Business Wire

Ault Alliance’s Subsidiary, Ault Energy, LLC, Strikes Oil on First Two Joint Drilling Projects, Suggesting a Bright Future With More Wells in the Pipeline thumbnail

Ault Alliance’s Subsidiary, Ault Energy, LLC, Strikes Oil on First Two Joint Drilling Projects, Suggesting a Bright Future With More Wells in the Pipeline

Both initial wells deemed economically viable as production begins, with more drilling plans underway LAS VEGAS–(BUSINESS WIRE)–$AP #AULT—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), announces that its subsidiary, Ault Energy, LLC (“Ault Energy”), has successfully drilled and established the economic viability of its first two oil wells […]

Juniper Research: Modern Card Issuing Platform Leaders Revealed, as Digital Payment Cards Issued to Exceed 1.3 Billion Globally by 2027 thumbnail

Juniper Research: Modern Card Issuing Platform Leaders Revealed, as Digital Payment Cards Issued to Exceed 1.3 Billion Globally by 2027

BASINGSTOKE, England–(BUSINESS WIRE)–#digitalcardissuanceplaftformsmarketstrategy–A new study from Juniper Research, foremost experts in the payments market, found the number of payment cards issued via digital platforms will reach 1.3 billion annually by 2027, from just 500 million in 2023. This growth of 170% reflects strong interest in improving the way users access and replace cards from issuers. […]

Powens and Unnax Join Forces to Create a European Open Finance Champion thumbnail

Powens and Unnax Join Forces to Create a European Open Finance Champion

PARIS & BARCELONA, Spain–(BUSINESS WIRE)–#fintechnews—Today, Powens in France and Unnax in Spain, two of Europe’s most prominent Open Finance fintech leaders, announce their official agreement to join forces and create a European Open Finance champion A perfect pairing of two Open Finance leaders The decision to welcome Unnax into the Powens family was an easy […]

Bangor Savings Bank Wins 2023 Celent Model Bank Award for Innovative Integration of Rewards and Payments with Fiserv thumbnail

Bangor Savings Bank Wins 2023 Celent Model Bank Award for Innovative Integration of Rewards and Payments with Fiserv

Programmable payments technology expands capabilities and convenience of debit cards BROOKFIELD, Wis.–(BUSINESS WIRE)–Bangor Savings Bank, a subsidiary of Bangor Bancorp, MHC, has been named the winner of the Celent Model Bank 2023 Award for Payments Innovation. By enabling programmable payments capabilities with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services […]

Agent IQ’s Lynq Platform Recognized As A Highly Commended Finalist in FinTech Futures' 2023 Banking Tech Awards USA thumbnail

Agent IQ’s Lynq Platform Recognized As A Highly Commended Finalist in FinTech Futures’ 2023 Banking Tech Awards USA

SAN FRANCISCO–(BUSINESS WIRE)–Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced today that their Lynq™ platform received a Highly Commended recognition for the “FinTech of the Future – Customer Engagement & Experience” category of the 2023 Banking Tech Awards USA, powered by FinTech Futures. The Banking […]

Ncontracts Ready for Section 1071 thumbnail

Ncontracts Ready for Section 1071

Regtech will introduce new 1071 functionality to its cloud-based transmittal tool to aid commercial lenders BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, announced today that its solutions will be ready with updates to comply with the Consumer Financial Protection Bureau’s (CFPB) Section 1071 final rule. […]

SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel thumbnail

SmartRIA® Announces Second Strategic Investment Round from Dynasty Financial Partners and MarketCounsel

Strategic investment round from Dynasty Financial Partners and MarketCounsel Supports SmartRIA’s Expansion into Enterprise Compliance Management and Reaffirms Commitment to Industry Partnerships KNOXVILLE, Tenn.–(BUSINESS WIRE)–#DynastyFinancialPartners–SmartRIA®, the leading compliance management software provider to registered investment advisors (RIAs), is excited to announce a second strategic investment round from Dynasty Financial Partners and MarketCounsel. This new investment underscores […]

Forter Named Best Fraud Prevention Platform in the 2023 FinTech Breakthrough Awards

