Business Wire


Neo Financial Partners with CI Financial to Launch Suite of Cutting-Edge Financial Solutions

Neo Financial, Canada’s top-rated financial app1, powers industry-leading financial products backed by the trusted expertise of CI Financial CALGARY, Alberta & WINNIPEG, Manitoba & TORONTO–(BUSINESS WIRE)–#NeoFinancial—Neo Financial is proud to announce a new partnership with CI Financial Corp. (TSX: CIX) to launch a new suite of everyday deposit2 and credit products, bringing together CI Financial’s […]

FIS Wins Big at the 2024 PayTech Awards USA for Excellence in Payments Technology

Key Facts FIS Integrated Payables wins Best Business Payments Solution Award Seamus Smith, FIS Group President Automated Finance, recognized with PayTech Leadership – At the Helm award The PayTech Awards USA acknowledge excellence and innovation in banking, financial technology, and payment sectors JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader in financial technology, proudly announces […]

MyGuava Partners with QPR to Unveil Exclusive Fan Payment Cards and Exciting Rewards

LONDON–(BUSINESS WIRE)–MyGuava is excited to announce its partnership with Queens Park Rangers Football Club to introduce a new range of exclusive fan cards. This offering includes both physical and virtual cards, which are designed to enrich the payment experience for QPR supporters. The initiative includes a limited number of 900 prestigious physical cards featuring the […]

Options Announces Landmark Global Expansion with Strategic Launch of New Office in Sydney, Australia

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology (Options) a trailblazer in capital markets infrastructure, today announced the opening of its new office in Sydney, Australia. This expansion is a key milestone in Options’ global growth strategy and reinforces its commitment to providing best-in-class infrastructure and support to clients across the Asia-Pacific region. The […]

Wells Fargo and SUMA Wealth Launch Jefa Business Bootcamp, Equipping Latina Entrepreneurs With Tools and Knowledge to Build and Scale Their Business in Honor of Hispanic Heritage Month

Attracting Thousands of Participants during its First English-Language Session, Program will now Offer New Weekly Office Hours in Spanish Beginning October 7 for Latinas to Access Live Tools and Resources LOS ANGELES–(BUSINESS WIRE)–In celebration of Hispanic Heritage month, SUMA Wealth, the fastest-growing financial technology company devoted to increasing prosperity for young U.S. Latinos and their […]

Vervent Launches Capital Markets Focused eVault Solution for Loan Document Management

This addition provides a secure, comprehensive solution to maintain enforceability of original authoritative documents throughout the portfolio lifecycle. SAN DIEGO–(BUSINESS WIRE)–Vervent is excited to announce the launch of its new eVault Solution. This trusted platform was designed to securely capture, store, and transfer loan documents, ensuring their authenticity and enforceability throughout the portfolio lifecycle. With […]

Treasury Prime Teams Up with ComplyCo to Help Banks Navigate Complex Regulatory Environment

New integration automates validation of compliance with financial rules and regulations SAN FRANCISCO–(BUSINESS WIRE)–Treasury Prime, a leading embedded banking software company, announced a new integration with ComplyCo to address the increasing trend of regulatory scrutiny in financial services. The integration will enable banks to improve their oversight capabilities and will support fintechs in scaling their […]

ICE Introduces Multi-Asset Class Climate Transition Risk Solution

Holistic Emissions Data Now Available for Municipal Bonds, Mortgage-backed Securities and Real Estate, as well as Corporate and Sovereign Bonds NEW YORK & ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced the launch of a multi-asset class climate transition risk solution, which provides emissions estimates and portfolio analytics […]

Velera Partners with Kinective to Accelerate Innovation and Time-to-Market for Financial Software Products

~Kinective’s Gateway™ delivers breakthrough core system integration, empowering Velera to bring new products to market faster~ GILBERT, Ariz.–(BUSINESS WIRE)–Velera, a leading credit union service organization (CUSO) and an integrated financial technology solutions provider, has entered into a strategic partnership with Kinective, a trailblazer in digital connectivity, document workflow and branch automation for the banking sector. […]

Cotribute Expands Participation in Jack Henry™ Vendor Integration Program to Help Drive Deposit and Customer Growth for Banks

