Business Wire


FIS Named Best Performing Payments Gateway by The Strawhecker Group in its 2022 Real Transaction Metrics Awards

Key facts: The FIS Express gateway received first place for Best Performing Gateway, as well as runner-up for Fastest Transactions and Lowest Gateway Minute Outage in North America. FIS received the award for its exceptional performance across transaction and gateway check benchmarks.   JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) announced today that FIS […]

Leading Technology Players Join Mastercard Send Partner Program to Drive Innovation in Digital Payments for Customers

Mastercard Send enables people and organizations to send and receive money in real-time, at home and abroad The Mastercard Send Partner Program provides industry leaders and tech enablers with tools and support to drive innovation to meet evolving consumer expectations for speed, choice and security in real-time digital payments Members of the program will be […]

Pyramid Analytics and Profit Software Partner to Bring Decision Intelligence – the Next Wave in Analytics and BI (ABI) – to the Nordics

Agreement Expands Pyramid’s Presence in Scandinavia and Financial Services Sector LONDON & ESPOO, Finland–(BUSINESS WIRE)–#analyticsplatform—Pyramid Analytics, developer of the award-winning Pyramid Decision Intelligence Platform, signed a partnership agreement with Profit Software, an independent software and consultancy services vendor focusing on banks and insurance companies, to resell, implement, and support the Pyramid Decision Intelligence Platform. The […]

At-Bay Partners With Cloudflare to Provide Insurance Customers 3 Free Months of Cloudflare Pro

New offering part of ongoing collaboration to help businesses manage cyber risk SAN FRANCISCO–(BUSINESS WIRE)–#cloudflare—At-Bay, the cyber insurance provider for the digital age, today announced it will provide three free months of services from Cloudflare, Inc. (NYSE: NET) to existing insurance customers to help strengthen their security. Cloudflare’s web application firewall (WAF) is an effective […]

Introducing the Creci Impact Investing Platform, Bringing Impact Investing to the Mainstream, Supporting the Work of Companies Focused on Sustainability

With as little as $10, U.S. investors are now able to financially support growing impact businesses and entrepreneurs in the Americas while receiving competitive fixed return of 5% on SEC-qualified offering of Creci Notes Creci brings successful track record powering sustainable financing approaches in Latin America NEW YORK–(BUSINESS WIRE)–Investors interested in the twin goals of […]

Wine Investment Platform Vint Releases Three NFTs on Behalf of Emmitt-Scorsone for Auction

The First Sonoma-Based NFT Collection Features Rare Judge Palmer Cabernet Sauvignons and Offers Rights to Wine Sourced from Renowned Beckstoffer Vineyards RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC-qualified, fully transparent, efficient platform for wine and spirits investing, today announced the release of three individual non-fungible tokens (NFTs) in collaboration with Emmitt-Scorsone, producer of Judge Palmer, Domenica […]

Telstra Ventures Delivers New Insights Revealing VC Investment Flood into Blockchain, US Emerging Tech Hubs

Blockchain VC Investments Skyrocket, Miami plants flag as Crypto Hub Miami, Houston, Washington, DC and Philadelphia Emerge as Tech Hubs with Largest VC Investment Growth Percentage in the Past Year SAN FRANCISCO–(BUSINESS WIRE)–Telstra Ventures, a strategic growth investor in lighthouse technology companies, today publishes its second “Tech’s Great Migration: Insights to Emerging Tech Hubs Across […]

U.S. Bank, Payactiv Unveil New Earned Wage Access Solution for Employers

Employers who pay wages via U.S. Bank Focus Card can provide employees access to a portion of their earned income instantly MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank today announced a new solution with Payactiv to bring Earned Wage Access (EWA) to U.S. Bank clients. Employees at organizations that use the prepaid U.S. Bank Focus Card for payroll disbursements […]

Workato Announces First Annual Unstoppable Awards to Honor Extraordinary Enterprise Automation Achievements

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Workato, the leading Enterprise Automation platform, today announced the winners of its first annual Workato Unstoppable Awards. Established to recognize boundary-pushing automation efforts globally, the awards highlight business and IT teams that have achieved extraordinary outcomes with enterprise automation. Winners include: Kaiser Permanente, Belcorp, SAP, Pure Storage, TalentReef, Atlassian, Snyk, Rapid7, Adevinta, […]

