Business Wire


Skyway Capital Markets Advises UCPM, LLC on Minority Growth Investment from Bregal Sagemount Basecamp

TAMPA, Fla.–(BUSINESS WIRE)–#EnvironmentalInsurance–Skyway Capital Markets, LLC (“Skyway Capital”) is pleased to announce that UCPM, LLC (“UCPM”) has received a minority growth investment from Bregal Sagemount (“Sagemount”), a growth-focused private equity firm. The Sagemount investment was from its inaugural $500 million small-cap fund, Bregal Sagemount Basecamp I (“Basecamp” or the “Fund”). Skyway Capital served as the […]

CLARA Intensifies Focus on Actionable Claims Document Intelligence

Claims Document Intelligence Pro Optimizes Adjuster Effectiveness With Valuable Risk Insights SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI–Today, CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, launched Claims Document Intelligence Pro, a major milestone in the evolution of its transformative insurance claims AI platform. The introduction of Claims DocIntel Pro (formerly CLARA […]

Writer Releases State-of-the-Art Specialized LLMs to Revolutionize Healthcare and Financial Services AI Applications

#1 Benchmarked Palmyra-Med-70b and Palmyra-Fin-70b now available as open models on NVIDIA API catalog, Baseten, and Hugging Face, empowering developers with powerful, highly accurate tools to build and deploy industry-specific AI applications. Palmyra-Fin-70b becomes the only financial services model available as an NVIDIA NIM inference microservice and the first LLM that can pass the CFAⓇ […]

Introducing InvoiceAgility: An Integrated Capture and e-Invoicing Network Solution that Simplifies Accounts Payable Processes through AI-Powered Automation Resulting in Unmatched Speed, Accuracy and Compliance

IRVINE, Calif.–(BUSINESS WIRE)–#ap–Tungsten Automation announces the launch of InvoiceAgility, a new, integrated capture and e-Invoicing Network solution that simplifies accounts payable (AP) processes while eliminating friction and empowering financial operations through AI-powered workflow automation. Supply chain complexities, ever-changing regulations and growing fraud are overloading AP teams. InvoiceAgility eliminates those complexities to accelerate invoice processing, reduce […]

LibreMax Capital Partners with iCapital® to Expand Access to Securitized Products and Asset-Backed Finance

LibreMax’s Investment Strategy Now Available on iCapital Marketplace for Wealth Managers and Advisors NEW YORK–(BUSINESS WIRE)–LibreMax Capital, LLC (“LibreMax”), an asset management firm specializing in securitized products and asset-backed finance, today announced that it has entered into a partnership with iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management […]

TELUS Digital Experience Launches Fuel EX, an Enterprise-Safe Generative AI Solution for Employee Productivity and Knowledge Search

Fuel EX stands out as a pioneering employee AI assistant, enabling businesses to harness the power of multiple GenAI models for everyday tasks while keeping sensitive information secure VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International, rebranding to TELUS Digital Experience (TELUS Digital) later in the third quarter (NYSE and TSX: TIXT), has launched Fuel EX, an enterprise-safe […]

Western Circle Announces Groundbreaking AI Technology to Enhance Responsible Access to Online Funding Across the UK

LONDON–(BUSINESS WIRE)–#ai–Western Circle, a leader in providing financial help to UK consumers, is excited to announce the integration of its new AI technology. This technology aims to make money more responsibly accessible to more people in the UK. It underscores Western Circle’s ongoing mission to use innovative technology to address personal finance challenges and support […]

The Bahamas Introduces Transformative Digital Asset Legislation: The DARE Act 2024

The Bahamas Leads with DARE Act 2024 NASSAU, The Bahamas–(BUSINESS WIRE)–The Securities Commission of The Bahamas (the Securities Commission) today announced the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) has been passed into law by the Parliament of The Bahamas, in a pacesetting move that solidifies the country’s position as a leader in […]

Langley FCU Launches Deposit Accounts With Blend, Achieves 37% Growth In New Digital Account Openings

Partnership also delivered significant improvements in member experience, back-end efficiency, and banker training SAN FRANCISCO–(BUSINESS WIRE)–Blend, a leading provider of digital banking technology, is pleased to announce the successful implementation of its Deposit Accounts solution at Langley Federal Credit Union (Langley). Since its launch in March 2024, the credit union has reported significant improvements in […]

