Business Wire


Tide Reaches 500,000 UK Members Milestone

  LONDON–(BUSINESS WIRE)–Tide, the leading digital business financial platform, has reached 500,000 members in the UK – a significant milestone that means almost one in 10 small businesses now use its services. Following its launch in 2017, Tide is now a key provider of finance and admin services to UK small and medium enterprises (SMEs) […]

Ault Alliance’s Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion

LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), has announced a strategic collaboration between its wholly owned subsidiary, BitNile, Inc. (“BNI”), and Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific”), a prominent provider of high-performance blockchain computing data centers and software solutions. This collaboration will enable […]

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria

Blockchain-powered Nigerian fintech to integrate ThetaRay’s SONAR AI-powered technology to increase growth opportunities with a trusted service LAGOS, Nigeria & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s […]

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access™

LONDON–(BUSINESS WIRE)–Today, Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to start lending through its innovative Citi Securities Lending Access platform. The solution will enable Nordnet to expand its already successful securities lending programme to new markets and new client segments. Citi […]

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

SAN FRANCISCO–(BUSINESS WIRE)–Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, today announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and decision-makers in […]

Sarna Receives Funding from Simplex Ventures, Motivate Ventures and Wedbush to Disrupt Digital Brokerage Space

Investment will fuel the completion of Sarna Finance’s mobile investing platform and rollout in the US and overseas. CHICAGO–(BUSINESS WIRE)–Sarna, a trading and investing platform, has today announced new seed investments totaling over $2.5 million from venture capital firms with deep experience in fintech and financial services. The infusion of capital will help the firm […]

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition – the […]

Bectran Gives Back: Bectran Employees Volunteer with Nonprofit Organization Feed My Starving Children

Bectran employees volunteer to help serve and support developing nations, fight world hunger and give back to the global community. CHICAGO–(BUSINESS WIRE)–Bectran, Inc., a revolutionary fintech automation provider serving the credit, collections and AR sector, participated this month in a volunteer opportunity with Feed My Starving Children, an effort launched to fight world hunger and […]

Leading Longshore Workers’ Comp Provider Selects CLARA Analytics to Improve Adjuster Productivity

American Equity Underwriters Leverages CLARA Artificial Intelligence MOBILE, Ala. & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—The American Equity Underwriters, Inc. (AEU), an Amwins Group company, the leading provider of workers’ compensation insurance for waterfront employers, has selected CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for commercial insurance claims optimization, as their partner in […]

Lion Street Adds Pontera as a Strategic National Partner to Deliver 401(k) Management to Seasoned Professionals Across the US

Pontera will enable Lion Street’s 175+ financial firms to offer secure retirement account management as part of its comprehensive approach to growing clients’ wealth NEW YORK & AUSTIN, Texas–(BUSINESS WIRE)–#401k—Lion Street, an elite national network of agencies and professionals providing life insurance, wealth management and financial planning solutions to high-net-worth clients, today announced a partnership […]

CAIS Modernizes Brand to Reflect Role in Transforming the World of Alternative Investing

Advisor demand for alts remains strong as traditional 60/40 underperforms NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced a modernized brand refresh to reflect CAIS’ leadership role in transforming the world of alternative investing as we enter a “New Era of Access.” With financial advisors and alternative asset managers engaging at unprecedented levels, […]

Socure Named Best Identity Verification Solution in FinTech Breakthrough Awards for Second Consecutive Year

Socure Wins Honor in Best Identity Verification Solution Category as it Further Solidifies Identity Verification Market Leadership INCLINE VILLAGE, N.V.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced that it has been selected as the “Best Identity Verification Solution” in the seventh annual FinTech Breakthrough Awards program. This is the […]

Gradient AI’s SAIL Solution Gives the Provant Group Greater Insights into Group Health Risks

Enables Tailored Health Plans, Streamlined Cost Savings and Advanced Risk Management for Brokerage’s Clients BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that The Provant Group, a national commercial insurance brokerage, has chosen Gradient AI’s SAIL™ solution to quantify and gain deeper insights into […]

InterPrice Technologies releases bank API integration to streamline bond pricing indications for treasury teams

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, a Nasdaq Ventures-backed treasury capital markets platform, announced that it has launched its bank API connectivity to instantly connect corporate treasury teams with their banking relationship partners. “Having been one of the earliest adopters of the InterPrice platform, we are very pleased to see instant and direct connectivity with our relationship […]

REPAY to Serve as Backend Clearing and Settlement Provider for MiCamp Solutions

REPAY to offer customizable program and end-to-end processing capabilities, helping the ISO move from a retail ISO to a full-liability portfolio ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced MiCamp Solutions (“MiCamp”) has chosen REPAY as its new clearing and settlement processor. REPAY will offer full-service, end-to-end […]

Core10 Appoints Russ Bernthal, Rodney Whitwell, Ryan Zacharia to Board of Directors

