Business Wire


eMaxx Recognizes MacFarlane Energy as 100th Member of the eCaptiv Programs

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx today announced that the eCaptiv programs surpassed the 100th Member mark and recognized MacFarlane Energy as the 100th Member. MacFarlane Energy, a Greater Boston, Massachusetts based company, specializes in providing home heating oil delivery, energy efficient system design and installation along with air conditioning and heating equipment services. “We are glad to […]

Emerging Market Media Implements Text-To-Speech Audio Articles

NEW YORK, LONDON, & PARIS–(BUSINESS WIRE)–#fintech–Emerging Market Media (EMM) today announced it has fully implemented Audio Articles by speechkit.io on its flagship editorial product, Emerging Market Views. London-based speechkit.io has worked with EMM to customize and formally integrate Audio Articles. The result is crystal clear, like-human audio that now accompanies all editorial items–news, analysis, and […]

Hippo Strengthens Position as Insurtech Leader in Home Insurance

Company Closes $150 Million Series E Funding Round, Bringing Total Raised to $359 Million PALO ALTO, Calif.–(BUSINESS WIRE)–#fundingnews—Hippo, the high-growth insurtech group that’s transforming home insurance, has proven that a deep focus on customer experience can transform an industry and drive growth. Hippo Enterprises closed $150 million in Series E funding, valuing its business at […]

Sionic Mobile Adds Mix It Up™ to the Mobile Rewards Marketplace

Mobile rewards app users may now pay and earn rewards at new locations and online ATLANTA–(BUSINESS WIRE)–Sionic Mobile is proud to announce it is adding seven restaurant brand concepts to its Mobile Rewards Marketplace via the new Mix It Up™ platform, including fan-favorite brands Auntie Anne’s®, Carvel®, Cinnabon®, Jamba®, McAlister’s Deli®, Moe’s Southwest Grill® and […]

Western Union Expands with TrueMoney in the Philippines

Five thousand TrueMoney locations across the Philippines to provide Western Union Money Transfer Services MANILA, Philippines–(BUSINESS WIRE)–Western Union, a leader in cross-border, cross-currency money movement and payments, today announced a collaboration with TrueMoney, a leading financial services provider in the Philippines, enabling customers in the Philippines to receive money from their loved ones around the […]

Sharpen Sales Grow More Than 200% in 1H 2020

INDIANAPOLIS–(BUSINESS WIRE)–#AgentFirst—Sharpen Technologies, developers of the agent-first omnichannel cloud contact center platform, experienced continued rapid growth in the first half of 2020, with a 236% increase in new bookings compared to the first half of 2019. Recent customer wins came from the mid-market and enterprise sectors and across multiple verticals, including retail, telecom, outsourcers, and […]

AICPA and CPA.com Team Up with Biz2Credit to Launch PPP Loan Forgiveness Tool

Platform Powered by Biz2Credit Automates Loan Forgiveness Application for Small Business Owners NEW YORK–(BUSINESS WIRE)–The American Institute of Certified Public Accountants (AICPA) and its business and technology arm, CPA.com, today announced the launch of a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who received funds […]

Mastercard Accelerates Crypto Card Partner Program, Making it Easier for Consumers to Hold and Activate Cryptocurrencies

Wirex Becomes First Native Cryptocurrency Platform to Be Granted Principal Membership License PURCHASE, N.Y.–(BUSINESS WIRE)–Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies1, and an increasing number of merchants, digital players and financial institutions are exploring crypto payments. […]

AM Best: India Non-Life Market Facing Challenges (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Myles Gould, director, analytics, and Yuan Tian, senior financial analyst, both of AM Best, said that competition, poor pricing discipline and investments challenge the India non-life market. Click on http://www.ambest.com/v.asp?v=india620 to view the entire program. AM Best has a market segment outlook of negative on India’s non-life market. […]

Medxoom Releases Universal Engagement and Payments Platform for Healthcare Payers

Modern Cost Effective Payment Solutions for Healthcare Payers and Plan Administrators ATLANTA–(BUSINESS WIRE)–Medxoom, the Atlanta-based B2B Health Benefits Platform, announced today the release of a comprehensive Payments suite for Healthcare Payers and Plan Administrators. Medxoom’s Payments platform closes the gap between Healthcare Plan Members and Providers. Medxoom licenses its brandable platform to Healthcare Plans and […]

