Business Wire


ICE Benchmark Administration Launches ‘Beta’ USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates®

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) has launched indicative, ‘Beta’ versions of its USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates®. The indicative, ‘Beta’ USD SOFR ICE Swap Rate Swap Spreads and EUR €STR ICE […]

Fighting Food Insecurity and Supporting Communities Focus of “Fifth Third Day”

Employees and customers to provide millions of meals for people facing hunger. CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank’s nearly 20,000 employees will celebrate “Fifth Third Day XXXIII” by volunteering and donating to fight food insecurity in the communities where they live and work. On May 3, celebrated as “Fifth Third Day,” the Bank will provide millions of […]

NCR Voyix and Olo Expand Long-Standing Partnership to Satisfy Restaurants’ Guest Data Needs

ATLANTA–(BUSINESS WIRE)–$VYX #Restaurants–NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, and Olo (NYSE: OLO), a leading restaurant technology provider, are expanding their long-standing partnership with the integration of Olo solutions onto the NCR Voyix Commerce Platform. This collaboration further integrates two open platforms, both with deep expertise serving complex, enterprise restaurants […]

Origami Risk Launches Package of Generative AI Solutions for Risk Managers

Origami champions a ‘safe and strategic’ approach to AI for the risk and insurance community CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading risk, safety, and insurance Software as a Service (SaaS) technology firm, will launch its new package of Generative AI (GenAI) solutions for risk managers at RIMS in San Diego next week as it urges risk […]

Today’s Digital Age Calls for Increased Protection of the Phone Number, says iconectiv

More than just a string of digits, phone numbers are a vital component for digital identities worldwide BRIDGEWATER, N.J.–(BUSINESS WIRE)–The market size for global digital identity solutions reached USD 27.51 billion in 2022 with projections indicating a steady expansion at a compound annual growth rate (CAGR) of 17.2% from 2023 to 2030, and for good […]

Ai For Alpha Launches Its New "CTA Flows Oracle" Technology

PARIS–(BUSINESS WIRE)–#AI—Ai For Alpha, a pioneering fintech specialized in AI investment strategies, announced the launch of its “CTA Flows Oracle” technology. The “CTA Flows Oracle” predicts flows of Managed Futures funds across all major asset classes. This innovative approach leverages Ai For Alpha’s unique technology for replicating hedge fund strategies. Beatrice Guez, CEO of Ai […]

Altruist Raises $169M Series E to Set a New Standard in Wealth Management

The new round of funding values the financial technology company north of $1.5B, on the heels of 550% YoY revenue growth and tripling AUM for a second consecutive year LOS ANGELES–(BUSINESS WIRE)–Altruist, the modern custodian built for RIAs, today announced a $169M Series E round of funding led by ICONIQ Growth with participation from new […]

BlackRock Invests in Willow to Support Growth of NextGen Investors

Willow Helps Financial Advisors Better Serve Growing Population of New Investors Willow Will Use the Funds to Launch Two New Advisor Certificates NEW YORK & BOSTON–(BUSINESS WIRE)–#financialadvisors–BlackRock, Inc. (NYSE: BLK) has made a minority investment in Willow Network, Inc. (“Willow”), a startup providing services to help financial advisors better serve a growing population of new […]

Orum Launches No Code Verify Solution, Expands Access to Instant Bank Account Verification

Verify accounts in seconds–with 100% coverage of US bank accounts—with a click of a button NEW YORK–(BUSINESS WIRE)–Orum, the simplest API for fast, reliable payments, today announced the launch of No Code Verify, which helps businesses and institutions determine whether a bank account is open and valid before initiating payments — all without integrating an […]

Ether Capital Announces Conclusion of its Strategic Review and Enters into an Agreement with Purpose Unlimited to Convert into a Staking Ether ETF

Key Highlights Ether Capital Corporation (“Ether Capital” or the “Corporation”) has entered into a framework agreement with Purpose Unlimited Inc. (“Purpose Unlimited”) and Purpose Investments Inc. (“Purpose Investments”, and together, “Purpose”) to convert itself into an exchange-traded fund (the “Fund”) to be managed by Purpose Investments Inc. Purpose will pay Ether Capital $1.5 million in […]

