Business Wire

Acima Unveils Industry’s First Lease-to-Own Anywhere Virtual Payments Card thumbnail

Acima Unveils Industry’s First Lease-to-Own Anywhere Virtual Payments Card

LTO card powered by the Mastercard network enables consumers with or without credit to lease eligible goods at participating Acima merchants Acima’s decision engine and mobile capabilities, paired with Mastercard’s technology infrastructure and wide merchant acceptance, will create an unmatched LTO transaction experience benefiting consumers and retailers PLANO, Texas–(BUSINESS WIRE)–Acima, a $1.3 billion virtual lease-to-own […]

OriginClear Launches Water On Demand™, A FinTech to Accelerate Water Treatment By Private Businesses thumbnail

OriginClear Launches Water On Demand™, A FinTech to Accelerate Water Treatment By Private Businesses

Analysis shows that half of all prospective Modular Water Systems™ customers would subscribe to water treatment as a service. CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), The Water Company for the New Economy™, today announced that it has created a wholly-owned subsidiary called Water On Demand #1, Inc., to offer private businesses the ability […]

New Hires to Boost RegTech Provider Napier’s Global Growth Activity thumbnail

New Hires to Boost RegTech Provider Napier’s Global Growth Activity

LONDON–(BUSINESS WIRE)–Fast growing RegTech company, Napier, which provides next-generation anti-money laundering (AML) solutions, has bolstered its senior management team with the appointments of new Global Human Resources Director, Lila Boyce, and EMEA Head of Sales, Roy Williamson. Napier, which works with financial organizations around the globe to provide an AI-enhanced platform for intelligent AML and […]

Africa’s Best Corporate-Startup Collaboration Accelerator, Startupbootcamp AfriTech, Now Open for Applications from the Most Disruptive Startups thumbnail

Africa’s Best Corporate-Startup Collaboration Accelerator, Startupbootcamp AfriTech, Now Open for Applications from the Most Disruptive Startups

Final call for innovative corporates to join as founding partners. DUBAI, United Arab Emirates–(BUSINESS WIRE)–Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, but also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of […]

FRISS Acquires Terrene Labs to Expand Underwriting Efficiency thumbnail

FRISS Acquires Terrene Labs to Expand Underwriting Efficiency

CHICAGO–(BUSINESS WIRE)–#honestinsurance—FRISS, the market leader in AI-powered fraud, risk and compliance solutions for P&C insurance carriers, today announced the acquisition of Terrene Labs. Industry leaders in providing Commercial Insurance providers with comprehensive Risk Insights, Terrene will be a fundamental addition to the FRISS product family. Commercial lines underwriters now have access to thousands of actionable […]

Analytics Insight Announces ‘The 10 Most Influential Women in Technology’ in April 2021 thumbnail

Analytics Insight Announces ‘The 10 Most Influential Women in Technology’ in April 2021

SAN JOSE, Calif. & HYDERABAD, India–(BUSINESS WIRE)–#Exceptionalleaders–Analytics Insight has named ‘The 10 Most Influential Women in Technology’ in its April 2021 magazine issue. The issue is the ninth volume focusing on women leaders who have made a breakthrough in the tech world. The magazine issue recognizes ten trailblazing women who changed the routine by making […]

The Release of Nest Egg 2.0 Revolutionizes Investment Services for Banks and Credit Unions thumbnail

The Release of Nest Egg 2.0 Revolutionizes Investment Services for Banks and Credit Unions

Nest Egg Partners with Apex Clearing to Transform Digital Engagement CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–Nest Egg today released the next generation of its tech-forward investment platform. By partnering with Apex Clearing, the fintech for fintechs powering innovation and the future of digital wealth management, Nest Egg has leveraged next-gen technology, allowing clients to open accounts and initiate […]

ZSuite Technologies Joins Forces with Five Forward-Thinking Community Banks to Develop ZEscrow thumbnail

ZSuite Technologies Joins Forces with Five Forward-Thinking Community Banks to Develop ZEscrow

Company collaborates with financial institutions to create the only completely digital commercial escrow and subaccounting system BURLINGTON, Mass.–(BUSINESS WIRE)–ZSuite Technologies, a financial technology company offering digital tools that help businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with five community banks to develop ZEscrow, a completely digital commercial escrow […]

