Business Wire


EIT Urban Mobility, 8200 Impact and CityZone Join Forces to Build Synergies in Israel for the Global Mobility Startup Ecosystem

TEL AVIV, Israel–(BUSINESS WIRE)–EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, announced today that it is joining forces with 8200 Impact and its partner CityZone to act as its ecosystem agent in Israel for 2023. This collaboration aims to build bridges between the […]

POSaBIT Continues to Champion PIN Debit Solution for Cannabis to Reduce Cash Reliance

With cash-based businesses under increasing pressure from both a safety, insurance and regulatory perspective, POSaBIT solution increases average size of basket while reducing risk. TORONTO & SEATTLE–(BUSINESS WIRE)–While the cannabis industry continues to struggle with cash-based or alternative – and often risky – payment options, POSaBIT, the premier cannabis point of sale and payment platform, […]

kWh Analytics Publishes 2022 Solar Generation Index, Finds that Solar Energy continues to Underperform Against Estimates

The 2022 annual report encourages collaboration and transparency to support the long-term growth of the renewable energy industry SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in Climate Insurance and renewable energy risk management, today released their 2022 Solar Generation Index report. Utilizing operating data provided by industry collaborators and their proprietary Heliostats database, the company […]

Financial Advisor & Divorce Financial Expert Michelle Smith Levels-Up Client Experience with Lumiant, an Advice Engagement Software Platform

A high profile financial advisor in New York has selected Lumiant to deepen client relationships and train advisors in building emotionally intelligent practices CHICAGO–(BUSINESS WIRE)–#Advisors—Lumiant, an advice and ​client engagement platform that empowers advisors to connect with families around their values and money goals to make better choices and live their best financial lives, today […]

Galileo Launches Customizable Buy Now, Pay Later (BNPL) Solution for Banks and Fintechs

Galileo to manage and service loans in seamless, bank-issued Galileo Buy Now, Pay Later offering, enabling more financial flexibility for today’s digital consumer SALT LAKE CITY–(BUSINESS WIRE)–#BNPL—Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced a buy now, pay later (BNPL) solution with […]

SRM Releases Report on the Seven Rules for Optimizing Vendor Contracts

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, “Rising to the Challenge: SRM’s Seven Rules for Optimizing Vendor Contracts.” Click to Download Banks and credit unions are more reliant than ever on vendors and third-party technology […]

SiTime Precision Timing Solution Provides Clocking for New AMD Alveo X3 Series Platform

Cascade ClkSoC Helps Enable Platform to Deliver Low Latency Trade Execution and Risk Management SANTA CLARA, Calif.–(BUSINESS WIRE)–#AMD—SiTime Corporation (Nasdaq: SITM), the precision timing company, announced today that AMD is using SiTime MEMS precision timing solutions for its new Alveo™ X3 series, the first AMD network cards designed with screened FPGAs and optimized specifically for […]

Ontop to Deploy ThetaRay AI-Powered AML Tech to Enable the Future of Work

Cross-border payment fintech Ontop to implement SONAR AML solution to monitor and prevent financial crime on its platform for payroll transfers MIAMI & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced today that Ontop, a fintech platform shaping the future of work, has selected ThetaRay’s advanced SONAR […]

ICE Benchmark Administration Launches the ICE Carbon Reference Entity Data Service

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched the ICE Carbon Reference Entity Data Service (ICE CRED) to facilitate the management of carbon credits through the trade lifecycle. Verified carbon credits are issued in respect of registered […]

bondIT Receives a Strategic Investment from BNY Mellon to Drive Digitization of Fixed Income Investing

NEW YORK & HERZLIYA, Israel–(BUSINESS WIRE)–#BondIT—bondIT, a provider of next-generation investment technology, announced today that it has raised $14M in a new investment round led by BNY Mellon, with participation by existing investors. As part of the investment, BNY Mellon will join bondIT’s Board of Directors. John Goodheart, Managing Director, BNY Mellon, who will represent […]

