CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, today announced that it will help business owners apply for loans through the latest round of the Paycheck Protection Program (PPP), as part of the new stimulus package that was signed into law on Dec. 27. The new PPP program will offer $284 billion in loans to eligible small […]
Presenters to Direct a $500 Charitable Contribution from Transact to Their University PHOENIX–(BUSINESS WIRE)–#edtech—Transact, the leader in integrated campus payment, ID and commerce solutions, today extended a call for presentations for its Transact 360° Annual User Conference, which will take place virtually March 15-17, 2021. New this year, submitters of accepted presentations may direct a […]
WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bank is offering banks, credit unions, community development financial institutions, minority deposit institutions, microfinance institutions, and other lenders and non-profits a “white label” turnkey end-to-end PPP origination, funding, and loan forgiveness solution. There are numerous reports of PPP fatigue – lenders that simply do not have the capacity or desire to […]
Partnership to Advance the Products and Expand Market Penetration AUSTIN, Texas & SAN FRANCISCO–(BUSINESS WIRE)–XDimensional Technologies, a property and casualty insurance technology platform, announced it received a majority investment from Serent Capital, a growth-focused firm that invests in technology and tech-enabled services companies. XDimensional Technologies has developed an exceptionally robust solution that enables its insurance […]
NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today provided a corporate update, product pipeline timing and anticipated milestones for 2021. Financial Update and Key Launch Metrics: Preliminary Unaudited Full Year 2020 RHA® Collection Revenue of Between $12.5 Million and $13.0 Million. The company expects its […]
HSINCHU CITY, Taiwan–(BUSINESS WIRE)–$secux #Bitcoin–SecuX Technology Inc. is a Taiwan-based cryptocurrency hardware wallet provider with its own technical design, product manufacturing, international marketing and sales distribution to global online retail shops and some allied partners. Now users of SecuX STONE Cryptocurrency Hardware Wallets can add the Buy Crypto feature on its Wallet Web App (My […]
One of the oldest community banks in the country partners with 360 View to enhance their commitment to delivering a truly personal banking experience to each customer. 360 View will provide BankNewport a full view of their customer ensuring a seamless customer interaction across business teams, including introducing information sharing with their insurance subsidiary OceanPoint […]
Credit union completes seamless virtual core conversion to MDT, expects to boost efficiencies, enhance member service FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–CODE Credit Union has successfully implemented the Episys® core processing system hosted by Member Driven Technologies (MDT), a CUSO that provides a private cloud alternative for core processing and IT needs. MDT hosts Episys from Symitar®, […]
The Ninth Wave Platform Now Supports All Versions of the FDX and OFX Industry Standards, Ensuring Customers Remain Agile and Responsive to Changing Data-Sharing Protocols NEW YORK–(BUSINESS WIRE)–#banking–Ninth Wave, the leading enabler of secure data connectivity between financial institutions and third-party applications including aggregators, fintechs, accounting solutions, tax prep software, and other consumer and business […]
Identity and data governance innovator drove 3X growth by meeting a growing demand for enterprise cloud security NEW YORK–(BUSINESS WIRE)–Sonrai Security, the leader in identity and data governance for public cloud, today announced that it will close 2020 having achieved a number of critical milestones, including more than 3X customer growth, a number of large […]
BERKELEY, Calif.–(BUSINESS WIRE)–Wings Financial Credit Union ($6.5 billion in assets) will now offer Access Softek’s EasyVest robo-advisor investing solution to its more than 300,000 members to make investing simpler and more accessible. Access Softek, Inc., an omnichannel digital banking platform provider, created EasyVest to give financial institutions a solution that simplifies investing and makes it […]
Thousands of financial advisors can now leverage Franklin Templeton’s Goals Optimization Engine (GOE) to provide personalized advice for their retirement plan clients NEW YORK & SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton has partnered with digital recordkeeping platform Vestwell to build an advisor managed account experience that will reset the bar on how advisors engage with clients. […]
