Business Wire


UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28

– The Sustainable Trade Forum is hosted by UAE Ministry of Economy in partnership with Capital.com and Vinfast – The event coincides with first-ever Trade Day at COP28 – Convenes global business and investment leaders from mobility, utilities and food sectors. ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–The Ministry of Economy, in partnership with global fintech […]

Cross River Extends $150MM Credit Facility to Best Egg to Provide Consumers with More Financial Control Through Best Egg Flexible Rent Program

Long-standing partners close on revolving warehouse program to finance and originate loans for Best Egg Flexible Rent program FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Best Egg, Inc., a leading fintech that provides flexible solutions to help people with limited savings confidently navigate their […]

Neo offers a more rewarding choice with a stable 4% high-interest savings rate on every dollar saved

The Neo High-Interest Savings account offers a stable 4% interest rate on every dollar saved — more than 2x the highest base interest rate offered by the Big 5 banks1. CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial–Neo Financial™ (Neo), a leading Canadian financial technology company, is helping Canadians reach their savings goals faster with a new […]

Navy Federal Credit Union Joins RTP® Network, Providing Members Convenient Transactions 24/7

VIENNA, Va.–(BUSINESS WIRE)–Navy Federal Credit Union received over $2.7 million dollars of real-time deposits during its first full day on the RTP® network, the instant payments system operated by The Clearing House, setting a new record among RTP financial institution participants. The RTP network provides Navy Federal members with the ability to receive instant payments […]

DigiFT Obtains Recognition as Recognised Market Operator and Capital Markets Services Licence From the Monetary Authority of Singapore

DigiFT, a digital assets exchange, was admitted into the Monetary Authority of Singapore FinTech Regulatory Sandbox in June 2022 for dealing in capital markets products by facilitating the issuance of security tokens, and for operating an organised market for secondary trading As a Capital Markets Services licence holder and a Recognised Market Operator, DigiFT is […]

Austin FC and Q2 Announce the 2023 “Q-mmunity Gives” Grant Recipients; $150,000 Awarded to Local Nonprofits

CareBOX Program, HAAM and Seedling Foundation named recipients of the third annual Q-mmunity Gives grant program AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings Inc. today announced the three recipients of the 2023 Q-mmunity Gives grant program. Local nonprofit organizations CareBOX Program, Health Alliance for Austin Musicians (HAAM) and Seedling Foundation will each receive a $50,000 […]

Usio Announces Strategic Partnership with Leading Benefits Administrator, Genius Avenue

SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (NASDAQ:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced it had entered into a Strategic Partnership with Genius Avenue, a leading benefits administration company. Genius Avenue has selected Usio to power their new, comprehensive FinTech solution focused on regulated […]

January Closes a $12 Million Series B to Help Americans Get Out of Debt

This investment led by IA Ventures will drive new product development, market expansion, and further January’s mission to facilitate the empathetic resolution of all written off and past-due debt. NEW YORK–(BUSINESS WIRE)–January Technologies, Inc. (“January”) announced that it has raised $12 million in Series B financing, preempted and led by existing investor IA Ventures. Existing […]

Pear VC Opening 30,000-Square-Foot Pear Studio Space in San Francisco for Tech Founders

SAN FRANCISCO–(BUSINESS WIRE)–Today, Pear VC (“Pear”) has announced that it is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This move by Pear marks a bright spot in an otherwise shaky San Francisco commercial real estate market, with the effective […]

NICE Actimize Cloud-Based SURVEIL-X Secures 2023 RegTech Insight USA Award for “Best e-Comms Surveillance Solution”

The award acknowledged NICE Actimize’s SURVEIL-X Communication Surveillance solution and its leadership in addressing today’s unique regulatory challenges HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, (Nasdaq: NICE) was named a category winner in A-Team Group’s 2023 RegTech Insight USA awards for “Best e-Comms Surveillance Solution.” Initially shortlisted by a panel of judges, NICE Actimize and its cloud-based SURVEIL-X […]

Rapid Finance Releases White Paper: “What You Should Know About Preventing Fraud and Optimizing Lending in The Age of Fintech”

