Business Wire


Major Update: B2Broker Adds Match-Trader White Label

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#B2BX–After integrating cTrader in 2022, B2Broker has continued to expand, with the integration of Match-Trader being the most recent. By adding Match-Trader, B2Broker, a worldwide provider of liquidity and technology for the FX and cryptocurrency markets, has announced the extension of its white label liquidity service. Thanks to this new integration, […]

MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the Past 12 Months

─ Chimera Abu Dhabi invests more than $200 million in Egypt’s leading fintech ─ Company also raises US $140 million through two securitized bond issuances ─ Company is in advanced stages to close additional $60 million of primary capital from international investors CAIRO–(BUSINESS WIRE)–#digitaldisruption–MNT-Halan, Egypt’s leading and fastest growing fintech ecosystem, announced today that Chimera […]

ACI Worldwide Increases Global Reach, Powering 25 Domestic and Pan-Regional Real-Time Schemes

ACI covers approximately one-third of the countries that offer real-time payments services MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced the expansion of the global reach of its industry-leading, real-time payments software solutions. ACI now powers 25 domestic and pan-regional real-time schemes across six continents — including nine […]

CI Direct Investing Boosts Commitment to Straightforward Saving and Investing with Educational Collaboration

TORONTO–(BUSINESS WIRE)–$CIX #CIDirectInvesting–Online wealth management platform CI Direct Investing announces a collaboration with CacheFlo, a fintech specializing in behaviour-based education and tools, to help Canadians overcome the “knowing-doing gap” when it comes to saving and investing. CI Direct Investing, a subsidiary of CI Financial Corp., and CacheFlo have created two simple and interactive lessons to […]

MDT Expands Relationships with Credit Unions, Prioritizes Innovation in 2022

CUSO shares updates from an eventful year, demonstrates dedication to partnership and collaboration 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 provided highlights from 2022 including expanded partnerships, successful client conferences […]

Q2 Announces Fourth Capital as Its First Bank Partner to Offer Rocket Mortgage’s Digital Home Loan Process

Powered by Q2, Fourth Capital can now provide clients with easy access to Rocket Mortgage directly from the bank’s mobile app and online banking experience AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Fourth Capital Bank – a Nashville, TN-based community bank – […]

White-Label Mobile App Based on the Sila ACH API Now Available on iOS and Android

– The app branded as Nitro saves fintech entrepreneurs significant amounts of time and money – Sila and Digital Geko formally announce strategic partnership PORTLAND, Ore.–(BUSINESS WIRE)–#AnewFinancialWorld—Sila Inc., a fintech software platform that provides payment infrastructure as a service, and Digital Geko, a web and mobile app developer, today announced the launch of Nitro, a […]

Usio’s Innovative and Proprietary Card Issuing Platform Helps Accelerate Exclusive Partner MoviePass’ U.S. Expansion

Movie Pass now live in nine cities and continues to expand after completing latest funding round SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated electronic payment solutions provider, today announced their exclusive partner, MoviePass, which leverages Usio’s innovative and proprietary prepaid card issuing platform and unique external authorization engine to fund transactions for […]

Percent Wraps 2022 with Significant Growth, Achievements, Product Launches, and Partnerships

Private credit innovator, Percent, concludes 2022 with record growth, fueled by numerous accomplishments, launches and innovative partnerships, and enters 2023 with significant momentum despite economic volatility NEW YORK–(BUSINESS WIRE)–Percent, the revolutionary platform that has created the modern credit marketplace, closed out 2022 with record-setting volume increases. Additionally, the company made a series of transformative partnerships, […]

Hippo Expands its Fastest-Growing Channel with Launch of Hippo Builder Insurance Agency

New agency leverages Hippo’s proprietary tech, allowing small and medium-sized builders to partner with leading insurtech at no cost PALO ALTO, Calif.–(BUSINESS WIRE)–Hippo (NYSE: HIPO), the home insurance group focused on proactive home protection, today announced the expansion of its fastest-growing channel with the launch of the Hippo Builder Insurance Agency (HBIA). The new agency […]

