Business Wire


CloudBlue Empowers Mid-Market Companies

Robust platform offers technologies that level the playing field for cloud ecosystems of any size IRVINE, Calif.–(BUSINESS WIRE)–#CBInnovatorsForum–CloudBlue announced today that more than a dozen new mid-market customers are scaling the power of its hyperscale platform to enable future growth of up-and-coming companies in the as-a-service economy. Designed to automate businesses’ go-to-market lifecycle, CloudBlue, an […]

Solar Revenue Put Transaction Structured on 33MW DC of Solar Power Projects with IGS Solar, ING, & kWh Analytics

SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in solar risk management, today announced that it structured a Solar Revenue Put for a portfolio of 4,000 projects totaling approximately 33 MW DC of capacity located in the Northeast, Florida and California. The IGS Solar portfolio is being funded by a private equity Power and Infrastructure group […]

SIMON Expands Digital Wealth Management Platform to Include Exchange Traded Funds; Launches New Marketplace with Innovator’s Defined Outcome ETFs

Innovator Capital Management’s Defined Outcome ETFs, including their Buffer ETFs, are now available on SIMON’s centralized platform for risk-managed solutions NEW YORK–(BUSINESS WIRE)–#ETFs–SIMON Markets LLC (“SIMON”) today announced it has expanded its digital platform to deliver financial professionals access to exchange traded funds (“ETFs”), launching its ETF Marketplace with the Buffer ETFs from Innovator Capital […]

FlowBank Selects Temenos SaaS to Rapidly Launch Swiss Digital Bank and Reinvent Online Investor Experience

Temenos’ SaaS technology will allow FlowBank to scale to create a hyper-efficient cost model and offer online trading and banking services at competitive rates Temenos’ technology will enable FlowBank to deliver rapid innovation and an outstanding customer experience including investment from a single, multi-currency account and more Temenos is the de facto technology provider for […]

YCharts Completes Growth Recapitalization With LLR Partners

Capital to support continued growth of investment analytics and communications platform for financial advisors and wealth managers CHICAGO–(BUSINESS WIRE)–#LLR—YCharts, a cloud-based investment analytics and communications platform for RIAs, broker-dealers and asset managers, today announced LLR Partners completed a growth recapitalization in partnership with the management team. The transaction will support YCharts’ continued organic growth through […]

Q2 Wins Best of Show Honor at FinovateFall 2020 for Q2 Partner Marketplace

Digital Marketplace Makes Collaboration Between Fintechs and Financial Institutions (FIs) Easy, Efficient, and Profitable AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending today announced that Q2 Partner Marketplace won Best of Show honors at FinovateFall 2020. The pressure for financial institutions (FIs) to digitally transform […]

goPuff Raises $380M at a $3.9B Valuation as it Accelerates Geographic and Product Expansion

New Funding Led by Accel and D1 Capital Partners Company Bolsters Executive Leadership Team with Key Hires from Lowe’s, Uber and TripAdvisor PHILADELPHIA–(BUSINESS WIRE)–#gopuff—goPuff, the go-to platform for consumers’ everyday needs, raised $380 million in new funding to further accelerate its geographic expansion, product category offerings and investment in talent. The funding round, which values […]

Tegra118 Expands Front Office Digital Solutions Powered by Finantix

Tegra118 further elevates its wealth advisor front office experience that enables advisors to deliver more personalized, informed advice to investors WARREN, N.J.–(BUSINESS WIRE)–Tegra118, a top provider of wealth and asset management technology and Motive Partners company, today announced its expansion of new front office capabilities to strengthen its robust wealth tech platform for advisors and […]

Mastercard and Marqeta Expand Strategic Global Partnership

Mastercard will make a financial investment in Marqeta as the two companies look to deepen their global partnership and collaboration OAKLAND, Calif. & PURCHASE, N.Y.–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, and Mastercard today announced an extended global partnership to expand into new geographies, open access to new products, and launch additional card programs […]

Bank of America Introduces Balance Assist, a Revolutionary New Short-Term, Low-Cost Loan

Company Delivers Comprehensive Choice of Banking Solutions to Help Clients Manage Their Financial Lives Carefully and Confidently CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today introduced Balance Assist, a revolutionary new solution that provides a low-cost way for clients to manage their short-term liquidity needs, borrowing only the amount they need, up to $500. Balance Assist is […]

