Business Wire

Guidewire’s Industry-Leading Marketplace Raises Bar on Connecting Insurers With Innovation thumbnail

Guidewire’s Industry-Leading Marketplace Raises Bar on Connecting Insurers With Innovation

New Guidewire Marketplace introduces key enhancements allowing P&C insurers to easily browse and discover expertly curated app collections and innovative solutions SAN MATEO, Calif.–(BUSINESS WIRE)–#Guidewire–Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced it has launched its new Guidewire Marketplace. With an all-new design and enhanced […]

iShares Takes Steps to Lead Industry in Style Investing thumbnail

iShares Takes Steps to Lead Industry in Style Investing

Creates Lowest-Price Style Box Offering in the Industry with iShares Morningstar U.S. Equity Style Box ETFs $7.5bn suite overhauled with lower fees, new tickers, indices, fund names, investment objectives, and share splits NEW YORK–(BUSINESS WIRE)–Two decades ago, iShares set out to spearhead the industry in style investing by providing investors with simple and efficient access […]

Nymbus Labs Debuts with Portfolio of Pre-Built Niche Banks thumbnail

Nymbus Labs Debuts with Portfolio of Pre-Built Niche Banks

MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today introduced Nymbus Labs to the financial services market. Built and operated to systematically remove barriers to digital banking innovation, Labs brings together Nymbus’ world-class development, marketing and user experience teams to amplify the capabilities of traditional institutions and extend their reach to new niche segments […]

Moody’s Analytics Wins Award for Best Use of AI in Banking or FinTech thumbnail

Moody’s Analytics Wins Award for Best Use of AI in Banking or FinTech

SAN FRANCISCO–(BUSINESS WIRE)–Moody’s Analytics has won Best Use of AI in Banking or FinTech at the 2021 Global Achievement Awards for AI. This award recognizes the Credit Sentiment Score™ solution, an AI-powered tool to strengthen credit assessment and monitoring processes. Our solution uses artificial intelligence techniques to automatically identify adverse credit signals in the news. […]

RoadSync Selects Trevelino/Keller to Highlight Company’s Disruption of Transportation Payments thumbnail

RoadSync Selects Trevelino/Keller to Highlight Company’s Disruption of Transportation Payments

Digital PR and Marketing Firm Chosen Based on Cross-Practice Experience in Tech and Transportation ATLANTA–(BUSINESS WIRE)–Trevelino/Keller, a full-service, digital public relations and marketing firm, announces its partnership with RoadSync, an innovative digital financial platform that dramatically reduces payment processing time and maximizes revenue collection for the transportation industry. Trevelino/Keller will work with RoadSync to increase […]

Discover Announces Alliance with Malaysia’s PayNet to Expand Worldwide Acceptance thumbnail

Discover Announces Alliance with Malaysia’s PayNet to Expand Worldwide Acceptance

KUALA LUMPUR, Malaysia & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a leading digital bank and payments company, and Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and shared central infrastructure for payment services in Malaysia, have signed an agreement that will greatly expand acceptance for Discover, Diners Club International and network alliance cardholders in Malaysia. The […]

Juniper Research: Regtech Spending to Exceed $130 Billion in 2025; Driven by Digital Onboarding & KYC thumbnail

Juniper Research: Regtech Spending to Exceed $130 Billion in 2025; Driven by Digital Onboarding & KYC

BASINGSTOKE, England–(BUSINESS WIRE)–#regtech–A new study from Juniper Research has found that spending on Regtech, systems that enable banks and other heavily regulated sectors to meet their compliance burdens, will exceed $130 billion in 2025, from $33 billion in 2020. The report found that this 290% growth is being fuelled by greater use of AI to […]

FACT SHEET: Opportunity Hub Announces New Racial Equity Focused Ecosystem Development Expansion, Edge Technology Training School Acquisition & Startup Entrepreneurship Support Initiative during 2021 SXSW thumbnail

FACT SHEET: Opportunity Hub Announces New Racial Equity Focused Ecosystem Development Expansion, Edge Technology Training School Acquisition & Startup Entrepreneurship Support Initiative during 2021 SXSW

