Business Wire


Press releases and announcements from the world of banking technology, fintech, payments and paytech, and the broader financial services sector, distributed by Business Wire.

Visa Joins AWS Partner Network to Help Simplify Global Digital Payments

Visa to streamline access to select services via the AWS partner network for its cloud-native fintech, financial institution, and enterprise clients SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V), a world leader in global digital payments, announced today it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to […]

Ault Alliance’s Subsidiary, Sentinum, Announces Signing of First Non-Mining Related Colocation/Hosting Agreement

LAS VEGAS–(BUSINESS WIRE)–$AGREE #100000_square_foot_enterprise_class_data_center—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has signed its first non-mining colocation/hosting agreement utilizing the Tier 3 portion of its approximately 100,000 square foot enterprise-class data center. The data center, operated by its […]

WEX Signs Agreement with Leading Online Travel Platform Booking.com

Continuation of long-standing partnership demonstrates strength and reliability of WEX’s enterprise-grade technology platform, flexibility through co-development of proprietary travel payment solutions, geographic reach, and deep payments industry expertise PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), the global commerce platform that simplifies the business of running a business, today announced that it has reached a new long-term agreement with […]

Ouro Teams Up with Texas One Fund with Multi-Year NIL X World Wallet Financial Empowerment Program for University of Texas Student-Athletes

Largest Program of Its Kind with NIL Nonprofit Collective to Equip Student-Athletes to Take Control of Financial Futures AUSTIN, Texas–(BUSINESS WIRE)–Ouro, a global fintech company founded in 1999 by former University of Texas (UT) students and Netspend founders Roy and Bertrand Sosa, today announced a game changing partnership with Texas One Fund, the Official NIL […]

BlackRock Activates Retirement Solution Offering A Paycheck For Life

Nearly two-thirds of American workers fear outliving their retirement savings1 LifePath Paycheck can help alleviate that concern for half a million people with more to follow Solution is part of BlackRock’s efforts to help people manage spending throughout increasingly longer retirements NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE: BLK) announced today that its retirement income solution, LifePath Paycheck™, […]

LocatorX Names Jody Spencer as New Chief Marketing Officer

Spencer joins the team to drive brand awareness, GTM, and customer experience ATLANTA–(BUSINESS WIRE)–#HLS–LocatorX appoints Jody Spencer as its new Chief Marketing Officer (CMO) to accelerate the company’s growth and drive new market expansion. Reporting to CEO Chester Kennedy, Spencer will be responsible for the company’s rebrand, marketing strategy, and reimagining the customer and partner […]

Ouro and Real Madrid Partner to Deliver Innovative Financial Products to Football Fans Around the Globe

Renowned football club and fintech pioneer to develop co-branded digital banking solutions across Ouro portfolio of payment brands AUSTIN, Texas & MADRID–(BUSINESS WIRE)–Ouro, a global financial services and technology innovator, and the Real Madrid Football Club today announced a strategic partnership agreement to develop and deliver co-branded financial solutions to fans in key markets globally, […]

Zilch Selects Amazon Web Services to Accelerate AI Innovation

Zilch levels up its artificial intelligence (AI) and machine learning (ML) engine, drawing on its unrivalled insights into the mass market spending and credit landscape Investment in new AI capabilities is already transforming Zilch’s processes for credit underwriting, fraud detection and buyer intent analysis Expanded use of Amazon Web Services’ (AWS) AI and ML services […]

Finance in Motion and Napier AI partner on AML for secure impact investments

LONDON–(BUSINESS WIRE)–Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that Napier AI Continuum has been selected as the anti-money laundering and counter terrorist financing (AML/CTF) platform for world-leading impact asset manager, Finance in Motion. Napier AI is providing its Client Screening solution and Client Risk Assessment module as part of the […]

Brightwell Launches Cross-Border Payments Platform Latitude to Revolutionize the Reimbursement Process

Solution empowers global customers with flexibility, choice, and transparency into the reimbursement process ATLANTA–(BUSINESS WIRE)–The cross-border payments space is experiencing exponential growth and is projected to reach $365 billion, globally, by 2032 with a 7.3% compound annual growth rate according to a recent report by Allied Market Research. To address growing demand, global payments technology […]

Car IQ Partners With Lewis & Clark Bank to Offer the First Fleet Vehicle Credit Payment Solution

