Business Wire


De-Risking the Future: kWh Analytics, Arava Power, Paz Oil, Menora Mivtachim and Nomura Partner on Solar Investment

Solar Revenue Put production insurance supports Arava Power, Paz Oil and Menora’s US solar debut in a $200m senior secured credit facility lead by Nomura SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in Climate Insurance, today announced a partnership with Arava Power, Paz Oil and Menora Mivtachim to provide production insurance to optimize debt terms […]

Sumsub releases a complete guide to business verification highlighting compliance challenges

Sumsub’s compliance team has shared a free guide on KYB verification trends and best practices MIAMI–(BUSINESS WIRE)–#KYB–Sumsub, an all-in-one verification platform, today published its Complete Guide to Business Verification (KYB) for businesses in the fintech, banking, payment, crypto, e-commerce and gambling industries. Business verification market size is expected to grow at a CAGR of 11.81% […]

Suffolk Technologies Receives GlobeSt. Real Estate Forum’s Influencer in CRE Technology 2023 Award

Award recognizes innovative leaders in CRE technology BOSTON–(BUSINESS WIRE)–Suffolk Technologies, Suffolk’s built environment venture capital firm, was selected as a top organization in GlobeSt. Real Estate Forum’s Influencers in CRE Technology 2023 awards, which honor innovative CRE tech professionals, organizations and teams whose industry advancements are furthering practices and promoting efficiencies. The awards also highlight […]

Satoshi’s Index Becomes First Fintech Company to Use NFTs for Software License Ownership

The technology innovation uses NFTs to authenticate user ownership and permissions by recording software licenses of their product on the Ethereum blockchain SEATTLE–(BUSINESS WIRE)–Satoshi’s Index, the Web3 fintech firm offering automated crypto investments, relaunches with an upcoming mint, updated platform, and a first for blockchain – offering ownership of a software license using blockchain-token technology. […]

Applied Real Intelligence (“A.R.I.”) Launches Venture Debt Opportunities Fund for Qualified Clients

A.R.I.’s Fund Brings Exclusive Access to Wealth Advisors and Affluent Clients for First Time LOS ANGELES–(BUSINESS WIRE)–#AI—Applied Real Intelligence LLC (A.R.I.), an investment management company based in Los Angeles, has launched its A.R.I. Venture Debt Opportunities Fund for Qualified Clients in response to significant interest from Registered Investment Advisors (RIAs), wealth advisors, and their affluent […]

Link Ventures Announces $150 Million Fund

LV3 makes first investment in payment protection company nsKnox CAMBRIDGE, Mass.–(BUSINESS WIRE)–#AI–Link Ventures (“LV”), a venture capital firm that focuses on investing in early-stage technology companies, announced today that it has launched its third investment fund, Link Ventures 3 LP (“LV3”), with approximately $150 million in commitments. This fund size is 50% larger than its […]

ICE Announces Plan to Expand its Climate Risk Offering Globally with Dun & Bradstreet Supply Chain and Location Data

LONDON, NEW YORK & JACKSONVILLE, Fla.–(BUSINESS WIRE)–Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, today announced an agreement with Dun & Bradstreet (NYSE:DNB), a leading global provider of business decisioning data and analytics, to leverage its global supply chain and corporate location data to expand ICE’s climate risk offering globally. […]

Grow Credit CEO Joe Bayen to Participate in NYSE Closing Bell Ceremony on February 23 as Company Makes Great Strides in Raising Credit Scores

SANTA MONICA, Calif.–(BUSINESS WIRE)–#financialinclusion—Grow Credit, a financial inclusion startup dedicated to helping people raise their credit scores for free by leveraging their monthly subscription payments such as Netflix or Spotify, is proud to announce that its CEO, Joe Bayen, will participate in the Closing Bell Ceremony of the New York Stock Exchange (NYSE) on February […]

Pidgin Partners with Community Bankers’ Bank to Facilitate Faster Payments Across Network of Independent Community Banks

Community Bankers’ Bank is the latest institution to join Pidgin’s growing roster of correspondent bank clients ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, announced that Community Bankers’ Bank (CBB), is extending the platform to its network of independent community banks in the Fifth Federal Reserve District and contiguous states. […]

Green Dot Network Sees Continued Growth as Many Consumers Continue Relying on Cash for Purchases and Bill Payments

Neobanks, Bill Pay Leaders and Earned Wage Access Providers Join Green Dot’s Growing List of Network Partners AUSTIN, Texas–(BUSINESS WIRE)–#BaaS—Green Dot Corporation (NYSE: GDOT) and its growing list of partners are focused on powering consumers and businesses with seamless banking and payment tools and access to the cash services they need. Today the company announced […]

Ault Alliance Announces the Addition of Data Center Services Veteran, Jay Looney, as the Chief Executive Officer of its Wholly-Owned Subsidiary, AC Management, Inc.

