Business Wire


Agentech Secures $3 Million to Revolutionize Insurance Claims with AI-Driven Workforce

Former WeGoLook and TokenEx founders launch Agentic AI platform to support insurance adjudication process NEW YORK–(BUSINESS WIRE)–#AI–Agentech, the global AI support workforce for insurance claims, is excited to announce the successful completion of its $3 million seed round in just 30 days. This significant milestone is being announced at Naphia Engage 2024 in Phoenix, a […]

Valor PayTech Elevates Speed and Reliability with AWS Collaboration

Valor PayTech Works with Amazon Web Services to Deliver Enhanced Speed, Scalability, and Unmatched Reliability for Merchants and Partners JERICHO, N.Y.–(BUSINESS WIRE)–Valor PayTech, a leader in processor-agnostic, omnichannel payment solutions, is proud to announce the successful migration to Amazon Web Services (AWS). The transition represents a significant upgrade in speed, scalability, security, and system reliability, […]

MoneyLion Launches MoneyLion Checkout, Bringing E-Commerce Simplicity to Financial Services

MoneyLion Checkout Transforms How Consumers Find, Qualify For, and Purchase Financial Products; Fundamentally Changing the Financial Product Shopping Experience NEW YORK–(BUSINESS WIRE)–MoneyLion (“MoneyLion”) (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced the launch of MoneyLion Checkout, a new marketplace solution that lets consumers search, […]

Haven Partners with Kastle to Streamline the Mortgage Servicing Experience with AI-Powered Voice Agents

Strategic alliance integrates AI voice technology into mortgage servicing, enhancing the borrower experience and enabling lenders to offer seamless servicing under their own brand NEW YORK–(BUSINESS WIRE)–Haven, a fintech platform that empowers servicers to embed mortgage servicing into original lenders’ brands, today announced a strategic partnership with Kastle, an AI voice agent provider for mortgage […]

Torq and Defy Security Declare the Traditional VAR is Dead as They Partner to Transform Enterprise Cybersecurity Sales and Deployment Experience

Cutting-edge cybersecurity companies join forces to empower SecOps teams to achieve long-term hyperautomation success and avoid scammy VAR hustles NEW YORK–(BUSINESS WIRE)–Torq, the AI-first security hyperautomation leader, and Defy Security, a leading technology solution vendor that delivers a comprehensive portfolio of security, resourcing, staffing, and vendor services, today announced a new partnership designed to transform […]

Intention.ly Adds Industry’s First M&A Communications Offering to Address Client Asset Retention for Consolidators, Fast-Growing RIAs, and Fintechs

The multi-tiered service will include specialized M&A communication strategy, support, and consulting to help firms navigate brand positioning, sales and marketing alignment, and both internal communication and client communication. PHILADELPHIA–(BUSINESS WIRE)–#Communications–Intention.ly, a leading growth consultancy and marketing firm offering a spectrum of services for growth-focused fintech and financial services companies, today introduced the industry’s first […]

ICE Reaches Record Open Interest Across Global Energy Benchmark Brent Crude Futures and Options

Plus, Record Open Interest across Gasoil Futures and Options and Total Oil Options LONDON & NEW YORK & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Brent, the largest crude oil futures and options market in the world and the global benchmark price for crude, reached […]

BlackRock Broadens Access to Global AI and Technology Growth Opportunities Through Two New Active ETFs

Provides clients with more choices to invest in technology and AI NEW YORK–(BUSINESS WIRE)–Today, BlackRock expanded investor access to technology and AI equities with the launch of the iShares A.I. Innovation and Tech Active ETF (NYSE: BAI) and the iShares Technology Opportunities Active ETF (NYSE: TEK). While the AI revolution is still in its early […]

Accenture Invests in Reality Defender to Help Fight Deepfake Extortion, Fraud and Disinformation

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE:ACN) has made a strategic investment, through Accenture Ventures, in Reality Defender, an RSA Innovation award-winning cybersecurity company specializing in deepfake detection. Together, Accenture and Reality Defender will equip clients in the financial services, media and high-tech industries with the ability to rapidly identify, detect, respond to and prevent deepfake fraud. Founded […]

WNS Recognized as a Leader in Lending Services Operations by Everest Group

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–$WNS #AI–WNS (Holdings) Limited (NYSE: WNS), a digital-led business transformation and services partner, today announced that it has been recognized as a ‘Leader’ in Everest Group’s 2024 Lending Services Operations PEAK Matrix® Assessment. WNS was named a ‘Leader’ for its market impact (including adoption, portfolio mix, and value […]

