Business Wire

Multinational Corporations, Thwarted by COVID-19 Crisis and Currency Volatility, Suffer $17.5 Billion in FX Losses, According to Kyriba’s Q2 2020 Currency Impact Report thumbnail

Multinational Corporations, Thwarted by COVID-19 Crisis and Currency Volatility, Suffer $17.5 Billion in FX Losses, According to Kyriba’s Q2 2020 Currency Impact Report

Negative Currency Impact Is Up 44 Percent in Quarter Impact on European Companies Increased 134 Percent Brazilian Real Shocks Multinationals SAN DIEGO–(BUSINESS WIRE)–The impact of currency volatility soared 44 percent in a single quarter, causing more than $17.5 billion in foreign exchange (FX) losses in Q2 2020, according to the latest Kyriba Currency Impact Report […]

Australia’s Global Talent Visa Program Sees Tech CEOs Swap Silicon Valley for Sydney

Australia’s Global Talent Visa Program Sees Tech CEOs Swap Silicon Valley for Sydney

LONDON–(BUSINESS WIRE)–#Australia–Australia’s Global Talent Visa Program, also known as the Global Talent Independent Program, is making waves across the Pacific, attracting dynamic, high-profile business leaders to the country’s shores, with many hailing from the US. The program is fine tuned to attract only the world’s premium business talent, and this highly targeted approach has proven […]

Insights on the Global Blockchain Technology Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio thumbnail

Insights on the Global Blockchain Technology Market 2020-2024: COVID-19 Analysis, Drivers, Restraints, Opportunities, and Threats – Technavio

LONDON–(BUSINESS WIRE)–#BlockchainTechnologyMarket–The blockchain technology market is expected to grow by USD 8.07 billion, accelerating at a CAGR of over 29% during the forecast period. Download Free Sample Report The increase in FinTech spending is one of the major factors propelling market growth. However, factors such as the network privacy and security concerns will hamper market […]

AM Best: Low Mortgage Rates Boosting Title Insurance Premiums (AM BestTV) thumbnail

AM Best: Low Mortgage Rates Boosting Title Insurance Premiums (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Fred Eslami and David Blades, both associate directors, AM Best, discuss how U.S. title insurers are navigating through the COVID-led upheaval in the economy and the steps carriers are taking to innovate and streamline operations. Click on http://www.ambest.com/v.asp?v=ambtitlebladeseslami1020 to view the entire program. Blades said U.S. title insurers […]

IMM Partners with Integra Software Systems to Equip Financial Institutions with Innovative Lending Technology thumbnail

IMM Partners with Integra Software Systems to Equip Financial Institutions with Innovative Lending Technology

IMM and Integra’s partnership provides all-in-one lending solutions with eSignature capability RAHWAY, N.J.–(BUSINESS WIRE)–IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, and Integra, a longstanding provider of lending technology, have partnered to better power mortgage, consumer and commercial lending automation. Together, IMM and Integra will streamline […]

Sigma Enables Migo to Swiftly Pivot Marketing Strategy in Response to COVID-19

Sigma Enables Migo to Swiftly Pivot Marketing Strategy in Response to COVID-19

Financial Technology Firm Improves Marketing Campaign Response Rate by 47 Percent and Drives Exceptional Customer Retention with Self-service Business Intelligence SAN FRANCISCO–(BUSINESS WIRE)–Sigma Computing, an innovator in cloud analytics and business intelligence for enterprise teams, enabled Migo’s marketing team to temporarily pivot from driving new demand to temporarily helping with customer retention and recovery due […]

Crawford & Company Chooses CoreLogic to Support Global Claims Operations and Improve Carrier and Policyholder Outcomes

Crawford & Company Chooses CoreLogic to Support Global Claims Operations and Improve Carrier and Policyholder Outcomes

Crawford adjusters now enabled with a seamless experience, modernized communication tools and improved workflows IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that Crawford & Company® (NYSE: CRD-A and CRD-B), the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers […]

SaverLife Announces Expansion of Saving Program Across Six U.S. Intuit Prosperity Hubs in 2021

SaverLife Announces Expansion of Saving Program Across Six U.S. Intuit Prosperity Hubs in 2021

SaverLife Boosts Local Communities with Saving Program, Funded by Intuit SAN FRANCISCO–(BUSINESS WIRE)–SaverLife, a national nonprofit fintech that helps working families achieve prosperity through savings, and Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks and Mint, today announced the planned expansion of SaverLife’s financial savings program to all of Intuit’s U.S. Prosperity Hub locations in […]