LAS VEGAS–(BUSINESS WIRE)–$AP #AC_Management—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Company”), announced today that its wholly-owned subsidiary, AC Management, Inc. (“ACM”), has appointed Jay Looney as its Chief Executive Officer. ACM controls the operations of Alliance Cloud Services, LLC (“ACS”). Mr. Looney […]

Regula: Global Survey Reveals Key Reasons Why Businesses Plan to Spend More on Identity Verification

RESTON, Va.–(BUSINESS WIRE)–#identity—Regula, a global developer of forensic devices and identity verification (IDV) solutions, has conducted a global survey investigating the business impact of investing in IDV, as well as organizations’ plans for the upcoming future. The results show growing demand for IDV solutions, and reveal businesses’ motivations behind this trend: preventing identity fraud, digitalization, […]

FINEOS and Empathy Partner to Bring Complete Support to Life Insurance Beneficiaries

Through interlocking technology and user experience, the companies will enhance the claims journey for life insurers and the families they serve ATLANTA–(BUSINESS WIRE)–#bereavement—FINEOS Corporation (ASX:FCL), the leading global provider of SaaS enterprise claims software for the life, accident, and health industry, and Empathy, a platform helping families navigate the emotional and logistical challenges of a […]

Worldpay from FIS Announces The Prince’s Trust as Official Charity Partner in the UK

Key facts Worldpay from FIS® has announced it is an official charity partner in the UK to The Prince’s Trust, which helps vulnerable young people facing adversity with practical and financial support. The partnership is aligned with FIS’ overarching financial inclusion and giving back goals, supporting young entrepreneurs and small businesses with financial literacy and […]

HKSTP Kicks off “Talent Game On 2K23” Programme to Usher a Golden Era of Innovation & Technology

Immersive online and offline experiences beginning today bring an array of I&T career opportunities for tech and non-tech professionals with chances to win a trip to Silicon Valley HONG KONG–(BUSINESS WIRE)–Hong Kong Science and Technology Parks Corporation (HKSTP) is launching its “Talent Game On 2K23” talent programme in a major push to attract young local […]

Payoneer receives UK E-Money license from Financial Conduct Authority

LONDON & NEW YORK–(BUSINESS WIRE)–Payoneer (Nasdaq: PAYO), the financial technology company empowering the world’s small businesses to transact, do business and grow globally, has received (via its subsidiary – Payoneer Payment Services UK Ltd) its Electronic Money License (EMI) from the United Kingdom’s Financial Conduct Authority (FCA). The license is a key requirement for digital […]

Jackson Joins SIMON from iCapital’s Insurtech Platform

LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today announced plans to add a selection of its annuity solutions to SIMON from iCapital’s2 insurtech platform. By integrating its product offerings with SIMON from iCapital’s marketplace, Jackson will provide wealth management firms with increased access to […]

ISG to Publish Report on Digital Banking Platforms

Upcoming ISG Provider Lens™ report will evaluate providers of technologies empowering banks to successfully innovate on products, business models and processes STAMFORD, Conn.–(BUSINESS WIRE)–$III #BankingPlatforms–Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining providers of digital technologies that enable banks to adapt to rapidly […]

SBS Announces First Ever Communications Service Offering for Extraterrestrials and UFOs

Award Winning Technology PR Agency Opens Pressurized Door to Help Extraterrestrial Beings Share their Messages and Transport UFO Science to Earth SAN FRANCISCO–(BUSINESS WIRE)–SBS, a leading technology communications agency, today announced it is expanding its services to include communications designed for extraterrestrial beings, UFOs, and not-of-this-world technology. As curious, open minded people who happen to […]

Western National Insurance Selects CLARA Analytics’ AI to Unlock Medical Insights from Claim Documents