Usio’s Card Issuing Platform Enables MOBILEMONEY’S Innovative Reverse ATM Kiosks to Issue Hundreds of Thousands of Cards at Cashless Venues and Events

Partnership Expanding to Support MOBILEMONEY’s New General Purpose Reloadable Card Issuance (GPR Cards) and Virtual Cards SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (NASDAQ: USIO), a leading FinTech company that operates a full stack, cloud-based payment platform supporting integrated acceptance and card issuing solutions, provides the following update on its partnership with MOBILEMONEY. A trailblazer in the mobile […]

Intuit Celebrates Fourth Annual Small Business Success Month in May

Activities will recognize the impact and importance of small businesses and provide tools, resources, and funding to drive their success MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is celebrating its fourth annual Small Business Success Month in May. The month will […]

ICE Aligns Midland WTI (HOU) Crude Quality Specifications to Match U.S. Physical Gulf Coast Crude Cargoes

HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) futures contract is now further aligned with Midland WTI crude oil deliverable into Dated Brent and the rest of the Brent complex after ICE updated the quality specifications of the crude deliverable into […]

Lendbuzz Closes $100 Million Warehouse Facility With Mizuho Americas

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 $100 million warehouse facility with Mizuho Americas. Lendbuzz focuses on assessing the creditworthiness of consumers across the credit spectrum, many of whom are underserved by traditional banks, utilizing its proprietary […]

Toast Launches Digital Storefront and Marketing Suites Designed to Make it Easier for Restaurants to Bring Guests In and Keep Them Coming Back

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced details for its Digital Storefront and Marketing Suites. Toast’s Digital Storefront Suite offers robust website and online ordering capabilities. Toast’s Marketing Suite marries marketing tools with automation technology. Together, the suites create a seamless digital hospitality experience for restaurants, integrate across the […]

New AI-Driven Insights Reveal Small Business Owners Are Bullish Despite Constricted Spending

Entrepreneurial optimism remains strong across generations, sustained by technology and good purpose. SACRAMENTO, Calif.–(BUSINESS WIRE)–#ClutchEntrepreneurialTracker–Clutch, a distinguished women-owned consulting services firm dedicated to helping small business entrepreneurs and government organizations grow, launched its first inaugural Clutch Entrepreneur Tracker. This quarterly data analysis evaluates the emotional state of entrepreneurial spending, highlighting key reasons driving the rampant […]

Historic Growth and Unprecedented Momentum: Doc2Doc Lending Helps Meet the Financial Needs of Physicians with up to $100 Million from Rivonia Road Capital

ATLANTA–(BUSINESS WIRE)–Doc2Doc, Inc. and Rivonia Road Capital LLC today announced a financing that represents a momentous stride in Doc2Doc’s trajectory. Rivonia Road has agreed to provide up to $100 million, making this transaction the largest in the Company’s history and affirming its dedication to offering impactful financial solutions exclusively and uniquely for doctors. “As we […]

CLARA Analytics and Origami Risk Partner to Accelerate AI Adoption for Risk Managers and Claim Handlers

Partnership Provides Claims Professionals Fast Access to Best-in-Class AI SUNNYVALE, Calif. & CHICAGO–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced the company is expanding its relationship with Origami Risk (“Origami”), the industry-leading risk, safety and insurance software as a service (SaaS) technology firm. The two […]

Azul Intelligence Cloud Boosts DevOps Efficiency with Insights from Production Runtime Data Across Entire Java Estates

Powerful DevOps analytics solution now supports Oracle JDK and any OpenJDK-based distribution SUNNYVALE, Calif.–(BUSINESS WIRE)–Azul, the only company 100% focused on Java, today announced that Azul Intelligence Cloud, Azul’s cloud analytics solution which provides actionable intelligence from production Java runtime data to dramatically boost developer productivity, now supports Oracle JDK and any OpenJDK-based JVM (Java […]

