Key facts FIS has enhanced its wealth management solutions to include self-invested personal pension (SIPP) servicing in the U.K. with Quai Digital Enhancing its current infrastructure and services, Quai will utilize wealth management and service solutions from FIS to operate its savings and investment business. LONDON–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has announced it […]
While in a waitlist-only beta, the smart card has become the fastest ever growing challenger credit card by purchase volume, growing to $50M monthly volume in just six months and projecting to hit $1B in annualized spend in 2022. The Series B funding is led by Google Analytics co-founder Wesley Chan’s new fund, FPV Ventures, […]
Southland is the second credit union in the Southern California area to offer cryptocurrency buying and selling services through NYDIG LOS ALAMITOS, Calif.–(BUSINESS WIRE)–#Banking–Southland Credit Union, a billion-dollar credit union, today announced the company’s partnership with NYDIG, a leading bitcoin company. As the latest early adopter of cryptocurrency services, Southland will be the second credit […]
Visory Becomes a Leading Provider of Technology Management, Cybersecurity and Hosting Solutions for RIAs, Accountants and Others CHESTERFIELD, Mo. & SWANZEY, N.H.–(BUSINESS WIRE)–#RIAs—True North Networks has joined forces with RightSize Solutions to become Visory, a leading provider of technology management, cybersecurity and hosting solutions for independent registered investment advisors (RIAs). True North Networks provides SEC-compliant […]
Tiger Global Leads Round, Supporting Rapid Adoption of Compliant-First, Crypto-Enabled Corporate Investing Opportunity NEW YORK–(BUSINESS WIRE)–Meow, the compliant crypto yield offering for corporate treasuries, today announced it has closed on $22 million in Series A financing. The round was led by Tiger Global, with participation from QED Investors, leading cryptocurrency exchange FTX, and others, and […]
Based on blockchain-powered Ethereum smart contracts, the service enables AR teams to get paid early, without any third-party fees SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the leader in blockchain-enabled B2B payments, today launched the world’s first dynamic discounting application designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts. This is the first solution […]
BASINGSTOKE, England–(BUSINESS WIRE)–#paymenttokenization–A new study from Juniper Research has found the total number of tokenised payment transactions will exceed 1 trillion globally by 2026; rising from 680 billion in 2022. This represents growth of 58% over the next 4 years. It attributed this growth to the rise of ‘one-click’ solutions, such as Click-to-Pay, using card-on-file […]
After an incredibly successful collaboration in December 2020, A Gaming Ape is back with a new exclusive line of apparel and gaming peripherals with more designs and colorways, including Razer’s Quartz for the first time. IRVINE, Calif.–(BUSINESS WIRE)–Razer™, the leading global lifestyle brand for gamers, today announced that it has partnered with Japanese streetwear brand […]
The campus represents the company’s long-term commitment to advanced financial technology, economic growth and supporting local communities SALT LAKE CITY–(BUSINESS WIRE)–Zions Bancorporation, N.A. (NASDAQ: ZION) today hosted a ribbon-cutting celebration at its new 400,000-square-foot technology campus in Midvale, Utah. Located on the former Sharon Steel Mill Environmental Protection Agency Superfund site, the sustainably built campus […]
Global, Multi-Stage Investment Firm Names Smotherman General Partner, Promotes Shalev to Partner; Firm Also Ramps Up Operational Services to Portfolio BOSTON & SAN FRANCISCO–(BUSINESS WIRE)–#industrialtech—Battery Ventures, a global, technology-focused investment firm, has closed new funds totaling $3.8 billion to continue backing innovative companies worldwide in a variety of sectors. The new funds—raised as Battery approaches […]
NEW YORK–(BUSINESS WIRE)–#earnedwageaccess—Clair, a New York based mission driven digital banking platform, announced a partnership with Criterion to offer free on-demand pay through Clair to the HCM software firm’s clients and employees. Criterion empowers organizations to streamline their critical HR, payroll, talent engagement, and workforce management processes. By partnering with Clair, they extend that mission […]
LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) is introducing full calendar year inflation expectations to the ICE U.S. Dollar Inflation Expectations Index Family. Inflation expectations are crucial to financial markets and to policy makers. In March 2022, IBA […]
Digital homeownership company has originated more than $100B of mortgages since its inception in 2016 Harit Talwar joins as Chairman of the Board Proceeds would be used to double down on Better’s mission of serving customers’ homeownership aspirations NEW YORK–(BUSINESS WIRE)–Better HoldCo, Inc. (“Better” or the “Company”), a leading digital homeownership company, has continued the […]
