Techwire

Okta Secures the Identities of Banks, Accelerating Digital Transformation in Financial Services thumbnail

Okta Secures the Identities of Banks, Accelerating Digital Transformation in Financial Services

Financial services organizations deploy a single platform, the Okta Identity Cloud, to secure their workforces and customers SAN FRANCISCO–(BUSINESS WIRE)–Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced significant momentum in the financial services industry with new and expanded deployments for Canadian Western Bank, First National of Nebraska, and Nota, […]

CLARA Analytics Unveils Its AI-Based Litigation Avoidance Solution for Commercial Auto thumbnail

CLARA Analytics Unveils Its AI-Based Litigation Avoidance Solution for Commercial Auto

CLARA Litigation for Commercial Auto Reduces Attorney Involvement and Litigation Rates, Improves Loss Ratios SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced that it has expanded its proven litigation product into the commercial auto line. CLARA Litigation for Commercial Auto applies revolutionary […]

Ushur Expands Senior Leadership with Strategic Solutions Hire

Ushur Expands Senior Leadership with Strategic Solutions Hire

Former Pegasystems director will deliver Ushur’s technical capabilities throughout customer lifecycle SANTA CLARA, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) — Ushur, the no-code intelligent automation company, today announced that senior software executive John Lepore has joined as Global Head of Solutions Engineering. Lepore and his team will ensure the successful implementation, expansion and renewal of […]

Q2 Helps to Build Strong and Diverse Communities Around the World thumbnail

Q2 Helps to Build Strong and Diverse Communities Around the World

Donations Reinforce Company Mission and Address the Unique Challenges of 2020 AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its expanded support for organizations that are meaningful to employees around the world: Code2College, Black Girls Code, Year Up, International Relief Teams (IRT), and […]

SoftWorks AI, Tavant Partner to Provide Intelligent Document Automation Solutions for Digital Mortgages thumbnail

SoftWorks AI, Tavant Partner to Provide Intelligent Document Automation Solutions for Digital Mortgages

Joint solution streamlines creation, management of digital loan files, delivers touchless mortgage automation FOREST HILLS, N.Y.–(BUSINESS WIRE)–SoftWorks AI, an AI and computer vision-based mortgage automation firm, today announced it has entered a strategic alliance with Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, to provide organizations with an enhanced digital mortgage experience. SoftWorks […]

ClientPay Makes Payment Acceptance Simpler for Leading Law Firms Through Integrated Payment Pages thumbnail

ClientPay Makes Payment Acceptance Simpler for Leading Law Firms Through Integrated Payment Pages

The new integrated feature is available for all ClientPay Connect customers as part of the practice management system integration. ST. PAUL, Minn.–(BUSINESS WIRE)–#Accounting–ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, has announced enhanced integrations with some of the legal industry’s leading practice management solutions. Law firms using the ClientPay […]

Skyflow Joins Financial Data Exchange to Transform Secure Sharing of Banking Data thumbnail

Skyflow Joins Financial Data Exchange to Transform Secure Sharing of Banking Data

Company Extends Industry-First Privacy Cloud to Global Financial Services Firms PALO ALTO, Calif.–(BUSINESS WIRE)–#dataprivacy—Skyflow, the leader in protecting privacy for enterprises, today announced it is joining the Financial Data Exchange (FDX) to help speed the financial industry’s transition to modern, transparent and secure data sharing. The rapid adoption of cloud services and the increased mobility […]

BAC Community Bank Adds to its Digital Banking Solutions through Partnership with ZSuite Technologies thumbnail

BAC Community Bank Adds to its Digital Banking Solutions through Partnership with ZSuite Technologies

Community financial institution to offer ZRent and ZDeposit BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—ZSuite Technologies, a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with California-based BAC Community Bank (BAC). This relationship enables the bank to expand its digital offerings to include ZRent […]

Javelin Strategy & Research Expands Capabilities With Addition of Wealth Management Practice Led by Industry Leader William Trout thumbnail

Javelin Strategy & Research Expands Capabilities With Addition of Wealth Management Practice Led by Industry Leader William Trout

