Business Wire


Next Generation of Innovative Insurtech Companies to Join Accelerator

MINNEAPOLIS & ST. PAUL, Minn.–(BUSINESS WIRE)–Startup accelerator, gener8tor, and two leading organizations in the insurance space, Allianz Life Insurance Company of North America (Allianz Life) and Securian Financial, announced today the five participants of the 2022 OnRamp Insurance Accelerator: Botdoc, ForwardLane, Manifest, Nestimate and White Swan. The startup companies are contributing innovative solutions to the […]

Managed DevOps Tools Platform OpsVerse Doubles Revenue and Triples Customers

Growth reflects OpsVerse’s commitment to giving developers control of DevOps tools REDWOOD CITY, Calif.–(BUSINESS WIRE)–#ManagedDevOps—OpsVerse, provider of a DevOps tools platform with fully-managed open source-based tools, today announced that it has seen significant company growth, including doubling its revenue and tripling the number of customers in six months. OpsVerse has observed that software developers need […]

Magnifi Financial Launches New CUSO, Ultum Group

Organization provides premiere end-to-end commercial and SBA lending services to credit unions and community banks MELROSE, Minn.–(BUSINESS WIRE)–Magnifi Financial, a full-service community credit union offering retail and commercial banking and wealth management services, announced it has launched Ultum Group, a new credit union service organization (CUSO). The CUSO provides premiere end-to-end commercial and Small Business […]

doxo Named One of Inc. Magazine’s Fastest-Growing Private Companies

Driven by Growing Demand from both Consumers and Providers, doxo’s Innovative Bill Pay Service Ranks Among Top High-Growth Fintech Companies on Inc. 5000 List NEW YORK & SEATTLE–(BUSINESS WIRE)–Inc. magazine today revealed that doxo is number 3,352 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The innovative […]

Orion Partners with Apex to Launch Fast, Fully Digital Account Opening for Independent Advisors

Advisors and their clients can now open and fund accounts in minutes OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions today announced a partnership with Apex Advisor Solutions, a subsidiary of Apex Fintech Solutions (“Apex”), to deliver a fully digital account opening solution for independent advisors and their clients. Utilizing Apex’s digital API suite, Orion’s new Automated Account […]

Force Management Named to Inc. 5000’s Fastest-Growing Privately Held Company List

CHARLOTTE, N.C.–(BUSINESS WIRE)–Today Inc. revealed Force Management, provider of elite sales solutions, was named in the Inc. 5000 list for fastest-growing privately held companies. The most prestigious ranking of the fastest-growing private companies in America, the Inc. 5000 list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent […]

Revation Surpasses Milestone 600th Banking Customer on Its Digital-first Contact Center as a Service Platform

Record growth and continued business development validate Revation’s position as the trusted CCaaS provider for the financial services industry SAN FRANCISCO–(BUSINESS WIRE)–Revation Systems, a digital Contact Center as a service platform (CCaaS) for highly regulated industries, today announced a new milestone in its momentum. Today, over 600 banks and credit unions in the U.S. are […]

Datagration and OneNexus Environmental Collaborate to Address the Trillion-Dollar Problem of Aging Oil and Gas Well Infrastructure

HOUSTON–(BUSINESS WIRE)–Datagration, the premier end-to-end data platform provider for upstream oil and gas, and OneNexus Environmental, which has designed and developed a unique offering, OneNexus Assurance™, for the industry to address the growing problem of unfunded Asset Retirement Obligations in the E&P industry, have teamed up to solve the industry’s trillion-dollar problem. Today’s energy sector […]

Synapse Announces Partnership with Lineage Bank, Enabling a Wide Range of Financial Services for Fintech Companies and Their Customers

Agreement aligns with Synapse’s commitment to deliver total solutions for fintech companies as part of its multi-bank partnership strategy – and extends Lineage Bank’s opportunities to rapidly expand and serve more fintech customers with comprehensive digital options SAN FRANCISCO–(BUSINESS WIRE)–Synapse Financial Technologies Inc., a banking-as-a-service (BaaS) platform that increases access to best-in-class financial products, and […]

