Business Wire

Entertainment / Afin Technologies Partners with PayWith to Create Innovative Payment and Reward Solutions thumbnail

Entertainment / Afin Technologies Partners with PayWith to Create Innovative Payment and Reward Solutions

TROY, Mich.–(BUSINESS WIRE)–Entertainment®, the North American leader in discounts and promotions, has partnered with PayWith, a Vancouver-based fintech firm with a dynamic mobile payments processing platform. The launch of multiple products joins the innovative payment solutions from PayWith and North America’s highest value rewards network from Entertainment, delivering mobile enabled payment and reward programs as […]

Engine No. 1 Launches to Bring Active Ownership and Impact-Driven Strategy to Investing thumbnail

Engine No. 1 Launches to Bring Active Ownership and Impact-Driven Strategy to Investing

Founding Team Brings Decades of Industry Experience and Shared Vision that Capitalism Can Be Harnessed for Positive Change Investment Philosophy Incorporates Jobs, Workers, Communities, and the Environment into Company’s Total Value SAN FRANCISCO–(BUSINESS WIRE)–Engine No. 1, an investment firm purpose-built to create long-term value by driving positive impact through active ownership, today announced the launch […]

i-exceed sees Increased Adoption of Digital Onboarding in Corporate Banking thumbnail

i-exceed sees Increased Adoption of Digital Onboarding in Corporate Banking

NEW YORK–(BUSINESS WIRE)–#AmitGarg–We live in one of those times, where the old saying about decades where nothing happens and weeks where decades happen can’t be any truer. The banking landscape has undergone dramatic changes over the last few months with a focus on customer experience in a digital-only world. i-exceed’s Appzillon Digital Banking platform enables […]

EquiLend Enlists Vested to Support Global Communications thumbnail

EquiLend Enlists Vested to Support Global Communications

NEW YORK–(BUSINESS WIRE)–EquiLend, a provider of trading, post-trade, market data, clearing and regulatory services for the securities finance industry, has chosen Vested, a leading integrated financial services communications firm, to support its communications efforts. Vested was selected following a competitive and extensive search by EquiLend, which is creating a more efficient, automated and innovative global […]

LendUp Global Introduces Ahead Financials, a Digital Banking and Financial Health Platform for the Emerging Middle Class thumbnail

LendUp Global Introduces Ahead Financials, a Digital Banking and Financial Health Platform for the Emerging Middle Class

Fintech aims to make finance more inclusive with affordable lending and banking; 67% of Americans struggle with basic tenets of financial health OAKLAND, Calif.–(BUSINESS WIRE)–#AheadFinancials–LendUp Global (LendUp), one of the world’s most innovative companies in consumer finance, today announced the creation of a new subsidiary company, Ahead Financials, LLC (Ahead). Ahead, a digital banking and […]

MerchantE Releases 2020 Digital Business Report thumbnail

MerchantE Releases 2020 Digital Business Report

Businesses Still Growing, but Electronic Payments Adoption Remains Slow ATLANTA–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, released findings today from its 2020 Digital Business Report. The online survey of 500 business decision makers was conducted in July and August of 2020, and paints a clear picture of organizations largely growing during the COVID-strained economy, […]

Mogo Reports 135% Increase in Bitcoin Transaction Volume in November thumbnail

Mogo Reports 135% Increase in Bitcoin Transaction Volume in November

Increased awareness and credibility of bitcoin drives strong growth in total transaction volume and new bitcoin accounts All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions through its mobile app, today reported a 135% month-over-month […]

Vervent Acquires Total Card thumbnail

Vervent Acquires Total Card

Enters Credit Card Market to Offer Card Servicing and Origination SAN DIEGO–(BUSINESS WIRE)–#LendingasaService–Vervent announced the acquisition of Total Card Solutions today in the next step towards further growth of the dynamic fintech company. Total Card has been a significant player in the credit card industry for over 20 years with a stellar reputation for service, […]

