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. Launches New Family Office Suite™, Strengthens Legal Team With Addition of David Haughton, JD, CPWA®

New estate planning offering focuses on driving productivity and efficiency for advisors and wealth strategists serving high-net-worth and ultra-high-net-worth clients PHOENIX–(BUSINESS WIRE)–#EstatePlanning—, the industry’s leading estate planning platform, today unveils its latest innovation: Family Office Suite™, a cutting-edge collection of estate management technologies designed for highly complex estates. The Family Office Suite is specifically tailored […]

QpiAI Closes $6.5 Mill Pre-Series A Funding Led by Yournest and SIDBI Venture Capital to Enable Intelligence Modelling and Intelligence Compute Using Quantum Computers

QpiAI closed first ever external investment with the pre-series A funding of $6.5 million led by Yournest and SVCL. WFC, an angel group; Ramesh Radhakrishnan, a successful serial entrepreneur and venture capitalist; Ramaswamy Prabhakar, a Technologist and angel investor from Silicon Valley; Quick Heal Security founders Kailash Katkar and Sanjay Katkar and their family office; […]

ICE Benchmark Administration to Launch USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates® as Benchmarks

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited (IBA) intends to launch USD SOFR ICE Swap Rate® Swap Spreads and EUR €STR ICE Swap Rates® for use as benchmarks in financial contracts and financial instruments by licensees on July 1, 2024. The launch […]

Intuit Expands IDEAS Program and its Partnership with the Los Angeles Urban League, Offering Small Businesses Free Access to Intuit Products, Services, Business Counseling, and Coaching

Applications for 12-Month Program That Successfully Helped Small Businesses Grow, Save Time and Money in First Year Now Open in Atlanta, Los Angeles, and Philadelphia MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, in partnership with the Los Angeles Urban League announced […]

Micruity and MetLife Expand Collaboration to Enhance Access to Retirement Income Solutions

~ Digital Retirement Platform will deliver education and planning tools alongside increased accessibility to annuity products for defined contribution plans ~ NEW YORK–(BUSINESS WIRE)–Micruity, a recognized leader in retirement technology solutions, announced today an expansion of its collaboration with MetLife, Inc. (MetLife), a leading provider of institutional income annuities. The two firms will collaborate on […] Partners With Trulioo to Deliver State-of-the-Art Customer Onboarding Experience

Partnership Sparks 80% Onboarding Increase in Latin America, 28% Boost in Asia for the Global Trading Platform VANCOUVER, British Columbia–(BUSINESS WIRE)–Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced a strategic partnership with, a high-growth retail trading platform, to support its global expansion with streamlined, convenient onboarding. […]

Harness Satellite-Powered Natural Catastrophe Data with ICEYE’s New Guidewire Cloud Integration

SAN MATEO, Calif. & HELSINKI–(BUSINESS WIRE)–#innovation–Guidewire (NYSE: GWRE) and ICEYE, a global leader in satellite-powered disaster management solutions, announced that ICEYE’s new Ready for Guidewire validated accelerator is now available to ClaimCenter on Guidewire Cloud users in the Guidewire Marketplace. ICEYE, a recent Insurtech Vanguards program graduate and the winner of Guidewire’s inaugural Insurtech Vanguards […]

Charlesbank Capital Partners Closes Technology Opportunities Fund II at $1.275 Billion, Clearing Initial Hard Cap

Successful fundraise, exceeding $1.1 billion target and initial $1.2 billion hard cap, demonstrates confidence in Charlesbank’s lower middle-market technology investing strategy BOSTON & NEW YORK–(BUSINESS WIRE)–Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, announced today that it has successfully completed fundraising for Charlesbank Technology Opportunities Fund II (“TOF II” or the “Fund”). The Fund […]

Mosaic Insurance Partners with WNS on Future-ready Operations Model

NEW YORK & LONDON & HAMILTON, Bermuda & MUMBAI, India–(BUSINESS WIRE)–$WNS #BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, and Mosaic Insurance, a global specialty insurer, today announced their strategic partnership to create a future-ready operations model for underwriting and claims support, reinsurance processing, and finance and […]

Numerated Secures Strategic Investment from Citi to Enhance Offering of AI-Driven Financial Analysis for Commercial Lending

BOSTON–(BUSINESS WIRE)–Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process. Financial institutions face the challenge of managing vast amounts […]

GIST Impact, a leading impact data and analytics provider, receives investment from UBS Next

