Business Wire


CTBC Brand Campaign Gives Gratitude to Employees

TAIPEI, Taiwan–(BUSINESS WIRE)–CTBC Financial Holding Co., Ltd.’s (CTBC Financial Holding) has released a short film titled ‘A simple thank you (如常‧謝謝你)’ on Dec. 28 to express thanks to all the employees for their efforts during the COVID-19 pandemic. Directed by Hsiao Ya-chuan (蕭雅全) and uses “Thank You” by artist Summer Lei (雷光夏) as background music, […]

Customers Bancorp Listed in Kiplinger’s 6 Best Financial Stocks to Buy in 2021

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bancorp (NYSE:CUBI) was recently identified as one of the “best financial stocks to buy” in 2021 by Kiplinger. The publication looked at the financial sector, one of the hardest-hit segments of the market, to identify the most promising investment opportunities following the Federal Reserve’s move to give big banks the approval […]

Simplify Asset Management to Announce Four New Exchange-Traded Funds: Fintech, Pop Culture, RoboCar and Cloud/Cybersecurity

NEW YORK–(BUSINESS WIRE)–$QQC–Paul Kim and David M. Berns, Ph.D, co-founders of Simplify Asset Management (“Simplify”) have announced the launch of four new bleeding-edge ETFs in the following areas: financial technology, pop culture and media, robotic cars and clean energy along with cloud and cybersecurity. Details for the ETFs are now live at simplify.us/etfs. The pace […]

Emerge Announces Final Annual Distributions for Emerge ARK ETFs

TORONTO–(BUSINESS WIRE)–Emerge Canada Inc. (“Emerge”) today announced the final special year-end non-cash notional, reinvested income and capital gains distributions per unit (the “Distribution”) for Emerge ARK ETFs for the 2020 tax year, following continued growth of the funds. There is a reduction in the distribution per unit previously announced for EARK, EAGB and EAAI as […]

Extend Reaches New Heights in 2020

Extend continues to lead the sector in digital issuing services for commercial card programs—creating accessible virtual card solutions for everyone’s payment needs. NEW YORK–(BUSINESS WIRE)–Extend was founded three years ago with one mission: to democratize access to modern payment experiences. Since inception, major investors including Point72 Ventures, FinTech Collective, Reciprocal Ventures, Royal Bank of Canada […]

Mogo to Make Corporate Investment in Bitcoin

All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions through its mobile app, today announced that it plans to make an initial corporate investment of up to $1.5 million in bitcoin and will consider additional […]

Harris Williams Advises TractManager on its Sale to symplr

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TractManager, a portfolio company of Arsenal Capital Partners (Arsenal), on its sale to symplr, a portfolio company of Clearlake Capital Group, L.P. (Clearlake). TractManager’s technology and professional services optimize the business of healthcare through contracting, sourcing and provider management […]

Golden Falcon Acquisition Corp. Announces Closing of $345 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Golden Falcon Acquisition Corp. (NYSE: GFX.U) (the “Company”) announced today that it closed its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $345,000,000. The units are listed on the New York Stock […]

Ahead of Expected Launch in March 2021, INX Provides a Sneak Peek of Their Proprietary Digital Asset Trading Platform

The digital asset platform that launched the first SEC-registered security token IPO in history unveils a demo version of its trading infrastructure NEW YORK–(BUSINESS WIRE)–#bitcoin—INX Limited (“INX” or the “Company”), the global blockchain-based exchange for trading digital assets, unveils the demo version of its trading infrastructure (demo.trading.inx.co). INX aims to open for trading during the […]

Q2 Announces Immediate Availability of End-to-End Paycheck Protection Program (PPP) Solution

Cloud-based PPP solution provides 100% digital loan origination and forgiveness, dramatically increasing lenders’ processing capacity ahead of latest Covid-19 relief package, quickly getting money into the hands of businesses that need it AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the availability of its […]

LifeRaft Launches to Build a Reliable Health Expense Safety Net Designed for Real Life

Company raises $3.5 million in seed funding for proprietary technology that modernizes and simplifies supplemental health insurance OAKLAND, Calif.–(BUSINESS WIRE)–#healthcare—LifeRaft, a new insuretech company that makes simple, flexible and cost-effective supplemental health insurance products, came out of stealth mode today and launched its platform to offer people supplemental health options and solutions designed for real […]

