Business Wire


Payoneer receives in-principle regulatory approval in Singapore

As a Major Payment Institution License holder, the company can expand payments offerings in the country NEW YORK–(BUSINESS WIRE)–Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once […]

TaskUs Named ‘Leader’ in Frost & Sullivan’s ‘Frost Radar: North American Customer Experience Outsourcing Services Market’ 2022 Report

NEW BRAUNFELS, Texas–(BUSINESS WIRE)–TaskUs, a provider of next-generation digital customer experience and AI outsourcing services to fast-growing technology companies, was recognized by Frost & Sullivan as a Leader in its “Frost Radar: North American Customer Experience Outsourcing Services Market” 2022 report. Frost & Sullivan distinguishes companies across regional and global markets for their achievements in […]

Edison Partners invests $15 million in Schedule K-1 automation disruptor K1x, Inc.

Investment will help K1x scale its business of transforming Schedule K-1 aggregation and packet production from a laborious manual process to an automated process PRINCETON, N.J.–(BUSINESS WIRE)–#EdisonPartners—Edison Partners, a leading growth equity investment firm, today announced a $15 million investment in K1x, the leading provider of automated solutions for aggregation and packet production for the […]

Wolters Kluwer Indicator “pain index” highlights significant risk and regulatory compliance concerns for U.S. lenders

10th annual survey reveals regulatory change management as a key challenge alongside concerns regarding new regulations MINNEAPOLIS–(BUSINESS WIRE)–#RiskManagement–Keeping pace with the volume, scope and breadth of regulatory changes tops the list of key concerns facing U.S. banks, credit unions, and other lenders, according to the results of Wolters Kluwer’s latest Regulatory & Risk Management Indicator […]

CoreChain Partners with Odoo to Embed B2B Payments and Financing for Small and Midsize Businesses

Open Source ERP Leader to Offer Blockchain-based Embedded Payments and Finance Solution SAN FRANCISCO & NEW HAVEN, Conn.–(BUSINESS WIRE)–#ERP—CoreChain Technologies, the first B2B payments network built on blockchain, today announced that it has partnered with Odoo, a leader in open source all-in-one business software, to provide embedded B2B payments and financing for Odoo’s ecosystem of […]

CWB and Brim Expand Partnership to Deliver Innovative New Business Credit Card Program

TORONTO–(BUSINESS WIRE)–Brim Financial and Canadian Western Bank (CWB) announced today the expansion of their partnership with a new business credit card offering. After a successful partnership and rollout of CWB’s personal credit cards, CWB and Brim are introducing an innovative suite of credit card products for CWB’s business banking clients. The cards are powered by […]

Rakuten France Launches New Integrated Payment and Cashback Solution, Club R Pay

Rakuten France partners with Mastercard and Marqeta with the launch of Club R Pay, becoming the first e-commerce player to offer an integrated digital payment method linked to a cash-back system LONDON–(BUSINESS WIRE)–Rakuten France has announced the launch of a brand-new integrated payment solution, Club R Pay, becoming the first e-commerce player to offer such […]

United Fintech Acquires Cobalt To Strengthen FX & Digital Assets Trading Capabilities

LONDON–(BUSINESS WIRE)–#finance—United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation. This is United […]

ICE Global Network Expands in Key Asian Markets

Enhancements in Hong Kong, Shanghai and Tokyo offer managed hosting services and ultra-low-latency connectivity to global markets and data ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the expansion of the ICE Global Network in the Asia Pacific region, with new access centers in Hong […]

MyComplianceOffice amplifies reach and growth with milestone acquisition and new products

Acquisition of Schwab Compliance Technologies in May 2022 cements position of MyComplianceOffice as a leading authority in compliance technology Ambitious growth strategy sees over 25% of annual revenues invested in R&D to support continual enhancements to the MyComplianceOffice platform NEW YORK–(BUSINESS WIRE)–#asiarisk–Global conduct risk and compliance technology provider MyComplianceOffice (MCO) had another strong and successful […]

Guidewheel Adds $9M in Series A-1 Funding to Empower Factories to Improve Margin and Reach Sustainable Peak Performance

New funding from Breakthrough Energy Ventures and others will support Guidewheel in deploying plug-and-play FactoryOps to empower the world’s factories to cost-effectively drive both financial and sustainability goals SAN FRANCISCO–(BUSINESS WIRE)–Guidewheel, the leading FactoryOps platform, today announced it has closed $9M in Series A-1 funding led by Breakthrough Energy Ventures, with participation from other existing […]

ICE Announces a Unique Wealth Management Platform Integration with BNY Mellon | Pershing

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, and BNY Mellon | Pershing, a leading provider of clearing and custody solutions, announced today that the web-based version of the ICE Connect wealth management platform has been integrated into BNY Mellon | Pershing’s clearing and custody platform […]

Copper Launches Teen Investing Product To Power A Younger Generation of Investors

