Business Wire


Lithic Announces Commercial Revolving Credit API, Bringing Enhanced Flexibility to Business Credit Card Programs

New API infrastructure enables fintechs and financial institutions to build customizable commercial credit card programs, such as Novo’s Business Credit Card NEW YORK–(BUSINESS WIRE)–Lithic, a leading financial technology platform known for powering growth businesses with bespoke card solutions and seamless money movement, today announced the launch of its Commercial Revolving Credit API, expanding its suite […]

DataVisor Launches the Fastest and Most Accurate Algorithms for Real-Time, High-Volume Computation for Fraud Detection

First and only real-time solution that aggregates and computes fraud-detection features for massive data volumes with 100% precision and reliability MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, DataVisor, the world’s leading AI-powered fraud and risk platform, launched a groundbreaking solution that computes hotspot, distinct count, and high-frequency features in real-time with 100% accuracy for high-dimensional data at an […]

Marygold Launches Newest Feature of Mobile Fintech Banking App—Cash Management Account with Up To 6% Return

SAN CLEMENTE, Calif.–(BUSINESS WIRE)–The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today announced that its Marygold & Co. (“Marygold”) subsidiary has introduced the latest feature of its recently developed mobile fintech banking app—a Cash Management Account with a return of up to 6%. “Launch of the new […]

AST SpaceMobile Announces Definitive Commercial Agreement with Vodafone Through 2034

Agreement sets up Vodafone to offer space-based cellular broadband in its home and partner markets MIDLAND, Texas–(BUSINESS WIRE)–$ASTS #AST—AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, and Vodafone Group Plc (Vodafone) (LSE: VOD), […]

DeepGreenX Group and Hues Capital Launch $10 Billion USD Fund to Accelerate AI, Green Energy, and Computing Power

New DXG-Hues Fund will target innovative enterprises and solutions in these transformative ecosystems worldwide PARIS & NEW YORK–(BUSINESS WIRE)–DeepGreenX Group Inc. (“DeepGreenX,” “DXG,” or the “Company”), an AI-enabled green energy and technology company, and Hues Capital (“Hues”), a leading capital provider enabling financial technology ecosystems, AI, and green energy enterprises, jointly announced the formation of […]

ICE Expands Global Energy Offering with the Launch of Japanese Power Futures

JAPAN & LONDON & NEW YORK & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced the latest addition to its global energy offering with the launch of Japanese Power Futures. ICE has launched four Japanese Power Financial Baseload and Peakload Futures covering the Tokyo and Kansai areas respectively, […]

Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, the two business fintech services. Starting with over 11 million underserved SMEs and individuals in Southeast Asia and South Asia, the new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, […]

ValidMind Recognized as a Three-Time Category Leader in Chartis Research’s Model Risk & Validation 2024 Report

Leading model risk management platform’s recognitions demonstrate its growing profile as a significant player in the fintech and AI landscape PALO ALTO, Calif.–(BUSINESS WIRE)–ValidMind, the leading next-generation AI and model risk management platform for financial services, today announced it was recognized in the Chartis Research Model Risk & Validation 2024 Report as a category leader […]

SMArtX Advisory Solutions Expands Manager Marketplace with 24 New Strategies from Eight Leading Asset Management Firms

The Leuthold Group and Third Avenue Management Join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology, has announced the addition of 24 new strategies from eight leading asset management firms to its Manager Marketplace. SMArtX’s continuously growing platform now offers 1,537 strategies from 322 distinguished […]

CSI-Powered Banks Embrace New Technologies To Create Sustainable Financial Habits in Their Communities

Financial software leader powers savings products for teens and families, credit management and digital wallet capabilities through its core and digital banking platforms PADUCAH, Ky.–(BUSINESS WIRE)–CSI, a leading provider of end-to-end financial software and technology, is reporting multiple successes out of its financial wellness offerings among community bank customers and industry partners. As community and […]

Greenlight Brings Parents Extra Peace of Mind with New Real-Time Place Alerts and Location Sharing

Greenlight Infinity plan now includes a full suite of family finance and safety features from its award-winning debit card and banking app to location sharing and driving safety tools ATLANTA–(BUSINESS WIRE)–Greenlight®, the award-winning money and safety app for families, today announced the launch of industry-leading, real-time place alerts and location sharing designed to give parents […]

iCapital® Announces Brand Ambassador Sponsorship with Swiss World Cup Ski Athlete Stefan Rogentin