Cobase and Ebury partner on FX services

Cobase and Ebury partner on FX services

Cobase users will now also have access to a wide set of Ebury’s FX services Ebury’s FX services are now integrated in Cobase’s multibank platform and FX Exposure Management module Reflects a growing trend for European fintech to combine their offers LONDON–(BUSINESS WIRE)–Leading European fintechs Cobase and Ebury today announce a partnership which opens up […]

EML Is Excited To Sponsor The Betting On Sports America Digital 2020 Event On December 1st & 2nd thumbnail

EML Is Excited To Sponsor The Betting On Sports America Digital 2020 Event On December 1st & 2nd

Gaming disbursement favorite EML, powering real-time access to winnings for almost 13,000 new users per month, has announced a disruptive winnings withdrawal option with Interchecks. KANSAS CITY, Mo.–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) is a proud sponsor of Betting on Sports America Digital 2020, North America’s biggest dedicated sports betting event of the year. […]

Diamond Standard Commodity and Token to List on INX thumbnail

Diamond Standard Commodity and Token to List on INX

Investors to trade the Diamond Standard Commodities as a blockchain token on the INX trading platform NEW YORK–(BUSINESS WIRE)–#blockchain—INX Limited, the blockchain-based platform for trading digital securities and cryptocurrencies, announces today that it has signed a letter of intent with Diamond Standard to list the world’s first diamond commodity—the Diamond Standard Coin. The Coin is […]

First Service Credit Union Goes Live with Array of Access Softek Digital Banking Products to Improve Digital Experience thumbnail

First Service Credit Union Goes Live with Array of Access Softek Digital Banking Products to Improve Digital Experience

BERKELEY, Calif.–(BUSINESS WIRE)–In keeping with its mission of providing financial services that enhance members’ lives, Houston-based First Service Credit Union ($793 million in assets) selected and implemented omnichannel digital banking platform provider Access Softek’s suite of digital banking solutions. The solution suite aims to bring the next generation digital banking services to the credit union’s […]

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime thumbnail

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime

PADUCAH, Ky.–(BUSINESS WIRE)–To empower its customers in the fight against financial crime, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Featurespace™, a leading provider of Enterprise Financial Crime prevention software, to launch a holistic anti-money laundering (AML) solution: WatchDOG® AML. WatchDOG AML protects against financial crime […]

Mastercard, TSYS and Extend Launch Mobile Virtual Card Solution for Commercial Clients thumbnail

Mastercard, TSYS and Extend Launch Mobile Virtual Card Solution for Commercial Clients

New solution enables commercial virtual cards to be seamlessly loaded into mobile wallets PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard and its partners, TSYS, a Global Payments company, and Extend, today introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. The new mobile […]

Infostretch Recognized as a Leader in Healthcare and BFSI Engineering R&D by Zinnov thumbnail

Infostretch Recognized as a Leader in Healthcare and BFSI Engineering R&D by Zinnov

2020 Zinnov report into ER&D positions Infostretch as leader in four zones SANTA CLARA, Calif.–(BUSINESS WIRE)–Infostretch has been recognized as a leader in digital engineering services by the consulting, research and advisory firm, Zinnov, in its annual Zinnov Zones research report into the state of global enterprise engineering research and development (ER&D) services. Zinnov Zones […]

Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by Alibaba & Other Marketplaces: Kaleido Intelligence thumbnail

Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by Alibaba & Other Marketplaces: Kaleido Intelligence

AliExpress, Amazon, Wish, eBay, Shopee, Etsy, Lazada & Mercado Livre Drives Global Reach for Millions of Merchants LONDON–(BUSINESS WIRE)–New data from fintech research specialists Kaleido Intelligence has found that $1,120 billion will be spent by global online shoppers on international shopping websites and digital services in 2022. This will represent around 20% of total global […]

Juniper Research: Mobile Money Users in Emerging Markets to Exceed 1.2 Billion Globally by 2025, as P2P and Merchant Payments Surge thumbnail

