Business Wire

EML And Correos' Sustainability Commitment Will Help Plant 15,000 Trees With Mastercard thumbnail

EML And Correos’ Sustainability Commitment Will Help Plant 15,000 Trees With Mastercard

EML becomes the first fintech in Spain to join Mastercard’s Priceless Planet Coalition. LONDON–(BUSINESS WIRE)–EML Payments (ASX: EML) (S&P/ASX 200), its Spanish partner Correos and Mastercard’s goal is to plant 15,000 trees. Mastercard’s Priceless Planet Coalition (PPC) unites businesses, financial institutions, local authorities, and consumers worldwide with the common goal of implementing actions that contribute […]

AutoFi Closes $85 Million in Funding to Accelerate Growth thumbnail

AutoFi Closes $85 Million in Funding to Accelerate Growth

Funding Round Supports Further Expansion and Solidifies AutoFi’s Leading Position in the Changing Landscape of Automotive Retail SAN FRANCISCO–(BUSINESS WIRE)–#autofinance—AutoFi, the leading commerce platform for digital automotive sales and financing, announced today it has closed $85 million in funding valuing the company at nearly $700 million. The financing included participation from investors Santander Holdings USA, […]

AutoFi Closes $85 Million in Funding to Accelerate Growth thumbnail

AutoFi Closes $85 Million in Funding to Accelerate Growth

Funding Round Supports Further Expansion and Solidifies AutoFi’s Leading Position in the Changing Landscape of Automotive Retail SAN FRANCISCO–(BUSINESS WIRE)–#autofinance—AutoFi, the leading commerce platform for digital automotive sales and financing, announced today it has closed $85 million in funding valuing the company at nearly $700 million. The financing included participation from investors Santander Holdings USA, […]

Ozon Provides Update on Trading Halt in Ozon American Depositary Shares on NASDAQ

Ozon Provides Update on Trading Halt in Ozon American Depositary Shares on NASDAQ

NEW YORK–(BUSINESS WIRE)–Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “we”, “us”, “our”, “Ozon” or the “Company”), a leading Russian e-commerce platform, provides this update on the potential ramifications of the suspension of trading of the American Depositary Shares, each representing one ordinary share of the Company (“ADSs”), on the NASDAQ Global […]

Trading of iShares MSCI Russia ETF (ERUS) Halted thumbnail

Trading of iShares MSCI Russia ETF (ERUS) Halted

NEW YORK–(BUSINESS WIRE)–Today at 4am ET, NYSE Arca halted trading of the iShares MSCI Russia ETF (ERUS). Due to ERUS’ concentrated exposure to Russian equities, the closure of the Russian stock market and MSCI’s decision to remove Russian securities from its Emerging Markets Indexes, BlackRock strongly supports NYSE Arca’s decision and is committed to protecting […]

REPLY: Investing in a Sustainable Way: The Reply Sustainable Investment Challenge is Underway, Organised by Reply and Banca Generali and With a Completely Zero Negative Impact on the Environment thumbnail

REPLY: Investing in a Sustainable Way: The Reply Sustainable Investment Challenge is Underway, Organised by Reply and Banca Generali and With a Completely Zero Negative Impact on the Environment

  TURIN, Italy–(BUSINESS WIRE)–The third edition of the Reply Investment Challenge is underway – the second of these challenges on the theme of sustainability. Aimed at students and young professionals, in 2021 the international online competition had 14,600 members from 91 countries around the world and a total volume of 76,746 trading operations were carried […]

Midwest Bank Partners With Lendsmart to Streamline the Entire Homebuying Journey thumbnail

Midwest Bank Partners With Lendsmart to Streamline the Entire Homebuying Journey

NEW YORK–(BUSINESS WIRE)–#banking—Midwest Bank, a locally-owned community bank, providing loans, mortgages, financial planning and investment services throughout central Illinois, has selected Lendsmart, an AI-driven digital lending platform, to improve its digital lending and home buying operations. With Lendsmart’s technology, Midwest Bank will own its customer journey end to end, helping borrowers acquire a loan and […]

