Business Wire


50 New Banks Leverage Teslar Software for PPP Forgiveness and Lending Initiatives

Fintech helps community banks support their local businesses in time of need SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that it has added 50 new clients in the last 90 days. Teslar will help these banks manage the Paycheck Protection […]

Farmers Edge and Munich Re Announce Strategic Partnership to Implement Large-Scale Parametric Weather Insurance Solutions

Premium solutions leverage intelligent technologies to address data gaps in traditional coverage, establishing a new, profound level of revenue protection WINNIPEG, Manitoba & MUNICH–(BUSINESS WIRE)–#AgTech—Farmers Edge™, a global leader in digital agriculture, today announced a strategic collaboration with Munich Re, a leading reinsurer, to pave the way for data-driven parametric weather insurance solutions. The trailblazing […]

The Helper Bees Launches Independence Care Concierge, the Missing Link Between Long-Term Care Recipients and Insurers

Fortune 300 long-term care insurance companies including CNA already use Care Concierge Enables insurance carriers to offer value-add services to the insured, enabling quality care to 40+ million aging Americans Provides cost-effective options that mitigate risk of clients remaining unsupported at home and reduces severity of claims AUSTIN, Texas–(BUSINESS WIRE)–#aginginplace—The Helper Bees (THB), a company […]

Reech Corporations Group Launches Merchant Banking and Capital Markets Division

– Former Carlyle Group Senior Advisor Christopher Yoshida appointed as CEO, Merchant Banking & Capital Markets Division – New division will originate and deploy financing across investment group LONDON–(BUSINESS WIRE)–Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new Merchant Banking and Capital Markets Division, and […]

COVID-19 Accelerates Insurance Digitalization to Meet Customer Demand: World InsurTech Report 2020

Adopting a new mindset, leveraging intelligent processes and collaborating with ecosystem partners will be crucial to meet rising business and customer needs PARIS–(BUSINESS WIRE)–Insurers must explore new ways to build capabilities to meet the digital needs of customers as BigTechs1 and non-traditional players enter the insurance space, according to the World InsurTech Report 2020 (WITR) […]

Workiva Chosen to Transform Financial and Performance Management for the U.S. Department of Justice

Two DOJ Agencies to Standardize on the Workiva Platform AMES, Iowa–(BUSINESS WIRE)–$WK #100BestCos—Workiva Inc. (NYSE:WK), the company that simplifies complex work, announced today that two agencies (Justice Management Division and the Bureau of Alcohol, Tobacco, Firearms, and Explosives) from U. S. Department of Justice (DOJ) have selected the Workiva platform to streamline and automate a […]

Bank of America Sets Company Record for Patents Filed and Granted During First Half of 2020

26% of the Bank’s Inventors Are Women, Double the Global Average CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it has recorded the most patents filed and granted in the first half of any year in the history of the company. The bank achieved that mark during a time in which the company also aligned more […]

Moody’s Launches Comprehensive ESG Solutions Group; Appoints Global Head

LONDON–(BUSINESS WIRE)–Moody’s Corporation (NYSE: MCO) announced today the formation of an Environmental, Social, and Governance (ESG) Solutions Group to serve the growing global demand for ESG insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a […]

Wolters Kluwer Supports livi bank with OneSumX for Regulatory Reporting Solution

HONG KONG–(BUSINESS WIRE)–#wolterskluwer–Wolters Kluwer has been selected by livi bank for its award winning OneSumX for Regulatory Reporting solution to manage the bank’s regulatory reporting obligations. livi is a new virtual bank in Hong Kong and has recently launched its virtual banking app to Hong Kong customers. The bank is backed by Bank of China […]

In a Time of Heightened Security Concerns, SmartMetric Has Created Arguably the Worlds Most Advanced Biometric Credit Card Platform With a Fingerprint Scanner Built Into the Card

SmartMetric’s Biometric Credit Card Platform Can Turn a Credit or Debit Card on Using the Card Users Own Fingerprint NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME) a United States based company has achieved significant improvements on its advanced biometric credit/debit card product during the pandemic. During this time of business shut downs SmartMetric says that it […]

IndustryWired Magazine Names ‘Top 20 Companies with Most Disruptive Solutions in 2020’

