Business Wire


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, […]

Mogo Establishes New Referral Agreement with Lendful for Unsecured Consumer Loans

Mogo to promote Lendful’s best-in-class digital loans to its member base VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo”), one of Canada’s leading financial technology companies, today announced that it has established a new referral agreement with Lendful Financial Inc. (“Lendful”), through which Mogo will offer its members access to Lendful’s prime loan products through […]

WEX’s Health Division Introduces AI-Driven Chatbot

Let’s Chat Provides Instant Answers 24/7/365 FARGO, N.D.–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced the introduction of its new artificial intelligence (AI)-driven chatbot designed to enhance the personalized benefits account experience delivered by its Health division to 390,000 employers and more than 32 million consumers across the United States. Let’s […]

Ready Partners with FreedomPay to Bolster Touchless Commerce Offering

Partnership combines Ready’s contactless dining technology with established payment processor to enhance safety in consumer payment space VANCOUVER, British Columbia–(BUSINESS WIRE)–Ready, a financial technology company that offers seamless self-pay and food ordering solutions to hospitality venues across North America, announced today its partnership with FreedomPay, a global leader in Next Level Commerce™. The partnership combines […]

AM Best: Low Interest Rates Challenge Life/Annuity Writers (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Associate Director Jason Hopper and Financial Analyst Igor Bass, both of AM Best, said economic turmoil from the COVID-19 pandemic is creating new challenges for life/annuity writers. Click on http://www.ambest.com/v.asp?v=interestrates820 to view the entire program. Hopper outlined the steps that the life/annuity insurers have taken to de-risk their […]

It Pays (Literally) To Be with the Un-carrier — Full T-Mobile MONEY Benefits Extend to Sprint Customers

Plus, T-Mobile MONEY adds up-to-two-day early paycheck availability and cash deposits What’s the news: Now that Sprint is part of T-Mobile, legacy Sprint customers can get ALL the benefits of T-Mobile MONEY: a no-fee, mobile-first, checking account where customers enrolled in perks can earn an industry-leading APY of 4.00% and Got Your Back overdraft protection. […]

Marco Launches With €500m Committed Initial Equity Capital to Focus on European Property & Casualty Run-off Opportunities

Simon Minshall Leads Marco as CEO Dieter Wemmer Appointed Chairman of Marco Funds managed by Oaktree Capital Management, L.P. “Oaktree” are Founding Investors  LONDON–(BUSINESS WIRE)–Marco Capital Holdings Limited (“Marco”) has launched in Europe’s P&C run-off market. Based in Malta, Marco will pursue run-off opportunities located in/emanating from the Continental Europe, the UK and Lloyd’s of […]

AM Best: Pandemic, Economic Issues Dampen Chile Insurance Market (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Eli Sanchez, associate director, AM Best, said the rating agency’s negative market segment outlook on Chile’s insurance sector is based on declines in insurance activity, tied to the pandemic and longer-running economic issues. Click on http://www.ambest.com/v.asp?v=chileoutlook_english720 to view the entire program. Sanchez addressed to what extent COVID-19 is […]

Osaka Matsui Management Says With IPO Looming, Jack Ma’s Ant Group Earns $3.5 Billion Profit in Six Months

OSAKA, Japan–(BUSINESS WIRE)–Analysts at Japanese financial services company Osaka Matsui Management have said that billionaire Jack Ma-backed Chinese financial-technology juggernaut Ant Group Co. earned an estimated $3.5 billion during a recent six-month period, demonstrating how lucrative the company’s business has been as it moves closer towards a blockbuster initial public offering. “According to financial results […]

Temenos Named a Leader for 11th Time in Gartner Magic Quadrant for Global Retail Core Banking

Leader position is based on Completeness of Vision and Ability to Execute Temenos believes this is recognition of its innovative cloud-native technology and its investment in delivering the richest banking functionality Temenos has the largest cloud core banking software installed base globally GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced that leading industry […]

Strivve Announces “TopWallet™ Rewards” – First-Ever Rewards Platform Driving Top of Wallet® Online Payment Incentive Programs

