Business Wire


Eris Innovations Closes Strategic Investment Round Tied to Eris SOFR Product Launch at CME Group

Eris SOFR Swap Futures show strong early volume as firms prepare to migrate from Libor to SOFR CHICAGO–(BUSINESS WIRE)–#derivatives–Eris Innovations, an intellectual property licensing company that partners with global financial exchanges to develop futures products, today announced the successful closing of a $2 million investment round. The announcement follows CME Group’s October 5 launch of […]

Mastercard Advances Multi-Rail Strategy to Modernize Business Payments

Adding Account-to-Account and Global Card Payments Functionality to Mastercard Track™ Business Payment Service PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard continues to deliver on its multi-rail strategy with the addition of Account-to-Account (A2A) payments functionality to Mastercard Track™ Business Payment Service. This launch represents the next phase in Mastercard’s journey to modernize business payments by solving persistent pain points […]

KKR and Rakuten to Acquire Stakes in Seiyu from Walmart, Focus on Accelerating Digital Transformation of Japanese Retail: Seiyu Positioned to Become Japan’s Leading Omnichannel Retailer

KKR to purchase majority stake and new Rakuten subsidiary to acquire minority stake in Seiyu Walmart to retain 15% stake and work with KKR and Rakuten to accelerate Seiyu’s digital transformation to become Japan’s leading omnichannel retailer The complementary retail expertise KKR and Rakuten bring, including track records of driving growth in e-commerce and digital […]

SmartMetric The Maker Of Biometric Activated Credit And Debit Cards Welcomes a Report Forecasting Market Value Of $18 Billion For Contactless Credit Debit Cards By 2025

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): A report, Contactless Payment Market Global Forecast to 2025, published by MarketsandMarkets says the global contactless credit/debit card payment market size is expected to grow from USD 10.3 billion in 2020 to USD 18.0 billion by 2025. This is at a Compound Annual Growth Rate (CAGR) of 11.7% during […]

SilverCloud Releases Inaugural Conversational Banking Research Report, ‘SilverCloud Labs’ Examining Real-Time Usage Data

Report highlights micro-trends driving the next wave in digital banking, virtual assistants PORTSMOUTH, N.H.–(BUSINESS WIRE)–SilverCloud, Inc., the only support solution built exclusively for the financial services industry, today released its inaugural monthly research report, SilverCloud Labs: Conversational Banking Trends, analyzing real-time usage data collected from more than 200 financial institutions and 11.9 million end-user sessions. […]

Unit21 Partners with Socure to Reinvent Identity Verification

Shared clients include Unifimoney and ZenBusiness Partnership significantly increases the speed of Unit21’s customer onboarding and loyalty NEW YORK–(BUSINESS WIRE)–#dataprotection—Unit21, the market leader in risk modeling, today announced a partnership with Socure, the leader in Day Zero digital identity verification. Through the partnership, Unit21 clients are able to make real-time identity verification decisions through Socure’s […]

Kite Hill PR Expands Agile Approach, Adding to Leadership Team and Broadening Service Offerings

New Chief Client Officer, Jeanne Meyer, Helping Firm to Expand Earned Media and Thought Leadership Offerings to Include Enlarged Social Media and Virtual Event Production Capabilities NEW YORK–(BUSINESS WIRE)–Kite Hill PR, an award-winning agile tech PR agency, announced expanded initiatives including new additions to both its leadership and client rosters, and augmented client solutions. Joining […]

HSBC Launches New Service with Biz2Credit to Streamline Banking for Small Businesses in the US

HSBC Bank’s launch of the Biz2X Platform gives customers faster access to loans and credit cards NEW YORK–(BUSINESS WIRE)–HSBC Bank USA, N.A., part of HSBC Group, today announced it is working with Biz2Credit to give small business owners quicker and easier access when applying for business financing. As part of the HSBC Fusion service offering, […]

Progress Bank Launches Sensibill for Digital Receipt Management

Using smart technology, digital receipt management solution allows bank to boost digital engagement, better serve business customers through SKU-level data TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of AI and machine learning (ML)-powered SKU-level data and financial tools like digital receipt management that help institutions better know and serve their customers, today announced that $1.4 billion-asset Progress […]

Finicity and BMO Harris Bank Finalize Secure Data Access Agreement

Agreement Demonstrates BMO’s Focus on Customer-Centric Digital Advancement and Open Banking CHICAGO & SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a leading provider of open banking solutions, announced today with BMO Harris Bank that they have signed a data access agreement. The agreement signals a commitment to empower consumers with more control and secure sharing of their financial […]

