Business Wire


Web3 Foundation Initiates Global Roundtable Discussions with Policy-makers, Starting in Japan

ZUG, Switzerland–(BUSINESS WIRE)–#discussions–The Web3 Foundation, best known for its leading project, Polkadot, unveiled a new initiative to encourage roundtable dialogues with regulators worldwide. The first of such meetings was conducted in Tokyo, Japan, on July 25th, and brought together individuals from regulatory bodies, government institutions, and industry stakeholders. The Foundation’s representatives included CEO Bertrand Perez, […]

Global Launch of Trustmi: Cyber-Fintech Company Revolutionizes Payment Security Solutions

New security platform eliminates vulnerabilities that threaten the business payments process NEW YORK–(BUSINESS WIRE)–Trustmi today announced its official launch as a pioneering leader in business payments security. The cyber-security fintech company offers an intuitive, end-to-end solution that helps businesses protect their bottom line by eliminating losses from cyberattacks, internal collusion, and human error, ensuring payments […]

Payoneer Releases Inaugural Global Impact Report

The report discusses how Payoneer is advancing its environmental, social, and governance priorities and shares baseline ESG metrics NEW YORK–(BUSINESS WIRE)–Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced the release of its first annual Global Impact Report, identifying its […]

ICE Announces Record Trading in Midland WTI (HOU) with Participants Using HOU to Deliver Midland Crude into Brent Basket

HOUSTON & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record activity in the ICE Midland WTI (ICE: HOU) contract this month, with participants using the contract to deliver physical Midland WTI barrels into Dated Brent and the rest of the Brent complex. With Midland-origin WTI […]

Acrisure Has Protected $5B in Clients’ Real Estate Transactions Using CertifID’s Technology Solution

AUSTIN, Texas & GRAND RAPIDS, Mich.–(BUSINESS WIRE)–CertifID, a leading wire fraud protection company, today announced that it has been chosen by Acrisure, a global Fintech leader, to protect its Title Insurance clients from payments fraud. The preferred partnership includes CertifID’s fraud detection software, access to fraud recovery services, and up to $1M in payment insurance […]

Empire State Realty Trust Signs Capco for Entire 68th Floor at the Empire State Building

NEW YORK–(BUSINESS WIRE)–Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a new long-term lease with Capco – a global financial technology and management consultancy – for a 26,620 square foot, full-floor space at the Empire State Building (ESB) on the 68th floor. “We are pleased to partner with ESRT for our […]

Vahanna Tech Edge Acquisition I Corp. Announces Additional Contribution to Trust Account to Extend Deadline to Consummate Business Combination

NEW YORK–(BUSINESS WIRE)–Vahanna Tech Edge Acquisition I Corp. (NASDAQ: VHNAU, VHNA, VHNAW) (“Vahanna” or the “Company”), a special purpose acquisition company, announced today that, on July 24, 2023, its sponsor, Vahanna LLC, timely deposited an aggregate of $660,330 (the “Extension Payment”), representing $0.033 per public share, into Vahanna’s trust account in order to extend the […]

Tiblio AI “Roger,” an AI-Powered Options Income Assistant, Integrates with TradeStation® Securities Brokerage Services

Roger includes continuous calculations and trade assistance LOS ANGELES–(BUSINESS WIRE)–Tiblio, Inc. today announced the integration of “Roger,” an AI-powered options income assistant, with TradeStation Securities’ brokerage services. TradeStation Securities provides self-clearing online brokerage services for trading stocks, ETFs, options, and futures. With Tiblio AI, traders can customize their strategy by choosing up to 29 different […]

Cambridge Savings Bank Extends $10 Million Revolving Line of Credit to Leadpoint Business Services

A portfolio company of Boston-based Copley Equity Partners, Leadpoint harnesses capital to support promising growth trajectory CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending (ABL) team provided a $10M revolving line of credit to Leadpoint Business Services […]

Closinglock Announces New Payment Solution Powered by J.P. Morgan

Closinglock’s new payment solution solves real estate wire fraud and creates faster payments for its customer base AUSTIN, Texas–(BUSINESS WIRE)–#closinglock–Closinglock, a leading provider of wire fraud prevention and fintech solutions for the real estate industry, is working with J.P. Morgan to provide a new, innovative digital payments offering to the real estate industry it serves. […]