Persolvent Wins Three 2022 Stevie® Awards for Sales & Customer Service thumbnail

Persolvent Wins Three 2022 Stevie® Awards for Sales & Customer Service

SAINT PAUL PARK, Minn.–(BUSINESS WIRE)–#customerexperience–Persolvent, a Minnesota-based technology and software company, was presented with a Gold, Silver, and Bronze Stevie® Award in the 16th annual Stevie Awards for Sales & Customer Service. The team was recognized for a strong display of innovation, customer experience, and leadership, winning a Stevie Award in the category of Customer […]

Industry Leading Corporations Automate their Credit Management Work Process with Bectran thumbnail

Industry Leading Corporations Automate their Credit Management Work Process with Bectran

CHICAGO–(BUSINESS WIRE)–#creditmanagement–Credit, Collections, and Accounts Receivable Software leader Bectran, Inc. announced today that corporations across all industries are using the Bectran platform to bring digital transformation to the credit department. The Bectran Credit Management Solution enables customers, including Michelin, Ben E. Keith, and Floor & Decor, to accelerate the credit approval process through process and […]

Cambridge Housing Authority, Caritas Communities Work with Cambridge Savings Bank to Support Programs Focused on Combatting Homelessness in Boston thumbnail

Cambridge Housing Authority, Caritas Communities Work with Cambridge Savings Bank to Support Programs Focused on Combatting Homelessness in Boston

Through donations and custom lending solutions, CSB provides strategic capital to provide affordable housing in local communities CAMBRIDGE, Mass.–(BUSINESS WIRE)–#affordablehousing—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced its financial support for two organizations fighting back against homelessness in the Boston area: Cambridge […]

Intellicheck Introduces the Future of Identity With the Launch of Platform 2.0 thumbnail

Intellicheck Introduces the Future of Identity With the Launch of Platform 2.0

MELVILLE, N.Y.–(BUSINESS WIRE)–#LawEnforcement—Intellicheck, Inc. (Nasdaq: IDN), an industry-leading identity company delivering on-demand digital and physical identity validation, today announced the launch of Platform 2.0. Platform 2.0 is the fastest and easiest way to globally validate digital and physical documents and IDs. The platform enriches identity verification providing a foundation to deliver certainty that someone is […]

ICE Announces Record Growth in Renewable Fuel Contracts thumbnail

ICE Announces Record Growth in Renewable Fuel Contracts

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced rapid growth in its U.S. Renewable Identification Numbers (RINs) and European Biofuels derivatives, reflecting the increasing use of biofuels by the road transportation sector to reduce emissions. RINs are credits which track the compliance of […]

80% of Small-Medium Businesses Adopted or Expanded Digital Business Models – New Majesco Research thumbnail

80% of Small-Medium Businesses Adopted or Expanded Digital Business Models – New Majesco Research

Heightened expectations among businesses are driving a demand for a digital era of insurance that embrace new technologies and approaches MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of its annual report on the changing landscape of small-medium businesses (SMB), SMB Insurance Customers: Growth […]

Metro Water Services Partners with InvoiceCloud to Launch New Online Payment System thumbnail

Metro Water Services Partners with InvoiceCloud to Launch New Online Payment System

New portal will give customers enhanced options to securely pay bills electronically NASHVILLE, Tenn. & BOSTON–(BUSINESS WIRE)–Nashville Metro Water Services has partnered with InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, to launch an enhanced online billing and payment system for Nashville Metro Water Services customers. The new online payment portal launched […]

TSB Bank Accelerates Innovation with Dynatrace in its Drive to Become an All-Digital Bank

TSB Bank Accelerates Innovation with Dynatrace in its Drive to Become an All-Digital Bank

Full-stack observability and advanced AIOps dramatically reduce manual effort and enable teams to deliver seamless customer experiences faster and more efficiently WALTHAM, Mass.–(BUSINESS WIRE)–Software intelligence company Dynatrace (NYSE: DT) today announced TSB Bank is using the Dynatrace® platform to accelerate innovation as it expands digital services for its customers. TSB built a modern multicloud banking […]