Seeds Partners With AllianceBernstein to Expand Values-Aligned Portfolio Offering thumbnail

Seeds Partners With AllianceBernstein to Expand Values-Aligned Portfolio Offering

Partnership will enable Seeds to offer additional asset class exposures for delivering holistic, values-aligned portfolios to investor clients NEW YORK–(BUSINESS WIRE)–Seeds, a financial technology firm that empowers financial advisors to offer their clients a more intentional and personalized investing experience, has partnered with AllianceBernstein (AB) to further its efforts toward offering multi-asset-class, values-aligned portfolios to […]

Be Mobile Offers a Way to Earn 5% on Your Savings thumbnail

Be Mobile Offers a Way to Earn 5% on Your Savings

WATERLOO, Ontario–(BUSINESS WIRE)–Be Mobile, the challenger bank focused on the African market, is excited to announce the launch of their new 5% per annum savings offering on both USD and EUR currencies! This offer is open to individuals and corporate organizations, including savings groups and credit unions. Be Mobile has built one of Africa’s largest […]

Toast Launches Enhanced Contactless Suite to Help Increase Restaurant Revenue and Support Restaurateurs in Reimagining Hospitality thumbnail

Toast Launches Enhanced Contactless Suite to Help Increase Restaurant Revenue and Support Restaurateurs in Reimagining Hospitality

New innovations enable a frictionless guest experience to help restaurateurs increase sales, lower labor costs, and keep guests coming back BOSTON–(BUSINESS WIRE)–#CloudTech—Toast, the fastest-growing restaurant management platform, today launched an enhanced suite of contactless and guest-facing solutions to help restaurateurs reimagine operations and reduce overhead as they rebound from the COVID-19 pandemic. Today, Toast debuted […]

TransUnion Joins Provenir Marketplace to Help Businesses Accelerate Credit Risk Decisions thumbnail

TransUnion Joins Provenir Marketplace to Help Businesses Accelerate Credit Risk Decisions

Industry-Leading One-Stop Data Hub Provides Access to Hundreds of Data Sources PARSIPPANY, N.J.–(BUSINESS WIRE)–#banking–Provenir, a global leader in risk decisioning and data analytics software, today announced that TransUnion (NYSE: TRU) has joined the Provenir Marketplace. The Provenir Marketplace platform provides organizations with a one-stop data hub for easy access to data covering open banking, KYC/KYB, […]

BlueShore Financial Expands Relationship with Temenos to Further its Digital Transformation thumbnail

BlueShore Financial Expands Relationship with Temenos to Further its Digital Transformation

With Temenos’ end-to-end digital platform, BlueShore will provide personalized and differentiated services to help clients achieve their financial goals BlueShore will deliver a ‘HighTech-HighTouch’ digital experience to clients with Temenos’ Explainable AI platform and digital banking With Temenos, BlueShore will modernize its payments infrastructure to leverage new Canadian real-time and data rich ISO20022 payments GENEVA, […]

Mountain America Credit Union Selects Access Softek Robo-Advisor, EasyVestTM thumbnail

Mountain America Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

Robo-Advisor Now Available to Over 2 Million Combined End-Users BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking provider, announced that Mountain America Credit Union (MACU), $12 billion in assets, has selected EasyVest, Access Softek’s integrated robo-advisor solution, to provide automated investing solutions to members. EasyVest provides an automated investing service that is seamlessly integrated […]

Osterman Research: Almost One-third of US Companies Under-Resourcing Cloud Security Despite Escalating Risks thumbnail

Osterman Research: Almost One-third of US Companies Under-Resourcing Cloud Security Despite Escalating Risks

New survey “The State of Enterprise Cloud Security: The Good, The Bad, And The Ugly” exposes massive holes in public cloud security strategies due to complexity and budgetary constraints NEW YORK–(BUSINESS WIRE)–Sonrai Security, the leader in identity and data security for public cloud, today announced availability of “The State of Enterprise Cloud Security: The Good, […]

ICE Benchmark Administration Launches ICE SONIA Indexes to Assist UK Lending Markets Transition to SONIA thumbnail

ICE Benchmark Administration Launches ICE SONIA Indexes to Assist UK Lending Markets Transition to SONIA

