Offering marks bank’s first consumer product in a roster of upcoming new services LOS ANGELES–(BUSINESS WIRE)–Jenius Bank™, the digital banking division of Manufacturers Bank, a California state chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, today announced the launch of personal loans, its inaugural product. […]
Company named a Best Place to Work for People with Disabilities for fifth year BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, was today named a Disability Equality Index (DEI) Top Scorer and a 2023 Best Place to Work for People with Disabilities. This marks the […]
Texas-based bank selects fintech to better support local businesses SPRINGDALE, Ark.–(BUSINESS WIRE)–Extraco Banks and Teslar Software today announced their partnership to streamline the bank’s commercial lending process and more effectively balance their portfolio. Extraco Banks is the largest and most comprehensive independent financial institution headquartered in central Texas with more than $2 billion in assets. […]
John China and Melissa Smith to Co-Head Innovation Economy for Commercial Banking NEW YORK–(BUSINESS WIRE)–As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced today that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based […]
Marqeta’s move into Brazil will allow its current global customers to expand more easily into a rapidly evolving fintech hotspot, while also opening up access to its modern card issuing platform for local Brazilian fintechs and payment innovators. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced its expansion into Brazil, […]
LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), announced today that it plans to explore a pathway that will allow it to issue a special dividend payable in Bitcoin to stockholders. The Company intends to collaborate with regulatory authorities, its transfer agent and others, which […]
MALVERN, Pa.–(BUSINESS WIRE)–$CUBI #Tech–Customers Bank, the $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), announced today it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking […]
New TransferNow® capabilities enable financial institutions to enhance end-to-end risk management while providing a better customer experience BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions are reducing fraud losses, improving internal processes and enhancing the customer experience with the implementation of two new capabilities from Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology […]
NEW YORK–(BUSINESS WIRE)–Today, Passthrough, a leader in fund workflow automation for investors, fund managers, and other fintechs, and STP Investment Services (STP), a leading technology-enabled services company, are excited to announce a strategic partnership to transform the investor onboarding experience and drive operational efficiencies for STP’s clients and their investors. STP serves as a trusted […]
Balance’s surcharging capability empowers B2B suppliers with the agility to thrive in the fast-moving ecommerce industry by enabling them to offer credit card payments that were once cost-prohibitive. NEW YORK–(BUSINESS WIRE)–Balance, the preferred B2B payment platform for leading businesses, announced today the launch of its surcharge solution. This capability enables suppliers to implement a surcharge […]
ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, today published its newest eBook, “Faster Payments Playbook: 3 Steps Financial Institutions Should Take to Prepare for FedNow.” This free eBook explores the key steps bank and credit union leaders should take to prepare as faster payments become more widespread with the […]
NEW YORK–(BUSINESS WIRE)–Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. CitiDirect® Commercial Banking brings together […]
Former Western Union Business Solutions (WUBS) European business completes transition to Convera after $910 million acquisition in 2021 Acquisition positions Convera for continued growth globally after reporting record revenue through first half of the year. LONDON & SEATTLE–(BUSINESS WIRE)–Convera, a leading non-bank B2B fintech in global payments, today announced the completion of the acquisition of […]
NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced strong first half volumes and open interest across soft commodities as customers respond to changing weather patterns and its impact on […]
Key facts FIS is among the first in the fintech industry to complete testing and certification for the FedNow Service®. By completing the certification, FIS can help its financial institution clients tap into 24x7x365 instant payments through the FedNow Service. JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader in financial services technology, has announced it […]