IRALOGIX Urges Congress to Protect Interests of Low-Income Retirement Savers

Legislation is Required to Help Those Who Need it Most to Save for Retirement State-Mandated Retirement Plans Benefit Low-Income Workers, but an Even Playing Field is Required PITTSBURGH–(BUSINESS WIRE)–IRALOGIX, a leading innovator in financial technology advancements that harnesses the power of its proprietary technology to offer IRA-focused retirement solutions to every segment of the wealth […]

Best’s Commentary: AM Best to Review Collateral Arrangements at Rated Fronting Insurance Companies

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–With the recent published news reports on Vesttoo, an insurtech platform, AM Best is monitoring the rapidly evolving situation and reviewing its rated fronting carriers and other insurers that have material amounts of reinsurance counterparty credit risk and reliance on various forms of collateral. Based on this review, rating actions will be taken […]

Credit Card Transactions in Brazil May Have Peaked as Pix Continues to Surge

Matera releases mid-year “Pix by the Numbers” report highlighting the continued shift away from credit cards Pix secures its position as the dominant tender type ATLANTA–(BUSINESS WIRE)–#BrazilFintech—Matera, maker of world-class instant payments, QR code and digital ledger technology, today released its mid-year report on the adoption of Brazil’s highly successful Pix instant payments scheme. The […]

Mbanq Selects William Mills Agency for Public Relations Services

ATLANTA–(BUSINESS WIRE)–#Fintech–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces it will provide public relations services to Mbanq, which is headquartered in Naples, Florida. The global Banking-as-a-Service (BaaS) and Credit Union-as-a-Service (CUaaS) provider uses its patented technology and financial services expertise to empower any bank or company […]

Worldpay from FIS Launches Revenue Boost, Maximizing Ecommerce Potential for Merchants

Key facts New solution from Worldpay from FIS helps optimize payments on ecommerce sales. Turnkey solution could help deliver new revenue to enterprise merchants by optimizing payments approvals, while lowering costs. One customer in pilot saw $7 million of approval lift in less than 12 months1. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Worldpay from FIS® (NYSE: FIS), a global […]

Best’s Market Segment Report: AM Best Revises Outlook on Philippines Non-Life Insurance Market to Negative

SINGAPORE–(BUSINESS WIRE)–#insurance—AM Best is revising its outlook on the Philippine non-life insurance market segment to negative from stable, citing increased negative pressure to the balance sheet strength and operating performance of domestic insurers amid rising challenges in accessing reinsurance capacity. In a new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance”, AM Best […]

Santander US Research Finds Consumers Resilient Despite Uncertainty

Seven in 10 middle-income Americans (68%) believe they are on the right track, despite concerns about inflation. Middle-income Americans are highly confident in banking, and few have made behavioral shifts in response to recent banking events. BOSTON–(BUSINESS WIRE)–Santander Holdings USA, Inc. (“Santander US”) today announced findings from a new survey showing Americans remain optimistic about […]

NCR Unveils New Names for Businesses Ahead of Planned Separation

Digital Commerce Business to Become NCR Voyix; ATM Business to Become NCR Atleos, Both Reflecting Strength of NCR Brand ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today unveiled the names for the two companies that will form after its planned separation, expected in the fourth quarter of 2023. Selecting company names is […]

Acrisure Brand Roll Out Reaches Southern United States

Lori Green to Lead the South Region Spanning Texas, Louisiana, Arkansas and Oklahoma ADDISON, Texas–(BUSINESS WIRE)–Acrisure, a global Fintech leader, today announced that local partners in its South Region will be re-branded as Acrisure in a continuation of the Company’s global brand roll out. As part of this roll out, Acrisure businesses in Texas, Louisiana, […]

Grounded Technologies to Bring Core Deposits to U.S. Community Banks with Support from BMO

Grounded built a deposit marketplace on next generation technology to help community banks markedly improve their asset and liabilities planning capabilities NEW YORK–(BUSINESS WIRE)–Grounded Technologies (“Grounded”), a first-of-its-kind core deposit, loan, and CRA marketplace that works to provide regulated balance sheet growth to banks, today announced the launch of its flagship product with support from […]

Netspend Launches New X World Wallet™ During Inaugural Leagues Cup Soccer Tournament

