Business Wire

Future of Work is Here: SemperVirens Venture Capital to Bridge Emerging HR Technology with Fortune-200; Announces Executive Advisory Board of Leading Chief Human Resources Officers thumbnail

Future of Work is Here: SemperVirens Venture Capital to Bridge Emerging HR Technology with Fortune-200; Announces Executive Advisory Board of Leading Chief Human Resources Officers

SAN FRANCISCO–(BUSINESS WIRE)–#betterformsofHR–SemperVirens Venture Capital, a leading early stage venture capital fund focused on technology transforming work, health, and financial wellness, announced today that it has established an Executive Advisory Board of leading CHROs focused on the future of work. The Executive Advisory Board will leverage their deep experience managing human capital at scale to […]

JPMorgan Chase to Launch Digital Consumer Banking in the U.K.

JPMorgan Chase to Launch Digital Consumer Banking in the U.K.

New digital bank will use Chase brand, headquartered in London with a contact centre in Edinburgh. The business has already created over 400 jobs in the U.K. and is planning additional hires as the business grows. Launch of consumer-facing bank will deepen JPMorgan Chase’s commitment to the U.K. and its communities. LONDON–(BUSINESS WIRE)–JPMorgan Chase (NYSE: […]

Ault Global Holdings’ Coolisys Power Electronics Business Receives Purchase Order for 5,000 Electric Vehicle Charging Units thumbnail

Ault Global Holdings’ Coolisys Power Electronics Business Receives Purchase Order for 5,000 Electric Vehicle Charging Units

LAS VEGAS–(BUSINESS WIRE)–$AP #ACECool–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its power electronics business, Coolisys Technologies Corp. (“Coolisys”), has received a purchase order for 5,000 ACECool™ 7kW residential electric vehicle (“EV”) charging systems for an aggregate of $1.75 million and expects to receive orders for a […]

Alter Domus Announces Creation of 100 Jobs in Ireland

Alter Domus Announces Creation of 100 Jobs in Ireland

Continuing expansion of its European Centre of Excellence in Cork as demand for cross-border fund administration and asset servicing grows CORK, Ireland–(BUSINESS WIRE)–Alter Domus (“Alter Domus” or the “Company”), a leading provider of integrated solutions for the alternative investment industry, announces the creation of 100 new jobs, substantially increasing headcount at its European Centre of […]

Token Secures $15m Series B to Power Open Payments Across Europe thumbnail

Token Secures $15m Series B to Power Open Payments Across Europe

SBI Investment, Sony Innovation Fund by IGV and existing investors back Token to unlock new value in open banking digital payments LONDON & BERLIN & SAN FRANCISCO–(BUSINESS WIRE)–Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well […]

TransferWise and Visa Announce Global Partnership Following Successful Collaboration on Cloud Technology thumbnail

TransferWise and Visa Announce Global Partnership Following Successful Collaboration on Cloud Technology

TransferWise to expand debit card program accompanying its multi-currency account into dozens of new markets using new Visa Cloud Connect infrastructure SAN FRANCISCO & LONDON–(BUSINESS WIRE)–#Cloud–Visa (NYSE: V) and TransferWise today announced a global partnership and the first use of Visa Cloud Connect, a new way for fintechs and partners to securely connect Visa’s global […]

ZSuite Technologies Experiences Significant Growth, Entering 2021 with Momentum thumbnail

ZSuite Technologies Experiences Significant Growth, Entering 2021 with Momentum

Company ends 2020 with new partnerships, improved digital tools and continued commitment to helping financial institutions compete in an ever-changing landscape BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—ZSuite Technologies, a financial technology company offering digital tools that helps businesses and individuals automate collection of recurring payments and manage escrow deposits, to increase low-cost, core deposits and leverage digital channels, […]

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online thumbnail

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online

Lenders using Numerated to process PPP loans are seeing 82 percent of businesses choosing to apply online, with 9 out of 10 businesses reporting high levels of satisfaction BOSTON–(BUSINESS WIRE)–COVID-19 has accelerated the shift to digital across industries, and commercial banking is no exception. Banks and credit unions representing more than $1 trillion in combined […]

Oxygen and Fundera Partner for Fast Distribution of Second-Round Paycheck Protection Program Loans thumbnail

Oxygen and Fundera Partner for Fast Distribution of Second-Round Paycheck Protection Program Loans