IBD Launches Financial Literacy Program for Students and Young Adults

Educational initiative is designed to empower a new generation to learn, save and grow on the path to financial freedom LOS ANGELES–(BUSINESS WIRE)–Investor’s Business Daily (IBD), a leading financial news and research organization, today announced that it’s launching an educational program called IBD Moneyworks. True to IBD’s vision of inspiring and empowering financial freedom, Moneyworks […]

MAXEX Launches ESG Loan Programs for Minority, Women and Veteran-Owned Lenders

Company collaborates with J.P. Morgan to address the growing needs of lenders in underserved segments of the U.S. mortgage market ATLANTA–(BUSINESS WIRE)–#ESG–MAXEX today announced the launch of the first two programs in its new Environmental, Social and Corporate Governance (ESG) business line. The initial programs are designed to support the growth of minority, women and […]

Purpose Investments Crosses $10 Billion in Assets Under Management, Donates to Second Harvest and Commits to Volunteering in Honour of Milestone

Growth in assets driven by continued focus on our clients’ success and innovation in risk management TORONTO–(BUSINESS WIRE)–Purpose Investments Inc. (“Purpose”), the innovative asset management firm and investment arm of Purpose Financial, is pleased to announce that its assets under management (AUM) have surpassed $10 billion, marking a significant milestone in its eight-year history. In […]

Intuit QuickBooks Debuts New Campaign to Spotlight Small Businesses’ “Journey to Success”

Integrated Campaign Builds on QuickBooks’ Backing You Campaigns; Features Baseball Legend and Investor Alex Rodriguez to Inspire Business Success MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit (NASDAQ: INTU) QuickBooks announced the launch of the next phase of its global “BACKING YOU” campaign, demonstrating again how QuickBooks helps small businesses achieve prosperity. Intuit first launched the “BACKING YOU” […]

FinTech Innovators Partner to Turn NLP into Dollars

CHICAGO & SAN FRANCISCO–(BUSINESS WIRE)–#AlternativeData–Vectorspace AI in partnership with CloudQuant announce the availability of novel datasets that reveal relationships between global equity products. Vectorspace AI datasets are designed to boost precision, accuracy, signal or alpha based on Natural Language Processing and Understanding (NLP/NLU) using the VXV utility token wallet-enabled API. Data can be viewed as […]

Bluevine Capital Chooses Medallia For Experience Management

SAN FRANCISCO–(BUSINESS WIRE)–Medallia, Inc. (NYSE: MDLA), the global leader in experience management, today announced that Bluevine Capital has selected Medallia as its experience management platform of choice. “It is very exciting to see an innovative, small-business-focused fintech leveraging Medallia’s technology to deliver exceptional experience to their thousands of digitally-focused business owners,” said Elizabeth Carducci, chief […]

Abaxx Technologies Goes Public on NEO Exchange

TORONTO–(BUSINESS WIRE)–$ABXX #listing—NEO is proud to welcome Abaxx Technology Corp. Ltd. (“Abaxx” or the “Company”), a development stage financial technology business and global commodities exchange, as they launch today on the NEO Exchange. Abaxx is now available for trading under the symbol NEO:ABXX. Founded in 2018, Abaxx develops software tools that enable commodity traders and […]

Alliance Manchester Business School Partners With Global Executive Education Provider Emeritus to Address New Challenges in the World of Business, Health and Finance

LONDON–(BUSINESS WIRE)–#AMBS–Alliance Manchester Business School (AMBS) is partnering with online education provider Emeritus to create a series of online executive education courses, aiming to provide those in management and c-suite positions with essential new skills and knowledge to thrive in an increasingly digital workplace. The first three courses will cover data science, digital transformation in […]

Finicity Announces Secure Data Access Agreement with Brex

Finicity Extends Direct API Integrations to Fintechs; Will Allow Brex Customers to More Easily and Securely Permission Data with Third-Party Apps and Services SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Brex, a company that is reimagining financial […]

IVP 2020 in Review – Ten New Investments and a Growing Team for Investing in and Serving High Growth Technology Companies

MENLO PARK, Calif.–(BUSINESS WIRE)–IVP, a premier later-stage and growth equity firm, today shared a summary of key milestones for the last 12 months, a memorable year that despite many challenges saw the technology industry emerge stronger than ever. During 2020, IVP announced ten new investments as the firm continues to invest actively in high growth […]

