Business Wire


GeoWealth Enhances its Enterprise Technology Platform by Integrating 55ip’s Tax-Smart Portfolio Implementation Capabilities

RIA-focused TAMP adds to its modern, agile platform with the addition of 55ip’s tax technology CHICAGO–(BUSINESS WIRE)–#55ip—GeoWealth, a modern turnkey asset management platform (TAMP) built for advisors, today announced a strategic partnership with 55ip, the technology platform designed to deliver personalized tax management for independent advisors (RIAs). Continued market volatility, the potential for rising tax […]

Laminar Doubles Funding in Less Than Six Months to $67 Million, Leading the Way in Cloud Data Security

Public cloud data security leader secures $30 million extended Series A, with participation from Tiger Global Management and Salesforce Ventures, and launches three new product capabilities TEL AVIV & NEW YORK–(BUSINESS WIRE)–#Laminar—Laminar, a public cloud data security provider, announced today that they have raised an additional $30 million, nearly doubling its funding to $67 million […]

Brooklyn Investment Group and Apex to Launch A.I. Powered Unified Managed Account Platform Across Digital and Traditional Assets

Solution Will Service Independent Financial Advisors Through Apex Clearing, Apex Crypto, and Brooklyn Investment Group Managed Accounts Platform to Integrate Investing in Crypto and Traditional Assets Through One Custodian BROOKLYN, N.Y.–(BUSINESS WIRE)–Brooklyn Investment Group, LLC (“Brooklyn”), an A.I. powered managed accounts platform and Apex Fintech Solutions Inc. (“Apex”), the “fintech for fintechs,” today announced a […]

Fortanix Launches the Industry’s First Web 3.0-era Solutions Based on Confidential Computing to Secure Sensitive Digital Assets and Blockchain Infrastructure

New suite integrated within Fortanix Data Security Manager adopts a 360-degree platform approach and FIPS 140-2 Level 3 certification to deliver unprecedented digital security for decentralized finance MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security company and leader in Confidential Computing, today announced the launch of a new suite of Secure Web 3.0 Infrastructure […]

Discover’s Credit Card Mobile App and Website Both Rank Highest in Customer Satisfaction by J.D. Power

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover’s credit card mobile app, as well as its website, Discover.com, ranked highest in customer satisfaction among U.S. credit card companies, according to the J.D. Power U.S. Credit Card Mobile App Satisfaction StudySM and the U.S. Online Credit Card Satisfaction StudySM. Discover’s mobile app scored 876 out of a possible 1,000, outpacing the […]

RIDDLE&CODE is Partnering With Influx Technology to Develop the Next Generation of its Drive&Stake Stack

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE is partnering with Influx Technology LTD to develop the next generation of its Drive&Stake stack. This collaboration focuses on the further evolution of Drive&Stake hardware to transform vehicles into autonomous agents in a new era of mobility. RIDDLE&CODE and Influx Technology are working together to build a powerful and flexible toolchain for original […]

Marqeta Joins Mastercard’s Network Enablement Partner Program in Asia Pacific, Enabling Live Issuance on a Faster Timeline

Building on its existing global partnership, Marqeta will work directly with Mastercard to accelerate speed to market for its customers in APAC OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it is part of the first cohort of companies to join Mastercard’s Network Enablement Partner (NEP) program in the […]

The ROIG Group Announces Expansion of Payments Practice

Kasasa and Seattle Bank are among clients to benefit from ROIG’s 360-Degree View MINNEAPOLIS–(BUSINESS WIRE)–The ROIG Group, a specialized consultancy with a relentless focus on executable, customer-centered outcomes, is pleased to announce two new clients to its recently launched Payments Practice. The expansion of The ROIG Group’s consulting offerings, led by industry experts Sheree Thornsberry […]

tastytrade Management Evolves to Drive Next Stage of Growth

CHICAGO & LONDON–(BUSINESS WIRE)–IG Group (LON:IGG), a leading, global fintech at the forefront of online trading, today announced an evolution of management at tastytrade. Since tastytrade became part of IG Group in June 2021, the Company’s focus has been on integration which has gone very well, with successful cross pollination and synergies created across the […]

