Business Wire


HighRadius Named 2024 Gartner® Magic Quadrant™ Leader for the Third Time in a Row

Positioned highest for both Completeness of Vision and Ability to Execute. HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the leading provider of the Autonomous Finance Platform for the office of the CFO, has once again been named a Leader in the 2024 Gartner Magic Quadrant for Invoice-to-Cash Applications. Gartner Magic Quadrant gives enterprise technology shoppers an unbiased assessment of how […]

WisdomTree Reports Monthly Metrics for April 2024

Over $1.4 billion of net inflows in 2024 year-to-date despite April outflows WisdomTree Prime® is now available to users in New York and to ~75% of the U.S. Population NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for April 2024, including assets under management (AUM) and flow data by […]

SRM Announces Partnership with Filene Research Institute to Support the Next Generation of Credit Union Member Growth

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management, Inc.), a trusted advisory firm serving financial institutions globally, announced its partnership with Filene Research Institute to sponsor their newest Center of Excellence (CoE), “The Next Generation of Member Growth.” Through this partnership, SRM aligns itself with the most trusted name in credit union research. This initiative will yield […]

Gainbridge® Announces Parity Week to Empower Girls and Women in Sports and Education

Gainbridge®, Parity, and Women’s Sports Foundation® partner for second annual Parity Week to award grants to organizations that support girls and women, including one in Billie Jean King’s honor ZIONSVILLE, Ind.–(BUSINESS WIRE)–As part of this year’s “Parity Week by Gainbridge®: Investing in the Future of Women’s Sports,” Gainbridge® announces grants totaling $150,000 to deserving organizations […]

EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities

SAN FRANCISCO–(BUSINESS WIRE)–EarnUp, Inc., a financial wellness fintech company, announced today that lenders and servicers will be able to use its platform to offer borrowers a convenient mortgage payment option: Text to pay via debit card. This enhancement will mark a significant advancement of EarnUp’s award-winning platform, providing borrowers with greater flexibility and convenience in […]

ICE Clear Credit Adds Royal Bank of Canada as a Clearing Member

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for […]

Change Lending Becomes a Member of the Federal Home Loan Bank of San Francisco

ANAHEIM, Calif.–(BUSINESS WIRE)–#africanamerican–Change Lending, LLC (“Change”) proudly announces it has become a member of the Federal Home Loan Bank (FHLB) of San Francisco as of May 6, 2024. This milestone marks a significant step forward in Change Lending’s commitment to serving underbanked and underserved borrowers and communities. The FHLB of San Francisco is a vital […]

CAIS Expands Marketplace Offerings with Blackstone’s Alternative Investment Strategies

CAIS platform powers the largest network of independent advisors for alternative investing NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced that Blackstone, the world’s largest alternative asset manager with over $1 trillion in assets under management, has expanded CAIS Marketplace offerings with Blackstone’s alternative investment strategies. “We are committed […]

SMArtX Makes Major Expansion, Adding 86 New Strategies From 12 Leading Asset Management Firms

Allspring Global Investments, Aperio Group, First Trust Investment Solutions, and Natixis Investment Managers join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology, announced it has added 86 strategies offered by 12 leading asset management firms to its rapidly expanding platform. The firm’s cutting-edge […]

WisdomTree Prime® Now Available to Users in New York

NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that WisdomTree Prime® is now available to users in New York. The app, now available across 41 states, offers one integrated ecosystem to save, spend, and invest – bringing the consumer’s financial life on-chain. This announcement follows the recent news that WisdomTree has […]

Options and oneZero Announce Strategic Partnership to Boost Multi-Asset Enterprise Trading Technology Solutions

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced an expanded strategic partnership with oneZero, the leading multi-asset class enterprise trading technology provider for banks and financial institutions. The partnership is set to build upon the existing, proven integration between oneZero and Options Activ’s consolidated data service, […]

Lendbuzz Completes $216 Million Asset-Backed Securitization

BOSTON–(BUSINESS WIRE)–Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $216 million securitization (“LBZZ 2024-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. LBZZ 2024-2 issued […]

