While credit card debt and delinquency rates often go hand in hand, overextended credit card accounts may also lead to decreased credit limits. CardRatings’ credit card experts offer tips for minimizing the impact of these possible cuts. FOSTER CITY, Calif.–(BUSINESS WIRE)–Approximately 9% of credit card balances fell into delinquency over the last year according to […]
Funding round led by industry leaders, strategic partners, and management team will fuel next stage of growth and innovation NEW YORK & LONDON–(BUSINESS WIRE)–BlueFlame AI (BlueFlame), the generative AI platform for alternative investment managers, today announced the successful completion of its Series A funding round. The $5 million private funding round, which was oversubscribed by […]
Seven emerging fintech providers will be chosen to showcase their tools and solutions live to an audience of thousands at the most attended wealth management event in 2024. BOSTON–(BUSINESS WIRE)–#adapt–Future Proof, the award-winning B2B events company behind the Future Proof Festival—the largest annual marketplace for fintech and wealth management decision-makers—announced today that applications are now […]
MELBOURNE, Fla.–(BUSINESS WIRE)–#FinancialAdvisorMarketing—ROffice, a platform where financial advisors and talented service professionals converge to seek and provide fractional assistance, today announced its partnership with Anasova, a sales intelligence platform that connects advisors to their exact target market at prices they control. This new relationship presents advisors the opportunity to utilize vital marketing and business development […]
Initiative will help enable educators and agencies better serve early child care and pre-school populations nationwide MIAMI–(BUSINESS WIRE)–ClassWallet, the leading purchasing and reimbursement platform for public funds, has formed an early care and education (ECE) “Center of Excellence” focused on helping child care professionals, providers, ECE programs and government agencies create the most effective and […]
NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–$WNS #BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, today announced that it has been recognized as a ‘Leader’ among Insurance Intermediaries in Everest Group’s PEAK Matrix® 2024. ‘Leaders’ are identified by their vision and capability to deliver services and […]
Credit union leverages banking solution to accelerate digital experience, form strong fintech collaboration TROY, Mich.–(BUSINESS WIRE)–#banking–Mahalo Banking today announced its new partnership with Bellingham, Wash.-based Industrial Credit Union ($382M in assets). Industrial selected Mahalo’s solution to optimize integrations and deliver an exceptional digital banking experience. Digital services are the most utilized member channels at Industrial, […]
Dynamo Investor Portal v3.0 Provides ALTS Investment Teams with Unparalleled Digital Experience for Building Optimal Engagement and a Professional Presence with Clients BOSTON–(BUSINESS WIRE)–#AlternativeInvestments—Dynamo Software, a FinTech uniquely serving the alternative investment workflow needs of both General Partners (GPs) and Limited Partners (LPs), today announced new advancements in digital investor communication solutions. Dynamo Investor Portal […]
Bluevine Business Cashback Mastercard® Fully Integrates with Bluevine Business Checking for Seamless Cash Flow Management and Access to Capital to Fuel Business Growth JERSEY CITY, N.J.–(BUSINESS WIRE)–Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard®1, which offers […]
LONDON–(BUSINESS WIRE)–#FinTech–HUB today is proud to announce that Lansdowne Partners, a leading active alternative investment firm, has selected HUB Performance Reporting to enable accurate and automated performance reporting. HUB Performance Reporting – Accurate and Automated Share Class Performance Data Preparation Lansdowne Partners is utilising HUB’s Performance Reporting, a SaaS solution that ingests and standardises data […]
CHICAGO–(BUSINESS WIRE)–IG US, a leading forex broker, announces today the rebranding of its brokerage and platform technology to tastyfx, offering a more aligned experience for their US-based customers and bringing FX trading closer to the tasty family of products. tastyfx is the fastest-growing forex broker in the USi and was recently named #1 in several […]
CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products, and annuities platform, is pleased to announce their latest partnership with Gradient InsuranceBrokerage, LLC (“Gradient”), an independent marketing organization specializing in fixed annuities and life insurance. This collaboration is poised to empower Gradient’s proprietary KonnexME platform, equipping financial services professionals (“FSPs”) in the […]
SpeedBump Is Introduced at the Exact Moments Customers Are Most Vulnerable to Fraud; Ensures They Are Maximally Educated About Their Money’s Movements & Empowered to Make Informed Decisions Research Shows When People Have Knowledge About a Scam, They Are 80% Less Likely To Engage With It LOS ANGELES–(BUSINESS WIRE)–Charlie, the fintech company on a mission […]
