Business Wire

First Rate Announces Investment and Strategic Partnership with Fispoke thumbnail

First Rate Announces Investment and Strategic Partnership with Fispoke

ARLINGTON, Texas–(BUSINESS WIRE)–#FinTech—First Rate, a global leader in WealthTech providing AI reporting and compliance services for the wealth management industry, today announced its investment and strategic partnership with Fispoke, an innovative WealthTech company led by experts from wealth management, banking, and technology. First Rate Ventures, the WealthTech corporate venture capital fund, provided guidance and is […]

Payshop Expands Use of the Concourse Financial Software Suite® to Meet Its Back Office Payments Processing Needs thumbnail

Payshop Expands Use of the Concourse Financial Software Suite® to Meet Its Back Office Payments Processing Needs

OMAHA, Neb.–(BUSINESS WIRE)–#CTT—BHMI, a leading provider of back office payment solutions, announced today that Payshop, part of the CTT Group, has expanded its use of the Concourse Financial Software Suite, which is a real-time payment processing solution that performs back-office functions such as settlement, reconciliation, disputes management, and fees processing. Payshop serves clients with a […]

FundGuard Announces a Strategic Alliance with ICE to Enhance User Experience with Investment Accounting with Comprehensive Data Integration thumbnail

FundGuard Announces a Strategic Alliance with ICE to Enhance User Experience with Investment Accounting with Comprehensive Data Integration

NEW YORK & LONDON–(BUSINESS WIRE)–#ABOR—FundGuard, the first fully cloud-native, AI-powered multi-asset and multi-book investment accounting utility today announced a strategic collaboration with ICE’s data services business, which is part of Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services. The collaboration will provide asset managers, […]

Q2 Announces 2024 Excellence Award Winners thumbnail

Q2 Announces 2024 Excellence Award Winners

Seven financial institutions recognized for their commitment to digital innovation, community impact and transforming the customer experience AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a provider of digital transformation solutions for financial services, today announced the 2024 Q2 Excellence Award recipients. The annual award program recognizes banks, credit unions and financial services organizations that have demonstrated […]

Conquest Rolls Out Enhancements to SAM, An AI-Powered Solution Designed to Improve Plan Quality, Reveal Deeper Planning Insights thumbnail

Conquest Rolls Out Enhancements to SAM, An AI-Powered Solution Designed to Improve Plan Quality, Reveal Deeper Planning Insights

New product update provides proactive recommendations to improve plans, enables users to issue commands and questions via voice and text WINNIPEG, Manitoba–(BUSINESS WIRE)–#AI—Conquest Planning Inc., (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced SAM INSIGHTS and Ask SAM, the latest iterations of its artificial intelligence (AI) based strategic advice […]

Monex USA Announces Integration with Payments Exchange from Fiserv thumbnail

Monex USA Announces Integration with Payments Exchange from Fiserv

Financial Institutions will have another option to meet their clients’ international payments needs thanks to Monex USA’s full integration into Payments Exchange WASHINGTON–(BUSINESS WIRE)–#forexnews—Monex USA, an expert partner in global payment, corporate FX, and currency risk hedging services, today announced plans to integrate with Payments Exchange from Fiserv, a leading global provider of payments and […]

BankTech Ventures Announces Three Investments in Innovative Bank-Enabling Companies to Empower Community Banks thumbnail

BankTech Ventures Announces Three Investments in Innovative Bank-Enabling Companies to Empower Community Banks

BankTech continues strategic investments to deliver best-in-class digital solutions for its community bank partners SANDY, Utah–(BUSINESS WIRE)–BankTech Ventures, a strategic investment fund redefining the landscape of community banking through innovative investments, today announced its recent investments in three bank-enabling technology companies: Equabli, Filejet, and Monit. These investments aim to deliver essential solutions tailored to address […]

Majesco Unleashes a New Era of GenAI-Driven Solutions for the Insurance Industry with Majesco Copilot Built on Microsoft Copilot Studio thumbnail

Majesco Unleashes a New Era of GenAI-Driven Solutions for the Insurance Industry with Majesco Copilot Built on Microsoft Copilot Studio

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance platform software for insurance business transformation, celebrates the accelerated success of its collaboration with Microsoft, solidified by the Spring ’24 Release of Majesco Copilot, built using Microsoft Copilot Studio, embedded across Majesco portfolio of solutions. This strategic collaboration builds on a deepening foundation and commitment to […]