Multi-State AAA Preferred Service Provider United Towing & Transport Joins the eMaxx Group Captive Program

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx Assurance Group of Companies (eMaxx), a provider of insurance program administration, risk management, and technology today announced that United Towing & Transport, a premier multi-state AAA Preferred Service Provider has joined the group captive program for AAA roadside assistance providers. “eMaxx welcomes United Towing & Transport as a new Member to the […]

Redspin, a Division of CynergisTek, Announces Approval to Perform Work for 300,000 Suppliers to the Defense Industrial Base Significantly Expanding Addressable Market

One of only a handful of organizations accepted into the CMMC Certified Third-Party Assessor Organization (C3PAO) and Registered Provider Organization (RPO) programs. AUSTIN, Texas–(BUSINESS WIRE)–$CTEK #C3PAO—CynergisTek, (NYSE AMERICAN: CTEK), a leading cybersecurity firm helping organizations in highly regulated industries navigate emerging security and privacy issues, today announced that Redspin, a division of CynergisTek, received approval […]

Business, Economics & Work on the Cusp of Seismic Reset, Research From SourceCode and Douglas Rushkoff Concludes

Exacerbated by COVID, 2021 will be dominated by a shift from runaway growth to regenerative models; from Unicorns to Zebras; from capital to competence, and heralds a workforce demanding intrinsic rewards over compensation NEW YORK–(BUSINESS WIRE)–#TrendSights—SourceCode Communications, a New York-based technology communications agency, today launches the first in a series of TrendSights Reports, Vol 1: […]

Elevation Offers Affordability for Single-Family Renters by Adopting LeaseLock Zero Deposit

Northwest Arkansas single-family rental housing operator secures nearly $3,000 in coverage on every new lease MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the leading insurtech software platform that automates deposits out of leasing while providing enhanced lease insurance protection for rental housing operators, today announced Elevation Real Estate and Management has implemented LeaseLock Zero Deposit™ across its […]

InterPrice Technologies, Inc. Forms a Diversity Firm Advisory Council

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, Inc., a woman-owned early-stage debt capital markets fintech platform, announces the formation of a diversity broker dealer advisory council. The council will consist of Academy Securities, CastleOak Securities, L.P., Ramirez & Co., Inc., R. Seelaus & Co., LLC, and Siebert Williams Shank. “We are deeply committed to diversity and inclusion, and […]

Andersen Global Initiates Expansion Into Malta

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Andersen Global continues to expand its European coverage through a Collaboration Agreement with law firm Chetcuti Cauchi Advocates and associated corporate services firm CCA Interserv Ltd based in Valletta, Malta. Chetcuti Cauchi, recognized by Chambers and Partners, Legal 500 and IFLR1000, serves entrepreneurs, family businesses and institutions with local and international needs. Led […]

Altimetrik Launches Digital Lending Platform for Mid-Tier Banks

New financial services platform is among the first few point solutions developed and launched by Altimetrik as it builds digital business enablement products DETROIT–(BUSINESS WIRE)–Online lending has surged in each of the last several years even though satisfaction among online borrowers is far lower than those taking loans from traditional banks. This opportunity for mid-tier […]

Numerated to Fully-Automate the Next Round of Paycheck Protection Program Lending; Announces New Features & 48-Hour Launches for Banks & Credit Unions

100+ lenders are using Numerated to manage PPP lending and Forgiveness BOSTON–(BUSINESS WIRE)–Numerated, the leading business lending technology company for banks and credit unions, announced today it will fully-automate lending for the next round of Paycheck Protection Program (PPP) funding being negotiated in Congress to address the coronavirus pandemic. During the first round of PPP […]

Revance Reports Positive Efficacy and Duration Results from Phase 2 Upper Facial Lines Study

– Open-label study of DaxibotulinumtoxinA for Injection in the combined treatment of glabellar lines, forehead lines and crow’s feet lines showed efficacy of none or mild wrinkle severity in at least 92 percent of subjects at Week 4 – – Median time to return to baseline wrinkle severity was at least 33 weeks (7.6 months) […]

United Insurance Holdings Corp. Announces Transfer of Business in Northeast to HCI Group, Inc.

