Business Wire


MDT Expands Partnership with Advanced Fraud Solutions to Help Credit Unions Comply with WEB Debit Account Validation Rule

CUSO to offer TrueACH with Account Validation and TrueCards to better prevent fraud 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 it has expanded its partnership with Advanced Fraud Solutions […]

Northern Credit Union Now Live on Scienaptic’s AI-Powered Credit Decisioning Platform

More member approvals and better member experience for auto and loan portfolios NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that deployment of its platform at Northern Credit Union is now live. This deployment will enhance and augment Northern Credit Union’s credit decisioning and underwriting capabilities for new and prospective members. […]

BitNile Holdings Achieves Bitcoin Mining Production Milestone of More Than One Bitcoin per Day

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on its Bitcoin production activity. As expected, the most recent delivery of the S19j Pro Antminers have been installed at our Michigan data center thereby increasing BitNile’s average daily mining production to more […]

Taxfyle Closes Over Subscribed $20M Series B Round With Fuel Venture Capital and IDC Ventures

New financing will further public API development, B2B sales team expansion and on-demand tax pro network recruiting and environment support MIAMI–(BUSINESS WIRE)–Taxfyle, the internet’s accounting workforce, has oversubscribed its $20M Series B financing round led by Fuel Venture Capital and IDC Ventures. As the company seeks to expand upon firm outsourcing opportunities across the U.S. […]

Intesa Sanpaolo Invests £40 Million into Thought Machine and Selects Vault to Power New Digital Banking Platform

LONDON & TURIN, Italy–(BUSINESS WIRE)–Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has made a £40 million investment in Thought Machine […]

EMQ Delivers Real-Time Payments Across South Asia

Enables our customers with fast, transparent and seamless international payments to bank accounts in Nepal and India SINGAPORE & MUMBAI, India–(BUSINESS WIRE)–#London–Global payments network EMQ today announced that it has significantly augmented its real-time cross-border payments across South Asia, including direct access to Nepal and India’s Immediate Payment Service (IMPS), with Unified Payments Interface (UPI) […]

SHAZAM Announces DocuCommand Document Management System

DES MOINES, Iowa–(BUSINESS WIRE)–SHAZAM, Inc., a provider of financial services to community banks and credit unions nationwide, is proud to offer DocuCommand™, an advanced, enterprise-wide document scanning, archiving, retrieval and management system. Whether working from multiple desktops, in the office or remote, users can access the information they need — anytime, anywhere. DocuCommand stores all […]

i2c Partners with Qatari Fintech Startup KARTY to Launch Digital Visa Wallet

Global issuer processor enables suite of next-gen payment and budgeting solutions REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country. Leveraging i2c’s […]

Esker and Corpay Team Up to Offer Business Payments

Partnership enables Corpay payment via Esker Pay integrated into Esker’s automation solutions LYON, France, & MIDDLETON, Wis.–(BUSINESS WIRE)–Esker, a global cloud platform and leader in AI-driven process automation solutions for finance and customer service functions, today announced a strategic partnership with Corpay1, a leading AP payment solutions provider, to integrate additional business payment options within […]

Performance Marketing Agency Envisionit Launches Crue, a Dedicated Team Specialized in Acquiring Customers for Fintech Organizations

Crue reflects Envisionit’s 11-year commitment in growing fintech businesses with media, organic and creative solutions. CHICAGO–(BUSINESS WIRE)–#altlendingmarketing–Performance marketing agency Envisionit today launched a new division called Crue — delivering strategic media, content and creative solutions for fintech businesses. The newly formed Crue builds on Envisionit’s 20+ years as a digital marketing agency, with over a […]

The City of Hagerstown Partners with InvoiceCloud to Launch New Online Payment System

The portal will give residents enhanced options to pay bills online or via text HAGERSTOWN, Md. & BOSTON–(BUSINESS WIRE)–The City of Hagerstown, MD, has partnered with InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online billing and payments, to launch an enhanced digital payment portal for over 40,000 Hagerstown residents. The new payment portal, powered by […]