OneVest to Offer a Suite of Vanguard’s Leading Low-Cost ETF Model Portfolios, Helping Modernize Model Portfolio Delivery thumbnail

OneVest to Offer a Suite of Vanguard’s Leading Low-Cost ETF Model Portfolios, Helping Modernize Model Portfolio Delivery

TORONTO–(BUSINESS WIRE)–OneVest, a leading wealth management technology company, today announced an exciting expansion to its Model Portfolio Marketplace, featuring the addition of Vanguard’s industry-leading suite of low-cost and high-quality ETFs. Backed by almost 50 years of experience as a global leader in portfolio construction and indexing, Vanguard’s suite of strategic ETF model portfolios will provide […]

Webster Five Selects Spiral to Empower Community Impact and Engagement Through Everyday Banking thumbnail

Webster Five Selects Spiral to Empower Community Impact and Engagement Through Everyday Banking

Webster Five adds Spiral to allow customers to round up their everyday purchases to effortlessly save and support charitable causes, all while boosting digital donations to local nonprofits. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning Impact-as-a-Service™ platform for financial institutions, today announced a partnership with Webster Five, a leading Massachusetts-based bank renowned for its community support and […]

FlexPath DXP Joins Ohio Independent Automobile Dealers Association (OIADA) as a Vendor Partner thumbnail

FlexPath DXP Joins Ohio Independent Automobile Dealers Association (OIADA) as a Vendor Partner

VeriQual™ Identity Verification + Credit Prequalification offered to OIADA dealers as a member benefit. CINCINNATI–(BUSINESS WIRE)–FlexPath® DXP (FlexPath), a leading Fintech provider of innovative financial and digital marketing solutions, is proud to announce its partnership with the Ohio Independent Automobile Dealers Association (OIADA) as a Vendor Partner. This strategic alliance underscores FlexPath’s commitment to supporting […]

Intuit QuickBooks and the National Hockey League Announce Multi-Year Canadian Partnership thumbnail

Intuit QuickBooks and the National Hockey League Announce Multi-Year Canadian Partnership

The partnership will help Intuit QuickBooks reach Canadian entrepreneurs as the NHL’s Official Small Business Accounting Software sponsor TORONTO–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, and the National Hockey League (NHL®) today announced a multi-year Canadian partnership, naming Intuit QuickBooks the Official Small Business […]

Regnology Takes Home Two FTF (Financial Technologies Forum) News Technology Innovation Awards thumbnail

Regnology Takes Home Two FTF (Financial Technologies Forum) News Technology Innovation Awards

Regnology Reporting Hub recognized as “Best Regulatory Reporting Solution,” Rcloud wins for “Best RegTech Solution” FRANKFURT, Germany–(BUSINESS WIRE)–#cloud—Regnology, a leading software provider with a focus on regulatory reporting solutions, announced today that it has won two awards at the 2024 Financial Technology Forum’s (FTF) News Technology Innovation Awards, winning in both the “Best Regulatory Reporting […]

iCapital® Appointed Investment Fund Manager for Prime Quadrant’s Alternative Investment Access Funds thumbnail

iCapital® Appointed Investment Fund Manager for Prime Quadrant’s Alternative Investment Access Funds

Prime Quadrant will continue as Portfolio Manager, responsible for the day-to-day management of its underlying fund portfolios. iCapital’s end-to-end enterprise solution will support Prime Quadrant and their families by providing all administrative functions associated with managing their various alternative investment Access funds. TORONTO–(BUSINESS WIRE)–#RIA—iCapital1, the global fintech platform driving the world’s alternative investment marketplace for […]

Marqeta Expands Partnership with Lydia to Power New European Digital Bank Sumeria thumbnail

Marqeta Expands Partnership with Lydia to Power New European Digital Bank Sumeria

Sumeria marks a new chapter for Lydia, creating a highly customized digital banking experience for customers across Europe AMSTERDAM–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is powering the new digital banking application Sumeria, launched recently by French payments leader Lydia […]

Blend to Join Russell 2000® Index thumbnail

Blend to Join Russell 2000® Index

Inclusion Expected to Expand Blend’s Visibility with Investors SAN FRANCISCO–(BUSINESS WIRE)–Blend, a leading provider of digital banking solutions, today announced that it expects to join the Russell 2000® Index as part of the annual reconstitution of the Russell stock indexes. This inclusion is expected to take effect at the opening of U.S. equity markets on […]