Digital Banking Leader and Small Business Lending Platform partner to Streamline PPP Loan Process SAN FRANCISCO–(BUSINESS WIRE)–Digital banking leader Oxygen today announced that it has partnered with Fundera, the go-to financial marketplace for small and medium-sized businesses (SMBs) to compare multiple loans instantly, to streamline the application and distribution process for the latest round of […]

Wolters Kluwer’s GRC Division Wins Best Place to Work and Leadership Accolades thumbnail

Wolters Kluwer’s GRC Division Wins Best Place to Work and Leadership Accolades

  NEW YORK–(BUSINESS WIRE)–#BestPlaceToWork–Wolters Kluwer’s Governance, Risk & Compliance (GRC) division has won four major accolades, recognizing it as a “Great Place to Work.” The awards, all decided by independent editorial panels, celebrate Wolters Kluwer GRC as a global employer that values its staff, recognizes and promotes talent from within and fosters a collaborative and […]

Fidelity Investments Introduces Technology Solution to Help Advisors Grow Their ESG Investing Practices thumbnail

Fidelity Investments Introduces Technology Solution to Help Advisors Grow Their ESG Investing Practices

Fidelity ESG ProSM, developed in Fidelity Labsi, helps advisors create ESG model portfolios and proactively engage clients with ESG investing opportunities  More than two-thirds of Gen YZ and Gen X investors think it is very important for their advisors to include ESG investments in their portfoliosii, yet fewer than one in three advisors are very […]

Leaders Credit Union Goes Live with Sensibill for Digital Receipt Management thumbnail

Leaders Credit Union Goes Live with Sensibill for Digital Receipt Management

Digital receipt management solution supports credit union’s mission to help members strengthen financial health TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, today announced that Jackson, Tenn.-based Leaders Credit Union has launched the company’s digital receipt management solution to help […]

ETFLogic and TSX Inc. Collaborate to Deliver Innovative Analytics to Canada’s ETF and Wealth Management Industry thumbnail

ETFLogic and TSX Inc. Collaborate to Deliver Innovative Analytics to Canada’s ETF and Wealth Management Industry

NEW YORK–(BUSINESS WIRE)–ETFLogic, a leading Fintech analytics company, today announced a collaboration agreement with TMX Group Limited’s subsidiary TSX Inc., to provide advanced analytics to ETF issuers, financial advisors, fund managers, corporate investor relations professionals, and all other professionals involved in the wealth management industry in Canada. “We are very excited to be expanding our […]

Online Automotive Retailing Takes a Major Step Forward With AutoFi’s Lending as a Service thumbnail

Online Automotive Retailing Takes a Major Step Forward With AutoFi’s Lending as a Service

New business division offers enterprise customers a more flexible finance solution for vehicle purchase SAN FRANCISCO–(BUSINESS WIRE)–#LaaS–Building on the strength of its digital retail platform, AutoFi has launched a new business division focused on the automotive industry’s largest enterprises. Emanating from this division is the company’s new Lending as a Service (LaaS) offering. The service […]

Software Industry: Nexway™ Reinforces the Customer Experience Capabilities of its Monetize Personalized Growth Platform thumbnail

Software Industry: Nexway™ Reinforces the Customer Experience Capabilities of its Monetize Personalized Growth Platform

NEXWAY, THE PARIS-BASED E-COMMERCE, AND PAYMENT LEADER IS EXPANDING TO NEW MARKETS AND CONSOLIDATING ITS ROBUST PLATFORM TO RESPOND TO THE CHALLENGES OF TODAY’S PAYMENTS WORLD AND TO REMAIN AS DYNAMIC AS THE CURRENT SHIFTING DIGITAL ECONOMY LANDSCAPE. PARIS–(BUSINESS WIRE)–#ecommerce—Nexway, a leading software and service company for e-commerce and payments, is very excited to launch […]

Matrix Executions Announces 2021 Plans After Quadrupling Volumes and Increasing Market Share in 2020 thumbnail

Matrix Executions Announces 2021 Plans After Quadrupling Volumes and Increasing Market Share in 2020

Firm completes record year in revenues, product development, client acquisition, and volume executed, with several client-requested solution rollouts planned for Q1 2021 CHICAGO–(BUSINESS WIRE)–#algo—Matrix Executions, LLC (“Matrix”), a broker-dealer specializing in trading workflow automation and execution, today laid out the road ahead for the firm on the heels of a successful 2020. Matrix captured an […]

CCG Catalyst Consulting, Arizona Bankers Association Announce The Arizona Fintech Council

CCG Catalyst Consulting, Arizona Bankers Association Announce The Arizona Fintech Council