MerchantE Announces Enhancements to Business Essentials Bundle

Upgraded Package Expands E-Commerce Services to Fuel Business Growth ALPHARETTA, Ga.–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, announces new features for the Business Essentials bundle. The all-in-one package includes everything a business needs to conduct commerce online, in the office and on the go. The business tools that were once limited to large enterprises […]

Low Code Application Platform (LCAP) Startup Dextcloud Receives Strategic Investment from Citi

LONDON–(BUSINESS WIRE)–#LCAP—Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, announced today that it has received a strategic investment from Citi. Dextcloud’s technology rapidly develops and deploys API and Event-driven business applications to streamline enterprise service creation and increase efficiency. Dextcloud has started a pilot with Citi to accelerate the transformation […]

Wolters Kluwer FRR Named Technology Partner for Regulatory Compliance in Central Banking Awards

LONDON–(BUSINESS WIRE)–#centralbankingawards–Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has won a major award from Central Banking magazine, being named Technology Partner For Regulatory Compliance, in the publication’s annual FinTech and RegTech Awards. The awards, which celebrate excellence and innovation, were decided by an expert panel of judges, including Central Banking magazine’s editorial team. […]

Standard Chartered Selects AWS to Power Its Strategic Banking Systems and Workloads

Leading financial institution forms strategic relationship with AWS to drive innovation and deliver new digital banking services with enhanced security and reliability SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and Standard Chartered Bank plc (LON: STAN), a leading international banking group, announced a five year, strategic global agreement, which […]

Orchid Insurance and Homesite Group Partner to Launch TRUE, a New Insurance Carrier to Protect Homeowners in Catastrophe-exposed States

TAMPA, Fla.–(BUSINESS WIRE)–#catastropheinsurance–Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group (Homesite), a national property insurer, announced today the creation of TRUE, a new reciprocal insurance company to protect homeowners in coastal states. TRUE (Trusted Resource Underwriters Exchange) is domiciled in Tampa, Fla. Starting this month, TRUE will offer […]

AffiniPay Now Integrates with A2Z Events by Personify, Inc.

As the event space has transformed over the last few months, the importance of virtual and hybrid event management has increased dramatically AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay for Associations, the industry leader in payments for associations and professional services industries is excited to announce their new integration with Personify’s premiere event management software—A2Z Events. As the world […]

Lucky 13: RIMES Wins Best Data Provider at WatersTechnology Buy-Side Technology Awards 2020 for a record 13th time

NEW YORK–(BUSINESS WIRE)–#assetmanagers—RIMES, the global leader in Managed Data Services and RegTech solutions for financial institutions, has been named the Best Data Provider for the asset management industry at WatersTechnology Buy-Side Technology Awards. These awards recognize the leading technologies and third-party vendors in their area of expertise and celebrate the innovations addressing the buy side’s […]

Empire Vending Leverages USA Technologies’ Platform as a Service to Improve Efficiencies and Cashless Payments Adoption

Implementation of USAT’s Solution Enables Business Continuity During COVID-19 Lockdown MALVERN, Pa.–(BUSINESS WIRE)–$USAT #USAT—USA Technologies, Inc. (OTC: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, announced that Houston, Texas based Empire Vending, LLC (“Empire”) has successfully leveraged USAT’s Platform as a Service (PaaS) for […]

SmartAsset Releases White Paper, ‘How Coronavirus Changed the Investor-Advisor Relationship’

Special report details consumer trends that will shape the financial advisor profession in the years to come NEW YORK–(BUSINESS WIRE)–#COVID19—SmartAsset, an award-winning financial technology company that helps more than 65 million people each month make smart financial decisions, today released a white paper titled, “How Coronavirus Changed the Investor-Advisor Relationship.” As a company that serves […]

IBD Founder William J. O’Neil Receives Lifetime Achievement Award From Benzinga for Outstanding Contributions to Investing Community

LOS ANGELES–(BUSINESS WIRE)–Investor’s Business Daily (IBD), a leading financial news and research organization, today announced that its founder, legendary investor William J. O’Neil, is the recipient of this year’s Lifetime Achievement Award as part of Benzinga’s sixth annual Global Fintech Awards. “We are thrilled that Benzinga chose to recognize Bill O’Neil with its 2020 Lifetime […]

