Business Wire

PortX and Hummingbird Partner to Streamline Compliance and Regulatory Technology for Financial Institutions thumbnail

PortX and Hummingbird Partner to Streamline Compliance and Regulatory Technology for Financial Institutions

SEATTLE–(BUSINESS WIRE)–#banking—PortX, the leading integration technology company for financial institutions, delivering open access to data and enabling rapid innovation through its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with Hummingbird, the premier provider of compliance platforms for anti-money laundering and financial crime investigations. This strategic alliance aims to significantly ease the process for financial institutions (FIs) […]

Tigress Financial Partners to Offer Co-Branded Access to the ICE TMC Bond Trading Platform thumbnail

Tigress Financial Partners to Offer Co-Branded Access to the ICE TMC Bond Trading Platform

ATLANTA & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Tigress Financial Partners, the nation’s only certified disabled and women-owned financial services firm, will provide a co-branded version of the ICE TMC bond platform to its network of dealers and investment managers. ICE […]

New SoFi at Work Survey Finds More Employees than Ever are Stressed About Finances, Reveals Simple Ways Employers Can Help thumbnail

New SoFi at Work Survey Finds More Employees than Ever are Stressed About Finances, Reveals Simple Ways Employers Can Help

1,500 HR Leaders & Employees Offer Insight into the Advantages of Financial Well-Being Benefits on Employees’ Overall Well-Being & Business Performance in 2024 SAN FRANCISCO–(BUSINESS WIRE)–$SOFI–More employees than ever — nearly 9 out of 10 — are feeling stressed about their finances, with almost half saying they’re just getting by. Despite budgets for salary increases […]

Oregon State Credit Union Selects Bankjoy’s Online Account Opening & Online Loan Application to Fuel Continued Growth thumbnail

Oregon State Credit Union Selects Bankjoy’s Online Account Opening & Online Loan Application to Fuel Continued Growth

DETROIT–(BUSINESS WIRE)–Oregon State Credit Union has partnered with leading digital banking provider, Bankjoy to deliver a frictionless and intuitive onboarding experience for members, whether they are opening a new account or applying for a loan. Oregon State Credit Union will leverage Bankjoy’s standalone Online Account Opening and Online Loan Application product suite. Originally founded in […]

Mahalo Banking Reimagines the Software Development Toolkit (SDK) thumbnail

Mahalo Banking Reimagines the Software Development Toolkit (SDK)

Empowers Credit Unions to have a More Member Centric Approach TROY, Mich.–(BUSINESS WIRE)–#MobileBanking–Mahalo, a leading innovator in financial technology solutions and a CUSO that provides online and mobile banking solutions for credit unions, announced today the next generation of its Software Development Kit (SDK), designed to elevate the capabilities of credit unions and their vendor […]

Nepal Clearing House Taps ACI Worldwide to Pioneer Card Payment Central Infrastructure thumbnail

Nepal Clearing House Taps ACI Worldwide to Pioneer Card Payment Central Infrastructure

MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced that Nepal Clearing House (NCHL), a public limited company under the leadership and guidance of Nepal Rastra Bank (NRB, The Central Bank of Nepal), has chosen the award-winning ACI Enterprise Payments Platform for the establishment and operation of National Payment […]

Fiserv Small Business Index™ for January 2024: Consumer Spending Steady to Start New Year thumbnail

Fiserv Small Business Index™ for January 2024: Consumer Spending Steady to Start New Year

Fiserv Small Business Index of 138 indicates consumers continue to spend consistently Small business sales grew +0.1% month-over-month; year-over-year sales grew +1.7% BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index™ for January 2024. The Fiserv Small Business Index is an […]

ICE Mortgage Monitor: Positive Signs in Housing, Mortgage Markets Ahead of Spring Homebuying Season thumbnail

ICE Mortgage Monitor: Positive Signs in Housing, Mortgage Markets Ahead of Spring Homebuying Season

– Affordability has improved along with rates in recent months, with the share of income required to purchase the median home falling nearly 5 percentage points from October’s 28-year high – The national inventory deficit also improved for the 7th consecutive month which, along with improved affordability, points to a better housing market environment in […]

ICE Bonds Broadens Its Fixed Income Liquidity Network with Connectivity to TS Imagine thumbnail

