Business Wire

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering thumbnail

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering

ATLANTA–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) announced today that Securian Canada has selected FINEOS for its disability management claims administration software solution. Securian Canada is a leading insurance provider of innovative, life-ready insurance and protection solutions in Canada. The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term […]

New company Gestalt Tech gives lenders a competitive advantage with its game-changing data warehouse solution thumbnail

New company Gestalt Tech gives lenders a competitive advantage with its game-changing data warehouse solution

DALLAS & FORT WORTH, Texas–(BUSINESS WIRE)–Gestalt is pleased to bring decades of experience in lending and fintech together to create an out-of-the box data warehouse that makes pulling and analyzing data dramatically easier, faster, and more affordable for any sized lender, especially startups and community lenders. Gestalt is led by CEO Stephanie Hanson, founder of […]

Kin brings home and property insurance to Arizona thumbnail

Kin brings home and property insurance to Arizona

Insurtech enters U.S. Southwest where housing boom contends with climate risk CHICAGO–(BUSINESS WIRE)–#HomeInsurance–Kin, the direct-to-consumer home insurance company built for every new normal, today announced its expansion into Arizona. The Grand Canyon State marks Kin’s first move into the U.S. Southwest, and it builds upon Kin’s growth and success in coastal, catastrophe-prone states like Florida, […]

Atomic and eCU Technology Partner to Bring Automated Direct Deposit Switching to Credit Unions thumbnail

Atomic and eCU Technology Partner to Bring Automated Direct Deposit Switching to Credit Unions

HOUSTON–(BUSINESS WIRE)–eCU Technology, a leading provider of innovative solutions for credit unions, is pleased to announce its partnership with Atomic, a market-leading provider of payroll connectivity. This collaboration creates a seamless and user-friendly account onboarding experience, empowering credit union members to effortlessly switch their payroll deposit accounts with convenience and ease. By joining forces, eCU […]

ICE and KX Bring High Performance Real-time Analytics to More Than 25 Million Financial Instruments thumbnail

ICE and KX Bring High Performance Real-time Analytics to More Than 25 Million Financial Instruments

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and KX, maker of kdb+, an industry-trusted Data Timehouse™ and the KDB.AI vector database, today announced an agreement to leverage KX’s platform to provide real-time analytics on data from ICE’s Consolidated Feed and Consolidated History. The rapidly […]

FIS Wins Three XCelent Awards for Advanced Technology in Core Banking

FIS Wins Three XCelent Awards for Advanced Technology in Core Banking

Key facts Leading research and advisory firm Celent has recognized FIS for the Modern Banking Platform, IBS and Systematics core banking systems, with awards in the “Advanced Technology,” “Customer Base” and “Breadth of Functionality” categories. The awards recognize the cloud-native, componentized architecture of FIS Modern Banking Platform and IBS, a digital-ready hosted universal core system. […]

Regnology Wins Risk Technology 2023 Award for “Banking Regulatory Reporting System of the Year” thumbnail

Regnology Wins Risk Technology 2023 Award for “Banking Regulatory Reporting System of the Year”

FRANKFURT–(BUSINESS WIRE)–#finreg—Regnology, a leading software provider with an exclusive focus on regulatory reporting solutions, is proud to announce its win for “Banking Regulatory Reporting System of the Year” at the Risk Technology Awards 2023. This recognition underscores Regnology’s expertise in developing cutting-edge solutions for both regulated entities and regulators, helping to ensure the stability and […]

 On the Edge of What’s Next: Cleantech Leaders Announce Partnership in Momentum X Venture Studio thumbnail

 On the Edge of What’s Next: Cleantech Leaders Announce Partnership in Momentum X Venture Studio

BOSTON–(BUSINESS WIRE)–Two powerhouses of cleantech finance announced today the launch of an innovative venture studio that will develop and launch new companies that accelerate the global shift to clean energy and transportation. Skyview Ventures–based in Greenwich, Connecticut–and Build Momentum–headquartered in Sacramento, California–have joined forces to fund and launch Momentum X, a venture studio that expands […]

Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes thumbnail

Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes

Innovative Workers’ Comp MGU Leverages the CLARA Artificial Intelligence Platform SAN FRANCISCO & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI–After a competitive selection process, Foresight Commercial Insurance (“Foresight”), an innovative managing general underwriter (MGU) of workers’ compensation insurance, has named CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, as their partner […]

Slice Adds First Connect for Small Business Insurance Distribution thumbnail

Slice Adds First Connect for Small Business Insurance Distribution

NEW YORK–(BUSINESS WIRE)–Slice Labs Inc. (Slice), a technology company with the first on-demand insurance platform and products to protect small businesses, has partnered with First Connect Insurance Services. First Connect is an insurtech platform for independent agents and an operating subsidiary of Hippo Holdings Inc., and they have made Slice’s Contractors General Liability (CGL) small […]

City of Charleston Concludes Successful Intellicheck ID Verification Pilot, Launches Permanent Program thumbnail

City of Charleston Concludes Successful Intellicheck ID Verification Pilot, Launches Permanent Program

CHARLESTON, S.C. & MELVILLE, N.Y.–(BUSINESS WIRE)–$IDN #alcohol–Following the successful completion of its 6-month pilot program, the city of Charleston today announced a permanent ID verification program in partnership with Intellicheck, Inc., an identity validation company that provides cutting-edge ID verification technology used by law enforcement agencies across the country. About the pilot: During the pilot […]

Linda Zecher Appointed CEO of IronNet thumbnail

Linda Zecher Appointed CEO of IronNet

Cameron Pforr, CFO of IronNet, appointed President MCLEAN, Va.–(BUSINESS WIRE)–#CollectiveDefense–IronNet’s Board of Directors has appointed Linda Zecher as Chief Executive Officer (CEO) effective immediately. Cameron Pforr, the company’s current Chief Financial Officer (CFO), has been appointed President of IronNet. GEN (Ret.) Keith Alexander will continue to serve as Chairman of the Board, transitioning to a […]

Old Glory Pay Is Now Available thumbnail

Old Glory Pay Is Now Available

Private, Secure, and Cancel-Proof NASHVILLE, Tenn.–(BUSINESS WIRE)–Old Glory Bank has launched its proprietary, closed-loop payment system, Old Glory Pay. Headquartered in Elmore City, Oklahoma, and providing mobile banking solutions from sea to shining sea, Old Glory Bank is an FDIC-insured, chartered bank that openly supports America, its flag, faith, freedom, patriotism, the military, and first […]

Stronghold Launches StrongholdNET, Payments Ecosystem of the Future thumbnail

Stronghold Launches StrongholdNET, Payments Ecosystem of the Future

Products include merchant rewards, DeFi-backed financing, cutting-edge fintech, and more SAN FRANCISCO–(BUSINESS WIRE)–$SHX–Payments fintech Stronghold has launched StrongholdNET, a future-facing ecosystem of products and services championing accessible payments. StrongholdNET seamlessly integrates merchants, technology partners, and other essential contributors. By combining cutting-edge technology with community benefits, StrongholdNET creates a new paradigm for payment providers and businesses […]

Sustainable Investments in Colombia: Energy Transition, Food Security, and Social Development Drive High Returns thumbnail

Sustainable Investments in Colombia: Energy Transition, Food Security, and Social Development Drive High Returns

BOGOTÁ, Colombia–(BUSINESS WIRE)–Colombia consolidates its strategy of non-extractive foreign direct investment to convince the world that investing in this country always means more. As one of the most committed countries to achieving the United Nations Sustainable Development Goals, the Government, led by President Gustavo Petro, invites investors to place their trust and capital in the […]

CEO Ryan Hamlin Discusses Leading Cannabis Fintech POSaBIT in New Podcast with Planet MicroCap thumbnail