Christian Brothers Services Selects Origami Risk’s Core P&c Platform for Policy Administration and Billing

Insurer Leveraging Origami’s Multi-Tenant SaaS P/C Insurance Suite for Efficiency, Robust Analytics, Enhanced Service to Members, Agents and Brokers ROMEOVILLE, Ill.–(BUSINESS WIRE)–#CoreSolutions–Christian Brothers Services (CBS) has selected Origami Risk’s multi-tenant SaaS P/C platform to streamline its policy administration and billing processes, enhance service resources for its members, and to gain insights into its current coverage […]

JBI Studios Announces Strategic AI Acquisition and Partnerships, Launches ‘AI Suite’ to Deliver Next-Generation Enterprise AI for the Financial Services Sector

JBI Studios acquires AI platform Cody AI to accelerate AI capabilities for Enterprises and SMBs with new ‘AI Suite’ LOS ANGELES–(BUSINESS WIRE)–#AI–Just Build It (JBI), a visionary company focused on designing, building and renovating companies to be best in class, today announces the strategic acquisition of advanced AI platform Cody AI into JBI’s marketing and […]

Iconic Arts, Next-gen Entertainment Studio, Opens Doors in Los Angeles and Tokyo

Hollywood’s Hottest Start-up Raises $3.1 Million at a $20 Million Pre-seed Valuation (Download hi-res logo here) LOS ANGELES–(BUSINESS WIRE)–Iconic Arts, a new transmedia entertainment studio founded by Steven Haddadian, Alec Roth, Matthew Medney, Mo Yazdani, and Jack Sheehan, announced today $3.1 million in financing at a $20 million pre-seed valuation. The company opens doors in […]

Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds

Cicada has built an innovative all-to-all electronic alternative trading system for global institutional market participants that trade Mexican government bonds. Citi has made a strategic minority investment in Cicada and will act as a liquidity-provider for the trading platform. NEW YORK–(BUSINESS WIRE)–Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was […]

WaFd Bank to Streamline Payments for Small Businesses with CashFlow Central from Fiserv

Small business customers can access payments and accounts payable and receivable capabilities through a single integrated solution MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow CentralSM from Fiserv to enhance their robust small business banking offerings. WaFd Bank small business customers […]

Netcapital Pursues Broker-Dealer License to Increase Potential Revenue Generation

Company intends to expand service offerings to include Reg A+ and Reg D deals and broker-dealer partnerships BOSTON–(BUSINESS WIRE)–$NCPL #Earnings—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its wholly-owned subsidiary, Netcapital Securities Inc., has applied for broker-dealer registration with the Financial Industry Regulatory Authority (“FINRA”). This marks […]

Panax Offers AI-powered Cash Flow Management Platform, Secures $15M to Scale and Meet Rapidly Growing Global Demand

In the face of economic uncertainty, next-gen treasury automation solution empowers finance teams to fortify business resilience NEW YORK–(BUSINESS WIRE)–Amid high-interest rates and cash uncertainty, finance teams are struggling to proactively manage complex cash flow, liquidity and financial risks. Panax offers an AI-driven cash flow management platform that empowers mid-market and large companies with complex […]

NICE Actimize Recognized as Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report

Measured across five solution capabilities, NICE Actimize scored highly in entity management, workflow and automation, and system interfaces and APIs HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor […]

Fifth Third’s Financial Empowerment Mobile Begins New Season of Supporting Communities with SpringFour’s Financial Health Resources and Reimagined Experience

CINCINNATI–(BUSINESS WIRE)–Fifth Third’s Financial Empowerment Mobile, commonly known as the eBus, brings financial access and education directly into communities, especially underserved areas. For 2024, the eBus has been reimagined to offer enhanced experiences including immediate checking account opening, face-to-face consultation pods for private conversations, computer workstations for guests and broader services. “At Fifth Third, we […]

