Business Wire


CellTrust SL2 Drives Mobile Productivity and Compliance at Payne Capital Management

SL2 sets boundaries between work and private life on one cell phone while seamlessly capturing and archiving work-related texts SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#Compliance—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today its SL2 mobile application for capture and archiving is driving mobile productivity and compliance at Payne […]

Mastercard and ACI Worldwide Announce First Real-Time Payments Infrastructure Collaboration with Cámara de Compensación Electrónica (CCE)

Modernizing Peru’s real-time payments infrastructure is Mastercard and ACI’s first partnership project since the announcement of their alliance to develop real-time payment solutions around the world Mastercard’s Instant Payment Service will allow for the processing of 24/7 real-time payments using the ISO 20022 standard as a managed service, enabling banks to develop new use cases […]

Drop Technologies Inc. Partners with “Buy Now, Pay Later” Platform Sezzle to Financially Empower Shoppers

TORONTO–(BUSINESS WIRE)–Drop Technologies Inc. (Drop) announced today its partnership with “Buy now, pay later” solution Sezzle, the highest shopper-rated alternative payment platform that offers interest-free installments for up to 6 weeks. As shoppers continue to navigate economic uncertainty as a result of the Covid-19 pandemic, the newly launched partnership is designed to financially empower the […]

Move to Transact Mobile Credential Benefits 8,850 Students Plus Faculty and Staff at Mercer University

Technology Implementation Makes Contactless Payment, Contactless Access, and Contact Tracing Capabilities a Reality PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech–More than 8,850 students, faculty and staff at Mercer University now benefit from contactless payment, contactless access, and contact tracing, thanks to implementation of Transact’s mobile credentials technology last year. Transact, the leader in innovative payment solutions for a connected […]

Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund

Anchored by Schusterman Family Investments and the George Kaiser Family Foundation, Avid Ventures Fund I invests in early-stage technology companies transforming the fintech, consumer internet, and software industries in North America, Europe, and Israel. NEW YORK–(BUSINESS WIRE)–Avid Ventures today announced the launch of its $68 million debut venture capital fund. Avid backs exceptional founders at […]

Israel Discount Bank Selects Wolters Kluwer’s Compliant E-Forms Package

Deposit E-Forms Expansion Module streamlines IDB’s disclosures program MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Israel Discount Bank of New York (IDB Bank) has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module (DEMx) Expansion Pack to help streamline and enhance the management of its document disclosure practices. Providing disclosures is a required and critical function of U.S. banks and credit unions […]

Robertson Stephens and StratiFi Technologies Announce New Partnership

Strengthening client-advisor relationships through award-winning risk evaluation tool SAN FRANCISCO–(BUSINESS WIRE)–StratiFi, developer of award-winning PRISM Rating™ technology for financial advisors, and Robertson Stephens have announced a new partnership to create a more holistic view of clients’ financial wellness by integrating risk analytics into their investment solution. This partnership gives Robertson Stephens’ advisors an important tool […]

Marqeta Rounds Out Comprehensive Card Issuing Capabilities With New Credit Card Platform, Allowing Innovators to Launch Next-Generation Credit Card Programs

Marqeta’s move into credit card issuing and processing now allows it to support any card type through its modern card issuing platform, working with first strategic partner Deserve to open up new access to innovation in the credit card space. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today announced its expansion into the […]

Mogo Expands into U.S. Digital Payments Market through Subsidiary, Carta Worldwide

Broadens Carta’s addressable opportunity in US$500 billion North American payments markets 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 subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is expanding into the U.S. – the world’s largest payments market. […]

Ether Capital Corporation Announces Launch of First Product Under Agreement With Purpose: The Purpose Bitcoin ETF

TORONTO–(BUSINESS WIRE)–Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO:ETHC) is pleased to announce the launch of the first digital asset product under its agreement with Purpose Investments Inc. (“Purpose”) announced on February 16, 2021. The first product under the agreement is the Purpose Bitcoin ETF, which is the world’s first physically settled Bitcoin ETF. […]