LONDON–(BUSINESS WIRE)–CIBC Innovation Banking is pleased to announce £40 million of growth financing for London-based Smart, a leading retirement technology provider. Smart will use the capital to expand its market growth, accelerate the launch of strategic products, and undertake acquisitions. Smart launched in 2015 with the goal of making pension auto-enrolment and administration simple for […]
World’s First Mobility Fintech Furthers Sub-Saharan Expansion As Total Funding Reaches Over $200mn Moove, the world’s first mobility fintech, has secured a financing facility totalling R300 million (US$20 million) from Absa Corporate and Investment Banking, making this the first bank relationship for the two-year old company. Since first launching in South Africa during Q4 2021, […]
Featurespace to provide VGW with cloud-based secure solution; Partnership will protect gamers while reducing friction SINGAPORE–(BUSINESS WIRE)–Fast-growing technology company VGW has partnered with Featurespace to embed a world-leading fraud solution on its platform. Featurespace will deploy the ARIC™ Risk Hub as cloud-based Software as a Service (SaaS) to VGW, a creator of market-leading online social […]
The second annual report highlights how Q2 is fulfilling its mission, building a culture for positive change and addressing ESG opportunities AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today released its second annual Environmental, Social, and Governance (ESG) report. The report highlights how the […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#ConsumerLiquidityEngine–Velocity Solutions announces that its Consumer Liquidity Engine™ has been selected as a finalist in NAFCU’s 2022 Innovation Awards. The Innovation Awards is an annual program presented by NAFCU Services that honors the transformational and valuable contributions to the credit union industry. All entries are evaluated by a panel of top executives […]
The platform that makes investing in vacation rentals as accessible as investing in the stock market has increased demand by over 300% in Q1 2022 MIAMI–(BUSINESS WIRE)–Here, the top fractional investment platform that operates at the nexus of hospitality and real estate, announced today that it has raised a $5M seed round led by Fiat […]
Younger investors with smaller pockets are driving greater influence over the investment technology ecosystem JERSEY CITY, N.J.–(BUSINESS WIRE)–DriveWealth, LLC, a global fintech investment rail and pioneer in fractional investing, today released its new DriveTrends study, “The Year of The Millennial Trader: Trading Remained Trendy Despite Market Uncertainty,” a closer look at how the first prolonged […]
Posterity Health provides a unique male infertility-focused approach for couples during their family building journey NEW YORK–(BUSINESS WIRE)–Distributed Ventures, an early-stage venture capital firm specializing in Insurtech, Healthtech and Fintech investments, announced today it has led a $6 million Seed Series investment in Posterity Health, the only digital male fertility center of excellence that offers […]
NEW YORK–(BUSINESS WIRE)–Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a strategic growth investment in BuildingLink, a leading provider of operations and resident engagement software for luxury residential properties worldwide. Financial terms of the transaction were not disclosed. Headquartered in New York City, BuildingLink provides property managers with the tools to optimize […]
Prestigious award underscores DataVisor’s innovation and market leadership in fraud and risk management MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#AI—DataVisor, the market leader in fraud and risk management, announced today that it has been included on FinTech Global’s second annual AIFinTech100, a prestigious ranking that recognizes and highlights the world’s most innovative FinTech solution providers. Organizations selected for […]
SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management (“CSOP”) will launch its third public fund in Singapore on 13 July 2022 and the initial offer period has started on 5 July 2022. Initially launched through retail distribution platform Moomoo Financial Singapore Pte. Ltd., a leading online broker in Singapore and Hong Kong, CSOP USD Money Market Fund will invest […]
Personetics’ financial data-driven customer engagement platform will help create a more digitalized banking experience for iBank’s regional bank partners FUKUOKA, Japan–(BUSINESS WIRE)–Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for financial institutions, today announced a new partnership with iBank Marketing Co., Ltd., a subsidiary of Fukuoka Financial Group and widely […]
Leading retirement technology firm launches ‘Keystone by Smart’, a global platform to spur forward the US$62 trillion retirement savings sector Enables financial services organisations and governments to deliver 21st century tech within months, generating radically greater value for millions of savers through workplace pensions More than a million hours and $100s of millions of R&D […]
