Business Wire


BankShift Launches Nationwide For Consumers To Manage And Transact On All Of Their Financial Accounts In One App

PORTLAND, Ore.–(BUSINESS WIRE)–BankShift by ShiftSense, Inc. launches a new Fintech product that enables customers to view and transact with their financial accounts. Poised as the solution to multiple logins, expensive transfer fees, and disparate user experiences across financial institution apps, BankShift promises to simplify digital banking, while boosting the value of banks’ digital footprints. In […]

Atria Wealth Solutions Partners with Riskalyze to Empower Financial Professionals with Holistic View on Client Risk

Riskalyze to be fully integrated into Atria’s enterprise technology ecosystem AUBURN, Calif.–(BUSINESS WIRE)–#Atria—Riskalyze, the company that serves tens of thousands of financial advisors with risk alignment and portfolio analytics, and Atria Wealth Solutions, Inc. (Atria), a multi-channel wealth management solutions holding company, today announced a new partnership that equips nearly 2,500 financial professionals registered through […]

New Fifth Third Momentum® Banking Offers Checking with No Monthly Fees and a Simple Digital Account Opening Experience

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, announced today its launch of Fifth Third Momentum® Banking, a program focused on solving our customers’ everyday banking needs. Fifth Third Momentum is a robust solution that helps customers get paid, pay bills, pay others and save for the future. Some of the key features include a checking account […]

GiveSignup Closes Series A Funding Round To Compete With Eventbrite, GoFundMe and Classy

The First Purpose-Built Event and Donation Platform for Nonprofits Launches Into $50B+ U.S. Market for Online Giving as Virtual Events Heat Up and Live Events Return CloudBees founder and former Eventbrite CFO invest 100+ new nonprofits onboarding weekly to base of 9,000+ nonprofits Highly vertical technology stack delivers 2,000+ annual updates with zero downtime MOORESTOWN, […]

FINCAD Launches Accounting CVA Services for Japanese Financial Institutions

Cloud-based Services Allow Japanese Banks to Prepare and Report New IFRS Requirements VANCOUVER, British Columbia–(BUSINESS WIRE)–#confidenceinrisk–FINCAD, a pioneer in providing pricing, modeling, and risk analytics, today announced it has launched a new cloud-based service, enabling Japanese financial institutions to evaluate, account for and report credit valuation adjustments (CVA) and debit value adjustments (DVA) to meet […]

Buckle Adds Crash Risk Data from TNEDICCA to Auto Insurance Underwriting for Better, Fair Rates for TNC Drivers

Buckle continues to champion for gig drivers by utilizing non-traditional data sources from TNEDICCA to fairly underwrite comprehensive auto policies at better rates JERSEY CITY, N.J. & COLUMBUS, Ohio–(BUSINESS WIRE)–#TNC—Buckle, a tech-enabled financial services company, announced that crash risk solutions from TNEDICCA®, the leader in location-based traffic crash intelligence and predictive analytics, is enabling the […]

Tipalti Grows Revenue by More Than 85%, Increases Annualized Transactions to More Than $18 Billion

B2B fintech with $2 billion+ valuation accelerates employee growth, adds new executives SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, the leading global payables automation platform, announced it grew its revenue by over 85% in Q4 2020 relative to Q4 2019. Tipalti continued its rapid growth surpassing $18 billion in annualized transactions in the second half of 2020, up […]

Successful ETF Entrepreneur Returns, Levels the Playing Field with ASYMmetric ETFs™

Darren Schuringa, who co-founded Exchange Traded Concepts and Yorkville ETF Advisors acquired by Van Eck in 2015, kicks off new venture with Series A round NEW YORK–(BUSINESS WIRE)–Seasoned hedge fund manager and ETF industry veteran Darren Schuringa is getting back into the ETF issuer game. Today, ASYMmetric ETFs™ and Schuringa announce the closing of its […]

CB Financial Services, Inc. Announces Implementation of Branch Optimization Initiatives

Community Bank to Invest in Infrastructure, Technology and Customer Experience WASHINGTON, Penn.–(BUSINESS WIRE)–$CBFV–CB Financial Services, Inc. (NASDAQGM: CBFV) (“CB Financial” or “the Company”), the holding company of Community Bank, today announced the implementation of strategic initiatives to improve Community Bank’s financial performance and to position the bank for continued profitable growth. Community Bank intends to […]

Show You Mean Business With the Outstanding Video Quality of the New Razer Kiyo Pro Webcam

With industry-leading video capability under any lighting conditions, Razer’s new webcam delivers studio quality images for a professional level of video conferencing IRVINE, Calif.–(BUSINESS WIRE)–#gaming–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the Razer Kiyo Pro, a USB camera with a high-performance Adaptive Light Sensor to deliver market-leading […]

i2c Partners with Zytara for Digital Banking Platform

Leading fintech company creates the world’s first digital bank for Millennials, Gen Z gamers and esports enthusiasts REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with fintech company Zytara, the pioneering digital banking platform and payment network designed for Millennials, Gen Z gamers and esports […]

Luma Partners with Insurance Technologies to Bring Annuities Solution to Market

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected Insurance Technologies, LLC, provider of FireLight®, a multi-carrier end-to-end insurance and retirement sales platform, as its latest partner to bring their annuities solution, “Luma Annuities,” to market. The Luma platform, which is backed by three of […]