~ Fintech veterans bring industry knowledge, experience to Core10’s board ~ FRANKLIN, Tenn.–(BUSINESS WIRE)–#banking—Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services, today announced that Russ Bernthal, Rodney Whitwell and Ryan Zacharia have joined its board of directors. Bernthal, the former SVP, Jack […]

Spiral Raises $28M Series A to Help Banks and Fintechs Easily Embed Sustainability and Social Impact

The NY-based fintech startup allows banks, credit unions, and financial institutions to embed sustainability, social impact, ESG, and CSR into their core businesses, amplify community impact, and increase customer engagement NEW YORK–(BUSINESS WIRE)–Spiral, the pioneer of Impact-as-a-Service™, announced today a $28M Series A investment, bringing total funding to $42M. The round was led by Team8 […]

CSI and Hawk AI Partner To Release AI-Driven Solutions for Fraud and Anti-Money Laundering

Powered by an AI/ML-backed system, global regtech leader adds WatchDOG® Fraud and WatchDOG® AML to advanced suite of products to combat financial crimes PADUCAH, Ky.–(BUSINESS WIRE)–CSI, a leading provider of end-to-end fintech and regtech solutions, announced today it has partnered with Hawk AI, a leading global provider of anti-money laundering (AML) and fraud prevention technology […]

Mahalo Banking Selected as Finalist in NACUSO’s Next Big Idea Competition for its Next-Generation Digital Banking Solution

Denny Howell, co-founder and COO, to present platform’s neurodiversity functionality to competition judges and conference attendees TROY, Mich.–(BUSINESS WIRE)–#banking—Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has been selected as one of five finalists in the National Association of Credit Union Service Organizations’ (NACUSO) Next Big Idea Competition. Now […]

Metropolitan Commercial Bank Recognized as #9 in S&P Global’s 2022 Ranking of Best-Performing Large Community Banks

NEW YORK–(BUSINESS WIRE)–Metropolitan Commercial Bank (the “Bank”), the wholly owned subsidiary of Metropolitan Bank Holding Corp. (NYSE: MCB), today announced that the Bank was recognized for the fourth consecutive year in S&P Global Market Intelligence’s annual ranking of the best-performing community banks with assets between $3 billion and $10 billion. Metropolitan Commercial Bank was #9 […]

Geoswift Joins 2023 UBC BizChina Forum To Spark Conversation on Post-Pandemic Fintech Development

VANCOUVER, British Columbia–(BUSINESS WIRE)–Geoswift, a payment technology company with significant expertise in Asian cross-border payments, joined the UBC BizChina Forum as an honorable partner on March 17- 18 at the Vancouver Convention Center. The event brought together leading industry practitioners and scholars to discuss business topics in a post-pandemic context. Geoswift founder Raymond Qu, a […]

LiveVox Partners with CGI to Transform Agent Productivity and Optimize Customer Experience

Customized integration between LiveVox’s contact center and CGI’s CACS X default management solution will be on display this month at Consumer Bankers Association’s annual industry event, CBA Live SAN FRANCISCO–(BUSINESS WIRE)–$LVOX—LiveVox (NASDAQ: LVOX), today announced a partnership with CGI to integrate LiveVox’s contact center platform within CGI’s CACS X for collections. CACS X is CGI’s […]

Insurify Completes Acquisition of Compare.com

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Insurify, Inc. (“Insurify”), America’s top-rated virtual insurance agent to compare, buy and manage insurance, has completed the acquisition of Inspop USA, LLC and its subsidiary, Compare.com Insurance Agency, LLC (“Compare.com”), a pioneer in the U.S. online auto insurance comparison market. Compare.com was founded by Admiral Group, plc (“Admiral”), one of the UK’s leading […]

WBI Launches WarpSpeed Digital Onboarding

Transformative onboarding technology dramatically improves the user experience for investors and advisors. RED BANK, N.J.–(BUSINESS WIRE)–WBI, a leader in WealthTech, announced today the launch of their latest product, WarpSpeed Digital Onboarding. The revolutionary platform promises to transform the way financial advisors onboard clients, making the process faster, more efficient, and more secure. Designed with input […]

Delivering Funds Faster: Onbe’s Send to Wallet Simplifies and Accelerates Mobile Wallet Provisioning for Users

Participants in an Onbe and HALO pilot program are opting for fast, secure and simple disbursements with Send to Wallet CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–Onbe, a leading disbursements financial technology company, today announces the launch of Send to Wallet. An early to market offering, Send to Wallet, gives users the ability to add their virtual card […]

Real-Time Payments Platform, Pidgin, Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform to help financial institutions monitor transactions to detect and prevent payments fraud in real time. Through the partnership, financial institutions using Pidgin’s faster payments platform will now have access to Effectiv’s robust […]

Crypto Asset Management Platform Haru Invest Obtains VASP Authorization for Its EU Operation From Lithuania

CeFi investment platform, which recently led a $9M Series A investment in Canadian crypto miner, is now allowed to operate as a cryptocurrency service provider in Lithuania SEOUL, South Korea–(BUSINESS WIRE)–Haru Invest, a leading digital asset management platform, today announced that Haru EU Limited UAB, its EU incorporated subsidiary, has become an authorized Virtual Asset […]

