Business Wire

Aeldra and Blue Ridge Bank Launch Neobank to Expand U.S. Financial Access to BRICS-Plus Countries thumbnail

Aeldra and Blue Ridge Bank Launch Neobank to Expand U.S. Financial Access to BRICS-Plus Countries

New partnership focused on banking and financial services needs in the U.S. PALO ALTO, Calif.–(BUSINESS WIRE)–$BRBS #BlueRidgeBank–Blue Ridge Bank, the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announced today a partnership with Aeldra Financial, Inc., a Silicon Valley-based financial technology company, to launch a mobile neobank called Aeldra. The neobank bank […]

NetVU Confirms Its Commitment to Helping Members Thrive Post Pandemic thumbnail

NetVU Confirms Its Commitment to Helping Members Thrive Post Pandemic

Leadership Delivers Strategy at Annual Meeting IRVING, Texas–(BUSINESS WIRE)–#NetVU–The independent agency channel is resilient and ready to meet the challenges of the future through robust investments in technology and innovative approaches to education. That was the theme of the annual meeting of NetVU, The Network of Vertafore Users, which serves as the official kickoff to […]

TimeTrade SilverCloud Releases ‘Digital-First Banking Trends Report’ thumbnail

TimeTrade SilverCloud Releases ‘Digital-First Banking Trends Report’

Analysis of customer engagement trends reveals new opportunities for financial institutions to improve digital experience TEWKSBURY, Mass.–(BUSINESS WIRE)–TimeTrade SilverCloud, the industry-leading provider of customer engagement solutions, today released its “Digital-First Banking Trends Report,” examining customer engagement trends with banks and credit unions over the span of the first year of the pandemic from March 2020 […]

Silvur’s Cost-of-Living Calculator Shows Major Differences In Location And Impact On Retirement Across The U.S. thumbnail

Silvur’s Cost-of-Living Calculator Shows Major Differences In Location And Impact On Retirement Across The U.S.

Award-Winning Financial Wellness Super App Compares Cost of Living for people ages 50+ Across U.S. Zip Codes NEW YORK–(BUSINESS WIRE)–Silvur, the first and only financial wellness super-app dedicated to helping baby boomers reach their retirement goals, today announced the introduction of a first-of-its-kind Cost-of-Living Calculator that lets people compare the cost of living in different […]

ICE Expands its Global Environmental Complex With the Launch of UK Emissions Futures And Hosts First UK Emissions Auction thumbnail

ICE Expands its Global Environmental Complex With the Launch of UK Emissions Futures And Hosts First UK Emissions Auction

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched ICE UK Allowance (“UKA”) Futures contracts and today hosted the first auction of the UK Emissions Trading Scheme (“UK ETS”). Today, 6,052,000 UK allowances were offered for auction and all allowances were sold during […]

Waffle Closes $5 M Total Seed Funding Round and Launches All-In-One Insurance Solution thumbnail

Waffle Closes $5 M Total Seed Funding Round and Launches All-In-One Insurance Solution

Consumer insurance solution is bringing top-rated nationwide coverage to all 50-states in a few clicks NEW YORK–(BUSINESS WIRE)–Waffle, the all-in-one consumer insurance solution, today announced a total $5 million seed round led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. This news comes alongside Waffle’s official launch in both iOS and web, which […]

Access Softek Research Finds Growth Opportunity for Financial Institutions via Video Chat Capabilities thumbnail

Access Softek Research Finds Growth Opportunity for Financial Institutions via Video Chat Capabilities

BERKELEY, Calif.–(BUSINESS WIRE)–The research arm of Access Softek, an omnichannel digital banking provider, recently surveyed 500 consumers about their preferences on using video chat to communicate. The full research report can be accessed here. The study found that nearly 65% of respondents have used video to communicate live in the past year. Of those respondents, […]

Customers Bank Expands Consumer Installment Loan Program With Upstart thumbnail

Customers Bank Expands Consumer Installment Loan Program With Upstart

WEST READING, Pa. & SAN MATEO, Calif.–(BUSINESS WIRE)–Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Customers Bank, a full-service super-community bank and subsidiary of Customers Bancorp, Inc. (NYSE: CUBI), has expanded and extended its bank partnership with Upstart to scale its personal loan program through the Upstart Referral Network and its […]

