Business Wire


Purpose Investments Crosses $10 Billion in Assets Under Management, Donates to Second Harvest and Commits to Volunteering in Honour of Milestone

Growth in assets driven by continued focus on our clients’ success and innovation in risk management TORONTO–(BUSINESS WIRE)–Purpose Investments Inc. (“Purpose”), the innovative asset management firm and investment arm of Purpose Financial, is pleased to announce that its assets under management (AUM) have surpassed $10 billion, marking a significant milestone in its eight-year history. In […]

Intuit QuickBooks Debuts New Campaign to Spotlight Small Businesses’ “Journey to Success”

Integrated Campaign Builds on QuickBooks’ Backing You Campaigns; Features Baseball Legend and Investor Alex Rodriguez to Inspire Business Success MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit (NASDAQ: INTU) QuickBooks announced the launch of the next phase of its global “BACKING YOU” campaign, demonstrating again how QuickBooks helps small businesses achieve prosperity. Intuit first launched the “BACKING YOU” […]

FinTech Innovators Partner to Turn NLP into Dollars

CHICAGO & SAN FRANCISCO–(BUSINESS WIRE)–#AlternativeData–Vectorspace AI in partnership with CloudQuant announce the availability of novel datasets that reveal relationships between global equity products. Vectorspace AI datasets are designed to boost precision, accuracy, signal or alpha based on Natural Language Processing and Understanding (NLP/NLU) using the VXV utility token wallet-enabled API. Data can be viewed as […]

Bluevine Capital Chooses Medallia For Experience Management

SAN FRANCISCO–(BUSINESS WIRE)–Medallia, Inc. (NYSE: MDLA), the global leader in experience management, today announced that Bluevine Capital has selected Medallia as its experience management platform of choice. “It is very exciting to see an innovative, small-business-focused fintech leveraging Medallia’s technology to deliver exceptional experience to their thousands of digitally-focused business owners,” said Elizabeth Carducci, chief […]

Abaxx Technologies Goes Public on NEO Exchange

TORONTO–(BUSINESS WIRE)–$ABXX #listing—NEO is proud to welcome Abaxx Technology Corp. Ltd. (“Abaxx” or the “Company”), a development stage financial technology business and global commodities exchange, as they launch today on the NEO Exchange. Abaxx is now available for trading under the symbol NEO:ABXX. Founded in 2018, Abaxx develops software tools that enable commodity traders and […]

Alliance Manchester Business School Partners With Global Executive Education Provider Emeritus to Address New Challenges in the World of Business, Health and Finance

LONDON–(BUSINESS WIRE)–#AMBS–Alliance Manchester Business School (AMBS) is partnering with online education provider Emeritus to create a series of online executive education courses, aiming to provide those in management and c-suite positions with essential new skills and knowledge to thrive in an increasingly digital workplace. The first three courses will cover data science, digital transformation in […]

Finicity Announces Secure Data Access Agreement with Brex

Finicity Extends Direct API Integrations to Fintechs; Will Allow Brex Customers to More Easily and Securely Permission Data with Third-Party Apps and Services SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Brex, a company that is reimagining financial […]

IVP 2020 in Review – Ten New Investments and a Growing Team for Investing in and Serving High Growth Technology Companies

MENLO PARK, Calif.–(BUSINESS WIRE)–IVP, a premier later-stage and growth equity firm, today shared a summary of key milestones for the last 12 months, a memorable year that despite many challenges saw the technology industry emerge stronger than ever. During 2020, IVP announced ten new investments as the firm continues to invest actively in high growth […]

Multi-State AAA Preferred Service Provider United Towing & Transport Joins the eMaxx Group Captive Program

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx Assurance Group of Companies (eMaxx), a provider of insurance program administration, risk management, and technology today announced that United Towing & Transport, a premier multi-state AAA Preferred Service Provider has joined the group captive program for AAA roadside assistance providers. “eMaxx welcomes United Towing & Transport as a new Member to the […]

Redspin, a Division of CynergisTek, Announces Approval to Perform Work for 300,000 Suppliers to the Defense Industrial Base Significantly Expanding Addressable Market