Honorees will be acknowledged for their work in sustainability and gender equality, tech innovation, entrepreneurship, and digital banking at a gala in Miami on October 30. MIAMI–(BUSINESS WIRE)–Council of the Americas (COA) is pleased to announce the honorees of the 29th BRAVO Business Awards, which will be held at the Loews Coral Gables Hotel on […]
KeySavvy’s marketplace empowers consumers to make the switch to EVs as built-in financing options through Tenet enable more affordable EV loans for all Americans NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that they have partnered with KeySavvy, a transaction […]
AI-powered risk decisioning platform connects fraud scores, identity checks and device validation, integrating multiple layers of fraud detection into decisioning workflows to mitigate threats at application screening, including synthetic fraud, impersonation and mule indicators PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI–As the financial services world becomes increasingly digitized and consumer demands evolve, fraudsters and their methods are becoming more […]
ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced it will leverage its proven track record and expertise in central clearing and the fixed income market to launch a clearing service for all U.S. Treasury securities and repurchasing agreements. This follows the recent announcement by […]
LONDON–(BUSINESS WIRE)–Experian and Virgin Money today announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology. The partnership will see Virgin Money use Experian’s full breadth of services including credit and lending, fraud prevention, analytics, governance, and compliance as well as marketing services across all their product […]
CAPE TOWN, South Africa–(BUSINESS WIRE)–Naspers Limited (Naspers) (JSE: NPN): It has been a standout year for the Group. Naspers simplified its Group structure, delivered improvements across all core performance metrics and achieved Ecommerce profitability six months ahead of target. Operating businesses have performed well, accelerating profitable growth, while the open-ended buyback programme continues to deliver […]
New estate planning offering focuses on driving productivity and efficiency for advisors and wealth strategists serving high-net-worth and ultra-high-net-worth clients PHOENIX–(BUSINESS WIRE)–#EstatePlanning—Wealth.com, the industry’s leading estate planning platform, today unveils its latest innovation: Family Office Suite™, a cutting-edge collection of estate management technologies designed for highly complex estates. The Family Office Suite is specifically tailored […]
QpiAI closed first ever external investment with the pre-series A funding of $6.5 million led by Yournest and SVCL. WFC, an angel group; Ramesh Radhakrishnan, a successful serial entrepreneur and venture capitalist; Ramaswamy Prabhakar, a Technologist and angel investor from Silicon Valley; Quick Heal Security founders Kailash Katkar and Sanjay Katkar and their family office; […]
LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) intends to launch USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates® for use as benchmarks in financial contracts and financial instruments by licensees on July 1, 2024. The launch […]
Applications for 12-Month Program That Successfully Helped Small Businesses Grow, Save Time and Money in First Year Now Open in Atlanta, Los Angeles, and Philadelphia MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, in partnership with the Los Angeles Urban League announced […]
~ Digital Retirement Platform will deliver education and planning tools alongside increased accessibility to annuity products for defined contribution plans ~ NEW YORK–(BUSINESS WIRE)–Micruity, a recognized leader in retirement technology solutions, announced today an expansion of its collaboration with MetLife, Inc. (MetLife), a leading provider of institutional income annuities. The two firms will collaborate on […]
Partnership Sparks 80% Onboarding Increase in Latin America, 28% Boost in Asia for the Global Trading Platform VANCOUVER, British Columbia–(BUSINESS WIRE)–Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a strategic partnership with Capital.com, a high-growth retail trading platform, to support its global expansion with streamlined, convenient onboarding. […]
SAN MATEO, Calif. & HELSINKI–(BUSINESS WIRE)–#innovation–Guidewire (NYSE: GWRE) and ICEYE, a global leader in satellite-powered disaster management solutions, announced that ICEYE’s new Ready for Guidewire validated accelerator is now available to ClaimCenter on Guidewire Cloud users in the Guidewire Marketplace. ICEYE, a recent Insurtech Vanguards program graduate and the winner of Guidewire’s inaugural Insurtech Vanguards […]
