Business Wire


Securian Financial and Temenos Launch Integrated Credit Protection Claims Solution for Credit Unions

ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial and Temenos, the banking software company, have joined forces to create a real-time, integrated solution to make it easier and more efficient for credit unions to manage their members’ credit protection claims. Securian Financial has offered credit protection products through credit unions since 1951. The products include debt protection and […]

How Is Big Data Transforming the Food Industry? | Head to Quantzig’s Recent Article to Find out

Big data analytics experts at Quantzig reveal hidden opportunities and patterns that can be used in agriculture to get better yields A detailed analysis by Quantzig helped reveal that food companies that leverage big data analytics can increase their profit margins by gaining actionable insights into processing and transportation of food LONDON–(BUSINESS WIRE)–#BigData–Quantzig, a leader […]

FlexTRADER EMS Now Offering Liquidnet Targeted Invitations

LONDON–(BUSINESS WIRE)–#fintech—FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities. The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers, directly into the parent order blotter. With a minimum order size […]

AWS and HSBC Reach Long-Term Strategic Cloud Agreement

One of the world’s largest financial services organizations collaborates with AWS to deliver new products, enhance customer experiences, and drive digital transformation SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that HSBC Holdings plc (NYSE: HSBC) has selected AWS as a key, long-term strategic cloud provider to drive their digital transformation […]

ACI Worldwide to Deliver Fraud Prevention in the Cloud to All Customers Globally

Part of ACI’s Covid-19 rapid response program, ACI’s award-winning fraud prevention solution is now globally available as ‘Software as a Service’ offering NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ACI Proactive Risk Manager and ACI Model Generator, part of ACI’s […]

Dominate on a Different Scale: Razer Unveils the Razer Huntsman Mini

Razer’s first ever 60% keyboard built with community-driven improvements is now available with traditional clicky or newly improved linear optical switch options IRVINE, Calif.–(BUSINESS WIRE)–#60percent–Razer™, the leading global lifestyle brand for gamers, today announced the Razer Huntsman Mini 60% optical gaming keyboard. This new ultra-compact form factor keyboard is the latest addition to the Huntsman […]

Insigneo And Skience Partner to Build the Firm’s Fully Integrated Wealth Management Platform

MIAMI–(BUSINESS WIRE)–Leading independent broker-dealer and RIA Insigneo has entered into a contractual partnership with technology pioneer Skience to build a state-of-the-art platform that combines the most advanced end-client connectivity with a customized workstation designed for advisors with global practices. The working partnership has a goal of rolling out a solution that increases automation, enhances integration […]

Radius Bank Launches Goals-Based Savings Platform Through Partnership with Harvest Savings & Wealth Technologies

‘Goalkeeper’ runs seamlessly inside of Radius Bank’s online banking and mobile app to help customers save effortlessly BOSTON–(BUSINESS WIRE)–#Radiusadvantage—Radius Bank, a forward-thinking digital bank, today announced its deployment of Goalkeeper, an automated goals-based savings solution integrated within Radius Bank’s online and mobile banking channels. Goalkeeper is launched in partnership with leading fintech solution provider Harvest […]

Tavant Introduces Digital Software Factory and Expands into New Business Lines

— First half of 2020 sees Tavant fintech business expanding into banking, payments, and proptech — SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending—Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced key success milestones of its Fintech business achieved in the first half of 2020. While many companies were forced to scale back due to the […]

Regions Bank Updated Mobile App Adds More Convenience and Improved Functionality

Update comes as pandemic drives more customers to use digital tools BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank recently released an update to the Regions Mobile App for both iOS and Android devices. The update features a modern design with improved functionality to support more than 1.85 million customers who bank on the go using the app. But […]

Techstars & Western Union Accelerator Announce 2020 Class Leading the Future of Inclusive Finance

Second Year Accelerator Kicks Off with Diverse Class of Founders Developing Products and Services Using Innovation and Technology to Create Access to a More Inclusive Global Financial System DENVER–(BUSINESS WIRE)–Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, the global platform for investment and innovation, today announced the launch of its […]

daVinci Payments Future of Payments UK Study Reveals Online and Mobile Domination