Rêv Launches Multi-Currency Digital Wallet App for Itaú Private Bank Customers

Global Fintech Provider Develops Payment Program With Mastercard Debit Card Acceptance and Real Time Currency Exchange for Itaú Private Bank Customers Looking to Transact in Foreign Currencies AUSTIN, Texas & SÃO PAULO–(BUSINESS WIRE)–#applepay—Today, Rêv Worldwide, Inc. (“Rêv”), a payment products innovations company, announced a partnership with Banco Itaú International with the official launch of the […]

Bitrise Expands Its Asian Footprint with Physical Presence in Japan

With Clients Including Rakuten, DeNa and Eureka, the Mobile DevOps Company Broke Into the Japanese Market Without a Local Presence; Now It’s Expanding to Meet Growing Demand SAN FRANCISCO–(BUSINESS WIRE)–Bitrise, the Mobile DevOps company whose platform maximizes the overall business impact of apps for the world’s most sophisticated mobile organizations, today announced its physical expansion […]

Portfolio Advisors Selects Canoe Intelligence and Exchangelodge to Automate Alternatives Data Management

The combination of Canoe Intelligence for document retrieval and data extraction technology and Exchangelodge as a data validation and integration platform supports Portfolio Advisors’ vision for automating alternatives data management. NEW YORK–(BUSINESS WIRE)–Canoe Intelligence, a financial technology company redefining data management processes for alternative investors and allocators, and Exchangelodge, a data integration platform built for […]

ICE Benchmark Administration launches Beta ICE Term SOFR Reference Rates

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched an indicative, Beta version of its ICE Term SOFR Reference Rates. The Beta ICE Term SOFR Reference Rates (“ICE Term SOFR”) are designed to measure expected (i.e. forward-looking) SOFR rates […]

‘Bridge by BNP Paribas’ to Provide Digital Capital Introduction Services for Institutional Investors

Strengthens and widens the bank’s capital introduction offering and the range of innovative Prime Services solutions BNP Paribas offers to institutional investors globally NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–BNP Paribas, Europe’s leading financial institution, today announces the launch of ‘Bridge by BNP Paribas’ – the bank’s digital capital introduction platform, offered exclusively to […]

BitNile Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers in Exclusive Bel Air Shopping Center

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has partnered with The Glen Centre, in Los Angeles, Calif. to expand the property’s electric vehicle charging capabilities for its thousands of annual visitors. The electrification […]

Announcing Fyncr, the First All-in-One Credit Card Bill Payments Mobile App

FinTech Startup launches first-ever mobile app providing a one stop solution for credit card bill payments, reward earning and spending marketplace NEW YORK–(BUSINESS WIRE)–#creditcards–Remove the pressure of paying multiple credit card bills on different banking platforms with Fyncr, the first all-in-one-card bill payment mobile application in the United States that aims to help people better […]

Temenos Helps Challenger Banks Go Live in Weeks With New Banking Services on the Temenos Banking Cloud

Over 70 challenger banks select Temenos Banking Cloud as their platform of choice GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks. These services can be deployed rapidly on the Temenos Banking Cloud, accelerating challengers’ time-to-market with innovative products […]

SumUp to Use Worldpay from FIS to Support Global Expansion and Growth

Worldpay from FIS selected by SumUp to provide global acquiring services. SumUp will utilise Worldpay’s scale to support continued global expansion. LONDON–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has today announced that global fintech SumUp will use Worldpay’s merchant solutions portfolio, as the Europe-based fintech leader continues its global expansion. London-based SumUp supports over 3.5 […]

Thoughtworks Selected by Standard Chartered to Expand and Transform Digital Banking Services for Customers Globally