Flueid Named to Prestigious Inc. 5000 List, Placing in the Top 100 for Software

Inc. Magazine recognizes Flueid as one of the fastest-growing private companies in the U.S. also placing #52 in Texas and #23 in Austin This milestone recognizes the company’s progress on its vision of powering every real estate transaction with Flueid’s data, decisions and insights at the core AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading real estate technology […]

The Bancorp Named as the Top Bank Over $5 Billion in Assets in Bank Director’s Ranking Banking Study

WILMINGTON, Del.–(BUSINESS WIRE)–#Alwaysapartner–Today, The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), is proud to share it has been ranked as the No. 1 bank with assets between $5 billion to $50 billion by Bank Director in their 2022 Ranking Banking study. Additionally, the Bank was listed as the No. 3 […]

Bonfire and CoProcure Announce Partnership to Offer the Industry’s Most Comprehensive Collection of Active Cooperative Contracts and Solicitations

A new Bonfire search integration aims to help government procurement teams discover piggyback contract opportunities to save time and money. KITCHENER, Ontario–(BUSINESS WIRE)–#NYC–Bonfire Interactive Ltd. (“Bonfire”), a business unit of GTY Technology Holdings Inc. and a leader in strategic sourcing and eProcurement software, today announced the availability of an integration with CoProcure, a free marketplace […]

BankiFi Secures $4.8 Million Investment for North American Expansion

-Investment to bring BankiFi’s comprehensive open cash management platform to fourth continent- COLUMBUS, Ohio–(BUSINESS WIRE)–BankiFi, a leading provider of embedded banking solutions for small and medium businesses (SMB), has secured $4.8 million for global expansion into North America. This strategic growth investment gives BankiFi the capital to provide its industry-leading embedded banking platform to more […]

Truv announces integration with the leading digital lending software ICE Mortgage Technology™

Mortgage lenders can now verify income and employment for the US workforce through Truv’s integration with ICE Mortgage Technology ™ MIAMI–(BUSINESS WIRE)–#buildtruv–Truv—a one-stop income and employment solution—announces an integration built on the latest Encompass Partner Connect™ API Platform and available through Encompass® by ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading […]

OriginClear Installs EveraBOX for Integrated Municipal Water Disinfection

Top Firm Entech Engineering Taps OriginClear for Innovative Sustainability Solutions CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater–OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announced the inaugural delivery and installation of its pre-engineered EveraBOX™ to implement a low-risk Liquid Ammonium Sulfate (LAS) disinfectant system for Pennsylvania’s Beaver Falls Municipal Water Authority (BFMA). Typical of MWS products, […]

Langdon Park Capital Acquires Suburban Los Angeles Apartment Community for $48.6 Million

Company’s Momentum in 2022 Speaks to Continuing Demand for High-Quality Workforce Housing Across the U.S. LOS ANGELES–(BUSINESS WIRE)–Langdon Park Capital (LPC), a Black-owned real estate investment company, today announced the $48.6 million acquisition of a 138-unit multifamily property in West Covina, California, a strong residential community just east of Downtown Los Angeles. The acquisition marks […]

WP Engine Achieves Prestigious ISO/IEC 27001:2013 Certification for Enterprise Security for WordPress Sites

WP Engine proves maturity of security program and power of WordPress, meeting international standards for information security management AUSTIN, Texas–(BUSINESS WIRE)–WP Engine, the world’s most trusted WordPress technology company, today announced that it has received ISO/IEC 27001:2013 certification for its Information Security Management System (ISMS). This certification demonstrates WP Engine’s continued commitment to information security […]

Q2 Holdings and Rocket Mortgage Announce Partnership Providing Digital Home Loan Process to Banks and Credit Unions

Nashville-based Fourth Capital is the first financial institution to sign up for the new offering, giving clients access to a mobile-first home loan process AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, and Rocket Mortgage, America’s largest mortgage lender and a part of Rocket Companies […]

InvoiceCloud Customer Ellington Mutual Achieves 7x Increase in AutoPay Adoption

HORTONVILLE, Wis. & BOSTON–(BUSINESS WIRE)–Ellington Mutual Insurance Company has leveraged InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, to streamline payment processes and maximize operational efficiencies. Since implementing InvoiceCloud’s payment solution, Ellington Mutual has experienced a 7x increase in its AutoPay adoption and discovered new opportunities to increase customer satisfaction. A leader […]

