Business Wire

New Omniscience Solution Optimizes Life Insurance Risk Selection thumbnail

New Omniscience Solution Optimizes Life Insurance Risk Selection

Ultrafast Acceptance Decisions lead to Rapid Customer Acquisition and Long-Term Compounding Successes for Insurers PALO ALTO, Calif.–(BUSINESS WIRE)–#Insurance–With the launch of its new OmniExtract customer intelligence solution, Omniscience makes it possible, for the first time, to make automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the potential insured has […]

Hurricane Electric Expands Global Network to Sixth Location in Frankfurt With New Point of Presence at ITENOS

Hurricane Electric Expands Global Network to Sixth Location in Frankfurt With New Point of Presence at ITENOS

Twelfth Point of Presence in Germany will provide robust, high-speed IP transit to this global financial capital FRANKFURT & FREMONT, Calif.–(BUSINESS WIRE)–Hurricane Electric, the world’s largest IPv6-native Internet backbone announced today that it has deployed a new Point of Presence (PoP) in ITENOS’s Frankfurt FRA 1 data center. The new PoP is located at 90 […]

Newsweek Names First Internet Bank Best Small Business Checking Account thumbnail

Newsweek Names First Internet Bank Best Small Business Checking Account

FISHERS, Ind.–(BUSINESS WIRE)–First Internet Bank announced today that it has been recognized for offering the “Best Small Business Checking Account” in Newsweek’s America’s Best Banks 2021. First Internet Bank President and CEO David Becker said, “Long before I started First Internet Bank, I was a small business owner and lifelong entrepreneur. Owning a small business […]

PureFacts Financial Solutions acquires Quartal Financial Solutions to become a global WealthTech leader thumbnail

PureFacts Financial Solutions acquires Quartal Financial Solutions to become a global WealthTech leader

TORONTO–(BUSINESS WIRE)–#AI—PureFacts Financial Solutions, a leading WealthTech provider of fees, reporting and AI-powered predictive analytics solutions, has acquired Quartal Financial Solutions, Europe’s leading provider of fee billing and commission solutions for the financial and insurance industries. This acquisition further strengthens PureFacts’ ability to provide mission critical, AI-driven and regulatory compliant fee solutions to its marquee […]

The Tech Tribune: 2021 Best Tech Startups in Minneapolis thumbnail

The Tech Tribune: 2021 Best Tech Startups in Minneapolis

NEW YORK–(BUSINESS WIRE)–#business—The Tech Tribune staff has compiled the very best tech startups in Minneapolis. 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 (un-acquired), privately owned, at most 10 years old, and have received at least […]

Northstar Announces $10.7M in Funding to Support Employees' Financial Wellness Through Personalized Advice and Automation thumbnail

Northstar Announces $10.7M in Funding to Support Employees’ Financial Wellness Through Personalized Advice and Automation

Northstar customers include leading employers Zoom, ServiceTitan, and Thumbtack LOS ANGELES–(BUSINESS WIRE)–Northstar, a fintech company that enables employers to offer financial wellness as an employee benefit, announced $10.7 million in financing, including a new $7.3 million Series A led by M13 with participation from Foundation Capital and Workday Ventures. The investment comes on the heels […]

AM BestTV Presents The Entrepreneurial Agent/Broker: Insurtech Drives Distribution Innovation thumbnail

AM BestTV Presents The Entrepreneurial Agent/Broker: Insurtech Drives Distribution Innovation

OLDWICK, N.J.–(BUSINESS WIRE)–In AM Best’s four-part series, “The Entrepreneurial Agent/Broker,” top industry leaders will discuss how tomorrow’s insurance coverages, business models and risk strategies get their start, often in the field crafted by innovative agents and brokers. This segment looks at how managing general agents (MGA) are assuming leading roles as insurance innovators, using insurtech […]

Mambu Joins Forces with Alchemy to Deliver World-Class Lending Operating System and Workflow Engine thumbnail

Mambu Joins Forces with Alchemy to Deliver World-Class Lending Operating System and Workflow Engine

Leading lending technology providers partner to deliver first-of-its-kind decisioning platform MIAMI–(BUSINESS WIRE)–Mambu, a global cloud banking platform, and Alchemy, a leading cloud-based digital banking solutions provider for U.S.-based financial institutions (FIs), today announced the two providers have partnered to deliver a faster, more agile lending decisioning engine for community banks and credit unions. Together, the […]