Forter Named Best Fraud Prevention Platform in the 2023 FinTech Breakthrough Awards

NEW YORK–(BUSINESS WIRE)–Forter, the Trust Platform for digital commerce, today announced it has been named the Best Fraud Prevention Platform in the 2023 FinTech Breakthrough Awards. Forter was founded on the insight that it’s not about what is being purchased, nor where— but who is behind the interaction. The company’s Trust Platform provides immediate and […]

Majesco and EvolutionIQ Partner to Expand AI-Powered Claims Guidance for Disability Insurance Lines thumbnail

Majesco and EvolutionIQ Partner to Expand AI-Powered Claims Guidance for Disability Insurance Lines

Partnership integrates market-leading technologies from both Majesco and EvolutionIQ Builds on proven synergies between the companies’ respective technology platforms as both share a number of joint customers in the L&AH insurance sector Allows L&AH insurers and TPAs to seamlessly leverage Majesco’s cloud platform solutions for policy, billing, claims, absence, underwriting, and distribution with EvolutionIQ’s AI-powered […]

Cross River and FinClusive Partner to Strengthen the Fintech Ecosystem and Increase Responsible Access to Financial Services

Cross River and FinClusive Partner to Strengthen the Fintech Ecosystem and Increase Responsible Access to Financial Services

Companies share fundamental mission to provide safe, reliable and compliant access to financial services to underserved communities and organizations FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a partnership with FinClusive, a global Compliance-as-a-Service (CaaS) infrastructure provider for financial services, to provide account and […]

MoneyLion Gives People the Chance to Turn Play Money Into Real Money With Scavenger Hunt in NYC thumbnail

MoneyLion Gives People the Chance to Turn Play Money Into Real Money With Scavenger Hunt in NYC

Brand kicks off FinLit month with gamified guerilla marketing activation in NYC starting April 1st, giving consumers the chance to unlock useful money hacks and win up to $1,000 in cash NEW YORK–(BUSINESS WIRE)–April is Financial Literacy Month and MoneyLion Inc. (“MoneyLion”) (NYSE: ML), the go-to money app powered by next generation personalized financial content […]

ICE Announces Record Depths of Liquidity Across U.S. Natural Gas Markets thumbnail

ICE Announces Record Depths of Liquidity Across U.S. Natural Gas Markets

NEW YORK & CALGARY, Canada–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record levels of liquidity across its U.S. natural gas markets as customers manage price risk. ICE offers hundreds of physically delivered and cash settled contracts covering regional hubs across North America to allow customers […]

Metaverse Platform BITNILE.COM Surpasses 500,000 Active Users in First Month of Early Access Launch thumbnail

Metaverse Platform BITNILE.COM Surpasses 500,000 Active Users in First Month of Early Access Launch

Rapid Growth Attributed to Browser-Based Access and Headgear-Free Experience LAS VEGAS–(BUSINESS WIRE)–$AP #AULT—Ault Alliance, Inc. (NYSE American: AULT) (“Ault Alliance”), a diversified holding company, and BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse” or the “Company”), the company operating the rapidly growing virtual world, BITNILE.com (the “Platform”), announce that the Platform has surpassed 500,000 active users […]

Farmers’ Fintech Agreena Raises €46M to Scale the Regenerative Revolution thumbnail

Farmers’ Fintech Agreena Raises €46M to Scale the Regenerative Revolution

Funding will support continued expansion of global carbon farming initiatives and new fintech solutions for the rapidly scaling company COPENHAGEN, Denmark–(BUSINESS WIRE)–#Sustainability–Climate and fintech company Agreena, whose soil carbon platform is one of the largest globally, today announced its Series B raise of €46M. Led by Germany’s leading multi-stage investor HV Capital, the round has […]

Certa Partners with ID-Pal to Simplify and Enhance Third-Party Onboarding thumbnail

Certa Partners with ID-Pal to Simplify and Enhance Third-Party Onboarding

Partnership enables Certa customers to seamlessly verify the identities of third-parties SAN FRANCISCO–(BUSINESS WIRE)–The leading third-party risk management platform, Certa, today announced its official partnership with global identity verification provider ID-Pal. Using a unique blend of biometric, document, and database checks, ID-Pal’s solution will enable Certa customers to verify the identity of third-party contacts in […]