Schwab’s accelerated investment in advisor technology continues to yield new digital tools that help independent advisors pursue growth and increase efficiency WESTLAKE, Texas–(BUSINESS WIRE)–$SCHW #RIAs–Schwab Advisor ServicesTM has introduced new enhancements to its industry-leading digital onboarding capabilities, enabling independent advisors to open and fund up to 10 new client accounts in one “digital envelope,” which […]
Happy Money will accelerate awareness at scale through iHeartMedia, reaching nine out of 10 monthly consumers in the U.S. NEW YORK–(BUSINESS WIRE)–iHeartMedia, the leading audio media company in the U.S. and the No. 1 podcast publisher globally according to Podtrac, and Happy Money, a leading platform for unsecured lending in partnership with credit unions, announced […]
WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced today that XpressCredit™, a fintech that focuses on the small independent auto dealer market, has selected Lokyata’s BankAnalyze solution to help support auto loan decisioning for XpressCredit’s network of thousands of independent auto dealers nationwide. XpressCredit provides auto […]
SAN FRANCISCO–(BUSINESS WIRE)–SmartBiz®, the leading AI-powered financing platform for small businesses and Cross River®, a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced a partnership to equip more U.S. small businesses with access to the financing they need to grow. The partnership enables Cross River to leverage SmartBiz’s best-in-class […]
VLoad digital payments platform provides industry-leading privacy and security to merchants and consumers MIAMI–(BUSINESS WIRE)–Global Primex, a privacy-first payments company specializing in secure digital payment solutions for merchants and consumers, today announced the launch of its payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank (NYSE: MCB). VLoad is an innovative online payment […]
Cowbell Cyber helps small and medium-sized enterprises mitigate the risks associated with cybercrimes, ransom attacks, data breaches and more PALO ALTO, Calif.–(BUSINESS WIRE)–First Connect Insurance Services, a digital platform designed to provide independent agents with access to the nation’s top carriers, announced today the addition of Cowbell Cyber, the leading provider of cyber insurance for […]
ATLANTA–(BUSINESS WIRE)–Speedchain, Inc. a fintech focused on revolutionizing business to business payments via a modern connected data platform, has entered into an agreement with Polygon, a leading blockchain and scaling solution for decentralized systems and applications. The partnership will add capacity to Speedchain’s data and payments platform that has distributed $1.6 Billion in both corporate […]
NEW YORK–(BUSINESS WIRE)–Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a strategic growth investment in Optima Partners Holdings (“Optima” or the “Company”), a leading provider of specialized compliance advisory services to the investment management industry in the United States, United Kingdom, and Hong Kong. Headquartered in New York City, Optima provides clients […]
Lightspeed Limited Partners lean into new funds, bringing total committed capital under management to over $18B MENLO PARK, Calif.–(BUSINESS WIRE)–Lightspeed Venture Partners (“Lightspeed”) today announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (“Fund XIV”) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (“Select Fund V”) with $2.26 billion, and Lightspeed Opportunity Fund II, […]
Acquisition positions company as single vendor, best-of-breed payments and engagement solutions provider BIRMINGHAM, Ala.–(BUSINESS WIRE)–#AreYouIn—Prepaid Technologies, a pioneer in the rapidly growing digital payments solutions market, today announced the acquisition of WorkStride, a leading provider of incentive, employee recognition and rewards programs. The acquisition comes after Prepaid Technologies raised $96M in growth financing from Edison […]
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores SAN JOSE, Calif.–(BUSINESS WIRE)–Recent research from Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk […]
PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a leading provider of end-to-end fintech and regtech solutions, has been selected as one of the 2022 Best Places to Work in Illinois and Kentucky, ranking 7th and 22nd, respectively, in the large company category. The Best Places to Work in Illinois list is a project of […]
Accelerates implementations of its next-gen credit processing stack in the US with key hires SAN FRANCISCO–(BUSINESS WIRE)–#Appointment–Zeta, a banking-tech company and provider of next-gen credit card processing, today announced the appointment of Karla Booe as Chief Compliance Officer. Based in Little Rock, Arkansas, Booe will be responsible for driving regulatory compliance programs for Zeta’s US […]
The integration empowers institutions using GK8’s platform to launch their own decentralized applications in the bustling NEAR ecosystem TEL AVIV, Israel–(BUSINESS WIRE)–#GK8—GK8, the leading institutional-grade self-managed digital asset custody platform, announces its integration with NEAR Protocol, a leading next-generation blockchain ecosystem. The integration allows GK8 users to enter NEAR’s bustling Web3 network, deploying decentralized solutions […]
