Business Wire


EML’s Group CFO Rob Shore’s Genetics Background Gives Him Deep Insights Into FinTech’s DNA

BRISBANE, Australia–(BUSINESS WIRE)–”Ultimately, in a financial services business – it’s all about the numbers,” according to Rob Shore, Group Chief Financial Officer at EML. Speaking in a fascinating conversation, he reveals his scientific mindset of testing and learning have remained consistent themes in his life. He is very excited about the company’s 3-year Accelerator strategy. […]

Razer Huntsman V2 Analog Keyboard Unlocks Full Versatility With a New Dimension of Input

The Huntsman V2 Analog keyboard stars Razer’s new cutting-edge Analog Optical Switches with the ability to fully adjust and set dual-step actuations for the finest degree of gaming control. IRVINE, Calif.–(BUSINESS WIRE)–#analog–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the new Razer Huntsman V2 Analog – a feature-packed […]

NYMBUS Partners with NYDIG to Offer Bitcoin Banking

Together Helping More Financial Institutions Accelerate Innovation with Breakthrough Digital Payments MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers. According to a new NYDIG consumer survey, more than 22 percent […]

DAEM Technology Launches ixWallet and the First Bitcoin Red Packet in Hong Kong to Promote Blockchain Payment Education

HONG KONG–(BUSINESS WIRE)–DAEM Technology Limited (DAEM Technology), a wholly owned subsidiary of ixFintech Group, announced its new product, the ixWallet. ixWallet is a truly distributed ledger wallet, meaning that all the user savings are on the blockchain. It allows users to send/ receive digital assets, as well as to review the ixCrypto Index. The wallet […]

Vast Bank Completes Seamless Digital Currency Transaction

TULSA, Okla.–(BUSINESS WIRE)–On Wednesday, January 27th, 2021 Vast Bank, N.A. (Vast) successfully executed an end-to-end cryptocurrency transaction. In doing so, Vast believes it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on behalf of a customer and directly from their bank account. This accomplishment represents […]

TrueNorth and Codat Announce Partnership

Expedites Single API Financial Data Integration between FIs and SMEs SAN FRANCISCO–(BUSINESS WIRE)–#APIs–TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. The partnership provides Codat’s FI clients with direct access to a software engineering […]

Trustmark Expands Sagent Partnership For 7 Years

Deal to consolidate Trustmark’s servicing stack to expand their customer-first, community-focused footprint and drive fast evolution to support consumer needs KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark . Jackson, MS-based Trustmark offers […]

Mosaic Announces Launch of Global Specialty Insurance Platform With Next-Generation Underwriting Capabilities

New Insurance Venture Founded by Industry Leader Mitch Blaser, Backed by Long-Term Investor Golden Gate Capital HAMILTON, Bermuda–(BUSINESS WIRE)–Mosaic, a next-generation global specialty insurer combining newly-formed Lloyd’s Syndicate 1609 with sophisticated underwriting talent, has launched operations in Bermuda, London, the United States and Asia. Mosaic is founded by seasoned industry executive Mitch Blaser, who serves […]

Teslar Software Marks Major Milestones in 2020

PPP support and an increased need for lending efficiencies positioned the company to help an expanding customer base of community bankers as they support small business needs SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, today shared highlights from an eventful 2020, including […]

Toshiba’s New Algorithms Quickly Deliver Highly Accurate Solutions to Complex Problems

Breaks the limitations of classical mechanics by introducing a quasi-quantum effect Expected to accelerate complex problem-solving in finance, pharmaceuticals and logistics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (collectively Toshiba), industry leaders in solutions for large-scale optimization problems, today announced the Ballistic Simulated Bifurcation Algorithm (bSB) and the Discrete Simulated Bifurcation Algorithm […]

Carta Worldwide Expands into Japan

Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), has expanded into Japan in support of the TransferWise launch of their multi-currency […]