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics thumbnail

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Payments and financial technology leader wins FICO® Decisions Award for AI, machine learning & optimization, using advanced fraud technologies SAN JOSE, Calif.–(BUSINESS WIRE)–#banking–FICO (NYSE: FICO): Highlights: Fiserv wins a 2022 FICO® Decisions Award for fraud management Fiserv has reduced fraud losses 10 to 15% for its financial institution clients False declines decreased by 20% for […]

Drip Capital Named to Y Combinator’s Top Companies List thumbnail

Drip Capital Named to Y Combinator’s Top Companies List

PALO ALTO, Calif.–(BUSINESS WIRE)–Drip Capital, Inc., a leading cross-border digital trade finance platform, has been named to Y Combinator’s Top Companies list. Listed and ranked by valuation, Drip Capital joins other notable Y Combinator fintech alumni like Stripe, Coinbase and Brex on the Top Companies list. This year’s list includes 267 public and private companies […]

Fintech Startups Given Chance to Join ‘Hotbed of Innovation’ at 2022 FIS Fintech Accelerator thumbnail

Fintech Startups Given Chance to Join ‘Hotbed of Innovation’ at 2022 FIS Fintech Accelerator

Key facts: Fintech startups and growth-stage companies are encouraged to apply for the 2022 FIS Fintech Accelerator and the opportunity to accelerate the development of their innovative solutions. Ten companies will be selected to present their solutions to more than 100 leading financial institutions, potential investors and industry participants. April 15 is the deadline to […]

DoorDash and Payfare Announce Exclusive Cash Back Rewards with DasherDirect thumbnail

DoorDash and Payfare Announce Exclusive Cash Back Rewards with DasherDirect

U.S. Dashers will have access to exclusive cash back rewards from national retailers SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–$PAY #gigworkers–Today, DoorDash (NYSE: DASH) and Payfare Inc. (TSX: PAY) launched an exclusive expanded rewards program for Dashers across the United States. Now, DasherDirect cardholders can enjoy new savings including up to 6% cash back at participating restaurants, […]

CaixaBank Group, D-Wave Collaborate on Innovative New Quantum Applications for Finance Industry thumbnail

CaixaBank Group, D-Wave Collaborate on Innovative New Quantum Applications for Finance Industry

Leading bank in Spain becomes the first in the world to apply quantum computing in investment portfolio hedging calculation in the insurance sector With quantum computing, CaixaBank has seen an up to 90% decrease in time-to-solution for investment portfolio hedging and portfolio optimization, among other business benefits VALENCIA, Spain & BURNABY, British Columbia–(BUSINESS WIRE)–CaixaBank, the […]

OneConnect to Hold Annual General Meeting on April 8, 2022

OneConnect to Hold Annual General Meeting on April 8, 2022

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will hold its annual general meeting (the “AGM”) of shareholders of 2022 at 55F, Ping An Financial Center, No. 5033 Yitian Road, Futian District, Shenzhen, Guangdong, People’s Republic of […]

Digital Homeownership Company Better Expands Mortgage Services to Hawaii and New Hampshire thumbnail

Digital Homeownership Company Better Expands Mortgage Services to Hawaii and New Hampshire

The expansion into Hawaii and New Hampshire increases reach of the company’s mortgage services to 99% of U.S. market NEW YORK–(BUSINESS WIRE)–#FHA—Better, one of the fastest-growing digital homeownership companies, announced today that Better Mortgage launched services in two additional states: Hawaii and New Hampshire. The expansion, on the heels of Better Mortgage’s launch in Massachusetts […]

Haus Launches Home Equity Security Token $HAUS, Laying the Groundwork For a Completely New Marketplace Backed by the World’s Largest Asset Class thumbnail

Haus Launches Home Equity Security Token $HAUS, Laying the Groundwork For a Completely New Marketplace Backed by the World’s Largest Asset Class

Accomplishment Marks Another First in Fintech as Haus Continues Its Mission to Make Homeownership Accessible SAN FRANCISCO–(BUSINESS WIRE)–$HAUS #affordability—Haus today announced the launch of HausCoin ($HAUS), a completely new financial infrastructure offering an alternative to the debt and interest driven Mortgage Backed Security (MBS) markets with a new equity driven marketplace. Built on Ethereum blockchain, […]

