The analysis, sponsored by Socotra, found that the benefits of shorter time-to-market exceeded the costs by as much as 40 times. AUSTIN, Texas–(BUSINESS WIRE)–Coretech Insight, an independent advisory firm focused on core technology for the insurance industry, today released a report finding that insurers that launch products faster by deploying cloud agile technology are able […]
Teens and young adults can now invest and earn crypto on the Step App and stocks are coming soon. PALO ALTO, Calif.–(BUSINESS WIRE)–Step, the all-in-one financial solution for the next generation, announced up to $300 million in debt funding led by Triplepoint Capital and Evolve Bank & Trust. The new funding brings the total capital […]
Healthcare IT Industry Expert Will Support the Firm’s HCIT Strategy BOSTON–(BUSINESS WIRE)–Thomas H. Lee Partners, L.P. (“THL”), a premier private equity firm investing in middle-market growth companies, today announced the appointment of Paul Black as a consultant for the firm’s healthcare investment group. Black, who brings more than 25 years of experience leading companies in […]
SAN MATEO, Calif. & BURNABY, British Columbia–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and Trans North America Glass (TAG) Network announced that TAG Network’s new Ready for Guidewire validated accelerator is now available to ClaimCenter users in the Guidewire Marketplace. While it may seem like a “no-brainer,” a Highway Loss Data Institute study found that “adding glass to […]
MTN, Africa’s largest mobile network operator, becomes the first large organization to join the marketplace SAN FRANCISCO–(BUSINESS WIRE)–#fintech—Dooka has partnered with Tradeshift, the global network for digital trade, to launch the first-ever pan-African digital marketplace for business-to-business trade across the continent. Delivered on Tradeshift’s global B2B commerce platform, utilizing the Tradeshift® Marketplace Operator solution, Dooka […]
With integrated digital invoicing, Toast streamlines the process of creating customer invoices, collecting payments, prepping and fulfilling orders BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced the launch of Toast Invoicing, a new product to help restaurants seamlessly manage catering and wholesale orders alongside their in-person, takeout and delivery business. […]
The first alternative investment platform for luxury assets will list its second asset, a Fancy Vivid Yellow diamond ring with a market capitalization of $1.5M, on its marketplace for $300 per share. NEW YORK–(BUSINESS WIRE)–LUXUS, the world’s first luxury alternative investment platform specializing in precious gems and high jewelry, announces its second IPO, the Golden […]
DALLAS–(BUSINESS WIRE)–Park Cities Asset Management, LLC (“Park Cities”), an alternative investment firm focused on providing flexible debt solutions, announced today that it has provided $30 million of debt capital commitments to Applied Data Finance (“ADF”). Through its Personify Financial platform, ADF offers underestimated Americans an affordable, responsible alternative for unsecured personal installment loans. “We are […]
LONDON–(BUSINESS WIRE)–CUBE Global (“CUBE”), a global leader in Automated Regulatory Intelligence (“ARI”), today announced a strategic growth investment from Bregal Milestone (“Milestone”), a leading technology growth capital firm with c. €1.2 billion of capital raised dedicated to investments in high-growth, market defining technology companies. The investment marks the first institutional capital investment for CUBE. Serving […]
LONDON & PARIS & MALMÖ, Sweden–(BUSINESS WIRE)–Today, Ripple, the leader in enterprise blockchain and crypto solutions, announced its first On-Demand Liquidity (ODL) customer in France as it joins forces with Lemonway, a Paris-based payment provider for online marketplaces. The new partnership sees Lemonway using RippleNet’s ODL, which leverages XRP for crypto-enabled payments, to enhance its […]
Collaboration between global payments technology provider and Middle East retail pioneer brings award-winning payment product and rewards to shoppers REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa […]
Survey of leading banks identifies approaches to move account-based payments from cost-centre to revenue stream LONDON–(BUSINESS WIRE)–Independent research conducted by Celent on behalf of Icon Solutions has revealed that, in response to commercial pressures and changing scheme and regulatory requirements, payments processing is transforming from a commodity to a business, creating compelling new value opportunities […]
Preliminary Revenue for the Nine Months ended September 30, 2022 of $99 Million, up 123% From the Prior Year Period LAS VEGAS–(BUSINESS WIRE)–$AP #BITMAIN—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced preliminary unaudited revenue for three and the nine months ended September 30, 2022. September 30, 2022 […]
