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.

The IoT Community Announces Synadia as a Gold-level Corporate Member in its Elite IoT Ecosystem

Derek Collison, Founder & CEO, Synadia Communications, Inc, appointed to the IoT Community Advisory Board Collison and Synadia, to deliver virtual keynote and participate in IoT Center of Excellence discussions at the IoT Slam Live 2022 conference, June 22-23, Cary, North Carolina, USA LONDON–(BUSINESS WIRE)–#5G–The IoT CommunityTM (Internet of Things Community), the world’s largest community […]

Wolters Kluwer Wins Third Consecutive FTF News Innovation Award for Operational Risk Management Excellence

OneSumX® for Operational Risk solution continues to dominate this arena for financial services providers MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Compliance Solutions has earned a 2022 FTF News Technology Innovation Award for its OneSumX® for Operational Risk solution, marking the third consecutive year in which this technology has earned top honors for excellence in product innovation. The FTF […]

Trading Central wins at the Technical Analyst Awards

OTTAWA, Ontario & PARIS–(BUSINESS WIRE)–The Technical Analyst Awards recognize the best in market research, financial data, software and artificial intelligence. At the 2022 edition, industry peers voted Trading Central a winner in three categories: Best AI Product, Most Innovative New Product & Best Multi-Asset Data Provider. Trading Central’s suite of embeddable apps & APIs power […]

CreditPoint Announces Launch of New Bureau Management Library (BML)

TULSA, Okla.–(BUSINESS WIRE)–CreditPoint Software LLC, the leading provider of credit risk management software in the Fintech order-to-cash space, announced the launch of its new Bureau Management Library. With the launch of BML, CreditPoint now has over 15 built-in API integrations to the world’s leading bureaus and business data reporting systems. The goal of the BML […]

Wellington-Altus Partners with CapIntel to Put More Innovation in Advisors’ Hands

CapIntel’s partnership with Wellington-Altus reflects the wealth management industry’s growing adoption of technology platforms that support advisors in delivering better outcomes for clients. WINNIPEG, MANITOBA & TORONTO & MONTREAL–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors announces a strategic relationship with Wellington-Altus Financial Inc. (Wellington-Altus), […]

MDT Credit Unions Live with DeepTarget Integration into Jack Henry’s Banno Digital Platform

Altana FCU and LAFCU leverage DeepTarget’s sophisticated engagement and sales tools within their digital banking environment through MDT partnership FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that the DeepTarget integration […]

Gresham Worldwide, a BitNile Holdings Subsidiary, Booked New Orders Exceeding $8.6 Million in the First Quarter of 2022

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announces its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide”), booked orders for new business exceeding $8.6 million in the first quarter ended March 31, 2022, continuing momentum from the latter half of 2021. While new orders in […]

Pemo Launches All-in-One Spend Management Platform for MENA SMEs Following $12 Million Seed Round

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced that it has launched its all-in-one spend management platform. Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in […]

Q2 Accelerates Innovation and Speed of Delivery for MAX Credit Union

Within its first year of adoption, MAX Credit Union has ushered in a companywide digital-first culture with Q2 Innovation Studio, resulting in huge savings of time and money AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Alabama-based MAX Credit Union (“MAX”) […]

Mambu and Brim Financial Partner to Deliver Transformative Digital Banking, Embedded Finance Products Platform in Real-Time

Integrated platform provides powerful user experience, enables rapid speed to market with next-generation products MIAMI–(BUSINESS WIRE)–Market-leading SaaS banking platform Mambu, and Brim Financial (Brim), one of the fastest growing fintech companies in North America, today announced a strategic partnership to deliver a modern, more powerful digital banking, deposit, lending and cards platform across Canada and […]

Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience

Prove’s Pre-Fill solution will enable lenders and merchants to implement faster and safer identity verification for BNPL payment options NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, announced today it has joined the Visa Ready for BNPL (Buy Now, Pay Later) program. Prove will enable Visa’s BNPL clients to streamline account opening […]

