Business Wire

Nearly 40% of Parents Who Didn’t Plan to Apply for Federal Aid Now Say They Will as a Result of Covid-19 Pandemic

Forty-four percent of parents report they can’t afford to pay as much of their child’s education as originally planned RIVERWOODS, Ill.–(BUSINESS WIRE)–As COVID-19 has generated much uncertainty in this year’s college experience for both students and their families, a survey from Discover Student Loans indicated more families are hoping to take advantage of federal aid. […]

Buy Now Pay Later Digital Spend, Led by Klarna, PayPal & Afterpay, to Double by 2025: Reaching $680 Billion – Kaleido Intelligence

SHIFT IN CONSUMER BEHAVIOUR DRIVEN BY CREDIT-HUNGRY MILLENNIAL AND GEN-Z SHOPPERS LONDON–(BUSINESS WIRE)–New data from fintech research specialists Kaleido Intelligence has found that $680 billion will be spent by global consumers using ePOS finance/Buy Now Pay Later (BNPL) over eCommerce channels in 2025. This will represent a 92% rise over the $353 billion spent in […]

Reech Corporations Group Launches Odysseus Investments

– Former Head of Global Principal Investments at BofA Merrill Lynch Adam Battersby appointed as CEO – New growth investment arm will focus on finance and technology sectors, investing capital to drive digitisation of traditional sectors LONDON–(BUSINESS WIRE)–Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a […]

inwi money Launches International Money Transfer Capability in Partnership With WorldRemit and MFS Africa

RABAT, Morocco–(BUSINESS WIRE)–inwi money, a subsidiary of inwi and leading telecom player in mobile money services, has expanded its offering with the launch of an international money transfer service for its “inwi money” customers. “The launch of this new service is a concrete result of our efforts to diversify the available payment methods in Morocco, […]

Purdue Federal Credit Union Selects Payrailz® to Support Payment Strategy

-Credit union also invests in CU Railz® CUSO to influence development of new payment technologies- GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced that is has been selected by Purdue Federal Credit Union ($1B in assets) for payments services. Additionally, […]

River Valley Community Bank Selects NCR to Transform Digital Banking Experience for Consumers and Businesses

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Yuba City, Calif.-based River Valley Community Bank (RVCB) selected NCR to provide a more seamless digital banking experience for its consumer and business customers. With the NCR DI platform, RVCB expects to broaden capabilities and self-service options for […]

Vela Named Best Low-Latency Data/Technology Provider

WatersTechnology recognises SuperFeed in the Inside Market Data Awards LONDON & NEW YORK & CHICAGO–(BUSINESS WIRE)–#Awards—Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, has won the Inside Market Data award for Best Low-Latency Data/Technology Provider. This category honours the trading technology firm that delivers trading advantages through the […]

Cloud Communications Platform, Melrose Labs to Protect Businesses from Fraud with New Technology Partnership

Melrose Labs has partnered with Phronesis Technologies to reassure businesses that customers are who they say they are EDINBURGH, Scotland–(BUSINESS WIRE)–Following the launch of its voice and messaging services earlier this year, Melrose Labs’ new partnership will see the platform develop new identity verification services that will protect businesses and improve customer engagement. The new […]

Regions Bank Announces Special Financial Services in Areas Impacted by Hurricane Sally

Fee waivers, deferred payments and additional offers available to support storm recovery. BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank on Friday announced a series of financial services that are available to help people and businesses in portions of Alabama, Florida and Mississippi that were impacted by Hurricane Sally1. Options include payment extensions, the waiving of certain fees, interest […]

Figure Launches First Digital Fund Services Offering on Blockchain

Accomplishment Marks Use Case Expansion Across Financial Services Landscape with Friends & Family Capital II, L.P. as Inaugural Customer for Figure’s New Digital Fund Services Offering. SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today has launched the world’s first end to end digital funds […]

Majesco Partners with Industry Leaders to Highlight Today’s Emerging Technologies

New sessions to the Future of Insurance: Ecosystems Partners uncovers the latest technologies reshaping the future of insurance MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco (NASDAQ: MJCO), a global leader of cloud insurance software solutions platforms, today announced the addition of new podcast sessions to the Future of Insurance: Ecosystem Partners podcast series. The latest episodes feature host Denise […]