New initiative will connect fintechs across the world with US financial institutions to drive product and service innovation. PHOENIX–(BUSINESS WIRE)–CCG Catalyst Consulting (CCG Catalyst) and the Arizona Bankers Association (AzBA) have partnered to create the Arizona Fintech Council (AZFC) to spur economic growth in the state and bring viable and promising fintech companies to Arizona’s […]

Mogo Completes Acquisition of Digital Payments Company Carta Worldwide

Mogo Completes Acquisition of Digital Payments Company Carta Worldwide

Transformational deal combines leading Canadian fintech with over 1 million members with next-gen payments technology platform that processed over $5.0 billion in transaction volume in 2020 Adds B2B payments platform addressing the $2.5 trillion global payments market1 Christopher Payne joins Mogo’s Board of Directors VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), […]

ACI Worldwide Selected to Participate in Federal Reserve’s Pilot Program for its Upcoming Real-Time Payments Offering—the FedNow Service thumbnail

ACI Worldwide Selected to Participate in Federal Reserve’s Pilot Program for its Upcoming Real-Time Payments Offering—the FedNow Service

OMAHA, Neb.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it has been selected by the Federal Reserve Banks to participate in the pilot program for its upcoming FedNow Service, a new real-time payments service. The program will support development, testing and adoption of the […]

NGL Acquires Everplans, Laying a Foundation for Expansion to Become a Digital Leader in the Insurance and Employee Benefit Landscape thumbnail

NGL Acquires Everplans, Laying a Foundation for Expansion to Become a Digital Leader in the Insurance and Employee Benefit Landscape

MADISON, Wis.–(BUSINESS WIRE)–#acquisition–National Guardian Life Insurance Company (NGL) is pleased to announce the acquisition of Everplans, a New York City-based digital life-planning and organization company. Everplans will remain a separate entity and operate as a wholly owned subsidiary of NGL. Together these companies will be able to provide families across the country with easy, affordable […]

Customers Bank Among the Top PPP Round 3 Lenders thumbnail

Customers Bank Among the Top PPP Round 3 Lenders

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bank has well over 50,000 Paycheck Protection Program (PPP) loans in process and expects to begin work on tens of thousands of additional applications in coming days, announced the $19 billion Pennsylvania-based super community bank. Earlier this week, the Small Business Administration opened the PPP loan application process for banks with […]

Rellevate and Richard Petty Announce the Richard Petty Icon Gift and Reward Cards thumbnail

Rellevate and Richard Petty Announce the Richard Petty Icon Gift and Reward Cards

Portions of the proceeds to be given to Victory Junction STAMFORD, Conn.–(BUSINESS WIRE)–Rellevate, Inc., a fintech company dedicated to empowering consumers through leading-edge financial and payment services, announced today a multi-year licensing and distribution agreement with Richard Petty. The partnership will allow fans to buy gift and reward cards depicting Richard Petty, “The King,” an […]

BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Five Municipal Closed-End Funds

BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Five Municipal Closed-End Funds

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock Municipal Income Investment Quality Trust (NYSE: BAF), BlackRock MuniHoldings Fund II, Inc. (NYSE: MUH) and BlackRock MuniHoldings Quality Fund, Inc. (NYSE: MUS), the requisite votes of shareholders of BAF, MUH and MUS have approved the reorganization […]

Fortune Writer and Author Jeff John Roberts Hosts ‘Bevel, Books and Bourbon’ to Discuss “Kings of Crypto: One Startup's Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street" thumbnail

Fortune Writer and Author Jeff John Roberts Hosts ‘Bevel, Books and Bourbon’ to Discuss “Kings of Crypto: One Startup’s Quest to Take Cryptocurrency Out of Silicon Valley and Onto Wall Street"

Roberts, author of newly released “Kings of Crypto,” leads virtual discussion on January 27th as part of Bevel’s members-only virtual book series NEW YORK–(BUSINESS WIRE)–Bevel, a strategic communications firm with category-leading clients in finance, tech and venture capital, has announced their first virtual event of 2021 as part of the firm’s members-only ‘Bevel, Books and […]

Victory Insurance Expands its MGA Program to 47 States in Under Two Months with Insurity’s Highly-configurable ‘Workers’ CompXPress’ Solution thumbnail

Victory Insurance Expands its MGA Program to 47 States in Under Two Months with Insurity’s Highly-configurable ‘Workers’ CompXPress’ Solution