Cantaloupe’s Seed™ Platform Helps Customers Like Continental Services Streamline their Operation and Position them for Future Acquisition Growth

Use of Seed Pro, Seed Office, and Seed Delivery Have Transformed Continental Services’ Entire Operation MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail—Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, is changing the way vending companies service their customers with Cantaloupe’s Seed™ platform. From vending and […]

iCapital® to Acquire SIMON Markets, a Leading Advisor Platform for Structured Investments, Annuities, and Risk-Managed Solutions

Combination creates a comprehensive global advisor marketplace for alternatives access, education, and servicing NEW YORK–(BUSINESS WIRE)–iCapital,1 the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and SIMON Markets,2 the award-winning3 fintech company offering a digital platform designed to help financial advisors understand and manage structured […]

Arturo and ICEYE Team Up to Bring Insurers Near Real-Time Flood and Property Damage Insights

The collaboration will combine SAR satellite imagery with property insights to enable insurers to respond to flood claims with greater efficiency and accuracy CHICAGO & HELSINKI–(BUSINESS WIRE)–#aerialimagery–Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, and ICEYE, a world-leading SAR data provider and expert in natural catastrophe solutions, announced today a […]

Paystand Launches First NetSuite Self-Driving AR Solution that Puts the Cash Cycle on Auto-Pilot for Faster, Simpler Payments

Paystand SuiteApp for NetSuite enables fast, efficient and profitable payments, delivering advanced features for accepting deposits for Quotes & Estimates, auto conversion of quotes to sales orders, instant Cash Sales for Sales Orders, and AutoPay Upon Fulfillment SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the leader in blockchain-enabled B2B payments, and the maker of the fast growing and […]

 Prelim Provides Enhanced Capabilities For Financial Institutions Through Seamless Integration With Fintech Providers

SAN FRANCISCO–(BUSINESS WIRE)–#automation–Recognizing the growing need for strong, streamlined connections to financial services for new customer and member onboarding, Prelim is leading the fintech space with another innovation. A fintech provider optimizing customer-driven banking experiences for financial institutions, Prelim announced the release of its platform’s new app store, which helps connect Prelim customers with leading […]

Onfido’s Real Identity Platform Improves Performance by 12x with Fully Automated, End-to-End Identity Verification

NEW YORK & LONDON–(BUSINESS WIRE)–#AML—Onfido, the leading global digital identity verification and authentication provider, today announced the expansion of its Real Identity Platform, improving fraud accuracy by 54% and fully automated performance by 12x. The platform simplifies identity for everyone. Now customers can reduce the complexity of sourcing and managing multiple identity verification vendors to […]

UOB Kay Hian Goes Extramile

HONG KONG–(BUSINESS WIRE)–Goldhorse, a Hong Kong fintech company specializing in financial products, today announced that it has been selected by UOB Kay Hian Hong Kong, a top brokerage firm in Asia with over a century of operating and continued excellency, to provide a series of customized tools and financial services for the expansion of its […]

M Science Launches Consumer Spending Trends Platform on Australia’s Largest Companies

Investors and Businesses can now access Data-Driven insights tailored specifically to the Australian Marketplace NEW YORK & SYDNEY–(BUSINESS WIRE)–M Science, the pioneer in data-driven research and analytics, announced today the launch of its Australia Spending Trends Platform. This initiative marks an expansion of the firm’s increasing global presence. Derived from M Science’s leading-edge data, the […]

TELUS International reports voting results from its annual general meeting

VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands, today announced the results from its annual general meeting of shareholders which took place on May 20, 2022. All director nominees were elected […]

Mastercard to Participate in Upcoming Investor Conferences

PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard Incorporated (NYSE: MA) today announced its participation in the following investor conferences in the month of June: On Wednesday, June 8, Craig Vosburg, chief product officer, will present at the William Blair Growth Stock Conference in Chicago. The discussion will begin at 1:40 p.m. Eastern Time and last for approximately 30 minutes. […]

Airwallex to help HubSpot customers scale internationally through App Accelerator program