New Digital Wealth offering to expand and enhance Escalent’s financial services portfolio SAN FRANCISCO–(BUSINESS WIRE)–Javelin Strategy & Research, part of the Escalent family, today announced the expansion of its industry-leading financial services research and insight capabilities with the addition of a new wealth management offering. The Digital Wealth practice is led by the newly appointed […]

Step Raises $50 Million in Series B Funding Following Massive Consumer Demand From Its Recent Launch thumbnail

Step Raises $50 Million in Series B Funding Following Massive Consumer Demand From Its Recent Launch

Led by Coatue, the round includes Step partner Charli D’Amelio as well as several notable celebrity and Silicon Valley fintech investors. SAN FRANCISCO–(BUSINESS WIRE)–Step, the new modern-day financial services company built for teens and families, today announced a $50 million Series B round of funding. The round was led by Coatue, with participation from returning […]

Wolters Kluwer Compliance Solutions’ Samir Agarwal Named a 2020 Tech Trendsetter thumbnail

Wolters Kluwer Compliance Solutions’ Samir Agarwal Named a 2020 Tech Trendsetter

HousingWire magazine’s annual award showcases excellence in financial technology leadership NEW YORK–(BUSINESS WIRE)–Samir Agarwal, Vice President for Wolters Kluwer Compliance Solutions’ banking segment, has been named as one of HousingWire magazine’s 2020 Tech Trendsetters of the Year. Established in 2019, the Tech Trendsetters Award honors professionals who work to create, innovate, and improve on the […]

One in 10 Paystubs Submitted to Lenders as Proof of Income are Fake

One in 10 Paystubs Submitted to Lenders as Proof of Income are Fake

Lenders urged to adopt new measures to protect against fraudulent misrepresentation SAN DIEGO–(BUSINESS WIRE)–#ai–Point Predictive Inc., the San Diego-based company that provides machine learning solutions to the lending industry, has determined that many U.S. auto lenders may be experiencing a 50% increase in fraudulent misrepresentation of applicant income since the onset of the pandemic, an […]

Equifax Announces New President of Canadian Business thumbnail

Equifax Announces New President of Canadian Business

Sue Hutchison to Lead Equifax Transformation in Canada Sue Hutchison named new President of Equifax Canada Sue Hutchison joins Equifax as the new Canada Region President, effective November 30. TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Equifax has announced Sue Hutchison as the company’s new Canadian business leader. Hutchison joined the company as the new […]

ACAMS’ 11th Annual AML and Anti-Financial Crime Conference – Global Insights, MENA Solutions to Bring Together Leading Compliance Experts for One-of-a-Kind Virtual Event

ACAMS’ 11th Annual AML and Anti-Financial Crime Conference – Global Insights, MENA Solutions to Bring Together Leading Compliance Experts for One-of-a-Kind Virtual Event

Speakers include officials from the Central Bank of Bahrain, Dubai Financial Services Authority, Abu Dhabi Global Market and Egyptian Money Laundering and Terrorist Financing Combating Unit CHICAGO–(BUSINESS WIRE)–#ACAMS–As part of its efforts to support compliance professionals across the globe, ACAMS will host its 11th Annual AML & Anti-Financial Crime Conference – Global Insights, MENA Solutions […]

OurCrowd Forms Strategic Partnership with Portugal’s UnderRock Investments

OurCrowd Forms Strategic Partnership with Portugal’s UnderRock Investments

Expansion in Spain and Portugal to focus on local Iberian innovation JERUSALEM & LISBON, Portugal–(BUSINESS WIRE)–OurCrowd, the world’s largest global venture investing platform, today announced an expansion of its Iberian operations through a partnership with Portuguese venture capital firm UnderRock Investments. UnderRock Managing Partner Miguel Horta e Costa will lead the initiative following a long […]

Riskalyze Delivers a Holiday Gift to Every Financial Advisor in the United States: Free End-of-Year Rebalancing for All of Their Clients thumbnail

Riskalyze Delivers a Holiday Gift to Every Financial Advisor in the United States: Free End-of-Year Rebalancing for All of Their Clients

