Core banking system developed in partnership with Accenture and running on Google Cloud will power global expansion as an embedded finance provider TOKYO–(BUSINESS WIRE)–#BaaS–Minna Bank, Ltd. today announced they have acquired a banking license on December 22, 2020 from the Financial Services Agency of Japan and will commence commercial operations in May 2021. A wholly […]
OMAHA, Neb.–(BUSINESS WIRE)–#digitalpayments—BHMI, a leading provider of payments software best known for its Concourse Financial Software Suite, is celebrating its 35th anniversary this year. Founded in 1986 by Chairman, Dr. Jack Baldwin; President, Dr. Lynne Baldwin; and SVP of Software Development, Mr. Michael Meeks, BHMI has remained a proven leader and trusted partner to […]
CIO 100 award recognizes excellence and innovation in IT RIVERWOODS, Ill.–(BUSINESS WIRE)–#CIO100–Discover Financial Services was selected as a 2021 CIO 100 award winner. For over 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. “The Cloud Data Fabric (CDF) […]
Partnership Fund for New York City, Outrun Ventures, Cris Conde, Gokul Rajaram, and Andy Brown join Cutover’s Series B financing as the company responds to growing demand for enterprise-wide orchestration LONDON–(BUSINESS WIRE)–Cutover, the first enterprise-wide work orchestration and observability platform that enables seamless human and machine collaboration, today announced the final close of its $35 […]
NEW YORK–(BUSINESS WIRE)–LeverData today announced the signing of its newest client, Dark Forest Capital Management LP. Dark Forest, a systematic hedge fund, will use the LeverData platform to centralize the onboarding and daily ingestion of data to facilitate their investment process. While many quantitative and fundamental hedge funds wrestle with the process of consuming massive […]
Ackroo expands their marketing offering and accelerates warrants HAMILTON, Ontario, March 25, 2021 (GLOBE NEWSWIRE) — Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce advancements to its AKR3 marketing platform. The Company is focused on enhancing its platform in […]
Funding accelerates software buildout to support surge in demand for more flexible, automated claims experiences. CHICAGO, March 25, 2021 (GLOBE NEWSWIRE) — Snapsheet, a leader in cloud-native claims management software, announced today it has raised $30MM in Series E2 financing. Ping An Global Voyager Fund and Pivot Investment Partners led the round. Existing investors include […]
Zedrick Applin to lead initiative as new Program Manager of Diversity, Equity, Inclusion & Community WILMINGTON, N.C., March 25, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced it is continuing to expand its efforts to positively impact the […]
FinTech Breakthrough evaluates leading achievements of world finance and technology companies and in 2021 selected the best ideas among a total of 3850 nominees. With an app that turns Аndroid smartphones into payment terminals, myPOS won the B2B innovation award in the Payments category. LONDON–(BUSINESS WIRE)–$myPOS #fintech—myPOS Glass application allows merchants to accept card and […]
Majority Black-owned firm founded by Adrian Fenty, Marlon Nichols, Michael Palank, and Charles D. King applies cultural investment thesis to invest in technology startups LOS ANGELES & PALO ALTO, Calif.–(BUSINESS WIRE)–Today, MaC Venture Capital, a seed-stage venture capital firm that invests in technology startups, announced it has raised its inaugural $103 million seed-stage fund. A […]
SAN DIEGO, March 25, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), the design of its long range radio prototype design incorporates a thermal control system for efficient heat dissipation. Advanced thermal engineering efforts are invested to ensure reliable operation of the Infinia radio system. The design includes a forced […]
Good morning, Please find below the press release issued today. Best regards,Marishka MartinsGroup PR Consultant | Group Marketing & Communications Capgemini Group | MumbaiTel.: +91 9930835325Email: [email protected]_____________________________ World Retail Banking Report 2021: To create new value, banks can adopt Banking-as-a-Service to embed finance in consumer lifestyles The post-COVID-19 era will be defined by […]
#1 in All AP Automation Index Reports, Momentum Grid® Leader in Multiple Categories, Grid® Leader in AP Automation and Invoice Management MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Stampli, a complete accounts payable (AP) automation platform that brings together AP communications, documentation, and payments in one place, has been named Leader in AP Automation, as well as Invoice Management […]
LONDON–(BUSINESS WIRE)–#FCACompliance–Today, MCO (MyComplianceOffice), the leading provider of compliance management software for financial services firms, announced that its platform and employee compliance suite were named a winner of the A-Team Innovation Awards 2021 in the category “Most Innovative Conduct Risk / SMCR / KYE / Staff Surveillance Project”. The recognition came despite stiff competition from […]
