Business Wire


Pathward Financial Inc. Builds on Recent Momentum, Progress Toward Enhancing Financial Inclusion

SIOUX FALLS, S.D.–(BUSINESS WIRE)–Pathward Financial, Inc. (“Pathward Financial” or the “Company”) (Nasdaq: CASH), a U.S.-based financial holding company driven by its purpose to power financial inclusion, today commemorates the conclusion of a transformative 12-months, which has been marked by a series of pivotal business developments. In October 2022, the company and its subsidiary, Pathward®, N.A., […]

Five Credit Unions Partner with MDT to Increase Efficiencies, Enhance Member Service

Credit unions select CUSO for robust core, ecosystem of complementary solutions 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 that Great NorthWest FCU, Sentry Credit Union, Georgetown Kraft Credit Union, […]

Credit Card Issuers Must Confront Consumers’ Mounting Debt, J.D. Power Finds

Majority of U.S. Credit Card Customers Carry Revolving Debt TROY, Mich.–(BUSINESS WIRE)–Total U.S. credit card debt increased $45 billion between April and June of this year and has now topped the $1 trillion mark, according to the New York Federal Reserve. For the nation’s credit card issuers that inauspicious milestone, combined with several other consumer […]

Moniepoint – Leading Business Bank – Enters Personal Banking Market

 Moniepoint’s personal banking solution offers reliable debit cards to over 33 million Nigerians who currently use its terminals monthly, with an easy dispute resolution system that ensures funds reversal for failed card transactions LAGOS, Nigeria–(BUSINESS WIRE)–Moniepoint Microfinance Bank, the leading business banking platform in Nigeria announces its entry into the personal banking market with the […]

Talmix Announced as Digital Staffing Technology Market Leader in 2023 Ardent Partners Advisory

Ardent Partners describes Talmix as a “prominent player” LONDON–(BUSINESS WIRE)–#digitalstaffing–Talmix, a global business talent marketplace, today announced that it has been positioned as a Market Leader in Ardent Partners’ 2023 Digital Staffing Technology Advisor. Talmix achieved its ranking by demonstrating the completeness of its solution and the continued maturity of its product and customer success. […]

Param Accelerates European Expansion With Twisto Acquisition

Param, Turkey’s largest FinTech, has acquired Czech BNPL provider Twisto as it expands its footprint across Europe. Twisto’s European licences will empower Param to offer its wide range of embedded finance solutions across the market. Initial focus is on the UK, Germany, Netherlands, Czech Republic and Poland. EBITDA positive since inception, Param will also bolster […]

Sightline Announces Executive Leadership Changes

Omer Sattar Assumes Role of CEO and Heads Payments Innovation; Mike McManus Named Customer Innovation Lead LAS VEGAS–(BUSINESS WIRE)–Sightline, a leading FinTech company specializing in payments technology and bespoke mobile solutions for the regulated gaming industry, today unveiled a series of strategic executive leadership changes: Omer Sattar transitions from Co-CEO to CEO and will also […]

Celero Commerce Enters Partnership with Nashville’s Iconic Bluebird Cafe

Nashville Fintech Becomes Popular Music Venue’s Preferred Payments Partner NASHVILLE, Tenn.–(BUSINESS WIRE)–#BluebirdCafe—Celero Commerce (“Celero”), a top ten U.S. non-bank payment processor, today announced an exciting new partnership with Nashville’s Bluebird Cafe. A revered music venue that has launched the music careers of many top stars, including Taylor Swift, Garth Brooks, and Faith Hill, The Bluebird […]

Best Innovation Group, Alkami and Arrowhead Credit Union Collaborate for Seamless Digital Banking Conversion

RANCHO CUCAMONGA, Calif.–(BUSINESS WIRE)–Best Innovation Group (BIG) today announced that it has supported Arrowhead Credit Union’s successful conversion to Alkami’s digital banking platform. As a result, the credit union was able to easily transition member accounts to the new platform without disruption. As the facilitator of this collaboration, BIG played a crucial role in the […]

DataVisor Releases New Fraud Solution to Address Real-Time Payments Fraud

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud as the FedNow Service expands instant payments options. DataVisor’s Real-Time Payments Fraud Solution leverages rich account life-cycle signals, advanced machine learning techniques and prebuilt rules that have been tested and proven […]

Nitrogen AI Marketing Content Tool Sees Immediate Adoption by Wealth Management Firms