AUBURN, Calif.–(BUSINESS WIRE)–#fearlessinvesting—Riskalyze, the company that serves tens of thousands of financial advisors with risk alignment, investment analytics, and trading software, has introduced free access to its award-winning platform. The industry’s leading financial technology firm is now offering Riskalyze Trading and Riskalyze Elite at no-cost for advisors through the end of the year. This limited-time […]

Best’s Review Presents “The Entrepreneurial Agent/Broker” Series thumbnail

Best’s Review Presents “The Entrepreneurial Agent/Broker” Series

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review features “The Entrepreneurial Agent/Broker,” a cross-media project with AM BestTV in which top industry leaders discuss how tomorrow’s insurance coverages, business models and risk strategies get their start, often in the field crafted by innovative agents and brokers. In “Strength Through Specialization,” high-profile insurance leaders who built world-spanning careers on focused […]

Potomac Fund Management Partners with Geneos Wealth Management; Models Now Available for Geneos’ 300 Financial Advisors thumbnail

Potomac Fund Management Partners with Geneos Wealth Management; Models Now Available for Geneos’ 300 Financial Advisors

MIAMI–(BUSINESS WIRE)–#FinTech—Potomac Fund Management, Inc. (“Potomac”), a boutique investment strategist, is pleased to announce that its model portfolios are now available on the Axiom RIA platform available to Geneos Wealth Management, which serves 300 financial advisors managing upwards of $3 billion of client assets. In addition to the Geneos deal, Potomac was recently added to […]

The Vistria Group Invests in Leading Education Technology Company Edmentum thumbnail

The Vistria Group Invests in Leading Education Technology Company Edmentum

Majority investment by The Vistria Group propels Edmentum’s next phase of strategic growth forward CHICAGO & BLOOMINGTON, Minn.–(BUSINESS WIRE)–Edmentum (edmentum.com), a global leader in education and innovative solutions for teaching and learning, announced a strategic growth investment from The Vistria Group (“Vistria”), a Chicago-based private investment firm focused on companies in the healthcare, education, and […]

i-exceed sees Increased Adoption of Digital Onboarding in Corporate Banking thumbnail

i-exceed sees Increased Adoption of Digital Onboarding in Corporate Banking

NEW YORK–(BUSINESS WIRE)–#AmitGarg–We live in one of those times, where the old saying about decades where nothing happens and weeks where decades happen can’t be any truer. The banking landscape has undergone dramatic changes over the last few months with a focus on customer experience in a digital-only world. i-exceed’s Appzillon Digital Banking platform enables […]

Engine No. 1 Launches to Bring Active Ownership and Impact-Driven Strategy to Investing thumbnail

Engine No. 1 Launches to Bring Active Ownership and Impact-Driven Strategy to Investing

Founding Team Brings Decades of Industry Experience and Shared Vision that Capitalism Can Be Harnessed for Positive Change Investment Philosophy Incorporates Jobs, Workers, Communities, and the Environment into Company’s Total Value SAN FRANCISCO–(BUSINESS WIRE)–Engine No. 1, an investment firm purpose-built to create long-term value by driving positive impact through active ownership, today announced the launch […]

Entertainment / Afin Technologies Partners with PayWith to Create Innovative Payment and Reward Solutions thumbnail

Entertainment / Afin Technologies Partners with PayWith to Create Innovative Payment and Reward Solutions

TROY, Mich.–(BUSINESS WIRE)–Entertainment®, the North American leader in discounts and promotions, has partnered with PayWith, a Vancouver-based fintech firm with a dynamic mobile payments processing platform. The launch of multiple products joins the innovative payment solutions from PayWith and North America’s highest value rewards network from Entertainment, delivering mobile enabled payment and reward programs as […]

LendUp Global Introduces Ahead Financials, a Digital Banking and Financial Health Platform for the Emerging Middle Class thumbnail

LendUp Global Introduces Ahead Financials, a Digital Banking and Financial Health Platform for the Emerging Middle Class

Fintech aims to make finance more inclusive with affordable lending and banking; 67% of Americans struggle with basic tenets of financial health OAKLAND, Calif.–(BUSINESS WIRE)–#AheadFinancials–LendUp Global (LendUp), one of the world’s most innovative companies in consumer finance, today announced the creation of a new subsidiary company, Ahead Financials, LLC (Ahead). Ahead, a digital banking and […]

