Business Wire


FIS Launches New Trade Matching Solution to Revolutionize the UK Securities Finance Market

Key facts FIS has launched its new Securities Finance Matching Platform in the UK for lenders and borrowers. The solution will facilitate secure, scalable, and cost-effective straight-through processing of securities finance trades. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Global financial technology leader FIS® (NYSE: FIS) has launched its new automated matching and execution platform for securities finance trades in […]

Tech Update: Advisor360° Launches New Bulk Onboarding Capability for Accelerated Client Account Transitions

New Capability Supports Repapering Up to 6,000 Accounts in Seconds; New Mobile App & Home Office Dashboard Improve Functionality WESTON, Mass.–(BUSINESS WIRE)–#ConnectedWealth—Advisor360°, a leading provider of integrated technology for enterprise wealth management firms, has launched Account Transitions, its newest Digital Onboarding capability that allows firms to easily repaper thousands of client accounts in seconds in […]

Arcesium Unveils Opterra Investment Lifecycle Management Platform Empowering Investment Firms to Drive Operational Alpha

Arcesium launches next iteration of its operational platform allowing investment managers to unlock growth through optimized operations and accelerated data strategies NEW YORK–(BUSINESS WIRE)–Arcesium, a leading provider of investment lifecycle and data management technology for the global investment industry, today launches its next-generation operational platform, Opterra, designed to enable investment managers to thrive in complexity, […]

Clair Partners with Gusto to Offer Embedded On-Demand Pay to Employees at Many of Their 300K Businesses

Gusto Is the First Partner to Leverage Clair’s New Embedded Offering That Seamlessly Integrates Earned Wage Advances Into HR Tech and Payroll Platforms NEW YORK–(BUSINESS WIRE)–Clair, the pioneering fintech company offering free Earned Wage Advances (“EWA”) originated by a national bank, today announced a unique new partnership with Gusto, an integrated, all-in-one software platform that […]

Apex Fintech Solutions Announces Launch of Apex Ascend™, A Real-Time, Cloud-Native Investment Infrastructure

DALLAS–(BUSINESS WIRE)–Apex Fintech Solutions Inc. (“Apex”), an innovation launchpad for the global investment ecosystem, announced today that Apex Ascend, is now available — delivering real-time, cloud-native, B2B investment infrastructure designed to accelerate our clients’ ability to operate efficiently and better navigate risk on a global scale. “Platform breakthroughs like this don’t come around every year […]

CIBC Asset Management Returns to Cboe Canada for Launch of 9 Bond ETFs

TORONTO–(BUSINESS WIRE)–$CTBA #Cboe–Today, Cboe Canada Inc. (“Cboe Canada”) welcomes CIBC Asset Management for the launch of nine target maturity bond ETFs. The new funds offer access to Canadian or U.S. investment grade bonds and now trade on Cboe Canada under the following names and symbols: – CIBC 2025 Investment Grade Bond Fund ETF (CTBA) – […]

PLS Launches Xpectations!® Plus Debit Card, Providing Affordable Banking and Payment Services

Powered by Green Dot’s single-source embedded finance platform, the Xpectations!® Plus Debit Mastercard® expands access to the banking system for PLS’ five million-plus customers AUSTIN, Texas–(BUSINESS WIRE)–#BaaS–The PLS family of financial service centers, one of the nation’s largest providers of community based financial services, today announced the launch of the Xpectations!® Plus Debit Card, a […]

FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes

Key Facts SMB Digital Lending leverages advanced data analytics and machine learning to help banks profitably source, underwrite, and fund loans of any size to small and medium-sized businesses. The solution, launched in partnership with Lendio, is FIS’ first in a portfolio of digital banking solutions to focus specifically on loans for small and medium-sized […]

defi SOLUTIONS Announces New Partnership with F&I Sentinel to Bring Comprehensive After-Market Finance and Insurance Compliance to Lenders

Two industry leaders partner for the good of the lending industry. WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS, the leading provider of originations, servicing, and managed servicing software and services, is pleased to announce the addition of F&I Sentinel to the defi family of providers partnering to improve fintech for the lending industry. F&I Sentinel provides technology-enabled risk […]

Rapid Finance’s API-Supported Small Business (SMB) Disclosure Service Now Supports Kansas’ New Commercial Financing Disclosure Requirements

BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Kansas’ new commercial disclosure requirements that took effect July 1, 2024. The passage of Senate […]

