Business Wire

ICE Expands Fixed Income Liquidity Offering With Relaunch of Enhanced Sweeps Protocol for Corporate Bonds thumbnail

ICE Expands Fixed Income Liquidity Offering With Relaunch of Enhanced Sweeps Protocol for Corporate Bonds

Conducts multiple auctions per week ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the relaunch of ICE Risk Matching Auction (RMA), an enhanced sweeps session-based protocol for dealer-to-dealer fixed income trading. ICE RMA, which was initially launched in 2015, is part of the […]

Emtel Selects Tecnotree for their BSS Transformation Journey thumbnail

Emtel Selects Tecnotree for their BSS Transformation Journey

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a Finnish-based global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), is proud to announce the signing of a new deal with Emtel Mauritius, where Tecnotree will provide BSS stack solution to replace the company’s legacy business processes, products, and services, to enhance their operational […]

Bluevine Launches Accounts Payable Solution Fully Integrated with its Small Business Banking Platform thumbnail

Bluevine Launches Accounts Payable Solution Fully Integrated with its Small Business Banking Platform

New AP Offering Gives SMBs Access To Sophisticated, Yet Easy-To-Use Bill Management And Payment Capabilities Right From Their Checking Accounts JERSEY CITY, N.J.–(BUSINESS WIRE)–Bluevine, the leading provider of small business banking solutions, today announced the launch of its new accounts payable (AP) offering to help business owners and their teams simplify business payments management from […]

Webcash Group launches WABOOKS, the Vietnamese version of AI KYUNGRI NARA with Its main function of digitally managing Purchase Receipts thumbnail

Webcash Group launches WABOOKS, the Vietnamese version of AI KYUNGRI NARA with Its main function of digitally managing Purchase Receipts

Local corporate customers in Vietnam fully satisfied with the eased Purchase & Payment Documentation Process on WABOOKS WABOOKS provides a real-time linkage of Mobile Receipts with the Tax Invoices from the National Tax Service of Vietnam SEOUL, South Korea–(BUSINESS WIRE)–#AIKYUNGRINARA—Webcash Group (Chairman Seok Chang-gyu) announced that it has launched WABOOKS, the Vietnamese version of AI […]

ADDING MULTIMEDIA Web3 Foundation Initiates Global Roundtable Discussions with Policy-makers, Starting in Japan thumbnail

ADDING MULTIMEDIA Web3 Foundation Initiates Global Roundtable Discussions with Policy-makers, Starting in Japan

ZUG, Switzerland–(BUSINESS WIRE)–#discussions–The Web3 Foundation, best known for its leading project, Polkadot, unveiled a new initiative to encourage roundtable dialogues with regulators worldwide. The first of such meetings was conducted in Tokyo, Japan, on July 25th, and brought together individuals from regulatory bodies, government institutions, and industry stakeholders. The Foundation’s representatives included CEO Bertrand Perez, […]

Old Glory Bank Introduces Business Banking thumbnail

Old Glory Bank Introduces Business Banking

Now Offering Business Checking, Savings Accounts NASHVILLE, Tenn.–(BUSINESS WIRE)–After launching with consumer banking accounts in March of 2023, Old Glory Bank announces it has added Business Banking to its product offering. Headquartered in Elmore City, Oklahoma, and providing mobile banking solutions from sea to shining sea, Old Glory Bank is the FDIC-insured and chartered bank […]

CORRECTING and REPLACING Fiserv Adds the Amazon Shop with Points Program to its Popular uChoose Rewards Offering thumbnail

CORRECTING and REPLACING Fiserv Adds the Amazon Shop with Points Program to its Popular uChoose Rewards Offering

Cardholders at hundreds of banks and credit unions can now use their uChoose Rewards points to shop the hundreds of millions of items sold on Amazon.com and the Amazon mobile app BROOKFIELD, Wis.–(BUSINESS WIRE)–Headline of release should read: Fiserv Adds the Amazon Shop with Points Program to its Popular uChoose Rewards Offering (instead of Fiserv […]

Transact Campus Announces Transact Insights thumbnail

Transact Campus Announces Transact Insights

New Offering Provides Campus Administrators with a Turnkey Solution Revolutionizing Campus Data Management & Analytics SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Transact Campus, “Transact,” the award-winning leader in innovative mobile credential and payment solutions, today announced the launch of its latest innovative product, Transact Insights, a turnkey solution designed to revolutionize the way campuses handle data. Leveraging the robust […]