SMEs ‘More Reliant Than Ever’ on Digital Services in Wake of COVID-19

With 84% of SMEs feeling frustrated by lacklustre business banking offerings, banks must accelerate digital innovation roadmaps to retain customers and attract new ones LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today released a new report highlighting SME frustrations with business banking services. The survey showed that digital banking services have been vital for […]

United Fintech Enters the Market Data and RegTech Space with TTMzero Acquisition

LONDON–(BUSINESS WIRE)–#banks—United Fintech has entered the Market Data & RegTech space with the acquisition of German fintech, TTMzero. United Fintech has taken a 25% stake in the market leading firm, with the intention of increasing to 80% over the next three years. The acquisition is in line with its strategy of acquiring and scaling innovative […]

Bank of America Triples Affordable Homeownership Commitment to $15 Billion

Grants and Affordable Loans Have Already Helped Nearly 21,000 Individuals In Low- and Moderate-Income Communities Become Homeowners CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it will triple its affordable homeownership initiative to $15 billion through 2025, aiming to help more than 60,000 individuals and families to purchase homes. First launched in 2019 as a $5 […]

Onfido Delivers Record Revenue Year for Fiscal 2020

82% increase in global ARR fueled by strong demand from enterprises LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced it has recorded unprecedented growth in 2020. Global annual recurring revenue (ARR) increased by 82% year-over-year. The company more than doubled its sales in the US, which is one of […]

The NAGA Group AG Starts 2021 With Record Figures

New monthly record in trading volumes and transactions Peak value of new registrations Trading profit multiplied compared with the same period of the previous year HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, has started the new year 2021 with top figures. With […]

IPification Launches One-click Mobile Phone Verification Solution in the UK

IPification one-click phone verification will be available to mobile subscribers of all UK mobile operators HONG KONG–(BUSINESS WIRE)–#mobileidentity–IPification, the creator of new technology for passwordless one-click mobile authentication, phone verification and fraud prevention, announces the launch of their one-click phone verification solution in the UK. The solution is currently in the final phases of testing […]

LifeYield, Allianz Life Expand Partnership to Help Financial Professionals Increase Retirement Income Potential

Access to LifeYield’s Social Security Advantage with Income Layers Helps Identify, Fill Gaps in Achieving Retirement Goals BOSTON–(BUSINESS WIRE)–To help investors find the right solutions to fill gaps in their retirement checks and cover anticipated expenses, LifeYield LLC, the market leader in developing cloud-based solutions that allow advisors to maximize retirement income for their clients, […]

Safe Harbor Credit Union Sees 143% Increase in Loans in 2020 with the Help of Kasasa

Credit union achieves growth despite industry wide slump due to COVID-19 AUSTIN, Texas–(BUSINESS WIRE)–Safe Harbor Credit Union has experienced its best loan growth in years with the assistance of Kasasa®, an award-winning financial technology and marketing provider. Safe Harbor expanded its relationship with Kasasa to strategically pivot its loan offerings. By reframing how consumers think […]

Independent Restaurants Running on Toast’s All-in-One Platform Outperform Peers by up to 30% During Pandemic

Investments in digital ordering and contactless payments technology allowed Toast to significantly grow their customer community and increase recurring revenue by ~70% BOSTON–(BUSINESS WIRE)–#COVID19—Toast, the fastest-growing restaurant management platform, today announced the 2020 results of its investments in the restaurant community. During the pandemic, Toast took steps to support the industry through rapid product innovation, […]

Bank of the West Selects Fiserv to Bring Zelle to Small Businesses

Bank advances payment-focused engagement strategy ahead of strong customer demand BROOKFIELD, Wis.–(BUSINESS WIRE)–Bank of the West, a subsidiary of BNP Paribas, is enabling its small business customers to send and receive money quickly and easily with Turnkey Service for Zelle®: Small Business from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology […]

