Business Wire


RIAs Greenstone Wealth Management and CPR Financial and Insurance Services Tap Advisor-focused Fintech Vise to Offer Customized Portfolios

NEW YORK–(BUSINESS WIRE)–Vise, the technology-powered asset manager that allows financial advisors to build custom portfolios in minutes, announced that RIAs Greenstone Wealth Management and CPR Financial and Insurance Services are using the Vise platform. The news comes at a time when advisors are craving more tech and automation to drive efficiency in their businesses. According […]

MoviePass Selects Usio as Exclusive Prepaid Card Issuing Solution, Program Manager and Processor

Partnership Will Include a Branded MoviePass Debit Card for All Subscribers SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (Nasdaq: USIO), a leading FinTech integrated electronic payment solutions provider, today announced an exclusive partnership with MoviePass, whereby Usio’s innovative and proprietary prepaid card issuing platform will serve as both Program Manager and Processor for the forthcoming MoviePass Debit Card […]

Greater New Orleans Federal Credit Union Selects Access Softek’s Digital Banking Platform to Strengthen and Expand its Digital Banking Experience

-Access Digital provides credit union with innovative digital banking, cryptocurrency offerings, and in-depth data analytics for stronger member experience- BERKELEY, Calif.–(BUSINESS WIRE)–Greater New Orleans Federal Credit Union (GNO) has chosen Access Softek’s Access Digital to provide comprehensive, omnichannel digital banking solutions to its members. GNO selected Access Digital to offer its members industry-leading products, a […]

ICE to Launch UK Carbon Allowance Options

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch options on UK Carbon Emission Allowances (UKA Options) on October 10, 2022, subject to regulatory approval. “The launch of UK Carbon Options follows the successful launch of the UK carbon market last […]

FIS to Modernize Real-Time Payments Infrastructure and Central Bank Digital Currencies for Countries Around the World

Key facts FIS is now offering a central infrastructure payment solution through RealNet™ Central, which enables countries to modernize or build their own real-time payments network. Additionally, FIS is launching a Central Bank Digital Currencies (CBDC) Virtual Lab that will allow countries to experiment, pilot and accelerate live CBDC implementations. JACKSONVILLE, Fla.–(BUSINESS WIRE)–With real-time payments […]

Taulia Announces 250% Increase in Asia Pacific Enterprise Deals

SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions and part of the SAP Group, today announces strong year-over-year growth in Asia Pacific. Since it announced expansion in the region one year ago, the number of deals won by Taulia has risen by more than 250%, including logos in the packaging, IT services […]

Spinwheel Launches Spinwheel CARES, a Comprehensive Student Debt Solution to Help Borrowers Take the Wheel of Student Debt

OAKLAND, Calif.–(BUSINESS WIRE)–Spinwheel, the leading intelligent embedded debt platform, today announced Spinwheel CARES, its newest Student Debt API Solution to help financial services and apps prepare their customers for the end of the payment pause and take the wheel of their student debt. “The moratorium has brought relief for many, but we can’t wait idly […]

D.A. Davidson Advises Leading Sell-Side CRM Provider, Tier1 CRM, on Its Sale to SS&C Technologies

NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. announced today that it has served as the exclusive strategic and financial advisor to Wavecrest Growth Partners-led Tier1 CRM, a global leader in deal management and compliance solutions, on its sale to SS&C Technologies Holdings, Inc., (NASDAQ: SSNC) a multinational holding company that provides software and services to customers […]

Skyflow Deepens Collaboration with Visa to Make Network Tokenization the Secure Payments Standard

The addition of network tokenization bolsters Skyflow’s data privacy vault offering, which helps companies manage, access and govern sensitive PII, PHI and PCI-regulated data. PALO ALTO, Calif.–(BUSINESS WIRE)–#PII—Skyflow, the data privacy vault company, announced its expanded collaboration with Visa, the world leader in digital payments, to tokenize cards directly with Visa and other major card […]

Digital Banking Platform Cogni Expands Executive Team To Integrate Web3 and Financial Services

Pioneer fintech appoints Crypto Expert to spearhead Web3 expansion and regulatory compliance NEW YORK–(BUSINESS WIRE)–Cogni, the lifestyle-focused banking platform bridging the gap between Web2 and Web3, has announced a new addition to its leadership team. Simon Grunfeld, a seasoned product innovator in the cryptocurrency and NFT industries, is joining Cogni as VP of Web3. In […]

Ledgebrook Chooses Socotra to Transform the Wholesale Broker Experience

The latest in Socotra’s growing roster of innovative customers, Ledgebrook has ambitious plans to modernize E&S lines of insurance AUSTIN, Texas–(BUSINESS WIRE)–Socotra, the modern core platform provider for innovative insurers, today announced that Ledgebrook, an insurtech MGA focused on the excess and surplus (E&S) market, has chosen Socotra policy core platform to help provide wholesale […]

SMBC Group to Launch Jenius Bank™, a New Digital Consumer Banking Business in the U.S.

