Key facts FIS has been rated by Chartis as a category leader among vendors that provide insurance risk solutions for IFRS 17 and LDTI compliance. FIS ranked best-in-class for completeness of offering and market potential. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has been named a category leader by leading industry research firm Chartis […]
Challenger Bank Now On Track To Sign Up 1MM Customers By End of 2020 LOS ANGELES–(BUSINESS WIRE)–Dave, the challenger bank on a mission to put financial minds at ease, today announced an exclusive agreement with Mastercard to power its debit cards as well as new growth figures for its digital banking feature. The news comes […]
OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, David Blades, associate director, and Maxwell Gilberg, associate analyst, both of AM Best, said U.S. automobile insurers experienced improved underwriting results in recent years and have reacted quickly to dramatic swings in driving patterns caused by pandemic-related shutdowns. Click on http://www.ambest.com/v.asp?v=ambpersonalauto720 to view the entire program “In 2018 […]
OMAHA, Neb.–(BUSINESS WIRE)–With more than 50 percent of employees saying they worry about their personal finances while at work*, financial stress can be a distraction leading to loss of productivity. Understandably, that’s a concern for employers. Mutual of Omaha is now offering resources for employers who want to help their employees improve their financial wellness. […]
Restaurants and gas stations added as redemption categories for Discover it® Miles cardmembers RIVERWOODS, Ill.–(BUSINESS WIRE)–As COVID-19 reshapes what travel looks like now and in the future, Discover today announced a permanent change to its travel credit card that offers cardmembers more flexibility, value and ways to redeem rewards. Discover it® Miles cardmembers can redeem […]
LONDON–(BUSINESS WIRE)–#myPOS–The European company, myPOS, specialised in offering affordable payments technology to SMEs, has launched a new series of premium cards for its customers: the myPOS Visa Platinum Metal Card and myPOS Visa Platinum Silver & Gold Card. The offering includes a range of benefits such as a LoungeKey pass to over 1000 airport business […]
AUSTIN, Texas–(BUSINESS WIRE)–#autoloan—Kasasa®, an award-winning financial technology and marketing provider, has partnered with Open Lending (NASDAQ: LPRO), a leading provider of lending enablement and risk analytics solutions to financial institutions, to bring a higher level of assurance and reduced risk to the lending process. Together, Kasasa and Open Lending will provide community financial institutions the […]
With Temenos technology, Orange Bank Africa provides innovative digital banking services in West Africa Temenos Transact, delivered as SaaS, powers Orange Bank Africa’s launch in the West African Economic and Monetary Union (WAEMU) region and supports financial inclusion Temenos’ elastic SaaS technology will help Orange Bank Africa scale to meet the surge in digital banking […]
NEW YORK & LONDON–(BUSINESS WIRE)–#colocation–Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced successful connectivity to production trading and test services B3 – Brasil Bolsa Balcão in São Paulo, Brazil. Options’ clients can now access and trade Commodity Derivatives, Derivatives, Equities and Indices products at this top tier exchange […]
ATLANTA–(BUSINESS WIRE)–Real estate entrepreneur Michael Gilmore recently made history through his proptech, fintech, and consumertech company as only the second African American-owned business to qualify as a Regulation A+ Tier II, pre-IPO real estate crowdfund. Gilmore Homes – Gilmore Loans, LLC is now selling $50,000,000 in securities through its escrow and transfer agent, Securities Transfer […]
BELLEVUE, Wash.–(BUSINESS WIRE)–Today Dragonchain announced the spin-off of Dragon Factor technology to a new entity, MyFii, to launch a new and improved decentralized identity solution called Factor™. The groundbreaking decentralized identity technology initially developed by Dragonchain has been operational for over two years and has seen recent customer adoption with healthcare, fintech, and social media. […]
Company launches feature-rich mobile app to make digital banking easier than ever before SANTA MONICA, Calif.–(BUSINESS WIRE)–HMBradley, the digital banking platform built to reward savers, today announced that its new HMBradley rewards credit card has arrived, offering consumers 3% cashback for purchases in their highest spending category, 2% for the next highest category, and 1% […]
NEW YORK–(BUSINESS WIRE)–tZERO, a leader in financial innovation and liquidity for private companies, announced today that it has entered into a partnership with Aspen Digital Inc. to enable its digital security (ASPEN) to trade on the tZERO ATS. The ASPEN shares represent $18 million of indirect ownership in the St. Regis Aspen Resort, a five-star, […]