Ault Alliance’s Subsidiary, Sentinum, Completes Initial Bitcoin Mining Installation at Montana Location

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has received 1,000 Bitcoin miners from its Michigan Facility at one of its two Montana Bitcoin mining sites. Those miners are currently being installed and the Company […]

Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities

Asset manager demand for advanced front-office support propels growth of Investment Data Science business at Northern Trust CHICAGO–(BUSINESS WIRE)–#assetmanagement–Northern Trust (Nasdaq: NTRS) announced today that Cornerstone FTM, a financial technology focused investment fund, has selected Northern Trust and its strategic partner, Equity Data Science (EDS), for Research Management System (RMS) and Portfolio Construction solutions. Cornerstone […]

Saifr Expands AI-Powered Offerings for Regulatory Compliance

Saifr’s enhanced risk detection capabilities help marketing and compliance teams comply with complex regulations BOSTON–(BUSINESS WIRE)–Saifr®, a compliance solutions provider that uses artificial intelligence (AI) to help financial services firms mitigate regulatory risks, today announced expanded AI capabilities that help firms develop compliant, marketing-optimized content more efficiently. Saifr’s new, AI-enabled compliance analytics can now detect […]

Future Capital and Money Concepts Partner to Enable Financial Advisors to Succeed at the Convergence of Wealth and Retirement

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–#Retirement—Future Capital, a tech-enabled registered investment advisor (RIA), and Money Concepts, a privately owned broker dealer, today announce their strategic partnership. This collaboration will bolster Money Concepts’ services, enhancing its solutions that encourage better retirement outcomes. Future Capital enables advisors to seamlessly manage their existing wealth management clients’ held-away 401(k) assets, with or […]

Nacha Announces Orum as a Preferred Partner for ACH Experience and Nacha Certified

MIAMI BEACH, Fla.–(BUSINESS WIRE)–Orum, which offers an API for fast, reliable payments, is now a Nacha Preferred Partner for ACH Experience and has also attained Nacha Certified status. Orum optimizes and automates ACH payment processes for businesses and institutions via its money movement solution, Deliver, and its instant bank account verification technology, Verify. The modern […]

GWN Securities Selects Advisor360° to Fuel New Technology Platform

Investment Signals a Focus on Empowering Financial Advisors Nationwide WESTON, Mass. & PALM BEACH GARDENS, Fla.–(BUSINESS WIRE)–#ConnectedWealth—GWN Securities, Inc., a national independent broker-dealer and RIA, has chosen Advisor360° to deliver its unified multi-custodial Account Opening solution and flexible wealth management platform as the new foundation for its technology stack. The move reinforces the firm’s deep […]

MDT Named a Best Place to Work in Financial Technology for Fifth Consecutive Year

CUSO recognized for dynamic, fulfilling and inclusive work environment 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 announced its fifth consecutive recognition as one of the Best Places to Work in […]

PayNearMe Partners With Trustly to Enhance Open Banking Technology

iGaming and Online Sports Betting clients benefit from Trustly’s guaranteed ACH payment option integrated into the MoneyLineTM Platform SECAUCUS, N.J.–(BUSINESS WIRE)–SBC SUMMIT NORTH AMERICA – PayNearMe, the fintech company bringing progress to payments, today announced a partnership with Trustly, the global leader in open banking payments. The integration of Trustly’s Open Banking solution provides operators […]

FIS Launches Innovative New Fintech Platform – Atelio™ by FIS

Key Facts: Atelio by FIS is an innovative fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings. Building on FIS’ history of financial innovation and focus on the financial services industry, Atelio accesses FIS’ scaled technology, broad suite of financial service capabilities, and […]

Stronghold Enhances Payment Network with Strategic Acquisition of 20022 Labs

SAN FRANCISCO–(BUSINESS WIRE)–#fintech—Stronghold, a leader in innovative digital payment solutions, today announced its acquisition of 20022 Labs, a pioneer in advancing the ISO 20022 financial messaging standard. This strategic move significantly enhances Stronghold’s proprietary payment network, StrongholdNET, further aligning it with ISO 20022 standards. 20022 Labs, renowned for its expertise in data-rich payment processing, will […]