VGS and Onafriq Partnering to Increase Security and Payments Innovation for Fintechs in Africa and the Middle East thumbnail

VGS and Onafriq Partnering to Increase Security and Payments Innovation for Fintechs in Africa and the Middle East

SAN FRANCISCO–(BUSINESS WIRE)–VGS has announced a strategic partnership with Onafriq, Africa’s largest payments network, that is aimed at bolstering security and innovation for Fintechs across Africa and the Middle East. This partnership marks the culmination of a longstanding relationship between the two entities, with VGS serving as Onafriq’s trusted partner for PCI compliance and payment […]

TaskUs and Mavenoid Announce Strategic Partnership To Enable AI-Powered Product Support thumbnail

TaskUs and Mavenoid Announce Strategic Partnership To Enable AI-Powered Product Support

NEW BRAUNFELS, Texas–(BUSINESS WIRE)–TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, and AI-powered product support platform Mavenoid announced their strategic partnership today. Together, TaskUs and Mavenoid will combine expertise in AI and personalized product support to optimize next-generation, personalized self-help product support […]

ModernFi Announces Integration with Q2's Digital Banking Platform thumbnail

ModernFi Announces Integration with Q2’s Digital Banking Platform

Through ModernFi’s first-of-its-kind fully integrated deposit network, banks and credit unions can now offer accounts with extended deposit insurance directly through Q2’s Digital Banking Platform to help grow, retain, and manage their deposit base. NEW YORK–(BUSINESS WIRE)–ModernFi, the first fully integrated and API-driven deposit network, today announced its integration with Q2’s Digital Banking Platform, via […]

Forbright Bank Announces New High Yield Savings Account

Forbright Bank Announces New High Yield Savings Account

Customers are eligible for an America the Beautiful National Parks and Federal Recreational Lands Pass as they save for their future and support a better tomorrow Available online nationwide, Growth Savings customers earn 5.30% APY* with no minimums, no fees, and no hidden charges CHEVY CHASE, Md,–(BUSINESS WIRE)–Forbright Bank, a nationwide FDIC insured bank helping […]

DNA Payments Launches POS Alipay+ Acceptance for over 50,000 UK Merchants thumbnail

DNA Payments Launches POS Alipay+ Acceptance for over 50,000 UK Merchants

UK merchants using DNA Payments’ POS have started to accept direct payments from 14 e-wallets and banking apps, enabled by Alipay+. Over 50,000 UK merchants will allow global tourists to conveniently pay with their preferred home e-wallets and access special promotions. LONDON–(BUSINESS WIRE)–UK-based fintech DNA Payments has grown its portfolio of POS alternative payment methods […]

Discover® Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience thumbnail

Discover® Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience

Improved payment experiences are vital to merchants, with 94% considering payments a strategic priority RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Global Network®, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives from merchants and […]

Modern Card Issuing Platforms to Issue 35% of All Payment Cards by 2029, as Banks Begin to Compete on User Experience thumbnail

Modern Card Issuing Platforms to Issue 35% of All Payment Cards by 2029, as Banks Begin to Compete on User Experience

BASINGSTOKE, England–(BUSINESS WIRE)–A new study by Juniper Research, the foremost experts in fintech markets, found the number of cards issued by modern card issuing platforms will double from 748 million in 2024 to 1.4 billion in 2029. Modern card issuing platforms are API driven; enabling issuers to issue payment cards instantly. To stay competitive against […]

Rising Popularity: Spiral Accelerates Growth and Market Expansion Through New Financial Wellness Solutions thumbnail

Rising Popularity: Spiral Accelerates Growth and Market Expansion Through New Financial Wellness Solutions

Spiral continues to gain momentum and popularity across banks and credit unions nationwide with new financial wellness and personalized banking products, including the highly-requested Round Up for Savings banking feature. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning Impact-as-a-Service™ platform, continues to gain momentum with new innovative financial wellness and personalized banking products, including their latest Round Up […]

Valar Labs Announces $22 Million Series A to Advance Vesta, First AI Diagnostic Test to Predict Treatment Response in Bladder Cancer, and Catalyze Expansion in Other Cancers thumbnail

Valar Labs Announces $22 Million Series A to Advance Vesta, First AI Diagnostic Test to Predict Treatment Response in Bladder Cancer, and Catalyze Expansion in Other Cancers