CardUpdatr App and CardSavr® Platform Provide Card Issuers Real-Time Card-On-File Rewards Solutions SEATTLE–(BUSINESS WIRE)–#fintech—Strivve, Inc, a Seattle-based financial technology company, today announced the availability of TopWallet™ Rewards, complementing the recently announced TopWallet™ Tools. TopWallet Rewards is powered by Strivve’s CardSavr Platform and provides real-time notifications to card issuers, allowing them to immediately reward their cardholders […]

Pivot Health Announces Partnership With Quotit Corporation, Expanding Agent Base And Quoting Capabilities

Software platform now allows insurance agents to quote several Pivot Health health insurance plans NEW YORK–(BUSINESS WIRE)–#healthinsurance—Pivot Health, a division of HealthCare.com, a leader in technology-enabled health insurance solutions, today announced its partnership with Quotit Corporation, an insurance software service provider that provides health insurance agents the ability to assist clients with health insurance quotes […]

CSI Completes 15 Virtual Core Conversions in COVID-19 Environment

-Virtual projects deployed for banks ranging up to $1.6 billion in assets during pandemic- PADUCAH, Ky.–(BUSINESS WIRE)–Despite limitations on in-person work and travel due to COVID-19, Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has successfully completed 15 virtual core conversions since the beginning of the pandemic. Five of […]

ErisX Selected to Participate in Hawaii’s Digital Currency Innovation Lab Pilot Program

CHICAGO & NEW YORK–(BUSINESS WIRE)–ErisX today announced participation in a pilot program by the State of Hawaii’s Digital Currency Innovation Lab (DCIL) to provide residents of Hawaii immediate access to a U.S. based spot and regulated futures market on cryptocurrencies. Under the two-year pilot program, ErisX is one of 12 digital currency issuers allowed to […]

Origami Risk and LineSlip Join Forces to Help Risk Managers Track, Manage and Renew Worldwide Insurance Programs

AI-driven Solutions Offer Timely Access to Loss, Exposure and Policy Data/Analytics, Streamlining Insurance Decision-Making and Supporting Renewals in Evolving Market CHICAGO & NEW YORK–(BUSINESS WIRE)–#AI–Origami Risk LLC and LineSlip Solutions, Inc. today announced they have formed an exclusive relationship that will enable Origami’s clients to readily access the critical information they need to manage their […]

LifeYield Unlocks $5.3B of Potential Lifetime Social Security Benefits in First Half of 2020

Social Security Advantage tech adds average of $150K of possible retirement money per client BOSTON–(BUSINESS WIRE)–The difference between an adequate Social Security benefit filing strategy and an optimal one can be life-changing. LifeYield LLC, the market leader in developing cloud-based solutions that help advisors maximize retirement income for their clients, today reveals that advisors using […]

Fiserv Enables Financial Institutions to Take Lease Accounting from a Spreadsheet to the Balance Sheet

Collaboration with LeaseQuery allows Fiserv accounting software users to streamline lease accounting processes and address FASB standard BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling financial institutions to advance their lease accounting processes and address industry standards through a new agreement with LeaseQuery. This […]

NestEgg Launches “Bring Your Own Contractor” Feature to Instantly Connect the Country’s 12M Independent Landlords with Vendors for Maintenance Issues

All-in-one service saves landlords an average of 75% of their time on a weekly basis CHICAGO–(BUSINESS WIRE)–Today NestEgg, a fintech software startup building the future of property management, announced a new “Bring Your Own Contractor” feature that is now available for the 12 million independent landlords in the US. This new feature immediately gives landlords […]

DaySmart Software Celebrates Growth Fueled by Strong Customer Relations

Earns spot on the Inc. 5000 list for the 10th consecutive year ANN ARBOR, Mich.–(BUSINESS WIRE)–DaySmart Software, the leading provider of business management software driving small business growth, has been recognized by Inc. Magazine as one of the 5,000 fastest-growing, privately held companies in America for the 10th consecutive year. “Our strong and continued growth […]

Cross River Collaboration and Settlement With Colorado Attorney General Will Promote Responsible Bank-Fintech Partnerships

Settlement Validates Cross River Lending Model, Removes Cloud of Uncertainty and Allows Responsible Lenders to Continue to Provide Access to Credit to Consumers in Need Resolves Issue of “True Lender” and Creates a Regulatory Framework That Can Be Replicated in States Across the Country FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a leading innovator […]

Fig Tech Partners with Upper90 to Lead Digital Transformation of Non-profit Lending Programs

