Business Wire


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 […]

Hackensack Meridian Health Innovates Patient Billing and Payments with TD Bank and Nordis Technologies

CHERRY HILL, N.J. & CORAL SPRINGS, Fla.–(BUSINESS WIRE)–#CCM—TD Bank and Nordis Technologies have collaborated to deliver a fully integrated patient billing and payments solution for Hackensack Meridian Health, New Jersey’s largest and most comprehensive health system. The seamless system has digitally transformed key revenue cycle operations for greater efficiency, automation and agility while improving patient […]

Cerby Launches With World’s First Security Platform for Unmanageable Applications

Innovative architecture mitigates risk by empowering employees to register their own applications, allowing organizations to detect and automatically correct security lapses Shadow IT spending—applications acquired and used by business professionals with company funds but without IT authorization—now represents more than 40% of enterprise IT outlays 86% of cloud-based services in the average enterprise now represent […]

Sabey Data Centers Commits to Net-Zero Carbon Emissions by 2029

Accelerating its science-based target set previously for both direct and indirect emissions AUSTIN, Texas–(BUSINESS WIRE)–#Environment—Sabey Data Centers, a premier colocation data center provider, today announced its commitment to reach net-zero carbon emissions by or before 2029 across its Scope 1 and Scope 2 emissions. The Science-Based Target Initiative (SBTi), a global body that aligns enterprise […]

Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance

Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. RESTON, Va.–(BUSINESS WIRE)–The Financial Data Exchange (FDX) today reports that 32 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in January 2022, nearly one million additional consumer […]

Citi, J.P. Morgan and AccessFintech Achieve Operational Efficiencies Through Data and Workflow Collaboration

30% reduction in trade fails over 12 months and 76% reduction in email traffic for operational processes for trades between the two dealers Collaboration with AccessFintech delivering superior client service, transforming operational processes and risk management LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–#BePartOfTheNetwork—AccessFintech, a leading fintech company evolving the financial operating model through […]

Flowdesk, the French Digital Asset Financial Technology Provider, Raises $30 Million to Expand Its Infrastructure and Trading Platform

Flowdesk announced that it has raised $30 million from leading investors such as Eurazeo, Aglaé Ventures, ISAI, Speedinvest, Fabric.vc, Ledger, and Coinbase, and 20 well-known business angels, including Alexandre Prot (Qonto), Nicolas Julia (Sorare), Pascal Gauthier (Ledger) and Sébastien Borget (The Sandbox). Founded in 2020, Flowdesk markets a crypto-asset trading solution and market-making services for […]

ICE Semiconductor Index Selected as Benchmark for Mega International’s New Taiwan-Listed ETF

ATLANTA & HONG KONG–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that the ICE Semiconductor Index (ICESEMI) was selected by Mega International Investment as the benchmark for the Mega ICE Semiconductor ETF, which is listed on the Taiwan Stock Exchange. The ICE Semiconductor Index is […]

AnalytixInsight Announces Changes to InvestoPro Board of Directors

TORONTO–(BUSINESS WIRE)–$ALY.V #AI–AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), a financial content and enterprise software solutions provider, announces changes to the board of directors of InvestoPro, a subsidiary of the Company’s fintech affiliate, MarketWall. InvestoPro has developed and received regulatory approval for an advanced online digital trading platform that has been introduced […]

KopenTech Launches Revolutionary KTX DirectBidding™ Offering to Enable Direct Peer-to-Peer CLO Trading

KopenTech platform has over 150 buy-side clients on the platform and 15 banks streaming live prices LOS ANGELES–(BUSINESS WIRE)–KopenTech, the online trading and analytics platform for structured products, announced today the launch of KTX DirectBidding™. DirectBidding™ is a trading protocol that allows buy-side investors to trade CLOs directly and anonymously with each other and to […]

Lokyata Announces Systems Integration with Infinity Software, Bringing Enhanced Loan Decisioning Capabilities to Lending Institutions

WASHINGTON–(BUSINESS WIRE)–#banking—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced that its real-time, automated credit decisioning tool, BankAnalyze, is now integrated with Infinity Software’s loan management software platform. Infinity Software has been providing software solutions to direct-to-consumer lenders for 20 years and has enabled over 700 businesses to […]

Paywallet Chosen to Join Mastercard Global Start Path Open Banking Program as Inaugural Member