New study identifies how UK payments are changing amidst COVID-19 shelter-in-place and expected impact on the 2020 Christmas shopping season and beyond. LONDON–(BUSINESS WIRE)–daVinci Payments released a new national UK study identifying how people are making and receiving payments during shelter-in-place and how they intend to shop in the future. The “Future of Payments UK” […]

CoreLogic Secures Launch Clients for Next-Generation Integrated Insurance Solution Powering Insights for Every Touchpoint in Property Insurance Ecosystem

Insurtech solution combines underwriting, weather forensics and claims management, enhancing property experience across housing market Recent wins including Swiss Re provide a foundation for continued growth IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced the deployment of its first fully integrated insurance solution that provides a one-stop […]

NYMBUS Partners with Payrailz to Offer Financial Institutions Faster Access to Enhanced Digital Payment Solutions

MIAMI–(BUSINESS WIRE)–NYMBUS®, a provider of the world’s most advanced financial services platform, today announced a new partnership with digital payments company Payrailz® to further enhance NYMBUS’ cloud-based SmartEcosystem™ of digital-first banking products and services. A revolutionary alternative to the legacy business model, NYMBUS has disrupted the market by allowing every size of financial institution to […]

ChartIQ to Rebrand as Cosaic, Sees Bright Future in Workflow Innovation

By bringing together ChartIQ and Finsemble, fintech company plans to lead the charge on revolutionizing end-user workflow for finance and beyond. CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–Financial technology company ChartIQ, today unveiled a new company name and logo, Cosaic, bringing together its charting software, ChartIQ, and smart desktop platform, Finsemble, under one brand. The name reflects the company […]

Alacriti Now a SWIFT Customer Security Program Partner

New Consulting Services Designed to Help SWIFT Customers Adhere to CSP Standards and Prepare for Audits PISCATAWAY, N.J.–(BUSINESS WIRE)–#cybercrime—Alacriti, a fintech company specializing in payments, technology outsourcing, and consulting, today announced that it has become a SWIFT Customer Security Program (CSP) partner. The company will begin offering consulting services to help SWIFT’s banking and securities […]

Omniscience Technology Chosen by Major Japanese Life Insurance Company

Sompo Himawari Uses Omniscience Artificial Intelligence as Part of new Consumer Service PALO ALTO, Calif.–(BUSINESS WIRE)–#Insurance–Omniscience today disclosed that Sompo Himawari Life Insurance Company has adopted Omniscience artificial intelligence (AI) technology as part of a new consumer service. This Omniscience technology is an important onramp for Computational Insurance™. “An entirely new business model is needed […]

Infographics of U.S. Core System Market Leaders for Banks and Credit Unions Released by William Mills Agency and FI Navigator

ATLANTA–(BUSINESS WIRE)–#banks–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry has created two new infographics detailing core banking vendor relationships for banks and credit unions. The data was compiled with the help of financial institution data and analytics platform provider, FI Navigator. Vendor market share is based on […]

A New Early Warning System for Business Lenders: Menerva Software’s TRaiCE Transforms Flawed Portfolio Monitoring Systems

Early Data from TRaiCE Suggests Over 50% Loss Mitigation for Lenders CHICAGO–(BUSINESS WIRE)–Menerva Software has released TRaiCE: An AI-based “early warning” system for business lenders to address flaws in Portfolio Monitoring. By combining a bank’s internal data with bureau and alternative data sources, TRaiCE’s proprietary, self-learning algorithm accurately predicts risk and suggests timely interventions. Rather […]

DCM Closes $880 Million for Newest Family of Global Funds

Firm raises largest flagship fund to date with a focus on early-stage investments in SaaS, consumer internet and financial technology MENLO PARK, Calif.–(BUSINESS WIRE)–DCM, an early-stage global venture capital firm, today announced it has closed its largest family of funds to date, totaling $880 million. The committed capital includes $780 million for DCM IX, its […]

Discover Student Loans Introduces Parent Loan and Expands Rewards for Good Grades Product to Help Borrowers Cover College Expenses