The Bliss Group Opens London Office to Support Clients in UK

After nearly 50 years of marketing communications in the US, Bliss expands internationally NEW YORK–(BUSINESS WIRE)–Insights-driven marketing communications agency The Bliss Group announced its international expansion into the United Kingdom with the opening of a new London office to serve professional services, financial services, healthcare, tech and impact clients with a European presence. The expanded […]

Swap Secures $9 Million of Funding to Launch its Global Product Offering

The New Funding Enables the E-Commerce Platform to Improve Cart Conversion by Taking the Worry Out of Cross-Border Shipments LONDON–(BUSINESS WIRE)–Swap, the e-commerce operating system that manages all operations for direct-to-consumer brands, today announced a $9 million Series A led by QED Investors, with participation from Cherry Ventures, 9900 Capital, 2100 Ventures, and Ed Hallen, […]

Mohegan Digital Chooses PayNearMe as Exclusive Payment Provider for Pennsylvania Online Gaming

PayNearMe’s MoneyLine™ platform enables Mohegan Digital to offer players the widest range of deposit and withdrawal options through a single integration SANTA CLARA, Calif.–(BUSINESS WIRE)–PayNearMe, the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine™ as its exclusive payments platform to facilitate the deposit and payout […]

NICE Actimize Positioned #1 in the Inaugural 2024 Chartis Financial Crime and Compliance50 Report

NICE Actimize was also honored with a core technology award for case management and a solution award for its AML/TM capabilities HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as #1 in the inaugural Chartis Research Financial Crime and Compliance50 Report (FCC 50). Chartis Research, part of Infopro Digital, is a […]

Affinity Credit Union Selects Mahalo Banking After Comprehensive Vendor Evaluation

Credit union leveraging banking platform to optimize the digital experience, attract new members TROY, Mich.–(BUSINESS WIRE)–#banking—Mahalo Banking, a premier online and mobile banking solution provider specifically designed for credit unions, has partnered with Des Moines, Iowa-based Affinity Credit Union (‘Affinity CU’ – $147M in assets). Collaborating with Mahalo enables Affinity CU to deliver new digital […]

FINOS launches AI Readiness as the cornerstone effort of an industry-wide open-source AI initiative for Financial Services.

FINOS Members including Citi, Scott Logic, Morgan Stanley, ControlPlane, Microsoft, London Stock Exchange Group, Publicis Sapient, Databricks, EPAM and Provectus collaborate to develop a governance framework for the onboarding, development and running of AI-based solutions within financial services. NEW YORK–(BUSINESS WIRE)–#AI–The Fintech Open Source Foundation (FINOS), the financial services umbrella of the Linux Foundation, today […]

The Bliss Group Opens London Office to Support Clients in the UK

After nearly 50 years of marketing communications in the US, Bliss expands internationally LONDON–(BUSINESS WIRE)–Insights-driven marketing communications agency The Bliss Group announced its international expansion into the United Kingdom with the opening of a new London office to serve professional services, financial services, healthcare, tech and impact clients with a European presence. The expanded footprint […]

defi SOLUTIONS Launches Thorough Infrastructure Intrusion Investigation and Refutes Confidential Information Hacking Claims

Hacking group demands ransom, threatens reputational harm armed with public-facing information WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS, the leading provider of originations, servicing, and managed servicing software and services, is announcing today an unsuccessful hacking and extortion attempt by a known cybercriminal group. The group, which according to the Cybersecurity Advisory (CSA) has targeted organizations in multiple […]

Safeguarding Your Pet: Trupanion Dispels Common Pet Insurance Myths

SEATTLE–(BUSINESS WIRE)–With pets holding a special place in our hearts as cherished family members, the need to ensure their well-being has never been more important. However, when faced with unexpected veterinary expenses, pet parents can find themselves grappling with tough decisions. Trupanion, medical insurance for cats and dogs, offers a quality solution, providing peace of […]

ICE Redefines Mortgage Servicing for Industry Professionals with New Intelligent, Conversational Interface

ICE launches MSP Digital Experience, giving servicing professionals a more intuitive, dynamic and conversational approach to working in MSP, the industry’s leading system of record for mortgage servicing ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today officially introduced the MSP® Digital Experience (MSP DX). MSP […]

ICE to Provide OTC Derivatives Pricing and Risk Management Solution to Multinational Mining and Metallurgy Company Eramet S.A.