ICE Bonds Broadens Its Fixed Income Liquidity Network with Connectivity to TS Imagine

TS Imagine customers gain seamless access to ICE Bonds’ municipal and corporate bond liquidity ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that TS Imagine has connected to ICE Bonds to offer clients seamless access to its fixed income execution protocols and liquidity. TS […]

AtoB Announces New Global Fuel Card Partnership With Mastercard thumbnail

AtoB Announces New Global Fuel Card Partnership With Mastercard

The new agreement with Mastercard will accelerate AtoB’s mission to deliver superior customer value to its small business transportation operators, including faster payments, security features, and more SAN FRANCISCO–(BUSINESS WIRE)–AtoB, the fintech payments platform modernizing the trucking industry’s financial system, today announced a new partnership with Mastercard making them the exclusive payments network for AtoB’s […]

GenAI Jumpstart Accelerator Offers Significant Benefits for Businesses in Highly-Regulated Industries thumbnail

GenAI Jumpstart Accelerator Offers Significant Benefits for Businesses in Highly-Regulated Industries

A unique Dual-Large Language Model (LLM) Safety System safeguards against misuse, abuse and failure, including hallucinations and jailbreaking GenAI Jumpstart’s modular architecture can be adapted for use cases spanning all industries VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions, including […]

Airwallex and McLaren Racing Pen Multi-Year Partnership to Modernize Global Payment Operations and Support the Formula 1 Team thumbnail

Airwallex and McLaren Racing Pen Multi-Year Partnership to Modernize Global Payment Operations and Support the Formula 1 Team

McLaren Racing selects Airwallex as an Official Partner, modernizing their global financial operations and supporting the introduction of a digital partner merchandise platform Airwallex to become a partner of McLaren’s Formula 1 Team, as a permanent fixture across McLaren’s livery, driver overalls and other branded material through the 2024 season and beyond SINGAPORE & LONDON–(BUSINESS […]

Beem Unveils a Game-Changing Partnership with april to Create an Efficient and Intelligent Tax Filing Experience thumbnail

Beem Unveils a Game-Changing Partnership with april to Create an Efficient and Intelligent Tax Filing Experience

Super App Beem and AI-powered tax software fintech april join forces to make tax filing for Beem customers a walk in the park SAN FRANCISCO–(BUSINESS WIRE)–#AIForFinance—Beem, the groundbreaking Super App empowering Americans to navigate financial challenges with AI, proudly unveils its transformative partnership with april, an industry pioneer in AI-powered tax software. This collaboration marks […]

Cambridge Savings Bank Supports Acquisition of Melrose Affordable Housing Corporation’s New Property with Strategic Lending Package thumbnail

Cambridge Savings Bank Supports Acquisition of Melrose Affordable Housing Corporation’s New Property with Strategic Lending Package

Financing deepens the relationship between the community bank and local nonprofit and will be used to create affordable housing for low-income residents in Melrose, Massachusetts CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has provided the Melrose Affordable Housing […]

Nabis Launches Revamped Payment Solution, Nabis Capital, Expanding Financial Resources For Cannabis Operators thumbnail

Nabis Launches Revamped Payment Solution, Nabis Capital, Expanding Financial Resources For Cannabis Operators

Innovative Service Will Provide a Strong Backbone for Nabis’ Brand Partners, Streamlining Cash Flow Across Supply Chain SAN FRANCISCO–(BUSINESS WIRE)–Nabis, the leading licensed cannabis wholesale platform in the world’s largest legal market, announces the launch of Nabis Capital. The resource is an updated and streamlined payment solution that supports brand partners by helping to simplify […]

New White Paper Examines Flexibility for the Boxed-In Homeowner thumbnail

New White Paper Examines Flexibility for the Boxed-In Homeowner

Released by Marvin Chang, Executive in Residence at Duke University’s Fintech program; and Jeremy Potter, Founder, Next Belt Strategies LLC, in collaboration with EasyKnock NEW YORK–(BUSINESS WIRE)–#easyknock–Today Marvin Chang, Executive in Residence at Duke University’s Fintech program; and Jeremy Potter, Founder, Next Belt Strategies LLC, in collaboration with EasyKnock, release a comprehensive white paper assessing […]

Union Credit Marketplace Brings Next Generation of Members to Credit Unions thumbnail

