Business Wire

Tradable Partners with Victory Park Capital and Spring Labs to Revolutionize Access to Private Credit thumbnail

Tradable Partners with Victory Park Capital and Spring Labs to Revolutionize Access to Private Credit

SANTA MONICA, Calif.–(BUSINESS WIRE)–Tradable, a technology company making institutional-quality private credit deals accessible to more investors, announced today a new partnership with Victory Park Capital (“VPC”), a leading global alternative investment firm specializing in private credit, and Spring Labs, a leading enterprise technology company specializing in enterprise data security, to support the development and launch […]

Velocity Risk Underwriters Implemented Guidewire InsuranceNow to Launch New Products for Business Growth thumbnail

Velocity Risk Underwriters Implemented Guidewire InsuranceNow to Launch New Products for Business Growth

Managing general agency leveraging core operations in the cloud NASHVILLE, Tenn. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireCloud—Guidewire (NYSE: GWRE) announced that Velocity Risk Underwriters (Velocity Risk), a catastrophe-focused property insurance hybrid managing general agency (MGA) and AM Best A- (Excellent) rated excess and surplus (E&S) insurer licensed in all 50 states, implemented Guidewire InsuranceNow to […]

Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024 thumbnail

Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024

Wescom enters merger agreement with CCFCU, expanding the credit union’s reach and enhancing commitment to build better lives for more Californians PASADENA, Calif.–(BUSINESS WIRE)–Wescom Credit Union and Central Coast Federal Credit Union (CCFCU) have entered into a merger agreement, announcing their intent to merge in the second quarter of 2024. For nearly 90 years, Wescom […]

Wellfit Partners with ADSO to Enhance Financing Options for Its Members thumbnail

Wellfit Partners with ADSO to Enhance Financing Options for Its Members

IRVING, Texas–(BUSINESS WIRE)–Wellfit® Technologies, Inc., (Wellfit), a leading healthcare technology platform that provides streamlined dental financing, discount plans and payment processing, announces its partnership with the Association of Dental Support Organizations (ADSO). Through this affinity benefit partnership, Wellfit will offer ADSO members a tailored version of its patient financing platform, empowering dental practices to provide […]

CardX: New Jersey Surcharge Legislation Signed Into Law thumbnail

CardX: New Jersey Surcharge Legislation Signed Into Law

New Jersey law imposes reasonable surcharge limitations and disclosure requirements, reflecting input from CardX CEO Jonathan Razi. ORLANDO, Fla.–(BUSINESS WIRE)–New Jersey Governor Phil Murphy announced Friday that he signed Assembly Bill 4284 into law, which prohibits New Jersey merchants from imposing a credit card surcharge that exceeds the payment processing cost, and requires merchants to […]

Citi Survey Shows Challenges Ahead from Accelerated Settlements thumbnail

Citi Survey Shows Challenges Ahead from Accelerated Settlements

77% of the market participants surveyed expect accelerated settlements to have a major impact on their business 80% of market participants expect a notable impact on their securities lending and borrowing business Cash, funding and liquidity management remain greatest obstacle to achieving a shortened settlement cycle LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Citi today […]

Forrester Honours Recipients Of Its 2023 Technology Awards For Europe, The Middle East, And Africa

Forrester Honours Recipients Of Its 2023 Technology Awards For Europe, The Middle East, And Africa

İşbank and Schneider Electric recognised for building their technology strategies around customers to fuel business growth LONDON–(BUSINESS WIRE)–Forrester (Nasdaq: FORR) today announced that İşbank and Schneider Electric are the winners of its Technology Strategy Impact and Enterprise Architecture Awards for Europe, the Middle East, and Africa (EMEA), respectively. These awards, which will be presented at […]

MEMIC Selects Gradient AI to Gain Competitive Advantage in Its Workers’ Compensation Claims Operations thumbnail

MEMIC Selects Gradient AI to Gain Competitive Advantage in Its Workers’ Compensation Claims Operations

Advanced Benchmarking and Prediction Solutions Help MEMIC Better Forecast Claim Trends, Optimize Case Reserves, and Manage Claims Costs More Effectively ORLANDO, Fla.–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at WCI 2023 Conference an expanded relationship with MEMIC, an A.M. Best “A” (Excellent) rated […]

MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses thumbnail

MEDIA ALERT: Intuit to Host Innovation Day to Unveil New Generative AI Platform and Product Experiences for Consumers, Small Businesses

Intuit is harnessing the power of data and generative AI to transform the way more than 100 million customers improve their financial success and achieve their dreams MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is hosting Intuit Innovation Day, a special […]

Closinglock Announces SOC 2 Type II Certification thumbnail

Closinglock Announces SOC 2 Type II Certification

Closinglock maintains the highest security standards for protecting against wire and identity fraud in real estate transactions AUSTIN, Texas–(BUSINESS WIRE)–#SOC2–Closinglock, a leading provider of fintech and fraud prevention solutions for the real estate industry, today announced its SOC 2 Type II certification. This certification is an independent audit that verifies the company’s security policies, procedures, […]

Mogo Launches Normal Course Issuer Bid on TSX

Mogo Launches Normal Course Issuer Bid on TSX

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”) today announced that, in addition to the Company’s existing common share buyback program launched on the NASDAQ in March 2022 (the “NASDAQ Bid”), the Company has received approval from the Toronto Stock Exchange (the “TSX”) to commence repurchasing its common shares on the TSX […]