Juniper Research: Mobile Money Users in Emerging Markets to Exceed 1.2 Billion Globally by 2025, as P2P and Merchant Payments Surge

BASINGSTOKE, England–(BUSINESS WIRE)–#mobilefinancialservicesdata–A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30% of all mobile phone users across emerging markets. The report predicts that domestic P2P and payments to […]

FDA Defers Approval of DaxibotulinumtoxinA for Injection in Glabellar Lines Due to COVID-19 Related Travel Restrictions Impacting Manufacturing Site Inspection

FDA Defers Approval of DaxibotulinumtoxinA for Injection in Glabellar Lines Due to COVID-19 Related Travel Restrictions Impacting Manufacturing Site Inspection

NEWARK, Calif.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced that the United States (U.S.) Food and Drug Administration (FDA) has deferred a decision on the Biologics License Application (BLA) for DaxibotulinumtoxinA for Injection, an investigational neuromodulator product for the treatment of moderate to severe glabellar […]

AM BestTV Presents ‘The Entrepreneurial Agent/Broker’ thumbnail

AM BestTV Presents ‘The Entrepreneurial Agent/Broker’

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best’s cross-media project, “The Entrepreneurial Agent/Broker,” is now available to view on AM BestTV. The December issue of Best’s Review will take an in-depth look at the four-part series in which top industry leaders discuss how tomorrow’s insurance coverages, business models and risk strategies get their start, often in the field crafted […]

After Being Granted 2 Additional Money Transmitter Licenses, Gold Payment App CORO Can Now Operate in 19 U.S. States and District of Columbia

After Being Granted 2 Additional Money Transmitter Licenses, Gold Payment App CORO Can Now Operate in 19 U.S. States and District of Columbia

MIAMI–(BUSINESS WIRE)–Coro Global Inc.’s (OTCQB: CGLO) gold payment app CORO can now operate in 19 U.S. states and District of Columbia, after the subsidiary Coro Corp. was granted Money Transmitter licenses in New Hampshire and Oklahoma, as it aims to democratize access to gold in the United States and beyond. CORO is a mobile payment […]

Innovative FinTech Startup Powers Mobile Engagement for Emerging Markets with 8x8 thumbnail

Innovative FinTech Startup Powers Mobile Engagement for Emerging Markets with 8×8

OKO Leverages 8×8 Chat Apps API to Support Farming Communities Across Africa LONDON–(BUSINESS WIRE)–#APIs—8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that OKO, a provider of index insurance and other farming-related services to smallholder farmers in emerging countries, has selected 8×8 to transform communications with farmers across Africa, dramatically improving […]

Bitcoin Latinum Launches To be World’s Largest Insured Cryptocurrency with Backing From Titans of Industry thumbnail

Bitcoin Latinum Launches To be World’s Largest Insured Cryptocurrency with Backing From Titans of Industry

PALO ALTO, Calif.–(BUSINESS WIRE)–#banking–Bitcoin Latinum, the next-generation Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing its official pre-sale launch. Bitcoin Latinum will trade under the symbol LTNM with a total supply of 888,888,888 LTNM [verifiable by LTNM]. Bitcoin Latinum is now available for pre-sale on bitcoinlatinum.com and […]

1-In-3 Consumers Plan to Spend Less This Upcoming Holiday Season thumbnail

1-In-3 Consumers Plan to Spend Less This Upcoming Holiday Season

COVID-19 pushes consumers more toward online shopping and contactless payments RIVERWOODS, Ill.–(BUSINESS WIRE)–The COVID-19 pandemic has affected the lives of millions, and its impact will trickle into how much, and where, consumers plan to spend this holiday season, according to Discover’s annual Holiday Shopping survey. The number of consumers who plan to curb spending almost […]

Pacific Premier Bank and Los Angeles Chargers Renew Partnership, Launch Bolts Community Crew thumbnail

Pacific Premier Bank and Los Angeles Chargers Renew Partnership, Launch Bolts Community Crew