A multi-year program to develop a new cloud-based strategy and build future ready infrastructure for retail and wealth customers worldwide SINGAPORE–(BUSINESS WIRE)–Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced that it has been selected by international banking group Standard Chartered as the partner to […]

North Dakota Growth Fund Adds Two Investments

Investments Now at $22.5 Million FARGO, N.D.–(BUSINESS WIRE)–50 South Capital Advisors, LLC, the general partner of the recently-formed North Dakota Growth Fund, is pleased to announce the fund’s most recent investments: LongWater Opportunities, a leading lower middle market private equity firm with offices in Fargo as well as Dallas, Texas; and Homegrown Capital, an early […]

Edmond Walters Joins YieldX Board of Advisors

Walters brings decades of wealth management industry experience that will help shape the future of YieldX’s disruptive fintech and investment management platform MIAMI–(BUSINESS WIRE)–#AdamGreen—YieldX, the fintech company reimagining income investing, welcomes the Founder of eMoney Advisor and Apprise Labs, LLC, Edmond Walters, to its board of advisors. A renowned innovator in financial advisor technology who […]

CLARA Analytics Launches AI Initiative for Claims Management With Nationwide

COLUMBUS, Ohio & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”) has announced it will partner with Nationwide to provide the leading artificial intelligence (AI) technology in the commercial insurance industry for a new program aimed at improving workers’ compensation claims operations using AI. Nationwide will implement CLARA’s Triage and Treatment solutions, which use AI and advanced […]

Clik2pay Boosts Capabilities with the Launch of Mobile App for Small Businesses

New app provides a simple and inexpensive way to request, receive and track payments TORONTO–(BUSINESS WIRE)–Payment service provider Clik2pay continues to add to its feature set with the launch of the new Clik2pay mobile app. This first-of-its-kind product allows merchants to collect funds from consumers, who can pay easily and securely online directly from their […]

 XTM Signs Iconic Art & Hospitality Brand Drake Hotel to Its Today™ Program Digital Payout Solution

 Legendary Drake Hotel Properties, an arts-infatuated hospitality brand, re-opens dining with efficiency, energy and a big buzz. XTM also welcomes Drake Devonshire and Motor Inn located in Prince Edward County and Drake One Fifty in Toronto’s financial district. MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami […]

Paving the Way to Expert Investment Guidance for All

Pave launches Pave Finance, the first institutional-quality, algorithmically driven financial advice app available to all investors NEW YORK–(BUSINESS WIRE)–Pave, a financial technology company, is pleased to announce the launch of its new financial advisory app, Pave Finance: the first institutional-quality, algorithmically-driven financial advice app available to all investors for a low monthly fee. Pave is […]

EMTECH Announces First Digital Regulatory Platform for Central Banks and Fintechs Built to Usher in the Age of Regulatory Innovation for the Digital Currency Era

Unlocking Unprecedented Value by Modernizing Central Banking for the Web3 Era NEW YORK–(BUSINESS WIRE)–#centralbank—EMTECH, the modern worldwide provider of central banking digital infrastructure, today announced it has launched the first multi-country and multi-regulator solution for central banks, financial regulators and Fintech solution providers, the EMTECH Digital Regulatory Platform (DRP). The DRP is a groundbreaking solution […]

Payfare Enhances Digital Banking Solution with the Addition of Early Direct Deposit

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced an enhancement to its digital banking solution with the addition of early direct deposit. Payfare, who partners with some of the world’s largest gig platforms, already offers U.S. based users instant access to […]

CCC Acquires Insurtech Safekeep

Acquisition of AI leader helps to advance CCC’s vision for straight-through processing across the claims lifecycle Safekeep is a leading enterprise platform digitizing subrogation across P&C insurance lines of business CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions (CCC), a leading SaaS platform for the P&C insurance economy, announces it has acquired Safekeep, an AI leader in subrogation claims […]