NEW YORK–(BUSINESS WIRE)–Fig, a technology driven Community Development Financial Institution (CDFI), and Upper90, a leading alternative credit provider, are building tailored software solutions for underbanked Americans. Fig’s technologies empower community organizations to reach a significantly larger client base at a fraction of the cost. Early adopters of the platform include the United Way of Greater […]

Urban FT Launches Industry’s First ‘FinTech Core’ to Centralize FinTech Infrastructure Into One Tech-Hub

The X-35 FinTech Core™ gives financial institutions a centralized technology hub to integrate with and manage their third-party solution providers. NEW YORK–(BUSINESS WIRE)–#BaaS–Urban FT Group, Inc., one of the most progressive and successful FinTech companies serving the Banking and Payments industry, announced today the launch of the X-35 FinTech Core™, an API-first, developer-friendly, and cloud-based […]

Applied Data Finance Recognized as Fastest Growing Company by The Financial Times and Inc. Magazine

SAN DIEGO–(BUSINESS WIRE)–Applied Data Finance, LLC (ADF), a leading technology-enabled lender and asset manager, has been recognized as one of America’s fastest growing companies by being named to The Financial Times’ inaugural list of The Americas’ Fastest Growing Companies 2020 and the Inc. 5000 list of America’s Fastest Growing Private Companies. ADF ranked #8 on […]

WNS Named a ‘Leader’ in Mortgage & Loan Services by NelsonHall

NEW YORK & MUMBAI, India–(BUSINESS WIRE)–#BPM–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced that it has been recognized as a ‘Leader’ in NelsonHall’s 2020 NEAT evaluation for Mortgage & Loan Services in the New Digital Business Models category. The NEAT assessment evaluates vendors based on their […]

FIS Speeds Access to Advanced Technology for Community Banks with New ClearEdge Solution

Key facts New offering provides qualifying community banks with pre-integrated bundle of technologies for operating a highly efficient, modern bank—all via an affordable, subscription-based model. ClearEdge leverages FIS’ simplified pricing and contracting model to dramatically simplify and streamline contracting process. JACKSONVILLE, Fla.–(BUSINESS WIRE)–As U.S. community banks position themselves for success in a post-pandemic marketplace, financial […]

Mogo Helps Protect Canadians from Rising Risk of Identity Fraud

Mogo now offering digital solution MogoProtect for free VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo”), one of Canada’s leading financial technology companies, today announced that as part of its mission to help Canadians improve their financial health, it is now providing free access to its digital ID fraud protection solution, MogoProtect, to help Canadians […]

Xformative Selected for Award-Winning Mastercard Start Path Program

Cloud-native platform offers library of modular APIs for card issuance and payment solutions NEW YORK–(BUSINESS WIRE)–Xformative Payment Systems today announced that the company has been selected as one of 11 startups for the Mastercard Start Path program, which brings a global pool of innovators together to build the future of commerce. Xformative is the only […]

Marqeta Adds 3D Secure to Its Platform, Providing Customizable Authentication for Online Fraud Mitigation

Marqeta 3D Secure – one of the first solutions to be certified on the Visa 2.2. Standards – is designed to give issuers complete control over their cardholder authentication experience to help reduce risk of fraud. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta, the world’s first global modern card issuing platform, announced the release of its new 3D Secure […]

Remote Core Conversions Rule as Financial Institutions Move to Fiserv to Support Strategic Initiatives

COVID-19 pandemic hastens long-term trend toward more digital interactions BROOKFIELD, Wis.–(BUSINESS WIRE)–#banking—Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that within the last five months, more than 20 financial institutions have completed remote core conversions to advance their individual strategies of digital engagement and further customer and member […]

HICOOL Global Entrepreneur Summit and Entrepreneurship Competition Announces Semi-Final Entries

BEIJING–(BUSINESS WIRE)–The First HICOOL Global Entrepreneur Summit and Entrepreneurship Competition (“HICOOL”), has announced more than 200 entries to its semi-final at a press conference hosted on August 14 in Beijing. The pioneering competition has seen a gathering of international intelligence in cutting-edge technological industries. The preliminary contests has attracted 3085 world-class science and technology talents […]

