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 […]
Bank to the Future–PR-thumbnail Bank to the Future One in three under 40 switch banks to get a better mobile experience as customers want more personalized two-way interaction STOCKHOLM, Sweden, and ATLANTA — July 13, 2022 — Consumers want far more personalized mobile banking experiences that make it easy for them to get real time […]
Cloud Deployment to Dominate RegTech Revenue with 15.8% Growth in the Forthcoming Decade, Reveals FMI. The market for RegTech Market in US is projected to expand at a CAGR of around 15.9% during 2022 – 2032 NEWARK, Del, July 13, 2022 (GLOBE NEWSWIRE) — The RegTech Market revenues were estimated at US$ 8.2 Bn in […]
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 $100s of millions of R&D […]
Root, Inc. announces three new sports partnerships with the Denver Broncos, the Cleveland Browns, and the Colorado Rockies COLUMBUS, Ohio, July 12, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, announced partnerships with two National Football League teams and one Major […]
Schwab’s accelerated investment in advisor technology continues to yield new digital tools that help independent advisors pursue growth and increase efficiency WESTLAKE, Texas–(BUSINESS WIRE)–$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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
Acquisition further extends Softek’s services available to Broker-Dealers and RIAs TORONTO & DENVER–(BUSINESS WIRE)–#brokerdealers—Softek, a leading provider of Capital and Credit management solutions, today announced it acquired Gentech (H2 FinTech) formerly part of GWM Holdings Inc. Gentech (H2 FinTech) is an innovative technology and software services firm addressing the day-to-day challenges of RIAs and Independent […]
HAMMOND, La., July 12, 2022 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc., holding company of First Guaranty Bank, the Best Small Bank in Louisiana and the U.S., announces that is has been added to the Russell 2000 index at the conclusion of the 2022 Russell indexes annual reconstitution. Annual reconstitution of the Russell indexes captures […]
KlariVis – Bring Your Data to Life KlariVis – Bring Your Data to Life ROANOKE, Va., July 12, 2022 (GLOBE NEWSWIRE) — KlariVis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, today announced its new relationship with Rio Bank as a key analytics tool for the bank’s future. KlariVis compiles and aggregates […]
DFCU Financial Earns Forbes Award DFCU Financial Earns Forbes Award DEARBORN, Mich., July 12, 2022 (GLOBE NEWSWIRE) — For the fifth year running, Forbes has ranked DFCU Financial as one of Michigan’s best credit unions. DFCU is the only CU in Michigan to have won this award all five years since its inception. Today, there […]
New collaboration spans in-store card payments, B2B and eCommerce payment processing for major retailers in US and Canada and payment processing in Europe Montreal, July 12, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces today that international clothing retailer Hatley is using Nuvei to streamline […]
Robert Fernandes Headshot Robert Fernandes Headshot Top 50 Badge Top 50 Information Security Professional Award Badge BEDMINSTER, N.J., July 12, 2022 (GLOBE NEWSWIRE) — The Investment Center, Inc. (TIC), an independent broker-dealer for financial services professionals, is proud to announce that its’ Chief Information Security Officer, Robert Fernandes, CISSP, CASP+, GPEN, GWAPT, was announced as […]
Launch of Homeowners Insurance Offerings in Indiana Demonstrates Strong Execution of National Growth Strategy SEATTLE, July 12, 2022 (GLOBE NEWSWIRE) — Porch Group’s (Nasdaq: PRCH) (“Porch Group” or the “Company”) Homeowners of America (HOA), a property and casualty insurance provider, announced the milestone launch of homeowners insurance services in Indiana, marking its 20th state of […]
Funds will be used to support revitalization plans for distressed neighborhoods ISELIN, N.J., July 12, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution announced today the Bank has awarded $475,000 in funding to five non-profit organizations as part of the New Jersey Department of Community Affairs, Neighborhood Revitalization Tax Credit (NRTC) […]
Community Bank Goes Live Across Multiple nCino and nIQ Solutions WILMINGTON, N.C., July 12, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that nbkc is live on nCino’s Commercial Pricing and Profitability on the nCino Bank Operating System®. The […]
The Pan-European B2B Fintech Platform Can Now Prioritise In-house Alerts More Effectively While Adding Advanced Anomaly Detection PRAGUE–(BUSINESS WIRE)–Resistant AI, the AI and machine learning financial crime prevention specialists, today announced that FINOM, the Netherlands-based B2B fintech platform for small businesses and professionals, has selected Resistant AI Transactions Forensics to bolster its anti-money laundering measures. […]
Motive raises $2.54 billion for Motive Capital Fund 2 and affiliated co-investment vehicles, bringing the firm’s regulatory assets under management to over $5.5 billion Fund 2 was oversubscribed and closed above its original hard cap of $1.5 billion This fundraise supports Motive’s mission to build a leading fully integrated private equity firm focused on technology-enabled […]
Plinqit joins San Diego Wave FC at Torero Stadium to celebrate the 50th anniversary of Title IX and promote positive financial health for all ANN ARBOR, Mich.–(BUSINESS WIRE)–Plinqit, the only savings platform of its kind that pays users for learning about personal finances, will present San Diego Wave FC’s match on July 15 commemorating 50 […]
With more than 1,200 companies nominated and over 18,000 votes cast, Airwallex was chosen as a member of this year’s prestigious fintech influencers list LONDON–(BUSINESS WIRE)–The Fintech Power 50, a list of the 40 most innovative companies and 10 visionary personalities shaping the financial services industry, has been revealed for 2022. The exclusive annual program […]
Opening a Resware order triggers Flueid Decision, front loading data at the start of the title production process without having to leave Resware The integration natively embeds and delivers data, insights and underwriter-backed clearance decisions to streamline process and support a predictable transaction, every time AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading real estate technology company using […]
WILMINGTON, N.C., July 11, 2022 (GLOBE NEWSWIRE) — Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Asset Class, a Dublin-based fintech that provides a range of innovative, custom investment management software solutions to clients across financial sectors, with a focus on private equity, venture capital, financial advisory and commercial […]
Scoring best-in-class in data methodology, NICE Actimize’s Watchlist solution manages the complexities of the evolving sanctions landscape 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 “Financial Crime Risk Management Systems: Watchlist Monitoring Solutions, 2022 Market Update and Vendor Landscape” report among a […]
NEW YORK–(BUSINESS WIRE)–Chimney™, a leader in financial guidance for the digital age, has added more than 60 new financial institution clients in the last year, as more banks, credit unions and lenders invest in digital experiences that are personalized to their customers’ needs. As a result, Chimney’s interactive tools surpassed 20 million user sessions, helping […]
Funding to Accelerate Software and Business Development Capabilities as Asset Class Continues U.S. and European Growth Series A Round Includes Live Oak Ventures, Plexus Capital and Total Technology Ventures DUBLIN–(BUSINESS WIRE)–Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, announced today that it has completed a $11.6 […]
As consumers rapidly change how and where they bank, credit unions maintain commitment to modernized digital experiences DETROIT–(BUSINESS WIRE)–After recently converting 16 credit unions to its end-to-end digital service ecosystem, Bankjoy has renewed with six additional credit unions, pointing to credit unions’ commitment to delivering superior, modern digital experiences. Featuring a fast and seamless implementation […]
Ault Energy to partner with White River Holdings Corp on drilling projects across 30,000 acres in Texas, Louisiana and Mississippi LAS VEGAS–(BUSINESS WIRE)–$AGH #30000_acres—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today announced the formation of Ault Energy, LLC (“Ault Energy”), a subsidiary of Ault Alliance, Inc., itself a […]