U.S. Launch in Record Time Brings Leagues Cup Official Debit Card and Multicurrency Wallet to Tournament’s Multinational Fanbase AUSTIN, Texas–(BUSINESS WIRE)–Netspend today announced its new X World Wallet™ multicurrency travel wallet and payments super app will take centerstage as the official debit card of Leagues Cup in a campaign to run throughout the inaugural tournament. […]

KuCoin’s France Cryptoverse Report Unveiled: Gen Z Crypto Investors Powering French Crypto Market, 40% Entered in Just 6 Months

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a leading global cryptocurrency exchange, has unveiled its 12th “Into the Cryptoverse” report, “Understanding Crypto Users In France.” The report uncovers the significant role of Gen Z investors in shaping the future of the French crypto market; approximately 40% of Gen Z crypto investors entered the crypto space in the last 6 […]

Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil

 Advances Evertec’s growth strategy, drives geographic diversification, and offers complementary products Significant opportunity to provide Sinqia customers with access to Evertec’s best-in-class payments solutions Increases share repurchase authorization Evertec to host conference call tomorrow at 8:00 AM ET SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) and Sinqia (B3: […]

Modulus Security Bulletin to Digital Assets Exchange Operators: Extreme Risk in Using Chinese Software Providers

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#crypto–Today, Modulus, a US-based developer of ultra-high-performance trading and surveillance technology that powers global equities, derivatives, and digital asset exchanges, issued a security bulletin warning digital assets exchange operators of the dangers created by using Chinese software. This includes vendors which claim to be headquartered in Singapore but have strong ties to Chinese […]

Pidgin Supports Live Transactions on the FedNow® Service, Driving Innovation in the U.S. Payment Infrastructure

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, now supports live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Pidgin is among the first service providers actively facilitating transactions for financial institutions on the service. Through the FedNow Service, Pidgin is equipped to offer financial institutions […]

CSI Launches Instant Payments Capabilities through the FedNow Service with Illinois-Based INB, N.A. as Early Adopter

Following the company’s multi-year participation in the Fed’s pilot program, CSI has enrolled INB, N.A. in the modern payments network and encourages other financial institutions to enable real-time transactions that meet and exceed account holder expectations PADUCAH, Ky.–(BUSINESS WIRE)–CSI, a leading provider of end-to-end fintech and regtech solutions, announced today its instant payments offering is […]

ACI Worldwide Supports the FedNow® Service, Advancing U.S. Payment System

ACI helps financial institutions implement best-in-class, real-time payment solutions with award-winning fraud protection MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, announced today it will be supporting transactions on the Federal Reserve’s newly live instant payment rail, the FedNow Service. ACI is among the first service providers that will be […]

Fiserv Supports FedNow® Service with Multiple Financial Institution Clients Live at Launch

Nearly 100 banks and credit unions have committed to be part of the service via Fiserv BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, is keeping its clients at the forefront of real-time payments as one of the first service providers supporting transaction activity for financial institutions […]

Savvy Wealth Unveils Fully Integrated, AI-Powered Advisor Platform Designed for Modern Financial Advisors

New platform includes a proprietary CRM system, client portal, marketing automation, and compliance and back-office support to provide advisors with unprecedented efficiency NEW YORK–(BUSINESS WIRE)–#AI—Savvy Wealth, a digital-first platform designed for financial advisors to modernize human financial advice, and the parent company of Savvy Advisors Inc. (“Savvy”), a national registered investment advisor (RIA), today unveiled […]

Bankjoy Integrates with Plaid to Enable Seamless Account Management for Businesses

DETROIT–(BUSINESS WIRE)–Bankjoy, an end-to-end digital banking provider, today announced its partnership with Plaid, the leading open finance provider powering the digital financial ecosystem. Institutions on the Bankjoy platform will now be able to offer their customers API access to Plaid’s network of more than 8,000 fintech apps and services. Through the partnership, businesses can now […]

First Insurance & Risk Management Launches to Address Needs of Small Businesses

Digital-First Underwriting Company Puts Focus on Stable Insurance Coverage Crucial for Entrepreneurs to Thrive SCOTTSDALE, Ariz.–(BUSINESS WIRE)–First Insurance & Risk Management (“First”), an insurance technology (insurtech) platform and program administrator providing small business insurance with integrated risk management, today announced its launch. Designed specifically for small businesses, First is partnering exclusively with independent insurance agents […]