PPB Capital Partners Provides Access to Premier Technology Venture Capital Managers

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–PPB Capital Partners (“PPB” or “the Firm”), a provider of alternative investment solutions and streamlined processing for wealth advisors, has announced a strategic partnership that will increase access to premier technology venture capital managers. As the world responds to the global pandemic there is no doubt that disruption and adaptation will shape the […]

Western Union and Isabel Group team up to provide international payment services to Belgian companies

Western Union Business Solutions becomes a partner of Isabel Group to provide international payment services on the BtoB multi-banking platform Isabel 6 BRUSSELS–(BUSINESS WIRE)–#grow–Western Union, a leader in cross-border, cross-currency money movement and payments, announces a collaboration between its business division, Western Union Business Solutions, and Isabel Group, the leading provider of multi-bank services for […]

Apifiny Partners with ECS Fin to Launch Pilot Program of Roxe Network

ECS Fin to Test Roxe APIs for Potential Integration of Roxe Network with Bank Customers Across the Globe SAN FRANCISCO–(BUSINESS WIRE)–Apifiny, a leading fintech company that is building a new internet of financial services, today announced that ECS Fin will begin a pilot program to test the integration of Apifiny’s Roxe instant settlement network. The […]

Home Insurance Customer Service and Reputation—Not Price—Drive Lifetime Customer Value, J.D. Power Finds

COUNTRY Financial Ranks Highest in Homeowners Insurance; Lemonade Ranks Highest in Renters Insurance TROY, Mich.–(BUSINESS WIRE)–The median age of first-time home buyers has increased to 33 years, the oldest age on record since the National Association of Realtors began tracking this data in 1981. What’s that mean for home insurers? The battle to drive lifetime […]

PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)

TORONTO–(BUSINESS WIRE)–Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021. “Both firms automate and digitize […]

Cindicator Launches Stoic, Crypto Hedge Fund Tech for the People

NEW YORK–(BUSINESS WIRE)–$CND #Cindicator–Cindicator launches Stoic, an automated crypto trading tool with a hedge fund edge. Stoic lets anybody trade crypto using AI-based strategies built for Cindicator Capital. Launched in 2019, Cindicator Capital is the first crypto hedge fund powered by ‘Hybrid Intelligence’, a combination of AI and the wisdom of thousands of analysts. With […]

Mastercard Pledges $500 million to Help Close Racial Wealth and Opportunity Gap for Black Communities Across America

Furthering longstanding financial inclusion efforts to bring more people and small businesses into the digital economy, the company will bring equitable financial tools, investment and partnerships to cities across the U.S. PURCHASE, N.Y.–(BUSINESS WIRE)–In its sustained efforts to build a more inclusive global digital economy, Mastercard is investing $500 million in Black communities over the […]

Lightspeed Venture Partners Expands to Southeast Asia to Partner With Bold Founders Building Disruptive Companies

Summary Headlines: Lightspeed has been investing in Southeast Asia, with investments such as Grab, Chilibeli, Ula, Shipper and NextBillion, and is looking to accelerate further Lightspeed will deploy capital across the region from the US$4 billion raised recently across global funds; Singapore and Indonesia are key focus countries Lightspeed has established its regional office in […]

Katz School of Science and Health Launches Online MS in Cybersecurity Program

NEW YORK–(BUSINESS WIRE)–#cybersecurity–The Katz School of Science and Health at Yeshiva University has launched an online Master of Science (MS) in Cybersecurity that is set to begin classes in January 2021. Built in the cybersecurity industry hub of New York and taught by a practitioner faculty of experts and innovators, the online MS in Cybersecurity […]

ACAMS’ Flagship Anti-Money Laundering Conference in Las Vegas Introduces More Than 100 AML Specialists Sharing Knowledge Across 12 Disciplines and Groundbreaking Networking Experience

Speakers include Spencer W. Doak, director for BSA/AML Compliance Policy, OCC & Lisa Arquette, associate director, FDIC CHICAGO–(BUSINESS WIRE)–#ACAMS–As part of its ongoing effort to bring the financial crime prevention community together in these turbulent times, ACAMS will present a unique training and networking event for its 19th Annual AML & Anti-Financial Crime Conference — […]

Newly Appointed North America and Asia-Based Board Directors Bring Unique Regional and International Business Perspectives to GlobalCom PR Network Clients