Nitrogen AI empowers advisors with customized content generation, surpassing 500 advisor users AUBURN, Calif.–(BUSINESS WIRE)–#AI—Nitrogen, the company that is revolutionizing how financial advisors and wealth management firms grow, today announced the significant traction demonstrated by Nitrogen AI, an AI-driven virtual marketing content assistant embedded into its Advisor Marketing Kit. The tool, available to Elite, Ignite, […]

Bluevine Celebrates 10 Years of Powering Small Business Banking

Filling the Void Left by Big Banks That Have Underserved SMBs for Decades, Bluevine Surpasses 500,000 Business Customers Served, $850 Million on Deposit, and $14 Billion in Loans Delivered to US-Based Business Owners JERSEY CITY, N.J.–(BUSINESS WIRE)–Bluevine, the leading provider of small business banking solutions, proudly celebrates its ten year journey of delivering checking, lending, […]

UK FinTech Growth Partners Announces the Launch of its Growth Stage FinTech Fund

New fund targeted to fill growth capital gap and ensure continuation of the UK’s pre-eminence in FinTech LONDON–(BUSINESS WIRE)–UK FinTech Growth Partners LLP (“UK FinTech Growth Partners”) is pleased to announce that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth stage FinTechs as they scale. […]

Old Glory Bank’s Secret Weapon in Serving Customers

www.oldglorybank.com NASHVILLE, Tenn.–(BUSINESS WIRE)–Necessity, it seems, is not the mother of invention. Motherhood is. That was the brainchild of Anne Marie Ring, Executive Vice President of Customer Experience at Old Glory Bank, the catalyst behind Old Glory Bank’s novel Ambassador Program. “Many women I know were highly successful and super-achievers before they put their careers […]

Payoneer Singapore Secures Major Payment Institution License to Empower SMEs

Major Payment Institution license complements Payoneer’s suite of global licenses, enabling enhanced in-market product and service offerings NEW YORK–(BUSINESS WIRE)–Payoneer Singapore Private Limited (Payoneer Singapore, a subsidiary of Payoneer Global Inc. (NASDAQ: PAYO)), the financial technology company empowering the world’s small and medium-sized enterprises (SMEs) to transact, do business, and grow globally, has been granted […]

Citizens Bank of Edmond and Nymbus Join Forces to Introduce Roger

Digital bank custom-built for military service members EDMOND, Okla.–(BUSINESS WIRE)–Today, veteran-led Citizens Bank of Edmond publicly launched Roger, the only digital-first bank tailored to service members, under the leadership of President and CEO Jill Castilla. Established in 1901 with $375 million in assets, Citizens Bank of Edmond is renowned for its community-focused banking and lending […]

Bectran Honored to be Recognized by Illinois State Senate

Bectran, Inc. was presented with the Senate Certificate of Recognition by the State of Illinois for charitable contributions and community engagement efforts. CHICAGO–(BUSINESS WIRE)–Bectran, Inc., the pioneering financial technology innovator renowned for its process-driven automation solutions, is thrilled to have been recognized by the State of Illinois in the form of a Senate Certificate of […]

TNS and TRAFiX Launch Trading Infrastructure Partnership

Deal delivers access to the Canadian financial markets and full stack managed services offering RESTON, Va.–(BUSINESS WIRE)–Transaction Network Services (TNS) today announced a partnership with next-generation trading and connectivity solutions provider TRAFiX to expand its order execution and routing management systems on TNS’ Dedicated Server across all major Canadian financial exchange markets. Based out of […]

Apex Advisor Solutions to Offer Robust Trading and Rebalancing Capabilities Through Integrations With AdvisorArch

Enhanced UI and vertically integrated platforms will provide advisors and fintechs with open architecture, flexibility and a broad set of trading and rebalancing capabilities to personalize portfolios DALLAS–(BUSINESS WIRE)–Apex Advisor Solutions is a product of Apex Fintech Solutions (“Apex”), the fintech for fintechs powering innovation and the future of digital wealth management, today announced a […]

TASI ® Bank Announces Broad Program to Serve California Cannabis Market

San Francisco-based Business Bank Has Been Serving Industry Segments for Over 5 Years SAN FRANCISCO–(BUSINESS WIRE)–TASI ® Bank, which has provided more than $20 million in financial support to segments of the California cannabis industry, today announced a broad array of products for businesses as it expands its presence in the sector. The San Francisco-based […]

