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.

Options’ QUB Rowing Partnership Leads Stars to Paris 2024 Olympics

BELFAST, Ireland–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, is proud to announce that its impactful partnership with Queen’s University Belfast (QUB) Rowing has helped enable club member Nathan Timoney, to represent Ireland at the Paris 2024 Olympics. Nathan Timoney, 24, hailing from Enniskillen, has made a remarkable journey from playing for the Senior […]

Tenet Energy Proves Out Lender Network with Service Credit Union to Drive EV Adoption

Service Credit Union and Tenet Energy Inc. partner for seamless electric vehicle financing and a reliable source of new member growth NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, has partnered with Service Credit Union (“Service CU”), a leading member-owned financial institution, […]

EDS to Power Canopy Investors’ Research Management and Portfolio Construction Processes

Growing demand from fund startups to adopt a scalable, advanced workflow and analytics platform NEW YORK–(BUSINESS WIRE)–#assetmanagement–Equity Data Science, Inc. (“EDS”), an investment process management (IPM) software provider that delivers decision-support and productivity tools to hedge funds and asset managers, announced today that Canopy Investors, a boutique global small and mid-cap equities manager, has deployed […]

KEO World Expands Automated B2B Finance and Payment Solutions to Canada

MIAMI–(BUSINESS WIRE)–KEO World (KEO), a leading B2B digital payments and inventory financing fintech, is expanding its core solution, Workeo, to Canada with the help of Amex Business Link™, a B2B payments infrastructure. KEO’s Workeo solution provides digital lines of credit in multi-currency and for cross-border payments, and through the Amex Business Link capabilities, buyers and […]

Alpaca Extends Partnership with Citadel Securities to Unlock Japanese Investor Demand for US Stocks and Options Trading

SAN MATEO, Calif.–(BUSINESS WIRE)–Alpaca, an API-focused brokerage that operates a modern infrastructure for stocks, ETFs, and options trading and serves hundreds of financial services businesses globally, and Citadel Securities, a leading global market maker, today announced an extension of their strategic partnership in Japan to jointly leverage their expertise in brokerage infrastructure, trade execution and […]

FICO Survey: 1 in 3 Indonesians Reject Bank, Credit Card Applications Over Complex ID Checks

In a digital-first world, identity verification must not hinder new business JAKARTA, Indonesia–(BUSINESS WIRE)–(NYSE: FICO) Highlights Ease of use is the top priority for Indonesians, followed by good fraud protection Two in three consumers expect to answer 10 questions or less or they will abandon a savings account application Identity checks are on the rise […]

Cross River Celebrates 16 Years of Trailblazing Innovation, Inclusion and Giving

Provided Life-Changing Access to Credit to Nearly One Hundred Million Customers and Facilitated Nearly One Billion Payment Transactions for Consumers When and Where Needed Started in the Midst of 2008 Financial Crisis to Deliver Financial Resources to Those in Need with the Goal of Being a Different Type of Institution, Bent on Making a Difference […]

RapidFort Enhances SASM Platform with Cutting-Edge STIG Compliance Toolset

New features will help government and commercial companies more easily achieve and maintain compliance with common industry benchmarks SAN FRANCISCO–(BUSINESS WIRE)–RapidFort, a leading innovator in cybersecurity pioneering Software Attack Surface Management (SASM), has added a new compliance capability to its platform to help both government and commercial organizations benchmark their container images against the Security […]

ROH Crosses $100 Million in Booking Value Created as Hotel Operators, Owners and Brands Tap Payments and Revenue Management Platform to Increase Profitability

Industry-first, consolidated platform partners with leaders including Auberge Resorts Collection, Crescent Hotels & Resorts, Evolution Hospitality and Loews Hotels & Co NEW YORK–(BUSINESS WIRE)–#SaaS—ROH, the hospitality industry’s first payments and revenue management platform designed to help hotels increase profitability, today announced that over $100 million in booking value has run through the platform as hotel […]

Plynk® and Teach For America Announce Alliance to Support Teachers’ Financial Wellness

Program includes educational webinar to provide knowledge and skills that can help kickstart investing journeys BOSTON–(BUSINESS WIRE)–Plynk®, the app designed to simplify investing and help investors grow their knowledge, today announced its alliance with education nonprofit and leadership development organization Teach For America. The new relationship emphasizes the Plynk team’s dedication to enabling financial empowerment, […]

Portage and Taktile Unveil the Top 50 Fintech Companies Disrupting US Consumer Finance in 2024

