Business Wire


Q2 Powers the Majority of America’s Best Banks

Nearly 60 percent of Forbes’ list of America’s Best Banks are Q2 customers AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that nearly 60 percent of those recognized on the Forbes’ America’s Best Banks list are customers of Q2. The annual Forbes’ America’s Best […]

Pagos Introduces Copilot, an AI-powered Payments Tool to Benefit Commerce Businesses of All Sizes

New tool acts as a virtual payments assistant, providing instant access to deep industry expertise LOS ANGELES–(BUSINESS WIRE)–Pagos, a leading provider of payments optimization solutions, today announced the launch of Pagos Copilot, an AI-powered tool for instant payment intelligence. Commerce businesses of all sizes can benefit from the industry knowledge and streamlined payments analysis available […]

ZayZoon Coming Home to Help Save 1 Million Canadians 1 Billion Dollars

Financial Empowerment platform addresses increasing demand for on-demand pay and actionable financial wellness benefits to working Canadians CALGARY, Alberta–(BUSINESS WIRE)–#EWA–Earned Wage Access (EWA) is one of the fastest growing employee lifestyle benefits in the United States. ZayZoon, a Calgary-based fintech, is a category leader offering EWA to tens of thousands of U.S. businesses and millions […]

SoFi and Templum Partner for Expanded Access to Alternative Assets

Templum is Working with SoFi to Grant Everyday Investors Access to Alternative Investment Opportunities Historically Reserved for the Ultra Wealthy NEW YORK–(BUSINESS WIRE)–Templum, Inc. (“Templum”), the operating system for private markets and alternative assetsTM is pleased to announce that the company is working with SoFi, the all-in-one digital personal finance company, to expand everyday investor […]

Tyfone Named a Best Place to Work in Fintech by American Banker

~ Fintech recognized for company culture ~ PORTLAND, Ore.–(BUSINESS WIRE)–#AccountHolderEngagement—Tyfone, a digital banking provider, today announced it has been named one of American Banker’s 2024 Best Places to Work in Financial Technology. Tyfone was recognized for its dynamic work environment and team of passionate, driven innovators. American Banker’s Best Places to Work in Fintech program […]

Capitol Credit Union of Texas Selects Cotribute for Digital Account Opening

Credit union deploys advanced digital platform to accelerate onboarding, reduce manual processes and fraud ANAHEIM, Calif.–(BUSINESS WIRE)–#ConsumerAccountOpening—Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships, today announced Capitol Credit Union of Texas (Capitol CU) has selected its Consumer Account Opening to improve new member onboarding and reduce fraud. Capitol CU’s […]

500 Global and Sanabil Investments announce Batch 7 of the Sanabil 500 MENA Seed Accelerator Program

Twelve companies will present live at Demo Day on May 29th, 2024 at the Four Seasons Hotel in Riyadh RIYADH, Saudi Arabia–(BUSINESS WIRE)–Multi-stage venture capital firm 500 Global and KSA-based Sanabil, a financial investment company [wholly owned by the Public Investment Fund (PIF)] announced the seventh batch of their Sanabil 500 MENA Seed Accelerator Program, […]

JPMorgan Chase Commits £40 Million More to Help Drive Sustainable Economic Growth in the United Kingdom

The firm expands its skills-based hiring for entry-level technology and operation jobs in cities across the U.K., including Glasgow, where it recently opened a new state-of-the-art technology centre Plans to kick start a new programme to help fintechs create financial management tools to support individuals and entrepreneurs Builds on lessons learned from the firm’s investment […]

Monitaur, the Leading Model Governance Platform for Highly-Regulated Industries, Raises $6M Series A

BOSTON–(BUSINESS WIRE)–#AnthonyHabayeb–Monitaur, the premier model governance software company for highly regulated companies and their partners, announced today the closing of a $6 million Series A funding round led by Cultivation Capital, with participation from Rockmont Partners and others including Defy VC, Techstars, and Studio VC. This investment will enable Monitaur to accelerate its growth and […]

