Business Wire

Akoya adds JPMorgan Chase to its Data Access Network

The Akoya Data Access Network gains significant scale with addition of a leading U.S. bank Chase customers will be able to securely share data with apps and services through Akoya BOSTON–(BUSINESS WIRE)–Akoya LLC announced today that JPMorgan Chase has joined the Akoya Data Access Network. Fintechs, data aggregators and other data recipients can now request […]

Access Softek Signs a Record Nine Clients in Q4 2020

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking platform provider, had a productive and successful Q4 2020, signing nine credit unions to the company’s digital banking platform. As the importance of digital banking continues to increase, credit unions need access to the best online and mobile solutions for members. Eight of the nine credit unions […]

Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards

Bank On certifies the Cashback Debit account from Discover because of its no fees and online capabilities RIVERWOODS, Ill.–(BUSINESS WIRE)–Cashback Debit, the online checking account from Discover, was recently certified by the national nonprofit organization, Cities for Financial Empowerment (CFE) Fund. The CFE Fund’s mission is to improve the financial stability of low and moderate […]

iCapital Network® and CAIA Association Partner to Launch AltsEdgeTM – an Alternative Investing Education Program for Financial Advisors

Innovative education initiative offers research-based, CE-accredited modules to prepare advisors to optimize the use of alternatives in client portfolios NEW YORK–(BUSINESS WIRE)–#alternativeinvesting—iCapital Network1, the global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global […]

Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card

Collaboration of Mastercard, Central Bank of The Bahamas and Island Pay gives people additional option to use The Bahamas Sand Dollar central bank digital currency PURCHASE, N.Y. & NASSAU, Bahamas–(BUSINESS WIRE)–Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new […]

Financial Health Startup SeedFi Launches and Announces $65 Million in Funding to Help Underserved Americans Build Credit and Savings to Accelerate Their Economic Progress

Andreessen Horowitz General Partner Angela Strange Joins Board of Fintech Company After Leading Series A Round SAN FRANCISCO–(BUSINESS WIRE)–SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity and $50 million […]

SHAZAM Selected to Help Shape the Future of Instant Payments

DES MOINES, Iowa–(BUSINESS WIRE)–SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, has been selected to participate in a pilot program to guide development of the Federal Reserve’s instant payments offering, the FedNowSM Service. FedNow will offer community financial institutions another network through which to access faster payments infrastructure. The FedNow Service […]

Basware Named a Leader in IDC MarketScape Procure-to-Pay Assessment

ESPOO, Finland–(BUSINESS WIRE)–#accountspayable—Basware (Nasdaq: BAS1V) is recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2021 Vendor Assessment (doc #US45015519, February 2021). To be included in the IDC MarketScape assessment, vendors’ offerings must be “SaaS” or “cloud-enabled;” meet the IDC MarketScape definition of procure-to-pay (P2P); have procurement technology that encompasses […]

Luma Financial Technologies Signs Credicorp Capital

Top Structured Product and Annuities Platform Continues to Expand Its Presence in Latin America CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that Credicorp Capital, a leading financial firm located throughout Latin America with a strong presence in Peru, Chile, Colombia, and The United States through its subsidiary […]

Mercury Digital Assets to Power Enigma Securities’ Trading of Crypto Derivatives

Mercury’s bespoke integrated solution will allow Enigma to quickly grow its footprint in the accelerating market segment CHICAGO–(BUSINESS WIRE)–#crypto—Mercury Digital Assets (“Mercury”), a technology provider for digital asset markets, today announced it is providing a platform solution to Enigma Securities (“Enigma”) for trading crypto derivatives. The customized platform is launching with options and futures products […]

Morgan Stanley Selects 11 Startups for 5th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

Selected from over 700 applicants globally, the 2021 winter cohort startups include ABF Creative, Abode Technologies, Cognitive ToyBox, Elly Health, Fashion Bomb Daily Shop, Kanarys, Lillii RNB, SecondKeys, SupportPay, Virtual i Technologies, and Zirtue – companies with innovative strategies across sectors such as fintech, edtech, e-commerce, social networking, medtech, retail tech and enterprise software Morgan […]

Enhancing Lives With More Credit: Northern Hills Federal Credit Union Selects Scienaptic’s AI-powered Credit Decisioning Platform

Credit union expects to approve more loans to underserved members and streamline lending processes NEW YORK–(BUSINESS WIRE)–Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Northern Hills Federal Credit Union. This deployment will enable Northern Hills FCU to use AI to make sharper credit decisions and assist […]

 DigiPli Launches Holistic Anti-Money Laundering Solution and Welcomes Two Advisory Board Members

 End-to-End AML and KYC Solution Revolutionizes How Fintechs Onboard Customers JERSEY CITY, N.J.–(BUSINESS WIRE)–Founded by seasoned compliance veterans, DigiPli is transforming Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for FinTechs and other financial services firms. Today, DigiPli is pleased to announce the official launch of its holistic Onboarding-as-a-Service solution, which addresses a financial […]

Vienna Insurance Group’s Digital Start-up, Beesafe, Achieves Rapid Four-month Guidewire Deployment in Midst of Global Pandemic

