Business Wire


GeoWealth Integrates with Pontera, Enabling RIAs to Manage Clients’ Held Away Assets Inside its TAMP and Enterprise Technology Platform

Pontera securely ports data into GeoWealth from clients’ held away accounts, including 401(k)s, 403(b)s and HSAs, allowing RIAs to improve client retirement outcomes CHICAGO & NEW YORK–(BUSINESS WIRE)–#401k—GeoWealth, a modern turnkey asset management platform (TAMP) built for advisors, today announced an integration with financial technology company Pontera. This integration will enable RIAs to maintain compliance […]

XTM Sees Third Straight Month of Record Growth for Its Today™ Program

NEW CLIENT SIGNINGS, GROWTH IN ACTIVE USERS RESULTS IN HIGHER GDV 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 that growth in new client […]

StyleScan Raises $1M to Expand Its Virtual Dressing Technology

Already powering multiple luxury brands’ e-commerce websites, StyleScan is accelerating the deployment of its new technology with a financial round led by Clearbrook Capital. LOS ANGELES–(BUSINESS WIRE)–StyleScan, the developer of virtual-dressing technology for the fashion industry, announced today that it raised an additional $1 million in funding, bringing its total seed-round capital to $3 million. […]

NICE Actimize Positioned as Category Leader in the Inaugural Chartis Research Communications Monitoring Solutions 2022 Market and Vendor Landscape Report

NICE Actimize’s SURVEIL-X achieved the report’s highest best-in-class rating scores in audio and voice analytics capabilities as well as in detection analytics HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been positioned as a Category Leader in the inaugural Chartis Research Communications Monitoring Solutions 2022 Market and Vendor Landscape Report. Chartis Research, part […]

Venture Studio Prototyze Launches Deck Sherpa, a Specialised Design Agency Focussed on Presentations

GOA, India & DUSSELDORF, Germany–(BUSINESS WIRE)–#AmitVengurlekar–Venture Studio Prototyze has announced the launch of Deck Sherpa (www.decksherpa.com), a specialised design agency focussed on presentations. Microsoft PowerPoint is the go-to software for presentations, globally. Whether serenading investors, inducting new employees, explaining product features, or providing financial updates – senior executives in business and governments alike have used […]

Juniper Research: Future Digital Awards for Fintech & Payments 2022 – Now Open for Applications

BASINGSTOKE, England–(BUSINESS WIRE)–Juniper Research is pleased to announce the opening of the Future Digital Awards for Fintech & Payments 2022! Since 2008, the Future Digital Awards have been presented to financial industry companies at the forefront of their respective fields: companies that deliver imaginative and innovative products or services that have the potential to disrupt […]

UK Unicorn Zilch extends Series C by $50m bringing total to $160m

~ Comes after recently raising $110m, becoming Europeʼs fastest ever Fintech Unicorn valued at $2bn ~ ~ Zilch is the best of debit & credit and is today witnessing daily customer utilization ~ MIAMI & LONDON–(BUSINESS WIRE)–#AWS—Zilch, the London-based double unicorn, today announced it has secured an additional $50m in funding, taking the total raise […]

Alameda County Adds Mischler Financial Group for Cash Management Mandate

Inaugural investment to be allocated to the Mischler dedicated share class for the BlackRock Liquid Federal Trust Fund (EDUXX) NEWPORT BEACH, Calif. & STAMFORD, Conn.–(BUSINESS WIRE)–#AlmedaCounty–The Alameda County Investment Pool has allocated an undisclosed amount in an inaugural investment to the Mischler Financial Group Shares share class of the BlackRock Liquid Federal Trust Fund (“BLFT”). […]

Bushel® Launches Digital Payment Network for US Agriculture

New products are added to the Bushel platform to address the issues in the industry of payment by paper check. Bushel’s network of more than 40% of grain origination volume in the United States will be able to quickly provide digital payments to their customers. Additional products available for those not on the Bushel network […]

Duco Opens Boston Office as Part of Continued Growth in America

Cloud-based, no code platform powers major financial institutions BOSTON–(BUSINESS WIRE)–#Boston–Duco, a leading cloud-based data automation company, today announced the opening of an office in Boston to serve a growing base of clients in North America. The Boston office, located in the Seaport area of the city, will be led by Chris Stevens, Chief Revenue Officer […]

