Business Wire


ChartIQ to Expand Offering with FactSet

FactSet clients can now access Term Structure Graph in the product’s first enterprise adoption CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–Cosaic, a financial technology company that delivers software to promote end user workflow and efficiency, today announced that it has expanded its agreement with FactSet (NYSE: FDS) (NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and […]

ZenBusiness Acquires Joust, the Leading Fintech for Small Business Entrepreneurs

Joust will relaunch as ZenBusiness Money and bring a full suite of business banking solutions to the nation’s rising population of small business entrepreneurs. AUSTIN, Texas–(BUSINESS WIRE)–ZenBusiness, the leading platform for micro businesses to start, run, and grow their business, today announced that it has completed the acquisition of Austin-based fintech platform Joust. The strategic […]

Transact Bank Establishes Commercial Payments Focus with Flexible Core Platform from Fiserv

Bank transforms to meet market need for domestic and cross-border money movement BROOKFIELD, Wis.–(BUSINESS WIRE)–Transact Bank, based in Denver, Colorado, is enabling its new focus on the financial needs of domestic and cross-border businesses with core account processing technology from Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions. The bank is […]

OnPay Earns Best Value, Most Recommended Awards from Gartner Companies

Capterra, Software Advice badges recognize payroll provider’s commitment to customer experience ATLANTA–(BUSINESS WIRE)–#GrowAtlanta–OnPay, the top-rated payroll service provider for small businesses and accountants, today announced a pair of 2020 awards from the Gartner family of companies: Best Value for Human Resources Software from Capterra and Most Recommended for Human Resources Software from Software Advice. The […]

Artis Partners with Laika to Automate Compliance Management

Startup able to perform above industry standard for security and compliance requirements ATLANTA–(BUSINESS WIRE)–Artis Technologies provides modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need. The company has partnered with Laika to create and deploy custom lending compliance and information security policies and programs that are […]

Schneider Renews With WEX EFS to Continue Valued Relationship

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced it has renewed its contract with Schneider. Schneider, a premier provider of transportation and logistics services, has been a customer of WEX EFS since 2012. The successful relationship has allowed each company to organically focus on growth and innovation. Streamlining and simplifying […]

WEX Extends Valuable Partnership With Enterprise Fleet Management

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, has signed a multi-year contract extension with Enterprise Fleet Management. The agreement between WEX and Enterprise Fleet Management further solidifies the longstanding partnership between the two organizations, which dates back to 1993. “It’s an honor that this partnership will continue between two powerhouses in […]

EML’s Change for Good Initiative Will Eliminate 25 Million Pieces of Plastic From FinTech

Payments Giant EML is Creating a Better Tomorrow Through its Commitment to Reducing the Use of Plastic Cards in the Communities it Serves Worldwide by 50%. BRISBANE, Australia–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) aspires to comparatively cut plastic consumption by the weight of 56 elephants, 10 humpback whales, 1,250 lions and the height of […]

Bank of Baroda’s Credit Card Arm Readies for Digital Transformation with Implementation of Fiserv Technology

Flexible, scalable solution accelerates digital transformation of card issuing and processing BROOKFIELD, Wis., & MUMBAI, India–(BUSINESS WIRE)–BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance […]

KDDI Selects VisualOn Media Player to Deliver High-Quality Streaming Video Services for its au Smart Pass Subscribers

Leading Japanese Telecommunications Provider Further Enhances its au Smart Pass App with Video, Featuring VisualOn’s Cutting-edge MultiStream Sync SAN JOSE, Calif.–(BUSINESS WIRE)–#KDDI–VisualOn, a streaming software provider that enables scalable, cross-platform media playback for leading video services, today announced that KDDI has selected the VisualOn Media Player to power video playback offer on its popular au […]

Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business

 World’s Fastest Growing Global Insurance Broker and Artificial Intelligence Leader Combine to Deploy Insurtech at Scale GRAND RAPIDS, Mich. & PITTSBURGH–(BUSINESS WIRE)–In a transformational move, Acrisure today announced that it has acquired artificial intelligence (AI) leader Tulco LLC’s insurance practice to bring best-in-class data science, AI, and machine learning capabilities to the insurance brokerage industry. […]

Middle Eastern Technology Company Partners With BCT on Effort to Limit COVID-19 Spread Using MemSQL

Joint Endeavor Highlights the Power of Digital Transformation, Massively Scalable Architecture SAN FRANCISCO–(BUSINESS WIRE)–In an effort to help the government in the Middle East minimize the spread of COVID-19, Bahwan Cybertek (BCT) will deploy technology from MemSQL, The Database of Now™ for operational analytics and cloud-native applications. The effort is led by a large technology […]

Fiserv Helps Financial Institutions Make the Right Business Decisions with New Financial Planning and Forecasting Capabilities