Polish insurance brand offers 21st century business model, state-of-the-art IT architecture, and unique customer proposition WARSAW & LONDON–(BUSINESS WIRE)–Beesafe, the digital brand of the Vienna Insurance Group’s (VIG) Polish subsidiary, and Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that Beesafe has deployed Guidewire to […]

FlexNOW, FlexTrade’s Cloud-based EMS, Empowers Global Equity and Futures Trading for Lyxor Asset Management, One of France’s Largest AM

LONDON–(BUSINESS WIRE)–#cloudtechnology–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announces Lyxor Asset Management adoption of FlexNOW EMS, which combines the best of cloud, desktop, mobile and API technology. FlexNOW gives Lyxor’s traders the power and flexibility to transition seamlessly between the different challenges in today’s working conditions. The ability to […]

ACI Worldwide and Auriga Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform

New platform improves omni-channel experience for consumers, including self-service channel integration with mobile and internet banking OMAHA, Neb.–(BUSINESS WIRE)–#banking—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a partnership with Auriga, a market leader for omni-channel banking and payment systems. The companies will launch a next-generation ATM […]

Workiva Upgrades All Customers to its Next Generation Cloud Platform

Workiva Cloud Platform Allows for Rapid Development and Deployment of New Solutions and Capabilities, Enabling Organizations to Simplify More of Their Complex Work AMES, Iowa–(BUSINESS WIRE)–$WK #100BestCos—Workiva Inc. (NYSE:WK), the company that simplifies complex work, today announced that it has upgraded its entire global customer base to its next generation Workiva Cloud Platform. The new […]

BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Six Municipal Closed-End Funds

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock Massachusetts Tax-Exempt Trust (NYSE: MHE), BlackRock MuniYield Arizona Fund, Inc. (NYSE: MZA), and BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY), the requisite votes of shareholders of MQY have approved the reorganization of each of MHE, MZA, […]

Transact and Southeast Missouri State University to Share Insights During University Business Web Seminar, ‘Campus Digital Transformation: Digital Payments and Commerce for Virtual Learning Environments and Beyond’

Free Discussion on Feb. 17, 2021 at 2 p.m. EST PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech—Transact and Southeast Missouri State University will share their experience and insights on digital payments and commerce for virtual learning environments during a University Business Web Seminar titled, “Campus Digital Transformation: Digital Payments and Commerce for Virtual Learning Environments and Beyond.” The free […]

Next-generation Data Management Platform Solidatus Raises £14 Million in Series A Funding

Solidatus rapidly delivers a trusted 360 view of an organisation’s data flows, enabling insightful, sustainable and impactful data management Solidatus has raised £14m in Series A funding following a successful year which saw it double in size, quadruple in revenue, and boost expansion into the US and Asia B2B enterprise fund AlbionVC led the round, […]

WEX Announces Redemption of Notes

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, announced today that it will redeem its outstanding $400 million 4.75% Senior Secured Notes due February 1st, 2023 (the “Notes”) on March 15, 2021. The Company has already sent notice to The Bank of New York Mellon Trust Company, N.A., the trustee for the Notes, […]

Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management

LOS ANGELES–(BUSINESS WIRE)–#AutoFinance–Westlake Technology Holdings reports 14.7% growth over 2019 ending 2020 at $12.14 billion in total managed assets. The company directly attributes this success to the dedication of its employees. Despite the challenges of the COVID pandemic, their employees quickly adapted to remote work and persevered through the year – allowing the company to […]

Transact’s Practices for Security, Confidentiality and Availability Stand up to Scrutiny as Company Successfully Completes Annual SOC 2 Type 2 Examination, PCI DSS Assessment, and Penetration Tests

Company Renews Commitment to Data Security, Confidentiality, and Availability With Audits and Certifications for SOC 2 Type 2, PCI DSS, Level 1 Service Provider Under VISA CISP and MasterCard SDP, NACHA ACH Validation PHOENIX, Ariz.–(BUSINESS WIRE)–#compliance–While the pandemic environment has introduced new security risks and elevated current ones, Transact’s practices for security, confidentiality and availability […]

MassHousing Extends Sagent Partnership For 3 Years to Automate the Future of Mortgage Loan Servicing

After stabilizing consumers in 2020 pandemic, MassHousing and Sagent lock in three-year partnership to tackle next chapter in mortgage servicing KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a three-year partnership extension with MassHousing. The extension represents an eight-year collaboration on […]

Kasasa Partners with NYDIG to Provide Bitcoin Wallet Capabilities to Community Financial Institutions

AUSTIN, Texas–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, has partnered with NYDIG to bring Bitcoin offerings to its network of community institutions and their consumers. “Since Kasasa’s inception, it has proven to be an industry leader in helping financial institutions innovate and stay ahead of the curve,” said Patrick Sells, Head of Bank […]

Kraken Backs Launch of Venture Capital Fund

Fund to power next wave of crypto and fintech innovation SAN FRANCISCO–(BUSINESS WIRE)–Kraken Digital Asset Exchange, one of the world’s largest cryptocurrency exchanges, today announced its backing of the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. The fund will invest in the […]

