Business Wire


CRSP Selects ICE’s Uniform Entity Sectors for CRSP Market Indexes and Historical Equity Research Database

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that the Center for Research in Security Prices, LLC (CRSP) will use ICE’s Uniform Entity Sectors classification system for the CRSP Market Indexes (CRSPMI) Sector Indexes and will be one of the sector codes available […]

Astra Partners With Plaid to Launch Instant Authenticated Payments With Plaid Identity Verification

SAN FRANCISCO–(BUSINESS WIRE)–Astra, a leading infrastructure provider for faster payments, today extended its partnership with Plaid, a data network powering the digital financial ecosystem, to provide a unified solution for securely embedding instant transfers into fintech products. “All consumer experiences are trending towards faster, on-demand funds availability across deposits and withdrawals, but faster settlement comes […]

Qarar and Biz2X Partner to Launch the First Cloud-Based SME Lending Platform in Saudi Arabia

The Companies Invite Lenders to Join New Loan Platform and Empower Small Businesses with Improved Access to Financing RIYADH, Saudi Arabia–(BUSINESS WIRE)–Qarar, a wholly owned subsidiary of SIMAH and the Middle East’s prominent data analytics and credit decisioning company, and Biz2X, a global fintech technology and financing provider with an established presence in the USA, […]

Praxent Helps NEWITY Efficiently Provide 120,000+ SMBs with Access to $11.4B in Funding Through an Agile SMB Capital Access Platform

New borrower portal drives efficiencies, boosts conversions AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech product agency with more than two decades of experience, has helped NEWITY modernize and enhance its platform, including pre-qualification, loan application, borrower portal, and ERC application powered by the successful execution of over 15 fintech integrations, with new product releases every 12 weeks. […]

Dash Solutions Acquires KyckGlobal, Advancing Its Industry-Leading Payments Platform

Underscores company’s growth strategy to provide comprehensive top-of-market payment solutions. BIRMINGHAM, Ala.–(BUSINESS WIRE)–Dash Solutions, (formerly Prepaid Technologies), an innovative payments and engagement technology provider today announced the acquisition of KyckGlobal, an Atlanta-based fintech company offering a suite of domestic and international digital payment solutions. Since the $96 million investment from Edison Partners in 2021, Dash […]

Providence Federal Credit Union Partners with Mahalo Banking to Enhance Online, Mobile Banking Experiences

Credit union leveraging banking platform to redesign digital member experience, provide self-service capabilities TROY, Mich.–(BUSINESS WIRE)–#automation–Milwaukie, Or.-based Providence Federal Credit Union (‘Providence FCU’ – $182M in assets) has partnered with Mahalo Banking, a premier online and mobile banking solution provider specifically designed for credit unions. Mahalo’s member-centric design, enhanced security functionality and forward-thinking innovation continue […]

VSoft Partners with Pidgin, Enabling Financial Institutions to Offer Real-Time Payments

VSoft’s core and digital banking solutions now integrate with instant payments platform, Pidgin ATLANTA–(BUSINESS WIRE)–VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, announced that its core processing platform, Wings and its digital banking platform, Arya now support real-time payments through its integration with Pidgin. Pidgin is a secure real-time […]

Plinqit Invited to Demo Its Newest High Yield Savings Product at FinovateFall 2023

ANN ARBOR, Mich.–(BUSINESS WIRE)–Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, has been selected to demo its latest product, High Yield Savings by Plinqit at FinovateFall this year in New York City. Plinqit’s founder and CEO, Kathleen Craig, and Senior Vice President of Marketing, Kirsten Longnecker, […]

Ault Alliance Announces BitNile.com, Inc. to Expand Its Social Gaming with Launch of Blackjack on September 1, 2023

LAS VEGAS–(BUSINESS WIRE)–$AGREE #3D_gaming—Ault Alliance Inc. (“Ault Alliance” or the “Company”) announced today that the metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023. The Platform is owned and operated by BitNile.com, Inc. (“BNC”), a wholly owned subsidiary of BitNile Metaverse, Inc. […]