Green Dot Debuts Embedded Finance Brand and Platform of Services, Arc by Green Dot

As Embedded Finance Investments Rise, Arc Delivers End-to-End Banking and Money Movement Solutions from a Single-Source, Seamless, Scalable Platform New Study Sheds Light on Growth, Benefits & Risks of Embedded Finance AUSTIN, Texas–(BUSINESS WIRE)–#BaaS–Green Dot Corporation (NYSE: GDOT) today announced the launch of Arc by Green Dot, representing a comprehensive set of embedded finance, including […]

FIS Treasury Technology Drives IDC Real Results Award Win for UNHCR, the UN Refugee Agency

Key facts UNHCR, The UN Refugee Agency has won the Trade and Treasury category in the IDC Real Results award. UNHCR selected FIS as its treasury technology modernization partner to integrate core Treasury Management, as well as speed payments to refugees and humanitarian aid suppliers around the world. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Global financial technology leader FIS® […]

KlariVis Named as an Inc. 2024 Power Partner Award Winner

The annual list recognizes the country’s leading B2B companies that have proven track records of helping companies grow ROANOKE, Va.–(BUSINESS WIRE)–KlariVis, a pioneer in optimizing banking data analytics, announces today that it has been named to Inc.’s third annual Power Partner Awards list, winning in the Artificial Intelligence & Data category. This prestigious award from […]

Stockpile Pioneers First-Ever Tuition Rewards Program on Financial Learning Platform and Debuts Kids Debit Card as Part of New Family Banking Platform

Stockpile, the First Company to Offer Fractional Trading and Gift Cards Redeemable for Stock, is Now Making It Easier for Families to Pay for College SAN FRANCISCO–(BUSINESS WIRE)–Stockpile1, the pioneering investment platform that made investing accessible to kids and families, today unveiled its newest financial offering: a banking service for families powered by Green Dot’s2 […]

Higlobe Surpasses $100 Million in Annualized Volume, Offering Instant Transfers with the Lowest-cost Guaranteed for Overseas Contractors and SMBs Paid by U.S. Clients

Amid massive growth and strong demand from existing markets, Higlobe expands into Argentina and the Philippines PALO ALTO, Calif.–(BUSINESS WIRE)–#EmergingMarkets—Higlobe, Inc., the first comprehensive payment solution tailored to the needs of overseas professionals paid by U.S. clients, today announced that in just one year it has surpassed $100 million in annualized volume while serving the […]

Glendale Area Schools Credit Union Selects Mahalo Banking to Optimize Digital Banking Capabilities

~Credit union to modernize banking services and advance digital transformation strategies~ TROY, Mich.–(BUSINESS WIRE)–#banking–Mahalo Banking today announced its new partnership with California-based Glendale Area Schools Credit Union (Glendale Area Schools). The credit union is converting to Corelation Keystone in January 2025 and having a digital banking partner that would complement and tightly integrate with Keystone […]

Fiserv Delivers Embedded Finance to DoorDash Crimson Program

Fiserv is enabling DoorDash to streamline the delivery of financial services to Dashers MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced a collaboration with DoorDash to embed financial services within the online delivery leader’s digital platform. The collaboration is part of the DoorDash Crimson Program, which […]

Eastnets Climbs in Chartis RiskTech100® 2025 Rankings, Securing Award for Innovation in Trade-Based AML Solutions

LONDON–(BUSINESS WIRE)–Eastnets, a global leader in compliance and payment solutions, has risen to 54th place in the prestigious Chartis RiskTech100® 2025 rankings and secured an award for its trade-based AML solution. The recognition highlights Eastnets’ leadership in helping financial institutions tackle escalating financial crime risks in global trade. As trade-based AML becomes more critical, with […]

Advyzon and Syntax Data Enter Custom Indexing Partnership

Comprehensive wealth platform adds direct indexing solutions for financial advisors CHICAGO–(BUSINESS WIRE)–#CRM—Advyzon Investment Management (AIM), a turnkey asset management program (TAMP) under the umbrella of comprehensive technology platform Advyzon, and Syntax Data, a financial data and technology company that codifies business models into a relational system called Affinity® Data, today announced a partnership that will […]