RWM Partners with Tavant for Enterprise-wide Digital Transformation thumbnail

RWM Partners with Tavant for Enterprise-wide Digital Transformation

Lender streamlines GNMA cap reports 80% savings with GNMA Capital Markets, the new automated disclosure process SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending—Tavant, a Silicon Valley-based digital lending solutions leader, today announced it has partnered with RWM Home Loans, a San Diego-based independent mortgage bank, to complete an enterprise-wide digital transformation that streamlines the digital mortgage lifecycle, generates […]

DHgate Participates in Organizing Public and Private Collaboration to Empower Women with Technology thumbnail

DHgate Participates in Organizing Public and Private Collaboration to Empower Women with Technology

The Women Connect Global Summit for Women at the Crossroads BEIJING–(BUSINESS WIRE)–As the world continues to grapple with the COVID-19 pandemic, an international conference, the Women Connect Global Summit, was held online to address the difficulties and challenges faced particularly by women during this unprecedented crisis. The summit, jointly organized by the China Chamber of […]

Sontiq™ and Breach Clarity Strike Exclusive Industry Partnership thumbnail

Sontiq™ and Breach Clarity Strike Exclusive Industry Partnership

Sontiq’s Solutions, including IdentityForce® and EZShield®, Equip Individuals with Personalized Breach Risk Intelligence For Unprecedented Insight & Recommendations to Mitigate Data Breach Impact BOSTON–(BUSINESS WIRE)–#IntelligentIdentitySecurity—Sontiq, the leader in Intelligent Identity Security, today announced an exclusive industry partnership with Breach Clarity, an award-winning Fintech provider. Sontiq will infuse Breach Clarity’s product, which includes an algorithm-based and […]

Customers Bank Joins MaxMyInterest Platform to Offer Ultra-Fast Account Opening and Premium Interest Rates thumbnail

Customers Bank Joins MaxMyInterest Platform to Offer Ultra-Fast Account Opening and Premium Interest Rates

Partnership another milestone in digitization journey. WEST READING, Pa. & NEW YORK–(BUSINESS WIRE)–$CUBI #MaxMyInterest—Customers Bank (NYSE: CUBI), a digital-first, fintech-forward financial institution with a growing national presence, today announced its nationwide collaboration with MaxMyInterest (Max)*, an intelligent cash management platform for individual clients and financial advisors. “Customers Bank has demonstrated a commitment to innovation, and […]

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter thumbnail

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter

 Toast customers increase orders by 31 percent with Toast Go® 2, check size by 45 percent with Toast Order and Pay® despite continuous industry changes due to the COVID-19 health crisis BOSTON–(BUSINESS WIRE)–#cloudtechnology—Toast, the leading restaurant management platform, today unveiled the next generation of its mobile handheld point of sale: Toast Go® 2. Along with […]

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter thumbnail

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter

 Toast customers increase orders by 31 percent with Toast Go® 2, check size by 45 percent with Toast Order and Pay® despite continuous industry changes due to the COVID-19 health crisis BOSTON–(BUSINESS WIRE)–#cloudtechnology—Toast, the leading restaurant management platform, today unveiled the next generation of its mobile handheld point of sale: Toast Go® 2. Along with […]

AffiniPay Launches Integration with BQE CORE Software to Provide Contactless Payment Options to Architects, Engineers, Accountants and Attorneys thumbnail

AffiniPay Launches Integration with BQE CORE Software to Provide Contactless Payment Options to Architects, Engineers, Accountants and Attorneys

Electronic Payment Options Boost End of Year Cash Flow for Professionals Looking for Secure Payment Options AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, is launching contactless payment solutions for all BQE Software clients. This integration will allow BQE CORE clients to shift their acceptance of payments […]

Netcapital Inc. Portfolio Company ChipBrain Successfully Completes Digital Capital Raise, Paving The Way For Its Next Phase of Growth thumbnail

Netcapital Inc. Portfolio Company ChipBrain Successfully Completes Digital Capital Raise, Paving The Way For Its Next Phase of Growth

