Business Wire


Meritrust Credit Union Elevates The Digital Banking Experience For Its Members With Full Conversion To Constellation’s Digital Banking

RALEIGH, N.C.–(BUSINESS WIRE)–#cloudnative–Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced today that Wichita-based Meritrust Credit Union ($1.8 billion in assets) has completed a successful conversion to the Constellation Digital Banking platform to power its new, more modern digital banking experience for its members. Recognizing the limitations of its legacy digital banking platform, […]

Salucro’s New Provider-Focused Report Shows that Providers Are Most Concerned with Timely Patient Collections Among Leading Revenue Cycle Challenges in 2024

Healthcare leaders are seeking patient payment and billing solutions that support achieving more timely patient collections, and deep workflow integrations with their EHR or Patient Accounting System ranks as the highest feature priority when evaluating new vendors PHOENIX–(BUSINESS WIRE)–Salucro Healthcare Solutions, a leading healthcare payment technology company, today released its inaugural Healthcare Provider Fintech Insights […]

Matera’s "Pix by the Numbers" Report Reveals Surge in 2023 as Businesses Shift Away from Credit Cards

Brazil is setting the global standard for the digital finance revolution ATLANTA–(BUSINESS WIRE)–#BrazilDigitalPayments—Matera, maker of world-class instant payments, QR code and digital ledger technology, today released its year-end report on the adoption of Brazil’s highly successful Pix instant payments scheme. The latest Pix by the Numbers report covers data through Q4 2023 and shows that […]

Income Lab Launches Life Hub as a Stand-Alone Product To Make Planning More Accessible for Financial Advisors and Their Clients

The interactive financial planning tool is easy to use, easy to explain, and easy to understand. DENVER–(BUSINESS WIRE)–#IncomeLab–Income Laboratory, Inc. (Income Lab), maker of award-winning retirement income planning software, today announced the launch of Life Hub, as a stand-alone app for financial advisors and their clients. Life Hub is a financial planning tool that helps […]

Corpay Unveils End-to-End Spend Management Solution, Corpay Complete

The number-one B2B commercial Mastercard® issuer in North America simplifies corporate payments and spending into one easy-to-use, all-in-one, mobile-ready platform. ATLANTA–(BUSINESS WIRE)–Corpay, a FLEETCOR® brand and global leader in business payments, today announced the launch of Corpay Complete, a next-generation spend management platform for corporate payments and spending. The first-of-its-kind payment solution is now available […]

Ansel Raises $20M to Bring Simpler, Supplemental Insurance to Americans Nationwide

The insurtech, previously known as Brella, kicks off the year with a fresh new name and an additional round of capital led by Portage to drive continued growth. NEW YORK–(BUSINESS WIRE)–Ansel, an insurtech on a mission to build a world where health hardships don’t create financial burdens, announced that it has raised a $20M round […]

Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management

Award-winning financial technology company leading transformation in key markets; debt warehouse facility to extend footprint and support ever-growing consumer demand LOS ANGELES–(BUSINESS WIRE)–Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform […]

Credit Benchmark publishes 2024 Default Risk Outlook for US industries, predicting mid-year peak in default risks followed by credit recovery

NEW YORK–(BUSINESS WIRE)–#banking–Credit Benchmark, the provider of global consensus ratings and analytics, today said that it predicts that default risks will continue to rise and peak by mid-2024 across US industries, as explained in its inaugural 2024 Default Risk Outlook. However, credit quality should recover in H2 2024, assuming a more accommodative monetary policy and […]

Moody’s Analytics Taps Numerated to Deliver AI-powered, Commercial End-to-End Loan Origination System

-Strategic Partnership Enables Lending Across All Asset Classes and Credit Sizes- BOSTON–(BUSINESS WIRE)–Numerated and Moody’s Analytics are collaborating to expand the end-to-end capabilities of Moody’s Analytics Lending Suite across all commercial and small business asset classes. The Lending Suite combines Moody’s Analytics unique data, analytics, and credit assessment capabilities with Numerated’s remarkable user experience and […]

Satchel and Napier Partner to Secure Banking as a Service for a New Generation of Users

LONDON–(BUSINESS WIRE)–Napier, the London-based financial crime compliance RegTech, is pleased to announce that Napier Continuum has been selected as the anti-money laundering (AML) platform for one of Europe’s fastest growing Banking as a Service (BaaS) digital banking providers. Napier is providing its Transaction Monitoring, Transaction Screening, Client Screening, Client Risk Assessment and Client Activity Review […]