White River Energy and BitNile Holdings’ Subsidiary, Ault Energy, Announce Results from Recently Completed Drilling Project in Holmes County, MS

Ault Energy has made commitment to participate in White River’s next drilling project which is currently underway The partnership expects to jointly drill approximately 100 oil wells over the next five years LAS VEGAS & FAYETTEVILLE, Ark.–(BUSINESS WIRE)–$AP #100_oil_wells—BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and White River Energy Corp (“White River”) (OTCQB: WTRV), today […]

senhasegura Raises $13M to Drive Growth Primarily in North America and the Middle East

The Brazilian-based leading Privileged Access Management (PAM) vendor will accelerate its international growth through significant investments in new channels, markets, and cloud security capabilities SÃO PAULO & SAN FRANCISCO–(BUSINESS WIRE)–#CVE—senhasegura, an award-winning Privileged Access Management (PAM) solution provider, today announced a $13 million (Series A) investment from Graphene Ventures, a Palo Alto-based investor focused on […]

Ageras Launches Small-Biz Inflation Tracker, Finds Inflation Rates Outpacing Prices Charged by Europe’s Smallest Businesses

Leveraging its proprietary data from more 100,000 SMEs using its suite of banking, accounting, and business admin software, Ageras’ inaugural inflation index shows that in the latest quarter, small businesses lost significant pricing power across seven of Europe’s most important economies. COPENHAGEN, Denmark–(BUSINESS WIRE)–Ageras, the leading fintech company utilizing its banking and accounting software to […]

Nassau Re/Imagine Launches New TalentBridge23 Incubator Program

Six-month incubator program will support innovative insurtech startups and cultivate Connecticut talent HARTFORD, Conn.–(BUSINESS WIRE)–Nassau Re/Imagine today announced the launch of TalentBridge23, a six-month incubation program that will connect talent, innovation, and opportunity within the Hartford insurtech community beginning in January, 2023. Nassau Re/Imagine will run the program, which is also sponsored by CGI and […]

Qraft AI-Enhanced U.S. Next Value ETF Reaches 2-Year Milestone

Actively managed by artificial intelligence, this pure value ETF has top tier performance NEW YORK & SEOUL, South Korea–(BUSINESS WIRE)–$NVQ #AI–Qraft Technologies, a leading fintech focused on AI-driven investment management, celebrates the two-year anniversary of the Qraft AI-Enhanced U.S. Next Value ETF (NYSE: NVQ). To commemorate the occasion, Qraft teams in Seoul, Hong Kong, and […]

Sunwest Bank Secures Multiyear Partnership with CRE FinTech Blooma

IRVINE, Calif.–(BUSINESS WIRE)–In September, Sunwest Bank announced the renewal of its partnership with emergent FinTech, Blooma, as part of a larger digital transformation initiative. The multiyear contract represents a longstanding relationship between the two entities that began in 2021 with the adoption of Blooma to help automate and streamline the bank’s portfolio management processes for […]

Wells Fargo’s Vantage℠ Platform Enhances Commercial and Corporate Clients’ Digital Experience, Grows with Businesses at Scale

Persona-driven design and AI are at center of new banking platform SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today unveiled Vantage℠, a new digital banking platform for Commercial Banking and Corporate & Investment Banking clients. Previously known as the Commercial Electronic Office® – or CEO® Portal – Vantage℠ offers enhanced features to drive a […]

Juniper Research: Instant Payment Transactions to Surpass 376 Billion Globally by 2027; as Cross-border Innovations Drive Growth

BASINGSTOKE, England–(BUSINESS WIRE)–#instantpaymentmarket–A new study from Juniper Research has found that the number of instant payment transactions will exceed 376 billion globally by 2027; increasing from 97 billion in 2022, a 289% growth. It predicts that an increased roll-out of instant cross-border payment schemes in multiple countries will drive this growth by enabling businesses and […]