Sisense customers echo support for strong embedded capabilities; Tessitura Network says, “We never ran into a use case that we couldn’t do” NEW YORK–(BUSINESS WIRE)–Sisense, the leading AI-driven platform for infusing analytics everywhere, has been recognized as the leader in embedded business intelligence by G2, the world’s leading business solutions review website. The ratings are […]
Integration of Monetics debt platform delivers unified commercial loan and derivatives management for thousands of institutions, corporations, and middle-market participants SAN FRANCISCO, March 24, 2021 (GLOBE NEWSWIRE) — Derivative Path, a leading provider of capital markets technology and derivatives execution services to mid-sized U.S. financial institutions, has acquired Monetics, an innovative debt management platform servicing […]
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, March 24, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, has announced today the closing of the previously announced secondary offering on a bought deal basis […]
Dublin, March 24, 2021 (GLOBE NEWSWIRE) — The “Contactless Payment Market by Device Type and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. The report analyses the profiles of key players operating in the market include Gemalto, Giesecke+Devrient, Ingenico, InsideSecure, Oberthur Technologies S.A., On Track Innovations, PAX Technology, […]
TULSA, Okla., March 24, 2021 (GLOBE NEWSWIRE) — BOK Financial (NASDAQ: BOKF), announced today that Michael D. Kelly has been named the successor to retiring Brian Bourgeois and will assume the role of executive director of TransFund. Beginning with the installation of the first off-premise ATM in the state of Oklahoma in 1975, TransFund is […]
DN Capital and 3L Capital Co-Lead Round to Usher in a New Generation Identity Platform SAN FRANCISCO, March 24, 2021 (GLOBE NEWSWIRE) — Incode, the next generation identity verification and authentication platform for enterprises in the world, today announced a $25M Series A funding round, led by DN Capital and 3L Capital, with participation from […]
BOULDER, Colo.–(BUSINESS WIRE)–#Growjo–Growjo is happy to announce the release of the 500 fastest growing companies in NYC for 2021! Some of the top big apple companies represented include: ExecOnline, Covera Health, Bizzabo, Rhino Labs, Even Financial, Blueground Co, Vestwell, H1, The Guarantors, Columbia Care, Backstage, Sevenrooms, Hyperscience, Socure, Attentive, LeafLink, Electric AI, Expert Institute, and […]
In the Payment Processing category, GoCardless placed #1 in the momentum grid report and relationship index report SAN FRANCISCO–(BUSINESS WIRE)–GoCardless, the leading fintech for recurring payments, today announced that it is a leader in G2’s Spring 2021 Grid Reports in multiple categories, including Subscription Revenue Management, Enterprise Payment, and Payment Processing. In addition, the company […]
NEW YORK & DENVER–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce a $10 million credit facility for New York-based MayStreet Inc. (“MayStreet”), an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale its business. Founded in 2012, MayStreet offers market data technology that […]
The latest in a series of partnerships ensures Marstone is the platform of choice for organizations seeking to offer clients consolidated digital financial planning and wellness capabilities NEW YORK–(BUSINESS WIRE)–Marstone Inc., a leading independent digital wealth technology provider, today announced a commercial partnership with FreeWill, the digital estate planning solution. This announcement marks the latest […]
SEATTLE, March 24, 2021 (GLOBE NEWSWIRE) — The global contactless payments market was valued at US$ 11.2 Billion in 2019 and is estimated to account for 26.3 Billion in terms of value by the end of 2027. Contactless payment is a method to make a secure payment from your electronic devices like phone, computer, tablet, […]
Credit union executes successful virtual core conversion to MDT, increasing efficiencies and providing a more modern member experience with new core FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Peoples Advantage Federal Credit Union has successfully implemented the Episys® core processing system hosted by Member Driven Technologies (MDT), a CUSO that provides a private cloud alternative for core processing and […]
Global Acceptance will Grow for Both Companies Through Deal AMMAN, Jordan & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a digital banking and payments services company, and Network International Jordan, the leading enabler of digital commerce in the Middle East and Africa region and the operator of Jordanian national switch, JONET have signed an agreement that will enable merchant […]
