Growing insurtech company will continue to scale its proprietary insurance platform across the specialty insurance market by leveraging KKR’s deep experience across the insurance value chain NEW YORK & CARLSBAD, Calif.–(BUSINESS WIRE)–Integrated Specialty Coverages (“ISC” or the “Company”), a leading, multi-line insurance distributor that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and […]
Retail, banking and financial technology experts join the Signifyd team to provide guidance and seamless solutions for merchants facing Strong Customer Authentication regulations LONDON–(BUSINESS WIRE)–#Ecommerce–Signifyd, the market leader in ecommerce guaranteed fraud and consumer abuse protection, introduced an expanded team of veteran SCA experts today from the retail, banking and financial technology fields to serve […]
NEW DELHI, India–(BUSINESS WIRE)–#BankingSegment–Pine Labs, a leading merchant commerce platform in Asia, announced key organizational changes to further strengthen its growth opportunities, presence and its commitment to the region. Pine Labs subsidiary, Qwikcilver has made significant progress in evangelising and pioneering the Prepaid Stored Value and Gift Card category in the Southeast Asian region over […]
Next Step Explains How Its Fintech Consulting Model Is Delivering Optimal Client Collaboration & Efficiency ORLANDO, Fla.–(BUSINESS WIRE)–#banking–The pandemic crisis has been a catalyst for transformative initiatives for community banks and credit unions and Next Step has been at the forefront during this transformation. Equipped with an innovative model, Next Step positions its clients for […]
LOS ANGELES–(BUSINESS WIRE)–#autoprequalification–NowLake Technology, LLC announces a strategic partnership with Carsfast to enable consumers to buy and finance vehicles through SMS chat bots. Car shoppers will now be able to get a pre-qualification with Westlake Financial and search for cars that fit their payment and amount financed loan criteria through Carsfast’s SMS technology. “The technology […]
MEXICO CITY–(BUSINESS WIRE)–#Financialstress—Minu, an employee financial wellness company, today announced that it has raised $14 million in Series A funding. The round was led by FinTech Collective, with participation from VEF, XYZ Ventures, and FJ Labs, as well as DocuSign founder Tom Gonser and Gusto CFO Mike Dinsdale. Existing investors QED Investors, Next Billion Ventures, […]
HOUSTON–(BUSINESS WIRE)–FINBOA, Inc., a leading innovator in digital automation and regulatory compliance for financial institutions, announced record growth in 2020, entering 2021 positioned to reach new heights. FINBOA attributes its continued growth to a growing portfolio of solutions for banks and credit unions, including Regulation E Dispute Tracking, CIP/Loan Exception Tracking, ACH Origination, and Legal […]
Consumers Expect Clear, Consistent and Personally Informed Communications from Financial Institutions WELLESLEY, Mass.–(BUSINESS WIRE)–Redpoint Global, a leading software provider that helps brands deliver revenue-generating and personalized customer experiences, today announced new research revealing major gaps in customer expectations and delivery of services by financial institutions. Conducted by Dynata, the survey of more than 1,000 U.S. […]
KKR Closes Investment in iCapital Network NEW YORK–(BUSINESS WIRE)–iCapital Network®1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and KKR, a leading global investment firm, today announced that iCapital RF Adviser, a registered investment adviser and subsidiary of iCapital,2 has been appointed investment adviser […]
LAS VEGAS–(BUSINESS WIRE)–$AP #AMEX–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that as of February 26, 2021, the Company and related parties have purchased an aggregate of 683,032 shares of common stock, constituting a 9.9% equity interest in SunLink Health Systems, Inc. (NYSE American: SSY) (“SSY”) at a weighted […]
RegLynk GRC Integrates Directly Within Organizations Creating Comprehensive and Intuitive Compliance Risk Management SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, a top-five lender to U.S. residential solar and home energy markets, today announced the public launch of RegLynk, its proprietarily- developed Governance, Risk and Compliance (GRC) platform software solution which will now be made available to third-party customers. […]
Integration of emerging and alternative data into enterprise no-code platform brings insurers unprecedented speed-to-market and insight SANTA BARBARA, Calif.–(BUSINESS WIRE)–#AI—Carpe Data, a leading provider of emerging and alternative data for insurance, and Unqork, the leading enterprise no-code application platform, have entered into a partnership to help property and casualty (P&C) insurers drive speed, reduce fraud […]
JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing digital payments infrastructure for Southeast Asia, announces it has raised US$64.6 million in a Series B round led by Accel to deliver more secure and reliable economic success in the region. Altogether, the company has raised $88 million in funding. Amid Southeast Asia’s rapid digital transformation, Xendit is quickly […]
