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.

Safaricom and Mastercard Partner to Expand Remittances and Payment Acceptance to over 636,000 Merchants in Kenya

Business Wire
by Business Wire0
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration is set to benefit over 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. “This collaboration with Mastercard unlocks new opportunities for M-PESA merchants, aligning with our mission......

CertifID Announces Expansion of Insurance to Address Escalating Risk of Wire Fraud

Business Wire
by Business Wire0
The company has doubled its maximum coverage tier to $2 million per verified transaction to meet rising business demand and housing values CertifID, a leader in wire fraud protection, announced up to $2 million in direct, first-party insurance coverage on every wire transfer that is verified by the company. Thursday’s......

CSI Acquires Velocity Solutions, a Leader in Intelligent Deposit Growth and Overdraft Management Software

Business Wire
by Business Wire0
CSI, a leading provider of end-to-end financial software and technology, announced the acquisition of Velocity Solutions. Velocity offers financial institutions best-in-class account and deposit acquisition, customer engagement and retention solutions as well as intelligent software for serving consumer liquidity through overdraft management. “The CSI and Velocity teams are united by......

Borderless Capital Announces $100M DePIN Fund to Power the Future of Distributed Infrastructure

Business Wire
by Business Wire0
“Backed by peaq, Solana Foundation, Jump_, IoTeX, and others, the fund is led by former Telefónica executive Álvaro Gracia and Helium co-founder Sean Carey.” Borderless Capital, a leading Web3 investment manager, today announced the launch of its third DePIN-focused fund, a $100 million fund dedicated to accelerating the growth and......

True Markets Unveils TrueX, a Cutting-Edge, Stablecoin-Native Trading Platform; Secures $9 Million in Seed Funding

Business Wire
by Business Wire0
Founded by Former Coinbase, Circle, and Goldman Sachs Senior Leaders, First-of-its-Kind Crypto Exchange Launches with PayPal USD (PYUSD) as its preferred stablecoin Funding Round Includes Participation from RRE Ventures, Reciprocal Ventures, Paxos, Accomplice Blockchain, Hack VC, Solana Foundation, and Aptos TrueX, a non-custodial, stablecoin-native exchange representing the next evolution in......

Pagaya Closes New $500 Million Consumer Loan ABS Deal, Reflecting Continued Strong Investor Demand

Business Wire
by Business Wire0
Second AAA-Rated Asset Backed Securitization of 2024, with $4.4bn raised across all transactions in 2024 Pagaya remains the #1 ABS issuer of personal loans in the U.S. Pagaya Technologies LTD. a global technology company delivering AI-driven product solutions for the financial ecosystem, announced the closing of PAID 2024-9. A total......

Crystal Intelligence Strengthens U.S. Operations with New Leadership Hires

Business Wire
by Business Wire0
Crystal aims to deliver tailored solutions that address the challenges faced by U.S. organizations in the digital asset space with veteran crypto hires Crystal Intelligence, a leader in digital asset compliance and risk management, is expanding its U.S. operations to meet the growing demand for sophisticated compliance and investigative solutions.......

FICO and Jersey Telecom Collaborate to Tackle Authorised Push Payment Fraud

Business Wire
by Business Wire0
Innovative combination of telephony signals and card data delivers first real-time solution to spot scams with early pilot reducing the number of people scammed by 41% In the fight against the growing problem of financial scams, global analytics software leader FICO has collaborated with Jersey Telecom (JT) to develop a......

AutoRek Announces Strategic Collaboration With Capgemini to Help Drive Its Ambitious Growth in Financial Services

Business Wire
by Business Wire0
AutoRek and Capgemini have signed a new agreement that will see Capgemini become AutoRek’s first strategic professional services and technology partner. This will empower AutoRek to be at the forefront of regulatory changes and reporting requirements for clients. Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and......

Options Accelerates Global Growth with Strategic Launch of Dubai Office

Business Wire
by Business Wire0
Options Technology (Options), a global leader in capital markets infrastructure, proudly announces the opening of its new office in the Dubai International Financial Centre (DIFC), marking its commitment to the fast-growing Middle Eastern market and reinforcing its global growth strategy. As an industry leader in delivering cloud-enabled managed services, colocation, connectivity,......
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