Pagaya Partners With Ally to Expand Access to More Customers

The company is partnering with Ally Financial and its Card products, to expand credit access NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pagaya, a financial technology company that enables financial institutions to expand access to more customers through its artificial intelligence (AI) network, today announced its new partnership with Ally Financial’s credit card business (formerly Fair […]

Greenlight and Ty Burrell Team up to Shine a Light on Financial Literacy During the Big Game With New Ad Campaign

Leading family fintech company unveils first-ever Big Game commercial titled “I’ll Take It” ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the family fintech company on a mission to help parents raise financially-smart kids, today announced its Big Game debut with a new ad campaign starring Emmy®-winning actor and comedian Ty Burrell. The campaign shines a light […]

Singapore FinTech STACS Partners CSOP Asset Management as Blockchain Platform Provider for OTC Derivatives Trade Processing

Platform eliminates and streamlines bespoke trade matching parameters, resolving trade exceptions in real-time for asset managers SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management Pte. Ltd. (‘CSOP’) and leading Singapore FinTech firm, Hashstacs Pte Ltd (‘STACS’) today announced the completion of their Over-the-Counter (‘OTC’) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (‘DLT’)-based platform, Vetta. […]

Clikalia Raises Euro 75 Million in Financing Round Co-led by Softbank Vision Fund 2 and Fifth Wall

Series C-1 funding will accelerate Clikalia’s growth across Europe and Mexico MADRID–(BUSINESS WIRE)–Clikalia, one of Europe’s leading real estate platforms, today announced the successful close of its Series C-1 funding round co-led by SoftBank Vision Fund 2 and Fifth Wall, with participation from existing investors Luxor Capital and Guillaume Pousaz. Proceeds from the round will […]

Cambridge Savings Bank Provides TransCOR Information Technologies With Custom Lending Solution to Complete Business Succession Plan

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies’ business succession plan. Retiring from his post as president, TransCOR’s founder recently sold the company to long-time employee, Derek […]

Andersen Global Strengthens Foothold in the British Virgin Islands

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Following its recent expansion into the British Virgin Islands (BVI), Andersen Global adds dimension to its platform in the territory with collaborating firm Chorus International Services (BVI) Limited (Chorus-Global). Founded in 2019, Chorus-Global is a financial services provider specializing in the delivery of select corporate, fiduciary, governance, regulatory and fintech services from the […]

American Public Life Expands Relationship with FINEOS to Significantly Advance Data Transformation with Employee Benefit Administrators

The FINEOS Engage Smart Connectors empower and simplify the digital transformation of data, reducing manual effort and errors while dramatically increasing operational efficiencies ATLANTA–(BUSINESS WIRE)–#APL—FINEOS Corporation (ASX:FCL) today announced that American Public Life Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested again in the FINEOS Platform by licensing FINEOS Engage Smart […]

Global Rewards Taps Galileo Financial Technologies to Scale B2B Payments

SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, the leading global financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that business-to-business payments innovator Global Rewards is using Galileo’s cloud-based technology platform and powerful APIs to usher in a new era of growth for the company. Global Rewards, which is on […]

New York City Improves Access for Customers with Self-Service Payment Technology at Business Centers

The Department of Finance is working with government technology company CityBase to provide accessible payment kiosks at Queens and Bronx Business Centers NEW YORK–(BUSINESS WIRE)–#NYC–The New York City Department of Finance today announced the availability of self-service payment options for customers paying in person at its business centers in the Bronx and Queens. The Department […]

Global Rewards Partners with The Bancorp to Advance the Offerings of its Corporate Spend Platform

LAKEWOOD, N.J.–(BUSINESS WIRE)–#fintech–Global Rewards, a leading financial technology company serving businesses of all sizes, is pleased to announce a newly-formed partnership with The Bancorp, Inc. (NASDAQ:TBBK) and its subsidiary The Bancorp Bank. This collaboration allows Global Rewards to continue its mission to simplify corporate disbursement and employee spend and comes at a time when businesses […]