Business Wire


Socotra Named to the 2022 CB Insights Insurtech 50 List of Most Innovative Insurtech Startups

Socotra Recognized for Achievements in Making Insurance Application Innovation Faster, Easier and More Agile NEW YORK–(BUSINESS WIRE)–CB Insights today named Socotra to its first annual Insurtech 50, which showcases the 50 most promising private insurtech companies across the globe. The 2022 Insurtech 50 cohort has raised over $11B from approximately 400 disclosed investors, across 215 […]

Mississippi-Based Community Bank Selects Fintech to Effectively Serve Small Businesses

First Security Bank partners with Teslar Software to increase operational efficiencies, streamline lending processes SPRINGDALE, Ark.–(BUSINESS WIRE)–First Security Bank and Teslar Software today announced their partnership to expedite and streamline processes across the bank’s loan department. The Batesville, Miss.-based bank plans to leverage Teslar’s configurable lending process automation platform, starting with the exceptions management module. […]

Atlas Financial Holdings Announces Expansion of Credit Facility and Provides Business Update

CHICAGO–(BUSINESS WIRE)–Atlas Financial Holdings, Inc. (OTC: AFHIQ) (“we,” “us,” “our,” “Atlas” or the “Company”) today announced the expansion of the Company’s existing Convertible Senior Secured Delayed-Draw Credit Agreement (“Credit Facility”), adding new lenders and an additional $3.2 million of funding. The maturity date of the Credit Facility was also extended to June 30, 2024. Additional […]

MonetaGo Selected by the Association of Banks in Singapore to Deliver Trade Finance Registry

SINGAPORE & NEW YORK–(BUSINESS WIRE)–Financial technology solutions provider MonetaGo has been selected by the Association of Banks in Singapore (ABS) to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud. The TFR serves as a secure database for records of trade transactions financed […]

CITIC CLSA GOES EXTRAMILE; Collaboration leads to a new level of Greater Bay Area Fintech Collaboration

HONG KONG–(BUSINESS WIRE)–Goldhorse Capital Management (HK) Limited (“Goldhorse”), a Hong Kong fintech company today announced that it has signed co-operation agreements with affiliates of CITIC CLSA. CITIC CLSA is set to get further advanced in financial products distribution to the Extramile Community, while the fintech journey of CITIC Securities Wealth Management (HK) takes an advanced […]

“The Legit Ledger” Highlights Insights and Practical Tips on Blockchain-related Legal Issues

Sheppard Mullin’s Fourth Podcast Features Interviews with Thought Leaders and Blockchain Industry Professionals SAN FRANCISCO & WASHINGTON–(BUSINESS WIRE)–Sheppard, Mullin, Richter & Hampton LLP is pleased to announce the launch of The Legit Ledger, a new podcast hosted by Sheppard Mullin’s Blockchain and Fintech industry team members (including partners Jim Gatto and Yasamin Parsafar and associate […]

Martha’s Vineyard Bank Selects Finxact for Next-Gen Community Banking

The Bank and The Fintech Collaborative Will Partner with Finxact and Fiserv to Drive Digital Transformation JACKSONVILLE, Fla.–(BUSINESS WIRE)–Finxact, a Fiserv company and the leading provider of the next-gen banking platform to the U.S. regional and super-regional banking sector, today announced that Massachusetts-based Martha’s Vineyard Bank has selected Finxact to enable its innovation strategies. The […]

Trumid Chooses AtScale Semantic Layer to Drive Advanced Analytics and Data Science Initiatives

BOSTON–(BUSINESS WIRE)–#AI—AtScale, the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced that Trumid, a financial technology company and fixed income electronic trading platform, chose AtScale to build out its internal advanced analytics and data science capabilities. Trumid centralizes performance data from multiple sources into a Google BigQuery […]

Vise Launches New Features to Help Financial Advisors Navigate Market Volatility

NEW YORK–(BUSINESS WIRE)–Vise, the technology company enabling financial advisors to build personalized portfolios for their clients in minutes, has enhanced its platform to give advisors greater efficiency and more options to tailor portfolios to their clients’ needs. The product launch comes amid a tumbling stock market, with the S&P 500 experiencing its biggest four-month drop […]

RFG Advisory Enters into Collaboration with CreoValo, the Industry’s First Outsourced Investment Bank Referral Service for Independent Wealth Advisors and Business Owners