SouthState Bank Transforms Mortgage Operations with Blend Close

Adoption of Blend’s Close solution has cut closing times to 20 minutes and reduced loan processing from 7 days to 48 hours, enhancing efficiency and borrower satisfaction SAN FRANCISCO–(BUSINESS WIRE)–Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (SouthState), resulting in […]

OneVest Launches Cutting-Edge Wealth Management Technology Platform in the U.S. Market, Delivering Unparalleled Configurability

NEW YORK–(BUSINESS WIRE)–OneVest, a leader in wealth management technology, today announced the launch of its platform capabilities in the United States. The company’s highly configurable platform is designed to empower financial institutions by enabling them to easily tailor and scale their wealth management services, ensuring a more personalized and efficient client experience. Several prominent U.S. […]

Prelim Announces its Integration with Q2’s Digital Banking Platform

Financial Institutions can now provide Prelim’s consumer and commercial account opening solutions to customers through Q2’s Digital Banking Platform SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a provider of origination solutions for consumer and commercial deposit accounts, today announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a […]

Wedbush Securities Launches Enhanced Connectivity and Functionality for Clearing Clients

New APIs Provide Seamless Onboarding and Account Management Capabilities LOS ANGELES–(BUSINESS WIRE)–#APIs—Wedbush Securities, a diversified financial services provider, is excited to announce the release of a new suite of highly functional APIs (application programming interfaces) that provide enhanced integration for its clearing clients. These APIs enable clearing clients to easily connect with Wedbush, allowing them […]

FIS Teams Up with Fulham FC: A Game-Changer for London’s Fintech Scene

Key facts FIS has partnered with Fulham Football Club to create a centre for innovation at the Fulham Pier. The state-of-the-art Markers, presented by FIS suite will support Fulham’s vision of a dynamic and inclusive destination environment for business leaders in West London. FIS pledges commitment to local community with a £25,000 Fulham FC Foundation […]

iShares® iBonds® ETFs Near Final Distribution Dates

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of three 2024 iShares iBonds ETFs which possess 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 IBTE iShares® iBonds® Dec 2024 Term Treasury ETF NASDAQ 12/16/2024 12/16/2024 12/19/2024 IBDP […]

Josh Johnstone Joins Valor PayTech as Vice President of Marketing

JERICHO, N.Y.–(BUSINESS WIRE)–Valor PayTech is excited to welcome Josh Johnstone as the company’s new Vice President of Marketing. In this role, Josh will lead the company’s marketing strategy and execution, driving the brand’s growth and visibility as a leader in omnichannel payment solutions. Josh brings over 25 years of experience in marketing, having built a […]

Cash App Pay Integrates with Lyft for Seamless Payments

Lyft becomes the first-ever rideshare partner for Cash App Pay DISTRIBUTED-WORK-MODEL/SAN FRANCISCO–(BUSINESS WIRE)–Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of […]

Sabey Data Centers Completes Construction at Austin, Texas Data Center Site

Data Center Delivers up to 84 MW of Critical Power; Construction Consistent with 2029 Net-Zero Corporate Commitment SEATTLE–(BUSINESS WIRE)–#Austin—Sabey Data Centers, a premier designer, builder and operator of multi-tenant data centers, today announces the completion of the first building of its new data center campus in Round Rock, Texas. The 430,000-square-foot facility showcases Sabey’s commitment […]

Q2 Introduces Symphonix to Help Global Non-Bank Lenders Orchestrate Better Borrowing Experiences

Symphonix’s comprehensive lending platform enables non-bank lenders to streamline operations and improve customer experiences AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced the introduction of Symphonix, the evolution of its cloud-based digital lending solution. The Symphonix lending platform is designed specifically to help non-bank […]

FundingShield Q3 2024 Wire Fraud Risk Report Showing Nearly Half of Transactions at Risk

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–#compliancemanagement–During Q3 2024, 46.43% percent of transactions on a $82bn portfolio comprising of residential, commercial and business purpose loans had issues leading to a risk of wire & title fraud. On average, problematic loans had 2.23 issues per loan indicating the lack of appropriate controls by closing agents and lenders to identify […]

Better.com launches Betsy™, the First Voice-Based AI Loan Assistant for the US Mortgage Industry

