Business Wire

AYA Platform of Enjinstarter Granted Virtual Asset Service Provider Licence by Dubai’s Virtual Assets Regulatory Authority thumbnail

AYA Platform of Enjinstarter Granted Virtual Asset Service Provider Licence by Dubai’s Virtual Assets Regulatory Authority

Licence is subject to fulfilment of pre-operating conditions and qualifying for operational approval. The Licence will enable Enjinstarter to begin operating AYA, its climate-focused launchpad. DUBAI, United Arab Emirates–(BUSINESS WIRE)–Web 3 Innovations FZE (trading as AYA), the Dubai entity of Enjinstarter, a leading Web3 launchpad and advisory company, today announced that it has been granted […]

ICE Announces Approval of Electronic Trade Document Solution for the Delivery of Commodities Globally thumbnail

ICE Announces Approval of Electronic Trade Document Solution for the Delivery of Commodities Globally

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that its ICE CargoDocs Local Law electronic bill of lading solution has received approval by global shipping insurance body, the International Group of Protection & Indemnity Clubs (IG P&I), helping accelerate ICE’s work to replace paper-based trade delivery […]

HighRadius appoints Greg McStravick as the new Chief Revenue Officer thumbnail

HighRadius appoints Greg McStravick as the new Chief Revenue Officer

Greg McStravick, fintech veteran and former CRO at FIS and SAP GM, joins HighRadius to lead global sales and partners. HOUSTON–(BUSINESS WIRE)–HighRadius, the leading provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, today announced that Greg McStravick has joined as the Chief Revenue Officer. McStravick has led Go-To-Market teams in technology software for […]

Trustmi Launches Innovative Bank Account Validation Solution thumbnail

Trustmi Launches Innovative Bank Account Validation Solution

New verification solution provides reliable and comprehensive protection for vendor payments. NEW YORK–(BUSINESS WIRE)–The cyber-security fintech company Trustmi today announced the release of Trustmi Certify, a critical innovation in its new solution for bank account validation. Businesses can now benefit from Trustmi’s holistic approach to bank account validation that accurately verifies the account and provides […]

Beacon and ActiveViam Announce Partnership to Deliver Unmatched Data Analytics Insights thumbnail

Beacon and ActiveViam Announce Partnership to Deliver Unmatched Data Analytics Insights

NEW YORK–(BUSINESS WIRE)–Beacon Platform, the all-in-one developer platform for capital markets, today announced a partnership with ActiveViam, a leading provider of advanced analytics and decision-making solutions for the global financial sector. Enabled through the Beacon App Store, this collaboration will provide market participants with the benefits of Beacon’s open and collaborative development platform and ActiveViam’s […]

Jackson Enhances Suite of Digital Tools with Launch of Tax Deferral Calculator thumbnail

Jackson Enhances Suite of Digital Tools with Launch of Tax Deferral Calculator

New tool helps financial professionals illustrate value of tax deferral and impact on client portfolios LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has launched a proprietary tax deferral calculator available to financial professionals and their clients on Jackson.com. The new tool […]

U.S. Households Pay $1,268 a Year in Hidden Costs Associated With Paying Bills, up 29% Year over Year thumbnail

U.S. Households Pay $1,268 a Year in Hidden Costs Associated With Paying Bills, up 29% Year over Year

Amid record-high mortgage and credit card rates, new doxo report exposes $167B in hidden bill pay costs, driven mostly by increased credit costs, along with overdraft fees, late fees, and fraud SEATTLE–(BUSINESS WIRE)–A new report released today by doxo found that hidden costs associated with paying bills amount to an additional $167 billion annually, averaging […]

AI-Driven Embedded Insurance Platform Mulberri Announces $6.75 Million Series A Led By Eos Venture Partners thumbnail

AI-Driven Embedded Insurance Platform Mulberri Announces $6.75 Million Series A Led By Eos Venture Partners

SUNNYVALE, Calif.–(BUSINESS WIRE)–Mulberri, an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio). Zach Powell, General Partner of Eos Venture Partners, will join […]