Teslar Software Recognized as a 2022 Best Place to Work in Financial Technology

Fintech acknowledged by Arizent for balanced, flexible workplace, dedication to employee advancement SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of lending process automation tools for community financial institutions, has been named a 2022 Best Place to Work in Financial Technology by Arizent and Best Companies Group. Fintechs were selected for the list based on an evaluation of […]

Deep Knowledge Group’s General Partner Dmitry Kaminskiy Presents Keynote Address at Davos Longevity Investment Summit During World Economic Forum 2022

DAVOS, Switzerland–(BUSINESS WIRE)–Deep Knowledge Group General Partner Dmitry Kaminskiy delivered a keynote address on the current state and future of the Longevity Industry at Davos Longevity Investment Summit during the World Economic Forum 2022. Deep Knowledge Group is a consortium of commercial and non-profit organisations active on multiple fronts in the realm of DeepTech and […]

Savant Wealth Management Invests $3M in Advice Engagement Platform Lumiant

Strategic partnership will power Lumiant’s rapid expansion in the United States CHICAGO–(BUSINESS WIRE)–#Accountants—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 announces it has secured a $3 million investment to support its expansion […]

Modus Create Acquires European Software Engineering Firm Tweag

This acquisition is the second in two months for Modus Create RESTON, Va.–(BUSINESS WIRE)–#DigitalTransformation—Modus Create, a global provider of digital transformation and product development services, announced today that it has acquired Tweag, a software engineering company providing high levels of software assurance to its clients in the fintech, biopharma and autonomous vehicle space. This announcement […]

BlackRock Updates Multifactor ETF Suite to Serve as Portfolio Building Blocks

NEW YORK–(BUSINESS WIRE)–Effective today, BlackRock implemented changes to the iShares Multifactor suite, bringing enhanced systematic multifactor investing capabilities to the foundation of portfolio construction. The iShares US Equity Factor ETF (LRGF) and the iShares International Equity Factor ETF (INTF) updates are as follows: Summary of Enhancements LRGF INTF New Fund Name iShares US Equity Factor […]

Velocity Solutions Announces VelocityConnector™ to Enable Efficient and Secure API Connections to Disparate Banking Data Systems

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Fintech–Velocity Solutions announces the VelocityConnector™ to enable banks and credit unions to access data across disparate banking systems and give fintech providers a more efficient integration method through its set of APIs powered by the Velocity Intelligent Platform®. The Velocity Intelligent Platform is an innovative, machine-led banking management platform that powers all […]

Magellan, Enterprise and ICE Announce Update on Terminal Transfers of Midland WTI AGC Futures

TULSA, Okla., & HOUSTON–(BUSINESS WIRE)–Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced that the “no-charge” arrangement between the Magellan East Houston (“MEH”) and the Enterprise Crude Houston (“ECHO”) terminals to transfer crude oil delivered through the Midland WTI AGC futures contract (ICE: HOU) […]

Salary Finance Joins Paylogix Co-Op Funding Program® as Financial Wellbeing Partner

Paylogix will provide technology and services in connection with Salary Finance’s socially responsible financial products BOSTON–(BUSINESS WIRE)–#benefits—Salary Finance, the leading global provider of socially responsible financial products in the workplace, announced today that it has formed a partnership with Paylogix, the premium technology solution provider in the administration of voluntary benefits. Salary Finance’s suite of […]

NICE Actimize Named Category Winner as “Best Solution for Managing Financial Crime” by 2022 Europe RegTech Insight Awards

NICE Actimize’s entity-centric approach improves the accuracy of financial crime detection through a stronger understanding of customers and their data HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize (Nasdaq: NICE) was named the category winner for “Best Solution for Managing Financial Crime” in A-Team Group’s 2022 Europe RegTech Insight Awards marking its fifth consecutive yearly win across this awards […]

BitNile Holdings Issues May Bitcoin Production and Mining Operation Report

The Company has self-mined 210 Bitcoin to date at its Michigan data center LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—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 […]

Fintech AI Leader Photon Commerce Partners With Identifee to Enable Banks to Instantly Digitize and Analyze Statements