MassMutual Ventures Announces New Fund Focused on North America and Israel

Direct investment capital managed by Boston-based team increases to $400 million BOSTON–(BUSINESS WIRE)–MassMutual Ventures (MMV) announced today that its U.S.- based team has launched a new fund to continue investing in early and growth-stage companies in the financial technology, cybersecurity, enterprise SaaS, and digital health sectors. With this latest fund, the Boston-based team will manage […]

The City of Escondido Achieves 62% Overall Self-Service Electronic Payment Adoption with InvoiceCloud’s Innovative Payment Solution

ESCONDIDO, Calif. & BOSTON–(BUSINESS WIRE)–The City of Escondido has seen 62% overall self-service electronic payment adoption since implementing InvoiceCloud, an EngageSmart (NYSE: ESMT) solution for online bill payment services, in 2018. To keep up with the latest options in digital payments and offer utility customers an intuitive, frictionless bill payment experience, Escondido implemented the InvoiceCloud […]

Citcon and Bold Commerce Open-Up More Than 150 Digital Wallets for Retailers and DTC Brands

Payments Leader and eCommerce Checkout Experience Experts Enable Sellers to Conduct Global Commerce at Scale SANTA CLARA, Calif.–(BUSINESS WIRE)–Citcon Inc., the leading mobile wallet payment provider enabling global commerce at scale, today announced it has completed integration of its unified payments API into the Bold Commerce headless checkout experience. The combined Citcon and Bold Commerce […]

American Century Investments® Selects Marstone to Provide Digital Wealth Management Platform for New and Existing End Clients

Digital advice services will now complement American Century’s robust investment offerings of mutual funds, ETFs, advisor-led portfolios and other investment solutions NEW YORK–(BUSINESS WIRE)–#banking—Marstone, Inc., a leading digital wealth technology firm, today announced a commercial relationship with American Century Investments, the $230 billion* global asset manager, providing clients with Marstone’s digital wealth management platform. This […]

ICE Promotes New Leaders at Futures Exchanges

LONDON & NEW YORK & AMSTERDAM & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, announced the succession of new leaders to serve as its presidents of several of its key futures exchanges, including ICE Futures Europe, ICE Futures U.S., ICE Futures Singapore, and ICE Endex, among other […]

tastyworks Adds Risk Analysis Tool to Help Traders Better Manage Risks in Their Positions

Traders Can Now Visualize Exposure to Determine Their Risk / Reward Equation for Their Positions; Calculate Probable Risk of Options Trades CHICAGO–(BUSINESS WIRE)–#futurestrading—tastyworks, the online broker created by traders to empower retail investors, has expanded its robust risk management functionality enabling active traders to analyze and better manage the estimated risk in their options trading, […]

New Citi GPS Report Looks at Opportunities to Drive Efficiency in the Housing Market

The housing market has missed the technology wave of the past few decades. But tight supply/demand and affordability concerns following the pandemic are leading to increasing PropTech solutions that drive efficiency throughout the real estate transaction. NEW YORK–(BUSINESS WIRE)–Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of […]

FIS Increases Approval Rates and Decreases eCommerce Fraud Liability for Merchants with Guaranteed Payments

Key facts FIS becomes the first payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases. The company’s new FIS Guaranteed Payments offering helps maximize revenue through higher approval rates and creates a faster, more seamless embedded […]

Nautical Commerce Raises $30M to Scale Multi-Vendor Marketplace Technology

Founded and led by former executives from Apple, Visa, Top Hat, and TouchBistro, Nautical is making best-in-class marketplace technology accessible to everyone, from startups to enterprises NEW YORK–(BUSINESS WIRE)–#B2Bmarketplace—Nautical Commerce, the on-demand multi-vendor platform for marketplaces, today announced that it raised $30 million in Series A funding. The round was led by Drive Capital, with […]

Outsourced Investment Firms Totaling Nearly $160 billion in Assets Under Advisement Adopt Lenox Park Solutions’ Diversity Tools

Growing Number of Outsourced Chief Investment Officer (“OCIO”) Firms Adopt Data Aggregation Technology, Impact Scores, and Benchmarking Metrics Developed by Lenox Park Solutions as Standard Tools to Measure Diversity, Equity and Inclusion (“DEI”) NEW YORK–(BUSINESS WIRE)–Lenox Park Solutions, Inc. (“Lenox Park”, or the “Company”), a leading collaboration and data analytics financial technology firm, has reported […]

