Business Wire

Spendesk Adopts Platformatic to Enhance Backend Development Efficiency thumbnail

Spendesk Adopts Platformatic to Enhance Backend Development Efficiency

SAN FRANCISCO–(BUSINESS WIRE)–Platformatic, the modern backend development platform, is pleased to announce that Spendesk, a fintech unicorn pioneering spend management solutions, has adopted its platform to enhance backend development efficiency. This collaboration underscores Spendesk’s commitment to delivering innovative financial services to its customers. Streamlining Backend Development In today’s dynamic business environment, the continuous optimization of […]

Juniper Research: Future Digital Award Winners Announced for Fintech & Payments 2023 thumbnail

Juniper Research: Future Digital Award Winners Announced for Fintech & Payments 2023

BASINGSTOKE, England–(BUSINESS WIRE)–It is with great pleasure that Juniper Research announces the 2023 winners of the Future Digital Awards for Fintech & Payments. These awards follow a record-breaking number of applications from leading fintechs and payments companies, which have been extensively analysed by our expert judging panel. This awards programme recognises the most impactful financial […]

iShares® iBonds® Dec 2023 Term Muni Bond ETF Nears Final Distribution Date thumbnail

iShares® iBonds® Dec 2023 Term Muni Bond ETF Nears Final Distribution Date

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of the iShares iBonds Dec 2023 Term Muni Bond ETF (IBML), which possesses the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBML iShares iBonds Dec 2023 Term Muni Bond […]

Finalists Announced for the 2023 BAI Global Innovation Awards thumbnail

Finalists Announced for the 2023 BAI Global Innovation Awards

CHICAGO–(BUSINESS WIRE)–BAI announced the finalists for the 13th Annual BAI Global Innovation Awards, the financial services industry’s leading innovation honor, celebrating organizational achievements. These 22 inspiring companies have successfully designed and delivered unique innovations that positively improved customer and business relationships, drove organizational changes and served their communities. This year’s finalists developed innovations covering digital […]

Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention thumbnail

Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention

BASINGSTOKE, England–(BUSINESS WIRE)–#digitalidentityverificationmarket–A new study from Juniper Research, the foremost experts in fintech and payments markets, has found the number of digital identity verification checks will surpass 70 billion in 2024; growing 16% on the previous year’s number of 61 billion. This growth is being driven by businesses adopting stronger biometric verification methods to combat […]

ICE Completes First Delivery of London Cocoa Using Fully Electronic Warehouse Warrants thumbnail

ICE Completes First Delivery of London Cocoa Using Fully Electronic Warehouse Warrants

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 the successful delivery of London Cocoa using fully electronic warehouse warrants, replacing for the first time the paper-based systems historically used by customers in […]

Exchange Bank Taps Pidgin to Provide Real-Time Payment Options for Customers thumbnail

Exchange Bank Taps Pidgin to Provide Real-Time Payment Options for Customers

Alabama-based bank partners with Pidgin to offer faster payments for retail and commercial account holders ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Exchange Bank to offer instant payments to its account holders. Established in 1909, Exchange Bank serves customers with a full suite of financial products […]

Ault Alliance Signs Listing Agreement to Sell St. Petersburg High-rise Multifamily Project for $20 Million Asking Price thumbnail

Ault Alliance Signs Listing Agreement to Sell St. Petersburg High-rise Multifamily Project for $20 Million Asking Price

LAS VEGAS–(BUSINESS WIRE)–$AGREE #20_Million_Dollar_Asking_Price—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”) announced today its wholly owned subsidiary, Third Avenue Apartments LLC (“Third Avenue”), itself a wholly owned subsidiary of Ault Global Real Estate Equities, Inc. (“AGREE”), has listed for sale its multifamily development site in St. Petersburg, Florida. […]

TDCX Grows in Europe With Two New Healthtech Clients thumbnail

TDCX Grows in Europe With Two New Healthtech Clients

Healthtech a new vertical for its European business SINGAPORE–(BUSINESS WIRE)–TDCX, (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has continued its growth trajectory with the addition of two new clients in Europe. The new clients are both from the healthcare technology (healthtech) sector, a vertical that TDCX is […]