Tri Ri Asset Management Announces Final Close Of Oversubscribed VC Fund At $142m

NEW YORK–(BUSINESS WIRE)–Tri Ri Asset Management (“TRAM”), a New York based Asset Manager, has announced the final close of its flagship $142m TRAM Venture Fund (“TRAM VF” or “the fund”), which closed at its ‘hard cap’. The successful fundraising is a testament to Tri Ri’s strategy, past performance in alternative assets and strong base of […]

Force Management Named to Inc. 5000’s Fastest-Growing Privately Held Company List

With Three-Year Revenue Growth of 101%, Force Management Is Recognized for the Second Consecutive Year CHARLOTTE, N.C.–(BUSINESS WIRE)–This week, Inc. announced that Force Management, provider of elite sales solutions, was named to the Inc. 5000 list of Fastest-Growing Privately Held Companies. The most prestigious ranking of the fastest-growing private companies in America, the Inc. 5000 […]

Viamericas Achieves Rewards Program Milestone with Over Half a Million Members Enrolled

MIAMI–(BUSINESS WIRE)–#fintech–Viamericas Corporation, a licensed, international remittance company, recently enrolled over 600,000 members in the Viamericas Plus program in the first year of its rollout. This program allows customers to receive rewards for utilizing Viamericas’ services including money transfers, bill payments, telephone top-ups and Amazon Cash reloads. Viamericas customers are rewarded with ViaPoints every time […]

Fiserv and Akoya Meet Consumer Demand for Anytime, Anywhere Financial Information with New Data Sharing Agreement

Connection will enable direct access to data, facilitating secure information sharing for financial institutions and their customers BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, and Akoya, an API-only network for the consumer-permissioned sharing of financial data, are collaborating to enable secure data sharing among financial institutions, […]

Fortitude Re Engages IBM to Transform and Optimize Its Life Insurance and Annuity Third Party Administration Operations

Fortitude Re and IBM establish long-term strategic relationship to collaborate on growth opportunities to further enhance Fortitude Re’s position as a leading global provider of legacy reinsurance solutions. The companies enter into $450 million, 10-year collaboration for administration of over 4 million insurance policies. IBM launches its fully licensed Life and Annuity third-party administration solution. […]

Cross River Partners with Current to Further Its Mission of Financial Inclusion and Serving the Underbanked Population of 26 Million

Solution addresses critical credit history problem currently restricting access to credit and financial stability for millions Credit building product will enable members of Current to build credit histories through a single spending balance FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a premier U.S. […]

CLARA Analytics and ClaimDeck Combat Growing Litigation Rates and Rising Social Inflation

Leading Casualty Claims AI and Litigation Management Platform Providers Align to Optimize Claims Outcomes SANTA CLARA, Calif. & DALLAS–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology for commercial insurance claims optimization, and ClaimDeck, the industry’s leading SaaS-based, process-driven litigation management platform, today announced they have formed a strategic partnership to help […]

Expedite the Total Loss Process with IAA’s New Guidewire Marketplace Apps

SAN MATEO, Calif. & WESTCHESTER, Ill.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and IAA, an RB Global, Inc. company (NYSE: RBA) (TSX: RBA), announced that IAA’s new Ready for Guidewire validated accelerators are now available to Guidewire ClaimCenter users in the Guidewire Marketplace. IAA is a leading global marketplace for total loss, damaged, and low-value vehicles, with solutions […]

Ault Alliance Subsidiary, Sentinum, Inc., Initiates Construction on its Montana Data Center

LAS VEGAS–(BUSINESS WIRE)–$AGREE #20_megawatts—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced that its wholly owned subsidiary, Sentinum, Inc., formerly known as BitNile, Inc. (“Sentinum”) has commenced construction in Montana of its next data center. As previously disclosed, Sentinum’s wholly owned subsidiary, BNI Montana, LLC, earlier this […]

Merit Financial Upgrades Client Experience with the Nitrogen Growth Platform

Merit’s client base of over 16,000 high-net-worth individuals and families will immediately benefit from advanced risk and analytics capabilities AUBURN, Calif.–(BUSINESS WIRE)–#Fintech—Nitrogen, the company that is revolutionizing how financial advisors and wealth management firms grow, today announced the deployment of its growth platform to Merit Financial Advisors (“Merit”). Merit is a national registered investment advisor […]