Arc Home Launches Tavant’s Touchless Lending® Platform to Expand Wholesale Operations thumbnail

Arc Home Launches Tavant’s Touchless Lending® Platform to Expand Wholesale Operations

—Lender provides modern, end-to-end digital experience for their growing network of brokers— SANTA CLARA, Calif.–(BUSINESS WIRE)–#DigitalMortgage—Tavant, Silicon Valley’s leading digital lending solutions provider, today announced Arc Home LLC, a leading Non-QM and Non-Agency Wholesale and Correspondent lender, has successfully launched a new Broker platform: SPARC 2.0. Leveraging Tavant’s Touchless Lending® Broker Experience platform, Arc Home […]

Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management and Pricing Insights thumbnail

Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management and Pricing Insights

As a welcome relief to global economic pressures, this partnership enables insurers to leverage data to streamline operations, reduce losses, and maximize profits HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced a new partnership with Concirrus, the leading AI insurtech helping commercial insurers to accelerate digital […]

CharmHealth and Bioverge Invest in My Diabetes Tutor to Bring Diabetes Education to the 37 Million Americans Battling the Disease thumbnail

CharmHealth and Bioverge Invest in My Diabetes Tutor to Bring Diabetes Education to the 37 Million Americans Battling the Disease

Successful Partnership Leads to Investment That Can Enable My Diabetes Tutor to Rapidly Scale PLEASANTON, Calif.–(BUSINESS WIRE)–#Bioverge—CharmHealth, a leading provider of healthcare technology solutions, and Bioverge, a leading Silicon Valley venture firm and investment platform specializing in emerging healthcare technology, today announced that they have invested in My Diabetes Tutor, a startup that aims to […]

Posh Announces the Latest in their AI Line-Up: Knowledge Assistant for Frontline Staff thumbnail

Posh Announces the Latest in their AI Line-Up: Knowledge Assistant for Frontline Staff

BOSTON–(BUSINESS WIRE)–Posh, the market-leading AI provider for banks and credit unions, today announced the launch of its new AI-powered Knowledge Assistant as a result of direct interest from their financial institution partners and the banking community. This employee-facing product complements their suite of external-facing AI services, which include Voice 360 & Banking Teller, Voice Concierge, […]

SKYVIEW 1 Launches Digital Banking Platform for Financial Advisors to Provide Clients With End-to-end Service and Competitive Rates, Building More Momentum for Their Money thumbnail

SKYVIEW 1 Launches Digital Banking Platform for Financial Advisors to Provide Clients With End-to-end Service and Competitive Rates, Building More Momentum for Their Money

White-label app and dashboard empowers advisors to provide bespoke private banking services to high-net-worth clients, including checking and savings accounts with high-yield 3.51% APY and up to $125M FDIC insurance WAYZATA, Minn.–(BUSINESS WIRE)–SkyView, a leading investment bank and specialty lender dedicated to supporting the M&A goals of independent registered investment advisors (RIAs), today announced the […]

Fintech Platform Croissant Launches with $24 Million in Initial Funding and a Mission to Change the Future of Commerce thumbnail

Fintech Platform Croissant Launches with $24 Million in Initial Funding and a Mission to Change the Future of Commerce

Croissant seamlessly integrates into merchants’ existing shopping experiences, offering customers a guaranteed buyback value at checkout NEW YORK & NASHVILLE, Tenn.–(BUSINESS WIRE)–Croissant, a fintech platform with a mission to empower intentional commerce, launched today with $24 million in seed funding from a suite of top investors, including Portage and KKR co-founders George Roberts and Henry […]

Channel V Media Launches Dedicated Climate Technology Division

Channel V Media Launches Dedicated Climate Technology Division

Communications and PR Agency Formalizes Its Strategic PR Offering for Climate Tech Companies; Welcomes Weather Intelligence Company Meteomatics to Its Roster of Clients NEW YORK–(BUSINESS WIRE)–Channel V Media (CVM), a communications strategy and PR firm that specializes in building market momentum for Fortune 500 industry leaders and emerging venture-backed innovators, today announced its new specialty […]

Fortanix and Saudi Information Technology Company (SITE) Partner to Deliver Revolutionary Multicloud SaaS Data Security Offering to the Saudi Arabian Market thumbnail

Fortanix and Saudi Information Technology Company (SITE) Partner to Deliver Revolutionary Multicloud SaaS Data Security Offering to the Saudi Arabian Market

