Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Tassat Announces Client Connectivity to FedNow, The Federal Reserve’s First Instant Payment Rail

Business Wire
The leading B2B digital payments platform has been a FedNow showcase participant, providing its capabilities to financial institutions interested in utilizing FedNow Tassat Group Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced that its client-facing API can serve as an on-ramp......

Banxa and BitMart Partner for Seamless Fiat-to-Crypto Onboarding

Business Wire
Integration to advance global cryptocurrency adoption in rapidly growing markets BANXA Holdings Inc., the leading on-and-off ramp solution for Web3, announced a strategic partnership with BitMart, the premium global digital asset exchange. The collaboration will unlock fiat-to-crypto on-and-off-ramping and further advance cryptocurrency adoption in vital markets such as Asia-Pacific (APAC)......

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance

Business Wire
SoFi Will Increase Available FDIC Insurance Coverage from $250K to $2M via participation in the New SoFi FDIC Insurance Network SoFi Technologies, Inc., the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million......

CIBC Innovation Banking Provides $40 Million in Growth Capital Financing to

Business Wire
CIBC Innovation Banking announced that it has provided $40 million in growth capital financing to to expand the San Francisco-based company’s AI-powered care coordination platform and fuel its expansion, including potential acquisitions. “Today, serves a patient every 21 seconds across more than 1,300 hospitals. With CIBC Innovation Banking’s......

Adeptia Announces $65 Million Strategic Growth Investment Led By PSG

Business Wire
Company Taps Experienced Industry Veterans Vance Loiselle as CEO and Paul Moriarity as CRO Adeptia, a leader in B2B data integration and business data exchange, announced a $65 million strategic growth investment round led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help......

Cross River and Partner to Create All-Inclusive Payments Platform for Businesses

Business Wire
Cross River’s market-leading embedded solutions and customizable APIs power’s international expansion Cross River Bank, a leading technology infrastructure provider that offers embedded financial solutions, announced a new partnership with U.K. based This partnership will enhance and expand’s automated payment platform into the U.S. and drive additional growth......

Dealroom and RockawayX Publish 2023 Report on the State of European Crypto Company Funding

Business Wire
The report details crypto VC funding trends in Europe RockawayX (a venture capital firm backing leading Web3 projects) and Dealroom published its State of European Crypto Funding report. “The crypto market has been defined by 4-year cycles. During the 2018 crypto winter, the total digital asset market cap fell by 80%,......

U.S. Bank Expands Client Offerings in Europe With New ETF Servicing Capability

Business Wire
U.S. Bank announced the launch of their new exchange-traded fund (ETF) services in Europe, as well as their first client for this offering. U.S. Bank will support Horizon Kinetics’ European version of their Inflation Beneficiaries ETF, an actively managed fund that seeks to address one of the most important economic......

Research: America’s Small Businesses Threatened by Inability to Access Needed Credit

Business Wire
New study from Codat shows that application issues remain the biggest hurdle for SMBs in America amidst growing reliance on big banks As economic uncertainty continues to impact small and medium sized businesses (SMBs), new research from Codat, the universal API for small business data, shows that over a fifth (21%)......

State Street Further Expands Outsourced Trading Capabilities

Business Wire
Acquisition of CF Global Trading to help clients drive growth to portfolios while accessing the scale, experience, insights, liquidity and technology of State Street’s established trading infrastructure State Street Corporation announced it has entered into a definitive agreement to acquire CF Global Trading, a global firm specializing in outsourced trading......