Business Wire

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

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 thumbnail

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 […]

Andes Wealth Technologies Awarded Patent on Investor Risk Management System thumbnail

Andes Wealth Technologies Awarded Patent on Investor Risk Management System

BOSTON–(BUSINESS WIRE)–Andes Wealth Technologies, the first company to combine behavioral finance and risk analytics, empowering financial advisors to differentiate, satisfy Reg BI, and deliver hyper-personalized services, announces today that the U.S. Patent and Trademark Office has approved its patent application, Investor Risk Management System, covering the company’s proprietary Risk Tolerance Test and deep analytics. Winner […]

Valor PayTech Adds New Omnichannel Payments Technology and Functionality thumbnail

Valor PayTech Adds New Omnichannel Payments Technology and Functionality

NEW YORK–(BUSINESS WIRE)–#Bluetooth—Valor PayTech, a fast-growing fintech provider of end-to-end, processor-agnostic omnichannel payments solutions, today announced it is enhancing its offering with new, in-demand payments technology and functionality. Valor strives to provide resellers and their merchant customers with comprehensive, cutting-edge tools and flexibility they need to succeed in today’s rapidly changing business environment while creating […]

Greenwood, Inc. Acquires Valence to Provide Professional Development and Job Recruiting for the Black Community thumbnail

Greenwood, Inc. Acquires Valence to Provide Professional Development and Job Recruiting for the Black Community

Strengthens Greenwood as the largest digital network for Blacks and minorities; Follows Recent Acquisition of The Gathering Spot and Creates a Trifecta of Fintech Product, Million Member Community, and Career Development Platform ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and business owners, has announced the acquisition of Valence, the leading platform […]

Bento Engine Announces Seed Funding From Wealth Management Industry Leaders thumbnail

Bento Engine Announces Seed Funding From Wealth Management Industry Leaders

NEW YORK–(BUSINESS WIRE)–#CRMPartner—Bento Engine Inc., (“Bento”) a FinTech empowering financial advisors to deliver proactive, comprehensive advice at scale to better serve clients, deepen relationships and convert more prospects, today announced a substantial investment from veteran wealth management leaders and senior executives following a year of accelerated growth and adoption by financial advisory firms. Bento’s technology […]

YieldX Announces Partnership with Jefferies to Empower Advisors with Optimized, Yield-Driven Portfolio Construction Suite thumbnail

YieldX Announces Partnership with Jefferies to Empower Advisors with Optimized, Yield-Driven Portfolio Construction Suite

After a successful pilot, Jefferies expands its partnership with YieldX to offer more advisors access to leading yield-driven portfolio construction tools MIAMI–(BUSINESS WIRE)–YieldX, a FinTech company reimagining fixed income investing, today announced a partnership with Jefferies. Jefferies’ Wealth Management advisors will now be able to access and leverage the full YieldX solution set to broaden […]

Flexiti Reaches $2 Billion in Loan Originations thumbnail

Flexiti Reaches $2 Billion in Loan Originations

Rapidly growing Canadian fintech brand doubles loan volume in under a year TORONTO–(BUSINESS WIRE)–Flexiti Financial Inc. (“Flexiti”), a leading point-of-sale consumer financing solution for retailers, is pleased to announce that the company has reached $2 billion in lifetime originations. The milestone has been achieved after the company reached $1 billion in total loan originations in […]

Brace Announces New KPIs for Measuring Mortgage Servicer Impact thumbnail

Brace Announces New KPIs for Measuring Mortgage Servicer Impact

New success metrics and benchmarks for Servicers in the digital age include proactive efficiency, in-house compliance and consumer empowerment targets. LOS ANGELES–(BUSINESS WIRE)–Brace, the mortgage servicing infrastructure fintech, shares insights on the power of harnessing the most effective targets in the new, digital age of mortgage. Current mortgage servicing Key Performance Indicators (KPIs) tend to […]

Praxent Supports Sage Equity Partners in Launching Crowdfunding Platform for Modern Investors thumbnail

Praxent Supports Sage Equity Partners in Launching Crowdfunding Platform for Modern Investors

Praxent helps private equity investment firm launch new brand and digital crowdfunding investment site AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech UX design and engineering partner to financial companies, today announced that it has supported Sage Equity Partners LP, a private equity investment firm that specializes in income producing, asset-backed investments. Based in Houston, Texas, Sage Equity […]