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 ICE SONIA Indexes for use by licensees, following a successful testing period. ICE SONIA Indexes have been developed to support the needs of the UK lending market as it transitions […]

Wells Fargo Invests in Five Additional Black-Owned Banks thumbnail

Wells Fargo Invests in Five Additional Black-Owned Banks

Wells Fargo has invested in 11 Minority Depository Institutions in 2021 as part of a $50 million pledge and a commitment to foster economic growth in Black and African American communities SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced equity investments in five African American Minority Depository Institutions, or MDIs, as part of […]

HighRadius Reports Continued Momentum in Accounts Receivables and Treasury Management Software thumbnail

HighRadius Reports Continued Momentum in Accounts Receivables and Treasury Management Software

Registered 47% YoY growth in Annual Recurring Revenue Exceeded 600 customers, including over 200 from Forbes Global 2000 HighRadius AI-powered platform surpassed $2.23 trillion in annual receivables processed Grew to over 2500 HighRadians across six office locations across the US, EMEA, and Asia HOUSTON–(BUSINESS WIRE)–#AccountsReceivable—HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, today […]

Seaport Global Launches Platform for Top Ranked Equity Research Analysts thumbnail

Seaport Global Launches Platform for Top Ranked Equity Research Analysts

16 Premier Analysts Joined Platform, Further Expansion Planned for 2021 NEW YORK–(BUSINESS WIRE)–Seaport Global Securities LLC (“Seaport Global”), a full-service investment bank entering its 20th year, announces the successful launch of Seaport Research Partners (“SRP”), a rapidly expanding, innovative research platform. SRP empowers self-driven analysts by reshaping economics and delivering a fully integrated solution to […]

Leading Dutch crypto exchange LiteBit partners with RIDDLE&CODE to pave the way towards regulatory compliance and launch the next generation of crypto services thumbnail

Leading Dutch crypto exchange LiteBit partners with RIDDLE&CODE to pave the way towards regulatory compliance and launch the next generation of crypto services

  VIENNA & ROTTERDAM, Netherlands–(BUSINESS WIRE)–RIDDLE&CODE FinTech Solutions, an innovative European company that empowers financial institutions to handle all aspects of digital asset management, announced today that LiteBit, the leading Dutch cryptocurrency exchange, has chosen its Token Management Platform (TMP) to scale infrastructure, respond to regulatory requirements and provide advanced capabilities to its growing customer […]

Capgemini and Efma Launch Global Financial NewTech Challenge 2021 thumbnail

Capgemini and Efma Launch Global Financial NewTech Challenge 2021

Global competition seeks to identify the most innovative solutions and collaborations in the banking and insurance industries PARIS–(BUSINESS WIRE)–Capgemini and Efma have launched the global Financial NewTech Challenge 2021 today, which offers NewTechs and financial institutions an opportunity to showcase their collaborative business solutions to an elite panel of experts and industry influencers. This is […]

Temasek and BlackRock Launch Decarbonization Investment Partnership thumbnail

Temasek and BlackRock Launch Decarbonization Investment Partnership

Decarbonization Partners will invest in next-generation private companies that provide solutions and technologies which accelerate global efforts to achieve a net zero global economy by 2050 SINGAPORE & NEW YORK–(BUSINESS WIRE)–Temasek and BlackRock, Inc. (NYSE:BLK) today announced that they have agreed to establish a partnership called Decarbonization Partners. The partnership will launch a series of […]

Charles River Development Wins 2021 FinTech Breakthrough Award thumbnail

Charles River Development Wins 2021 FinTech Breakthrough Award

Prestigious Awards Program Recognizes Outstanding Financial Technology Products and Companies BURLINGTON, Mass.–(BUSINESS WIRE)–Charles River Development, a State Street Company (NYSE:STT), today announced that its Charles River Investment Management Solution (Charles River IMS) has been selected as winner of the “Best Trading Platform” award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, […]

Citi’s Digital Channels Process One Billion API Calls From Corporate Clients

Citi’s Digital Channels Process One Billion API Calls From Corporate Clients

Citi’s Digital Channels Reach Another Significant Milestone in API Adoption NEW YORK–(BUSINESS WIRE)–CitiConnect® API, Citi’s Application Programming Interface (API) connectivity platform, has reached a new milestone of processing more than one billion API calls since its launch in late 2017. This rapid rise in API volume is fueled by the many changes our clients are […]