Fortanix’s confidential computing powered technology would be available as a jointly branded managed SaaS offering, with a new data sovereignity region dedicated to the Kingdom of Saudi Arabia SANTA CLARA, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the innovative multi-cloud data security company and the pioneer of Confidential Computing, and the Saudi Information Technology Company (SITE), a PIF-owned, prominent […]

Cross River and Plaid Unveil Faster Multi-Rail Bank Payments Solutions

Cross River and Plaid Unveil Faster Multi-Rail Bank Payments Solutions

Instant Payouts on Plaid Transfer, powered by Cross River, will enable real-time distributions for investing, lending, insurance, payroll and more Companies providing a turnkey solution for instant payments across multiple payment rails to U.S. companies of all sizes SAN FRANCISCO & FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers […]

ICE’s Global Commodity and Energy Markets Reach Record Open Interest thumbnail

ICE’s Global Commodity and Energy Markets Reach Record Open Interest

LONDON & NEW YORK & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest (OI) across its global commodity and energy futures and options markets. On July 25, 2023, ICE hit record OI of 55.4 million contracts across commodities futures and options, up 14% […]

Ault Alliance Subsidiary, Sentinum, Inc., Launches Colocation and Hosting Services for AI Ecosystems and Other Businesses with High-Density Power Needs thumbnail

Ault Alliance Subsidiary, Sentinum, Inc., Launches Colocation and Hosting Services for AI Ecosystems and Other Businesses with High-Density Power Needs

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”) today announced the launch of its tailored colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries through Sentinum, Inc., formerly known as BitNile, Inc. (“Sentinum”), one of its wholly owned subsidiaries. Sentinum […]

KuCoin’s ‘Into The Cryptoverse' Report Unveils 3.8 Million Japanese Adults Engage in Crypto Investment thumbnail

KuCoin’s ‘Into The Cryptoverse’ Report Unveils 3.8 Million Japanese Adults Engage in Crypto Investment

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a top 5 global crypto exchange, has launched its 13th edition of the ‘Into The Cryptoverse’ report. This edition focuses on the burgeoning cryptocurrency market in Japan, offering a detailed analysis of the trends, preferences, and behaviors of Japanese crypto investors. The report is based on an extensive online survey conducted by […]

iCapital Launches Architect, a New Innovative Portfolio Analytics Tool for Financial Professionals thumbnail

iCapital Launches Architect, a New Innovative Portfolio Analytics Tool for Financial Professionals

iCapital Architect can help advisors set their practice apart from the competition by providing a robust toolkit for designing tailored client portfolios that incorporate alternatives and structured investments. NEW YORK–(BUSINESS WIRE)–iCapital,1 the global fintech platform driving access to alternative investments for the wealth management industry, today unveiled iCapital Architect, an innovative portfolio construction tool that […]

Industry Veterans Launch InsurTech Modives, Close $3M Seed Round thumbnail

Industry Veterans Launch InsurTech Modives, Close $3M Seed Round

Life Event Platform Automates Insurance Verification for Property Management, Auto Dealerships CHARLOTTE, N.C.–(BUSINESS WIRE)–#cardealer–Combining decades of accumulated experience in the insurance space, five industry vets today announced the formation of Modives—a new venture delivering automation to alleviate a painful and time-consuming process for property managers and auto dealers: insurance verification. “One of the pain points […]

Zenbase and unitii corp. Join Forces to Empower Residents with Rent Reporting and Flexible Rent Payment Options thumbnail

Zenbase and unitii corp. Join Forces to Empower Residents with Rent Reporting and Flexible Rent Payment Options

CALGARY, Alberta–(BUSINESS WIRE)–#fintech–Zenbase, offering Canada’s only automated rent reporting and most popular split rent payments, is pleased to announce a partnership with unitii corp., a premier provider of residential property management services in Alberta. This collaboration aims to revolutionize the renting experience by offering residents the combined benefits of rent reporting for building credit and […]

Moves, the Banking App Built Exclusively for Gig Workers, Partners With Astra to Offer Real-time1 Transfers Using Visa Direct2 thumbnail

Moves, the Banking App Built Exclusively for Gig Workers, Partners With Astra to Offer Real-time1 Transfers Using Visa Direct2