The Government Pension Investment Fund of Japan Uses ICE for Impact Bond and Avoided Emissions Assessment of its Portfolio thumbnail

The Government Pension Investment Fund of Japan Uses ICE for Impact Bond and Avoided Emissions Assessment of its Portfolio

ATLANTA & LONDON & TOKYO–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced it was selected by The Government Pension Investment Fund of Japan (GPIF), the world’s largest pension fund, to conduct an impact assessment of the fund’s investment in impact bonds, which was used by GPIF […]

Pogust Goodhead and Gramercy Funds Management LLC Announce $552.5 Million Investment Partnership thumbnail

Pogust Goodhead and Gramercy Funds Management LLC Announce $552.5 Million Investment Partnership

LONDON & GREENWICH, Conn.–(BUSINESS WIRE)–Pogust Goodhead, a global law firm, and Gramercy Funds Management LLC (“Gramercy”), today announced that they have entered into a $552.5 million investment partnership in the form of a secured loan by Gramercy to Pogust Goodhead. This loan is the largest of its kind in a U.K. based law firm. The […]

CapIntel places No. 13 on The Globe and Mail's fifth-annual ranking of Canada's Top Growing Companies thumbnail

CapIntel places No. 13 on The Globe and Mail’s fifth-annual ranking of Canada’s Top Growing Companies

TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that helps asset managers, wholesalers and financial advisors improve day-to-day workflow and efficiency, is pleased to announce it placed No. 13 on the 2023 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. CapIntel earned its spot […]

Derivative Path Wins Fourth Consecutive Global Derivatives Award thumbnail

Derivative Path Wins Fourth Consecutive Global Derivatives Award

Leading cloud-based derivatives hedging provider was recognized as best risk management advisory firm in the Americas for the fourth year running at GlobalCapital’s Global Derivatives Awards NEW YORK–(BUSINESS WIRE)–Derivative Path, a leading provider of capital markets technology and derivatives services to financial institutions and commercial end-users, eclipsed an elite field of nominees, winning GlobalCapital’s Award […]

Alpaca Launches Private Equity Real Estate Platform

Alpaca Launches Private Equity Real Estate Platform

Daniel Carr (formerly Ares Management) and Peter Weiss (formerly Prospect Ridge) co-found and lead new platform with anchor capital from GCM Grosvenor NEW YORK–(BUSINESS WIRE)–Alternative investments management firm Alpaca (or the “Firm”) announced today the launch of Alpaca Real Estate (or “ARE”). Daniel Carr and Peter Weiss are co-founders leading the new platform and its […]

Enterprise Viewpoint Ranks Gradient AI as Top 20 Innovative InsurTech Solution Provider thumbnail

Enterprise Viewpoint Ranks Gradient AI as Top 20 Innovative InsurTech Solution Provider

Recognized for its Innovative AI Solutions for Insurance Underwriting and Claims Management BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced it has been recognized by Enterprise Viewpoint, a leading business and technology magazine, as one of the Top 20 Innovative InsurTech Solution Providers in […]

BlackRock Expands Active ETF Suite With Equity Premium Income Strategy thumbnail

BlackRock Expands Active ETF Suite With Equity Premium Income Strategy

Providing investors a differentiated income strategy which couples high income potential with long term growth NEW YORK–(BUSINESS WIRE)–BlackRock today announced the launch of the BlackRock Advantage Large Cap Income ETF (Cboe: BALI), which seeks to generate a high level of monthly income with upside market participation1 to optimize income and growth within a risk managed […]

Transform Insurance Operations with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow thumbnail

Transform Insurance Operations with Guidewire and One Inc’s New ClaimsPay app for InsuranceNow

SAN MATEO, Calif. & FOLSOM, Calif.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and One Inc, Guidewire’s strategic payments partner, announced that One Inc’s new ClaimsPay integration is now available to InsuranceNow customers in the Guidewire Marketplace. Purpose-built for the insurance industry, One Inc’s digital payment solutions enhance the customer experience and provide a unified and frictionless payment experience […]

