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.

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth

Business Wire
New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in......

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

Business Wire
Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and......

Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey

Business Wire
Regula, a global developer of forensic devices and identity verification (IDV) solutions, has released the findings of the second phase of their survey, which explores the business impact of investing in IDV. The results indicate a significant gap in the cost of identity fraud between Banking and FinTech organizations around......

ServisFirst Bank Correspondent Banking Division Announces Expansion into Texas

Business Wire
ServisFirst Bank, a subsidiary of ServisFirst Bancshares, announces the expansion of the Correspondent Banking Division into Texas. Founded in 2011, ServisFirst Bank’s Correspondent Banking Division currently operates in 27 states for 344 correspondent bank customers. Veteran banker, Don Dickerson will serve as Senior Vice President, Correspondent Banking for the Texas......

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access

Business Wire
Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to start lending through its innovative Citi Securities Lending Access platform. The solution will enable Nordnet to expand its already successful securities lending programme to new markets and new client segments. “We......

Zone Adopts ThetaRay AI Solution to Monitor and Screen Payments in Nigeria

Business Wire
Blockchain-powered Nigerian fintech to integrate ThetaRay’s SONAR AI-powered technology to increase growth opportunities with a trusted service Zone (formerly Appzone), Africa’s first regulated layer-1 blockchain network for payments, and ThetaRay, a leading provider of AI-powered transaction monitoring technology, announced they will collaborate to implement ThetaRay’s cloud-based SONAR solution to monitor and screen......

Xelidoni Selects Wolters Kluwer’s OneSumX for Risk Management

Business Wire
Xelidoni has chosen to implement award-winning software from Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), having selected the OneSumX for Risk Management solution. “This arrangement builds on Wolters Kluwer’s longstanding strength in cultivating deep customer relationships, driving continuous engagement, and reinforcing our purpose in being a responsive and trusted partner to the clients we......

Branch Banking Survey Shows Managers Waste Almost 25% of Their Time on Scheduling

Business Wire
Zebra Technologies’ fourth annual International Branch Banking Employee Survey reveals opportunities to digitize and automate operations to improve customer and employee loyalty Zebra Technologies Corporation, an innovator at the front line of business with solutions and partners that deliver a performance edge, announced the results of its fourth annual International Branch......

Spiral Raises $28 Million Series A to Help Banks and Fintechs Easily Embed Sustainability and Social Impact

Business Wire
The NY-based fintech startup allows banks, credit unions, and financial institutions to embed sustainability, social impact, ESG, and CSR into their core businesses, amplify community impact, and increase customer engagement Spiral, the pioneer of Impact-as-a-Service, announced a $28M Series A investment, bringing total funding to $42M. The round was led......

Interprice Technologies Releases Bank API Integration to Streamline Bond Pricing Indications for Treasury Teams

Business Wire
InterPrice Technologies, a Nasdaq Ventures-backed treasury capital markets platform, announced that it has launched its bank API connectivity to instantly connect corporate treasury teams with their banking relationship partners. “The testing and implementation by both Goldman Sachs and InterPrice was a seamless process completed within less than 24 hours. Their......
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