ZURICH–(BUSINESS WIRE)–Today GIST Impact, the leading provider of impact data and analytics, announced an investment from UBS Next, the leading universal Swiss bank’s venture and innovation unit. GIST Impact delivers actionable impact intelligence to companies and investors, helping them easily measure their environmental and social impacts. The firm’s data and software are founded on a […]

Salsa Brings Embedded Payroll Solutions to Canada with Mangomint

The Company’s Modern Payroll Infrastructure Makes it Easy to Build New Payroll Products for the Canadian Market TORONTO–(BUSINESS WIRE)–#embedded—Salsa, a U.S.-based company that offers embedded payroll capabilities through APIs, has today announced its official expansion into Canada and first local partnership with Mangomint, a leading booking and management platform serving spas and salons. Salsa’s modern […]

ICE Midland WTI (HOU) Hits Record Open Interest as Market Participants Expand Positions in ICE HOU

HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that its ICE Midland WTI (ICE:HOU) crude futures contract hit record open interest of 158,208 contracts on June 13, 2024, after market participants last week added over 100,000 lots of HOU to their books. ICE HOU has grown from […]

Tecnotree Announces Strategic Partnership with HCLTech to Bring Advanced 5G-Led GenAI Solutions for Global Telcos

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced a strategic partnership with HCLTech, a leading global technology company, to co-develop advanced 5G-led generative AI (GenAI) solutions for the telecom industry. This partnership combines Tecnotree’s proven 5G and AI-led BSS platform capabilities and HCLTech’s deep expertise […]

Discover® Global Network and NETS Collaboration Expands Singapore Acceptance

The agreement is the latest effort by Discover Global Network to expand in the Asia-Pacific region RIVERWOODS, Ill. & SINGAPORE–(BUSINESS WIRE)–Network for Electronic Transfers (NETS) and Discover Global Network have launched their strategic agreement, signed in 2022, in an event with executives from both companies. The agreement will expand the global acceptance footprint for Discover […]

Arroweye Solutions Delivers for Affiniti Finance Co-Branded Trade Association Credit Card Programs

HENDERSON, Nev.–(BUSINESS WIRE)–Arroweye Solutions, the only provider of just-in-time payment cards, is now delivering custom, co-branded credit cards to Affiniti Finance and their dozens of association clients across nine industries. Affiniti, a fintech innovator that serves overlooked small business industries across the United States, is leveraging Arroweye’s technology to enable trade association partners to offer […]

DealerBuilt’s Lightyear Enterprise Retail Cloud Integrates with CheckMy Driver Insurance Verification From Modives

  CHARLOTTE, N.C.–(BUSINESS WIRE)–#cardealer–In a joint statement today, DealerBuilt announced its new integration with CheckMy Driver to bring AI-driven real-time insurance verification to its Lightyear Enterprise Retail Cloud. CheckMy Driver by Modives offers a streamlined and frictionless experience for verifying insurance is active, accurate, and adequate directly through carriers during auto transactions, including sales and […]

Tecnotree Recognized by Gartner® in the 2024 Magic Quadrant™ for AI in CSP Customer and Business Operations

ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been recognized in the 2024 Gartner Magic Quadrant for AI in CSP. The Gartner Magic Quadrant, authored by analysts Pulkit Pandey, Amresh Nandan, and Peter Liu, identifies and evaluates AI vendors for CSP customer and business operations. According […]

Mitek Named to 2024 AIFinTech100 List

Recognized by FinTech Global as One of the World’s Most Innovative AI Solution Providers SAN DIEGO–(BUSINESS WIRE)–#AIFinTech100–Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and digital fraud prevention announced today its inclusion in the 2024 AIFinTech100. The list, published by FinTech Global, recognizes the world’s most innovative AI solution providers for financial […]

Brazilian Fintech Celcoin Announces US$125 Million Investment Led by Summit Partners

Global growth equity firm partners with Celcoin to support its continued expansion and commitment to expanding financial access for Brazilian consumers SÃO PAULO–(BUSINESS WIRE)–Celcoin, a leading company in the Banking as a Service (BaaS) financial technology market, today announced a US$125 million investment led by global growth equity investor Summit Partners. Summit has a long […]

Origami Risk Wins Business Insurance 2024 Innovation Award

Award Recognizes “Leadership, Inventiveness and Ingenuity in Products and Services designed for Risk Management Professionals” CHICAGO–(BUSINESS WIRE)–#BI_Innovation–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has won a 2024 Innovation Award from Business Insurance magazine for its Origami Mobile solution, marking the sixth time the firm has received this […]