One of only a handful of organizations accepted into the CMMC Certified Third-Party Assessor Organization (C3PAO) and Registered Provider Organization (RPO) programs. AUSTIN, Texas–(BUSINESS WIRE)–$CTEK #C3PAO—CynergisTek, (NYSE AMERICAN: CTEK), a leading cybersecurity firm helping organizations in highly regulated industries navigate emerging security and privacy issues, today announced that Redspin, a division of CynergisTek, received approval […]

Business, Economics & Work on the Cusp of Seismic Reset, Research From SourceCode and Douglas Rushkoff Concludes

Exacerbated by COVID, 2021 will be dominated by a shift from runaway growth to regenerative models; from Unicorns to Zebras; from capital to competence, and heralds a workforce demanding intrinsic rewards over compensation NEW YORK–(BUSINESS WIRE)–#TrendSights—SourceCode Communications, a New York-based technology communications agency, today launches the first in a series of TrendSights Reports, Vol 1: […]

Elevation Offers Affordability for Single-Family Renters by Adopting LeaseLock Zero Deposit

Northwest Arkansas single-family rental housing operator secures nearly $3,000 in coverage on every new lease MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the leading insurtech software platform that automates deposits out of leasing while providing enhanced lease insurance protection for rental housing operators, today announced Elevation Real Estate and Management has implemented LeaseLock Zero Deposit™ across its […]

InterPrice Technologies, Inc. Forms a Diversity Firm Advisory Council

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, Inc., a woman-owned early-stage debt capital markets fintech platform, announces the formation of a diversity broker dealer advisory council. The council will consist of Academy Securities, CastleOak Securities, L.P., Ramirez & Co., Inc., R. Seelaus & Co., LLC, and Siebert Williams Shank. “We are deeply committed to diversity and inclusion, and […]

Andersen Global Initiates Expansion Into Malta

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Andersen Global continues to expand its European coverage through a Collaboration Agreement with law firm Chetcuti Cauchi Advocates and associated corporate services firm CCA Interserv Ltd based in Valletta, Malta. Chetcuti Cauchi, recognized by Chambers and Partners, Legal 500 and IFLR1000, serves entrepreneurs, family businesses and institutions with local and international needs. Led […]

Altimetrik Launches Digital Lending Platform for Mid-Tier Banks

New financial services platform is among the first few point solutions developed and launched by Altimetrik as it builds digital business enablement products DETROIT–(BUSINESS WIRE)–Online lending has surged in each of the last several years even though satisfaction among online borrowers is far lower than those taking loans from traditional banks. This opportunity for mid-tier […]

Numerated to Fully-Automate the Next Round of Paycheck Protection Program Lending; Announces New Features & 48-Hour Launches for Banks & Credit Unions

100+ lenders are using Numerated to manage PPP lending and Forgiveness BOSTON–(BUSINESS WIRE)–Numerated, the leading business lending technology company for banks and credit unions, announced today it will fully-automate lending for the next round of Paycheck Protection Program (PPP) funding being negotiated in Congress to address the coronavirus pandemic. During the first round of PPP […]

Revance Reports Positive Efficacy and Duration Results from Phase 2 Upper Facial Lines Study

– Open-label study of DaxibotulinumtoxinA for Injection in the combined treatment of glabellar lines, forehead lines and crow’s feet lines showed efficacy of none or mild wrinkle severity in at least 92 percent of subjects at Week 4 – – Median time to return to baseline wrinkle severity was at least 33 weeks (7.6 months) […]

United Insurance Holdings Corp. Announces Transfer of Business in Northeast to HCI Group, Inc.

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–$UIHC—United Insurance Holdings Corp. (NASDAQ: UIHC), a property and casualty insurance holding company (“UPC”) and HCI Group, Inc. (NYSE: HCI), an InsurTech company with operations in insurance, software development and real estate (“HCI”), have reached an agreement in principle to transfer UPC’s personal lines business in four Northeast states of Connecticut, New […]

Premier Bank Selects CSI for Strategic, Customer-Centric Core Banking Services

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Dubuque, Iowa-based Premier Bank ($390 million in assets) has selected its NuPoint® core platform in order to offer more strategic and reliable banking solutions that can evolve in lockstep with its customers. Premier Bank began evaluating new […]

Global Processing Services (GPS) Selected to Join Mastercard’s Fintech Express Programme

Announcement follows GPS’ recent sweep at the Emerging Payments Awards, sponsored by Mastercard, including securing the highly coveted Leading Emerging Payments Organisation award LONDON–(BUSINESS WIRE)–Leading issuer processor, Global Processing Services (GPS), today announces it has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express […]