SAN JOSE, Calif. & HYDERABAD, India–(BUSINESS WIRE)–#Disruptivesolutions–IndustryWired, a brand of Stravium Intelligence, has announced ‘Top 20 Companies with Most Disruptive Solutions in 2020’ in its August magazine issue. The magazine issue features extraordinary companies that are revolutionizing business processes by leveraging disruptive technologies and adopting effective business strategies to deliver customer-oriented services. These next-generation companies […]

GreenKey Releases NLP Tool for Hedge Funds

Custom Models Enable Traders to Process Sell-Side Research in Minutes. GreenKey’s platform includes pre-trained “Trusted Curator” base models that understand Wall Street jargon. Traders can automate topic classification and sentiment analysis so they don’t have to read thousands of pages of research, news, or earnings transcripts. NEW YORK–(BUSINESS WIRE)–#AI–GreenKey (GK), creator of natural language processing […]

Merchants & Marine Bank Establishes Commercial Presence with Local Lenders

PASCAGOULA, Miss.–(BUSINESS WIRE)–Merchants & Marine Bank (“M&M Bank”) a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTC QX: MNMB) today announced plans to establish a commercial loan and deposit production office in Hattiesburg. Led by long-time local banker Greg Hodges, the commercial banking team includes Brad Cornett who also has significant commercial banking […]

Chesapeake Bank Selects Q2’s Digital Banking Platform to Deliver “Best-in-Class” Commercial Banking Technology

Mobile-Friendly, Secure, Easy-to-Use Technology Improves Financial Experiences for Chesapeake’s Business Customers AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, and Chesapeake Bank, a community bank serving central and eastern Virginia, today announced Chesapeake Bank has implemented Q2’s “best-in-class” commercial banking technology to improve the financial […]

NAFCU Announces Partnership to Provide Credit Unions with the Blend Digital Lending Platform

ARLINGTON, Va.–(BUSINESS WIRE)–#creditunions–NAFCU Services announced today that Blend has become the newest Preferred Partner to join their program serving credit unions. The partnership was approved following a rigorous, independent review and voting process by credit union executives. Through this partnership, credit unions will have greater access to the Blend digital lending platform. Blend helps lenders […]

Paystone Gains Leader Auto Resources (LAR Inc.) Partnership Through Swift Payments Acquisition to Deliver Enhanced Growth Solutions for Automotive Sector

LONDON, Ontario & MONTREAL–(BUSINESS WIRE)–Paystone, a leading payments and software company, today announced an enhanced partnership with Leader Auto Resources (LAR Inc.), North America’s largest automotive buying group. This partnership expands the company’s footprint in the automotive industry by an additional 2,000 merchants and comes as a result of Paystone’s recent acquisition of Swift Payments, […]

LeaseLock Announces $500 Million In Leases Insured

Rapid growth extends category leadership as the pandemic accelerates deposit replacement across rental housing MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the first and only nationwide A-rated lease insurance provider that totally eliminates security deposits, surety bonds, and guarantors in rental housing, today announced it has insured leases totaling more than $500 million in value. The milestone […]

Roxe Chain Foundation Launches Supernodes Partner Program to Power a New Paradigm for Global Value Exchange

Roxe Chain Infrastructure Powers Fast, Secure, and Cost-Effective Value Transfer Applications Anywhere in the World SINGAPORE–(BUSINESS WIRE)–Roxe Chain Foundation Limited, a Singapore non-profit that owns and operates the Roxe Chain blockchain, today announced its Supernodes Partner Program outlining its key benefits and requirements, as well as how companies can apply to become a supernode. Roxe […]

PFS is Honoured to Support the World’s First COVID-19 Stimulus Payments Programme of its Kind in Jersey

LONDON–(BUSINESS WIRE)–#FinTech—PFS (a company of EML) is delighted to partner with The Government of Jersey to enable its unique spend local prepaid Mastercard initiative with 105,000 cards. It forms part of the government’s overall £150 million fiscal stimulus package to help alleviate the economic hardship caused by the pandemic. From today onwards, all eligible citizens […]

Energy Tech Venture Launches in the Middle East to Create a Regional Paradigm Shift

DUBAI, United Arab Emirates–(BUSINESS WIRE)–AFKAR Ventures, a MENA-based first mover in energy tech, brings together a team of the region’s leaders in energy, engineering, fintech, and management. The founding team consists of six globally experienced members looking to seed startups as well as invest in established companies in energy and technology. With a clear and […]