TDCX levels up in Vietnam to help its gaming clients deliver a good game thumbnail

TDCX levels up in Vietnam to help its gaming clients deliver a good game

NYSE-listed digital customer experience solutions provider expands its Southeast Asian footprint with the opening of its 28th campus HO CHI MINH CITY, Vietnam & SINGAPORE–(BUSINESS WIRE)–34-year-old, Minh Quan Lam is a passionate gamer who brings his skills in creative thinking, problem-solving and gaming knowledge to his role as an operations manager. He is part of […]

Zenus Bank Makes Strategic Acquisition of Leading Payments Provider thumbnail

Zenus Bank Makes Strategic Acquisition of Leading Payments Provider

LONDON–(BUSINESS WIRE)–Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, is proud to announce the acquisition of Financial Urban Exchange LLC (FUEX Payments), a fintech specializing in real-time payments for the Caribbean and Latin American (LAC) markets. This acquisition represents Zenus Bank’s ongoing strategy to innovate and expand its service offering in […]

Softeq Venture Studio Welcomes New Cohort of 14 Startups, Bringing Total Venture Fund Portfolio of Startups to 63 thumbnail

Softeq Venture Studio Welcomes New Cohort of 14 Startups, Bringing Total Venture Fund Portfolio of Startups to 63

Accelerator program from Softeq supports global emerging companies in web 3.0, healthtech, fintech, and more HOUSTON–(BUSINESS WIRE)–Softeq Development Corporation (Softeq), a Houston-based global hardware and software services development company serving Fortune 500 companies, today announced the continued success of its Softeq Venture Studio by welcoming 14 new startups to the three-month accelerator program this month. […]

Greenlight Announces Custom Family Banking Solution for Financial Institutions to Better Serve the Next Generation thumbnail

Greenlight Announces Custom Family Banking Solution for Financial Institutions to Better Serve the Next Generation

New Greenlight for Banks program brings the company’s industry-leading family finance app to banks and credit unions nationwide ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart, independent kids, today announced Greenlight for Banks, a family banking solution designed for banks and credit unions. With Greenlight for […]

Schaefer City Technologies Launches with First Software Product to Help Insurers Identify, Manage, and Reduce Nuclear Verdicts® thumbnail

Schaefer City Technologies Launches with First Software Product to Help Insurers Identify, Manage, and Reduce Nuclear Verdicts®

New Insurtech Start-up Created by Author of “The Book” on Nuclear Verdicts® and Longtime Insurance Executive SAN DIEGO–(BUSINESS WIRE)–As Nuclear Verdicts® – jury verdicts of $10 million or more – continue to increase in size and frequency around the country, a new insurtech start-up has launched with its first software product designed to help insurance […]

Riskalyze and Orion Release Enhanced Integration thumbnail

Riskalyze and Orion Release Enhanced Integration

Available today, the new offering by Riskalyze and Orion allows firms to quickly and easily manage their integration configuration, import data organized into Account Groups, and sync models into the Riskalyze Growth Platform. AUBURN, Calif.–(BUSINESS WIRE)–#FearlessInvesting—Riskalyze, the industry-leading growth platform for wealth management firms, and Orion Advisor Technology, (“Orion”) the provider of premier wealthtech solutions […]

Vested Launches ‘Media Map’ - Real-Time Media Trends Dashboard thumbnail

Vested Launches ‘Media Map’ – Real-Time Media Trends Dashboard

Platform uses GPT AI and Qwoted.com data Identifies trending media topics across core financial industries NEW YORK–(BUSINESS WIRE)–Vested, a leading financial marketing and communications consulting firm, has launched the Vested Media Map, a real-time dashboard of trending media topics across core industries. The innovative tool enables users to quickly identify and monitor topics that the […]

MetricStream and Kinetix Partnership Enables Customers to Automatically Identify Regulatory Obligations and Accelerate Regulatory Change Compliance thumbnail