After engaging with 1,200,000+ Banking app users, Copper automates and simplifies real-world investing for teens from the ground up. SEATTLE–(BUSINESS WIRE)–Copper, the go-to banking app that truly teaches teens and kids about money and sets them up for future financial success, announced today its expansion to Copper Investing, a teen-centric Registered Investment Advisor (RIA). Copper […]

Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation

During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners. WASHINGTON–(BUSINESS WIRE)–During the U.S-Africa Business Forum, Visa (NYSE: V) today announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, […]

CyberLink’s FaceMe® Receives FIDO Alliance UAF Level 1 Certification

As a UAF Level 1 Certified FIDO Alliance member, CyberLink’s FaceMe shows the world that it meets a variety of stringent identity verification standards that are required in today’s global financial and technology industries. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp., a pioneer of AI and facial recognition technology, announced that its facial recognition engine FaceMe®, has received […]

EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers

WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced today that Cullman, Ala.-based, EvaBank ($396 million asset) has selected Lokyata’s AI-powered credit decisioning tools, ExcelRate and BankAnalyze, to fully automate its consumer lending process and support the bank’s mission to expand the availability of credit to members […]

University Credit Union Partners with ASA to Empower Members with Greater Choice and Control

Credit union embraces collaborative banking to quickly introduce new technology, enhance member experience PROVO, Utah–(BUSINESS WIRE)–ASA is an embedded fintech solution that connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. The company today announced that $1.2 billion asset University Credit Union has partnered with ASA to enable quicker […]

New FICO Report: Fraud Protection is Top Priority for Canadians When They Choose a Financial Provider

A new survey from FICO focused on consumer perception of how financial organizations manage fraud found that 69% of Canadian consumers rank good fraud protection as one of their top three requirements when opening a new financial account Highlights: The Consumer Fraud Survey measured 1,000 Canadians on their fraud preferences when choosing to open an […]

DataVisor Announces $40 Million Strategic Growth Investment Led by Brighton Park Capital

New Funding Will Accelerate Global Go-to-Market Strategy and Increase Platform Scale MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, a US company and a global leader in online fraud detection and risk management software for financial services and digital commerce, today announced that it has secured a $40 million strategic growth investment led by Brighton Park Capital (“Brighton Park”), […]

AMC Theatres® Announces a Co-Branded Credit Card; Perfect for AMC Moviegoers and AMC Shareholders, the AMC Entertainment Visa Card Enables AMC Stubs Members to Earn Rewards Faster Through Everyday Purchases

Coming in early 2023, the AMC Entertainment Visa Card – the only credit card of its kind in the U.S. theatrical exhibition industry – will offer credit card holders the opportunity to earn additional AMC Stubs rewards points when they use their AMC Entertainment Visa Card at the movies and on everyday purchases New cardholders […]

Introducing SPACE by TELUS International

New virtual recruitment platform increases the speed of the recruitment and hiring process, broadens the global recruiting talent pool, and maximizes candidate engagement It offers job seekers an immersive game-like experience where they can learn about company culture, team member benefits, complete interviews and sign their employment contract all from the comfort of their homes […]

Wise: Energy Crunch Causing SMBs to Relive the Ghosts of Covid Christmases Past

– Three-quarters of UK’s SMBs expecting this Christmas to be as tough, if not tougher, than past two – UK’s ‘Gift of the Year 2022’ winner sees sales down 50% on 2020, 2021 LONDON–(BUSINESS WIRE)–#WisePlatform–Three-quarters (76%) of UK small- and medium-sized businesses (SMBs) believe that this Christmas will be as challenging as the past two, […]

Fortanix Data Security Manager (DSM) Available to UK Public Sector on G-Cloud 13

Listing eases access to best-in-class data security solutions LONDON–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security company and the pioneer of Confidential Computing, today announced that its industry-leading Fortanix Data Security Manager is now approved for the G-Cloud Framework and available on G-Cloud 13. The UK Government G-Cloud eases procurement of cloud computing solutions by public […]

Axerve Partners With ACI Worldwide to Help eCommerce Businesses Grow Revenues in the U.K.

Axerve’s Payment Orchestra™ will integrate ACI Secure eCommerce to enhance the payments experience for merchants, increase cart conversion rates and boost sales. ACI Secure eCommerce offers payments orchestration and fraud prevention services to eCommerce merchants — helping them to increase conversion rates and revenues. Axerve’s Payment Orchestra™ allows independence from payment service providers (PSPs) and […]

Dubai-based NOW Money Selects ThetaRay AI Tech to Prevent Financial Crime on the Inclusive Banking App

Deal marks expansion of ThetaRay AI SaaS solution into GCC fintech community DUBAI, United Arab Emirates & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced a collaboration to implement ThetaRay’s cloud-based AML solution […]

Old Glory Bank Introduces Old Glory Pay

Proprietary, cancel-proof system Account reservations are now open www.oldglorybank.com ELMORE CITY, Okla.–(BUSINESS WIRE)–As part of its promise to never cancel law-abiding customers for their beliefs, Old Glory Bank announces 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 […]

New Report Shows the Importance of the Billing Process When Patients Evaluate Healthcare Providers

