Business Wire


Charlie, the Bank for 62+ Americans, Releases Family FraudShield: A Free, Virtual Conversation Guide to Help Americans Talk with Their Older Relatives About Financial Fraud This Holiday Season

Family FraudShield Leverages the Latest Research, Data, and News in an Interactive Educational Guide for Families That Takes Just Five Minutes to Walk Through; Comes as Over $28 Billion Is Stolen from Older Americans Each Year Charlie is Releasing the Conversation Guide to the Public Just in Time for the Holidays to Help Older Americans […]

Glassbox Research Reveals Gen Z’s Holiday Spending Trends and Banks’ Opportunity to Enhance Digital & Security Services

New Research Highlights Gen Z’s Preference for BNPL, Need for Enhanced Digital Banking Features to Support Holiday Spending and Security Concerns NEW YORK–(BUSINESS WIRE)–Glassbox, the premier provider of AI-fueled customer intelligence solutions supporting 60% of U.S. banks, today unveiled research on consumer holiday spending trends, showing a surge in Buy-Now-Pay-Later (BNPL) use among Gen Z […]

Cyrannus Reinvents Venture Capital With Game-Changing Prediction Market for Early-Stage Investment

The Groundbreaking Polling Platform Unlocks Billions in Capital to Fund Promising Startups COLUMBUS, Ohio–(BUSINESS WIRE)–Cyrannus is reinventing the venture ecosystem with the first venture polling platform leveraging the collective intelligence of 1,000+ industry experts to evaluate early-stage equities and provide a prediction market for accredited investors. Backed by more than $100 million in assets under […]

Addi Secures $100 Million Credit Facility from Victory Park Capital

Colombian fintech company specializes in payment solutions for consumers and merchants BOGOTA, Colombia–(BUSINESS WIRE)–Addi, the Colombia-based fintech platform for integrated payments, shopping and banking, announced today that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit. The new facility will support […]

Beacon Launches Canada’s First Purpose-Built Wallet for Immigrants to Canada

Adding to a suite of features within the MyBeacon Super App, Beacon introduces Beacon Money—a groundbreaking digital wallet, that empowers immigrants to confidently start their new lives in Canada. TORONTO–(BUSINESS WIRE)–Beacon, a company reinventing financial services for immigrants to Canada, proudly announces the launch of Beacon Money. With an open waitlist today and launching publicly […]

Options Technology Builds Industry’s First Low Latency Tickerplant in Bergamo, Now Part of the Atlas Suite

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced the deployment of the industry’s first low latency tickerplant in Bergamo. Options has deployed localized feed handlers at the Aruba IT3 facility in the Bergamo data center to consume, translate, and broadcast normalized AtlasFeed tick data with ultra-low […]

Four Points FCU Selects Mahalo Banking to Upgrade Digital Capabilities, Improve Member Self-Service

Digital banking solution will offer modern functionalities and competitive member experience TROY, Mich.–(BUSINESS WIRE)–#automation–Mahalo Banking today announced its new partnership with Omaha, Neb.-based Four Points Federal Credit Union (‘Four Points’). The credit union selected Mahalo’s online and mobile banking solution to support its upcoming core conversion to Corelation Keystone, upgrade its digital banking features and […]

Leading Credit Unions Fund ModernFi CUSO to Drive Deposit Growth via the First Credit Union Deposit Network

Strategic credit union partners ABNB, Ascend, Corporate One, Georgia’s Own, ICCU, IH Mississippi Valley, Royal, SAFE, Service, and Suncoast join ModernFi CUSO to accelerate the growth of foundational deposit infrastructure for the credit union ecosystem. NEW YORK–(BUSINESS WIRE)–ModernFi CUSO, the preeminent solution for credit union deposit and member growth, is proud to announce the close […]

Remote Launches Benefits Solution to Empower Global Teams

Integration with insurance fintech Kota streamlines access to high-quality, compliant local health benefits while saving time and money for multinational companies LONDON–(BUSINESS WIRE)–Remote, the leading global HR platform and payroll provider, has unveiled Remote Global Benefits, allowing companies to access and manage multi-country health insurance plans without leaving the Remote platform. Powered by Kota’s infrastructure […]

Lightspeed Announces the Launch of Its New API Trading Solution, Lightspeed Connect.

