USDC to remain available on registered crypto asset trading platforms that meet the CSA’s Value Referenced Crypto Asset requirements NEW YORK–(BUSINESS WIRE)–Today, Circle Internet Group, Inc. a global financial technology company, announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ […]
Dubai, UAE, Dec. 04, 2024 (GLOBE NEWSWIRE) — The WikiEXPO Dubai 2024, hosted by WikiGlobal, successfully concluded on November 27, attracting wide attention from the global financial technology sector. The event was co-organized by WikiFX and the Australian Computer and Law Association (AUSCL), with strong support from the Mauritius Financial Services Institute (FSI) and the government of Liberland. […]
Funds incentivize member institutions to originate conventional loans at below-market rates, benefiting hundreds of residents in Indiana and Michigan INDIANAPOLIS, Dec. 04, 2024 (GLOBE NEWSWIRE) — In response to heavy member demand, the Board of Directors (the “Board”) of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or the “Bank”) recently approved adding $2.7 […]
~$2.7 billion bank taps Cotribute to help increase consumer deposits ~ ANAHEIM, Calif.–(BUSINESS WIRE)–#Cotribute—Cotribute, an award-winning embeddable fintech platform helping financial institutions grow deposits, loans and accounts, today announced First Fidelity Bank (FFB, $2.7 billion in assets under management, Oklahoma City, Okla.) has selected its Consumer Account Opening module to simplify the account opening process […]
Prestigious industry recognitions and strategic partnerships with top firms in Canada, the U.K. and the U.S. fuel Conquest’s strong growth trajectory WINNIPEG, Manitoba–(BUSINESS WIRE)–#AI—Conquest Planning Inc. (“Conquest”), a technology platform modernizing financial planning with customized and consumable advice, today celebrates a significant milestone after recently surpassing 1 million financial plans. This accomplishment is bolstered by […]
New capital will help expand business operations and further R&D of its open architecture banking and lending platform NEW YORK–(BUSINESS WIRE)–Sandbox Wealth, a turnkey banking solution for non-bank financial institutions, announced today the successful pre-seed fundraise of $1.25 million in capital, led by NextGen Venture Partners, with participation from Northwestern Mutual Future Ventures, gener8tor, and […]
iPipeline’s Laser App technology to help Protective simplify the life insurance and annuities order submission process for its network of financial professionals EXTON, Pa.–(BUSINESS WIRE)–Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that it has collaborated with iPipeline®, a leading provider of digital solutions for the life insurance […]
Ascend Fraud Sandbox identifies undetected portfolio risk to reduce fraud, drive growth COSTA MESA, Calif.–(BUSINESS WIRE)–Experian today announced its Ascend Fraud Sandbox won the Platinum Award for Identity Verification Innovation in Juniper’s 2024 Future of Digital Awards, which recognizes the vendors that are revolutionizing today’s financial landscape and shaping tomorrow’s innovations. The Identity Verification Innovation […]
Company Expands Access to Include Three New Funds in Response to Increasing Interest in Alternative Asset Classes from Retail Investors, Broadening Private Market Exposure SAN FRANCISCO–(BUSINESS WIRE)–$SOFI–Today, SoFi (SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, announced access to three new private market […]
Broadens Access to Dynamic International Exposure with Expertise from the Firm’s Model Portfolio Solutions Team NEW YORK–(BUSINESS WIRE)–Today, BlackRock expanded its active ETF offering with the launch of the iShares International Country Rotation Active ETF (CORO). Designed as a model building block, CORO consolidates insights from the BlackRock Model Portfolio Solutions team (MPS) and proprietary […]
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Functional Finance, a software platform revolutionizing financial operations (FinOps) for managing general agents (MGAs), insurance companies, and wholesalers, is pleased to announce Hal Schwartz has joined the company as Chief Operating Officer (COO). “Successfully closing our Series A funding round reinforced what we already knew about the tremendous […]
SUNRISE, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) — FOCUS, a provider of cloud-based, core administration software and services taking the risk out of insurtech for P&C insurers and managing general agencies (MGAs), is pleased to announce the company recently achieved System and Organization Controls (SOC) 2 certification. The stringent SOC 2 certification process is administered […]
REDWOOD CITY, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) — Although Payment Account Reference (PAR) made its debut in 2016, it has been underutilized despite its potential benefits to the broader payments space. PAR is used to tie multiple tokens and reissued card numbers to one payment account number (PAN), which is especially important given the […]