Enhanced accounting solution facilitates strategic planning through high-quality data and analytics BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ:FISV), a leading global provider of payments and financial services technology solutions, is equipping financial institutions to better evaluate and plan for risks in the current operating environment with the launch of a robust real-time forecasting and budgeting solution. Axiom […]

tZERO CEO Saum Noursalehi Provides Update on Company Progress

NEW YORK–(BUSINESS WIRE)–tZERO, a leader in financial innovation and liquidity for private companies, released today the following letter to investors from CEO Saum Noursalehi. Dear Investors, It has been an exciting few months for tZERO. We have a platform that enables average investors to trade shares of private companies as easily and efficiently as they […]

ACI Payments Receives Nacha Certified Status for its Bill Payment Offering

NAPLES, Fla.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that its subsidiary, ACI Payments, Inc., has received Nacha Certified status. The Nacha certification verifies that ACI has achieved the highest standards of ACH payment processing outlined by Nacha for its bill payments solution, ACI Speedpay. […]

 Intuit Introduces QuickBooks Cash, a New Business Bank Account With a 1% High-Yield Interest Rate

 QuickBooks Cash, with funds available instantly to eligible customers, takes the complexity out of managing finances and getting paid MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit Inc. (Nasdaq: INTU) announced QuickBooks Cash, a business bank account that earns high-yield interest1, which, when used with the QuickBooks suite of business services, takes the complexity — and latency — […]

Skilling Extends Its Global Presence to London

NICOSIA, Cyprus–(BUSINESS WIRE)–#cfd—Forex and CFD online trading platform Skilling pushed forward with its 2020 global expansion, extending its physical presence to London, UK, under its new senior appointment, David Berg. David joined Skilling Group earlier this month as a global sales director and is in charge of creating a global commercial customer facing division for […]

PayU and Feedzai Announce Expansion of Risk Management Partnership Across EMEA and LATAM Markets

Feedzai’s technology strengthens PayU omnichannel fraud prevention capabilities with a robust machine learning framework SAN MATEO, Calif.–(BUSINESS WIRE)–PayU, a leading financial services provider in global growth markets, and Feedzai, a leading risk management platform, announced today a partnership expansion that will enable PayU to augment its fraud prevention capabilities in Latin America in addition to […]

Sharpen Launches New Performance Management Module to Empower Agents

Contact Centers Using Performance Tiles Report Improved FCR, AHT, and CSAT, Along with Immediate, Quantifiable ROI INDIANAPOLIS–(BUSINESS WIRE)–#AgentFirst—Sharpen Technologies, developers of the agent-first contact center platform, announced today the release of Performance Tiles, the first of several new applications to be released within its new Performance Management module. Performance Tiles offer agents real-time visibility into […]

Alacriti Now a U.S. Faster Payments Council Member

Helping shape the future of faster payments PISCATAWAY, N.J.–(BUSINESS WIRE)–#banking—Alacriti, a SaaS-based fintech company specializing in payments, today announced that it has joined the U.S. Faster Payments Council (FPC), a membership organization dedicated to advancing faster payments in the United States. Alacriti brings its deep expertise in banking and payments and experience working with various […]

True Link raises $35 million Series B led by Khosla Ventures and Centana Growth Partners

Specialized fintech startup ramps up growth of its services for older adults, people with disabilities, and people recovering from addiction SAN FRANCISCO–(BUSINESS WIRE)–True Link Financial, a mission-driven financial technology company, announced today that it has raised a total of $35 million in two Series B tranches, the first led by Khosla Ventures and the second […]

Altamaha Drives Future of Banking with Citrix

Community bank and trust uses digital workspace solutions to connect employees and customers across channels, deliver superior experience FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#CitrixIsHow–The move toward digital banking has been on for years. But banking is a business of relationships, and to build and maintain them, institutions must still connect in personal ways. The COVID-19 pandemic hasn’t […]

Jumio Announces Record New Account Growth, Fueled by Growth in Financial Services, Healthcare and Channel Partners

Jumio signed more new customers in Q2 than in any quarter in the company’s history as digital transformation initiatives became an economic necessity. PALO ALTO, Calif.–(BUSINESS WIRE)–Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth in the company’s history. Jumio says its growth was […]

Tyfone Enters Reseller Agreement with Payrailz® to Offer Payment Services to Community Financial Institutions

GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced it has entered a reseller agreement with Tyfone, a leading provider of digital banking solutions. Through this partnership, Tyfone will be a reseller of Payrailz’ products and offer the company’s full digital payment services to the […]

Asian Bank Selects CSI’s Core Platform to Implement Robust Digital Banking Offerings

PADUCAH, Ky.–(BUSINESS WIRE)–Philadelphia-based Asian Bank has selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, as its new core provider in order to offer robust digital banking solutions to its unique customer base. Asian Bank—a community financial institution formed by entrepreneurs to serve the growth needs of Asian and […]

Facteus Selects BackBay Communications as Agency of Record

Innovative Financial Data and Business Intelligence Company Hires Financial Services Agency BOSTON & PORTLAND, Ore.–(BUSINESS WIRE)–#positiveimpact—Facteus (formerly ARM Insight), the leading provider of actionable insights from financial data, has selected BackBay Communications as its agency of record. BackBay is an integrated financial services public relations, content development, and digital marketing agency with dedicated teams focused […]

Alibaba Hong Kong Entrepreneurs Fund Launches JUMPSTARTER 2021 Global Pitch Competition