CreoValo’s proprietary database of 6,000 investment banks will help RFG advisors identify investment bankers who can best serve the needs of their clients. BIRMINGHAM, Ala.–(BUSINESS WIRE)–#CreoValo–RFG Advisory “RFG”, an innovative and fast-growing platform for independent advisors, has entered into a collaboration with CreoValo, the industry’s first outsourced investment bank referral service for independent wealth advisors […]

Top-Ranked U.S. Men’s Professional Basketball Prospects Participate in New iShares Future Baller$ Program

New Program Designed to Inspire Greater Commitment to Long-Term Investing NEW YORK–(BUSINESS WIRE)–BlackRock announced today the launch of the iShares Future Baller$ Program supporting top-ranked U.S. men’s professional basketball prospects as they work to achieve long-term financial well-being. The iShares Future Baller$ team includes five of the game’s most promising new stars: Bennedict Mathurin, E.J. […]

XTM Launches Three Large U.S. Restaurant Chains to Its Today™ Program for Digital Staff Payout

Payment Initiated for Hospitality Staff Working Across 50+ U.S Rooftops MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that it has signed agreements with three […]

Splunk Helps Nubank Deliver Digital Banking to Millions

One of the Largest Digital Banking Platforms in the World Trusts the Splunk Cloud Platform to Enable and Optimize Business SAN FRANCISCO & LAS VEGAS–(BUSINESS WIRE)–#splunknews—.conf22— Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced Nubank is using the Splunk® Cloud Platform to help support nearly 60 million digital banking […]

.conf22: Splunk Delivers Advancements Across Products and Partner Community

New Capabilities Help Organizations Innovate With Greater Speed and Agility SAN FRANCISCO & LAS VEGAS–(BUSINESS WIRE)–#splunknews—.conf22–Splunk Inc. (NASDAQ: SPLK), the data platform leader for security and observability, today announced new capabilities to power integrated security and observability on a shared data platform at its annual user conference, .conf22. New product enhancements to Splunk’s unified security […]

Blankfactor Sees Unprecedented Growth Building Dynamic Global Workforce to Serve the Financial Services Industry

Company Executive to Speak at Fintech South in Atlanta, June 14 – 15 MIAMI–(BUSINESS WIRE)–Blankfactor, a technology provider of end-to-end digital transformation solutions for financial services, has experienced significant growth in 2022. Driven by increased demand for custom solutions in the financial industry, the company has nearly tripled in size in the past 12-months, with […]

World Innovation Lab Raises $1 Billion to Bridge the Innovation Gap Across the Global Venture Ecosystem

Influx of capital will fuel WiL Ventures III fund, WiL Strategic Partners funds and Corporate Venture Capital funds; WiL’s capital commitments now exceed $1.9 billion WiL’s mission: bridge the innovation gap between Japan, the US and the rest of the world WiL’s investment thesis: provide growth investment capital for innovators across the spectrum of digital […]

CRISIL Selects BackBay Communications as Agency of Record

Leading, Agile and Innovative Global Analytics Company Selects Financial Services PR Firm BackBay BOSTON–(BUSINESS WIRE)–CRISIL, an S&P Global company, has selected BackBay Communications as its international agency of record in the United States, United Kingdom, and European Union markets. BackBay is an integrated financial services public relations, content development, and digital marketing agency with dedicated […]

New report reveals FinTechs increasingly focused on ethical and sustainable growth

The Payment Association’s new research identifies sustainability superheroes working within the FinTech industry at the forefront of making ethical and sustainable growth The report offers businesses advice, inspiration and real-world best practices, consisting of case studies from Mastercard, FIS and Algbra The project also shows that The Payment Association’s members are making significant progress towards […]

Digital Banking and Payments Start-up Revolut Partners With Vonage to Improve Customer Service Experience

Revolut, which already uses the Vonage SMS API for customer authentication, will benefit from a fully-integrated experience and single source of customer support LONDON–(BUSINESS WIRE)–Vonage (Nasdaq: VG), a global leader in cloud communications helping businesses accelerate their digital transformation, today announced that global financial super app Revolut has selected the Vonage Contact Center (VCC) for […]

LeaseQuery Recognized by SIIA as Best FinTech Solution

LeaseQuery Earns Prestigious Industry Recognition ATLANTA–(BUSINESS WIRE)–LeaseQuery, a leading provider of software built to simplify the complexities of accounting, has been named the best FinTech Solution of 2022 as part of the annual SIIA CODiE Awards. The CODiE Awards recognize the companies producing the most innovative business technology products across the country, and around the […]