Credit Union Reports 300% Surge in Remote Digital Transactions RAHWAY, N.J.–(BUSINESS WIRE)–IMM, the leader of eSignatures designed exclusively for financial institutions, announced that Chesterfield, Mo.-based First Community Credit Union (FCCU), with more than 345,000 members, successfully launched IMM’s Web Forms to Workflow functionality during the COVID-19 pandemic, resulting in a 300% increase in remote digital […]
GO2bank Delivers Safe, Seamless, Affordable Banking with Up to $200 Overdraft Protection, Early Access to Pay and Benefits, High-Value Rewards, Credit Tools, and More PASADENA, Calif.–(BUSINESS WIRE)–#banking–Green Dot Corporation (NYSE: GDOT) today announced the launch of GO2bank, a new mobile bank designed to help the two in three Americans living paycheck to paycheck stretch their […]
Hong Kong-based fintech and social media startup FundOf teams up with AI-based identity company Onfido to deliver global Bitcoin adaptation to the content creation industry SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Onfido, the leading identity verification and authentication company has partnered with FundOf, a tool that helps content creators monetize their content on any platform, to verify […]
Fintech startup is latest to get approval from the State Bank of Pakistan (SBP) to operate as an Electronic Money Institution (EMI) REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, announced that it has been selected to power Pakistan’s TAG, the nation’s first digital-native financial super app due to […]
WEST READING, Pa.–(BUSINESS WIRE)–$BMTX #divestiture–Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively “Customers”), is pleased to announce that it has completed its planned divestiture of its BankMobile business. As previously announced, Megalith Financial Acquisition Corp. (“Megalith”), MFAC Merger Sub Inc. (“Merger Sub”), Customers Bancorp, Customers Bank and BankMobile Technologies, Inc., a […]
Tavant’s customers can now benefit from an enhanced end-to-end digital mortgage experience SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending–Tavant today announced it has launched FinConnect on Salesforce AppExchange, empowering customers to connect the internal and external systems within their mortgage ecosystems. FinConnect is a component of Tavant’s AI-powered digital lending suite of products, VΞLOX, and simplifies the lending […]
Toronto-based fintech landed big names on both the client and employee side last year, expanding scale and preparing for increased growth ahead TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, concluded 2020 with significant growth and development across the organization, […]
PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Nashville, Tennessee-based Citizens Savings Bank and Trust Co. (Citizens Bank) has selected its NuPoint® core platform to further the bank’s mission of fostering the economic advancement of minorities and consumers who are largely underserved in the […]
OLDWICK, N.J.–(BUSINESS WIRE)–The January issue of Best’s Review takes an in-depth look at how the insurtech sector is evolving. “Turning the Corner” examines the deal environment and how it’s now the insurtechs that are interested in making acquisitions. In “A Healthy Dose of Reality,” Best’s Review speaks with Adrian Gore, the founder and chief executive […]
RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Knox Lane, a leading middle market investment firm focused on the consumer and services sectors, on its strategic investment in Fingerpaint, a full-service health and wellness marketing agency with five offices across the U.S. The transaction was led by […]
Digital Banking Leader Gains Over 125,000 Accounts and Achieves 969X Revenue Growth Since Launch, Attracting Top Venture Capital Firms and Investors SAN FRANCISCO–(BUSINESS WIRE)–Digital banking platform Oxygen today announced a $17 million Series A round of funding. The round included Runa Capital, S7V, 1984.vc, EFG Hermes, Rucker Park, and Inventures, in addition to celebrity and […]
Q4 2020 Net Member Additions Accelerated by over 50% as compared to Q3 2020 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 empowering the next generation of consumers with innovative financial products including buying and selling of Bitcoin through its […]
LONDON–(BUSINESS WIRE)–DNA Payments (DNA), a fintech payments company, is pleased to announce the launch of a new product: Pay by Bank app (PbBa). Pay by Bank app is a new online checkout option that lets consumers pay using the bank app on their phone. It’s designed to make online checkout easier, whilst using all the […]
VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers with innovative financial products including buying and selling of Bitcoin through its mobile app, today announced that it has entered into an at-the-market offering agreement (the “ATM Offering Agreement”) with H.C. […]