Pecan AI Recognized as Meta Business Partner for Marketing Measurement thumbnail

Pecan AI Recognized as Meta Business Partner for Marketing Measurement

Partner badge highlights companies vetted by Meta for technical and service excellence NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–#YouCanWithPecan—Pecan AI, the leader in AI-based predictive analytics for analysts and business teams, today announced that it has been named a Meta Business Partner within the Measurement specialty. This achievement reflects Pecan’s deep experience in marketing mix […]

Howl.xyz and Fair.xyz Partner to Accelerate Brand and Career Growth for Web3 Artists thumbnail

Howl.xyz and Fair.xyz Partner to Accelerate Brand and Career Growth for Web3 Artists

Partnership Delivers Web3 Artists Ongoing Brand and Marketing Support AUSTIN, Texas–(BUSINESS WIRE)–Howl.xyz, a premium communications agency that specializes in disruptive technology, today announced it’s working alongside Fair.xyz, a no-code platform that allows creators to launch end-to-end non-fungible tokens (NFT); secure, accessible and fair. Howl.xyz will provide hands-on marketing support, with Fair.xyz offering strategic advice to […]

Cross River Teams Up with Atlanta-Based Organizations, The Empty Stocking Fund and Caden Teaches Finances, to Bring School Supplies and Financial Literacy to Local Students and Educators

Cross River Teams Up with Atlanta-Based Organizations, The Empty Stocking Fund and Caden Teaches Finances, to Bring School Supplies and Financial Literacy to Local Students and Educators

Organizations provide essential supplies for teachers and foster financial empowerment for youth, as financial institution continues to support impactful organizations across the nation FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, is proud to join forces with The Empty Stocking Fund (ESF) and Caden Teaches Finances […]

Best’s Commentary: Vesttoo Highlights Importance of Managing Counterparty Risk thumbnail

Best’s Commentary: Vesttoo Highlights Importance of Managing Counterparty Risk

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–With the Vesttoo fallout as a backdrop, a new AM Best commentary details leading bank issuers of collateral letters of credit (LOC) to (re)insurance companies, as well as companies with LOC exposures to China Construction Bank Corp., which has been linked to the ongoing situation. The Best’s Commentary, “Vesttoo Highlights Importance of Managing […]

CLARA Analytics’ AI Platform Extracts Deep Context From Plaintiff Legal Demands thumbnail

CLARA Analytics’ AI Platform Extracts Deep Context From Plaintiff Legal Demands

Generative AI Technology Zeros In on the Right Conclusions, Delivering Superior Value SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announces extended capabilities that empower insurance carriers to extract critical information from legal demand documents. CLARA Optics automates the transcription of medical records and legal […]

Conquest Planning Partners with Vancity, Extending Personalized Financial Advice to More Canadians thumbnail

Conquest Planning Partners with Vancity, Extending Personalized Financial Advice to More Canadians

Vancity’s network of financial advisors gain access to Conquest’s innovative financial planning software WINNIPEG, Manitoba–(BUSINESS WIRE)–#AI—Conquest Planning Inc. (“Conquest”), a technology platform modernizing financial planning with customized and convenient advice, today announced an integration with Vancity, Canada’s largest community credit union. With assets exceeding $34 billion, including assets under administration, Vancity is the first credit […]

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

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

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

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

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

Credit unions select CUSO for robust core, ecosystem of complementary solutions FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced that Great NorthWest FCU, Sentry Credit Union, Georgetown Kraft Credit Union, […]

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

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

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

Moniepoint - Leading Business Bank - Enters Personal Banking Market thumbnail

Moniepoint – Leading Business Bank – Enters Personal Banking Market

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

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

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

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

Param Accelerates European Expansion With Twisto Acquisition thumbnail

Param Accelerates European Expansion With Twisto Acquisition

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

Sightline Announces Executive Leadership Changes thumbnail

Sightline Announces Executive Leadership Changes

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

Celero Commerce Enters Partnership with Nashville’s Iconic Bluebird Cafe

Celero Commerce Enters Partnership with Nashville’s Iconic Bluebird Cafe

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

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

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

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

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

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

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

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

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

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

Bluevine Celebrates 10 Years of Powering Small Business Banking thumbnail

Bluevine Celebrates 10 Years of Powering Small Business Banking

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

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

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

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

Old Glory Bank’s Secret Weapon in Serving Customers thumbnail

Old Glory Bank’s Secret Weapon in Serving Customers

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

Payoneer Singapore Secures Major Payment Institution License to Empower SMEs thumbnail

Payoneer Singapore Secures Major Payment Institution License to Empower SMEs

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

Citizens Bank of Edmond and Nymbus Join Forces to Introduce Roger thumbnail

Citizens Bank of Edmond and Nymbus Join Forces to Introduce Roger

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

Bectran Honored to be Recognized by Illinois State Senate thumbnail

Bectran Honored to be Recognized by Illinois State Senate

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

TNS and TRAFiX Launch Trading Infrastructure Partnership thumbnail

TNS and TRAFiX Launch Trading Infrastructure Partnership

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

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

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

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

TASI ® Bank Announces Broad Program to Serve California Cannabis Market thumbnail

TASI ® Bank Announces Broad Program to Serve California Cannabis Market

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

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

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

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

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

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

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

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

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

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

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