New tool helps financial professionals illustrate value of tax deferral and impact on client portfolios LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced it has launched a proprietary tax deferral calculator available to financial professionals and their clients on Jackson.com. The new tool […]
Amid record-high mortgage and credit card rates, new doxo report exposes $167B in hidden bill pay costs, driven mostly by increased credit costs, along with overdraft fees, late fees, and fraud SEATTLE–(BUSINESS WIRE)–A new report released today by doxo found that hidden costs associated with paying bills amount to an additional $167 billion annually, averaging […]
SUNNYVALE, Calif.–(BUSINESS WIRE)–Mulberri, an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio). Zach Powell, General Partner of Eos Venture Partners, will join […]
LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, the leading Capital Markets services provider, today announced the promotion of Laura McCann to the position of Chief Financial Officer (CFO). The appointment comes as Jon Lambert, who has served as CFO since January 2016, transitions to Senior Vice President (SVP) of Corporate Development, focussing on […]
Provider of anti-money laundering compliance solutions selected from among 1,400 nominees as a company that every compliance and risk leader in financial services must know in 2024 TORONTO–(BUSINESS WIRE)–Minerva, a leader in Anti-Money Laundering (AML) compliance technology, today announced it has been named to the RegTech100 2024 list of solution providers that are shaping the […]
Key facts New research from Worldpay from FIS found online marketplaces are now as popular as physical stores. The UK (73 percent) and the US (62 percent) have the highest rate of bargain hunters. Worldpay from FIS shares tips with marketplace sellers to keep them safe from fraud during the holidays. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Macro-economic headwinds […]
CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), the award-winning independent multi-issuer structured products and annuities platform, and Financial Independence Group, LLC (“FIG”), a leading financial services conglomerate specializing in annuities, long-term care, and life insurance products, announced today a collaboration to provide tools and make researching and purchasing annuities more streamlined. “We are thrilled to partner with […]
TORONTO & PURCHASE, N.Y.–(BUSINESS WIRE)–Brim Financial, one of the fastest growing Credit-Card-as-a-Service companies, today announced a strategic partnership with Mastercard, designed to power innovation in credit card platforms in the U.S. Brim will also embed Mastercard’s open banking capabilities across its end-to-end platform. The introduction of a more robust, modern credit card platform enables U.S. […]
SALT LAKE CITY–(BUSINESS WIRE)–#affordableinsurance–Nomi Health (“Nomi”), a direct healthcare company, and ClearPoint Health (“ClearPoint”), a national employer benefits platform, today announced a partnership to empower small and mid-sized employers across the United States to take control of their health insurance costs. “We all deserve accessible and affordable healthcare in our communities. Unfortunately, our healthcare system […]
NEW YORK–(BUSINESS WIRE)–#aprilrudin—The Rudin Group, the trailblazing, boutique marketing firm specializing in providing world-class communications programs for ultra/high-net-worth, fin/wealthtech, wealth management, and asset management clients, celebrates 15 years in business by announcing its rebranding and website relaunch, marking an exciting new era for the company. With its award-winning leadership and longstanding commitment to excellence in […]
Saifr uses advanced artificial intelligence to help simplify regulatory compliance BOSTON–(BUSINESS WIRE)–Saifr®, a compliance solutions provider that uses artificial intelligence (AI) to help detect and correct regulatory compliance and brand risks in financial services marketing content, has been named to the 2024 RegTech 100 list of the world’s most innovative RegTech companies. Presented by FinTech […]
First World Elite® Mastercard® in Canada with a secured credit option, tailored to new Canadian customers CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial—Neo Financial™ (Neo), Cathay, and Mastercard have launched the new Cathay World Elite® Mastercard® — powered by Neo. The only Canadian card that directly earns Asia Miles, the Cathay World Elite Mastercard will offer […]
ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, has partnered with Modern Banking Systems, a leading provider of core bank processing solutions, to enable more community financial institutions to offer real-time payments to their account holders. Modern Banking Systems (MBS) provides flexible, real-time core processing solutions designed specifically for community […]