U.S. Century Bank Selects NCR to Transform Digital Banking for Consumers and Businesses thumbnail

U.S. Century Bank Selects NCR to Transform Digital Banking for Consumers and Businesses

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, announced today that Doral, Fla.-based U.S. Century Bank selected NCR to elevate the digital banking experience for consumers and businesses. $1.4 billion-asset U.S. Century Bank is currently undergoing a digital transformation across its institution and recognized the need to modernize its […]

ICE Reports Record Futures Open Interest of 47 Million Contracts Reflecting Depth of Liquidity Across Asset Classes thumbnail

ICE Reports Record Futures Open Interest of 47 Million Contracts Reflecting Depth of Liquidity Across Asset Classes

Record TTF Futures OI of more than 1.9 million Murban Futures at Record OI of 52,148 LONDON & NEW YORK & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record Total Futures Open Interest of more than 47 million contracts on May 17, 2021. ICE’s TTF […]

Financial Data Exchange Releases FDX API 4.6 thumbnail

Financial Data Exchange Releases FDX API 4.6

Increased API scope for North American open finance standards include credit management, payment services infrastructure and more than 600 unique financial data elements. RESTON, Va.–(BUSINESS WIRE)–#FDXAPI–The Financial Data Exchange (FDX) has announced its Spring release of FDX API 4.6 including enhanced payment services, coverage of over 600 unique financial data elements, and a new Credit […]

Cryptocurrency exchange CEX.IO Selects FIS to Support Launch of Consumer Debit Cards thumbnail

Cryptocurrency exchange CEX.IO Selects FIS to Support Launch of Consumer Debit Cards

Key facts FIS solution will handle all aspects of card management and processing for CEX.IO’s new line of debit cards across the UK and Europe. Consumer cards will tie traditional debit capabilities to modern cryptocurrency accounts. The global cryptocurrency exchange utilizes Worldpay from FIS’ payment gateway and global acquiring services. LONDON–(BUSINESS WIRE)–CEX.IO, a leading global […]

Joyn Insurance Partners With Commit USA to Help Develop Advanced InsurTech Platform thumbnail

Joyn Insurance Partners With Commit USA to Help Develop Advanced InsurTech Platform

Joyn’s Platform Utilizes Real-time Data to Simplify and Streamline Underwriting for Small and Middle Market Risks NEW YORK–(BUSINESS WIRE)–#innovate—Commit USA, a global technology and custom software solutions company, and Joyn Insurance℠, a New York City-based InsurTech startup, today announced a partnership to support the development of Joyn’s new platform, which is slated to launch this […]

KlariVis Selected for Microsoft for Startups Designed to Help Startups Quickly Scale thumbnail

KlariVis Selected for Microsoft for Startups Designed to Help Startups Quickly Scale

IP co-sell ready, and transacting on Azure Marketplace, KlariVis is poised for growth ROANOKE, Va.–(BUSINESS WIRE)–#KlariVis—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers today announced its induction into Microsoft for Startups, a global program dedicated to accelerating the trajectory of high -potential startups to enable growth at scale. As […]

DataVerify® Announces Synergistic Association with Dytrix, Inc. thumbnail

DataVerify® Announces Synergistic Association with Dytrix, Inc.

ST. LOUIS–(BUSINESS WIRE)–DataVerify®, a leading provider of workflow solutions, data verification, and risk mitigation services to the mortgage industry, announced today it has agreed to an association with Dytrix, Inc. to offer wire validation and counterparty risk mitigation services to its valued lender clients. “Lenders today are facing significant risks posed by wire fraud and […]

Cantaloupe Introduces ePort® Engage Series thumbnail

Cantaloupe Introduces ePort® Engage Series

Next-Generation Touchscreen Devices Introduce Advanced Consumer Engagement, Accepting All Payments, Including Cryptocurrency MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #Crypto—Cantaloupe, Inc. (NASDAQ: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the development of the ePort® Connect Platform’s premium and next generation touch screen […]

Citcon Partners With Flexa to Bring Digital Currency Payments to Merchants Worldwide thumbnail

Citcon Partners With Flexa to Bring Digital Currency Payments to Merchants Worldwide

