Techwire


AWS and HSBC Reach Long-Term Strategic Cloud Agreement

One of the world’s largest financial services organizations collaborates with AWS to deliver new products, enhance customer experiences, and drive digital transformation SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that HSBC Holdings plc (NYSE: HSBC) has selected AWS as a key, long-term strategic cloud provider to drive their digital transformation […]

FlexTRADER EMS Now Offering Liquidnet Targeted Invitations

LONDON–(BUSINESS WIRE)–#fintech—FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities. The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers, directly into the parent order blotter. With a minimum order size […]

ACI Worldwide to Deliver Fraud Prevention in the Cloud to All Customers Globally

Part of ACI’s Covid-19 rapid response program, ACI’s award-winning fraud prevention solution is now globally available as ‘Software as a Service’ offering NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ACI Proactive Risk Manager and ACI Model Generator, part of ACI’s […]

Dominate on a Different Scale: Razer Unveils the Razer Huntsman Mini

Razer’s first ever 60% keyboard built with community-driven improvements is now available with traditional clicky or newly improved linear optical switch options IRVINE, Calif.–(BUSINESS WIRE)–#60percent–Razer™, the leading global lifestyle brand for gamers, today announced the Razer Huntsman Mini 60% optical gaming keyboard. This new ultra-compact form factor keyboard is the latest addition to the Huntsman […]

Insigneo And Skience Partner to Build the Firm’s Fully Integrated Wealth Management Platform

MIAMI–(BUSINESS WIRE)–Leading independent broker-dealer and RIA Insigneo has entered into a contractual partnership with technology pioneer Skience to build a state-of-the-art platform that combines the most advanced end-client connectivity with a customized workstation designed for advisors with global practices. The working partnership has a goal of rolling out a solution that increases automation, enhances integration […]

Radius Bank Launches Goals-Based Savings Platform Through Partnership with Harvest Savings & Wealth Technologies

‘Goalkeeper’ runs seamlessly inside of Radius Bank’s online banking and mobile app to help customers save effortlessly BOSTON–(BUSINESS WIRE)–#Radiusadvantage—Radius Bank, a forward-thinking digital bank, today announced its deployment of Goalkeeper, an automated goals-based savings solution integrated within Radius Bank’s online and mobile banking channels. Goalkeeper is launched in partnership with leading fintech solution provider Harvest […]

Regions Bank Updated Mobile App Adds More Convenience and Improved Functionality

Update comes as pandemic drives more customers to use digital tools BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank recently released an update to the Regions Mobile App for both iOS and Android devices. The update features a modern design with improved functionality to support more than 1.85 million customers who bank on the go using the app. But […]

Tavant Introduces Digital Software Factory and Expands into New Business Lines

— First half of 2020 sees Tavant fintech business expanding into banking, payments, and proptech — SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending—Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced key success milestones of its Fintech business achieved in the first half of 2020. While many companies were forced to scale back due to the […]

Techstars & Western Union Accelerator Announce 2020 Class Leading the Future of Inclusive Finance

Second Year Accelerator Kicks Off with Diverse Class of Founders Developing Products and Services Using Innovation and Technology to Create Access to a More Inclusive Global Financial System DENVER–(BUSINESS WIRE)–Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, the global platform for investment and innovation, today announced the launch of its […]

daVinci Payments Future of Payments UK Study Reveals Online and Mobile Domination

New study identifies how UK payments are changing amidst COVID-19 shelter-in-place and expected impact on the 2020 Christmas shopping season and beyond. LONDON–(BUSINESS WIRE)–daVinci Payments released a new national UK study identifying how people are making and receiving payments during shelter-in-place and how they intend to shop in the future. The “Future of Payments UK” […]

CoreLogic Secures Launch Clients for Next-Generation Integrated Insurance Solution Powering Insights for Every Touchpoint in Property Insurance Ecosystem

Insurtech solution combines underwriting, weather forensics and claims management, enhancing property experience across housing market Recent wins including Swiss Re provide a foundation for continued growth IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced the deployment of its first fully integrated insurance solution that provides a one-stop […]

NYMBUS Partners with Payrailz to Offer Financial Institutions Faster Access to Enhanced Digital Payment Solutions