Mitek named leader in Liminal’s analysis of companies offering account opening protection thumbnail

Mitek named leader in Liminal’s analysis of companies offering account opening protection

SAN DIEGO–(BUSINESS WIRE)–Liminal, a leading advisory and market intelligence firm specializing in the digital identity, cybersecurity and fintech markets, has named Mitek Systems, Inc. (NASDAQ: MITK), a leader in its highly anticipated Link™ Index Report for Account Opening in Financial Services. The report evaluated more than 120 providers offering account opening compliance and fraud prevention […]

Mercury Fund Raises $160 Million to Invest in Early-Stage Startups Across America

Mercury Fund Raises $160 Million to Invest in Early-Stage Startups Across America

Oversubscribed Mercury Fund V Targets SaaS and Data Platform Startups Based ‘Between the Coasts’ HOUSTON–(BUSINESS WIRE)–Mercury Fund (“Mercury”), a premier early-stage venture firm focused on investments outside of traditional coastal tech hubs, today announced the successful closing of Mercury Fund V (“Fund V” or the “Fund”), with $160 million in capital commitments. The Fund is […]

Intuit QuickBooks Introduces Two New Payroll Plans to Streamline Payroll and Time Tracking for Canadian Businesses thumbnail

Intuit QuickBooks Introduces Two New Payroll Plans to Streamline Payroll and Time Tracking for Canadian Businesses

The new QuickBooks Payroll plans in Canada are part of a robust three-plan Payroll offering providing more comprehensive Payroll solutions for small and medium-sized business owners, from faster direct deposit to time-tracking – all in one place. TORONTO–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, […]

Zip Recognized by LinkedIn as a Top Startup in the United States thumbnail

Zip Recognized by LinkedIn as a Top Startup in the United States

Fintech Company Zip Recognized Among Top Growing Companies to Work For SAN FRANCISCO–(BUSINESS WIRE)–Zip, the world’s only Intake-to-Pay platform, announced today that it is ranked on the 2023 LinkedIn Top Startups List in the United States. The 7th annual list is part of a ranking of the leading startups to work for created by the […]

Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health

Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health

Financial literacy program aided in reducing client debt during challenging environment where Federal Reserve saw consumer credit rates increase Longstanding partnership works to close financial inequality gap through financial education and economic inclusion FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year […]

Evvy, Precision Women’s Health Startup focused on the Vaginal Microbiome, Announces $14M Series A thumbnail

Evvy, Precision Women’s Health Startup focused on the Vaginal Microbiome, Announces $14M Series A

The round, led by Left Lane Capital and including General Catalyst and Labcorp Venture Fund, will fuel Evvy’s R&D platform and precision vaginal healthcare offering — which now includes STI testing & treatment NEW YORK–(BUSINESS WIRE)–Evvy, a female-founded startup unlocking precision women’s healthcare through biomarker discovery, announced today the closing of a $14 million Series […]

SoftServe Debuts Sage, the AI Pathfinder, at Money20/20 thumbnail

SoftServe Debuts Sage, the AI Pathfinder, at Money20/20

The NVIDIA-powered Generative AI digital avatar demonstrates how financial institutions can adopt new technology to offer customers value-added services AUSTIN, Texas–(BUSINESS WIRE)–#AI—SoftServe, a premier IT consulting and digital services provider, will debut Sage, the AI Pathfinder, a financial intelligence consultant powered by Generative AI using NVIDIA Avatar Cloud Engine (ACE), at Money20/20 USA. Attendees can […]

Inspire Brands Streamlines Omnichannel Commerce Across North American Restaurants via Expanded Fiserv Relationship thumbnail

Inspire Brands Streamlines Omnichannel Commerce Across North American Restaurants via Expanded Fiserv Relationship

Relationship will drive unified customer experiences and operational efficiency across U.S. company-owned and franchised locations BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced an expansion of its relationship with Inspire Brands, a multi-brand restaurant company whose portfolio includes more than 32,000 restaurants worldwide. The […]