MetricStream and Kinetix Partnership Enables Customers to Automatically Identify Regulatory Obligations and Accelerate Regulatory Change Compliance

SAN JOSE, Calif.–(BUSINESS WIRE)–MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), announced its partnership with Kinetix, a financial technology company specializing in AI-powered technology solutions for banking and capital markets. This new partnership will provide compliance teams with automated, AI-powered identification, extraction, and review of regulatory obligations […]

Tide Reaches 500,000 UK Members Milestone thumbnail

Tide Reaches 500,000 UK Members Milestone

  LONDON–(BUSINESS WIRE)–Tide, the leading digital business financial platform, has reached 500,000 members in the UK – a significant milestone that means almost one in 10 small businesses now use its services. Following its launch in 2017, Tide is now a key provider of finance and admin services to UK small and medium enterprises (SMEs) […]

Ault Alliance’s Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion thumbnail

Ault Alliance’s Subsidiary, BitNile Inc., Collaborates with Core Scientific for Bitcoin Mining Expansion

LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance” or the “Company”), has announced a strategic collaboration between its wholly owned subsidiary, BitNile, Inc. (“BNI”), and Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific”), a prominent provider of high-performance blockchain computing data centers and software solutions. This collaboration will enable […]

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria thumbnail

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria

Blockchain-powered Nigerian fintech to integrate ThetaRay’s SONAR AI-powered technology to increase growth opportunities with a trusted service LAGOS, Nigeria & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, today announced they will collaborate to implement ThetaRay’s […]

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access™ thumbnail

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access™

LONDON–(BUSINESS WIRE)–Today, Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to start lending through its innovative Citi Securities Lending Access platform. The solution will enable Nordnet to expand its already successful securities lending programme to new markets and new client segments. Citi […]

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs thumbnail

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

SAN FRANCISCO–(BUSINESS WIRE)–Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, today announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and decision-makers in […]

Sarna Receives Funding from Simplex Ventures, Motivate Ventures and Wedbush to Disrupt Digital Brokerage Space thumbnail

Sarna Receives Funding from Simplex Ventures, Motivate Ventures and Wedbush to Disrupt Digital Brokerage Space

Investment will fuel the completion of Sarna Finance’s mobile investing platform and rollout in the US and overseas. CHICAGO–(BUSINESS WIRE)–Sarna, a trading and investing platform, has today announced new seed investments totaling over $2.5 million from venture capital firms with deep experience in fintech and financial services. The infusion of capital will help the firm […]

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies thumbnail

Crypto 1 Announces Its $500M C1 Secondaries Fund in Blockchain, Crypto and Web3 Companies

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Crypto 1 announces the founding of the C1 Secondaries Fund (the “Fund”), a newly incorporated investment fund targeting $500M investing in secondaries in Blockchain, Crypto, Web3 and FinTech companies. The C1 Secondaries Fund is a regulated private investment fund formed for the purpose of investing in secondaries asset acquisition – the […]

Bectran Gives Back: Bectran Employees Volunteer with Nonprofit Organization Feed My Starving Children thumbnail

Bectran Gives Back: Bectran Employees Volunteer with Nonprofit Organization Feed My Starving Children

Bectran employees volunteer to help serve and support developing nations, fight world hunger and give back to the global community. CHICAGO–(BUSINESS WIRE)–Bectran, Inc., a revolutionary fintech automation provider serving the credit, collections and AR sector, participated this month in a volunteer opportunity with Feed My Starving Children, an effort launched to fight world hunger and […]

Leading Longshore Workers’ Comp Provider Selects CLARA Analytics to Improve Adjuster Productivity thumbnail

Leading Longshore Workers’ Comp Provider Selects CLARA Analytics to Improve Adjuster Productivity

American Equity Underwriters Leverages CLARA Artificial Intelligence MOBILE, Ala. & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—The American Equity Underwriters, Inc. (AEU), an Amwins Group company, the leading provider of workers’ compensation insurance for waterfront employers, has selected CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for commercial insurance claims optimization, as their partner in […]

Lion Street Adds Pontera as a Strategic National Partner to Deliver 401(k) Management to Seasoned Professionals Across the US thumbnail

