Business Wire


EIPGRID and Intertrust Partner to Deliver Secure Virtual Power Plant Platform

Leaders in secure distributed computing and energy systems unite to deliver a secure virtual power plant platform for distributed management of clean, cost-effective energy SEOUL, South Korea & SAN FRANCISCO–(BUSINESS WIRE)–Intertrust, the world’s leading trusted distributed computing and rights management technology provider, and Korea’s EIPGRID, a leader in distributed energy resource management, today announced a […]

Sumsub Cited as a Strong Performer Among Top Vendors In Independent Research Report

Sumsub identity verification platform receives highest possible scores in criteria of market approach, delivery model, admin user management and commercial model LONDON–(BUSINESS WIRE)–#report–Sumsub, the all-in-one verification platform, was cited as a Strong Performer with the highest possible scores in four criteria in The Forrester Wave™: Identity Verification Solutions, Q4 2022 evaluation. Sumsub was among the […]

Expensify Announces George Clooney as Headliner For ExpensiCon 2023

Expensify welcomes George Clooney as the premier global accounting conference’s headline speaker in Puglia, Italy PORTLAND, Ore.–(BUSINESS WIRE)–#ExpensiCon–Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, and bills, today announced George Clooney as the headline speaker at ExpensiCon. ExpensiCon […]

Reverence Capital Partners Selects CAIS for Efficient Access to the Independent Wealth Channel

Alts Demand Continues to Rise Amid Challenging Market NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Reverence Capital Partners (“Reverence”), a global investment firm focused on private equity and structured credit, will onboard select alternative investment strategies to the CAIS platform as it seeks to expand and diversify their shareholder base in […]

Gradient AI Closes 2022 with 100+ Customers and 100% Year-Over-Year Growth

Caps Off Year of Record Growth Solidifying a Leadership Position as Provider of AI Solutions for Insurance Underwriting and Claims BOSTON–(BUSINESS WIRE)–#AIinInsurance–Continuing momentum from a successful H1 2022, Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that it closed out 2022 with more than 100 […]

Onfido Partners With Access Group and Amiqus to Provide Identity Verification for Screening Checks, Awarded Trust Framework High Confidence Certification

LONDON–(BUSINESS WIRE)–#DigitalIdentity—Onfido, the global automated identity verification provider, announced it has achieved certification for high confidence profile H1A under the UK Digital Identity and Attributes Trust Framework (the trust framework). The certification serves use cases where a higher confidence level in digital identity verification is required. The trust framework is part of the UK government’s […]

Discover® Global Network Launches Transit Solution Internationally

Discover® continues expansion of fast, secure and convenient Tap and Pay solutions with transit agencies in Poland, Spain and Taiwan RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover® Global Network, the payments brand of Discover®, has launched Tap and Pay solutions with transit agencies and local acquiring partners such as EMT Madrid, Metro de Seville and GetNet in Spain, Mennica […]

ACI Worldwide Launches ACI Instant Pay for Merchants – In-Store, Online, and Mobile Real-Time Payments

ACI Instant Pay provides access to lower-cost payments, instant liquidity, reduced risk of fraud and enhanced shopper experience MIAMI–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced the launch of ACI Instant Pay, a new real-time payments solution that enables merchants in the U.S. to accept online, mobile and […]

Idelic Launches Idelic Insurance Agency for Fleets Seeking an Innovative Approach to Lowering Risk

Idelic Inc, an insurtech solution, launches new insurance agency offering for commercial auto fleets using Idelic’s Safety Suite® and Driver Safety Playbooks. PITTSBURGH–(BUSINESS WIRE)–Idelic Inc. announces today the launch of Idelic Insurance Agency, LLC, a technology-driven Managing General Agent (MGA) focused on providing commercial fleets with customized insurance coverage and pricing that is reflective of […]

LenderClose Announces Rebrand as Coviance to Support Accelerated Growth and Strategic Vision for the Lending Experience

The company’s evolution as a technology solution is modernizing the home equity lending experience for Credit Unions and Community Banks DES MOINES, Iowa–(BUSINESS WIRE)–#Coviance—LenderClose, a fintech company that is making the home equity lending process simpler, faster, and more scalable through its cloud-based platform, today announced a rebrand to Coviance. The new brand reflects the […]

EchoPark Brings More Happiness to Owners With Digital Insurance Technology Platform Partner Matic