DuTrac Community Credit Union Selects Array of Access Softek Digital Banking Solutions to Provide Members Comprehensive Mobile and Online Services thumbnail

DuTrac Community Credit Union Selects Array of Access Softek Digital Banking Solutions to Provide Members Comprehensive Mobile and Online Services

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., a digital banking platform provider, announced that Dubuque, Iowa-based DuTrac Community Credit Union ($840M in assets) will offer a wide array of the company’s digital banking solutions to its members. Through this partnership, DuTrac will offer omnichannel digital banking and account opening, SMS banking, biometric authentication and video chat features […]

Computex Technology Solutions Partners with Datadobi for Major Data Migration Project thumbnail

Computex Technology Solutions Partners with Datadobi for Major Data Migration Project

Successfully Completed a Migration of 100TB+ Revenue-Generating Application for Large Multinational Firm LEUVEN, Belgium–(BUSINESS WIRE)–#Computex—Datadobi, the global leader in unstructured data management software, today announced it has been selected by award-winning solutions provider, Computex Technology Solutions, to migrate the data of a business-critical application for one of the largest financial and professional services providers in […]

Brazilian Credit Card Issuer Afinz Moves to FIS for Processing Services to Support Growth Strategy thumbnail

Brazilian Credit Card Issuer Afinz Moves to FIS for Processing Services to Support Growth Strategy

Key facts: Brazilian fintech and card issuer Afinz, formerly Sorocred, has selected FIS’ card processing services for its entire portfolio of credit cards. FIS will also provide processing services for Afinz’s recently launched credit card co-branded with Visa. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) announced that it has been selected by Brazilian financial […]

Discover Launches Click to Pay Making the Digital Checkout Experience Simple and More Secure thumbnail

Discover Launches Click to Pay Making the Digital Checkout Experience Simple and More Secure

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover cardmembers and merchants can now experience a more seamless and consistent checkout experience when shopping online or through a mobile app with the launch of Click to Pay. The digital payment solution, based on the EMV® Secure Remote Commerce (SRC) industry standard, replaces the need for cardmembers to manually enter personal and […]

Aegean Airlines Partners with ACI Worldwide to Maximize Revenue and Combat eCommerce Payments Fraud thumbnail

Aegean Airlines Partners with ACI Worldwide to Maximize Revenue and Combat eCommerce Payments Fraud

Greece’s flagship carrier to utilize award-winning ACI Secure eCommerce solution to fight growing threat of online fraud during COVID-19 pandemic and drive revenue growth and international expansion NAPLES, Fla.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced it is extending its partnership with Aegean Airlines to […]

Defiance ETFs Expands Growth into FinTech, Announcing the Launch of Defiance Analytics thumbnail

Defiance ETFs Expands Growth into FinTech, Announcing the Launch of Defiance Analytics

‘Distribution 2.0’ – Digital Marketing for Asset Management NEW YORK–(BUSINESS WIRE)–Today, Defiance ETFs has announced the launch of Defiance Analytics, the first digital marketing technology platform dedicated to asset management distribution for the ‘retail investor.’ Analytics utilizes machine learning and natural language processing to enhance an investor’s digital experience around fund product branding, research, and […]

Choice Technology Solutions Inks Deal with Merrick Bank thumbnail

Choice Technology Solutions Inks Deal with Merrick Bank

IRVING, Texas–(BUSINESS WIRE)–#ISO—Choice Technology Solutions, a financial-technology leader in back-office automation, today announced that Merrick Bank has selected the company’s Jarvis all-in-one back-office management platform for its business needs. In the battle to stay competitive and thrive, Jarvis automation helps merchant acquirers, independent sales organizations (ISOs) and sales agents streamline processes and workflows to reduce […]

Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud thumbnail

Socure Unveils Sigma Synthetic Fraud, a New Way to Identify and Combat Synthetic Identity Fraud

Businesses using Socure’s Sigma Synthetic Fraud solution achieve auto-capture rates over 90% on synthetic identity fraud in the riskiest 3% of users, for both new and existing accounts Launch debuts on the first day of Money20/20’s MoneyFest Event NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leader in Day Zero digital identity verification, today announced the launch of Sigma […]

USAT Announces Upgrades and Expansion of ePort Product Family to Accept EMV Contact and Contactless Payments thumbnail