JACKSONVILLE, Fla.–(BUSINESS WIRE)–Paywallet LLC www.yourpaywallet.com, a payroll-linked verification and remittance ecosystem, today announced it was selected to join the Mastercard global Start Path Open Banking program to leverage Mastercard’s open banking expertise and market insights. Paywallet is the only U.S.-based startup to be included in the first cohort. During the three-month Start Path Open Banking […]

Earn by Mission Lane Launches Enhanced Features to Help Gig Workers Increase Their Income and Manage Their Money

Earn will deliver personalized insights and expanded job opportunities RICHMOND, Va.–(BUSINESS WIRE)–Mission Lane, a purpose-driven financial technology company, today launched a series of product enhancements for its Earn app to help people grow and optimize their income through a gig work discovery engine and an automated income tracker. Mission Lane provides high-quality, transparent, and data-driven […]

Alviere Closes Financing From Silicon Valley Bank to Fuel Growth in Europe and Latin America

Leading Embedded Finance Enterprise Software Provider Will Leverage Recent Funding to Drive Continued Customer Acquisition and Product Innovation Following a Year of Strong Customer Growth and Geographic Expansion DENVER–(BUSINESS WIRE)–Alviere, the leading provider of enterprise software solutions for embedded finance easily enabling any brand to deliver a full suite of financial products and services to […]

Guidewire Promotes Eight PartnerConnect Solution Partners

Solution partners’ powerful apps and technology for use with Guidewire – and available in the Marketplace – enable P&C insurers to innovate and grow SAN MATEO, Calif.–(BUSINESS WIRE)–Guidewire Software, Inc. (NYSE: GWRE) today announced that eight Solution partners have been promoted within the PartnerConnect Solution Alliance Program for their contributions serving mutual customers. Guidewire’s solution […]

Access Softek Adds Cryptocurrency Investment with Launch of EasyCoin

– Five Credit Unions Under Contract for Crypto Investing – BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, an omnichannel digital banking provider, has launched EasyCoin, a cryptocurrency investment solution. As an integrated feature of the company’s award winning mobile and online banking solution, banks and credit unions can now effectively address several strategically important issues, namely, competing with […]

iCapital® Announces Strategic Investment from Bank of America

Investment builds upon partnership supporting Merrill and Private Bank advisors Strengthens iCapital’s position as the industry-wide solution of choice for banks and wealth managers NEW YORK–(BUSINESS WIRE)–#Alternatives—iCapital1, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today that Bank of America has made a […]

Brim Financial Announces Partnership With Air France-KLM to Launch a Credit Card Program for Their Canadian Flying Blue Members

Air France-KLM loyalty program Flying Blue partners with Brim to launch their credit card offering and digital experience – to increase features and value for members TORONTO–(BUSINESS WIRE)–Brim Financial, one of the fastest growing fintechs and a licensed credit card issuer, today announced a partnership with Air France-KLM in Canada. The joint Air France and […]

Leasing Changed Forever, Funnel’s Online Leasing Solution Rolls Out for Customers

Mobile-First and Industry’s First FinTech Integration Optimized Toolset Allows Completed Leases in Under 10 Mins TAMPA, Fla.–(BUSINESS WIRE)–Funnel Leasing, the only Renter Management Software platform, announced today that they’re launching their online leasing solution. The solution was developed in partnership with Essex Property Trust, Inc., an S&P 500 company and the 13th largest owner and […]

South African-Based Fintech, Xago, Launches XGB, Enabling End-to-End British Pound Transfers within Minutes

CAPE TOWN, South Africa–(BUSINESS WIRE)–#Africa–Xago Technologies (Pty) Ltd. in CAPE TOWN, South Africa, announces support for the British Pound with its stable coin XGB which is backed 1:1 with the Pound, enabling clients across the world to purchase GBP, transfer and reach its pay-out point within minutes, highly securely, compliantly and with certainty. Xago recently […]

Norma: Turkey’s First Neobank for Freelancers, Sole-Traders, and Micro-SMBs Launches Platform to Help Manage their Business and Finances

With a mission to change banking and financial management for small businesses and freelancers, Norma combines finance and accounting services on a single platform to create a simple, transparent, and efficient solution beyond traditional banking. ISTANBUL–(BUSINESS WIRE)–Norma, an all-in-one banking, accounting, and business services platform, has seen interest from members early on with more than […]

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