Lightspeed Connect allows traders at every level the opportunity to use an institutional-grade strategy automation solution. MORRISTOWN, N.J.–(BUSINESS WIRE)–Lightspeed Financial Services Group LLC, a premiere broker for active and professional traders, announced the launch of its new API trading solution today, Lightspeed Connect. Lightspeed Connect allows retail and professional clients the opportunity to automate trading […]

EveryLife Donates Over 3 Million Diapers and 2.5 Million Wipes Since Launch in July 2023

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–EveryLife, America’s fastest-growing diaper company and a wholly owned subsidiary of PublicSquare (NYSE: PSQH), proudly announces that, through the generosity of its community and strategic partnerships, it has donated more than 3 million diapers and 2.5 million wipes since the company’s founding in July 2023. EveryLife’s donation efforts have been amplified […]

Riskified Takes a Stand Against Fraud as a Leading Supporter of International Fraud Awareness Week 2024

As holiday shopping heats up, Riskified puts a spotlight on the Safest Brands in Ecommerce NEW YORK–(BUSINESS WIRE)–Riskified (NYSE: RSKD), a leader in ecommerce fraud and risk intelligence, announced that it will be participating in International Fraud Awareness Week, taking place from November 17-23, 2024. Aligning with hundreds of global organizations, Riskified aims to elevate […]

Luma Financial Technologies and iPipeline Collaborate to Streamline Annuity and Life Insurance Solutions for Financial Advisors and Agents

CINCINNATI & EXTON, Pa.–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, announces a collaboration with iPipeline®, a leading provider of digital solutions for the life insurance, annuities, and wealth management industries. Through this collaboration, Luma and iPipeline have developed a fully integrated solution that streamlines and simplifies workflows for […]

Over 20,000 New Members Join the Credit Union Movement Via Union Credit’s Marketplace

Capital Credit Union and Municipal Credit Union among many lenders leveraging digital loan marketplace as member acquisition tool SANTA ROSA, Calif.–(BUSINESS WIRE)–Union Credit, the only marketplace for credit unions to deliver firm pre-approved, one-click credit offers at the point of purchase, today announced the success and recognition of its platform a year after launch. As […]

FTA Launches Annual “Smarter Than Scams” Campaign Ahead of Holiday Shopping Season

Campaign aims to educate consumers on how to prevent common payment scams during the holiday season and how Cash App, PayPal, and Venmo protect consumers to transact safely WASHINGTON–(BUSINESS WIRE)–Today, the Financial Technology Association (FTA) launched its annual campaign, Smarter Than Scams, to help consumers recognize and avoid common payment scams during the holiday shopping […]

DigitalOwl Announces Strategic Collaboration with ExamOne to Improve Record Retrieval and Analysis

NEW YORK–(BUSINESS WIRE)–DigitalOwl, a provider of advanced AI solutions for the life insurance and legal industries, has announced a collaboration with ExamOne, a Quest Diagnostics company. The relationship aims to enhance the services offered to both companies’ clients in the United States by improving the efficiency and accuracy of record retrieval and analysis through DigitalOwl’s […]

Advyzon Announces Auria, New Product Offering for Family Offices and UHNW Clients

Integrated solution from Advyzon Institutional redefines family wealth management CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon, a comprehensive technology platform and portfolio management solution for financial advisors and investment managers, today announced a new product offering from Advyzon Institutional called Auria. Evolving from Advyzon’s all-in-one platform, Auria is purpose built for the needs of UHNW clients and unites essential capabilities […]

Ant International Unveils its Global Sustainability Initiative ‘AquaViva’, Leveraging Digital Innovations and Ecosystem Partnerships for Marine Conservation

In partnership with Conservation International, AquaViva launches its first project – whale shark conservation in Indonesia BAKU, Azerbaijan & SINGAPORE–(BUSINESS WIRE)–At the UN Climate Change Conference (COP29), Ant International, a digital payment and financial technology leader, announced the launch of AquaViva, its new global programme for marine conservation, which aims to support healthy marine ecosystems […]

Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders

RIVERWOODS, Ill., & PANAMA–(BUSINESS WIRE)–Today, Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system, is integrating with the Discover Global Network. With this agreement, Sistema Clave users will be able to make purchases and payments at more than 70 million global acceptance locations1, […]

Trade Republic Has Passed on More Than 1 Billion Euro in Interest to Its Customers

Trade Republic set a new standard for the banking industry, by passing through the ECB interest rate directly to its customers since January 2023. This accumulated to more than 1 billion euro in interest payments in under 2 years. Europe’s largest savings platform is thus once again demonstrating its commitment to change the status quo […]