Deluxe Building FinTech Innovation and Customer Experience Centers in new Metro Atlanta Location

New Sandy Springs location to support company’s rapidly accelerating growth in FinTech, Payments and Cloud Solutions SHOREVIEW, Minn.–(BUSINESS WIRE)–Deluxe, a Trusted Business Technology™ company, today announced it is building both a FinTech Innovation Center and a Customer Experience Center in its new location in Sandy Springs, Georgia. At a meeting with Georgia Governor Brian P. […]

Cambridge and INVENT.us Reimagining and Redesigning Digital Business Environment for Independent Financial Professionals

FAIRFIELD, Iowa & SEATTLE–(BUSINESS WIRE)–Cambridge, among the leading financial solutions firms, and INVENT.us, an innovative cloud technology and consulting firm, announced today that Cambridge has selected INVENT.us and its consulting arm, INVENT Elite, to reimagine and redesign Cambridge’s financial professional experience through its comprehensive CLIC digital business environment. “CLIC Reimagined will provide Cambridge’s 3,500 independent […]

Fuel Retailers Willing to Move Quickly on EMV Compatibility Upgrades Can Save Money With TNS Incentives

Offers help owners and operators offset some upgrade costs RESTON, Va.–(BUSINESS WIRE)–The deadline for fuel retailers to support EMV payments at the forecourt to avoid the liability shift is less than a year away, yet many fuel and convenience retailers have not finished — or started — projects to upgrade their automated fuel dispenser (AFD) […]

Insurity Strengthens its Predictive Analytics Claims Solutions with ODG by MCG Partnership

Combination of ODG Guidelines for Workers’ Compensation and Insurity’s Proprietary Valen Data Consortium Yields Unprecedented Predictive Insights for Claims Management HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, Inc., a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, today announced its partnership with ODG by MCG, part of the Hearst […]

Ubiquity Retirement + Savings® Introduces Paradigm RKS(™)

First private label, cloud-based recordkeeping system designed specifically for small businesses SAN FRANCISCO–(BUSINESS WIRE)–Ubiquity Retirement + Savings® (Ubiquity), a pioneer in flat-fee small business retirement plans, has announced that its proprietary recordkeeping system Paradigm RKS(™) (Paradigm) is now available for business process outsourcing (BPO) services to institutional partners seeking to reach the historically underserved micro-plan […]

Glia Selects William Mills Agency for Public Relations

ATLANTA–(BUSINESS WIRE)–#fintech–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, has been selected by Glia for public relations services. Based in New York City, Glia is a provider of Digital Customer Service that serves more than 100 financial institutions, insurance companies and fintech providers across the globe. Glia’s […]

Retailers Meet Customer Demand to “Buy Now, Pay Later” with Installment Payment Option from Fiserv

Fanatics will offer an installment payment option through Fiserv and QuadPay BROOKFIELD, Wis.–(BUSINESS WIRE)–#BNPL–Retailers using digital commerce technology from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, can now enable customers to pay for their purchases with interest-free installment payments. For retailers, installment payments can help reduce online […]

Gold Payment App CORO Granted License in South Carolina

MIAMI–(BUSINESS WIRE)–Coro Global Inc. (OTCQB: CGLO) today announced its subsidiary Coro Corp. has been granted a money transmitter license by the State of South Carolina, Office of the Attorney General. The license will grant South Carolina residents access to CORO, which is a payment app that allows customers to exchange, send and save gold and […]

MemberPass™ App Provides Credit Unions Secure Mobile Identity to Authenticate Members Safely and Securely in a Contactless Environment

– MemberPass app the first identity wallet app built for credit union members to provide contactless, self-sovereign control over personal information – DENVER–(BUSINESS WIRE)–#creditunion—MemberPass™, the flagship contactless identity solution powered by credit union service organization (CUSO) CULedger, has launched its own mobile identity wallet app on the Apple and Google Play stores. MemberPass is the […]

B2B Payment Solutions Ltd Secures FCA AEMI Approval to Offer e-Payment Services in UK and Europe