By utilizing Visa Direct, Moves now helps gig workers seamlessly manage their digital payments across multiple income streams in real time SAN FRANCISCO–(BUSINESS WIRE)–Moves, the banking app built exclusively for gig workers, today announced a partnership with Astra, the all-in-one platform for faster payments, to offer members real-time transfers using Visa Direct, Visa’s real-time push-to-card […]

ICE Expands UN SDG Offering for Corporate Bonds and Equities thumbnail

ICE Expands UN SDG Offering for Corporate Bonds and Equities

ICE UN SDG data set now available for corporates as well as municipal bonds ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced a collaboration with Util, the award-winning provider of evidence-based sustainability data, to expand its UN Sustainable Development Goals (SDG) data […]

Car Insurance Rates Spike 17% in the First Half of 2023; Another 4% Rise on the Way thumbnail

Car Insurance Rates Spike 17% in the First Half of 2023; Another 4% Rise on the Way

Inflation, climate change, and insurer losses driving rate increases CAMBRIDGE, Mass.–(BUSINESS WIRE)–The average annual cost of a car insurance policy surged $240 to $1,668 in the first six months of 2023, up from $1,428 in 2022. Prices will increase another 4% before the end of the year, according to Insurify’s latest auto insurance report. The […]

Util Launches New, AI-Driven Universal Impact and SDG for Fixed Income Offering in Collaboration with ICE thumbnail

Util Launches New, AI-Driven Universal Impact and SDG for Fixed Income Offering in Collaboration with ICE

Util’s evidence-based impact data is now available across funds, indexes, and many public and private companies to meet expanding investor demand. LONDON–(BUSINESS WIRE)–Util, the award-winning provider of evidence-based sustainability data, today announced its collaboration with Intercontinental Exchange, Inc. (NYSE: ICE), to launch its new SDG for Fixed Income product. SDG Impact for Fixed Income brings […]

Enhance Claimants’ Experiences with Ushur’s New Guidewire Marketplace Apps thumbnail

Enhance Claimants’ Experiences with Ushur’s New Guidewire Marketplace Apps

SAN MATEO, Calif. & SANTA CLARA, Calif.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and Ushur announced that Ushur’s new Ready for Guidewire validated accelerators are now available to ClaimCenter users in the Guidewire Marketplace. Ushur enables insurers to deliver digital, self-serve customer experiences through its intuitive, omnichannel Invisible App™. Users of any skill level can build, test, and […]

Web3 Foundation Initiates Global Roundtable Discussions with Policy-makers, Starting in Japan thumbnail

Web3 Foundation Initiates Global Roundtable Discussions with Policy-makers, Starting in Japan

ZUG, Switzerland–(BUSINESS WIRE)–#discussions–The Web3 Foundation, best known for its leading project, Polkadot, unveiled a new initiative to encourage roundtable dialogues with regulators worldwide. The first of such meetings was conducted in Tokyo, Japan, on July 25th, and brought together individuals from regulatory bodies, government institutions, and industry stakeholders. The Foundation’s representatives included CEO Bertrand Perez, […]

Global Launch of Trustmi: Cyber-Fintech Company Revolutionizes Payment Security Solutions thumbnail

Global Launch of Trustmi: Cyber-Fintech Company Revolutionizes Payment Security Solutions

New security platform eliminates vulnerabilities that threaten the business payments process NEW YORK–(BUSINESS WIRE)–Trustmi today announced its official launch as a pioneering leader in business payments security. The cyber-security fintech company offers an intuitive, end-to-end solution that helps businesses protect their bottom line by eliminating losses from cyberattacks, internal collusion, and human error, ensuring payments […]

Payoneer Releases Inaugural Global Impact Report thumbnail

Payoneer Releases Inaugural Global Impact Report

The report discusses how Payoneer is advancing its environmental, social, and governance priorities and shares baseline ESG metrics NEW YORK–(BUSINESS WIRE)–Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced the release of its first annual Global Impact Report, identifying its […]

ICE Announces Record Trading in Midland WTI (HOU) with Participants Using HOU to Deliver Midland Crude into Brent Basket thumbnail

ICE Announces Record Trading in Midland WTI (HOU) with Participants Using HOU to Deliver Midland Crude into Brent Basket

HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record activity in the ICE Midland WTI (ICE: HOU) contract this month, with participants using the contract to deliver physical Midland WTI barrels into Dated Brent and the rest of the Brent complex. With Midland-origin WTI […]

Acrisure Has Protected $5B in Clients’ Real Estate Transactions Using CertifID’s Technology Solution thumbnail