AUSTIN, Texas–(BUSINESS WIRE)–#austin–To mark its ongoing commitment and work to scaling racial equity in the fourth industrial revolution and beyond, OHUB announces the following new acquisitions, launches, partnerships and initiatives. Racial Equity Ecosystem Development Expansion OHUB x Austin Equity District This week, The Honorable Steve Adler, Mayor, City of Austin signaled his partnership and support […]

Community Bank Selects Wolters Kluwer’s TSoftPlus Offering thumbnail

Community Bank Selects Wolters Kluwer’s TSoftPlus Offering

Technology facilitates small business stimulus funding through PPP loan applications MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Community Bank, based in Joseph, Ore., has selected Wolters Kluwer Compliance Solutions’ Paycheck Protection Program Supported by TSoftPlus™ to help expedite Paycheck Protection Program (PPP) loan applications for its small business customers. For more than 20 years, Wolters Kluwer’s TSoftPlus technology has helped lenders […]

The Kafafian Group Enters Strategic Alliance with KlariVis thumbnail

The Kafafian Group Enters Strategic Alliance with KlariVis

Momentum continues to grow for leading data analytics provider by entering partnership with renowned banking consultancy group ROANOKE, Va.–(BUSINESS WIRE)–#KlariVis—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, today announced its strategic alliance with The Kafafian Group, Inc. (“TKG”), a process improvement, strategy, financial advisory and outsourced profitability consulting firm […]

SIMON Expands ETF Footprint by Adding First Trust Target Outcome ETFs® to the SIMON Platform thumbnail

SIMON Expands ETF Footprint by Adding First Trust Target Outcome ETFs® to the SIMON Platform

First Trust’s Target Outcome ETFs® are now available to financial professionals leveraging SIMON’s centralized platform for risk-managed solutions NEW YORK–(BUSINESS WIRE)–#ETFs—SIMON Markets LLC (“SIMON”) announced today they have expanded the suite of ETF offerings available on SIMON’s platform to include First Trust’s Target Outcome ETFs®. Celebrating its 30-year anniversary, First Trust Advisors L.P. (“First Trust”) […]

Zayo Announces Significant Expansion to Network in Vancouver, B.C. thumbnail

Zayo Announces Significant Expansion to Network in Vancouver, B.C.

BOULDER, Colo.–(BUSINESS WIRE)–Zayo Group Holdings, Inc. today announced a significant expansion to its infrastructure in Vancouver, British Columbia with two key projects: a network upgrade to 100 gigabytes (100G) capacity, now complete, and an increase in the fiber capacity to its existing terrestrial route between Vancouver and Seattle, scheduled for completion by mid-year of 2022. […]

Andersen Global Enters Liechtenstein; Expands Platform in Europe

Andersen Global Enters Liechtenstein; Expands Platform in Europe

SAN FRANCISCO–(BUSINESS WIRE)–#actusag–Expanding its existing platform in the European region, Andersen Global establishes a presence in Liechtenstein with collaborating firm actus ag based in Triesen. actus ag, established in 2016, offers a range of services including national and international tax advisory, cross-border tax planning and IT services. With a specialization in tax laws related to […]

Salary Finance Secures $150 Million from Community Investment Management to Help Working Americans Move From Debt to Savings thumbnail

Salary Finance Secures $150 Million from Community Investment Management to Help Working Americans Move From Debt to Savings

Investment from Community Investment Management provides up to $150 million of debt funding for Salary Finance over the next three years BOSTON–(BUSINESS WIRE)–#fintech—Salary Finance, the leading global provider of financial education and salary-linked benefits for employees, announced a new round of funding today from Community Investment Management (CIM). The investment of $150 million over the […]

NYMBUS Takes Digital Banking to New Heights with Red Hat thumbnail

NYMBUS Takes Digital Banking to New Heights with Red Hat

Fintech pioneer helps credit unions and community banking customers accelerate the shift to digital with open source cloud platform RALEIGH, N.C.–(BUSINESS WIRE)–#fintech–Red Hat, Inc., the world’s leading provider of open source solutions, today announced that NYMBUS® has established Red Hat OpenShift as the cloud platform for its digital banking ecosystem, enabling the company to help […]

TELUS International Ranked a Leader in NelsonHall Social Media CX Services NEAT Assessment thumbnail

TELUS International Ranked a Leader in NelsonHall Social Media CX Services NEAT Assessment