2024 State of Risk Report Highlights Deprioritization of Core Risk Management Activities

Responses to an annual survey by Origami Risk indicate a marked decrease in risk management activities over the last year. Are we seeing a backslide in risk management prioritization? CHICAGO–(BUSINESS WIRE)–#CoreSolutions–Origami Risk, the industry-leading risk, safety, and insurance Software as a Service (SaaS) technology firm, has published its 3rd annual State of Risk report. This […]

CapIntel and BMO Private Wealth Working Together to Strengthen Advisor-Client Relationships

BMO Private Wealth will use CapIntel’s powerful proposal generator and comparison tools to help investors maximize returns TORONTO–(BUSINESS WIRE)–#bmo—CapIntel Inc. (CapIntel), a leading Business-to-Business financial technology company, announced an agreement today with BMO Private Wealth to leverage CapIntel’s intuitive platform and tools to help support BMO Private Wealth Investment Advisors (BMO Nesbitt Burns Inc.) and […]

Sensible Weather Partners With Roamly to Offer Weather Guarantees to Travelers Using RV Rental Platform, Outdoorsy

With this new partnership, Roamly launches “Roamly Weather by Sensible,” empowering confidence to explore the open road in comfort LOS ANGELES–(BUSINESS WIRE)–Sensible Weather, the leading weather protection provider for travel and outdoor experiences, announces its partnership with the first API-enabled, digital insurance platform Roamly, to offer Weather Guarantees to travelers booking their next trip on […]

PublicSquare Launches ‘PublicSquare Live’ Hosted by QVC Veteran Erin Elmore

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), a holding company that strategically unites key products and services, forming the backbone of the parallel economy’s ecosystem, today announced the launch of PublicSquare Live. PublicSquare Live is a new offering that will allow our Marketplace customers to learn how to stop […]

Rapid Adoption of Embedded Banking by Benelux Companies Since Swan’s Amsterdam Launch

Since its local launch only 5 months ago, Swan’s embedded banking platform has rapidly expanded in the Benelux, supporting over 10 local companies across 4 sectors to launch banking products (among 100+ European businesses overall). Embedded banking takes the power of banking away from traditional banks, putting it in the hands of tech companies in […]

United Fintech expands global presence into UAE with new office in DIFC

LONDON–(BUSINESS WIRE)–#DIFC—United Fintech is increasing its global presence with the opening of a new office in the Dubai International Financial Centre (DIFC). This strategic expansion into the UAE, spearheaded by Athena, one of United Fintech’s partner companies, is a response to robust market demand and underscores the UAE’s critical role as a hub for financial […]

Intuit and REI champion climate action through Clearloop with new White Pine Solar Farm

2.8 MWDC solar project enables modernization of electric grid in rural East Tennessee, provides renewable energy for local schools, and supports educational opportunities for local students NASHVILLE, Tenn.–(BUSINESS WIRE)–Clearloop, a Silicon Ranch company and leading provider of carbon solutions that accelerate decarbonization of the electric grid and expand renewable energy access in American communities that […]

HighRadius Named 2024 Gartner® Magic Quadrant™ Leader for the Third Time in a Row

Positioned highest for both Completeness of Vision and Ability to Execute. HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the leading provider of the Autonomous Finance Platform for the office of the CFO, has once again been named a Leader in the 2024 Gartner Magic Quadrant for Invoice-to-Cash Applications. Gartner Magic Quadrant gives enterprise technology shoppers an unbiased assessment of how […]

WisdomTree Reports Monthly Metrics for April 2024

Over $1.4 billion of net inflows in 2024 year-to-date despite April outflows WisdomTree Prime® is now available to users in New York and to ~75% of the U.S. Population NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for April 2024, including assets under management (AUM) and flow data by […]

SRM Announces Partnership with Filene Research Institute to Support the Next Generation of Credit Union Member Growth

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management, Inc.), a trusted advisory firm serving financial institutions globally, announced its partnership with Filene Research Institute to sponsor their newest Center of Excellence (CoE), “The Next Generation of Member Growth.” Through this partnership, SRM aligns itself with the most trusted name in credit union research. This initiative will yield […]