Mako Fintech SOC 2 Certification Increases Institutional-Grade Security to Canadian Wealth Managers thumbnail

Mako Fintech SOC 2 Certification Increases Institutional-Grade Security to Canadian Wealth Managers

MONTREAL–(BUSINESS WIRE)–Mako Fintech, a leading fintech platform that automates wealth management workflows, is pleased to announce that it has successfully completed the Service Organization Control (SOC) 2 Type 1 audit. The SOC 2 audit assesses the suitability, integrity, and effectiveness of an organization’s security, availability and confidentiality controls. “Wealth managers should have confidence that their […]

Vamstar Closes $9.5M Series A to Expand AI-Based Global Healthcare Supply Chain Platform thumbnail

Vamstar Closes $9.5M Series A to Expand AI-Based Global Healthcare Supply Chain Platform

Industry veterans simplify sourcing and procurement for hospital administrators and healthcare suppliers LOS ANGELES & LONDON–(BUSINESS WIRE)–Vamstar, the leading AI-enabled global sourcing and procurement platform for medical supplies and pharmaceuticals, today announced the close of its $9.5 million Series A funding round. Alpha Intelligence Capital (AIC) and Dutch Founders Fund (DFF) led the round, which […]

SeedBlink Collaborates With TDCX to Help Its Portfolio Companies Acquire New Customers and Build Customer Loyalty thumbnail

SeedBlink Collaborates With TDCX to Help Its Portfolio Companies Acquire New Customers and Build Customer Loyalty

Collaboration will help startups to accelerate growth and to improve cost efficiency BUCHAREST, Romania–(BUSINESS WIRE)–SeedBlink, an online investment platform that connects investors with technology startups, today announced a collaboration with TDCX (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, with the aim of helping its portfolio companies accelerate […]

Napier’s Multi-org Deployment Model Delivers Reduced Total Cost of Ownership for Regulated Organisations thumbnail

Napier’s Multi-org Deployment Model Delivers Reduced Total Cost of Ownership for Regulated Organisations

LONDON–(BUSINESS WIRE)–Napier, provider of leading anti-financial crime compliance solutions, has announced a multi-org deployment capability for regulated firms looking to streamline and scale their financial crime risk management technology across multiple business entities. Napier’s multi-organisation (multi-org) capability is a versatile approach to RegTech cloud deployment that offers firms the opportunity to deploy its technology across […]

Amadis Unveils OLA Payment Processing Standard thumbnail

Amadis Unveils OLA Payment Processing Standard

Enables an industry first, a standard way for L2 and L3 transactions to communicate MONTREAL–(BUSINESS WIRE)–#AmadisPayments—Amadis, a global payment software editor, today announced OLA (Open Level 2 API), a standard that enables standardized interface between EMV Level 2 stack and EMV Level 3 payment applications, independent of device, Operating System or geography. It precisely defines […]

Mojaloop Foundation Launches the Mojaloop CBDC Center of Excellence in Singapore thumbnail

Mojaloop Foundation Launches the Mojaloop CBDC Center of Excellence in Singapore

Initiative Brings Together the Fintech Ecosystem to Explore How Central Bank Digital Currency Technologies and Mojaloop Open Source Software Can Drive Inclusion at Scale SINGAPORE–(BUSINESS WIRE)–The Mojaloop Foundation today announced the launch of its Mojaloop Central Bank Digital Currency (CBDC) Center of Excellence (COE) in Singapore to advance financial inclusion in emerging markets. In addition, […]

Evergreen Bank Group Expands Partnership With HC3 to Handle Entire Portfolio of Bank Statements and Notices thumbnail

Evergreen Bank Group Expands Partnership With HC3 to Handle Entire Portfolio of Bank Statements and Notices

-Evergreen Bank Group also integrates HC3’s services into digital banking provider Narmi to digitally present customer communications- BIRMINGHAM, Ala.–(BUSINESS WIRE)–Oak Brook, Ill.-based Evergreen Bank Group has expanded their services with long-time partner HC3 to manage all of the bank’s print, mail and digital statements and notices. In addition the bank tasked HC3, a data-driven tech […]

