Business Wire


 Apex Clearing Recognized by Fast Company as One of the World’s Most Innovative Companies

DALLAS–(BUSINESS WIRE)–Apex Clearing Corporation (“Apex” or the “Company”), the fintech for fintechs powering innovation and the future of digital wealth management, today announced that it has been named to Fast Company’s esteemed annual list of the ‘World’s Most Innovative Companies’ in 2021 in the category of finance. “At Apex, we are committed to creating technology-based […]

The Change Company Launches Initiative to Expand Homeownership in Low to Moderate Income Communities

$1 billion initiative launched based on recommendations made by The Change Company’s Community Advisory Board Coalition of 18 Banks provided over $80 million to finance the initiative The Change Company sponsored and published research conducted by Prosperity NOW with best practices for expanding homeownership in low income communities IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Change Company, America’s Community […]

New Innovative FIS Program Aims at Retiring Student Loan Debt for Next Generation of Company Leaders

Key facts: FIS’ recruitment benefit pays down student loan debt for eligible college graduate hires within the U.S. Starting this year, hires in the FIS University program are eligible for the debt repayment program after one year of service. U.S. college students are overwhelmed with $1.5 trillion in loan debt, with minority students being most […]

Wescom Springs for Free Coffee as Part of Annual Daylight Saving Time Promotion

Southern Californians Will Receive a Free Beverage at Select The Coffee Bean & Tea Leaf® locations this Sunday, March 14, Courtesy of Wescom Credit Union PASADENA, Calif.–(BUSINESS WIRE)–When the clocks change this Sunday for Daylight Saving Time, it means one less hour of sleep for most people. Wescom Credit Union is helping make the morning […]

Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that $6.2 billion-asset Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members. Redstone FCU successfully leveraged the NCR DI platform for consumers for years, delivering a digital banking experience […]

Cheese Launches First-of-Its-Kind Digital Banking Platform Supporting Asian Communities

Revolutionary digital banking platform provides zero-fee, cashback banking to customers while providing a seamless way to give back to Asian communities and businesses PASADENA, Calif.–(BUSINESS WIRE)–Cheese, a revolutionary digital banking and social cause platform, announced its brand launch today. Cheese will serve primarily Asian-Americans and immigrants in the U.S. providing customers accessible, zero-fee, rewards-based banking […]

 WEX Continues to Bring Value to Sourcewell Members

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, has been awarded a multi-year contract renewal with Sourcewell, an agency that serves the education, nonprofit and government sectors by giving their clients access to competitively solicited cooperative contracts. “This agreement will continue to deliver value for our participating agencies,” says Kelly McAllister, supplier […]

Ault Global Holdings Announces that Its Gresham Worldwide Defense Business Has Been Awarded a $3.0 Million Purchase Order From a Defense and Aerospace Customer

LAS VEGAS–(BUSINESS WIRE)–$AP #AP–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide”), has received a $3.0 million purchase order from a leading defense and aerospace customer of its wholly owned subsidiary, Enertec Systems 2001, Ltd. (“Enertec”). Enertec, based in Israel, […]

Corvus Raises $100M in Series C Financing to Further Advance Its Mission of Transforming Commercial Insurance

Investment from Insight Partners backs Corvus’s streamlined, digital-first approach in the largest cyber insurance financing ever BOSTON–(BUSINESS WIRE)–Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced it has secured $100 million in Series C funding in a round led by global venture capital and private equity firm […]

Jiangong EIC Held a Groundbreaking Ceremony, the Global Fintech Super Alliance (FSA) Was Formally Established

The University Center cooperates with Jiangong for constructing the Third City, Kicks off World-Class Landmark, Global Megacity HANGZHOU, China–(BUSINESS WIRE)–On March 10, 2021, Jiangong’s EIC held its first Global Fintech Super Alliance (FSA) while officially announcing the start of a new global megacity. IMAX super stage, huge LED screens, AI powered robots welcoming guests, and […]

AWS Announces New Lower Cost Storage Classes for Amazon Elastic File System

One Zone storage classes provide single Availability Zone (AZ) storage at a 47% lower cost than existing multi-AZ storage classes Capital One, Regeneron Pharmaceuticals, and Qube Research & Technologies among customers using One Zone storage classes for Amazon Elastic File System SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced new […]