Union Credit Marketplace Brings Next Generation of Members to Credit Unions

Embedded digital loan marketplace achieves significant milestones in inaugural year SANTA ROSA, Calif.–(BUSINESS WIRE)–Union Credit, the first and only marketplace for credit unions to make firm, one-click credit offers at the point of purchase, celebrates a successful first year of business. The marketplace has been a game-changer for credit unions, facilitating over $50 million in […]

FIS Completes Sale of Majority Stake of Worldpay to GTCR thumbnail

FIS Completes Sale of Majority Stake of Worldpay to GTCR

Key facts Creates two leading companies with greater strategic flexibility and operational focus to capitalize on respective growth and margin opportunities in rapidly evolving markets. FIS and Worldpay to maintain strategic go-to-market partnership preserving a key value proposition for clients of both businesses by entering into commercial agreements. FIS maintains a meaningful minority ownership position […]

Fiserv Earns Fortune World’s Most Admired Companies Distinction thumbnail

Fiserv Earns Fortune World’s Most Admired Companies Distinction

Global fintech leader recognized for exceptional leadership across all admirable attributes; innovation, people management, CSR, long-term investment value, quality of products and services, and global competitiveness among top rated BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology solutions, announced today that the company has again been named to […]

Options Secures SOC Compliance for 13th Consecutive Year thumbnail

Options Secures SOC Compliance for 13th Consecutive Year

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, the leading provider of cloud-enabled managed services to the financial sector, today announced its 13th consecutive year of compliance with the American Institute of Certified Public Accountants (AICPA) ISAE3402, SOC1, SOC2, and SOC3 standards. In 2011, Options became one of the first cloud infrastructure providers to […]

Nitrogen to Supercharge RFG’s Advisor Growth, Client Satisfaction and Retention thumbnail

Nitrogen to Supercharge RFG’s Advisor Growth, Client Satisfaction and Retention

Fast-growing hybrid RIA will leverage Nitrogen to amplify the client experience, drive enterprise value and enhance firmwide operational efficiency. AUBURN, Calif.–(BUSINESS WIRE)–#FinTech—Nitrogen, the company that is revolutionizing how financial advisors and wealth management firms grow, today announced that RFG Advisory (‘RFG’), a fast-growing platform for innovative and entrepreneurial independent advisors, has deployed Nitrogen as its […]

VoPay Announces AI Fintech Lab to Propel Innovation in Predictive Analysis and Robotic Process Automation thumbnail

VoPay Announces AI Fintech Lab to Propel Innovation in Predictive Analysis and Robotic Process Automation

VANCOUVER, British Columbia–(BUSINESS WIRE)–#AI—VoPay, a leading provider of embedded financial technology solutions, proudly announces the inauguration of its state-of-the-art Artificial Intelligence lab. This groundbreaking initiative is poised to reshape the industry landscape by amplifying VoPay’s capabilities in predictive analytics, robotic process automation (RPA), and managed services. The AI lab underscores VoPay’s unwavering dedication to innovation […]

Strategic Crossroads: Majesco’s Thought Leadership Guides Insurers To Align with the Demands of Today and the Future thumbnail

Strategic Crossroads: Majesco’s Thought Leadership Guides Insurers To Align with the Demands of Today and the Future

MORRISTOWN, N.J.–(BUSINESS WIRE)–#futureforecast–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new thought leadership report, Realignment in Insurance: Strategic Priorities for Success, based on primary research with insurers. This new report underscores why the operational models and technology foundation, employed for decades, no longer align […]

Sucden Group Selects ICE to Support OTC Derivatives Pricing, Trading and Risk Management thumbnail

Sucden Group Selects ICE to Support OTC Derivatives Pricing, Trading and Risk Management

ATLANTA & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Sucden Group (Sucden), a leading soft commodities trading firm, has selected ICE’s Portfolio Analytics platform to support pricing, trading and risk management of derivatives products. As Sucden continues to expand its global trading […]

FIS Launches 2024 Fintech Hangout Series, Convening the Financial Services Start-up Ecosystem thumbnail

FIS Launches 2024 Fintech Hangout Series, Convening the Financial Services Start-up Ecosystem