KYND Launches US Cyber Risk Analysis for Insurers

Award-winning British solutions provider brings simple, actionable platform to U.S. for easier, more proactive cyber risk portfolio management and resilience AUSTIN, Texas–(BUSINESS WIRE)–#cyberinsurance–KYND Limited, a trailblazing cyber risk solutions provider dedicated to demystifying complex cyber risk analysis, today announced its official launch in the United States. This expansion brings KYND’s innovative and simplified approach to […]

Confluence Helps Clients Achieve Compliance with SEC Tailored Shareholder Reporting

Confluence’s industry-leading solution successfully completed TSR filings for fund administrator and asset manager clients PITTSBURGH–(BUSINESS WIRE)–Confluence Technologies, Inc. (“Confluence”), a global financial technology solution provider for regulatory, analytics, and investor communications, announced today that its industry-leading Unity platform suite of products went live and completed filings for the U.S. Securities and Exchange Commission’s (SEC) Tailored […]

Tenet Energy and Sunnova Team Up to Promote Clean Home Energy Adoption with Solar and Electric Vehicles

Tenet and Sunnova join forces to offer exclusive promotions for consumers interested in sustainable energy options throughout their homes and vehicles NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that they have entered into a collaboration with Sunnova Energy International […]

RISR Partners With Journey Strategic Wealth, Equipping Advisors With Comprehensive Business Owner Engagement Tools

Journey Strategic Wealth’s advisors can now offer business owner clients more personalized plans through all-inclusive data and insights PHILADELPHIA–(BUSINESS WIRE)–#BusinessOwners—RISR, the first comprehensive business owner engagement platform for financial advisors, has joined forces with Journey Strategic Wealth (“Journey”), a nationwide advisory firm with a mission to be the premier platform for advisors seeking support around […]

PublicSquare to Ring New York Stock Exchange Closing Bell

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America’s leading commerce and payments ecosystem valuing life, family, and liberty, will ring the closing bell at the New York Stock Exchange today, July 30, 2024, in celebration of its first anniversary of being a public company. Michael Seifert, Chairman and Chief […]

CSI Launches Expanded Developer Portal, Fortifies Focus on Community Bank Partnerships and Fintech Integrations

New enablements help community banks accelerate integrations, reduce costs and improve efficiency PADUCAH, Ky.–(BUSINESS WIRE)–CSI, a leading provider of end-to-end financial software and technology, announced today a new Developer Portal with features that make it easier for community bank partners to integrate applications from third-party developers via open APIs. In addition to a growing list […]

EarnUp Launches AI Advisor, An On-Demand Financial Guru Empowering Users With Hyper-Personalized Insights & Guidance

The industry’s first-ever context-aware conversation agent instantly analyzes users’ real-time banking and credit data to answer complex financial questions and provide tailored product recommendations SAN FRANCISCO–(BUSINESS WIRE)–EarnUp Inc., a financial wellness fintech company, announced today its newest product, AI Advisor, the industry’s first and only always-on AI-powered financial guru that helps to automate end-to-end consumer […]

Capitolis Launches Fast-Track Novations Technology, First of its Kind in the FX Options Market

Improved technology and processes allow participants to fast-track tear-ups via the Capitolis Novations platform NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company creating safer and more vibrant capital markets, announced it has successfully launched its fast-track Novations technology with the execution of a same day tear-up. Reaching this milestone—the first of its kind in the foreign exchange […]

Monto Exits Stealth With $9 Million in Seed Funding to Bring Order to B2B Payments Chaos

Israeli fintech company, backed by Scale Venture Partners, expands to U.S. with AI platform that has already helped enterprise companies get paid close to $1 billion NEW YORK–(BUSINESS WIRE)–Monto, the first-of-its-kind AI connector designed for any ERP, today exited stealth with $9 million in seed funding to bring order to B2B payments collection chaos. Monto […]

Taktile Named Category Leader in Decision Management Platforms by G2 for Summer 2024

NEW YORK–(BUSINESS WIRE)–Taktile, the next-generation decision platform, is proud to announce its recognition as a Category Leader in the Decision Management Platforms category by G2 in its Summer 2024 report. G2 is a leading technology software and services review platform that aggregates real-time, authentic user reviews and utilizes this data to publish quarterly reports and […]

NICE Actimize Named Most Innovative Client Onboarding & Lifecycle Management Platform by 2024 A-Team Innovation Awards

The award highlighted NICE Actimize X-Sight Onboard, its advanced analytics and fully automated workflows HOBOKEN, N.J.–(BUSINESS WIRE)–#Actimize—NICE Actimize, a NICE (NASDAQ: NICE) business was named a category winner as ‘Most innovative Client Onboarding & Lifecycle Management” solution in A-Team Group’s 2024 Innovation Awards competition. The winners for these awards were selected by A-Team Group’s editorial […]