Sputnik ATX, Austin-Based Venture Capital Fund Announces Its Winter 2022 Cohort

Five Elite Startups Selected From Global Applicant Pool Will Relocate Headquarters to Austin, Texas AUSTIN, Texas–(BUSINESS WIRE)–Sputnik ATX, an Austin, Texas based venture capital fund that backs early-stage startups solving big problems, announced the selection of its newest cohort for Winter 2022. Five companies were selected out of more than 700 strong applicants from across […]

Synctera Opens Liftoff Program, Unlocking More Potential for Neobank and FinTech Builders

Liftoff is the fastest and easiest way for FinTechs to launch in the industry SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a platform provider powering the future of FinTech innovation, today shared an update on its new program Liftoff which helps FinTech builders get bank partnerships and launch their products in weeks versus months. Unlocking financial innovation by solving […]

GoHenry 2022 Youth Economy Report Reveals New Earning Habits of Kids in the U.S.

Gen Z and Gen Alpha are finding innovative ways to earn more money, such as through online gaming, selling things online and investing in cryptocurrency One in four kids aspire to start their own business NEW YORK–(BUSINESS WIRE)–GoHenry, a pioneer in kids’ debit cards, money management, and financial education, today released their 2022 Youth Economy […]

Payrailz Provides Smarter, Faster Payments Through Alkami Digital Banking Platform

GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced that its payment services will now be available through the Alkami platform. Through this partnership, financial institutions on the Alkami platform will now be able to deliver Payrailz’ smarter and more engaging […]

Sentiment Analysis and Trading Analytics Firm Advanced Logic Analytics Has Secured Six-figure Funding From Accomplish Financial

LONDON–(BUSINESS WIRE)–#Hedgefund–Advanced Logic Analytics Ltd (ALA), is pleased to announce that it has secured six-figure funding from London-based fintech, Accomplish Financial Limited. Guy Raymond El Khoury, CEO of Accomplish Financial, stated: “Accomplish is very excited to support Advanced Logic Analytics on its quest to become the standard in sentiment analytics. ALA’s artificial intelligence expertise has […]

New Cloud Security Alliance Report Highlights Factors to Consider When Designing Blockchain Solutions That Operate Within Critical Sectors

Paper provides insights into the three layers of distributed ledger technology and how they interact with enterprise security services to deliver specific security outcomes SEATTLE–(BUSINESS WIRE)–#blockchain–The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today released the Blockchain/Distributed Ledger […]

ARCOS Names Odus Wittenburg as Its Next CEO, Succeeding Bruce Duff

COLUMBUS, Ohio–(BUSINESS WIRE)–ARCOS® LLC, the market leader for utility and critical infrastructure resource-management solutions, has named Odus “Boogie” Wittenburg – a veteran at building and leading fast-growing, innovative publicly traded and private technology firms – as the company’s CEO effective immediately. Wittenburg succeeds Bruce Duff who, after 10 years as CEO of ARCOS and 40 […]

Industry-First Laminar Cloud Data Security Platform Now Generally Available

Built on a major architectural breakthrough, the solution fills a major gap in the cloud security market by monitoring and protecting public cloud data – not just infrastructure TEL AVIV & NEW YORK–(BUSINESS WIRE)–#Laminar—Laminar, a public cloud data security provider, today announced the general availability of the Laminar Cloud Data Security Platform. While many cloud […]

XTM to Roll-Out 100,000 Mobile Wallets and Virtual Debit Cards Across the United States

XTM Will Deliver Partner Payroll Recipients With Mobile Wallet, Opt-In Virtual Debit Card and Portal Access to W2s MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to […]

UK FinTech Storfund Hires Amazon Executive To Drive Expansion

As the business expands to major marketplaces worldwide, Storfund has made several market leading hires LONDON–(BUSINESS WIRE)–Increasing recognition that ecommerce has a cashflow problem has seen Storfund expand to new marketplaces – and embark on a hiring spree. Storfund, a leading UK fintech, offers retailers immediate payment on sales, eliminating the long wait for payment […]

Stronghold Launches $100 Million Investment Fund

Stronghold Capital’s investments will expand founder representation and access in fintech innovation SAN FRANCISCO–(BUSINESS WIRE)–Stronghold, a payments and financial infrastructure company, has launched Stronghold Capital to invest $100 Million in pioneering companies and funds across three core areas: overlooked and underrepresented founders and fund managers, the payments and fintech ecosystem, and the Web3 and blockchain […]

