Business Wire


Members Heritage Credit Union Implements Access Digital from Access Softek to Modernize their Digital Banking Platform and Improve Security

-Access Digital provides the credit union’s members with a modern, unified user experience for mobile and online banking with advanced security and fraud protection features- BERKELEY, Calif.–(BUSINESS WIRE)–Lexington, Ky.-based Members Heritage Credit Union has selected Access Softek, an innovative digital banking platform provider, to modernize and significantly improve their mobile and online banking channels. The […]

Travelex Bank Eyes Growth With ThetaRay AI-Powered Payment Monitoring

SONAR AML solution for transaction monitoring and sanctions list screening detects the earliest signs of financial crime SAO PAULO & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Travelex Bank, Brazil’s largest foreign exchange specialist, is preparing for a growth spurt across its money transfer business following the implementation of ThetaRay’s SONAR anti-money laundering (AML) SaaS solution […]

Intuit’s Third Annual Prosperity Accelerator Aims to Spur Growth for Greater Toronto Area Fintechs

Calls for submissions open for the program designed to advance financial prosperity of Canadians by accelerating growth, impact, and fundability of Toronto area startups TORONTO–(BUSINESS WIRE)–Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today the launch of its third annual Intuit Prosperity Accelerator in collaboration with […]

BitNile Holdings Announces It Expects to Have No Direct Impact to Its Business Related to the Crypto Exchange FTX Bankruptcy

LAS VEGAS–(BUSINESS WIRE)–$AP #AultLending—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced today that it expects to have no exposure directly or through any of its subsidiaries or business units related to the collapsed cryptocurrency exchange FTX Trading Limited (“FTX”). Moreover, the Company states that its Bitcoin holdings are […]

Zerobank Design Factory, Developer of Minna Bank’s Core System, to Offer Full-Cloud Banking System

TOKYO–(BUSINESS WIRE)–#BaaS–Zerobank Design Factory Co., Ltd. (ZDF), a subsidiary of Fukuoka Financial Group, has announced that it will begin offering a full-cloud banking system. The system is based on the core system that ZDF and Accenture developed for Minna Bank. ZDF will provide this system to domestic and overseas financial institutions, as well as to […]

Alipay+ Connects Global Merchant Partners to Over 100 Million Online Consumers During the Double 11 Shopping Festival

The digital & entertainment sector saw the highest level of user participation during the ongoing Double 11, achieving over 200 percent growth in transactions volume this year, followed by the O2O and e-commerce sectors. SINGAPORE–(BUSINESS WIRE)–Alipay+, a suite of cross-border payment and marketing solutions, has supported global online merchant partners to serve over 100 million […]

Altruist to Launch UMA Capabilities, Enhancing Model Marketplace

RIA fintech firm adds portfolio construction customization to create best-of-breed portfolios with no fee minimum LOS ANGELES–(BUSINESS WIRE)–Altruist, a fintech company on a mission to make financial advice better, more affordable and more accessible to everyone, announced a new feature to portfolio management capabilities – unified managed accounts (UMA). With the introduction of UMA capabilities, […]

Intuit’s Virtual Expert Platform Connects People to Tax and Bookkeeping Experts Powered by AI

Company sets stage for new services for consumers and small businesses, just in time for 2022 tax season MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is fueling innovation at scale for consumers and small businesses, and speeding time to market for new products […]

BlockFills Launches Vision Crypto Cloud, SaaS Solution for Emerging and Established Digital Asset Business

CHICAGO–(BUSINESS WIRE)–#BlockFills–BlockFills, a fast-growing global digital asset trading and financial technology company, today announces the launch of Vision Crypto Cloud, a secure, full-service, end-to-end digital asset trading, order management, and risk management solution that enables institutions to quickly gain access to the digital asset ecosystem out of the box, without the multi-year timeline and expense […]

Island Extends Its Series B with an Additional $60M Investment

Georgian investment reaffirms Island’s $1.3B Series B valuation and brings the total investment in the company to over $250M DALLAS, Texas–(BUSINESS WIRE)–Island, the leader and pioneer in the Enterprise Browser market, today announced an extension of its Series B with a $60M investment led by Georgian. This investment will further fuel Island’s mission to reshape […]