Leading analyst firm highlights TELUS International’s ability to deliver immediate benefits in content moderation and customer care for social media services TELUS International’s expertise in the high-growth shared economy and gaming sectors highlighted in NelsonHall report VANCOUVER, British Columbia–(BUSINESS WIRE)–$TIXT—TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator that designs, builds […]

Invstr Unveils Smarter Investment Tools Combined with Secure & Convenient Commission-Free Banking & Brokerage Services* thumbnail

Invstr Unveils Smarter Investment Tools Combined with Secure & Convenient Commission-Free Banking & Brokerage Services*

Award-Winning Social Investment App Continues its Mission to Empower Retail Investors to Outperform Wall Street with Smarter Investment Tools & the Ultimate in Security and Convenience App Has Raised Over $40mm in Funding, Including Recent Series A NEW YORK–(BUSINESS WIRE)–#Banking–Leading social investment app Invstr sets a new standard for consumer finance apps by launching investment […]

Rainbow Housing Assistance Corporation Partners With Esusu to Provide Housing Stability for Low-income Tenants Across the Nation thumbnail

Rainbow Housing Assistance Corporation Partners With Esusu to Provide Housing Stability for Low-income Tenants Across the Nation

The campaign allows for tenants to receive no-interest loans for rental payments and an opportunity to build credit. GLENDALE, Ariz.–(BUSINESS WIRE)–#Esusu–Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization launched in 2002, has added to its bundle of award-winning services for low-income housing tenants. In partnership with the financial technology platform, Esusu, Rainbow can now help […]

Transact Announces Nacha WEB Debit Account Validation Rule Preparedness thumbnail

Transact Announces Nacha WEB Debit Account Validation Rule Preparedness

Company Fulfills New Regulatory Requirement One Year Early PHOENIX–(BUSINESS WIRE)–#edtech—Transact, the leader in innovative payment solutions for a connected campus, today announced it has completed preparation for a new National Automated Clearing House Association (Nacha) WEB Debit Account Validation Rule that requires bank account number validation to be a mandatory part of fraudulent transaction detection […]

Norwood Bank Partners with ZSuite Technologies to Expand Digital Offerings and Grow Deposits thumbnail

Norwood Bank Partners with ZSuite Technologies to Expand Digital Offerings and Grow Deposits

Community financial institution now offering ZRent and ZDeposit 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 Mass.-based Norwood Bank. By working with ZSuite, Norwood will enhance its digital offerings as consumer expectations continue to evolve […]

Mirato Unveils Advanced Third-Party Risk Management Platform to Provide Financial Institutions Unparalleled Visibility into Risk thumbnail

Mirato Unveils Advanced Third-Party Risk Management Platform to Provide Financial Institutions Unparalleled Visibility into Risk

Sophisticated Workflow Engine Applies AI and NLP to Identify Concentration Risks and Their Cascading Effects TEL AVIV, Israel–(BUSINESS WIRE)–#AI—Mirato, provider of a third-party risk management (TPRM) platform that orchestrates and automates the entire TPRM lifecycle, today announced the availability of its platform for financial services institutions in the U.S., which includes a fully orchestrated operations […]

Lovell Minnick Partners Announces Investment in UniversalCIS

Lovell Minnick Partners Announces Investment in UniversalCIS

Lovell Minnick and UniversalCIS’ Management Will Collaborate to Leverage Investment for Strategic Growth and Continued Acquisition Strategy of the Business PHILADELPHIA & LOS ANGELES & NEW YORK–(BUSINESS WIRE)–Lovell Minnick Partners, LLC, a private equity firm focused on investments in financial services, financial technology and related business services, today announced it has acquired a majority stake […]

Score Priority Corp. Extends RCM-X Algo Partnership thumbnail

Score Priority Corp. Extends RCM-X Algo Partnership

Score Priority customers to benefit from equity execution algo integrations via the Lime platform NEW YORK–(BUSINESS WIRE)–Score Priority Corp. (“Score Priority”), a financial services organization for the retail and institutional trading community, announced today the extension of its existing partnership with RCM-X, a provider of algorithmic execution strategies and quantitative trading products for institutional clients. […]

ACI Worldwide Customers Recognized by Celent as Winners of 2021 Model Bank and Model Risk Manager Awards thumbnail