Gainbridge® Announces Parity Week to Empower Girls and Women in Sports and Education

Gainbridge®, Parity, and Women’s Sports Foundation® partner for second annual Parity Week to award grants to organizations that support girls and women, including one in Billie Jean King’s honor ZIONSVILLE, Ind.–(BUSINESS WIRE)–As part of this year’s “Parity Week by Gainbridge®: Investing in the Future of Women’s Sports,” Gainbridge® announces grants totaling $150,000 to deserving organizations […]

EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities

SAN FRANCISCO–(BUSINESS WIRE)–EarnUp, Inc., a financial wellness fintech company, announced today that lenders and servicers will be able to use its platform to offer borrowers a convenient mortgage payment option: Text to pay via debit card. This enhancement will mark a significant advancement of EarnUp’s award-winning platform, providing borrowers with greater flexibility and convenience in […]

ICE Clear Credit Adds Royal Bank of Canada as a Clearing Member

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for […]

Change Lending Becomes a Member of the Federal Home Loan Bank of San Francisco

ANAHEIM, Calif.–(BUSINESS WIRE)–#africanamerican–Change Lending, LLC (“Change”) proudly announces it has become a member of the Federal Home Loan Bank (FHLB) of San Francisco as of May 6, 2024. This milestone marks a significant step forward in Change Lending’s commitment to serving underbanked and underserved borrowers and communities. The FHLB of San Francisco is a vital […]

CAIS Expands Marketplace Offerings with Blackstone’s Alternative Investment Strategies

CAIS platform powers the largest network of independent advisors for alternative investing NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced that Blackstone, the world’s largest alternative asset manager with over $1 trillion in assets under management, has expanded CAIS Marketplace offerings with Blackstone’s alternative investment strategies. “We are committed […]

SMArtX Makes Major Expansion, Adding 86 New Strategies From 12 Leading Asset Management Firms

Allspring Global Investments, Aperio Group, First Trust Investment Solutions, and Natixis Investment Managers join the SMArtX Platform WEST PALM BEACH, Fla.–(BUSINESS WIRE)–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts (UMA) technology, announced it has added 86 strategies offered by 12 leading asset management firms to its rapidly expanding platform. The firm’s cutting-edge […]

WisdomTree Prime® Now Available to Users in New York

NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that WisdomTree Prime® is now available to users in New York. The app, now available across 41 states, offers one integrated ecosystem to save, spend, and invest – bringing the consumer’s financial life on-chain. This announcement follows the recent news that WisdomTree has […]

Options and oneZero Announce Strategic Partnership to Boost Multi-Asset Enterprise Trading Technology Solutions

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced an expanded strategic partnership with oneZero, the leading multi-asset class enterprise trading technology provider for banks and financial institutions. The partnership is set to build upon the existing, proven integration between oneZero and Options Activ’s consolidated data service, […]

Lendbuzz Completes $216 Million Asset-Backed Securitization

BOSTON–(BUSINESS WIRE)–Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $216 million securitization (“LBZZ 2024-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. LBZZ 2024-2 issued […]

Christian Brothers Services Selects Origami Risk’s Core P&c Platform for Policy Administration and Billing

Insurer Leveraging Origami’s Multi-Tenant SaaS P/C Insurance Suite for Efficiency, Robust Analytics, Enhanced Service to Members, Agents and Brokers ROMEOVILLE, Ill.–(BUSINESS WIRE)–#CoreSolutions–Christian Brothers Services (CBS) has selected Origami Risk’s multi-tenant SaaS P/C platform to streamline its policy administration and billing processes, enhance service resources for its members, and to gain insights into its current coverage […]

JBI Studios Announces Strategic AI Acquisition and Partnerships, Launches ‘AI Suite’ to Deliver Next-Generation Enterprise AI for the Financial Services Sector

JBI Studios acquires AI platform Cody AI to accelerate AI capabilities for Enterprises and SMBs with new ‘AI Suite’ LOS ANGELES–(BUSINESS WIRE)–#AI–Just Build It (JBI), a visionary company focused on designing, building and renovating companies to be best in class, today announces the strategic acquisition of advanced AI platform Cody AI into JBI’s marketing and […]