Matera Brings AI to Instant Payments, Acquires Brazilian AI Leader Cinnecta

Company will develop innovative new products and services tailored to financial institutions, credit card companies and consumers ATLANTA–(BUSINESS WIRE)–#AIFintech—Matera, maker of world-class instant payments, QR code and digital ledger technology, today announced its strategic acquisition of Cinnecta, a leading-edge AI company renowned for its solutions in customer retention, loyalty and enhancing digital experiences. The acquisition […]

QUBIE Wins “Home Insurance Innovation Of The Year” In 2023 PropTech Breakthrough Awards Program

Annual awards program recognizes innovation in the global real estate technology industry IRVINE, Calif.–(BUSINESS WIRE)–SES Risk Solutions today announced that QUBIE has been selected as “Home Insurance Innovation Of The Year” in the annual PropTech Breakthrough Awards program. The awards are conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes […]

Hometap Lands in Top 2 Percent of Inc. 5000, Ranked No. 66 Among Fastest-Growing Private Companies in 2023

Result Celebrates Novel Financing’s Rapid Ascent & Mission-Driven Homeowner Advocacy BOSTON–(BUSINESS WIRE)–Hometap, the Boston-based financial technology company that has provided more than 8,000 American homeowners with an innovative, debt-free way to access their home equity, today is pleased to announce its inclusion, at 66th position, in the prestigious Inc. 5000 listing, a nationally-recognized program showcasing […]

Consumers Want an All-in-One Platform to Manage Their Finances While Businesses Invest in Future Forward Tech, According to FIS Study

Key facts and findings FIS Financial Services Expectations vs Reality research asked US and UK consumers about their personal financial decisions and business executives’ investment and innovation plans. 47% of consumers said access to a single platform to manage all their financial services activity from all their providers was their top priority. 91% of financial […]

Marqeta Unveils First Generative AI Investments, Announcing External-Facing Bot and Internal Code Generation Tool that Optimizes Task Efficiency Up to 75 Percent

Marqeta’s first external-facing generative AI tool, Marqeta Docs AI, simplifies the process of launching embedded finance solutions on its platform, reducing the overall time to value (TTV) for its customers. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, unveiled Marqeta Docs AI, an AI-powered external-facing question and answer tool, in addition to […]

J.P. Morgan Wealth Plan Wins Smart Money Award from Real Simple, #1 Women’s Monthly Magazine in the U.S.

Wealth Plan collects fourth award in five months for helping make financial goals happen NEW YORK–(BUSINESS WIRE)–J.P. Morgan Wealth Management’s Wealth Plan won a Real Simple 2023 Smart Money Award in the Financial Literacy category, securing its fourth industry award this year. Real Simple is the #1 women’s monthly magazine on newsstands in the U.S. […]

Best’s Review Interviews the Creators and Co-hosts of the FNO: InsureTech Podcast

OLDWICK, N.J.–(BUSINESS WIRE)–The August issue of Best’s Review includes an exclusive interview with Alacrity Solutions’ Rob Beller, senior vice president and client partner, and Lee Boyd, vice president, third-party administration, about their production, FNO: InsureTech Podcast. The show features industry experts who have contributed to the current insurtech ecosystem. The podcast was originally an experiment […]

BitNile.com to Expand its Social Gaming with Launch of Blackjack on September 1, 2023

LAS VEGAS–(BUSINESS WIRE)–$AP #29th_Annual—BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), announced today that its metaverse platform, BitNile.com (the “Platform”), will be expanding its social gaming experience with the launch of Blackjack expected on September 1, 2023. BitNile.com believes that the popular casino game will increase revenue from the sale of in-world coins […]

Posh Reaches New Milestone: Over 100 Live AI Deployments

Posh continues to prove the success of its suite of specialized AI products and services for financial institutions, helping to transform the customer and employee experience internally and externally BOSTON–(BUSINESS WIRE)–Posh, the market-leading AI platform of purpose-built solutions for financial institutions, has announced a new milestone: they have successfully reached over 100 deployed solutions with […]

Mogo Extends Innovative Marketing Agreement with Postmedia to End of 2024

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced that it has amended its marketing collaboration agreement with Postmedia Network Inc. (“Postmedia”) and extended the agreement until December 31, 2024. Postmedia is a Canadian news media company representing more than 130 brands across multiple […]