CLARA Optics Enables Insurance Leader to Improve Medical Outcomes for Injured Workers SANTA CLARA, Calif. & EDINA, Minn.–(BUSINESS WIRE)–#AI—Western National Insurance today announced they have selected CLARA Optics, an AI-driven technology platform developed by CLARA Analytics (“CLARA”), to help improve medical outcomes for injured workers, increase efficiencies in workers’ compensation claims management, and ease administrative […]

Quext IoT Awarded Five New Patents Expanding Its IP Protection

Top smart apartment innovator Quext further bolsters patent protection around its differentiated IoT solution – created with apartment operators in mind. LUBBOCK, Tex.–(BUSINESS WIRE)–Quext, one of the multifamily industry’s most innovative smart technology solutions providers, today announced the United States Patent and Trademark Office (USPTO) recently awarded five new patents that further protect its IoT […]

DNA Payments Partners with Mastercard to Deliver Click to Pay

LONDON–(BUSINESS WIRE)–Fintech DNA Payments, one of the largest independent, fully vertically integrated omnichannel payments companies in the UK, has partnered with Mastercard to deliver Click to Pay for merchants across the UK and Europe. Mastercard Click to Pay offers a simple and secure checkout experience giving consumers instant access to their preferred cards on every […]

MoneyLion Partners with Column Tax to Offer Customers Free Tax Services

With this partnership, eligible MoneyLion users have access to a simplified tax filing process that saves them time and cost associated with similar services NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion”) (NYSE: ML), the go-to destination for personalized financial content, financial products and advice, today announced it is offering eligible MoneyLion users free tax filing services through […]

Customers Bank Introduces Loan Syndications Banking Solutions

MALVERN, Pa.–(BUSINESS WIRE)–$CUBI #FinTech–Customers Bank, a digital and fintech-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc. (NYSE:CUBI), announced the launch of a new Loan Syndications Banking Team, expanding the bank’s lending services for middle market businesses and lead deals to support the bank’s […]

ICE Announces Record Trading and Participation Across North American Environmental Markets With Strong Growth in Renewable Energy Markets

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record volume and participation in its North American environmental markets, with a record 270 companies trading last year. ICE offers customers the most liquid markets to trade futures and options on California Carbon Allowances, California […]

For Middle Market Companies, Economic Uncertainty and a Technology Gap Heighten Appeal of Big Banks

Coalition Greenwich announces winners of 2022 Greenwich Excellence, Best Brand and Share Leader Awards in U.S. Middle Market Banking STAMFORD, Conn.–(BUSINESS WIRE)–Concerns about an economic downturn have made middle market companies more conservative when managing their banking relationships. Over the past six months, perceptions of the biggest U.S. commercial banks have started to close the […]

Survey: Amid Economic Uncertainty, General Partners Express Confidence in Key Strategies

‘Dynamo Frontline Insight Report’ Reveals Trends in Diversification,Fees, and Tech Spend for Next 12 Months, UncoversWhere GPs and LPs Align & Diverge BOSTON–(BUSINESS WIRE)–#ALTSresearch–Alternative investments FinTech Dynamo Software, in partnership with Alterio Partners, today released the results from a new survey, Trends, Challenges, & Insights from Leading General Partners (GPs). During the months of December […]

Sharegain Unlocks Revenue Engine for Wealth Managers in the United States

Sharegain has launched its Securities Lending as a Service (SLaaS) offering in the US, empowering wealth managers to generate revenue streams from existing AUM. NEW YORK–(BUSINESS WIRE)–Sharegain, a leading B2B capital markets fintech, today announced it is open for business in the US, following regulatory approval from the Financial Industry Regulatory Authority (FINRA). Operating from […]

Goavega to bring cutting-edge product engineering, cloud enablement and digital transformation expertise to Canada

Aims to enhance product’s time to market by 25% As a certified ‘Great Place to Work’, they will leverage local talent and globally distributed teams WATERLOO, Ontario–(BUSINESS WIRE)–#Goavega–After a successful expansion in the USA, Goavega launched its Canadian operations out of Waterloo, Ontario, with the aim to expand its NA clientele and partnering with Hi-Tech, […]

Advisor Circle Announces “Breakthru,” A New Event-Tech Meetings Platform Built Exclusively for the Financial Services Industry

Industry veterans Chris Cherry and David Masterson join Advisor Circle to lead the new venture, which will debut at the 2023 Future Proof Festival BOSTON–(BUSINESS WIRE)–#culture—Advisor Circle, an influential and culturally relevant product studio for financial services—as well as the creator of Future Proof, the world’s largest wealth festival—today announced the launch of its newest […]