Citi, Bank of America to Lead Development of Independent Data and Execution Platform thumbnail

Citi, Bank of America to Lead Development of Independent Data and Execution Platform

NEW YORK–(BUSINESS WIRE)–Citi and Bank of America are working together to build a new industry-led independent data and execution platform for fixed income markets. The venture plans to develop a next generation trading, data and analytics platform for structured credit and underlying collateral markets. The contemplated multi-dealer platform will focus initially on CLOs and syndicated […]

American Cycle Finance Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Grow Second-Chance Motorcycle Loans Business thumbnail

American Cycle Finance Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Grow Second-Chance Motorcycle Loans Business

NEW YORK–(BUSINESS WIRE)–Scienaptic, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at American Cycle Finance (ACF). This implementation will enable ACF to use AI for making sharper credit decisions and assist automobile dealers in selling more vehicles to clients with limited or no credit history. ACF is partnered with […]

TurnKey Lender and Globe Telecom Partnership to Fulfill Thousands of Loan Requests Per Day to Serve More Filipino Customers in Need thumbnail

TurnKey Lender and Globe Telecom Partnership to Fulfill Thousands of Loan Requests Per Day to Serve More Filipino Customers in Need

SINGAPORE–(BUSINESS WIRE)–TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and […]

Juniper Research: Facial Recognition for Payments Authentication to Be Used by Over 1.4 Billion People Globally by 2025 thumbnail

Juniper Research: Facial Recognition for Payments Authentication to Be Used by Over 1.4 Billion People Globally by 2025

Growth Driven by Software-based Capabilities & FaceID BASINGSTOKE, England–(BUSINESS WIRE)–#fingerprintsensors–A new study from Juniper Research has found the number of users of software-based facial recognition to secure payments will exceed 1.4 billion globally by 2025, from just 671 million in 2020. This rapid growth of 120% demonstrates how widespread facial recognition has become; fuelled by […]

Deep Knowledge Analytics Founder to Release New Book in Q3 2021: ‘Longevity Politics - Longevity as the New Political Priority of the 21st Century’ thumbnail

Deep Knowledge Analytics Founder to Release New Book in Q3 2021: ‘Longevity Politics – Longevity as the New Political Priority of the 21st Century’

Dmitry Kaminskiy’s Upcoming Book ‘Longevity Politics’ Charts the Rise of Longevity Technocracy, Modern Approaches to Policy, Governance & National Industrial Strategies, & How Longevity Will Become Central to Nations’ Political Agendas, with the Electorate Demanding Longevity as a Fundamental Citizen Right by 2030 LONDON–(BUSINESS WIRE)–Deep Knowledge Analytics Founder Dmitry Kaminskiy’s new book ‘Longevity Politics: Longevity […]

Transact Confirms Current Encryption Features Comply With New Nacha Rule on Supplementing Data Security Requirements thumbnail

Transact Confirms Current Encryption Features Comply With New Nacha Rule on Supplementing Data Security Requirements

Company, Clients Ready in Advance of June 30, 2021 Effective Date PHOENIX–(BUSINESS WIRE)–#datasecurity—Transact, the leader in innovative payment solutions for a connected campus, today confirmed its current encryption features comply with a new National Automated Clearing House Association (Nacha) Rule on Supplementing Data Security Requirements. The Rule requires bank account numbers used in the initiation […]

NYMBUS Partners With Segmint to Innovate Payments Data thumbnail

NYMBUS Partners With Segmint to Innovate Payments Data

Foundational Partnership Empowers Financial Institutions With Actionable Insights for Driving Innovation and Growth MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced a new partnership with data and analytics company Segmint® to enrich Nymbus’ customer-based transaction data across its entire suite of banking products and services. The content of merchant payment transactions is […]

