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.

Rêv and Searchlight Complete Acquisition of Netspend for $1 Billion

Business Wire
Netspend founders combine assets to expand global footprint and increase access to digital innovations in payment products International payments company Rêv Worldwide (Rêv), in partnership with funds advised by Searchlight Capital Partners, L.P. (Searchlight), completed its purchase of the Netspend consumer business from Global Payments in an all-cash transaction valued......

Dynasty Financial Partners To Launch Dynasty Investment Bank

Business Wire
Facing Substantial Demand for Investment Banking Services, Firm to Provide M&A Advisory Services to RIAs Inside and Outside of the Dynasty Network Dynasty Financial Partners announced the launch of Dynasty Investment Bank. Going forward, the firm will leverage its M&A and capital strategies capabilities to offer buy-side and sell-side advice......

Cogni Debuts Web3 Passport, Pioneer Turn-Key Solution for Web2 to Web3 KYC Compliance

Business Wire
Cogni’s Passport will transform the Web3 space with its built-in compliance infrastructure for mass adoption Cogni, the pioneer Web3 platform that provides FDIC-insured banking along with an integrated non-custodial wallet, providing users access to Web3 products and services on a single platform, has debuted the “Web3 Passport,” the first and......

Tyfone Partners with Demopolis Equity Partners to Innovate and Scale the Digital Experience

Business Wire
Transaction includes merger with Cubus Solutions + Significant Investment by Demopolis Equity Partners Today, digital banking innovator Tyfone, Inc., announced a major transaction that includes a significant investment from Demopolis Equity Partners and a merger with digital banking provider Cubus Solutions, resulting in the combined entity operating under the Tyfone......

GPS Rebrands as “Thredd” to Reflect Its Unique Position as the Go to Payments Partner of Innovators Worldwide

Business Wire
Thredd sits at the heart of the global payments revolution, processing billions of transactions annually across 44 countries for the world’s leading fintechs, digital banks, and embedded finance providers Global Processing Services, a next generation global payments platform behind the leading fintechs, digital banks, and embedded finance providers across the......

Global Fintech Innovator Kakao Pay Makes Investment In Siebert Financial Corp.

Business Wire
Kakao Pay announced an agreement to purchase a 19.9% stake of Siebert of newly issued shares on April 27, 2023, and subject to shareholder and regulatory approval, Kakao Pay will acquire an additional 31.1% of Siebert of newly issued shares Siebert Financial Corp. announced that it has entered into an agreement......

PPRO Signs Strategic Partnership With NPCI International

Business Wire
This partnership removes complexity and boosts efficiency for international PSPs and merchants wanting to sell cross-border into India at scale PPRO, the leading digital payments infrastructure provider, has signed a strategic agreement with NPCI International Payments Limited (NIPL) to offer global partners access to Unified Payments Interface (UPI), India’s fastest-growing,......

Hokodo and Citi Join Forces to Power Payments on New Renewables Marketplace, Covento

Business Wire
Working with Covento, the Citi and Hokodo partnership is supporting processes needed for a low carbon economy A leading provider of B2B payment solutions, Hokodo, and global financial services firm Citi announced their collaboration to power payments for Covento, a first-of-its-kind renewable energy marketplace. “Hokodo’s proprietary underwriting engine and instant credit......

Cedar Point Federal Credit Union Selects Q2 to Deliver a Modernized Digital Banking Experience

Business Wire
Q2’s digital banking platform enables Cedar Point to deliver new innovative banking solutions to its members Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, announced that Cedar Point Federal Credit Union has selected Q2’s best-in-class digital banking platform to enhance the digital banking user experience......

Wolters Kluwer Compliance Solutions Earns Category Leader Ranking from Chartis Research

Business Wire
Model Risk Management offering provides a superior user experience and risk mitigation Wolters Kluwer Compliance Solutions has achieved a prestigious Category Leader ranking in Chartis Research’s recently published vendor and market landscape report, “Model Risk Management: Validation Services and Tools, and Governance Solutions, 2023.” “To stay active in [this] space, GRC......
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