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.

Array Partners with FICO to Address Growing Demand for Embedded Finance Products

Business Wire
Agreement brings FICO Scores to industry-leading private-label credit, identity and privacy management platform Fintech Meetup–Array, a leading financial innovation platform, announced a multi-year agreement with leading analytics software firm FICO that will provide FICO Scores and credit data to the millions of consumers that use Array’s product platform. “There are tens of thousands of banks,......

Western Union Money Transfers Now Available on MoMo App

Business Wire
Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App Western Union and MoMo announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator’s services have become available on a leading......

TTV Capital Closes Fund VI at $250 Million to Invest in Early-Stage Fintech Companies

Business Wire
Largest fund in the firm’s twenty-three year history will include core and exploratory investments in payments, banking, embedded finance, and more TTV Capital, an early-stage fintech venture capital firm, announced that it has closed its sixth fund at $250 million, the largest since the firm was founded over two decades......

Mastercard Strengthens Customer Security With New AI ‘Cyber Shield’

Business Wire
Acquisition of Baffin Bay Networks enhances multi-layered protection against cyber risk Mastercard acquired cloud-based cybersecurity company Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. “Our cloud-based Threat Protection service provides a simple and effective way to safeguard against application and network-level attacks” Baffin Bay......

WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity

Business Wire
Results in total funding and capital commitments of over $1.0 billion to support WeWork’s business plan for continued growth WeWork Inc., the leading global flexible space provider, announced that it has entered into a series of agreements with an ad hoc group representing over 60% of the company’s public bonds,......

Northern Trust to Provide Custody and Benefit Payments to South Shore Regional Centre for Education

Business Wire
Northern Trust has been selected by South Shore Regional Centre for Education (SSRCE) and Tri-County Regional Centre for Education (TCRCE), to provide custody and benefit payment services for their CUPE (Canadian Union of Public Employees) Staff and Support Staff defined benefit pension plans. “Northern Trust has a long and great......

Fisker Confirms Banking Relationship With JPMorgan Chase NA

Business Wire
Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, confirms its global banking and treasury management relationship with JPMorgan Chase NA. “Amid turmoil in the banking sector, Fisker’s relationship with JPMorgan Chase provides us with strategic financial strength as we launch our first......

QualTek Secures New Money Financing

Business Wire
Financing provides the Company with greater liquidity as it takes steps to improve its financial position for future growth QualTek Services Inc., a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization and renewable energy sectors, announced the successful closing of new money......

Limit Break Acquires FREENFT: the Premier NFT and Web3 Asset Distribution Platform

Business Wire
Limit Break, a blockchain-based gaming company and pioneer of free-to-own online gaming, will purchase FreeNFT, a California-based firm that gives away NFTs to collectors in a deal expected to close this month. Limit Break is thrilled to announce its latest initiative aimed at growing the NFT ecosystem and bringing Web3......

Genesis Bank Announces Partnership With Santa Ana College and Excess Telecom

Business Wire
Genesis Bank announced that it has forged a partnership between Santa Ana College and Excess Telecom, to address the lack of access to internet and technology. In the Fall of 2022, Genesis entered into an agreement to be the exclusive banking distribution partner of Excess Telecom, an officially licensed nationwide......
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