–Funding was co-led by DCVC and Andreessen Horowitz (a16z)– PALO ALTO, Calif.–(BUSINESS WIRE)–Valar Labs, the developer of computational histology AI (CHAI) tests for predicting response to cancer therapies, announced a $22 million Series A financing. The funding follows Valar Labs’ completion of a recent international, multi-institution validation study and subsequent launch of Vesta, the first […]

Comvest Partners Announces Financing for Billhighway to Support Acquisition Strategy thumbnail

Comvest Partners Announces Financing for Billhighway to Support Acquisition Strategy

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#Billhighway–Comvest Partners, a leading middle-market private equity and credit investment firm, is pleased to announce that its direct lending platform, Comvest Credit Partners, is acting as Administrative Agent and is the Sole Lender on a senior secured credit facility (the “Financing”) for Billhighway (or the “Company”), a Troy, Mich.-based provider of […]

JRNI Partners With Backbase To Modernize the Way Financial Institutions Connect With Customers thumbnail

JRNI Partners With Backbase To Modernize the Way Financial Institutions Connect With Customers

Backbase & JRNI integration allows financial institution customers and front-office agents to seamlessly and securely book virtual and in-person appointments, offering a modernized system for customer engagement BOSTON–(BUSINESS WIRE)–#Customerengagement—JRNI, the leader in enterprise-scale global customer engagement for financial services, today announced an integration with Backbase, the creator of the Engagement Banking Platform. The integration allows […]

Fintech Expands Accounts Payable Automation Technology Beyond Alcohol for Invoice Processing thumbnail

Fintech Expands Accounts Payable Automation Technology Beyond Alcohol for Invoice Processing

TAMPA, Fla.–(BUSINESS WIRE)–Financial-Information-Technologies, LLC (“Fintech”), a leading accounts payable (AP) automation technology provider for the hospitality and retail industries, today announced its expanded capabilities of its flagship product PaymentSource® to include automated invoice processing for all business-to-business transactions. With Fintech’s nearly 35 years of experience in the alcohol industry automating invoice payment submission and collection […]

Wealth.com Partners with Facet, Bringing Modern Estate Planning Tools to Its Financial Ecosystem thumbnail

Wealth.com Partners with Facet, Bringing Modern Estate Planning Tools to Its Financial Ecosystem

Facet can now manage members’ estate planning needs in easy-to-use, one-stop platform PHOENIX–(BUSINESS WIRE)–#EstatePlanning—Wealth.com, the industry’s leading estate planning platform, has joined forces with Facet, the consumer subscription fintech company that is building the future of financial planning. This collaboration not only equips Facet’s planners with next-gen estate planning tools, but also delivers added value […]

Worldwide Spending on Digital Transformation is Forecast to Reach Almost $4 Trillion by 2027, According to New IDC Spending Guide

Worldwide Spending on Digital Transformation is Forecast to Reach Almost $4 Trillion by 2027, According to New IDC Spending Guide

NEEDHAM, Mass.–(BUSINESS WIRE)–#BusinessTransformation–Worldwide spending on Digital Transformation (DX) is forecast to reach almost $4 trillion in 2027, according to the latest update to the International Data Corporation (IDC) Worldwide Digital Transformation Spending Guide. With artificial intelligence (AI) and Generative AI pushing investments, the DX market is forecast to grow with a compound annual growth rate […]

Redpanda Acquires Benthos to Deliver a Complete, End-to-End Streaming Data Platform thumbnail

Redpanda Acquires Benthos to Deliver a Complete, End-to-End Streaming Data Platform

Acquisition of leading streaming connectivity technology brings 220+ connectors to the Redpanda platform to simplify building high-throughput data products SAN FRANCISCO–(BUSINESS WIRE)–Streaming data pioneer Redpanda today announced its acquisition of London-based Benthos, the popular open-source stream processing platform that enables enterprises to move, integrate, and perform transformations on streams of data flowing between systems and […]

GXS Bank Achieves Remarkable Onboarding Efficiency Using FICO Platform thumbnail

GXS Bank Achieves Remarkable Onboarding Efficiency Using FICO Platform

Singaporean challenger bank successfully onboards vast majority of customers in less than 3 minutes SINGAPORE–(BUSINESS WIRE)–FICO (NYSE: FICO): Highlights: GXS Bank is using FICO® Platform to make credit decisions in milliseconds and issue loans in under 3 minutes upon approval, for vast majority of customers GXS Bank is leveraging alternative data and FICO Platform’s Intelligent […]