XTM Signs Exclusive Referral Agreement With KOHO for Canadian AnyDay™ Members

TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM Inc. (“XTM” or the “Company”) (CSE:PAID / FSE:7XT) a Miami, Toronto, and London-based Fintech creator of innovative payment solutions including tip-payout and certified Earned Wage Access (EWA) through its QRails AnyDay™ product and fully integrated processor, today announced that on November 12, 2024 it signed an exclusive referral agreement with KOHO Financial […]

Celero Commerce Acquires Precision Payments

NASHVILLE, Tenn.–(BUSINESS WIRE)–#Fintech–Celero Commerce (“Celero”), Tennessee’s fastest-growing financial services firm (INC 500), today announced the acquisition of Precision Payments (“Precision”), an electronic payments technology provider headquartered in Sarasota, FL. With the addition of Precision, Celero’s annual card processing volume across North America is expected to exceed $28 billion. Founded in 2009, Precision is a leading […]

Bitcoin Philanthropic Arm of Paystand Celebrates First Anniversary with the Opening of 2025 Grant Program

As Bitcoin reaches all-time highs and benefits from political support, Paystand.org expands opportunities for NGOs to apply for Bitcoin program-focused grants 40,000 individuals benefitted from Paystand.org projects in 2024 SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand.org, the philanthropic arm of pioneering fintech company Paystand focused on catalyzing circular economies through the use of Bitcoin, announced that the organization […]

Luma Financial Technologies Expands into Life Insurance, Offering the First Integrated Technology Platform Solution for Life Insurance and Annuities

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, is excited to announce its expansion into the life insurance sector. As the first platform to offer an end-to-end solution that integrates life insurance and annuities, Luma enables advisors to manage both products seamlessly through a single, comprehensive platform. This innovative […]

Communify Fincentric Appoints Nicole Nakashian as Chief Operating Officer

Former InvestCloud COO brings 25+ years of operational expertise to Communify Fincentric LOS ANGELES–(BUSINESS WIRE)–#CommunifyFincentric–Communify Fincentric, a leader in unifying the communication of market and client data through best-in-class digital experiences, today announces the appointment of Nicole Nakashian as Chief Operating Officer (COO), effective immediately. Nakashian, recognized as one of The Top 25 Financial Technology […]

TNS Partners with the Australian Payments Industry for New PCI-DSS Certified, Managed COIN Payment Network

TNS was selected by AusPayNet and COIN Members for its secure, stable and efficient managed network service SYDNEY–(BUSINESS WIRE)–Transaction Network Services (TNS) is partnering with the Australian payments industry to deliver a new fully managed infrastructure for the Australian Payment Network’s (AusPayNet) Community of Interest Network (the COIN). The COIN is a high availability, managed […]

NMI Surpasses 10 Billion Transactions, Underscoring its Scale and Leadership in Embedded Payments

SCHAUMBURG, Ill.–(BUSINESS WIRE)–NMI®, a global leader in embedded payments infrastructure, celebrates processing its 10 billionth transaction, a significant milestone that underscores NMI’s scale, impact, and sustained innovation in the payments ecosystem. Over two decades, NMI has grown into a vital force behind countless transactions, touching every corner of our daily lives. With over $225 billion […]

Majesco Secures Place in Top 50 in IDC FinTech Rankings, Reinforcing Leadership in Financial Technology

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud intelligent insurance solutions for insurance business transformation, announced today it was categorized as a 2024 IDC FinTech Rankings Top 50 solution provider, moving up from the Top 100 category in 2023. The elite list features the technology companies from around the globe that are focused on providing […]

Zafin Introduces IO Canvas, a Low-Code Builder, to Redefine Data Integration for Financial Institutions

Providing a low-code environment, IO Canvas helps banks accelerate progressive core modernization and uninterrupted business transformation while mitigating financial risks associated with traditional solutions. VANCOUVER, British Columbia–(BUSINESS WIRE)–Integrating core banking systems with new technology infrastructures has always been a complex challenge for banks, requiring significant developer resources, extensive coding, and lengthy project timelines. Zafin, a […]

Clear Street Launches Equity Research Group

Clear Street’s Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm’s Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare NEW YORK–(BUSINESS WIRE)–Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of […]

RAINBOW Doubles Down in Key Geographies By Expanding Its Restaurant Insurance Program to New Jersey, Iowa, and Virginia