Invictus Growth Partners Acquires Revation Systems thumbnail

Invictus Growth Partners Acquires Revation Systems

The acquisition includes additional capital to accelerate the growth of its flagship solution, LinkLive, the most secure, artificial intelligence-enabled CCaaS platform. SAN FRANCISCO–(BUSINESS WIRE)–Revation Systems (“Revation”), a leader in cloud-based engagement and communication solutions, has closed a majority investment from Invictus Growth Partners (“Invictus”). Founded in 2003, Revation developed the industry’s most secure messaging and […]

Worldpay from FIS Eases Navigation of Global Crypto Regulations thumbnail

Worldpay from FIS Eases Navigation of Global Crypto Regulations

Key facts Worldpay from FIS has partnered with Shyft Network to enable merchants to easily comply with current and evolving regulatory requirements. Shyft Network’s infrastructure will keep merchants compliant with evolving Crypto regulation reflected in the FATF (Financial Action Task Force) Travel Rule guidance. A leader in Card-to-Crypto processing, Worldpay provides services for 4 of […]

KDDI Advances O-RAN Compliant 5G Standalone Virtualized Base Stations in Japan with HPE Telco Infrastructure thumbnail

KDDI Advances O-RAN Compliant 5G Standalone Virtualized Base Stations in Japan with HPE Telco Infrastructure

Open RAN and vRAN workload-optimized HPE server accelerates large-scale 5G deployment and delivers reduced footprint and resilience to accommodate 5G base station requirements TOKYO–(BUSINESS WIRE)–Hewlett Packard Enterprise (NYSE: HPE) today announced that KDDI, a leading Japanese telecommunications provider, is using the HPE ProLiant DL110 Gen10 Plus – Telco server for the commercial network operation of […]

Razer Signs as Official Peripherals Partner With Envy Gaming thumbnail

Razer Signs as Official Peripherals Partner With Envy Gaming

Exclusive multi-year collaboration adds top esports teams and creators from Envy and OpTic Gaming to Team Razer roster IRVINE, Calif.–(BUSINESS WIRE)–#envy–Razer, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced a multi-year, wide-ranging sponsorship that will see popular esports and entertainment group Envy Gaming name Razer as its Official Peripherals […]

Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments thumbnail

Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments

NEW YORK & CHICAGO–(BUSINESS WIRE)–#edgefocus–Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, is pleased to announce the appointment of Neel Mehta as Chief Marketing Officer, YeeMan Bergstrom as Principal Data Scientist, and Martin Bligh as Principal Engineer. These appointments build on the success of 2021 and signal the […]

Goldfinch Partners and Baupost Announce Initial Closing of Acquisition of Western Union Business Solutions

Goldfinch Partners and Baupost Announce Initial Closing of Acquisition of Western Union Business Solutions

Now known as Convera, the business had a record year of $170 billion in global payments volume & is poised for further growth under new ownership LONDON & SEATTLE–(BUSINESS WIRE)–Goldfinch Partners LLC and The Baupost Group, LLC announced they reached a major milestone today with its initial closing in the acquisition of Western Union Business […]

Independence American Insurance Company Deploys the FINEOS Platform to Further Digital Transformation, Speed to Market, and Foster Business Growth thumbnail

Independence American Insurance Company Deploys the FINEOS Platform to Further Digital Transformation, Speed to Market, and Foster Business Growth

PetPartners Group Pet Insurance moves to the FINEOS Enrollment Portal to support accelerated exponential growth in pet insurance employee benefit market ATLANTA–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) today announced that premier pet insurance underwriter, Independence American Insurance Company (IAIC), will leverage the cloud native FINEOS Enrollment Portal for business critical functions supporting its industry-first PetPartners Group Pet […]

Healthee Launches Rebrand to Support Strategic Vision and Accelerated Growth thumbnail

Healthee Launches Rebrand to Support Strategic Vision and Accelerated Growth

Healthee’s new name and logo reflect their bold, transparent, and innovative approach to removing healthcare barriers and making humans healthier NEW YORK–(BUSINESS WIRE)–Healthee, an AI-powered platform that makes healthcare easy to navigate, unveiled their new name and logo, which reflect their mission to make humans healthier and their vision to create a world where people […]