MCO launches Know Your Risk (KYR) to Provide Financial Services Firms with Comprehensive Compliance Governance and Oversight

New offering allows firms to develop a complete view of compliance risk and assurance over time DUBLIN–(BUSINESS WIRE)–#asiarisk–Global conduct risk and compliance technology provider MCO (MyComplianceOffice), announced today the launch of its new Governance and Oversight suite, Know Your Risk (KYR). KYR is a modular solution that enables firms to set regulatory priorities, identify policy […]

Guidewire Announces Sopra Steria as New Consulting Alliance Partner

Technology and consulting services provider helps P&C insurers accelerate innovation to drive operational excellence and enhance the customer experience SAN MATEO, Calif. & PARIS–(BUSINESS WIRE)–#Guidewire—Guidewire (NYSE: GWRE) announced that Sopra Steria, a leader in consulting, digital services, and software development, has joined Guidewire PartnerConnect as a Consulting alliance member at the Select level for the […]

Airwallex Launches Global Payment Services in New Zealand; Drives Business Growth in the ANZ Region

AUCKLAND, New Zealand–(BUSINESS WIRE)–Leading financial platform Airwallex today announced the launch of its global payment services in New Zealand. The launch will enable businesses in New Zealand to tap into Airwallex’s global payments services, offering a faster, more cost-effective and transparent alternative to traditional banks. Businesses in New Zealand now have access to key Airwallex […]

HPE GreenLake Advances Hybrid Cloud Experience with Modern Private Cloud and New Cloud Services

News Highlights HPE GreenLake platform provides a unified experience across edge to cloud; deepens security, extends developer tools, and strengthens capabilities to run workloads at scale HPE GreenLake for Private Cloud Enterprise delivers a transformed and modern private cloud experience with automated, flexible, scalable pay-as-you-go private cloud for traditional and cloud-native workloads HPE GreenLake adds […]

Brazilian Multinational Sensedia Expands Global Footprint to US Market

MIAMI–(BUSINESS WIRE)–Sensedia, a global API solutions provider, today announced its expansion to the US market. The Sensedia Platform allows customers to rapidly scale API-centric architectures, enabling digital strategies while addressing major concerns such as security, governance, monetization and developer engagement needs. Co-founded in 2007 by Kleber Bacili, CEO, and Marcilio Oliveira, Chief of Growth, Sensedia […]

Flyp Selects Galileo to Power Its Gamified Mobile Banking Platform

The Banking-as-a-Service application will leverage Galileo’s flexible API-enabled platform to offer a new, powerful way to bank SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Flyp. Flyp is a banking app and digital wallet, […]

Service Lloyds Enhances Workers’ Compensation Underwriting with Gradient AI

Allows Underwriters to Better Predict Risk, Improve Pricing Accuracy, Supports Company Expansion Plans BOSTON–(BUSINESS WIRE)–#AI—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry announced today that Service Lloyds Insurance Company has adopted its solution to better predict risk and improve the pricing accuracy of workers’ compensation policies. Specializing […]

Q2 Achieves Record Fintech Adoption by Financial Institutions

Quadrupled fintech integrations on the Q2 platform to 80+ solutions through the Q2 Innovation Studio, and 280 licenses signed by financial institutions AUSTIN, Texas–(BUSINESS WIRE)–Q2 (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today provided an update on the rapid expansion of its fintech partner ecosystem since launching the Q2 Innovation […]

Mercury® Financial Demonstrates Leadership in Financial Inclusion, Surpassing $2.0 Billion of Near Prime Credit Card Balances

Disciplined, data driven approach results in high credit quality portfolio WILMINGTON, Del.–(BUSINESS WIRE)–Mercury® Financial, LLC, a financial inclusion technology leader exclusively serving the near-prime market with credit cards, announced today that it has achieved another milestone, with customer loans topping $2.0 billion. The company’s advanced technology, experienced credit card team and disciplined approach enables Mercury® […]

Ubiquity Retirement + Savings® Adds 3(16) Administrative Fiduciary Services to Select 401(k) Products

