ATLANTA–(BUSINESS WIRE)–#faithdrivenentreprenuer—Sovereign’s Capital, a diversified alternative asset manager dedicated to excellence in faith-driven investing, has closed its largest venture capital fund to date, Venture Capital Fund IV, LP, with over $60 million in committed capital. The fund’s investors include both existing limited partners and new institutional investors, making it the firm’s largest pool of capital […]
NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. is proud to announce that it served as the exclusive strategic and financial advisor to ZEMA Global Data, formerly ZE PowerGroup, on its significant growth investment from FTV Capital, the sector-focused growth equity investment firm based out of San Francisco, New York, Connecticut and London. “ZEMA, with its award-winning […]
New degree program highlights the intersection of finance and technology with insights on decentralized finance PHOENIX–(BUSINESS WIRE)–University of Phoenix College of Business and Information Technology has launched a new Bachelor of Science in Finance and Technology (BSFIN) degree program designed to prepare program students for the demands of modern business where finance and technology intersect. […]
Leading Software Solution For Personal Injury Firms Transforms The Client Communication Experience For Legal Professionals IRVINE, Calif.–(BUSINESS WIRE)–#fintech—CASEpeer, the #1 rated software for personal injury law firms, has announced its new integration with the leading AI-powered global cloud communications software, RingCentral. This fax integration embedded into CASEpeer will allow customers to streamline the client communication […]
Financial technology platform recognized for its global efforts in the Wealth Technology category NEW YORK–(BUSINESS WIRE)–DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, was recognized on the second edition of CNBC’s “World’s Top FinTech Companies 2024” list that was released today. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal […]
PALO ALTO, Calif.–(BUSINESS WIRE)–#AI—SambaNova Systems, the generative AI solutions company with the fastest models and most advanced chips, announces that “Typhoon”, a Thai Large Language Model (LLM) powered by SCBX and SCB 10X, has been introduced into the Samba-1 Composition of Experts (CoE) model. Mr. Kasima Tharnpipitchai, Head of AI Strategy at SCB 10X, […]
NEW YORK–(BUSINESS WIRE)–#AI—Arteria AI, the award-winning global leader in enterprise digital documentation infrastructure, today announced its availability on Google Cloud Marketplace, providing customers the ability to turn documents into data to drive automation and intelligence into core business processes. Google Cloud Marketplace lets users quickly purchase and run functional software that runs on Google Cloud. […]
SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital insurance company radically simplifying the insurance buying experience, today announced a strategic partnership with Millennial Shift Technologies (MShift), a leading policy distribution platform for insurance brokers. This collaboration introduces a new API integration: the first-ever automated Excess Technology Errors and Omissions (Tech E&O) / Cyber solution in the insurance space […]
OMAHA, Neb.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced its inclusion on CNBC’s prestigious World’s Top Fintech Companies 2024 list. The annual ranking, a collaboration between CNBC and Statista, recognizes the fintech vanguard – the most groundbreaking and impactful companies shaping the future of finance. CNBC’s World’s Top […]
– Reading Cooperative becomes KlariVis’ fifth Massachusetts-based customer – ROANOKE, Va.–(BUSINESS WIRE)–KlariVis, a pioneer in data analytics for banks, has been selected by Massachusetts-based Reading Cooperative to implement its enterprise data and analytics solutions. Reading Cooperative marks the fifth Massachusetts-based customer for KlariVis. Reading Cooperative is a depositor-owned co-operative founded in 1886, with nearly $1 […]
New service offers financial institutions an easy way to protect their customers from malicious account takeovers SAN FRANCISCO–(BUSINESS WIRE)–Sonar, the leading fraud data sharing consortium, is launching its new Red Flag service to help banks and fintechs quickly verify if their customers’ data has been compromised in a breach or used for fraudulent activities, such […]
AUBURN, Calif.–(BUSINESS WIRE)–Nitrogen (formerly Riskalyze), the company that is revolutionizing how wealth management firms scale the delivery of personalized advice, today announced the availability of an integrated client engagement platform featuring three products from the wealthtech innovator: Nitrogen Risk Center, Nitrogen Planning Center, and Nitrogen Research Center. The products are available to solo advisors a […]
Award-Winning AI Platform Lowers Medical Costs and Leads to Betters Outcomes SUNNYVALE, Calif. & LANCASTER, Pa.–(BUSINESS WIRE)–#AI—Eastern Alliance Insurance Group (“Eastern Alliance”), a wholly-owned subsidiary of ProAssurance Corporation, has selected the CLARAty.ai platform developed by CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, to enhance medical outcomes for […]