BETHESDA, Md.–(BUSINESS WIRE)–Rapid Enterprise, a division of Rapid Finance, an industry leader in delivering automated and scalable Lending-as-a-Service (LaaS) solutions to support the growth and success of small businesses announced the availability of its latest white paper, “What You Should Know About Preventing Fraud and Optimizing Lending in The Age of Fintech.” Today, the current […]

Ault Alliance’s Subsidiary, Sentinum, Set to Launch New Montana Data Center, Boosting Bitcoin Mining Operations

LAS VEGAS–(BUSINESS WIRE)–$AGREE #20MW_power—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), plans to begin operations at its new Montana data center in January 2024. The opening of this new data center will expedite the Company’s plans to improve its […]

The Netrisk Group and Bauer Media Complete Merger of Online Comparison Businesses in Central and Eastern Europe

HAMBURG, Germany–(BUSINESS WIRE)–Today, the Netrisk Group (“Netrisk”) and Bauer Media Group, announced the successful completion of the merger combining their Online Comparison Platform (OCP) businesses in Central and Eastern Europe (CEE). This transaction marks the creation of a leading OCP business across six countries in the CEE region, operating together as the Netrisk Group. The […]

Kris+ by Singapore Airlines Selects Airwallex to Extend Lifestyle Rewards App in Australia

Kris+ by Singapore Airlines selects Airwallex to extend its lifestyle rewards app to more than 1.3 million KrisFlyer members in Australia Kris+ will integrate Airwallex’s Payment for Platforms solution into its app to enable a seamless payment experience that supports miles earning and redemption capabilities in Melbourne and Sydney SINGAPORE & MELBOURNE, Australia–(BUSINESS WIRE)–Kris+ by […]

Ant Group unveils "Fight Plastic for Nature" Action Initiative at COP28

DUBAI, United Arab Emirates–(BUSINESS WIRE)–In a pivotal move to address plastic pollution and promote nature conservation, the Ant Forest Foundation, established by Ant Group and its affiliates, today announced the launch of the “Fight Plastic for Nature” Action Initiative. The initiative was announced during the 28th Conference of the Parties (COP28) to the United Nations […]

Ault Alliance Announces That TurnOnGreen’s Common Stock is Now Quoted on OTC Link ATS Under the Symbol IMHC

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its subsidiary, Imperalis Holding Corp. (OTC: IMHC), dba TurnOnGreen, Inc. (“TurnOnGreen”), had its common stock start being quoted on the OTC Link ATS beginning November 29, 2023. On November 28, 2023, the […]

Greenwood Launches Greenwood Invest, A Stock Trading and Investing App Built to Enable Wealth Generation For Black and Latino Communities

The newest product is Greenwood’s first offering that helps actualize its mission of bridging the racial wealth gap by providing commission-free stock and ETF investing options to over 1.3 million community members ATLANTA–(BUSINESS WIRE)–Greenwood, the digital financial platform for Black and Latino consumers and businesses, today announced Greenwood Invest, a cutting-edge stock investing and trading […]

CAIS and BNY Mellon’s Pershing Expand Collaboration to Provide Advisors Access to a Large Selection of Alts Funds with No Custody or Transaction Fees

 CAIS Alts Experience through BNY Mellon’s Pershing builds upon existing integrations to remove transaction fees on participating funds through the CAIS Marketplace to BNY Mellon’s Pershing clients NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced that it has expanded its relationship with BNY Mellon’s Pershing (“Pershing”), a leading provider […]

Plinqit Experiences Strong Growth and Helps Banks Grow Deposits, Supported by Praxent

Partnership helps financial institutions accelerate digital initiatives, boosting deposit acquisition AUSTIN, Texas–(BUSINESS WIRE)–Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has recently experienced significant growth as more financial institutions look to technology to help customers save and grow. The company has partnered with Praxent, a financial […]

Conduiit, Inc. Secures $1 Million in Pre-Seed Funding to Revolutionize Production Accounting in Film and Television

Working with major networks including Amazon, Discovery, Netflix, and HBO, the fintech platform is on a mission to modernize production finance in the entertainment industry NEW YORK–(BUSINESS WIRE)–Today, Conduiit, Inc., a cutting-edge cloud-based FinTech platform designed to offer a one-stop shop for boosting profitability in film and television productions, announced the closing of $1 million […]

Ault Alliance Announces that Its Indirect Subsidiary, MTIX, Ltd. Provides Substantial Cost Savings and Environmental Benefits From Using Its Proprietary MLSE Process

