Business Wire


HighRadius Expands Relationship with Commerce Bank to Offer Full Suite of Integrated Receivables and Treasury Management Products

AI-powered Integrated Platform to Help Banking clients Manage their Cash Flow and Cash Forecasting HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, today announced an expanded strategic relationship with Commerce Bank that furthers the financial institution’s digital transformation offering to their clients. Corporate clients are looking […]

Fintech Machine Learning Leader Attunely Secures $9M in Funding

New capital will support expansion of team; Attunely technology helps financial and creditl institutions better manage revenue recovery and the consumer experience SEATTLE–(BUSINESS WIRE)–Attunely Inc., a pioneer in deploying machine learning to maximize revenue recovery and enhance the consumer experience, today announced $9 million in financing. The new capital includes an earlier seed round as […]

Sensibill Launches Smart Technology to Rapidly Extract Receipt Data

API-powered solution automates and simplifies the transcriptions of receipts at scale, driving deeper customer engagement and loyalty for businesses TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of SKU-level data and financial tools like digital receipt management that help institutions better know and serve their customers, today announced the launch of its newest product: Receipt Extraction API. The […]

Lightyear Capital Announces the Formation of ProfitSolv

Integrated B2B Payments and Software Platform for Professional Services Providers NEW YORK–(BUSINESS WIRE)–Lightyear Capital LLC (“Lightyear”), a New York-based private equity firm focused on financial services, announced today that investment funds affiliated with Lightyear have established ProfitSolv (or the “Company”) to acquire integrated billing, payments, and software solutions for legal, accounting, and other professional services […]

Sontiq™ Announces Advancement in Fintech with Patent-Pending Digital Fraud Protection for Payments Sector

Innovation Fuses Credit and Dark Web Monitoring with Mobile Threat Protection to Alert Consumers of Compromised Accounts and Hacked Credentials Related to Digital Payments BOSTON–(BUSINESS WIRE)–#IntelligentIdentitySecurity—Sontiq, the leader in Intelligent Identity Security, today announced a new disruptive pairing in Fintech for the payments sector – a patent-pending Digital Fraud Protection System designed to work with […]

Wells Fargo and Envestnet | Yodlee Sign Data Exchange Agreement

Agreement will provide customers with greater convenience, control, and security when sharing financial data with fintech apps. SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) announced today it has entered into a data exchange agreement with Envestnet | Yodlee, a leading financial data aggregation and analytics platform. Powered by an application programming interface (API), Wells […]

 VoPay’s Payment Technology Solution Powers MICC Financial’s New Savings Platform

VANCOUVER, British Columbia–(BUSINESS WIRE)–#digitalpayments–VoPay, a leader in payments innovation, is now powering the payment layer of MICC Financial’s rotational savings platform. VoPay’s payment technology platform provides an ideal solution to enable the new generation of financial technology businesses to easily and rapidly incorporate payments into their technology applications. With access to a full suite of […]

German Fintech Vanta Chooses Marqeta to Launch Credit Card for German Startups

Powered by Marqeta’s modern card issuing platform, Vanta develops its next generation card offering in just three months. LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today announced that it has helped Berlin based fintech, Vanta, launch its next generation credit card for startups – the first of its kind in Germany. Using the Marqeta […]

Franklin Templeton Multi-Asset Solutions Business and Quantitative Manager QS Investors Join Forces

More Than $120 Billion Solutions Business Brings Together Complementary Client Bases, Geographical Footprint and Investment Strengths Combination Adds Scale, Expertise and Cutting-Edge Technology to Deliver Best-in-Class Solutions for Clients SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today announced its plans to combine the Franklin Templeton Multi-Asset Solutions (FTMAS) and QS Investors capabilities to form Franklin Templeton Investment […]

Intuit Launches Omnichannel Sales Platform QuickBooks Commerce

QuickBooks Commerce gives small businesses access to millions of new customers Open platform creates single hub for preferred marketplaces and business solutions; sales from Amazon, Squarespace, ShopKeep reconcile within QuickBooks’ technology MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit launched QuickBooks Commerce, a business management platform to help small businesses attract and sell to new customers across multiple […]

