SYDNEY–(BUSINESS WIRE)–IDEMIA, the global leader in Augmented Identity, has signed a corporate partnership with Fintech Australia, a trade association that seeks to boost growth of the country’s Fintech ecosystem. As a global leader in payment card issuance, payment solutions, security and identity management technologies, IDEMIA will draw on its best-in-class R&D and experience to provide […]
First bankers’ bank to directly integrate with WireXchange®: FX from Fiserv, providing greater availability of international banking services to community financial institutions WALNUT CREEK, Calif.–(BUSINESS WIRE)–PCBB is the first bankers’ bank to directly integrate to WireXchange: FX from Fiserv, a web-based solution that enables financial institutions to complete end-to-end international wire transfers seamlessly. PCBB is […]
NEW YORK–(BUSINESS WIRE)–Bank of America Community Development Banking (CDB) provided a record $5.87 billion in loans, tax credit equity investments, and other real estate development solutions, surpassing last year’s record of $4.88 billion. CDB deployed $3.62 billion in debt commitments and $2.25 billion in investments to help build strong, sustainable communities through affordable housing and […]
Barclays and KB Investment invest in credit card startup that approves first-time borrowers such as international students and young adults, based on real-time cash flow, not credit score SAN FRANCISCO–(BUSINESS WIRE)–TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed funding round, with […]
MELBOURNE, Australia–(BUSINESS WIRE)–#fintech—Charles River Development, a State Street company, today announced that Retail Employees Superannuation Trust (Rest), one of Australia’s largest industry superannuation funds with approximately 1.8 million members, has selected the cloud-based Charles River Investment Management Solution (Charles River IMS) to consolidate their front and middle office operations for managing asset allocation, global equities, […]
Record Investment to Fuel New Era of Growth in Financial Services MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners – notable for backing ScaleUp SaaS companies with capital and operational support. Nymbus will leverage the latest funds to empower financial institutions […]
Company designates $50 million for its Back2Business program, designed to help small minority-owned businesses affected by COVID-19 pandemic, and associated initiatives BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that is has designated $50 million for investment in its Back2Business program and associated initiatives, […]
Platform streamlines cumbersome loan process; offers borrowers and brokers access to thousands of capital sources to secure better deal terms COLUMBUS, Ohio–(BUSINESS WIRE)–OptioLend, an online commercial real estate (CRE) lending marketplace, launched today to dramatically improve the loan application and financing process for borrowers, brokers and lenders. The platform’s launch coincides with an increase in […]
Recurring payments leader places #2 for Best Finance Product and #17 for Best Software in EMEA as part of new rankings in the annual G2 Best Software Awards, the largest software marketplace and review platform SAN FRANCISCO–(BUSINESS WIRE)–GoCardless, the leading fintech for recurring payments, today announced that it has been recognized as one of G2’s […]
STAMFORD, Conn.–(BUSINESS WIRE)–Hudson Structured Capital Management Ltd. (“HSCM”), a leading alternative asset manager focused on investments in the Re/Insurance, Transportation, and InsurTech sectors, today announced it has arranged a financing transaction with Eldridge. HSCM was founded in 2016 by former Goldman Sachs Structured Finance Head Michael Millette and former PIMCO executive David Andrews. This transaction […]
Transact Payments Powered by Cashnet is Rebranded Transact Payments PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech—Transact, the leader in innovative payment solutions for a connected campus, today announced the launch of its new “One Transact” brand campaign representing its transformation to One Vision, One Mission, One Company, and One Mindset. The enterprise-wide initiative began inside the organization and will […]
BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—Envision Bank has partnered with 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 to include ZRent and ZDeposit. Envision Bank was searching for differentiated, value-add services and selected ZSuite Technologies to better meet […]
Clair partners with Mastercard to launch new financial product that helps hard-to-reach hourly workers avoid payday loans NEW YORK–(BUSINESS WIRE)–Clair, a social impact embedded fintech startup transforming how hourly employees get paid, today announced a partnership with Mastercard to provide financial wellness for America’s 82 million non-exempt workers, building on the two companies’ shared mission […]