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that MTIX Ltd. (“MTIX”), a wholly owned subsidiary of the Company’s majority owned subsidiary, Avalanche International Corp., has achieved substantial cost savings and environmental benefits with a digital scouring process algorithm associated with its license […]

MIRAI JMAC & Royal Family Office of UAE Announce Formation of MIRAI Capital Global With Its First Tranche of USD 1.5 Billion Investment Fund for ASIA-USA-UAE Corridor

New global partnership is set up as a Global Multi-Feeder Fund founded as a Strategic Partnership with His Highness Sheikh Ahmed Bin Faisal Al-Qassimi, a member of the Royal family of Sharjah & Ras Al Khaimah from the United Arab Emirates NEW DELHI, India & DUBAI, United Arab Emirates & SAN FRANCISCO–(BUSINESS WIRE)–#Investment–MIRAI JMAC, a […]

Helios Enhances its Suite of Customized Investment Models with Machine Learning

New feature aggregates and analyzes data in real-time to bolster the firm’s quantitative investment methodologies while optimizing client outcomes SACRAMENTO, Calif.–(BUSINESS WIRE)–#AI—Helios, pioneer of the Insourced Chief Investment Officer (ICIO) model, created to equip financial advisors with the necessary investment models, analysis tools, and support to increase scale and efficiency as well as communicate with […]

Provenir and tbi bank Recognized for “Best in Digital Lending Implementation” in the IBSi NeoChallenger Bank Awards 2023

tbi bank offers clients credit decisions in real-time at scale via Provenir’s AI-Powered Risk Decisioning Platform PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI—Provenir, a global leader in AI-powered risk decisioning software, along with customer tbi bank, a mobile-first challenger bank in Southeast Europe, have together been named winners of a IBSi NeoChallenger Bank Award for “Best in Digital Lending […]

Cicada Partners and Atlendis Labs Announced Strategic Partnership to Build Private Credit On-Chain

BOSTON & PARIS–(BUSINESS WIRE)–#Lending—Cicada Partners, a credit risk management company, and Atlendis Labs, a private credit Fintech, jointly announced a strategic and exclusive partnership to launch short-duration private credit opportunities, with an initial focus on Asset-Backed Lines of Credit. This exclusive Partnership will enable Cicada Partners to develop a private credit vertical in an operational […]

Mirador Rolls Out Latest Upgrade to its “RELI” Alternative Investment Data Management Offering

New Alkymi partnership adds additional AI and machine learning capabilities to Mirador’s core data processing platform STAMFORD, Conn.–(BUSINESS WIRE)–#AI–Mirador, Inc., the wealth management industry’s leading technology-enabled service provider for consolidated financial reporting and offline data management (ODM), today announced that it has now added Alkymi’s wealth management-specific machine learning capabilities to its AI/ML-enabled proprietary data […]

Cotribute Optimizes Digital Account Opening Process, Integrates Global KYC Solution

–Advanced digital onboarding platform now features automated identity verification, fraud capture, screening tools— ANAHEIM, Calif.–(BUSINESS WIRE)–#DigitalAccountOnboarding—Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships today announced it has received the Access Provider Certification of Global Know Your Customer (GKYC) from FIS® (NYSE: FIS), a global leader in financial services technology. […]

Global Blue Completes Strategic Equity Investment and Entry Into New Credit Agreement

SIGNY, Switzerland–(BUSINESS WIRE)–Global Blue Group Holding AG (NYSE: GB and GB.WS), the leading strategic technology and payments partner powering retailers’ improved performance and enhancing shoppers’ experience, is pleased to announce the completion of the strategic equity investment with Tencent, a world leading internet and technology company, and the signing of a new credit agreement which […]

CSOP: Pioneering Cross-Border Opportunities in HK, Bridging China and Saudi Arabia’s Capital Markets

HONG KONG–(BUSINESS WIRE)–CSOP Asset Management Limited (CSOP) is honored to announce the listing of CSOP Saudi Arabia ETF, the first exchange traded product in Asia Pacific tracking the Saudi Arabian equity market1. We are privileged to have the opportunity to work with the Public Investment Fund (PIF) on this new venture, opening up a gateway […]