USAT Announces Upgrades and Expansion of ePort Product Family to Accept EMV Contact and Contactless Payments

ePort G10-Chip Cashless Reader Expands Payment Device Options for Customers, Accepting Contact EMV (chip cards) and Contactless EMV (tap) ePort G10-S Completes Free Over-the-Air Upgrade to Accept Contactless EMV Payments MALVERN, Pa.–(BUSINESS WIRE)–$USAT #ContactlessPayments—USA Technologies, Inc. (OTC: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail […]

CSI Supports ABA’s Financial Inclusion Initiative by Facilitating Bank On-Certified Accounts thumbnail

CSI Supports ABA’s Financial Inclusion Initiative by Facilitating Bank On-Certified Accounts

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, is joining the American Bankers Association (ABA) in supporting financial inclusion by enabling its bank customers to offer Bank On-certified accounts to consumers. Bank On-certified accounts provide safe, affordable services—including bill pay, robust transaction capabilities and no overdraft fees—to […]

Axos Bank’s Essential Checking Named “Best Checking Account for College Students” thumbnail

Axos Bank’s Essential Checking Named “Best Checking Account for College Students”

In its first-ever rankings of America’s Best Banks, Newsweek touts Essential Checking’s low to no fees and unlimited ATM charge reimbursements SAN DIEGO–(BUSINESS WIRE)–#americasbestbanks–In its first-ever ranking of America’s Best Banks, Newsweek named digital banking leader Axos Bank’s Essential Checking account the “Best Checking Account for College Students” – citing the account’s low to no […]

Yooz arrives to Switzerland thumbnail

Yooz arrives to Switzerland

Europe’s most automated demat invoices solution – connected to all ERPs on the market – finally accessible to all Swiss companies AIMARGUES, France–(BUSINESS WIRE)–#apautomation—The leading publisher of digital and automated SaaS purchasing and invoicing solutions Yooz is operating actively in Switzerland. The company provides Swiss companies of all sizes and industries with the P2P process […]

AM Best Posts Interactive Webinar Highlights for “The Perils and Promise of Insurtechs” thumbnail

AM Best Posts Interactive Webinar Highlights for “The Perils and Promise of Insurtechs”

OLDWICK, N.J.–(BUSINESS WIRE)–Viewers can access highlights from an AM Best webinar sponsored by Cognizant to find out how insurers are learning and profiting from the new wave of entrants into the insurance techno-sphere. Panelists include: Chris Blatchly, consulting leader and chief digital officer for insurance, Cognizant; Agil Francis, consulting partner, Cognizant Consulting – Insurance, Cognizant; […]

OneSpan Wins CyberSecurity Breakthrough Award for Mobile Security Solution of the Year

OneSpan Wins CyberSecurity Breakthrough Award for Mobile Security Solution of the Year

International awards program recognizes company’s Mobile Security Suite for making mobile banking convenient and secure CHICAGO–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that its Mobile Security Suite has been awarded “Overall Mobile Security Solution of the Year” from CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes […]

 daVinci Payments to Combine with North Lane Technologies, Formerly Wirecard North America thumbnail

 daVinci Payments to Combine with North Lane Technologies, Formerly Wirecard North America

 Transaction creates premier payment technology and solutions platform under Syncapay umbrella, Syncapay to receive majority equity investment from Centerbridge Partners CHICAGO & PHILADELPHIA–(BUSINESS WIRE)–daVinci Payments (“daVinci”) and North Lane Technologies, formerly Wirecard North America Inc., today announced that they are joining forces to establish a high-growth, premier payment company with innovative technology and solutions. The […]

Tavant Named to Prestigious IDC FinTech Rankings by IDC Financial Insights thumbnail

Tavant Named to Prestigious IDC FinTech Rankings by IDC Financial Insights

Annual ranking highlights top 100 global providers of financial technology SANTA CLARA, Calif.–(BUSINESS WIRE)–#IDCFinTechRankings—Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today it has been named to the 2020 IDC FinTech Rankings for the second straight year. The 17th annual vendor ranking represents the leading hardware, software and service providers to the […]

Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15 Million in Funding to Accelerate Growth and Support Expansive Customer Adoption thumbnail

Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15 Million in Funding to Accelerate Growth and Support Expansive Customer Adoption