SAN FRANCISCO–(BUSINESS WIRE)–#banking–Photon Commerce, the leader in artificial intelligence for fintech, today announced a strategic collaboration with Identifee, the connected platform for financial services, to enable banks to instantly digitize, analyze and deliver insights from PDF and paper statements. With this new partnership, Identifee will embed Photon Commerce’s natural language AI API into its platform, […]

CORRECTING and REPLACING Paystand Launches the First Industry-Leading, Self-Driving AR Solution That Puts the Cash Cycle on Auto-Pilot for Faster, Simpler Payments

Paystand’s industry-leading AR solution enables fast, efficient, and profitable payments, delivering advanced features for accepting deposits for Quotes & Estimates, auto conversion of Quotes to Sales Orders, instant Cash Sales for Sales Orders, and AutoPay upon Fulfillment. SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Please replace the release issued May 25, 2022, at 08:00 AM Eastern Daylight Time with […]

Customers Bancorp Shareholders Approve All Proposals in Online Annual Meeting

WYOMISSING, Pa.–(BUSINESS WIRE)–$CUBI #AnnualMeeting–Shareholders of Customers Bancorp, Inc. (NYSE:CUBI) – parent of Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation, met in a virtual annual meeting Tuesday, May 31 electing three directors, ratifying the appointment of Deloitte & Touche LLP as the Bank’s independent registered public accounting firm, […]

Visa Partners with Fundbox to Enable New Payment Capabilities for Small Businesses

Collaboration strengthens payment offerings for embedded working capital platform SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V), a world leader in digital payments, announced today that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform with the power of digital payments. The first step in this collaboration is the launch […]

GLORY Invests in North America Fintech Clip Money Inc. to Deliver Enhanced Deposit Services for Businesses

BASINGSTOKE, England–(BUSINESS WIRE)–#cash–Glory, a global leader in cash technology solutions to the financial and retail industries, today announced their participation in the latest fundraising round by Clip Money Inc. (TSXV: CLIP) a Fintech operating in Canada and the United States. Clip Money simplifies the challenges businesses face when depositing cash, avoiding trips to the bank […]

Cross River Convenes Industry Leaders, Elected Officials and Policy Makers to Showcase True Public-Private Collaboration in Fintech

Focused on industry growth and innovation, Cross River leads finance into the future and propels conversations, experiences and fruitful networking at Fintech Nexus 2022 FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, convened a robust week of important conversations at Fintech Nexus 2022, to bolster the […]

RIDDLE&CODE Joins the Catena-X Automotive Network

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE is now a member of the Catena-X Automotive Network e.V, an automotive association formed by leading industry players. Both Catena-X and RIDDLE&CODE aim to establish a decentralised data ecosystem through tokenization, tamper-proof identities, and digital twins of machines, vehicles and their components. Catena-X is dedicated to developing an open, scalable industrial ecosystem that […]

Ant Group Appointed by Elevandi as Advisory Committee Member

Extending the company’s efforts in fostering close collaboration with ecosystem partners and contributing to the advancement of FinTech SINGAPORE–(BUSINESS WIRE)–Ant Group has been appointed as a member on the advisory committee of Elevandi, a company set up by the Monetary Authority of Singapore (MAS) with a mission to foster an open dialogue between the public […]

Financing Platform Debite Launches to Fuel UK Start-up Growth

Built to solve cashflow management issues of underserved early-stage companies Launch follows £2.5m pre-seed round with products including easy-access loans and a corporate credit card Led by team of experts, founders and entrepreneurs from J.P. Morgan, Bain & Co. and Cleanzy The platform has over 100 start-ups on its pre-launch waiting list, with demand for […]

Verimatrix To Participate in BroadcastAsia, Money 20/20 Europe

Head of Channels and Alliances for Verimatrix to serve on keynote panel at BroadcastAsia AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News: Verimatrix, (Paris:VMX) (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced it will participate in two upcoming events in June 2022: BroadcastAsia – June 1-3 – Singapore […]

Juniper Research: Biometrically Authenticated Remote Mobile Payments to Reach $1.2 Trillion Globally by 2027

