Techwire


CB Insights Names CLARA analytics to Fintech 250 List of Fastest-Growing Fintech Startups

CLARA analytics Honored for Achievements in Transforming Commercial Insurance with Artificial Intelligence SANTA CLARA, Calif. & NEW YORK–(BUSINESS WIRE)–#AI—CB Insights today named CLARA analytics, the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, to the third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. […]

Travelers Enhances Traverse App With Image Recognition Technology

Customers can now use photo submissions to streamline policy purchases HARTFORD, Conn.–(BUSINESS WIRE)–The Travelers Companies, Inc. (NYSE: TRV) today announced that it has enhanced the ability to purchase its online personal insurance product, Traverse, with a mobile app utilizing image recognition technology. Through this upgrade, customers can now purchase a policy in under a minute […]

“Alexa, Pay for Gas” Goes Live Nationwide

Amazon, ExxonMobil and Fiserv join to deliver voice-enabled commerce experience at more than 11,500 Exxon and Mobil locations BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ:FISV), a leading global provider of payments and financial services technology solutions, alongside Amazon and ExxonMobil, announced today that “Alexa, pay for gas” is now live at more than 11,500 Exxon and Mobil […]

Onfido Named to the 2020 CB Insights Fintech 250 List of Fastest-Growing Fintech Startups

Onfido honored for achievements in Identity Verification and Authentication SAN FRANCISCO–(BUSINESS WIRE)–#fraud—CB Insights today named Onfido to the third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This win builds on Onfido’s recent appointment to CB Insights’ AI 100 early this year. “We’re proud, once again, to recognize […]

Point72 Ventures Launches Healthcare Investing Business

Scott Barclay, seasoned healthcare investor and former DCVC partner, to build team and invest in founders transforming the future of healthcare SAN FRANCISCO–(BUSINESS WIRE)–Point72 Ventures, a VC firm backed by Steve Cohen that invests in early-stage companies that are catalyzing the future of their industries, today announced the launch of a new investment team focused […]

Varo, First Consumer Fintech Granted National Bank Charter in the US, goes live with Temenos Cloud Technology

● Varo Bank, N.A. (“Varo”) supported by Temenos core banking technology provides innovative digital banking services aimed at the 180 million Americans currently underserved by the traditional system ● Temenos cloud-native and API technology enables Varo to bring products to market faster and scale to meet the surge in digital banking adoption ● Temenos’ technology […]

ValueSetters’ Newest Portfolio Company, ChipBrain, to Raise Funds via Netcapital

ValueSetters Invests in ChipBrain to Empower Sales Professionals with Emotionally Intelligent AI BOSTON–(BUSINESS WIRE)–#Investors—ValueSetters, Inc. (OTC:VSTR) announced the company has taken an equity ownership stake in ChipBrain, adding the innovative start-up to its portfolio. ChipBrain is building an emotionally intelligent AI platform that empowers sales professionals by providing live coaching during customer calls, leading to […]

Ebix Partners with F&G as One of Industry’s First to Adopt Path-breaking & Most Powerful Data Analytics Tool for Insurance Sales

JOHNS CREEK, Ga., Sept. 01, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e learning industries today announced a partnership with F&G for deploying WinFlex Analytics, EbixExchange’s industry-changing data analytics and alerts platform. Designed to give insurance carriers and […]

Gateway Insurance Company Assigned Financial Stability Rating of A, Exceptional from Demotech, Inc.

47-state licensed carrier owned by Buckle continues to advance digital fronting strategy JERSEY CITY, N.J.–(BUSINESS WIRE)–#FSR—Buckle, a tech-enabled financial services company, announced its licensed carrier, the Gateway Insurance Company, has been assigned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc. In June, Buckle announced the acquisition and recapitalization of Gateway, including its […]

Wells Fargo Launches New Low-Cost Account With No Overdraft Fees

Clear Access BankingSM supports bank’s commitment to make banking easy to understand, convenient and transparent SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo (NYSE: WFC) today announced the launch of Clear Access Banking, a new, low-cost, convenient bank account with no overdraft fees. Now available online and in branches, the new account is part of Wells Fargo’s broader effort […]

SmartAsset’s Live Connections Recognized Among ‘Best Wealth Management Solution’