Model Match and Total Expert Team-up to Launch Enhanced Outreach Capabilities to Priority Prospects

Talent management solution provider and leading fintech software company combine their technology to help lenders and recruiting teams deliver highly-targeted content directly to talent SAN CLEMENTE, Calif.–(BUSINESS WIRE)–Model Match, the only talent management system (TMS) intentionally designed for the mortgage industry, has partnered with Total Expert, the CRM and customer engagement platform purpose-built for modern […]

ICE Best Execution Platform Expands Coverage to Over 2 Million Fixed Income Securities

New viewer allows for optimized usage across the front-, middle- and back-office ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced enhancements to its Best Execution service, which more than doubles coverage to over 2 million fixed income instruments. This product expansion includes […]

Clover Sport Enhances Fan Experiences and Streamlines Stadium Operations Globally

More than 300 sports and entertainment venues are innovating fan interactions via point-of-sale hardware, software and specialized services BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling arenas, stadiums and entertainment venues of all sizes to deliver next generation fan experiences and foodservice operations with […]

Certegy and Trust Payments to Collaborate on Offerings to Enhance Online Shopping Experiences

CLEARWATER, Fla. & ROSWELL, Ga.–(BUSINESS WIRE)–Certegy, a leading ACH payments and risk management company, today announced a new collaboration with Trust Payments, the disruptive leader in fintech specializing in frictionless commerce and value-added services, that will bring Certegy’s white label Buy Now, Pay Later (BNPL) and BankPay offerings together with Trust Payments’ ecommerce and payment […]

MarketVector Indexes Announces Quarterly and Semi-Annual Index Review Results for Q2 2022

FRANKFURT, Germany–(BUSINESS WIRE)–MarketVector Indexes GmbH announced the results of the quarterly and semi-annual MVIS® Index review. The following table shows a summary of the review results for selected indexes, which are licensed to underlie financial products. All review results and more details can be found on www.mvis-indices.com. The following changes will be implemented for some […]

AM Best to Join Panel Discussion on Product Innovation at Retiretech Forum

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best will participate in a panel discussion at the inaugural Retiretech Forum, scheduled for June 22, 2022, and hosted by Nassau Re/Imagine in Hartford, CT. Bruno Caron, associate director, AM Best, will join the session, titled, “How Will Key Product Categories Evolve over the Next Five Years?” which will focus on retirement […]

Bermuda Launches First Digital Asset Industry Association of Fully Licensed and Regulated Companies at Consensus 2022

“NEXT” reflects Bermuda’s momentum in attracting institutional-grade digital asset companies seeking a credible regulatory jurisdiction to operate globally HAMILTON, Bermuda–(BUSINESS WIRE)–#NEXTBermuda–Bermuda’s Premier, the Honorable David Burt, JP, MP, announced during his keynote address yesterday at Consensus, that 14 leading digital asset companies licensed by the Bermuda Monetary Authority (BMA) have created the first-of-its-kind collective industry […]

The City of Clearwater Launches New Online Payment System with InvoiceCloud

New portal will give customers enhanced, easy-to-use options to securely pay bills electronically CLEARWATER, Fla. & BOSTON–(BUSINESS WIRE)–The city of Clearwater has chosen InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, to launch an enhanced online billing and payment system for Clearwater customers. The new online payment portal launched May 31. With […]

Simplify Announces Two ETF Closures

NEW YORK–(BUSINESS WIRE)–The Board of Trustees (the “Board”) of Simplify Exchange Traded Funds (the “Trust”) has determined that it is in the best interests of shareholders to liquidate the VFIN (Simplify Volt Fintech Disruption ETF) & VPOP (Simplify Volt Pop Culture Disruption ETF) ETFs (the “Funds”), a series of the Trust, following a recommendation by […]

Citi Global Wealth Investments Issues Mid-Year Outlook 2022: Investing in the Afterglow of a Boom

After a tough start to 2022, Citi explores what may lie ahead for investors, highlighting quality and resilience in portfolios NEW YORK–(BUSINESS WIRE)–Citi Global Wealth Investments today released its Mid-Year Outlook 2022 report: Investing in the afterglow of a boom. This biannual report sets out Citi’s outlook on rapid developments in the global economy, markets […]