MIAMI–(BUSINESS WIRE)–NYMBUS®, a provider of the world’s most advanced financial services platform, today announced a new partnership with digital payments company Payrailz® to further enhance NYMBUS’ cloud-based SmartEcosystem™ of digital-first banking products and services. A revolutionary alternative to the legacy business model, NYMBUS has disrupted the market by allowing every size of financial institution to […]

BSE EBIX Beta Launches Life Insurance on its On-Demand Hi-Tech Platform

MUMBAI, India, July 13, 2020 (GLOBE NEWSWIRE) — BSE Ebix Insurance Broking Private Limited, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd., today announced the beta launch of Life insurance on its state-of-the-art hi-tech platform by enrolling two of India’s leading Life Insurance Companies, namely – Aditya Birla Sun Life Insurance Co […]

BrokerTech Ventures Announces Carrier and Wholesale Partnerships

Cincinnati Insurance, RT Specialty, Amerisure Mutual, and AmWINS Join BrokerTech Ventures Mission DES MOINES, Iowa, July 10, 2020 (GLOBE NEWSWIRE) — BrokerTech Ventures, the industry’s first broker-led platform and accelerator program, is announcing the addition of four super-regional and national insurance firms as partners: The Cincinnati Insurance Companies, Fairfield, OH RT Specialty, LLC, Chicago, IL […]

ChartIQ to Rebrand as Cosaic, Sees Bright Future in Workflow Innovation

By bringing together ChartIQ and Finsemble, fintech company plans to lead the charge on revolutionizing end-user workflow for finance and beyond. CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–Financial technology company ChartIQ, today unveiled a new company name and logo, Cosaic, bringing together its charting software, ChartIQ, and smart desktop platform, Finsemble, under one brand. The name reflects the company […]

ClarionDoor to Mentor Insurtechs with InsurTech NY

SANTA BARBARA, Calif., July 09, 2020 (GLOBE NEWSWIRE) — As more insurtechs plan an entrance into the insurance market, many are turning to organizations like InsurTech NY, a community-based organization accelerating insurance innovation in the New York metro area, and insurtech veterans, like ClarionDoor, to advance pursuits in the insurance industry. InsurTech NY is hosting […]

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 […]

Capgemini Press Release // 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

Good morning, Please find below the press release issued today. Best regards, Michele Moore DuhenGlobal PR Manager | Group Marketing & Communications Capgemini Group | LondonTel.: +44 3709 053408 Email: [email protected]_____________________________ Capgemini Press Contacts: Mary Sacchi (North America) WE Communications for Capgemini Tel. : +1 212 551 4818 E-mail : [email protected] Bartu Sezer (EMEA) WE […]

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 […]

miEdge Founder Mark Smith Joins Zywave Advisory Board

MILWAUKEE, July 08, 2020 (GLOBE NEWSWIRE) — Zywave, a leading insurance tech provider of cloud-based solutions, today announced that insurtech innovator Mark Smith has joined its Advisory Board. Smith has transitioned to the new role from his previous position at Zywave as vice president of integration operations, where he helped lead the organization through the […]

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. […]

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2020 Financial Results

WILMINGTON, N.C., July 08, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2020 financial results after U.S. financial markets close on Wednesday, July 22, 2020. In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and […]

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 […]

Xignite Launches Suite of Enterprise Microservices to Help Financial Institutions Move Market Data Management to the Cloud

Enterprise Microservices client NICE Actimize gains agility and scalability bringing its real-time market data infrastructure to the cloud SAN MATEO, CA, July 08, 2020 (GLOBE NEWSWIRE) — Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, today announced the launch of Xignite Enterprise Microservices, a powerful suite […]

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 […]

Award-Winning Payment Processor VizyPay Unveils New Online Ordering and Customer Loyalty Program, Incentivizing Consumer Spending Through Promotions and Discounts

The RUSH loyalty program enables businesses to connect with their customers, motivate them to return, and generate new customers through a personalized program and fully branded app DES MOINES, Iowa, July 07, 2020 (GLOBE NEWSWIRE) — VizyPay, an award-winning leader in the payment processing industry, today launched its first customer loyalty program and online ordering […]

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 […]

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