COLUMBIA, Md.–(BUSINESS WIRE)–Thorn Technologies, a leading provider of managed file transfer solutions, has launched their popular SFTP Gateway product as a SaaS service. With thousands of users already relying on SFTP Gateway self-managed plans through the AWS, Azure, and Google Cloud marketplaces, the SaaS version further simplifies the process of providing secure and affordable file […]
DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America’s under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers. Principal® is a board member and one […]
Global Consultancy Provides CEO Advisory Services Across Strategic Communications, PR, and Marketing NEW YORK–(BUSINESS WIRE)–Bevel, the top communications consultancy for tech and venture capital, today announced its acquisition by Avenue Z, founded by digital visionary Jeffrey Herzog, to build the first strategic communications unicorn. Herzog, previously founder of iCrossing, acquired by Hearst Media in 2010 […]
Unified identity proofing and passwordless platform can be provisioned from leading ecosystem for financial services industry EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#Blockchain—1Kosmos, the company that unifies identity proofing and passwordless authentication, today announced the 1Kosmos BlockID distributed identity cloud service is now available on NayaOne, the leading fintech ecosystem platform for financial services providers. NayaOne makes the […]
Traditional banks continue to adopt modular, cloud-based architectures to meet customer demand for easy digital experiences, ISG Provider Lens™ report says STAMFORD, Conn–(BUSINESS WIRE)–$III #BankingPlatforms–Banks still using legacy technologies are continuing to move toward modern digital platforms to better compete with emerging rivals, according to a new research report published today by Information Services Group […]
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity. ATLANTA–(BUSINESS WIRE)–The financial technology platform LendingPoint, today announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. This is the company’s largest and longest-term committed forward flow program to […]
CALGARY, Alberta–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced plans to launch the first environmental futures market based on Alberta’s carbon program. ICE plans to launch physically delivered AB Emissions Offsets Futures (AEO) and AB Emissions Performance Credit Futures (AEPC) at ICE NGX, ICE’s physical energy […]
Powered by national banking partner Pathward®, N.A., Clair enables companies to offer unique employee benefits, improving financial health amid worker shortage NEW YORK–(BUSINESS WIRE)–Clair, a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. […]
FIS to retain 45% ownership in Worldpay GTCR committed to invest up to $1.25 billion in additional growth capital to accelerate Worldpay growth strategy Upon closing of transaction, Charles Drucker to serve as CEO of Worldpay Company to host webcast to discuss transaction at 8:30 a.m. ET JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader […]
ROSEVILLE, Calif.–(BUSINESS WIRE)–Today, Valligent a market-leading appraisal management company, recently acquired by VerosTM, an industry leader in enterprise risk management and collateral valuation services, announced their integration to the ICE Mortgage Technology™ Platform. Through this integration, mortgage industry stakeholders have the most efficient access to all collateral valuation related products and services. The combined forces […]
NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion”) (NYSE: ML), a leader in financial technology powering the next generation of personalized products and content, is using the power of A.I. to bring back Benjamin Franklin to raise awareness around financial freedom while surprising select social media followers who participate in its latest brand campaign, “Financial Freedom”, that will […]
Unlocks the Power of Personal Finance with Customized, Real-Time Financial Insights MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations including fully certified Earned Wage Access through its QRails AnyDay™ product, is pleased to announce the preliminary results […]
DENVER–(BUSINESS WIRE)–Janus Henderson Investors extended its partnership with the Greenwood Project by granting the organization funds, via the Janus Henderson Foundation, to host a unique seminar for college scholars featuring Nobel Prize winner and Janus Henderson Chief Investment Strategist, Myron Scholes, Ph.D. The inaugural seminar, called “The Myron Scholes Experience,” kicked off this month in […]