Insurtech leader to provide auto insurance savings of up to $579 per year for EchoPark guests CHARLOTTE, N.C.–(BUSINESS WIRE)–EchoPark and Matic, a leading digital insurtech platform, announced today a long-term partnership to provide property and casualty insurance products to EchoPark guests. Under the partnership, Matic’s innovative insurance marketplace of over 40 A-rated carriers will be […]

Ault Alliance’s Subsidiary BitNile, Inc. Has Received All 20,645 Bitcoin Miners from the First Five Contracts with Bitmain Technologies Limited

Company anticipates annualized revenue run rate from Bitcoin mining operations would increase from the current run rate of approximately $30 million to approximately $60 million from Bitcoin miners in possession once installed and energized LAS VEGAS–(BUSINESS WIRE)–$AP #0ver_20000_miners—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault,” or the “Company”) today announced that its […]

Juniper Research: Global Financial Crime Prevention Software Spend to Surpass $28 Billion by 2027, as FICO Ranked Market Leader

BASINGSTOKE, England–(BUSINESS WIRE)–A new Juniper Research study found that global software spend on financial crime prevention tools will exceed $28.7 billion by 2027, increasing from $22.1 billion in 2023. It predicted this growth of 30% will be driven by cybercriminals’ strategies of targeting the ever-growing transaction volume of payments over digital channels to maximise financial […]

GARP Launches New Chapter in Japan

Chapter to host inaugural Tokyo event on January 18 discussing climate risk JERSEY CITY, N.J.–(BUSINESS WIRE)–Adding to its global network of local risk communities, the Global Association of Risk Professionals (GARP) is announcing the establishment of a new Chapter in Japan, offering educational and networking opportunities for risk professionals in Japan to share best practices […]

PopID and Toshiba Global Commerce Solutions Partner to Deliver Biometric Enabled Point-of-Sale and Self-Checkout Systems

First Integrated Products to Be Demonstrated at NRF 2023 (Booth #3323) RESEARCH TRIANGLE PARK, N.C. & PASADENA, Calif.–(BUSINESS WIRE)–#YOUnifyingExperiences—PopID, a biometric fintech company, and Toshiba Global Commerce Solutions, retail’s first choice for unified commerce solutions, have announced a partnership to integrate PopPay into Toshiba’s front-end point-of-sale and self-service solutions running its ELERA Commerce Platform. PopPay […]

TeamApt Reaches an Annualized Payments Volume of $170 Billion, Rebrands to Moniepoint

QED-backed fintech consolidates offering and adopts name of its flagship product to support underserved businesses LONDON–(BUSINESS WIRE)–TeamApt Incorporated, the leading business banking platform in Nigeria, has adopted the name of its flagship product – Moniepoint, a testament to its success as the all-in-one digital banking solution for businesses across Nigeria. The Moniepoint brand is already […]

Launch of the Global Institute of Credit Professionals

LONDON–(BUSINESS WIRE)–The Global Institute of Credit Professionals (GICP) has launched today with the aim of becoming the preeminent industry body for credit professionals. It will enhance professional skills for credit market participants through its new flagship professional qualification, the Global Credit Certificate. Launched with the backing of Fitch Group, the GICP is responding to an […]

Built In Honors Fast Growing Fintech Company doxo in Its 2023 Best Places To Work Awards

doxo Lands on List for Fourth Year in a Row, Earns “Best Places to Work” and “Best Midsize Places to Work” on Seattle Rankings SEATTLE–(BUSINESS WIRE)–doxo today announced it was named to the Built In 2023 Best Places To Work Awards, earning a place on Seattle’s “Best Places to Work” and “Best Midsize Places to […]

Wescom Rings in the New Year by Launching a Special Green Vehicle Loan Discount

The 0.25% APR* auto loan discount encourages members to drive greener, helping the planet as well as their wallets PASADENA, Calif.–(BUSINESS WIRE)–Southern California-based Wescom Credit Union has announced a Green Vehicle Loan discount for the purchase or refinance of a qualifying electric or hybrid vehicle. This 0.25% APR* discount is on top of Wescom’s already […]

If You Can’t Beat ‘em, Join ‘em: 77% of Banks Feel Pressure to Collaborate With Fintechs That They View as a Threat to Their Existence

Sopra Banking Software’s Second Annual Digital Banking Experience Report Reveals That While Banks Still Hold 92% of Consumer Accounts, They Can’t Provide Competitive Banking Experiences on Their Own NEW YORK–(BUSINESS WIRE)–Sopra Banking Software (SBS), the global fintech company creating a new breed of banks to power financial services in every industry, today announced the findings […]