Downhill and Super-G specialist Stefan Rogentin will debut as iCapital brand ambassador at this year’s Beaver Creek Stifel Birds of Prey, Audi FIS Ski World Cup on December 6, 2024. NEW YORK & ZURICH–(BUSINESS WIRE)–iCapital1, the global fintech platform driving access to alternative investments for the wealth and asset management industries, today announced a brand […]

Intuit’s AI-Driven Expert Platform Redefines Tax Filing with ‘Done-For-You’ Experiences

Seamless AI-Powered Solutions and Consumer Platform Innovations Deliver Unparalleled Ease, Confidence and Faster Refunds MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced its tax platform offerings for personal and small business filers. New innovations and seamless integrations across Intuit’s AI-driven […]

Mitek Unveils Digital Fraud Defender: Next-Gen Defense Against Deepfakes and Emerging Digital Frauds

Combatting the rising tide of digital identity fraud fueled by GenAI, Mitek’s Digital Fraud Defender equips financial institutions and enterprises with advanced capabilities to detect deepfakes, injection attacks, and template attacks as part of the Mitek Verified Identity Platform® (MiVIP). SAN DIEGO–(BUSINESS WIRE)–#Cybersecurity–Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity verification, mobile […]

Apex Fintech Solutions and Advyzon Expand Strategic Partnership With Advyzon Investment Management (AIM)

• Designed to provide an advisor-centric solution that reduces administrative tasks DALLAS–(BUSINESS WIRE)–Apex Fintech Solutions Inc. (“Apex”), an innovation launchpad for the global investment ecosystem, and Advyzon, a comprehensive technology platform and portfolio management solution for financial advisors and investment managers, are thrilled to announce the expansion of their strategic partnership focused on integrating with […]

Fiserv Chairman, President and Chief Executive Officer, Frank Bisignano Nominated as Commissioner, Social Security Administration

MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Frank Bisignano, Fiserv Chairman, President and Chief Executive Officer, has been nominated by President-elect Donald J. Trump as the Commissioner, Social Security Administration. The appointment of Mr. Bisignano is subject to confirmation by the U.S. Senate, […]

FIS Recognizes Latest Cohort at 2024 FIS Innovation Day, Showcasing the Next Generation of Tech Across the Money Lifecycle

Key facts FIS hosted 100+ clients, community partners, colleagues, and fintech companies in Jacksonville for Innovation Day. Two standout companies, Prelim and Monkeykit, were awarded the Audience Choice Award for Innovation. Nine fintech startups were selected by FIS with the aim of supporting and accelerating their pace of innovation in the financial services ecosystem. JACKSONVILLE, […]

NationsBenefits® Announces Point-of-Sale (POS) Integration with Save A Lot Enabling Health Plan Members to Purchase Healthy Groceries and OTC Products

NationsBenefits and Save A Lot’s Partnership Enhances Healthcare Access for Health Plan Members Across the Nation PLANTATION, Fla.–(BUSINESS WIRE)–#SDoH—NationsBenefits®, the market leader in supplemental benefits and healthcare fintech solutions, today announced a new partnership with Save A Lot, one of the largest discount grocers in the United States. Starting December 3, 2024, members can use […]

FV Bank Further Expands Stablecoin integration into TradFi with USDT Real-Time USD Conversion

SAN JUAN, Puerto Rico–(BUSINESS WIRE)–#BankingTheFuture—FV Bank, the U.S. licensed digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services, today announced a further enhancement to its service offering with the integration of the stablecoin USDT for direct deposits. This deposit feature, now live for all FV Bank account holders, […]

Superapp Grab Selects AWS as its Preferred Cloud Provider to Drive Technology Innovation and Growth

Southeast Asia’s leading superapp leverages AWS to enhance operational efficiency across eight countries LAS VEGAS–(BUSINESS WIRE)–At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led […]

Pennant Technologies Collaborates With MOGOPLUS in Australia to Accelerate Lending Value Chain Transformation

SYDNEY–(BUSINESS WIRE)–#BorrowerExperience—Pennant Technologies, an agile and innovative financial technology company, today announced it has entered in to a strategic ecosystem collaboration with MOGOPLUS, a leading FinTech business providing data and insight solutions to financial institutions in Australia and the UK, to bring innovative borrower decisioning analytics, hardship management indicators and product and service innovation to […]