Retail Access to Alternative Investments Top of Mind for Financial Advisors, CAIS Survey Finds

Retail Access to Alternative Investments Top of Mind for Financial Advisors, CAIS Survey Finds

Survey also identifies lack of education as major hurdle to investing in alternatives NEW YORK–(BUSINESS WIRE)–Market volatility, interest rate hikes, and a growing lack of confidence in strong returns across public markets have prompted a surge in demand for, and access to, alternative asset classes, according to a recent independent survey conducted by CAIS during […]

Prize-Linked Banking App PrizePool Launches Debit Card With Unique Benefits thumbnail

Prize-Linked Banking App PrizePool Launches Debit Card With Unique Benefits

The PrizePool Debit Card earns cardholders tickets to the weekly drawing, increasing odds of winning a grand prize of $10,000 and reimbursement on purchases SAN FRANCISCO–(BUSINESS WIRE)–PrizePool, the popular prize-linked financial app, announced today the launch of the first-ever PrizePool Debit Card. The card, which is issued by Evolve Bank & Trust, member FDIC, and […]

Q2 Helps Axos Bank to Increase Direct Deposit Volume by 30 Percent for Q2 ClickSWITCH Accounts

Q2 Helps Axos Bank to Increase Direct Deposit Volume by 30 Percent for Q2 ClickSWITCH Accounts

Axos Bank boosts customer engagement and profitability with Q2 ClickSWITCH by enabling account holders to switch direct deposits and automatic payments quickly and securely AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced San Diego-based Axos Bank (“Axos”), a technology-driven financial services company, has […]

ICE Launches Suite of Corporate Bond Climate Indices thumbnail

ICE Launches Suite of Corporate Bond Climate Indices

Designed to Meet requirements for Paris-Aligned and Climate Transition benchmarks ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of a suite of corporate bond climate indices designed to capture the goal of achieving net zero carbon emissions by 2050. The […]

To Help Investors Personalize Portfolios During Any Market Climate, Fidelity Launches Fidelity Solo Fidfolios℠: DIY Custom Portfolios Built on Fractional Shares thumbnail

To Help Investors Personalize Portfolios During Any Market Climate, Fidelity Launches Fidelity Solo Fidfolios℠: DIY Custom Portfolios Built on Fractional Shares

New Offering Includes Proprietary Customizable Models with Low-Cost Pricing and 90-Day Free Trial With $30 Billion+ in Managed Direct Indexing Assets Today, Fidelity Reinforces Commitment to the Future of Simplified, Custom Investing BOSTON–(BUSINESS WIRE)–Building upon its commitment to provide innovative solutions for investors managing their money through all market environments, Fidelity Investments® today introduced Fidelity […]

 CompoSecure Expands Arculus™ Capabilities: Launching NFT Support, Integrating WalletConnect and Adding Cryptocurrencies thumbnail

 CompoSecure Expands Arculus™ Capabilities: Launching NFT Support, Integrating WalletConnect and Adding Cryptocurrencies

 CompoSecure’s Arculus enables users to secure their digital assets across the $44 billion NFT market volume and broader DeFi community through its advanced functionality SOMERSET, N.J.–(BUSINESS WIRE)–#3FA—CompoSecure, Inc. (Nasdaq: CMPO), a leading provider of premium financial payment cards and cryptocurrency and digital asset storage and security solutions, today announced the expansion of its Arculus Wallet™ […]

POSaBIT Secures ~CAD$5 Million Private Placement Led by Existing Institutional Investors, Priced at a Premium to Market; New Funding Supports Launch into 8 States by Year End thumbnail

POSaBIT Secures ~CAD$5 Million Private Placement Led by Existing Institutional Investors, Priced at a Premium to Market; New Funding Supports Launch into 8 States by Year End

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (“POSaBIT” or the “Company”), the leading provider of payments infrastructure in the cannabis industry, announced today a non-brokered private placement of 5,861,941 units of the Company (the “Units”), at a premium to market subscription price of CAD$0.80 per Unit, for aggregate gross proceeds of approximately […]

Less Is More: Half of Today’s Enterprises Have Reduced Their CX Footprint in the Past Year thumbnail

Less Is More: Half of Today’s Enterprises Have Reduced Their CX Footprint in the Past Year

