Business Wire


Bond Expands Credit Solutions on i2c’s Global Platform

Leading payment processor and banking-as-a-service provider build on existing partnership to bring innovative new credit solutions to organizations of all sizes REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced an expanded partnership with Bond Financial Technologies, Inc., the leading embedded finance platform, that brings access to credit […]

Savage Adds medZERO Benefit to Make Healthcare More Affordable for its Team Members

PORTLAND, Ore.–(BUSINESS WIRE)–#healthcare–Savage is one of the most recent companies to offer medZERO’s innovative benefit to its more than 4,000 Team Members. medZERO is an award-winning, employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of-pocket healthcare expenses with repayment automatically deducted […]

Funding Circle to Expand Access to Capital for Nevada Small Business Owners Following Authorization from State

 Funding Circle is now operational in all 50 states and Washington, D.C. DENVER–(BUSINESS WIRE)–#FinancialInclusion—Funding Circle, the leading online platform for small business loans, announced today that it is now operational in Nevada, allowing it to provide the state’s more than 280,000 small businesses with much-needed access to capital. With operations live in Nevada, Funding Circle […]

BlockFills Announces Integration of Crypto CFD Products into its Industry-Leading Front-End Platform, Phoenix

CHICAGO–(BUSINESS WIRE)–#BlockFills–BlockFills, a fast-growing global digital asset trading and financial technology company, today announces the integration of crypto CFD (“contracts for difference”) products into its flagship front-end trading platform, Phoenix. The premier front end, previously only supporting spot crypto assets, now also supports cash-settled CFDs, also known as perpetual futures, and is powered by BlockFills’ […]

Onfido named as a ‘Market Leader’ in KuppingerCole’s 2022 Market Compass: Providers of Verified Identity

Onfido Real Identity Platform receives 5 out of 5 ratings for Security, Functionality and Usability SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Onfido, the leading global provider of automated identity verification and authentication solutions, today announced that it has received the ‘Market Leader’ distinction in the KuppingerCole Market Compass for Providers of Verified Identity 2022, alongside Experian, IDEMIA, […]

Razer and Verizon Unveil the Razer Edge 5G – the Ultimate 5G Handheld Gaming Device

Announced by Razer CEO Min-Liang Tan during the RazerCon 2022 keynote, the Razer Edge 5G delivers thousands of AAA games playable on a jaw-dropping 6.8” AMOLED 144Hz display IRVINE, Calif. & NEW YORK–(BUSINESS WIRE)–Razer™, the leading global lifestyle brand for gamers, together in partnership with Verizon today unveiled the Razer Edge 5G, the ultimate 5G […]

CORRECTING and REPLACING Rakuten TV To Expand IMAX® Enhanced Movie Collection to 100 Titles

More Fan-favorite IMAX Enhanced Movies Soon Accessible in 8 Countries Through Rakuten TV SAN JOSE, Calif.–(BUSINESS WIRE)–Please replace the release dated October 12, 2022 with the following corrected version due to multiple revisions. The updated release reads: RAKUTEN TV TO EXPAND IMAX® ENHANCED MOVIE COLLECTION TO 100 TITLES More Fan-favorite IMAX Enhanced Movies Soon Accessible […]

iShares® 2022 Term Maturity iBonds® ETFs Near Final Distribution Dates

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of three 2022 iShares iBonds ETFs with 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 Expected liquidation date IBDN iShares® iBonds® Dec 2022 Term Corporate ETF NYSE Arca 12/15/2022 12/15/2022 12/21/2022 […]

Quest Digital Finance Connects the Unbanked to Formal Credit Systems

Renew Capital Angels invests in the firm’s Akellobanker platform for financial inclusion and agricultural growth KAMPALA, Uganda–(BUSINESS WIRE)–Uganda is home to 25 commercial banks, four microfinance deposit-taking institutions (MDIs), three credit institutions and more than 300 non-deposit-taking microfinance institutions (MFIs). However, according to the 2018 Finscope Survey, which is published by the think tank Financial […]

Guidewire Rises to No. 26 in 2022 IDC FinTech Rankings by IDC Financial Insights

Annual ranking highlights top 100 global providers of financial technology SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #innovation–Guidewire (NYSE: GWRE) announced it has ranked number 26 out of 100 on the 2022 IDC FinTech Rankings, making an appearance on the list for the second consecutive year and climbing from its previous position. Guidewire is the highest-ranking P&C insurance […]

