Business Wire

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

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 thumbnail

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 thumbnail

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 thumbnail

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 […]

Canada’s ATB Financial Adopts smartTrade’s Leading FX Solution thumbnail

Canada’s ATB Financial Adopts smartTrade’s Leading FX Solution

CALGARY & TORONTO–(BUSINESS WIRE)–#FX—smartTrade Technologies announced today that Alberta-based ATB Financial, the largest financial institution in the province of Alberta, has adopted smartTrade as its client-facing foreign exchange (FX) web platform. smartTrade is a global provider of multi-asset electronic trading platforms supporting foreign exchange, fixed Income, crypto and derivatives with connectivity to 130+ liquidity providers, […]

Turkish Consumer Finance Company Quick Finans Selects Provenir AI-Powered Data and Decisioning Platform thumbnail

Turkish Consumer Finance Company Quick Finans Selects Provenir AI-Powered Data and Decisioning Platform

Provenir’s no-code platform delivers rapid deployment, flexibility and scalability for a growing company PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI—Provenir, a global leader in data and AI-powered risk decisioning software, announced today that Quick Finans, a consumer finance company located in Turkey, has selected Provenir’s AI-Powered Data and Decisioning Platform to quickly approve and onboard new customers. Quick Finans, […]

TDCX Announces Launch of Digital Customer Experience Center of Excellence in Singapore to Pioneer New CX Solutions thumbnail

TDCX Announces Launch of Digital Customer Experience Center of Excellence in Singapore to Pioneer New CX Solutions

Center will focus on CX solutions that enable hyper personalized and seamless customer engagement physically and in the metaverse SINGAPORE–(BUSINESS WIRE)–TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for innovative technology and other blue-chip companies, announced today the launch of its first Digital CX Center of Excellence […]

Better Launches One Day Mortgage(™) to Revolutionize Home Buying Experience for Americans thumbnail

Better Launches One Day Mortgage(™) to Revolutionize Home Buying Experience for Americans

First-of-its-kind offering allows customers to go from application to full mortgage Commitment Letter within 24 hours vs. typical industry process of 30+ days NEW YORK–(BUSINESS WIRE)–Better, the first fintech lender to achieve $100 bln in funded loans, today unveiled the launch of One Day Mortgage(™), a breakthrough innovation in the real estate industry. For the […]

Bold Commerce Integrates PayPal Bringing Payments and Commerce Together

Bold Commerce Integrates PayPal Bringing Payments and Commerce Together

New Integration Offers Shoppers Flexibility in Payment Methods and Checkout Channel AUSTIN, Texas & WINNIPEG, Manitoba–(BUSINESS WIRE)–Bold Commerce, the ecommerce technology company that powers checkout and subscription experiences for leading retailers and DTC brands, today announced a new integration with PayPal (NASDAQ: PYPL), the financial technology company that empowers consumers and merchants to join and […]

Riaz Ladha and Eric Kirk to Head Valor PayTech’s Strategic Payments Business thumbnail

Riaz Ladha and Eric Kirk to Head Valor PayTech’s Strategic Payments Business

New API Capabilities Introduced to Provide One-Click Integration for Seamless Omnichannel Commerce Enablement JERICHO, N.Y.–(BUSINESS WIRE)–#Bluetooth—Valor PayTech, a rapidly-growing fintech provider of end-to-end, processor-agnostic omnichannel commerce solutions, today announced the appointment of payments veterans Riaz Ladha and Eric Kirk to its new strategic payments business unit. The company also announced general availability of Valor Connect, […]

MeridianLink Expands Business Lending Capabilities thumbnail

MeridianLink Expands Business Lending Capabilities

MeridianLink Business empowers financial institutions to offer fast, reliable business lending to their communities COSTA MESA, Calif.–(BUSINESS WIRE)–$MLNK—MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the availability of MeridianLink® Business. Originally launched as Atlas Platform® by StreetShares®, which was acquired in 2022, MeridianLink […]