ABBYY Revs Ups Renault Argentina SA’s Global Finance Operations

MILPITAS, Calif.–(BUSINESS WIRE)–#AccountsPayable–Renault Argentina SA, one of the oldest Renault operations in the world, is using ABBYY Digital Intelligence solutions to revitalize its finance operations. ABBYY completely digitized Renault’s invoice processing which includes complex invoices containing customs and foreign trade details in multiple languages and seamless integration into SAP ERP financial software. Renault Argentina SA’s […]

TigerWit Expands Services with the Launch of Global Affiliate Program

LONDON–(BUSINESS WIRE)–#Affiliates–Leading Fintech service provider, TigerWit has today announced the launch of its flagship Global Affiliate Program to build on its recent expansion. The new program will enable affiliate partners to benefit from the innovative trading technology that the company has developed, offering clients instant access to a wide range of financial products including FX, […]

Card Issuers Confront Fast-Moving Fraud While Optimizing Cardholder Spend with AI-Driven Solution from Fiserv

Advance Defense enables intelligent transaction decisioning BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has introduced a first-of-its-kind intelligent fraud detection solution for card issuers of all sizes, designed to help minimize fraud losses while maximizing legitimate cardholder spend for a full range of card types. […]

Covered Care Partners with Healthcare Finance Direct to Offer Affordable Financing for Patients Declined for Traditional Credit

New partnership helps providers say “yes” to more patients amid public health crisis, expanding approvals through seamless, digital application process SAN FRANCISCO–(BUSINESS WIRE)–Covered Care, a division of Covered Holdings, announced today its partnership with Healthcare Finance Direct (HFD), a leading FinTech company offering healthcare providers an enterprise-grade patient finance origination and servicing platform. Through the […]

Data Leaders Gear Up for First-Ever Data World 2020 Virtual Event

Hosted by Anodot, industry leaders from some of the world’s most notable data-driven organizations to discuss the current state of AI and analytics in the enterprise REDWOOD CITY, Calif.–(BUSINESS WIRE)–Making its first-ever debut, Data World is a premier, week-long event that will connect the top minds in data analytics for thought-provoking discussions. Hosted by Anodot, […]

Okta Unites User Identity and Device Identity for Customer-Facing Applications Through New Okta Devices SDK

New embeddable developer tooling simplifies and secures passwordless login and omnichannel customer experiences SAN FRANCISCO–(BUSINESS WIRE)–Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today at Okta Showcase, further extended its Okta Devices Platform Service capabilities to developers through the Okta Devices SDK. Using the Okta Devices SDK, developers can enable passwordless […]

eMoney Advisor Prepares For First Virtual Summit

The annual event for planning-led advisors will feature dynamic keynotes, industry experts, diverse panels, coaching, continuing education, entertainment and more Fintech Bullpen Challenge is the latest addition to the agenda RADNOR, Pa.–(BUSINESS WIRE)–eMoney Advisor (eMoney), a leading provider of technology solutions and services that help people talk about money is gearing up for the seventh […]

Williston Financial Group’s 10th Anniversary Comes in a Year of Challenge, Expansion, and Record Volumes

Three new product releases highlight 2020 for the full-service provider of nationwide title insurance and real estate settlement services PORTLAND, Ore.–(BUSINESS WIRE)–Williston Financial Group (WFG), a Portland-based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, is marking its 10th Anniversary in 2020 with record sales volume, three […]

BofA Launches Omni-Channel Approach to Cross-Currency Transactions

Clients Can Now Trade and Settle Payments in Over 140 Currencies via API, SWIFT, CashPro NEW YORK–(BUSINESS WIRE)–Bank of America is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and mobile connectivity. “We are […]

Gold Payment App CORO Granted Money Transmitter Licenses in Washington, D.C. and Washington State

MIAMI–(BUSINESS WIRE)–Coro Global Inc. (OTCQB: CGLO) today announced its subsidiary Coro Corp. has been granted Money Transmitter licenses by the Washington D.C. Department of Insurance, Securities and Banking, and the Washington State Department of Financial Institutions. As a result of the company being granted these licenses, Washington, D.C. and Washington State residents will have access […]