Northstar Raises $24.4 Million to Make Financial Guidance a Universal Benefit

New investors include GGV Capital, PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures. Since December 2020, Northstar has grown its customer base by more than 600% and supports innovative organizations such as Snap, Zoom, 23andMe, Virgin Orbit, and NerdWallet. LOS ANGELES–(BUSINESS WIRE)–Northstar, the financial wellness benefit for employees, today announced it has raised $24.4 million […]

Financial Services and Stablecoin Veteran David Puth Joins Intersection Crypto Ventures as Co-Managing Partner

Former Centre Consortium, J.P. Morgan, and State Street Executive to Co-Lead New Crypto Investment Fund NEW YORK–(BUSINESS WIRE)–Intersection Crypto Ventures (“ICV”) the venture investment platform associated with Intersection Growth Partners (“IGP” or “Intersection”), a leading executive search firm focused on crypto and web3, today announced that David Puth has joined as Co-Managing Partner. The firm […]

Slowing economy ushers private markets investors into new era, PGIM says

NEWARK, N.J.–(BUSINESS WIRE)–Private market funds have nearly tripled assets since the global financial crisis — accounting for more than 35% of new capital raised through bonds and equity in the U.S. in 2021 — but the Goldilocks-like market conditions that facilitated this meteoric rise are changing, presenting new risks and opportunities for investors, according to […]

Wealth Enhancement Group Selects CAIS to Expand its Alternative Investment Capabilities

Jeff Dekko, CEO of Wealth Enhancement Group, to Speak on RIA M&A Panel at the CAIS Alternative Investment Summit taking place October 17-19 in Los Angeles, California NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced its selection by Wealth Enhancement Group, one of the largest national independent wealth management […]

Astra Secures $10 Million in Series A Funding with a $30 Million Line of Credit

Eliminating financial complexity for fintech products, the investment validates Astra’s API integration as the most effective solution for instant transfers and financial automations SAN FRANCISCO–(BUSINESS WIRE)–Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from […]

Priority Partners with Valor PayTech for Omnichannel Solutions

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority Technology Holdings, Inc. (“Priority”), a leading payments technology company helping customers collect, store and send money, today announced it has partnered with Valor PayTech for omnichannel solutions. Valor’s integration with Priority’s MX™ Merchant ecosystem is currently underway. Valor is a fast-growing fintech provider of cloud-based, end-to-end, processor-agnostic omnichannel payments solutions. The company […]

Farm Bureau Mutual Insurance Company of Idaho Selects Guidewire Cloud to Deliver More Value for Business Growth

POCATELLO, Idaho & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireDataHub—Farm Bureau Mutual Insurance Company of Idaho (FBM Idaho), the state’s largest domestic personal lines insurer, and Guidewire (NYSE: GWRE) announced that FBM Idaho selected InsuranceSuite on Guidewire Cloud to power core operations, simplify IT operations, quickly adapt to changing market demands, and deliver more value to its […]

Prove Identity Expands Global Presence, Launches Digital Identity Product Offerings in Brazil with OZ Corretora de Câmbio

Prove’s solutions, now available in Brazil, streamline identity verification and onboarding, enhancing user experience and adoption SÃO PAULO–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced it has expanded its global presence to Brazil, launching its product offerings with its first customer in the region, OZ Corretora de Câmbio. OZ Corretora de […]

Schwab Asset Management™ Pilots New Proxy Polling Solution to Gain Insight Into Shareholder Preferences

Schwab Asset Management is the first large asset manager to use innovative new tool from Broadridge WESTLAKE, Texas–(BUSINESS WIRE)–Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced that it is the first large asset manager to pilot a new proxy polling solution from global fintech firm, Broadridge Financial Solutions, Inc. […]

Personetics’ ‘Banking on Innovation’ podcast brings valuable perspectives from the industry leaders who are driving customer-centric innovation in financial services

Personetics launches a podcast inspired by innovators in the financial services sector, who share their learnings and advice from their personal journeys driving customer impacts NEW YORK & TEL AVIV–(BUSINESS WIRE)–Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for banks and financial services providers, has today announced the release of […]

