Business Wire


Mastercard Co-Innovates with 10 New Fintechs to Reshape the Future of Commerce with Ultrasonic Transactions, Borderless Money, Small Business Solutions and More

Mastercard Start Path expands network of innovators to reimagine commerce PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard has welcomed 10 fintechs from around the world to participate in its award-winning startup engagement program, Start Path, to scale the future of commerce. From bridging the digital divide to addressing the needs of the underbanked and beyond, Mastercard is helping fintechs […]

Accenture Launches Project Spotlight, a New Approach to Venture Capital

Accenture Ventures’ new immersive engagement and investment program seeks to address key business challenges of the Global 2000 by closing strategic innovation gaps NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has launched a new immersive engagement and investment program targeting emerging technology software startups to help fill strategic innovation gaps for the Global 2000. Called Project Spotlight, […]

Mogo Announces Launch of Bitcoin Rewards Program

First-of-its-kind rewards program in Canada will be available exclusively to members through the Mogo app VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies and one of the first to enable Canadians to easily buy and sell bitcoin, announced the launch of a bitcoin rewards program […]

Juniper Research: Smart Home Payments Transaction Value to Exceed $164 Billion Globally by 2025; Driven by Voice Assistants

BASINGSTOKE, England–(BUSINESS WIRE)–#connectedtvpayments–A new Juniper Research study has found that the total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion in 2025, from $22 billion in 2020. Increasing use of voice assistants via smart speakers for eCommerce, propelled by rising user and merchant acceptance, will drive […]

Figure Applies for National Bank Charter From the OCC

National Bank Charter Will Enable Figure to Fulfill Promises of Efficiency, Affordability and Financial Inclusion SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced it has applied for a national bank charter from the Office of the Controller of the Currency (OCC). “Figure is […]

Mogo Announces that MogoSpend Now Supports Apple Pay, Google Pay and Samsung Pay

Provides MogoSpend users with even more options for contactless mobile payments VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or “the Company”), one of Canada’s leading financial technology companies, today announced that its digital spending account, MogoSpend, which comes with a Mogo Visa* Platinum Prepaid Card, now supports Apple Pay®, Google Pay™ and Samsung Pay. […]

Gen II Gains Significant New Investment From Global Investors to Fuel Continued Long-Term Expansion

General Atlantic, Hg and IHS Markit aim to strengthen Gen II’s suite of solutions, supporting a growing customer base and generating further strategic growth NEW YORK & LONDON–(BUSINESS WIRE)–Gen II Fund Services, LLC (“Gen II”), a leading independent private equity fund administrator, announced today that it has secured a new strategic investment. General Atlantic (“GA”), […]

Seabury TFX Launches TrakFin to Accelerate Access to Earnings for App Store and Ad Community

Finance Program Enables Companies to Realize Revenues Faster to Focus on New Product Development and Business Growth HONG KONG–(BUSINESS WIRE)–#FintechHK–Seabury TFX (“STFX”), a specialist in trade finance solutions for supply chains and a company of Seabury Capital Group LLC, rolled out an all-new finance program, TrakFin (TrakFin.com), on the sidelines of the 2020 Hong Kong […]

LeaseLock Deploys Zero Deposit™ Software Platform to Automate Deposits Out of Leasing

Leading multifamily operators leverage the insurtech platform to gain more than 6 times the coverage provided by deposits 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 multifamily operators, published analysis across its NMHC Top 50 multifamily clients that reveals dramatically […]

Reynolds and Reynolds Selects FIS as its Exclusive Integrated Payment Processing Provider

Key facts FIS will be the exclusive payment processing provider for Reynolds and Reynolds. FIS will partner with and support Reynolds and Reynolds’ payment processing expansion plans across North America. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has been selected as the exclusive payments provider to The Reynolds and Reynolds Company, a leading provider […]

Origami Risk’s P/C Insurer Claims System Ranked a Strong Performer in New Report by Leading Independent Research Firm

CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading policy, claims and risk management Software as a Service (SaaS) technology firm, has been ranked among the “strong performers” for property/casualty insurer claims management systems in the first research report analyzing providers in this category by Forrester, a leading global research and advisory firm. Issued today, The Forrester Wave™: P&C […]

Performance Meets Productivity in the New Razer Book 13

The most efficient laptop from Razer to date puts productivity at the forefront with 11th Gen Intel® Core™ processors with Intel® Evo™ platform verification, the world’s thinnest 13.4” display bezels, universal connectivity, and all-day battery IRVINE, Calif.–(BUSINESS WIRE)–#IntelCore–Razer™, the leading global lifestyle brand for gamers, today announced the all-new Razer Book 13, a new high-performing […]

Razer Announces the Kaira Pro – The Ultimate Xbox and Cloud Gaming Headset

The Kaira Pro Designed for Xbox brings Razer’s latest innovative audio technologies to Xbox Series X|S and Xbox Game Pass for amazing quality cross-platform, multi-device audio wherever and however you play IRVINE, Calif.–(BUSINESS WIRE)–#Razer–Razer™, the leading global lifestyle brand for gamers, today announced the Kaira Pro Designed for Xbox, a high-performance wireless gaming headset for […]

CORRECTING and REPLACING USAT Announces Upgrade Program for 2G and 3G Devices

Platform as a Service Offers the Leading Solution for Best Return on Investment Operators Now Have the Choice to Include EMV As Part of Upgrade MALVERN, Pa.–(BUSINESS WIRE)–$USAT #2G–First subhead of release should read: Platform as a Service Offers the Leading Solution for Best Return on Investment Also, third paragraph, first sentence should read: “It’s a […]

ClientPay Commemorates 10-Year Partnership with Thomson Reuters Elite

Long-standing collaboration based on shared commitment to applying innovative technology to improve law firm profitability and productivity ST PAUL, Minn.–(BUSINESS WIRE)–ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, is marking a decade-long partnership with Elite, part of the Legal Professionals division of Thomson Reuters, which focuses on applying innovative […]

EML FINLAB Announces Strategic Investment in Hydrogen

EML’s new FINLAB incubator has invested in Hydrogen, a global embedded finance platform. BRISBANE, Australia–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) has made an initial investment via its FINLAB hub in innovative embedded finance and international payments platform The Hydrogen Technology Corporation (“Hydrogen”). The partnership will see the EML and Hydrogen platforms seamlessly integrate to […]

Southeastern Credit Union Proves it is Possible to Grow Loans Despite Anemic Macro Trends with the Help of Kasasa

Asking one question leads to increased loan volumes and balances AUSTIN, Texas–(BUSINESS WIRE)–#communitycreditunion–Georgia-based Southeastern Credit Union recently achieved rapid growth in loan volume and balances amid the pandemic with the assistance of Kasasa®, an award-winning financial technology and marketing provider. Kasasa helped Southeastern strategically position its loan offerings to increase consumer debt wallet-share by reframing […]

MAPFRE Deploys Guidewire for Personal Lines Business Innovation and Growth; Commercial Lines Transformation Through Guidewire Cloud Now Underway

Largest auto and home insurer in Massachusetts implements Guidewire to enable digital transformation and accelerate product launches WEBSTER, Mass. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #ai–MAPFRE USA and Guidewire Software, Inc. (NYSE: GWRE), have successfully deployed a series of Guidewire products to advance MAPFRE’s digital transformation and accelerate product launches. As part of the transformation, MAPFRE […]

ValueSetters Announces Name Change to Netcapital Inc. and Reverse Split Effective November 5, 2020

New Name Leverages Netcapital’s Strong Brand and Trusted Technology Platform ValueSetters’ Common Stock Will Commence Trading on a Split Adjusted Basis Effective November 5, 2020 BOSTON–(BUSINESS WIRE)–$VSTR #Fintech—ValueSetters, Inc. (OTC:VSTR) today announced that the company will change its name to Netcapital Inc. effective November 5, 2020. Additionally, pursuant to the previously announced merger of ValueSetters […]