Alliance of Public Relations Agencies in 100+ countries combines flexibility and multi-industry PR expertise for companies seeking global growth and increased brand awareness WASHINGTON & SINGAPORE–(BUSINESS WIRE)–#B2BPR—GlobalCom PR Network (GCPR), an alliance of 80 public relations agencies in more than 100 countries, is delivering even greater strategic value to companies looking to expand their global […]

Katie Couric Media Partners With Silvur to Support Women’s Financial Health

KCM’s ‘Wake-Up Call’ Asks Women Over 50 Their Thoughts on the Retirement Security Crisis NEW YORK–(BUSINESS WIRE)–Silvur, the country’s only financial fitness platform helping adults over 50 take control of their financial future, just announced a content partnership with Katie Couric Media that will explore the importance of financial planning for people nearing retirement, addressing […]

Fidelity® Now Offers Even More Flexibility to Intermediary Clients Through Updates to Integration Xchange, Its Industry-Leading, Open Architecture Digital Store

Fidelity Research Finds Firms are Working with a Median of Six Technology Providers, Making the Ability to Integrate them into a Single Platform Crucial Integration Xchange Aims to Make Navigating Choices and Connecting with Third-Parties Easier, which is Critical as Two-Thirds of Advisors Say COVID-19 Crisis is Prompting Their Firms to Explore New Fintech Options […]

XnMatrix Strategic Eco-system Debuts, the Next-generation Cloud Computing Platform Eco-system Sets Sail

TOKYO–(BUSINESS WIRE)–Recently, XnMatrix-the next-generation cloud computing platform and IPFS distributed storage eco-system launch meeting was held in Haikou. Experts and scholars in the fields of digital economy and financial technology, elites in the distributed storage industry, industrial investment institutions, and representatives of cloud computing ecological applications will gather together to discuss the current and futuristic […]

Razer Kishi Universal Gaming Controller for iPhone Brings Console Quality Control to iOS

With clickable analog thumbsticks, multi-function buttons, and an 8-way D-pad, the Razer Kishi for iPhone brings a whole new competitive edge to gamers in Apple Arcade and beyond IRVINE, Calif.–(BUSINESS WIRE)–#Razer–Razer™, the leading global lifestyle brand for gamers, today announced the immediate availability of the Razer Kishi Universal Gaming Controller for iPhone, an iOS version […]

Chipper Launches Explore to Transform Student Loan Repayment After CARES Act Expires

78% of borrowers who use the new feature find a better plan AUSTIN, Texas–(BUSINESS WIRE)–#CARESAct—Chipper, a social impact fintech company, today announced the launch of Explore, the first mobile feature designed to transform the way student loan borrowers navigate the complex repayment process. This free feature is Chipper’s most powerful tool yet and furthers its […]

Jason Lahita Launches Public Relations Firm StreetCred Communications, LLC

The co-founder of FiComm returns with a new PR company focused on financial services Integrated Partners and Potomac Fund Management will be “flagship clients” of the new firm LOS ANGELES–(BUSINESS WIRE)–#PR—StreetCred Communications, LLC (“StreetCred” – has launched as the newest PR firm serving financial services. After selling his interest in FiComm Partners in 2018, […]

American 1 Credit Union Empowers Members with Automated Self-Service Support and Chatbot During COVID-19 Crisis with SilverCloud’s Consumer Support Platform

Credit union’s self-service initiative proves invaluable at onset of pandemic, dedicated Coronavirus information center deployed across all digital channels PORTSMOUTH, N.H.–(BUSINESS WIRE)– SilverCloud, Inc., the only support solution built exclusively for the financial services industry, announced Jackson, Mich.-based American 1 Credit Union successfully deployed the company’s Consumer Support solution, including a chatbot, to provide members with […]

FINEOS AdminSuite Summer Release Provides Enhanced Policy Administration Capabilities with Integrated Absence Management

FINEOS AdminSuite exclusively delivers a complete policy administration suite for the Employee Benefits market including a fully Integrated Disability and Absence Management (IDAM) solution ATLANTA–(BUSINESS WIRE)–#AdminSuite—FINEOS Corporation (ASX:FCL), the leading core platform for life, accident and health insurance globally today announces significant product and operational enhancements to FINEOS AdminSuite, enabling increased product and digital functionality […]