Estu – The Ultimate Financial App to Enhance Student Life is Now Live, Powered by Mbanq

NAPLES, Fla.–(BUSINESS WIRE)–#BankingasaService–Mbanq, a global leader in Banking-as-a-Service (BaaS), announces the launch of Estu, a financial and lifestyle mobile app for students in the USA, powered by Mbanq’s digital finance technology and compliance solutions. Estu’s app is live. It offers students a seamless way to manage their finances with an account and debit card, as […]

AeroShield Materials Announces Opening of New Manufacturing Facility, $5M Additional Funding to Produce Cutting-Edge, Energy Efficient Technology for Built Environment

WALTHAM, Mass,–(BUSINESS WIRE)–AeroShield Materials, an MIT spin out developing cutting-edge technology for energy efficiency applications in the built environment, announced today the opening of their new manufacturing facility in Waltham, Massachusetts and the close of $5M in additional funding with participation from existing investors Massachusetts Clean Energy Center and MassVentures as well as new investor […]

10x Banking Launches World’s First ‘Meta Core’ to Help Banks Achieve Full Transformation Faster

10x Banking unveils the world’s first ‘meta core’ platform for banks – a fast, straight-forward and derisked path to full transformation LONDON–(BUSINESS WIRE)–#banking–10x Banking, the cloud-native core banking platform, has today announced the launch of a new category of core technology – a ‘meta core’ designed to help banks and financial services accelerate towards full […]

MNT-Halan Expands Into Turkey With the 100% Acquisition of Market-leading Finance Company Tam Finans

─Following another successful fundraising round, Egypt’s first and only unicorn expands further internationally– ─Strategic move materially increases Egypt-born MNT-Halan’s revenues, total addressable market, and its ability to deliver transformative financial solutions– CAIRO–(BUSINESS WIRE)–#digitaldisruption–MNT-Halan, Egypt’s largest non-bank financial institution and fintech, has acquired Tam Finans, a leading commercial finance company in Turkey with a loan book […]

Options’ QUB Rowing Partnership Leads Stars to Paris 2024 Olympics

BELFAST, Ireland–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, is proud to announce that its impactful partnership with Queen’s University Belfast (QUB) Rowing has helped enable club member Nathan Timoney, to represent Ireland at the Paris 2024 Olympics. Nathan Timoney, 24, hailing from Enniskillen, has made a remarkable journey from playing for the Senior […]

Tenet Energy Proves Out Lender Network with Service Credit Union to Drive EV Adoption

Service Credit Union and Tenet Energy Inc. partner for seamless electric vehicle financing and a reliable source of new member growth NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, has partnered with Service Credit Union (“Service CU”), a leading member-owned financial institution, […]

EDS to Power Canopy Investors’ Research Management and Portfolio Construction Processes

Growing demand from fund startups to adopt a scalable, advanced workflow and analytics platform NEW YORK–(BUSINESS WIRE)–#assetmanagement–Equity Data Science, Inc. (“EDS”), an investment process management (IPM) software provider that delivers decision-support and productivity tools to hedge funds and asset managers, announced today that Canopy Investors, a boutique global small and mid-cap equities manager, has deployed […]

KEO World Expands Automated B2B Finance and Payment Solutions to Canada

MIAMI–(BUSINESS WIRE)–KEO World (KEO), a leading B2B digital payments and inventory financing fintech, is expanding its core solution, Workeo, to Canada with the help of Amex Business Link™, a B2B payments infrastructure. KEO’s Workeo solution provides digital lines of credit in multi-currency and for cross-border payments, and through the Amex Business Link capabilities, buyers and […]

Alpaca Extends Partnership with Citadel Securities to Unlock Japanese Investor Demand for US Stocks and Options Trading

SAN MATEO, Calif.–(BUSINESS WIRE)–Alpaca, an API-focused brokerage that operates a modern infrastructure for stocks, ETFs, and options trading and serves hundreds of financial services businesses globally, and Citadel Securities, a leading global market maker, today announced an extension of their strategic partnership in Japan to jointly leverage their expertise in brokerage infrastructure, trade execution and […]

FICO Survey: 1 in 3 Indonesians Reject Bank, Credit Card Applications Over Complex ID Checks