New TELUS International survey results indicate that half of enterprises are using a single CX delivery partner to achieve all their customer experience goals VANCOUVER, British Columbia–(BUSINESS WIRE)–Research commissioned by TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and delivers next-generation solutions for global and disruptive brands, found […]

 OneConnect Announces Arrangement of Batch-Conversion of American Depositary Shares to Ordinary Shares Trading in Hong Kong

 OneConnect Announces Arrangement of Batch-Conversion of American Depositary Shares to Ordinary Shares Trading in Hong Kong

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 that it intends to make arrangements to facilitate conversion of its American depositary shares (the “ADSs”) to ordinary shares (“Shares”) in connection with the Proposed Listing (as defined below). The Company […]

Corpay Announces New Collaboration with PracBiz thumbnail

Corpay Announces New Collaboration with PracBiz

Collaboration will provide PracBiz Exchange members access to cross-border payments and foreign currency exchange solutions SINGAPORE–(BUSINESS WIRE)–Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce their new collaboration with PracBiz Pte Ltd. (“PracBiz”), the owner and operator of the B2B Digital Supply Chain Platform, PracBiz Exchange (PBX). Through […]

Mexican Fintech albo Taps Verimatrix for Threat Defense

Mexican Fintech albo Taps Verimatrix for Threat Defense

LATAM fintech innovator selects Verimatrix App Shield hosted on the Verimatrix Secure Delivery Platform to safeguard financial products aimed at the financial technology product users. AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced that albo, one of Mexico’s […]

Picatinny Federal Credit Union Taps Scienaptic’s AI-Powered Credit Underwriting Platform thumbnail

Picatinny Federal Credit Union Taps Scienaptic’s AI-Powered Credit Underwriting Platform

Implementation to increase loan approvals and ensure fair, transparent lending for all members NEW YORK–(BUSINESS WIRE)–#PicatinnyFCU–Leading global AI-powered credit decision platform provider Scienaptic AI announced that Picatinny Federal Credit Union has chosen to implement Scienaptic’s credit decisioning platform. This deployment will enable Picatinny Federal Credit Union to streamline and automate its credit underwriting process, increase […]

Deeptech Cosmian Raises €4.2m to Accelerate the Deployment of Its Privacy-by-default Solutions Using Advanced Cryptography thumbnail

Deeptech Cosmian Raises €4.2m to Accelerate the Deployment of Its Privacy-by-default Solutions Using Advanced Cryptography

This financing, mainly operated by La Banque Postale – via its new 115K innovation fund – and Elaia Partners, historical investor, will allow the French encryption specialist to accelerate the distribution of its first products and continue to innovate. Its ambition is tremendous, since it intends to establish “ubiquitous encryption” within organizations, i.e. protection for […]

BlackRock Announces Product Updates to 11 U.S.-listed ETFs thumbnail

BlackRock Announces Product Updates to 11 U.S.-listed ETFs

NEW YORK–(BUSINESS WIRE)–iShares today announced its plans to close the following U.S. -listed ETFs on August 25, 2022. Ticker Fund Name AGT iShares MSCI Argentina and Global Exposure ETF EMBH iShares Interest Rate Hedged Emerging Markets Bond ETF EWJE iShares MSCI Japan Equal Weighted ETF HJPX iShares Currency Hedged JPX-Nikkei 400 ETF ICOL iShares MSCI […]

Dercred-Next Announces a $20,000 DCRN Airdrop Event

Dercred-Next Announces a $20,000 DCRN Airdrop Event

NEW YORK–(BUSINESS WIRE)–$DCR #bitcoin—$DCR #DecredNext — Decred-Next (DCRN) is thrilled to announce a $20,000 DCRN Airdrop event as it successfully completed its hard fork earlier this month. The entry for the airdrop will be closed by June 30 (UTC) with more details available via the link (https://gleam.io/4luRF/20000-dcrn-airdrop ). While retaining key features such as high […]

ICE Midland WTI American Gulf Coast Futures See Record Volume thumbnail

ICE Midland WTI American Gulf Coast Futures See Record Volume

HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Midland WTI American Gulf Coast futures (contract code: HOU) had a single day volume record on June 14 with 4,136 contracts traded. “We’re pleased to see the increase in volume and participation in the HOU contract,” […]

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