NEW YORK–(BUSINESS WIRE)–Citi Treasury and Trade Solutions (TTS), within Citi’s Services organization, has made an investment in Icon Solutions, a leading fintech provider of payments technology and consultancy services. In addition to the investment, Citi plans to expand its use of the Icon Payments Framework (IPF) to enhance its micro-services orchestration architecture. This investment and […]
More than four billion data annotations completed across all content types VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International (NYSE and TSX: TIXT), a leading digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions, including artificial intelligence (AI) and content moderation, for global and disruptive brands, today announced it was named a “Leader” in the […]
First to Deliver Immutable Royalties to Solve the Biggest Problem in the Music Industry: Paying Artists Fairly and Allowing Fans to Access Music Rights ZUG, Switzerland & LONDON–(BUSINESS WIRE)–#FTC23—Polymesh, the leader in public permissioned blockchain, announced today at FinTech Connect 2023 its upcoming integration with TokenTraxx, a new independent music and art creator platform driven […]
HDFC Bank, Axis Bank and AU Small Finance Bank early adopters with FICO® Platform MUMBAI, India–(BUSINESS WIRE)–FICO (NYSE: FICO): Highlights: HDFC Bank, Axis Bank and AU Small Finance Bank are early adopters with FICO® Platform FICO® Platform is now available in India – delivering the latest advanced analytics and artificial intelligence capabilities to empower local […]
KANSAS CITY, Mo.–(BUSINESS WIRE)–Customers of nbkc bank have embraced its partnership with Spiral, the award-winning Impact-as-a-Service™ for financial institutions, with utilization expected to increase further throughout the month of December — historically the busiest giving month of the year. Launched at the end of the third quarter, the Spiral platform allows nbkc customers to donate […]
LONDON & BERLIN & NEW YORK & SINGAPORE–(BUSINESS WIRE)–RedNevada.AI, the leading provider of AI enabled software, has announced today the launch of RAI, the most comprehensive and advanced recruitment and resourcing co-pilot solution in the market. In late 2022, RedNevada.AI performed extensive market research into how AI technology could benefit the recruitment life cycle from […]
AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions. The Q2 and Array […]
Over 85% of advisors plan to increase alternative investment allocations in client portfolios in 2024 NEW YORK–(BUSINESS WIRE)–More than half (62%) of financial advisors currently allocate between 6% and 25% of clients’ portfolios to alternative asset classes, with (85%) of them expecting to increase allocations to one or more alternative asset classes further within the […]
RALEIGH, N.C.–(BUSINESS WIRE)–#cloudnative–Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced today that $1.4 billion asset-sized CFCU Community Credit Union (CFCU) has selected the Constellation Digital Banking platform, to power its new digital banking experience, offering more control over the products and services available to its members. The credit union initiated its journey […]
SAN FRANCISCO–(BUSINESS WIRE)–NOW Insurance, a full-stack, AI-enabled commercial insurance platform specializing in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online platform. Select brokers can now shop for and bind coverage for physician and medical group clients. The platform utilizes a state-of-the-art underwriting process that allows brokers to receive […]
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#CFTC—CellTrust Corporation, a leading provider of secure and compliant mobile communication for enterprise and government, announced today the release of SL2 Moderator AI content moderation and compliance for SMS, chat and WhatsApp messaging. “It is no longer enough to just capture and provide data to compliance departments after it has been shared with […]
43 percent say identifying fraud is a top challenge, yet only 7 percent report their anti-fraud measures are completely effective PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI–As credit default and fraud rates rise, 70 percent of financial services executives are not confident in their ability to modify risk decisioning quickly to keep pace with shifts in consumer behavior and […]
– The Sustainable Trade Forum is hosted by UAE Ministry of Economy in partnership with Capital.com and Vinfast – The event coincides with first-ever Trade Day at COP28 – Convenes global business and investment leaders from mobility, utilities and food sectors. ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–The Ministry of Economy, in partnership with global fintech […]
Long-standing partners close on revolving warehouse program to finance and originate loans for Best Egg Flexible Rent program FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Best Egg, Inc., a leading fintech that provides flexible solutions to help people with limited savings confidently navigate their […]