The new partnership eliminates the cost and risk of issuing account balance refunds by check while delivering on consumers’ preferred payout choices. CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–Onbe, a leading corporate payouts platform, today announced that it has partnered with TAB Bank, a technology-driven online bank serving businesses and consumers, to modernize the process of disbursing refunds […]
TORONTO–(BUSINESS WIRE)–#api—Clearco, a working capital solution for ecommerce brands, and Boundless, a capital marketplace for high-growth businesses, today announces a technology integration that builds upon their existing partnership to transform access to working capital for ecommerce brands. The launch of the technology integration between Clearco and Boundless is designed to enable a seamless handoff for […]
UK selected due to critical role as global financial hub Clear Street becomes the latest ‘Category 1’ member of the iconic LME Jacinda Fahey appointed as CEO of UK and Europe to lead expansion NEW YORK–(BUSINESS WIRE)–Clear Street (“Clear Street”, “the Company”), a cloud-native financial technology firm on a mission to modernise the brokerage ecosystem, […]
Partnership enhances institutional transparency and provides a financial safeguard for students who withdraw for serious covered reasons GradGuard Announces Partnership with Flywire to Offer Enhanced Tuition Protection GradGuard integrates its tuition insurance solution directly into Flywire’s payments and software platform for higher education, streamlining processes for colleges and universities that use it. PHOENIX, Dec. 04, […]
WILMINGTON, N.C., Dec. 04, 2024 (GLOBE NEWSWIRE) — Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Sunbound Inc., a provider of automated financial operations solutions for the senior housing industry. Sunbound leverages best in class technology to optimize financial operations, so senior housing communities can concentrate on delivering […]
VICTORIA, Seychelles, Dec. 04, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and global onchain technology company, has issued updates for December 4, 2024. OKX Announces MOVE Spot Listing, 760K CXT Giveaway and G Token Support OKX today announced three updates: a CXT token staking campaign, MOVE/USDT spot listing and G token support. MOVE/USDT […]
NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that it has filed a lawsuit against Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) and certain of the Company’s current and former senior executives. If you invested in Evolv, you are encouraged to obtain additional information by visiting […]
According to Revolut, Metomic’s solution provides the visibility and control needed to drive innovation without sacrificing data security LONDON–(BUSINESS WIRE)–#banking—Metomic, a next generation data security and data loss prevention (DLP) solution for protecting sensitive data in cloud-based work environments and SaaS ecosystems, today announced it has been selected by the global financial technology company Revolut […]
The major participants in the E-commerce Payment market include Amazon.com Inc., American Express Company, Apple Inc., Fiserv Inc., Mastercard Incorporated, Paypal Holdings Inc., Visa Inc. E-commerce Payment Market E-commerce Payment Market Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) — The “E-Commerce Payment Market Forecast Report by Type, Application, Countries and Company Analysis 2024-2032” report has been […]
The market is expanding significantly as a result of the quick development of digital payments, consumers’ increasing propensity for online shopping and e-commerce, and the rise in small and medium-sized enterprises (SMEs) that are spearheading innovation in the area. U.S. Payment Gateways Market U.S. Payment Gateways Market Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) — The […]
SINGAPORE, Dec. 04, 2024 (GLOBE NEWSWIRE) — OKX, global onchain technology company, has issued updates for December 4, 2024. OKX Wallet Now Integrated with Upshift to Expand Cross-Chain Yield Opportunities OKX Wallet is now integrated with Upshift, a cross-chain yield protocol, expanding its suite of decentralized finance offerings for users. This integration opens new opportunities […]
BETHESDA, Md., Dec. 03, 2024 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (NASDAQ: EGBN) (“Eagle”) today announced the commencement of its offer to exchange (the “Exchange Offer”) its outstanding unregistered 10.00% Senior Notes due 2029 (the “Original Notes”) for a like principal amount of notes of the same series that have been registered under the Securities […]
DUNKIRK, N.Y., Dec. 03, 2024 (GLOBE NEWSWIRE) — On December 3, 2024, Lake Shore Savings Bank (“Bank”), the wholly-owned federal savings bank subsidiary of Lake Shore Bancorp, Inc. (“Company”) received termination notice of the Consent Order by the Office of the Comptroller of the Currency (“OCC”), the Bank’s primary federal regulator. The Consent Order required […]
Team8 also Announces the Launch of Its ‘AI Excellence Center’ at their Annual LP Meeting to Strengthen Its Operating Platform NEW YORK–(BUSINESS WIRE)–Team8, the global fund investing in cybersecurity, data, AI, fintech, and digital health, along with their intersections, recently hosted a week of impactful events in New York City. The program kicked off with […]