TELUS International Named to Constellation ShortListTM for Customer Experience (CX) Operations Services: Global

Offerings for Digital Leaders Reinventing Operations and Transforming Business Models VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS announced today that TELUS International, a leading global customer experience and digital solutions provider, was named to the Constellation ShortList™ for Customer Experience (CX) Operations Services: Global in Q3 2020. The technology vendors and service providers included in this program deliver […]

Mastercard Expands its Digital First Card Program Amid Growing Demand for Digitally Driven Money Management Solutions

Mastercard’s Digital First Card Program lays the foundation for issuing banks, fintechs, and traditional co-brand partners to offer end-to-end payments solutions to cardholders PURCHASE, N.Y.–(BUSINESS WIRE)–Directly addressing today’s generation, who does everything – from ordering meals to scheduling doctor’s appointments – on their mobile phones or online, Mastercard today announced the expansion of its Digital […]

Gold Payment App CORO Granted Money Transmitter License in Delaware

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 Delaware, Office of the State Bank Commissioner. As a result of the company being granted this license, Delaware residents will have access to CORO, which is a payment app that allows customers […]

FIS Partners with The Clearing House to Bring Real-Time Payments to U.S. Financial Institutions

Key facts New FIS managed service eases the process for small-to-mid-sized banks and credit unions to connect to the RTP® network from The Clearing House. First Bank and Nano Banc are among the first banks to begin real-time payment processing and settlement through the FIS managed service.   JACKSONVILLE, Fla.–(BUSINESS WIRE)–As consumers and businesses increasingly […]

Total Economic Impact Study Finds Azul Zing Achieves 224% ROI and Total Benefits of $2.2 Million Over Three Years for Its Java Virtual Machine

In less than 3 months, Azul Zing pays for itself by cutting development and infrastructure costs while meeting performance SLAs SUNNYVALE, Calif.–(BUSINESS WIRE)–#Java–Azul, provider of the world’s most trusted open source Java platform, today announced findings of a new commissioned study conducted by Forrester Consulting that reveals that the Azul Zing Java Virtual Machine typically […]

Tresata Will Offer Its AML Diagnostic System for Free to Help Banks Named in The ICIJ FinCEN Reports Pinpoint Entity Intelligence Shortcomings

Tresata’s Fraud Intelligence System is designed to not just report suspicious activity, but also help prevent it CHARLOTTE, N.C.–(BUSINESS WIRE)–#AI–Tresata, a pioneering Intelligence Software company, will offer, at no charge, its automated AML Diagnostic System to all Banks named in the FinCEN reports to help them better understand the adequacy of their current systems and […]

Workiva Wraps Up Amplify 2020: Global Conference Transformed into a Virtual Experience for Over 6,000 Attendees Across 60 Countries

AMES, Iowa–(BUSINESS WIRE)–$WK #100BestCos—Workiva Inc. (NYSE:WK), the company that simplifies complex work, wrapped up its largest annual conference, Workiva Amplify, following three days of incredible virtual experiences. More than 6,000 attendees from over 60 countries participated in 42 customer, partner and Workiva led sessions focused on solving the universal challenges of data, process and reporting […]

Razer Unleashes a Fleet of Wireless Flagships

Using the industry-leading, ultra-low latency Razer™ HyperSpeed Wireless technology to power the new Razer BlackShark V2 Pro, DeathAdder V2 Pro and BlackWidow V3 Pro, Razer cuts the cables on three of the most iconic gaming peripherals IRVINE, Calif.–(BUSINESS WIRE)–#Gaming–Razer™, the leading global lifestyle brand for gamers, today announced the launch of the new Razer BlackShark […]

Winners of Nationwide Housing Affordability Breakthrough Challenge Named

Six housing innovators receive a total of $12 million in grants to create housing affordability solutions across the U.S. COLUMBIA, Md. and SAN FRANCISCO–(BUSINESS WIRE)–Although the housing challenges facing millions of Americans often seem intractable, organizations from across the U.S. are collaborating to deliver fresh, innovative and scalable ideas to create housing affordability solutions with […]

