Business Wire


Rapid Finance Announces New Brand Identity, Website, and New Business Lines

BETHESDA, Md.–(BUSINESS WIRE)–Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced updates to its corporate branding in response to accelerated company growth and strong industry adoption of its scalable, purpose-built solutions to drive efficient SMB financing and servicing. In addition to […]

CORRECTING and REPLACING Smartria® Announces Partnership with StratiFi to Offer Innovative Risk and Compliance Management Solution

An integration between award-winning platforms Smartria and StratiFi offers firms access to real-time integrated portfolio and employee risk dashboards within Smartria. KNOXVILLE, Tenn.–(BUSINESS WIRE)–#Compliance–Please replace the release issued September 20, 2022, with the following corrected version due to multiple revisions. The updated release reads: SMARTRIA® ANNOUNCES PARTNERSHIP WITH STRATIFI TO OFFER INNOVATIVE RISK AND COMPLIANCE […]

Invstr Launches Investing for Families With Invstr Jr Trust Accounts, Enabling Children & Teens to Learn to Invest & Manage Money

New Product from Best Investment App for Education as Rated by Bankrate, Empowers Parents to Gift Money Tax-Efficiently & Raise Financially-Smart Children NEW YORK–(BUSINESS WIRE)–Invstr, the leading financial education and investment app, dubbed the Anti-Robinhood by Forbes, announces the launch of Invstr Jr. The new Invstr custodial account enables those under the age of 18 […]

CAIS Announces Partnership with Ares Wealth Management Solutions to Support Greater Access to Alternatives for Independent Wealth Channel

Michael Arougheti, Co-Founder, Chief Executive Officer, and President at Ares, to Speak at the CAIS Alternative Investment Summit in October NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced its collaboration with Ares Wealth Management Solutions (“AWMS”) to onboard select Ares Management (“Ares”) alternative investment strategies and expand their reach to a broader audience […]

Hamilton Reserve Bank Partners with Mastercard to Drive Secure Payments with Speed Around the World

JESSUPS ESTATE, Saint Kitts and Nevis–(BUSINESS WIRE)–#bank–Hamilton Reserve Bank (www.hrbank.com), the hometown bank of America’s founding father Alexander Hamilton (born 1755) and the largest global bank in the region, has partnered with Mastercard to allow fast, secure cross-border payments. Through a single, secure point of access, Mastercard Cross-Border Services enables Hamilton Reserve Bank to reach […]

Streamline Investigation, Medical and Records Management with ISG’s New Guidewire Marketplace App

SAN MATEO, Calif. and DANVERS, Mass.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and Insight Service Group (ISG) announced that ISG’s new Ready for Guidewire validated accelerator for ClaimCenter is now available to users in the Guidewire Marketplace. The COVID-19 pandemic has put great stress on insurers and their workforce. As a part of its 2022 US Property Claims […]

Healthcare Sector Leads the Way for Fix Rate of Software Security Flaws

Still, 77 percent of healthcare apps contain vulnerabilities and 21 percent of these are categorized as “high severity” BURLINGTON, Mass.–(BUSINESS WIRE)–#AppSec—Veracode, a leading global provider of application security testing solutions, today revealed that the healthcare sector takes first place for the proportion of software security flaws that are fixed, at 27 percent. The sector overtook […]

Mastercard’s Ethoca Teams With ChargebackZero to Lower Chargebacks

NEW DELHI–(BUSINESS WIRE)–#AI—ChargebackZero is partnering with Ethoca, a Mastercard company, to help merchants minimize chargebacks, lower consumer transaction confusion, and share details of confirmed fraud and dispute information. As part of the integration, we would prevent chargebacks using an alert mechanism. These Chargeback alerts are like a warning signal of an impending chargeback. The alerts […]

AccessFintech Raises $60 Million in Series C Led By WestCap

Additional participation by BNY Mellon and Bank of America LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–#AFT–AccessFintech, the leading fintech company evolving the capital markets operating model through data and workflow collaboration, today announced the successful completion of its $60 million Series C funding round, led by WestCap. As the lead investor, WestCap brings […]

58% Of Parents With College-Bound Children Have Changed Their Minds and Now Plan to Apply for Financial Student Aid