Kyriba Successfully Completes ISO 27001 Surveillance Review Audits thumbnail

Kyriba Successfully Completes ISO 27001 Surveillance Review Audits

SAN DIEGO–(BUSINESS WIRE)–Kyriba (“the Company”), a global leader of cloud finance and IT solutions, today announced that the Company recently completed its ISO 27001 surveillance review audit with no nonconformities noted. The surveillance review displays Kyriba’s commitment to maintaining the ISO/IEC 27001:2013 (ISO 27001) certification and ISMS for its global customers. The ISO 27001 standard […]

Mogo’s Payments Platform Announces Partnership with LendingClub Bank

Mogo’s Payments Platform Announces Partnership with LendingClub Bank

Partnership expands Carta Worldwide’s Fintech Debit Card Issuance Service in U.S. Market VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that its wholly owned payments platform, Carta Worldwide (“Carta”), a modern card issuing platform, is extending their US market deployment with an expanded […]

TrueLayer Raises $70m to Build the World’s Most Valuable Open Banking Network thumbnail

TrueLayer Raises $70m to Build the World’s Most Valuable Open Banking Network

Series D round led by new investor, Addition, with participation by existing investors including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek. Brings total raised to date to $142m. Additional investors include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi), Daniel Graf (ex-Uber, Google, Twitter) and David Avgi (ex-CEO SafeCharge, CEO UniPaaS). […]

SteelEye Raises Additional Capital as It Eyes Expansion Into North America thumbnail

SteelEye Raises Additional Capital as It Eyes Expansion Into North America

Expansion will support U.S. firms facing increased regulatory pressures and meet heightened demand for cloud-based compliance and regulatory oversight technology. COVID-19 crisis has been a major driver behind the move, with the pandemic inundating compliance teams with investigations and creating an urgent need to explore new monitoring measures for regulated employees while working from home. […]

Socure to Provide DraftKings With Additional Compliance Tools thumbnail

Socure to Provide DraftKings With Additional Compliance Tools

Socure’s Intelligent KYC will enhance DraftKings’ customer verification process for its Daily Fantasy Sports, Sportsbook, and iGaming Products NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leader in 100% digital identity trust, today announced that it signed a multi-year agreement with DraftKings Inc. (Nasdaq: DKNG), a leader in the digital sports entertainment and gaming industry. Using Socure’s Socure ID+ […]

eMoney Advisor Celebrates Financial Literacy Month with Resources Aimed at Education and Wellness thumbnail

eMoney Advisor Celebrates Financial Literacy Month with Resources Aimed at Education and Wellness

The fintech firm has several initiatives planned throughout April for both advisors and internal employees RADNOR, Pa.–(BUSINESS WIRE)–eMoney Advisor (eMoney), a leading provider of technology solutions and services that help people talk about money, today announced plans to participate in Financial Literacy Month, which is celebrated annually in April. With initiatives aimed at both clients […]

Refinance Activity Spiked in February Close to Pandemic Refinance Surge Peak, ICE Mortgage Technology Millennial Tracker Finds thumbnail

Refinance Activity Spiked in February Close to Pandemic Refinance Surge Peak, ICE Mortgage Technology Millennial Tracker Finds

PLEASANTON, Calif.–(BUSINESS WIRE)–Refinance activity increased sharply for Millennial borrowers in February, according to the ICE Mortgage Technology™ Millennial Tracker from ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services. According to recent data, refinances closed during […]

Harvest Builders Announces Two New Companies Set To Disrupt Financial Technology Globally thumbnail

Harvest Builders Announces Two New Companies Set To Disrupt Financial Technology Globally

Local venture studio launches two tech startups in Calgary’s East Village and Downtown Corridor CALGARY, Alberta–(BUSINESS WIRE)–Harvest Builders, a Calgary-based growth platform and venture studio, announced the addition of two new companies, One Wealth and Propra, to their studio’s growing financial technology portfolio. Building off of the momentum of Harvest’s first studio venture Neo Financial, […]

SoFi Launches Auto Loan Refinancing Through Lantern thumbnail

SoFi Launches Auto Loan Refinancing Through Lantern

New Offering Adds Transparency to One of the Fastest Growing Categories of Consumer Debt1 SAN FRANCISCO–(BUSINESS WIRE)–SoFi announced today that transparent, competitive, and personalized auto loan refinancing offers are now available through Lantern, the financial services product comparison site owned and operated by SoFi, the digital personal finance company. SoFi launches auto loan refinancing in […]

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