Earnnest Appoints Russell Smith as General Manager of Earnnest Enterprise

Leading Real Estate Payments Company Strengthens Leadership Team with Industry Innovator GREENVILLE, S.C.–(BUSINESS WIRE)–#REALTOR–Earnnest, the largest digital earnest money service in the U.S., today announced the launch of its new Earnnest Enterprise division and the appointment of Russell Smith to the position of General Manager, Earnnest Enterprise. Earnnest has quickly built a name helping homebuyers […]

SBLI & Afficiency Inc. Announce Strategic Partnership

New Instant Issue and 100% Digital Term Products for Worksite and Retail Markets WOBURN, Mass.–(BUSINESS WIRE)–SBLI and Afficiency Inc. announce a strategic partnership and the release of two new simplified issue term life insurance products – a retail and a worksite version – that allow consumers to easily purchase life insurance online. These products offer […]

PreCheck Partners With KEO World to Provide Medical Equipment Financing for Its PC8B Medical Device for Sale in the United States

MIAMI–(BUSINESS WIRE)–KEO World, LLC, an innovative lending Fintech company, announces an exclusive financing agreement with PreCheck Health Services, Inc. (OTC PINK: HLTY) for the sales and leasing of its PC8B medical devices in the United States. PreCheck Health Services, Inc. is a distributor of medical screening devices for use by physicians in managing patients’ health. […]

Luma Financial Technologies Expands Presence in Latin America with StoneX Financial Inc. Signing

StoneX Financial Inc.’s Network of Clearing Correspondents Gain Enhanced Access to Structured Products CINCINNATI–(BUSINESS WIRE)–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that StoneX Financial Inc., a subsidiary of StoneX Group Inc. has selected the Luma platform to offer clients unparalleled access to the structured solutions market. StoneX Group […]

AICPA, CPA.com and Biz2Credit Launch New Platform for Small Business Funding

Cloud Solution Incorporates Enhanced Administrative Capabilities to Manage PPP Loan Forgiveness and Provide Lending Solutions to CPA Clients NEW YORK–(BUSINESS WIRE)–The American Institute of Certified Public Accountants (AICPA), its business and technology arm, CPA.com, and fintech leader Biz2Credit today announced they are teaming up on a new platform, CPALoanPortal.com, to streamline the process for CPA […]

United Mississippi Bank Upgrades Digital Presentment with HC3

Bank expands relationship with HC3 to enhance digital customer experience BIRMINGHAM, Ala.–(BUSINESS WIRE)–As more of its customers request to opt into digital banking documents, Natchez, Miss.-based United Mississippi Bank (UMB) ($361 million in assets) sought to enhance their customer experience by upgrading their digital communications. The bank turned to long-time partner HC3, a data-driven tech […]

LinkedIn Unveils 2020 U.S. Top Startups List

Honorees Innovate Through Pandemic, Reflecting the Rise of Virtual Business Across Real Estate, Health Care and E-Learning SUNNYVALE, Calif.–(BUSINESS WIRE)–#LinkedInTopStartups—LinkedIn, the world’s largest professional network, announced today the 2020 LinkedIn Top Startups list, identifying the top 50 emerging and growing startups in the U.S. The Top Startups have pivoted successfully to meet the challenges of […]

Nearly 40% of Parents Who Didn’t Plan to Apply for Federal Aid Now Say They Will as a Result of Covid-19 Pandemic

Forty-four percent of parents report they can’t afford to pay as much of their child’s education as originally planned RIVERWOODS, Ill.–(BUSINESS WIRE)–As COVID-19 has generated much uncertainty in this year’s college experience for both students and their families, a survey from Discover Student Loans indicated more families are hoping to take advantage of federal aid. […]

Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence

SHIFT IN CONSUMER BEHAVIOUR DRIVEN BY CREDIT-HUNGRY MILLENNIAL AND GEN-Z SHOPPERS LONDON–(BUSINESS WIRE)–New data from fintech research specialists Kaleido Intelligence has found that $680 billion will be spent by global consumers using ePOS finance/Buy Now Pay Later (BNPL) over eCommerce channels in 2025. This will represent a 92% rise over the $353 billion spent in […]