AMTD World Media and Entertainment Group (“AMTD WME”) is officially established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD)

PARIS–(BUSINESS WIRE)–AMTD Group Inc. (“AMTD Group”), alongside with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), together as “AMTD”, announced their decision to set up a joint entity in Paris, France, to embark and focus on global strategies and developments of a multi-media, entertainment and cultures […]

FIS Named Top 200 Fintech Company for Digital Banking Solutions in Inaugural CNBC Ranking

Key facts: CNBC selected FIS from 1,500 companies that are building innovative, tech-enabled and finance-related products and services. Ranking names FIS a top fintech company in the Digital Banking Solutions category. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Global financial technology leader FIS® (NYSE: FIS) has been recognized in CNBC’s inaugural list of the top 200 global fintech companies. CNBC […]

Ant Group Expands Cross-Border Digital Payment Services in Asian Games Support Initiative

-Users of overseas e-wallets and international bank cards can now scan and pay across Alipay’s tens of millions of strong merchant network on the eve of Asia’s largest sports event HANGZHOU, China–(BUSINESS WIRE)–In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as […]

Embassy REIT Welcomes JPMorgan Chase to Its 1.1 msf Built-to-Suit Corporate Centre at Embassy TechVillage in Bengaluru

BENGALURU, India–(BUSINESS WIRE)–#CorporateCentre–Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (‘Embassy REIT’), India’s first listed REIT and the largest office REIT in Asia by area, today announced that JPMorgan Chase has inaugurated its 1.1 msf built-to-suit office at Embassy TechVillage in Bengaluru. This state-of-the-art facility, which has been designed to JPMorgan Chase’s world-class specifications, […]

Industry Heavyweights Appointed to Atlas Point®’s Advisory Board, Enhancing Strategic Vision and Pioneering Cutting-Edge Innovation

The AI-powered platform provider will receive significant support and counsel from industry luminaries with a broad range of knowledge and tenure. CHARLOTTE, N.C.–(BUSINESS WIRE)–#AtlasPoint—Atlas Point®, a fintech company providing financial services firms and their professionals with a proprietary, innovative, AI-powered platform announces the formation of its Advisory Board, comprised of five industry titans with deep […]

Flueid Announces Series B1 Bringing Total Round to $32.5 Million to Fuel Product Expansion & Enable the Verification of Title Across the Real Estate Life Cycle

Funding will support the continued growth of the company’s patented platform and associated Verification of Title (VOT) solutions Returning investor Aquiline Technology Growth led the round, backing Flueid’s vision of VOT as the next phase of the title industry’s digital transformation AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading technology company using data and intelligence to fuel the […]

GeoWealth Partners with Halo, Enabling RIAs to Better Integrate Structured Notes into Model Portfolios

GeoWealth offers a new-to-market capability with structured notes as a sleeve in a Unified Managed Account CHICAGO–(BUSINESS WIRE)–#ClientExperience—GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), today announced a new partnership with Halo Investing, an award-winning platform for protective investments. As a result, GeoWealth delivers a new-to-market capability, offering customizable structured note portfolios as […]

Qraft Technologies and LG AI Research Enter Strategic Partnership – Exploring the Potential of Artificial Intelligence-Driven Solutions in the Financial Industry

SEOUL, South Korea–(BUSINESS WIRE)–Qraft Technologies, a leading invest-tech company developing artificial intelligence solutions, has formally entered into a strategic technology research partnership with LG AI Research, an artificial intelligence research hub of LG group, with the signing of a Memorandum of Understanding (“MoU”). Through this partnership, Qraft and LG AI Research intend to collaborate on […]

Investing ‘Summer Vibes’ Drives Interest in Cruise and AI Stocks, According to New Apex Q2 2023 Investor Study

– All generations moved CCL, RCL and NCLH into their top holdings – Apex Next Investor Outlook report reveals generational investing trends DALLAS–(BUSINESS WIRE)–With summer travel booming, all four generations – Gen Z, Millennials, Gen X and Boomers – invested heavily in popular cruise lines in Q2, according to the Q2 2023 Apex Next Investor […]

MoneyLion Teams Up With Bubba Wallace and 23XI Racing to Drive Back-To-School Change

MoneyLion donates to Boys & Girls Club of America while financially empowering teachers, parents and students during a month-long back-to-school campaign 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 has teamed up with Bubba Wallace and his non-profit, […]

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