Betsy leverages true generative AI to enable Better’s Loan Officers to dramatically increase efficiency and customer satisfaction NEW YORK–(BUSINESS WIRE)–Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading digital homeownership company, today announced the launch of Betsy™, the first voice-based AI Loan Assistant for the US mortgage industry. As the latest innovation built […]

DriveWealth Bolsters Connectivity for Institutional Broker-Dealers, Enhancing Global Reach and Operational Efficiency

Expanded EMS integrations and telecom support will reduce integration times for BDs and enhance trading capabilities and market access NEW YORK–(BUSINESS WIRE)–DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced its end-to-end integration with multiple execution management system (EMS) platforms, including Bloomberg EMSX, LSEG Autex and TRAFiX. With these integrations, institutional broker-dealers can connect […]

InvestCloud Revolutionizes Wealth Management for FirstCape with Multi-Stage Digital Transformation

InvestCloud’s fully integrated platform set to significantly boost advisor efficiency, enable growth and scale for New Zealand’s premier advisory and asset management firm, enhancing client engagement at every stage of the investment lifecycle LONDON–(BUSINESS WIRE)–InvestCloud, a global leader in wealth technology, announced today that FirstCape, the leading wealth advice and asset management firm in New […]

Credit Union Wealth Group Launches Managed Direct Bond Investments for Member Portfolios

CHICAGO–(BUSINESS WIRE)–#banking—Credit Union Wealth Group (CUWG), a leading provider of digital wealth management programs for credit unions, announces the expansion of its fixed income capabilities, providing members with access to managed direct bond strategies. Members can access Treasury, TIPS, Agency, Municipal and Corporate managed bond and ladder investments as part of their portfolio. Members are […]

XTM Launches PayNow, an Earnings Payout, Remittance and Employee Benefits Solution for U.S. Temporary and Migrant Workers

TORONTO–(BUSINESS WIRE)–XTM Inc. (“XTM” or the “Company”) (CSE:PAID / FSE:7XT) a Miami and Toronto, Denver and London-based Fintech creator of innovative payment solutions including tipping-payout and certified Earned Wage Access (EWA) through its QRails AnyDay™ product and fully integrated processor, today announced the launch and roll-out of a Global Workers Payout Program called PayNow. The […]

Treasury Prime and Greenlite Partner to Bring Compliance AI to Banks Across the US

Leading generative AI platform for financial services companies joins Treasury Prime’s Partner Marketplace to help banks meet regulatory requirements effectively and efficiently SAN FRANCISCO–(BUSINESS WIRE)–Treasury Prime, a leading embedded banking software company, announced today the addition of Greenlite to the Treasury Prime Partner Marketplace. Banks in Treasury Prime’s network now have the option to leverage […]

Milken-Motsepe Prize in FinTech Announces 10 Semifinalists

10 teams to receive $1 million in total funding to support financial inclusion efforts for small businesses in emerging markets WASHINGTON–(BUSINESS WIRE)–The Milken Institute and the Motsepe Foundation announced the 10 teams advancing to the Semifinalist Round of the Milken-Motsepe Prize in FinTech, with each team receiving $100,000 in funding. Responding to a global call […]

SoFi Technologies to Adopt Galileo’s Cyberbank Core for New Commercial Payment Services Sponsor Banking Program

SALT LAKE CITY & SAN FRANCISCO–(BUSINESS WIRE)–#Banking—SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that empowers members to borrow, save, spend, invest, and protect their money, today announced its adoption of Galileo’s modern, cloud-based Cyberbank Core to power a range of payment services to commercial clients, including debit, prepaid, ACH […]

EQ Bank Partners with DataVisor to Drive Growth with Cutting-Edge Fraud Protection

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and risk platform, announced today that EQ Bank selected the company’s next generation fraud detection suite to enhance its fraud-fighting capabilities. EQ Bank, the digital arm of Canada’s Challenger Bank™ with a mission to drive change in banking and enrich people’s lives, will now augment its […]

Allan Rayson Launches Finov8r to Empower Financial Institutions with Embedded Advisory Services

New advisory consultancy bridges finance and technology to deliver sustainable growth for banks, fintechs, and corporates. AUSTIN, Texas–(BUSINESS WIRE)–Allan Rayson today announced the launch of Finov8r, a leading embedded advisory consultancy supporting banks, fintechs, and corporates. Finov8r drives sustainable growth and delivers tangible value across the financial sector through hands-on advisory services that help clients […]

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