Bitrise Expedites Neo Financial’s Mobile App Build Time and Delivery

Bitrise Automates Mobile App Deployment for The Fintech Unicorn, Allowing It to Release Features Weekly to Apple and Android Marketplaces SAN FRANCISCO–(BUSINESS WIRE)–Bitrise, the Mobile DevOps company whose platform maximizes the overall business impact of apps for the world’s most sophisticated mobile organizations, today announced the results of its work to automate mobile app development […]

Ubiquity Retirement + Savings "State of the Industry" Survey Reveals Vastly Different Inflation Expectations Among Plan Sponsors and Financial Advisors in 20231

Respondents disclose a potential recession in 2023 is a top concern for retirement plan sponsors and financial advisors SAN FRANCISCO–(BUSINESS WIRE)–In an effort to provide valuable insights to the retirement industry, Ubiquity Retirement + Savings® (Ubiquity), conducted its independent inaugural “State of the Industry” survey which revealed concerns around the economy and its impact on […]

Group Vested Launches New Creative Services Platform, Finance Studio

New online creative studio provides flexible financial marketing at scale NEW YORK–(BUSINESS WIRE)–Group Vested, an award-winning global integrated financial services marketing and communications consultancy, is today announcing the launch of Finance Studio, a new online creative studio for financial companies. Developed and led by a team of Group Vested’s global integrated marketing professionals, Finance Studio […]

Plan Participants and Solopreneurs Focus on the Impacts of a Possible Recession, Inflation, and Low Investment Returns for 401(k)s in 20231

Ubiquity Retirement + Savings survey reveals how low economic sentiment is reshaping the retirement landscape SAN FRANCISCO–(BUSINESS WIRE)–Ubiquity Retirement + Savings® (Ubiquity) announces the results of its first “State of the Industry” independent survey, which polled over 600 plan participants and solo 401(k) users about retirement concerns for 2023. The survey found inflation concerns are […]

401(k) Plan Participants Rank Crypto Dead Last as Preferred Retirement Savings Asset1

Ubiquity Retirement + Savings survey reveals crypto is seen as risky SAN FRANCISCO–(BUSINESS WIRE)–Ubiquity Retirement + Savings® (Ubiquity) announces the results of its first independent “State of the Industry” survey, which polled 558 plan participants about their preferred retirement asset options for 2023. The survey found that only 3.5% of respondents selected crypto as one […]

Ubiquity Retirement + Savings “State of the Industry” Survey Reveals Top Concerns for Retirement Plan Decision Makers in 20231

Research suggests retirement plan offerings remain a valuable asset as inflation and recession fears loom SAN FRANCISCO–(BUSINESS WIRE)–Ubiquity Retirement + Savings’® (Ubiquity) first “State of the Industry” independent survey reveals rising inflation, an impending recession, and poor investment returns rank as top concerns among survey respondents. In its findings, the financial technology pioneer in flat-fee […]

Guidewire and Assurant Partner to Streamline Insurance Processes and Improve Customer Experience

Two new Guidewire Marketplace integrations will expedite availability of claim funds and automate homeowners insurance verification SAN MATEO, Calif. & NEW YORK–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and Assurant (NYSE: AIZ) announced that Assurant has joined Guidewire PartnerConnect as a Solution partner. With more than 40 years of experience in lender-placed insurance and related services, Assurant is […]

ZSuite Tech passes SOC 2® Type 2 examination

As regulators increase scrutiny on financial institutions and their vendors, the success of this examination proves ZSuite’s commitment to excellence in handling client and consumer data. WESTWOOD, Mass.–(BUSINESS WIRE)–#Fintech—ZSuite Tech (ZSuite), a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, sub-accounting, sub-ledgering, FBO, and trust accounts for commercial customers, today […]

Goodville Mutual Selects Origami Risk Core Platform to Drive Speed and Efficiency; Facilitate Growth

Insurer Leveraging Origami’s Multi-Tenant SAAS P&C Insurance Solution to Streamline Policy Admin, Billing Across Expanding Commercial and Personal Coverage Lines NEW HOLLAND, Pa.–(BUSINESS WIRE)–#CoreSolutions–Goodville Mutual Insurance Group has selected Origami Risk’s multi-tenant SAAS P/C platform for policy administration and billing to drive speed, efficiency and facilitate growth across its expanding commercial and personal property and […]

Gradient AI Recognized by Built In for Two 2023 Best Workplace Awards

Selected Among the Best Places to Work, Best Start-ups to Work for in Boston BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced it was recognized by Built In’s 2023 Best Places to Work Awards in two categories. Gradient AI earned the following awards: Best […]