IRVINE, Calif.–(BUSINESS WIRE)–$PPBI #PPBI–Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the holding company of Pacific Premier Bank (the “Bank”), announced today a multi-year partnership renewal with the National Football League’s Los Angeles Chargers. As part of the extended partnership, the organizations will continue their joint efforts in promoting social change and giving back to their local […]

XacBank Mongolia Selects Infosys Finacle to Power Its Digital Transformation thumbnail

XacBank Mongolia Selects Infosys Finacle to Power Its Digital Transformation

BENGALURU, India & ULAANBAATAR, Mongolia–(BUSINESS WIRE)–#EdgeVerve—XacBank, a leading universal bank in Mongolia, and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), today announced the selection of Finacle’s core banking, treasury, and corporate banking solution suites to power XacBank’s digital transformation. The Finacle solution suite will enable the bank to drive […]

Entersekt and Cellulant Partner to Deliver Safer Mobile Banking Solutions thumbnail

Entersekt and Cellulant Partner to Deliver Safer Mobile Banking Solutions

Pan-African fintech giant already working on deployments with institutional customers CAPE TOWN, South Africa–(BUSINESS WIRE)–#fintech–Entersekt, a leader in device identity and omnichannel authentication, has announced a partnership with Cellulant, Africa’s leading financial technology company. The partnership will further enhance Cellulant’s cybersecurity by proactively securing its digital banking channels and guarding against digital banking and payment […]

Merchant Opportunities Fund Closes $27.5 Million BMO Credit Facility

Merchant Opportunities Fund Closes $27.5 Million BMO Credit Facility

VANCOUVER, British Columbia–(BUSINESS WIRE)–The Merchant Opportunities Fund, a Vancouver-based diversified credit opportunities fund focused on prudently compounding capital over the long-term, today announced that it has closed a revolving debt facility with the Bank of Montreal (“BMO”). The facility consists of a $15 million funding commitment with a two-year term along with a $12.5 million […]

Expensify Surpasses $100 Million in Annual Recurring Revenue thumbnail

Expensify Surpasses $100 Million in Annual Recurring Revenue

Expensify, the financial app with more than 10 million users worldwide, reveals record growth heading into 2021 SAN FRANCISCO–(BUSINESS WIRE)–#ARR—Expensify, the most widely used expense software in the world, announced today it will surpass $100 million in annual recurring revenue in 2020. The company, which has maintained profitability for years and only raised $20.2 million […]

Unitus Community Credit Union Selects Payrailz to Deliver on Digital Payment Vision, Invests in Payrailz CUSO CU Railz® thumbnail

Unitus Community Credit Union Selects Payrailz to Deliver on Digital Payment Vision, Invests in Payrailz CUSO CU Railz®

GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced that Unitus Community Credit Union is a new investor in CU Railz and will initially implement Payrailz’ smart payments platform for P2P payments in order to offer a more engaging digital payment […]

Dot Investing Launches Digital Platform Allowing Individuals to Access Investment Opportunities Usually Reserved for Institutions thumbnail

Dot Investing Launches Digital Platform Allowing Individuals to Access Investment Opportunities Usually Reserved for Institutions

LONDON–(BUSINESS WIRE)–#alternativeassets—Dot Investing, a fintech startup, has launched an online investment platform that allows individual investors to invest in top private and alternative asset funds, including private equity, VC and hedge funds. Users are able to invest from £100,000 into opportunities that historically had far greater minimum investment requirements. The team behind the FCA-regulated startup […]

Paiblock Inc. Chosen as a 2020 Red Herring Top 100 North America Winner thumbnail

Paiblock Inc. Chosen as a 2020 Red Herring Top 100 North America Winner

NEW YORK–(BUSINESS WIRE)–#AI–Paiblock Inc., a Leading FinTech Company announced today that the company was selected by Red Herring as a winner of its Top 100 North America 2020 Awards, recognizing the continent’s most exciting and innovative private technology companies. The winners have been chosen from thousands of entrants, whittled down to hundreds presenting their companies […]