ACI Worldwide Customers Recognized by Celent as Winners of 2021 Model Bank and Model Risk Manager Awards

DBS Bank recognized for Corporate Digital Banking Payments Network Malaysia Sdn Bhd (PayNet) recognized for Payments Infrastructure Swedbank recognized for Legacy and Ecosystem Transformation MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that three of its customers—DBS Bank, Payments Network Malaysia Sdn Bhd (PayNet) and […]

LenderClose Deploys HEx to Expedite, Simplify Home Equity Lending thumbnail

LenderClose Deploys HEx to Expedite, Simplify Home Equity Lending

Automated technology enables community financial institutions to process home equity transactions quicker, efficiently and deliver a better borrower experience DES MOINES, Iowa–(BUSINESS WIRE)–LenderClose, a fintech engaged in providing technology solutions to lending institutions, has launched Home Equity Express (HEx), a cloud-native technology for placement of collateral verification data and reports through an intelligent, automated workflow, […]

Flexiti Launches Buy Now Pay Later Financing at Sleep Country and Dormez-vous thumbnail

Flexiti Launches Buy Now Pay Later Financing at Sleep Country and Dormez-vous

TORONTO–(BUSINESS WIRE)–Flexiti Financial (“Flexiti”), a leading provider of point-of-sale consumer financing solutions for retailers, announced today that Sleep Country Canada Holdings Inc. (“Sleep Country”) (TSX: ZZZ), Canada’s leading specialty mattress retailer, has launched its omni-channel 0% interest financing1 solution. Sleep Country Canada and Dormez-vous customers are now eligible for Flexiti’s buy now pay later solution. […]

3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital thumbnail

3DLOOK Announces $6.5 Million Series A Round, Led by Almaz Capital

Tailored Brands and 1822 Denim Among Global Leaders Using Company’s AI-Powered Fit Solutions to Drive Down Apparel Returns and Boost Conversion SAN MATEO, Calif.–(BUSINESS WIRE)–#1822denim—3DLOOK, the global leader in AI-first mobile body measuring and fit solutions, today announced that it has raised $6.5 million in Series A funding, led by Almaz Capital with participation from […]

Mirador Recognized for Financial Reporting Innovation in 2021 FinTech Breakthrough Awards Program thumbnail

Mirador Recognized for Financial Reporting Innovation in 2021 FinTech Breakthrough Awards Program

Prestigious Awards Program Recognizes Outstanding Financial Technology Products and Companies DARIEN, Conn.–(BUSINESS WIRE)–#financialreporting—Mirador, LLC, today announced that it has been selected as winner of the “Best Data Visualization Solution” award in the fifth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products […]

Noyo Launches Industry-First Carrier Connectivity Experience with Noyo Sync™ thumbnail

Noyo Launches Industry-First Carrier Connectivity Experience with Noyo Sync™

Noyo’s groundbreaking API-driven solution gives benefits technology platforms an enriched data exchange experience in collaboration with leading carriers Ameritas, Beam Dental, Humana, Principal Financial Group, Sun Life U.S., and more. SAN FRANCISCO–(BUSINESS WIRE)–#API–Noyo, the leading API platform powering the age of connected insurance, today announced the launch of Noyo Sync™, the industry’s first API product […]

Invoice Cloud Helps the Insurance Industry Drive Digital Transformation at a Record Pace thumbnail

Invoice Cloud Helps the Insurance Industry Drive Digital Transformation at a Record Pace

Over 150 P&C Insurance carriers have contracted with Invoice Cloud to accelerate their digital transformation and enhance their customer experience. BRAINTREE, Mass.–(BUSINESS WIRE)–Invoice Cloud, an EngageSmart solution for online bill payment services, today announced significant growth in the insurance industry, having signed 150 insurance customers in 36 months. Invoice Cloud now serves customers in large […]

LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct thumbnail

LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct

Enterprise B2B insurtech platform doubles business in five-month span MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced the acceleration of its rapid growth, surpassing the $1 billion milestone in insured lease value for residential apartment homes. LeaseLock offers the only fully integrated solution in online leasing checkout systems […]

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation” thumbnail

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation”