Live Connections – Exclusively on SmartAsset’s SmartAdvisor Platform – is a Finalist for the ‘Best Wealth Management Solution’ at the 2020 Finovate Awards NEW YORK–(BUSINESS WIRE)–#ClientAcquisition—SmartAsset, an award-winning financial technology company that helps more than 65 million people each month make smart financial decisions, today announced that its Live Connections program has been recognized as […]

Spotify Premium Trusts dLocal to Offer New Payment Alternatives in Latin America

By leveraging dLocal’s 360 payment platform, Spotify Premium customers in Argentina, Chile, Colombia, Peru, and Mexico will have the ability to pay for their subscriptions in popular methods such as cash and bank transfers. SAN FRANCISCO–(BUSINESS WIRE)–dLocal, an award-winning fintech company specializing in cross-border payments for emerging markets, announced today that it is enabling Spotify’s […]

FRISS launches Insurance Is A Beautiful Thing campaign

CHICAGO–(BUSINESS WIRE)–FRISS, the leading provider of AI-powered fraud and risk solutions for P&C insurance companies, known for its creative approach toward the insurance industry, launched an international campaign to regain a feeling of pride in the insurance industry. “Because insurance is anything but boring,” says FRISS. Jeroen Morrenhof, CEO and Co-founder of FRISS: “We often […]

ACI Worldwide and Partners Capsys and T-Systems Power Majority of Hungary’s Real-Time Payments

Hungarian financial institutions are leveraging ACI’s Real-Time Payments solution to capitalize on expected rise in digital transaction volumes NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that it powers approximately 75 percent of Hungary’s real-time payments, after the successful go-live of the […]

PTB, a Public Blockchain for DeFi Just Launched its Mainnet Upgrade — a Scalable, Real-time Cryptocurrency Payment System With Limitless TPS Scalability

SAN FRANCISCO–(BUSINESS WIRE)–#BTC—PTB, an anonymous public blockchain project that supports the large-scale, real-time settlement of cryptocurrency payment systems has just launched its mainnet upgrade. Compared to the traditional Internet Finance market, the scale of the Decentralized Finance (DeFi) market is still small. According to DappTotal data, from June to August 2020, the lock-up value in […]

Kyriba CEO Jean-Luc Robert Named in Top 50 SaaS CEOs of 2020

Recognized for SaaS Leadership for the Second Consecutive Year SAN DIEGO–(BUSINESS WIRE)–Kyriba, the global leader in cloud treasury and finance solutions, announced today that its Chief Executive Officer and Chairman, Jean-Luc Robert, was recognized as one of the Top 50 SaaS CEOs of 2020 by The Software Report (TSR). Robert was recognized for the second […]

QuadPay Partners with Mastercard Vyze to Make it Easy for Retailers to Offer Shoppers Buy Now Pay Later Installment Payments

The partnership combines cloud-based financing with “Buy Now, Pay Later” payment plan technology to bring more payment options to consumers NEW YORK–(BUSINESS WIRE)–QuadPay, a pioneer in the Buy Now, Pay Later (BNPL) market, and recently merged with Zip Co (ASX: Z1P), announced today a partnership with Mastercard Vyze, the leading alternative financing platform, to provide […]

Mogo to Launch Mobile Peer-to-Peer Payment Solution

Targets growing trend for cashless mobile solutions VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or “the Company”), one of Canada’s leading financial technology companies, today announced plans to launch a mobile peer-to-peer (P2P) payment solution that will enable users to quickly and easily make and share payments with friends and family through Mogo’s mobile […]

Ping Identity Releases Updated Consumer Data Right Sandbox For Fast-Tracking Open Banking Adoption in Australia

Company Delivers The First Sandbox Aligned to the CDR 1.4 Specification MELBOURNE, Australia–(BUSINESS WIRE)–Ping Identity (NYSE:PING), the Intelligent Identity solution for the enterprise, today announced an industry-leading update to its Australian Consumer Data Right (CDR) sandbox environment enabling banks and fintech companies to further accelerate their CDR compliance efforts. Under CDR rules, financial institutions must […]

LexinFintech Wins The Asian Banker Award for Best AI and Innovation Lab in China

LexinFintech Receives The Asian Banker Award LexinFintech Receives The Asian Banker Award SHENZHEN, China, Aug. 29, 2020 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin”) (NASDAQ: LX), a leading online consumption and consumer finance platform for educated young professionals in China, has been awarded the Best AI and Innovation Lab Award in China by The Asian Banker, whose awards […]