BitNile, Inc. to Launch Innovative Bitcoin Marketplace Platform Intended to Reimagine Cryptocurrency Transactions

Company Appoints Veteran Developer Douglas Gintz as President and Chief Product Officer to Lead the Effort LAS VEGAS–(BUSINESS WIRE)–$AP #Android_app—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced today that its subsidiary, BitNile, Inc. (“BNI”), has begun development of a Bitcoin-based marketplace platform (“Marketplace”), which expects to leverage blockchain […]

e& and SES Join Forces to Offer One-Hop Connectivity to Microsoft Azure

e& teleport extended from SmartHub Data Center to easily provide global reach and high-quality services Premium access/performance to Microsoft Azure services made available to SES and Microsoft customers globally LUXEMBOURG & DUBAI, United Arab Emirates–(BUSINESS WIRE)–The Carrier and Wholesale Services (C&WS) division of e& (formerly known as Etisalat Group) today announced its partnership with Microsoft […]

ICE Data Services Named Market Data Vendor of the Year in Asia Pacific Region by Asia Risk

Reflects Strong Growth in ICE’s Indices, Sustainable Finance Data and ICE Global Network Offerings in Asia ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Asia Risk has selected ICE Data Services as Market Data Vendor of the Year in the Asia Pacific region. This […]

Benezon joins Medxoom to lead the Healthcare Consumer Revolution

ATLANTA, Ga. & JUPITER, Fla.–(BUSINESS WIRE)–Medxoom, a leading enterprise health benefits & payments platform, today announced it has acquired Benezon, an industry trusted benefits navigation solution. Medxoom’s expanding reach across the health benefits ecosystem will now include additional virtual care, compliance, care coordination, and advocacy offerings. “We’re excited to be joining forces with Medxoom,” said […]

i2c Expands Partnership with Bank of George to Create Credit Card for Gamers and Sports Enthusiasts

Collaboration expands bank’s digital financial ecosystem, seeks to tap growing consumer market REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Bank of George, the wholly owned subsidiary of GBank Financial Holdings Inc. (OTCQX: GBFH), to expand the bank’s existing gaming payments ecosystem through a […]

TheGuarantors Launches Rent and Damage Protection for Independent Landlords

Research shows struggle for small to medium-sized property owners in wake of pandemic, eviction moratoriums, and economic uncertainty NEW YORK–(BUSINESS WIRE)–TheGuarantors, the fintech company building smart financial and insurance solutions for renters and landlords, today announced the rollout of its new product platform designed to help protect small- and medium-sized rental property owners. This launch […]

Rakuten TV To Expand IMAX® Enhanced Movie Collection to 100 Titles

More Fan-favorite IMAX Enhanced Movies Soon Accessible in 8 Countries Through Rakuten TV SAN JOSE, Calif.–(BUSINESS WIRE)–IMAX Corporation (NYSE: IMAX), DTS, a wholly owned subsidiary of Xperi, Inc. (NYSE: XPER), and Rakuten TV, one of the leading Video On-Demand platforms, today announced a significant expansion of the IMAX Enhanced movie collection with Rakuten TV’s commitment […]

Lair East Labs Announces 2022 Startup Accelerator Cohort

Global group of founders to receive funding, mentorship support as part of cutting edge accelerator program for AI, SaaS, FinTech, eCommerce platforms NEW YORK–(BUSINESS WIRE)–Lair East Labs today announced the kickoff of its 2022 startup accelerator program. Nine diverse startups have received investments of up to $150,000 through collaboration with Lair East Labs’ capital partner, […]

Bethpage Federal Credit Union Sees Boom in Real-Time Payments

Real-time payment volumes and transaction amounts grow after credit union connects to RTP® network from The Clearing House via Fiserv BROOKFIELD, Wis.–(BUSINESS WIRE)–As demand increases, financial institutions that offer real-time payment capabilities are seeing growing transaction volumes. After connecting to the RTP® network from The Clearing House via NOW® Gateway from Fiserv, Inc. (NASDAQ: FISV), […]

PortX and Fintel Connect to Simplify Link Between Customer Acquisition Data and Banking Core for Financial Institutions

