Business Wire


Tachyum Presents Paper on Prodigy Processors in Blockchain for Banking and FinTech

LAS VEGAS–(BUSINESS WIRE)–#Linux—Tachyum® today released a paper “Credit Unions, Blockchain, CBDC, FinTech and Tachyum Prodigy®” explaining how Prodigy, the world’s first Universal Processor, can transform transactional banking while minimizing the monetary and environmental costs of blockchain’s electrical energy requirements. With Blockchain, transactions are transmitted directly from payer to payee (person to person) without an intermediary. […]

Bectran, Inc. Unveils Groundbreaking Audit Framework, Empowering Businesses with Extensive Documentation Capabilities

CHICAGO–(BUSINESS WIRE)–Bectran, Inc., the pioneering financial technology innovator known for its process-driven automation solutions, has launched an advanced audit framework to capture more data and document every step of a user’s journey for maximum reporting and oversight capabilities. This adaptable framework revolutionizes the way enterprises prepare for and manage audits, enabling unprecedented efficiency and risk […]

Financial House Announces Appointment of Nicole Zimmermann to its Board of Directors

LONDON–(BUSINESS WIRE)–Financial House, an e-money services and payment solutions company, is pleased to announce the appointment of Nicole Zimmermann as the new non-executive Director and member of the Board. This announcement highlights continued plans for Financial House to grow its business operations globally; and extend strong cross-border and payments infrastructure with industry leaders and start-ups […]

Nitrogen and InvestorCOM Integration Delivers Best Interest Rollover Recommendations Process

New integration enables firms and financial professionals to meet Reg BI and PTE 2020-02 rollover obligations and grow their businesses AUBURN, Calif.–(BUSINESS WIRE)–#FinTech—Nitrogen, the company that is revolutionizing how financial advisors and wealth management firms grow their firms, today announced its integration with InvestorCOM, a leading regulatory compliance software and communications solution for wealth and […]

PRMG Increases Application Conversions and Reduces Costs with Blend’s Soft Credit Functionality

SAN FRANCISCO–(BUSINESS WIRE)–Blend, a leading provider of cloud banking services, announced today that Paramount Residential Mortgage Group (PRMG) has seen a substantial increase in application conversions and significant cost savings after implementing Blend, which is the first digital banking platform to support soft credit pulls in the mortgage pre-qualification process. PRMG has been a Blend […]

The Industry’s First Data Masking and Tokenization SaaS Solution Gains Momentum with Adoption Across Fortune 500 and Global 2000 Customers

Expands Ecosystem With Support From World-Class Brands Including SAP and Imperva to Deliver Compelling Value to Joint Customers SANTA CLARA, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the innovative multi-cloud data security company and the pioneer of Confidential Computing, today announced significant new wins across categories, as well as expansion of its ecosystem with its new Fortanix Data Masking […]

ClickIPO Securities Renews its Collaboration with TradeStation® Securities to Make IPO and Related Offerings Available to Qualified Retail Investors

SCOTTSDALE, Ariz. & PLANTATION, Fla.–(BUSINESS WIRE)–ClickIPO Securities, LLC, (“ClickIPO”), an IPO marketplace for qualified retail investors, announced it is re-launching distribution support with TradeStation Securities, Inc. (“TradeStation Securities”), a Florida-based award-winning*, self-clearing online brokerage for trading stocks, ETFs, options, and futures. The collaboration will help to democratize access to initial public, and related, offerings for […]

Matrix Executions Wins Second Industry Award in 6 Months for its Cutting-Edge Suite of Trading Technology

CHICAGO–(BUSINESS WIRE)–#derivatives–Matrix Executions, an agency-only broker dealer headquartered in Chicago, celebrates winning its second award in the financial services space in six months after being named a “Top 10 Trading Solutions Provider” by Financial Services Magazine on July 17, 2023. In the past year, Matrix has been widely recognized as a leader in the trading […]

Method Financial Expands Reach to 200k+ Americans Managing More than $22 Billion in Consumer Debt

AUSTIN, Texas–(BUSINESS WIRE)–Method Financial, a leading provider of real-time data and payment access for consumer liabilities, has expanded its reach to more than 200,000 Americans managing over $22 billion in consumer debt since its launch at the end of 2021. Method continues to increase its reach through its growing client base, which has grown by […]