Options Announces Promotion of Laura McCann to Chief Financial Officer thumbnail

Options Announces Promotion of Laura McCann to Chief Financial Officer

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, the leading Capital Markets services provider, today announced the promotion of Laura McCann to the position of Chief Financial Officer (CFO). The appointment comes as Jon Lambert, who has served as CFO since January 2016, transitions to Senior Vice President (SVP) of Corporate Development, focussing on […]

Minerva Named to RegTech100 2024 List of Innovators in Regulatory Technology thumbnail

Minerva Named to RegTech100 2024 List of Innovators in Regulatory Technology

Provider of anti-money laundering compliance solutions selected from among 1,400 nominees as a company that every compliance and risk leader in financial services must know in 2024 TORONTO–(BUSINESS WIRE)–Minerva, a leader in Anti-Money Laundering (AML) compliance technology, today announced it has been named to the RegTech100 2024 list of solution providers that are shaping the […]

As Bargain Hunters Make Online Marketplaces as Popular as Brick and Mortar Stores, Worldpay from FIS Shares Tips to Keep Marketplace Merchants Safe from Fraud this Holiday Season thumbnail

As Bargain Hunters Make Online Marketplaces as Popular as Brick and Mortar Stores, Worldpay from FIS Shares Tips to Keep Marketplace Merchants Safe from Fraud this Holiday Season

Key facts New research from Worldpay from FIS found online marketplaces are now as popular as physical stores. The UK (73 percent) and the US (62 percent) have the highest rate of bargain hunters. Worldpay from FIS shares tips with marketplace sellers to keep them safe from fraud during the holidays. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Macro-economic headwinds […]

Luma Financial Technologies Joins Forces with Financial Independence Group to Maximize Efficiency in the Annuity Marketplace thumbnail

Luma Financial Technologies Joins Forces with Financial Independence Group to Maximize Efficiency in the Annuity Marketplace

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), the award-winning independent multi-issuer structured products and annuities platform, and Financial Independence Group, LLC (“FIG”), a leading financial services conglomerate specializing in annuities, long-term care, and life insurance products, announced today a collaboration to provide tools and make researching and purchasing annuities more streamlined. “We are thrilled to partner with […]

Brim Financial Forms Strategic Partnership with Mastercard to Modernize Credit Card Infrastructure in the U.S.

Brim Financial Forms Strategic Partnership with Mastercard to Modernize Credit Card Infrastructure in the U.S.

TORONTO & PURCHASE, N.Y.–(BUSINESS WIRE)–Brim Financial, one of the fastest growing Credit-Card-as-a-Service companies, today announced a strategic partnership with Mastercard, designed to power innovation in credit card platforms in the U.S. Brim will also embed Mastercard’s open banking capabilities across its end-to-end platform. The introduction of a more robust, modern credit card platform enables U.S. […]

Nomi Health Announces National Partnership with ClearPoint Health Answering Growing Employer Demand for More Affordable Health Insurance thumbnail

Nomi Health Announces National Partnership with ClearPoint Health Answering Growing Employer Demand for More Affordable Health Insurance

SALT LAKE CITY–(BUSINESS WIRE)–#affordableinsurance–Nomi Health (“Nomi”), a direct healthcare company, and ClearPoint Health (“ClearPoint”), a national employer benefits platform, today announced a partnership to empower small and mid-sized employers across the United States to take control of their health insurance costs. “We all deserve accessible and affordable healthcare in our communities. Unfortunately, our healthcare system […]

The Rudin Group Celebrates 15 Years of Global Success with New Look, Enhanced Services, and Continued Chutzpah thumbnail

The Rudin Group Celebrates 15 Years of Global Success with New Look, Enhanced Services, and Continued Chutzpah

NEW YORK–(BUSINESS WIRE)–#aprilrudin—The Rudin Group, the trailblazing, boutique marketing firm specializing in providing world-class communications programs for ultra/high-net-worth, fin/wealthtech, wealth management, and asset management clients, celebrates 15 years in business by announcing its rebranding and website relaunch, marking an exciting new era for the company. With its award-winning leadership and longstanding commitment to excellence in […]