Allianz Life Introduces Expanded Suite of Risk Management Services for Advisors

Allianz Advisory Solutions is designed to help advisors address risk in today’s challenging market MINNEAPOLIS–(BUSINESS WIRE)–Allianz Life Insurance Company of North America (Allianz Life®), announces the expansion of its advisory channel services with the formal launch of Allianz Advisory Solutions, an expanded suite of products and services built specifically for Registered Investment Advisors (RIAs) to […]

WEX Study Finds Improved Perception of Health Savings Accounts and Telemedicine Amid Pandemic

Annual research report examines how COVID-19 has impacted the way Americans feel about their healthcare benefits FARGO, N.D.–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today released its second annual consumer study that examines Americans’ behaviors and attitudes about healthcare benefits ahead of 2021 open enrollment. This year, WEX deepened the study to […]

Pibank Launches on Red Hat OpenShift to Digitalize the Customer Experience

Red Hat’s open hybrid cloud platform helped to speed time-to-market by 2x, halve operational costs and free up the Pibank business to focus on innovation RALEIGH, N.C.–(BUSINESS WIRE)–Red Hat, Inc., the world’s leading provider of open source solutions, today announced that Pibank, part of Grupo Pichincha, has launched as a digital banking brand in Spain […]

Temenos SaaS Supports Flowe in Launching an Ethical Challenger Bank in Record Time

Flowe, the environmentally-friendly Italian challenger bank, went live in just 5 months with Temenos Transact, core banking and AI-powered Financial Crime Mitigation, delivered as SaaS With Temenos SaaS technology, Flowe has created a hyper-efficient cost structure that enables the bank to deliver more value to its customers. Temenos SaaS technology enabled Flowe to onboard over […]

RentProfile Selected as the Audience Favourite Winner at the 2020 Visa Everywhere Initiative Pandemic Challenge

LONDON–(BUSINESS WIRE)–#covid19—RentProfile, a UK proptech powering trust and convenience for the rental market, is named “Audience Favourite Winner” at the 2020 Visa Everywhere Initiative Pandemic Challenge. RentProfile was selected out of an initial pool of 1,300 fintech startups, pitching their latest product ‘Onboarding’ in Visa’s live final, virtual event in front of an audience of […]

Capgemini’s World Payments Report 2020: Will COVID-19 Spark the End of Cash Payments?

A recipe of increased payment volume, consumer behavior shifts, and greater risk create a new landscape for payments PARIS–(BUSINESS WIRE)–Payment firms are being pushed rapidly into transformation, even as they handle larger transaction volumes, face increased competition and heightened risk factors amplified by COVID-19, according to the World Payments Report 2020 published today by Capgemini. […]

Dividend Finance Announces New Lending Platform & Broader Suite of Loan Products

SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance Inc. (“Dividend”), a leading FinTech point-of-sale lender to solar and home improvement contractors, is announcing the launch of a new technology platform. In addition to a new solar + home improvement partner portal, Dividend is offering its solar contractors an array of new products and enhancements including: Dividend Lite – a […]

Esker Launches New Cash Application Automation Solution and Strengthens Its Accounts Receivable Financial Suite

LYON, France, & MIDDLETON, Wis.–(BUSINESS WIRE)–Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, today announced the launch of its Cash Application solution that enables businesses to increase the efficiency and automation of the cash application process of matching open invoices to payments received. As part of Esker’s Accounts Receivable […]

BofA Adds Three APIs to CashPro® to Advance Real-Time Treasury

APIs Support Client Demand for Seamless FX Settlement, Check Image Retrieval, and Pulling Reports NEW YORK–(BUSINESS WIRE)–Bank of America is supporting the increasing demand for real-time information and processing in corporate treasury with the launch of three new APIs (application programming interface). Connected through CashPro, the bank’s technology suite for companies, the new APIs support […]

200 Banks and Credit Unions Go Live with Zelle via Fiserv in 2020

The Federal Savings Bank and SECU among financial institutions offering Zelle® P2P payments with Fiserv turnkey implementation BROOKFIELD, Wis.–(BUSINESS WIRE)–As a growing number of consumers have embraced digital payments during the COVID-19 pandemic, financial institutions have added or enhanced person-to-person (P2P) payment capabilities, with more than 200 banks and credit unions going live on the […]