Circle is the First Stablecoin Issuer to Meet New Canadian Listing Rules

USDC to remain available on registered crypto asset trading platforms that meet the CSA’s Value Referenced Crypto Asset requirements NEW YORK–(BUSINESS WIRE)–Today, Circle Internet Group, Inc. a global financial technology company, announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ […]

First Fidelity Bank Selects Cotribute for Consumer Account Opening

~$2.7 billion bank taps Cotribute to help increase consumer deposits ~ ANAHEIM, Calif.–(BUSINESS WIRE)–#Cotribute—Cotribute, an award-winning embeddable fintech platform helping financial institutions grow deposits, loans and accounts, today announced First Fidelity Bank (FFB, $2.7 billion in assets under management, Oklahoma City, Okla.) has selected its Consumer Account Opening module to simplify the account opening process […]

Conquest Planning Surpasses 1 Million Plans Created, Selected as Top Innovator in Manulife and World Economic Forum’s Prospering in Longevity Challenge

Prestigious industry recognitions and strategic partnerships with top firms in Canada, the U.K. and the U.S. fuel Conquest’s strong growth trajectory WINNIPEG, Manitoba–(BUSINESS WIRE)–#AI—Conquest Planning Inc. (“Conquest”), a technology platform modernizing financial planning with customized and consumable advice, today celebrates a significant milestone after recently surpassing 1 million financial plans. This accomplishment is bolstered by […]

SoFi Expands Access to Alts through New Partnership with Templum: Cosmos Fund, with Sole Exposure to SpaceX, Pomona Investment Fund, and StepStone Private Markets Fund

Company Expands Access to Include Three New Funds in Response to Increasing Interest in Alternative Asset Classes from Retail Investors, Broadening Private Market Exposure SAN FRANCISCO–(BUSINESS WIRE)–$SOFI–Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced access to three new private market […]

Experian Wins Platinum Award for Identity Verification Innovation in Juniper Research’s 2024 Future of Digital Awards

Ascend Fraud Sandbox identifies undetected portfolio risk to reduce fraud, drive growth COSTA MESA, Calif.–(BUSINESS WIRE)–Experian today announced its Ascend Fraud Sandbox won the Platinum Award for Identity Verification Innovation in Juniper’s 2024 Future of Digital Awards, which recognizes the vendors that are revolutionizing today’s financial landscape and shaping tomorrow’s innovations. The Identity Verification Innovation […]

Protective Joins with iPipeline to Digitally Transform the Order Entry Process and Help Advisors Drive Efficiency

iPipeline’s Laser App technology to help Protective simplify the life insurance and annuities order submission process for its network of financial professionals EXTON, Pa.–(BUSINESS WIRE)–Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that it has collaborated with iPipeline®, a leading provider of digital solutions for the life insurance […]

Sandbox Wealth Closes $1.25 M of Pre-Seed Funding Supported by NextGen Venture Partners, Northwestern Mutual Future Ventures, gener8tor, and RevTech Labs

New capital will help expand business operations and further R&D of its open architecture banking and lending platform NEW YORK–(BUSINESS WIRE)–Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, announced today the successful pre-seed fundraise of $1.25 million in capital, led by NextGen Venture Partners, with participation from Northwestern Mutual Future Ventures, gener8tor, and […]

BlackRock Introduces International Country Rotation Strategy to Active ETF Lineup

Broadens Access to Dynamic International Exposure with Expertise from the Firm’s Model Portfolio Solutions Team NEW YORK–(BUSINESS WIRE)–Today, BlackRock expanded its active ETF offering with the launch of the iShares International Country Rotation Active ETF (CORO). Designed as a model building block, CORO consolidates insights from the BlackRock Model Portfolio Solutions team (MPS) and proprietary […]

Onbe and TAB Bank Modernize Account Balance Refunds with Secure Digital Options

The new partnership eliminates the cost and risk of issuing account balance refunds by check while delivering on consumers’ preferred payout choices. CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–Onbe, a leading corporate payouts platform, today announced that it has partnered with TAB Bank, a technology-driven online bank serving businesses and consumers, to modernize the process of disbursing refunds […]

Clearco and Boundless Launch Seamless Integration to Streamline Funding for Ecommerce Brands

