Techwire


Alacriti Now a SWIFT Customer Security Program Partner

New Consulting Services Designed to Help SWIFT Customers Adhere to CSP Standards and Prepare for Audits PISCATAWAY, N.J.–(BUSINESS WIRE)–#cybercrime—Alacriti, a fintech company specializing in payments, technology outsourcing, and consulting, today announced that it has become a SWIFT Customer Security Program (CSP) partner. The company will begin offering consulting services to help SWIFT’s banking and securities […]

Omniscience Technology Chosen by Major Japanese Life Insurance Company

Sompo Himawari Uses Omniscience Artificial Intelligence as Part of new Consumer Service PALO ALTO, Calif.–(BUSINESS WIRE)–#Insurance–Omniscience today disclosed that Sompo Himawari Life Insurance Company has adopted Omniscience artificial intelligence (AI) technology as part of a new consumer service. This Omniscience technology is an important onramp for Computational Insurance™. “An entirely new business model is needed […]

Infographics of U.S. Core System Market Leaders for Banks and Credit Unions Released by William Mills Agency and FI Navigator

ATLANTA–(BUSINESS WIRE)–#banks–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry has created two new infographics detailing core banking vendor relationships for banks and credit unions. The data was compiled with the help of financial institution data and analytics platform provider, FI Navigator. Vendor market share is based on […]

A New Early Warning System for Business Lenders: Menerva Software’s TRaiCE Transforms Flawed Portfolio Monitoring Systems

Early Data from TRaiCE Suggests Over 50% Loss Mitigation for Lenders CHICAGO–(BUSINESS WIRE)–Menerva Software has released TRaiCE: An AI-based “early warning” system for business lenders to address flaws in Portfolio Monitoring. By combining a bank’s internal data with bureau and alternative data sources, TRaiCE’s proprietary, self-learning algorithm accurately predicts risk and suggests timely interventions. Rather […]

Discover Student Loans Introduces Parent Loan and Expands Rewards for Good Grades Product to Help Borrowers Cover College Expenses

The new options are part of Discover’s continued commitment to helping families finance a college education RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Student Loans is updating its product suite to give families more options and benefits when financing their college journeys. By launching a new Parent Loan and expanding its Rewards for Good Grades program to reward incoming […]

DCM Closes $880 Million for Newest Family of Global Funds

Firm raises largest flagship fund to date with a focus on early-stage investments in SaaS, consumer internet and financial technology MENLO PARK, Calif.–(BUSINESS WIRE)–DCM, an early-stage global venture capital firm, today announced it has closed its largest family of funds to date, totaling $880 million. The committed capital includes $780 million for DCM IX, its […]

Swiss Finance Disruptor YAPEAL Chooses Marqeta to Power New Digital Wallet

With the help of Marqeta’s modern card issuing platform, YAPEAL customers can set up a full Swiss current account in just ten minutes ZÜRICH–(BUSINESS WIRE)–Digital fintech start-up YAPEAL has launched a new, innovative digital wallet, powered by Marqeta’s modern card issuing platform. Having received the first ever fintech licence in Switzerland from FINMA, YAPEAL will […]

World Wealth Report 2020: North America Surpasses Asia-Pacific in High Net Worth Individual Wealth Growth for First Time in Eight Years While COVID-19 Brings Uncertainty

High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization PARIS–(BUSINESS WIRE)–High Net Worth Individual1 (HNWI) wealth and population grew by almost 9% globally in 2019 despite a global economic slowdown, international trade wars and geopolitical tensions, finds the World Wealth Report 2020 from Capgemini. North America and Europe took the […]

Dividend Finance Receives SOC 2 Type 2 Accreditation for Information Security

Dividend receives SOC 2 Certification after rigorous 3-month auditing process by a “Big Four” auditing firm SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, LLC (“Dividend” or the “Company”), a leading FinTech point-of-sale lender for home improvement and solar projects, has received their SOC (Service Organization Control) 2 Type 2 Accreditation, a process to ensure the suitability and effectiveness […]

Aptos Solar Technology Solar Panels Added to Loanpal’s Approved Vendor List

SANTA CLARA, Calif.–(BUSINESS WIRE)–Aptos Solar Technology, a supplier of high-performance solar modules, is pleased to announce that its complete line of solar panels has been added to Loanpal’s approved vendor list. This new partnership will allow solar installers across the U.S. to offer Aptos Solar Technology solar panels with competitive financing options to residential customers. […]