72% of parents with college-bound children say they plan to fill out the FAFSA®, the first step for those looking to apply for federal student aid RIVERWOODS, Ill.–(BUSINESS WIRE)–#fortune500–An annual survey from Discover® Student Loans revealed that 58% of parents with college-bound students didn’t plan on applying for federal aid, but now have changed their […]

iJoin Leverages Coherent Spark to Accelerate Speed to Market for Retirement Income Products Designed for Hyper-Personalization

Coherent Spark is a no-code solution that supercharges spreadsheets, enabling iJoin to integrate sophisticated algorithms originally built in spreadsheets into a modern technology infrastructure for faster modeling, deployment, and iteration of industry-leading retirement products. TAMPA, Fla. & SCOTTSDALE, Ariz.–(BUSINESS WIRE)–LDI-MAP (d.b.a. iJoin), a leader in retirement plan technologies, announced today that it has selected Coherent, […]

Praxent Named a Certified MXmobile SDK Developer Partner

Praxent to help financial services companies design and build custom solutions leveraging the MXmobile platform AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech product agency with more than two decades of experience, has been named a certified MXmobile SDK development partner because of its deep expertise and proven success in product engineering and user experience work for the […]

Atomic and Aise Partner to Further Improve Financial Health for Employees

Atomic and Aise join hands to provide deeper financial insights and advantages to employees through employer-offered financial wellness benefits SALT LAKE CITY–(BUSINESS WIRE)–#fintech–Atomic, the market-leading provider of payroll connectivity, is announcing today its partnership with Aise, a B2B2C fintech financial wellness solution that markets to employers interested in offering their employees a pathway to improving […]

CL Life and Annuity Insurance Company Launches New MYGA Product to Market in Eight Weeks with FireLight®

CL Life implements FireLight to get new annuity products to market faster while delivering a streamlined, in-good-order e-Application and e-Signature submission experience. COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#FinTech–Insurance Technologies, LLC., a provider of sales and regulatory automation solutions for the life and annuities insurance industries, announces that CL Life and Annuity Insurance Company (“CL Life”), a provider […]

HSB Introduces Meshify Protect™ IoT Sensor App

Next generation mobile app for sensor monitoring and alerts Tracks property and equipment conditions 24/7 Fresh look and powerful new features Monitors IoT smart sensors that help prevent loss and downtime Connect and Protect, Even When You’re Not There HARTFORD, Conn.–(BUSINESS WIRE)–#IoT–HSB’s Internet of Things (IoT) customers can remotely monitor their property and equipment from […]

OriginClear Teams Up with Real Estate Leader for Off-Grid Housing

New project builds on successful PhilanthroInvestors partnership CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces its collaboration with Inc. 500 real estate pioneer Ivan Anz to develop off-grid housing solutions. Ivan founded PhilanthroInvestors™, which promotes human welfare while earning a financial return. “As people move into attractive cities and […]

Hurricane Electric Expands Network to TierPoint’s Little Rock Data Center

First Point of Presence in Arkansas will provide enterprises throughout central Arkansas with additional high-speed connectivity options LITTLE ROCK, Ark.–(BUSINESS WIRE)–Fremont, CA-based Hurricane Electric, the world’s largest IPv6-native Internet backbone announced today that it has deployed a new Point of Presence (PoP) in TierPoint’s Little Rock data center. The new PoP is located at 15707 […]

Lili Debuts “Lili Academy,” The First Free Video Course on How-To Run a Small Business in America, Revamps App

With 17M new small businesses predicted to form in 2022, Lili created an educational video series that offers a step-by-step, practical guide on how to navigate every aspect of entrepreneurship NEW YORK–(BUSINESS WIRE)–Lili, the leading financial one-stop-shop for small business owners, combining banking, tax management and accounting software into one, easy-to-use platform, today announced the […]

MTN Nigeria Launches Metamorphose, Powered by Tecnotree

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, the global leader of Digital Business Support Systems, announced its partnership with MTN Nigeria on a new initiative – Metamorphose. MTN Metamorphose is a transformation program to enhance the company’s digital presence for consumers and enterprises powered by Tecnotree’s digital suite. This initiative will transform MTN’s business and digital processes with a […]

Onfido Launches Motion, the Next Generation of Facial Biometric Technology, Improving Verification Speed by 12X