CAIS Announces Rapid Advisor Adoption for New Learning Platform

CAIS IQ is driving education of alternative investments, CE credits for Financial Advisors Everywhere NEW YORK–(BUSINESS WIRE)–CAIS, the industry-leading alternative investment platform, today announced growth and momentum for CAIS IQ, the company’s modern learning system for financial advisors, that helps them learn faster, remember longer and enhance client outcomes. CAIS IQ combines artificial intelligence with […]

Optiv Releases 2020 Cyber Threat Intelligence Estimate Exploring Vulnerability, Attack Method and Vertical Industry Trends

— Report Analyzes Data Breaches, Dark Web Practices and Other Trends Across 2019 Incidents to Help Organizations Mitigate Risk and Strengthen Defenses — DENVER–(BUSINESS WIRE)–#Optiv–Optiv Security, a security solutions integrator delivering end-to-end cybersecurity solutions, today released its 2020 Cyber Threat Intelligence Estimate (CTIE) white paper, an annual report exploring the threat trends, tools, techniques and […]

Covered Care Announces Public Launch, Helping Healthcare Providers Say “Yes” to Their Customers

Industry veterans introduce tech-enabled program in response to coronavirus pandemic, widening access to credit for medical expenses with affordable rates and simple approval SAN FRANCISCO–(BUSINESS WIRE)–Covered Holdings announced the official launch of Covered Care today. Created to provide affordable healthcare financing for people declined by traditional credit, Covered Care simultaneously supports credit-challenged Americans as well […]

Metrics Global Partners with CardSync™, Adding the Revolutionary Universal Card Account Updater to its Unified Commerce Platform

LAS VEGAS–(BUSINESS WIRE)–Metrics Global integrates CardSync into MGI Payment’s Unified Commerce Platform, enabling their merchants to automatically update consumer credit card account details for recurring payments on all processing platforms. This critical service will help maximize a merchant’s sales revenue from any recurring payment model or channel. “CardSync is a universal account updater platform that […]

Fiserv Gives Back to Help Small Businesses Get Back to Business

Back2Business program rolls into hard-hit communities to help jump-start small minority-owned businesses affected by COVID-19 pandemic BROOKFIELD, Wis.–(BUSINESS WIRE)–Small businesses that have been impacted by the effects of the COVID-19 pandemic now have access to crucial resources as part of a new program from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and […]

Access Softek’s Access Commercial Platform Presents Growth Opportunity for Community Financial Institutions

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., a digital banking platform provider, has announced its commercial banking platform, Access Commercial, enabling community financial institutions to maintain a presence in the $600 billion commercial banking market. Access Commercial creates a seamless online experience for credit unions and community banks to meet business’s specific needs, strengthen existing business relationships […]

FIS Doubles Applications Covered by Service Level Agreement; Reduces Service Disruption Period to As Little as Ten Minutes

Key facts Expanded service level agreement now covers 74 selected cloud-based banking and merchant solutions in the U.S. and U.K. Industry-leading SLA also reduces designated service disruption period to as little as ten minutes. FIS has invested significantly in cloud-enabling its global network, with more than 70 percent of its applications now running in the […]

SIMON Expands Annuities Marketplace as Symetra Joins Platform

Symetra annuities are now available on SIMON’s insurtech platform, which offers powerful allocation and income analytics to wealth managers in one centralized location NEW YORK–(BUSINESS WIRE)–#FinTech–SIMON Annuities and Insurance Services LLC (“SIMON”) today announced a new partnership with Symetra Life Insurance Company (“Symetra”) in a move that expands SIMON’s annuities platform and digital marketplace for […]

WEX Announces New ClearView Snap Skill for Amazon Alexa

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced the launch of its new ClearView Snap voice skill for Amazon Alexa. ClearView Snap is a data analytics platform that offers fleet managers and administrators quick and easy insights into fleet expenses through easy-to-read graphs and charts. This new integration will now […]

Origami Risk and Gradient AI Team to Offer Claims and Policy Modeling, Predictive Analytics Resources on Origami Digital Platform

Ready Access to AI-Driven Capabilities Can Help Insurers, TPAs and Self-Insured Organizations Drive Growth, Profitability, Efficiencies in Underwriting and Claims Operations CHICAGO & BOSTON–(BUSINESS WIRE)–#AI–Origami Risk LLC and Gradient AI today announced they have formed a strategic partnership to make Gradient’s claims and policy modeling capabilities and predictive analytics resources available on Origami’s industry-leading digital […]