The company accelerates innovation as a trusted customer engagement provider, re-imagining the brand with new emphasis on its LinkLive platform. SAN FRANCISCO–(BUSINESS WIRE)–Revation Systems, a customer engagement platform provider for the most regulated U.S. industries such as healthcare and banking, has formally changed its name to LinkLive; the name of its purpose-built, secure digital communications […]
Plans to expand into Brazil, Indonesia, and Vietnam in the next 12 months SINGAPORE–(BUSINESS WIRE)–TDCX, Inc. (“TDCX”) (NYSE: TDCX), a high-growth digital customer experience (CX) solutions provider for technology and blue-chip companies, has announced its entry into Türkiye to tap the growing local market. The Türkiye campus, which commences operations today, is TDCX’s 27th as […]
COLUMBUS, Ohio–(BUSINESS WIRE)–BankiFi and progressive financial institution Axiom Bank, N.A. are joining forces to make banking better for small-to-medium size businesses (SMBs) across the United States. The new partnership also represents BankiFi’s first North American client since its stateside launch in July. As part of its continued efforts to support SMBs around the world, BankiFi […]
SINGAPORE & NEW YORK–(BUSINESS WIRE)–TDCX, Inc. (“TDCX”) (NYSE: TDCX), a high-growth digital customer experience (CX) solutions provider for technology and blue-chip companies, announced today the launch of the TDCX Foundation. The establishment of TDCX Foundation solidifies TDCX’s commitment to bringing positive transformation by empowering people, uplifting local communities and promoting environmental sustainability. The Foundation will […]
African American Chamber, Hispanic Chamber, Veterans Chamber and New Jersey Chamber of Commerce join Cross River to build new bridges in the tech community and empower all entrepreneurs FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, hosted a collaborative lounge which brought together leading groups from […]
The new bank raised $24 million in Special Deposit Shares; received FDIC and State of NH approval for the first new mutual bank charter in 50 years CONCORD, N.H.–(BUSINESS WIRE)–#agriculture–On October 5th, 2022 Walden Mutual Bank—a new sustainable farm and food-focused digital bank—received full approval from both the FDIC and New Hampshire State Banking Department. […]
Salary Finance looks to recognize employees of participating employer partners that share how they’ve lowered or eliminated their debt BOSTON–(BUSINESS WIRE)–#HR–October is unofficially “Crush Your Debt” month and Salary Finance, the leading global provider of socially responsible financial products in the workplace, is inviting employees at member companies in the United States to share a […]
LAS VEGAS–(BUSINESS WIRE)–#Canada–Having access to funds at a casino is traditionally restricted by high fees or low cash withdrawal limits. AptPay, a fintech processor that enables real-time money movement has partnered with NRT Technology and other industry leaders to enable instant and secure money-in services for casinos and iGaming operators. This service, dubbed smartPULL, will […]
Industry-first approach uses behavioral science to reduce financial risk in mortgages by building lender capacity through the power of community OAKLAND, Calif.–(BUSINESS WIRE)–Sawa Credit Inc., a first-of-its-kind community platform helping underserved borrowers build financial health, today announced it has formed a new partnership with Homepoint, the nation’s second-largest wholesale mortgage lender, to launch the first-ever […]
PASCAGOULA, Miss.–(BUSINESS WIRE)–Merchants & Marine Bank, a century-old Mississippi-based banking institution, has launched CannaFirst Financial (CannaFirst), the first banking division dedicated to business owners in Mississippi’s quickly emerging Cannabis industry. CannaFirst will serve clients in platform integration, online and mobile banking, cash transport, and treasury solutions. It is overseen and staffed by seasoned banking professionals […]
New updates for Sage Intacct users provide enterprise grade multi-entity support, automated collections, multi-invoicing, virtual terminal and auto-pay SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the global leader in blockchain-enabled B2B payments, today announced a series of upgrades to its Sage Intacct integration. Paystand first unveiled its partnership with Sage in May 2021, expanding the reach of its […]
New product offering saves customers time, money and risk by providing a secure and seamless collaboration portal HOUSTON–(BUSINESS WIRE)–Cloudvirga, a Stewart-owned company and fintech leader powering digital mortgages, today announced the launch of its new Wholesale Third Party Origination (TPO) Platform. This product offering was built in collaboration with mortgage professionals and brokers, providing them […]
Next-gen fintech platform reinvents real estate investing for Gen Z and Millennials starting at $5 PALO ALTO, Calif.–(BUSINESS WIRE)–Fintor, the next-gen fintech company enabling easy access to invest in real estate, today announced the launch of its mobile-first platform on both iOS and Android devices. This news comes in tandem with the platform’s funding extension, […]