Alviere Launches Automotive Embedded Finance Platform thumbnail

Alviere Launches Automotive Embedded Finance Platform

AutoPayPlus, An Automated Loan Payment Service Provider, Will Be Alviere’s First Automotive Industry Client NEW YORK–(BUSINESS WIRE)–Alviere, the leading global embedded finance technology platform enabling any brand to offer a complete array of financial products and services to customers, fans, and employees, today announced that AutoPayPlus, an industry-leading automated loan payment service, is the first […]

Skyflow Announces World’s First Level 1 PCI-Compliant Data Vault thumbnail

Skyflow Announces World’s First Level 1 PCI-Compliant Data Vault

Skyflow Delivers Zero Trust Data Privacy Vaults via a Modern API, Ensuring Privacy, Security, and Compliance PALO ALTO, Calif.–(BUSINESS WIRE)–Skyflow today announced the general availability of its PCI Level 1 Data Privacy Vault, making its API-based solution the only one of its kind ready for high-volume credit card transactions. From day one, Skyflow has helped […]

MOCA Financial Partners With Vertifi to Offer Remote Deposit Capture Services thumbnail

MOCA Financial Partners With Vertifi to Offer Remote Deposit Capture Services

– Integrating Vertifi’s remote deposit capture into its payment platform represents a new level of convenience for MOCA’s financial institution and fintech clients and their customers – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Vertifi®, an industry-leading digital payments developer, to provide Vertifi’s […]

ICE Global Network Introduces Global Hardware Procurement and Managed Services Solution thumbnail

ICE Global Network Introduces Global Hardware Procurement and Managed Services Solution

Collaboration with Techary provides ICE Global Network customers with hardware procurement, management and additional support ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of its global procurement and managed services solution with Techary, a leading provider of global technology solutions. […]

Praxent Supports NEWITY in Delivering Affordable Loan Options and Comprehensive Business Services to Small Businesses thumbnail

Praxent Supports NEWITY in Delivering Affordable Loan Options and Comprehensive Business Services to Small Businesses

Praxent helps fintech revamp borrower dashboard and expand self-service options AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, today announced that it has partnered with NEWITY, a business service marketplace provider. Praxent is helping NEWITY transform from a loan purchaser and servicer to delivering a fully integrated technology platform that offers […]

NuMark Credit Union Selects Scienaptic’s Credit Decisioning Platform thumbnail

NuMark Credit Union Selects Scienaptic’s Credit Decisioning Platform

Platform deployment aims to significantly improve ‘look-to-book’ and automated decisions NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that NuMark Credit Union has chosen its AI-based underwriting platform to provide enhanced and faster credit decisions to its members. NuMark Credit Union has a long history of treating its members like […]

Counterpart Raises $30 Million to Expand its Small Business Management Liability Insurance Platform thumbnail

Counterpart Raises $30 Million to Expand its Small Business Management Liability Insurance Platform

 Introduces new API for brokers, while bolstering suite of insurance products and HR services LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and Reddit. Prior investors also participated in […]

AnalytixInsight Announces Morningstar Research and Market Data for InvestoPro; GEMINA Platform Now Utilized by Two European Banks thumbnail

AnalytixInsight Announces Morningstar Research and Market Data for InvestoPro; GEMINA Platform Now Utilized by Two European Banks

TORONTO–(BUSINESS WIRE)–$ALY.V #FinTech–AnalytixInsight (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), a financial content and enterprise software solutions provider, announces that as part of the recently-launched Morningstar Global Market initiative, Morningstar’s wide-ranging financial research information and market data will now be available on InvestoPro, the digital online stock trading platform launched by MarketWall and Intesa […]

Payfare Announces the Next Phase of Growth and Upcoming Investor Day thumbnail

Payfare Announces the Next Phase of Growth and Upcoming Investor Day

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (“Payfare” or the “Company”) (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced the next phase of its growth with the Paid Platform, an industry first payout solution for gig workforces of any size. Expected to launch in Q2 2022, the Paid […]

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