ASC X9 Launches ISO 20022 Best Practices Forum

New Group, Open to All, Seeks to Broaden ISO 20022 Use in the U.S. Financial Industry by Documenting and Promoting Best Market Practices ANNAPOLIS, Md.–(BUSINESS WIRE)–#ISO20022–The Accredited Standards Committee X9 Inc. (X9) today announced the formation of the U.S. ISO 20022 Market Practice Industry Forum, which will work to research and document best practice recommendations […]

QMA launches flexible ESG and active tax management SMA platform for RIAs

NEWARK, N.J.–(BUSINESS WIRE)–$PRU–QMA, the quantitative equity and multi-asset solutions specialist of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has launched PGIM Quant Select, the first service for registered investment advisors (RIAs) that combines active multifactor equity solutions with customized environmental, social and governance (ESG) and tax management. PGIM […]

SRAX Announces Sequire Platform Has Over 3 Million Retail Investors

LOS ANGELES–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced that Sequire has grown to over 3 million retail investors. “We have been discussing the importance of retail investors in public companies since the inception of Sequire. It’s the […]

CSI Partners With Autobooks To Enrich Relationship Between Small Businesses and Financial Institutions

PADUCAH, Ky.–(BUSINESS WIRE)–To empower financial institutions with the tools they need to help their small business customers more effectively manage their finances, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Autobooks, a fully integrated payments and accounting platform for small businesses, delivered through financial institutions. Autobooks […]

The Helper Bees Grows 200% in 2020, Helps 12,500 Families with Home Care

Digital home care company secured $6M in Series A funding, launched four successful products 200% YoY revenue growth; partnered with five new insurance carriers; welcomed 157 new team members; helped 12,500 families Well-positioned to bridge the gap and provide better care for 73 million aging adults in the U.S. AUSTIN, Texas–(BUSINESS WIRE)–#ATX—The Helper Bees (THB), […]

Ault Global Holdings Appoints Douglas P. Gintz as Chief Technology Officer and Director of Global Technology Implementation

Mr. Gintz to Lead Development of Innovative Technology Solutions Focused on the Electric Vehicle Charging Systems Market at Scale LAS VEGAS–(BUSINESS WIRE)–$AP #ACECool–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), today announced the appointment of Douglas P. Gintz as Chief Technology Officer (“CTO”) and Director of Global Technology Implementation. Mr. […]

Juniper Research: Biometrics to Secure Over $3 Trillion in Mobile Payments by 2025; Driven by Shift to App-based mCommerce

BASINGSTOKE, England–(BUSINESS WIRE)–#biometrics–A new study from Juniper Research has found that biometrics will authenticate over $3 trillion of payment transactions in 2025, from just $404 billion in 2020. The report found that biometrics, including fingerprint, iris, voice and facial recognition are becoming critical to offering compelling app experiences, as mobile payments dominate the payments landscape. […]

Altruist Launches Portfolio Marketplace Featuring Vanguard and Dimensional Fund Advisors Models

Platform creates one-stop-shop for portfolio management, brokerage services and portfolio accounting software LOS ANGELES–(BUSINESS WIRE)–Altruist, a fully-integrated digital investment platform, announced the release of a new marketplace for financial advisors to use turnkey portfolios from leading asset managers. Advisors can build custom model portfolios on Altruist or assign models from providers in this new marketplace, […]

Sootchy Hires Top Talent in Marketing and 529 College Savings Plans

LOS ANGELES–(BUSINESS WIRE)–#529plan–Two years ago, David Adefeso began work on a platform with a singular vision: debt-free education for all. As Sootchy’s website and subsequent app have developed, so has the drive to realize that vision with the help of two women who are powerhouses in their industries. The first of these is Emma Willis. […]

Insurity Expands System Integrator (SI) Program with 14 Major Partners to Ensure On-time and Under-budget Implementations Worldwide

14 major system integration companies are now implementing Insurity’s best-in-class policy, billing, and claims software across 18 of the world’s leading insurers HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs today announced that its proven software products can now be implemented by 14 system integrator (SI) partners, who […]