Marlette Holdings Acquires Flexible Rent Platform Till, Expanding the Best Egg Suite of Financial Products

The acquisition will enhance the company’s rapidly growing Best Egg product portfolio, offering customers personalized rent payment solutions WILMINGTON, Del.–(BUSINESS WIRE)–Marlette Holdings, Inc., a leading financial technology company that operates the Best Egg platform, today announced the acquisition of Till, Inc., a leading flexible rent platform. Till will be rebranded as Best Egg and incorporated […]

2023 Financial Industry Trade Show Guide Now Available from William Mills Agency

— Free, downloadable report includes industry-specific events — ATLANTA–(BUSINESS WIRE)–#Fintech–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces the release of its 2023 Financial Trade Show Guide. The annual report showcases payments, fintech, banking, mortgage, lending and credit union industry focused conferences and trade shows. Please download […]

The Bancorp Releases Environmental, Social, and Governance (ESG) Report

WILMINGTON, Del.–(BUSINESS WIRE)–#Alwaysapartner–The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A. (“Bank”), released its inaugural ESG Report discussing its commitment to corporate responsibility by promoting good stewardship through continuous, sustainable, and values-based growth. Supported by the launch of a new ESG webpage, the ESG Report provides an […]

Orion Expands ETF Lineup by Adding Dimensional Wealth Models to the Orion Portfolio Solutions Platform

OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, has strengthened its long-standing relationship with Dimensional Fund Advisors, a global leader in systematic investing, by bringing its newly launched Core ETF Wealth Models to the Orion Portfolio Solutions (OPS) platform. “We’re excited to expand on our five-year collaboration with […]

Atomic collaborates with Jack Henry to unlock a digital banking evolution for banks and credit unions

Community and regional financial institutions can offer account holders a quick, convenient way to set-up and switch direct deposits with the Deposit solution plugin SALT LAKE CITY–(BUSINESS WIRE)–#fintech–Atomic, the market-leading provider of payroll connectivity, announced today that its direct deposit setup and switching solution, Deposit, is now accessible through Jack Henry’s digital banking platform. Atomic […]

New Report: Identity fraud doubled in crypto and banking in 2022

All-in-one verification platform, Sumsub, highlights seven key fraud trends of 2022 and shares predictions for 2023 in its annual identity fraud study LONDON–(BUSINESS WIRE)–#AML–Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today published its second annual Identity Fraud Report, that identifies fraud trends and […]

Counterpart Adds Miscellaneous Professional Product to Management Liability Insurance Offerings through Aspen Partnership

As the need for professional liability protection grows, leading insurtech makes it easier for brokers to get coverage for small business clients LOS ANGELES–(BUSINESS WIRE)–Counterpart today announced the addition of Miscellaneous Professional Liability (MPL) insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholesale broker partners. Also […]

Intuit Accountants Announces New Products Updates for Tax Year 2022

Intuit ProTax Group software updates equip tax professionals with the latest tools and technology ahead of tax season PLANO, Texas–(BUSINESS WIRE)–#TogetherwithIntuit–Today, Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is announcing its latest updates to products and services including Intuit Tax Advisor, Intuit ProConnect Tax, Intuit Link, […]

Genesis Global Releases Multiple Enhancements to Low-Code Software Development Platform

Platform enhancements improve low-code solutions for interface design, data integration and application management MIAMI–(BUSINESS WIRE)–#fintech—Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced significant platform enhancements making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications. The Genesis platform offers […]

BitNile Holdings Issues November Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AP #ARBK—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro and XP Antminers at the Michigan data center and the Wolf […]

FINEOS Wins Digital Technology Project of the Year for Fortune 100 US Insurance Carrier

DUBLIN–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) is honored to have won the prestigious Digital Technology Project of the Year award from Technology Ireland. This highly competitive award recognizes the company that has delivered outstanding value to an end client through the innovative deployment and use of digital technology. FINEOS was selected for the enterprise transformation project that […]