Rathbone Funds Now Live on Charles River IMS® and State Street Alpha® Data Platform

LONDON–(BUSINESS WIRE)–#assetmanagement–Charles River Development, a State Street Company, today announced that Rathbone Funds (Rathbone Unit Trust Management Ltd), the London-based subsidiary of Rathbones Group Plc, is live on the cloud-based Charles River Investment Management Solution (Charles River IMS) and the State Street Alpha Data Platform (ADP). Rathbones now benefits from a single enterprise solution underpinned […]

Ault Alliance Announces Gresham Worldwide Bookings for the Second Quarter of 2023 Exceed $10.2 Million

Strong Bookings Attributable to Orders From Marquee Defense and Medical Customers Gresham Worldwide Backlog Totaled $28 Million as of June 30, 2023 LAS VEGAS–(BUSINESS WIRE)–$AGREE #28_Million_Backlog—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced its majority owned subsidiary, Giga-tronics, Inc. d/b/a Gresham Worldwide (OTCQB: GIGA) (“Gresham Worldwide”), […]

Finio.com Revolutionizes F&I for Marine, Powersports, RV, and Truck

Serial entrepreneurs announce new FinTech venture IRVINE, Calif.–(BUSINESS WIRE)–Finio, Inc. reimagines the digital sales and finance experience in the leisure marine, powersports, motorcycle, RV, truck, and other industries. Mindful of the fact that most purchases involve financing or leasing, Finio enables a modern credit discovery experience for these industries through its compliant and secure platform. […]

With Intelligence Announces That Motive Partners Has Acquired a Majority Stake

Investment to accelerate the development of With Intelligence’s data & analytics platform and penetration of new assets classes Partnership with Management to support company’s next phase of growth ICG to remain a financing partner and shareholder LONDON & NEW YORK–(BUSINESS WIRE)–With Intelligence, a leading provider of investment data and intelligence for allocating, fund-raising and business […]

B2Broker: B2BinPay Joins Forces with Ledger to Offer Customized Limited Edition Hardware Wallets

LONDON–(BUSINESS WIRE)–#B2Broker–The collaboration between B2BinPay and Ledger, two leading companies in their industries, marks a significant achievement. Through this innovative partnership, customers can now access an exclusive offering: a branded Ledger Nano X hardware wallet. This limited edition wallet showcases a distinctive crypto-processing design and prominently displays the B2BinPay logo. The joint effort of these […]

Mirador Unveils Enhanced Compensation Management Services

Mirador Empowers Advisors and Streamlines Operations with Cutting-Edge Tools STAMFORD, Conn.–(BUSINESS WIRE)–#FinTech–Mirador, Inc., a leading managed services partner that provides best-of-breed financial reporting services, technology solutions, and products to the U/HNW wealth management industry, today unveiled its revitalized compensation management services. Mirador’s compensation management services empower wealth managers and RIAs with superior sales, profitability, and […]

DataVisor and Q6 Cyber Collaborate to Enhance Fraud Detection Capabilities by Integrating Threat Intelligence into DataVisor’s Fraud and Risk Platform

Partnership Pairs Powerful Platform Capabilities with Industry-Leading Threat Intelligence for Unparalleled Financial Fraud Detection Accuracy and Speed MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–DataVisor, the most comprehensive, real-time fraud and risk management platform that harnesses sophisticated AI and modern machine learning, today announced a partnership with Q6 Cyber, a leading cyber and fraud threat intelligence firm, to centralize […]

ACI Worldwide and Dock team up to launch Acquiring as a Service solutions

ACI’s cutting-edge technology forms the backbone of Dock’s comprehensive range of technological, operational, and regulatory solutions, empowering customers to become acquirers. Brazil is the first market to have access to the solution, with plans underway for expansion throughout the entire Latin American region. SÃO PAULO–(BUSINESS WIRE)–ACI Worldwide, the global leader in real-time payment software, joins […]

Zelis® and Rectangle Health Deliver Revolutionary Straight-Through Processing for the Healthcare and Dental Industries

New technology accelerates processing time by 50%, eliminates manual claim payment steps into single automated process among payers, providers and healthcare consumers BOSTON–(BUSINESS WIRE)–Zelis, a healthcare technology company modernizing the healthcare financial experience for all, today announced a partnership with Rectangle Health, a financial technology company providing software solutions to healthcare organizations, to launch the […]

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