SEATTLE–(BUSINESS WIRE)–#banking–PortX, the financial infrastructure and integration technology company that enables financial institutions to eliminate dependencies on banking core vendors through its Integration-Platform-as-a-Service (IPaaS), announced a new partnership with Fintel Connect. Fintel Connect is a leader in partner marketing technology for the financial services industry. The company’s turn-key platform helps financial institutions safely scale their […]

Intuit’s Global Financial Technology Platform Architecture Drives Technology Innovation for Customers With Speed at Scale

Intuit’s Core Capabilities Fuel Growth and Rapid Innovation to Solve Customers’ Most Important Financial Problems MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is fueling innovation through a common architecture shared by all of the company’s applications. At Investor Day 2022, Intuit Chief Technology […]

ACI Worldwide’s Speedpay and Leading Loan Servicing Fintech – Constant – Modernize Customer Experience

Collaboration ups customer digital engagement, increasing loan volumes and streamlining collections MIAMI & FALMOUTH–(BUSINESS WIRE)–#billpayments—ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and Constant, a leading fintech in self-service loan management software, announced a partnership that will allow lenders to increase loan volumes, streamline their collection process, drive revenue and lower […]

Earnin Awarded Top Honors in Globee’s® 10th Annual CEO World Awards

Gold – Company of the Year, Fintech and Gold – CEO of the Year, Fintech PALO ALTO, Calif.–(BUSINESS WIRE)–Earnin, the leader in building products for a more equitable financial system and a better life for those living paycheck to paycheck, today announced that it has been awarded Gold in the 2022 Globee® CEO World Awards […]

Greenlight Adds Family Safety Capabilities to Help Parents Raise Financially-Smart, Independent Teens

Leading fintech becomes first to combine family finance and family safety with new Greenlight Infinity offering ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to empower parents to raise financially-smart, independent kids, today announced Greenlight Infinity, a first-of-its-kind subscription plan designed to help parents power their teens’ independence with personal finance […]

ELGA Credit Union Goes Live on Scienaptic’s AI-Powered Credit Decisioning Platform

Deployment to help ELGA automate credit decisioning and increase credit access NEW YORK–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that Michigan-based ELGA Credit Union has completed implementation and gone live on its platform. Integrating the platform with ELGA Credit Union’s LOS (Symitar ELA) and going live enables the credit […]

Lumanu’s Payouts Platform Now Integrates with Quickbooks, Zapier, and Supports International Creators, Influencers and Freelancers

Lumanu enhances offering with new integrations and expanded support for international users OAKLAND, Calif.–(BUSINESS WIRE)–Lumanu, the company building the financial infrastructure for the future of work, announces today expanded support for international creators, influencers and freelancers as well as new integrations with Quickbooks and Zapier. The rise of remote opportunities and modern communication tools has […]

Cachematrix by BlackRock Launches New Mobile App for Liquidity Investors

App now available for cash investors across 20 countries totaling over $300 Billion USD in AUM1 NEW YORK–(BUSINESS WIRE)–Cachematrix, one of the world’s largest and longest running market platforms for cash management2, announced today that clients of the Cachematrix by BlackRock portal will now be able to access the liquidity marketplace via a mobile application. […]

MFS Africa Selects ThetaRay AI Tech for Transaction Monitoring and Sanctions Screening to Boost Global Expansion

Advanced AI solution to enable growing fintech to effectively detect money laundering and sanctions list violations JOHANNESBURG, South Africa & NEW YORK & LONDON & TEL AVIV, Israel–(BUSINESS WIRE)–MFS Africa, the largest digital payments hub in Africa, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to protect MFS […]

Juniper Research: eCommerce Losses to Online Payment Fraud to Exceed $48 Billion Globally in 2023, as Fraud Incursions Evolve

16% Growth in eCommerce Fraud Losses in Just 12 Months BASINGSTOKE, England–(BUSINESS WIRE)–A new Juniper Research study found that the total cost of eCommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. It predicted that this growth will be accelerated by increasing use of alternative payment […]

Citcon Named to the 2022 CB Insights’ Fintech 250 List

Leading mobile payments provider recognized for achievements in enabling global mobile wallet and APM payments at scale NEW YORK–(BUSINESS WIRE)–CB Insights named Citcon Inc, the leading provider of mobile payments enabling global commerce at scale, to its fifth-annual Fintech 250 ranking, showcasing the 250 most promising private fintech companies of 2022. “This year’s Fintech 250 […]

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