Innovative services offer plan sponsors comprehensive compliance and back office administrative support SAN FRANCISCO–(BUSINESS WIRE)–Furthering their commitment to providing retirement savings solutions for all, Ubiquity Retirement + Savings® (Ubiquity), a financial technology pioneer in flat-fee small business retirement plans, today announces the addition of 3(16) administrative fiduciary services to its 401(k) product Reserve(k)®, with plans […]

Tenet Launches New Electric Vehicle Financing Platform

Company Also Announces $18 Million Seed Round That Will Accelerate The Adoption of Sustainable Home Upgrades NEW YORK–(BUSINESS WIRE)–Tenet today unveiled a new financial solution that lowers the cost of ownership for EVs and ushers in a new era that puts carbon-free emissions within reach for almost every new car owner and buyer. Launching with […]

CAIS Receives Strategic Investment from Hamilton Lane

Latest capital infusion underscores heightened demand for alternative investments access amid growing economic uncertainty NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced a strategic investment from Hamilton Lane (NASDAQ: HLNE), a leading private markets investment management firm with more than $901 billion in assets under management and supervision. Hamilton Lane is the latest […]

Vergent LMS Empowers Data-Driven Decisions with CRS Partnership

RIDGELAND, Miss.–(BUSINESS WIRE)–Vergent LMS, a premier fintech lending platform, announced that it is partnering with CRS, the single platform for all credit, fraud, and compliance needs, to simplify compliance, unlock more data, and boost data-driven decisions for Vergent customers. CRS joins 25 years of credit industry expertise with modern technology to power smart, scalable lending. […]

Advisor360° Introduces New Beneficiaries Capability for Insurance Policies

Financial advisors can see and report beneficiaries consolidated across investment and insurance products for a more connected digital wealth experience WESTON, Mass.–(BUSINESS WIRE)–#Data—Advisor360°, a Software as a Service (SaaS) provider of integrated technology for the wealth management industry, today announced a significant cross-product enhancement to its existing Beneficiaries capability. Financial advisors are now able to […]

Cogent Bank Launches Real-Time, Blockchain-Based Payments Through TassatPay®

NEW YORK–(BUSINESS WIRE)–#KevinGreene—Tassat® Group Inc., the leading provider of private blockchain-based, B2B real-time payments and financial services solutions to banks, today announced that Orlando, Florida-headquartered Cogent Bank has launched a fully-integrated digital banking platform powered by Tassat. The private permissioned blockchain-based payments platform, now available to Cogent Bank’s business-to-business (B2B) clients, is the latest adoption […]

Conversion Capital Launches $122 Million Fund III to Invest in Early-Stage Fintech and Infrastructure Startups

Fund focuses on software, cloud infrastructure, and data technologies that will bring increased efficiency and scale to highly regulated and complex industries NEW YORK–(BUSINESS WIRE)–Conversion Capital, an early-stage venture firm, today announced the closing of its oversubscribed and largest fund to date: a $122 million Fund III backed by leading institutions, family offices, and over […]

Cloud Security Alliance, Cyber Risk Institute Partner to Create Cloud Controls Matrix (CCM) Addendum for the Financial Sector

Strategic collaboration addresses sector-specific requirements within CCM framework SEATTLE–(BUSINESS WIRE)–#cloud–The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today announced that it has partnered with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations, […]

Sionic Enters Multi-Year Agreement With Google Cloud To Host ULink™ Commerce Services Platform

Companies to Build on Successes in the Secured Payments and FinTech Channels ATLANTA–(BUSINESS WIRE)–#Bank2Bankpayments—Sionic, a leading provider of omni-commerce, consumer-to-business payments solutions, today announced it has selected Google Cloud as the exclusive provider of cloud services for the nationwide rollout of its real-time, bank-to-bank digital payment service, enabling instant cash deposits from customers to merchants’ […]

StellarFi Announces Public Launch, Empowering Over 100 Million Americans to Build Credit Simply by Paying Bills

 StellarFi is the first and only product that reports all bill payments directly to Experian, TransUnion and Equifax The more than 40,000 who had been on the waitlist now may build credit quickly through StellarFi’s system of building a positive-payment history The company is a public benefit corporation with a focus on supplying accessible financial […]

OneConnect Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced the proposed dual primary listing of its ordinary shares, par value US$0.00001 per share (the “Shares”) by way of introduction on the Main Board of The Stock Exchange of Hong Kong […]

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