RICHARDSON, Texas–(BUSINESS WIRE)–ARGO, the leading provider of high-value technology and analytical-sciences software for the financial services and healthcare industries, announced the availability of ARGO Connects, designed to enable financial institutions to deploy a digitally intelligent, Omni-Channel, customer-centric delivery business model that enhances the entire consumer digital and human experience. Using consumer lifetime value information to […]
LOS ANGELES–(BUSINESS WIRE)–#banking–Cleareye.ai, a leading fintech platform that transforms banks into hyper-agile organizations, today announced it is collaborating with Microsoft. Cleareye.ai’s enterprise-ready platform will use Microsoft technology to power its products, starting with the PPP Loan Forgiveness Processing Engine, which will be powered by Microsoft Azure. This offering is a Microsoft Azure Artificial Intelligence (AI) […]
2021 Higher Education Financial Technology Trends Report Reveals that a Majority of Higher Education Institutions Relied on In-Year Forecasting to Ease Budgeting Pressures Amid the Pandemic CHICAGO–(BUSINESS WIRE)–In 2020, higher education institutions faced monumental challenges, with campuses shutting down, academic calendars shifting dramatically and enrollment numbers declining. According to Syntellis Performance Solutions’ report, 2021 Higher […]
BOULDER, Colo.–(BUSINESS WIRE)–#Fintech500–Growjo has announced the 500 fastest growing companies in the Fintech Industry for 2021. These companies have been recognized for their fast pace growth over several growth metrics including hiring trends, funding and financial data, web traffic, brand awareness growth and more, to determine companies on the up and up. Some of the […]
Enables Insurers to Reimagine Life Insurance to Accelerate Transformation, Increase Sales Efficiency, Engage with Today’s Digital Customers SAN FRANCISCO & LONDON–(BUSINESS WIRE)–EIS, a digital platform provider for insurers, announced today the expansion of its core EIS Suite™ to carriers in the life and annuities markets. Cloud-native and customer-centered, the Suite allows insurers to innovate across […]
The POSaBIT ACH payment platform integrates seamlessly with any dispensary’s point of sale and online menu SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has launched a […]
The analyst report stated that by embracing artificial intelligence, machine learning, and cloud computing, NICE Actimize continuously developed new features and functionalities for enterprise fraud management HOBOKEN, N.J.–(BUSINESS WIRE)–NICE Actimize, a NICE (Nasdaq: NICE) business, has announced that it is the recipient of the 2021 Frost & Sullivan North America Technology Innovation Leadership Award for […]
NEW YORK–(BUSINESS WIRE)–Moody’s Analytics has earned the top ranking in four categories in the new Center for Financial Professionals (CeFPro) Fintech Leaders 2021 report: » #1: Balance Sheet Risk » #1: Credit Risk » #1: Model Risk » #1: Stress Testing As a result of these wins we finished #2 in the report’s Top 50 […]
Banker turned fintech investor bolsters Curve Board, ahead of expansion into US, deeper push into Europe and launch of Curve Credit LONDON–(BUSINESS WIRE)–Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has named Anju Patwardhan as a non-executive director to the Board. Anju brings decades of […]
Company Continues to Invest to Meet Growing Demand and Accelerate Dealmaking in the Region MINNEAPOLIS–(BUSINESS WIRE)–#MnA–Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today launched local data hosting capabilities in Australia to help local dealmakers get deals done quickly and easily, including helping them comply with the Australian Privacy Principles […]
LOS ANGELES–(BUSINESS WIRE)–Kayne Partners, the growth equity strategy of Kayne Anderson Capital Advisors, L.P. (“Kayne” or the “Firm”), a leading alternative asset management firm with over $32 billion under management, continued its success in the media and supply chain sectors in 2020. Kayne Partners was very active last year in those sectors, having invested […]
LD Micro Index Up 35.72% for 2020 Index Up 34.21% YTD (as of the close, Friday, February 5th) 1,189 Total Companies in Index 423 Companies Added to the Index LOS ANGELES–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced […]
acxell has been acquired in a management buyout with a 100% acquisition of ownership EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#banking–Led by Mr. Philip Gonzalez (Managing Director) and Ms. Melissa Taylor (Operations Director), a senior management group at acxell has acquired full ownership of the firm formerly known as P&G Auditors and Consultants, LLC, d/b/a P&G Associates (“P&G”). […]