TOKYO–(BUSINESS WIRE)–Sumitomo Mitsui Financial Group, Inc. (“SMFG”, President and Group CEO Jun Ohta, together with subsidiaries “SMBC Group”) announced today that it will strengthen its presence in the U.S. with a new digital consumer banking business. Jenius Bank™ will launch and operate as a new division of Manufacturers Bank, a California state-chartered bank that is […]

Q2 Innovation Studio Named Finovate Award Finalist for Best Fintech Accelerator/Incubator

Award Recognizes Q2 for Driving Innovation for Banks and Credit Unions Through Partnership with Fintechs AUSTIN, Texas–(BUSINESS WIRE)–Q2 (NYSE: QTWO), a leading provider of digital transformation, today announced it has been named a Finovate Award finalist for the Best Fintech Accelerator/Incubator category. This marks the third time Q2 has been named a finalist, including when […]

BitNile and Fortium Announce that a Fortium Subsidiary, White River, Commences Drilling Project with a BitNile Subsidiary, Ault Energy

White River also secures two additional drilling rigs for its vertically integrated oil and gas operation with capabilities to perform in-house drilling projects to depths of up to 30,000 feet LAS VEGAS & FAYETTEVILLE, Ark.–(BUSINESS WIRE)–$AP #100_oil_wells—BitNile Holdings, Inc. (“BitNile”) (NYSE American: NILE) and Fortium Holdings Corp (“Fortium”) (OTC: FRTM), today announced that Fortium’s wholly-owned […]

EeroQ Raises $7.25M in Funding Led by B Capital’s Ascent Fund to Build Scalable Quantum Computer With Ethical Focus

The Chicago-based startup is the only company designing quantum computers (QC) using electrons floating on helium (eHe). CHICAGO–(BUSINESS WIRE)–#hpc—EeroQ, a quantum computer (QC) chip design company, today announced its first round of institutional funding after five years of R&D, a $7.25M Seed Round led by multi-stage investment firm B Capital’s Ascent Fund, with participation from […]

Total Expert Achieves Momentous Growth as Platform Helps Financial Institutions Navigate Challenging Market

The platform’s success underscores the need for personalized financial journeys in an uncertain housing market MINNEAPOLIS–(BUSINESS WIRE)–#banking—Total Expert, the only CRM and customer engagement platform purpose-built for modern financial institutions, is experiencing strong growth and industry recognition as economic uncertainty drives financial institutions to find ways to strengthen customer relationships. As the company doubles down […]

Seabury Securities Advises Malaysia Aviation Group in Acquisition of 20 A330neo Aircraft

Aircraft to Support Group’s Fleet Modernization Program NEW YORK–(BUSINESS WIRE)–#Airbus–Seabury Securities LLC (Seabury”) announced today that the company’s Aviation team advised The Malaysia Aviation Group (“MAG”), the parent company of Malaysia Airlines, in the acquisition of 20 Airbus A330-900neo aircraft. Seabury served as MAG’s exclusive financial and fleet advisor for the fleet acquisition and financing. […]

Untether AI Unveils Its Second-Generation At-Memory Compute Architecture at HOT CHIPS 2022

speedAI architecture delivers 2 PetaFlops of performance at 30 TeraFlops/W of energy efficiency PALO ALTO, Calif.–(BUSINESS WIRE)–Untether AITM, the leader in at-memory computation for artificial intelligence (AI) workloads, today announced at the HOT CHIPS 2022 conference its next-generation architecture for accelerating AI inference workloads called speedAI devices, with an internal codename “Boqueria.” At 30 TeraFlops […]

Arc Home LLC Selects Tavant to Launch Advanced Wholesale And Correspondent Lending Platforms to Enhance Customer Experience

Tavant’s VΞLOX FinXperience platform provides a seamless experience for expanding their customer network. SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitaltransformation—Tavant, a Silicon Valley-based provider of industry-leading digital lending solutions, today announced that Arc Home LLC (Arc Home), a full-service residential lender and servicer, operating in the wholesale, correspondent, and retail origination channels, has chosen Tavant to accelerate their […]

Arkansas Municipal League Selects Origami Risk Core Suite to Drive Efficiency in Workers’ Comp, Auto and Property Insurance

