Business Wire

Ubiquity Retirement + Savings® Selected for Plan Administration and Recordkeeping of Sallus Retirement’s Pooled Employer Plan

Sallus Retirement’s pooled employer plan will utilize Ubiquity’s digital, cloud-based platform to offer small businesses a low-cost 401(k) option SAN FRANCISCO–(BUSINESS WIRE)–Small business retirement plan pioneer Ubiquity Retirement + Savings® (Ubiquity) has been selected by Sallus Retirement, LLC (Sallus Retirement), an independent professional fiduciary and retirement pooled plan provider (PPP), to be the 3(16) plan […]

Majesco Digital Customer360 for P&C Recognized in Aite-Novarica Group’s A Digital FNOL Market Overview: First Impressions Last Report

New report looks at digital FNOL capabilities across 18 vendors helping to transform the claims process with new technologies MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announce that Majesco Digital Customer360 for P&C has been profiled in Aite-Novarica Group’s A Digital FNOL Market Overview: First Impressions […]

Lexop Completes SOC 2 Type I Certification Solidifying Commitment to Collections Security and Compliance

MONTREAL–(BUSINESS WIRE)–Lexop, a fintech startup whose platform allows enterprises to collect on past-due accounts seamlessly, is pleased to announce its SOC 2 Type I completion and certification. The independent audit conducted by Deloitte verifies Lexop’s ongoing commitment to maintain and provide the most stringent security and privacy controls for its customers. With cybersecurity and financial […]

Earnix Enhances its Rating and Pricing Solutions to Maximize Transparency and Governance

This new feature is a part of Earnix’s effort to continuously improve its system aimed at helping insurers and banks provide faster and smarter personalized products to consumers BOSTON–(BUSINESS WIRE)–#Earnix–Today, Earnix, a leading provider of advanced rating, pricing and product personalization solutions for insurers and banks, announced robust enhancements to the rating and pricing system […]

Two-Thirds of Younger Homeowners Surveyed Plan to Renovate This Year, With Peaks in Home Equity Creating More Opportunity to Invest in Homes

CHARLOTTE, N.C.–(BUSINESS WIRE)–With home buying increasingly competitive and the nation’s housing inventory aging, two-thirds of younger homeowners surveyed plan to renovate this year, according to Bank of America’s 2021 Homebuyer Insights Report: Home Improvement and Equity Spotlight. Increasingly, they have the ability to do so, with real home equity reaching a new peak of $20.2 […]

BigCommerce Partners With Sezzle Inc. as its New Preferred Buy Now, Pay Later Partner

As installment plans grow in popularity, BigCommerce merchants will now have access to an easy-to-use buy now, pay later program for a wide range of customers, including high-risk borrowers AUSTIN, Texas–(BUSINESS WIRE)–BigCommerce (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced fintech company Sezzle Inc. as a new preferred […]

Fifth Third Completes Acquisition of Provide, a Fintech Company Serving Healthcare Practices Nationally

Adds Innovative National Digital Capabilities and Team, Accelerating Digital Transformation CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (NASDAQ: FITB) today announced it has closed on the acquisition of Provide, a digital platform for healthcare practices. “Provide enables us to deliver a client experience that allows healthcare providers to focus on what they do best—providing the care their patients […]

First Bank Improved Compliance While Delivering a Better Customer Experience With FINBOA Regulation E Dispute Tracking

Community bank partners with fintech provider to digitally transform their back-office operations HOUSTON–(BUSINESS WIRE)–First Bank continues to benefit from the successful implementation of Regulation E (Reg E) Dispute Tracking with FINBOA, a leading innovator in digital process automation, regulatory compliance and enhanced customer experiences. With 12 branches in Indiana and Illinois, First Bank required a […]

Signature Bank of Arkansas Chooses CSI’s NuPoint Core to Fuel Growth with Innovative, Integrated Bank Technology

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Fayetteville, Arkansas-based Signature Bank of Arkansas ($753 million in assets) has selected its NuPoint® core platform to consolidate all of their banking technology into a single platform that will fuel the bank’s growth over the next decade. […]