Atlante and Politecnico di Milano: Together for a First-class Joint Testing Facility for the New eStation

MILAN–(BUSINESS WIRE)–Regulatory News: Atlante, the company of NHOA Group (NHOA.PA, formerly Engie EPS) (Paris:NHOA) dedicated to electric vehicles fast and ultra-fast charging infrastructure announces the signing of an implementation agreement with Politecnico di Milano, within the Joint Research Center (JRC) framework, for the creation of a testing facility lab for Atlante’s cutting-edge eStation. The collaboration […]

Sila, MX announce tokenized integration for bank account verification

New processor tokens give end users easier and more secure ways to verify bank accounts and do account balance checks PORTLAND, Ore.–(BUSINESS WIRE)–#AnewFinancialWorld–Sila Inc., a fintech software platform that provides payment infrastructure as a service, and MX, a leader in Open Finance, today announced that they have completed integration work of MXapi Processor Tokens with […]

CommercialInsurance.net Becomes Tivly to Showcase Solutions-Oriented Approach to Insurtech

Rebranding follows investment from Aquiline Capital Partners to support continued growth NORMAN, Okla.–(BUSINESS WIRE)–CommercialInsurance.net, an industry-leading digital commercial insurance marketplace, today announced the rebrand of its core business to Tivly. The new brand name is based on the word “positively” to capture the firm’s solution-centric approach to matching commercial insurance providers with the businesses they […]

Access Softek Adds Four Credit Unions to Industry-Leading Digital Banking Enterprise Platform to Optimize Member Experience

-Access Digital provides the credit unions’ members with a full suite of omnichannel digital banking solutions that integrate seamlessly with Synergent’s core- BERKELEY, Calif.–(BUSINESS WIRE)–Four credit unions have selected Access Digital, the advanced enterprise suite of omnichannel digital banking solutions from Access Softek to optimize their member experience for online channels. The credit unions have […]

FV Bank Announces Launch of Digital Asset Custody Service

FV Bank leads next generation banking industry with launch of vertically integrated technology to support digital asset custody and settlement SAN JUAN, Puerto Rico–(BUSINESS WIRE)–FV Bank (www.fvbank.us), the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to customers including fintech and blockchain firms, has […]

Bank of East Asia selects Wolters Kluwer’s OneSumX for Regulatory Reporting

HONG KONG–(BUSINESS WIRE)–#WoltersKluwer–The Bank of East Asia, Limited (“BEA”), a leading Hong Kong-based financial services group listed on The Stock Exchange of Hong Kong, has chosen to implement award-winning regulatory reporting software from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR). OneSumX for Regulatory Reporting combines bank data into a single source of data to […]

MiToken Technology and MiMeta Debut Meta Decision-Making Platform for community empowerment

Connecting communities by building next evolution of digital engagement SHEFFIELD, England–(BUSINESS WIRE)–$MIT #blockchain–MiToken Technology and MiMeta, a leading blockchain and fintech company based in Sheffield, UK, have announced the creation of a “meta-decision-making platform” and the public listing of the metaverse decision token known as MiToken (MIT) on cryptocurrency exchanges, with the goal of democratising […]

kWh Analytics’ Solar Revenue Put Protects Matrix Renewables’ New Solar Projects for 26 Years with Lending Partners MUFG, HSBC, CBA, and NBC

The deal marks the largest capacity and longest tenor transaction supported by the Solar Revenue Put SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in Climate Insurance, today announced that it has structured a Solar Revenue Put supporting back-leverage financing with Matrix Renewables, the TPG Rise-backed global renewable energy platform, insuring solar production on 143 MW […]

Invictus Growth Partners Closes Oversubscribed Funds Totaling $322 Million

The cloud software, cybersecurity, and fintech-focused buyout and growth equity firm uses a proprietary machine learning platform for deal sourcing and operational value-add. SAN FRANCISCO–(BUSINESS WIRE)–#privateequity–Invictus Growth Partners (“Invictus” or the “Firm”) has closed its oversubscribed debut fund, Invictus Growth Fund I, L.P., with fund commitments totaling $322 million to its core fund and related […]