Amazon Aurora DSQL provides a distributed SQL database with 99.999% multi-Region availability, virtually unlimited scalability, strong consistency, and zero infrastructure management LAS VEGAS–(BUSINESS WIRE)–At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced new capabilities for Amazon Aurora and Amazon DynamoDB to support customers’ most demanding workloads that need […]
New data showcases the need for financial wellness as U.S. credit card debt reaches $1.17 trillion CHICAGO–(BUSINESS WIRE)–Beyond Finance, a leader in debt consolidation services, today unveiled new survey findings spotlighting the financial strain of holiday spending. Conducted among 2,000 Americans celebrating the winter holidays, the survey reveals that 76% experience emotional distress—“money wounds”—triggered by […]
~$2.7 billion bank taps Cotribute to help increase commercial deposits ~ ANAHEIM, Calif.–(BUSINESS WIRE)–#Cotribute—Cotribute, an award-winning embeddable fintech platform helping financial institutions grow deposits, loans and accounts, today announced First Fidelity Bank (FFB, $2.7 billion in assets under management, Oklahoma City, Okla.) has selected its Consumer Account Opening module to simplify the account opening process […]
Enhanced trade solution to lay foundation for more streamlined investment experience, removing operational barriers NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today unveiled a series of new trade capabilities that will be made available to the over 2,000 wealth management firms that utilize the CAIS alts operating platform. The new […]
Voya WealthPath provides Voya Financial Advisors with broader in- and out-of-plan solution set to support clients’ wealth management needs more efficiently WINDSOR, Conn.–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA) announced today that it is collaborating with Orion, a premier provider of transformative wealthtech solutions for financial professionals, to launch a new and enhanced technology platform for […]
Komercijalna Banka cardholders benefit from card digitization and seamlessly enrollment of cards into Google Pay MINNEAPOLIS–(BUSINESS WIRE)–Entrust, a global leader in providing identity-centric security solutions, has been selected by Komercijalna Banka to implement the Entrust Digital Card Solution to complement its physical card portfolio with digital cards and to augment its banking app mBanka with […]
Annual List Recognizes Industry-Leading Companies on the Vanguard of Innovation COLUMBUS, Ohio–(BUSINESS WIRE)–Cyrannus, the first venture polling platform leveraging the collective intelligence of 1,000+ industry experts to evaluate early-stage equities and provide a prediction market for accredited investors, has been twice honored by venerable publication Inc. as part of its 2024 Best in Business Awards. […]
~Credit union to advance security measures and streamline online banking processes~ TROY, Mich.–(BUSINESS WIRE)–#banking–Mahalo Banking today announced its new partnership with Kokomo, Ind.-based Solidarity Community Federal Credit Union (Solidarity CFCU). Solidarity CFCU sought a platform provider that offered elevated security features and the ability to tightly integrate with its core provider, Corelation Keystone, to create […]
Expands Capitolis business into Rates Portfolio Compression & Margin Optimization Capitalab Founder and CEO Gavin Jackson to join Capitolis executive team NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company helping to create safer and more vibrant capital markets, has today announced the acquisition of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, from BGC Group […]
DUBLIN–(BUSINESS WIRE)–Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced the official release of its Opportunities Engine™ as part of its digital engagement platform. These new capabilities enable financial institutions to go beyond driving digital engagement to increase deposits and generate meaningful revenues […]
Midwest-based independent agency utilizes natively integrated payments solution to make collecting payments easier for clients and staff Chicago, IL., Dec. 03, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced that ICI has selected Applied Pay, the industry’s only AMS-native payments solution, to simplify their premium collection process. The agency will leverage Applied Pay’s integration with […]
Recognition Highlights BriteCore’s Leadership in Cloud-Native Policy Administration Software for P&C Insurers San Mateo, CA, Dec. 03, 2024 (GLOBE NEWSWIRE) — BriteCore, a leading provider of cloud-based policy administration solutions for P&C insurers, is proud to be named to The Software Report’s list of the Top 100 Software Companies of 2024. This prestigious list recognizes […]
GREENVILLE, S.C., Dec. 03, 2024 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NYSE: UCB) (“United”) and ANB Holdings, Inc. (“ANB”) announced today the execution of a definitive merger agreement (the “Merger Agreement”) pursuant to which United will acquire ANB, and its wholly-owned subsidiary, American National Bank (“ANB Bank”), in an all-stock transaction with an aggregate […]