FirstClose Integrates with Temenos Infinity Loan Origination

AUSTIN, Texas–(BUSINESS WIRE)–FirstClose, Inc., a leading provider of technology solutions for banks and credit unions nationwide, has partnered with Temenos, the banking software company. With the integration of the FirstClose ONE™ platform into Temenos Infinity Loan Origination, customers can order instant and bundled reports on credit, flood, valuation, tax and title directly from the loan […]

Strivve Announces “TopWallet™ Tools” Accelerating Financial Institutions Ability to Win Top of Wallet®

CardUpdatr Provides Customers with Real-Time Automated Card-On-File Solutions SEATTLE–(BUSINESS WIRE)–#fintech—Strivve, Inc, Seattle-based financial technology company, today announced the availability of TopWallet™ Tools, its set of service enhancements optimized for easy brand engagement with cardholders across all card lifecycle events. For CardUpdatr customers, TopWallet Tools provides card issuers new marketing strategies designed to increase cardholder engagement […]

Lotame and New Frontier Data Partnership Connects Big Brand Advertisers to More Than 100 Million CBD Consumers

Leading cannabis data provider New Frontier Data launches industry-focused AdTech solution NXTeck WASHINGTON–(BUSINESS WIRE)–New Frontier Data, the global authority in data, analytics and business intelligence on the cannabis industry, unveils the cannabis industry’s first advertising data exchange connecting mainstream product advertisers to CBD consumers. Using patented technology powered by Lotame, the leading global provider of […]

MerchantE Promotes Transparency and Support for Small Businesses During Unprecedented Times

Company Issues Statement to Disavow Practice of Withholding Reserves from Customers; Calls for Industry to Follow ALPHARETTA, Ga.–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, reaffirms its commitment to growing businesses in response to recent reports of payment companies withholding money from customers. Addressing the topic, MerchantE’s CEO, Mike Rouse, states: “Small businesses are the […]

SIMON Introduces Allianz Life as Newest Carrier to Join InsurTech Platform’s Marketplace

Allianz Life is now delivering its annuity products to Raymond James advisors for the first time through SIMON’s Marketplace NEW YORK–(BUSINESS WIRE)–#FinTech–SIMON Annuities and Insurance Services LLC (“SIMON”) is pleased to introduce Allianz Life Insurance Company of North America (“Allianz Life”)—a leading provider of annuities in the U.S.—to its annuities platform and digital marketplace for […]

Saudi Payments and Discover Sign Network Alliance Agreement

Agreement will increase international acceptance for all cardholders and provide additional payment options in the Saudi digital payment environment RIYADH, Saudi Arabia & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover and Saudi Payments signed a strategic agreement that will increase the global acceptance footprint for both organizations. The agreement will give Discover, Diners Club International, PULSE and network alliance […]

DriveWealth Selects BackBay Communications as PR Agency of Record

Leader in Global Digital Trading Technology Appoints Financial Services PR Firm BackBay BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading integrated financial-services public relations, content development, and digital marketing agency, today announced that it has been retained as agency of record by DriveWealth, a U.S.-based leader in global digital trading technology. BackBay will provide DriveWealth with an integrated […]

Wagestream Goes Mainstream as It Completes a £20m Series B Funding Round

● London-based Wagestream has now raised £65m, as income streaming rapidly goes mainstream ● 320,000 UK workers are no longer held prisoner by the monthly pay cycle ● Major UK employees have signed up for Wagestream including five NHS Trusts, Bupa, Rentokil, Kwikfit, Brewdog, Zizzi and Roadchef, now enable their staff to access their earned […]

Vericred Announces Level Funded Group Rating API

Industry-first API enables InsurTech platforms to quote level funded group medical plans across multiple carriers NEW YORK–(BUSINESS WIRE)–#HRtech—Vericred, a data services company simplifying the exchange of information between health insurance and employee benefit carriers and InsurTech companies, today announced the immediate availability of level-funded plans through its Group Rating API. With this new functionality, Vericred […]

Trading Technologies Contracts with BGC Partners for Global Implementation of TT® OMS

CHICAGO–(BUSINESS WIRE)–Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced they have signed up BGC Partners, Inc. (NASDAQ: BGCP) (BGC), a leading global brokerage and financial technology company, to utilize TT’s new Order Management System (OMS) solution when it is launched in September 2020. The […]