Groundbreaking Credit Program extends credit lines directly to fleet vehicles without the use of cards SAN FRANCISCO–(BUSINESS WIRE)–Car IQ Inc. announced a strategic partnership with Lewis & Clark Bank to offer a new credit line to its fleet payments service, allowing medium and large fleets to manage their operating expenses more effectively. For the first […]

CIRMA Streamlines Operations, Enhances Member Experience Through Partnership With Origami Risk

Connecticut Municipal Insurance Provider Leverages Origami’s Multi-Tenant SaaS P/C Insurance Suite to Drive Efficiency and Enhance Service Delivery for its Members NEW HAVEN, Conn.–(BUSINESS WIRE)–#CoreSolutions–The Connecticut Interlocal Risk Management Agency (CIRMA), a leading member-owned municipal insurance provider in Connecticut, today announced a strategic upgrade to its core capabilities with its selection of Origami Risk’s multi-tenant […]

Better Launches Home Equity Loans: Offers Flexible Solutions to Homeowners Interested in Accessing Home Equity as Cash

Adding onto their digital home equity product suite, Better Mortgage will now offer Better Home Equity Loans which allows homeowners to access up to 90% of their home equity with a fixed APR NEW YORK–(BUSINESS WIRE)–Better Home & Finance Holding Company (NASDAQ: BETR), the leading digital homeownership company, today announces the launch of Better Home […]

CAPTRUST Selects CAIS to Centralize and Streamline All Alternative Investments

CAIS registers mass adoption for SaaS technology as advisors embrace end-to-end solution for all alternatives NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced it has been selected by CAPTRUST, one of the nation’s largest independent financial advisory firms with more than $800 billion in client assets under advisement. CAPTRUST […]

Torq Debuts HyperSOC™, the First Top-Tier Analyst-Validated AI-Driven SOC Solution for Reducing SecOps Alert Fatigue, False Positives, and Staff Burnout

Torq HyperSOC empowers modern SOC analysts to achieve unprecedented precision and efficiency, vastly outperforming legacy SOAR’s manual limitations NEW YORK–(BUSINESS WIRE)–Torq, the AI-first security hyperautomation leader, today announced Torq HyperSOC, a purpose-built solution that harnesses the power of the AI-driven Torq Hyperautomation Platform to automate, manage, and monitor critical SOC responses at machine speed. It […]

Ouro Partners with Bnext as Strategic Issuer for European Expansion Plans

One year into the Correos Prepaid Mastercard program collaboration, Bnext positions Ouro brand portfolio for growth in Europe AUSTIN, Texas & MADRID–(BUSINESS WIRE)–Ouro, a global consumer financial services and technology innovator, and Bnext, a pioneering Spanish fintech, today announced a strategic partnership designating Bnext as Ouro’s strategic issuer in Europe for Ouro’s portfolio of consumer […]

Tulare County Federal Credit Union Taps Cotribute for Digital Account Opening

~ Credit union deploys advanced digital onboarding platform to provide members a more modern, intuitive digital banking experience ~ ANAHEIM, Calif.–(BUSINESS WIRE)–#ConsumerAccountOpening—Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships, today announced Tulare County Federal Credit Union (Tulare Federal, Tulare, California) has selected its modular Digital Platform to enhance the […]

Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch

SALT LAKE CITY–(BUSINESS WIRE)–Atomic is excited to announce its collaboration with San Antonio-based Frost Bank, a top 50 financial institution with 185 branch locations across Texas. Incorporating Atomic into its operations will help Frost achieve its goals of improving customer satisfaction and making banking more accessible for all. Frost will be using Atomic’s solution for […]

Dynamo Software Unveils Agenda & Key Topics for Its Annual User Conference: A Deep Dive Into the Future of the ALTS FinTech Ecosystem

Premier Private Investment Technology User Event Features Lineup of Industry Visionaries, Expert Insights, & Client Success Stories BOSTON–(BUSINESS WIRE)–#AssetAllocators–Alternative investments FinTech Dynamo Software today announced the agenda for its popular annual Dynamo University ’24 user conference. Dynamo’s event organizers have expanded this year’s agenda to cover essential aspects of technology integration as well as emerging […]

Finio Powers Online Credit Application for Cycle Trader and ATV Trader

Trader Interactive partners with Finio for its ‘Buy Now’ digital retail offering IRVINE, Calif.–(BUSINESS WIRE)–#atv—Finio, Inc., the groundbreaking digital sales and F&I platform for the motorcycle, powersports, marine, RV, and commercial vehicle industries, today announced that it has partnered with Trader Interactive to become an integral part of the ‘Buy Now’ digital retailing experience featured […]