SAN FRANCISCO–(BUSINESS WIRE)–Leading global fintech platform Airwallex is excited to announce it has joined HubSpot’s App Accelerator program to bring high quality apps to international companies. The accelerator marks the first partnership between the two companies, which will enable HubSpot users to access Airwallex’s global financial infrastructure. Joining the accelerator enables Airwallex to significantly speed […]

Procore and Shepherd Partner on Casualty Pro to Offer Underwriting Benefits for Top Procore Users

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced a new partnership with Shepherd, a startup insurtech based in San Francisco, to begin offering an integrated insurance product that provides improved insurance terms and lower premiums to qualified Procore customers. “Procore’s platform, integrations, data and analytics enable […]

FinTech Firm Intelly to Unveil Blockchain-Based Property Investment Platform in July

‘Fractionalization’ of real estate – a key component of Intelly’s platform – represents a ‘paradigm shift’ in the world of property investment, CEO says GENEVA–(BUSINESS WIRE)–Intelly, a future-oriented company that combines property investment and blockchain technology, is gearing up to launch its highly-anticipated real-estate investment platform in July, company officials said this week. Once it […]

Synapse Launches Global Cash, a U.S.-based Account Solution for International Fintech Companies and Their Customers

Global Cash enables residents in over 35 countries to invest, hold, and spend U.S. dollars, accept payments from U.S. companies, and receive a U.S. bank-issued debit card SAN FRANCISCO–(BUSINESS WIRE)–#bankingasaservice—Synapse, a global banking-as-a-service platform that increases access to best-in-class financial products, today announced the launch of Global Cash, a secure cash management account product, that […]

Zeitworks Launches to Help Companies Analyze & Transform Their Business Processes

Out of Private Beta, Startup’s Platform Offers AI-Driven Insights into People, Processes & Productivity SEATTLE–(BUSINESS WIRE)–Zeitworks, an AI-powered business process intelligence platform that provides enterprises with the data-driven insights and tools they need to continuously improve the health and productivity of their team and business process operations, today announces its launch out of private beta […]

SRM Releases Report on Buy Now, Pay Later Services and Why It Matters for Financial Institutions

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management), an independent advisory firm serving financial institutions, manufacturing, retail, and other industries across the U.S. and Europe, today released its most recent report, “Buy Now, Pay Later: What’s Old is New Again in Payment Choices.” Click to download Buy Now, Pay Later (BNPL) has a far-reaching effect; Allied Market […]

Mission Lane Partners with SpringFour to Improve Consumer Financial Health

Purpose-driven fintech connects individuals with resources for food savings, utility costs, employment, and rental assistance RICHMOND, Va.–(BUSINESS WIRE)–Mission Lane, a purpose-driven financial technology company, today announced that it is partnering with SpringFour, a social impact fintech company, to provide both its customers and the general public with thousands of vetted and personalized financial health resources […]

IFC, Partners for Growth Join Forces to Support Growth-Stage Companies in Emerging Markets

WASHINGTON–(BUSINESS WIRE)–IFC and US-based fund manager Partners for Growth (PFG) are uniting to provide much-needed debt capital to innovative early- to mid-stage companies in emerging markets, with a focus on fintech, software, e-logistics, health, and life sciences firms. IFC, a member of the World Bank Group, will invest $30 million in a new investment vehicle […]

Moves Raises $5 Million to Empower Gig Workers to Own the Gig Economy

Advances Mission to Ensure Gig Workers Have a Voice and Share in the Value They Help Create NEW YORK–(BUSINESS WIRE)–#app—Moves, an all-in-one banking app exclusively for gig workers, announced today that it has closed a $5 million USD ($6.39M Canadian Dollars) seed funding round to advance its mission of making the gig economy work for […]

TOGGLE AI Announces Zero-Commission Initiative With Interactive Brokers

TOGGLE AI to offer commission-free trading and subscriber-exclusive options pricing for new IBKR users NEW YORK–(BUSINESS WIRE)–TOGGLE AI today announced an initiative that enables their customers to trade commission-free on Interactive Brokers. Users of TOGGLE’s award-winning investment platform who are clients of Interactive Brokers, will now receive a reimbursement for trading fees each month. Plus, […]