Global investment platform, Portage, and next-generation risk decision platform, Taktile, join forces to showcase US fintech companies at the forefront of consumer finance innovation NEW YORK–(BUSINESS WIRE)–#FinancialServices—Portage, a global investment platform, in collaboration with Taktile, a next-generation risk decision platform, proudly presents “The Top 50 US Fintech Companies Disrupting Consumer Finance in 2024.” This comprehensive […]

SRA Watchtower Taps William Mills Agency for Public Relations Services

ATLANTA–(BUSINESS WIRE)–William Mills Agency, North America’s largest independent public relations and marketing firm specializing in financial technology, has been selected by SRA Watchtower, a Glen Allen, Va.-based financial technology services firm, and the provider of Watchtower, The Holistic Risk Intelligence Platform™, to lead its public relations program. SRA Watchtower, formerly known as Strategic Risk Associates, […]

Gulf Coast Bank Chooses Spiral to Boost Customer Savings and Community Impact Through Everyday Banking

Gulf Coast Bank adds Spiral to allow customers to grow their savings effortlessly and support charitable causes of their choice through everyday purchases and digital banking accounts. NEW YORK–(BUSINESS WIRE)–Spiral, the award-winning personalized banking platform, today announced a partnership with Gulf Coast Bank, an LA-based community bank known for its customer care and dedication to […]

Q2 Helps VeraBank Grow and Strengthen Commercial Client Relationships

VeraBank recognized as 2024 Q2 Excellence Award Bank of the Year for achieving impactful customer and strong business outcomes AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced VeraBank as the 2024 Q2 Excellence Award – Bank of the Year for achieving record results in […]

Blu Launches "Mass Market" Credit Card With 50,000 Waitlist

FinTech Confirms Market Readiness for Mastercard® Credit Card in Mexico MEXICO CITY–(BUSINESS WIRE)–Blu Financiero (“Blu”), a FinTech company using big data and AI to underwrite the underbanked population in Mexico, has announced the launch of its “mass market” credit card. The credit card has a 99% approval rate and can be obtained without a formal […]

Green Check Expands Unified Cannabis API Offering for New Cannabis Market Entrants and Legacy Businesses

New API and data tool removes barriers to entry for new cannabis market participants, while providing unprecedented insights to incumbents BONITA SPRINGS, Fla.–(BUSINESS WIRE)–Today, Green Check (GC), the leading fintech provider of financial service solutions and industry insights in the cannabis market, announced the expansion of Green Check Access (GCA): the first-of-its-kind cannabis API and […]

Croissant Launches Industry-First “Shop Now, Sell Later” Resale Experience for iPhone

Company Expects Launch to Increase Momentum by More Than 10X NASHVILLE, Tenn. & NEW YORK–(BUSINESS WIRE)–Today Croissant, the first fintech tool to empower users with guaranteed resale pricing (called Guaranteed Buybacks™) while they shop for apparel and accessories, announces the official launch of its consumer app out of beta, offering the industry’s first “shop now, […]

PublicSquare & Sticker Mule Announce Strategic Partnership to Empower Businesses & Consumers in the Patriot Economy

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America’s leading commerce and payments ecosystem valuing life, family, and liberty, and Sticker Mule, the fastest and easiest way to buy custom printed products, today announced a strategic partnership. This partnership will allow PublicSquare merchants and consumers to receive exclusive discounts from […]

Regula Enables Maza to Verify New Immigrants, Securing Vital U.S. Services

RESTON, Va.–(BUSINESS WIRE)–#finance—Regula, a global developer of forensic devices and identity verification solutions, has improved the onboarding process for Maza, a fintech company dedicated to providing new immigrants in the U.S. with rapid access to essential financial services. By integrating Regula Document Reader SDK and Face SDK, Maza has established a streamlined, secure identity verification […]

Unlock Smarter Decision-Making with Automated Intake of Submission Data using Indico Data’s New Guidewire Cloud Integration

SAN MATEO, Calif. & BOSTON–(BUSINESS WIRE)–#automation–Guidewire (NYSE: GWRE) and Indico Data Solutions (Indico), an Insurtech Vanguards program graduate, announced that Indico’s new Ready for Guidewire validated accelerator is now available for PolicyCenter on Guidewire Cloud users in the Guidewire Marketplace. Indico’s Intelligent Intake™ solution helps insurers quickly and easily process complex underwriting and claims submission […]