Featurespace Named Overall Winner of Global Fast Track Programme at Hong Kong FinTech Week

HONG KONG–(BUSINESS WIRE)–Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has been named the overall winner of the inaugural Global Fast Track Programme, a contest created to help local and global enterprises grow and accelerate innovation through Hong Kong’s diverse fintech ecosystem. Held in conjunction with Hong Kong FinTech Week (2-6 November 2020), […]

Independence Works Better Together With the Right Technology

Keystone enhances the customer experience and connects its agents with smart tools via new agent portal NORTHUMBERLAND, Pa.–(BUSINESS WIRE)–#BetterTogether–In the insurance industry, data is powerful – and overwhelming – without the best technology. Keystone Insurers Group (Keystone) is harnessing insurtech with a new agent portal utilizing Veruna. The agent portal bridges simplicity with the flexibility […]

The Tech Tribune: 2021 Best Tech Startups in Washington, D.C.

NEW YORK–(BUSINESS WIRE)–#business—The Tech Tribune staff has compiled the very best tech startups in Washington, D.C. In doing our research, we considered several factors including but not limited to: Revenue potential Leadership team Brand/product traction Competitive landscape Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at […]

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

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

EML’s FINLAB Invests In Interchecks & Ignites International Expansion Aspirations

EML’s payment cards will be provisioned within the Interchecks platform and offered alongside Direct Deposit, Real-time Payments (RTP), Instant Deposit, Paper Check, eCheck and PayPal. BRISBANE, Australia–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) is delighted to confirm its strategic partnership and investment in payout start-up Interchecks Technologies, Inc. via its new FINLAB FinTech incubator. This […]

Juniper Research: Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk

BASINGSTOKE, England–(BUSINESS WIRE)–A new Juniper Research study found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020. This extraordinary 1,200% growth over 5 years will be driven by lenders seeking to leverage AI to rebuild and streamline their lending operations […]

Discover Forms New Internal Data and Analytics Organization

Fintech-like DNA Unit to Advance Data-driven Business Decisions; Effort Will Accelerate Platform and Talent Sharing RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Financial Services, a digital bank and payments provider, today announced the formation of a new Data and Analytics (DNA) organization within the company and named newly promoted Executive Vice President Keith Toney as Chief Data and Analytics […]

YF Life Chooses HPE GreenLake to Accelerate Innovation and Business Growth

YF Life reduces capital expenditures by 35 percent and achieves faster deployment of new applications with HPE GreenLake HONG KONG–(BUSINESS WIRE)–Hewlett Packard Enterprise (HPE) today announced that YF Life Insurance International Ltd. (YF Life), a fast-growing fintech company offering one-stop risk- and wealth-management consulting services, has selected HPE as its new partner to power the […]

Archean Capital Partners Announces Investment in Invictus Growth Partners

PHILADELPHIA & NEW YORK–(BUSINESS WIRE)–Archean Capital Partners (Archean), a provider of strategic capital for emerging private equity firms, today announced a new $75 million commitment to Invictus Growth Partners (“Invictus”), a growth equity and small buyout firm with a focus on automation-enabled enterprise cloud software, cybersecurity and fintech. This is the fourth strategic investment for […]

HT Mobile Apps Releases New White Paper: “The Power of Modern Cross-Selling Lies in Data”

ANN ARBOR, Mich.–(BUSINESS WIRE)–HT Mobile Apps, (HTMA), an innovative fintech company serving banks and credit unions across the country with cost-effective services for attracting and retaining customers, announced today the availability of a new white paper, “The Power of Modern Cross-Selling Lies in Data.” In the white paper, HTMA compiles years of behavior based research […]

Arcus Announces Funding from Citi Ventures to Fuel Expansion and Partnerships in Latin America

Leading financial technology provider, Arcus, secures Citi Ventures’ first investment in Mexico NEW YORK–(BUSINESS WIRE)–Arcus, the Fintech-as-a-Service (FaaS) platform making fintech possible for everyone, today announced an investment from Citi Ventures for an undisclosed amount. This marks the first investment by Citi Ventures in a fintech company in Mexico, a country that has been experiencing […]