ATLANTA & NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Eramet S.A., a leading French multinational mining and metallurgy company, has selected ICE’s Portfolio Analytics platform to support pre-trade price discovery, end of day valuation for derivatives, and foreign exchange (FX) risk management. “By […]

ICE Reports Record Open Interest of Over 94 Million Contracts across Futures and Options including Record Open Interest in Energy and Commodities

LONDON & AMSTERDAM & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that its global futures and options markets reached record open interest (OI) of over 94 million contracts on April 24, 2024, up 26% year-over-year (y/y), including record OI in commodities of 66.3 million and record […]

Visa Joins AWS Partner Network to Help Simplify Global Digital Payments

Visa to streamline access to select services via the AWS partner network for its cloud-native fintech, financial institution, and enterprise clients SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V), a world leader in global digital payments, announced today it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to […]

Ault Alliance’s Subsidiary, Sentinum, Announces Signing of First Non-Mining Related Colocation/Hosting Agreement

LAS VEGAS–(BUSINESS WIRE)–$AGREE #100000_square_foot_enterprise_class_data_center—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 signed its first non-mining colocation/hosting agreement utilizing the Tier 3 portion of its approximately 100,000 square foot enterprise-class data center. The data center, operated by its […]

WEX Signs Agreement with Leading Online Travel Platform Booking.com

Continuation of long-standing partnership demonstrates strength and reliability of WEX’s enterprise-grade technology platform, flexibility through co-development of proprietary travel payment solutions, geographic reach, and deep payments industry expertise PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached a new long-term agreement with […]

Ouro Teams Up with Texas One Fund with Multi-Year NIL X World Wallet Financial Empowerment Program for University of Texas Student-Athletes

Largest Program of Its Kind with NIL Nonprofit Collective to Equip Student-Athletes to Take Control of Financial Futures AUSTIN, Texas–(BUSINESS WIRE)–Ouro, a global fintech company founded in 1999 by former University of Texas (UT) students and Netspend founders Roy and Bertrand Sosa, today announced a game changing partnership with Texas One Fund, the Official NIL […]

BlackRock Activates Retirement Solution Offering A Paycheck For Life

Nearly two-thirds of American workers fear outliving their retirement savings1 LifePath Paycheck can help alleviate that concern for half a million people with more to follow Solution is part of BlackRock’s efforts to help people manage spending throughout increasingly longer retirements NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE: BLK) announced today that its retirement income solution, LifePath Paycheck™, […]

LocatorX Names Jody Spencer as New Chief Marketing Officer

Spencer joins the team to drive brand awareness, GTM, and customer experience ATLANTA–(BUSINESS WIRE)–#HLS–LocatorX appoints Jody Spencer as its new Chief Marketing Officer (CMO) to accelerate the company’s growth and drive new market expansion. Reporting to CEO Chester Kennedy, Spencer will be responsible for the company’s rebrand, marketing strategy, and reimagining the customer and partner […]

Ouro and Real Madrid Partner to Deliver Innovative Financial Products to Football Fans Around the Globe

Renowned football club and fintech pioneer to develop co-branded digital banking solutions across Ouro portfolio of payment brands AUSTIN, Texas & MADRID–(BUSINESS WIRE)–Ouro, a global financial services and technology innovator, and the Real Madrid Football Club today announced a strategic partnership agreement to develop and deliver co-branded financial solutions to fans in key markets globally, […]

Zilch Selects Amazon Web Services to Accelerate AI Innovation

Zilch levels up its artificial intelligence (AI) and machine learning (ML) engine, drawing on its unrivalled insights into the mass market spending and credit landscape Investment in new AI capabilities is already transforming Zilch’s processes for credit underwriting, fraud detection and buyer intent analysis Expanded use of Amazon Web Services’ (AWS) AI and ML services […]

Finance in Motion and Napier AI partner on AML for secure impact investments

LONDON–(BUSINESS WIRE)–Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion. Napier AI is providing its Client Screening solution and Client Risk Assessment module as part of the […]

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