Bushel® Secures $26 Million to Accelerate Digitization in Agriculture

The Banc Funds Company led the investment round with additional funding from new and existing investors. This investment supports Bushel’s continuing efforts to digitize paper processes and payments, fuel expansion opportunities to serve ag retailers, and develop more tools that enhance business relationships in the agricultural supply chain. Development efforts will focus on creating additional […]

Farmers Insurance Federal Credit Union Goes Live with Constellation To Power Its Next-Generation Digital Banking Experience for Members

RALEIGH, N.C.–(BUSINESS WIRE)–#cloudnative–Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced today that $1.5 billion asset-sized Farmers Insurance Federal Credit Union (FIGFCU) has gone live with the Constellation Digital Banking platform, branding its new digital banking experience as Tulee. Powered by Constellation, Tulee launched earlier this summer, allowing the credit union to offer […]

Exploring the Regulatory Landscape in LATAM’s Payments Industry

BARCELONA, Spain–(BUSINESS WIRE)–#Latampayments–Jonathan Wilson, Chief Risk Officer at PayRetailers, delves into the continuously evolving regulatory terrain within LATAM’s payments industry and its implications for fostering a favorable business environment. By The Paypers The Current State of the Payments Industry in LATAM Jonathan Wilson opens the conversation by shedding light on the current state of the […]

Feel Sharp, Play Sharp: Gillette and Razer Team Up for the Ultimate Collaboration in Grooming and Gaming

Iconic brands team up to create exclusive razor to level up shaving and gaming experience BOSTON–(BUSINESS WIRE)–Gillette™, the world’s largest male grooming company, and Razer™, the world’s leading lifestyle brand for gamers, have teamed up to launch the ultimate collaboration in grooming and gaming. The two brands – who both have rich history and tradition […]

Tradable Partners with Victory Park Capital and Spring Labs to Revolutionize Access to Private Credit

SANTA MONICA, Calif.–(BUSINESS WIRE)–Tradable, a technology company making institutional-quality private credit deals accessible to more investors, announced today a new partnership with Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit, and Spring Labs, a leading enterprise technology company specializing in enterprise data security, to support the development and launch […]

Velocity Risk Underwriters Implemented Guidewire InsuranceNow to Launch New Products for Business Growth

Managing general agency leveraging core operations in the cloud NASHVILLE, Tenn. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireCloud—Guidewire (NYSE: GWRE) announced that Velocity Risk Underwriters (Velocity Risk), a catastrophe-focused property insurance hybrid managing general agency (MGA) and AM Best A- (Excellent) rated excess and surplus (E&S) insurer licensed in all 50 states, implemented Guidewire InsuranceNow to […]

Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024

Wescom enters merger agreement with CCFCU, expanding the credit union’s reach and enhancing commitment to build better lives for more Californians PASADENA, Calif.–(BUSINESS WIRE)–Wescom Credit Union and Central Coast Federal Credit Union (CCFCU) have entered into a merger agreement, announcing their intent to merge in the second quarter of 2024. For nearly 90 years, Wescom […]

Wellfit Partners with ADSO to Enhance Financing Options for Its Members

IRVING, Texas–(BUSINESS WIRE)–Wellfit® Technologies, Inc., (Wellfit), a leading healthcare technology platform that provides streamlined dental financing, discount plans and payment processing, announces its partnership with the Association of Dental Support Organizations (ADSO). Through this affinity benefit partnership, Wellfit will offer ADSO members a tailored version of its patient financing platform, empowering dental practices to provide […]

CardX: New Jersey Surcharge Legislation Signed Into Law

New Jersey law imposes reasonable surcharge limitations and disclosure requirements, reflecting input from CardX CEO Jonathan Razi. ORLANDO, Fla.–(BUSINESS WIRE)–New Jersey Governor Phil Murphy announced Friday that he signed Assembly Bill 4284 into law, which prohibits New Jersey merchants from imposing a credit card surcharge that exceeds the payment processing cost, and requires merchants to […]

Citi Survey Shows Challenges Ahead from Accelerated Settlements

77% of the market participants surveyed expect accelerated settlements to have a major impact on their business 80% of market participants expect a notable impact on their securities lending and borrowing business Cash, funding and liquidity management remain greatest obstacle to achieving a shortened settlement cycle LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Citi today […]

Forrester Honours Recipients Of Its 2023 Technology Awards For Europe, The Middle East, And Africa