Zenbase Partners With Mainstreet Equity to Offer Their Residents Flexible Rent Payments

CALGARY, Alberta–(BUSINESS WIRE)–#ESG–Zenbase has partnered with Mainstreet Equity (TSX: MEQ) to offer flexible rent payment options to all residents across its over 16,500 units across British Columbia, Alberta, Manitoba, and Saskatchewan. Zenbase is a leading provider of flexible rent payments, and their personal budgeting tool allows residents to split their monthly rent into two payments. […]

Habytat by SmarterVerse Names Wachsman Communications Agency of Record

NEW BRUNSWICK, N.J.–(BUSINESS WIRE)–DatChat, Inc. (Nasdaq: DATS), a secure messaging, metaverse, and social media company focused on protecting privacy and user information, today announced the appointment of global strategic communications firm Wachsman as agency of record for its subsidiary, Habytat by SmarterVerse. “Habytat by Smarterverse’s mission is to bring the benefits of the metaverse to […]

Arc Launches Advance Plus, Bridging the Gap Between Traditional Venture Debt and Revenue-Based Financing

The launch expands Arc’s suite of dilution-free funding, digital banking and spend management tools built to accelerate access to growth capital for startups SAN FRANCISCO–(BUSINESS WIRE)–Arc, the future of startup finance, announced the launch of Advance Plus, a new form of hybrid financing that bridges the gap between traditional venture debt and revenue-based financing available […]

SRM Predicts FIs to Focus on Deposits and Investing in Fintech and ITMs in 2023

MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, today shared commentary on the trends it predicts will make the most-significant impacts in 2023. Staffing challenges will persist. Financial institutions must have comprehensive plans for retaining and attracting revenue producers when there is […]

Frontier Asset Management Partners with 55ip to Provide ActiveTaxSM Technology on Risk-Based ETF Strategies

SHERIDAN, Wyo.–(BUSINESS WIRE)–Frontier Asset Management and 55ip announced today a partnership to incorporate 55ip’s personalized tax management technology into Frontier’s downside-risk managed ETF Strategies. With this new partnership, financial advisors can easily and tax-efficiently transition clients into Frontier’s ETF Strategies using 55ip’s ActiveTaxSM Technology. The solution will help advisors provide ongoing, automated tax-loss harvesting, trading, […]

OrangeGrid Enables Mortgage Servicers to Manage Entire Vendor Supply Chain Through its Newly Released GridSource

DALLAS–(BUSINESS WIRE)–OrangeGrid, a provider of mortgage servicing software, announces it has released a new environment, GridSource, that connects all vendor types to its default suite of products included in their mortgage servicing platform. GridSource simplifies vendor management processes, offers additional oversight of vendor’s task load to ensure they are completing assigned tasks on schedule, and […]

Energy Costs Fuelling Crisis in Europe Still a Critical Concern for Businesses Globally – Taulia

SAN FRANCISCO–(BUSINESS WIRE)–More than a third of businesses (35%) have said that the heightened cost of energy is their greatest concern, as the effects of high inflation bite globally, according to survey data from working capital solutions business Taulia. The research, carried out amongst more than 500 senior financial decision makers at large companies in […]

FundingShield Announces $670 Billion in Mortgage Related Payments Secured in 2022, 63% Client Growth in 2022, and CEO Ike Suri Appointed to California Mortgage Bankers Association Board

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–#cybersecurity—FundingShield announced that its CEO, Ike Suri, has been appointed as a board member to the California Mortgage Bankers Association (“CMBA”), the country’s largest state level Mortgage Finance Association. The appointment of Ike Suri comes at a time when the mortgage market is seeking further efficiencies driven by technology to manage cost, […]

e.pop Surpasses $2 Million in Funding with Seed Round to Transform Retail

Latest round brings total capital raised to over $2 million. Funding will fuel operational expansion and hiring, enrich data aggregation and customer behavior analytics for merchant solution as well as facilitate further payment integrations. NEW YORK–(BUSINESS WIRE)–#RedoReceipts–e.pop, a smart receipt fintech with a mission to transform the payment ecosystem for merchants and consumers and eliminate […]

Lockstep Introduces Free, Self-Service Portal for Accounting Teams

Connected accounting pioneer provides only free online portal to help accounting teams close books even faster. SEATTLE–(BUSINESS WIRE)–Lockstep, the connected accounting network, today announced Lockstep Self-Service, the latest application in the Lockstep Suite. Lockstep Self-Service provides customers and vendors with immediate access to reconcile their statement, download important documents, view transaction history, and export accounting […]

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