Saifr® Named to RegTech 100 List of Most Innovative RegTech Companies thumbnail

Saifr® Named to RegTech 100 List of Most Innovative RegTech Companies

Saifr uses advanced artificial intelligence to help simplify regulatory compliance BOSTON–(BUSINESS WIRE)–Saifr®, a compliance solutions provider that uses artificial intelligence (AI) to help detect and correct regulatory compliance and brand risks in financial services marketing content, has been named to the 2024 RegTech 100 list of the world’s most innovative RegTech companies. Presented by FinTech […]

New Cathay World Elite® Mastercard® – powered by Neo now available thumbnail

New Cathay World Elite® Mastercard® – powered by Neo now available

First World Elite® Mastercard® in Canada with a secured credit option, tailored to new Canadian customers CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial—Neo Financial™ (Neo), Cathay, and Mastercard have launched the new Cathay World Elite® Mastercard® — powered by Neo. The only Canadian card that directly earns Asia Miles, the Cathay World Elite Mastercard will offer […]

Pidgin Partners with Modern Banking Systems to Enable Real-Time Payments for Community Banks thumbnail

Pidgin Partners with Modern Banking Systems to Enable Real-Time Payments for Community Banks

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Modern Banking Systems, a leading provider of core bank processing solutions, to enable more community financial institutions to offer real-time payments to their account holders. Modern Banking Systems (MBS) provides flexible, real-time core processing solutions designed specifically for community […]

Citi Expands Its Payments Innovation Toolkit with Investment in Icon Solutions thumbnail

Citi Expands Its Payments Innovation Toolkit with Investment in Icon Solutions

NEW YORK–(BUSINESS WIRE)–Citi Treasury and Trade Solutions (TTS), within Citi’s Services organization, has made an investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services. In addition to the investment, Citi plans to expand its use of the Icon Payments Framework (IPF) to enhance its micro-services orchestration architecture. This investment and […]

TELUS International a Leader in IDC MarketScape: Worldwide Data Labeling Software 2023 Vendor Assessment thumbnail

TELUS International a Leader in IDC MarketScape: Worldwide Data Labeling Software 2023 Vendor Assessment

More than four billion data annotations completed across all content types VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands, today announced it was named a “Leader” in the […]

Polymesh and TokenTraxx Collaborate to Bring the Next Chapter in Web3 Music thumbnail

Polymesh and TokenTraxx Collaborate to Bring the Next Chapter in Web3 Music

First to Deliver Immutable Royalties to Solve the Biggest Problem in the Music Industry: Paying Artists Fairly and Allowing Fans to Access Music Rights ZUG, Switzerland & LONDON–(BUSINESS WIRE)–#FTC23—Polymesh, the leader in public permissioned blockchain, announced today at FinTech Connect 2023 its upcoming integration with TokenTraxx, a new independent music and art creator platform driven […]

Leading Indian Banks Leverage FICO's Cloud Platform for Enhanced Decisioning and AI, Bolstering Growth Opportunities thumbnail

Leading Indian Banks Leverage FICO’s Cloud Platform for Enhanced Decisioning and AI, Bolstering Growth Opportunities

HDFC Bank, Axis Bank and AU Small Finance Bank early adopters with FICO® Platform MUMBAI, India–(BUSINESS WIRE)–FICO (NYSE: FICO): Highlights: HDFC Bank, Axis Bank and AU Small Finance Bank are early adopters with FICO® Platform FICO® Platform is now available in India – delivering the latest advanced analytics and artificial intelligence capabilities to empower local […]

nbkc bank’s Partnership with Spiral Gains Traction, Simplifies Year-End Giving thumbnail

nbkc bank’s Partnership with Spiral Gains Traction, Simplifies Year-End Giving

KANSAS CITY, Mo.–(BUSINESS WIRE)–Customers of nbkc bank have embraced its partnership with Spiral, the award-winning Impact-as-a-Service™ for financial institutions, with utilization expected to increase further throughout the month of December — historically the busiest giving month of the year. Launched at the end of the third quarter, the Spiral platform allows nbkc customers to donate […]

RedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool thumbnail

RedNevada.AI Launches RAI, The Market Leading AI Recruitment Tool

LONDON & BERLIN & NEW YORK & SINGAPORE–(BUSINESS WIRE)–RedNevada.AI, the leading provider of AI enabled software, has announced today the launch of RAI, the most comprehensive and advanced recruitment and resourcing co-pilot solution in the market. In late 2022, RedNevada.AI performed extensive market research into how AI technology could benefit the recruitment life cycle from […]

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions thumbnail

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions. The Q2 and Array […]

CAIS-Mercer Survey Finds Advisor Demand Accelerating for Alternative Investments

CAIS-Mercer Survey Finds Advisor Demand Accelerating for Alternative Investments

Over 85% of advisors plan to increase alternative investment allocations in client portfolios in 2024 NEW YORK–(BUSINESS WIRE)–More than half (62%) of financial advisors currently allocate between 6% and 25% of clients’ portfolios to alternative asset classes, with (85%) of them expecting to increase allocations to one or more alternative asset classes further within the […]

CFCU Community Credit Union Selects Constellation’s Digital Banking to Power New Member Experience and Boost Digital Offerings thumbnail

CFCU Community Credit Union Selects Constellation’s Digital Banking to Power New Member Experience and Boost Digital Offerings

RALEIGH, N.C.–(BUSINESS WIRE)–#cloudnative–Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced today that $1.4 billion asset-sized CFCU Community Credit Union (CFCU) has selected the Constellation Digital Banking platform, to power its new digital banking experience, offering more control over the products and services available to its members. The credit union initiated its journey […]

NOW Insurance Launches Physicians and Medical Groups Coverage on AI Portal thumbnail

NOW Insurance Launches Physicians and Medical Groups Coverage on AI Portal

SAN FRANCISCO–(BUSINESS WIRE)–NOW Insurance, a full-stack, AI-enabled commercial insurance platform specializing in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online platform. Select brokers can now shop for and bind coverage for physician and medical group clients. The platform utilizes a state-of-the-art underwriting process that allows brokers to receive […]

CellTrust introduces SL2 Moderator AI for financial advisors and compliance officers to stop data leakage and block risky mobile messages before they are sent to clients thumbnail

CellTrust introduces SL2 Moderator AI for financial advisors and compliance officers to stop data leakage and block risky mobile messages before they are sent to clients

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#CFTC—CellTrust Corporation, a leading provider of secure and compliant mobile communication for enterprise and government, announced today the release of SL2 Moderator AI content moderation and compliance for SMS, chat and WhatsApp messaging. “It is no longer enough to just capture and provide data to compliance departments after it has been shared with […]

As Default Rates Rise, 70 Percent of Financial Services Executives Lack Confidence in Their Ability to Modify Risk Decisioning at Speed thumbnail

As Default Rates Rise, 70 Percent of Financial Services Executives Lack Confidence in Their Ability to Modify Risk Decisioning at Speed

43 percent say identifying fraud is a top challenge, yet only 7 percent report their anti-fraud measures are completely effective PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI–As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and […]

UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28 thumbnail

UAE’s Sustainable Trade Forum engages the private-sector to deliver trade-led solutions at COP28

– The Sustainable Trade Forum is hosted by UAE Ministry of Economy in partnership with Capital.com and Vinfast – The event coincides with first-ever Trade Day at COP28 – Convenes global business and investment leaders from mobility, utilities and food sectors. ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–The Ministry of Economy, in partnership with global fintech […]

Cross River Extends $150MM Credit Facility to Best Egg to Provide Consumers with More Financial Control Through Best Egg Flexible Rent Program

Cross River Extends $150MM Credit Facility to Best Egg to Provide Consumers with More Financial Control Through Best Egg Flexible Rent Program

Long-standing partners close on revolving warehouse program to finance and originate loans for Best Egg Flexible Rent program FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Best Egg, Inc., a leading fintech that provides flexible solutions to help people with limited savings confidently navigate their […]

Neo offers a more rewarding choice with a stable 4% high-interest savings rate on every dollar saved thumbnail

Neo offers a more rewarding choice with a stable 4% high-interest savings rate on every dollar saved