Reech Corporations Group Launches Odysseus Investments

– Former Head of Global Principal Investments at BofA Merrill Lynch Adam Battersby appointed as CEO – New growth investment arm will focus on finance and technology sectors, investing capital to drive digitisation of traditional sectors LONDON–(BUSINESS WIRE)–Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a […]

inwi money Launches International Money Transfer Capability in Partnership With WorldRemit and MFS Africa

RABAT, Morocco–(BUSINESS WIRE)–inwi money, a subsidiary of inwi and leading telecom player in mobile money services, has expanded its offering with the launch of an international money transfer service for its “inwi money” customers. “The launch of this new service is a concrete result of our efforts to diversify the available payment methods in Morocco, […]

Purdue Federal Credit Union Selects Payrailz® to Support Payment Strategy

-Credit union also invests in CU Railz® CUSO to influence development of new payment technologies- GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced that is has been selected by Purdue Federal Credit Union ($1B in assets) for payments services. Additionally, […]

River Valley Community Bank Selects NCR to Transform Digital Banking Experience for Consumers and Businesses

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Yuba City, Calif.-based River Valley Community Bank (RVCB) selected NCR to provide a more seamless digital banking experience for its consumer and business customers. With the NCR DI platform, RVCB expects to broaden capabilities and self-service options for […]

Vela Named Best Low-Latency Data/Technology Provider

WatersTechnology recognises SuperFeed in the Inside Market Data Awards LONDON & NEW YORK & CHICAGO–(BUSINESS WIRE)–#Awards—Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, has won the Inside Market Data award for Best Low-Latency Data/Technology Provider. This category honours the trading technology firm that delivers trading advantages through the […]

Cloud Communications Platform, Melrose Labs to Protect Businesses from Fraud with New Technology Partnership

Melrose Labs has partnered with Phronesis Technologies to reassure businesses that customers are who they say they are EDINBURGH, Scotland–(BUSINESS WIRE)–Following the launch of its voice and messaging services earlier this year, Melrose Labs’ new partnership will see the platform develop new identity verification services that will protect businesses and improve customer engagement. The new […]

Regions Bank Announces Special Financial Services in Areas Impacted by Hurricane Sally

Fee waivers, deferred payments and additional offers available to support storm recovery. BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank on Friday announced a series of financial services that are available to help people and businesses in portions of Alabama, Florida and Mississippi that were impacted by Hurricane Sally1. Options include payment extensions, the waiving of certain fees, interest […]

Figure Launches First Digital Fund Services Offering on Blockchain

Accomplishment Marks Use Case Expansion Across Financial Services Landscape with Friends & Family Capital II, L.P. as Inaugural Customer for Figure’s New Digital Fund Services Offering. SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today has launched the world’s first end to end digital funds […]

Majesco Partners with Industry Leaders to Highlight Today’s Emerging Technologies

New sessions to the Future of Insurance: Ecosystems Partners uncovers the latest technologies reshaping the future of insurance MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions platforms, today announced the addition of new podcast sessions to the Future of Insurance: Ecosystem Partners podcast series. The latest episodes feature host Denise […]

PPB Capital Partners Provides Access to Premier Technology Venture Capital Managers

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–PPB Capital Partners (“PPB” or “the Firm”), a provider of alternative investment solutions and streamlined processing for wealth advisors, has announced a strategic partnership that will increase access to premier technology venture capital managers. As the world responds to the global pandemic there is no doubt that disruption and adaptation will shape the […]

Western Union and Isabel Group team up to provide international payment services to Belgian companies

Western Union Business Solutions becomes a partner of Isabel Group to provide international payment services on the BtoB multi-banking platform Isabel 6 BRUSSELS–(BUSINESS WIRE)–#grow–Western Union, a leader in cross-border, cross-currency money movement and payments, announces a collaboration between its business division, Western Union Business Solutions, and Isabel Group, the leading provider of multi-bank services for […]

Apifiny Partners with ECS Fin to Launch Pilot Program of Roxe Network

ECS Fin to Test Roxe APIs for Potential Integration of Roxe Network with Bank Customers Across the Globe SAN FRANCISCO–(BUSINESS WIRE)–Apifiny, a leading fintech company that is building a new internet of financial services, today announced that ECS Fin will begin a pilot program to test the integration of Apifiny’s Roxe instant settlement network. The […]