Global Travel Platform Daytrip Closes $10M Series B Round

New Investment Will Drive Rapid International Growth PRAGUE–(BUSINESS WIRE)–Daytrip, a global travel platform providing private door-to-door car transfers in over 110 countries worldwide, announces the closing of a Series B investment led by Taiwania Capital, with participation from existing investors Euroventures, J&T Ventures and N1. Daytrip offers private transfers with English-speaking drivers and optional sightseeing […]

CORRECTING and REPLACING Apex Advisor Solutions Unveils Apex Astra at the 2024 T3 Technology Conference – Modernizing the Advisor Experience

— Apex Astra is a modern advisor experience that puts power back into the hands of advisors — New UI wraps Apex’s powerful APIs into an adaptive solution for RIAs to drive scalable organic growth DALLAS–(BUSINESS WIRE)–Please replace the release with the following corrected version due to multiple revisions. The updated release reads: APEX ADVISOR […]

uChoose Rewards Members Can Now Pay with Points at the Pump at bp and Amoco Stations

Credit and debit cardholders whose financial institutions offer rewards via the popular program from Fiserv can apply points to save money on fuel at thousands of locations BROOKFIELD, Wis.–(BUSINESS WIRE)–Nearly four million consumers with credit or debit cards issued by financial institutions participating in the uChoose Rewards® program from Fiserv, Inc. (NYSE: FI), a leading […]

Nukkleus Announces Collaboration between DRFQ and Tantel Group to Expand Footprint in Africa

Africa’s fast growing trillion dollar cross-border electronic payment market provides unique opportunities for Nukkleus to expand its global footprint and DRFQ’s transaction volume. NEW YORK–(BUSINESS WIRE)–$NUKK–Nukkleus Inc. (NASDAQ: NUKK) and its subsidiary, Digital RFQ (DRFQ), are excited to announce a new collaboration with Tantel Group to expand their footprint in the rapidly growing African B2B […]

Powder’s AI-Powered Co-Analyst for Financial Advisors Steps into the Spotlight at T3 FinTech Conference

Groundbreaking platform accelerates sales and client engagement process, onboarding, and service workflows to streamline and grow wealth management firms LAS VEGAS–(BUSINESS WIRE)–#KanishkParashar—Powder Finance, Inc. (Powder), a fintech innovator in developing next generation tools that help financial advisors streamline and grow their businesses, today announced that Powder, a generative artificial intelligence powered tool designed specifically to […]

Viamericas Partners with 24Xoro to Expand Real-Time Cross-Border Remittances to Mexico

MIAMI–(BUSINESS WIRE)–#fintech–Viamericas Corporation, a licensed, international remittance company, recently has integrated with 24Xoro to provide additional options for remittance beneficiaries to receive money in Mexico, providing Viamericas customers more options and locations for their remittance recipients to receive their money. 24Xoro offers safe and reliable methods to send and receive money within Mexico. Viamericas provides […]

Luma Financial Technologies and Yieldstreet Broaden RIA Access to Private Market Alternatives

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an award-winning independent multi-issuer structured products and annuities platform, has expanded its partnership with Yieldstreet, a leading private market investment platform, to bring Yieldstreet’s diverse offerings to Luma’s customer base. In doing so, Luma is broadening Registered Investment Advisors (RIAs) access to alternative investment products that can play a fundamental […]

KuCoin Highlights Its Focuses on Product Innovation Driving Retail and Institutional Adoption in World Crypto Forum in Davos

DAVOS, Switzerland–(BUSINESS WIRE)–#blockchain–KuCoin, a top 5 global cryptocurrency exchange, proudly participated in the World Crypto Forum which has attracted a global audience keen on unraveling the future of the crypto ecosystem. Dorian Vincileoni, KuCoin’s Europe Business Development Lead, shared his insights in the panel “The Future of Centralised Exchanges” along with other industry experts including […]

swifter.io Joins Guidewire Insurtech Vanguards Program

LONDON–(BUSINESS WIRE)–swifter.io, an insurance experience platform, announced that the company has joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the newest insurtechs and how to best leverage them. “We’re excited to join the Insurtech Vanguards program, where we can […]

LibertyFi and Aptus Capital Advisors Merge to Create First-of-its-Kind Custom Asset Management Program