The new tool represents SMArtX’s commitment to pioneering a new era in managed account administration with advanced automation and customization. WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech—SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, today announces the launch of its SMArtX Transition Analysis Tool. This innovative solution empowers financial advisors to seamlessly migrate client […]
Zing members are able to hold funds in up to 10 different currencies, send over 30 currencies, and transact in more than 200 countries and territories worldwide Zing leverages Visa technology to empower UK members with international money needs LONDON–(BUSINESS WIRE)–Visa (NYSE: V) and HSBC (LON: HSBA) today announced the technological collaboration in support of […]
DUBAI, United Arab Emirates–(BUSINESS WIRE)–Proprietary trading, or “prop trading,” is quickly emerging as a significant trend within financial domains. The global prop trading industry, valued at USD 6.7 billion in 2020, is anticipated to observe a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. The burgeoning interest is self-evident, with the search […]
IRVINE, Calif.–(BUSINESS WIRE)–#GUARANTEEDRATE—SES Risk Solutions, a managing general underwriter specializing in real estate investor insurance, and Guaranteed Rate Insurance, a subsidiary of Guaranteed Rate Companies, the second-largest retail mortgage lender in the United States, today announced a new partnership. This strategic alliance will enable rental property owners to easily secure comprehensive landlord insurance coverage as […]
Credit-Scoring System Yields Unprecedented Level of Transparency, Benefiting Financial Institutions, Investors and Cannabis Business Owners DALLAS–(BUSINESS WIRE)–CTrust, the first and only cannabis business credit scoring and risk monitoring agency, announced today the beta launch of its cannabis credit scoring platform, now available to financial institutions, investors and business owners. The Cannabis Trust Score (CTS) and […]
Key Facts FIS has won Most Innovative Treasury Solution from Global Finance Magazine in its World’s Best Treasury & Cash Management Systems and Services Awards. For the sixth time and fifth year in a row, FIS was also recognized as a Best Cash & Treasury Management Solution in the Treasury Management International Technology and Innovation […]
Offering in-demand wire services enable fintechs to acquire and retain more customers SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure […]
Credit union invests in full suite of digital services to enhance consumer banking and expand commercial banking functions to improve financial wellbeing PORTLAND, Ore.–(BUSINESS WIRE)–#DiamondCreditUnion–Digital banking provider Tyfone today announced Diamond Credit Union (Diamond) has selected its nFinia® Digital Banking platform for commercial and retail account holders. Diamond selected the platform for its configurability and […]
New service enhances profile visibility, engagement and professional connections for fintech executives ATLANTA–(BUSINESS WIRE)–William Mills Agency, North America’s largest independent public relations and marketing firm specializing in financial technology, announced that it has introduced an executive social media engagement program, which focuses on enhancing the reputation of fintech executives and increasing their companies’ brand awareness. […]
The companies expand access to RTP, FedNow and ACH capabilities, solving the pain point of payments orchestration FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and MassPay, a leading provider of payment solutions for businesses, are expanding access to domestic instant payments. The collaboration is set […]
New integration elevates portfolio management for financial services professionals CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon Investment Management (AIM), a turnkey asset management program (TAMP) under the umbrella of comprehensive technology platform Advyzon, recently announced a partnership with FINIAT, a leading provider of wealth management software that enables financial advisors to provide turnkey trading for their client’s portfolios. The partnership […]
Innovative predictive and generative AI products gain traction and accolades across vertical use cases in retail, CPG, finance, manufacturing, media, and enterprise IT service management PALO ALTO, Calif.–(BUSINESS WIRE)–SymphonyAI, a leader in predictive and generative enterprise AI SaaS products for the enterprise, is gaining growing market recognition for its predictive and generative AI product portfolio […]
Newest Executive Addition at Fast Growing Clear Street Led CBOE Through Decades of Transformation NEW YORK–(BUSINESS WIRE)–Clear Street (“Clear Street,” “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, is pleased to welcome Edward Tilly to the firm as President. Edward Tilly joins Clear Street after a successful decade-long […]
SAN MATEO, Calif.–(BUSINESS WIRE)–#Forrester—Guidewire (NYSE: GWRE) announced that Forrester Research has named Guidewire ClaimCenter as a Leader in The Forrester Wave™: P&C Claims Management Systems, Q2 2024. The report evaluated 15 vendor solutions in the market against 22 criteria to help insurance claims and application professionals select the right claims management system for their needs. […]