Riskalyze Launches "Build My Tech Stack" Tool: Industry’s First Step-by-Step Guide for Advisors to Design Their FinTech Integrations

“Integrations” has been loosely bandied about as a buzz-word for far too long, offering a lot of “what” but scarcely any “how” Using Riskalyze’s new proprietary tool, advisors can quickly assemble their ideal tech solutions, saving countless hours of frustration AUBURN, Calif.–(BUSINESS WIRE)–#FinTech—Riskalyze, the company that serves tens of thousands of financial advisors with risk […]

SeekOut Raises $65 Million in Series B Funding to Accelerate Talent 360, an AI-Powered Platform to Find, Hire, Retain and Grow Talent

REDMOND, Wash.–(BUSINESS WIRE)–SeekOut, the AI-powered Talent 360 platform, today announced $65 million in Series B funding led by Tiger Global Management, with participation from existing investors Madrona Venture Group and Mayfield. This capital raise brings SeekOut’s total funding to $73 million and reflects 10X growth in the 21 months since the company’s Series A round, […]

Logicly Announces Integration with Top CRM Software

Logicly announces an integration with Redtail Technology, creating single sign-on access for streamlined investment analysis NEW YORK–(BUSINESS WIRE)–Logicly, the investment analytics platform from ETFLogic, has announced an integration with Redtail Technology (“Redtail”), the leading CRM technology provider for financial advisors, Logicly is a resource for financial advisors to streamline investment analytics and portfolio tools. This […]

Astera Credit Union Sees 35% Higher Loan Balances Per Member with the Help of Kasasa

Credit union deepens account relationships in the wake of COVID-19 AUSTIN, Texas–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, worked with Astera Credit Union to deepen its relationships with account holders and experience 35% higher average loan balances per member. Difficult economic conditions resulting from the pandemic have forced financial institutions executives to make […]

Monte Carlo Launches Chief Data Officer Advisory Board with Leaders from UnitedHealthcare, Buzzfeed, Autodesk, Western Digital, and Other Data-driven Organizations

SAN FRANCISCO–(BUSINESS WIRE)–#data–Monte Carlo, the data reliability company, today announced the formation of its Chief Data Officer (CDO) advisory board. The advisory board was launched to help Monte Carlo and the emerging data observability market better serve customers on their journeys to data trust, advise their product roadmap, and pioneer the data observability category. This […]

Zeni Launches AI-Powered Finance Concierge for Startups

With $13.5M in Funding, Zeni Brings Real-Time Insights to Startup Founders via Intelligent Bookkeeping, Accounting, and CFO Services PALO ALTO, Calif.–(BUSINESS WIRE)–Modern bookkeeping fintech Zeni today launched the first AI-powered finance concierge for startups, making its intelligent bookkeeping, accounting, and CFO services available to businesses across the United States. The company also announced it has […]

USA Technologies Enhances VMS Platform for Small and Medium Business Customers with Next Generation of Seed Cashless+

Integration with Seed Mobile Enables Operators to Track Route Stops in the Field and Update Inventories On-the-Go via iOS Mobile App MALVERN, Pa.–(BUSINESS WIRE)–$USAT #SCP—USA Technologies, Inc. (NASDAQ: USAT) (“USAT”), a software and payments company that provides end-to-end technology solutions for the unattended retail market, today announced the general availability of Seed Cashless+. This next […]

Sontiq® Acquires Fintech Provider Breach Clarity

Sontiq Adds Nationally Known Fraud, Banking and AI Experts to Lead Company’s Data Breach and Financial Fraud Protection Initiatives BOSTON–(BUSINESS WIRE)–#BreachIQ—Sontiq, the leader in Intelligent Identity Security (IIS), today announced it has acquired award-winning data breach intelligence fintech Breach Clarity. As a result of the acquisition, Sontiq’s products – IdentityForce, Cyberscout, and EZShield – all […]

HighRadius Partners with Sage To Provide End-to-End Accounts Receivable Automation