GeoComply Targets New Markets with Latest Investors thumbnail

GeoComply Targets New Markets with Latest Investors

Investments led by Norwest Venture Partners and Arctos Sports Partners will support expansion into new verticals and further growth in core markets VANCOUVER, British Columbia–(BUSINESS WIRE)–GeoComply Solutions Inc. (“GeoComply”), the market-leading geolocation security provider, announced today that it has secured minority investments by funds managed by Norwest Venture Partners (“Norwest”) and Arctos Sports Partners (“Arctos”). […]

Intertrust MarketMaker™ Solutions Toolkit to Speed Transition to Web 3.0 for the Creator Economy thumbnail

Intertrust MarketMaker™ Solutions Toolkit to Speed Transition to Web 3.0 for the Creator Economy

Intertrust Platform-based “MarketMaker” combines Web 3.0, token rights management and digital rights management technologies to allow digital marketplace operators and traditional media services providers to support secured NFTs and advanced content distribution models. SAN FRANCISCO–(BUSINESS WIRE)–#creator—Intertrust, the world’s leading trusted distributed computing and rights management provider, today announced Intertrust MarketMaker™, a Web 3.0 solutions toolkit […]

defi SOLUTIONS Announces the Feature and Roadmap Expansion of defi SERVICING, the Software as a Service Solution for Auto Lease or Loan Servicing thumbnail

defi SOLUTIONS Announces the Feature and Roadmap Expansion of defi SERVICING, the Software as a Service Solution for Auto Lease or Loan Servicing

Workflow automation and digitization introduced to help lenders increase productivity, efficiency, and return on asset WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS, provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) announces an expansion of defi SERVICING features and product roadmap. Top lenders in North America have long appreciated the stability and scalability […]

Intuit TurboTax Releases TurboTax Tax Trends Report thumbnail

Intuit TurboTax Releases TurboTax Tax Trends Report

Report reveals Millennials and Gen Z continue to lead the charge in job-hopping, while cryptocurrency transactions were highest among mid-20 and 30-somethings SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks and Mailchimp, releases the TurboTax Tax Trends Report, providing a retrospective look at how finances […]

Tecnotree Announces the Launch of Sensa, for Human Intelligent Experience and Non-Linear Scalability thumbnail

Tecnotree Announces the Launch of Sensa, for Human Intelligent Experience and Non-Linear Scalability

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, post the acquisition of a North American AI/ML company in December 2022, announced the launch of Tecnotree Sensa. Tecnotree Sensa is a new AI-enabled technology that cuts across the Tecnotree portfolio to enable the creation of composable blueprints that will […]

Liquidnet and BondAuction Look to Broaden Access to Book Building Efficiencies

Liquidnet and BondAuction Look to Broaden Access to Book Building Efficiencies

The two firms announce their collaboration to connect auction style primary debt transactions to Order Management Systems (OMS) LONDON–(BUSINESS WIRE)–Liquidnet, a leading technology-driven agency execution specialist, together with BondAuction, an auction platform for the Primary Debt Capital Markets, today announced their partnership to provide their mutual clients access to BondAuction’s offering from their Order Management […]

Fluree Announces Partnership with Fabric — Giving Consumers Control Over Personal Data-Sharing with Brands thumbnail

Fluree Announces Partnership with Fabric — Giving Consumers Control Over Personal Data-Sharing with Brands

Fintech startup Fabric pays consumers simply for watching ads Using Fluree technology, Fabric verifies users are real people — not bots — which solves for identity fraud, transparency and trust for consumers and advertisers Fabric is pioneering a new category of “data rewards” or cash back for consumer data and engagement that offers the opportunity […]

Lumiant Partners with DMW Strategic Consulting to Upgrade the Financial Advice Experience thumbnail

Lumiant Partners with DMW Strategic Consulting to Upgrade the Financial Advice Experience