Clarity Pediatrics Announces Expansion of Virtual Pediatric ADHD Platform and $10M in Funding

Over 400 California pediatricians are already referring commercial and Medicaid patients to Clarity for comprehensive virtual ADHD care SAN FRANCISCO–(BUSINESS WIRE)–Clarity Pediatrics, a digital health company reimagining pediatric chronic care, announced today the expansion of their pediatric ADHD platform and $10M in seed funding led by Rethink Impact with participation from Homebrew and Maverick Ventures. […]

Exowatt Launches with $20 Million to Modernize Data Center Power for the AI Era

Breakthrough Modular Approach Makes Renewable Energy Scalable, Reliable, and Cost-Effective MIAMI–(BUSINESS WIRE)–Exowatt, a next-generation renewable energy company, today unveiled a first-of-its-kind modular energy platform designed to power energy-intensive data centers along with a $20 million seed round from a16z, Atomic, and Sam Altman. As the boom in AI technology escalates both the demand and the […]

Backbase ENGAGE 2024: The Big Shift in Banking in the Americas

The inaugural ENGAGE event is designed to inspire American FIs to shift from Traditional to Engagement Banking, enhancing their agility and competitiveness over time MIAMI–(BUSINESS WIRE)–Backbase, the creator of the Engagement Banking Platform, is thrilled to announce the inaugural ENGAGE Americas 2024 conference, at the Fontainebleau Hotel in Miami, on April 23, 2024. The event […]

ICE Environmental Contracts Traded the Equivalent of $1 Trillion in Notional Value for the Third Consecutive Year

EUA Markets Reach Record Participation Through 2023 and Q1 2024 with Record Trading Activity in North American Environmental Markets in 2023 AMSTERDAM & LONDON & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that 2023 marked the third consecutive year where ICE carbon allowance volumes traded the […]

DCI Expands DataVisor Partnership for Increased Fraud Protection

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the world’s leading AI-powered fraud and risk platform, is thrilled to announce the expansion of its partnership with DCI, a leading provider of award-winning core processing, digital banking, and fintech solutions. Following a highly successful initial phase of deployment, DCI will now broaden the use of DataVisor’s next-generation fraud solutions to […]

TELUS International Launches Fine-Tune Studio to Deliver High-Quality Datasets that Improve the Performance, Adaptability and Safety of Generative AI Models

Multimodal, multi-language workflows optimize AI dataset creation processes to help clients get accurate fine-tuning data, predictably fast, at affordable costs VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator that designs, builds, and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, today announced the launch of […]

NAGA’s Shareholders Approve the Merger With CAPEX.com With a Positive Vote of 99.81%

NAGA’s EGM on April 12th approves the merger with CAPEX.com with a strong confidence vote. New CEO Octavian Patrascu presented his vision and direction towards innovation and the expansion of NAGA’s ecosystem, aiming to make financial services more accessible and efficient for investors worldwide. The Executive Board has been buying back shares from the market. […]

Triad Financial Services Modernizes Code Stack with Microservices to Expand Lending Functionality, Supported by Praxent

Praxent provides specialized engineering support for manufactured home lender AUSTIN, Texas–(BUSINESS WIRE)–Triad Financial Services, a leader in the manufactured home lending industry, is providing trusted financing for homeowners across the U.S. The company has partnered with Praxent, a financial technology consulting and engineering firm, to migrate its system in-house, ultimately enhancing the lending experience for […]

Ault Alliance Has Received an Investment of $44 Million to Date from Ault & Company under the November 2023 Securities Purchase Agreement

Ault & Company May Invest up to $75 Million LAS VEGAS–(BUSINESS WIRE)–$AGREE #AULT—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced Ault & Company, Inc. (“Ault & Company”), an affiliate of the Company, has invested a total of $44.0 million pursuant to the Securities Purchase Agreement (the […]

ICE Announces Record Trading Activity in Murban Crude as ICE Futures Abu Dhabi Marks Third Anniversary

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record trading activity in Murban crude as ICE Futures Abu Dhabi (IFAD) marks its third anniversary. IFAD and ICE’s Murban futures market launched in March 2021 with the Abu Dhabi National Oil Company (ADNOC) and nine […]