– Next generation facial biometric technology improves verification speed by 12X, detecting the presence of a real physical person in seconds – iBeta PAD Level 2-rated technology protects against display attacks and sophisticated 2D and 3D masks, improving fraud detection by 10X – Whitepaper outlines AI bias reduction providing fairer customer verification SAN FRANCISCO & […]

Taulia and Standard Chartered Sign MoU to Advance Working Capital Management Solutions and Strengthen Financial Supply Chains

SAN FRANCISCO & SINGAPORE–(BUSINESS WIRE)–Taulia, a leading provider of working capital solutions, and Standard Chartered have signed a memorandum of understanding (MoU) to collaborate across a range of working capital finance solutions, with an initial focus on the provision of supply chain finance and dynamic discounting. This marks the first MoU that Taulia has signed […]

Juniper Research: Digital Commerce Transaction Value to Reach $20 Trillion Globally by 2027, with eCommerce Experiencing Strong Growth

68% Growth in Digital Commerce Spend as Digital Payment Adoption Accelerates BASINGSTOKE, England–(BUSINESS WIRE)–#digitalcommercegrowth–A new study from Juniper Research has found the total value of digital commerce transactions globally will exceed $20 trillion by 2027, from $12.3 trillion in 2022. It predicts growth will be driven by increasing acceptance of digital payment methods and technologies […]

Global Financial Inclusion Index from Principal® Develops Benchmark for Financial Security and Inclusion Across Global Economies

New research analyzes and ranks 42 markets on public and private sector indicators of financial inclusion DES MOINES, Iowa–(BUSINESS WIRE)–Singapore is the world’s most financially inclusive market, alongside the U.S., Nordic Europe, and Hong Kong, according to the inaugural Global Financial Inclusion Index (Index) sponsored by Principal Financial Group®. The research, conducted by the Centre […]

FRISS Launches Industry’s First Trust Automation Platform

MASON, Ohio–(BUSINESS WIRE)–#AI–Good processes are at the heart of maintaining customer trust. There is however a key factor holding back the speed of insurance: trust. Therefore, FRISS today announced the launch of their Trust Automation Platform. While trust is important in any industry, it’s of ultimate importance in ours – it’s the very concept insurance […]

Galileo Expands Payment Risk Platform with DataVisor

Platform taps new DataVisor partnership and Galileo’s risk-scoring fraud engine to help clients proactively mitigate payments risk SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), has expanded its Galileo Payment Risk Platform jointly with DataVisor, a market leader in fraud and […]

Dividend Finance and OpenSolar Offer Innovative Financing Options for US-Based Solar Professionals

Finance company integration on OpenSolar provides a competitive sales edge for solar professionals to speed up sales success SAN FRANCISCO–(BUSINESS WIRE)–OpenSolar Pty Ltd, a software company focused on empowering solar installers with an extremely accurate and entirely free solar design and sales platform, and Dividend Finance, LLC (“Dividend” or the “Company”), a leading FinTech point-of-sale […]

Nymbus Joins Forces With Citizens Bank of Edmond to Launch a Niche Bank for Newly Enlisted Military Members and Families

JACKSONVILLE, Fla.–(BUSINESS WIRE)–#banking–NYMBUS®, a leading provider of banking technology solutions, today announced a partnership with Citizens Bank of Edmond to launch a financial brand offering bespoke financial services to newly enlisted members of the military. Citizens Bank of Edmond, based in Edmond, Oklahoma, specializes in community banking and lending is planning to expand its offerings […]

XTM Launches an Earned Wage Access Rebrand for Its Growing Today™ Membership

What’s better than getting paid? ‘Getting paid Today’ according to thousands of Today members. MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech—XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech innovator disseminating earned wages and providing gratuity access to contract workers, hospitality, personal care and service staff, is pleased to […]

Skience Launches Customized Product Bundles for Firms of All Sizes

Three tiers allow firms to select what they need without paying for what they don’t HERNDON, Va.–(BUSINESS WIRE)–#AdvisorTransitions—Skience, a leading financial services solution and consulting provider, today announced the launch of three new technology platform bundles to enable wealth management firms at every stage of growth to select the Skience tools and features they need […]

Smartria® Announces Integration with StatiFi, Developer of Award-Winning PRISM Rating™ Technology