Skience Adds Best Interest Validation System RightBRIDGE

Skience’s wealth management solutions are enjoying increased demand this quarter following its showcase at Future Proof which will be accelerated by its RightBRIDGE integration HERNDON, Va.–(BUSINESS WIRE)–#CRM—Skience, a leading financial services solution and consulting provider, today announced its integration with CapitalROCK’s RightBRIDGE Best Interest Validation System in addition to gaining several industry awards and wealth […]

Lockstep Announces AR Automation Partnership With SYSPRO

SEATTLE–(BUSINESS WIRE)–Lockstep, the award-winning accounting automation pioneer, today announced it has partnered with SYSPRO to grow the connected accounting network. Lockstep will provide SYSPRO’s North American customers access to award-winning accounts receivable (AR) automation software, Lockstep® Receivables. Lockstep Receivables allows SYSPRO customers to manage the invoice-to-cash process through automated communication; customer-self-service, including online payment capabilities; […]

defi SOLUTIONS Expands Its Amherst, New York Facility and Extends defi MANAGED SERVICING Hours of Operation

Digitization and workflow automation allow remote workforce expansion throughout U.S. locations WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS has announced the expansion of the Amherst, NY facility that houses the company’s newly renamed defi MANAGED SERVICING outsourced servicing operation. The addition of almost 4,000 square feet brings total space in the facility to 43,000 square feet and allows […]

ASA Vault App Now Live in Apple App and Google Play Stores

Patent-approved collaborative banking app allows consumers to securely connect to fintechs, gain deep visibility into holistic financial picture PROVO, Utah–(BUSINESS WIRE)–ASA is an embedded fintech solution that connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. The company today announced that its consumer-facing app, ASA Vault, is available in […]

Chimney Invited to Participate in Plug and Play’s Fintech Accelerator Program

Chimney selected for Plug and Play’s Fintech accelerator, joining the ranks of successful startups that participated in the program, including LendingClub, PayPal and more NEW YORK–(BUSINESS WIRE)–Chimney™, the first embedded finance platform that combines financial health data with property data to help homeowners get the most out of life’s biggest investment, has been selected for […]

Fortanix Launches DSM Explorer, a Comprehensive “Free Tier” Version of its Industry-Leading Data Security Manager (DSM) SaaS

New Tier Allows Users to Immediately Use Specific Key Management and Tokenization Use-Case Solutions, Including with Public Cloud Provider Partners AWS, Google and Microsoft MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security company and the pioneer of Confidential Computing, today announced it has launched a “free tier” of its popular Data Security Manager (DSM) […]

Consumers Consider Identity Verification Vital When Engaging With Crypto Exchanges

New Trulioo report finds 82% crypto leaders agree, say identity verification provides assurances for consumers during uncertain times VANCOUVER, British Columbia–(BUSINESS WIRE)–#aml–New research from Trulioo, a leader in global identity verification, shows consumers consider identity verification vital and reassuring during onboarding and throughout their relationship with crypto exchanges. The research, highlighted in the “Crypto customers […]

Andreessen Horowitz Bio + Health Fund and Bassett Healthcare Network Leverage Digital Health to Address Rural Healthcare Needs

Partnership will accelerate the New York-based rural health system’s strategic goals by connecting it with entrepreneurs and venture investors to empower its tech-enabled transformation SAN FRANCISCO–(BUSINESS WIRE)–Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated health care system in central New York state. The collaboration aims […]

Jackson Hosts Legal and Compliance Summit to Increase Access to Annuities

Event facilitated collaboration among key industry players to address annuity distribution issues LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), held its Legal and Compliance Executive Council on October 27-28, 2022 in Washington, D.C. The goal of the meeting was to promote partnership, collaboration and […]

Finalytics.ai Releases 2023 Report on Digital Experience at Top 100 Credit Unions

Annual report uncovers key industry trends and strategies for credit unions to achieve a strong digital presence SAN MATEO, Calif.–(BUSINESS WIRE)–Finalytics.ai powers segment-of-one digital experiences for community financial institutions. The company published today its fifth annual report on the digital experiences offered by the 100 largest credit unions in the United States. The report explores […]