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–$UIHC—United Insurance Holdings Corp. (NASDAQ: UIHC), a property and casualty insurance holding company (“UPC”) and HCI Group, Inc. (NYSE: HCI), an InsurTech company with operations in insurance, software development and real estate (“HCI”), have reached an agreement in principle to transfer UPC’s personal lines business in four Northeast states of Connecticut, New […]

Premier Bank Selects CSI for Strategic, Customer-Centric Core Banking Services

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Dubuque, Iowa-based Premier Bank ($390 million in assets) has selected its NuPoint® core platform in order to offer more strategic and reliable banking solutions that can evolve in lockstep with its customers. Premier Bank began evaluating new […]

Global Processing Services (GPS) Selected to Join Mastercard’s Fintech Express Programme

Announcement follows GPS’ recent sweep at the Emerging Payments Awards, sponsored by Mastercard, including securing the highly coveted Leading Emerging Payments Organisation award LONDON–(BUSINESS WIRE)–Leading issuer processor, Global Processing Services (GPS), today announces it has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express […]

Emerge Announces Annual Distributions for Emerge ARK ETFs

TORONTO–(BUSINESS WIRE)–Emerge Canada Inc. (“Emerge”) today announced the special year-end non-cash notional, reinvested income and capital gains distributions per unit (the “Distribution”) for Emerge ARK ETFs for the 2020 tax year. The record date for the Distribution is December 22, 2020, payable on December 31, 2020. Details regarding the Distribution amounts are as follows: Fund […]

ABD Total Solution Transforms the Business Insurance Experience for Emerging VC-backed Technology and Life Science Companies

ABD’s new digital platform, coupled with risk consulting and unmatched experience from world-class experts, means VC-backed technology and life science companies can now secure the exact business coverage needed in a fraction of the time. SAN FRANCISCO–(BUSINESS WIRE)–#ABD—ABD Insurance and Financial Services, a leading national full-service insurance brokerage and consulting firm, today announced the launch […]

MCO ranks at Deloitte Technology Fast 50 Awards

DUBLIN–(BUSINESS WIRE)–#Deloittefast50–Conduct risk compliance technology company, MCO, ranked at the 2020 Deloitte Technology Fast 50, a ranking of the 50 fastest growing technology companies in Ireland. It is the first year that MCO appears in the rank after four years of constant growth. The Deloitte rank is based on average revenue growth over four years, […]

Patriot Bank Selects ZSuite Technologies to Grow Core Deposits with ZRent and ZDeposit

Community bank to offer niche, vertical-focused tools BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—Patriot Bank has partnered with ZSuite Technologies, a financial technology company offering digital tools that helps businesses and individuals automate collection of recurring payments and manage security deposits, to increase low-cost, core deposits and leverage digital channels. Through this partnership, Patriot Bank has become the first […]

Turbonomic Third Quarter Revenue Up 78% Year-Over-Year

Modern Applications Require a Modern Hosting Platform’s Capabilities BOSTON–(BUSINESS WIRE)–Turbonomic, the leader in Application Resource Management (ARM) announced third quarter revenues increased 78 percent driven by customers’ needing to simplify and trust application performance assurance through AIOps. Today, Turbonomic is the only platform that understands the infrastructure and network resources needed to assure performance and […]

OCTO Telematics Announces OCTO IoT4Insurance on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace

OCTO’s customers can now benefit from OCTO IoT4Insurance ROME–(BUSINESS WIRE)–#connectedinsurance–OCTO today announced it has launched OCTO IoT4Insurance on Salesforce AppExchange, empowering customers to determine individual Policyholder driving behavior that favors their engagement and cross-selling. Insurance marketing and sales teams can build campaigns selecting the target from their portfolio in order to propose a motor line […]

CyberGRX Drives Significant Growth in 2020; Advances Global Third-Party Cyber Risk Market

Company brings enhanced efficiency to TPCRM programs through market expansion, proprietary research and product enhancements DENVER–(BUSINESS WIRE)–CyberGRX, provider of the world’s first and largest global cyber risk exchange, demonstrated impressive growth in 2020. In a year marked by seismic shifts and challenges, CyberGRX evolved their proprietary, data-forward approach to third-party cyber risk management (TPCRM), fulfilling […]