Emerge Announces Annual Distributions for Emerge ARK ETFs

TORONTO–(BUSINESS WIRE)–Emerge Canada Inc. (“Emerge”) today announced the 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. The record date for the Distribution is December 22, 2020, payable on December 31, 2020. Details regarding the Distribution amounts are as follows: Fund […]

ABD Total Solution Transforms the Business Insurance Experience for Emerging VC-backed Technology and Life Science Companies

ABD’s new digital platform, coupled with risk consulting and unmatched experience from world-class experts, means VC-backed technology and life science companies can now secure the exact business coverage needed in a fraction of the time. SAN FRANCISCO–(BUSINESS WIRE)–#ABD—ABD Insurance and Financial Services, a leading national full-service insurance brokerage and consulting firm, today announced the launch […]

MCO ranks at Deloitte Technology Fast 50 Awards

DUBLIN–(BUSINESS WIRE)–#Deloittefast50–Conduct risk compliance technology company, MCO, ranked at the 2020 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. It is the first year that MCO appears in the rank after four years of constant growth. The Deloitte rank is based on average revenue growth over four years, […]

Patriot Bank Selects ZSuite Technologies to Grow Core Deposits with ZRent and ZDeposit

Community bank to offer niche, vertical-focused tools BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—Patriot Bank has partnered with ZSuite Technologies, a financial technology company offering digital tools that helps businesses and individuals automate collection of recurring payments and manage security deposits, to increase low-cost, core deposits and leverage digital channels. Through this partnership, Patriot Bank has become the first […]

Turbonomic Third Quarter Revenue Up 78% Year-Over-Year

Modern Applications Require a Modern Hosting Platform’s Capabilities BOSTON–(BUSINESS WIRE)–Turbonomic, the leader in Application Resource Management (ARM) announced third quarter revenues increased 78 percent driven by customers’ needing to simplify and trust application performance assurance through AIOps. Today, Turbonomic is the only platform that understands the infrastructure and network resources needed to assure performance and […]

OCTO Telematics Announces OCTO IoT4Insurance on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace

OCTO’s customers can now benefit from OCTO IoT4Insurance ROME–(BUSINESS WIRE)–#connectedinsurance–OCTO today announced it has launched OCTO IoT4Insurance on Salesforce AppExchange, empowering customers to determine individual Policyholder driving behavior that favors their engagement and cross-selling. Insurance marketing and sales teams can build campaigns selecting the target from their portfolio in order to propose a motor line […]

CyberGRX Drives Significant Growth in 2020; Advances Global Third-Party Cyber Risk Market

Company brings enhanced efficiency to TPCRM programs through market expansion, proprietary research and product enhancements DENVER–(BUSINESS WIRE)–CyberGRX, provider of the world’s first and largest global cyber risk exchange, demonstrated impressive growth in 2020. In a year marked by seismic shifts and challenges, CyberGRX evolved their proprietary, data-forward approach to third-party cyber risk management (TPCRM), fulfilling […]

INX to Become First Platform to List In-cask Liquor and Gaming Tokens and Brings German Real Estate to The U.S.

The regulated digital asset platform announces plans to list whiskey maker Wave Kentucky Whiskey 2020 Digital Fund LLC, Germany-based real estate company KlickOwn AG, and MMO gaming title Infinite Fleet NEW YORK–(BUSINESS WIRE)–#bitcoin—INX Limited, the blockchain-based platform for trading digital securities and cryptocurrencies, announces future plans to list three projects in alcohol, real estate, and […]

Governor Lee, Commissioner Rolfe Announce Revance Therapeutics to Relocate Global Headquarters to Nashville

Silicon Valley biotechnology innovator in aesthetics, therapeutics and financial technology Company will invest more than $10 million in Nashville operations Project will create nearly 150 jobs over five years NASHVILLE, Tenn.–(BUSINESS WIRE)–Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Revance Therapeutics (NASDAQ: RVNC) officials announced today that the company […]

The Promise Homes Company and Esusu Announce Partnership to Provide Residents with Free Credit Building and Reporting Services

ATLANTA–(BUSINESS WIRE)–The Promise Homes Company, one of the largest minority-led, institutional-quality owners of single-family residential rental property in the U.S., and Esusu, the leading fintech company providing rental data into credit bureaus on behalf of landlords, announced today a partnership that will benefit Promise Homes residents by reporting on-time rental payments to the credit bureaus […]