Global RegTech Consolidator Corlytics Acquires a Deloitte UK RegTech Platform

LONDON–(BUSINESS WIRE)–Corlytics, the global leader in regulatory intelligence and policy compliance technology, has acquired a digital RegTech platform from Deloitte UK. The marriage of the two platforms is transformational, completing the cycle of regulatory assessment and implementation. The announcement closely follows Verdane’s majority stake investment last month to cement Corlytics’ global category leadership. Plugged directly […]

Regula Wins Global InfoSec Awards 2024 as the Most Innovative Vendor of Forensics and Identity Verification Solutions

RESTON, Va.–(BUSINESS WIRE)–#award—Regula, a global developer of forensic devices and identity verification (IDV) solutions, has won the Global InfoSec Awards for the second time in a row. The renowned cyber security experts repeatedly recognize Regula’s commitment to expertise, which sets its hardware and software IDV solutions apart. The Global InfoSec Awards is an accolade initiative […]

IC360 and Radar Announce Strategic Partnership for Geolocation Services

Geo360 powered by Radar to be a geolocation compliance alternative for the sports betting and iGaming market with additional one-of-a-kind enhancements to IC360’s integrity monitoring dashboard LAS VEGAS & NEW YORK–(BUSINESS WIRE)–Integrity Compliance 360 (IC360, a result of the recent merger between U.S. Integrity and Odds On Compliance), the global leader in delivering best-in-class integrity […]

Artificial Intelligence Risk, Inc. Launches RIA GPT, the First Generative-AI Platform Specifically for Registered Investment Advisors (RIAs)

RIA GPT Provides Advisors with AI Efficiencies while Addressing Governance, Risk, Compliance and Cybersecurity GREENWICH, Conn.–(BUSINESS WIRE)–#AI—Artificial Intelligence Risk, Inc. (AI Risk, Inc.), the leader in AI Governance, Risk, Compliance, and Cybersecurity (AI GRCC) software, announced today the launch of RIA GPT, a new software platform providing safe, secure, generative-AI for registered investment advisors (RIAs). […]

Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct

SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. (NYSE: V) and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network. With Visa Direct’s extensive reach in the US, J.P. […]

iCapital® Introduces iMAP, its First Model Portfolio for Alternative Investments

This first-of-its-kind solution for the wealth management industry Available on iCapital Marketplace, enabling advisors to easily integrate alternative investments with traditional public market portfolios. NEW YORK–(BUSINESS WIRE)–#AlternativeInvestments—iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announces the introduction of iCapital Model Portfolios. Today, the more than 100,000 U.S. […]

Pressed Juicery Selects NCR Voyix Solutions to Squeeze Greater Value Out of its Technology

ATLANTA–(BUSINESS WIRE)–$VYX #JuicyCollaboration–Pressed Juicery, a pioneer in cold-pressed juices and wellness offerings, is proud to announce its choice of NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to enhance guest experience through innovative technology. By adopting the premier platform-based Point of Sale (POS) solution, Aloha Cloud by NCR Voyix, Pressed Juicery is […]

Amid High Interest Rates and Inflation, American Homeowners Would Rather Renovate Than Buy a New Home

84% of U.S. homeowners who were planning to buy a new home say interest rates have impacted their decision RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Home Loans recently conducted a survey to determine Americans’ intentions for their homes, and whether they are choosing to renovate their current property or buy a new house that better fits their needs […]

BlackRock MuniVest Fund, Inc. (MVF) Announces Adoption of Discount Management Program

NEW YORK–(BUSINESS WIRE)–$MVF–BlackRock MuniVest Fund, Inc. (NYSE: MVF, the “Fund”) announced today the adoption of a discount management program (the “Program”). Under the terms of the Program, the Fund intends to offer to repurchase a portion of its common shares via tender offer if certain conditions are met during specified time periods, as detailed below. […]

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