Successful fundraise, exceeding $1.1 billion target and initial $1.2 billion hard cap, demonstrates confidence in Charlesbank’s lower middle-market technology investing strategy BOSTON & NEW YORK–(BUSINESS WIRE)–Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, announced today that it has successfully completed fundraising for Charlesbank Technology Opportunities Fund II (“TOF II” or the “Fund”). The Fund […]
NEW YORK & LONDON & HAMILTON, Bermuda & MUMBAI, India–(BUSINESS WIRE)–$WNS #BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, and Mosaic Insurance, a global specialty insurer, today announced their strategic partnership to create a future-ready operations model for underwriting and claims support, reinsurance processing, and finance and […]
BOSTON–(BUSINESS WIRE)–Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process. Financial institutions face the challenge of managing vast amounts […]
ZURICH–(BUSINESS WIRE)–Today GIST Impact, the leading provider of impact data and analytics, announced an investment from UBS Next, the leading universal Swiss bank’s venture and innovation unit. GIST Impact delivers actionable impact intelligence to companies and investors, helping them easily measure their environmental and social impacts. The firm’s data and software are founded on a […]
The Company’s Modern Payroll Infrastructure Makes it Easy to Build New Payroll Products for the Canadian Market TORONTO–(BUSINESS WIRE)–#embedded—Salsa, a U.S.-based company that offers embedded payroll capabilities through APIs, has today announced its official expansion into Canada and first local partnership with Mangomint, a leading booking and management platform serving spas and salons. Salsa’s modern […]
HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) crude futures contract hit record open interest of 158,208 contracts on June 13, 2024, after market participants last week added over 100,000 lots of HOU to their books. ICE HOU has grown from […]
ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced a strategic partnership with HCLTech, a leading global technology company, to co-develop advanced 5G-led generative AI (GenAI) solutions for the telecom industry. This partnership combines Tecnotree’s proven 5G and AI-led BSS platform capabilities and HCLTech’s deep expertise […]
The agreement is the latest effort by Discover Global Network to expand in the Asia-Pacific region RIVERWOODS, Ill. & SINGAPORE–(BUSINESS WIRE)–Network for Electronic Transfers (NETS) and Discover Global Network have launched their strategic agreement, signed in 2022, in an event with executives from both companies. The agreement will expand the global acceptance footprint for Discover […]
HENDERSON, Nev.–(BUSINESS WIRE)–Arroweye Solutions, the only provider of just-in-time payment cards, is now delivering custom, co-branded credit cards to Affiniti Finance and their dozens of association clients across nine industries. Affiniti, a fintech innovator that serves overlooked small business industries across the United States, is leveraging Arroweye’s technology to enable trade association partners to offer […]
CHARLOTTE, N.C.–(BUSINESS WIRE)–#cardealer–In a joint statement today, DealerBuilt announced its new integration with CheckMy Driver to bring AI-driven real-time insurance verification to its Lightyear Enterprise Retail Cloud. CheckMy Driver by Modives offers a streamlined and frictionless experience for verifying insurance is active, accurate, and adequate directly through carriers during auto transactions, including sales and […]
ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been recognized in the 2024 Gartner Magic Quadrant for AI in CSP. The Gartner Magic Quadrant, authored by analysts Pulkit Pandey, Amresh Nandan, and Peter Liu, identifies and evaluates AI vendors for CSP customer and business operations. According […]
Recognized by FinTech Global as One of the World’s Most Innovative AI Solution Providers SAN DIEGO–(BUSINESS WIRE)–#AIFinTech100–Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and digital fraud prevention announced today its inclusion in the 2024 AIFinTech100. The list, published by FinTech Global, recognizes the world’s most innovative AI solution providers for financial […]
Global growth equity firm partners with Celcoin to support its continued expansion and commitment to expanding financial access for Brazilian consumers SÃO PAULO–(BUSINESS WIRE)–Celcoin, a leading company in the Banking as a Service (BaaS) financial technology market, today announced a US$125 million investment led by global growth equity investor Summit Partners. Summit has a long […]
Award Recognizes “Leadership, Inventiveness and Ingenuity in Products and Services designed for Risk Management Professionals” CHICAGO–(BUSINESS WIRE)–#BI_Innovation–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has won a 2024 Innovation Award from Business Insurance magazine for its Origami Mobile solution, marking the sixth time the firm has received this […]