The new options are part of Discover’s continued commitment to helping families finance a college education RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Student Loans is updating its product suite to give families more options and benefits when financing their college journeys. By launching a new Parent Loan and expanding its Rewards for Good Grades program to reward incoming […]

Swiss Finance Disruptor YAPEAL Chooses Marqeta to Power New Digital Wallet

With the help of Marqeta’s modern card issuing platform, YAPEAL customers can set up a full Swiss current account in just ten minutes ZÜRICH–(BUSINESS WIRE)–Digital fintech start-up YAPEAL has launched a new, innovative digital wallet, powered by Marqeta’s modern card issuing platform. Having received the first ever fintech licence in Switzerland from FINMA, YAPEAL will […]

World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty

High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization PARIS–(BUSINESS WIRE)–High Net Worth Individual1 (HNWI) wealth and population grew by almost 9% globally in 2019 despite a global economic slowdown, international trade wars and geopolitical tensions, finds the World Wealth Report 2020 from Capgemini. North America and Europe took the […]

Dividend Finance Receives SOC 2 Type 2 Accreditation for Information Security

Dividend receives SOC 2 Certification after rigorous 3-month auditing process by a “Big Four” auditing firm SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, LLC (“Dividend” or the “Company”), a leading FinTech point-of-sale lender for home improvement and solar projects, has received their SOC (Service Organization Control) 2 Type 2 Accreditation, a process to ensure the suitability and effectiveness […]

Aptos Solar Technology Solar Panels Added to Loanpal’s Approved Vendor List

SANTA CLARA, Calif.–(BUSINESS WIRE)–Aptos Solar Technology, a supplier of high-performance solar modules, is pleased to announce that its complete line of solar panels has been added to Loanpal’s approved vendor list. This new partnership will allow solar installers across the U.S. to offer Aptos Solar Technology solar panels with competitive financing options to residential customers. […]

FirstClose Integrates with Temenos Infinity Loan Origination

AUSTIN, Texas–(BUSINESS WIRE)–FirstClose, Inc., a leading provider of technology solutions for banks and credit unions nationwide, has partnered with Temenos, the banking software company. With the integration of the FirstClose ONE™ platform into Temenos Infinity Loan Origination, customers can order instant and bundled reports on credit, flood, valuation, tax and title directly from the loan […]

Strivve Announces “TopWallet™ Tools” Accelerating Financial Institutions Ability to Win Top of Wallet®

CardUpdatr Provides Customers with Real-Time Automated Card-On-File Solutions SEATTLE–(BUSINESS WIRE)–#fintech—Strivve, Inc, Seattle-based financial technology company, today announced the availability of TopWallet™ Tools, its set of service enhancements optimized for easy brand engagement with cardholders across all card lifecycle events. For CardUpdatr customers, TopWallet Tools provides card issuers new marketing strategies designed to increase cardholder engagement […]

Lotame and New Frontier Data Partnership Connects Big Brand Advertisers to More Than 100 Million CBD Consumers

Leading cannabis data provider New Frontier Data launches industry-focused AdTech solution NXTeck WASHINGTON–(BUSINESS WIRE)–New Frontier Data, the global authority in data, analytics and business intelligence on the cannabis industry, unveils the cannabis industry’s first advertising data exchange connecting mainstream product advertisers to CBD consumers. Using patented technology powered by Lotame, the leading global provider of […]

MerchantE Promotes Transparency and Support for Small Businesses During Unprecedented Times

Company Issues Statement to Disavow Practice of Withholding Reserves from Customers; Calls for Industry to Follow ALPHARETTA, Ga.–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, reaffirms its commitment to growing businesses in response to recent reports of payment companies withholding money from customers. Addressing the topic, MerchantE’s CEO, Mike Rouse, states: “Small businesses are the […]

Saudi Payments and Discover Sign Network Alliance Agreement

Agreement will increase international acceptance for all cardholders and provide additional payment options in the Saudi digital payment environment RIYADH, Saudi Arabia & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover and Saudi Payments signed a strategic agreement that will increase the global acceptance footprint for both organizations. The agreement will give Discover, Diners Club International, PULSE and network alliance […]

SIMON Introduces Allianz Life as Newest Carrier to Join InsurTech Platform’s Marketplace