Wedge Announces Partnership With Visa to Power Spending Innovation

Wedge will launch new Visa debit cards to consumers in the US AUSTIN, Texas–(BUSINESS WIRE)–Wedge Financial, Inc. (Wedge), a fintech company that brings the power of the markets and programmable payments to everyday spending, is partnering with Visa to launch a debit card connected to the Wedge app, accelerating its mission to revolutionize consumer spending. […]

Paymentus to Provide Bill Pay and Money Movement for Citizens Retail Banking Customers

REDMOND, Wash.–(BUSINESS WIRE)–#billing–Paymentus (NYSE: PAY), the best in class digital bill pay1 and money movement provider, today announced that it has been selected by Citizens Financial Group to provide electronic bill payment and money services for its digital-first retail banking customers nationwide. Citizens will deploy Paymentus Bill CenterSM and Paymentus Loan Payments, both powered by […]

Intuit to Infuse $1M into Local Communities with Support to Small Businesses and Nonprofits

‘Small Business Big Impact Day’ will Engage 10,000 Global Employees and Benefit More Than 240 Local Small Businesses and Organizations MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today its first ever ‘Small Business Big Impact Day’ on February 15, dedicated to uniting […]

HUBUC Launches P1, a global card issuing and processing engine, becoming a Mastercard Network Enablement Partner

NEW YORK & BARCELONA, Spain–(BUSINESS WIRE)–#theHUBUCway–Leading fintech company HUBUC announces the immediate availability of its revolutionary issuing processor, a Mastercard-certified platform that makes card issuing easier than ever. The platform has global scalability and plug-and-play connectivity at its core, allowing financial institutions and fintechs to enhance their customer experiences and deploy disruptive payment card use […]

Mahalo Banking Becomes First in Industry to Offer Comprehensive Neurodiversity Functionality to Credit Unions in Reimagined Platform

Digital banking provider unveils new credit union platform designed to expand and enhance member-experience TROY, Mich.–(BUSINESS WIRE)–#automation—Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced the launch of its next-generation digital banking platform. The modernized digital banking platform is engineered to deliver neurodiverse functionalities intended to improve accessibility […]

SumUp and Netcetera: Two European Payment Powerhouses Team Up on ACS

Leading financial technology company SumUp and payment tech expert Netcetera partner to protect small merchants from fraud LONDON–(BUSINESS WIRE)–As online purchases have soared in the last few years, so has the level of online fraud. In 2021, e-commerce fraud in the UK jumped to GBP 1.3 billion. As many merchants make the transition to online […]

Ault Alliance and Ecoark Holdings Invite Stockholders to Participate in the Online Tour of BITNILE.COM on February 28, 2023

BITNILE.COM to Launch What It Believes to Be the First Metaverse Super-App that Runs Entirely in Web Browser with No Pixel Streaming LAS VEGAS–(BUSINESS WIRE)–$AP #3D_immersive_games—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance”) and Ecoark Holdings, Inc. (“Ecoark”) (NASDAQ: ZEST) announced invitations to their respective stockholders to a tour of the […]

Dora Launches Free Financial Coaching Services to End Users via TrustPlus

Event Based Service Offers One-On-One Financial Coaching CHELMSFORD, Mass.–(BUSINESS WIRE)–Dora Financial, a marketing and innovation CUSO (credit union service organization) powered by the credit union movement, announced the launch of its new feature, event-based financial coaching. Dora end users now have access to personal finance coaching at no cost through a new partnership with TrustPlus, […]

Berkley Program Specialists Partners With Talage for Workplace Violence Coverage

NAPERVILLE, Ill.–(BUSINESS WIRE)–Berkley Program Specialists today announced a partnership with Talage, a Submission Management Platform for commercial insurance, to offer an innovative new product line providing workplace violence coverage. This new coverage and service offering was introduced February 8, 2023 in select states with additional states to follow. Berkley Program Specialist has chosen to collaborate […]

 Origami Risk Expands Online Environmental and Chemical Safety and Compliance Tools for EHS Professionals

New EHS Tools Help Drive Accuracy, Efficiency; Streamline Administration CHICAGO–(BUSINESS WIRE)–#CoreSolutions–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, today announced the expansion of online environmental and chemical offerings to help environmental, health and safety (EHS) leaders remain compliant with evolving regulations, reinforce safety and reduce hazards. The new […]

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