Specifically designed for mid-sized businesses, HighRadius RadiusOne A/R suite is a plug and play A/R transformation platform which can be deployed in under four weeks HOUSTON–(BUSINESS WIRE)–#AIpoweredsolutions—HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced a new partnership with Sage. As part of the agreement, HighRadius […]

Automotive Online Sales Platform Digital Motors Expands into Canada

Digital Motors completed $10 million Series A to finance future growth IRVINE, Calif.–(BUSINESS WIRE)–#autofinance—Digital Motors®, the groundbreaking online sales platform for automotive dealerships and manufacturers, today announced its expansion into Canada. The company is financing its international expansions with the proceeds of a $10 million Series A funding round led by DN Capital based in […]

Franklin Templeton Partners with iGrad on New Personalized Financial Wellness Platform

SAN DIEGO–(BUSINESS WIRE)–Franklin Templeton has partnered with San Diego-based financial education company iGrad to develop MyFi Guide™, a financial wellness digital platform designed for financial professionals to share with defined contribution (DC) plan sponsors and participants. Powered by iGrad’s award-winning Enrich™ financial wellness solution, MyFi Guide features the Your Money Personality™ financial behavior assessment, which […]

Mastercard Accelerates Deployment of Digital First Solutions

Mastercard Engage platform expansion provides customers with fast and easy access to new set of qualified technology partners PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard is expanding the Engage platform, offering customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These solutions will enable customers to provide […]

Transact Celebrates International Women’s Day

Company Reinforces Commitment to Equality and Inclusion, Calls for Team Members to Renew Their Commitment as One Transact PHOENIX–(BUSINESS WIRE)–#choosetochallenge–More than 480 team members at Transact, the leader in innovative payment solutions for a connected campus, celebrated International Women’s Day today as the company reinforced its commitment to equality and inclusion. In a company-wide memorandum, […]

InterPrice Technologies, Inc. Closes $2.5 Million Seed Round

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, Inc., a woman-owned early-stage debt capital markets fintech platform, has raised $2.5 million in seed funding led by Bowery Capital, with participation from Chaos Ventures, Operator Partners, and Dash Fund. InterPrice Technologies, Inc. is a financial technology company that empowers corporate Treasury teams to make financing decisions with accuracy and precision. […]

WEX Teams up With Ford for New Commercial Fleet Referral Arrangement

New Fuel Card Referral Arrangement to Deliver WEX Cards to Ford Commercial Solutions (“FCS”) Fleet Customers PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, today announced that it has reached an agreement with Ford Smart Mobility LLC (“FSM”), a part of Ford Motor Company, which is one of the largest commercial vehicle manufacturers […]

FT1000: TIS Among Europe’s Fastest Growing Companies for the Third Time

The expert for cloud-based corporate payments ranked among the FT1000 Fastest Growing Companies Europe by the Financial Times and Statista WALLDORF, Germany–(BUSINESS WIRE)–#FT1000—The new “FT1000: Europe’s Fastest Growing Companies” ranking by the Financial Times and Statista was published on 2nd of March. It is a list of the European companies that achieved the highest compound […]

ACI Worldwide to Drive Payments Modernization for Boots, the UK’s Pharmacy-led Health and Beauty Retailer

ACI Omni-Commerce to help Boots customers throughout their omni-channel shopping journeys MIAMI & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with Boots UK, part of Walgreens Boots Alliance, to drive payments modernization for the UK’s pharmacy-led health and beauty […]

Razer Anzu Smart Glasses Combine Multi-Lens Eyecare and Open-Ear Audio to Connect in Style

Exclusive available from Best Buy and Razer.com are Razer’s new and versatile, smart eyewear that provide immersive low-latency Bluetooth™ audio and protect your eyes from harmful light – while working from home or on the go. IRVINE, Calif.–(BUSINESS WIRE)–#audio–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the Razer […]

Insurity’s Fully Integrated MGA Software Now Powers Five of the Top 10 MGAs and Improves Productivity by Up to 30 Percent

Insurity’s software enables MGAs to use a single user interface, enter data one time into only one system and automatically integrates it across rating, proposal, policy, and reporting systems MGAs are empowered to quickly introduce new products to the market across diverse risks such as cyber, drones, co-working, gig-economy, and climate change, among others HARTFORD, […]