Community financial institution to expand digital offerings with ZDeposit and ZRent BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—Bank of New Hampshire has selected ZSuite Technologies, a financial technology company offering digital tools that help businesses and individuals automate collection of recurring payments and manage security deposits, to expand its digital offerings. Through this partnership, Bank of New Hampshire is […]
OLDWICK, N.J.–(BUSINESS WIRE)–The March issue of Best’s Review reports on the ways the insurance industry has had to adapt to COVID-19 and the new directions insurers have begun to explore. In “The Pandemic Has Accelerated the Pace of Digital Transformation and Product Innovation in Insurance,” Best’s Review looks at how the pandemic has forced the […]
ACI is the first and only provider to make cash transactions possible for taxpayers through new digital barcode feature OMAHA, Neb.–(BUSINESS WIRE)–#BillPayments—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that the Internal Revenue Service (IRS) will allow taxpayers to make cash transactions through a new digital […]
CORK, Ireland–(BUSINESS WIRE)–#aml—Horizon8, an innovative technology firm has launched a game-changing and award winning digital identity platform and mobile application, valid8Me, that transforms the customer onboarding and Know Your Customer (“KYC”) document sourcing challenge for regulated companies across multiple industries, including Accountancy, Legal, Funds, Asset Management, Banking, Insurance and Real Estate. Average customer onboarding times […]
PFS has been fully integrated into EML’s international payments business. LONDON–(BUSINESS WIRE)–EML Payments Limited (ASX: EML) (S&P/ASX 200) is delighted to announce that the Prepaid Financial Services’ brand has completed a seamless and disruption-free integration to become an integral part of EML’s global payments ecosystem. EML is pleased to confirm that every existing contract, partnership […]
Temenos front-to-back software-as-a-service will help Croí Laighean to close the technology gap with the big banks to attract a new generation of members and drive growth Temenos SaaS supports Croí Laighean to achieve a hyper-efficient cost models and rapidly launch innovative personalized products GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced that […]
Cash-preferred consumers can use barcode payment tokens at participating retail locations to quickly pay bills with cash OMAHA, Neb.–(BUSINESS WIRE)–#BillPayments—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and InComm Payments, a leading global payments technology company, today announced a partnership that will digitize cash payments through the use […]
PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, announced today its agreement with OMV expanding its presence within Europe. WEX will implement its technology platform to manage OMV’s fuel card program across ten markets within Europe. The implementation is expected to be completed within the next two years. OMV produces and markets […]
Consumer demand for improved digital purchase transparency is on the rise Ethoca enhances and relaunches their Eliminator product as Consumer Clarity™ TORONTO–(BUSINESS WIRE)–Ethoca, a Mastercard company, is leveraging an industry-leading network, collaborative technologies, and deep relationships with payments stakeholders around the world to help businesses satisfy the growing demand for improved digital experiences. With its […]
Insurtech to Represent 8% of Global Insurance Premiums by 2025 BASINGSTOKE, England–(BUSINESS WIRE)–#insurance–A new study by Juniper Research has found the total value of premiums generated by insurtech platforms – platforms with technology supporting insurance at the heart of their design – will exceed $556 billion in 2025, from $250 billion in 2020; growing by […]
Key facts: FIS Unity was named Best Technology Platform for Family Offices at the 2021 Private Asset Management (PAM) Awards. FIS was also recognized as Best Family Office Service Provider – New Innovations for its wealth management solutions. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has received two awards for its wealth management solutions […]
COPENHAGEN, Denmark–(BUSINESS WIRE)–#banking—What if there was a button to unsubscribe from all your paid subscriptions at once? There is, and a former Mastercard president just invested €4 million in it, as the global Corona pandemic has fueled an explosive “subscription surge.” What started off as a simple idea at a Danish hackathon in 2016, to […]
NEW YORK–(BUSINESS WIRE)–#africa–EMTECH, a first-of-its-kind fintech for central banks, today announced a partnership with the Central Bank of Ghana to deploy its Modern Central Bank Sandbox Platform™. The Central Bank of Ghana confirmed the collaboration in a release. The partnership with the Bank of Ghana will leverage EMTECH’s software to test innovative solutions, including blockchain, […]
Blockchain Domains developed into Blockchain Websites are transforming the Internet, creating a decentralized web for new developing virtual economies. ALPHARETTA, Ga.–(BUSINESS WIRE)–#Blockchain—Uply Media, Inc a company creating innovative Blockchain Websites, today announced a bullish outlook for Blockchain DWeb 3.0 innovations. Revealing the transformation of the Internet into a decentralized web will grow new developing virtual […]