AM Best: Insurers Boost Private Equity Holdings 10% in 2019 (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Jason Hopper, associate director, industry research and analytics of AM Best, said that insurers have increased their private equity holdings by 10% year over year to $81 billion in 2019. Click on http://www.ambest.com/v.asp?v=privateequity620 to view the entire program. Hopper said that insurers have been shifting more money to […]

LeaseLock Unveils Faster, Simpler One-Click Claims

Major product update creates an automated claims experience for enterprise multifamily operators MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the first and only nationwide A-rated lease insurance provider that totally eliminates security deposits, surety bonds, and guarantors in rental housing, today announced a major product release that deeply integrates into property software systems to make claims faster, […]

LawPay Launches Integration with Big Law Legal Tech Solution Aderant

AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, are excited to announce a new payment integration agreement with Aderant for Expert clients. AffiniPay’s Custom Solutions Team, a branch of their engineering organization that works directly with individual law firms to discover and meet their unique payment needs, […]

Vericred Launches ICHRA Affordability Calculator API

Expands infrastructure powering ICHRA solutions for brokers and employers NEW YORK–(BUSINESS WIRE)–#HRA—Vericred, a data services company simplifying the exchange of health insurance and employee benefits information, today announced the immediate availability of its ICHRA Affordability Calculator API. This new functionality is an extension of Vericred’s ICHRA Development Kit, which enables HRtech and InsurTech companies to […]

VendEngine Launches E-Learning Digital Education Platform for Inmates

Company Partners with MaxxContent to Reduce Recidivism through Education and Workforce Development NASHVILLE, Tenn.–(BUSINESS WIRE)–VendEngine, Inc., a leading software provider in the corrections industry, announced today that the company has partnered with MaxxContent to provide educational solutions across VendEngine’s software and hardware technologies for county, state and federal correctional facilities. The platform will provide educational […]

Fifth Third Bank and Trust & Will Announce Strategic Relationship to Help Customers Protect and Secure Their Families’ Financial Future

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, and Trust & Will announced today a new strategic relationship to further help Fifth Third’s customers protect and secure their families’ financial future. Fifth Third customers will be able to prepare an estate plan online through Trust & Will in a matter of minutes and will have access to […]

CPI Card Group® and Prodigy Bring Instant Issuance to Credit Unions via Core Integration

Companies Integrate CPI®’s Card@Once® with Prodigy’s Core System to Streamline Instant Issuance LITTLETON, Colo.–(BUSINESS WIRE)–CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Prodigy, a Salt Lake City-based Credit Union Service Organization (CUSO) and […]

OCTO Telematics Announces OCTO Smart KeyLess

Wire-free installation Installed in less than 15 minutes Suitable for a wide variety of vehicle brands and models Continuous operation even in the absence of GSM coverage No interference with the manufacturers on-board technology More efficient rental process ROME–(BUSINESS WIRE)–#carsharing–OCTO Telematics has extended its range of services to combine the needs of fleet managers, carsharing […]

TMC Community Capital Launches Grant Program with Support from Signature Bank and TMC Financing, Allowing Bay Area and Los Angeles Residents to Nominate Local Businesses as Potential Recipients

Nonprofit Fintech Lender receives donations from Signature Bank and TMC Financing to Fuel Local Grant Program in Support of Bay Area- and Los Angeles-based Small Businesses OAKLAND, Calif.–(BUSINESS WIRE)–TMC Community Capital, a new nonprofit fintech lender focused on lending to women entrepreneurs in California, announced today the launch of its Small Business, Big Heart Grant […]

Elevate’s Rise Brand Announces Partnership with SpringFour

FORT WORTH, Texas–(BUSINESS WIRE)–Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today a new partnership between its Rise brand and SpringFour, a social impact fintech company. Under the partnership, all Rise customers will gain access to SpringFour’s database of trusted local, state and national […]

AM Best: Florida Personal Property Writers Challenged Even Without a Hurricane (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Michelle Baurkot, director, and Chris Draghi, senior financial analyst, both of AM Best, said that Florida writers struggled to turn a 2019 underwriting profit even with the absence of a major hurricane. Click on http://www.ambest.com/v.asp?v=ambfloridareport720 to view the entire program. Prior to the COVID-19 pandemic, Florida’s personal property […]

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 […]