CEO Ryan Hamlin Discusses Leading Cannabis Fintech POSaBIT in New Podcast with Planet MicroCap

SEATTLE–(BUSINESS WIRE)–In a podcast interview to be released today, POSaBIT CEO and Co-Founder Ryan Hamlin talks to Robert Kraft of Planet MicroCap about how POSaBIT achieved and maintains its competitive position in the modern cannabis market. Key to POSaBIT’s success are the two Cs: compliance and cash. The podcast can be found on your favorite […]

Harford Mutual Insurance Group Transforms Multi-Line Claims Admin With Origami Risk’s P&C Insurance Tech thumbnail

Harford Mutual Insurance Group Transforms Multi-Line Claims Admin With Origami Risk’s P&C Insurance Tech

State-of-the-art platform dramatically expands insurer’s claims capabilities, supporting accelerated growth and focus on quality service BEL AIR, Md.–(BUSINESS WIRE)–#CoreSolutions–Harford Mutual Insurance Group has fully implemented Origami Risk’s multi-tenant, software-as-a-service (SaaS) P&C solution for claims adjudication, reporting, and the delivery of enhanced client services across all its commercial property and casualty insurance lines. “As Harford Mutual […]

Stax Payments Adds PayPal Payment Offerings to Expand Customer Choice thumbnail

Stax Payments Adds PayPal Payment Offerings to Expand Customer Choice

This collaboration allows Stax merchants to accept PayPal, Venmo and PayPal Pay Later payment options through the Stax payment platform ORLANDO, Fla.–(BUSINESS WIRE)–Stax Payments, the all-in-one payments provider, is working with PayPal to offer a comprehensive solution for accepting payments online for its customers. Eligible Stax Payments customers can now accept payments with PayPal, Venmo […]

Discover recognized as a 2023 Best Places to Work for People with Disabilities thumbnail

Discover recognized as a 2023 Best Places to Work for People with Disabilities

RIVERWOODS, Ill.–(BUSINESS WIRE)–#fortune500–For the third consecutive year, Discover has been recognized as a 2023 Best Place to Work for People with Disabilities and earned a 100 percent score on the Disability Equality Index (DEI). “At Discover, we celebrate the gifts and strengths each of us brings to work,” said Jonita Wilson, chief diversity officer at […]

Q2 Reports More Than 100 Percent Growth in Financial Institution and Fintech Partnerships Through Q2 Innovation Studio thumbnail

Q2 Reports More Than 100 Percent Growth in Financial Institution and Fintech Partnerships Through Q2 Innovation Studio

Consumer and business utilization of fintech solutions through financial institutions also increased by more than 100 percent AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced rapid year-over-year growth of Q2 Innovation Studio as a result of financial institutions’ increased need to attract, retain and […]

CharmHealth Launches 2023 Innovation Challenge to Revolutionize Healthcare thumbnail

CharmHealth Launches 2023 Innovation Challenge to Revolutionize Healthcare

Now Accepting Proposals for Disruptive Ideas That Address the Most Pressing Issues Across the Healthcare Landscape PLEASANTON, Calif.–(BUSINESS WIRE)–#AI—CharmHealth, a leading provider of healthcare technology solutions, today announced the launch of its 2023 Innovation Challenge, which provides a platform for digital health thought leaders to share groundbreaking ideas with the investors, incubators and partners who […]

The NAGA Group AG: NAGA Reports a Profitable First Half Year and a Reduction in Cost Base. EUR 19.5 Million Revenue and EUR 2.3 Million Preliminary EBITDA for HY1 2023.

The NAGA Group AG: NAGA Reports a Profitable First Half Year and a Reduction in Cost Base. EUR 19.5 Million Revenue and EUR 2.3 Million Preliminary EBITDA for HY1 2023.

  HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is publishing its preliminary HY1 2023 figures. NAGA is pleased to announce a successful first half year, with revenue of EUR 19.5 million and preliminary EBITDA of EUR […]

Jenius Bank™ Launches Inaugural Product, Personal Loans thumbnail

Jenius Bank™ Launches Inaugural Product, Personal Loans

Offering marks bank’s first consumer product in a roster of upcoming new services LOS ANGELES–(BUSINESS WIRE)–Jenius Bank™, the digital banking division of Manufacturers Bank, a California state chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, today announced the launch of personal loans, its inaugural product. […]

Fiserv Commitment to Inclusion Recognized with Top Score on Disability Equality Index thumbnail

Fiserv Commitment to Inclusion Recognized with Top Score on Disability Equality Index

Company named a Best Place to Work for People with Disabilities for fifth year BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, was today named a Disability Equality Index (DEI) Top Scorer and a 2023 Best Place to Work for People with Disabilities. This marks the […]

Extraco Banks Partners with Teslar Software to Modernize Commercial Lending thumbnail

Extraco Banks Partners with Teslar Software to Modernize Commercial Lending

Texas-based bank selects fintech to better support local businesses SPRINGDALE, Ark.–(BUSINESS WIRE)–Extraco Banks and Teslar Software today announced their partnership to streamline the bank’s commercial lending process and more effectively balance their portfolio. Extraco Banks is the largest and most comprehensive independent financial institution headquartered in central Texas with more than $2 billion in assets. […]

J.P. Morgan Accelerates Growth Strategy for Its Global Innovation Economy Business with Key Hires and Expanded Capabilities thumbnail

J.P. Morgan Accelerates Growth Strategy for Its Global Innovation Economy Business with Key Hires and Expanded Capabilities

John China and Melissa Smith to Co-Head Innovation Economy for Commercial Banking NEW YORK–(BUSINESS WIRE)–As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced today that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based […]

Marqeta Announces Expansion Into Brazil With New Fitbank Partnership thumbnail

Marqeta Announces Expansion Into Brazil With New Fitbank Partnership

Marqeta’s move into Brazil will allow its current global customers to expand more easily into a rapidly evolving fintech hotspot, while also opening up access to its modern card issuing platform for local Brazilian fintechs and payment innovators. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced its expansion into Brazil, […]

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin thumbnail

Ault Alliance Is Exploring Initiative to Distribute Special Dividend Payable in Bitcoin

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), announced today that it plans to explore a pathway that will allow it to issue a special dividend payable in Bitcoin to stockholders. The Company intends to collaborate with regulatory authorities, its transfer agent and others, which […]

Customers Bank Onboards Former Signature Venture Banking Team thumbnail

Customers Bank Onboards Former Signature Venture Banking Team

MALVERN, Pa.–(BUSINESS WIRE)–$CUBI #Tech–Customers Bank, the $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), announced today it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking […]

Financial Institutions See Significant Drop in Account-to-Account Transfer Fraud After Roll Out of Real-Time Risk Scoring from Fiserv thumbnail

Financial Institutions See Significant Drop in Account-to-Account Transfer Fraud After Roll Out of Real-Time Risk Scoring from Fiserv

New TransferNow® capabilities enable financial institutions to enhance end-to-end risk management while providing a better customer experience BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions are reducing fraud losses, improving internal processes and enhancing the customer experience with the implementation of two new capabilities from Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology […]

Passthrough And STP Investment Services Announce Strategic Partnership to Enhance Investor Experience and Operational Efficiencies

Passthrough And STP Investment Services Announce Strategic Partnership to Enhance Investor Experience and Operational Efficiencies

NEW YORK–(BUSINESS WIRE)–Today, Passthrough, a leader in fund workflow automation for investors, fund managers, and other fintechs, and STP Investment Services (STP), a leading technology-enabled services company, are excited to announce a strategic partnership to transform the investor onboarding experience and drive operational efficiencies for STP’s clients and their investors. STP serves as a trusted […]