The iGaming Landscape in Latin America: a Player in Constant Evolution for the Region

BARCELONA, Spain–(BUSINESS WIRE)–#Latampayments–The iGaming market in Latin America is experiencing rapid growth driven by internet penetration and the adoption of video games in the region. With over 650 million people and an internet penetration rate of 66%, Latin America is becoming a key market for game developers and distributors, with an estimated value of $4.1 […]

ThetaRay Earns Microsoft Cloud Solution Provider Status

ThetaRay’s out-of-the-box AI solution available on Microsoft Azure Marketplace following year of rapid growth in global bank and fintech adoption TEL AVIV, Israel–(BUSINESS WIRE)–ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that it has joined the Microsoft Cloud Solution Provider program with its SONAR solution now available at the Microsoft Azure Marketplace. […]

Earnest and Nova Credit Launch International Private Student Loans

New Partnership Expands Access to Higher Education for International Students in the United States SAN FRANCISCO–(BUSINESS WIRE)–Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, and Nova Credit, a modern credit bureau bridging consumer credit data around the world, today announced their partnership and the launch of International Private Student […]

Tusk Strategies Establishes CHIPS and Science Act Practice, Led by Biden Administration Alum Bernadette Carrillo

WASHINGTON–(BUSINESS WIRE)–Building off a decade-plus of helping the most cutting-edge and ambitious companies succeed by solving major regulatory and public affairs challenges, Tusk Strategies today announced the launch of a new practice area focused on helping companies and states navigate and leverage funding mechanisms created through the CHIPS and Science Act. The practice group will […]

Intuit Launches New QuickBooks Workforce Mobile App

New streamlined features help employees track work hours and pay all in one place MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Employees of small and larger businesses often need to use disconnected tools to track their work hours, schedules, and paid time off, leaving them frustrated and uncertain about finances on payday and between paychecks. Today, Intuit Inc. (Nasdaq: […]

Cyvatar Joins Mastercard’s Start Path In Solidarity Program to Empower Underrepresented Fintech Founders

IRVINE, Calif.–(BUSINESS WIRE)–#Cybersecurity—Cyvatar, a leading cybersecurity solutions provider, is proud to announce it has been selected for Mastercard’s Start Path In Solidarity program. Joining the program represents a significant step forward in Cyvatar’s commitment to supporting underrepresented fintech founders and propelling innovation in the cybersecurity industry. Start Path In Solidarity is an extension of Mastercard’s […]

Union Credit Launches Marketplace of Trusted Credit Union Lenders

Mission focused Fintech takes on challenge of bringing the next generation of membership to credit unions and offering consumers more equitable choices SANTA ROSA, Calif.–(BUSINESS WIRE)–Today, Union Credit launched the first marketplace for credit unions to make firm, one-click credit offers at the point of purchase. Union Credit is the pioneer marketplace for credit unions […]

BlackRock to Expand Proxy Voting Choice to Its Largest ETF

Will offer Voting Choice to over three million shareholder accounts of iShares Core S&P 500 ETF (IVV) Makes more than half BlackRock index equity AUM eligible for Voting Choice NEW YORK–(BUSINESS WIRE)–BlackRock today announces that, subject to iShares Board approval, it plans to expand its Voting Choice program to its largest ETF – the iShares […]

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering

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

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

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

Kin brings home and property insurance to Arizona

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

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

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

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

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

FIS Wins Three XCelent Awards for Advanced Technology in Core Banking

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

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

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

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

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

Foresight Commercial Insurance Selects CLARA Analytics to Improve Claim Outcomes

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

Slice Adds First Connect for Small Business Insurance Distribution

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

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

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

Linda Zecher Appointed CEO of IronNet

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

Old Glory Pay Is Now Available

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

Stronghold Launches StrongholdNET, Payments Ecosystem of the Future

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

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

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

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

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

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

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

Stax Payments Adds PayPal Payment Offerings to Expand Customer Choice

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

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

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

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

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

CharmHealth Launches 2023 Innovation Challenge to Revolutionize Healthcare

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

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

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

Jenius Bank™ Launches Inaugural Product, Personal Loans

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

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