World’s largest online startup contest supercharges innovative thinking HONG KONG–(BUSINESS WIRE)–Alibaba Hong Kong Entrepreneurs Fund today kicked off JUMPSTARTER 2021 Global Pitch Competition (JUMPSTARTER 2021), its annual signature startup event, with an online focus to ensure safe participation for all contestants during the COVID-19 pandemic. JUMPSTARTER 2021 is on track to become the world’s largest […]

ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud

ACI to offer Arvato Financial Solutions’ best-in-class Manual Order Review service to all merchants globally to optimize fraud management performance Solution is platform-agnostic and integrates seamlessly with ACI’s multi-layered fraud management platform NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced a strategic […]

Ozow – Paving the Way for Open Banking in Africa

Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. JOHANNESBURG, South Africa–(BUSINESS WIRE)–#Africa–“In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change in the […]

Dunamu: Mobile Trades for Stockplus Doubles in 1st Half of 2020

SEOUL, South Korea–(BUSINESS WIRE)–#Blockchain—Dunamu (CEO Sirgoo Lee) today announced that mobile trades for Stockplus, the company’s social stock trading platform, more than doubled in the 1st half of 2020, increasing by 117.5% compared to the same period last year. The total trading volume for Stockplus surpassed KRW 100 trillion (approx. USD 83.2 billion) in July […]

Gold Payment App CORO Publicly Launches on Historic Day Gold Reaches 228-Year High against the U.S. Dollar

MIAMI–(BUSINESS WIRE)–Miami-based fintech Coro Global Inc. (OTCQB: CGLO) today announced the official public launch of CORO, a gold payment app where users can buy, exchange and transfer gold as money, on the same day that the market price of gold reached an all-time high. Gold soared past $1,921.17 per ounce today, confirming its incredible resilience […]

Mogo Announces the Launch of MogoSpend

The only spending account in Canada that helps consumers save money and the planet through better spending control & automatic carbon offsetting VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo”), one of Canada’s leading financial technology companies, today announced the full launch of its new digital spending account (“MogoSpend”) that comes with a Mogo Visa* […]

Dorsey Represents Dunstan Thomas Group Limited in Sale to Curtis Banks Group PLC

LONDON–(BUSINESS WIRE)–Dorsey & Whitney’s London Corporate team represented the shareholders of Dunstan Thomas Group (DTG), a leading fintech provider delivering technology and market leading business solutions, for wealth managers, platforms and providers, on the sale of DTG to London Stock Exchange listed, Curtis Banks Group PLC (CB). The share purchase agreement was exchanged in the […]

ExtraHop Named Innovative Security Solution for Financial Institutions

Annual List Recognizes Standout Companies in Threat Management, Data Governance and Cloud Security SEATTLE–(BUSINESS WIRE)–#Award–ExtraHop, the leader in cloud-native network detection and response, today announced that FinTech Global named ExtraHop to its annual CyberTech100 list, which highlights the top solution providers that are shaping the future of information security. More than 1,000 companies were evaluated […]

Chartis Names FIS as Category Leader for Insurance Risk Solutions

Key facts FIS has been rated by Chartis as a category leader among vendors that provide insurance risk solutions for IFRS 17 and LDTI compliance. FIS ranked best-in-class for completeness of offering and market potential. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has been named a category leader by leading industry research firm Chartis […]

AM Best: Pandemic Deals a Wild Card to U.S. Personal Automobile Insurers (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, David Blades, associate director, and Maxwell Gilberg, associate analyst, both of AM Best, said U.S. automobile insurers experienced improved underwriting results in recent years and have reacted quickly to dramatic swings in driving patterns caused by pandemic-related shutdowns. Click on http://www.ambest.com/v.asp?v=ambpersonalauto720 to view the entire program “In 2018 […]

Mutual of Omaha Offers EAP Customers Financial Wellness Resources Through iGrad™ Enrich

OMAHA, Neb.–(BUSINESS WIRE)–With more than 50 percent of employees saying they worry about their personal finances while at work*, financial stress can be a distraction leading to loss of productivity. Understandably, that’s a concern for employers. Mutual of Omaha is now offering resources for employers who want to help their employees improve their financial wellness. […]

Discover Makes Permanent Changes to Travel Card That Provide More Ways to Earn Rewards

Restaurants and gas stations added as redemption categories for Discover it® Miles cardmembers RIVERWOODS, Ill.–(BUSINESS WIRE)–As COVID-19 reshapes what travel looks like now and in the future, Discover today announced a permanent change to its travel credit card that offers cardmembers more flexibility, value and ways to redeem rewards. Discover it® Miles cardmembers can redeem […]

European Fintech myPOS Introduces Metal Card for SMEs

LONDON–(BUSINESS WIRE)–#myPOS–The European company, myPOS, specialised in offering affordable payments technology to SMEs, has launched a new series of premium cards for its customers: the myPOS Visa Platinum Metal Card and myPOS Visa Platinum Silver & Gold Card. The offering includes a range of benefits such as a LoungeKey pass to over 1000 airport business […]