EML Reports Record GDV Of $31.6BN And Revenues Of $114.4M For The First Half Of FY22

Group Gross Debit Volume of $31.6 billion, up 209% on PCP; Group Revenue1 of $114.4 million, up 20% on PCP; Group Underlying EBITDA2 of $26.9 million, down 4% on PCP; Group Underlying NPATA of $13.1 million, up 6% on PCP; Underlying operating cash inflows of $14.7 million, down 58% on PCP due to timing of […]

Western Union Expands in South Korea with Travel Wallet

Collaboration will Enable Customers to Send and Receive Western Union Money Transfers on the Travel Wallet app SEOUL, South Korea–(BUSINESS WIRE)–Western Union, a global leader in cross-border, cross-currency money movement and payments, and Travel Wallet, one of the leading fintech companies in the country, have announced the launch of Western Union money transfer services on […]

Central Minnesota Credit Union to Become Magnifi Financial

Name and visual identity change reflects expanding business, customer focus MELROSE, Minn.–(BUSINESS WIRE)–Central Minnesota Credit Union (CMCU), a member-owned financial services cooperative, announced that it is changing its name to Magnifi Financial, effective March 1. As part of the transition, CMCU will unveil a new visual identity, including logo, signage, website and advertising. Magnifi Financial […]

SIMON Announces Strategic Investment from Citi

Citi is the latest market participant to make a strategic investment in SIMON, deepening the partnership between the two firms NEW YORK–(BUSINESS WIRE)–#FinTech—SIMON Markets LLC (SIMON), a fintech company that offers an end-to-end digital suite of tools to help financial professionals understand, manage, and analyze complex alternative investment products, today announced Citi as its latest […]

Altada Continues Momentum in Market for Data-Driven Decision Making

Ireland’s Leader in AI Builds U.S. Presence With San Francisco Location as Global Demand for Its Fintech, Travel/Security and Healthcare Solutions Grows CORK, Ireland & NEW YORK–(BUSINESS WIRE)–Altada Technology Solutions, a global provider of artificial intelligence (AI) solutions that supercharge data-driven decision making in the financial services, travel/security and healthcare sectors, today announced its recent […]

tastytrade Podcast Host and Research Analyst, Ms. Julia Spina, Pens “The Unlucky Investor’s Guide to Options Trading”

The Unlucky Investor’s Guide to Options Trading shares the fundamentals of applied options trading to empower ambitious traders–minimal luck needed Published by Wiley, this approachable and actionable guide to options trading is available for pre-order now and is set to release on February 23rd CHICAGO–(BUSINESS WIRE)–#optionstrading–New opportunities for retail investors to engage with the market […]

Skience Launches New Surveillance Solution

National network Lion Street will be first adopter of the configurable platform that allows easy collaboration along with quick and seamless regulatory adaption HERNDON, Va. & AUSTIN, Texas–(BUSINESS WIRE)–#Clearing—Skience, a leading financial services solution and consulting provider, has debuted its brand-new Surveillance Solution, a tool that allows firms to define approval and exception workflows that […]

Galileo’s Technology Powers H&R Block’s New Mobile Banking App, Spruce

Full-suite app leverages Galileo’s powerful financial technology platform and flexible APIs to create seamless digital banking experiences for customers SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Spruce℠, the mobile banking platform1 built by […]

Autonomous Commerce Leader JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio

JAGGAER Pay Enhances Source-to-Pay Offering with Automated Accounts Payable Solution RESEARCH TRIANGLE, N.C. & ORLANDO, Fla.–(BUSINESS WIRE)–JAGGAER, the global leader in Autonomous Commerce, and Finexio, the fast-growing digital Accounts Payable (AP) payments-as-a-service company, today announced a strategic partnership that expands JAGGAER’s offerings to include a service-centric solution to simplify and optimize business-to-business (B2B) payments. Branded […]

Fortanix Reports Stellar Year with Record Sales and Customer Wins

Confidential Computing leader fuels growth with powerful new offerings and strategic partnerships, including investment from In-Q-Tel MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security™ company, today announced another record year for sales, customer wins and workforce expansion. During the fiscal year ended Jan 31, 2022, Fortanix sales grew 2.5X, the number of customers doubled, […]