Cross River Named Premier Lender by New Jersey Economic Development Authority

Cross River Named Premier Lender by New Jersey Economic Development Authority

Recognition honors Bank’s efforts bridging the gap for small businesses and underserved communities through financial inclusion FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, has been recognized as a Premier Lender by the New Jersey Economic Development Authority (NJEDA), distinguishing the Company as a leading business […]

Fintech Expands B2B Payment Capabilities with the Asset Acquisition of Nexxus Group thumbnail

Fintech Expands B2B Payment Capabilities with the Asset Acquisition of Nexxus Group

TAMPA, Fla.–(BUSINESS WIRE)–Financial Information Technologies, LLC (“Fintech”), a leading business solutions provider for the hospitality and retail industries, today announced it has expanded its B2B payment capabilities through the asset acquisition of Nexxus Group, a payment solutions provider facilitating scan-based trading and consignment selling between convenience, grocery, and big-box retail stores and their vendor partners. […]

Mavenir’s SpamShield Messaging Technology Drives Steep Decline in Spam and Scam SMS for Globe Telecom thumbnail

Mavenir’s SpamShield Messaging Technology Drives Steep Decline in Spam and Scam SMS for Globe Telecom

Figures show scale of fraudster deterrence, with blocked messages falling by 67% – from 1B in Q1 23 to 362K in Q1 24 RICHARDSON, Texas–(BUSINESS WIRE)–#AI–Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that its world-leading SpamShield messaging fraud prevention technology is driving a steep decline in the volume of […]

SMArtX Announces 2024 X Award Winners, Featuring Elite Investment Strategies From Top Asset Managers on the SMArtX Platform thumbnail

SMArtX Announces 2024 X Award Winners, Featuring Elite Investment Strategies From Top Asset Managers on the SMArtX Platform

Congratulations to the 30 leading investment strategies earning this year’s accolades WEST PALM BEACH, Fla.–(BUSINESS WIRE)–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology, today announced the winners of the SMArtX 2024 X Awards. This annual recognition program, now in its fourth year, honors top-performing strategies within the SMArtX platform’s model […]

Fidelity Bank Selects Spiral to Empower Customers to Support Local Charities Through Everyday Banking thumbnail

Fidelity Bank Selects Spiral to Empower Customers to Support Local Charities Through Everyday Banking

Fidelity adds Spiral to allow consumers and businesses to support their communities by giving back through everyday purchases and their digital banking accounts while boosting digital donations to community charities. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning Impact-as-a-Service™ platform for financial institutions, today announced a partnership with Fidelity Bank, a leading Louisiana-based bank with a mission to […]

VoPay Launches TXB Solution to Help Banks and Credit Unions Implement API-First Transaction Banking and Cash Management thumbnail

VoPay Launches TXB Solution to Help Banks and Credit Unions Implement API-First Transaction Banking and Cash Management

  VANCOUVER, British Columbia–(BUSINESS WIRE)–#fintech—VoPay, a leading provider of embedded payment technology, today announced the launch of its Digital Transaction and Cash Management Banking Platform, TXB. VoPay’s TXB platform is a turnkey solution designed to help banks and credit unions launch API-first transaction banking and cash management services. In the rapidly evolving landscape of transaction […]

More Businesses Are Powering Their Employees with Innovative Payroll Solutions from rapid! thumbnail

More Businesses Are Powering Their Employees with Innovative Payroll Solutions from rapid!

New companies join rapid!’s growing list of employer customers enabling their workforces with more seamless and convenient payroll solutions AUSTIN, Texas–(BUSINESS WIRE)–#BaaS—rapid!, a leading payment solutions provider and the wage and disbursements arm of Green Dot Corporation (NYSE: GDOT), is growing its list of more than 7,000 employer customers. Today rapid! announced the addition of […]

The New York Stock Exchange Announces Collaboration with CoinDesk Indices to Launch Financial Products Tracking Spot Bitcoin Prices thumbnail

The New York Stock Exchange Announces Collaboration with CoinDesk Indices to Launch Financial Products Tracking Spot Bitcoin Prices

Developing options contracts tied to the CoinDesk Bitcoin Price Index (XBX) Contracts would be subject to regulatory approvals NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced it is collaborating with CoinDesk Indices to launch cash-settled index options tracking the […]

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