Future Capital Unveils All-in-One Digital Solution Enabling Advisors to Directly Manage Workplace Retirement Plan Assets

Construct enables advisors to efficiently manage held-away 401(k) assets, enhancing the value of advisory services CHATTANOOGA, Tenn.–(BUSINESS WIRE)–#401kManagement—Future Capital, a tech-enabled registered investment advisor (RIA) specializing in personalized retirement solutions, today announced the launch of Construct, an innovative tool designed specifically for growth-focused financial advisors to manage held-away 401(k) assets which they previously were unable […]

A New Milestone for Stellantis Insurance: Stellantis Financial Services US Launches Embedded Insurance Program With bolt to Expand Customer Choice

Partnership across six iconic brands – Chrysler, Dodge, Jeep®, Ram, Fiat, and Alfa Romeo – will enable more customer purchasing options through tailored insurance products SAN FRANCISCO–(BUSINESS WIRE)–Stellantis Financial Services US, the captive automotive finance company of Stellantis in North America, today announced a new partnership with bolt, the insurtech with the world’s largest technology-enabled […]

Treasury Prime and FS Vector Join Forces to Strengthen BaaS Relationships through Regulatory Compliance Training

Partnership brings FS Vector’s Headmaster training platform to the Treasury Prime Partner Marketplace SAN FRANCISCO–(BUSINESS WIRE)–Treasury Prime, a leading embedded banking software company, announced today its strategic partnership with regulatory advisory firm FS Vector. The partnership formalizes an existing relationship between the two companies and will bring FS Vector’s regulatory compliance training platform Headmaster™ to […]

BlackRock Strengthens Active ETF Platform with Two ETFs

First ETFs Managed by BlackRock’s Strategic Equity and High Yield Teams NEW YORK–(BUSINESS WIRE)–Today, BlackRock expanded access to its alpha-seeking expertise with the launch of the BlackRock Long-Term U.S. Equity ETF (Nasdaq: BELT) and the BlackRock High Yield ETF (Nasdaq: BRHY). These launches reinforce BlackRock’s commitment to delivering liquidity, tax efficiency, and alpha in the […]

LoanPro Launches Lending Tech Podcast Series With Fintech Confidential

LoanPro announces the launch of Accrued, a podcast series in collaboration with Fintech Confidential. This podcast series features the top industry leaders providing real-world and practical insights into fintech, innovation, lending, and credit. SALT LAKE CITY–(BUSINESS WIRE)–LoanPro, the API-first, modern lending and credit platform, announced today the launch of their podcast series, Accrued, in partnership […]

LatAm Fintech Infrastructure Leader Prometeo Expands Footprint To US Market

Launch of Bank Account Validation Solution to Bridge the Gap Between the Two Markets MEXICO CITY–(BUSINESS WIRE)–Prometeo, a leading fintech infrastructure company connecting global corporations with financial institutions in Latin America, today announced the launch of its Bank Account Validation (BAV) offering for the US Market. With this launch, the company enables Latin American businesses […]

APCU/Center Parc Credit Union Selects Cotribute’s Digital Platform to Streamline Account Opening Process for Business Members

–Credit union expands SMB portfolio with embedded account origination solution, provides tailored, more engaging experience for businesses– ANAHEIM, Calif.–(BUSINESS WIRE)–#APCUCenterParcCreditUnion—Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships, today announced it has collaborated with APCU and Center Parc Credit Union (APCU/Center Parc) to launch an advanced, digital account opening solution […]

NATO Innovation Fund makes first investments to secure the future of the Alliance’s 1 billion citizens

Equity investments to strengthen the defence, security and resilience of Allies by revolutionising manufacturing, making air travel faster and more fuel-efficient, advancing Artificial Intelligence and powering autonomous robotic solutions Alpine Space Ventures, OTB Ventures, Join Capital and Vsquared Ventures receive backing to support early-stage innovators with a focus on strengthening both emerging and well-established deep […]

Ant International Unveils Global SME Digital Lending Service Through Embedded Finance to Accelerate Financial Inclusion