Iconic Arts, Next-gen Entertainment Studio, Opens Doors in Los Angeles and Tokyo

Hollywood’s Hottest Start-up Raises $3.1 Million at a $20 Million Pre-seed Valuation (Download hi-res logo here) LOS ANGELES–(BUSINESS WIRE)–Iconic Arts, a new transmedia entertainment studio founded by Steven Haddadian, Alec Roth, Matthew Medney, Mo Yazdani, and Jack Sheehan, announced today $3.1 million in financing at a $20 million pre-seed valuation. The company opens doors in […]

Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds

Cicada has built an innovative all-to-all electronic alternative trading system for global institutional market participants that trade Mexican government bonds. Citi has made a strategic minority investment in Cicada and will act as a liquidity-provider for the trading platform. NEW YORK–(BUSINESS WIRE)–Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was […]

WaFd Bank to Streamline Payments for Small Businesses with CashFlow Central from Fiserv

Small business customers can access payments and accounts payable and receivable capabilities through a single integrated solution MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow CentralSM from Fiserv to enhance their robust small business banking offerings. WaFd Bank small business customers […]

Netcapital Pursues Broker-Dealer License to Increase Potential Revenue Generation

Company intends to expand service offerings to include Reg A+ and Reg D deals and broker-dealer partnerships BOSTON–(BUSINESS WIRE)–$NCPL #Earnings—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its wholly-owned subsidiary, Netcapital Securities Inc., has applied for broker-dealer registration with the Financial Industry Regulatory Authority (“FINRA”). This marks […]

Panax Offers AI-powered Cash Flow Management Platform, Secures $15M to Scale and Meet Rapidly Growing Global Demand

In the face of economic uncertainty, next-gen treasury automation solution empowers finance teams to fortify business resilience NEW YORK–(BUSINESS WIRE)–Amid high-interest rates and cash uncertainty, finance teams are struggling to proactively manage complex cash flow, liquidity and financial risks. Panax offers an AI-driven cash flow management platform that empowers mid-market and large companies with complex […]

NICE Actimize Recognized as Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report

Measured across five solution capabilities, NICE Actimize scored highly in entity management, workflow and automation, and system interfaces and APIs HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor […]

Fifth Third’s Financial Empowerment Mobile Begins New Season of Supporting Communities with SpringFour’s Financial Health Resources and Reimagined Experience

CINCINNATI–(BUSINESS WIRE)–Fifth Third’s Financial Empowerment Mobile, commonly known as the eBus, brings financial access and education directly into communities, especially underserved areas. For 2024, the eBus has been reimagined to offer enhanced experiences including immediate checking account opening, face-to-face consultation pods for private conversations, computer workstations for guests and broader services. “At Fifth Third, we […]

Ault Alliance’s Subsidiary, Sentinum, Completes Initial Bitcoin Mining Installation at Montana Location

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has received 1,000 Bitcoin miners from its Michigan Facility at one of its two Montana Bitcoin mining sites. Those miners are currently being installed and the Company […]

Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities

Asset manager demand for advanced front-office support propels growth of Investment Data Science business at Northern Trust CHICAGO–(BUSINESS WIRE)–#assetmanagement–Northern Trust (Nasdaq: NTRS) announced today that Cornerstone FTM, a financial technology focused investment fund, has selected Northern Trust and its strategic partner, Equity Data Science (EDS), for Research Management System (RMS) and Portfolio Construction solutions. Cornerstone […]

Saifr Expands AI-Powered Offerings for Regulatory Compliance

Saifr’s enhanced risk detection capabilities help marketing and compliance teams comply with complex regulations BOSTON–(BUSINESS WIRE)–Saifr®, a compliance solutions provider that uses artificial intelligence (AI) to help financial services firms mitigate regulatory risks, today announced expanded AI capabilities that help firms develop compliant, marketing-optimized content more efficiently. Saifr’s new, AI-enabled compliance analytics can now detect […]

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