PolicyMe Launches New Critical Illness Insurance Offering the Most Covered Conditions in Canada for Adults

PolicyMe will provide Canadians up to $1M and 30 years in Critical Illness Insurance TORONTO–(BUSINESS WIRE)–Toronto-based Insurtech PolicyMe announces the launch of a new Critical Illness Insurance product that offers the most complete coverage in Canada. In partnership with and underwritten by Canadian Premier Life Insurance Company (“Canadian Premier”), this new product covers 44 conditions—10-15 […]

Hua Nan Investment Trust Selects ICE FactSet Carbon Neutral Megatrend Index for New Index Fund

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that Hua Nan has selected the ICE FactSet® Carbon Neutral Megatrend Index for its newly launched Hua Nan Carbon Neutral Index Fund. The ICE FactSet Carbon Neutral Megatrend Index is a modified market capitalization-weighted […]

Bright Announces Entry and Funding into Mexico’s Commercial and Industrial Solar Sector

Bright eliminates barriers to rooftop solar adoption by removing cost and friction via a modern fintech platform MEXICO CITY–(BUSINESS WIRE)–#LeoDiCaprio—Bright, the leading residential solar developer and financier in Mexico, announced today its entry into the commercial and industrial sector as it scales its offer to target a market representing >70% of the country’s electric consumption. […]

Holistiplan Partners with Seeds Investor to Help Advisors Deliver Purposeful and Personalized Planning

Partnership will afford financial professionals easy access to Holistiplan’s award-winning software, helping individuals and families optimize their financial and tax situations COLLEGE STATION, Texas–(BUSINESS WIRE)–#Holistiplan—Holistiplan, the #1 tax planning software for financial advisors, today announced a new partnership with Seeds Investor (“Seeds”), a B2B software that empowers advisors to deliver customized portfolios tailored to investors’ […]

Q2 and CloudKaptan Help Prompt Financial Solutions Drive Growth by Transforming the Lending Experience

Ontario-based digital home lender Prompt Financial Solutions attracts more than 6,000 mortgage brokers and increases loan volume by 20 times and loan size by 10 times AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, has announced Ontario-based digital home lender Prompt Financial Solutions (“Prompt Financial”) has […]

DeepSee.ai Inducted into JPMorgan Chase’s Hall of Innovation

Fintech Startup Recognized for Delivering Efficiencies in Bank’s Global Markets Operations SALT LAKE CITY–(BUSINESS WIRE)–DeepSee.ai, the creator and leading provider of Knowledge Process Automation (KPA), announced today that it has been inducted into the JPMorgan Chase Hall of Innovation. The bank’s Hall of Innovation award recognizes select emerging tech companies for their innovation, business value, […]

Bend by FNBO Announces First Credit Card Partner, Greenlight

Greenlight Family Cash Mastercard® Helps Parents Invest for Their Family’s Future OMAHA, Neb.–(BUSINESS WIRE)–Bend by FNBO, a new credit card-as-a-service (CaaS) solution from First National Bank of Omaha (FNBO) bringing modern API-embeddable co-branded credit products to digital brands and fintechs, announces its first credit card partner, Greenlight®, the leading family fintech company on a mission […]

BackBay Communications Signs 120th Private Markets Client

Specialist financial services communications firm celebrates client milestone after 17 years in business focusing on the private equity industry BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading public relations and integrated marketing firm focused on the financial services sector, today announced it has partnered with over 120 private equity, private debt, venture capital, real estate, infrastructure and other […]

OneConnect Announces Receipt of Notice Regarding NYSE Continued Listing Standards

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it received a letter from the New York Stock Exchange (the “NYSE”) dated October 6, 2022, notifying the Company that it is below the NYSE’s continued listing standards due to […]

SDAX and Ownera Partner to Deliver Global Distribution for Private Market Digital Securities

The two FinTech companies inked a MOU to solidify their commitment to bridging the gap of interoperability between private market exchanges and institutions SINGAPORE & LONDON–(BUSINESS WIRE)–SDAX, a leading private markets investment and trading platform based in Singapore, announced a partnership with the signing of a Memorandum of Understanding (MOU) with Ownera, provider of a […]

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