List of the Companies Profiled in the Market: Visa Inc., Paytm, Microsoft Corporation, Google Inc., Amazon.com, Inc., Samsung Electronics Co. Ltd., PayPal Holdings Inc., MasterCard International Inc., Facebook Inc., Alipay.com Co Ltd Pune, India, March 24, 2021 (GLOBE NEWSWIRE) — The global digital payment market size is anticipated to reach a transaction value of USD […]
Series D financing values Feedzai well above $1 billion Capital to be used to further strengthen company’s market-leading position SAN MATEO, Calif. and LISBON, Portugal, March 24, 2021 (GLOBE NEWSWIRE) — Feedzai, the world’s leading cloud-based financial risk management platform, today announced a $200 million Series D investment round led by leading global investment firm […]
LONDON–(BUSINESS WIRE)–Citi has launched the first fully automated securities lending solution for wealth management firms they custody, in partnership with fintech firm Sharegain. Through Citi’s solution, wealth managers can deliver a securities lending program to their customers, giving them the opportunity to earn additional revenue on their stocks, bonds and ETFs, without developing an internal […]
Pandemic Ushers in Identity Fraud Scams SAN FRANCISCO–(BUSINESS WIRE)–The 2021 Identity Fraud Study, released today by Javelin Strategy & Research, part of the Escalent family, reveals a daunting new threat to consumers and businesses: identity fraud scams. While total combined fraud losses climbed to $56 billion in 2020, identity fraud scams accounted for $43 billion […]
Leading fintech software development company adds AI-powered virtual agents to implementation portfolio for financial sector clients SAN FRANCISCO, Calif. & STAVANGER, Norway–(BUSINESS WIRE)–#AI–TrueNorth, a global fintech software development company, and Boost.ai, a global leader in conversational artificial intelligence for Fortune 1000 companies, today announced a new partnership. This partnership streamlines the process of developing and […]
Partnership empowers borrowers with self-service tools to take control of their mortgage loans throughout future market cycles KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a five-year partnership extension with North Carolina-headquartered First Citizens Bank. The extension marks two decades of […]
Two of the industry’s leading tech providers have created a seamless integration experience for dispensaries across the country SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company with an industry-leading cannabis point of sale system and unique payment processing solutions for cash-only businesses with a focus on those within the cannabis industry, has […]
Odus (“Boogie”) Wittenburg Joins the Ecommerce Technology Company as it Unveils Headless Checkout Experiences and Sets Out to Hire 125 Employees in the Next 90 Days AUSTIN, Texas & WINNIPEG, Manitoba–(BUSINESS WIRE)–Bold Commerce, the ecommerce technology company that powers checkout, subscriptions and pricing experiences for leading retailers and DTC brands, has announced Odus Wittenburg as […]
Fintech alliance provides Nuvei’s merchants with access to leading end-to-end ‘push to pay’ alternative MONTREAL and NICOSIA, Cyprus, March 23, 2021 (GLOBE NEWSWIRE) — Mastercard and Nuvei Corporation (TSX: NVEI and NVEI.U) announced today that Mastercard Send will be integrated into Nuvei’s payment technology platform through its wholly owned subsidiary. The move strengthens the relationship […]
Counterpart’s first of its kind, data driven management liability platform and risk mitigation tools transform the $10bn management liability insurance market. LOS ANGELES–(BUSINESS WIRE)–Counterpart, the insurtech using technology and data to transform the $10bn management liability insurance market, has raised $10m in funding led by Valor Equity Partners, early backers of pioneering ventures like Tesla, […]
Wellfleet bridges digital divide with introduction of a revolutionary quote-to-claim insurance platform SPRINGFIELD, Mass. & SAN FRANCISCO–(BUSINESS WIRE)–Wellfleet, a Berkshire Hathaway company, recently launched “Lighthouse,” an innovative and proprietary platform designed to make quoting, implementing, and administering workplace benefits more accurate and efficient for brokers and clients. Built on EIS’ cutting-edge core system and digital […]
SAN DIEGO, CA, March 23, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (“GreenBox” or “the Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, today announced the launch of its newly designed corporate website at www.greenboxpos.com. The new site features a dynamic, user friendly and modern design, improved functionality, […]
Former CEO of Aon Hewitt and SunGard brings four decades of insurance industry perspective to fast-growing Insurtech company ALPHARETTA, GA , March 23, 2021 (GLOBE NEWSWIRE) — Decisely, an integrated benefits and HR solutions insurtech company serving the Small Business Market, announced today the addition of Russell Fradin to the fast-growing company’s Board of Directors. […]