Domo Announces “Curiosity: Do Data Differently”

New On-Demand Series Offers Strategies for Business Agility from Data and Analytics Experts SILICON SLOPES, Utah–(BUSINESS WIRE)–#datacuriosity—Domo (Nasdaq: DOMO), provider of the Domo Business Cloud, today announced “Curiosity: Do Data Differently” – a new video series hosted by renowned business intelligence and data management analyst Donald Farmer, Principal at TreeHive Strategy. This eight-episode series explores […]

AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases

FinTech company commands 10% of automotive franchise market by helping dealers thrive in new digital-first economy; expands executive team with 4 industry stalwarts SAN FRANCISCO–(BUSINESS WIRE)–A silver lining of the COVID-19 cloud has been rapid innovation within the automotive industry despite showroom closures. Car dealers have quickly responded to consumer preferences for a low-touch buying […]

MerchantE Takes Home Platinum and Gold Honors this Summer

Outstanding Creative and Execution Across Web and Video Wins 7 Awards ALPHARETTA, Ga.–(BUSINESS WIRE)–Twenty-year veteran in the financial industry, MerchantE had a breakthrough year shattering records for creativity and execution in bringing its modern fintech story to life. Website and videos, designed and produced by leading B2B marketing agency Marsden Marketing, earned seven top 2020 […]

Registration Opens for the Global Insurance Accelerator’s InsurTech Week 2020

Nearly 50 InsurTechs, including 20 featured companies and 28 GIA cohort alums, will participate in this year’s virtual program. DES MOINES, Iowa, Aug. 26, 2020 (GLOBE NEWSWIRE) — The Global Insurance Accelerator (GIA), a Des Moines-based InsurTech accelerator focused on innovation for the insurance industry, is pleased to announce registration for this year’s virtual edition […]

ClarionDoor Partners with Vertafore to Modernize MGA Distribution

SANTA BARBARA, Calif., Aug. 26, 2020 (GLOBE NEWSWIRE) — ClarionDoor, provider of the insurance industry’s most intelligent product distribution platform, has teamed up with Vertafore, the leader in modern insurance technology, to modernize MGA distribution via a streamlined integration between Vertafore’s AIM™ platform and ClarionDoor’s (CD) MGA Hub. Together, these solutions deliver a seamless, best-in-class […]

Revation Systems Announces the Availability of Secure Video Banking Solution to Meet Banking Need during the Pandemic

United Educators Credit Union & TAPCO Credit Union leverage LinkLive Banking Video SAN FRANCISCO–(BUSINESS WIRE)–#customerexperience—Revation Systems, a leader in cloud-based, compliant messaging and communications, today announced the release of a video banking solution as part of its flagship solution, LinkLive Banking. LinkLive Banking is unified communications software hosted in the cloud that offers banking organizations […]

TigerWit Enhances Features, Payment Processes and Adds Equity CFDs to its Platform

LONDON–(BUSINESS WIRE)–$AAPL #Amazon–Global CFD provider, TigerWit, has today announced the latest updates to its award-winning mobile trading app that includes enhanced features and a plethora of new tradable products. In the three-phase update, elements of the overall user experience were optimized, the deposit and withdrawal process were improved and some of the most heavily traded […]

FiscalNote launches Wall Street product, FiscalNote Markets

FiscalNote acquires Sandhill Strategy LLC to drive offering that delivers legislative, regulatory and political analysis to the investment community Katie Bays, co-founder of Sandhill Strategies, now Managing Director of FiscalNote Markets. Stefanie Miller, co-founder of Sandhill Strategies, now Managing Director of FiscalNote Markets. Washington, DC, Aug. 26, 2020 (GLOBE NEWSWIRE) — FiscalNote, a global technology […]

Zara (Inditex) Picks dLocal to Support e-Commerce Operations in Uruguay and Paraguay

dLocal’s platform accepts local payments in Uruguay and Paraguay, providing a seamless experience for customers. SAN FRANCISCO–(BUSINESS WIRE)–dLocal, an award-winning fintech company that specializes in cross-border payments for emerging markets, announced today that it is supporting Zara’s e-commerce operations in Uruguay and Paraguay through the use of its payments platform. This provides an enhanced online […]

Figure Unveils Industry First Marketplace That Facilitates Buying and Selling of Loans All on Blockchain