The UK’s Financial Conduct Authority (FCA) has granted the AEMI licence to B2B Payment Solutions LTD which is part of the B2Broker Group of companies. LIMASSOL, Cyprus–(BUSINESS WIRE)–#B2BX—B2B Payment Solutions Ltd, part of the B2Broker Group of companies, is pleased to announce that the United Kingdom’s Financial Conduct Authority (FCA) has granted the company an […]

Vela Expands Fixed Income Offering with Fenics UST

Adds to DMA Platform with US Treasuries market coverage to include cash and derivatives NEW YORK & CHICAGO & LONDON–(BUSINESS WIRE)–#CashTreasuries—Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, today announced the addition of Fenics US Treasuries (Fenics UST), owned and operated by BGC Financial, to its fully-hosted and […]

Shield Compliance Partners with KeyPoint Credit Union to Serve the Legal Cannabis Industry in California

Shield platform technologies enable KeyPoint to reduce compliance costs while gaining efficiencies and competitive advantage. SEATTLE–(BUSINESS WIRE)–#CannaBanking–Shield Compliance (https://www.shieldbanking.com/), a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint has implemented Shield Assure, Shield’s compliance management tool, Shield Engage, […]

Keysight Technologies Selected by BSE to Deliver Inline Network Visibility Architecture

Keysight enables stock exchange to monitor and secure financial trading networks SANTA ROSA, Calif.–(BUSINESS WIRE)–#FinTech–Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, announced that BSE (formerly known as the Bombay Stock Exchange) has selected Keysight’s network visibility solutions to […]

Jifiti Partners with Mastercard to Scale Point of Sale Consumer Financing Solutions

Partnership provides increased choice at checkout for consumers PURCHASE, N.Y. & NEW YORK–(BUSINESS WIRE)–#fintech–As more people enter the digital economy, credit and consumer financing is evolving – providing increased flexibility for more people, catering to new shopping trends and behaviors, and empowering retailers with new experiences. To meet shifting consumer demands, Jifiti has today announced […]

Mogo Reports 130% Growth in Daily New Member Additions as Canadians Increasingly Adopt Digital Financial Solutions

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or “the Company”), one of Canada’s leading financial technology companies, today announced accelerating new member additions. Current daily new member additions are up 130% over the daily average in Q2 2020, driving continued expansion of Mogo’s member base which was over one million members at the end […]

Aviva Canada Selects CoreLogic’s Next-Generation Digital Insurance Hub to Power its Claims Business

Market leader transitions to CoreLogic solution to enhance customer experience IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, announced today Aviva Canada has adopted CoreLogic’s leading digital insurance hub. Aviva chose CoreLogic’s digital insurance hub because it enables the seamless unification of all parts of the claim supply chain […]

CSI Partners with Revation Systems for LinkLive Banking Digital Customer Service

-LinkLive Banking provides chat and video communication solutions to enhance the customer experience in digital banking channels- PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Revation Systems to offer community banks LinkLive Banking, a secure digital communications platform. The cloud-hosted communications software offers a […]

Melio Raises $144M to keep Small Businesses in Business by Simplifying their B2B Payments

Melio provides small businesses with digital payments tools to better manage their supplier payments, minimizing time and cost while maximising cash flow. Founded in April 2018, Melio has since raised $144m in investment. Investors who have led the fundraising rounds include Accel, Aleph, Bessemer Venture Partners, Coatue Management and General Catalyst, with participation from LocalGlobe, […]

i-exceed’s Appzillon Powers Bangladesh Based Mutual Trust Bank’s Fully Digital On-Boarding Solutions

BANGALORE, India–(BUSINESS WIRE)–#Appzillon—i-exceed, a leading global player for rapid digital banking transformation, has announced that it has powered ‘MEasy’, a fully digital on-boarding solution for MTB. Appzillon, a unique combination of a low-code digital experience platform and pre-built customizable digital banking solutions from i-exceed, helped in rapid development of the solutions deployed at MTB. Using […]

Fintech-Focused Startup Accelerator Seeks Applicants for 2021 Program

Initiative is Led by the Association of International Certified Professional Accountants and CPA.com NEW YORK–(BUSINESS WIRE)–The Association of International Certified Professional Accountants (the Association) and CPA.com are seeking applicants for their 2021 startup accelerator program, which specializes in accounting, finance and regulatory technology. Launched in 2017, the accelerator is open to early-stage companies in the […]