Citcon’s integration for mobile payments now includes access to cryptocurrencies with a simple, fast and fraud-proof form of payment. SAN JOSE, Calif.–(BUSINESS WIRE)–#bitcoin—CITCON, the payment gateway leader in providing in-store, online, and mobile payment solutions for more than 6,000 prestigious brands worldwide, today announce that it has joined forces with Flexa, the leading pure-digital payments […]

OpenLegacy Sees Strong Momentum in Global Banking Sector thumbnail

OpenLegacy Sees Strong Momentum in Global Banking Sector

Instantly transforming monolithic legacy applications into cloud-native building blocks Customers include MUFG Union Bank, Citigroup’s Citibanamex, Banca Popolare di Sondrio, Banorte, Bank Hapoalim, Bank Leumi and Security Bank to name a few, with tens of Fortune 500 banks to soon be announced. PRINCETON, N.J.–(BUSINESS WIRE)–#APIs—OpenLegacy, which instantly transforms monolithic legacy applications into cloud-native building blocks, […]

Bank of America and NACA Expand Mortgage Program to $15 Billion to help Low-to-Moderate-Income Homebuyers in Achieving Affordable Homeownership thumbnail

Bank of America and NACA Expand Mortgage Program to $15 Billion to help Low-to-Moderate-Income Homebuyers in Achieving Affordable Homeownership

Mortgage Program Proven to Significantly Reduce the Wealth Disparity Gap CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America and the Neighborhood Assistance Corporation of America (NACA) today announced the expansion of their national affordable homeownership mortgage program, with a goal of providing $15 billion in mortgages to low-to-moderate income (LMI) homebuyers through May 2027. This partnership continues to […]

The Helper Bees Expands into Medicare Advantage With healthAlign Acquisition thumbnail

The Helper Bees Expands into Medicare Advantage With healthAlign Acquisition

National brands combine to create an aging-in-place solution, offering access to a full spectrum of in-home service providers through a single platform, which provides scalability for future innovation Creating a tech-enabled solution to convene the nation’s home care providers and payers, including long-term care insurance (LTCI), Medicare Advantage (MA), and Medicaid Providing innovative technology and […]

Arab Financial Services and Discover Sign Network Alliance Agreement thumbnail

Arab Financial Services and Discover Sign Network Alliance Agreement

First acceptance of Discover, Diners Club International and network alliance cards in Bahrain MANAMA, Kingdom of Bahrain & RIVERWOODS, Ill.–(BUSINESS WIRE)–Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, and Discover, a digital banking and payments services company, have signed a strategic network alliance agreement […]

Zolve Partners with i2c to Enable Banking and Payments for Global Citizens thumbnail

Zolve Partners with i2c to Enable Banking and Payments for Global Citizens

Fintech supports travelers, students and those migrating to the US from India REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a global leader in digital payments and banking technology, today announced a new partnership with fintech, Zolve which provides immigrants moving to or visiting the United States with the financial services tools they need for their journey. Zolve […]

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts thumbnail

Wells Fargo launches Banking Inclusion Initiative to accelerate unbanked households’ access to affordable transactional accounts

New initiative will help unbanked Black and African Americans, Hispanics, and Native Americans have easier access to low-cost banking NEW YORK–(BUSINESS WIRE)–Wells Fargo today announced the Banking Inclusion Initiative, a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts – a meaningful entry point to fully participating in the economy […]

TrueNorth Supports Hockessin Colored School Mission thumbnail

TrueNorth Supports Hockessin Colored School Mission

Designs New Website for Next Chapter SAN FRANCISCO–(BUSINESS WIRE)–#DEI–TrueNorth, a global fintech software development company, is proud to announce the release of Hockessin Colored School #107’s new website. The historic school that ended segregation, Delaware-based HCS #107, has been transformed into a community Center for Diversity, Inclusion, and Social Equity. Software developers and designers from […]

SRAX Teams Up with Zoom to Launch Sequire Audience thumbnail

SRAX Teams Up with Zoom to Launch Sequire Audience

LOS ANGELES–(BUSINESS WIRE)–#SRAX–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has teamed up with Zoom Video Communications, Inc. (NASDAQ: ZM) to further integrate Zoom with the Sequire Audience feature in the Sequire platform. Sequire is a premier investor intelligence and communications […]

ICE Benchmark Administration Launches GBP SONIA Spread-Adjusted ICE Swap Rate® ‘Beta’ Settings thumbnail