Security Regulations to Drive Adoption of Biometric Authentication Systems BASINGSTOKE, England–(BUSINESS WIRE)–#mobilepaymentbiometricauthentication–A new study from Juniper Research has found the value of biometrically authenticated remote mobile payments will reach $1.2 trillion globally by 2027; rising from $332 billion in 2022. These transactions use biometrics, typically facial and fingerprint recognition, to authenticate remote mobile payments. This […]

The IoT Community Announces Synadia as a Gold-level Corporate Member in its Elite IoT Ecosystem

Derek Collison, Founder & CEO, Synadia Communications, Inc, appointed to the IoT Community Advisory Board Collison and Synadia, to deliver virtual keynote and participate in IoT Center of Excellence discussions at the IoT Slam Live 2022 conference, June 22-23, Cary, North Carolina, USA LONDON–(BUSINESS WIRE)–#5G–The IoT CommunityTM (Internet of Things Community), the world’s largest community […]

Wolters Kluwer Wins Third Consecutive FTF News Innovation Award for Operational Risk Management Excellence

OneSumX® for Operational Risk solution continues to dominate this arena for financial services providers MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Compliance Solutions has earned a 2022 FTF News Technology Innovation Award for its OneSumX® for Operational Risk solution, marking the third consecutive year in which this technology has earned top honors for excellence in product innovation. The FTF […]

Trading Central wins at the Technical Analyst Awards

OTTAWA, Ontario & PARIS–(BUSINESS WIRE)–The Technical Analyst Awards recognize the best in market research, financial data, software and artificial intelligence. At the 2022 edition, industry peers voted Trading Central a winner in three categories: Best AI Product, Most Innovative New Product & Best Multi-Asset Data Provider. Trading Central’s suite of embeddable apps & APIs power […]

CreditPoint Announces Launch of New Bureau Management Library (BML)

TULSA, Okla.–(BUSINESS WIRE)–CreditPoint Software LLC, the leading provider of credit risk management software in the Fintech order-to-cash space, announced the launch of its new Bureau Management Library. With the launch of BML, CreditPoint now has over 15 built-in API integrations to the world’s leading bureaus and business data reporting systems. The goal of the BML […]

Wellington-Altus Partners with CapIntel to Put More Innovation in Advisors’ Hands

CapIntel’s partnership with Wellington-Altus reflects the wealth management industry’s growing adoption of technology platforms that support advisors in delivering better outcomes for clients. WINNIPEG, MANITOBA & TORONTO & MONTREAL–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors announces a strategic relationship with Wellington-Altus Financial Inc. (Wellington-Altus), […]

MDT Credit Unions Live with DeepTarget Integration into Jack Henry’s Banno Digital Platform

Altana FCU and LAFCU leverage DeepTarget’s sophisticated engagement and sales tools within their digital banking environment through MDT partnership FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that the DeepTarget integration […]

Gresham Worldwide, a BitNile Holdings Subsidiary, Booked New Orders Exceeding $8.6 Million in the First Quarter of 2022

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announces its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide”), booked orders for new business exceeding $8.6 million in the first quarter ended March 31, 2022, continuing momentum from the latter half of 2021. While new orders in […]

Pemo Launches All-in-One Spend Management Platform for MENA SMEs Following $12 Million Seed Round

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced that it has launched its all-in-one spend management platform. Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in […]

Q2 Accelerates Innovation and Speed of Delivery for MAX Credit Union

Within its first year of adoption, MAX Credit Union has ushered in a companywide digital-first culture with Q2 Innovation Studio, resulting in huge savings of time and money AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Alabama-based MAX Credit Union (“MAX”) […]

Mambu and Brim Financial Partner to Deliver Transformative Digital Banking, Embedded Finance Products Platform in Real-Time

Integrated platform provides powerful user experience, enables rapid speed to market with next-generation products MIAMI–(BUSINESS WIRE)–Market-leading SaaS banking platform Mambu, and Brim Financial (Brim), one of the fastest growing fintech companies in North America, today announced a strategic partnership to deliver a modern, more powerful digital banking, deposit, lending and cards platform across Canada and […]