BlackRock’s ETHA Debuts on Nasdaq

NEW YORK–(BUSINESS WIRE)–BlackRock’s iShares Ethereum Trust ETF (ETHA), begins trading today on Nasdaq. ETHA seeks to track the price of Ethereum’s native token, ether, and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $2.5B assets under management (AUM)1. “The robust demand for the iShares Bitcoin Trust […]

MobiAzores Goes Live with UbiRider Mobility-as-a-Service Platform to Streamline Transportation and Access to Mobility on Terceira Island

Launch of MobiAzores Coincides with the second anniversary of UbiRider’s global partnership with Mastercard and first public launch in Evora PORTO, Portugal–(BUSINESS WIRE)–Ubirider, a mobility fintech company and creator of Ubirider Platform, a digital mobility-as-a-service (MaaS) platform for transport providers, riders and cities that helps move people, information and payments seamlessly, today announced its newest […]

Galileo Financial Technologies Adds 3D Secure to Bolster Online Fraud Protection

Galileo 3D Secure reduces CNP fraud risks across the U.S., Latin America and Canada SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leader in financial technology solutions and a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of Galileo 3D Secure (3DS) Access Control Server (ACS). This enhancement helps clients protect against card-not-present […]

Chime Strengthens C-Suite with Key Leadership Hires

Chime Expands Technology Organization with Jeff Currier as Chief Technology Officer, Barkha Saxena as Chief Data Officer and Sarah Wagener as Chief People Officer SAN FRANCISCO–(BUSINESS WIRE)–Chime®, the #1 Most Loved Banking App1, today announced the addition of three key executives to its leadership team. The new leadership will help strengthen the company and its […]

Pesa Expands Remittance Services To 36 European Countries, Surpasses 1M Transactions, Achieves Profitability

Canadian Fintech Extends The Reach of Its Secure and Affordable Money Transfer Platform to a Fourth Continent. TORONTO–(BUSINESS WIRE)–#Africa—Pesa, a Canadian cross border financial service provider, announced today its expansion into Europe. The Toronto based startup will now offer its free and convenient money transfer services to businesses and individuals in all 36 countries of […]

kWh Analytics Pioneers First-of-its-Kind Parametric Wind Proxy Hedge for Greenbacker with Munich Re, MUFG

This innovative structure hedges wind speed utilizing the kWh Analytics Indifference Structure, enhancing the project’s P99 scenario and reducing the sponsor equity requirement. SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in Climate Insurance, today announced the successful close of a groundbreaking wind proxy hedge risk transfer product for a 59MW, 14-turbine wind project in Maine, […]

eNor Taps Matera To Provide Seamless Cross-Border Payments

Partnership enables conversion from fiat currencies to bitcoin and stable coins ATLANTA–(BUSINESS WIRE)–Matera, a leading banking software provider, today announced a partnership with eNor Securities, a fintech offering an investment exchange for digital assets and a marketplace for tokenized assets. This agreement will enable eNor to provide seamless cross-border payments from fiat to bitcoin and […]

Nurp to Showcase Algorithmic Trading Accelerator at MoneyShow Las Vegas 2024

LAS VEGAS–(BUSINESS WIRE)–Nurp, a leading fintech company known for its innovative Algorithmic Trading Accelerator, is thrilled to announce its participation in the prestigious MoneyShow Las Vegas 2024. The event will take place from August 1-3, 2024, at the Paris Resort in Las Vegas, Nevada. Nurp’s Algorithmic Trading Accelerator is revolutionizing quantitative trading for everyone. This […]

Rabobank Selects Zafin Platform to Power Digital Transformation Efforts with Optimized Product, Pricing and Billing Capabilities

Supports Rabobank’s strategy to deepen client relationships and offer seamless digital client and employee experiences VANCOUVER, British Columbia & UTRECHT, Netherlands–(BUSINESS WIRE)–Zafin, the leading provider of SaaS core modernization and transformation solutions for banks announces that Rabobank a multi-national banking and financial services company, headquartered in the Netherlands with more than 9.1 million customers has […]

Webcash Global and Woori Bank Vietnam Launch an Electronic Financial Service to Empower Vietnamese Businesses

The launch builds on the MOU signed in April between the two companies, aiming to boost operational efficiency for Vietnamese enterprises Introduces a unified service that offers access to Woori Bank Vietnam’s financial information and General Department of Taxation data through a streamlined connection SEOUL, South Korea–(BUSINESS WIRE)–#B2BSaaS—Webcash Global Co., Ltd. (CEO Lee Sil-Kwon) announced […]

SAISON Auto & Fire Insurance Introduces Guidewire to Modernize Claims Operations in the Cloud