From Client to Investor: FVCBankcorp, Inc. Partners with KlariVis

ROANOKE, Va.–(BUSINESS WIRE)–#analytics—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced today that FVCBankcorp, Inc. has made a strategic investment into the company. FVCBankcorp, Inc., the parent company of FVCbank, a $1.82 billion commercial bank headquartered in Fairfax, Virginia, with branches in Virginia, Maryland, and D.C., has found the […]

Discover Signs Agreement to Help Expand Acceptance of Sezzle’s Buy Now, Pay Later Feature

Sezzle will now have the opportunity to work with merchants that accept Discover MINNEAPOLIS & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a digital banking and payments services company, and Sezzle, Inc. (ASX:SZL), an installment payment platform, have announced an agreement that will allow Sezzle to work with selected merchants on the Discover Global Network in offering consumers additional […]

SadaPay Partners With IDEMIA to Revolutionize and Expand Digital Payment Services in Pakistan

KARACHI, Pakistan–(BUSINESS WIRE)–With IDEMIA’s Global Fintech Accelerator Card Program, the Pakistan-based fintech firm can now effectively scale-up its operations and offer a superior payment experience, powered by state of the art technology. As the world goes digital, payment cards are arguably the last physical touch-point between the bank and its customers. SadaPay’s approach to financial […]

The Thames Estuary Growth Board Selects MediaLink to Support Ambition for Adding Up to £115 Billion to UK Economy

Hires the Strategic Advisory Firm for Digital Infrastructure Analysis, with Goal to Bolster Media & Creative Industries with £3.7 Billion, among Other Development Initiatives LONDON–(BUSINESS WIRE)–The Thames Estuary Growth Board (TEGB) announced today it has hired strategic advisory firm MediaLink, an Ascential company, to handle a through-the-line analysis of the region’s digital landscape, which will […]

GoCardless Opens New York Office as Global Workforce Is Set to Grow by More Than 60 Per Cent

NEW YORK–(BUSINESS WIRE)–GoCardless, a global fintech in recurring payments, announces the opening of an office in New York City as it embarks on a hiring drive to grow its global headcount by two-thirds. The New York office, led by Nanna Saito Nielsen, VP of Banking Operations, will act as the hub for strengthening and scaling […]

Guidewire Promotes Multiple PartnerConnect Solution Partners

Guidewire recognizes Solution partners’ achievements and continues to expand the breadth of innovative solutions available in the Marketplace, benefiting its global community of P&C insurers SAN MATEO, Calif.–(BUSINESS WIRE)–#First100SolutionPartners–Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that seven Solution partners have been promoted within the […]

Transact Team in Chennai, India Now 70 Strong

Leading Payments Company Reaches Milestone Hiring Target in Its IT Product Development Hub CHENNAI, India–(BUSINESS WIRE)–#chennai–Transact, the leader in innovative payment solutions for a connected campus, today announced its team in Chennai, India is now 70 people strong. Transact’s Chennai location opened in 2019 and sits on the footstep of Chennai’s IT highway and serves […]

USA Technologies’ “UR Tech Insiders” Latest Podcast Discusses the Importance of EMV with Discover General Manager of Digital Acceptance, Danielle Bataglia

MALVERN, Pa.–(BUSINESS WIRE)–$USAT #DiscoverGlobalNetwork—USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced the release of its most recent episode of “UR Tech Insiders,” featuring Danielle Bataglia, general manager of digital acceptance for Discover. In her role Ms. Bataglia focuses […]

The Capital Corps Rebrands to The Change Company

IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Capital Corps, America’s Community Development Financial Institution (CDFI), today announced its new name – The Change Company. Over 100 million American consumers and small businesses – including nearly half of all Black and Latino consumers – are underbanked due to systemic economic inequality. The Change Company levels the financial playing field for […]

Earnix’s Solution to Provide Industry-Leading Personalized Insurance Rate Breakdown to Consumers