BRISBANE, Australia–(BUSINESS WIRE)–”Ultimately, in a financial services business – it’s all about the numbers,” according to Rob Shore, Group Chief Financial Officer at EML. Speaking in a fascinating conversation, he reveals his scientific mindset of testing and learning have remained consistent themes in his life. He is very excited about the company’s 3-year Accelerator strategy. […]
The Huntsman V2 Analog keyboard stars Razer’s new cutting-edge Analog Optical Switches with the ability to fully adjust and set dual-step actuations for the finest degree of gaming control. IRVINE, Calif.–(BUSINESS WIRE)–#analog–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the new Razer Huntsman V2 Analog – a feature-packed […]
Together Helping More Financial Institutions Accelerate Innovation with Breakthrough Digital Payments MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers. According to a new NYDIG consumer survey, more than 22 percent […]
HONG KONG–(BUSINESS WIRE)–DAEM Technology Limited (DAEM Technology), a wholly owned subsidiary of ixFintech Group, announced its new product, the ixWallet. ixWallet is a truly distributed ledger wallet, meaning that all the user savings are on the blockchain. It allows users to send/ receive digital assets, as well as to review the ixCrypto Index. The wallet […]
TULSA, Okla.–(BUSINESS WIRE)–On Wednesday, January 27th, 2021 Vast Bank, N.A. (Vast) successfully executed an end-to-end cryptocurrency transaction. In doing so, Vast believes it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on behalf of a customer and directly from their bank account. This accomplishment represents […]
Expedites Single API Financial Data Integration between FIs and SMEs SAN FRANCISCO–(BUSINESS WIRE)–#APIs–TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. The partnership provides Codat’s FI clients with direct access to a software engineering […]
Deal to consolidate Trustmark’s servicing stack to expand their customer-first, community-focused footprint and drive fast evolution to support consumer needs KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark . Jackson, MS-based Trustmark offers […]
New Insurance Venture Founded by Industry Leader Mitch Blaser, Backed by Long-Term Investor Golden Gate Capital HAMILTON, Bermuda–(BUSINESS WIRE)–Mosaic, a next-generation global specialty insurer combining newly-formed Lloyd’s Syndicate 1609 with sophisticated underwriting talent, has launched operations in Bermuda, London, the United States and Asia. Mosaic is founded by seasoned industry executive Mitch Blaser, who serves […]
PPP support and an increased need for lending efficiencies positioned the company to help an expanding customer base of community bankers as they support small business needs SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, today shared highlights from an eventful 2020, including […]
Breaks the limitations of classical mechanics by introducing a quasi-quantum effect Expected to accelerate complex problem-solving in finance, pharmaceuticals and logistics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (collectively Toshiba), industry leaders in solutions for large-scale optimization problems, today announced the Ballistic Simulated Bifurcation Algorithm (bSB) and the Discrete Simulated Bifurcation Algorithm […]
Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), has expanded into Japan in support of the TransferWise launch of their multi-currency […]
With 84% of SMEs feeling frustrated by lacklustre business banking offerings, banks must accelerate digital innovation roadmaps to retain customers and attract new ones LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today released a new report highlighting SME frustrations with business banking services. The survey showed that digital banking services have been vital for […]
LONDON–(BUSINESS WIRE)–#banks—United Fintech has entered the Market Data & RegTech space with the acquisition of German fintech, TTMzero. United Fintech has taken a 25% stake in the market leading firm, with the intention of increasing to 80% over the next three years. The acquisition is in line with its strategy of acquiring and scaling innovative […]
Grants and Affordable Loans Have Already Helped Nearly 21,000 Individuals In Low- and Moderate-Income Communities Become Homeowners CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it will triple its affordable homeownership initiative to $15 billion through 2025, aiming to help more than 60,000 individuals and families to purchase homes. First launched in 2019 as a $5 […]