The partnership will support advisors as they pivot toward a more memorable, impactful and deeply personal financial planning experience. CHICAGO–(BUSINESS WIRE)–#AdviceEngagement—Lumiant, an advice and client engagement platform that empowers advisors to connect with clients and families around their lives, values and finances, today announced a partnership with DMW Strategic Consulting that will support advisors in […]

Flueid Expands Platform, Launches Data-Driven Analysis Report to Uncover Loss Mitigation Strategies for Servicers thumbnail

Flueid Expands Platform, Launches Data-Driven Analysis Report to Uncover Loss Mitigation Strategies for Servicers

New Loss Mitigation Analysis Report uses rich title data, clearance decisions and insights to reveal the viability of potential loss mitigation paths at the start of a servicer’s workflow The offering also features a unique Equity Insights section to help servicers understand a borrower’s available equity as a potential solution in today’s market AUSTIN, Texas–(BUSINESS […]

Forward-Thinking Group of Community Bankers Led By Summit Technology Group Launches Lenders Cooperative to Drive Innovation in Small Business, SBA and Commercial Lending thumbnail

Forward-Thinking Group of Community Bankers Led By Summit Technology Group Launches Lenders Cooperative to Drive Innovation in Small Business, SBA and Commercial Lending

MECHANICSBURG, Pa.–(BUSINESS WIRE)–Recognizing the need for better innovation and solutions to support community bankers’ small business and commercial lending initiatives, Summit Technology Group (STG), a boutique consulting, services and software practice for community banks, along with a large number of its bank clients, announced the official launch of Lenders Cooperative as a standalone, client-owned platform. […]

Wilshire Announces Partnership With FalconX as Its Preferred Digital Asset Index Product Provider thumbnail

Wilshire Announces Partnership With FalconX as Its Preferred Digital Asset Index Product Provider

New single-, multi-coin and thematic indexes offer seamless spot and swaps trading LONDON & SANTA MONICA, Calif.–(BUSINESS WIRE)–Wilshire, a leading global financial services firm committed to enhancing and modernizing the way that indexes are built, maintained and licensed has entered a partnership with FalconX to develop a range of single-coin, multi-coin and thematic indexes, providing […]

iVertical Payment Network Selects Sionic to Eliminate the Risk of ACH Funding for its Smart Gift Card Program thumbnail

iVertical Payment Network Selects Sionic to Eliminate the Risk of ACH Funding for its Smart Gift Card Program

Sionic’s Pay-by-Bank Service Enables Consumers to Instantly Load Funds to Merchant Gift Cards ATLANTA & BOCA RATON, Fla.–(BUSINESS WIRE)–#CashlessPaymentPlatform–Sionic, a leading provider of omni-commerce, faster digital payments solutions, today announced a strategic agreement with iVertical Payment Network (iVPN), a proprietary payments platform, to provide its Pay-by-Bank faster payments service to reinvent the gift card industry […]

TNEDICCA and Archenia Rewrite Insurance Lead Generation Playbook with Exclusive Tech Partnership thumbnail

TNEDICCA and Archenia Rewrite Insurance Lead Generation Playbook with Exclusive Tech Partnership

Use of TNEDICCA’s proprietary Location Risk Score to improve quality of direct sales leads, addressing industry-wide auto insurer profitability challenges COLUMBUS, Ohio & SEATTLE–(BUSINESS WIRE)–#Archenia—TNEDICCA®, a leader in traffic crash data and location risk analytics, and Archenia™, a market leader in insurance lead generation and qualification, are combining their strengths with an exclusive technology partnership […]

Valid8 Financial Debuts Verified Financial Intelligence — A New Category of Enterprise Software That Transforms Raw Accounting Evidence Into Verified Intelligence thumbnail

Valid8 Financial Debuts Verified Financial Intelligence — A New Category of Enterprise Software That Transforms Raw Accounting Evidence Into Verified Intelligence

New VFI Platform Accelerates Engagements and Automates Verification Procedures Allowing CPAs and Attorneys to Deliver Robust Professional Opinions With Less Risk DENVER & SEATTLE–(BUSINESS WIRE)–Valid8 Financial, a global leader in Forensic Accounting software, today announced the availability of a new category of enterprise software for CPAs and attorneys — Verified Financial Intelligence (VFI). As a […]

