIRMONT, W.Va.–(BUSINESS WIRE)–MVB Bank, Inc. (“MVB Bank,” “MVB”) today announced the formation of a new wholly-owned subsidiary, MVB Edge Ventures. Based on a private equity fund model, MVB Edge Ventures provides management oversight, alignment and structure for MVB’s technology investments and allocates resources […]
Starting production this September, iNitrile’s pioneering new approach normalizes PPE protocols at work, minimizing waste, cost, and on-premise infection for companies across the United States HOUSTON–(BUSINESS WIRE)–#COVID19—iNitrile, a leading medtech provider which invented and developed automated disposable glove dispensers to combat infections in organizations, and a subsidiary of Texas Medical Technology, a leading medtech company, […]
Extension of program membership to Asia-Pacific follows USA, Canada, and Middle East-North Africa REDWOOD CITY, Calif.–(BUSINESS WIRE)–#apis—i2c, a leading provider of digital payment and banking technology, today announced the extension of its membership in Visa’s Fintech Fast Track program to the Asia-Pacific region (AP), making it the first company to become an enablement partner in […]
CAMBRIDGE, Mass.–(BUSINESS WIRE)–#assetbasedlending—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announces that its Commercial Lending team has extended financing to R.J. Forbes Painting Contractor, Inc. (R.J. Forbes) by securing a SBA 504 Loan through Bay Colony Development Corporation, a certified development company whose […]
SAN FRANCISCO–(BUSINESS WIRE)–With business owners seeking better banking experiences and resources to manage their financial assets and holdings, Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, announced its easy-to-use, no-code/low-code platform includes enhanced capabilities to support treasury origination and management services. In today’s digital-first world, banks and credit unions must integrate […]
RIMES is carbon negative as of 2021; a key pillar of its ESG strategy LONDON–(BUSINESS WIRE)–#carbonneutral–RIMES Technologies, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, today announces that it has been certified as Carbon Neutral Plus by Carbon Footprint, an organization that helps corporates and individuals reduce their carbon […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Akouba—Velocity Solutions, LLC announced that CIBC Bank USA will use Velocity’s digital lending platform to support its small business banking division. Akouba’s secure cloud-based SaaS platform reduces the cost and time and risk of originating loans, while increasing the profitability of each loan. Financial institutions retain control over the decision, the pricing, […]
Yaron Kassner to Discuss How AI and Machine Learning Can be Used To Detect and Block Identity-Based Lateral Movement Attacks In Real time BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#IAM—Silverfort, the unified identity protection company, today announced that CTO Yaron Kassner will present a session that will explain how compromised identities are used in lateral movement […]
Collaboration Helps Haulers Easily Renew Insurance and Access Premium Discounts With Potential Savings of Up to 18%* FRAMINGHAM, Mass.–(BUSINESS WIRE)–Trux™, the only heavy construction logistics platform that connects trucking companies, contractors, brokers, and material producers to the nation’s largest dump truck marketplace, announced today a collaboration with Boston-based REIN. REIN offers a revolutionary embedded insurance […]
PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, a tech-enabled specialty provider of commercial property and casualty insurance programs, now offers the ability to provide its highly successful alternative energy warranty products through a variable cost captive solution. The suite of warranty programs provide support to manufacturers, developers and owners for renewable, alternative and energy efficiency projects by providing an […]
Coupled with the IRS Non-Bank-Trustee (NBT) designation, Lively has solidified its position in the HSA market and secured customer trust. SAN FRANCISCO–(BUSINESS WIRE)–#HSA—Lively, Inc., creators of the modern health savings account (HSA), today announces it has exceeded $500 million in HSA assets. The milestone cements its position as the fastest-growing HSA provider and reaffirms its […]
ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global boutique venture capital firm focused on investing in disruptive financial services companies, announced today that it has hired Chuckie Reddy as a partner to focus on growth-stage investments. Chuckie joined QED Investors from J.P. Morgan where he spent 17 years, most recently as managing director and head of […]
LOUISVILLE, Ky.–(BUSINESS WIRE)–White Clay, a fintech company that provides a user-friendly experience to help bankers increase profitability, drive team performance and manage relationships, was named a 2021 ADVANCE Award winner by the Technology Association of Georgia (TAG) FinTech ADVANCE program, which recognizes innovative U.S. fintech companies with connections to Georgia. The ADVANCE Award is […]
The merger combines HST Pathways’ best in class revenue cycle management tool with premium solutions to address ASC patient, provider, and administrative needs NASHVILLE, Tenn.–(BUSINESS WIRE)–HST Pathways announced this morning its merger with healthcare price transparency leader, Clariti Health. The integration of Clariti Health with HST Pathways will empower ambulatory surgery center (ASC) clients nationwide […]
BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart solution for online bill payment services, announced that it has entered into a strategic partnership with Zensar, a leading digital solutions and technology services company. This partnership brings together the user-friendly SaaS platform of InvoiceCloud and Zensar’s global strategic consulting, enterprise delivery, and implementation services designed to create compelling value for […]
FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced Cross River Digital Ventures, its recently established venture capital arm. Cross River Digital Ventures seeks to invest in companies that sit at the intersection of lending, payments, investing and fintech, and are […]
BlackRock will leverage iCapital’s technology and service solution to increase access to its private markets product range internationally, including European Long-Term Investment Funds (ELTIFs) in Europe Partnership driven by a shared ambition to enhance access to private markets, bringing the benefits of this asset class to more investors across EMEA, APAC and LATAM LONDON & […]
More than 10,000 credit, collections and A/R professionals from 2800+ companies access 650+ videos in 200+ courses on the platform New ‘Highako Academy’ learning platform to be unveiled at the Credit SkillCon ‘21, led by 17 industry experts including Scott Blakeley, Wanda Borges, Bob Shultz, Jerry Bailey, Richard Macias, Jessica Butler and John Donovan Training […]
Fi911’s LIFT: Elevating Women in Fintech offers accessible, free mentoring from influential leaders in the industry TAMPA BAY, Fla.–(BUSINESS WIRE)–Fi911, the sister company of Chargebacks911, has launched a new micro-mentorship program to empower female leadership across the thriving fintech and payments arena. LIFT: Elevating Women in Fintech aims to champion and enable more women to […]
The leading Canadian fintech has welcomed new talent after impressive 50% year-on-year growth four years running CALGARY, Alberta–(BUSINESS WIRE)–Reach, the global payment localization provider, has announced the appointment of two members of senior management, with Sarah Hermary joining as Head of Human Resources, and Lohrasp Seify as Head of Data. The new hires will support […]
Cadet, a Leading Global Fintech Innovator, Provides Expertise on How the U.S. Can revolutionize its financial market infrastructure, with an inclusive, modern and resilient digital cash infrastructure for all NEW YORK–(BUSINESS WIRE)–#bitcoin—EMTECH, a first-of-its-kind fintech for central banks, announced today that Chief Executive Officer Carmelle Cadet has been selected to provide testimony about digitizing the […]
BOSTON & LONDON–(BUSINESS WIRE)–#Earnix—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, has been selected by one of the largest banking and insurance institutions in the Czech Republic, ČSOB Group, to integrate Earnix’s analytical personalization system into its personal lines insurance offering. Driven by cutting-edge analytics, artificial intelligence […]
Insurance industry heavyweights join Abacai CEO, Mark Wilson, at pivotal time for the industry Abacai’s integrated platform will provide a better insurance experience to customers powered by AI and contextual data technology Abacai intends to disrupt the industry on behalf of the customer LONDON–(BUSINESS WIRE)–Abacai Group (“Abacai” or “the Group”), the next generation insurtech disruptor, […]