Balance Introduces Surcharging Program to Alleviate B2B Credit Card Burdens for Merchants thumbnail

Balance Introduces Surcharging Program to Alleviate B2B Credit Card Burdens for Merchants

Balance’s surcharging capability empowers B2B suppliers with the agility to thrive in the fast-moving ecommerce industry by enabling them to offer credit card payments that were once cost-prohibitive. NEW YORK–(BUSINESS WIRE)–Balance, the preferred B2B payment platform for leading businesses, announced today the launch of its surcharge solution. This capability enables suppliers to implement a surcharge […]

Pidgin Publishes New eBook to Prepare Financial Institutions for Faster Payments thumbnail

Pidgin Publishes New eBook to Prepare Financial Institutions for Faster Payments

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, today published its newest eBook, “Faster Payments Playbook: 3 Steps Financial Institutions Should Take to Prepare for FedNow.” This free eBook explores the key steps bank and credit union leaders should take to prepare as faster payments become more widespread with the […]

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect® Commercial Banking thumbnail

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect® Commercial Banking

NEW YORK–(BUSINESS WIRE)–Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. CitiDirect® Commercial Banking brings together […]

Convera Announces Final Closing of Western Union Business Solutions, Completing Global Transition thumbnail

Convera Announces Final Closing of Western Union Business Solutions, Completing Global Transition

Former Western Union Business Solutions (WUBS) European business completes transition to Convera after $910 million acquisition in 2021 Acquisition positions Convera for continued growth globally after reporting record revenue through first half of the year. LONDON & SEATTLE–(BUSINESS WIRE)–Convera, a leading non-bank B2B fintech in global payments, today announced the completion of the acquisition of […]

ICE Sees Strong Demand for Global Soft Commodity Markets as Markets React to Changing Weather Patterns thumbnail

ICE Sees Strong Demand for Global Soft Commodity Markets as Markets React to Changing Weather Patterns

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced strong first half volumes and open interest across soft commodities as customers respond to changing weather patterns and its impact on […]

FIS On the Ready to Support Federal Reserve’s New Instant Payment Service

FIS On the Ready to Support Federal Reserve’s New Instant Payment Service

Key facts FIS is among the first in the fintech industry to complete testing and certification for the FedNow Service®. By completing the certification, FIS can help its financial institution clients tap into 24x7x365 instant payments through the FedNow Service. JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader in financial services technology, has announced it […]

Thorn Technologies Launches SaaS SFTP Service for Cloud Storage with SFTP Gateway Single User Plan thumbnail

Thorn Technologies Launches SaaS SFTP Service for Cloud Storage with SFTP Gateway Single User Plan

COLUMBIA, Md.–(BUSINESS WIRE)–Thorn Technologies, a leading provider of managed file transfer solutions, has launched their popular SFTP Gateway product as a SaaS service. With thousands of users already relying on SFTP Gateway self-managed plans through the AWS, Azure, and Google Cloud marketplaces, the SaaS version further simplifies the process of providing secure and affordable file […]

Principal® Joins Industry Consortium to Support Automatic Portability of U.S. Retirement Accounts thumbnail

Principal® Joins Industry Consortium to Support Automatic Portability of U.S. Retirement Accounts

DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America’s under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers. Principal® is a board member and one […]

Bevel Acquired by The Avenue Z Network to Build First Digital Communications Unicorn thumbnail

Bevel Acquired by The Avenue Z Network to Build First Digital Communications Unicorn

Global Consultancy Provides CEO Advisory Services Across Strategic Communications, PR, and Marketing NEW YORK–(BUSINESS WIRE)–Bevel, the top communications consultancy for tech and venture capital, today announced its acquisition by Avenue Z, founded by digital visionary Jeffrey Herzog, to build the first strategic communications unicorn. Herzog, previously founder of iCrossing, acquired by Hearst Media in 2010 […]

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