“Insurity was able to deliver what others couldn’t.” (Keith Brownfield, CEO, Victory Insurance) Victory’s carrier and MGA partners now able to enter new states in less than 30 days HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based systems for insurance carriers, brokers, and MGAs, today announced that Victory Insurance has expanded its Workers’ CompXPress implementation […]

Paystone Closes $69 Million Financing Round thumbnail

Paystone Closes $69 Million Financing Round

LONDON, Ontario & MONTREAL, Quebec–(BUSINESS WIRE)–Paystone, a leading payments and integrated software company, announces the closing of $69 million in strategic financing from Canadian Business Growth Fund (CBGF) and National Bank of Canada. The funds will be used to fuel growth in customer engagement services and electronic payment processing solutions. “This financing round accelerates Paystone’s […]

Artis Technologies Selected for ICBA ThinkTECH Accelerator thumbnail

Artis Technologies Selected for ICBA ThinkTECH Accelerator

Initiative Advances Progressive Community Bank-Fintech Collaboration in the New Year ATLANTA–(BUSINESS WIRE)–#communitybanks–Artis Technologies today announced its participation in the Independent Community Bankers of America (ICBA) third annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center. The ICBA ThinkTECH Accelerator program fosters fintech-community bank collaboration. “Artis is excited to join the ICBA ThinkTECH Accelerator program […]

Unique Digital Infrastructure Creates New Connectivity in Crop Insurance thumbnail

Unique Digital Infrastructure Creates New Connectivity in Crop Insurance

Farmers Edge and Hudson Insurance Company strike partnership to deliver a high-tech, omnichannel experience that redefines how insurers, agents, and growers interact with data WINNIPEG, Manitoba & NEW YORK–(BUSINESS WIRE)–#Agriculture—Farmers Edge™, a global leader in digital agriculture, and Hudson Insurance Company (Hudson), a top specialty insurer, today announced a partnership to enhance the insurance cycle […]

Tinubu® Square Announces Technological Collaboration With Microsoft thumbnail

Tinubu® Square Announces Technological Collaboration With Microsoft

This collaboration advances Tinubu Square’s innovative digital solutions to a new competitive edge using Microsoft Power BI, the top Business Intelligence software on the market PARIS–(BUSINESS WIRE)–#bi—Tinubu Square, the market leader for enterprise software solutions to Credit and Surety Insurers, announces cooperation with Microsoft, the leading provider in Business Intelligence solutions. Olivier Placca, Tinubu Square […]

Temenos Hits Milestone of 60 Challenger Bank Clients, Confirming Status as Technology Provider of Choice thumbnail

Temenos Hits Milestone of 60 Challenger Bank Clients, Confirming Status as Technology Provider of Choice

Temenos’ front-to-back SaaS solution helps challenger banks create hyper-efficient cost models, get to market faster and rapidly launch innovative personalized products Temenos adds new services to its SaaS offering for challengers including enhanced SME onboarding and origination and multi-currency accounts for highly-competitive digital experiences Temenos launches Sandbox to give banks self-service access to experiment with […]

LifeYield Helped Advisors Create $11B of Potential Retirement Wealth in 2020 thumbnail

LifeYield Helped Advisors Create $11B of Potential Retirement Wealth in 2020

Social Security Advantage® reveals $2.4B in added retirement income in Q4 2020 for personal investors benefiting from LifeYield’s technology BOSTON–(BUSINESS WIRE)–LifeYield LLC, the market leader in cloud-based solutions helping advisors maximize retirement income for their clients, today reports advisors using LifeYield’s Social Security Advantage® tool between Oct. 1, 2020, and Dec. 31, 2020, have added […]

Mogo Introduces 1% Bitcoin Cashback Rewards

Mogo Introduces 1% Bitcoin Cashback Rewards

A first-of-its-kind reward program in Canada VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers, today announced that their first-of-its-kind bitcoin rewards program has been extended to include the Mogo Visa* Platinum Prepaid Card (“MogoCard”) and digital spending account. Beginning […]

Future Looks Bright as Global VC Funding Soars to $300.5 Billion in the Second Biggest Year for VC Funding in a Decade – Signals Positive Outlook, According to KPMG thumbnail

Future Looks Bright as Global VC Funding Soars to $300.5 Billion in the Second Biggest Year for VC Funding in a Decade – Signals Positive Outlook, According to KPMG

Strong Q4’20 shows VC-backed companies raising $80.8 billion globally across 5,418 deals China attracts five largest VC deals globally in Q4’20, including three over $1 billion 2020 sees record annual VC investment of $164.3 billion and $49 billion achieved in Americas and Europe TORONTO–(BUSINESS WIRE)–Despite global uncertainty resulting from a number of ongoing events including […]