Combining traditional investing techniques with AI technology, new Index provides comprehensive view of cross-asset market trends built on millions of data points SÃO PAULO & SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–BNP Paribas, Europe’s leading global bank, and QuantumStreet AI, a global leader in the field of AI-powered investment solutions, are today announcing the launch of […]
RIVERWOODS, Ill.–(BUSINESS WIRE)–Today Discover announced Balance+, an innovation for its Cashback Debit Checking account, providing customers with fee-free discretionary overdraft coverage applicable on everyday debit card transactions. With many Americans continuing to live paycheck-to-paycheck, this offering highlights Discover’s continued efforts to help address overdraft fees–a key customer pain point–and allows customers to seamlessly manage their […]
SALT LAKE CITY–(BUSINESS WIRE)–#401go–401GO, a leading provider of retirement planning financial technologies, announced the public release of its highly anticipated mobile app. Designed to meet the evolving needs of its users, the app represents a significant advancement in accessibility and user-friendly technology, reinforcing 401GO’s commitment to customer-centric innovation. The app, available for both iOS and […]
Key Facts Code Connect platform hosts FIS’ extensive catalog of over 700 APIs, offering a comprehensive suite of software developer solutions designed with deep financial services expertise. Recent Total Economic Impact™ study from Forrester Consulting sheds light on the financial and productivity benefits businesses may gain by implementing FIS Code Connect platform. Study found that […]
LONDON–(BUSINESS WIRE)–#guavapay–Millwall Football Club is delighted to announce that MyGuava has become The Lions’ brand-new front-of-shirt partner on a long-term deal. This new, exciting partnership, which is the club’s first new front-of-shirt partnership since 2019, will now see the Guavapay-owned ‘MyGuava brand’ feature on the front of the Senior Men’s and Academy playing kits across […]
Partnership to streamline member experience, reduce operational costs, and drive account conversions SAN FRANCISCO–(BUSINESS WIRE)–Blend (NYSE: BLND), a leading provider of digital banking solutions, today announced a new partnership with Andrews Federal Credit Union, the 4th largest credit union in Maryland with $2.6 billion in assets, to streamline the deposit account opening experience for their […]
ATLANTA–(BUSINESS WIRE)–intelliflo redblack has been named WealthTech Provider of the Year in the InvestmentNews Awards, an awards program that recognizes the success of individuals and organizations who drive the industry forward. The awards gala took place on June 20 in New York City. intelliflo redblack was selected as WealthTech Provider of the Year because of […]
According to ICE Mortgage Technology data and analytics, as of May, 24% of mortgage holders had current interest rates of 5% or higher, up from 10% two years ago Four million loans originated since 2022 have rates of 6.5% or higher – 1.9M at 7%+ – providing modest opportunity for growth in the number of […]
Equity Bank Adds to its Franchise in Home State of Kansas WICHITA, Kan.–(BUSINESS WIRE)–#EquityBankUSA–Equity Bancshares, Inc. (NYSE: EQBK) (“Equity” or the “Company”), the Wichita-based holding company of Equity Bank, announced the completed acquisition of KansasLand Bancshares, Inc. (“KansasLand”), the parent company of KansasLand Bank. With this acquisition, Equity has added to its existing presence in […]
Marqeta continues its European bookings momentum with Swiss4, powering a bespoke combination of financial services and personalised high-end experiences for its customers. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a new customer, Swiss4, providing real-time and personalised digital payment services […]
Circle’s French entity is launching USDC and EURC issuance in the EU in compliance with one of the world’s most comprehensive regulatory regimes for digital assets PARIS–(BUSINESS WIRE)–Circle, a global financial technology firm and the issuer of USDC and EURC, has today announced that it has become the first global stablecoin issuer to achieve compliance […]
Recognized for Transformative Leadership and Innovation, McCarthy’s Induction Highlights Evolution of Deluxe into a Digital Payments and Data Solutions Leader MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE: DLX), a modern Payments and Data company, announced today that President and Chief Executive Officer Barry C. McCarthy will be the 2024 inductee to the Technology Association of Georgia (TAG) Fintech Hall […]
Standardisation Enabling Diverse Verification Use Cases BASINGSTOKE, England–(BUSINESS WIRE)–#digitalidentities–A new study from Juniper Research, the foremost experts in fintech and payments markets, found the remote onboarding of users will drive the growth in digital identity app downloads by 126% globally. This will expand the market from 2.3 billion apps installed this year, to 5.2 billion […]