TOKYO & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireClaimCenter—SAISON AUTOMOBILE AND FIRE INSURANCE COMPANY, LIMITED (“SAISON Auto & Fire Insurance”), a direct non-life (P&C) insurance company and part of the Sompo Group, and Guidewire (NYSE: GWRE) today announced that SAISON Auto & Fire Insurance is leveraging Guidewire ClaimCenter as its new management system for insurance claims operations. […]

BlackRock’s iShares Ethereum Trust ETF Set to Launch

NEW YORK–(BUSINESS WIRE)–The registration statement for BlackRock’s iShares Ethereum Trust ETF (ETHA), has been declared effective by the U.S. Securities and Exchange Commission (SEC). ETHA seeks to track the price of Ethereum’s native token, ether, and is expected to begin trading on Nasdaq on July 23, 2024. ETHA carries a 0.25% sponsor fee with a […]

Emburse Unveils Next Generation of Travel and Expense Technology at GBTA 2024 Conference

Fully integrated, end-to-end booking, trip management, virtual card and expense management to deliver greater spend control and a new era of business travel ATLANTA–(BUSINESS WIRE)–Emburse, whose leading travel and expense solutions power forward-thinking organizations, continues its innovative track record by unveiling its vision for the next generation of integrated, end-to-end travel and expense management solutions, […]

Discover® Opens Shine Bright Community Center in Whitehall, Ohio

Dual Purpose Facility Offers Free Use for Community Organizations; Customer Care Center Will Connect Discover with Local Talent WHITEHALL, Ohio–(BUSINESS WIRE)–Today, Discover was joined by federal, state and local leaders in a ribbon-cutting ceremony and reception celebrating the grand opening of its Shine Bright Community Center in Whitehall, marking a significant investment in the local […]

i2c Inc. Announces Strategic Partnership with Beyon Money Business to Launch Corporate Card Program

Rapid Deployment Meets Enhanced Security in New Corporate Card Initiative REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital banking and payments solutions, today announced that it is partnering with Beyon Money Business, a new vertical offering digital financial solutions for SMEs and Corporates, to launch an advanced corporate expense card program tailored to […]

FundingShield, the Market Leader in Wire & Title Fraud Prevention, Released Its Q2 2024 Report Showing Nearly Half of Transactions Were at Risk

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–#compliancemanagement—FundingShield, the market leader in wire & title fraud prevention, released its Q2 2024 report showing nearly half (47%) of transactions were at risk. Disparate systems and processes between the title and lending communities as well as cyber-related risk from bad actors drove these high figures. An increase in title-related claims has […]

The New Payday is Every Day: Study Finds Workers and Employers Prefer Same Day Pay

70% of US-based hourly workers say they would be interested in taking advantage of a same-day pay solution if offered by their employer. CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–#digitalpayments—Onbe, a leading corporate payouts platform, and TimeForge, a full-featured labor management system for the retail and food service industries, recently released the findings from their 2024 Same Day […]

SMArtX Advisory Solutions Unveils Premier Select Manager List Highlighting Elite Investment Strategies for Q2 2024

SMArtX’s Enhanced Select Manager List Empowers Advisors with Top-Tier Investment Choices WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#AdvisorTech–SMArtX Advisory Solutions (“SMArtX”), a leading innovator in managed accounts technology and architect of the SMArtX Turnkey Asset Management Platform (‘TAMP’), proudly announces the latest enhancements to its Select Manager List. This meticulously curated list represents the pinnacle of investment […]

D.A. Davidson Advises Leading Conversational AI Solutions Provider, SmartAction, on its Sale to Capacity

LOS ANGELES–(BUSINESS WIRE)–D.A. Davidson & Co. announced today that it served as exclusive financial advisor to SmartAction LLC, a leading provider of conversational AI solutions that deliver a best-in-class customer experience, in its sale to Capacity, an AI-powered customer support automation platform. SmartAction is a portfolio company of TVC Capital and Staley Capital. Founded in […]

Effortlessly Manage Content with the New Box and Guidewire Cloud-Native Integrations

SAN MATEO, Calif.–(BUSINESS WIRE)–#Box–Guidewire (NYSE: GWRE) announced that the new Built by Guidewire integrations with Box (NYSE: BOX), the Intelligent Content Cloud, are now available in the Guidewire Marketplace to ClaimCenter, BillingCenter, and PolicyCenter users on Guidewire Cloud. Box is an intelligent cloud-based platform that allows businesses to securely manage and optimize unstructured data. With […]

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