SoftServe Opens New Office in Dubai

New office part of company’s Middle East go-to-market strategy, will support clients in retail, financial services, and energy sectors DUBAI, United Arab Emirates–(BUSINESS WIRE)–#Dubai—SoftServe, a leading global digital authority and consulting company, has opened a new office in Dubai as part of its initiative to support the rapidly expanding user base in the Middle East. […]

Alliant Credit Union Eliminates Overdraft Fees

The $14 billion “challenger bank” continues to put members first; non-sufficient funds charges also eliminated CHICAGO–(BUSINESS WIRE)–Today Alliant, an award-winning digital credit union, announced it will eliminate overdraft fees and non-sufficient funds fees on all checking and savings accounts, making it one of the largest financial institutions to do so. This change marks the latest […]

Capitalize Announces New Partnership With The Mom Project to Support and Empower Mothers Through Retirement Planning

NEW YORK–(BUSINESS WIRE)–Capitalize, the first independent platform to transfer retirement assets, and The Mom Project, the leader in helping businesses attract and retain female talent, today announced a new partnership to help the organization’s talent base find and consolidate their retirement accounts. Under the terms of the partnership, The Mom Project community of 500,000 women […]

Acima Launches New, Digital Ecosystem to Lease Retail Products

New technologies give underserved consumers unprecedented access to lease durable goods under flexible LTO transactions with Acima and provide growth opportunities for retailers PLANO, Texas–(BUSINESS WIRE)–Acima, a virtual lease-to-own (LTO) Fintech business of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), today launched new game changing LTO technologies that will empower underserved consumers and remove transaction barriers between these […]

Liquidity Capital Provides Avaamo With a $7M Facility Within 24 Hours Using “DYNAMiCs” Platform

NEW YORK–(BUSINESS WIRE)–Liquidity Capital, the global fintech and fund manager, today announced the closing of a $7M credit facility for deep-learning software company, Avaamo; a deal that took 24 hours to complete thanks to Liquidity Capital’s disruptive DYNAMiCs platform. Liquidity Capital’s DYNAMiCs platform uses machine learning technology to process due diligence and investment data in […]

Excellerant Appoints Mirsad Devic as CEO; Ramps up Investment Drive Into High Growth Fintech and Healthtech Assets

BRUSSELS–(BUSINESS WIRE)–Excellerant Inc. (EXCL:OTC US), a technology focused investment holding company, today announced the appointment of Mr. Mirsad Devic as CEO as the company ramps up its investment activities in Europe and the US markets. Mr. Devic brings to the role more than 20 years of management experience having worked at the crossroads of technology, […]

Credit Union of Colorado Chooses Scienaptic’s AI-Powered Platform to Deliver Better, Faster, More Personalized Credit Decisions

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Credit Union of Colorado has selected its AI-powered platform. The implementation will enable the credit union to make stronger, faster credit decisions and enhance financial options for its members. Founded in 1934, Credit Union of Colorado was initially established to support state […]

DucatusX Begins Trading on Pancake Swap

The digital token focused on powering an entire economy on cryptocurrency NEW YORK–(BUSINESS WIRE)–#Ducx–Ducatus, a FinTech start-up whose vision is to make user-oriented blockchains available to everyday people, announced that its DucatusX (DUCX) token will begin trading on Pancake Swap today. The company is working towards realizing a purely cashless economy where digital payments are […]

ICE Reports Record Futures Open Interest of 48 Million Contracts

Record liquidity across diverse asset classes LONDON & NEW YORK & AMSTERDAM–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record total futures open interest of more than 48 million contracts on July 27, 2021. Open interest across ICE’s global environmental complex hit a record 2.86 million […]

Trading.TV Launches Out of Stealth with $6.1 Million in Seed Funding to Support Financial Creators

Trading.TV Is the First And Only Fintech Platform Purpose Built for the Creator Economy NEW YORK–(BUSINESS WIRE)–Trading.TV, the world’s first social livestream and immersive chat platform for traders and financial content creators, announced today the launch of its platform, closed beta and a $6.1M seed funding round led by L Catterton Growth, Activant, Navy Capital […]

QuoteToMe Lands $2.5 Million in Venture Funding

Construction-Focused VCs Lead the Funding Round With User Savings up to 15%, QuoteToMe Offers the Real Promise of Digitizing the Procurement of Construction Materials & Accounting Reconciliation EDMONTON, Alberta–(BUSINESS WIRE)–QuoteToMe, which is digitizing the construction industry’s procurement and financial processes, today announced it has funded a fully subscribed VC investment round of $2.5 million (CAD). […]