Morgan Stanley Selects 8 Startups for 7th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

The Winter 2022 Multicultural Innovation Lab (MCIL) Cohort includes the following companies that have innovative strategies across sectors such as fintech, education, energy, ecommerce, behavioral health and software: BrandXR, Cognitive Talent Solutions, Lab4U, Meytier, Notice Ninja, OPTT, Sesame Solar and TIDY App MCIL portfolio companies reach more than $515M combined valuation and have raised over […]

Boost Insurance Powers First and Only Crypto Wallet Insurance Product for Retail Investors

Breach Insurance leveraged Boost’s infrastructure-as-a-service platform to develop the only crypto insurance product available to retail wallet holders NEW YORK–(BUSINESS WIRE)–Boost Insurance (“Boost”) alongside go-to-market partner, Breach Insurance (“Breach”), an insurtech that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, the first insurance product for […]

Rocket Financial Inc. Selects Scienaptic’s AI-Powered Platform For RocketBNK

NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK. Rocket Financial delivers technology-led products and services that directly innovate within the payments and banking markets. The company’s latest product, RocketBNK, serves a variety of financial features such […]

Kyriba Selected by Barilla to Provide a Global Working Capital, Treasury and Risk Management Platform

SAN DIEGO & MILAN–(BUSINESS WIRE)–Kyriba (“the Company”), a global leader in cloud treasury, payments and finance solutions, today announced that Barilla, a leading global food company, has selected the Company’s Enterprise Liquidity Management platform to support its treasury, risk management and supply chain finance operations. The integration will centralize Barilla’s multiple supply chain finance programs […]

Hildred Capital Management Closes Hildred Equity Partners II Fund at $363 Million

Oversubscribed Debut Institutional Fund Reinforces Hildred’s Commitment to Healthcare Middle Market NEW YORK–(BUSINESS WIRE)–Hildred Capital Management LLC (“Hildred”), a New York based private equity firm, today announced that it has closed its first institutional fund, Hildred Equity Partners II (the “Fund”) with total commitments of $362.5 million, exceeding its target. Hildred will continue to focus […]

MOCA Financial Enhances Its Digital-First NextGen Card-Based Payment Platform With Atomic’s Automated Direct Deposit Acquisition Solution

MOCA clients can now provide a seamless, easy method for their customers to switch their payroll direct deposits to their client-branded MOCA accounts and get paid up to 2 days early AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a Digital-First Next-Generation Card-Based Payment Platform provider, is pleased to announce that it has partnered with Atomic to provide automated direct […]

Akur8 Teams up With Pet Health Unicorn Bought By Many / ManyPets

PARIS & NEW YORK & LONDON–(BUSINESS WIRE)–Akur8 is pleased to announce the collaboration with pet health and insurance company Bought By Many to help boost the insurtech’s pricing capabilities. Through the partnership, Akur8 reinforces its presence in the UK, and further expands its area of expertise with a new line of business: pet health and […]

IMM Accelerating Digital Transformation into 2022

It’s a new year, and IMM is still the number one eSignature partner for financial institutions RAHWAY, N.J.–(BUSINESS WIRE)–#banks—IMM, the only eSignature provider specializing in eSignature and digital transaction solutions exclusively for financial institutions (FIs), announced today more than 1,600 FIs now use IMM’s products and solutions for eSignatures, which reflects a growth in the […]

Mastercard Expands Consulting with Practices Dedicated to Crypto, Open Banking and ESG

PURCHASE, N.Y.–(BUSINESS WIRE)–#consulting–The business world is facing an influx of innovation: changing consumer preferences, rapid digital transformation and geopolitical shifts. To help businesses evolve and supercharge their growth enterprise-wide, Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and […]

Sharegain Accelerates Global Growth by Raising a $64 Million Series B Led by WestCap

Sharegain is democratizing the $3T securities lending industry with its SLaaS (Securities Lending as a Service) solution LONDON–(BUSINESS WIRE)–#capitalmarkets—Sharegain, a leading capital markets infrastructure fintech, today announced it has raised $64 million in a series B round led by WestCap and joined by Citi, EJF Capital LLC and Optiver PSI. Participating existing investors include Maverick […]