TELUS International (rebranding to TELUS Digital Experience) Announces Leadership Appointments, Driving Continued Momentum for its Enterprise-Grade Generative AI Engine, Fuel iX

AI and SaaS Industry Veterans, Bret Kinsella and Tim MacGregor, Bring a Combined 50 Years of Experience to TELUS Digital Experience VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International, rebranding to TELUS Digital Experience later in the third quarter (NYSE and TSX: TIXT), has recruited two seasoned artificial intelligence (AI) and Software as a Service (SaaS) industry professionals […]

Great Wall Strategy Consultants Announces Publication of the World Unicorns Development Report 2024 at the 2024 Unicorn Enterprise Innovation and Development Conference, Held in Zhengzhou

ZHENGZHOU, China–(BUSINESS WIRE)–During the 2024 Unicorn Enterprise Innovation and Development Conference on July 10, 2024, Great Wall Strategy Consultants released the “2024 World Unicorns Development Report,” revealing key insights into the global unicorn landscape. According to the report, as of 2023, there are 1,201 unicorn startups worldwide, demonstrating robust vitality and innovative potential. The report […]

Earnest Honored Among CNBC World’s Top FinTech Companies

Student Lender Recognized for Growing Impact on Higher Education Accessibility and Affordability SAN FRANCISCO–(BUSINESS WIRE)–Earnest, a leading fintech company on a mission to make higher education affordable for all, has been honored on CNBC’s list of the World’s Top FinTech Companies of 2024, which is co-presented by Statista, the world-leading statistics portal and industry ranking […]

J.D. Power Launches Mobile App Platform Certification for Banking to Recognize Customer Experience Best Practices

Alkami Technology Becomes First Platform Company to Achieve Certification TROY, Mich.–(BUSINESS WIRE)–J.D. Power, a global leader in data analytics, today announced the J.D. Power Mobile App Platform Certification—BankingSM to recognize mobile app technology platform providers that provide an exceptional mobile app experience. This exclusive program reflects the commitment and dedication of select technology providers to […]

Guidewire Announces Acini as New Consulting Alliance Partner

SAN MATEO, Calif. & WARSAW, Poland–(BUSINESS WIRE)–#consulting–Guidewire (NYSE: GWRE) announced that Acini, technology and business specialists bringing a better digital experience to the insurance industry, has joined Guidewire PartnerConnect as a Consulting Alliance partner at the Select level serving insurance companies in EMEA and North America. Recently, Acini was recognized as the third place winner […]

BNP Paribas Collaborates With Ant International on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Ant International and BNP Paribas will explore innovations on tokenised deposits to improve businesses’ efficiency for global fund settlements, through the Whale platform Alipay+ will support BNP Paribas in helping its merchants implement cross-border mobile payment solutions from international payment applications WorldFirst will establish a direct connection to the Single Euro Payments Area Scheme, with […]

AtlasClear Holdings Launches New Online Account Application with Pacsquare

Launch Expected to Provide a Streamlined Onboarding Process for Clients TAMPA, Fla.–(BUSINESS WIRE)–AtlasClear Holdings, Inc. (“AtlasClear Holdings”) (NYSE American: ATCH) today announced the launch, in collaboration with Pacsquare Technologies LLC (“Pacsquare”), of a next-generation online account application that it expects will streamline the onboarding process for its clients in the U.S. “We are thrilled to […]

FIS Post Trade Processing Platform Recognized with Awards Trifecta for Functional Excellence and Innovation

Key facts The FIS Post Trade Processing Platform has won three Best of awards across North America, Europe and APAC. The cloud-based platform helps address post-trade challenges faced by sell-side financial institutions, including processing complexity, regulatory and market changes, legacy technology, and the need for global cross-asset coverage. These prestigious awards recognize excellence in the […]

America First Credit Union Partners with Loquat Inc. for Small Business Account Onboarding

Top 10 credit union will adopt a new small business banking platform to create a streamlined digital process for business members including digital account opening, virtual cards, payments and reporting OGDEN, Utah & MIAMI–(BUSINESS WIRE)–America First Credit Union has selected Loquat Inc. to help enhance the onboarding experience for small business members. The partnership will […]

Utah First Credit Union Announces Opening of New Branch & Giveaway

SALT LAKE CITY–(BUSINESS WIRE)–Utah First Credit Union, one of Utah’s leading financial institutions, is honored to announce its newest branch opening at 2111 East Riverside Drive, St. George, Utah. Utah First to Improve Banking in St. George Utah First is set to elevate the banking experience in St. George by balancing modern digital banking products […]