Shared Risk Pool Leveraging Origami’s Multi-Tenant SAAS P/C Insurance Suite To Streamline Policy Administration, Billing, Claims Management NORTH LITTLE ROCK, Ark.–(BUSINESS WIRE)–#CoreSolutions–The Arkansas Municipal League (AML) has selected Origami Risk’s multi-tenant SAAS P/C platform for policy administration, billing and claims management for its workers’ compensation, commercial auto and property insurance programs. Origami’s platform offers AML […]

Usio Prepaid Card Solution Featured in Mastercard’s New Marketing Campaign on Next Gen Solutions

SAN ANTONIO–(BUSINESS WIRE)–Usio, Inc. (Nasdaq: USIO), a leading cloud-based FinTech integrated payment solutions provider, today announced that Mastercard has chosen to feature Usio as a key example of its Next Gen Solutions in its new marketing campaign for Mastercard City Key™. The featured program was a prepaid Mastercard® issued by the New York City Economic […]

Helix Named Finovate Award Finalist for Best Embedded Finance Solution

Helix Recognized for Being Among the Best Banking-as-a-Service Providers AUSTIN, Texas–(BUSINESS WIRE)–Helix by Q2 (NYSE:QTWO), a cloud-native core purpose-built for embedded finance, today announced it has been named a Finovate Award finalist for the Best Embedded Finance Solution category. This marks the first time Helix has been named a finalist, recognizing its innovative approach to […]

Financial Services Software Has Fewer Security Flaws Than Most Industries

Despite Low Flaw Prevalence, Finance Industry Lags in Fix Rate 30 Percent of Open-source Flaws Remain Unresolved After Two Years BURLINGTON, Mass.–(BUSINESS WIRE)–#AppSec—Veracode, a leading global provider of application security testing solutions, today released data revealing that the financial services industry ranks among the best for overall flaw percentage when compared to other industries, but […]

iCapital® to Acquire US Alternative Investments Feeder Fund Platform from UBS

UBS outsources feeder fund management to iCapital, supporting advisors’ focus on client outcomes NEW YORK–(BUSINESS WIRE)–iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and UBS (NYSE: UBS) today announced they entered into a definitive agreement whereby iCapital will acquire UBS Fund Advisor LLC, […]

Reading Cooperative Bank Partners with ZSuite Technologies to Enhance Small Business Banking Services, Expand Commercial Banking Market Reach

Bank automates subaccounting processes for large commercial investment portfolio, streamlines workflow with digital escrow platform WESTWOOD, Mass.–(BUSINESS WIRE)–#ZSuiteTech—ZSuite Technologies (ZSuite Tech), a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers, today announced it has partnered with Reading Cooperative Bank (RCB) to […]

POSaBIT Announces ~$20MM USD Guaranteed Minimum Revenue Software License Agreement with Cannabis Technology Provider

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (“POSaBIT” or the “Corporation”) is pleased to announce the effectiveness of a software license agreement signed after market close on August 22, 2022 (the “License Agreement”) pursuant to which POSaBIT has granted a non-exclusive, worldwide license to a large Cannabis technology partner (the “Licensee”) to commercialize the Corporation’s point-of-sale […]

MANTL Announces Omnichannel Deposit Origination Platform for Credit Unions

Built from scratch with the member experience in mind, MANTL partnered with Alliant Credit Union to develop a digital deposit origination solution focused on speed, simplicity and security NEW YORK–(BUSINESS WIRE)–MANTL, a leading provider of account origination solutions, today announced its expansion into the credit union market with MANTL for Credit Unions. Custom built with […]

Axway Named a Leader in Latest API Management Solutions Report

Independent research firm cites customer praise of focus on customer success along with the Amplify API Management Platform’s multi-cloud/multi-gateway capabilities PHOENIX–(BUSINESS WIRE)–Axway (Euronext: AXW.PA), a leading provider of API management and integration software, is proud to announce that it has been positioned as a Leader in The Forrester Wave™: API Management Solutions, Q3 2022, published […]

OrBit and BlockFills Execute the First American Barrier Derivative on Bitcoin

SINGAPORE–(BUSINESS WIRE)–OrBit Markets, an institutional liquidity provider in crypto options and structured products, has executed the first American barrier (“One-Touch”) product with BlockFills, a fast-growing global digital asset trading and financial technology company. As the digital assets market evolves, more investors are exploring advanced options strategies for hedging, investment, and yield enhancement, but few market […]

Ascender™ by Force Management Helps Sellers Sharpen Their Skills and Develop Elite Behaviors