Astra Launches Automated Bank Transfer API for Financial Institutions and Fintech Companies

Company’s technology platform enables fast, programmatic bank-to-bank transfers at a 99.999% reliability rate SAN FRANCISCO–(BUSINESS WIRE)–Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced the official release of its transfer automation platform designed for financial institutions and fintech companies. The company’s transfer automation platform enables its customers to offer fast, programmatic transfers […]

Wolters Kluwer Lien Solutions Earns Three Major Product Innovation Awards

iLien Motor Vehicle, Portfolio Sync, and iLien for Main Street recognized for excellence HOUSTON–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Lien Solutions has won three major industry accolades for excellence in product innovation. Two of its solutions—iLien Motor Vehicle and Portfolio Sync—have earned “Product of the Year” distinctions in Finance Monthly magazine’s hotly contested 2021 FinTech Awards, while its […]

Heritage Global Inc. Completes Buy Now Pay Later (BNPL) Debt Sales

SAN DIEGO–(BUSINESS WIRE)–Heritage Global Inc. (Nasdaq: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that its financial asset sales division, National Loan Exchange (NLEX), has successfully closed the sale of a $25 million portfolio of BNPL charged-off accounts. According to Dave Ludwig, President […]

Overbond and Rapid Addition Form Strategic Alliance to Bring Interoperability and Market Connectivity to Bond Trading Automation

The collaboration gives fixed income traders around the globe the ability to harness the precision analytics, industry-leading speed, and extensive market coverage of Overbond AI alongside Rapid Addition’s high performance electronic messaging platform to automate up to 50% of RFQs. TORONTO & LONDON–(BUSINESS WIRE)–#ai–Overbond’s fixed income artificial intelligence (AI) now offers protocol and system agnostic […]

Funnel’s Revolutionary Online Leasing Tools Enables Renting an Apartment in 10 Minutes or Less

Industry-First FinTech Integration Reduces Time and Fraud TAMPA, Fla.–(BUSINESS WIRE)–The new apartment rental experience is here, and renters are opting for tools that make leasing simpler. Last year, Funnel announced their Online Leasing platform would be available in beta format for existing clients, and today, the impact on the industry is already being felt. Currently, […]

Access Softek Adds AI-enabled Agent Advisor to Live Chat Solution

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced the launch of Agent Advisor the latest feature of its Live Chat solution. Agent Advisor utilizes artificial intelligence (AI) to recognize customer queries submitted via live chat and immediately provides auto-populated responses that call center staffers can push to the customer. Using AI, […]

FundGuard Closes $12 Million Series A Funding Round to Accelerate Growth of First AI-Powered Investment Management Enterprise SaaS Platform

Investment will drive product development, entry to new markets and grow the executive team NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round. The financing is being led by Team8 and existing investors Blumberg […]

Lightspeed Partners with dLocal to Power Payments for Independent Merchants in Mexico

Partnership between global commerce leader and emerging market financial technology unicorn provides reliable payment technology tailored to specific needs of Mexican SMBs SAN FRANCISCO–(BUSINESS WIRE)–dLocal, the foremost payment platform connecting global merchants to emerging markets, and Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced a new partnership. The […]

TELUS International and Google Cloud Announce Expansion of Long-Term Strategic Partnership to Drive Enterprise Digital Transformation

Joint go-to-market strategy to initially focus on application migration, infrastructure modernization and Contact Center AI Partnership expands on TELUS International’s 10-year relationship with Google, reflecting growth and customer demand for Google Cloud solutions and technology VANCOUVER, British Columbia–(BUSINESS WIRE)–Today, TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and […]

First National Bankers Bank Partners with KlariVis to Provide Comprehensive Data Analytics Solution

KlariVis, a cloud-based data analytics platform, enters strategic alliance with First National Bankers Bank to expand its footprint in the southeast ROANOKE, Va.–(BUSINESS WIRE)–#analytics—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, has entered into a strategic partnership with First National Bankers Bank (FNBB). KlariVis compiles and aggregates high-value, actionable […]

Open Banking a Global Revolution in Progress, Finds Economist Intelligence Unit Report for Temenos

● Nearly half (45%) of global banking executives are set on transforming their business models to become digital ecosystems ● Open bank hub initiatives, giving customers the option to connect their bank data with third-party providers, is the second most chosen innovation strategy globally, cited by 29% of respondents ● This independent report discusses open […]

VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech

Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second best year ever Cybersecurity-focused investment […]

 Atlantic-Pacific Processing Systems and Global Oculus to Pilot Digital Currency Payment Acceptance

 Technology to Include Real-Time Acceptance Infrastructure, APIs and Integrations that will Enable Consumers to Pay for Purchases with Cryptocurrency LAS VEGAS–(BUSINESS WIRE)–#Bitcoinhyper–Atlantic-Pacific Processing Systems NV, Corp. (APPS), a leading fintech white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and digital currency solution provider, today announced they have partnered to […]

BlackRock to Launch the “Aladdin Data Cloud” Powered by Snowflake

Snowflake Selects BlackRock as the Preferred Partner for the Investment Management Industry NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE:BLK) and Snowflake (NYSE:SNOW) today announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. […]

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 […]