Alpaca VC & CRETI Launch PropCo Data Initiative

Partnership to deliver PropCo data, analytics and funding figures for the first time NEW YORK–(BUSINESS WIRE)–Alpaca VC, the multi-stage venture capital firm led by former founders investing at the intersection of the physical and digital worlds, and the Center for Real Estate Technology & Innovation (CRETI), the PropTech think tank and research center, announce their […]

Fiserv Included in 2023 Bloomberg Gender-Equality Index

Company stands out for its success in creating an inclusive culture BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been named to the 2023 Bloomberg Gender-Equality Index (GEI), receiving recognition among companies from a variety of industry sectors representing 45 countries and regions. This marks […]

SRM Releases Report on Five Areas to Watch for CFPB Action

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, today released its most recent report: “Keeping Watch Over for the Watchdogs: SRM’s Take on What to Expect from the CFPB in 2023.” Click to Download SRM notes that banks and credit unions have […]

Swimlane Announces Record Year with 123% New ARR Growth

14 New Fortune 500 Companies Choose Swimlane as Sole Source for Security Automation BOULDER, Colo.–(BUSINESS WIRE)–Swimlane, the low-code security automation company, today announced record financial results with 123% year-over-year (YoY) growth in new annual recurring revenue (ARR) and 129% YoY growth in international ARR for fiscal year 2022. With these results, Swimlane continues to be […]

Trulioo Launches New Global Identity Verification Platform

Company Combines Best-in-Class Capabilities and Workflow Tools to Help Customers Manage Growth, Innovation and Compliance VANCOUVER, British Columbia–(BUSINESS WIRE)–#aml—Trulioo has launched an industry-defining global identity platform for person and business verification. The Trulioo platform showcases the company’s expertise and innovation in helping businesses worldwide build trusted user experiences while achieving regulatory compliance and optimizing growth. […]

Boulevard Continues Momentum with Fourth Consecutive Year of Triple-Digit Revenue Growth

Company now processes over $1.5 billion in payments annually on industry’s premier client experience platform for self-care businesses LOS ANGELES–(BUSINESS WIRE)–Boulevard (www.joinblvd.com), provider of the client experience platform purpose-built for appointment-based, self-care businesses, today announced that it posted its fourth consecutive year of triple-digit revenue growth in 2022. Demonstrating the resiliency of both its own […]

Admitad grows into “Mitgo” – with $75-$100 million in investment by 2025

SÃO PAULO–(BUSINESS WIRE)–#AdTech–Since its founding in 2009, Admitad has become a Global Partner Network and leader in the partnership marketing industry. In 2022, its services and platforms generated more than 130 million orders for 35,000 brands and online merchants, and monetised the audiences of more than 100,000 publishers. The past five years have seen a […]

Juniper Research: Over 320 Million Credit Cards to Be Issued Globally by 2027, as Digital Card Issuance Platforms Expand into New Markets

BASINGSTOKE, England–(BUSINESS WIRE)–#creditcards–A new study from Juniper Research has found that the number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, from 120 million in 2023. This growth of almost 170% reflects the use of new advanced digital capabilities, such as digital loyalty schemes and instant issuance, […]

Fiserv Looks to Support New Payment Flows with Major Payment Institution License from Monetary Authority of Singapore

Company’s local operating entity granted license to provide merchant acquisition and domestic and cross-border money transfer services under the Payment Services Act SINGAPORE–(BUSINESS WIRE)–A Fiserv, Inc. (NASDAQ: FISV) operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the […]

Outsourcing Helps Australian Insurers Mount Obstacles

Insurance companies are working with service providers to compete in a changing industry while facing rising claims, ISG Provider Lens™ report says SYDNEY–(BUSINESS WIRE)–#ERP–Insurance companies in Australia are turning to business process outsourcing (BPO) providers to overcome recent major challenges, meet changing consumer expectations and remain competitive, according to a new research report published today […]

Ncontracts Announces Launch of Risk Performance Management (RPM)