ICE Benchmark Administration Launches GBP SONIA Spread-Adjusted ICE Swap Rate® ‘Beta’ Settings

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (“IBA”) has launched GBP SONIA Spread-Adjusted ICE Swap Rate® ‘Beta’ settings. IBA is publishing daily, indicative GBP SONIA Spread-Adjusted ICE Swap Rate ‘Beta’ settings for an initial testing period. The settings are designed […]

Juniper Research: Point-of-Sale Transaction Values to Exceed $17.3 Trillion Globally by 2026, as Emerging Smart Features Drive Adoption thumbnail

Juniper Research: Point-of-Sale Transaction Values to Exceed $17.3 Trillion Globally by 2026, as Emerging Smart Features Drive Adoption

Rising over $3.7 Trillion in the Next Five Years BASINGSTOKE, England–(BUSINESS WIRE)–#poshardware–A new study by Juniper Research has found the total value of transactions processed by POS terminals will exceed $17.3 trillion in 2026, from $14.8 trillion in 2021; growing 28%. The growth is driven by a continually evolving payment processing landscape in which cash […]

Praxonomy Selected by the FinTech Association of Hong Kong to Digitise Board Meetings and Governance thumbnail

Praxonomy Selected by the FinTech Association of Hong Kong to Digitise Board Meetings and Governance

The Fintech Association of Hong Kong’s implementation of Praxonomy’s board portal solution, Boardfolio, will streamline its board meeting processes and communications. HONG KONG–(BUSINESS WIRE)–#FTAHK–Praxonomy announced today that it has been chosen by the FinTech Association of Hong Kong (FTAHK), an independent, not-for-profit, membership-based organisation that has become the voice and champion of Hong Kong’s local […]

Divibank Raises $3.6M to Help Entrepreneurs in Latin America Grow their Businesses, Announces Plan to Provide Marketing Analytics Software for Clients thumbnail

Divibank Raises $3.6M to Help Entrepreneurs in Latin America Grow their Businesses, Announces Plan to Provide Marketing Analytics Software for Clients

Round led by Better Tomorrow Ventures (BTV) with participation from existing investor MAYA Capital, new investors Village Global, Clocktower Ventures, and others SÃO PAULO–(BUSINESS WIRE)–Divibank, the financing platform where LatAm businesses have access to growth capital via revenue-share financing, announced on May 12, 2021, it closed a $3.6M round of Seed funding led by Better […]

First Patent Being Auctioned as an NFT Solves for Needed Blockchain Capabilities and a Lower Carbon Footprint thumbnail

First Patent Being Auctioned as an NFT Solves for Needed Blockchain Capabilities and a Lower Carbon Footprint

Auctioned patent, currently listed on the OpenSea platform, provides elegant solution for maintaining blockchain’s foundational benefits while expanding applications and improving Blockchain’s ESG NEW CANAAN, Conn. & FORT WORTH, Texas–(BUSINESS WIRE)–True Return Systems LLC and D. Tiller Law PLLC are auctioning U.S. Patent No. 10,025,797 (“the Patent”) on the blockchain in the form of an […]

Noyo Elevates Employee Benefits with Seamless Connectivity thumbnail

Noyo Elevates Employee Benefits with Seamless Connectivity

Noyo’s API infrastructure solution for fast, accurate data exchange expands Unum’s connectivity to additional innovative benefits platforms SAN FRANCISCO–(BUSINESS WIRE)–#API–Noyo, the leading API platform powering the age of connected insurance, will help Unum provide expanded employee benefits for customers through more digital platforms. By integrating Noyo’s API-driven solution for fast, accurate data exchange across the […]

Experian and Temenos Expand Integration to Help Clients Make Real-Time Credit Offers to Consumers thumbnail

Experian and Temenos Expand Integration to Help Clients Make Real-Time Credit Offers to Consumers

Experian’s PowerCurve® decision management suite is now offered through Temenos Infinity Origination to meet the needs of financial institutions of all sizes COSTA MESA, Calif.–(BUSINESS WIRE)–To accelerate the automation decisioning process and provide a seamless way for lenders to extend credit, Experian and Temenos today announced the integration of PowerCurve® decisioning solutions into Temenos Infinity, […]