Wolters Kluwer FRR Announces Varo® Bank as OneSumX for Regulatory Reporting Customer

NEW YORK–(BUSINESS WIRE)–#FRR—Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR), today announces Varo® Bank, N.A. as a new customer. Varo, the first consumer fintech in US history to be granted a national bank charter, has successfully filed regulatory reports using Wolters Kluwer’s OneSumX for Regulatory Reporting software. OneSumX for Regulatory Reporting combines bank data into […]

Juniper Square Launches Institutional Reporting, a Revolutionary Investment Data Network That Allows General Partners to Efficiently Address Limited Partner Reporting Needs

Game-changing solution streamlines institutional investor reporting with a centralized record of performance and asset data that GPs manage and control SAN FRANCISCO–(BUSINESS WIRE)–#CRE—Juniper Square, the leading provider of investment management solutions for commercial real estate (CRE), today announced the launch of Institutional Reporting, the industry’s first networked reporting system designed to unite institutional LPs and […]

QuadraGen Announces the Launch of Its Next Generation Commercial Loan Processing SaaS Platform and Edward Ho Joins As Chairman

QuadraGen is an early stage company helping to transform commercial lending for financial institutions worldwide NEW YORK–(BUSINESS WIRE)–QuadraGen announces the launch of its next generation commercial loan servicing SaaS platform to help financial institutions transform their complex loan processing capabilities. The QuadraGen Platform supports various areas of loan operations, enabling more efficient and effective processing […]

Another Record-Breaking ABS Transaction and a New Milestone for LendingPoint

LendingPoint closes its largest ABS issuance ever, which increases its total issuance amount to over $3 billion KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, a financial technology platform, today announced the closing of its largest securitization to date: LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”), which was $542,360,000 in size, rated by KBRA, and backed by a pool of […]

StoryTrading Partners With FS Vector to Establish Guidelines for Ethical Collaboration, Demonstrating Moral Commitment to Community of Investors and Traders

— New Platform Adheres to Strong Values When Making Sense of Financial Markets — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders by understanding the story behind the trade, today announced it has partnered with fintech strategic advisory firm FS Vector to establish Guidelines for Ethical Collaboration among those […]

Socure Reinvents KYC Accuracy and Coverage, Delivering Up to 94% Customer Approval Rates For Hard-to-Identify Populations, Including Gen Z, Millennials, and New-to-Country

Socure announces industry-first capabilities, including eCBSV support as part of an integrated KYC solution and hyper-accurate address normalization, as well as SSN pre-fill for improved customer experience NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading provider of digital identity verification and trust solutions, today introduced several technologies as it further expands its KYC solution, currently used by top […]

AtScale AI-Link Connects Business Intelligence and Enterprise AI with Semantic Layer to Scale Augmented Analytics and Data Science

Python-based Access to Governed Source of Enterprise Metrics and Data Models BOSTON–(BUSINESS WIRE)–AtScale, the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced the availability of AtScale AI-LinkTM. AI-Link provides a python interface to AtScale, rich with business context and metrics, to connect data science and augmented analytics […]

REPAY Provides Integrated Payment Processing for Provana Customers

The integration automates processes and increases control of payment methods on Provana’s repayment platform ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Provana, a leading platform for credit and collections process management. Through the integration, Provana customers can now leverage REPAY’s payment processing […]

First State Bank Streamlines Digital Presentment with HC3

– Texas’ oldest state bank utilizes HC3 to enhance customer experience through communications – BIRMINGHAM, Ala.–(BUSINESS WIRE)–In an effort to improve digital customer experience, Gainesville, Texas-based First State Bank ($1.4 billion in assets) partnered with HC3, a data-driven tech company delivering customer communications, to refresh all digital presentments. Through the implementation of HC3’s services, First […]

Pentadata Announces Open Finance Integration with Akoya

Pentadata partners with Akoya to expand API-based data connections to several of the largest North American banks SAN FRANCISCO–(BUSINESS WIRE)–Pentadata Inc., leading the industry with the first fully secured API-based financial data platform, today announced it has signed an agreement to use the Akoya Data Access Network. Known for supporting data developers with building fintech […]