– VIP enables Cotribute to integrate with SilverLake® and Synergy ® – PHOENIX–(BUSINESS WIRE)–#AccountOpening—Cotribute, an award-winning, next-generation digital account opening and onboarding platform helping financial institutions grow deposits, loans and memberships, today announced at the 2024 Jack Henry Connect that it has successfully implemented at both banks and credit unions and has been certified to […]

CapIntel Joins with FactSet to Increase Advisor Success

The Next Generation of Client Experience and Proposal Generation TORONTO–(BUSINESS WIRE)–CapIntel, a leading proposal generation and client engagement platform, and FactSet, a global financial digital platform and enterprise solutions provider, have entered a strategic partnership to enhance the wealth management experience. Within the FactSet Workstation, advisors can now create and share CapIntel’s digital, compliant, and […]

Nada Secures up to $25 Million Revolving Credit Facility from Kawa Capital Management to Accelerate Growth of its Home Equity Investment Platform

New financing will accelerate Nada’s home equity agreement origination business and innovative Cityfunds investment platform. DALLAS–(BUSINESS WIRE)–Nada, a leading fintech company offering homeowners debt-free access to home equity, has secured an up to $25 million revolving credit facility from Kawa Capital Management, an alternative asset management firm with over $3 billion in assets under management […]

New Toast Mobile Innovations Help Restaurants Increase Revenue by Owning Their Guest Relationships and Brand

Toast Fall Product Release includes new Branded Mobile App, SMS Marketing, and over a dozen new features designed to help restaurants grow their business and keep guests coming back BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one technology platform built for restaurants, today announced its Fall Product Release with new mobile features designed to help restaurants unlock […]

iCapital® Surpasses US$200 Billion in Global Platform Assets

Illustrates global expansion of private market strategies and the impact of iCapital’s technology platform. Video Interview with Lawrence Calcano, Chairman and CEO of iCapital NEW YORK–(BUSINESS WIRE)–iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announces that it has surpassed US$200 billion in global platform assets. Increased global […]

Rapid Finance Expands API-Supported Small Business (SMB) Disclosure Service to Support Connecticut Commercial Financing Disclosure Requirements

BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Connecticut’s commercial disclosure requirements which took effect on July 1, 2024. Connecticut’s commercial financing disclosure law […]

Mako Fintech Announces Integration with Fidelity Clearing Canada: Enabling Wealth Firms to Drive Their Own Digital Journey

Mako Fintech’s digital onboarding platform and Fidelity Clearing Canada’s tech-driven custody and clearing services allow wealth management offices to scale their client outreach and increase their revenue by opening new accounts faster while reducing operational costs. MONTREAL–(BUSINESS WIRE)–#fintech–Mako Fintech, a leading wealth tech company, is announcing its digital onboarding platform is now available on the […]

Modives Achieves SOC 2 Type II Certification

InsureTech Protects Sensitive Data Through Award-Winning Technology CHARLOTTE, N.C.–(BUSINESS WIRE)–#cardealer–Modives, the insurance tech provider behind CheckMy Driver and CheckMy Resident, today announced that it achieved SOC 2 Type II compliance. This designation reflects its commitment to safeguarding client data across its solutions, providing a secure insurance verification experience for property and auto businesses. SOC 2 […]

TradePMR Enhances New Account Opening Capabilities to Support Advisor Growth

As independent advisors continue to add new clients and grow share of wallet, automated custodial solution helps streamline onboarding processes GAINESVILLE, Fla.–(BUSINESS WIRE)–#Custodian—TradePMR, a technology and custodial services provider for registered investment advisors (RIAs), today announced new enhancements to its account-opening capabilities aimed at streamlining the new client onboarding process. The latest enhancements allow advisors […]

ICE Mortgage Monitor: Average Payment Hits All-Time High; Spiking Insurance Costs Rising at 3X the Rate of Principal, Interest, and Taxes

– The average monthly payment (principal, interest, taxes and insurance, or PITI) among active mortgages hit a record $2,070 in August; up $140 (+7.2%) from last year and $399 (+19.3%) since the start of 2020 – Average PITI on loans originated in the last two years is $600 per month higher than that of 2020/2021 […]