Neo Financial Raises $50 Million in Series A Funding and Debt Financing

Fintech startup raises one of the largest Series A rounds in Western Canada amidst unprecedented year CALGARY, Alberta–(BUSINESS WIRE)–Today, Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding round […]

InterGen Data and Brandeis International Business School Launch COVID-19 Comorbidity Dashboard

Interactive tool uses demographic data from 8.4 million records to predict the potential for Hospitalization, ICU Admittance, and Death PLANO, Texas & BOSTON–(BUSINESS WIRE)–#ArtificialIntelligence—InterGen Data, Inc., a leading provider of Life Event Data, analytics, and predictive modeling, is collaborating with graduate students at Brandeis International Business School to analyze and identify the impact of COVID-19 […]

After Backing Companies Worth More Than $6 Billion With Initial Fund, Ross Fubini’s XYZ Venture Capital Debuts $80 Million Fund II for Early-Stage Investments

XYZ’s unique approach helps startups transform tech-forgotten industries and enables fintech and enterprise startups to go faster SAN FRANCISCO–(BUSINESS WIRE)–Today, XYZ Venture Capital opened up about its mission, model and team for the first time when announcing its second fund. Building on the success of Fund I, which made early investments in companies now worth […]

Morningstar and iShares Join Forces to Lead the Industry in Style Investing

New Morningstar Broad Style Indexes to be tracked by iShares ETFs Enhanced iShares ETFs will reflect iconic Morningstar Style Box™, and are designed to deliver innovation, quality, and value CHICAGO & NEW YORK–(BUSINESS WIRE)–In a commitment to reinvent the $3.0 trillion style investing market for U.S. equities, Morningstar and iShares are joining forces. Morningstar, Inc. […]

ModusBox and Mountain State Software Solutions Officially Add DataSonnet to Apache Camel

Apache Camel merges DataSonnet – an open source data transformation standard – into its release version 3.7. SEATTLE–(BUSINESS WIRE)–#banking–We are very happy to announce that Apache Camel has merged DataSonnet into its latest release, version 3.7. DataSonnet is an open source JSON-centric, template-based data transformation standard built to rival proprietary options available in the market. […]

Origami Risk Unveils New Online Tools for Employers to Track COVID-19 Vaccinations, Monitor Workplace Outbreaks

As Vaccines Roll-Out, Leading Risk Software Firm Brings Timely Solutions To Heathcare Providers, Nursing Homes, Employers in All Sectors CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced it has developed new online solutions for healthcare providers, nursing homes and employers in all sectors to track […]

Radius Bank Launches Enhanced Online Banking and Mobile App Experience for Small Business Clients

BOSTON–(BUSINESS WIRE)–#bestonlinebank—Radius Bank, a forward-thinking digital bank, announced today the recent launch of its enhanced online business banking platform and mobile app for small business clients. The overhauled user experience was the result of the bank’s continued partnership with NYC-based financial technology company Narmi, which also powers Radius’ consumer online banking and companion mobile app. […]

CyberLink Will Showcase New FaceMe® eKYC and Fintech Solutions at CES 2021

The company will also exhibit the latest updates to its industry-leading FaceMe® SDK, as well as its highly praised pandemic control and access security software solutions FaceMe® Health and FaceMe® Security TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink—CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition technologies, will showcase new applications of its state-of-the-art FaceMe® technology for the […]

IDEMIA Awarded in AFI’s 2020 Inclusive Fintech Showcase

COURBEVOIE, France–(BUSINESS WIRE)–The company was one of 12 finalists in the showcase, which recognizes solutions for their capacity to support disadvantaged groups, advance financial inclusion, and mitigate the impacts of the COVID-19 pandemic. IDEMIA has been awarded second place in the 2020 AFI Inclusive Fintech Showcase for its digital identity solution for disadvantaged groups. The […]

PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs

NEW YORK–(BUSINESS WIRE)–BlackRock today announced a series of product enhancements to the iShares Morningstar U.S. Equity Style Box ETFs. The changes to each of the nine funds outlined below are expected to be implemented no earlier than March 19, 2021. Current ticker New ticker Current fund name New fund name Current investment objective New investment […]