Ault Global Holdings Resumes Bitcoin Mining

Alliance Cloud Services Begins Initial Buildout of 617,000 Square Foot Michigan Cloud Data Center Providing Up to 300MW of Low-Cost Power LAS VEGAS–(BUSINESS WIRE)–$AP #AP–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that it has resumed bitcoin mining through its wholly-owned subsidiary, Ault Alliance, Inc., at its 617,000 […]

BJ’s Wholesale Club Adds Online EBT Payment Option for In-Club Pickup and Curbside Pickup Orders in Select States

Retailer helps members shop more conveniently by offering online EBT payment in Florida and North Carolina WESTBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States, announced that it now accepts EBT payments for SNAP eligible items on BJs.com for in-club pickup and curbside pickup orders […]

Medallion Financial Announces Second Fintech Strategic Partnership at Medallion Bank

NEW YORK–(BUSINESS WIRE)–Medallion Financial Corp. (Nasdaq: MFIN, “Medallion Financial” or the “Company”) announced today that Medallion Bank (Nasdaq: MBNKP, “the Bank”) has entered into a definitive agreement with ClearGage, LLC to provide loan origination services. ClearGage operates a technology platform which allows merchants or providers to offer a point-of-sale consumer finance program and ongoing loan […]

AM Best Assigns Credit Ratings to CRABI, S.A. de C.V.

MEXICO CITY–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of B (Fair), a Long-Term Issuer Credit Rating of “bb+”, and a Mexico National Scale Rating of “a+.MX” to CRABI, S.A. de C.V. (Crabi) (Mexico City, Mexico). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Crabi’s balance sheet strength, which […]

Webinar: Demystifying the Fintech Enablement Ecosystem

i2c Joins Visa and Car IQ to Discuss Enabling Partnerships Through Modern Payments Infrastructure Stacks REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, will be joining host Visa’s webinar on demystifying the fintech enablement ecosystem on March 10th, 2021. i2c CEO and founder, Amir Wain, joins the conversation along […]

Socure and Baker Tilly Partner to Establish Intelligent KYC Assurance for Fintechs and Banking Institutions

Baker Tilly audit of Socure’s Intelligent KYC solution provides product accuracy verification, establishes regulatory compliance, and creates further trust with clients NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leader in Day Zero identity verification, and Baker Tilly, announced today the companies have successfully completed an audit of Socure’s Intelligent KYC solution. The report verifies that Socure’s Intelligent KYC […]

CHSI Technologies Excited to Announce Rebrand to Insurium

Insurium is a Market-Leading SaaS InsurTech Provider Delivering Commercial Insurance Software Configured Like Their Clients’ Business, to Grow Their Clients’ Business DENVER–(BUSINESS WIRE)–#commercialinsurance–CHSI Technologies, the market-leading SaaS InsurTech platform for policy and claims life cycle management, billing, real-time decision support and analytics, announced its exciting rebrand to Insurium. Insurium’s market-leading cloud-based platform provides a 360-degree […]

The Change Company Names B.C. Silver President of Digital Banking

IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Change Company, America’s Community Development Financial Institution (CDFI), has named B.C. Silver to be its President, Digital Banking and the Chief Executive Officer of Change Finance. “I am excited by the opportunity to join The Change Company to bring real change and financial inclusion to underserved individuals, in communities like my hometown […]

CLARA Analytics Offers Rapid-Turnaround Data Quality Service for Insurers

CLARA Network Analyzer Matches and De-dupes Medical Provider Records, Driving Greater Accuracy and Efficiency in Claims Management SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced the availability of Network Analyzer, an API-based data quality service that matches and de-duplicates medical provider records […]

Temenos and Canadian Western Bank Break the Boundaries of SME Banking with an Explainable AI Digital Banking Solution

Temenos Virtual COO offers open banking-driven data aggregation with real-time insights for SME owners to take control of their business growth, ultimately enabling smarter funding First Explainable AI-driven solution in the market empowers SMEs by providing a Virtual Chief Operating Officer in your pocket – a digital advisor for smart decision-making – helping SMEs run […]