Onfido and umob Partnership Enables Speedy User Onboarding With Automated Identity Verification thumbnail

Onfido and umob Partnership Enables Speedy User Onboarding With Automated Identity Verification

umob, a Mobility as a Service platform, sees faster rider onboarding and 90% reduction in manual work AMSTERDAM–(BUSINESS WIRE)–#AML—Onfido, the global leader in automated identity verification, today announced the results of its partnership with umob, a revolutionary Mobility as a Service (MaaS) platform that is transforming the shared mobility and public transportation experience. Since integrating […]

UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances thumbnail

UK Fintech TangoPay Selects ThetaRay AI Solution to Monitor Global Remittances

SONAR, ThetaRay’s AI-powered AML solution, will enable TangoPay to embed trust in cross-border payments and grow its business while reducing risk Remittance is a critical method of bringing money into low-income countries with total global volume expected to surpass $840b USD in 2024 LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–TangoPay an Authorized Payment […]

BlackRock Study: Global Insurers Adapting to the New Market Regime thumbnail

BlackRock Study: Global Insurers Adapting to the New Market Regime

Two-thirds of insurers (60%) are readjusting strategic asset allocation (SAA) with a focus on flexibility and new investment opportunities 89% of insurers increasing allocations to private markets, especially direct lending (60%) 62% of respondents see opportunity in clean energy infrastructure Nearly half (47%) of insurers prioritizing technology investments to manage investment and operational risk LONDON–(BUSINESS […]

Digital Commerce Payments and Aya Care Pioneer Innovative Healthcare Access Solutions in Alberta thumbnail

Digital Commerce Payments and Aya Care Pioneer Innovative Healthcare Access Solutions in Alberta

CALGARY, Alberta–(BUSINESS WIRE)–Digital Commerce Payments (“DCPayments”), a prominent financial technology payments provider and part of the Digital Commerce Group, has embarked on a transformative journey with Aya Care, an industry leader in Health Spending Account solutions, to introduce pioneering healthcare access initiatives in Alberta. This partnership aims to revolutionize healthcare spend management while highlighting Aya […]

XTM’s Today Gratuity Payout Solution Launches in U.S. on QRails AnyDay™ thumbnail

XTM’s Today Gratuity Payout Solution Launches in U.S. on QRails AnyDay™

Integration Results in Instant Payment of Gratuities as well as Earned Wage Access and Additional Earnings MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations is pleased to announce that it has officially integrated and merged XTM’s Today […]

PayLink: Atomic's Answer to Creating a More Open Banking System in the U.S. thumbnail

PayLink: Atomic’s Answer to Creating a More Open Banking System in the U.S.

SALT LAKE CITY–(BUSINESS WIRE)–Atomic, a leader in financial connectivity solutions, today announced the launch of PayLink, a groundbreaking solution suite that streamlines payment switching, making it easier for consumers to switch their primary banking relationship. In addition to providing a significantly improved consumer experience, this solution brings Atomic closer to providing a platform that will […]

Marstone and Jack Henry Collaboration Combines Seamless Access to Digital Wealth and Digital Banking thumbnail

Marstone and Jack Henry Collaboration Combines Seamless Access to Digital Wealth and Digital Banking

Technology collaboration enables over 400 digital banks to easily adopt Marstone’s digital wealth solutions through Jack Henry’s digital banking platform NEW YORK–(BUSINESS WIRE)–#banking—Marstone, Inc., a leading digital wealth technology firm, today announced its collaboration with Jack Henry™ (Nasdaq: JKHY). The partnership allows bank customers who use Jack Henry’s Banno™ digital banking platform to also access […]

Credibly Partners with Green Dot to Power Small Businesses with Simple, Seamless and Accessible Banking Solutions thumbnail

Credibly Partners with Green Dot to Power Small Businesses with Simple, Seamless and Accessible Banking Solutions