Aims to provide unparalleled liquidity for real estate fractional ownership trading TEL AVIV, Israel & GIBRALTAR–(BUSINESS WIRE)–#bitcoin—SolidBlock and INX Ltd. announce plans to list SolidBlock’s real estate-based security tokens on the INX securities trading platform. Each listed token class will be backed by either a single property or a collection of properties from SolidBlock’s exclusive […]
TAIPEI, Taiwan–(BUSINESS WIRE)–CTBC Financial Holding Co., Ltd.’s (CTBC Financial Holding) has released a short film titled ‘A simple thank you (如常‧謝謝你)’ on Dec. 28 to express thanks to all the employees for their efforts during the COVID-19 pandemic. Directed by Hsiao Ya-chuan (蕭雅全) and uses “Thank You” by artist Summer Lei (雷光夏) as background music, […]
WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bancorp (NYSE:CUBI) was recently identified as one of the “best financial stocks to buy” in 2021 by Kiplinger. The publication looked at the financial sector, one of the hardest-hit segments of the market, to identify the most promising investment opportunities following the Federal Reserve’s move to give big banks the approval […]
NEW YORK–(BUSINESS WIRE)–$QQC–Paul Kim and David M. Berns, Ph.D, co-founders of Simplify Asset Management (“Simplify”) have announced the launch of four new bleeding-edge ETFs in the following areas: financial technology, pop culture and media, robotic cars and clean energy along with cloud and cybersecurity. Details for the ETFs are now live at simplify.us/etfs. The pace […]
TORONTO–(BUSINESS WIRE)–Emerge Canada Inc. (“Emerge”) today announced the final special year-end non-cash notional, reinvested income and capital gains distributions per unit (the “Distribution”) for Emerge ARK ETFs for the 2020 tax year, following continued growth of the funds. There is a reduction in the distribution per unit previously announced for EARK, EAGB and EAAI as […]
Extend continues to lead the sector in digital issuing services for commercial card programs—creating accessible virtual card solutions for everyone’s payment needs. NEW YORK–(BUSINESS WIRE)–Extend was founded three years ago with one mission: to democratize access to modern payment experiences. Since inception, major investors including Point72 Ventures, FinTech Collective, Reciprocal Ventures, Royal Bank of Canada […]
All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions through its mobile app, today announced that it plans to make an initial corporate investment of up to $1.5 million in bitcoin and will consider additional […]
RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TractManager, a portfolio company of Arsenal Capital Partners (Arsenal), on its sale to symplr, a portfolio company of Clearlake Capital Group, L.P. (Clearlake). TractManager’s technology and professional services optimize the business of healthcare through contracting, sourcing and provider management […]
NEW YORK–(BUSINESS WIRE)–Golden Falcon Acquisition Corp. (NYSE: GFX.U) (the “Company”) announced today that it closed its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $345,000,000. The units are listed on the New York Stock […]
The digital asset platform that launched the first SEC-registered security token IPO in history unveils a demo version of its trading infrastructure NEW YORK–(BUSINESS WIRE)–#bitcoin—INX Limited (“INX” or the “Company”), the global blockchain-based exchange for trading digital assets, unveils the demo version of its trading infrastructure (demo.trading.inx.co). INX aims to open for trading during the […]
Cloud-based PPP solution provides 100% digital loan origination and forgiveness, dramatically increasing lenders’ processing capacity ahead of latest Covid-19 relief package, quickly getting money into the hands of businesses that need it AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the availability of its […]
Company raises $3.5 million in seed funding for proprietary technology that modernizes and simplifies supplemental health insurance OAKLAND, Calif.–(BUSINESS WIRE)–#healthcare—LifeRaft, a new insuretech company that makes simple, flexible and cost-effective supplemental health insurance products, came out of stealth mode today and launched its platform to offer people supplemental health options and solutions designed for real […]
Educational initiative is designed to empower a new generation to learn, save and grow on the path to financial freedom LOS ANGELES–(BUSINESS WIRE)–Investor’s Business Daily (IBD), a leading financial news and research organization, today announced that it’s launching an educational program called IBD Moneyworks. True to IBD’s vision of inspiring and empowering financial freedom, Moneyworks […]
Company collaborates with J.P. Morgan to address the growing needs of lenders in underserved segments of the U.S. mortgage market ATLANTA–(BUSINESS WIRE)–#ESG–MAXEX today announced the launch of the first two programs in its new Environmental, Social and Corporate Governance (ESG) business line. The initial programs are designed to support the growth of minority, women and […]