The Neo High-Interest Savings account offers a stable 4% interest rate on every dollar saved — more than 2x the highest base interest rate offered by the Big 5 banks1. CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial–Neo Financial™ (Neo), a leading Canadian financial technology company, is helping Canadians reach their savings goals faster with a new […]

Navy Federal Credit Union Joins RTP® Network, Providing Members Convenient Transactions 24/7 thumbnail

Navy Federal Credit Union Joins RTP® Network, Providing Members Convenient Transactions 24/7

VIENNA, Va.–(BUSINESS WIRE)–Navy Federal Credit Union received over $2.7 million dollars of real-time deposits during its first full day on the RTP® network, the instant payments system operated by The Clearing House, setting a new record among RTP financial institution participants. The RTP network provides Navy Federal members with the ability to receive instant payments […]

DigiFT Obtains Recognition as Recognised Market Operator and Capital Markets Services Licence From the Monetary Authority of Singapore thumbnail

DigiFT Obtains Recognition as Recognised Market Operator and Capital Markets Services Licence From the Monetary Authority of Singapore

DigiFT, a digital assets exchange, was admitted into the Monetary Authority of Singapore FinTech Regulatory Sandbox in June 2022 for dealing in capital markets products by facilitating the issuance of security tokens, and for operating an organised market for secondary trading As a Capital Markets Services licence holder and a Recognised Market Operator, DigiFT is […]

Austin FC and Q2 Announce the 2023 “Q-mmunity Gives” Grant Recipients; $150,000 Awarded to Local Nonprofits thumbnail

Austin FC and Q2 Announce the 2023 “Q-mmunity Gives” Grant Recipients; $150,000 Awarded to Local Nonprofits

CareBOX Program, HAAM and Seedling Foundation named recipients of the third annual Q-mmunity Gives grant program AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings Inc. today announced the three recipients of the 2023 Q-mmunity Gives grant program. Local nonprofit organizations CareBOX Program, Health Alliance for Austin Musicians (HAAM) and Seedling Foundation will each receive a $50,000 […]

Usio Announces Strategic Partnership with Leading Benefits Administrator, Genius Avenue

Usio Announces Strategic Partnership with Leading Benefits Administrator, Genius Avenue

SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (NASDAQ:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced it had entered into a Strategic Partnership with Genius Avenue, a leading benefits administration company. Genius Avenue has selected Usio to power their new, comprehensive FinTech solution focused on regulated […]

January Closes a $12 Million Series B to Help Americans Get Out of Debt thumbnail

January Closes a $12 Million Series B to Help Americans Get Out of Debt

This investment led by IA Ventures will drive new product development, market expansion, and further January’s mission to facilitate the empathetic resolution of all written off and past-due debt. NEW YORK–(BUSINESS WIRE)–January Technologies, Inc. (“January”) announced that it has raised $12 million in Series B financing, preempted and led by existing investor IA Ventures. Existing […]

Pear VC Opening 30,000-Square-Foot Pear Studio Space in San Francisco for Tech Founders thumbnail

Pear VC Opening 30,000-Square-Foot Pear Studio Space in San Francisco for Tech Founders

SAN FRANCISCO–(BUSINESS WIRE)–Today, Pear VC (“Pear”) has announced that it is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This move by Pear marks a bright spot in an otherwise shaky San Francisco commercial real estate market, with the effective […]

NICE Actimize Cloud-Based SURVEIL-X Secures 2023 RegTech Insight USA Award for “Best e-Comms Surveillance Solution” thumbnail

NICE Actimize Cloud-Based SURVEIL-X Secures 2023 RegTech Insight USA Award for “Best e-Comms Surveillance Solution”

The award acknowledged NICE Actimize’s SURVEIL-X Communication Surveillance solution and its leadership in addressing today’s unique regulatory challenges HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, (Nasdaq: NICE) was named a category winner in A-Team Group’s 2023 RegTech Insight USA awards for “Best e-Comms Surveillance Solution.” Initially shortlisted by a panel of judges, NICE Actimize and its cloud-based SURVEIL-X […]

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