İşbank and Schneider Electric recognised for building their technology strategies around customers to fuel business growth LONDON–(BUSINESS WIRE)–Forrester (Nasdaq: FORR) today announced that İşbank and Schneider Electric are the winners of its Technology Strategy Impact and Enterprise Architecture Awards for Europe, the Middle East, and Africa (EMEA), respectively. These awards, which will be presented at […]

MEMIC Selects Gradient AI to Gain Competitive Advantage in Its Workers’ Compensation Claims Operations

Advanced Benchmarking and Prediction Solutions Help MEMIC Better Forecast Claim Trends, Optimize Case Reserves, and Manage Claims Costs More Effectively ORLANDO, Fla.–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at WCI 2023 Conference an expanded relationship with MEMIC, an A.M. Best “A” (Excellent) rated […]

MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses

Intuit is harnessing the power of data and generative AI to transform the way more than 100 million customers improve their financial success and achieve their dreams MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is hosting Intuit Innovation Day, a special […]

Closinglock Announces SOC 2 Type II Certification

Closinglock maintains the highest security standards for protecting against wire and identity fraud in real estate transactions AUSTIN, Texas–(BUSINESS WIRE)–#SOC2–Closinglock, a leading provider of fintech and fraud prevention solutions for the real estate industry, today announced its SOC 2 Type II certification. This certification is an independent audit that verifies the company’s security policies, procedures, […]

Mogo Launches Normal Course Issuer Bid on TSX

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”) today announced that, in addition to the Company’s existing common share buyback program launched on the NASDAQ in March 2022 (the “NASDAQ Bid”), the Company has received approval from the Toronto Stock Exchange (the “TSX”) to commence repurchasing its common shares on the TSX […]

Pecan AI Recognized as Meta Business Partner for Marketing Measurement

Partner badge highlights companies vetted by Meta for technical and service excellence NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–#YouCanWithPecan—Pecan AI, the leader in AI-based predictive analytics for analysts and business teams, today announced that it has been named a Meta Business Partner within the Measurement specialty. This achievement reflects Pecan’s deep experience in marketing mix […]

Howl.xyz and Fair.xyz Partner to Accelerate Brand and Career Growth for Web3 Artists

Partnership Delivers Web3 Artists Ongoing Brand and Marketing Support AUSTIN, Texas–(BUSINESS WIRE)–Howl.xyz, a premium communications agency that specializes in disruptive technology, today announced it’s working alongside Fair.xyz, a no-code platform that allows creators to launch end-to-end non-fungible tokens (NFT); secure, accessible and fair. Howl.xyz will provide hands-on marketing support, with Fair.xyz offering strategic advice to […]

Cross River Teams Up with Atlanta-Based Organizations, The Empty Stocking Fund and Caden Teaches Finances, to Bring School Supplies and Financial Literacy to Local Students and Educators

Organizations provide essential supplies for teachers and foster financial empowerment for youth, as financial institution continues to support impactful organizations across the nation FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, is proud to join forces with The Empty Stocking Fund (ESF) and Caden Teaches Finances […]

Best’s Commentary: Vesttoo Highlights Importance of Managing Counterparty Risk

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–With the Vesttoo fallout as a backdrop, a new AM Best commentary details leading bank issuers of collateral letters of credit (LOC) to (re)insurance companies, as well as companies with LOC exposures to China Construction Bank Corp., which has been linked to the ongoing situation. The Best’s Commentary, “Vesttoo Highlights Importance of Managing […]

CLARA Analytics’ AI Platform Extracts Deep Context From Plaintiff Legal Demands

Generative AI Technology Zeros In on the Right Conclusions, Delivering Superior Value SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announces extended capabilities that empower insurance carriers to extract critical information from legal demand documents. CLARA Optics automates the transcription of medical records and legal […]

Conquest Planning Partners with Vancity, Extending Personalized Financial Advice to More Canadians

Vancity’s network of financial advisors gain access to Conquest’s innovative financial planning software WINNIPEG, Manitoba–(BUSINESS WIRE)–#AI—Conquest Planning Inc. (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced an integration with Vancity, Canada’s largest community credit union. With assets exceeding $34 billion, including assets under administration, Vancity is the first credit […]

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