Recognized for outstanding financial technology enabling financial institutions with seamless cross-border, cross-currency money movement DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in the fifth annual FinTech Breakthrough Awards for 2021. The company’s innovative cross-border money […]

FAIRWINDS Credit Union Selects Access Softek’s EasyVest Robo-Advisor to Help Members Build Wealth thumbnail

FAIRWINDS Credit Union Selects Access Softek’s EasyVest Robo-Advisor to Help Members Build Wealth

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced that FAIRWINDS Credit Union has selected its EasyVest™ robo-advisor solution to bring digital investing options to the more than 200,000 members it serves. EasyVest is a digital wealth management solution that manages investments for users. The solution uses a series of questions to […]

Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough Awards thumbnail

Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough Awards

Digital banking platform recognized as an important innovator providing value and impact in the fintech industry SAN FRANCISCO–(BUSINESS WIRE)–Digital banking platform Oxygen today announced that it had been named Best Overall Fintech App in the 2021 FinTech Breakthrough Awards. The awards are held by FinTech Breakthrough, a leading market intelligence organization that recognizes the top […]

First Keystone Community Bank Selects White Clay to Improve Digital Banking, Boost Profitability and Increase Shareholder Value thumbnail

First Keystone Community Bank Selects White Clay to Improve Digital Banking, Boost Profitability and Increase Shareholder Value

White Clay introduces new scalable solution for community banks and credit unions LOUISVILLE, Ky.–(BUSINESS WIRE)–White Clay, a fintech company that provides a user-friendly experience to help bankers increase profitability, drive team performance and manage relationships, today announced that Berwick, Penn.-based First Keystone Community Bank will use the new scalable version of its solution to build […]

Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa thumbnail

Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa

NEW YORK–(BUSINESS WIRE)–#ADGM–Abu Dhabi Global Market (ADGM), the award-winning international financial center (IFC), is excited to announce its partnership with OCO Global, a global trade and investment advisory firm with offices in New York and California, to provide in-market support to American businesses looking to access the Middle East and North Africa (MENA) market. ADGM […]

Apple Pay Drives OEM Pay Contactless Transactions to Exceed $1 Trillion in 2022, as Covid-19 Boosts Contactless Retail Payments: Kaleido Intelligence thumbnail

Apple Pay Drives OEM Pay Contactless Transactions to Exceed $1 Trillion in 2022, as Covid-19 Boosts Contactless Retail Payments: Kaleido Intelligence

OEM Pay Continue to Be Increasingly Popular for Instore Payments, but Lag Behind Contactless Card Transactions Globally LONDON–(BUSINESS WIRE)–OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds fintech and payments research specialists Kaleido Intelligence. This is up 377% from pre-COVID-19 levels in […]

Duco: Manual Process Errors Top List of Data Reconciliation Pain Points for Financial Firms During Pandemic thumbnail

Duco: Manual Process Errors Top List of Data Reconciliation Pain Points for Financial Firms During Pandemic

Nearly a third (28%) of financial services organisations say mistakes from manual processes are their biggest data reconciliation pain point amid the work-from-home drive, research shows LONDON–(BUSINESS WIRE)–Nearly a third (28%) of financial services organisations say that mistakes from manual processes are their biggest data reconciliation pain points. This is according to research released today […]

FINCI Goes Live with Temenos in Record Time in Less Than 4 Months thumbnail

FINCI Goes Live with Temenos in Record Time in Less Than 4 Months

Lithuanian fintech is launching intelligent financial management tools with instant multi-currency payments powered by next-generation Temenos Payments in the cloud Temenos Payments and core banking platform enables FINCI to accelerate time to market, create hyper-efficient business models and leverage open banking to deliver financial value-added services for individual and business clients Temenos is the de […]

Seeds Partners With JUST Capital to Deliver Deeper Portfolio Impact Insights to Advisors and Investors thumbnail

Seeds Partners With JUST Capital to Deliver Deeper Portfolio Impact Insights to Advisors and Investors

Partnership will enable Seeds to offer relevant metrics for advisors to improve prospecting and deepen client engagement NEW YORK–(BUSINESS WIRE)–Seeds, a financial technology firm that empowers financial advisors to offer clients a more intentional, purposeful, and personalized investing experience, has partnered with JUST Capital to deliver engaging impact insights to advisors and the clients they […]

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