Powered by Green Dot, Credibly will add business checking to its growing suite of products and services designed to serve and empower small businesses DETROIT & AUSTIN, Texas–(BUSINESS WIRE)–#BaaS–Credibly, the data science-driven fintech lending platform that champions small- and medium-sized businesses (SMBs), is partnering with Green Dot (NYSE: GDOT) to expand its suite of small […]

Kraken Progresses European Expansion, Secures EU E-Money License thumbnail

Kraken Progresses European Expansion, Secures EU E-Money License

Company Also Obtained a Registration as Virtual Asset Service Provider in Spain SAN FRANCISCO–(BUSINESS WIRE)–Kraken, one of the world’s longest-standing and most secure crypto platforms, today announced it has received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, Kraken has also successfully registered with the Bank of Spain as […]

Experian Named a Market Leader in Fraud Prevention by Liminal’s Link™ Index Report for Account Opening in Financial Services thumbnail

Experian Named a Market Leader in Fraud Prevention by Liminal’s Link™ Index Report for Account Opening in Financial Services

Report recognizes Experian for leadership in compliance and fraud prevention capabilities COSTA MESA, Calif.–(BUSINESS WIRE)–Experian® today announced its recognition as a market leader for compliance and fraud prevention capabilities and market execution according to Liminal’s newly released Link™ Index Report for Account Opening in Financial Services. The detailed report evaluated 150 vendors in the financial […]

Pontoro Raises $4.6 Million in Oversubscribed Seed II Round for Technology Platform thumbnail

Pontoro Raises $4.6 Million in Oversubscribed Seed II Round for Technology Platform

Second seed investment round led by Ulu Ventures, with participation from Illuminate Financial, Nevcaut Ventures, W11 Capital, and others; brings total funding to over $10 million. Financing round scales company in preparation for the launch of its patented technology solution. MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Pontoro, the financial technology company creating a proprietary and structurally differentiated platform […]

Blue Ocean Technologies & QUODD Announce Global Strategic Partnership to Deliver US Market Data After Hours thumbnail

Blue Ocean Technologies & QUODD Announce Global Strategic Partnership to Deliver US Market Data After Hours

NEW YORK–(BUSINESS WIRE)–Blue Ocean Technologies, LLC (BOT), a unique capital markets fintech leader in global after hours trading, and QUODD, a comprehensive market data on demand provider for the financial services industry and a NewSpring Holdings platform company, today announced a strategic partnership aimed at delivering after hours trading capabilities to global investors. As part […]

Mulberri Launches Certificate of Insurance Platform for PEOs and Workers’ Compensation Master Carriers thumbnail

Mulberri Launches Certificate of Insurance Platform for PEOs and Workers’ Compensation Master Carriers

Solution streamlines management and enhances customer experience SUNNYVALE, Calif.–(BUSINESS WIRE)–Mulberri, an AI-driven embedded insurance startup, today announced the launch of its Certificate of Insurance platform in collaboration with VensureHR and Trion Solutions, two of the nation’s largest Professional Employer Organizations. This dynamic new platform helps PEOs generate COIs for small and mid-sized businesses in an […]

Ali Ghodsi CEO and Co-Founder of Databricks Announced as a Keynote Speaker for Money20/20 USA thumbnail

Ali Ghodsi CEO and Co-Founder of Databricks Announced as a Keynote Speaker for Money20/20 USA

NEW YORK–(BUSINESS WIRE)–Money20/20, the world’s leading fintech show, and the place where money does business, is thrilled to announce Ali Ghodsi, the esteemed Co-Founder and CEO of Databricks, as a keynote speaker at this year’s show in Las Vegas. Databricks recently announced they secured more than $500 million USD in a funding round that values […]

KuCoin Breaks 30 Million Users as the Exchange Celebrates Its 6th Anniversary thumbnail

KuCoin Breaks 30 Million Users as the Exchange Celebrates Its 6th Anniversary

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a top five cryptocurrency exchange in the world, is celebrating its 6th Anniversary with a breakthrough achievement of surpassing 30 million users, two momentous milestones of its journey at the same time. This remarkable achievement is a testament to KuCoin’s commitment to excellence and its unwavering dedication to the global crypto community. […]

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