TORONTO–(BUSINESS WIRE)–#api—Clearco, a working capital solution for ecommerce brands, and Boundless, a capital marketplace for high-growth businesses, today announces a technology integration that builds upon their existing partnership to transform access to working capital for ecommerce brands. The launch of the technology integration between Clearco and Boundless is designed to enable a seamless handoff for […]

Clear Street Launches in United Kingdom Following FCA Approval, Joins London Metal Exchange

UK selected due to critical role as global financial hub Clear Street becomes the latest ‘Category 1’ member of the iconic LME Jacinda Fahey appointed as CEO of UK and Europe to lead expansion NEW YORK–(BUSINESS WIRE)–Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernise the brokerage ecosystem, […]

Revolut Selects Metomic to Enhance SaaS Data Security across Its SaaS Environment

According to Revolut, Metomic’s solution provides the visibility and control needed to drive innovation without sacrificing data security LONDON–(BUSINESS WIRE)–#banking—Metomic, a next generation data security and data loss prevention (DLP) solution for protecting sensitive data in cloud-based work environments and SaaS ecosystems, today announced it has been selected by the global financial technology company Revolut […]

“AI is much like the early internet – embedding itself into our lives before we’ve set the right guardrails.” — Michael Lynton, Chairman of Snap Inc. at Team8’s Rethink AI Event

Team8 also Announces the Launch of Its ‘AI Excellence Center’ at their Annual LP Meeting to Strengthen Its Operating Platform NEW YORK–(BUSINESS WIRE)–Team8, the global fund investing in cybersecurity, data, AI, fintech, and digital health, along with their intersections, recently hosted a week of impactful events in New York City. The program kicked off with […]

AWS Announces New Database Capabilities Including Amazon Aurora DSQL, the Fastest Distributed SQL Database

Amazon Aurora DSQL provides a distributed SQL database with 99.999% multi-Region availability, virtually unlimited scalability, strong consistency, and zero infrastructure management LAS VEGAS–(BUSINESS WIRE)–At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced new capabilities for Amazon Aurora and Amazon DynamoDB to support customers’ most demanding workloads that need […]

76% of Americans Face Financial and Emotional Pressure over Holiday Spending

New data showcases the need for financial wellness as U.S. credit card debt reaches $1.17 trillion CHICAGO–(BUSINESS WIRE)–Beyond Finance, a leader in debt consolidation services, today unveiled new survey findings spotlighting the financial strain of holiday spending. Conducted among 2,000 Americans celebrating the winter holidays, the survey reveals that 76% experience emotional distress—“money wounds”—triggered by […]

First Fidelity Bank Selects Cotribute for Commercial Account Opening

~$2.7 billion bank taps Cotribute to help increase commercial deposits ~ ANAHEIM, Calif.–(BUSINESS WIRE)–#Cotribute—Cotribute, an award-winning embeddable fintech platform helping financial institutions grow deposits, loans and accounts, today announced First Fidelity Bank (FFB, $2.7 billion in assets under management, Oklahoma City, Okla.) has selected its Consumer Account Opening module to simplify the account opening process […]

CAIS Unveils Enhanced Trade Solution to Streamline Investment Experience, Accelerating Advisor Adoption of Alternatives

Enhanced trade solution to lay foundation for more streamlined investment experience, removing operational barriers NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today unveiled a series of new trade capabilities that will be made available to the over 2,000 wealth management firms that utilize the CAIS alts operating platform. The new […]

Voya Financial teams up with Orion to launch new technology platform for financial professionals

Voya WealthPath provides Voya Financial Advisors with broader in- and out-of-plan solution set to support clients’ wealth management needs more efficiently WINDSOR, Conn.–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA) announced today that it is collaborating with Orion, a premier provider of transformative wealthtech solutions for financial professionals, to launch a new and enhanced technology platform for […]

Cyrannus Wins Two ‘Best in Business’ Accolades From Inc. for Groundbreaking Venture Polling Platform

Annual List Recognizes Industry-Leading Companies on the Vanguard of Innovation COLUMBUS, Ohio–(BUSINESS WIRE)–Cyrannus, the first venture polling platform leveraging the collective intelligence of 1,000+ industry experts to evaluate early-stage equities and provide a prediction market for accredited investors, has been twice honored by venerable publication Inc. as part of its 2024 Best in Business Awards. […]