The 2022 Patient Payment Technology Report from Salucro shows how healthcare consumers are responding to the latest trends in revenue cycle technology. PHOENIX–(BUSINESS WIRE)–Salucro Healthcare Solutions, a leading healthcare financial technology company, today released its 2022 Patient Payment Technology Report, an annual study designed to aid healthcare providers in understanding and following trends in the […]

Galileo Launches Direct Deposit Switch Powered by Atomic

New financial feature boosts customer lifetime value for banks and fintech firms while expanding financial access and control for consumers SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced the launch of Galileo Direct Deposit Switch. Powered by Atomic, the infrastructure […]

Insurity Enables Digital Payments to Transform Claims Payments Process for P&C Insurance Organizations

Via collaboration with Dream Payments and J.P. Morgan Payments, Insurity enables P&C insurers leveraging Sure Claims Payments to reduce operational costs, increase policyholder satisfaction, and easily stay secure and compliant HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced its commercial partnership with Dream Payments and connectivity […]

Total Economic Impact study of Sumsub reveals 240% ROI

Independent study indicates present value savings for businesses of $3,21M over 3 years thanks to reducing the cost of identity fraud with Sumsub LONDON–(BUSINESS WIRE)–#AML–Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today announced the release of a Total Economic Impact™ study by Forrester […]

Greenlight Announces New K-12 National Standards-Based Financial Literacy Library for Teachers and Students

Teachers nationwide can now sign up for early access to Greenlight for Classrooms ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart, independent kids, today announces Greenlight for Classrooms, a new web-based financial literacy library designed for teachers, aligned with the K-12 national standards. Starting in 2023, […]

Entrust Adds Identity as a Service to AWS Marketplace

Organizations can accelerate adoption and deployment of cloud-based identity and access management MINNEAPOLIS–(BUSINESS WIRE)–Entrust, a global leader in trusted payments, identities and digital infrastructure, is now offering its cloud-based identity and access management (IAM) solution in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to […]

Vodafone Business Report: Sustainability Delivers Competitive Advantage and Business Durability for U.S. Companies

Latest “Fit for the Future” report shows that sustainability – good for the planet – delivers tangible benefits – good for business – for U.S. organizations NEW YORK–(BUSINESS WIRE)–Sustainability, once a “nice to have” goal for businesses, is now a strategic priority for businesses as consumers demand, and investors reward, responsible operations. For U.S. businesses, […]

SingleStore Announces Key Innovations for World’s Only Unified Database Built for Real Time

Latest product release, new partner ecosystem and continued industry accolades further prove real-time leadership SAN FRANCISCO–(BUSINESS WIRE)–SingleStore, the cloud-native database built for speed and scale to power real-time applications, today announced the general availability of its 8.0 release, which features even faster analytics, improved developer experience and greater ease of use. The new release is […]

Apex Fintech Solutions and Unifimoney Announce Partnership to Provide America’s Credit Unions and Community Banks with Digital Investment Solutions

Enables community financial institutions to equip account holders with access to a full suite of digital wealth management services SAN FRANCISCO & AUSTIN, Texas–(BUSINESS WIRE)–Apex Fintech Solutions (“Apex”), the powerhouse enabling seamless access, frictionless investing, and scalable infrastructure for hundreds of leading fintech companies, today announced a partnership with Unifimoney Inc. (“Unifimoney”) a multi asset […]

CCC Scales Effort to Help Connect Crash Data to Claims

Zendrive Joins the CCC Network, Offering Insurers Instant Mobile Crash Detection Data Designed to Speed and Improve Claims Resolution Beginning at FNOL CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform powering the P&C insurance economy, announces today that Zendrive, a mission-driven company making roads safer with data and analytics, is the newest mobility […]

3 Credit Unions Implement Bankjoy’s Business Banking Platform

DETROIT–(BUSINESS WIRE)–Bankjoy, a digital banking provider, announced that three credit unions have expanded their relationship with Bankjoy and implemented its business banking platform to provide their business members with a best-in-class digital banking experience. Among the latest credit unions to select Bankjoy’s business banking platform are: Mobility Credit Union, based in Irving, Texas with over […]

40 Top Brands Announce Exclusive Holiday Offers For Last-Minute Shoppers in the Helping Professions with SheerID

Aveda, Crocs, and Whirlpool are among many brands celebrating the givers in our communities – teachers, medical professionals, first responders, and more – with these amazing holiday deals PORTLAND, Ore.–(BUSINESS WIRE)–SheerID, the identity marketing platform used by hundreds of leading brands around the world, has partnered with more than 40 top brands that are making […]

Community Financial Institutions are Moving Towards Hyper-Personalization in 2023

Finalytics.ai shares insights into community financial institutions’ digital engagement strategies SAN MATEO, Calif.–(BUSINESS WIRE)–Finalytics.ai powers segment of one digital experiences for community financial institutions. The company predicts that in 2023, more community financial institutions will invest in their digital capabilities to create segment of one digital experiences for prospective and current members/customers that go beyond […]

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