IBD Named Best Financial Research Company by Benzinga in 2020 Global Fintech Awards

Innovative digital product suite leverages unbiased data and advanced analytics to educate and deliver new experiences to investors of all levels LOS ANGELES–(BUSINESS WIRE)–Investor’s Business Daily (IBD), a leading financial news and research organization, today announced that it won for Best Financial Research Company from Benzinga in the sixth annual Global Fintech Awards. The award […]

State Street Expands MediaStats Offering with Central Bank and Thematic Indicators

New Indicators Will Help Investors Generate Timely Insights Based on Tone of Global Central Banks and Broad Market Narratives BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced the launch of State Street MediaStats Central Bank Indicators and State Street MediaStats Thematic Indicators – two new quantitative investment insights derived from digital media. The new indicators collect […]

Charles River Compliance Solution selected for NAB Asset Servicing clients

MELBOURNE, Australia–(BUSINESS WIRE)–#compliance–Charles River Development, a State Street Company, today announced that National Australia Bank (NAB) Asset Servicing has selected the Charles River Investment Management Solution (Charles River IMS) to provide clients with advanced compliance monitoring, oversight and reporting. Charles River IMS will enable the Asset Servicing team to help institutional clients monitor a broad […]

Vertafore Statement Regarding Data Event

DENVER–(BUSINESS WIRE)–Vertafore takes data privacy and security very seriously. The company has safeguards to protect its information and systems with dedicated internal teams and partnerships with leading external firms. Vertafore recently determined that as a result of human error, three data files were inadvertently stored in an unsecured external storage service that appears to have […]

Revance to Participate in the Stifel 2020 Virtual Healthcare Conference

NEWARK, Calif.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced that the company will participate in the Stifel 2020 Virtual Healthcare Conference, a fully virtual management access conference, taking place November 16-18. President and Chief Executive Officer, Mark Foley, is scheduled to participate in a virtual […]

Suffolk Technology Announces Finalists for “Boost” Program

Suffolk Capital’s technology arm names five finalists for program focused on helping tech startups across construction ecosystem solve industry challenges, expand networks and showcase solutions BOSTON–(BUSINESS WIRE)–Suffolk Capital’s technology arm, Suffolk Technology, has announced the five finalists for its inaugural “Boost” mini-accelerator program. The “Boost” program is an intense four-week program that will bring together […]

Thoughtexchange Closes Final Tranche of $34M Series B to Accelerate Growth of Voice Platform

VANCOUVER, British Columbia–(BUSINESS WIRE)–Thoughtexchange, the most advanced platform for scaling conversations, today announced adding Boston’s HarbourVest Partners to its list of investors which completes a Series B equity financing now totalling $34M. “2020 has accelerated a permanent change to the way organizations operate,” said Dave MacLeod, co-founder & CEO, Thoughtexchange. “Voices need to be heard, […]

ModusBox Partners with Sound Credit Union for Zelle® Integration

Sound Credit Union chooses ModusBox’s PortX Payment Manager to integrate with the Zelle Network® SEATTLE–(BUSINESS WIRE)–#banking–Today we are pleased to announce that Sound Credit Union (Sound), a leading credit union in Washington state, has partnered with ModusBox to support integration of Zelle®, a premier P2P network for financial institutions. The credit union has chosen to […]

Majesco Supports Launch of HSB Total Cyber™ for Digital Distribution on Majesco CloudInsurer® in 16 Weeks

MVP launch rapidly brings new & innovative products to the market MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance, today announced that in less than 16 weeks, HSB, part of Munich Re, launched Majesco Policy for P&C on Majesco CloudInsurer® platform to digitally distribute HSB Total Cyber™, which provides comprehensive […]

Gold Payment App CORO Granted Money Transmitter License in Mississippi and Starts to Onboard Customers

MIAMI–(BUSINESS WIRE)–Coro Global Inc. (OTCQB: CGLO) today announced its subsidiary Coro Corp. has been granted a Money Transmitter license by the State of Mississippi’s Department of Banking and Consumer Finance. As a result, Mississippi residents will have access to CORO – a payment app that allows customers to exchange, send and save gold and U.S. […]

Netcapital Inc.’s Portfolio Company Vymedic to Deliver Clinically Proven Antiviral to Market in Time for Flu Season