SMArtX Advisory Solutions Expands Model Marketplace with 21 New Strategies from Eight Leading Asset Management Firms

Moody Aldrich Partners and Vineyard Global Advisors Join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech—SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, has announced the addition of 21 new strategies from eight leading asset management firms to its rapidly expanding platform. With this expansion, SMArtX’s cutting-edge platform now offers 1,484 strategies […]

Fifth Third Bank Financial Empowerment Mobile Serves More Than 1,000 Residents in First 60 Days

CINCINNATI–(BUSINESS WIRE)–The Fifth Third Bank Financial Empowerment Mobile, commonly known as the eBus, brings financial access, social services and education directly into communities across the Bank’s 11-state footprint, especially in underserved areas. Since the eBus began its 2024 tour on May 3, it has traveled nearly 3,000 miles, visited 18 communities and served nearly 1,100 […]

InvestCloud Named a World’s Top FinTech Company by CNBC

Annual recognition identifies technology firms shaping the future of financial services LOS ANGELES–(BUSINESS WIRE)–InvestCloud, a global provider of wealth and asset management solutions, has been named to the annual list of the World’s Top Fintech Companies in recognition of its consistent delivery of fintech innovation. The list, which is compiled by CNBC and independent research […]

Sovereign’s Capital Closes its Largest-Ever Venture Capital Fund

ATLANTA–(BUSINESS WIRE)–#faithdrivenentreprenuer—Sovereign’s Capital, a diversified alternative asset manager dedicated to excellence in faith-driven investing, has closed its largest venture capital fund to date, Venture Capital Fund IV, LP, with over $60 million in committed capital. The fund’s investors include both existing limited partners and new institutional investors, making it the firm’s largest pool of capital […]

D.A. Davidson Advises Industry-Leading Data Management Provider, ZEMA Global Data, on Its Significant Growth Investment from FTV Capital

NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. is proud to announce that it served as the exclusive strategic and financial advisor to ZEMA Global Data, formerly ZE PowerGroup, on its significant growth investment from FTV Capital, the sector-focused growth equity investment firm based out of San Francisco, New York, Connecticut and London. “ZEMA, with its award-winning […]

University of Phoenix Launches new Bachelor of Science in Finance and Technology Program Designed to Meet the Modern Demands of Business

New degree program highlights the intersection of finance and technology with insights on decentralized finance PHOENIX–(BUSINESS WIRE)–University of Phoenix College of Business and Information Technology has launched a new Bachelor of Science in Finance and Technology (BSFIN) degree program designed to prepare program students for the demands of modern business where finance and technology intersect. […]

CASEpeer Launches Integration With Global AI Powered Communications Solution RingCentral Online Faxing

Leading Software Solution For Personal Injury Firms Transforms The Client Communication Experience For Legal Professionals IRVINE, Calif.–(BUSINESS WIRE)–#fintech—CASEpeer, the #1 rated software for personal injury law firms, has announced its new integration with the leading AI-powered global cloud communications software, RingCentral. This fax integration embedded into CASEpeer will allow customers to streamline the client communication […]

DriveWealth Named to CNBC World’s Top FinTech Companies 2024 List

Financial technology platform recognized for its global efforts in the Wealth Technology category NEW YORK–(BUSINESS WIRE)–DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, was recognized on the second edition of CNBC’s “World’s Top FinTech Companies 2024” list that was released today. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal […]

SCBX, SCB 10X and SambaNova Enter Into Milestone Agreement to Expand AI Models; Typhoon Thai LLM Added to Samba-1

  PALO ALTO, Calif.–(BUSINESS WIRE)–#AI—SambaNova Systems, the generative AI solutions company with the fastest models and most advanced chips, announces that “Typhoon”, a Thai Large Language Model (LLM) powered by SCBX and SCB 10X, has been introduced into the Samba-1 Composition of Experts (CoE) model. Mr. Kasima Tharnpipitchai, Head of AI Strategy at SCB 10X, […]

Arteria AI Delivers Award-Winning Documentation Infrastructure Through Google Cloud Marketplace

NEW YORK–(BUSINESS WIRE)–#AI—Arteria AI, the award-winning global leader in enterprise digital documentation infrastructure, today announced its availability on Google Cloud Marketplace, providing customers the ability to turn documents into data to drive automation and intelligence into core business processes. Google Cloud Marketplace lets users quickly purchase and run functional software that runs on Google Cloud. […]