Acrisure Has Protected $5B in Clients’ Real Estate Transactions Using CertifID’s Technology Solution

AUSTIN, Texas & GRAND RAPIDS, Mich.–(BUSINESS WIRE)–CertifID, a leading wire fraud protection company, today announced that it has been chosen by Acrisure, a global Fintech leader, to protect its Title Insurance clients from payments fraud. The preferred partnership includes CertifID’s fraud detection software, access to fraud recovery services, and up to $1M in payment insurance […]

Empire State Realty Trust Signs Capco for Entire 68th Floor at the Empire State Building thumbnail

Empire State Realty Trust Signs Capco for Entire 68th Floor at the Empire State Building

NEW YORK–(BUSINESS WIRE)–Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new long-term lease with Capco – a global financial technology and management consultancy – for a 26,620 square foot, full-floor space at the Empire State Building (ESB) on the 68th floor. “We are pleased to partner with ESRT for our […]

Vahanna Tech Edge Acquisition I Corp. Announces Additional Contribution to Trust Account to Extend Deadline to Consummate Business Combination thumbnail

Vahanna Tech Edge Acquisition I Corp. Announces Additional Contribution to Trust Account to Extend Deadline to Consummate Business Combination

NEW YORK–(BUSINESS WIRE)–Vahanna Tech Edge Acquisition I Corp. (NASDAQ: VHNAU, VHNA, VHNAW) (“Vahanna” or the “Company”), a special purpose acquisition company, announced today that, on July 24, 2023, its sponsor, Vahanna LLC, timely deposited an aggregate of $660,330 (the “Extension Payment”), representing $0.033 per public share, into Vahanna’s trust account in order to extend the […]

Tiblio AI “Roger,” an AI-Powered Options Income Assistant, Integrates with TradeStation® Securities Brokerage Services thumbnail

Tiblio AI “Roger,” an AI-Powered Options Income Assistant, Integrates with TradeStation® Securities Brokerage Services

Roger includes continuous calculations and trade assistance LOS ANGELES–(BUSINESS WIRE)–Tiblio, Inc. today announced the integration of “Roger,” an AI-powered options income assistant, with TradeStation Securities’ brokerage services. TradeStation Securities provides self-clearing online brokerage services for trading stocks, ETFs, options, and futures. With Tiblio AI, traders can customize their strategy by choosing up to 29 different […]

Cambridge Savings Bank Extends $10 Million Revolving Line of Credit to Leadpoint Business Services thumbnail

Cambridge Savings Bank Extends $10 Million Revolving Line of Credit to Leadpoint Business Services

A portfolio company of Boston-based Copley Equity Partners, Leadpoint harnesses capital to support promising growth trajectory CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending (ABL) team provided a $10M revolving line of credit to Leadpoint Business Services […]

Closinglock Announces New Payment Solution Powered by J.P. Morgan thumbnail

Closinglock Announces New Payment Solution Powered by J.P. Morgan

Closinglock’s new payment solution solves real estate wire fraud and creates faster payments for its customer base AUSTIN, Texas–(BUSINESS WIRE)–#closinglock–Closinglock, a leading provider of wire fraud prevention and fintech solutions for the real estate industry, is working with J.P. Morgan to provide a new, innovative digital payments offering to the real estate industry it serves. […]

IRALOGIX Urges Congress to Protect Interests of Low-Income Retirement Savers thumbnail

IRALOGIX Urges Congress to Protect Interests of Low-Income Retirement Savers

Legislation is Required to Help Those Who Need it Most to Save for Retirement State-Mandated Retirement Plans Benefit Low-Income Workers, but an Even Playing Field is Required PITTSBURGH–(BUSINESS WIRE)–IRALOGIX, a leading innovator in financial technology advancements that harnesses the power of its proprietary technology to offer IRA-focused retirement solutions to every segment of the wealth […]

Best’s Commentary: AM Best to Review Collateral Arrangements at Rated Fronting Insurance Companies thumbnail

Best’s Commentary: AM Best to Review Collateral Arrangements at Rated Fronting Insurance Companies

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–With the recent published news reports on Vesttoo, an insurtech platform, AM Best is monitoring the rapidly evolving situation and reviewing its rated fronting carriers and other insurers that have material amounts of reinsurance counterparty credit risk and reliance on various forms of collateral. Based on this review, rating actions will be taken […]

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