Accomplishment Marks Another First in Fintech as Figure Continues Mission to Transform Financial Services via Provenance Blockchain Platform SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today launched the first loan marketplace that powers the turnkey buying and selling of loans on blockchain. “The Provenance […]

iCapital Network® and Pershing Enhance Technology Integration to Improve Alternative Investing Experience for Advisors

Automates Document Uploads and Streamlines Custodian Workflows and Reporting Eases Operational Burdens, Increases Data Security and Reduces Manual Errors NEW YORK–(BUSINESS WIRE)–iCapital Network1, the leading financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced an enhanced technology integration with BNY Mellon’s Pershing (“Pershing”) that will […]

The 10 Investing Questions That Matter Today: Ric Edelman’s New Public Television Special to Air August 31 on WETA TV

FAIRFAX, Va.–(BUSINESS WIRE)–A new television special from Ric Edelman premieres Monday, August 31 at 8pm on PBS affiliate WETA in Washington, DC. The program, Ric Edelman: The 10 Investing Questions That Matter Today, helps consumers determine if they are managing their investments properly during the pandemic. Edelman is an acclaimed financial educator and he is […]

IC Federal Credit Union Partners With HT Mobile Apps to Launch Building Bankers App

ANN ARBOR, Mich.–(BUSINESS WIRE)–IC Federal Credit Union announced today that it has partnered with HT Mobile Apps (HTMA) to offer Building Bankers, a free, educational mobile application that is designed to demonstrate the benefits of saving to children ages three to 12. The Fitchburg, Mass.-based credit union was looking for a way to reach its […]

Midway Car Rental, Inc. Partners with HyreCar, Inc.

Partnership Increases Midway’s Fleet Utilization and Addresses Rising Demand for Vehicles on the HyreCar Platform LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, today announced a partnership with Midway Car Rental, Inc. HyreCar’s innovative platform will increase utilization of Midway’s inventory to take advantage of growing opportunities […]

Simply Retirement by Principal® Offers New 401(k) Solution for Start-up Retirement Plans

DES MOINES, Iowa–(BUSINESS WIRE)–Despite recent market volatility, 85% of small businesses with one to 100 employees say they’re stable or growing1, according to new research from Principal Financial Group®. Today, Principal® announced a new digital offering to help small business clients and their financial professionals build retirement benefits programs that can attract and retain top […]

Discover Partners to Launch a Connected Automotive Fleet Payments Solution

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a leading digital bank and payments company, and Car IQ, a California based financial technology startup, have partnered to create an innovative payment platform for machine-initiated payments beginning with automotive fleets. Fleet vehicles that are connected to the Car IQ platform will be able to transact autonomously to pay for services through […]

Plastiq Announces General Availability of Plastiq Accept

Plastiq Accept helps businesses collect payments faster, keep cash on hand and meet inventory needs SAN FRANCISCO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Today, Plastiq, the intelligent payment solutions provider for businesses, announced its card acceptance product, Plastiq Accept is now live and available to the public. Plastiq Accept’s enhanced payment acceptance features help businesses […]

Kin Insurance Selects Snapsheet to Deploy End-to-End Claims Management Platform

Insurtech leaders join forces to automate, manage home insurance claims CHICAGO, Aug. 25, 2020 (GLOBE NEWSWIRE) — Snapsheet, a pioneer in claims management technology, announced a new partnership with Kin, the insurance technology company that’s simplifying home insurance in disaster-prone areas across the country. Fresh off a $35 million Series B funding round, Kin tapped […]

Zuora and GoCardless Expand Partnership to Revolutionize Global Subscription Payments

The joint solution enables businesses to immediately decrease churn and more efficiently collect international recurring payments REDWOOD CITY, Calif.–(BUSINESS WIRE)–Zuora, Inc. (NYSE: ZUO), the leading subscription management platform provider, today announced an expanded global partnership and new product integration with GoCardless, the leading fintech for recurring payments, to help companies across more than 30 countries, […]

Revance Commercial Infrastructure Established and Positioned to Launch Prestige Aesthetics Portfolio with the RHA® Collection of Dermal Fillers

– Revance is positioned to introduce its innovative aesthetics portfolio, starting with the launch of the RHA® Collection, the first and only FDA-approved dermal fillers for correction of dynamic facial wrinkles and folds – – Clinical study results support the efficacy and safety of these globally established and innovative hyaluronic acid (HA) gels that represent […]