B2Broker Increases Leverage on Major FX Pairs to 1:200

LONDON–(BUSINESS WIRE)–Leading Prime of Prime liquidity provider B2Broker is committed to quality, always listening to their clients’ needs to provide them with the best possible tools to bring in more end users and gain a competitive edge in the industry. In this regard, B2Broker announces the rise of the leverage to 1:200 for major FX […]

Assurant Announces Device Trade-in Service for Lloyds Banking Group

LONDON–(BUSINESS WIRE)–Lloyds Banking Group have partnered with Assurant (NYSE:AIZ), a leading global insurtech, to offer mobile and device trade-in services to their Lloyds Bank, Halifax and Bank of Scotland customers via dedicated websites. It can be hard for consumers to keep up with the conveyor belt of new tech available on the market, often leaving […]

SRM Acquires Accourt Payments Specialists in United Kingdom, Strengthens Global Payments Consulting Capability

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management, Inc.), an independent advisory firm serving financial institutions across North America and Europe, today announced that, through its subsidiary SRM Europe, it has acquired Accourt Payments Specialists, a provider of payments consulting and other strategic services based in the United Kingdom. For 22 years, Accourt has provided expertise in […]

INSILLION and Norima Consulting Announce a Strategic Partnership to Create a Unique Offering for Leading Insurance Cloud Platform Customers

NEW YORK–(BUSINESS WIRE)–#annoucement–INSILLION, Insurtech SaaS Platform for Sales and Underwriting, announces a strategic partnership with Norima Consulting, a North American information technology consulting company to develop a unique offering for Property & Casualty (P&C) Carriers on the leading core insurance platform vendor products such as Guidewire InsuranceSuite®, Majesco IntelligentCore®, Duck Creek Suite®, and others. The […]

Protective Life Insurance Company Launches New Advisory Variable Universal Life Product on FireLight

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#digitalsales–Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), has selected FireLight to support digital sales and submission processes for its new advisory variable universal life (VUL) product, Protective Investors […]

SRM Europe Acquires Accourt Payments Specialists, Strengthens Global Payments Consulting Capability

LONDON–(BUSINESS WIRE)–SRM Europe, a subsidiary of SRM (Strategic Resource Management, Inc.) providing business advisory services across the United Kingdom and Europe, is pleased to announce the acquisition of Accourt Payments Specialists, a leading provider of payments consulting and strategic services. With a strong track record in payments, regulation, and risk management spanning over 22 years, […]

Kinsted Wealth Selects Objectway for Enhanced and Fully Integrated Client and Investment Management Platform to Drive Growth

TORONTO & MILAN–(BUSINESS WIRE)–#Canada–Objectway, global Top 100 FinTech provider of as-a-service software and services to banks, wealth and asset managers, has partnered with Kinsted Wealth, a Calgary (CAN) based independent wealth manager serving private individuals and institutional investors. Objectway will help Kinsted Wealth manage their business in a fully integrated and centralised manner, ultimately accelerating […]

Consilience.ai Unveils AlphaIQ Platform for Instant and Verifiable Insights for Financial Analysis

New AI-powered engine offers unparalleled traceability, customizability, and strategic foresight specifically for financial decision-making. BOSTON–(BUSINESS WIRE)–Consilience.ai today announced the early access launch of its proprietary AlphaIQ™, an innovative analysis platform for investment professionals to leverage data for decision-making. By harnessing the power of its Quantitative Linguistics platform, AlphaIQ allows financial and investment professionals to immediately […]

AffiniPay Expands Into Puerto Rico

Austin-Based Fintech Leader Extends Services With Its Comprehensive Suite of Solutions & Distinct Payment Offerings Benefitting Legal Professionals Beyond Borders AUSTIN, Texas–(BUSINESS WIRE)–#Accounting—AffiniPay, the leader in online payments and software solutions for professionals, has announced the launch of its expansion into Puerto Rico for LawPay and CPACharge. With a strong presence established in the United […]

Greenlight Empowers Families to Help Teens Become Confident Drivers with New Driving Safety Tools

Driving scores, reports, and real-time alerts now available in the Greenlight Infinity plan ATLANTA–(BUSINESS WIRE)–Greenlight®, the award-winning money and safety app for families, today announced the launch of industry-first driving safety tools designed for families to help teens become more confident drivers. Driving scores, reports, and real-time alerts are now included in the Greenlight Infinity […]

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