Investment management firm acquires fintech operations outsourcer, leveraging synergies and expertise to create one-of-a-kind offering. BIRMINGHAM, Ala. & FAIRHOPE, Ala.–(BUSINESS WIRE)–LibertyFi, a technology and operations consultancy focused on driving revenue and growth for RIAs, and Aptus Capital Advisors, a CIO support and OCIO practice, have merged to create a firm designed to build custom solutions […]

Q2 Helps Tri Counties Bank Increase Online Account Openings by 75 Percent

Q2’s one-step account opening and onboarding tool funds new accounts within four minutes, giving Tri Counties Bank immediate access to incoming funds AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, announced today that Tri Counties Bank (NASDAQ: TCBK), a wholly-owned subsidiary of TriCo Bancshares, successfully […]

Maxio Institute’s B2B SaaS Report: Cybersecurity Led in 2023 with 37% Growth, Restaurant Tech Surges by 29% YoY

ATLANTA–(BUSINESS WIRE)–Maxio, the industry-leading billing and financial operations platform for B2B SaaS companies, today unveiled the latest edition of The Growth State for Subscription Businesses from the Maxio Institute, the company’s research and analytics group. The analysis of billing data from over 2,400 companies with combined $15B in annualizing billings between 2022 and the entirety […]

AI-enabled Direct Indexing Platform Alphathena Receives Strategic Investment from ETFS Capital and HPA

Investor support enables Alphathena to meet growing advisor demand for custom, accessible direct indexing and tax-loss harvesting solutions WARRENVILLE, Ill.–(BUSINESS WIRE)–#AIPlatform–Alphathena, the Morningstar Fintech Showcase 2023 “Best in Show” winner and leading AI-powered direct indexing platform for Registered Investment Advisors (RIAs), has secured a $4-million investment led by ETFS Capital, with Hyde Park Angels (HPA) […]

VoPay and GiveWise Transform Charitable Giving with Advanced Payment Solutions

Innovative Technology Boosts Donations and Efficiency for Canadian Charities VANCOUVER, British Columbia–(BUSINESS WIRE)–#charityplatform–The collaboration between VoPay, a leading provider of embedded financial technology solutions and GiveWise, a prominent charity software platform, introduces a revolutionary approach to charitable giving, simplifying the donation process for both donors and charities. In an era where the digital transformation of […]

Brightwood Capital Advisors Supports Rockbridge Growth Equity’s Acquisition of TouchFuse, LLC

NEW YORK–(BUSINESS WIRE)–Brightwood Capital Advisors, LLC, a private credit firm, announced that it has provided financing to support Rockbridge Growth Equity’s (“Rockbridge”) acquisition of TouchFuse, LLC (“TouchFuse”). As part of the transaction, Rockbridge combined TouchFuse with its existing portfolio company, White Glove. Financial terms of the transaction were not disclosed. TouchFuse offers a comprehensive technology […]

Co-op Credit Union Extends Longstanding Partnership with MDT, Adds Digital and Data Capabilities

Credit union expands relationship with CUSO to enhance member experience 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 that Co-op Credit Union has extended their relationship with MDT. The credit […]

Advyzon Releases Third Annual Special Report on Financial Advisor Billing & Fees

White paper analyzes billing trends and fee models that financial advisors are using today – and why CHICAGO–(BUSINESS WIRE)–#CRM–Could performance-based billing boost a financial advisor’s business? This is one of the questions that Advyzon, a comprehensive service and technology platform and portfolio management solution for financial advisors and investment managers, dug into as they analyzed […]

Nova Credit and Creditinfo Bridge Cross-Border Credit Access for Ukrainians

Credit Passport® solution eases financial challenges for migrants by connecting U.S., U.K., Canadian and other international lenders to translated credit data from Creditinfo’s IBCH Ukraine NEW YORK–(BUSINESS WIRE)–Nova Credit, the leading cross-border and alternative credit analytics company, has announced a strategic collaboration with Creditinfo, a global service provider for credit information and risk management solutions, […]

Pecan AI Introduces Predictive GenAI to Transform Enterprise AI Efforts

Fusing generative AI and predictive analytics, new platform capability will drive better, more meaningful business outcomes NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pecan AI, the leader in AI-based predictive analytics for data analysts and business teams, today announced Predictive GenAI, a unique combination of predictive analytics and generative AI that kickstarts fast, easy predictive modeling. […]

SoFi Launches Small Business Financing Marketplace

SoFi Bolsters Its Breadth of Financial Services Products and Offerings to Help Americans Find the Small and Medium Business Financing They Seek SAN FRANCISCO–(BUSINESS WIRE)–$SOFI–SoFi (NASDAQ: SOFI), the digital personal finance company, announced today the expansion of its new small business marketplace within the SoFi product experience. With this addition, SoFi will now be able […]