Array Announces Integration with Q2’s Digital Banking Platform

NEW YORK–(BUSINESS WIRE)–Array, a leading financial innovation platform, announced its integration with Q2’s digital banking platform. Q2 Holdings, Inc. (NYSE:QTWO) is a leading provider of digital transformation solutions for banking and lending. Through this integration, Array will offer products such as My Credit Manager, ID Protect and Offers Engine through Q2’s Partner Accelerator Program. The […]

XTM Launches Stand Alone Tip Pool & Tip Share Automation Product

Company Responds to High-Demand for Technology-Agnostic Tip Allocation Software MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce the release of a Tip Pool and […]

Genesis Global Advances Mission to Speed Software Delivery in Financial Markets

Platform enhancements streamline data integration, reporting and full-stack application development MIAMI–(BUSINESS WIRE)–#fintech—Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced significant platform enhancements that streamline data integration, reporting and full-stack development, making it faster and easier for software developers to build new applications and enhance legacy systems. The Genesis platform […]

Arbor Ventures Establishes Strategic Partnership With Tokio Marine to Accelerate Innovation in the Insurance Industry

SINGAPORE–(BUSINESS WIRE)–Tokio Marine Asia Pte. Ltd. (“Tokio Marine”) today announced a strategic partnership with Arbor Ventures (“Arbor”), a leading global Fintech / InsurTech-focused venture capital firm, headquartered in Singapore. This partnership, established through its Innovation Lab in Singapore, marks Tokio Marine’s commitment to accelerating the digital transformation of the global insurance industry. The Tokyo-headquartered insurance […]

Coinfirm is Setting the Crypto AML Compliance Standard

LONDON–(BUSINESS WIRE)–RegTech heavyweight Coinfirm – in its award-winning AML Platform – has introduced support for cross-blockchain risk analysis, in addition to rolling out Entity Due Diligence (Entity DD). Cross-blockchain analysis gives crypto compliance monitoring teams unprecedented levels of insight in contexts where a crypto address was involved in a transaction crossing between different blockchains. Entity […]

CCMSI Saves Clients $300 Million by Reducing Workers’ Compensation Claims Costs by 10% with Gradient AI

AI Solution Alerts Adjusters to High-Risk Claims, Increases Efficiency and Accuracy of Claims Operations BOSTON–(BUSINESS WIRE)–#AI—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry today announced that Cannon Cochran Management Services, Inc. (CCMSI) has innovated its claims management process by implementing Gradient AI’s solution, reducing Workers’ Compensation claims […]

Timberland Bank Partners with Plinqit via Jack Henry’s Digital Banking Platform to Empower Customers to Save & Support Financial Wellness

ANN ARBOR, Mich.–(BUSINESS WIRE)–Timberland Bank has partnered with Plinqit, the only savings platform of its kind that pays users for learning about personal finances, to give customers a simple, easy way to save and plan for future financial needs. With over $1.8 billion in assets and 23 branches across the state of Washington, Timberland Bank […]

FIS Impact Ventures Selects Ten Startups to Develop Their Fintech Solutions in 2022 Accelerator

Key facts: Ten growth-stage fintech companies have been chosen to take part in the 2022 FIS Fintech Accelerator program, allowing participants to develop their solutions through mentoring, training and a monetary investment. Presented by FIS Impact Ventures and The Venture Center, this year’s cohort represents green banking, buy now pay later, P2P payments, debt management, […]

New Study Shows Patient Payment Communication Preferences Have Strong Impact on Provider Loyalty

Salucro report reveals nearly half of all patients value the ability to choose their communication channel the most. PHOENIX–(BUSINESS WIRE)–Salucro Healthcare Solutions, a leading healthcare payment technology company, today released the results of its 2022 Trends in Patient Communications Report, a report that can help healthcare providers understand how patient communication preferences have changed and […]

Banks Seize Competitive Edge Using Digital Platforms

Modern, cloud-based and as-a-service technologies help traditional institutions provide fast, online banking experiences, ISG Provider Lens™ report says STAMFORD, Conn.–(BUSINESS WIRE)–$III #BankingPlatforms–Many traditional banks around the world are meeting changing customer expectations and competing with new rivals by adopting digital banking platforms, according to a new research report published today by Information Services Group (ISG) […]