CHARLOTTE, N.C.–(BUSINESS WIRE)–Force Management, provider of elite sales solutions, today launched Ascender™ by Force Management, an online subscription platform for individual contributors and small teams. Ascender taps into Force Management’s proven sales effectiveness strategies, which have led some of the world’s largest brands to achieve record revenue growth. Force Management created Ascender to elevate salespeople […]

Accident Fund Improves Injured Worker Outcomes With CLARA Analytics

CLARA Treatment Deployed To Identify Providers Associated With Positive Claims Outcomes SANTA CLARA, Calif. & LANSING, Mich.–(BUSINESS WIRE)–#AFGroup—AF Group, a nationally recognized holding company whose affiliated brands provide specialty and workers’ compensation insurance solutions across the United States, and CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology for commercial insurance claims optimization, […]

BlackRock Launches Industry’s First BuyWrite Fixed Income ETFs

Delivers Innovative Access to Treasury, High-Yield and Corporate Credit Markets NEW YORK–(BUSINESS WIRE)–BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (Cboe: TLTW), iShares High Yield Corporate Bond BuyWrite Strategy ETF (Cboe: […]

Terminal Transfer Fee Waiver Extended for ICE Midland WTI AGC Futures

HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that Magellan Midstream Partners, L.P. (NYSE: MMP) and Enterprise Products Partners L.P. (NYSE: EPD) have extended their “no-charge” arrangement between the Magellan East Houston (“MEH”) and Enterprise Crude Houston (“ECHO”) terminals to transfer crude oil delivered through […]

Riskified and Aurus Partner to Offer Secure Payment Solutions Backed by Best-in-Class Chargeback Guarantee

Merchants using AurusPay can now access Riskified’s machine-learning, end-to-end risk management solution NEW YORK–(BUSINESS WIRE)–Riskified Ltd., (NYSE:RSKD), a fraud management platform enabling frictionless eCommerce, and Aurus, Inc., a unified payments platform, today announced a partnership which will enable merchants to effectively manage their payments through all channels and enjoy the protection of a risk management […]

Bankjoy Selected to Demo New Business Banking Platform at FinovateFall 2022

DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy has been selected to demo its latest Business Banking platform at FinovateFall 2022. This marks the second time Bankjoy has taken the Finovate stage to showcase its cutting-edge digital technology. Bankjoy’s Business Banking platform features one portal for multiple business accounts, the ability to manage multiple users, control permissions, and […]

TaskUs Named a Major Contender in Everest Group’s PEAK Matrix® for Financial Crime and Compliance Operations – Services

NEW BRAUNFELS, Texas–(BUSINESS WIRE)–TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, was recognized as a Major Contender in Everest Group’s Financial Crime and Compliance (FCC) Operations – Services PEAK Matrix® Assessment 2022. Everest Group is a provider of strategic research insights on IT, business process, […]

Bill.com Adds Experienced SMB Leaders to Executive Team, Hiring Irana Wasti as Chief Product Officer and Sofya Pogreb as Chief Operating Officer

Bringing expertise in scaling global growth businesses SAN JOSE, Calif.–(BUSINESS WIRE)–Bill.com (NYSE:BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates financial operations for small and midsized businesses (SMBs), announced today that Irana Wasti has joined the company as Chief Product Officer (CPO) and Sofya Pogreb has joined as Chief Operating Officer (COO). […]

PolySwarm Launches Token Rewards For Internet Browsing

The NectarNet browser plug-in rewards browsing with PolySwarm’s Nectar (NCT) Token SAN DIEGO–(BUSINESS WIRE)–#blockchain—PolySwarm, a cybersecurity provider using blockchain technology to crowdsource threat intelligence for enterprise customers such as Microsoft, Verizon, and eBay, today announced the launch of a first-of-its-kind malware intelligence-collection browser plug-in. The plug-in rewards individuals for the data they provide by simply […]

Bona Vista Water Receives 75% of Bill Payments Electronically with InvoiceCloud’s Payment Solution

FARR WEST, Utah & BOSTON–(BUSINESS WIRE)–Bona Vista Water Improvement District has received 75% of bill payments electronically since implementing InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, in April 2021. Bona Vista Water saved $5,000 in the first year with InvoiceCloud and saw a 20% decrease in payment related calls in the […]

BlackRock Expands Megatrends Platform with the Launch of the Future Financial and Technology ETF

Leverages firm’s deep fundamental research expertise and strong active and index platforms NEW YORK–(BUSINESS WIRE)–BlackRock has expanded its Megatrends platform with the launch of the BlackRock Future Financial and Technology ETF (NYSE Arca: BPAY). The Fund is actively managed by BlackRock’s Fundamental Equity (FE) franchise and seeks to maximize total return by investing in companies […]

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