In a digital-first world, identity verification must not hinder new business JAKARTA, Indonesia–(BUSINESS WIRE)–(NYSE: FICO) Highlights Ease of use is the top priority for Indonesians, followed by good fraud protection Two in three consumers expect to answer 10 questions or less or they will abandon a savings account application Identity checks are on the rise […]

Cross River Celebrates 16 Years of Trailblazing Innovation, Inclusion and Giving

Provided Life-Changing Access to Credit to Nearly One Hundred Million Customers and Facilitated Nearly One Billion Payment Transactions for Consumers When and Where Needed Started in the Midst of 2008 Financial Crisis to Deliver Financial Resources to Those in Need with the Goal of Being a Different Type of Institution, Bent on Making a Difference […]

RapidFort Enhances SASM Platform with Cutting-Edge STIG Compliance Toolset

New features will help government and commercial companies more easily achieve and maintain compliance with common industry benchmarks SAN FRANCISCO–(BUSINESS WIRE)–RapidFort, a leading innovator in cybersecurity pioneering Software Attack Surface Management (SASM), has added a new compliance capability to its platform to help both government and commercial organizations benchmark their container images against the Security […]

ROH Crosses $100 Million in Booking Value Created as Hotel Operators, Owners and Brands Tap Payments and Revenue Management Platform to Increase Profitability

Industry-first, consolidated platform partners with leaders including Auberge Resorts Collection, Crescent Hotels & Resorts, Evolution Hospitality and Loews Hotels & Co NEW YORK–(BUSINESS WIRE)–#SaaS—ROH, the hospitality industry’s first payments and revenue management platform designed to help hotels increase profitability, today announced that over $100 million in booking value has run through the platform as hotel […]

Plynk® and Teach For America Announce Alliance to Support Teachers’ Financial Wellness

Program includes educational webinar to provide knowledge and skills that can help kickstart investing journeys BOSTON–(BUSINESS WIRE)–Plynk®, the app designed to simplify investing and help investors grow their knowledge, today announced its alliance with education nonprofit and leadership development organization Teach For America. The new relationship emphasizes the Plynk team’s dedication to enabling financial empowerment, […]

Portage and Taktile Unveil the Top 50 Fintech Companies Disrupting US Consumer Finance in 2024

Global investment platform, Portage, and next-generation risk decision platform, Taktile, join forces to showcase US fintech companies at the forefront of consumer finance innovation NEW YORK–(BUSINESS WIRE)–#FinancialServices—Portage, a global investment platform, in collaboration with Taktile, a next-generation risk decision platform, proudly presents “The Top 50 US Fintech Companies Disrupting Consumer Finance in 2024.” This comprehensive […]

SRA Watchtower Taps William Mills Agency for Public Relations Services

ATLANTA–(BUSINESS WIRE)–William Mills Agency, North America’s largest independent public relations and marketing firm specializing in financial technology, has been selected by SRA Watchtower, a Glen Allen, Va.-based financial technology services firm, and the provider of Watchtower, The Holistic Risk Intelligence Platform™, to lead its public relations program. SRA Watchtower, formerly known as Strategic Risk Associates, […]

Gulf Coast Bank Chooses Spiral to Boost Customer Savings and Community Impact Through Everyday Banking

Gulf Coast Bank adds Spiral to allow customers to grow their savings effortlessly and support charitable causes of their choice through everyday purchases and digital banking accounts. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with Gulf Coast Bank, an LA-based community bank known for its customer care and dedication to […]

Q2 Helps VeraBank Grow and Strengthen Commercial Client Relationships

VeraBank recognized as 2024 Q2 Excellence Award Bank of the Year for achieving impactful customer and strong business outcomes AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced VeraBank as the 2024 Q2 Excellence Award – Bank of the Year for achieving record results in […]

Blu Launches "Mass Market" Credit Card With 50,000 Waitlist

FinTech Confirms Market Readiness for Mastercard® Credit Card in Mexico MEXICO CITY–(BUSINESS WIRE)–Blu Financiero (“Blu”), a FinTech company using big data and AI to underwrite the underbanked population in Mexico, has announced the launch of its “mass market” credit card. The credit card has a 99% approval rate and can be obtained without a formal […]

Green Check Expands Unified Cannabis API Offering for New Cannabis Market Entrants and Legacy Businesses

New API and data tool removes barriers to entry for new cannabis market participants, while providing unprecedented insights to incumbents BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Today, Green Check (GC), the leading fintech provider of financial service solutions and industry insights in the cannabis market, announced the expansion of Green Check Access (GCA): the first-of-its-kind cannabis API and […]

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