Kontiki Finance Limited Prepares for Growth and Expansion With Q2’s Digital Lending Solutions

Kontiki Finance scales up for expansion into new markets throughout Oceania with Q2’s cloud-based solutions, Q2 Originate™, Q2 Loan Servicing™ and Q2 Collections™ AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, announced today that Kontiki Finance Limited (KFL), a USD $110 million, multi-ethnic microfinance company […]

Now Available for Building Mobile Web Apps, Veryfi Provides User-Friendly Computer Vision and Document Capture Framework

Veryfi Lens Mobile Capture Framework first AI-based edge detection and document blur detection features for mobile web apps SAN MATEO, Calif.–(BUSINESS WIRE)–#AIML–With the new Veryfi Lens Mobile Capture Framework for Web, developers now have an easier way to transform document images and extract data through a combination of optical character recognition (OCR) and artificial intelligence […]

Candidly Wins “Best Student Loan Management Platform” Designation in 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–Candidly, the market’s leading student debt management platform, today announced that it is the winner of the “Best Student Loan Management Platform” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough. This is the second consecutive year that […]

MyComplianceOffice Wins “Best Compliance Management Solution” Designation in 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–#asiarisk–Global conduct risk and compliance technology provider MyComplianceOffice (MCO), today announced that it has been selected as winner of the “Best Compliance Management Solution” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization […]

J.P. Morgan Wealth Plan™ Named ‘Best Personal Finance Product’

Wealth Plan recognized by FinTech Breakthrough Awards for helping people make smarter money decisions NEW YORK–(BUSINESS WIRE)–J.P. Morgan Wealth Management’s Wealth Plan was named Best Personal Finance Product in the 2023 FinTech Breakthrough Awards. The tool, launched in December of 2022, is available for free in the Chase Mobile app and on Chase.com. Wealth Plan […]

Unifimoney and First Fidelity Bank Announces Enhanced Yield Savings Program for Community Banks and Credit Unions to Grow Deposits

Unifimoney and First Fidelity Bank launch an enhanced yield savings program giving account holders the choice of a Cash Account with 3.655% APY or Money Market Fund with a 4.80%. OKLAHOMA CITY & SAN FRANCISCO–(BUSINESS WIRE)–#communitybanks–Today Unifimoney Inc. (Unifimoney), a multi-asset digital wealth management platform for Community Banks and Credit Unions, and First Fidelity Bank […]

Munich Re Life US and Paperless Solutions Group Announce Risk Assessment Solution that Transforms Life Insurance Underwriting

State-of-the-art SaaS solution uses cutting-edge digital systems to deliver faster and more precise mortality risk assessment to bring life insurance to more people NEW YORK–(BUSINESS WIRE)–Munich Re Life US (Munich Re) today announced a new combined risk assessment and e-application solution with insurtech leader Paperless Solutions Group (PSG), an MIB business, that allows life insurance […]

Majesco Integrates ACORD Solution Group’s ADEPT to Improve Speed, Accuracy and Security of Data Exchange

MORRISTOWN, N.J.–(BUSINESS WIRE)–#futureforecast–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced plans to extend its long-time partnership with ACORD, integrating Majesco’s Core Suite for P&C with ACORD Solutions Group’s ADEPT data exchange platform to accelerate support and innovation for customers operating in the Lloyds and London Market. ACORD, a […]

Netcapital Named “Best Crowdfunding Platform” at FinTech Breakthrough Awards for Second Consecutive Year

Netcapital Funding Portal selected from over 4,000 nominations across a range of FinTech categories BOSTON–(BUSINESS WIRE)–$NCPL #Earnings—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today was named “Best Crowdfunding Platform” for the funding portal netcapital.com at the 7th Annual 2023 FinTech Breakthrough Awards, a premier awards program founded to recognize […]

EquityZen Named “Best Retail Investment Company” In 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–EquityZen Inc. (”EquityZen”), a leading online marketplace for buying and selling pre-IPO shares, today announced that it has been selected as winner of the “Best Retail Investment Company” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an […]

Account-to-Account Payments Set to Revolutionize Shopping, with E-commerce Payments Reaching $525 Billion Globally: Worldpay from FIS 2023 Global Payments Report

Key facts Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the […]

XTM Launches Wage Incentive Program for Healthcare Workers Across North America

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 and staff management solutions to inspire today’s workers in the hospitality, personal care and service space today announced that it is product ready and, by leveraging its Payfare (TSE: […]

Ault Alliance and BitNile Metaverse Announce BitNile.com Experiences Significant Growth, Surpassing 370,000 Active Users in First 21 Days

Over 370,000 active users in the first 21 days of early access Companies expect introduction of three new games and three new in-world features within the next 30 days LAS VEGAS–(BUSINESS WIRE)–$AP #21_days_early_access—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance”) and BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse”), the company behind […]

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