Lion Street Adds Pontera as a Strategic National Partner to Deliver 401(k) Management to Seasoned Professionals Across the US

Pontera will enable Lion Street’s 175+ financial firms to offer secure retirement account management as part of its comprehensive approach to growing clients’ wealth NEW YORK & AUSTIN, Texas–(BUSINESS WIRE)–#401k—Lion Street, an elite national network of agencies and professionals providing life insurance, wealth management and financial planning solutions to high-net-worth clients, today announced a partnership […]

CAIS Modernizes Brand to Reflect Role in Transforming the World of Alternative Investing thumbnail

CAIS Modernizes Brand to Reflect Role in Transforming the World of Alternative Investing

Advisor demand for alts remains strong as traditional 60/40 underperforms NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced a modernized brand refresh to reflect CAIS’ leadership role in transforming the world of alternative investing as we enter a “New Era of Access.” With financial advisors and alternative asset managers engaging at unprecedented levels, […]

Socure Named Best Identity Verification Solution in FinTech Breakthrough Awards for Second Consecutive Year

Socure Named Best Identity Verification Solution in FinTech Breakthrough Awards for Second Consecutive Year

Socure Wins Honor in Best Identity Verification Solution Category as it Further Solidifies Identity Verification Market Leadership INCLINE VILLAGE, N.V.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced that it has been selected as the “Best Identity Verification Solution” in the seventh annual FinTech Breakthrough Awards program. This is the […]

Gradient AI’s SAIL Solution Gives the Provant Group Greater Insights into Group Health Risks thumbnail

Gradient AI’s SAIL Solution Gives the Provant Group Greater Insights into Group Health Risks

Enables Tailored Health Plans, Streamlined Cost Savings and Advanced Risk Management for Brokerage’s Clients BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that The Provant Group, a national commercial insurance brokerage, has chosen Gradient AI’s SAIL™ solution to quantify and gain deeper insights into […]

InterPrice Technologies releases bank API integration to streamline bond pricing indications for treasury teams thumbnail

InterPrice Technologies releases bank API integration to streamline bond pricing indications for treasury teams

NEW YORK–(BUSINESS WIRE)–InterPrice Technologies, a Nasdaq Ventures-backed treasury capital markets platform, announced that it has launched its bank API connectivity to instantly connect corporate treasury teams with their banking relationship partners. “Having been one of the earliest adopters of the InterPrice platform, we are very pleased to see instant and direct connectivity with our relationship […]

REPAY to Serve as Backend Clearing and Settlement Provider for MiCamp Solutions thumbnail

REPAY to Serve as Backend Clearing and Settlement Provider for MiCamp Solutions

REPAY to offer customizable program and end-to-end processing capabilities, helping the ISO move from a retail ISO to a full-liability portfolio ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced MiCamp Solutions (“MiCamp”) has chosen REPAY as its new clearing and settlement processor. REPAY will offer full-service, end-to-end […]

Core10 Appoints Russ Bernthal, Rodney Whitwell, Ryan Zacharia to Board of Directors thumbnail

Core10 Appoints Russ Bernthal, Rodney Whitwell, Ryan Zacharia to Board of Directors

~ Fintech veterans bring industry knowledge, experience to Core10’s board ~ FRANKLIN, Tenn.–(BUSINESS WIRE)–#banking—Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services, today announced that Russ Bernthal, Rodney Whitwell and Ryan Zacharia have joined its board of directors. Bernthal, the former SVP, Jack […]

Spiral Raises $28M Series A to Help Banks and Fintechs Easily Embed Sustainability and Social Impact thumbnail

Spiral Raises $28M Series A to Help Banks and Fintechs Easily Embed Sustainability and Social Impact

The NY-based fintech startup allows banks, credit unions, and financial institutions to embed sustainability, social impact, ESG, and CSR into their core businesses, amplify community impact, and increase customer engagement NEW YORK–(BUSINESS WIRE)–Spiral, the pioneer of Impact-as-a-Service™, announced today a $28M Series A investment, bringing total funding to $42M. The round was led by Team8 […]

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