Western Union Integrates Mambu Into Its New Digital Bank Platform in Europe

MIAMI–(BUSINESS WIRE)–#CloudBanking—Mambu, the cloud banking platform, has teamed up with Western Union, a global leader in cross-border, cross-currency money movement and payments, to integrate its solution into the latter’s next generation real time multi-currency digital wallet and digital banking platform in Europe. Mambu will enable Western Union to extend the relationship with its customers, and […]

Rectangle Health’s Care Now, Pay Later Patient Finance Offering Launches With Partner, Healthcare Finance Direct

VALHALLA, N.Y.–(BUSINESS WIRE)–Rectangle Health, a leading provider of healthcare financial technology and patient engagement solutions, has partnered with Healthcare Finance Direct (HFD) to launch their Care Now, Pay Later℠ patient finance offering. Through direct integration with HFD, providers can work effectively with patients who would prefer to pay their balance over time instead of at […]

DeepTarget’s DXP and 3D StoryTeller™ Recognized As Highly Commended “Tech of the Future”

HUNTSVILLE, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a Fintech company that simplifies digital marketing for banks and credit unions while utilizing data insights and AI to deliver personalized offers and messages across digital channels, today announced that its patented Digital Experience Platform (DXP) and 3D StoryTeller™ received a Highly Commended recognition for the “Tech of the Future” category […]

Klar Announces USD $90M Funding Round to Continue Reinventing Personal Digital Finance in Mexico

MEXICO CITY–(BUSINESS WIRE)–Klar, a leading digital financial services platform providing a transparent, free, and secure alternative to legacy banking services in Mexico, today announced a USD $90M funding round led by General Atlantic, a leading global growth equity firm. Prosus Ventures, Quona, Mouro, IFC, Acrew, WTI, and Endeavor Catalyst also participated in the round. Klar […]

S3 AIR Summit 6.0 Announces 2022 Agenda, Headlined by Fintech and Investment Management Executives

AlphaTech conference to be held on June 13 at the New York Stock Exchange NEW YORK–(BUSINESS WIRE)–S3 Partners, a leading technology and financial data analytics company, today announced the agenda for S3 AIR Summit 6.0, the investment management industry’s only conference focused solely on AlphaTech. S3 AIR Summit will convene over 200 senior capital markets […]

NICE Actimize Named Category Winner for Suitability in WealthTechAsia Awards for the Second Consecutive Year

NICE Actimize emerged as the 2022 Suitability Winner through the successful implementation of its holistic surveillance solutions offerings HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, was named the winner in the Suitability (Pan Asia) category by WealthTechAsia Awards for the second consecutive year. Sponsored by WealthBriefing, a publication of Clearview Financial Media and […]

Business Warrior Acquires FinTech SaaS Company, Alchemy Technologies

Acquisition bolsters the Company’s FinTech offerings and broadens reach to a worldwide level PHOENIX–(BUSINESS WIRE)–$BZWR #SEO—Business Warrior Corp. (OTC: BZWR), the source for small businesses in America to get more customers, today announces the acquisition of Alchemy Technologies, a global FinTech software as a service (SaaS) company. The acquisition strengthens Business Warrior’s core marketing and […]

Pontera and RFG Advisory Announce Partnership to Help Advisors Manage Clients’ Retirement Assets

RIA firm RFG Advisory partners with Pontera to securely and compliantly manage clients’ held away accounts, including 401(k)s, 403(b)s, and more. NEW YORK & VESTAVIA HILLS, Ala.–(BUSINESS WIRE)–#401k–Financial technology company Pontera, formerly known as FeeX, today announced a partnership with RFG Advisory, a hybrid Registered Investment Advisory firm, to enable their independent financial advisors to […]

Mobile Gaming Is Reimagined With the Release of the Razer Kishi V2

Incorporating console-quality controls, an extendable bridge for universal compatibility, an integrated subscription-free Razer Nexus app, and more, ​the Razer Kishi V2 improves on the award-winning mobile gaming controller. IRVINE, Calif.–(BUSINESS WIRE)–Razer™, the leading global lifestyle brand for gamers, today announced the launch of Razer Kishi V2 for Android, with an iPhone release confirmed for later […]

AmTrust Scores a Win-Win With Small Businesses, Ensuring Quality Care for Injured Employees

Partnership with CLARA Analytics Matches Injured Employees with High-Quality Health Care Providers NEW YORK & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—AmTrust Financial Services (AmTrust), a major global specialty property and casualty insurer and third largest workers’ compensation carrier in the nation, and CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology for commercial insurance claims […]

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