The enhanced consumer rate breakdown creates a new standard for transparency in the insurance industry BOSTON–(BUSINESS WIRE)–#analytics—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, announced a newly enhanced capability that enables insurers to provide comprehensive rate breakdowns to consumers instantaneously. Integrated within Earnix’s end-to-end Rating Engine, this […]

Xerox Signs First OEM Partner of Global Payment Solutions Business

NORWALK, Conn.–(BUSINESS WIRE)–#MakeNowWork—Xerox Holdings Corporation (NYSE: XRX) signed Lexmark as the first original equipment manufacturer client for Xerox Financial Services (XFS), a new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs, will provide financing for selected Lexmark Managed Print Services (MPS) engagements. “Lexmark selected XFS as a financing partner […]

Midwest BankCentre Selects Upstart for Auto Lending

AI-powered, digitally enabled auto lending experience to serve more customers SAN MATEO, Calif.–(BUSINESS WIRE)–#ailending–Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, today announced Midwest BankCentre, St. Louis’ premier community bank since 1906, has selected Upstart to expand its direct auto lending business with a digitally enabled auto refinancing service. With Upstart, Midwest BankCentre […]

Cloudentity and Axway Partner to Deliver Zero Trust for Open Banking

The partnership provides AI-driven API authorization and governance to simplify and secure open banking applications SEATTLE–(BUSINESS WIRE)–#API—Cloudentity, a cloud-based provider of dynamic fine-grained authorization and governance solutions, today announced its partnership with Axway, a leading API integration platform provider, to deliver Zero Trust authorization for Open Banking services. “Getting consent right is one of the […]

Akoya adds JPMorgan Chase to its Data Access Network

The Akoya Data Access Network gains significant scale with addition of a leading U.S. bank Chase customers will be able to securely share data with apps and services through Akoya BOSTON–(BUSINESS WIRE)–Akoya LLC announced today that JPMorgan Chase has joined the Akoya Data Access Network. Fintechs, data aggregators and other data recipients can now request […]

Access Softek Signs a Record Nine Clients in Q4 2020

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking platform provider, had a productive and successful Q4 2020, signing nine credit unions to the company’s digital banking platform. As the importance of digital banking continues to increase, credit unions need access to the best online and mobile solutions for members. Eight of the nine credit unions […]

Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards

Bank On certifies the Cashback Debit account from Discover because of its no fees and online capabilities RIVERWOODS, Ill.–(BUSINESS WIRE)–Cashback Debit, the online checking account from Discover, was recently certified by the national nonprofit organization, Cities for Financial Empowerment (CFE) Fund. The CFE Fund’s mission is to improve the financial stability of low and moderate […]

iCapital Network® and CAIA Association Partner to Launch AltsEdgeTM – an Alternative Investing Education Program for Financial Advisors

Innovative education initiative offers research-based, CE-accredited modules to prepare advisors to optimize the use of alternatives in client portfolios NEW YORK–(BUSINESS WIRE)–#alternativeinvesting—iCapital Network1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global […]

Financial Health Startup SeedFi Launches and Announces $65 Million in Funding to Help Underserved Americans Build Credit and Savings to Accelerate Their Economic Progress

Andreessen Horowitz General Partner Angela Strange Joins Board of Fintech Company After Leading Series A Round SAN FRANCISCO–(BUSINESS WIRE)–SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity and $50 million […]

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currency PURCHASE, N.Y. & NASSAU, Bahamas–(BUSINESS WIRE)–Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new […]

SHAZAM Selected to Help Shape the Future of Instant Payments

DES MOINES, Iowa–(BUSINESS WIRE)–SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, has been selected to participate in a pilot program to guide development of the Federal Reserve’s instant payments offering, the FedNowSM Service. FedNow will offer community financial institutions another network through which to access faster payments infrastructure. The FedNow Service […]

Basware Named a Leader in IDC MarketScape Procure-to-Pay Assessment

ESPOO, Finland–(BUSINESS WIRE)–#accountspayable—Basware (Nasdaq: BAS1V) is recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2021 Vendor Assessment (doc #US45015519, February 2021). To be included in the IDC MarketScape assessment, vendors’ offerings must be “SaaS” or “cloud-enabled;” meet the IDC MarketScape definition of procure-to-pay (P2P); have procurement technology that encompasses […]