Embedded Finance, Web3 and ESG Lead 2023 Fintech Investment Amid Recessionary Pressures, according to FIS® Global Innovation Report thumbnail

Embedded Finance, Web3 and ESG Lead 2023 Fintech Investment Amid Recessionary Pressures, according to FIS® Global Innovation Report

Key facts A global study of 2,000 executives at firms across markets revealed plans to increase investment in embedded finance, environmental, social, and governance (ESG) frameworks, and decentralized finance in 2023, including cautious optimism towards cryptocurrency. 44% of financial services firms’ executives across the globe say they will invest significantly in developing embedded finance products […]

Zurp Raises $5M Pre-Seed Round to Launch The Credit Card for Experiences thumbnail

Zurp Raises $5M Pre-Seed Round to Launch The Credit Card for Experiences

Backed by Scott Belsky, Kendrick Nguyen and Animal Capital, among other strategic investors, Zurp will be exiting beta and preparing for the rollout of their credit card for superfans NEW YORK–(BUSINESS WIRE)–Zurp, a fintech platform rethinking the creator/fan dynamic, today announced its pre-seed capital raise of $5M with participation from New Form, MAGIC Fund, Launchpad […]

MPOWER Financing and inSpring Partner to Enhance International Students’ Employment Outcomes thumbnail

MPOWER Financing and inSpring Partner to Enhance International Students’ Employment Outcomes

 The two leading student financing and talent mobility companies commit to supporting students’ career readiness and job placement after graduation WASHINGTON–(BUSINESS WIRE)–MPOWER Financing, a mission-driven fintech firm and the leading provider of education loans to promising international and DACA students, announced a new strategic partnership with inSpring, an organization dedicated to supporting students’ career outcomes […]

Penny Finance Signals a New Era for Women With Their AI-powered Financial Platform thumbnail

Penny Finance Signals a New Era for Women With Their AI-powered Financial Platform

Watch out, financial advisors: 6,000 women already lean on Penny’s expertise for financial mentorship BOSTON–(BUSINESS WIRE)–#financialwellness—Penny Finance, the first online financial mentorship platform for women, today announces the launch of an all-in-one community feature. The new community feature provides a welcoming space for women where they can come together and share advice on financial wellness […]

TOGGLE AI Unveils Novel Educational App, WhatIF: Earnings℠ thumbnail

TOGGLE AI Unveils Novel Educational App, WhatIF: Earnings℠

As a part of their commitment to increasing financial literacy and democratizing access to data, the award-winning team at TOGGLE developed WhatIF: Earnings, a first-of-its-kind app that enables any user to harness the power of data and artificial intelligence to understand earnings. NEW YORK–(BUSINESS WIRE)–TOGGLE AI, the award-winning investing dashboard, announced today the launch of […]

New Vodcast Series: The Future of Alternative Investments thumbnail

New Vodcast Series: The Future of Alternative Investments

For Business Reporter’s Future of Financial Services & Banking Campaign, Dynamo Software’s CEO & Product Leaders Address Managing the Data Deluge, Accuracy of Investment Reporting, and the Ability to Deliver Smart, Successful Investment Management BOSTON–(BUSINESS WIRE)–#AlternativeInvestments–Alternative investments FinTech Dynamo Software, in partnership with Business Reporter and Bloomberg, announced the release of a four-part Alternative Investments […]

Businesses Respond to Inflation With Investment in Tech Transformation as Concerns of Recession Linger - Taulia thumbnail

Businesses Respond to Inflation With Investment in Tech Transformation as Concerns of Recession Linger – Taulia

SAN FRANCISCO–(BUSINESS WIRE)–Financial decision-makers across regions are investing in automation (37%) and supply chain technology (37%) as businesses respond to inflation and lingering concerns about a recession, according to new research from Taulia, the working capital management solutions provider. The survey, which was carried out amongst more than 500 senior financial decisions-makers in the U.S., […]