Aspida to use FireLight platform to help distribute suite of annuity products to broker-dealer channel COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#FinTech–Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Aspida Life Insurance Company (“Aspida”), a life insurance and annuity company, plans to use Insurance Technologies’ digital sales […]
Everi’s Digital CashClub Wallet® Technology will leverage Prove’s identity solutions for more intuitive, secure, and seamless gaming experiences NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, today announced that Everi Payments Inc., a wholly owned subsidiary of Everi Holdings Inc. (NYSE: EVRI), has selected Prove as one of its solution providers for […]
The company has unveiled a new name, a new logo, and a new product release to support strategic vision around value-based contracting. SAN FRANCISCO–(BUSINESS WIRE)–#digitalhealth–Cerebrae, a technology platform company for value-based contracting, powered by leading-edge actuarial science, today announced a corporate rebrand and a new product release. At the core of the rebrand is the […]
U.S. High Grade sets monthly and quarterly records for fully electronic ADV and TRACE share Third quarter ADV up 14.0% YoY NEW YORK–(BUSINESS WIRE)–Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for September 2022 of $25.1 trillion (tn). Average […]
Expert teams, ISO 9001 processes, and modern, proprietary technology lets lenders think differently about their end-to-end auto lease and loan servicing lifecycle. WESTLAKE, Texas–(BUSINESS WIRE)–#LeaseServicing–defi SOLUTIONS has announced a market realignment of the company’s technology-enabled, managed services outsourcing for lenders and introduced defi MANAGED SERVICING. “It was time for defi to take the lead and […]
Uber drivers, couriers to get up to 10% cashback on gas; 12% on EV charging OAKLAND, Calif.–(BUSINESS WIRE)–Uber today announced a new partnership with Marqeta (NASDAQ: MQ), Mastercard (NYSE: MA) and Branch to power the Uber Pro Card, an enhanced loyalty and payments experience that will help drivers and couriers save on gas, fees, and […]
This Is the First Project to Be Drilled by the Previously Announced Partnership Between White River and Ault Energy The Partnership Plans to Jointly Drill Approximately 100 Oil Wells Over the Next 5 Years LAS VEGAS & FAYETTEVILLE, Ark.–(BUSINESS WIRE)–$AP #100_oil_wells—BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and White River Energy Corp (“White River”) (OTC: […]
LUXEMBOURG–(BUSINESS WIRE)–HQLAX, J.P. Morgan, Ownera and Wematch have successfully demonstrated the technical feasibility of executing a delivery-versus-payment (DvP) repo transaction across two different distributed ledger technology (DLT) platforms at HQLAX and J.P. Morgan. The demonstration showed how rights to securities, recorded in digital collateral records (DCRs) on the HQLAX ledger, and digital cash, recorded at […]
News summary: Etisalat UAE, from e&, has designed and built a new virtual edge cloud solution for its enterprise and government customers to achieve enhanced efficiency and agility for its offered services ADVA Ensemble software on white box platforms accelerates customer deployment and boosts operational simplicity New uCPE offering designed, built and operationally supported by […]
Employee Activation is Key to Achieving Sustainability Goals CAMBRIDGE, Mass.–(BUSINESS WIRE)–#HR–Urgency among CEOs to implement and demonstrate real progress in sustainability initiatives is at an all-time high. In the 2022 IBM CEO study, sustainability was ranked as the top organizational challenge by 51% of CEOs, with 57% citing difficulty clearly defining and measuring ROI as […]
INCLINE VILLAGE, Nev.–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, has earned a spot in the fifth annual Fintech 250 for the fourth year in a row. This list from CB Insights is an annual ranking of the most innovative financial technology companies that are applying a mix of software and […]
Three (3) $50,000 grants will be awarded to organizations dedicated to supporting the advancement of underrepresented communities in Central Texas AUSTIN, Texas–(BUSINESS WIRE)–Austin FC and Q2 Holdings Inc. announced today that the organizations are once again teaming up to support local nonprofits dedicated to promoting diversity, equity and inclusion in Central Texas through its Q-mmunity […]
Vantem Global engagement with Netcapital included strategic counsel, marketing, and capital raising BOSTON–(BUSINESS WIRE)–Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that Vantem Global, a startup that was among the first clients of Netcapital Advisors and completed a round of financing through Netcapital Funding Portal, is now backed […]
Two leading financial technology firms partner to offer more advisory firms access to risk analytics AUBURN, Calif.–(BUSINESS WIRE)–#FearlessInvesting—Riskalyze, the industry-leading risk-centric wealth management platform serving tens of thousands of financial advisors, today announced Moneytree Software, a pioneer in the development of financial planning technology which simplifies complexities for advisors, has selected the firm’s services to […]