Transaction Volume Has Increased 700% This Year Due to Pandemic-Induced Growth of Freelance Economy NEW YORK–(BUSINESS WIRE)–Lili, the all-in-one banking app designed for freelance workers, announced it has raised a $15 million funding round to accelerate growth as the American workforce is increasingly turning to freelancing during COVID-19. The round was led by Group 11, […]

TNS Leverages Fortinet Secure SD-WAN to Help Retailers Embrace Digital Transformation and Cloud Adoption With New Solution thumbnail

TNS Leverages Fortinet Secure SD-WAN to Help Retailers Embrace Digital Transformation and Cloud Adoption With New Solution

RESTON, Va.–(BUSINESS WIRE)–Transaction Network Services (TNS), a leader in fintech payment services, announces the launch of TNS Secure SD-WAN which leverages Fortinet’s leading Secure SD-WAN solution. In partnership with Fortinet, TNS Secure SD-WAN combines proven managed payment services with next generation network security. The new service can help businesses seeking a solution in a secure […]

PowerPay Reports Significant Growth in Home Improvement Lending Amid Pandemic thumbnail

PowerPay Reports Significant Growth in Home Improvement Lending Amid Pandemic

PHILADELPHIA–(BUSINESS WIRE)–PowerPay, the nation’s fastest-growing home improvement financing technology company, has reported a 120% annualized growth rate in the volume of new loans originating in Q3 2020. As millions of Americans are working and learning from home, the demand for home renovations increased dramatically. Since the beginning of the pandemic, PowerPay has demonstrated explosive growth […]

UBS Workplace Wealth Solutions Expands to Provide Corporate Clients With Student Loan Debt, Retirement and Broader Financial Wellness Tools for Their Employees thumbnail

UBS Workplace Wealth Solutions Expands to Provide Corporate Clients With Student Loan Debt, Retirement and Broader Financial Wellness Tools for Their Employees

Collaborates with FutureFuel.io, a student loan repayment platform that helps corporate employees pay down student debt quickly and efficiently with innovative, technology-driven solutions Adds new Retirement Plan Advisor program to expand its guided, fiduciary retirement plan solutions offered to smaller businesses Launches new user-friendly UBS Financial Wellness digital experience NEW YORK–(BUSINESS WIRE)–UBS Global Wealth Management […]

Insurity Strengthens Billing and Payments Offerings with Bill It Now Acquisition thumbnail

Insurity Strengthens Billing and Payments Offerings with Bill It Now Acquisition

Bolsters End-to-End Billing and Payments Offering, Further Enhancing Speed-to-Value for Carriers, MGAs, and Brokers HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, LLC, a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, today announced its acquisition of Bill It Now. The deal further enhances Insurity’s ability to provide comprehensive, end-to-end […]

 Small Businesses to Benefit from Integrations of Insurance and 401(k) Services on QuickBooks Platform

 Small Businesses to Benefit from Integrations of Insurance and 401(k) Services on QuickBooks Platform

 Millions of QuickBooks Customers Now Have the Opportunity to Protect Their Businesses and Help Their Employees Prosper MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU) today announced the availability of two new offerings — QuickBooks Insurance and separately, 401(k) powered by Guideline1 — further expanding the capabilities of the QuickBooks Online platform to help small businesses […]

Alacriti Announces Cloud-Native, End-to-End Solution for Real-Time Payments thumbnail

Alacriti Announces Cloud-Native, End-to-End Solution for Real-Time Payments

Helping financial institutions deliver faster payment experiences PISCATAWAY, N.J.–(BUSINESS WIRE)–#fasterpayments—Alacriti, a fintech company specializing in payments today announced its Cosmos for RTP solution, powered by the Orbipay Platform. Cosmos for RTP enables banks and credit unions to quickly and seamlessly connect to The Clearing House’s RTP® network and deliver innovative real-time payment services to their […]

First Horizon Bank Moves Digital Banking Platform to NCR thumbnail

First Horizon Bank Moves Digital Banking Platform to NCR

ATLANTA–(BUSINESS WIRE)–NCR (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that First Horizon Bank, parent company First Horizon National Corporation (NYSE: FHN) has launched the NCR D3 platform to provide consumers and businesses with a seamless digital banking experience. Memphis, Tenn.-based First Horizon Bank recently migrated clients to the digital […]

Blackboxstocks Announces Integration with TradeStation Allowing Users to Trade without Leaving the Blackbox Platform

Blackboxstocks Announces Integration with TradeStation Allowing Users to Trade without Leaving the Blackbox Platform