Renewable Energy Premiums on the Rise: kWh Analytics Partners with Aspen Insurance to Launch Property Insurance thumbnail

Renewable Energy Premiums on the Rise: kWh Analytics Partners with Aspen Insurance to Launch Property Insurance

Utilizing its proprietary database of over 300,000 renewable energy assets. kWh Analytics’ new solution to underwriting risk offers much needed capacity to meet the rapid growth of generating facilities SAN FRANCISCO–(BUSINESS WIRE)–#InsuranceForOurClimate–kWh Analytics, the industry leader in Climate Insurance, announced today the launch of their highly anticipated Property Insurance for renewable energy assets with capacity […]

AWS Launches Second Infrastructure Region in Australia thumbnail

AWS Launches Second Infrastructure Region in Australia

Second AWS Region in Australia provides customers with more options to run workloads with even greater resilience and availability, securely store data in Australia, and serve end users with even lower latency The new AWS Asia Pacific (Melbourne) Region is estimated to support an average of more than 2,500 full-time jobs annually through a planned […]

Advisor360° Deepens its Insurance Capabilities on Policy Riders thumbnail

Advisor360° Deepens its Insurance Capabilities on Policy Riders

New Insurance Rider Access in Fourth Quarter of 2022 Caps Year of Robust Innovation WESTON, Mass.–(BUSINESS WIRE)–#Data—Advisor360°, a leading provider of integrated technology for broker-dealers and other wealth managers, has made it easier for advisors to view the policy riders that are attached to their clients’ in force insurance policies. The upgraded capability, which was […]

Solo introduces the ability to file taxes directly in the app thumbnail

Solo introduces the ability to file taxes directly in the app

Gig workers can now keep more of their hard earned cash by easily filing their taxes on-time and with the highest deductions SEATTLE–(BUSINESS WIRE)–Solo, the all-in-one business app that empowers independent workers to manage their finances, today announced it will be launching an intuitive, easy-to-use tax filing service on its app. The Solo tax filing […]

Shufti Pro Sweeps Ultimate FinTech Awards 2023 with Three Major Wins thumbnail

Shufti Pro Sweeps Ultimate FinTech Awards 2023 with Three Major Wins

Meta Description: Globally acclaimed for its state-of-the-art identity verification and KYC/AML solutions, Shufti Pro wins three major Ultimate Fintech Awards MEA 2023. LONDON–(BUSINESS WIRE)–#aml—Shufti Pro, a highly reputable identity verification solution provider, wins three Ultimate FinTech Awards 2023 under the categories of “Best Fintech AI Solution,” “Best Regtech Reporting Solution,” and “Best Client Onboarding Solution.” […]

ICE Launches Carbon-Neutral U.S. Electricity Futures Index thumbnail

ICE Launches Carbon-Neutral U.S. Electricity Futures Index

Leverages innovative index methodology from Carbon Neutral Investment Company ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, today announced the launch of the first carbon-neutral U.S. electricity futures index. With the market focused on the build out of North American renewable generation and its impact on […]

FV Bank Launches Cross-Border FX Payments Service thumbnail

FV Bank Launches Cross-Border FX Payments Service

New offering provides fast, secure, competitive international FX payment options for global businesses SAN JUAN, Puerto Rico–(BUSINESS WIRE)–FV Bank (www.fvbank.us), the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has today announced the launch of their cross-border foreign exchange […]

New Ireland Becomes Newest FINEOS Client thumbnail

New Ireland Becomes Newest FINEOS Client

DUBLIN–(BUSINESS WIRE)–#claims—FINEOS Corporation (ASX:FCL) and New Ireland Assurance Company plc today announced they have signed an agreement to provide the FINEOS Platform as a claims solution for group and individual income protection, life and critical illness (CI). This investment comes as New Ireland looks to leverage new technologies to provide a superior claims experience for […]

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