Ncontracts Named to FinovateFall 2022 Demo Lineup

BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ncontracts, the leading provider of integrated risk management and lending compliance solutions for the financial services industry, has been selected to demo at FinovateFall 2022, taking place September 12-14 in New York. A first-time presenter, Ncontracts will demo its Enterprise Risk Management (ERM) system to show how fintechs and financial institutions can safely […]

Astra and Visa Partner to Enable Faster Funding for New Accounts

Astra, in collaboration with Visa Direct, brings instant account funding to neo-banks, marketplaces, and exchanges in the U.S. SAN FRANCISCO–(BUSINESS WIRE)–Astra, a leading provider of instant card-to-card funding as a service in the U.S.1, today announced it is using Visa Direct2 – Visa’s real-time3 payments service – to provide fast payments to millions of its […]

Kora, the Personal Finance App Just for College Students, Reaches 100,000 Active Users on Budgeting Tool

Kora Insights, their premier budgeting tool, is achieving record usage amidst rising tuition and nationwide inflation CHICAGO–(BUSINESS WIRE)–Kora, a financial technology company exclusively serving college students, announced they’ve reached 100,000 active users on their Kora Insights budgeting tool1. This milestone arrives as students throughout the U.S. grapple with the rising costs of college and associated […]

U.S. Bank Delivers Another Real-Time Payment Solution to Auto Dealers

Dealerships can now receive funds from sale instantly, seven days a week MINNEAPOLIS–(BUSINESS WIRE)–With another innovative RTP® Network solution, U.S. Bank can now provide loan funds to auto dealers instantly after the loan contract is finalized by the bank. Following a successful pilot completed in June, U.S. Bank has already enabled more than 800 auto […]

Maxi Adds US Money Transfer Service with Pin4

The new Agent-to-ATM service is now available through more than 20,000 independent ATMs across the United States. IRVING, Texas–(BUSINESS WIRE)–Maxi has launched a new service for its customers to send money within the USA. In partnership with Pin4, this is the first Agent-to-ATM domestic remittances service available within Maxi’s large portfolio of safe and convenient […]

Skyhigh Security Named a 2022 Gartner® Peer Insights™ Customers’ Choice for Security Service Edge

Receives Customers Choice distinction with one of the highest rankings in the Global Enterprise Segment SAN JOSE, Calif.–(BUSINESS WIRE)–#SSE–Skyhigh Security today announced it was named a ‘Customers’ Choice’ in the Gartner Peer Insights ‘Voice of the Customer’: Security Service Edge report. The Skyhigh Security Service Edge (SSE) platform achieved an overall rating of 4.7 out […]

Lexop Study Reveals a Disconnect Between Consumer Expectations and the Current Past-Due Customer Experience

Despite a growing preference for digital contact methods, traditional collections tactics still account for 73% of past-due customer interactions. MONTREAL–(BUSINESS WIRE)–A recent study conducted by Lexop, a Canadian-based fintech, revealed a significant disconnect between consumer expectations and the service levels companies provide once accounts become past due. The study, Early-Stage Collection Trends in 2022, surveyed […]

TreviPay Releases Small Business Supplier Network Banking Solution to Support Recovery for Small Business Sellers Serving Business & Government Buyers

TreviPay’s newest payment network set to evolve financial services for small businesses to eliminate business accounts receivable and increase selling power OVERLAND PARK, Kan.–(BUSINESS WIRE)–Global B2B payments and invoicing network TreviPay today announced the launch of its Small Business Supplier Network (SBSN) across the United States, the industry’s first payments network built for banks and […]

ICE to Host Auctions of Nature Based Carbon Removal Credits for GreenTrees

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to begin carbon credit auctions for GreenTrees, a global leader in reforestation. GreenTrees is the number one reforestation program operator in the United States by credit issuance and wholly owned by ACRE […]

Juniper Research: Buy Now Pay Later Users to Reach Over 900 Million Globally by 2027, Driven by Low Cost of Credit

BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions. […]

Cross River Doubles Down on Community Commitment with Spotlight on Financial Literacy

Company continues to take innovative approach to financial literacy education by highlighting how technology can propel financial inclusion Two events lead the charge in August, focusing on diversity and expansion to benefit even more families FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced additional […]

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