2021 FIS Fintech Accelerator Accepting Applications

Key facts: Ten growth-stage fintech startups will be selected and will present their solutions to more than 100 leading financial institutions, potential investors and industry participants. April 9 is the deadline to apply for the 2021 FIS Fintech Accelerator. 12-week program will again be conducted virtually in 2021. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: […]

Finicity Promotes FCRA Accountability for Financial Data Aggregators

Finicity releases detailed analysis affirming that data aggregators should be deemed CRAs and subject to FCRA requirements SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, has produced a detailed white paper with analysis showing why the Fair Credit Reporting Act (FCRA) should apply to providers of data aggregation services […]

ACI Worldwide and Gilbarco Collaborate to Provide Secure, Flexible and Reliable Payments Infrastructure for Fuel, Grocery and Convenience Stores

Joint point-to-point encryption (P2PE) security solution to combat fraud in advance of EMV liability shift OMAHA, Neb.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Gilbarco Veeder-Root, the worldwide leader for retail and commercial fueling operations, announced today that they are collaborating to jointly certify the ACI […]

Kube Partners’ Detector R2 Add-on for ClaimCenter Now Available in Guidewire Marketplace

Kube Partners’ Detector R2 Ready for Guidewire add-on to help insurers counteract insurance fraud MONZA, Italy, & LONDON & SAN MATEO, Calif.–(BUSINESS WIRE)–#First100SolutionPartners–Kube Partners, an international consultancy and software application company with a focus on the insurance and banking industries, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and […]

IDEMIA Announces Corporate Partnership With Fintech Australia

SYDNEY–(BUSINESS WIRE)–IDEMIA, the global leader in Augmented Identity, has signed a corporate partnership with Fintech Australia, a trade association that seeks to boost growth of the country’s Fintech ecosystem. As a global leader in payment card issuance, payment solutions, security and identity management technologies, IDEMIA will draw on its best-in-class R&D and experience to provide […]

PCBB Expands International Wire Capabilities with WireXchange: FX Integration

First bankers’ bank to directly integrate with WireXchange®: FX from Fiserv, providing greater availability of international banking services to community financial institutions WALNUT CREEK, Calif.–(BUSINESS WIRE)–PCBB is the first bankers’ bank to directly integrate to WireXchange: FX from Fiserv, a web-based solution that enables financial institutions to complete end-to-end international wire transfers seamlessly. PCBB is […]

Bank of America Community Development Banking Provided Record $5.87 Billion in Lending and Investing in 2020, Shattering Previous Year’s Record $4.88 Billion

NEW YORK–(BUSINESS WIRE)–Bank of America Community Development Banking (CDB) provided a record $5.87 billion in loans, tax credit equity investments, and other real estate development solutions, surpassing last year’s record of $4.88 billion. CDB deployed $3.62 billion in debt commitments and $2.25 billion in investments to help build strong, sustainable communities through affordable housing and […]

TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores

Barclays and KB Investment invest in credit card startup that approves first-time borrowers such as international students and young adults, based on real-time cash flow, not credit score SAN FRANCISCO–(BUSINESS WIRE)–TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed funding round, with […]

Rest Super Selects Charles River IMS to Streamline Front and Middle Office Operations

MELBOURNE, Australia–(BUSINESS WIRE)–#fintech—Charles River Development, a State Street company, today announced that Retail Employees Superannuation Trust (Rest), one of Australia’s largest industry superannuation funds with approximately 1.8 million members, has selected the cloud-based Charles River Investment Management Solution (Charles River IMS) to consolidate their front and middle office operations for managing asset allocation, global equities, […]

NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners

Record Investment to Fuel New Era of Growth in Financial Services MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners – notable for backing ScaleUp SaaS companies with capital and operational support. Nymbus will leverage the latest funds to empower financial institutions […]

Fiserv Helps More Businesses Get Back2Business with Expanded Commitment to Minority-owned Small Business Community

Company designates $50 million for its Back2Business program, designed to help small minority-owned businesses affected by COVID-19 pandemic, and associated initiatives BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that is has designated $50 million for investment in its Back2Business program and associated initiatives, […]

Introducing OptioLend, an Automated Online Marketplace for Commercial Real Estate Financing

Platform streamlines cumbersome loan process; offers borrowers and brokers access to thousands of capital sources to secure better deal terms COLUMBUS, Ohio–(BUSINESS WIRE)–OptioLend, an online commercial real estate (CRE) lending marketplace, launched today to dramatically improve the loan application and financing process for borrowers, brokers and lenders. The platform’s launch coincides with an increase in […]

G2 Reveals Best Software Companies for 2021: GoCardless Earns Multiple Spots on Prestigious List

Recurring payments leader places #2 for Best Finance Product and #17 for Best Software in EMEA as part of new rankings in the annual G2 Best Software Awards, the largest software marketplace and review platform SAN FRANCISCO–(BUSINESS WIRE)–GoCardless, the leading fintech for recurring payments, today announced that it has been recognized as one of G2’s […]

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