What’s FinTech’s Next Billion Dollar Idea? ScratchWorks Believes It’s Found Two

ScratchWorks launches first-ever streaming season of the accelerator series as three finalists compete for funding BOSTON–(BUSINESS WIRE)–ScratchWorks, a leading FinTech accelerator, today announced that Lifeworks and ReAllocate received a combined $5,000,000 of funding in its 3rd annual competition to connect innovative tech companies with investment and wealth management luminaries to advance the digital transformation of […]

DirectCash Bank Announces Approval of Name Change to Digital Commerce Bank

CALGARY, Alberta–(BUSINESS WIRE)–DirectCash Bank (“DCBank” or the “Bank”) today announced that it has received approval from the Office of the Superintendent of Financial Institutions Canada (“OSFI”) under the Bank Act (Canada) to change the name of the Bank from DirectCash Bank to Digital Commerce Bank in the English form and from Banque DirectCash to Banque […]

Edgar, Dunn & Company Welcomes Hugh Gallagher as Director

SAN FRANCISCO–(BUSINESS WIRE)–Edgar, Dunn & Company (EDC), an independent, global strategy consulting firm specialising in payments and digital financial services, today announced and welcomed Hugh Gallagher as Director in charge of EDC’s North American consulting business. Mr. Gallagher re-joins EDC after 14-years serving in executive roles with First Data (now Fiserv, NASDAQ: FISV), SunTrust Bank […]

CSI Partners with Hawthorn River to Provide Digital Loan Origination Solution

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Hawthorn River to offer community banks a digital loan origination solution that streamlines workflows and automates manual lending processes for consumer and commercial loans. Hawthorn River Lending is an end-to-end digital loan origination platform providing a […]

ACI Worldwide Drives Payments Innovation for Africa’s EFT Corporation, a Leader in Payments Solutions Across Africa

EFT Corporation to utilize ACI Enterprise Payments Platform to deliver secure and seamless payment services to financial institutions and merchants across the continent NAPLES, Fla.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that EFT Corporation, one of Africa’s leading payment solution providers, is utilizing the […]

AWS to Open Data Centers in Switzerland

New AWS Infrastructure Region will arrive in the second half of 2022, enabling customers to run workloads and store data in Switzerland while serving end users with even lower latency SEATTLE–(BUSINESS WIRE)–Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today announced it will open an infrastructure region in Switzerland in the second half of […]

LawPay Partners with Powerhouse Legal Research Tool, Casetext

Legal professionals can now sign-up for LawPay while inside the legal research platform AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, is excited to announce a new partnership with Casetext. This one-of-a-kind partnership brings Casetext’s comprehensive research tool together with AffiniPay’s leading brand, LawPay. This partnership is […]

AffiniPay Announces New Integration with CE21 Lighthouse

Association professionals can now manage their entire operation with new integration from CE21 Lighthouse and AffiniPay AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay for Associations is excited to announce their integration with CE21’s latest product—CE21 Lighthouse. With Lighthouse, associations of all sizes have access to robust association management tools, as well as CE21’s award-winning learning management solution, all from […]

Radius Bank Launches Commercial API Banking Platform and Developer Sandbox

Marks Next Step in the Radius + Treasury Prime Partnership BOSTON–(BUSINESS WIRE)–#API—Radius Bank, a forward-thinking digital bank, announced today the next step in its partnership with API (application programming interface) banking leader Treasury Prime with the launch of their Commercial API Banking Platform and corresponding sandbox testing environment. With API Banking, Radius has expanded its […]

myPOS Turns Smartphones Into POS Terminals

LONDON–(BUSINESS WIRE)–#SoftPOS–Business professionals can now take card payments directly on their Android phone with the new Soft POS solution myPOS Glass by the European fintech provider myPOS (www.mypos.com). The innovative mobile app enables payments with contactless cards and smart accessories directly on a mobile Android phone. The accepted payments are deposited immediately in the merchant’s […]