Companies to Host Official Launch Webinar to Demonstrate Powerful Functionalities Offered by Partnership at 3:30PM CDT Thursday October 22, 2020 DALLAS–(BUSINESS WIRE)–$BLBX–Blackboxstocks, Inc. (OTC: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced that it has integrated with TradeStation Securities, […]

Empower Retirement Achieves $110 Billion in New Retirement Plan Sales thumbnail

Empower Retirement Achieves $110 Billion in New Retirement Plan Sales

Firm driving additional scale and scope through strategic acquisitions, record sales GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–#401k–On the cusp of its sixth anniversary, Empower Retirement, the nation’s second-largest retirement services provider,1 is announcing record sales growth and new client commitments totaling some $110 billion while furthering plans for expanded offerings to serve the needs of millions of […]

Cornami Achieves Unprecedented 1,000,000x Acceleration to Deliver Real-Time Fully Homomorphic Encryption (FHE)

Cornami Achieves Unprecedented 1,000,000x Acceleration to Deliver Real-Time Fully Homomorphic Encryption (FHE)

Quantum-Secure Privacy-Preserving Computing on Encrypted Data Sets Is Game Changer for Cloud Security CAMPBELL, Calif.–(BUSINESS WIRE)–Cornami’s break-through computing architecture is able to scale performance without penalties to deliver real-time computing for a number of critical and complex applications. The company’s proprietary technology reduces the use of power sources and lowers latency, while vastly increasing the […]

The Securities Compliance Podcast: Compliance in Context Launches With Focus on Cutting-Edge News and Information Impacting Compliance Programs of Investment Advisers and Broker-Dealers thumbnail

The Securities Compliance Podcast: Compliance in Context Launches With Focus on Cutting-Edge News and Information Impacting Compliance Programs of Investment Advisers and Broker-Dealers

CINCINNATI–(BUSINESS WIRE)–#compliance—Calfee, Halter & Griswold LLP announced today that Patrick D. Hayes, Senior Counsel and leader of the law firm’s Investment Management practice, has launched The Securities Compliance Podcast: Compliance in Context™, co-sponsored by Calfee and the National Society of Compliance Professionals, a nonprofit, membership organization dedicated to serving and supporting compliance professionals in the […]

Global Digital Asset and Cryptocurrency Association (Global DCA) Officially Launches thumbnail

Global Digital Asset and Cryptocurrency Association (Global DCA) Officially Launches

Self-Regulatory Association Seeks to Further Market Integrity, Consumer Protection, and Industry Development CHICAGO–(BUSINESS WIRE)–#bitcoin–The emergence of digital assets, cryptocurrencies, and their underlying blockchain technology is rapidly transforming the global monetary system. To better facilitate this transformation, the current regulatory environment must be enhanced to provide all participants with unambiguous regulations that provide accountability, integrity and […]

HES FinTech Joins Canadian Lenders Association to Drive Digital Lending Transformation Across Canada thumbnail

HES FinTech Joins Canadian Lenders Association to Drive Digital Lending Transformation Across Canada

VILNIUS, Lithuania–(BUSINESS WIRE)–HES FinTech, a leader in lending solutions for banks and fintechs, and the Canadian Lenders Association (CLA) are pleased to announce they have entered into a strategic partnership. The HES-CLA partnership brings together in-depth expertise in lending software development and deployment, product ideation, and innovative tools to help support Canada’s lending community. With […]

HT Mobile Apps Join ICBA to Better Serve the Community Banking Industry thumbnail

HT Mobile Apps Join ICBA to Better Serve the Community Banking Industry

ANN ARBOR, Mich.–(BUSINESS WIRE)–HT Mobile Apps, (HTMA), a fintech company serving banks across the country with cost-effective services to help community banks attract and retain customers, recently joined the Independent Community Bankers of America (ICBA) as a Corporate Member. ICBA has been serving community banks for 90 years and is the only national trade association […]

Altruist Joins Forces with Apex Clearing to Offer Advisors Frictionless Investing Experience thumbnail

Altruist Joins Forces with Apex Clearing to Offer Advisors Frictionless Investing Experience

Easily accessible and cost-efficient investment technology solutions to make investing fair for everyone DALLAS–(BUSINESS WIRE)–Altruist, the first fully integrated digital brokerage platform, today announced a new partnership with Apex Clearing, the custody and clearing engine powering the future of wealth management, to provide independent financial advisors and their clients with a better investing experience. The […]

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