Vymedic’s Patented Approach to Stopping the Flu and Common Cold to be Available in December – No Prescription Needed BOSTON–(BUSINESS WIRE)–$VSTRD #Covid–Netcapital Inc. (OTC: VSTRD) announced that portfolio company Vymedic’s clinically proven antiviral will be delivered to market this December, in time for flu season. Vymedic has partnered with a premier nutraceutical manufacturer to produce […]

i2c Inc. Partners with Purewrist to Provide Wearable Solutions for Contactless Payments at Events, Retail Stores, Transit and More

Partnership brings innovative new contactless payment options to market for tap-and-go transactions REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital banking and payment processing technology and infrastructure, today announced its partnership with Purewrist, an innovative FinTech company specializing in end-to-end contactless payment solutions and wearables. i2c’s highly-configurable platform will be leveraged for transaction […]

SaverLife Rewards Savers with $200,000 in Holiday Savings Boost

SaverLife Members Can Compete to Win over 1,000 Prizes Ranging from $100 to $10,000 SAN FRANCISCO–(BUSINESS WIRE)–SaverLife, a national nonprofit fintech that helps working families achieve prosperity through savings, is prepared to put an extra $200,000 in the pockets of hard-working Americans through its first annual Holiday Savings Boost. The COVID-19 pandemic has put unprecedented […]

HST Pathways and Casetabs Merge and Secure Majority Investment Led by Bain Capital Tech Opportunities

Combination and Investment to Drive Growth of Industry-Leading Surgery Center Software Solutions LAFAYETTE, Calif. & BOSTON–(BUSINESS WIRE)–#ASC–HST Pathways (“HST”) and Casetabs, two leading providers of innovative, cloud-based software for ambulatory surgery centers (“ASCs”) across the U.S., today announced a strategic combination of their businesses that will offer customers a flexible and secure set of technology […]

BlueShore Signs for Temenos Infinity Engage as SaaS to Gain Human Connection in the Digital Era

With Temenos Infinity Engage, BlueShore will empower its employees and offer personalized client experiences in the age of physical distancing Temenos’ state of the art mobile messaging app will help BlueShore create a more seamless initial client contact interaction, while offering a more personal digital experience than chatbots Financial institutions that use Temenos Infinity Engage […]

Paiblock Reimagines ID Credentials Management with New Paiblock Features

COPENHAGEN, Denmark–(BUSINESS WIRE)–#AI–Paiblock, A Global FinTech Company today announced a set of new features in Paiblock, that allow users to add their national social security card and driving license into Paiblock, supporting the global shift into a more digital lifestyle. “Letting users add ID credentials into Paiblock reflects what the company has always stood for,” […]

Revance Announces Results of Phase 2 Trial of DaxibotulinumtoxinA for Injection in Plantar Fasciitis

– Patients reported significant pain reduction that was numerically greater than placebo, however, the primary efficacy endpoint was not met – NEWARK, Calif.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced results from its Phase 2 clinical trial of investigational drug candidate DaxibotulinumtoxinA for Injection for […]

Axio Announces Partnership with NFP to Expand Cybersecurity Capabilities, Launches New Platform for Community Banks

New platform to provide a holistic view of how insurance policies would respond to cyber events, identifies losses to bank’s earnings and balance sheet NEW YORK–(BUSINESS WIRE)–#cyberriskmanagement—Axio, a leading cyber risk management Software-as-a-Service company, today announced a strategic partnership with NFP, a leading insurance broker and consultant that provides employee benefits, property and casualty, retirement, […]

Northern Trust Hedge Fund Services Launches Next-Generation Investor Portal

Digitized platform provides alternative asset managers and their investors with enriched investment data analysis capabilities. CHICAGO–(BUSINESS WIRE)–#Assets–Northern Trust (Nasdaq: NTRS) today announced the launch of its next-generation investor portal for alternative asset managers, offering an enhanced investor experience with updated data feeds, customized views and analysis. Increasingly, investors seek digitized investment data to move away […]

Emotomy® Deepens Integration with Schwab Advisor Center®

Latest platform enhancement helps advisors improve efficiency, convenience CHICAGO–(BUSINESS WIRE)–Emotomy®, an institutional-caliber digital investment platform, can help advisors improve their daily efficiency with the seamless integration of Emotomy’s powerful portfolio construction tool and the Schwab Advisor Center® custodial platform. “This latest update from Emotomy offers a streamlined experience to users, and builds on Emotomy’s history […]