Latest suite combines RegTech leader’s most powerful risk and compliance management solutions BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, is helping to define a new category and view of risk management with the release of its Risk Performance Management (RPM) Suite. The RPM Suite combines […]

 Orion Champions Effort to Connect 10,000 Advisors to Families Facing Financial Hardships

 Wealthtech leader pledges support to the Foundation for Financial Planning’s ProBonoPlannerMatch.org initiative and offers free planning technology to advisors OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, announced today expanded financial support of the Foundation for Financial Planning (FFP) and its mission to bring free, quality financial advice […]

Owlin Launches End-to-End KYC Solution for Payment Service Providers

NEW YORK & AMSTERDAM–(BUSINESS WIRE)–#fintech–Today, AI platform Owlin announced the launch of Owlin for KYC, offering Payment Service Providers (PSPs) a single solution for onboarding, monitoring, and offboarding merchants. With this new solution, Owlin helps PSPs with some of their most pressing priorities around meeting recent regulatory requirements and dealing with the insecurities that come […]

Durlston Partners Launches in the US

LONDON–(BUSINESS WIRE)–Durlston Partners, an expert talent advisory firm, specialising in technology, quantitative finance and data science, is delighted to announce the launch of its US office in New York City, marking the first in a series of planned openings globally. The New York office, which is located just north of Midtown, will deliver talent advisory […]

Ault Alliance Announces that BITNILE.com Will Launch March 1, 2023

Stockholders Invited to Participate in Online Tour February 28, 2023 LAS VEGAS–(BUSINESS WIRE)–$AP #AULT—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Company”), announced today it is inviting its stockholders to a tour of its next-generation marketplace, BITNILE.com, on February 28, 2023. The tour […]

iShares® iBonds® 2023 Term Maturity ETFs Near Final Distribution Dates

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of two 2023 iBonds ETFs, which possess the following timelines for trading, net-asset value (NAV) circulation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBCE iShares® iBonds® Mar 2023 Term Corporate ex- Financials ETF NYSE Arca 3/30/2023 3/30/2023 […]

Insurtech COVU Leverages OpenAI to Streamline Insurance Agency Operations

REDWOOD CITY, Calif.–(BUSINESS WIRE)–COVU, the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. COVU is a pioneering insurtech startup that gives independent agencies comprehensive support and cutting-edge […]

ICE Announces Plans to Implement EU Market Correction Mechanism and Related Price Cap on TTF Natural Gas

AMSTERDAM & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced how it intends to implement the European Union’s Market Correction Mechanism Regulation (MCM Regulation) and related price cap on TTF natural gas derivatives, in time for entry into force of the regulation. ICE Endex, based […]

Greenwood Powers ‘Classically Ours’ Featuring Jeezy with the Atlanta Symphony Orchestra and Provides Exclusive Access to Elevate Members

Through New Lifestyle and Career Membership, Elevate, Greenwood also Provides Exclusive Access to the One-Night Only, Sold Out Performance ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and businesses, is powering the debut performance of Classically Ours, a new concert series that blends the music of some of the biggest names in […]

Earnest Appoints New Chief People and Chief Technology Officers

CPO Leanne Loveday-Smith and CTO Meetesh Karia to Support Strategic, Long-Term Growth and Evolution of Leading Fintech Company SAN FRANCISCO–(BUSINESS WIRE)–Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, today announced two strategic additions to the executive team: Chief People Officer (CPO) Leanne Loveday-Smith, SPHR, M.S. and Chief Technology Officer […]

Bankers Helping Bankers Names PULSE® Exclusive Debit Partner

Partnership advances Bankers Helping Bankers’ mission of empowering community banks HOUSTON–(BUSINESS WIRE)–Bankers Helping Bankers, an online platform that promotes innovation among community banks, has named Discover® Financial Services’ PULSE® debit network its exclusive debit partner. The agreement builds upon PULSE’s longstanding support of community banks and the Independent Bankers Association of Texas (IBAT), which co-founded […]