Experienced Fintech Executive Ian Gass Named Chief Product Officer for Marygold & Co. (UK) SAN CLEMENTE, Calif.–(BUSINESS WIRE)–The Marygold Companies, Inc. (“TMC,” or the “Company”) [NYSE American: MGLD], a diversified global holding firm, today announced that it has appointed experienced fintech executive Ian Gass as Chief Product Officer in the UK, a newly created position, […]
DALLAS & HARLEM, N.Y.–(BUSINESS WIRE)–Invitation Homes Inc. (NYSE: INVH) (“Invitation Homes” or the “Company”), the nation’s premier single-family home leasing company, and Esusu, a leading financial technology company advancing rent reporting and data solutions for credit building, today announced a new partnership to make Esusu’s platform for financial health solutions available at no cost to […]
A strategic partnership based on mentorship to promote innovation and growth in Tunisia PARIS & TUNIS, Tunisia & LONDON, NEW YORK–(BUSINESS WIRE)–Linedata, (Euronext Paris: LIN), a global provider of asset management and credit technology, data, and services, announces today its strategic partnership with Moovjee, a regionally recognized support structure for young entrepreneurs with international reach. […]
This strategic acquisition creates an unparalleled platform that manages the entire regulatory risk value chain on a global scale, elevating Corlytics’ extensive offer Deepening customers’ ability to manage policies and complete attestation, it marks a breakthrough poised to re-define excellence in the RegTech market The acquisition brings the combined clients to 80, including 14 Tier-1 […]
Cheqly is live across the USA using Mbanq’s BaaS platform. Cheqly provides businesses with digital bank accounts, cards and payments solutions specifically tailored for SMEs and startups. Seed funding for Cheqly was provided by Eqvista, a captable and valuation platform with $36 Billion in assets under administration. NAPLES, Fla.–(BUSINESS WIRE)–#BaaS–Mbanq, the USA-based fintech innovator and […]
Plus a $200K Trading Tournament and Exclusive Investment Opportunity LOS ANGELES–(BUSINESS WIRE)–#DataDrivenInvesting–Invest Inc., a Wyoming-based fintech adtech investment data platform, is excited to announce the launch of their Reg A+ common stock offering, set to raise an impressive $18 million. Alongside this milestone, Invest Inc. is proud to introduce their groundbreaking retail data platform, Invest.inc. […]
RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Financial Services (NYSE: DFS) and Discover Bank (collectively “Discover”) have certain outstanding preferred stock and debt securities, listed in this press release (the “LIBOR-based Securities”), that use 3-month USD LIBOR or the 5-year USD LIBOR Mid-Swap Rate (collectively “LIBOR-based Benchmarks”) administered by ICE Benchmark Association Limited (“IBA”) as reference rates for determining […]
CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (Nasdaq: FITB) today published its 2022 Sustainability Report. The report is an annual update on the Company’s progress against its five sustainability priorities: keeping the customer at the center, strengthening its communities, delivering on its commitment to employees, promoting inclusion and diversity, and addressing climate change. In addition to the […]
Digital lending experts will discuss the new industry approach of incremental “sprint” projects MINNEAPOLIS–(BUSINESS WIRE)–#wolterskluwer–In a year when lending volumes are down 40% or more, Wolters Kluwer Compliance Solutions expert Kevin Wilzbach will be participating in a HousingWire panel on digital lending trends at 1 p.m. CDT Wednesday, July 19th. The panel of experts will […]
Designed as buy-and-hold strategies for long-term investors across all market cycles Leverages BlackRock’s active portfolio management expertise to seek to deliver clearer client outcomes NEW YORK–(BUSINESS WIRE)–BlackRock debuted today its first buffer ETFs with the launch of the iShares Large Cap Moderate Buffer ETF (Cboe: IVVM) and the iShares Large Cap Deep Buffer ETF (Cboe: […]
Industry-leading 12 transfers bring nearly $100 billion in new market capitalization NYSE welcomes year’s largest IPO, leads industry in U.S. proceeds and is home to 8 of the 10 largest transactions In its capacity as an Exchange of Ideas, NYSE Hosts key U.S. officials including House Speaker Kevin McCarthy and Commerce Secretary Gina Raimondo NEW […]
Financing, led by Tiger Global with participation from South Park Commons, has helped foster the growth of a collaborative community of professionals working to stop financial fraud Reports surging participation in fraud data consortium Fintech Fraud DAO, which launched last fall and covers more than 10% of adult consumer transactions in the U.S. Introduces “Fraud […]