Mogo Subsidiary Carta Powering Public Health Initiatives in the United Kingdom

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announces that its wholly owned subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is powering key public sector payment initiatives in the United Kingdom (“UK”) in partnership with leading payments solutions provider allpay, the UK market […]

KBRA Analytics Releases The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show

NEW YORK–(BUSINESS WIRE)–KBRA Analytics releases this month’s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month’s newsletter, Bank Treasurers Wish They Could Fly, reviews highlights from the Q2 2021 earnings results reported this month by the banking industry, focusing as usual on the treasury strategy it […]

MAXEX Provides Liquidity for Non-Owner Occupied and Second Home Loans

ATLANTA–(BUSINESS WIRE)–MAXEX, the first digital mortgage exchange for buying and selling residential loans through a single clearinghouse, announced today that the company has continued to expand the number of liquidity options available for mortgage lenders impacted by changes to the government sponsored enterprises (GSE) cap for non-owner occupied (NOO) and second home loans. The Federal […]

Bookkeeper360 Launches AI-Powered Marketplace and Brex Integration to Help Small Businesses Grow Effectively

NEW YORK–(BUSINESS WIRE)–Bookkeeper360 has proudly announced the launch of its new Bookkeeper360 App Marketplace and Brex Integration. Bookkeeper360 is an emerging fintech accounting solution for small businesses. This all-new AI-powered marketplace is designed to help business owners access a wide range of financial and technological solutions such as capital, business services, and payroll that are […]

Steven A. Sugarman Speaks at 74th Annual NAREB Convention on Expanding Black Homeownership

CLEVELAND–(BUSINESS WIRE)–#banking–The Change Company, America’s Community Development Financial Institution (CDFI), announced today that its founder Steven Sugarman presented to the 74th Annual National Association of Real Estate Brokers (NAREB) Convention in Cleveland, Ohio. Mr. Sugarman spoke during the Legislative Forum and discussed the unique opportunity for advocacy that exists for NAREB and The Change Company […]

Workiva Extends Value of Cloud Platform with Launch of New SaaS Marketplace

Workiva Marketplace debuts with both Workiva-built and partner offerings that simplify complex reporting and compliance problems AMES, Iowa–(BUSINESS WIRE)–$WK #Accounting—Workiva Inc. (NYSE:WK), today launched The Workiva Marketplace, filled with more than 140 Workiva-built and partner templates, services and 60 no-code connectors that streamline existing processes and solve new business problems all within the Workiva cloud […]

Ripple Launches On-Demand Liquidity with SBI Remit to Accelerate and Grow Cross-Border Payments from Japan

Partnering with and SBI VC Trade, SBI Remit Will Deliver a Superior Customer Experience with Faster and Cheaper Remittances Starting in the Philippines SAN FRANCISCO & TOKYO–(BUSINESS WIRE)–Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced today the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in […]

Transact Releases New Emergency Hotline Capabilities As Colleges Prepare to Welcome Students Back to Campus

Mobile Tool Provides Safety, Suicide Prevention Information at Students’ Fingertips PHOENIX–(BUSINESS WIRE)–#backtoschool—Transact, the leader in innovative credential and payment solutions for a connected campus, today announced the release of a new mobile feature that gives college students emergency hotline and suicide prevention information at their fingertips. This addition to Transact’s mobile credential platform comes at […]

KFC Foundation Teams Up with SaverLife to Offer KFC Restaurant Employees New Personal Finance Program

MyChange with SaverLife is designed to help KFC® restaurant employees across the country build short-term emergency funds and personal savings SAN FRANCISCO–(BUSINESS WIRE)–Today, the KFC Foundation, an independent 501c3 non-profit organization primarily funded by KFC franchisees, in partnership with SaverLife, a national non-profit fintech company that helps working families achieve prosperity through savings, announced the […]

LifeYield Partners With White Glove to Create Tech-Integrated Prospecting Seminar

BOSTON–(BUSINESS WIRE)–Modern marketing and prospecting strategies for financial advisors must speak directly to the immediate needs of investors. To help advisors connect with the unprecedented wave of investors seeking help with retirement income, LifeYield will make its Social Security optimizer and tailored seminar material available through White Glove, a digital marketing company specializing in planning, […]

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