EquiLend Enlists Vested to Support Global Communications thumbnail

EquiLend Enlists Vested to Support Global Communications

NEW YORK–(BUSINESS WIRE)–EquiLend, a provider of trading, post-trade, market data, clearing and regulatory services for the securities finance industry, has chosen Vested, a leading integrated financial services communications firm, to support its communications efforts. Vested was selected following a competitive and extensive search by EquiLend, which is creating a more efficient, automated and innovative global […]

MerchantE Releases 2020 Digital Business Report thumbnail

MerchantE Releases 2020 Digital Business Report

Businesses Still Growing, but Electronic Payments Adoption Remains Slow ATLANTA–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, released findings today from its 2020 Digital Business Report. The online survey of 500 business decision makers was conducted in July and August of 2020, and paints a clear picture of organizations largely growing during the COVID-strained economy, […]

Mogo Reports 135% Increase in Bitcoin Transaction Volume in November thumbnail

Mogo Reports 135% Increase in Bitcoin Transaction Volume in November

Increased awareness and credibility of bitcoin drives strong growth in total transaction volume and new bitcoin accounts All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions through its mobile app, today reported a 135% month-over-month […]

Vervent Acquires Total Card thumbnail

Vervent Acquires Total Card

Enters Credit Card Market to Offer Card Servicing and Origination SAN DIEGO–(BUSINESS WIRE)–#LendingasaService–Vervent announced the acquisition of Total Card Solutions today in the next step towards further growth of the dynamic fintech company. Total Card has been a significant player in the credit card industry for over 20 years with a stellar reputation for service, […]

Cobase and Ebury partner on FX services

Cobase and Ebury partner on FX services

Cobase users will now also have access to a wide set of Ebury’s FX services Ebury’s FX services are now integrated in Cobase’s multibank platform and FX Exposure Management module Reflects a growing trend for European fintech to combine their offers LONDON–(BUSINESS WIRE)–Leading European fintechs Cobase and Ebury today announce a partnership which opens up […]

EML Is Excited To Sponsor The Betting On Sports America Digital 2020 Event On December 1st & 2nd thumbnail

EML Is Excited To Sponsor The Betting On Sports America Digital 2020 Event On December 1st & 2nd

Gaming disbursement favorite EML, powering real-time access to winnings for almost 13,000 new users per month, has announced a disruptive winnings withdrawal option with Interchecks. KANSAS CITY, Mo.–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) is a proud sponsor of Betting on Sports America Digital 2020, North America’s biggest dedicated sports betting event of the year. […]

AP Intego’s Ann Shepard Receives Women in Insurance Leadership Award

AP Intego’s Ann Shepard Receives Women in Insurance Leadership Award

Award recognizes innovative contributions women executives are making in the insurance industry WALTHAM, Mass., Nov. 30, 2020 (GLOBE NEWSWIRE) — AP Intego, a leading small business digital insurance agency and one of the nation’s fastest-growing insurtech companies, today announced that Ann Shepard, Head of Product and Customer Experience and a key innovator of AP Intego’s […]

Diamond Standard Commodity and Token to List on INX thumbnail

Diamond Standard Commodity and Token to List on INX

Investors to trade the Diamond Standard Commodities as a blockchain token on the INX trading platform NEW YORK–(BUSINESS WIRE)–#blockchain—INX Limited, the blockchain-based platform for trading digital securities and cryptocurrencies, announces today that it has signed a letter of intent with Diamond Standard to list the world’s first diamond commodity—the Diamond Standard Coin. The Coin is […]

First Service Credit Union Goes Live with Array of Access Softek Digital Banking Products to Improve Digital Experience thumbnail

First Service Credit Union Goes Live with Array of Access Softek Digital Banking Products to Improve Digital Experience

BERKELEY, Calif.–(BUSINESS WIRE)–In keeping with its mission of providing financial services that enhance members’ lives, Houston-based First Service Credit Union ($793 million in assets) selected and implemented omnichannel digital banking platform provider Access Softek’s suite of digital banking solutions. The solution suite aims to bring the next generation digital banking services to the credit union’s […]