Key facts The 2024 FIS Fintech Hangout Series initiative was created to foster collaboration, knowledge sharing and networking among fintech startups, investors, financial institutions and FIS. Inaugural event launched in New York City with future activations planned for San Francisco, Chicago, Seattle and Atlanta, New initiative supports the FIS Fintech Accelerator Program. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Global […]

TruBit Pro Announces Strategic Entry into Asia, the First Step of Its Global Expansion thumbnail

TruBit Pro Announces Strategic Entry into Asia, the First Step of Its Global Expansion

DALLAS–(BUSINESS WIRE)–Galactic Holdings, the parent company of TruBit and TruBit Pro – the most comprehensive cryptocurrency ecosystem in Latin America – announces a pivotal advancement in its global strategy with its expansion into the Asian market. Following a remarkable $6.25 million Series A funding in November 2023 and a significant $10 million in a pre-Series […]

CyberCube Closes Strong Year as it Surpasses 100 Clients thumbnail

CyberCube Closes Strong Year as it Surpasses 100 Clients

Market leader in cyber risk analytics and quantification achieves high double-digit revenue growth and breaks ground in new markets SAN FRANCISCO–(BUSINESS WIRE)–#cyber–CyberCube, the market leader of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, surpassing 100 insurance organizations licensing CyberCube solutions. As the cyber insurance market […]

Pie Insurance Builds Internal Claims Function With Support From Origami Risk’s Multi-Tenant SaaS P&C Insurance Core Solution thumbnail

Pie Insurance Builds Internal Claims Function With Support From Origami Risk’s Multi-Tenant SaaS P&C Insurance Core Solution

CHICAGO–(BUSINESS WIRE)–#CoreSolutions–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm today announced Pie Insurance (“Pie”), an insurtech specializing in commercial insurance for small businesses, has helped bring the company’s workers’ comp insurance claims function in-house through the implementation of Origami’s multi-tenant core solution. In the past year, Pie has […]

Great Hill Partners Welcomes Atle Skalleberg as Executive-in-Residence thumbnail

Great Hill Partners Welcomes Atle Skalleberg as Executive-in-Residence

eCommerce, consumer products and technology veteran brings deep expertise to help spearhead firm’s efforts in the travel industry alongside a wide range of direct-to-consumer and marketplace business models BOSTON–(BUSINESS WIRE)–Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Atle Skalleberg has joined the firm as an Executive-in-Residence. In […]

Savvy Wealth Enhances Advisor Platform with New Proprietary Investment Management Program thumbnail

Savvy Wealth Enhances Advisor Platform with New Proprietary Investment Management Program

Savvy Wealth Investment Management is the latest innovation designed to support modern advisors in the delivery of enriched client experiences and personalized wealth management services NEW YORK–(BUSINESS WIRE)–#AI—Savvy Wealth, a digital-first platform for financial advisors centered around modernizing human financial advice, and the parent company of Savvy Advisors Inc. (“Savvy”), a federal registered investment advisor […]

Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds thumbnail

Financial Institutions Expected to Boost AI Investments for Customer Service in 2024, New Syntellis Report Finds

Interest rate changes continue to drive business model changes CHICAGO–(BUSINESS WIRE)–The financial services industry has been slow to adopt artificial intelligence (AI) tools for customer service, but such applications are expected to accelerate in the next 12 to 18 months, according to a new survey report from Syntellis Performance Solutions, now part of Strata Decision […]

Raymond James Bank to Use ICE Mortgage Technology’s End-to-End Digital Lending Platform thumbnail

Raymond James Bank to Use ICE Mortgage Technology’s End-to-End Digital Lending Platform

Encompass chosen after independent review of multiple competing solutions ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Raymond James Bank will use the company’s Encompass® end-to-end digital lending platform to support mortgage origination for high net-worth borrowers across both retail and delegated correspondent […]

MDT Demonstrates Growth and Dedication to Credit Union Community in 2023, Celebrates 20 Years of Service thumbnail

MDT Demonstrates Growth and Dedication to Credit Union Community in 2023, Celebrates 20 Years of Service

CUSO recaps strong year of growth, recognized as Tech CUSO of the Year FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today shared highlights from an eventful 2023, including new and expanded […]