RIDDLE&CODE and Coinfirm Join Forces to Ensure Regulatory Compliance with New AML Services thumbnail

RIDDLE&CODE and Coinfirm Join Forces to Ensure Regulatory Compliance with New AML Services

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE, the leading European blockchain interface company has engaged RegTech provider Coinfirm to leverage the most comprehensive AML compliance solution for digital asset management. RIDDLE&CODE builds and maintains the digital asset infrastructure for banks, cryptocurrency exchanges and funds. Coinfirm will strengthen RIDDLE&CODE’s compliance with AML checks – utilizing the RegTech’s expansive coverage of blockchain […]

ACI Worldwide to Accelerate Fraud Prevention via the Public Cloud thumbnail

ACI Worldwide to Accelerate Fraud Prevention via the Public Cloud

ACI’s award-winning fraud management solution is now available as a fully certified private offering via Microsoft Azure’s Marketplace NAPLES, Fla.–(BUSINESS WIRE)–#ACI–ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment and software solutions, today announced that its ACI Fraud Management solution is now available as a fully certified private offering via the Microsoft […]

Western Union Advances Its Digital Growth Strategy With Investment in stc pay thumbnail

Western Union Advances Its Digital Growth Strategy With Investment in stc pay

DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company. According to the terms […]

BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that the Board of each of BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) and BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) (each, a “Fund” and together, the “Funds”) approved the adoption of a Plan of Termination. Under each Fund’s Plan of Termination, which is effective […]

Temenos Recognized as a Market Leader in Omdia’s Digital Banking Platform Report thumbnail

Temenos Recognized as a Market Leader in Omdia’s Digital Banking Platform Report

Omdia gives Temenos Infinity top scores for product experience and solution innovation SaaS-based Temenos Infinity named market-leading digital platform based on its combination of market impact, solution capabilities, and customer experience Based on the report, Temenos is one of the vendors with the strongest market presence – Temenos Infinity is now used by over 650 […]

Ignite Sales Partners With Digital Credence to Help Credit Unions Pivot to Digital Engagement for Member Growth and Increased Member Satisfaction thumbnail

Ignite Sales Partners With Digital Credence to Help Credit Unions Pivot to Digital Engagement for Member Growth and Increased Member Satisfaction

DALLAS–(BUSINESS WIRE)–#creditunion—Ignite Sales, Inc., the financial industry leader in customer and member engagement technology, announced today its partnership with Digital Credence, a leader in the financial services marketplace, providing consulting and best practices for implementing effective digital strategies for financial institutions. Partnering with Digital Credence will allow Ignite to build upon the focus to provide […]

Cardless and Cleveland Cavaliers Team Up to Launch First of Its Kind Co-Branded Credit Card thumbnail

Cardless and Cleveland Cavaliers Team Up to Launch First of Its Kind Co-Branded Credit Card

The Cleveland Cavaliers Credit Card by Cardless provides fans with rewards for every purchase including unique fan experiences, exclusive merchandise and ticket offers CLEVELAND & SAN FRANCISCO–(BUSINESS WIRE)–Cardless Inc (“Cardless”), a consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card products, and the Cleveland Cavaliers today announced a […]

QED Investors Expands into India Market with New Hire to Lead Southeast Asian Investments

QED Investors Expands into India Market with New Hire to Lead Southeast Asian Investments

QED also bolsters team with two additions focused on U.S. investments & Belay ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading boutique venture capital firm focused on investing in early-stage, disruptive financial services companies, announced that it has entered the Indian and Southeast Asian market, hiring Sandeep Patil to lead its investments within the region. With the […]

Cambridge Global Payments Launches Its Latest Open API Platform thumbnail

Cambridge Global Payments Launches Its Latest Open API Platform

Updated platform will enhance the developer experience and increase usability of objects TORONTO–(BUSINESS WIRE)–Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce it is launching an enhanced version of the Application Programming Interface (API) platform that will open it […]

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