Ault Global Holdings’ Coolisys Power Electronics Business Announces Opening of Sales Office in Las Vegas, Nevada for Its ACECoolTM and ACECool™ Hybrid Fast Electric Vehicle Charging Systems for Commercial Applications thumbnail

Ault Global Holdings’ Coolisys Power Electronics Business Announces Opening of Sales Office in Las Vegas, Nevada for Its ACECoolTM and ACECool™ Hybrid Fast Electric Vehicle Charging Systems for Commercial Applications

LAS VEGAS–(BUSINESS WIRE)–$AP #ACECool–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that its power electronics business, Coolisys Technologies Corp.® (“Coolisys”), has opened a sales office in Las Vegas, Nevada for commercial electric vehicle (“EV”) applications including its ACECool™ Dynamic DC Fast Quartile EV charging system and ACECool™ Hybrid, a […]

Wattpad Board of Directors Approves Agreement to be Acquired by Naver, the South Korean Internet Conglomerate and Home of WEBTOON™, a Leading Global Digital Comics Platform thumbnail

Wattpad Board of Directors Approves Agreement to be Acquired by Naver, the South Korean Internet Conglomerate and Home of WEBTOON™, a Leading Global Digital Comics Platform

The acquisition will align Wattpad and WEBTOON™, two leading comics, entertainment, and storytelling companies, with a combined global monthly audience of 160M people. The cash and stock transaction valued at more than an estimated USD $600 million will fuel continued global growth for Wattpad. The company will remain headquartered in Canada. TORONTO & SEOUL, South […]

SellersFunding Opens Full Suite of Financial Tools to Walmart Sellers thumbnail

SellersFunding Opens Full Suite of Financial Tools to Walmart Sellers

Enabling Business Success With Walmart’s High Volume, Low Margin Sales Model NEW YORK–(BUSINESS WIRE)–#banking—SellersFunding, a global fintech leader providing funding solutions for eCommerce businesses, announced the offering of its full line of financial tools to sellers on the Walmart marketplace. Walmart sellers can now take advantage of up to $1 million in working capital, daily […]

Music Royalties Inc. Launches Private Placement Offering on DealSquare thumbnail

Music Royalties Inc. Launches Private Placement Offering on DealSquare

Alternative Non-Correlated Passive International Streaming Income Distributed Via Monthly Dividends TORONTO–(BUSINESS WIRE)–Music Royalties Inc. (“MRI”), a diversified portfolio owner of 27 iconic catalogs of songwriter, manager, producer and sound recording interests, announces the launch of a $20 million private placement offering on DealSquare under the symbol “SONGS”. Powered by NEO technology, DealSquare is a joint […]

Digital Vault Services GmbH launches its market solution for Digital Guarantees thumbnail

Digital Vault Services GmbH launches its market solution for Digital Guarantees

MUNICH–(BUSINESS WIRE)–#digital–Digital Vault Services GmbH (www.digitalvaultservices.com) is pleased today to announce the launch of Guarantee Vault, its solution for digital guarantees which went live on the 18 January 2021. Guarantee Vault is a central register for the issuance and safe keeping of digital guarantees. It gives banks & sureties the possibility to centrally issue and […]

Walser Automotive Group x PICO Venture Partners Announce FUSE Autotech thumbnail

Walser Automotive Group x PICO Venture Partners Announce FUSE Autotech

MINNEAPOLIS–(BUSINESS WIRE)–#autoindustry–Walser Automotive Group, in partnership with PICO Venture Partners, announces the launch of FUSE Autotech, a finance management platform that redefines the car buying process. FUSE automates the entire automotive purchase and finance experience with a cloud-based AI predictive finance management system. FUSE’s fintech software platform enables dealerships to convert more deals with higher […]

MIRADOR, LLC a Finalist in Consolidated Reporting at the FAMILY WEALTH REPORT AWARDS thumbnail

MIRADOR, LLC a Finalist in Consolidated Reporting at the FAMILY WEALTH REPORT AWARDS

DARIEN, Conn.–(BUSINESS WIRE)–#FWRAwards2021—Mirador, LLC is honored to announce it has been selected as a finalist in the Consolidated Reporting category at the Family Wealth Report Awards 2021. This is the second year in a row that Mirador has been acknowledged as a ‘best-in-class’ provider of consolidated reporting services and solutions. Mirador is a leading provider […]

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