MEMIC Selects CLARA Analytics to Read and Summarize Medical Records With AI

CLARA Optics Streamlines Claims Management With Generative AI PORTLAND, Maine & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI–Maine Employers’ Mutual Insurance Company (MEMIC), workers’ compensation insurance specialists, has chosen CLARA Optics, an AI-driven technology platform developed by CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, to help them improve medical outcomes […]

MANTL Adds Effectiv to its Fraud Prevention & KYC Offering for Deposit Origination

NEW YORK–(BUSINESS WIRE)–Effectiv, a leading real-time fraud and risk management platform, and MANTL, a leading provider of account origination solutions, today announced a strategic partnership to integrate Effectiv’s fraud prevention and KYC technology within the MANTL omnichannel account opening experience. Through this partnership, MANTL customers will be able to leverage Effectiv’s artificial intelligence and machine […]

CAIS Debuts ‘CAIS Live’: A Nationwide Alternative Investment Education Program for Independent Financial Advisors

CAIS Live to host in-person events at a scale unprecedented in wealth management NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced the launch of CAIS Live, a new alts education program which features one-day, in-person events for independent advisors in key cities across the nation. “CAIS Live intends to […]

Financial Services and Insurance Sectors Go All in on Observability to Improve Digital Customer Experiences

New Relic report reveals financial services and insurance organizations are more likely to achieve full-stack observability in the race to modernize their tech stack and deliver innovative services to customers SAN FRANCISCO–(BUSINESS WIRE)–#newrelic—New Relic, the all-in-one observability platform for every engineer, announced the findings of its State of Observability for Financial Services and Insurance report, […]

Brightwell Collaborates with Visa to Enable Payouts to Bank Accounts and Wallets

Becomes the first Visa-enablement platform provider in North America to offer all cross-border payment modalities enabled by Visa Direct ATLANTA–(BUSINESS WIRE)–Global payments technology company Brightwell announces its most recent collaboration with Visa, a world leader in digital payments. Brightwell, a leading provider for cross-border global payments enablement, has implemented Visa Direct to enable payouts to […]

Boost Loss Prevention with Chrp’s New Guidewire Marketplace App

SAN MATEO, Calif. & DEBARY, Fla.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and Chrp Technologies (Chrp) announced that Chrp’s new Ready for Guidewire validated accelerator is now available to PolicyCenter users in the Guidewire Marketplace. Chrp specializes in inspection-based loss prevention for insurers. Its proprietary technology guides homeowners through a simple four-point virtual home inspection and uses artificial […]

Nukkleus Signs MOU to Substantially Increase Holdings in Jacobi Asset Management

MOU Sets Stage for Nukkleus to Acquire Additional 16% in Jacobi, Europe’s First Approved Bitcoin Spot ETF, Elevating Total Holdings to Approx. 20% NEW YORK–(BUSINESS WIRE)–$NUKK–Nukkleus Inc. (NASDAQ: NUKK), a pioneering force in the fintech industry, today announced the signing of a Memorandum of Understanding (MOU) as of January 16, 2024, that contemplates a substantial […]

Pidgin Publishes New Whitepaper to Guide Financial Institutions on their FedNow Service Journey

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments, published its newest whitepaper, “The FedNow Service is Here. Now What?” This free resource serves as a practical guide for banks and credit unions to evaluate their level of participation within the network, key decisions to make when getting connected and much […]

Unveiling the Strategic Partnership between IBS and Centrika Limited for the African Market Launch

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Following multiple successes in GCC, mainly KSA, Qatar, and Kuwait; Infinite Business Solutions – IBS (Dubai-HQ Jordanian-Emirati company) kicks-off 2024 by launching its revolutionary iKiosk Solution in Rwanda, Africa. The partnership with Centrika marks a pivotal moment aligned with His Majesty King Abdullah-II bin Al-Hussein’s working visit to Rwanda, which aimed […]

BrainChip and MYWAI Partner to Deliver Next-Generation Edge AI Solutions

LAGUNA HILLS, Calif.–(BUSINESS WIRE)–BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and MYWAI, the leading AIoT solution provider for Edge intelligence in the European Union (EU), today announced a strategic partnership to deliver next-generation Edge AI solutions leveraging neuromorphic compute. […]

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