WEX to Present at Investor Conferences in May

WEX to Present at Investor Conferences in May

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, today announced it will present at the following investor conferences in the month of May: On Thursday, May 20, Chief Financial Officer, Roberto Simon, will present at the Barclays 2021 Emerging Payments and Fintech Forum at approximately 8:00 AM EDT (5:00 AM PDT). A webcast […]

TrustSwap Announces Six Launchpads in 32 Days, Raises $2.4 Million with Sekuritance Token Offering thumbnail

TrustSwap Announces Six Launchpads in 32 Days, Raises $2.4 Million with Sekuritance Token Offering

MONTREAL–(BUSINESS WIRE)–TrustSwap, a full-service digital asset ecosystem focused on smart contracts, has leveraged its Launchpad offering to aid Sekuritance, a compliance and anti-fraud solution for digital assets, in raising their hard cap of $2.4 Million in a token offering which was oversubscribed up to $11.25 Million. Sekuritance is one of six Launchpad projects TrustSwap will […]

Finalytics.ai Announces General Availability of Its New Platform at FinovateSpring Conference thumbnail

Finalytics.ai Announces General Availability of Its New Platform at FinovateSpring Conference

Big data and machine learning address three critical challenges facing community banks and credit unions SAN MATEO, Calif.–(BUSINESS WIRE)–#AI–Finalytics.ai, a technology company focused on applying big data and AI that benefit community financial institutions, launched its first software-as-a-service platform at the FinovateSpring Conference May 10 – 13. The Finalytics.ai platform addresses three of the most […]

Integrated Specialty Coverages (ISC) Launches General Liability Program Geared Toward Gig Economy Contractors thumbnail

Integrated Specialty Coverages (ISC) Launches General Liability Program Geared Toward Gig Economy Contractors

In partnership with Markel Specialty, the program offers unique flexibility for ‘by the job’ contractors and will be offered through ISC’s AI-enabled platform. NEW YORK–(BUSINESS WIRE)–Integrated Specialty Coverages (“ISC”), a leading, multi-line program administrator that builds end-to-end insurance products utilizing artificial intelligence (AI) technology and analytics, today announced the launch of a unique new General […]

Clair Joins Forces with MetaBank and Galileo to Give America’s Workers Instant Access to Their Earnings

Clair Joins Forces with MetaBank and Galileo to Give America’s Workers Instant Access to Their Earnings

Partnership promotes financial inclusivity and wellness with no-fee earned wage advance NEW YORK–(BUSINESS WIRE)–Clair, a social impact embedded fintech startup transforming how America’s 82 million hourly workers and 57 million gig workers get paid, today announced new partnerships with nationally-chartered MetaBank®, N.A., a subsidiary of Meta Financial Group Inc.® (Nasdaq: CASH) and API-based payment processor […]

Modern Treasury and Silicon Valley Bank Team Up to Provide Automated Payment Operations to Innovative Companies thumbnail

Modern Treasury and Silicon Valley Bank Team Up to Provide Automated Payment Operations to Innovative Companies

New integration offers full suite of APIs for streamlined payment workflows, faster onboarding, flexible financial controls and automated reconciliation SANTA CLARA, Calif.–(BUSINESS WIRE)–Modern Treasury, a payments operations software provider, and Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced a referral agreement and new integration for automated […]

MOVO® Forges New Fintech Category and Launches ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments thumbnail

MOVO® Forges New Fintech Category and Launches ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

The all-in-one banking and payments app enables consumers to receive, send and spend, with digital cash securely and instantaneously, anywhere and anytime PALO ALTO, Calif.–(BUSINESS WIRE)–MovoCash, Inc., a California-based Fintech company, announced today the launch of a first-of-its-kind ON-DEMAND Mobile Banking (“ODMB”) app with End-to-End CONTACTLESS Payments in partnership with Mastercard® and Coastal Community Bank. […]

DeepTarget’s 3D StoryTeller Recognized As Best Solution for Improving Operations in Bank Director’s 2021 Best of FinXTech Awards thumbnail

DeepTarget’s 3D StoryTeller Recognized As Best Solution for Improving Operations in Bank Director’s 2021 Best of FinXTech Awards

MADISON, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for financial institutions, today announced its 3D StoryTeller™ was selected as the Best Solution for Improving Operations in this year’s Best of FinXTech Awards, powered by Bank Director. Through the Best of FinXTech Awards, […]

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