Murex Delivers Fully Managed SaaS Solution to Key Client in North America

PARIS–(BUSINESS WIRE)–Murex, the global leader in trading, risk, and processing solutions for capital markets, is pleased to announce it has reached a successful milestone in its partnership with ATB Financial (ATB), a leading and innovative Canadian financial institution and Crown corporation. In 2017, Murex began working with ATB to provide its powerful MX.3 platform. Murex […]

CellTrust SL2 Compliant Voice and Text Messaging now Available with Microsoft Azure Government

SL2 is now available in Azure Government with a dedicated instance SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#Endpoint—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today that its flagship SL2™ mobile app is also now available with Microsoft Azure Government, featuring a dedicated instance to meet the highest level of […]

FinTech Lender Credibly Supports Small Businesses During the COVID-19 Pandemic, while Preserving their Asset Backed Securitization

DETROIT–(BUSINESS WIRE)–The pandemic has had a devastating effect not only on small businesses, but also the lenders who provide them with financing. Many lenders were unable to adapt their servicing practices to accommodate distressed merchants while maintaining a viable revenue stream for themselves. In addition, those lenders relied upon their standard data and underwriting procedures […]

FirstClose Integrates with Fiserv’s Mortgage Director

AUSTIN, Texas–(BUSINESS WIRE)–FirstClose, Inc., a leading provider of technology solutions for banks and credit unions nationwide, has partnered with Fiserv to provide services to Mortgage Director users. With the integration of the FirstClose ONETM platform into the loan origination system (LOS), customers can order instant and bundled reports on flood, valuation, tax and title directly. […]

Silvergate Announces $100 Billion in Transfer Volumes Across Silvergate Exchange Network

Three years after its introduction to the digital currency industry, Silvergate’s payments platform achieves major milestone LA JOLLA, Calif.–(BUSINESS WIRE)–Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced that it has achieved $100 billion in transfer volumes across its Silvergate […]

Gartner Recognizes Intellicheck For Multiple Products in Gartner Market Guide for Identity Proofing and Affirmation

MELVILLE, N.Y.–(BUSINESS WIRE)–#authentication—Intellicheck (Nasdaq: IDN), an industry leader in identification authentication solutions, has been recognized in Gartner’s 2020 Market Guide for Identity Proofing and Affirmation. Intellicheck was noted for multiple applicable products for document-centric identity-proofing among identity proofing vendors whom the guide listed as representative of, “what’s core in the market, what extends it and […]

DataArt Partners with OpenFin to Accelerate Digital Transformation Across Financial Markets

NEW YORK–(BUSINESS WIRE)–#finance–DataArt, a global technology consultancy that designs, develops and supports unique software solutions, today announced a new partnership with OpenFin, the leading operating system (OS) for the financial services. As a Certified Development Partner, DataArt will accelerate development on OpenFin OS to deliver highly interoperable and flexible applications for financial clients. DataArt’s agile […]

Alacriti Partners with The Clearing House to Drive Faster Payments Innovation

Helping financial institutions deliver real-time payments experiences PISCATAWAY, N.J.–(BUSINESS WIRE)–#digitalpayments—Alacriti, a fintech company specializing in digital payments, today announced it is partnering with The Clearing House in order to help foster real-time payments adoption across the banking and credit union markets. Alacriti provides a cloud-native platform for faster payments innovation, enabling both banks and credit […]

AccessFintech Secures $20 Million in Series B Financing

Investment led by Dawn Capital, with additional funding from Deutsche Bank and follow on investing from J.P. Morgan, Citi, Goldman Sachs LONDON, & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–AccessFintech, the leading fintech company evolving the financial industry operating model through data and workflow collaboration, is pleased to announce the successful completion of its Series […]

 Lemonway Joins RippleNet to Power Instant, Cost-Effective Euro-to-Euro Payments

PARIS–(BUSINESS WIRE)–Lemonway, the pan-European payment solution for online marketplaces, has today announced a partnership with Ripple, the enterprise blockchain solution for global payments, to enable instant, more transparent and cost-effective European transactions. Through RippleNet, Ripple’s global financial payments network, Lemonway will transform its euro-to-euro payouts which currently make up 80% of its payments volume. Today, […]