Luma Financial Technologies Signs Credicorp Capital

Top Structured Product and Annuities Platform Continues to Expand Its Presence in Latin America CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that Credicorp Capital, a leading financial firm located throughout Latin America with a strong presence in Peru, Chile, Colombia, and The United States through its subsidiary […]

Mercury Digital Assets to Power Enigma Securities’ Trading of Crypto Derivatives

Mercury’s bespoke integrated solution will allow Enigma to quickly grow its footprint in the accelerating market segment CHICAGO–(BUSINESS WIRE)–#crypto—Mercury Digital Assets (“Mercury”), a technology provider for digital asset markets, today announced it is providing a platform solution to Enigma Securities (“Enigma”) for trading crypto derivatives. The customized platform is launching with options and futures products […]

Morgan Stanley Selects 11 Startups for 5th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

Selected from over 700 applicants globally, the 2021 winter cohort startups include ABF Creative, Abode Technologies, Cognitive ToyBox, Elly Health, Fashion Bomb Daily Shop, Kanarys, Lillii RNB, SecondKeys, SupportPay, Virtual i Technologies, and Zirtue – companies with innovative strategies across sectors such as fintech, edtech, e-commerce, social networking, medtech, retail tech and enterprise software Morgan […]

Enhancing Lives With More Credit: Northern Hills Federal Credit Union Selects Scienaptic’s AI-powered Credit Decisioning Platform

Credit union expects to approve more loans to underserved members and streamline lending processes NEW YORK–(BUSINESS WIRE)–Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Northern Hills Federal Credit Union. This deployment will enable Northern Hills FCU to use AI to make sharper credit decisions and assist […]

 DigiPli Launches Holistic Anti-Money Laundering Solution and Welcomes Two Advisory Board Members

 End-to-End AML and KYC Solution Revolutionizes How Fintechs Onboard Customers JERSEY CITY, N.J.–(BUSINESS WIRE)–Founded by seasoned compliance veterans, DigiPli is transforming Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for FinTechs and other financial services firms. Today, DigiPli is pleased to announce the official launch of its holistic Onboarding-as-a-Service solution, which addresses a financial […]

Vienna Insurance Group’s Digital Start-up, Beesafe, Achieves Rapid Four-month Guidewire Deployment in Midst of Global Pandemic

Polish insurance brand offers 21st century business model, state-of-the-art IT architecture, and unique customer proposition WARSAW & LONDON–(BUSINESS WIRE)–Beesafe, the digital brand of the Vienna Insurance Group’s (VIG) Polish subsidiary, and Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that Beesafe has deployed Guidewire to […]

FlexNOW, FlexTrade’s Cloud-based EMS, Empowers Global Equity and Futures Trading for Lyxor Asset Management, One of France’s Largest AM

LONDON–(BUSINESS WIRE)–#cloudtechnology–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announces Lyxor Asset Management adoption of FlexNOW EMS, which combines the best of cloud, desktop, mobile and API technology. FlexNOW gives Lyxor’s traders the power and flexibility to transition seamlessly between the different challenges in today’s working conditions. The ability to […]

ACI Worldwide and Auriga Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform

New platform improves omni-channel experience for consumers, including self-service channel integration with mobile and internet banking OMAHA, Neb.–(BUSINESS WIRE)–#banking—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a partnership with Auriga, a market leader for omni-channel banking and payment systems. The companies will launch a next-generation ATM […]

Workiva Upgrades All Customers to its Next Generation Cloud Platform

Workiva Cloud Platform Allows for Rapid Development and Deployment of New Solutions and Capabilities, Enabling Organizations to Simplify More of Their Complex Work AMES, Iowa–(BUSINESS WIRE)–$WK #100BestCos—Workiva Inc. (NYSE:WK), the company that simplifies complex work, today announced that it has upgraded its entire global customer base to its next generation Workiva Cloud Platform. The new […]