SINGAPORE & BANGKOK–(BUSINESS WIRE)–Ant International, a leading global digital payment and financial technology provider, today unveiled bettr, a global digital lending service to provide micro lending to micro, small and medium enterprises (MSMEs) in strategic markets through embedded finance partnerships. Yang Peng, CEO of Ant International said, “I’m thrilled to introduce bettr to SMEs and […] Featured on AI FinTech 100 List of Trailblazing Firms Transforming Financial Services recognized as one of the World’s 100 Most Innovative Al Technology Companies in Financial Services REDWOOD CITY, Calif.–(BUSINESS WIRE)–#4crisk–FinTech Global, a research platform, launched the latest edition of its annual AI FinTech 100 list highlighting the leading movers and shakers who are creating a new era of artificial intelligence technologies in the financial sector […]

ACI Worldwide and STET: European Instant Cross-Border Transactions Reach New Record High

50 million instant cross-border payments were processed by STET and ACI Worldwide in the last 12 months STET’s CSM platform leverages ACI technology to offer interoperability with the other major European instant payment schemes OMAHA, Neb. & PARIS–(BUSINESS WIRE)–Instant cross-border payments processed by STET, one of the leading European clearing and settlement systems, (CSM), and […]

INSERTING and REPLACING Patient ID Leader Vouched Exceeds 20 Million People Verified

As milestone is reached, new innovation launches to improve accuracy by 25 percent SEATTLE–(BUSINESS WIRE)–#ai–Insert after second paragraph: The milestone was reached as Vouched launched its latest innovation, enhanced ID Capture & Extraction, which increases identity accuracy by 25 percent. Instead of evaluating the static photo of a person’s ID, Vouched utilizes continuous video streaming technology […]

Metomic’s New Google User Groups Feature Helps Security Teams Bolster Data Security and Compliance Across the Organization

In addition to the newly launched Google User Groups feature, Metomic is rolling out integrations with Google Drive Labels and external sharing detection and remediation in Google Drive LONDON–(BUSINESS WIRE)–Metomic, a next generation data security solution for protecting sensitive data in the new era of collaborative SaaS, Gen AI and cloud applications, today launched its […]

doxo Introduces the Cost of Bills Index™, Uncovering Most Affordable, and Most Expensive, Places to Live

New doxoINSIGHTS tool provides standard comparison index for the most fundamental expenses that comprise the cost of living SEATTLE–(BUSINESS WIRE)–doxo, the innovative web and mobile bill pay service, today announced the launch of the Cost of Bills Index™ (COBI). The COBI is based on doxo’s nationwide bill payment statistics for the ten most common household […]

Get Covered Partners With LeaseLock Zero Deposit™ to Mitigate Risk for Rental Housing

Partnership is First of its Kind DALLAS–(BUSINESS WIRE)–LeaseLock, an insurtech leader providing the only lease insurance for rental housing, has partnered with Get Covered to expand its services. LeaseLock will leverage Get Covered’s risk mitigation and compliance technology to deliver a best-in-class, all-in-one experience for properties and renters. Get Covered offers a broad range of […]

PSQ Holdings Announces Intent to Migrate PublicSquare Marketplace to Rumble Cloud Platform

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), America’s leading commerce and payments ecosystem that serves customers and businesses that value life, family, and freedom, today announced that it intends to migrate its Marketplace segment to the Rumble Cloud platform. Michael Seifert, Chairman and Chief Executive Officer of PublicSquare, commented, […]

Progressive Leasing Honored as Silver Stevie® Award Winner in 2024 American Business Awards®

Customer Service Department of the Year Award Secured through Company’s Commitment to Superior Employee Engagement and High Customer Satisfaction Ratings SALT LAKE CITY–(BUSINESS WIRE)–PROG Holdings, Inc. (NYSE:PRG) today announced its subsidiary company, Progressive Leasing, the leading provider of flexible and transparent lease-to-own purchase options, has been honored as a Silver Stevie® Award winner in the […]

BMO Transfers 3 BMO Mutual Fund ETF Series, Managed by ARK Investment Management, to Cboe Canada

TORONTO–(BUSINESS WIRE)–$ARKG #Cboe—Cboe Canada Inc. (“Cboe Canada”) is pleased to announce BMO Investments Inc. (“BMO”) has transferred three BMO mutual fund ETF series, trading under the symbols ARKK, ARKW, and ARKG, to Cboe Canada. These ETF series are actively managed by ARK Investment Management LLC (“ARK”). “The ETF series within today’s transfer are a natural […]

Intuit to Acquire Technology from Zendrive

Transaction will enable Intuit Credit Karma to accelerate Karma Drive and help members save on auto insurance MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has signed an agreement to acquire technology from leading mobility risk intelligence provider […]

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