Prosus Accelerates Profitability Target and Delivers on Objectives

Please note: Group results are shown on a consolidated basis from continuing operations, which reflect all majority owned and managed businesses. All OLX Autos business units are classified as discontinued operations, in line with IFRS disclosures. All growth percentages shown here are in local currency terms, excluding the impact of acquisitions and disposals (M&A), unless […]

Pomona Investment Fund Now On iCapital Marketplace

Expanding Advisors’ Access to Private Equity NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–Pomona Capital, a global private equity firm specializing in secondaries investing, along with Voya Investment Management, the asset management business of Voya Financial, Inc. (“Voya”), announced today it has expanded its partnership with iCapital1, a leading global fintech platform driving access and […]

Helix Enhances Cardholder Experience and Increases Fraud Protection With New Cooperative Authorization Solution

New authorization solution enables clients to personalize their cardholder experiences and improve profitability for qualified debit card programs AUSTIN, Texas–(BUSINESS WIRE)–Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced the launch of its new cooperative authorization solution for Helix by Q2 customers. The in-authorization solution, also known as “In […]

AccessOne Survey: Nearly 3 out of 4 Consumers Can’t or Don’t Pay Healthcare Bills Immediately

Responses underscore need for better healthcare payment options to relieve financial pressures and improve the patient experience CHARLOTTE, N.C.–(BUSINESS WIRE)–Seventy-two percent of consumers can’t or don’t pay their healthcare bills immediately, according to a recent survey commissioned by AccessOne, a leading provider of consumer-centric patient payment tools and financing options. Among those who wait to […]

Deepwatch Standardizes on Torq Hyperautomation Platform Across Its Global Security Infrastructure

Deepwatch harnesses enterprise-grade Torq Hyperautomation platform to increase flexibility, enhance visibility across the attack surface, and respond to emerging threats NEW YORK–(BUSINESS WIRE)–Torq, the security hyperautomation pioneer, today announced that Deepwatch, the leading managed security platform for the cyber resilient enterprise, has standardized on the Torq Security Hyperautomation platform across its global security infrastructure to […]

MoneyLion, Bubba Wallace, Tyler Reddick and 23XI Racing Partner in Thanksgiving Food Donation Giveaway

MoneyLion donated meal boxes ahead of the holiday to multiple organizations, including the Cooperative Christian Ministry, the Boys & Girls Club of America, KIPP Academy School and more NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products and content, announced today that it partnered with […]

DāSTOR Enhances Services Across its Four Data Centers in Pennsylvania and Delaware

Strategic Upgrades Mark a New Era of Enterprise-Focused Hybrid Colocation KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–DāSTOR, an enterprise-focused provider of scalable and secure hybrid colocation solutions, today announced enhancements and strategic developments to its portfolio of services across its four data centers located in Pennsylvania and Delaware. In the two and a half years since the […]

Motorcar Parts of America Launches Initial Phase of Vendor Supply Chain Financing Program

LOS ANGELES–(BUSINESS WIRE)–Motorcar Parts of America, Inc. (Nasdaq:MPAA) today announced it has launched a vendor supply chain financing program designed to enhance payment terms and improve cash flow for both valued vendors and the company. The platform will be administered by a leading FinTech company, which services suppliers in more than eighty countries in multiple […]

Neo Financial and JA Canada Launch Digital Financial Literacy Library, Empowering Young Canadians to Take Control of Their Financial Future

CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial—Neo Financial (Neo), a leading Canadian financial technology company, and Junior Achievement of Canada (JA Canada), a renowned youth financial education organization, have launched the JA Knowledge Hub—powered by Neo. With November marking Financial Literacy Month and many Canadians facing increased financial pressures, the JA Knowledge Hub offers financial literacy […]

ACI Worldwide and Mexipay to Empower Payment Innovation in México

Fintech Mexipay to leverage ACI Enterprise Payments Platform and ACI Low-Value Real-Time Payments to promote innovative real-time payments services in México MIAMI & MEXICO CITY–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a partnership with financial technology company Mexipay to boost payment innovation in México. Mexipay, a new […]

TELUS International Celebrates the Launch of Eco-Friendly Site in Morocco As Part of Its Expansion into EMEA

New site opens with 500+ employees providing AI data solutions and CX services; more than 95% of new hires are trilingual, speaking English, French and Arabic VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience innovator that designs, builds and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, […]

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