The Neo High-Interest Savings account offers a stable 4% interest rate on every dollar saved — more than 2x the highest base interest rate offered by the Big 5 banks1. CALGARY, Alberta & WINNIPEG, Manitoba–(BUSINESS WIRE)–#NeoFinancial–Neo Financial™ (Neo), a leading Canadian financial technology company, is helping Canadians reach their savings goals faster with a new […]
VIENNA, Va.–(BUSINESS WIRE)–Navy Federal Credit Union received over $2.7 million dollars of real-time deposits during its first full day on the RTP® network, the instant payments system operated by The Clearing House, setting a new record among RTP financial institution participants. The RTP network provides Navy Federal members with the ability to receive instant payments […]
DigiFT, a digital assets exchange, was admitted into the Monetary Authority of Singapore FinTech Regulatory Sandbox in June 2022 for dealing in capital markets products by facilitating the issuance of security tokens, and for operating an organised market for secondary trading As a Capital Markets Services licence holder and a Recognised Market Operator, DigiFT is […]
CareBOX Program, HAAM and Seedling Foundation named recipients of the third annual Q-mmunity Gives grant program AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings Inc. today announced the three recipients of the 2023 Q-mmunity Gives grant program. Local nonprofit organizations CareBOX Program, Health Alliance for Austin Musicians (HAAM) and Seedling Foundation will each receive a $50,000 […]
SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (NASDAQ:USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced it had entered into a Strategic Partnership with Genius Avenue, a leading benefits administration company. Genius Avenue has selected Usio to power their new, comprehensive FinTech solution focused on regulated […]
This investment led by IA Ventures will drive new product development, market expansion, and further January’s mission to facilitate the empathetic resolution of all written off and past-due debt. NEW YORK–(BUSINESS WIRE)–January Technologies, Inc. (“January”) announced that it has raised $12 million in Series B financing, preempted and led by existing investor IA Ventures. Existing […]
SAN FRANCISCO–(BUSINESS WIRE)–Today, Pear VC (“Pear”) has announced that it is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood. Pear Studio will serve as a collaborative work environment for founders and entrepreneurs. This move by Pear marks a bright spot in an otherwise shaky San Francisco commercial real estate market, with the effective […]
The award acknowledged NICE Actimize’s SURVEIL-X Communication Surveillance solution and its leadership in addressing today’s unique regulatory challenges HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, (Nasdaq: NICE) was named a category winner in A-Team Group’s 2023 RegTech Insight USA awards for “Best e-Comms Surveillance Solution.” Initially shortlisted by a panel of judges, NICE Actimize and its cloud-based SURVEIL-X […]
BETHESDA, Md.–(BUSINESS WIRE)–Rapid Enterprise, a division of Rapid Finance, an industry leader in delivering automated and scalable Lending-as-a-Service (LaaS) solutions to support the growth and success of small businesses announced the availability of its latest white paper, “What You Should Know About Preventing Fraud and Optimizing Lending in The Age of Fintech.” Today, the current […]
LAS VEGAS–(BUSINESS WIRE)–$AGREE #20MW_power—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”), plans to begin operations at its new Montana data center in January 2024. The opening of this new data center will expedite the Company’s plans to improve its […]
HAMBURG, Germany–(BUSINESS WIRE)–Today, the Netrisk Group (“Netrisk”) and Bauer Media Group, announced the successful completion of the merger combining their Online Comparison Platform (OCP) businesses in Central and Eastern Europe (CEE). This transaction marks the creation of a leading OCP business across six countries in the CEE region, operating together as the Netrisk Group. The […]
Kris+ by Singapore Airlines selects Airwallex to extend its lifestyle rewards app to more than 1.3 million KrisFlyer members in Australia Kris+ will integrate Airwallex’s Payment for Platforms solution into its app to enable a seamless payment experience that supports miles earning and redemption capabilities in Melbourne and Sydney SINGAPORE & MELBOURNE, Australia–(BUSINESS WIRE)–Kris+ by […]
DUBAI, United Arab Emirates–(BUSINESS WIRE)–In a pivotal move to address plastic pollution and promote nature conservation, the Ant Forest Foundation, established by Ant Group and its affiliates, today announced the launch of the “Fight Plastic for Nature” Action Initiative. The initiative was announced during the 28th Conference of the Parties (COP28) to the United Nations […]