Chimney Collaborates with Jack Henry to Revolutionize How Financial Institutions Engage with Homeowners

Community and regional financial institutions can now show home value, home equity, educational resources, and personalized guidance and offers within their banking app NEW YORK–(BUSINESS WIRE)–Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital […]

Storfund Launches Groundbreaking Financing Solution with TikTok Shop

Daily Advance from Storfund cracks the complexity of ecommerce cash flow on a global scale and the agreement will see the solution deployed in the US LONDON–(BUSINESS WIRE)–Fintech Storfund has announced a new partnership with TikTok Shop that will introduce the first fully embedded cash flow solution in a major US marketplace, an innovation set […]

EveryLife and PublicSquare Extend "Buy For a Cause" Efforts to Support Families Affected by Hurricane Helene

“Buy For a Cause” Extended Through October 11th Amid Record-Breaking Response WEST PALM BEACH, Fla.–(BUSINESS WIRE)–EveryLife, America’s fastest-growing diaper company and a wholly owned subsidiary of PublicSquare (NYSE: PSQH), is extending its partnership with PublicSquare to provide immediate assistance to families impacted by Hurricane Helene. In response to record-breaking generosity and the vast ongoing need, […]

Hyperscale Data’s Defense Subsidiaries Seeing Increase in Demand

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that two of its defense industry subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are seeing an increase in demand for their products, which they believe are due to the current situation in the […]

ZoomInfo Copilot Named a Finalist in The 2024 A.I. Awards

Go-To-Market Platform Recognized in “AI Implementation of the Year” Category from International Cloud Artificial Intelligence Awards Program   Key Takeaways ZoomInfo Copilot is one of seven finalists in the inaugural awards program, cementing its place as an innovative AI platform for go-to-market teams This recognition is a testament to the innovation and tangible benefits of ZoomInfo’s […]

CSI Customer Signature Bank of Arkansas Opens New Banco Sí Branch, Flagship Location Celebrates Two-Year Anniversary

Powered by CSI, the community bank’s fully bilingual bank division provides Spanish-only banking services to Springdale’s growing population PADUCAH, Ky. & SPRINGDALE, Ark.–(BUSINESS WIRE)–Signature Bank of Arkansas, a community bank headquartered in Northwest Arkansas, recently opened its second Banco Sí location in Springdale. The new banking experience allows the bank to reach new customers and […]

Counterpart Adds General Liability Coverage to Bolster Miscellaneous Professional Liability Offering

The new line simplifies the process for both brokers and their clients to get coverage for their most complex exposures LOS ANGELES–(BUSINESS WIRE)–Counterpart, a leading management and professional liability insurtech, today announced the addition of General Liability (GL) insurance to its Miscellaneous Professional Liability (MPL) product line. This new offering provides small businesses access to […]

Priority Makes Plastiq Simpler and More Accessible: All Features Now Available Free for All Businesses

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority has announced a significant change to its bill pay solution, Plastiq. Effective immediately, Plastiq is removing its subscription tiers, making all features – including those previously reserved for premium plans – completely free to use for all businesses. Users will only pay a transparent transaction fee per use. “At Priority, we understand […]

Stenn Opens Atlanta Office

New U.S. headquarters supports global fintech’s strategic growth and expansion plans ATLANTA–(BUSINESS WIRE)–Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, today announced the opening of its new United States headquarters in Atlanta. As a leading fintech hub in the U.S., opening an Atlanta office solidifies Stenn’s […]

Visa Announces Pilot Launch of Visa Commercial Solutions Hub to Unify Its Commercial Payments Ecosystem

New global platform will enable seamless management of business payments with efficient, intuitive and easy to implement solutions SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of […]

iCapital® and Bridge Investment Group Launch Enhanced Performance Reporting for Alternative Investors

The new feature enables investors to access interactive and comprehensive performance reporting for both closed-end and open-ended funds, powered by iCapital’s technology and data solutions. NEW YORK–(BUSINESS WIRE)–#alternatives—iCapital1, the global fintech platform driving access to alternative investments, and Bridge Investment Group (NYSE: BRDG) (“Bridge”), a leading alternative asset manager with more than $48 billion in […]

Independent Bankers Association of Texas and Community Capital Launch the “IBAT Loan Marketplace,” Streamlining Portfolio Management for Texas Banks