Embroker and Millennial Shift Expedite Buying Process for Excess Tech E&O / Cyber Insurance for Brokers

SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital insurance company radically simplifying the insurance buying experience, today announced a strategic partnership with Millennial Shift Technologies (MShift), a leading policy distribution platform for insurance brokers. This collaboration introduces a new API integration: the first-ever automated Excess Technology Errors and Omissions (Tech E&O) / Cyber solution in the insurance space […]

ACI Worldwide Named to CNBC’s World’s Top Fintech Companies 2024 List

OMAHA, Neb.–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced its inclusion on CNBC’s prestigious World’s Top Fintech Companies 2024 list. The annual ranking, a collaboration between CNBC and Statista, recognizes the fintech vanguard – the most groundbreaking and impactful companies shaping the future of finance. CNBC’s World’s Top […]

Reading Cooperative Taps KlariVis for its Enterprise Data and Analytics Solution

– Reading Cooperative becomes KlariVis’ fifth Massachusetts-based customer – ROANOKE, Va.–(BUSINESS WIRE)–KlariVis, a pioneer in data analytics for banks, has been selected by Massachusetts-based Reading Cooperative to implement its enterprise data and analytics solutions. Reading Cooperative marks the fifth Massachusetts-based customer for KlariVis. Reading Cooperative is a depositor-owned co-operative founded in 1886, with nearly $1 […]

Sonar Launches “Red Flag” Service to Help Banks and Fintechs Verify If Their Customer Data Has Been Leaked in Recent Breaches

New service offers financial institutions an easy way to protect their customers from malicious account takeovers SAN FRANCISCO–(BUSINESS WIRE)–Sonar, the leading fraud data sharing consortium, is launching its new Red Flag service to help banks and fintechs quickly verify if their customers’ data has been compromised in a breach or used for fraudulent activities, such […]

Nitrogen Simultaneously Launches Integrated Software Products for Financial Planning, Investment Research and Risk Alignment

AUBURN, Calif.–(BUSINESS WIRE)–Nitrogen (formerly Riskalyze), the company that is revolutionizing how wealth management firms scale the delivery of personalized advice, today announced the availability of an integrated client engagement platform featuring three products from the wealthtech innovator: Nitrogen Risk Center, Nitrogen Planning Center, and Nitrogen Research Center. The products are available to solo advisors a […]

Eastern Alliance Adopts CLARA Analytics AI Platform to Improve Workers’ Compensation Claims Management

Award-Winning AI Platform Lowers Medical Costs and Leads to Betters Outcomes SUNNYVALE, Calif. & LANCASTER, Pa.–(BUSINESS WIRE)–#AI—Eastern Alliance Insurance Group (“Eastern Alliance”), a wholly-owned subsidiary of ProAssurance Corporation, has selected the CLARAty.ai platform developed by CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, to enhance medical outcomes for […]

SMArtX Advisory Solutions Introduces Transition Analysis Tool to Help Advisors Enhance Tax Efficiency

The new tool represents SMArtX’s commitment to pioneering a new era in managed account administration with advanced automation and customization. WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech—SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, today announces the launch of its SMArtX Transition Analysis Tool. This innovative solution empowers financial advisors to seamlessly migrate client […]

HSBC Partnered with Visa to Develop Zing International Money App

Zing members are able to hold funds in up to 10 different currencies, send over 30 currencies, and transact in more than 200 countries and territories worldwide Zing leverages Visa technology to empower UK members with international money needs LONDON–(BUSINESS WIRE)–Visa (NYSE: V) and HSBC (LON: HSBA) today announced the technological collaboration in support of […]

B2Broker Announces B2Prop – An All-Inclusive Solution for Launching a Prop Trading Firm

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Proprietary trading, or “prop trading,” is quickly emerging as a significant trend within financial domains. The global prop trading industry, valued at USD 6.7 billion in 2020, is anticipated to observe a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. The burgeoning interest is self-evident, with the search […]

SES Risk Solutions and Guaranteed Rate Insurance Partner to Better Serve Real Estate Investor Clients and Streamline the Insurance Process

IRVINE, Calif.–(BUSINESS WIRE)–#GUARANTEEDRATE—SES Risk Solutions, a managing general underwriter specializing in real estate investor insurance, and Guaranteed Rate Insurance, a subsidiary of Guaranteed Rate Companies, the second-largest retail mortgage lender in the United States, today announced a new partnership. This strategic alliance will enable rental property owners to easily secure comprehensive landlord insurance coverage as […]

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