Allianz Life is now delivering its annuity products to Raymond James advisors for the first time through SIMON’s Marketplace NEW YORK–(BUSINESS WIRE)–#FinTech–SIMON Annuities and Insurance Services LLC (“SIMON”) is pleased to introduce Allianz Life Insurance Company of North America (“Allianz Life”)—a leading provider of annuities in the U.S.—to its annuities platform and digital marketplace for […]

DriveWealth Selects BackBay Communications as PR Agency of Record

Leader in Global Digital Trading Technology Appoints Financial Services PR Firm BackBay BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading integrated financial-services public relations, content development, and digital marketing agency, today announced that it has been retained as agency of record by DriveWealth, a U.S.-based leader in global digital trading technology. BackBay will provide DriveWealth with an integrated […]

Wagestream Goes Mainstream as It Completes a £20m Series B Funding Round

● London-based Wagestream has now raised £65m, as income streaming rapidly goes mainstream ● 320,000 UK workers are no longer held prisoner by the monthly pay cycle ● Major UK employees have signed up for Wagestream including five NHS Trusts, Bupa, Rentokil, Kwikfit, Brewdog, Zizzi and Roadchef, now enable their staff to access their earned […]

Vericred Announces Level Funded Group Rating API

Industry-first API enables InsurTech platforms to quote level funded group medical plans across multiple carriers NEW YORK–(BUSINESS WIRE)–#HRtech—Vericred, a data services company simplifying the exchange of information between health insurance and employee benefit carriers and InsurTech companies, today announced the immediate availability of level-funded plans through its Group Rating API. With this new functionality, Vericred […]

Commerce Ventures and MRV Banks Join Grow Credit Inc.

SANTA MONICA, Calif–(BUSINESS WIRE)–#android—Grow Credit, a financial inclusion platform, today announced that Commerce Ventures, will be joining its seed funding round alongside lead investor Mucker Capital, and Minal Hasan, founder at K2 Global Ventures, who joined as an angel investor in addition to taking an advisory position. Commerce has invested in over 60 portfolio companies, […]

Trading Technologies Contracts with BGC Partners for Global Implementation of TT® OMS

CHICAGO–(BUSINESS WIRE)–Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced they have signed up BGC Partners, Inc. (NASDAQ: BGCP) (BGC), a leading global brokerage and financial technology company, to utilize TT’s new Order Management System (OMS) solution when it is launched in September 2020. The […]

Axos Bank Celebrates 20 Years of Digital Financial Services Leadership

Two decades after opening on July 4, 2000, Axos Financial has transformed from a digital bank to a full-service consumer and commercial bank and wealth management platform SAN DIEGO–(BUSINESS WIRE)–#bankingevolved–Axos Financial (NYSE: AX) celebrated its 20th anniversary today, signifying two decades of leadership in the digitization of financial services. “Launching our bank on the Fourth […]

ALDI Nord Moves In-Store Acquiring in Germany to Fiserv

Companies expand relationship to include in-store card payments acceptance via Fiserv BROOKFIELD, Wis., & BAD HOMBURG, Germany–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that ALDI Nord has selected Fiserv to enable all in-store card payments across its flagship German market. In the interest of […]

Skilling Launches MT4

NICOSIA, Cyprus–(BUSINESS WIRE)–#cfd—Forex and CFD online trading platform Skilling reached another significant milestone this year with the integration and launch of trading platform MetaTrader 4 (MT4). Founded in 2016, Skilling introduced their proprietary trading platform in 2018, and in January 2020 they announced the launch of the industry’s first seamless integration with Spotware’s cTrader. With […]

smartTrade Awarded for the Second Consecutive Year Best Buy-Side EMS at TradingTech Insight USA Awards 2020

NEW YORK–(BUSINESS WIRE)–#Crypto—smartTrade Technologies, a pioneer in multi-asset electronic trading solutions, announces today that its EMS was awarded Best Buy-Side Execution Management System (EMS) during Virtual TradingTech Insight North America Awards. smartTrade’s sophisticated EMS allows buy-side firms to get a global view of current liquidity and to operate through different trading protocols and execution mechanisms […]