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime thumbnail

CSI Partners with Featurespace for Anti-Money Laundering Solution to Combat Financial Crime

PADUCAH, Ky.–(BUSINESS WIRE)–To empower its customers in the fight against financial crime, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has partnered with Featurespace™, a leading provider of Enterprise Financial Crime prevention software, to launch a holistic anti-money laundering (AML) solution: WatchDOG® AML. WatchDOG AML protects against financial crime […]

Ebix and Data Glove Technologies Sign Strategic Outsourcing and Joint Venture Agreement to Offer Cloud and Infrastructure Support Services to the Insurance, Banking and Healthcare Industries

Ebix and Data Glove Technologies Sign Strategic Outsourcing and Joint Venture Agreement to Offer Cloud and Infrastructure Support Services to the Insurance, Banking and Healthcare Industries

JOHNS CREEK, Ga., Nov. 30, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced a strategic agreement with Data Glove Technologies, a New Jersey based firm specializing in Infrastructure, Managed Services and Cloud Services. The agreement […]

Mastercard, TSYS and Extend Launch Mobile Virtual Card Solution for Commercial Clients thumbnail

Mastercard, TSYS and Extend Launch Mobile Virtual Card Solution for Commercial Clients

New solution enables commercial virtual cards to be seamlessly loaded into mobile wallets PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard and its partners, TSYS, a Global Payments company, and Extend, today introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. The new mobile […]

Infostretch Recognized as a Leader in Healthcare and BFSI Engineering R&D by Zinnov thumbnail

Infostretch Recognized as a Leader in Healthcare and BFSI Engineering R&D by Zinnov

2020 Zinnov report into ER&D positions Infostretch as leader in four zones SANTA CLARA, Calif.–(BUSINESS WIRE)–Infostretch has been recognized as a leader in digital engineering services by the consulting, research and advisory firm, Zinnov, in its annual Zinnov Zones research report into the state of global enterprise engineering research and development (ER&D) services. Zinnov Zones […]

Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by Alibaba & Other Marketplaces: Kaleido Intelligence thumbnail

Cross-border B2C eCommerce Spend to Break the $1 Trillion Barrier in 2022, Catalysed by Alibaba & Other Marketplaces: Kaleido Intelligence

AliExpress, Amazon, Wish, eBay, Shopee, Etsy, Lazada & Mercado Livre Drives Global Reach for Millions of Merchants LONDON–(BUSINESS WIRE)–New data from fintech research specialists Kaleido Intelligence has found that $1,120 billion will be spent by global online shoppers on international shopping websites and digital services in 2022. This will represent around 20% of total global […]

Juniper Research: Mobile Money Users in Emerging Markets to Exceed 1.2 Billion Globally by 2025, as P2P and Merchant Payments Surge thumbnail

Juniper Research: Mobile Money Users in Emerging Markets to Exceed 1.2 Billion Globally by 2025, as P2P and Merchant Payments Surge

BASINGSTOKE, England–(BUSINESS WIRE)–#mobilefinancialservicesdata–A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30% of all mobile phone users across emerging markets. The report predicts that domestic P2P and payments to […]

Partnership Between Nuvei and Unikrn Forged to Satisfy Rapid Esports Audience Growth thumbnail

Partnership Between Nuvei and Unikrn Forged to Satisfy Rapid Esports Audience Growth

Nuvei’s global payments platform to support transactions in 24 countries as Unikrn expands world-leading esports platform Nuvei, Payment Technology Partner SEATTLE, Nov. 25, 2020 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announces today a partnership with Unikrn, the world’s leading esports […]

FDA Defers Approval of DaxibotulinumtoxinA for Injection in Glabellar Lines Due to COVID-19 Related Travel Restrictions Impacting Manufacturing Site Inspection

FDA Defers Approval of DaxibotulinumtoxinA for Injection in Glabellar Lines Due to COVID-19 Related Travel Restrictions Impacting Manufacturing Site Inspection

NEWARK, Calif.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced that the United States (U.S.) Food and Drug Administration (FDA) has deferred a decision on the Biologics License Application (BLA) for DaxibotulinumtoxinA for Injection, an investigational neuromodulator product for the treatment of moderate to severe glabellar […]

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