PFU Wins Two Industry Awards for Product Excellence in Document Scanning

Keypoint Intelligence names fi-8170 a BLI 2023 Scanner Pick Award winner; ScanSnap iX1300 selected by IoT Breakthrough Awards for Wireless Technology Innovation Award SUNNYVALE, Calif.–(BUSINESS WIRE)–PFU, the global leader in document imaging and manufacturer of Fujitsu and ScanSnap brand document scanners, today announced award wins in product excellence and innovation for two of the company’s […]

CFM and NXTsoft Announce Strategic Combination

Transaction unites two leading software companies driving digital transformation in banking via API connectivity solutions TEMPE, Ariz. & BIRMINGHAM, Ala.–(BUSINESS WIRE)–OceanSound Partners, a growth-oriented private equity firm, today announced that its portfolio company, CFM, has merged with NXTsoft. The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial […]

Truv Launches Direct Deposit Switch Partnership with Digital Bank Totem

Truv and Totem partner together to enable a seamless direct deposit switching experience for Totem’s new customers who sign up for the digital bank by and for Native Americans. MIAMI–(BUSINESS WIRE)–#buildtruv–Truv announced a partnership with Totem to enable automatic direct deposit switching through Truv’s consumer-permissioned data platform to all of Totem’s customers. This partnership is […]

MacMillan Communications Is Now Craft & Capital

Leading finance-focused public relations firm unveils new name and look while celebrating a legacy of creative, client-focused communications efforts NEW YORK–(BUSINESS WIRE)–MacMillan Communications, a leading provider of public relations services to the finance industry since 1996, today unveiled its new brand: Craft & Capital. Founded by Mike MacMillan, one of the early innovators in providing […]

Fullstack Academy and Nexus at Michigan Engineering Partner to Train Qualified Tech Professionals in the Region

Five tech bootcamp options will train students for in-demand tech jobs across Michigan NEW YORK–(BUSINESS WIRE)–Fullstack Academy, a national tech education provider, today announced its partnership with Nexus at Michigan Engineering to provide tech training bootcamps specializing in data analytics, DevOps, artificial intelligence, fintech with blockchain, and business analytics to aspiring tech talent in Michigan. […]

Velocity Solutions Launches the Retail Performance Engine™ to Help Drive Core Deposits and Other Checking Account KPIs

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#CheckingAccount–Velocity Solutions has launched its Retail Performance Engine™ to help community banks and credit unions boost performance of their consumer checking accounts, from the initial acquisition stage all the way to retention. The Engine is made up of a group of proven solutions that are powered by the Velocity Intelligent Platform™ and […]

Quadrata Brings Digital Identity to DeFi Through Partnerships

Partners will utilize Quadrata’s passport network to keep bad actors off their platforms, provide a streamlined KYC process and unlock capital efficiency for its users MARINA DEL REY, Calif.–(BUSINESS WIRE)–Quadrata, a Web3 identity solution bringing compliance and reputation to public blockchains has partnered with nine DeFi protocols: TrueFi, Archblock, BSOS, Frigg.Eco, Cred Protocol, Chelo Finance, […]

Axis Announces Auto Loan Portfolio Purchase

TORONTO–(BUSINESS WIRE)–Axis Auto Finance Inc. (“Axis” or the “Company”), (TSX: AXIS) a fintech lender servicing the alternative auto finance market, announced today that it has purchased a portfolio of auto loans (“Portfolio”) from an Ontario based competitor (“Vendor”). Highlights: $17.2 million in auto loan balances The purchase will boost the Axis owned auto loan portfolio […]

Grasshopper Bank Partners with MANTL to Enhance its Digital Deposit Origination Platform for Business Clients and Develop Industry-First Fully-Automated Business Online Loan Origination Solution

This partnership will expand MANTL’s product suite and advance the company’s vision to create ‘one digital front door’ for banks and credit unions NEW YORK–(BUSINESS WIRE)–Grasshopper Bank, the client-first digital bank serving the business and innovation economy, today announced a new partnership with MANTL, a leading provider of account origination solutions, to create efficiencies that […]

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