Users of the award-winning Smartria compliance management platform will gain access to real-time integrated portfolio and employee risk dashboards through StratiFi partnership KNOXVILLE, Tenn.–(BUSINESS WIRE)–#Compliance–Smartria®, a powerful, easy-to-use cloud-based software solution designed to meet the specialized compliance management needs of investment advisors, compliance teams, operations teams, consultants, and attorneys is proud to announce a new […]

Teradata Again Ranked a Top 100 Global Provider of Financial Technology in the 2022 IDC FinTech Rankings Top 100

Teradata recognized as a Fast Track FinTech, moves up 7 places in ranking SAN DIEGO–(BUSINESS WIRE)–Teradata (NYSE: TDC) today announced that it has ranked #30 on the 2022 IDC FinTech Rankings, moving up seven places from the previous year’s ranking. This annual vendor ranking represents the leading hardware, software, and technology service providers to the […]

InvoiceCloud and Intellagents to Provide Premier Payments Experience to Insurance Ecosystems

HARTFORD, Conn. & BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, announced a new relationship with insurance software supplier Intellagents, a FatBrain AI company (OTC: LZGI), to provide insurance carriers and their policyholders with a premier billing and payments experience. InvoiceCloud and Intellagents will be sharing more about their joint offering […]

Aurora Solar Expands Partner Ecosystem to Increase Access to Solar Financing

Industry-leading financing providers Dividend, Mosaic, and Sungage Financial support the Aurora solar community SAN FRANCISCO–(BUSINESS WIRE)–#SaaS—Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, today announced Dividend, Mosaic, and Sungage Financial as key integrations for the Aurora platform. The addition of these […]

Oasis Pro Markets and Ownera Partner to Deliver Global Distribution for Digital Securities

LONDON–(BUSINESS WIRE)–#alternativeassets—Oasis Pro Markets, the first US-regulated alternative trading system designed to trade digital securities for digital cash, today announced a partnership with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute digital assets over the Ownera FinP2P network. The digital securities industry is growing fast but has lacked […]

Synctera Unlocks Innovation in Credit by Launching BaaS Industry’s First Line of Credit Product

Delivered via API, Synctera Line of Credit is the easiest way for companies to offer on-demand borrowing to their customers SAN FRANCISCO–(BUSINESS WIRE)–#Fintech–Synctera, a startup that helps companies build and launch FinTech apps and embedded financial products via its Banking as a Service (BaaS) platform, today announced the release of Synctera Line of Credit. A […]

Akur8 and Milliman Announce Global Expansion of Strategic Alliance, Joint Workshop and Panel at This Year’s ITC Vegas 2022

NEW YORK & SEATTLE–(BUSINESS WIRE)–Akur8, the next generation insurance pricing solution, and Milliman, a premier global consulting and actuarial firm, are excited to announce the global expansion of their strategic alliance. Working together, the Milliman and Akur8 collaboration brings next generation insurance pricing capabilities and consulting services to property & casualty (non-life) insurance carriers, insurtechs […]

Embroker Expands Suite of Product Lines Available by Vertical Markets, Deepens Specific Industry Expertise

Insurtech Embroker collaborates with vertical specialists to deliver new cannabis, venture capital and key person insurance products SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital platform making it radically simple to get business insurance, today announced the launch of three new insurance products – one for cannabis dispensaries, one for venture capital firms and one for key business […]

Mahalo Banking Partners with UnitedOne Credit Union to Provide Omni-Channel Member Experience

Credit union effectively implements new technology to unify and enhance digital experience for members TROY, Mich.–(BUSINESS WIRE)–#automation—Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced that it has successfully implemented its digital banking platform at Manitowoc, Wis.-based UnitedOne Credit Union (UnitedOne). The new solution delivers a consistent digital experience […]

POSaBIT Enters Illinois Market, Continues Streak of Record Payment Revenue Months

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has entered the recreational cannabis market in Illinois. This marks the twentieth state in which POSaBIT’s solutions are currently active, and the fourth new state the company has entered this […]

Tecnotree to Accelerate Digital Transition to the Cloud with Microsoft Azure Integration

FINLAND, Espoo–(BUSINESS WIRE)–Tecnotree, a global provider of Business Support Systems (BSS) for the telecoms industry announces it will provide Digital BSS products built on Microsoft Azure to Digital Service Providers (DSPs). Through this integration, service providers will be empowered to innovate and adapt quickly while delivering superior customer experiences. As 5G and the Internet-of-Things (IoT) […]