Nicolet Bankshares, Inc. Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Nicolet Bankshares, Inc. (NYSE: NIC) completed its listing transfer and began trading today as an NYSE-listed company. Nicolet will now be able to leverage all of the advantages of […]

WBI’s Affiliate CyborgTech Acquires Fortuna, Maker of Online Tools for Advisors

Cy to Integrate Fortuna360 Video and Client Acquisition Platform RED BANK, N.J.–(BUSINESS WIRE)–#acquisitions–WBI’s affiliate CyborgTech, the technology firm that developed Cy, an award-winning advisor-assisted robo advisory platform, announced today that it is acquiring Fortuna, a Toronto based FinTech specializing in sales enablement and client communication technology for financial advisors. Through the transaction CyborgTech will be […]

MoneyLion and AEON Consortium Obtain Approval for Malaysian Digital Banking License

Digital Finance Leader MoneyLion Expands Enterprise Data and Technology Capabilities with AEON Group, One of Asia’s Largest Retailers and Financial Service Providers NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion) (NYSE: ML), a leading digital financial services and lifestyle content platform, announced that the Ministry of Finance in Malaysia has awarded a digital banking license to a consortium […]

CMG Announces Successful Launch of the Industry’s First Connected ECM Platform

Over 100 asset managers are now active on CMG XC along with 7 of the world’s largest banks NEW YORK–(BUSINESS WIRE)–Capital Markets Gateway LLC (CMG), a fintech company defining the future of equity capital markets issuance, announced the launch of CMG XC™, the first end-to-end ECM platform digitally connecting the buy-side and sell-side. The XC […]

Nova Credit Partners with Alloy to Help Lenders Serve Consumers Across the Credit Spectrum

Alloy integrates Nova Credit’s products into their credit underwriting solution NEW YORK–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for mainstream and credit-excluded consumers and the companies looking to serve them, announced a partnership with Alloy, the leading identity decisioning platform for banks and fintech companies. The partnership will combine Alloy’s Identity Decisioning Platform and Nova […]

URBAN-X, the Platform by MINI for Startups Reimagining City Life, Announces JVP as its New Venture Partner

New partnership between MINI and JVP to accelerate the next phase of URBAN-X and support high-impact startups building solutions to tackle climate change creating more livable cities. Applications to join the platform are open and will be selected on a rolling basis. MUNICH–(BUSINESS WIRE)–The new partnership between MINI and JVP invests in, builds, and scales […]

Akur8 Announces Silver Sponsorship of InsureTech Connect Asia 2022

PARIS & SINGAPORE–(BUSINESS WIRE)–Akur8, the next generation insurance pricing solution powered by transparent AI, is excited to announce its Silver sponsorship of InsureTech Connect Asia (ITC) 2022, the region’s largest gathering of insurance leaders and innovators, taking place from June 7 to June 9 in Singapore. Specifically developed for insurers, Akur8’s solution enhances their pricing […]

Temenos Launches ESG Investing-as-a-Service for Banks and Wealth Managers

Temenos unveils the new solution for sustainable investing at a time of record growth for Environmental, Social and Governance initiatives GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN) today launched ESG Investing-as-a-service, helping banks and wealth managers meet the growing demand for sustainable investing. The offering was unveiled to 1,500 banking and fintech executives at Temenos Community Forum […]

Kominfo Partners with 10×1000 Tech for Inclusion to Bring “Flex” Fintech Foundation Program to Indonesia

JAKARTA, Indonesia–(BUSINESS WIRE)–The Ministry of Communication and Informatics (“Kominfo”) today announced its partnership with fintech training platform 10×1000 Tech for Inclusion (“10×1000”) to recruit local talents to enroll in 10×1000’s “Flex” Fintech Foundation Program. This partnership forms part of Kominfo’s Digital Entrepreneurship Academy (“DEA”) program, which aims to prepare and nurture talents to accelerate digital […]

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