Business Wire


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

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

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

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

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

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

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

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

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

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

–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

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

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

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

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

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

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

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

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

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

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

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

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

  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!

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

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 […]

Memorial Credit Union Selects Mahalo Banking to Redesign its Digital Banking Experience

Credit union overhauls digital banking solution, thoughtfully improving member experience TROY, Mich.–(BUSINESS WIRE)–#banking–Mahalo Banking today announced its new partnership with Houston, Texas-based Memorial Credit Union (‘Memorial CU’ – $96M in assets). During its comprehensive vendor overhaul process, the credit union selected Mahalo’s online and mobile banking solution to maximize its digital transformation, modernize its banking […]

73% of Businesses Struggle with Payment Delays, According to Rapyd’s 2024 State of Payments for High-Opportunity Industries

Exploring High-Opportunity Industries: High-opportunity industries are fast-growing, highly profitable and have unmet payment needs. They include Online Gaming, Influencer & Affiliate Marketing, Creator Economy, Online Trading, Online Travel, and Digital Goods. 73% Struggle with Delays: Rapyd’s report finds 73% of high-opportunity vertical businesses face payment delays (2-15 days). Delays Disrupt Businesses: Nearly half (45%) of […]

Davies’ Evaluation Endorses DataVisor’s Enhanced AML/BSA Solutions, Affirming Operational Integrity and Seamless Investigation Processes for FIs

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and financial crime prevention platform, announced today that it partnered with Davies, a consultancy focusing on the technologies supporting compliance in financial services, for an independent evaluation of its modern Anti-Money Laundering (AML)/Bank Secrecy Act (BSA) solutions. Davies validated and endorsed DataVisor’s solutions, confirming reliable operational […]

Circle Launches in Brazil to Catalyze Digital Dollar Access

Partnering with local fintech leaders to enable low-cost and streamlined access to USDC SÃO PAULO–(BUSINESS WIRE)–Today at Circle Forum São Paulo, Circle, a global financial technology firm and the issuer of the leading regulated stablecoin, USDC, announced its official launch in Brazil. This strategic expansion marks an opportunity to deliver highly demanded USD-backed digital dollars […]

Pantheon Partners with iCapital® to Expand Access to Specialist Evergreen Semi-Liquid Private Equity Solution

Pantheon and iCapital will leverage iCapital’s innovative technology and structuring capabilities to bring Pantheon’s high conviction private equity investments to a wider range of global investors Partnership also includes solutions targeting markets with growing demand across Europe, the Middle East, Latin America and Asia LONDON–(BUSINESS WIRE)–Pantheon, a leading specialist global private markets investor, and iCapital1, […]

Nine Credit Unions Using Corelation’s KeyStone Core Extend Relationship with Bankjoy

DETROIT–(BUSINESS WIRE)–Nine credit unions have extended their relationships with leading digital banking provider, Bankjoy, following their success using the company’s award-winning digital banking platform, which integrates seamlessly with Corelation’s KeyStone core platform. Today, Bankjoy serves a growing client base of more than 70 financial institutions, including nearly 50 credit unions using Corelation for core processing. […]

Pontera Solutions Signs 41k Square Foot Expansion Lease with ESRT at the Empire State Building

Fintech Company Will Relocate from ESRT’s 111 W. 33rd Street NEW YORK–(BUSINESS WIRE)–Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new, long term lease with Pontera Solutions, Inc. for a 40,679 square foot space at the Empire State Building. Pontera – a fintech company that specializes in software for financial […]

Pidgin Partners with Corelation to Enable Real-Time Payments for Credit Unions Nationwide

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Corelation Inc., a fintech offering the next generation of core processing solutions. Pidgin is now a preferred partner with Corelation, and together, the partnership will enable more credit unions to offer real-time payments to their members with Pidgin’s payments […]

Treasury Prime Partners with Onboarding Identity Provider Footprint

Collaboration will enable banks and fintechs to securely accelerate onboarding with embedded Know Your Customer (KYC) and Know Your Business (KYB) features SAN FRANCISCO–(BUSINESS WIRE)–Treasury Prime, a leading embedded banking software company, announced today its strategic partnership with Footprint, a unified onboarding platform for identity, fraud and security. The addition of Footprint to Treasury Prime’s […]

Jenius Bank Surpasses $1 Billion in Deposits

The new digital banking division of SMBC MANUBANK hits milestone by deeply understanding consumers’ needs and empowering them with a market-leading rate LOS ANGELES–(BUSINESS WIRE)–Jenius Bank™ the new digital division of SMBC MANUBANK, a wholly-owned subsidiary of SMBC Americas Holdings, Inc., hit a milestone last week, reaching $1 billion in deposits for its high-yield savings […]

New Small Business Grants Available from Intuit QuickBooks

Program Will Unlock $200,000 In Funding For Small Businesses MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced the QuickBooks Grant Program, which will award 20 small business owners $10,000 each and business mentorship resources to help drive their success. The program […]

Pidgin Named President’s Award Winner in 2024 NEACH Excellence Awards

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, was named the winner of the President’s Award in NEACH’s 2024 Excellence Awards. The NEACH Excellence Awards showcase outstanding payments contributions in leadership, products or services to the financial industry and beyond. Winners were announced at the 2024 Payments Management Conference, held […]

Q2 and Austin FC Announce the 2024 Dream Starter Competition Winner – 29ELEVEN THE SALON

Austin-based startup providing haircare services to people of color to receive $100,000 in funding to accelerate its business and mission AUSTIN, Texas–(BUSINESS WIRE)–Today, 29Eleven The Salon was announced as the winner of the 2024 Austin FC Dream Starter Competition presented by Q2 Holdings, Inc. (NYSE: QTWO). 29Eleven The Salon will receive $100,000 in funding to […]

MyGuava and Visa Launch Collaborative Out Of Home Campaign in London

LONDON–(BUSINESS WIRE)–#allthingspayments–Guavapay, a global fintech company has announced its partnership with Visa, a world leader in digital payments, to launch an impactful Out Of Home (OOH) campaign across London. This collaboration aims to enhance awareness of MyGuava multicurrency Visa Card for users of MyGuava App and MyGuava Business, the flagship products of Guavapay. The campaign […]

1 25 26 27 28 29 225