Admitted Business Owner’s Policy Program Now Available to Independent Agents Across Three New States SAN FRANCISCO–(BUSINESS WIRE)–#insurtech–Rainbow, the digitally-enabled managing general underwriter specializing in tailored small business insurance products, is excited to announce the launch of its admitted restaurant insurance program in New Jersey, Virginia, and Iowa. This expansion strengthens Rainbow’s footprint across critical U.S. […]

InvestCloud to Partner with Evoke Advisors to Transform Their Digital Experience

InvestCloud reimagines RIA’s client experience through a unified digital platform designed to deepen client relationships and drive business performance and efficiency LOS ANGELES–(BUSINESS WIRE)–InvestCloud, a global leader in wealth technology, announced a strategic partnership with Registered Investment Adviser (RIA) Evoke Advisors (Evoke) to transform their digital experience. With InvestCloud’s Client Experience, Evoke’s clients, prospects, and […]

ATEC America Improves Currency Exchange International (CXI) Foreign Exchange Services with Custom Cash Management Solution

ATEC LTA-450 has already yielded critical improvements to operations EAST HARWICH, Mass.–(BUSINESS WIRE)–ATEC America, a leading cash automation specialist offering retail, gaming and banking cash management solutions, announced today that Currency Exchange International, Corp. (CXI) successfully deployed new ATEC America cash recyclers in multiple vault locations across in the United States. CXI is a publicly […]

TrustCloud Named ‘Rising Star Partner FY24 – Europe’ for SaaS Innovation at Infosys Finacle Awards

LONDON–(BUSINESS WIRE)–#BankingSecurity—TrustCloud has emerged as the ‘Rising Star Partner FY24 – Europe‘ in the SaaS category at the Infosys Finacle Partner Excellence Awards! Known for elevating security standards in digital transactions, TrustCloud is quickly making its mark with solutions that transform digital verification, encryption, and document management—offering clients a fortified shield around their sensitive data. […]

Rapid Finance Expands Availability of Rapid Access Prepaid Mastercard® to All Business Line of Credit Clients

Rapid Access Card program enables flexible fund access for small businesses BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a leading small business financing platform helping small businesses find customized solutions, announced today that following a successful pilot launch in April 2024, its Rapid Access Card is now available to all eligible Line of Credit (LOC) clients. The Rapid […]

Sutherland FinXelerate Helps Fintechs Scale Amid Growing Regulatory and Competitive Pressures

The solution enables fintechs to enhance operational efficiency without compromising innovation or agility. ROCHESTER, N.Y.–(BUSINESS WIRE)–Sutherland, a leading global business and digital transformation company, today announced the launch of Sutherland FinXelerate, a comprehensive solution designed to help fintech companies scale while maintaining innovation and business growth. Fintechs are often hampered by inefficient back-end processes that […]

ZentrumHub and Mize Unite to Revolutionize Online Travel Agencies through Advanced Technology Integration

PHOENIX–(BUSINESS WIRE)–#AI–ZentrumHub, a pioneer in travel technology, is excited to announce a strategic partnership with Mize to revolutionize Online Travel Agencies (OTAs) through advanced tech integration. This collaboration will significantly enhance ZentrumHub’s global capacity to provide innovative solutions to OTAs. Mize empowers travel companies to boost their profitability by up to 40% using AI-driven and […]

Majority of Banks and Insurers Struggle to Maximize the Value From Their Cloud Investments

Less than 40% of financial services executives say they are highly satisfied with their cloud outcomes Most banks and insurers adopt cloud solutions with the primary objective to drive operational efficiency (84%) Protecting customer data and maintaining privacy is a challenge for the industry PARIS–(BUSINESS WIRE)–The Capgemini Research Institute’s World Cloud Report for Financial Services […]

Arbolus Closes $20 Million Series B to Fund U.S. Growth

Arbolus is an expert insights platform that allows investors and consultants to gather unique insights on companies during their research and diligence process The platform is used by the world’s largest consulting companies, hedge funds and private equity investors LONDON–(BUSINESS WIRE)–#Arbolus—Arbolus, the expert insights platform, has closed on a $20 million growth equity investment led […]

Payfinia Launches CUSO with Star One Credit Union

Instant Payments Provider Receives $4.5 Million in Seed Funding Real-Time via the FedNow® Service PORTLAND, Ore.–(BUSINESS WIRE)–#CUSO—Payfinia, Inc. today launched the Payfinia Credit Union Service Organization (CUSO) to support payments modernization solutions and embedded fraud controls through an open payments platform for credit unions and industry partners. Payfinia originated in 2023 when digital banking provider […]