BlackRock Expands Commitment to DC Advisor Channel thumbnail

BlackRock Expands Commitment to DC Advisor Channel

Appoints Carrie Schroen to Lead Dedicated Team Focused on Next Phase of Growth Launches Digital Hub Serving Defined Contribution Advisors NEW YORK–(BUSINESS WIRE)–BlackRock today announced two major developments supporting the growth and advancement of defined contribution (DC) advisors. First, BlackRock has appointed Carrie Schroen as Head of US DC Intermediary Business, a newly created role, […]

It’s Settled: Digital Class Action Payouts Improve Recipient Trust & Satisfaction thumbnail

It’s Settled: Digital Class Action Payouts Improve Recipient Trust & Satisfaction

70% of respondents agreed that an improved settlement payment process would have positively impacted their overall experience. CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–Onbe, a leading corporate payouts platform, recently published its Winter 2024 Legal Services and Class Action Payments Survey uncovering the demand for convenient digital payments among class action payout recipients. 80% of respondents stated that […]

GETTRX™ Releases Full Suite Payment Portal That Includes a First-Of-Its-Kind Gateway Agnostic Solution Capable of Working With All Platforms thumbnail

GETTRX™ Releases Full Suite Payment Portal That Includes a First-Of-Its-Kind Gateway Agnostic Solution Capable of Working With All Platforms

TORRANCE, Calif.–(BUSINESS WIRE)–GETTRX (powered by Global Electronic Technology™) has announced the release of GETTRX One™, an all-inclusive payment platform for merchants, payment service providers (PSPs), and independent software vendors (ISVs). It provides enhanced onboarding, data for reporting and analytics, payment processing, and advanced settlement features all accessible through a single platform. GETTRX One™ is available […]

Dynamo Secures Two Awards Underscoring Product Excellence, Industry Leadership Among Alternative Investments FinTech Platforms thumbnail

Dynamo Secures Two Awards Underscoring Product Excellence, Industry Leadership Among Alternative Investments FinTech Platforms

Pan Finance and Best in Biz Awards Recognize Dynamo’s Product Innovation and Unique Ability to Deliver a Performance Edge to Asset Allocators and Asset Managers BOSTON–(BUSINESS WIRE)–#AlternativeInvestments–Two new accolades for alternative investments FinTech Dynamo Software, include acclaim from Pan Finance and the Best in Biz Awards. Pan Finance recognized Dynamo with the Alternative Investment Management […]

SellersFi Announces Financing Solution With Amazon Lending To Provide E-Commerce Sellers Credit Lines Up to $10M thumbnail

SellersFi Announces Financing Solution With Amazon Lending To Provide E-Commerce Sellers Credit Lines Up to $10M

Collaboration provides eligible Amazon sellers with even more opportunity to secure capital to grow their business WESTON, Fla.–(BUSINESS WIRE)–SellersFi, a global e-commerce financing and financial services company, today announced a financing solution with Amazon that will provide eligible Amazon sellers with access to credit lines of up to $10 million through Amazon Lending. Through this […]

Portal Raises $34 Million Seed Round to Support Development of Decentralized Bitcoin-Based Exchange thumbnail

Portal Raises $34 Million Seed Round to Support Development of Decentralized Bitcoin-Based Exchange

Portal’s first-of-its-kind decentralized bitcoin ecosystem will enable peer-to-peer, cross-chain swaps of digital assets; investors include Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and others SAN FRANCISCO–(BUSINESS WIRE)–Portal, a fintech provider advancing financial self-sovereignty with robust technology for seamless access to Bitcoin and diverse cryptocurrency markets, today announced it has exited stealth mode and raised $34 […]

Xsolla Founder Shurick Agapitov Releases New Book: Once Upon Tomorrow, a Visionary Take on the Metaverse and Its Impact on Global Creativity thumbnail

Xsolla Founder Shurick Agapitov Releases New Book: Once Upon Tomorrow, a Visionary Take on the Metaverse and Its Impact on Global Creativity

  LOS ANGELES–(BUSINESS WIRE)–Shurick Agapitov, a visionary author and the Founder of Xsolla unveiled his groundbreaking new book, “Once Upon Tomorrow,” today. This pioneering work offers a transformative and aspirational vision of the Metaverse, contrasting markedly with mainstream narratives. Agapitov’s book is a thought-provoking journey into the possibilities and potential of the Metaverse, providing a […]

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