BCS CriticalCare™ Is Mobile Adaptation of BCS’s Leading Data Center Operations Model DALLAS–(BUSINESS WIRE)–#criticalfacilities–BCS, one of the nation’s fastest growing data center operations providers, is announcing the introduction of BCS CriticalCare™ in response to growing demand for a mobile version of the company’s current 24/7 onsite data center facility management solutions. CriticalCare leverages core elements […]
PEABODY, Mass.–(BUSINESS WIRE)–eMaxx today announced that the eCaptiv programs surpassed the 100th Member mark and recognized MacFarlane Energy as the 100th Member. MacFarlane Energy, a Greater Boston, Massachusetts based company, specializes in providing home heating oil delivery, energy efficient system design and installation along with air conditioning and heating equipment services. “We are glad to […]
NEW YORK, LONDON, & PARIS–(BUSINESS WIRE)–#fintech–Emerging Market Media (EMM) today announced it has fully implemented Audio Articles by speechkit.io on its flagship editorial product, Emerging Market Views. London-based speechkit.io has worked with EMM to customize and formally integrate Audio Articles. The result is crystal clear, like-human audio that now accompanies all editorial items–news, analysis, and […]
Company Closes $150 Million Series E Funding Round, Bringing Total Raised to $359 Million PALO ALTO, Calif.–(BUSINESS WIRE)–#fundingnews—Hippo, the high-growth insurtech group that’s transforming home insurance, has proven that a deep focus on customer experience can transform an industry and drive growth. Hippo Enterprises closed $150 million in Series E funding, valuing its business at […]
Mobile rewards app users may now pay and earn rewards at new locations and online ATLANTA–(BUSINESS WIRE)–Sionic Mobile is proud to announce it is adding seven restaurant brand concepts to its Mobile Rewards Marketplace via the new Mix It Up™ platform, including fan-favorite brands Auntie Anne’s®, Carvel®, Cinnabon®, Jamba®, McAlister’s Deli®, Moe’s Southwest Grill® and […]
Five thousand TrueMoney locations across the Philippines to provide Western Union Money Transfer Services MANILA, Philippines–(BUSINESS WIRE)–Western Union, a leader in cross-border, cross-currency money movement and payments, today announced a collaboration with TrueMoney, a leading financial services provider in the Philippines, enabling customers in the Philippines to receive money from their loved ones around the […]
INDIANAPOLIS–(BUSINESS WIRE)–#AgentFirst—Sharpen Technologies, developers of the agent-first omnichannel cloud contact center platform, experienced continued rapid growth in the first half of 2020, with a 236% increase in new bookings compared to the first half of 2019. Recent customer wins came from the mid-market and enterprise sectors and across multiple verticals, including retail, telecom, outsourcers, and […]
Platform Powered by Biz2Credit Automates Loan Forgiveness Application for Small Business Owners NEW YORK–(BUSINESS WIRE)–The American Institute of Certified Public Accountants (AICPA) and its business and technology arm, CPA.com, today announced the launch of a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who received funds […]
Wirex Becomes First Native Cryptocurrency Platform to Be Granted Principal Membership License PURCHASE, N.Y.–(BUSINESS WIRE)–Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies1, and an increasing number of merchants, digital players and financial institutions are exploring crypto payments. […]
OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Myles Gould, director, analytics, and Yuan Tian, senior financial analyst, both of AM Best, said that competition, poor pricing discipline and investments challenge the India non-life market. Click on http://www.ambest.com/v.asp?v=india620 to view the entire program. AM Best has a market segment outlook of negative on India’s non-life market. […]
Modern Cost Effective Payment Solutions for Healthcare Payers and Plan Administrators ATLANTA–(BUSINESS WIRE)–Medxoom, the Atlanta-based B2B Health Benefits Platform, announced today the release of a comprehensive Payments suite for Healthcare Payers and Plan Administrators. Medxoom’s Payments platform closes the gap between Healthcare Plan Members and Providers. Medxoom licenses its brandable platform to Healthcare Plans and […]
OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Jason Hopper, associate director, industry research and analytics of AM Best, said that insurers have increased their private equity holdings by 10% year over year to $81 billion in 2019. Click on http://www.ambest.com/v.asp?v=privateequity620 to view the entire program. Hopper said that insurers have been shifting more money to […]
Major product update creates an automated claims experience for enterprise multifamily operators MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the first and only nationwide A-rated lease insurance provider that totally eliminates security deposits, surety bonds, and guarantors in rental housing, today announced a major product release that deeply integrates into property software systems to make claims faster, […]
AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, are excited to announce a new payment integration agreement with Aderant for Expert clients. AffiniPay’s Custom Solutions Team, a branch of their engineering organization that works directly with individual law firms to discover and meet their unique payment needs, […]
Expands infrastructure powering ICHRA solutions for brokers and employers NEW YORK–(BUSINESS WIRE)–#HRA—Vericred, a data services company simplifying the exchange of health insurance and employee benefits information, today announced the immediate availability of its ICHRA Affordability Calculator API. This new functionality is an extension of Vericred’s ICHRA Development Kit, which enables HRtech and InsurTech companies to […]
Company Partners with MaxxContent to Reduce Recidivism through Education and Workforce Development NASHVILLE, Tenn.–(BUSINESS WIRE)–VendEngine, Inc., a leading software provider in the corrections industry, announced today that the company has partnered with MaxxContent to provide educational solutions across VendEngine’s software and hardware technologies for county, state and federal correctional facilities. The platform will provide educational […]
CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, and Trust & Will announced today a new strategic relationship to further help Fifth Third’s customers protect and secure their families’ financial future. Fifth Third customers will be able to prepare an estate plan online through Trust & Will in a matter of minutes and will have access to […]
Companies Integrate CPI®’s Card@Once® with Prodigy’s Core System to Streamline Instant Issuance LITTLETON, Colo.–(BUSINESS WIRE)–CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Prodigy, a Salt Lake City-based Credit Union Service Organization (CUSO) and […]
Wire-free installation Installed in less than 15 minutes Suitable for a wide variety of vehicle brands and models Continuous operation even in the absence of GSM coverage No interference with the manufacturers on-board technology More efficient rental process ROME–(BUSINESS WIRE)–#carsharing–OCTO Telematics has extended its range of services to combine the needs of fleet managers, carsharing […]
Nonprofit Fintech Lender receives donations from Signature Bank and TMC Financing to Fuel Local Grant Program in Support of Bay Area- and Los Angeles-based Small Businesses OAKLAND, Calif.–(BUSINESS WIRE)–TMC Community Capital, a new nonprofit fintech lender focused on lending to women entrepreneurs in California, announced today the launch of its Small Business, Big Heart Grant […]
FORT WORTH, Texas–(BUSINESS WIRE)–Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today a new partnership between its Rise brand and SpringFour, a social impact fintech company. Under the partnership, all Rise customers will gain access to SpringFour’s database of trusted local, state and national […]
OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Michelle Baurkot, director, and Chris Draghi, senior financial analyst, both of AM Best, said that Florida writers struggled to turn a 2019 underwriting profit even with the absence of a major hurricane. Click on http://www.ambest.com/v.asp?v=ambfloridareport720 to view the entire program. Prior to the COVID-19 pandemic, Florida’s personal property […]
ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial and Temenos, the banking software company, have joined forces to create a real-time, integrated solution to make it easier and more efficient for credit unions to manage their members’ credit protection claims. Securian Financial has offered credit protection products through credit unions since 1951. The products include debt protection and […]
Big data analytics experts at Quantzig reveal hidden opportunities and patterns that can be used in agriculture to get better yields A detailed analysis by Quantzig helped reveal that food companies that leverage big data analytics can increase their profit margins by gaining actionable insights into processing and transportation of food LONDON–(BUSINESS WIRE)–#BigData–Quantzig, a leader […]
LONDON–(BUSINESS WIRE)–#fintech—FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities. The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers, directly into the parent order blotter. With a minimum order size […]
One of the world’s largest financial services organizations collaborates with AWS to deliver new products, enhance customer experiences, and drive digital transformation SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that HSBC Holdings plc (NYSE: HSBC) has selected AWS as a key, long-term strategic cloud provider to drive their digital transformation […]
Part of ACI’s Covid-19 rapid response program, ACI’s award-winning fraud prevention solution is now globally available as ‘Software as a Service’ offering NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ACI Proactive Risk Manager and ACI Model Generator, part of ACI’s […]