MetLife Digital Accelerator Partners with 10 Startups to Develop Financial Wellness and Engagement Solutions for Customers and Families

CARY, N.C.–(BUSINESS WIRE)–#insurtech–MetLife, Inc. (NYSE: MET) announced its third annual class of startups to participate in the MetLife Digital Accelerator powered by Techstars. The Accelerator supports MetLife’s strategic approach to technology and innovation by working with external partners to simplify and create differentiated experiences for our customers. This year’s class will focus on developing financial […]

Corigin Ventures Rebrands as Alpaca VC

NEW YORK–(BUSINESS WIRE)–In a move that reflects the evolution of the firm and better embodies its team, values and strategy, Corigin Ventures announced its rebrand to Alpaca VC, effective today. The name Alpaca signifies the founder-focused mentality that the firm brings to early-stage companies that are seeking not only capital, but an experienced partner to […]

Alogent and DeepTarget Partner to Provide User-Specific Digital Engagements and Personalized Financial Consumer Stories for Banks and Credit Unions

MADISON, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for banks and credit unions, today announced that they are partnering with Alogent, a global software leader in end-to-end payment processing, content and information management, digital banking and loan origination solutions. This partnership enables […]

ClosingCorp Fees Now Integrated With OpenClose’s Consolidated Digital Mortgage POS and LOS Platform

Integration establishes a greater level of granularity, accuracy and automation of the fee process SAN DIEGO–(BUSINESS WIRE)–ClosingCorp®, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today announced that its ClosingCorp Fees service is now integrated with OpenClose’s LenderAssist™ end-to-end loan origination system (LOS) […]

Vericred Launches Health Insurance and Employee Benefits Enrollment APIs, Announces Key Relationships

Beam, CaliforniaChoice, Kaiser Permanente and Oscar partner with Vericred to create a de facto standard for California group enrollment and member management NEW YORK–(BUSINESS WIRE)–#Enrollment—Vericred today unveiled a new suite of enrollment and member management APIs, ushering in a new era of digital connectivity between health insurance and employee benefit carriers and InsurTech companies. Vericred’s […]

50 New Banks Leverage Teslar Software for PPP Forgiveness and Lending Initiatives

Fintech helps community banks support their local businesses in time of need SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, announced today that it has added 50 new clients in the last 90 days. Teslar will help these banks manage the Paycheck Protection […]

Farmers Edge and Munich Re Announce Strategic Partnership to Implement Large-Scale Parametric Weather Insurance Solutions

Premium solutions leverage intelligent technologies to address data gaps in traditional coverage, establishing a new, profound level of revenue protection WINNIPEG, Manitoba & MUNICH–(BUSINESS WIRE)–#AgTech—Farmers Edge™, a global leader in digital agriculture, today announced a strategic collaboration with Munich Re, a leading reinsurer, to pave the way for data-driven parametric weather insurance solutions. The trailblazing […]

The Helper Bees Launches Independence Care Concierge, the Missing Link Between Long-Term Care Recipients and Insurers

Fortune 300 long-term care insurance companies including CNA already use Care Concierge Enables insurance carriers to offer value-add services to the insured, enabling quality care to 40+ million aging Americans Provides cost-effective options that mitigate risk of clients remaining unsupported at home and reduces severity of claims AUSTIN, Texas–(BUSINESS WIRE)–#aginginplace—The Helper Bees (THB), a company […]

Reech Corporations Group Launches Merchant Banking and Capital Markets Division

– Former Carlyle Group Senior Advisor Christopher Yoshida appointed as CEO, Merchant Banking & Capital Markets Division – New division will originate and deploy financing across investment group LONDON–(BUSINESS WIRE)–Reech Corporations Group, an investment company driving long-term value in real estate, technology and finance, has launched a new Merchant Banking and Capital Markets Division, and […]

COVID-19 Accelerates Insurance Digitalization to Meet Customer Demand: World InsurTech Report 2020

Adopting a new mindset, leveraging intelligent processes and collaborating with ecosystem partners will be crucial to meet rising business and customer needs PARIS–(BUSINESS WIRE)–Insurers must explore new ways to build capabilities to meet the digital needs of customers as BigTechs1 and non-traditional players enter the insurance space, according to the World InsurTech Report 2020 (WITR) […]

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