Offers Cost-Effective Integration of Modern Core Processor for US Financial Institutions SAN FRANCISCO–(BUSINESS WIRE)–#banking–TrueNorth, a global fintech software development company, today announced a partnership with Mambu, a SaaS banking platform which empowers tech-forward financial institutions to design and service nearly any financial product. This partnership creates a cost-effective way for regional banks, credit unions and […]
Sustainable Asset Classes and Sectors Viewed as More Likely to Outperform Projected Sustainable Asset Returns Now Reflected in BlackRock Investment Institute’s Capital Market Assumptions NEW YORK–(BUSINESS WIRE)–The BlackRock Investment Institute (BII) believes that tackling climate change will drive significant economic improvements over the coming two decades and that the commonly held notion that it has […]
Closes new venture debt facility; welcomes Alex Rodriguez and Josh Richards to the #StepFam SAN FRANCISCO–(BUSINESS WIRE)–Step, the new modern-day financial services company built for teens and families, today announced it has crossed one million users. A first of its kind, Step offers users the ability to build credit before they turn 18 through a […]
AIX-EN-PROVENCE, France–(BUSINESS WIRE)–#FX—smartTrade Technologies, a global leader in multi-asset trading technology, has for the second consecutive year won Best Trading Solution for FX Markets for its LiquidityFX trading platform at the TradingTech Insight Awards Europe 2021. The TradingTech Insight Awards recognise excellence in trading solutions and services for capital markets, focusing on vendors which provide […]
Cloud-based digital insurance hub will enable faster processing of claims and enhance customer experience through the claims settlement process IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced that Donegal Insurance Group, a family of property and casualty insurance companies, has selected CoreLogic as the technology provider to […]
AUSTIN, Texas–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, has collaborated with Protective Life Insurance Company (Protective) to enable community financial institutions to offer flexible life insurance that can save consumers up to 31% on coverage compared to its competitors. Through this association, Kasasa banks and credit unions will be able to offer life […]
RADNOR, Pa.–(BUSINESS WIRE)–eMoney Advisor (eMoney), a leading provider of technology solutions and services that help people talk about money, today shared findings from a recent study1 on how COVID-19 has impacted the overall well-being of Americans. The results show that nearly three-fourths (73%) of respondents feel their financial situation in 2020 had a negative or […]
One-touch, GSE-accepted verification of assets, income and employment reduces loan process by up to 12 days SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, today announced its one-touch Mortgage Verification Service (MVS), enabling lenders to provide the simple, easy experience that today’s consumers and lenders are looking for in […]
Cetera enlists SIMON to deliver streamlined annuities education, marketplace, and analytics to its national network of financial professionals. NEW YORK–(BUSINESS WIRE)–#Annuities—SIMON Annuities and Insurance Services LLC (“SIMON”) and Cetera have announced a new collaboration that delivers SIMON’s award-winning insurtech platform for annuities to all Cetera financial professionals. The SIMON annuities platform streamlines product education, namely […]
FARGO, N.D.–(BUSINESS WIRE)–WEX, a leading financial technology service provider, further solidified its leadership position in 2020 in terms of growth and services across its Health division. “Our success is driven by our partners’ hard work, dedication, and determination, which were amplified in an incredibly challenging year,” said Robert Deshaies, president, Health, WEX. “Our shared mission […]
KINGSTON, Jamaica–(BUSINESS WIRE)–#banking–EMTECH, with headquarters in New York City, today announced a partnership with WiPay Caribbean, the largest online payments network in the Caribbean, to develop a pilot Central Bank Digital Currency (CBDC), “WiCoin,” that will integrate with WiPay’s regional network for distribution by participating Caribbean Central Banks. The Caribbean region leads in the deployment […]
North Little Rock Charter School Students Receive Funding Toward 529 College Savings Accounts LOS ANGELES–(BUSINESS WIRE)–#529plan–As we near the end of Black History Month, the impact of African Americans on our society continues to spread far and wide – in this case, through generations. On a mission to close the African American financial literacy gap, […]
NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases this month’s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month’s newsletter, Bank Treasurers and the Bridge They Bought, covers the continuing struggle bank treasurers have had with their growing surplus cash, which despite the sell-off in the […]