Nexo Introduces In-app Cryptocurrency Exchange Service

The tool allows for instant limitless native trades of all digital and fiat currencies supported by Nexo The Exchange’s ‘Smart Routing’ system offers a more favorable quote than manually executed swap The proprietary service facilitates the acquisition and exchange of NEXO Tokens LONDON–(BUSINESS WIRE)–$NEXO #NexoExchange—Nexo, the leading regulated financial institution for digital assets with over […]

70% of Bank of America Clients Engaging Digitally for More of Their Financial Needs

Top 5 trends reveal how digital became a primary channel for clients during the pandemic Growth in digital engagement expected to continue as clients enjoy personalized experiences and embrace the ease and convenience of managing their financial lives anywhere and anytime CHARLOTTE, N.C.–(BUSINESS WIRE)–Last year, more and more people relied on digital connections and capabilities […]

Intuit QuickBooks Capital to Help Small Businesses Access Additional PPP Loans as SBA-Approved Lender

QUICKBOOKS 2020 PPP BY THE NUMBERS Through the CARES Act, QuickBooks Capital helped eligible customers access more than $1.2 billion in SBA-approved and Paycheck Protection Program (PPP) loans last year. QuickBooks Capital has helped more than 30,000 small businesses access these loans, keeping more than 220,000 employees on payrolls. Last year, the average loan size […]

Mogo Reports Over 300% Increase in Bitcoin Transaction Volume in January

January new Bitcoin account additions increased by more than 140% from December 2020 All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today reported strong month-over-month growth in several key metrics in January related to its bitcoin account as an increasing […]

Ault Global Holdings to Resume Bitcoin Mining at Energy Efficient Facility With 1,000 S19 Pro Antminers From Bitmain

Alliance Cloud Services Closes Acquisition of 617,000 Square Foot Michigan Cloud Data Center Providing Up to 300MW of Low-Cost Power LAS VEGAS–(BUSINESS WIRE)–$AP #ACS–Ault Global Holdings, Inc. (NYSE American: DPW) (the “Company”) announced today that Alliance Cloud Services, LLC, a majority-owned subsidiary of its wholly-owned subsidiary, Ault Alliance, Inc., closed on the acquisition of a […]

Financial Advice is (Finally) Affordable – Status Money Launches Virtual Coaching Starting at $3 per Month

NEW YORK–(BUSINESS WIRE)–#CFP–Status Money announced today the launch of its financial coaching service that connects individual members with certified financial professionals via video conference. Access to professional financial guidance and advice has never been more important, with 40% of US investors surveyed by Cerulli Associates in October saying they need more advice and 19.1 million […]

PFS’ Correos League Of Legends’ Mobile Prepaid Solution Is Available Across Spain

LONDON–(BUSINESS WIRE)–#FinTech–The PFS Correos Prepago League of Legends’ digital payment product is live for legions of fans in a salute to Spain’s thriving youth market. The smart virtual payment option is set to become a transformative parental FinTech solution in Spain to empower young people with a safe means of making online purchases. Sergio Ignacio […]

Mambu Reports Company-Wide Growth in 2020

Cloud banking platform assists 26 FIs rapidly adjust to market changes, leading Mambu to its funding of $135M at a $2.1 billion valuation MIAMI–(BUSINESS WIRE)–Mambu, a cloud banking platform for banking and lending businesses, announced today it experienced company-wide growth during 2020. The company quickly helped 26 financial institutions (FIs)adapt to market changes, including a […]

Deluxe Inks New Agreement with Truist Financial Corporation

New partnership further solidifies long-term relationship; provides synergies for further growth SHOREVIEW, Minn.–(BUSINESS WIRE)–Today, Deluxe (NYSE: DLX), a Trusted Business Technology™ company announced that it has finalized a long-term agreement with Truist Financial Corporation (NYSE: TFC), the sixth largest commercial bank in the US, which was formed by the 2019 merger of equals between BB&T […]