 U.K. Banks Modernize to Meet Regulatory, Market Demands

Rapid changes in technologies, consumer choices and laws kick off transformations across the banking industry, ISG Provider Lens™ report says LONDON–(BUSINESS WIRE)–$III #AI–Banks in the U.K. are carrying out large-scale technology transformations in response to evolving regulations, changing customer expectations and the emergence of new innovations and competitors, according to a new research report published […]

Taulia Announces Updates to Payables Scenario Planner

SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, today announces significant updates to its Payables Scenario Planner. Taulia’s Payables Scenario Planner is a tool designed to provide Taulia customers with better visibility into liquidity and how their working capital position could change over time. The update will incorporate a variety of additional […]

Nordic Banks Accelerate Changes Amid Market Shake-up

Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens™ report says STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new competition and changes in consumer […]

Thales Addresses Inclusivity With Its ‘Voice Payment Card’

A payment innovation that brings autonomy and convenience to visually impaired people  Based on its secure payment and connectivity expertise, Thales developed a solution to protect visually impaired people from fraud or mistakes made at shops. Thanks to the Thales Gemalto Voice Payment Card, blind and visually impaired people will enjoy a trusted and autonomous […]

Wolters Kluwer wins plaudits for APAC Finance, Risk & Regulatory Reporting business

SINGAPORE–(BUSINESS WIRE)–#wolterskluwer—Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has won a number of independent industry awards celebrating excellence and innovation in the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Solution in Regulatory Reporting” in its prestigious Awards for Excellence for the fourth time in five […]

OneConnect Announces ADS Ratio Change

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will change the ratio of its American depositary shares (“ADSs”) representing its ordinary shares from one (1) ADS representing three (3) ordinary shares to one (1) ADS representing thirty […]

AWS Announces Eight New Amazon SageMaker Capabilities

Amazon SageMaker Role Manager makes it easier for administrators to control access and define permissions for improved machine learning governance Amazon SageMaker Model Cards make it easier to document and review model information throughout the machine learning lifecycle Amazon SageMaker Model Dashboard provides a central interface to track models, monitor performance, and review historical behavior […]

Speakers and Sessions Announced for CharmHealth Innovation Challenge and Showcase 2022

Interactive Forum Brings Together Industry Innovators To Move Digital Health Forward PLEASANTON, Calif.–(BUSINESS WIRE)–#Bioverge—CharmHealth today announced the full lineup of speakers and sessions for its second annual Innovation Challenge and Showcase 2022, an innovation-focused conference convening 25-plus digital health innovators in an immersive, educational experience. The conference offers students, product developers, investors, entrepreneurs, and nonprofits […]

City of Charleston Partners with Intellicheck to Equip King Street Area Businesses with ID Scanning App to Address Underage Drinking

MELVILLE, N.Y.–(BUSINESS WIRE)–#identity—Intellicheck, Inc. (Nasdaq: IDN), and the city of Charleston today announced the launch of a new pilot program aimed at tackling the problem of underage drinking. The six-month pilot will allow up to 31 King Street area bars and restaurants to use Intellicheck’s identity verification mobile technology application. Intellicheck’s ID verification technology has […]

Q2 Helps Johnson Financial Group Modernize Its Digital Banking Experience

Johnson Financial Group leverages Q2’s digital banking platform and the Q2 Innovation Studio to deliver a cohesive, personalized digital experience for its customers AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it has helped Johnson Financial Group (“JFG”), a privately-held financial services company […]

Rapid Changes Spur Digital Transformations at U.S. Banks

Pandemic effects and an ongoing wave of industry innovation are forcing institutions to use new digital platforms to compete, ISG Provider Lens™ report says STAMFORD, Conn.–(BUSINESS WIRE)–$III #ApplePay–U.S. banks are modernizing their technology and business models at an accelerating pace in response to competitive pressures, higher customer expectations and ongoing changes in regulation, according to […]

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