Texas community banks can now more efficiently source and close loan transactions – from participations to new loan originations. AUSTIN, Texas–(BUSINESS WIRE)–#bankinnovation–The Independent Bankers Association of Texas (IBAT) announces Community Capital Technology Inc. (Community Capital) as an official “Endorsed Provider” and the launch of the “IBAT Loan Marketplace,” a digital platform designed to empower Texas […]

Summit Partners Raises $9.5 Billion for Twelfth U.S. Growth Equity Fund

Latest flagship fund will continue the firm’s longstanding focus on investing in profitable growth businesses BOSTON & MENLO PARK, Calif. & NEW YORK & LONDON–(BUSINESS WIRE)–#GrowthEquity–Summit Partners, a global growth equity investment firm, today announced the closing of its latest flagship U.S. growth equity fund. Summit Partners Growth Equity Fund XII (“Summit XII”) launched fundraising […]

Circle Appointed to Board Position on U.S. Government-led Partnership to Combat Illicit Finance

The new Illicit Virtual Asset Network (IVAN) is a global public-private partnership to identify and counter criminal threats and activity in real-time BOSTON–(BUSINESS WIRE)–Circle announced today that it holds an inaugural three-year seat on the board of directors of the new Illicit Virtual Asset Network. The group, known as IVAN, brings together governments, law enforcement […]

Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders

PORTLAND, Ore.–(BUSINESS WIRE)–#FinGoal–Digital banking solutions provider Tyfone today announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders. FinGoal’s Insight Platform turns transaction data into highly detailed personas and next best actions for every account holder. Going beyond the standard of merely cleaning transactions with […]

“We’re on a Mission,” says new iconectiv Operativ Task Force

Elite Team of Experts Tackles Real-World Challenges, Powering a Trusted Global Communications Ecosystem BRIDGEWATER, N.J.–(BUSINESS WIRE)–In a world where trust is fragile, identity is priceless and fraud lurks in darkness, there is a critical need for skilled experts ready to take on a wide range of challenges plaguing the global communications ecosystem. Enter the new […]

Fiserv Small Business Index® Steady for September as Spend Shifts to Services

Fiserv Small Business Index is unchanged at 141 Small business sales grew 1.8% year over year, and 0.1% month over month; transactions grew 4.0% year over year, and declined 0.6% month over month MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index […]

Adaptive’s New Control Plane Ends Long-Standing Disconnect Between Data Protection and IAM

With global customers like M2P and recent funding led by Eve Atlas, the scalable zero-trust solution brings modern, enterprise-grade data protection and access control in one to the midmarket ATLANTA–(BUSINESS WIRE)–#AI–Today, Adaptive announced its modern new approach to data protection — a control plane that brokers access and safeguards sensitive information. By protecting data closer […]

Backbase and Middesk Partner to Boost KYB Verification for Banks and Credit Unions

Middesk’s integration will enable financial institutions to verify real businesses instantaneously, reducing fraud and ensuring compliance ATLANTA–(BUSINESS WIRE)–Backbase, the creator of the Engagement Banking Platform, announced today an integration with Middesk, a business identity platform designed to automate business verification and underwriting decisions to help banks and credit unions to mitigate risk and reduce fraud. […]

Rossby Financial Partners with Seeds to Empower Advisors with Personalized Portfolio Management at Scale

Seeds and Rossby pinpoint the solution to a long-standing industry dilemma: how can advisors deliver a more meaningful investing experience without additional operational complexity? NEW YORK–(BUSINESS WIRE)–#AdvisorExperience—Rossby Financial (“Rossby”)—a tech-forward, open architecture enterprise RIA—is proud to announce its partnership with Seeds Investor (“Seeds”)—a leading fintech company enabling advisors to create a personalized investing experience and […]

Options Technology Redefines Market Data Transparency with the Launch of its Atlas Product Suite

NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–Options Technology (Options), a leading provider of capital markets services, today announced the relaunch of its network, market data, and trading infrastructure solutions under a new brand umbrella: Atlas. Atlas, a comprehensive suite of four integrated products, is designed to deliver best-in-class performance and unparalleled transparency for market […]

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