ChipBrain empowers business communication with emotionally intelligent AI The company’s machine learning models outperform state-of-the-art emotion prediction and sentiment analysis models Pilot launch with customers across key industries – December 2020 Large-scale launch of subscription model capable of fully integrating with communication and CRM platforms – Mid 2021 BOSTON–(BUSINESS WIRE)–$VSTRD #AI–Netcapital Inc. (OTC: VSTRD) announced […]

Axos Bank’s Rewards Checking Named Best Checking Account Overall thumbnail

Axos Bank’s Rewards Checking Named Best Checking Account Overall

In its Best-Of 2020 Awards, personal finance website The Ascent also names Rewards Checking Best High-Interest Checking Account SAN DIEGO–(BUSINESS WIRE)–#bankingevolved–Digital banking leader Axos Bank’s Rewards Checking account has been named Best Checking Account Overall and Best High-Interest Checking Account by personal finance website The Ascent as part of its Best-Of 2020 Awards. “Axos offers […]

ACH Processing Company Offers “Virtual/PCard” Payment Solution for Healthcare Payers to Recoup Revenue thumbnail

ACH Processing Company Offers “Virtual/PCard” Payment Solution for Healthcare Payers to Recoup Revenue

Accounts Payable Virtual Card Payments Provides Cash Rebates during COVID-19 PLANO, Texas–(BUSINESS WIRE)–#ACHPC–ACH Processing Company, a leading B2B payment processing and financial technology service provider founded in 1998, today announced an accounts payable virtual card payments “Virtual/PCard” solution for healthcare payers and Third Party Administrators (TPAs) to help recoup lost revenue during COVID-19. The Virtual/PCard […]

Neobank Douugh launches in the US thumbnail

Neobank Douugh launches in the US

Purpose-led fintech & neobank Douugh launches in the US to Millennial and Gen-Z consumers Fostering financial wellness – helping customers spend smarter, save more and build wealth Disrupting the business model of banking – SaaS-based, harnessing open banking Soon to launch v1.0 of its AI-powered Autopilot feature to fully automate money management Capital-lite, leveraging a […]

Third Coast Bank SSB to Introduce Zelle® in Its Online Banking and Mobile App Platforms thumbnail

Third Coast Bank SSB to Introduce Zelle® in Its Online Banking and Mobile App Platforms

Zelle® Makes it Fast, Safe and Easy to Send Money Digitally to Those you Know and Trust With a Bank Account in the U.S. HUMBLE, Texas–(BUSINESS WIRE)–#bankanywhere–THIRD COAST BANK SSB today announced that Zelle is now live in its online banking and mobile app platforms. Zelle is available in the digital banking experience of Third […]

EMPLOYERS Modernizes Digital Transformation with Red Hat thumbnail

EMPLOYERS Modernizes Digital Transformation with Red Hat

The century-old workers’ compensation insurance provider incorporates agile methodologies and automation in its commitment to uncover new innovation opportunities in an ever-changing marketplace RALEIGH, N.C.–(BUSINESS WIRE)–#DigitalTransformation–Red Hat, Inc., the world’s leading provider of open source solutions, today announced that EMPLOYERS, a national provider of workers’ compensation insurance, has built a hybrid cloud foundation for its […]

New Beginnings Acquisition Corp. Announces the Separate Trading of its Common Stock and Warrants Commencing on November 19, 2020

New Beginnings Acquisition Corp. Announces the Separate Trading of its Common Stock and Warrants Commencing on November 19, 2020

MIAMI–(BUSINESS WIRE)–New Beginnings Acquisition Corp. (the “Company”) today announced that, commencing on November 19, 2020, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s common stock and warrants included in the units. Those units not separated will continue to trade on the NYSE American […]

Wells Fargo Quantitative Prime Services Offers HPR Trading Platform to Clients thumbnail

Wells Fargo Quantitative Prime Services Offers HPR Trading Platform to Clients

NEW YORK–(BUSINESS WIRE)–Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company (NYSE: WFC), announced today that its Quantitative Prime Services division has partnered with HPR, a leading financial technology player in electronic trading, to provide an elite next-generation trading platform for clients. Through its collaborative partnership with HPR, Wells Fargo will […]

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

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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

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 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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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. thumbnail

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 thumbnail

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 […]

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